Monthly Archives: September 2016

Ontario Government and Privatization

Ontario’s leader, Kathleen Wynne, had an option a short while ago with respect to raising badly needed funds following the pseudo-Friedmanesque program of slashing corporate taxes.

There are many assets that Ontario could sell off, but the focus is increasingly on Ontario Hydro and potentially the LCBO.

The decision to sell off Ontario Hydro was a financially prudent one in that it shoved all of the bloated debt from nuclear days away from the liability of the Ontario government.  This move helped bring the private sector on board for managing and controlling this debt.

Ontario Hydro is also, in a very rudimentary sense, a single company that used to be owned by the public.  While there were many contractors that were beneficiaries of massive public spend (Enbridge, GE, Samsung to name a few), the company was at its very core a public company.  I’ll get to this in a sec.

However, it was not politically expedient and will prove to be Wynne’s downfall in the next election.  At a recent event, she was booed by the public.  This kind of show of disgust with a leader only boils over when the entire public has had enough of bad management.

But that won’t stop Wynne from ‘converting’ the public of Ontario to hydro through a series of ill-conceived plans that will only benefit a few bankers, car manufacturers and private citizens.

She won’t stop until we’re all complete indentured servants to a massive transfer of wealth from the hands of the people of Ontario to a select few.  Bills will increase, companies will leave and we’ll be left destitute.

This decision will prove to be a disastrous one.

On the other hand, the LCBO should be privatized.  What they are doing now borders on corrupt and again ill-conceived because they’re transferring the ability to generate cash-flow from alcohol sales to a select few like the Westons (Loblaws) and Walmart.

Instead, they should have proceeded with a ‘anyone can get a license’ approach that would have truly liberated the market and been of benefit to the hundreds of new craft producers of wine, spirits and beer in Ontario.

Also, the LCBO is nothing but a massive front for a small handful of companies such as Constellation Brands, AB InBev and such who use the LCBO to eliminate any competition.

Privatization is something that we should all consider as residents of Ontario, but the public has a right to know why so many bad decisions and hair-brained schemes are being pursued by our current leader.

Category: Uncategorized

Wynne’s Losing Power Play

Kathleen Wynne’s days as a politician and leader of Ontario are numbered.

She’s ruling on borrowed time.

The ‘power play’ that Kathleen Wynne is pursuing is killing the prospects of Liberals in Ontario.  Come time for the next election, she will lose.

At the root of the issue is electricity.  Rates in Ontario have increased substantially for the last 20 years and will continue to increase.

We are SELLING electricity to the US and other neighbours while the people of Ontario are being lead to believe that new initiatives to increase our reliance on electricity should be bought into and supported.

Ontario Hydro should NEVER have been sold off, despite the crippling load of debt that exists with the company.  Ontario should have privatized the LCBO instead.

The recent ‘carbon’ plan subsidizes car manufacturers, not people who invest in electrical independence, gained by solar, wine, geothermal and other renewable forms of energy that help us get ‘off the grid’.

She is gambling that people will continue to demand electricity and will allow themselves to be handcuffed to an electrical system and network that will fail enormously, both in terms of addressing the needs of consumers, but also the businesses that rely on electricity for our manufacturing infrastructure.

Paying out a few bucks to rural customers is a joke.

Wynne’s power play will lead to her political demise.

The problem:  who’s a suitable leader to challenge her?

Category: Uncategorized

Will We Let This Man Put An End To Canadian Health Care?

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Press Progress did a fine job of reviewing 13 things to know about the people trying to kill Canadian health care.

You need to read this if you’re at all interested in the Canadian health care system.

Over-billing?

Under audit?

It sounds like Dr. Brian Day is the Donald Trump of Canada’s health care system.

Now, I’m not going to pretend the system is perfect.  We still have hundreds of private companies soaking up hundreds of billions of taxpayer dollars in the form of pharmaceuticals, hardware and other services we don’t need or that we should deliver by the public, for the public, but it’s better than getting shafted by the profit margin when you’re experiencing chest pains or in need of a appendectomy.

Also, it sheds a light on the absurdity of our tax system when a couple of organizations like the Canadian Taxpayers Federation, the Fraser Institute and the Canadian Constitution Foundation.

These organizations need to be audited by the Canada Revenue Agency and ideally shut down for using taxpayer dollars for political agendas.

Category: Uncategorized