The Conservative party.

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The US Republicans brought the Conservatives into Canada in 1906 in southern Alberta, Cardston. The LDS church was the vehicle. It was at this time and still is a religious minority who is running the party.

They control our education systems and generally desegregate them. Kids struggle to get to grade 12 then discover another 2 years of grade school ahead of them if they wanted to go to University.

They have a US orientation in most things. This means any contests that come up between the US and Canada are by default given to the US. The Conservatives and the US republicans remain in close contact.

When elected into Government they are artists in downloading costs to the provinces who in turn download costs to the cities and towns where the cost is covered in local tax increases.

All this time they are saying they are curbing spending by the previous government.

They do not involve themselves in getting new foreign trade and many times destroy connections which were set up by a previous government!

Stay away from religious minorities! Stay clear of the @Conservatives.

What do you risk in a Conservative vote?

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What are you risking with a frivolous vote for the Federal Conservatives? O’Toole won the leadership by courting the extreme right-wing.  He was very proud of this.  Who then, is the extreme right-wing?

That would be Christian fundamentalists that would be the same group as the Alberta UCP!  At risk is our public health care; make no mistake about it!  Woman’s rights will become a thing of the past! Funding for Universities will be further curtailed!  Only the very rich will be able to afford a secondary education!  Our immigrants will be from the USA, WASP, or foreign degrees. All of the reasons it is less expensive.  You lived through this in the Ralph Klein Years. You have Conservative Governments in 8 out of 10 provinces! Our very constitution is at risk!

What are you risking with a frivolous vote for the Federal Conservatives? O’Toole won the leadership by courting the extreme right-wing.  He was very proud of this.  Who then is the extreme right-wing?

That would be Christian fundamentalists that would be the same group as the Alberta UCP!  At risk is our public health care; make no mistake about it!  Woman’s rights will become a thing of the past! Funding for Universities will be further curtailed!  Only the very rich will be able to afford a secondary education!  Our immigrants will be from the USA, WASP, or foreign degrees. All of the reasons it is less expensive.  You lived through this in the Ralph Klein Years. You have Conservative Governments in 8 out of 10 provinces! Our very constitution is at risk!

Leave the Liberals in place until we reduce the number of Conservatives in provinces! They only took office with the help of Bell Media and thier 200 newspapers workiing overtime.

Funding set aside for daycare will be withdrawn and a suitable story attached to it.  

Remember, Scheer was turfed out by them because he “missed an empty net.” They intended to re-write the constitution.  They are again in that position.  And I will guarantee you it is front and center on O’Toole’s mind.

Funding set aside for daycare will be withdrawn and a suitable story attached to it.  

Under Scheer’s attempt at re writing our constitution, the Conservative Facebook was alive with speculation on the matter. This time under O’Toole there is not a whisper.

Conservatives do not have a climate change plan nor, do they want one!

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The Conservatives when faced with an environment problem, will write a new set of laws to cover whatever situation they happen to have. Then, they will fire the staff or most of the staff who were to answer phones or enforce laws.
Then, when taking complaints from the public, will parade out this crisp new set of laws saying “look what we did!” and “this proves it is not our fault” Not only is this done on environmental issues it is done any time the need arises.

G5, Huawei and Bell Media

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 G5 network is so named because it works on the 1MM wavelength.  Has an ability to go through most things but can only cover distances by repeaters.   It hooks up your cell phone to your desktop, your thermostat and your camera. Plus your vehicle. 

It doesn’t matter which system you choose as far as technology is concerned.  Bell Media is in charge of post media and our IP providers.  Brought into Canada by Stephen Harper on his promise to “change Canada so we would never recognize it” 


This vertical arrangement of Media ensures the Conservatives get favourable coverage and the Liberals get a bent version of whatever is going on.  However, I can tell you this, If you have a secret, keep it in a notebook, not on your phone or computer. 


High-band 5G, or millimetre-wave, is the really new stuff. So far, this is mostly airwaves in the 20-100GHz range. These airwaves haven’t been used for consumer applications before. They’re very short range; our tests have shown about 800-foot distances from towers. But there are vast amounts of unused spectrum up there, which means very fast speeds using up to 800MHz at a time. 


