mackaycartoons

Graeme MacKay's Editorial Cartoon Archive

  • Archives
  • DOWNLOADS
  • Kings & Queens
  • MacKaycartoons Inc.
  • Prime Ministers
  • Special Features
  • The Boutique
  • Who?
  • Young Doug Ford
  • Presidents

dependence

Wednesday August 26, 2015

August 25, 2015 by Graeme MacKay

By Graeme MacKay, Editorial Cartoonist, The Hamilton Spectator - Wednesday August 26, 2015 Fiscal plans take centre stage after markets turmoil As global stock markets plunged on Monday, Conservative Leader Stephen Harper urged voters to stick with his party's fiscal plan, while NDP Leader Tom Mulcair and Liberal Leader Justin Trudeau said a change in government would boost the economy. The S&P/TSX composite ended the day down 421 points while the Dow Jones industrial average lost 588 points. The loonie closed at its lowest level since August 2004, hitting 75.4 cents U.S. Speaking in Quebec, Harper acknowledged that Canada is facing "economic challenges," but pointed to the Conservative record of investing in innovation, infrastructure, immigration, training, and trade to create economic growth. "We're making investments in the things that will get us through this, and position us well for the long term," he said. He also highlighted Canada's "disciplined" financial framework, including a strong banking system, a balanced budget, and low taxes. By contrast, Harper said, the NDP and Liberal Party are proposing large-scale permanent spending increases, which they would finance through deficits and tax increases. "We think that is clearly the wrong track. It would be clearly damaging both in the short term and the longer term in this country," he said. "Given the challenges around us, we need to stick with a long-term plan that has been working and will work." HarperÕs office released a short statement Monday stating that he had spoken on the phone in the morning with Bank of Canada Governor Stephen Poloz. "Prime Minister Harper and Governor Poloz discussed the recent decline in global stock markets and commodity prices, slowing growth in China and emerging markets and the potential impacts on Canada's economy,Ó the statement read. (Source: CTV News) Canada, China, oil, dependence, reliance, diversification, economy, dragon, markets, stocks, Alberta, advice,

By Graeme MacKay, Editorial Cartoonist, The Hamilton Spectator – Wednesday August 26, 2015

Fiscal plans take centre stage after markets turmoil

As global stock markets plunged on Monday, Conservative Leader Stephen Harper urged voters to stick with his party’s fiscal plan, while NDP Leader Tom Mulcair and Liberal Leader Justin Trudeau said a change in government would boost the economy.

2011-2015

2011-2015

The S&P/TSX composite ended the day down 421 points while the Dow Jones industrial average lost 588 points. The loonie closed at its lowest level since August 2004, hitting 75.4 cents U.S.

Speaking in Quebec, Harper acknowledged that Canada is facing “economic challenges,” but pointed to the Conservative record of investing in innovation, infrastructure, immigration, training, and trade to create economic growth.

“We’re making investments in the things that will get us through this, and position us well for the long term,” he said.

He also highlighted Canada’s “disciplined” financial framework, including a strong banking system, a balanced budget, and low taxes.

By contrast, Harper said, the NDP and Liberal Party are proposing large-scale permanent spending increases, which they would finance through deficits and tax increases.

“We think that is clearly the wrong track. It would be clearly damaging both in the short term and the longer term in this country,” he said. “Given the challenges around us, we need to stick with a long-term plan that has been working and will work.”

Harper’s office released a short statement Monday stating that he had spoken on the phone in the morning with Bank of Canada Governor Stephen Poloz.

“Prime Minister Harper and Governor Poloz discussed the recent decline in global stock markets and commodity prices, slowing growth in China and emerging markets and the potential impacts on Canada’s economy,” the statement read. (Source: CTV News)

 

Posted in: Canada Tagged: advice, Alberta, Canada, China, dependence, diversification, dragon, Economy, election 2015, election2015, markets, oil, reliance, stocks

Please note…

This website contains satirical commentaries of current events going back several decades. Some readers may not share this sense of humour nor the opinions expressed by the artist. To understand editorial cartoons it is important to understand their effectiveness as a counterweight to power. It is presumed readers approach satire with a broad minded foundation and healthy knowledge of objective facts of the subjects depicted.

  • The Hamilton Spectator
  • The Toronto Star
  • The Globe & Mail
  • The National Post
  • Graeme on T̶w̶i̶t̶t̶e̶r̶ ̶(̶X̶)̶
  • Graeme on F̶a̶c̶e̶b̶o̶o̶k̶
  • Graeme on T̶h̶r̶e̶a̶d̶s̶
  • Graeme on Instagram
  • Graeme on Substack
  • Graeme on Bluesky
  • Graeme on Pinterest
  • Graeme on YouTube
New and updated for 2025
  • HOME
  • MacKaycartoons Inc.
  • The Boutique
  • The Hamilton Spectator
  • The Association of Canadian Cartoonists
  • The Association of American Editorial Cartoonists
  • You Might be From Hamilton if…
  • Young Doug Ford
  • MacKay’s Most Viral Cartoon
  • Intellectual Property Thief Donkeys
  • Wes Tyrell
  • Martin Rowson
  • Guy Bado’s Blog
  • National Newswatch
...Check it out and please subscribe!

Your one-stop-MacKay-shop…

T-shirts, hoodies, clocks, duvet covers, mugs, stickers, notebooks, smart phone cases and scarfs

2023 Coronation Design

Brand New Designs!

Follow Graeme's board My Own Cartoon Favourites on Pinterest.

MacKay’s Virtual Gallery

Archives

Copyright © 2016 mackaycartoons.net

Powered by Wordpess and Alpha.

Social media & sharing icons powered by UltimatelySocial
 

Loading Comments...