PM Mark Carney's Canada

[urbanclient]

The low in % GDP defense spending was under Harper. It actually rose (to dubious effect) under JT.

It depends on if we're comparing year-to-year or averages. The averages favour JT, but that gap is small when JT is then compared to Carney. Although part of the reason 2% was hit so quickly is from creative accounting by moving other departments into the Department of National Defence.

Ratio of military expenditure to GDP Canada| Statista

In 2024, the ratio of military expenditure to gross domestic product (GDP) in Canada stood at 1.31 percent.

www.statista.com

 

[Full Metal Junkie]

The low in % GDP defense spending was under Harper.

2000-2014 was a blissful period in the world history. Despite the US involvement in the middle east, and arguably because of US hegemony on being the world's policeman, this was the most peaceful period in modern history. The western nations lived under the illusion that we are done with wars. Certainly, we were thinking that in the globalized economy no one would be stupid enough to start a large scale conventional war that would threaten "civilized countries".

Russia's invasion of Ukraine in 2014 should have been a wakeup call for everyone. It was for Poland and the Baltic states, but the rest of NATO swept it under the rug as an inconvenient blip on the radar. Steady as she goes.

We have emboldened the CRINK axis as the result of our blissful ignorance. We showed our weakness. CRINK axis views us as weak and incompetent (and they have a point). And they plan to make us pay for our weakness.

2022 invasion of Ukraine was but a start. Wait until China gets into the fight. Shouldn't be long now. If they were still on the fence about invading Taiwan next year, they no longer are. The dumb way US went about attacking Iran may have just solidified China's own war plans.

 

[urbanclient]

2000-2014 was a blissful period in the world history. Despite the US involvement in the middle east, and arguably because of US hegemony on being the world's policeman, this was the most peaceful period in modern history. The western nations lived under the illusion that we are done with wars. Certainly, we were thinking that in the globalized economy no one would be stupid enough to start a large scale conventional war that would threaten "civilized countries".

Russia's invasion of Ukraine in 2014 should have been a wakeup call for everyone. It was for Poland and the Baltic states, but the rest of NATO swept it under the rug as an inconvenient blip on the radar. Steady as she goes.

We have emboldened the CRINK axis as the result of our blissful ignorance. We showed our weakness. CRINK axis views us as weak and incompetent (and they have a point). And they plan to make us pay for our weakness.

2022 invasion of Ukraine was but a start. Wait until China gets into the fight. Shouldn't be long now. If they were still on the fence about invading Taiwan next year, they no longer are. The dumb way US went about attacking Iran may have just solidified China's own war plans.

Interesting take. Maybe it was blissful for Developed/Western countries, not sure it was absolutely blissful for other places. If you're taking 2014 Ukraine as the bookend, and only considering "civilized countries", then that ignores non-US involved conflicts elsewhere.

But maybe those conflict are less relevant to the US and NATO.

I was being pedantic about spending "rising" under JT, when strictly speaking, it declined for two years during COVID.

 

[Full Metal Junkie]

Interesting take. Maybe it was blissful for Western/European countries, not sure it was absolutely blissful for other places.

No, it was truly the most peaceful period in modern history worldwide.

 

[Admiral Beez]

If PM Carney does not put in place a rule that all mineral extraction business in Canada must be majority Canadian owned, this whole build Canada strong idea is moot.

https://www.cbc.ca/news/canada/nunavik-rare-earth-mining-project-9.7138515

An ideal rule would be that no one country can have a larger than 25% stake in anything Ottawa does/would/should deem strategic.

 

[CMQSD402F9011]

If PM Carney does not put in place a rule that all mineral extraction business in Canada must be majority Canadian owned, this whole build Canada strong idea is moot.

https://www.cbc.ca/news/canada/nunavik-rare-earth-mining-project-9.7138515

An ideal rule would be that no one country can have a larger than 25% stake in anything Ottawa does/would/should deem strategic.

Didn’t Stephen Harper allowed a U.S. based hedge fund named Pershing Square to buy up shares of CP Rail back in 2011-12 and then installed a U.S. CEO to take over?

 

[Admiral Beez]

Didn’t Stephen Harper allowed a U.S. based hedge fund named Pershing Square to buy up shares of CP Rail back in 2011-12 and then installed a U.S. CEO to take over?

IDK. Did he?

 

[UtakataNoAnnex]

...feels like a lot of palms are being greased here regardless of ethics or sovereignty, which shouldn't be surprising to anyone here. Where money walks, bullshite talks.

 

[thettctransitfanatic]

The Prime Minister has congratulated Avi Lewis on becoming the leader of the federal NDP:

 

[Monarch Butterfly]

Air Canada CEO Michael Rousseau to step down​

From https://www.theglobeandmail.com/business/article-air-canada-ceo-michael-rousseau-to-step-down/

Air Canada announced that its embattled chief executive will step down.

Michael Rousseau will retire by the end of the third quarter of 2026, the airline said in a news release Monday. He’ll continue to lead Air Canada and serve on the board of directors until that time, the company said.

Mr. Rousseau has sparked outrage and indignation in Quebec and Ottawa over his inability to speak French, one of Canada’s two official languages.

Last week, he ignited a storm of criticism for a video uploaded to the airline’s website in which he expressed his “deepest sorrow for everyone affected” by the LaGuardia airport accident and provided a factual update of the situation. He said only two words in French in the nearly four-minute video: “Bonjour” at the start and “merci” at the end.

Air Canada said a search for a new CEO is already under way.

 

[T3G]

Mr. Rousseau has sparked outrage and indignation in Quebec and Ottawa over his inability to speak French, one of Canada’s two official languages.

Man, I wish my life was so easy I could afford to care about shit like this.

 

[Admiral Beez]

Air Canada CEO Michael Rousseau to step down
From https://www.theglobeandmail.com/business/article-air-canada-ceo-michael-rousseau-to-step-down/

IMO, Ottawa had no business here. Yes, operational announcements to passengers must be bilingual, but there's no law that press releases like this must be. Air Canada is a private corporation, so it's up to the firm's board, stockholders and customers to decide if they're dissatisfied or otherwise with their CEO.

And now as they shop for a new CEO, Air Canada is restricted, with exceptions, essentially to a smaller pool of francophone executives, since that's who's going to be sufficiently bilingual. That's great for the optics, but may not be in the best interests of shareholders.

 

[lenaitch]

The 'controversy' certainly did suck a lot of the oxygen out of the accident coverage.

 

[Admiral Beez]

The Prime Minister has congratulated Avi Lewis on becoming the leader of the federal NDP:

View attachment 725160

The PM is happy. The NDP will swing far left so to drive any Layton-type moderates to the Liberals. Same as the Cons far right swing drove Harper-type moderates also to the Liberals.

 

[thettctransitfanatic]

The PM is happy. The NDP will swing far left so to drive any Layton-type moderates to the Liberals. Same as the Cons far right swing drove Harper-type moderates also to the Liberals.

Pretty much. The NDP is about to become the party of urban young people exclusively. Lewis will not appeal to suburban and rural Canada, and he will struggle to appeal to older voters.