O’Tool, is a Conservative, put into office by the far-Right, (Harper’s crew and the US Republicans)  He is presently telling the Government to get rid of  G5,  Huawei in his move to protect US industry which, is his first choice in any case, why Canada always looses when dealing with the Conservatives. 


Bottom line is Bell Media engineered Conservative sweeps provincially.  Huawei, however, has been working in BC for  10 years and, no record of any problems anywhere and they enjoy the same service we do!

Since this post went up, Bell Media started to claim the Chinese Tech was stolen from Nortel! A change of pace?

Canadian Political History

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As a one time Conservative Riding secretary and of an age greater than 95% of Canadians I offer this glimpse into our past.

The Liberals built Canada with little interruption to their base until 1909 to 1937 in which case the American Republicans working through the Mormon Church, helped them establish “The United Farmers of Alberta”  This party morphed itself into the Veterans and Active force, 1944 to 1948, again the US Republicans were fully involved.

This morphed into the Conservatives which found a hard landing after Diefenbaker and the Avro-Arrow. (You now know the reason Diefenbaker scrapped the Arrow in Canada allowing the US to take up the design and ordered the only prototype of the Aero destroyed.) and, Harper sold off the Canadian Wheat Board to US interest in leaving office.  

They again morphed into the Progressive Conservatives. This party was started by Peter Lougheed and company.  Peter broke away from the Republicans, in fact, took on US oil interests in Alberta in the much-maligned NATIONAL ENERGY PROGRAM.  Peter became the most popular Premier not only of Alberta but, all of Canada.   

A world recession stepped in and interest rates went to 25%.  Families invested in oil lost homes and there were a number of suicides  With no internet, those with the money ruled the press!  This was all blamed onto The NEP which was destroyed! It did move Candian ownership from 5% to 15%.

When Klein took over he doubled down with the US Republicans.  All this happening while the Wild Rose Party kept the original foundation going with the Church.  Now we had two political parties which could appear as opposition, one extreme and one tame by comparison.  Doing what they do best, playing both ends against the middle.

Notably, Klein started the bleed on the Heritage Savings and Trust by freezing the fund at 5% profit taking all above into General Revenue to support his 10% flat tax.  The loss to Albertans 760 billion dollars most of which went directly back to US parent companies.  Norway over the same period banked over 1 trillion dollars with just half the production of Alberta!

Klein also ushered in the Energy East plan.  At one point he was going to continue with Lougheed’s plan of building a Refinery in Edmonton,  Then, Shell oil suggested it would be better for everyone if they built pipelines to the Gulf Coast to their refineries.   West pipelines were never considered as Shell’s gulf refineries already had the market captured.

In a final analysis, I see the US is in a position to take over our country!  By putting in a Conservative Government again will facilitate the end of our Dairy Marketing board and any other institutions that may hinder this process.  Kenny is working to eliminate us from the CPP for no other reason than the division of Alberta from Canada.

For the record: Kenny and Harper were thrown out of every trade meeting they attended throwing the advantage to the US.  No one could be this unlucky!

More recently,  

#Bill  C69  It allowed Harper to become a dictator in his own mind. Any conflict with a native group could be set aside by the Minister in charge. In action, it caused endless delays in the West coast pipeline.  C69 did away with two pieces of Harper/Kenny legislation National Energy Board Act: Replaced. Shipping off the west coast it will cut deeply into their markets in Indochina and China and, they will not be able to use their oil supply on or off as a bargaining chip!

Secondly: Canadian Navigable Waters Act; was changed by Harper/Kenny to a free-for-all. One outstanding item is the BC dam on the Peace River. A navigable river the dam was built and was criticized for not being able to produce enough electricity to pay for itself. It was however built to create a sump in the Peace River is suitable for drawing large amounts of water out of. 2/3 of the flow of the Peace River!! This is the #Weatherford Project. So named after the company who designed and specked it.

