drianlee

165 posts

drianlee

drianlee

@drianlee

Associate Professor, Sprott School of Business, Carleton U

Ottawa, ON Katılım Ekim 2008
31 Takip Edilen370 Takipçiler
drianlee
drianlee@drianlee·
@stephenfgordon U Laval is in Quebec City - located 250 kilometers from Montreal. There are 4 universities in Montreal but U Laval is not there And to help you, Gordon is one of Canada's most important economists, who co founded Worthwhile Cdn Initiatives, w/ excellent policy analyses
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Stephen Gordon
Stephen Gordon@stephenfgordon·
This is my favourite response to my "The NDP is the party of stupid people who think they are intellectuals" tweet.
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drianlee
drianlee@drianlee·
@stephenfgordon Worst of all, MPs were using raw, NOMINAL data of gross annual revenues - and said see: "revenues are increasing very quickly - "greedflation" - without removing the very inflation they were condemning, in order to compare apples to apples, year over year or quarter over quarter.
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Stephen Gordon
Stephen Gordon@stephenfgordon·
If you think that it's only right-wing, low-information voters who buy into conspiracy theories, I invite you to read the dumb-ass takes on how Galen Weston singlehandly increased food prices.
Alheli Picazo@a_picazo

Put another way, in times of distress and uncertainty, people seek comfort and find security in answers, particularly answers that fit their priors. Truth matters less than a convincing story with someone/something to blame.

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drianlee
drianlee@drianlee·
@stephenfgordon To be clear, I provided Net Profit Margin RATIO comparative tables - from AUDITED (public) Income Statement of 3 grocery firms - for each of last 3 years - normalized. Most MPs rejected or ignored this empirical data. Some MPs did not know diff btwn Gross & Net Profit Margin
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drianlee
drianlee@drianlee·
@stephenfgordon Agree. I appeared at H of C Finance Cmte 3 months ago with actual Stats Can industry average Net Profit Margin data of 3.5% for grocery retailing & provided data from AUDITED annual reports of Loblaws, Metro, Sobeys. NDP member denied data - told me to stop "lecturing"
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drianlee
drianlee@drianlee·
@bruceanderson Canada could - but has not - been as successful competing for FDI - as WB and UNCTAD data shows. And CD Howe and David Dodge amongst others have criticized. Spending govt billions to subsidize battery plants is an admission of failure that we cannot successfully compete for FDI
drianlee tweet media
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Bruce Anderson
Bruce Anderson@bruceanderson·
Canada can compete for massive investment that wants to locate in jurisdictions that will decarbonise the fastest. The alternative is to pretend the world won't pass us by, and watch our economy shrink, and good jobs leave our communities.
Mark Carney@MarkJCarney

It was a pleasure seeing President @EmmanuelMacron today. With his leadership, France is attracting unprecedented levels of foreign investment while accelerating the transition to net zero.   Looking forward to more work together to create good jobs and build clean prosperity.

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drianlee
drianlee@drianlee·
@bruceanderson The article "Pink slips and running shoes - an empirical analysis of the Liberal downsizing program" was published, How Ottawa Spends, 1998, Gene Swimmer, Ed, McGill-Queens University Press. It is the most comprehensive empirical analysis of the largest downsizing in Cdn history
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Bruce Anderson
Bruce Anderson@bruceanderson·
This is free fuel for the Conservatives. If these unions think a Poilievre government will be better for the public service, they see a different world than I do.
Graham Richardson@grahamr299

Federal unions are launching legal challenges and encouraging public sector workers to file "tens of thousands" of grievances over the new mandate requiring federal workers to return to the office at least three days a week in the fall. ottawa.ctvnews.ca/summer-of-disc…

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drianlee
drianlee@drianlee·
@bruceanderson In my article on GoC downsizing 1997, I quoted Mulroney who promised "pink slips & running shoes" to PS when elected. Then he granted job security not once but twice to PS. Chretien promised to love PS once elected & then gave them pink slips & running shoes in 1995 downsizing
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drianlee
drianlee@drianlee·
@bruceanderson I know dozens of people in the PS. They believe Poilievre will revoke what is being called the "bait and switch" tactic of GoC that promised the unions hybrid work of max 2 days/wk in office - if they ended the strike. The strike ended - the govt cheated and double crossed them
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drianlee
drianlee@drianlee·
@bruceanderson Bruce has a point - the right to use notwithstanding clause is embedded in the Cdn Constitution - by Canada's most famous Liberal PM Pierre Trudeau (& the majority of premiers). The right to invoke notwithstanding is not based on election results - but based in the constitution
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Bruce Anderson
Bruce Anderson@bruceanderson·
I think rights are better protected with a Charter than by relying on whoever gets elected at any point in time. To me, that's the heart of the debate - frustration with some judicial interpretations is a side show.
Alex Murphy@Murf_Dawg

