By Theophilos Argitis Bloomberg Mon., May 13, 2019 Bank of Canada Governor Stephen Poloz enters the final year of his term next month, and the guessing game on who could succeed him is underway. While Poloz hasn’t officially announced whether he wants to stay, no Canadian central bank governor has been given a second mandate since the early 1980s. Early front-runners include the governor’s chief deputy, who would be the first woman to take the job, and the head of BlackRock Inc.’s research unit, who would be the first French Canadian. Another contender is the dean of one of the country’s most prestigious business schools, who was passed over last time. The Canadian economy Poloz helped run for six years is emerging from a sluggish expansion with interest rates close to historically low levels. Complicating matters for any successor, household debt is at a record, which will weigh on growth and make the financial system more vulnerable to any … [Read more...] about Meet the frontrunners to succeed Poloz at top Bank of Canada job
Conservative party of canada
By Merran Smith Opinion Dan Woynillowicz Thu., May 2, 2019 Electric cars will take over roads in Canada and around the world. This is not simply the opinion of environmentalists, but a reality echoed by most analysts and automakers. It’s why Volkswagen is betting everything on a fast-approaching electric future. It’s why Ford just dropped a cool $500 million into electric truck startup Rivian with an eye toward electrifying its F-series (the bestselling trucks in Canada). And it’s why there’s a combined US$300 billion being invested by 29 global automakers into electric vehicles. Here in Canada, sales of new electric vehicles nearly doubled last year. In Norway, there were more electric cars sold than gas ones last month. One of the more pessimistic outlooks for electric cars, courtesy of ExxonMobil, sees the number of electric cars growing from two million to around 160 million in just 20 years. But perhaps, more than any factoid, what … [Read more...] about Will Conservative climate plan embrace electric cars?
By Alex Boutilier Ottawa Bureau Wed., May 1, 2019 OTTAWA—The opposition Conservatives maintain an edge over the governing Liberals among decided and leaning voters, according to the latest Forum Research poll. In the survey, which was conducted between April 23 and 24, 37 per cent of respondents said they’d support the Conservatives if an election were held that day. But Forum Research president Lorne Bozinoff said he’s seeing a “softening” of the Conservative vote in some key provinces, including British Columbia and Ontario. “The Liberals (in Ontario) are highly competitive ... I think the Tory vote has gone soft,” Bozinoff told the Star in an interview Tuesday. “I think there’s a possibility that reaction to some of (Premier Doug) Ford’s initiatives are starting to taint the federal Tories in Ontario.” Article Continued Below Only a third of respondents said they’d support the … [Read more...] about Conservatives maintain edge over Liberals in new poll
By Jeremy Nuttall Star Vancouver Tues., April 30, 2019 VANCOUVER—Standing at the counter of a coffee shop in Vancouver’s Commercial-Broadway Skytrain station, underneath a little Canadian flag, the leaders of the resistance bicker over who gets the honour of paying for their drinks. Louis Huang ends the standoff by shoving $5 into Gao Bingchen’s pocket and walking to their seats. They have bigger conflicts to discuss. Huang and Gao, both originally from Mainland China, are the founders of the 60-member Alliance Guard of Canadian Values. Since 2009, they’ve been trying to get Canadian governments to “be aware, really aware about the influence of the Chinese communist government in Canada,” Huang said. Gao doesn’t speak much English, so Huang does the talking. Gao sits quietly next to him, checking his phone and waiting for brief translations of what is being said. Huang says the Canadian political class just … [Read more...] about This is the resistance to China’s influence in Canada, and this is their moment
By Alex Boutilier Ottawa Bureau Mon., April 29, 2019 OTTAWA—The federal Conservative party has yet to decide whether it will remain committed to the climate-change targets set out in the Paris Agreement, the Star has learned. Conservative Leader Andrew Scheer was expected to reveal the party’s climate change and environment policy last week, but delayed that announcement to potentially as late as June. It remains an open question within the party whether or not the plan will commit a future Conservative government to the targets set out in the Paris Accord, an ambitious international agreement aimed at limiting global warming. In a statement, Scheer’s office said the policy is in “its final stages” and that they will “always be open to new ideas” to fight climate change. When asked if that policy would be based on a commitment to the Paris targets, Scheer’s office said only that their environmental plan will lower … [Read more...] about Federal Conservatives undecided on Paris Agreement climate-change targets