Weatherford is immensely designed to move 2/3rds of the flow of the Peace River to the US border. If Conservatives build this Canadian’s will pay for the build so the US can get cheap water.

Canadian Business

John Clark

This is a critical time for Canadian Business!  You have centered your pollical thinking on which party promises the best plan for growth coupled with which party will give you the best tax deal.

All these ideals have merit but you look over the fact the Conservatives have kept Canadians on the string as haulers of water and hewers of wood for all of your lifetime!

If you finance them again you will be on track to repeat our past! It is no accident Scheer’s cure for everything is “give them what they want” when dealing with the US.

Soon enough we will be facing bulk water export to the US.  Targeted is the Mighty Peace River.  There is a fully engineered plan called “the Weaterford Project” after the engineering company.   This is to move 2/3rds of the flow of the Peace River to Southern Alberta and the US!  This is what the BC dam is all about; a sump to draw the water from.  At 1100 MW it cannot pay for it’s self.

If the Conservatives build this, Canadians will pay for the pipeline and the US will get really cheap water.  Our overhead will go up and theirs, down.

The point is, there is no saving for you voting Conservative.  You have lost access to the world trade, we are now rebuilding after the Harper-Kenny fiasco.  Your opportunities for business will shrink.

Harper brought in Bell Media to control our IP and printed news.  They used this to curtail any negative comment in the east about the Conservatives and, this may well result in the eastern Conservatives seats being set aside until a fresh, open vote can be taken.

Some more Canadian History.

John Clark2 Comments

Canadian Society of Equity, a farmer’s organization Joined the Alberta’s farmers association to become the United Farmers of Alberta in 1909.

The American Society of Equity from which was established in Indianapolis by J.A. Everitt, its founder.

This was a western Canada Union movement to overcome the very low wages paid to farm workers.

The document finished: Sir Wilfred Laurier saw in that procession (union march in the hall) the beginning of a movement that had quite and effect on the fortunes of his party, (Liberal)which at that time appeared to be almost invincible, especially in the West.

A name change was made this same meeting from “American” to “Canadian”
Amalgamation came with their first Convention in Calgary Jan 31st 1906.  They ordered 1000 copies of the new constitution in German as was represented in the West’s population at that time.

It was at this meeting Southern Alberta and the LDS showed up and became a force.

The Farmers of Alberta United Jan 20th 1909.

An oldie but, all the forces are still intact.

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Labels: Conservatives and sedition

WEDNESDAY, JULY 04, 2018

The Conservatives score with Harper.

This post is courtesy of IPolitic  

I’m aware of Trudeau’s failings, but he’s a piker compared to the nightmare that was Harper. There’s way, way, too much to list from those awful years. Here’s a small sampling: (very small)

~ Against court order, refusal to share budget Info.
~ Conservative Cabinet Staffers Granted Immunity from Testimony
~ Conservatives Falsify Reports and Documents
~ Repeated Duplicity on Costing of F-35 Fighter Jets
~ Harper Minister Lies, Blames Statistics Canada for Killing Long Form Census
~ Conservatives Engage in Abuse of Process with Omnibus Bills on a scale never before seen.
~ Conservatives Engage in Abuse of Process with parliamentary committees. Top Conservatives prepared a handbook instructing Conservative committee chairpersons on how to obstruct and sabotage proceedings.
~ Access to Information System Impeded
~ Loyalty Oaths Imposed on Public Servants
~ Suppression of Research
~ Like Never Before, Limits Placed on Media Access
~ Conservatives Block Accreditation for Opposition MPs
~ Clampdown on Freedom of Speech of Diplomatic Corps
~ Aquatic Science Libraries are Decimated for no reason other than to destroy valuable environmental information.
~ Illegitimate Prorogation of Parliament, Twice
~ Undue Interference with Independent Agencies
~ Billions Borrowed without Parliament’s Permission
~ Lapdogs Appointed as Watchdogs
~ Undermining Statistics Canada, Killing Data
~ Government Muzzles Science Community
~ Cons’ Elections Bill Strips Power from Elections Canada
~ Harper Minister Smears Head of Elections Canada
~ Conservative Convicted on Robocalls Scam
~ Harper undercuts EC and tries to suppress vote with unfair elections act.