@bruceanderson And just because Trudeau brought in charter (that Quebec has not yet signed onto ) why does charter trump historical tradition of parliamentarians must make the law not unelected judges there has to be balancing act

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drianlee@drianlee·
@bruceanderson former Gov Dodge who was previously DM Finance and before that DM of Health Canada, stated that Budget 2024 was "worst budget since 1981". Also see Anne McLellan, former Lib Deputy PM: "on econ metrics, Canada is getting Ds and Fs" canadacoalition.ca
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Bruce Anderson
Bruce Anderson@bruceanderson·
I personally think there's been a lot of good leadership and policy by Justin Trudeau. Don't think the animus towards him is a fair reflection of the job he's done, more a reflection of these overheated times, plus the normal fatigue factor.
joel berman@joeleberman

@bruceanderson JT has done a good job IMO compared to the Trump lite divisive Poilevre. Many in the media have been against JT since day one: Fife, Coyne, Chase, Walsh, all of NP, the bombardment sets in. The assumptions that get discussed too tired, not in it are never backed by fact.

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drianlee
drianlee@drianlee·
@bruceanderson CD Howe & eg OECD have empirically shown the decline in business capital investment, decline in productivity. So has Coyne at Globe & Mail as has Economist David Rosenberg and some reports from economists at RBC, Scotiabank. Also see recent Monetary Policy Reports of BoC.
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drianlee
drianlee@drianlee·
@bruceanderson former Gov David Dodge, a career public servant strongly disagrees. As does former Liberal Finance Minister John Manley as does former Liberal Deputy PM Anne McLellan as does former Liberal Premier Christy Clark as does Don Drummond, former ADM, Finance as does Bill Morneau
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drianlee
drianlee@drianlee·
@Alex_Panetta Completely agree as a paid member of PBS since the days of the outstanding McNeil-Lehrer to the present. PBS was certainly liberal but fair and balanced. This was why many of us watched PBS - including fiscal conservatives such as myself. PBS is putting their brand at risk.
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drianlee
drianlee@drianlee·
@bruceanderson GHG emissions are a GLOBAL problem - not a Canadian problem - that requires addressing the GLOBAL causes. The top 3 country emitters produce more than the 100 countries at bottom. wri.org/insights/inter… Why does Canada refuse to export LNG to help China reduce its GHG #1 world?
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Bruce Anderson
Bruce Anderson@bruceanderson·
w respect, when I look at my grandkids, I can't imagine speaking the phrase "IF greenhouse gases are a problem" .......and I can't imagine wanting to teach them that if you can't solve everything, you shouldn't try to do what you can.
Dan Albas@DanAlbas

"If greenhouse gases are a problem, they’re a global problem. Canada can do nothing by itself to solve it. If the Canadian economy were to disappear tomorrow, the increase in emissions from China, which is building two new coal-fired power plants per week, would more than makeup for the elimination of Canadian emissions within months." thehub.ca/2024-03-26/ste…

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drianlee
drianlee@drianlee·
@bruceanderson No serious person advocates doing nothing. It is irresponsible of Govt of Canada to: 1. refuse to allow LNG exports to China to help reduce emissions of largest emitter in world 2. Per NR Can, Canada has reduced emissions on per person basis from 1996-2023
drianlee tweet media
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drianlee
drianlee@drianlee·
@bruceanderson Germany still heavily reliant on coal - far higher than Canada: ourworldindata.org/co2/country/ge… Why does the Cdn Govt refuse to help Germany reduce its dependence on coal with LNG exports - which Germany requested. US is exporting LNG to Germany - why has Canada refused to help w/ LNG?
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drianlee
drianlee@drianlee·
@bruceanderson World coal consumption graph - China is by far number 1 user of coal in world, iea.org/data-and-stati… Why do we pretend that Canada is the problem - Canada could be part of the solution - if we exported LNG to China - to reduce its enormous GHG emissions
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drianlee
drianlee@drianlee·
@bruceanderson BBC, "Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change" It is deceptive to argue that Canada at 1.5% of world GHG, can significantly change WORLD GHG emissions without China, US, India at 45% of world.
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Keşfet

@stephenfgordon @bruceanderson @Alex_Panetta @elonmusk @BarackObama @taylorswift13 @cristiano @BillGates