A perfect storm in Toronto and Vancouver housing markets, “a mixture of rising home prices, foreign money laundering, and an unregulated sub-prime lending system most Canadians don’t even know exists.”
When fortunate people cannot afford a low rung on the property ladder, the situation must change. Christy Clark and Rich Coleman may regularly shake hands with the province’s most wealthy residents but, the ground upon which they stand has grown dangerously unstable.
Locking BC Hydro into decades-long contracts (as much as 60 years) was a colossal mistake that ignored the likelihood of technological change. The cost of utility scale solar and wind power has dropped dramatically in recent years. As a result, BC Hydro will be paying tens of billions of dollars extra to private producers enjoying inflation protected prices far higher than alternative options.
Christy Clark, 2011 edition: ” I think what British Columbians, and BC Liberals want from government now is not a leader who can grant access to people who already have a lot of access . . “
The applicants do not need money or experience, they simply need political influence with BC Liberals. The energy purchase agreement provided by BC Hydro removes substantially all business risk and the favoured recipients take the project to money brokers who readily fund it because the creditworthiness of British Columbia stands behind each EPA. This would be like you and I buying a house we intend to rent to government through a 40 year lease at double or triple market rates, with payments escalating to protect against inflation, guaranteed by taxpayers of British Columbia….
Usually devoid of meaningful arguments and information, most articles on British Columbia politics take but a moment to read. This Martyn Brown piece is entirely different. It is superior to a month’s worth of commissioned articles and press release rewrites from members of the Legislative Press Gallery. It is written by a man who spent years at the heart of Gordon Campbell’s Liberal Governments and he knows the current players well…
Alex Tsakumis reported that Christy Clark and her backers orchestrated a virtual coup d’état, seizing control of the BC Liberal Party, sabotaging the leadership contest with phantom voters. Tsakumis also questioned her truthfulness about the relationship with would-be political assassin Jaspal Singh Atwal¹ and Tsakumis reported that she was “a person of interest” — thought to be leaking confidential information to friends — in the RCMP’s investigation of the BC Rail sale, until police management shut down examination of senior BC Liberals. Premier Photo-Op long ago went beyond stretching the truth and exaggerating. She grew accustomed to wilful and conscious lying and now relies on a continuous stream of falsehoods to promote herself and the government she leads. The corporate media assists by ignoring fabrications, even when they are readily apparent.
Ian Jessop asked me about Premier Clark giving $150,000 in public funds to assist her brother’s associate in Haida Gwaii. It’s a subject that has been well covered by fellow bloggers Laila Yuile and Merv Adey. However, with the exception of Mark Hume at the Globe and Mail, it’s been of little interest to mainstream media, particularly the “Incurious Bastards”¹ of the BC press gallery. It may be a rewarding career move for a political pundit to serve plutocrats instead of readership but that’s a conscious choice that doesn’t offend some who once thought of themselves as journalists. Shannon Rupp, writing at The Tyee recently, delivered a pointed analysis of the 21st century press in our country: I think it’s fair to say that many if not most so-called newspapers are misnamed: they deliver less and less news (as defined by journalists) while filling their pages with ”content” — a word that could mean anything from listicles to infotainment to advertising written to masquerade as a news story. In short, most newspapers have morphed into marketing platforms.
An old expression says, “You scratch my back and I’ll scratch yours.” The maxim doesn’t require rewards for scratching be equal and, often, they are not.
According to Elections BC, AltaGas Ltd. and associates contributed a little more than $70,000 to the BC Liberals. It’s been money well spent… At $110,000 per GWh, AltaGas’ revenue from BC Hydro would be worth $143 million in 2016…
Andrew MacLeod of The Tyee spoke to Premier Clark in December 2012. This is part of their conversation: The Tyee: I have a detail question for you. Gordon Campbell while he was […]
…In broader terms, Holm emphasized, “The land to be flooded by Site C is capable of producing high-yielding fresh fruits and vegetables for over a million people.”
…Much like the Liberal Government did to the BC Utilities Commission – barring the public’s independent energy watchdog from reviewing the economics and need for Site C – it has also stripped the Agricultural Land Commission (ALC) of its lawful oversight of the biggest potential land removal in its history.
…Beneath the 15,000-page reports, the political shenanigans with the review process, and all the rhetoric about economic development lies a simple truth: Last year, BC generated about 110% as much electricity as it needed, but produced, at most, 48% of the food it consumed. In other words, while we have plenty of electricity to power our homes and businesses well into the future, the same thing cannot be said about our food security…
British Columbia’s government believes less in free enterprise than in assisted activities for approved associates. Entrepreneurs saw potential for a private power generation industry in the province but didn’t want to risk their own money. Instead, they arranged with the Liberal government for the public to accept all risks and guarantee substantial profits to the schemers…
Energy and Mines Minister Bill Bennett announced a five-year, $300 million hydro bill deferment plan for 13 mines owned by six companies.Never mind that B.C. Hydro is already grappling with its own deferral problems to the tune of $5 billion. Make no mistake, there’s a price to pay when B.C. Hydro becomes a political arm of government. The intertwining of self-interests gets complicated, while the interests of ratepayers can take a backseat to political interests. Three of the six companies in Bennett’s deal were highlighted in a December Financial Post article, “Debt risks mount as Canada’s base metal miners sink deep in the hole.”
After the Campbell Liberals were elected in 2001, influences of special business interests grew rapidly. Under Christina Clark’s leadership, non-renewable resource companies wield great political power and they use it to minimize […]
Prima facie may be used as an adjective meaning: “Sufficient to establish a fact or raise a presumption unless disproved or rebutted.” Listen to Dermod Travis of Integrity BC talking with Ian […]
The BC Liberals are using their most trusted media tools to once again smear victims who have, according to Adrian Dix, “been repeatedly exonerated” in the health ministry scandal. The Christy Clark […]
LEAKED: Script idea for the year long TV advertising blitz already begun by the BC Liberal Government. #bcpoli pic.twitter.com/zeUMn5ujg2 — Norm Farrell (@Norm_Farrell) February 26, 2016 //platform.twitter.com/widgets.js Heading should read “Dishonouring the […]
To me, the continuing LNG fantasy initiative qualifies as a Dead Pony Solution. It assumes there are only positive arguments to go forward regardless! This belligerent belief is presented by people who […]
Borrow money to pay a dividend that allows government to declare a fake surplus and pro-media applauds. #bcpoli https://t.co/W6PX7AMlb3 — Norm Farrell (@Norm_Farrell) February 17, 2016 //platform.twitter.com/widgets.js Today's debt by Premier's “singular […]
Rafe Mair distributes commentary through Rafe Mair Online, The Common Sense Canadian, The Tyee and other places. One of those is an email distribution list. I appreciate anything Rafe creates because it […]
One day after Kelowna Liberal MLA Ben Stewart resigned in 2013, unelected Christy Clark called a by-election so that she could seek election and continue as Premier. Weeks later, Stewart was rewarded […]