~ Conservative Bill Rewrites History to Protect Mounties from Potential Criminal Charges~ Harper Government Sued by Justice Department Whistleblower~ Time and again the Harper government proposed bills that ended up being shot down by the courts, prompting critics to say such legislation was more about making political statements than lasting policy.~ Tactic Borrowed from North Korea.

Ostensibly neutral public servants were used as stooges, falsely posing as new citizens in a staged Citizenship Renewal public relations exercise by the Immigration Department~ UN Blasted Canada’s Treatment of Immigrants. Changes made to Canada’s immigration and refugee system under Harper were investigated by the United Nations Human Rights Committee, whose report blasted how thousands of migrants were detained indefinitely without due process, many for over a year or more, as well as poor mental health support for those incarcerated.~ The ‘Harper Government’ Labelling Deception. Public servants were told to use “Harper Government” instead of “Government of Canada” in publicity releases. The Conservatives denied it was happening — until internal memos revealed by the Canadian Press revealed the denial to be without basis.~ Conservatives Place Party Logos on Government of Canada Cheques~ Record Amounts of Partisan Political Advertising, on the Public Purse~ Conservatives Stack Their Own Ridings with Infrastructure Funds~ Revenue Canada set loose to Attack Charities that weren’t ideologically in line with Harper’s beliefs, including environmental, animal welfare, etc…~ Conservatives Use Unheard of Tactic to Force through Anti-Union Bill~ Harper Smears Liberal Sikh MP, Insinuating Tie to Terrorism. He was completely wrong yet wouldn’t apologize.~ Citizens Ejected from Conservative Rallies simply because they weren’t screened and vetted beforehand as being Conservative party members. If they were spotted, they were gone. Unbelievably, during election campaigns.~ Conservatives Make Campaign Event Attendees Sign Gag Order

Conservatives “fixing” a problem they “engineered”

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For years under a #Conservative Dominance, they managed to reduce royalty almost on a daily schedule.

@Ron Liepert took the mike and told the world that “as of today, we will not be collecting any more royalty, that, right folks zero royalty”

So the years have passed and multi-billions of dollars were forgiven to royalty. Until I posted much like this scenario on #Linked In which case, Shell wrote Alberta a Cheque for 75 million dollars which Kenny ploughed most back into the production industry in Alberta. I don’t know what happened in Saskatchewan but I would guess, much the same scenario.

This is standard fare for Conservative Governments. They make money for no one other than their insiders.

Alberta Liberals have a history of deceit. (Some (History and additional facts)

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(additional Info)

Alberta’s first provincial election was called for November 9, 1905, with A.C. Rutherford’s Liberal Party winning 23 of the 25 seats. On March 15, 1906, Lieutenant Governor George Bulyea addressed a crowd of 4,000 at Edmonton’s Thistle Curling Rink, officially beginning Alberta’s first session of the Legislative Assembly. As part of the business for the day, Charles Fisher, MLA for Cochrane, was elected Speaker.

Soon after the election, Arthur Sifton resigned to become a Member of the Union Government in Ottawa, and Charles Stewart took over the leadership of the Liberal Party. Falling grain prices and the inability to finance all the proposed irrigation projects in southern Alberta resulted in waning support for the Liberals. By 1921, farmers were looking for someone who would better represent their interests.  #Sounds a lot like what is going on today, doesn’t it?

Time moved forward a century and we come upon #Kevin Taft and his #wife who jointly ran the Liberal party in Alberta some say his wife ran it and he followed.  The Liberal party ended up with 700 million dollars in debt. During his last election, Stelmach was his opponent #Taft made a deal with the Devil!  #The 700  million in debt magically disappeared!  He threw the election by not putting any energy into the debate which would have secured him the Government. 

