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jerryking : jean_chrétien   16

Is Poloz making the loonie fly low? - The Globe and Mail
KONRAD YAKABUSKI
The Globe and Mail
Published Thursday, Sep. 25 2014

the governor of the Bank of Canada does not take his marching orders from the government. But the government does influence monetary policy by choosing the governor.

Ask Jean Chrétien. In John Crow’s case, “I didn’t agree with what he had done under [Brian] Mulroney by opting to wrestle inflation to the ground with high interest rates in the middle of a recession and with a high Canadian dollar,” the former prime minister wrote in his memoirs.

Mr. Chrétien turfed Mr. Crow within two months of his 1993 election and replaced him with Gordon Thiessen. The dollar began what seemed like a fortuitous descent from 76 cents to 62 cents in 2002, triggering a manufacturing-led export boom in Central Canada.

The flip side of that boom, however, was complacency. With a low loonie, Canadian manufacturers ignored the need to become more productive and innovative. Thoroughly unmodern, few had any other competitive advantage to fall back on when surging oil prices drove the dollar to parity in 2007.

A lower dollar can put the wind in your sails for a while. Long-term, not so much.
Konrad_Yakabuski  Stephen_Poloz  Bank_of_Canada  loonie  interest_rates  monetary_policy  central_banking  Jean_Chrétien  productivity  complacency  weak_dollar  manufacturers 
september 2014 by jerryking
What Harper learned from Chrétien the street fighter - The Globe and Mail
LAWRENCE MARTIN
Special to The Globe and Mail
Published Tuesday, Sep. 23 2014

Stephen Harper had seen what happened to Mr. Chrétien, what happened to Margaret Thatcher and, having partaken in Reform’s rebellion, what happened to Brian Mulroney’s Tories. All three leaders were multiple election winners. It didn’t matter. They couldn’t keep the lid on.

As Tom Flanagan and Preston Manning have reminded us, Mr. Harper was imperious to begin with. But he learned exceedingly well from those examples. As he heads into an election year, he faces hardly a whimper of internal dissent; this despite trailing Justin Trudeau’s Liberals for the last year and a half.
Lawrence_Martin  Stephen_Harper  Jean_Chrétien  lessons_learned 
september 2014 by jerryking
Jeffrey Simpson: Would it hurt our PMs to respect each other? - The Globe and Mail
May. 04 2013 | Globe & Mail | JEFFREY SIMPSON

Those with a taste for Canadian history should read Sir Wilfrid Laurier’s eulogy to Sir John A. Macdonald. Their parties had fought ferociously over big issues, and the partisanship of their day was ubiquitous. But great men seek public occasions to display respect to each other and, in so doing, invite their fellow citizens to respect the institutions of democracy.
Canadian  history  eulogies  Jeffrey_Simpson  civility  partisan_warfare  etiquette  post-partisanship  Jean_Chrétien  Brian_Mulroney  Pierre_Trudeau  courtesies  Sir_John_A._Macdonald  Sir_Wilfred_Laurier  leaders  politicians  nation_builders  Confederation 
may 2013 by jerryking
Insulting the U.S. with impunity
March 19, 2003 | G&M | John Ibbitson.

Liberal members of Parliament will tell you they aren't anti-American, just anti-Bush. This is only half true.

The Liberal back-bench standing ovation for ...
John_Ibbitson  Liberals  anti-Americanism  Jean_Chrétien 
march 2013 by jerryking
Canada's Iraq policy: Inconsistency ho!
March 19, 2003 | G&M | editorial

Nobody splits hairs the way Jean Chrétien does. The late F. R. Scott said of former prime minister Mackenzie King that he'd do "nothing by halves that cannot be d...
Jean_Chrétien  Saddam_Hussein  editorials 
march 2013 by jerryking
Timing is everything for PM's New York trip - The Globe and Mail
Jeffrey Simpson

From Friday's Globe and Mail

Published Friday, Sep. 28 2001
Jean_Chrétien  9/11  Jeffrey_Simpson  crossborder 
march 2013 by jerryking
The Difference Between Them and Us
March 19, 2003 | G&M Page A23 | By JEFFREY SIMPSON
Jeffrey_Simpson  Jean_Chrétien  Iraq 
march 2013 by jerryking
Another tragic chapter in Canada’s aboriginal saga? - The Globe and Mail
LAWRENCE MARTIN

Special to The Globe and Mail

Published Tuesday, Jan. 08 2013
Under the Conservatives, first nations have not been spared budget cuts. They say the cuts have hurt badly. But even if there’s more money and it’s wisely spent, money isn’t the solution to what ails native people. The problems, the controversies – on housing, health care, alcoholism, land claims, resource revenue, resource exploitation – are too many to count.

The Idle No More movement and Chief Spence’s hunger strike have served the purpose of bringing the issues to the forefront with a Conservative government they claim has been hostile to their interests. It’s hoped that a meeting with the Prime Minister on Friday will set a new working agenda for action. If that agenda is compromised or derailed by revelations of a spending scandal on the reserves, another tragic chapter in our aboriginal saga is upon us.
Lawrence_Martin  aboriginals  Paul_Martin  Stephen_Harper  alcoholism  Jean_Chrétien  Idle_No_More  land_claim_settlements  budget_cuts 
january 2013 by jerryking
Canada's war is already over
National Post | September 24, 2001 | Mark Steyn
Mark_Steyn  Canada  crossborder  9/11  Jean_Chrétien 
june 2012 by jerryking
Plans to export water, though unpopular, keep springing up
Mar. 30, 2011 | Globe and Mail | RENATA D’ALIESIO. In Canada,
MPs of all political stripes are in no mood to entertain water exports.
Mr. Chrétien’s call for a debate was essentially rejected by the NDP,
the federal Conservative government, and the party he led for nearly 13
years, the Liberals. All said they oppose large water exports.

“The vast, vast majority of Canadians are against the idea of exporting
our water in bulk,” said Quebec Liberal MP Francis Scarpaleggia, noting
most of the nation’s renewable water flows north, away from large
population centres. “It could cause irreparable damage to ecosystems.
Moving water around brings invasive species from one basin into
another.”

Mr. Scarpaleggia, the party’s water critic, said Canada should instead
look to export its scientific and technological expertise to developing
countries coping with water scarcity – a growing problem in many regions
of the world, particularly the Middle East and North Africa.
water  exporting  scarcity  Jean_Chrétien 
april 2011 by jerryking

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