Tag Archives: Canadian

Canadian prime minister Stephen Harper seeks increased trade with India

 

Canadian Prime Minister Stephen Harper

 

Story here from CTV News.

Excerpt:

Prime Minister Stephen Harper spent his first day in India selling Canada as a desirable place to invest and highlighting the need for greater trade ties between the two countries.

Harper visited the cities of Mumbai and New Delhi on Monday, the first stops on a high-profile, three-day tour of the country that is home to 1.2 billion people. It is his first visit to India as prime minister.

[…]He spoke about the advantages of investing in Canada, and he recited the many ties that the two countries share — including pluralistic parliamentary democracy, federalism and more than 1 million Canadians who claim Indian heritage.

Canada, said Harper, has “one of the most welcoming environments for investment in the world and has the resources necessary to meet India’s growing energy and infrastructure needs.”

While Harper talked much about investment opportunities in Canada, he downplayed any suggestion that he would be signing two anticipated bilateral deals that have been expected for some time.

“On the subject of nuclear energy, it is my sincere hope that our two governments will complete our bilateral nuclear co-operation agreement soon,” said Harper, alluding to a pending deal that was first announced back in January.

Harper said Canada is also “keen” to complete a foreign investment protection deal, but that too remains under negotiation.

Stephen loves his country, he doesn’t apologize for Canada when he goes abroad. He wants to reach out to other countries by signing trade deals, so that Canadians will be able to pay the lowest prices for imported goods, and will be able to export Canadian products to more markets. Meanwhile, Obama screws American consumers by shunning free trade deals and raising tariffs against other countries.

Stephen Harper on stage again, in Mumbai

In other news, Blue Like You reports that Harper also took part in a dance on stage at a popular Indian reality TV show.

Now, if only Canada could get a cricket team to participate in all the tournaments, as well as a rugby team, and a soccer team.

Ontario deficit to hit $25 billion as tax revenues plunge

map-canada-political
Political Map of Canada

The problem with the left is that they think that the producers will just keep producing in the face of massive tax hikes and government spending. Sorry, but producers curtail their producing when they get to keep less and less of the fruits of their labor. Dalton McGuinty, the Liberal premier of the province of Ontario, is a prime example of this ignorance of incentives.

Consider this story from the National Post. (H/T Joanne from Blue Like You)

Excerpt:

Falling revenues and a burgeoning $24.7-billion deficit will force Ontario’s Liberal government into a new era of fiscal restraint, provincial Finance Minister Dwight Duncan said yesterday.

[…]According to economic figures released yesterday, Ontario is spending $4.8-billion more this year than it predicted just seven months ago. The increased spending includes $4-billion in auto-sector assistance and an additional $650-million to fund the province’s H1N1 response. Program spending has also risen by $812-million.

Tax revenues, meanwhile, are falling dramatically. They now stand at $5.8-billion less than the government predicted in last spring’s budget. Corporate taxes are $2.65-billion — or nearly one-third — lower than projections, while personal income tax is down $2.43-billion, or 10%.

[…]Conservatives, who have watched as the Liberals raised spending by nearly 60% over their first six years in office, were skeptical about the new pledge of austerity.”Dalton McGuinty is hard-wired to increase your taxes and increase spending,” Conservative leader Tim Hudak said. “The reality is, the only way to get spending under control is to change government.”

[…]One analyst said the province’s massive deficit is heightened by the growing size of Ontario’s health-care sector, expected to account for half the budget by 2015.

Earlier this week I blogged about the Federal Conservative Party of Canada, which gained two seats in the 2009 by-elections, bringing them to 145/308 in the House of Commons. They need 155 to have a majority.

States like New York and California are running into the same taxing and spending problems here at home. Even the Democrat Governor of Ohio Ted Strickland is in trouble, and threatening to cancel scheduled tax cuts.

Conservative Party of Canada wins two seats in by-elections

Congratulations to our conservative neighbors to the North!

Stephen Harper’s Conservatives pulled off an amazing political upset in federal by-elections Monday night, stealing a rural Quebec stronghold seat from the Bloc Quebecois.

The Conservatives also reclaimed a traditionally Tory seat in Nova Scotia, ultimately winning two of the four by-elections held Monday.

The results suggest the minority Conservative government’s political fortunes are undimmed by the recession and far stronger than expected in Quebec.

Let’s compare results:

Montmagny – L’Islet – Kamouraska – Rivière-du-Loup (Quebec)

2008:

  • Bloc Quebecois 20,494
  • Conservative 13,640
  • Liberal 6,835
  • New Democrat 2,428

2009:

  • Conservative 12,162
  • Bloc Quebecois 10,737
  • Liberal 3,768
  • New Democrat 1,363

Cumberland – Colchester – Musquodoboit Valley (Nova Scotia)

2008:

  • Independent 27,303
  • New Democrat 4,874
  • Conservative 3,493
  • Liberal 3,344

2009:

  • Conservative 11,167
  • New Democrat 6,267
  • Liberal 5,193

So, now the Conservatives have 145 of 308 ridings. Closer and closer to a majority.

Aside: why is it so freezing these days?

But I also note that October 2009 was our 3rd coldest in 115 years. Canadian readers: please keep the cold up there, we don’t want any of that down here. But if you could have Stephen Harper visit Washington more often, and perhaps give the ACORN lawyer some advice on how to run a country without bankrupting it, that would be OK with us.

Australia: same deal. We want John Howard to visit us. But keep your record cold October to yourself.