In return at the 11th hour, Taft appeared to try to change the agenda of the very popular lack of royalty debates into some nonsense that had nothing to do with the election.   The only companies in Alberta at that time who could put up that amount of coin were the #oil companies.  #It is safe to assume they sold their soul at that point in time.

The Alberta NDP gained rapidly in popularity.  So much so that it is apparent now that it caused the Conservatives to parachute Raj Sherman into the Alberta Liberals where he took over leadership which can only be seen now as pre-arranged.  The oil was busy setting up the Wild Rose Party and the Alberta Party simultaneously.  #Wild rose was to play the #ugly sister to #Redford thereby securing the Conservative Government and giving false hope for change to a #frustrated and #largely uninformed #Albertan.  #The Alberta Party was to split the vote on the left #making sure there was no chance for an anti-Conservative Government.  Will they evolve, stand on their own two feet and join with the NDP?  Time will tell.

Now, mostly due to my efforts I’m ashamed to say, the #Liberals were in a position the pick up the #new votes in Alberta, possibly putting them into Government instead of a comfortable opposition for the Conservatives.

So at the 11th hour, supposedly too late to change anything, Raj did his swan song leaving the Liberals leaderless and his riding wins immediately fall away to the #Federal Liberals.  I have to wonder if #Trudeau knows what he is getting in bed with!  

#Blakeman is coasting with her head down.  I’m suggesting she is a #wasted vote.  If she is really true to her ideals she will join the #Alberta NDP.  The #Liberal manipulations go way beyond what trust can handle.  It’s really too late for them now.

We #compare Alberta to Norway.  Norway has hundreds of billions in the Bank and is Europe’s Bankers  Every cent of this money was put there by #Socialist Governments. Not the marching boots the Conservatives would have you believe.

They promise and deliver a university education to their adults; for free.  That is socialism!  Having the smartest population in Europe, they turn out 70% of their population for every vote!  They keep their #Governments Honest.

#Ahead of us we have the bulk export of water to the US.  With the Conservatives, as with the oil #you will pay for all the construction and the companies holding the export permits (royal bank example) will pick up the profits. You won’t be able to live here because you can’t afford it.  Alberta already has the largest percentage of working poor in Canada!   You can change this with a vote!

Vote rules have changed to favour the Conservatives
Make sure you are on a voters list then, your life depends on it, vote!
And, if you want a change for the better; vote NDP!

Some History:
Email sent to the Alberta Liberals 3/20/2013
Subject Not so small crisis! Personal attention of Raj Sherman.

Message:

When Mr. Taft deliberately threw that election with 3 days left to go; the Alberta Liberals were some 700 thousand dollars in debt.   After he threw the election you were debt-free.

It doesn’t take a genius to point out you were bought off by the oil people!

It has now crossed my mind that It is your party, as much as the Alberta Party who are in place to split the vote to the left.

Now, If I am wrong please tell me.  Your actions or non-actions would show that I am very correct in this
No response given

Our inflation is at 3.5%, not the 7.5% published,

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I put up a post on #Linked-In stating Alberta was paying oil to take the oil from our province.

Shell oil responded by giving Alberta 75 million dollars! Kenny, the Conservative shark in Alberta took the 75 million and turned it over to local producers to use as operating money.

The oil/gasoline portion of the 7.5% is 4.00% leaving our actual inflation at 3.5% not, 7.5%

Kenny has since resigned.

This was a product of years of Conservative Governments in Alberta! I recall #Ron Liepert telling Albertans “as of today, we will not be collecting any royalty at all” The higher percentage is an invention of the Conservatives. In fact it is a market price correction that won’t be going away.

If you are inclined to vote Conservative, know what they are about.

Kenney makes a bid for the next election.

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Kenny has set about buying his next election! Don’t be fooled.

Kenney has put in his election financial package. Health care took a hit with the door open to private health care! The high increase in oil price came after I put a blog up on Linked In pointing out we were actually paying the oil companies for taking our oil. So, after 10 years of getting nothing, paying the oil companies to bring our oil, Kenney puts on a cheap flashy plan but no mention of royalties. So long as there are high oil prices he will dole out money like it was a favour.

