Monday, February 6, 2012

The real Stephen Harper is slowly emerging

Ever since his speech in Switzerland  many have been talking about the real Stephen Harper and his so called 'hidden agenda'.  Rarely though are things ever black and white, and even more rare in the political realm. 

Talk of reducing public pensions, capping transfers for health care, opening up new avenues for the financial sector to provide private pensions...Are these just trial balloons or is Stephen Harper looking to move Canada sharply to the right?

Let's take a step back, because I don't think our current Prime Minister has changed, only his circumstances.  He has successfully started nudging Canada to the right over the past 5 or so years, anyone who refuses to acknowledge that is blind. 

Stephen Harper is both a Libertarian and a politician, and politics has to come first.  There are many fiscal  Conservatives who have been justifiably upset with the proliferate spending of the past few years.  But in reality Harper had no choice, not going into  major deficit after the last election but one would have meant losing power because he'd failed to garner a majority.  The only option was to push real reform onto the back burner in order to maintain power. 

Now he doesn't have that concern, but acting too radically could still have repercussions.  Imagine the uproar if the Canada Health Act were declared null and void, if OAS were wiped out completely, if the CPP was sold off to the private sector.  Obviously that would be political suicide, even for a Prime Minister with a majority mandate and four plus years to run.

Now to be clear, I'm not suggesting that this is what is on the agenda.  But at the same I don't discount the possibility.  With lower taxation leading to lower revenues, services  have to be reduced, that's simple economics.  There are arguments to be made for both bigger and smaller government, debate is a good thing.

Harper was both Vice President and President of the National Citizens Coalition, an organization founded to fight against the imposition of state run health care in this country.  If the Conservatives under Stephen Harper want to eventually eliminate government funded health care, then capping the amount they will pay just when costs are set to explode is a good plan. 

There is nothing inherently wrong with believing that health care would be better delivered by the private sector, differing opinions are the hallmark of a healthy democracy.  But suggesting as much during an election campaign, or as a matter of party policy, would be suicidal in today's environment.   But in another ten years, perhaps not.

Citizens expected to look after themselves without big brother government interfering and running everything, that's the debate I can see coming.  And at this point its hard to say which argument will hold sway with the electorate in another five to ten years. 

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Friday, February 3, 2012

Cup size confusion in Canada

Sorry guys, I'm not writing about A, B, C or DD...this is about Tim Hortons and the new sizes for their coffee cups. 

If you're a Timmies customer you've probably already found out that your large or medium coffee is bigger than it was before.  I'm in Kingston where they've been test marketing this change for the past few months, and now its been rolled out Canada wide. 

Tims has added a new bigger cup, and rather than calling it something appropriate like the bladder buster, they've changed the names of all their cup sizes.

The old small is now extra small, the medium is now small, the large is now medium, extra large is now just large and the bladder buster is the new extra large.

Confused yet? 

Like seriously, do you think anyone wants a couple of 'extra small' DDs?  Some might like small, but extra small?  Prices haven't changed, but you just know people who used to order the old mediums are now going to be buying the old large size until they get used to saying small....But who wants to order small, go big or go home. 

Any thoughts?


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Wednesday, February 1, 2012

CMA editorial advocates restricting reproductive choices

For those who missed it, ( I did) an editorial in the CMA Journal by that publication's editor in chief has caused quite a stir lately, as one  might well expect.  Any suggestion which advocates limiting or restricting choice on reproductive matters...well its just asking for trouble.

Dr. Kale, the author of the article, is advocating a ban on gender results from ultra sounds until 30 weeks to preclude gender based abortions. 

Run for cover Dr. Kale.  In Canada there are zero laws on the books concerning abortion, and if this nation's 'Pro-Choice' advocates have any say in the matter, that's exactly how things will remain. 

If a woman decides to terminate a pregnancy because the sex of the fetus isn't what is desired, in this country, that is her right.  Banning gender results until after 30 weeks would only serve to put women in peril, because abortions performed in the third trimester carry significant risks.  If the decision for an abortion is made, be it related to gender or any other factor, it is best that the procedure be performed earlier and not later.

You can read about the story:






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Monday, January 30, 2012

Report on housing prices says no need to panic....yet

Doesn't this sound like the chatter going on in the US back around 2007 before the balloon that was their housing market went BANG!!!

Like many I've been waiting for the bubble to burst, but continued low interest rates have largely kept real estate values afloat and now mortgage rates are at an all time low of 2.99%.  For those who worry more about monthly carrying costs than about over paying, this is providing a nudge into the market, so perhaps prices can hold on for a little while.

But watch out fot 2013 when Canada's sub prime mortgages come due. 

Remember those 40 year ams with zero down?  They started being offered in 2008 when the global economy just starting to slip off a cliff.  It did serve us well in the short term, bolstering our economy.  It won't be much longer though before we find out whether the cure was worse than the disease.

Homeowners who dove into an overvalued market with no skin in the game are going to be facing renewals with a shorter am and increased monthly costs. 

In the meantime you can watch "expert" opinion from the US talking about how fundamentals and demographics  were going to prevent the US housing market from collapsing.




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