A SCRAMBLE FOR CORPORATE
PROFIT
MY CANADA noticed the Canadian bank rate went down and the cost of borrowing is expected to go down SOON too. If the Bank of Canada announcement had been an increase the cost of borrowing would have escalated before the governor was finished telling television audiences about the rise.
On Tuesday January 20th 2015 the price of gas at the pumps in Sudbury was below 90 cents per liter and still above the price paid south of the French River and even in eastern Ontario. The price per liter on Thursday January 22nd 2015 rose to 95.5 cents at Imperial Esso stations supposed based on the price of crude oil increasing $2.68 per BARREL projected for the month of February. There is little doubt using common sense the increase is another instance of the oil giants ripping off customers to promote the greed that has become ingrained in their tightly controlled industry. After all the government cannot touch that increase for fear of losing tax revenue generated. The higher the price per liter the more taxes go to government coffers.
MY CANADA also does not seem immune from the turmoil encompassing most in not the entire world. So-called rebel attacks everywhere are making every corner of the globe appear unsafe. It began in America with the 911 attack in New York followed by a series of attacks in Europe including Britian and never ending terror in Africa. Australia has endured terrorist attacks as have many countries in Asia including India. In some nations a constant state of war is creating huge humanitarian issues.
So is there a solution? All of the insecurity and danger appear to indicate a need for a new world order of some sort that will change the direction of everything happening or will mankind simply follow past history and fall into the need for an all encompassing world war. Maybe a major conflict is the only solution since wars seem to be an aspect of nature in balance.
Enough doom and gloom. For more in-depth analysis on My Canada we need only listen to the rhetoric with respect to the beginning 2015 federal election campaign. Conservative Party of Canada (CPC) Candidate PM Stephen Harper is so far less than front and center with campaigning. The position is right now occupied by New Democratic Party (NDP) leader Tom Mulcair. Meanwhile the third party previous poll leading candidate Liberal Party of Canada (LPC) Justin Trudeau is apparently waiting for a more opportune moment to launch a campaign.
At this moment in time CPC seems content to let a series of appointed government ministers carry the election message. Harper is strangely absent from the campaign launch if CPC vote chasing has even started. The silence might be why the LPC is not pushing the need for recognition. If so and Harper decides a spring election is the best option Tom Mulcair’s NDP can claim the lead in campaigning. Regardless of the election strategy the parties are concocting the current financial woes worrying the economy is changing the entire political picture. The problems include huge deficits and balancing the current budget to reflect political strategy. A change in dealing with the economy is necessitated by suddenly plummeting crude oil prices. But readers needn’t worry the oil giants have already found a way to eke out a few more pennies in their already inflated earning reports. Esso’s borrowing cost in Canada went down while cost per liter of gas increase for consumers. Does that make any sense?
MY CANADA noticed the Canadian bank rate went down and the cost of borrowing is expected to go down SOON too. If the Bank of Canada announcement had been an increase the cost of borrowing would have escalated before the governor was finished telling television audiences about the rise.
On Tuesday January 20th 2015 the price of gas at the pumps in Sudbury was below 90 cents per liter and still above the price paid south of the French River and even in eastern Ontario. The price per liter on Thursday January 22nd 2015 rose to 95.5 cents at Imperial Esso stations supposed based on the price of crude oil increasing $2.68 per BARREL projected for the month of February. There is little doubt using common sense the increase is another instance of the oil giants ripping off customers to promote the greed that has become ingrained in their tightly controlled industry. After all the government cannot touch that increase for fear of losing tax revenue generated. The higher the price per liter the more taxes go to government coffers.
MY CANADA also does not seem immune from the turmoil encompassing most in not the entire world. So-called rebel attacks everywhere are making every corner of the globe appear unsafe. It began in America with the 911 attack in New York followed by a series of attacks in Europe including Britian and never ending terror in Africa. Australia has endured terrorist attacks as have many countries in Asia including India. In some nations a constant state of war is creating huge humanitarian issues.
So is there a solution? All of the insecurity and danger appear to indicate a need for a new world order of some sort that will change the direction of everything happening or will mankind simply follow past history and fall into the need for an all encompassing world war. Maybe a major conflict is the only solution since wars seem to be an aspect of nature in balance.
Enough doom and gloom. For more in-depth analysis on My Canada we need only listen to the rhetoric with respect to the beginning 2015 federal election campaign. Conservative Party of Canada (CPC) Candidate PM Stephen Harper is so far less than front and center with campaigning. The position is right now occupied by New Democratic Party (NDP) leader Tom Mulcair. Meanwhile the third party previous poll leading candidate Liberal Party of Canada (LPC) Justin Trudeau is apparently waiting for a more opportune moment to launch a campaign.
At this moment in time CPC seems content to let a series of appointed government ministers carry the election message. Harper is strangely absent from the campaign launch if CPC vote chasing has even started. The silence might be why the LPC is not pushing the need for recognition. If so and Harper decides a spring election is the best option Tom Mulcair’s NDP can claim the lead in campaigning. Regardless of the election strategy the parties are concocting the current financial woes worrying the economy is changing the entire political picture. The problems include huge deficits and balancing the current budget to reflect political strategy. A change in dealing with the economy is necessitated by suddenly plummeting crude oil prices. But readers needn’t worry the oil giants have already found a way to eke out a few more pennies in their already inflated earning reports. Esso’s borrowing cost in Canada went down while cost per liter of gas increase for consumers. Does that make any sense?
