R.I.P to the great Charlie Kirk! ~ R.I.P to our friend Caskur!



Quote from: Brent on January 08, 2026, 12:13:05 PMThe Liberals are making the investment gap worse.https://wolfstreet.com/2025/09/12/canada-the-industrial-implosion-v-the-united-states/My Jo Jo won't invest his gold foil chocolate coins in the pretend Canadian market.
Quote"Canada: The Industrial Implosion" v. the United Stateshttps://wolfstreet.com/2025/09/12/canada-the-industrial-implosion-v-the-united-states/
by Wolf Richter • Sep 12, 2025 • 129 Comments
Stunning charts of how investment in industrial machinery & equipment collapsed a decade ago in Canada but stayed on track in the US.
By Wolf Richter for WOLF STREET.
"According to the latest national accounts data, real investment in industrial machinery & equipment [in Canada] fell in Q2 to its lowest level on record (data back to 1981). As today's Hot Chart shows, the divergence with the U.S. is nothing short of appalling," wrote Stéfane Marion and Matthieu Arseneau, at Economics and Strategy, National Bank of Canada, in a note sent to subscribers today.
"How did we get here? Years of excessive regulation, and a chronic lack of ambition by successive governments in promoting domestic transformation of our natural resources

QuoteLiberal climate policies damaged our economyhttps://torontosun.com/opinion/editorials/editorial-liberal-climate-policies-damaged-our-economy
Justin Trudeau's policies amounted to Canada cutting its own economic throat, given the importance of the oil and gas sector to our economy
Prime Minister Mark Carney acknowledged in a year-end interview with CBC that former prime minister Justin Trudeau's climate change plan was a $200-billion flop, the roots of that failure predate Trudeau.
They go back to then-prime minister Jean Chretien signing onto the United Nations Kyoto accord in 1998, committing Canada to economy-killing climate targets which – as top Chretien aide Eddie Goldenberg later acknowledged – the Liberals knew they couldn't achieve.
Even the U.S. at the time – with Bill Clinton as president and global warming guru Al Gore as vice president – never ratified the accord after the U.S. Senate, in a 95-0 bipartisan vote, said it would reject the treaty because it made no demands of China and other developing nations to lower their industrial greenhouse gas emissions.
Canada should have done the same, because while the leading advocate of the accord was the European Union and it was designed to hobble the U.S. economy, its implications for Canada – a big, cold, northern country with a relatively small population and a natural-resourced based economy – were even worse.
The problem was that by enacting the UN climate accord and its unachievable target of cutting Canada's emissions to an average of 6% below 1990 levels from 2008 to 2012, the Liberals committed to a UN process that culminated with the 2015 Paris climate agreement and Trudeau promising to reduce Canada's emissions to at least 40% below 2005 levels by 2030, on the way to net zero by 2050.
Trudeau's policies designed to implement that target – while failing to do so – amounted to Canada cutting its own economic throat, given the importance of the oil and gas sector to our economy.
Carney's measures since becoming prime minister – from cancelling the consumer carbon tax and the oil and gas emissions cap, to suspending Canada's EV mandates and signing a memorandum of understanding with Alberta Premier Danielle Smith for a pipeline extending from the oil sands to tidewater in northern B.C. – are all direct repudiations of Trudeau's climate policies.
What remains to be seen is whether Carney's policies – as the leading global corporate spokesman for net zero policies and higher carbon taxes prior to becoming prime minister – will grow the Canadian economy or further damage it.

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