Skip to main content

Apparently Harper doesn't read his own governments economic reports

Harper was in London yesterday toting all that he has done for Ontario manufacturing and telling us how his government prudently managed the economy through the recessive threats of the US meltdown.
"The hard-working people of this region want to know this government is on their side," he told about 1,000 enthusiastic supporters at the London Convention Centre.

"And between now and Oct. 14, they will choose between the certainty a Conservative government provides and the risk represented by the Liberals, Green Party and the NDP." Harper said.

"My own belief is if we were going to have some kind of crash or recession, we probably would have had it by now a year into the (financial) crisis."
In reality his government has sat on the sidelines during his stewardship as Canadian manufacturing has been decimated by the combination of a rising Canadian dollar that has decreased revenues and lowered exports of our manufactured goods and services and the high cost of oil which has raised production costs for this already weakened sector.

Harper’s focus has been on the exploitation of resources, predominantly oil.
While the auto industry was announcing their shutdown of Canadian plants, his finance minister was busy attacking the Ontario government for being bad place for investment.

Instead of supporting the Ontario government’s search for new manufacturing facilities from Toyota and other auto makers, Harper’s, then Minister of Trade, Emerson was in Europe telling the world that Canada ’s north was opening up for oil development.

And when Harper’s government finally did act just prior to calling the election, it was too little, too late with investments in upgrading two Ontario auto parts plants.
Meanwhile Harper’s claim that the he has managed us through the worst of it, contradicts the report from his own leading economic agency released back in July.
The EDC (Export Development Canada) released it’s report in July predicting the price of a barrel of oil to decline to under $100 by year end and drop to $84 next year.

Although they also predicted that the Canadian dollar will drop to below 90 US which will help the manufacturing sectors of Ontario and Quebec we would not see a turn around in those sectors until 2010.

Next year, 2009, will be hard for both the manufacturing and resource sectors of the economy in Canada.
Harper’s short sightedness in only focussing on one segment of our economy is going to come back to bite us all in the ass next year.

Harper has done a good job of managing Alberta’s economy through the boom.

Unfortunately he just hasn’t done so much for the rest of us.

Reference: Harper in London from CNEWS here.


Popular posts from this blog

Election close call, Omar, Bob and move over Warren

Wow that was a close one:
With the NDP leading in the polls at the beginning of September, I started to prepare myself, for the very first time in my life, to vote for the NDP. Mulcair looked good enough for me, with some of the best lines about Harper's Government during most of his interviews, except that he would always add the phrase, "just like the liberals" to the end of it and I thought, if I'm one of those Harper hating, Liberal voters that you probably need to vote for you, why the hell are you insulting me with this partisan bullshit.


That is the number of Syrian refuges that the Harper government has brought into Canada.

From the Globe and Mail:
However, the government is facing criticism because 2,374 Syrian refugees have so far been settled. Of that number, only 622 - or 26 percent - were assisted by the government. The others were privately sponsored by individuals or non-government. The others were privately sponsored by individuals or non-government organizations. The NDP argues that in addition to private sponsors, the government should immediately accept 10,000 Syrian refugees. Liberal leader Justin Trudeau said the target should be 25,000 government-sponsored refugees, which he estimates would cost Ottawa $100-million.In other words the Harper government that banters around the 10,000 plus refugee number has brought in 622 refugees or about 170 families.

The other 2,352 so called refugees that Harper has allowed to emigrate to Canada consist of wealthy Syrian Christians who paid their own way in, hightailing …

Surprising how some tunes are just timeless