bones

Thursday November 7, 2019

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Thursday November 7, 2019

NDP lost a lot, but Jagmeet Singh risks losing more

January 7, 2019

Justin Trudeau will now have to find dance partners from the NDP and/or the Greens to govern. NDP leader Jagmeet Singh ran a strong campaign. His line during the English language debate that voters did not have to choose between “Mr. Delay” (Trudeau) or “Mr. Deny” (Scheer) was the campaign’s most memorable zinger.

But Liberal alarmism over the prospects of NDP votes leading to a Scheer government appears to have spooked enough would-be New Democrat voters to contain any orange waves.

Singh lost all but one of his 14 Quebec MPs, the result of ground ceded in the lacklustre first 18 months of his leadership.

The compensation, if it is one, is the influence he may wield over the Liberals.

September 5, 2019

But a glance at the history books should be enough to convince Singh to tread lightly when it comes to dealing with the Grits. One of his predecessors, David Lewis, propped up Pierre Trudeau’s government after the latter won a plurality of just two seats in 1972. By the time Lewis decided to bring down Trudeau’s government  in 1974, he was in disrepute with voters, having received all of the blame and none of the credit for the preceding two years in power. In the ensuing election, the NDP lost half its parliamentary caucus.

The mercy is that no-one wants, or can afford, another election. MPs first elected in 2015 will look covetously towards pensions that will become vested after six years. Members from all sides of the House may be less enthusiastic to risk rich retirement plans.

The configuration of the new House of Commons suggests we may be about to encounter that most rare of beasts — a strong, stable, minority government. – John Ivison (National Post) 

 

Thursday October 15, 2009

Editorial Cartoon by Graeme MacKay, Editorial Cartoonist, The Hamilton Spectator - Thursday October 15, 2009 Big problems in higher dollar There is a certain giddiness attached to a soaring Canadian dollar, with visions of cheaper trips to Florida or New York for those who canÊafford to travel. There is also a degree of smugness about us doing better than the Americans in managing the economy. We should dismiss such thoughts, however. The fact is that a higher-valued dollar is a disaster for Ontario's economy, based as it is onÊexports of manufactured goods into the U.S. market. Canadian Manufacturers and Exporters (CME) estimates that, for every hike of oneÊcent in the value of our dollar, 25,000 factory jobs are lost. And since the beginning of this year, the loonie has gone up 15 cents. Partly this is attributable to our better fiscal situation, in comparison to the tax-averse Americans. (The U.S. deficit Ð a staggering $1.6Êtrillion this year Ð is "unsustainable," according to the Congressional Budget Office.) And partly it can be traced to rising prices forÊcommodities, particularly oil, for the loonie is now a "petro-dollar." For manufacturers, this is a double whammy: the higher dollar makes their products less competitive in the American market, and higherÊoil prices drive up their costs. "Canadian manufacturers are really caught between a rock and a hard place," says CME President Jayson Myers. Prime Minister StephenÊHarper notes the "difficult effects" on the economy. (Source: Toronto Star) Canada, Dollar, loonie, strength, strong, imports, exports, fish, skeleton, bones, economy

Editorial Cartoon by Graeme MacKay, Editorial Cartoonist, The Hamilton Spectator – Thursday October 15, 2009

Big problems in higher dollar

There is a certain giddiness attached to a soaring Canadian dollar, with visions of cheaper trips to Florida or New York for those who can afford to travel. There is also a degree of smugness about us doing better than the Americans in managing the economy.

We should dismiss such thoughts, however. The fact is that a higher-valued dollar is a disaster for Ontario’s economy, based as it is on exports of manufactured goods into the U.S. market. Canadian Manufacturers and Exporters (CME) estimates that, for every hike of one cent in the value of our dollar, 25,000 factory jobs are lost. And since the beginning of this year, the loonie has gone up 15 cents.

Partly this is attributable to our better fiscal situation, in comparison to the tax-averse Americans. (The U.S. deficit – a staggering $1.6 trillion this year – is “unsustainable,” according to the Congressional Budget Office.) And partly it can be traced to rising prices for commodities, particularly oil, for the loonie is now a “petro-dollar.”

For manufacturers, this is a double whammy: the higher dollar makes their products less competitive in the American market, and higher oil prices drive up their costs.

“Canadian manufacturers are really caught between a rock and a hard place,” says CME President Jayson Myers. Prime Minister Stephen Harper notes the “difficult effects” on the economy. (Source: Toronto Star)