With the Coronavirus causing many businesses to lose customers and many people not able to work, the government will need to take action here.  I have been very critical of their decisions to run deficits during good times and I think what we have now shows why you should run surpluses during good times so… Continue reading Upcoming Budget

The Coronavirus is taking the turn for the worst.  While events are happening quickly and no one knows how this will turn out, I do believe there are certain steps we can take.  I agree with the recommendation of some provincial governments to avoid all non-essential travel outside the country including to the US.  I… Continue reading Coronavirus

With slow growth, oil prices falling, and Coronavirus we are likely heading for a recession if we are not already in one.  The crashing oil prices are likely to be bad news for Alberta economy and to a lesser extent nationally.  In the case of Alberta, I really don't see how the government can balance… Continue reading Oil Prices crash and possible recession

Elizabeth Warren has dropped out after finishing third in her home state of Massachusetts.  This is no surprise as she really had no path to winning the nomination.  The question becomes what is the impact.  She is a progressive so should help Bernie Sanders a bit, but unlike Sanders still more establishment and also wanted… Continue reading Elizabeth Warren drops out and Kenney endorses O’Toole

It was a great night for Joe Biden who not only won all the states I predicted, but even won Massachusetts and might win Maine.  For sanders it won't be quite as bad as headlines on delegate count as he will win California and while losing Texas, only slightly behind there so almost equal in… Continue reading Super Tuesday

I will have more on this once results come in.  California due to mail in ballots could take a while especially close.  But anyways here are my predictions on winners. Biden Virginia (comfortable not blowout) North Carolina (comfortable not blowout) Tennessee (comfortable not blowout) Alabama (Blowout, his biggest win) Oklahoma (comfortable not blowout Arkansas (comfortable… Continue reading Super Tuesday Predictions

Joe Biden yesterday not only won South Carolina, he won big, so without question he is back in the game.  Yes the state is a fairly conservative one so Democrats there tend to be more conservative than in most states and Bernie Sanders has struggled with African-Americans, particularly over 40 and in the South (he… Continue reading Joe Biden’s big win in South Carolina

Teck Frontier decided to pull the plug.  Whether it was economically viable or not, it is clear the federal government was either going to kill it or if approved would be blockaded like current blockades and never get done.  As such they made the wise economic decision which is no surprise.  This would have brought… Continue reading Is Canada broken and major updates

Sanders has won Nevada caucus and quite decisively.  I would say at this point, it goes without question Sanders is the frontrunner.  That doesn't mean he is guaranteed to be the next nominee but definitely the favourite.  As I have blogged elsewhere, I believe this would be a huge gamble and greatly increase the chances… Continue reading Nevada Caucus results and Democrats way forward

Current blockades over the Wet'suetew'en solidarity protests are undoubtedly taking a toll on our economy.  Already CN and VIA rail has laid off some and are making many inconvenienced angry.  As such I believe the protesters are doing more harm than good.  As I've always said on any issue, its not about feeling good, its… Continue reading Blockades serve no purpose, time to end them