There is still no royalty structure so money is handed out as a personal favour by the UCP.

Carving off 1.5 million for a Red Deer hospital, came as an outright move to buy votes and, it didn’t make a dent in revenue on the oil prices. don’t make a small dent in the amount of profit the province will make.

One way or another the surplus revenue will be given to the oil companies!

The Weatherford Project revisited.

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THURSDAY, JANUARY 15, 2015

Weatherford Project detailed.

First Published SUNDAY, APRIL 01, 2012  
Weatherford Project was the start of a gigantic transfer of water to the US. The whole program is adequately explained here: NAWAPA  (Credit to Richard Weatherhill)
https://www.youtube.com/watch?v=ERq86OlS-_k  This video is a US concept shown in its best light bought into wholeheartedly by the Harper and Prentice Conservatives.
The *Conservative Government has a fully mechanically engineered project sitting on their shelf from the 1980s.  It is as valid today as when it was paid for. Harper has removed the Navigable water protection from the River making it all possible.  It’s in play now!
This is the Weatherford project, the design being to move up to 2/3rds of the flow of the Peace River into the USA! 
#The project has 8 large electrical lift stations in it, each one using the power of a large city.  This is immense and under a Conservative Government taxpayers will pay for the infrastructure and private companies will take home the profits.
Under a “good” Liberal Government the price of construction would be carried by those who need the water, not those who supply it.  Think here of our present electricity debacle!
The government’s direction will be handled by private industry and paid for by the Alberta Taxpayers.
For those of you in southern Alberta; the St. Mary’s system and involved in the Western Irrigation District; Did you sign up for this?  Many of you were kicked off the board while others with cash were able to buy rock piles so they could claim adjoining property thereby being put on the board.
Mike Cardinal reworked the Western Irrigation board while he was selling off Crown Grazing Lands on the East Slope of the Rockies to the Agra Food Industry.  Rules of water ownership run First in Line, First in Time and these properties are where all of our groundwater used for drinking originates!

Sending the Peace River to the USA!

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Sending the Peace River to the USA!

Weatherford Project detailed.

First Published SUNDAY, APRIL 01, 2012 
Weatherford Project was the start of a gigantic transfer of water to the US. The whole program is adequately explained here: NAWAPA (Credit to Richard Weatherhill)

https://lnkd.in/gEmpKZiX This video is a US concept shown in its best light bought into wholeheartedly by the Harper and Prentice Conservatives. (This is the US view of what they want) and what they are looking for now.

The *Conservative Government has a fully mechanically engineered project sitting on their shelf from the 1980s. It is as valid today as when it was paid for. Harper has removed the Navigable water protection from the River making it all possible.  It’s in play now! Trudeau killed the move.

This is the Weatherford project, the design being to move up to 2/3rds of the flow of the Peace River into the USA! 

The project has 8 large electrical lift stations in it, each one using the power of a large city. This is immense and under a Conservative Government taxpayers will pay for the infrastructure and private companies will take home the profits.

Under a “good” Liberal Government the price of construction would be carried by those who need the water, not those who supply it. Think here of our present electricity debacle!

The government’s direction will be handled by private industry and paid for by the Alberta Taxpayers.

For those of you in southern Alberta; the St. Mary’s system and involved in the Western Irrigation District; Did you sign up for this? Many of you were kicked off the board while others with cash were able to buy rock piles so they could claim adjoining property thereby being put on the board.

Mike Cardinal reworked the Western Irrigation board while he was selling off Crown Grazing Lands on the East Slope of the Rockies to the Agra Food Industry. Rules of water ownership run First in Line, First in Time and these properties are where all of our groundwater used for drinking originates!  

When a River drops to 1/3 of its flow it goes stagnant, the river dies. Kenny is okay with this as is a long list of Conservatives before him. They all plan to serve the US water needs at Canada’s expense!

The US has announced it will build a rail from our North Coast to the US to move oil. Why would they do this when they are oil self-sufficient.  I think rail is to move The Peace River by rail into the USA Tour of NAWAPAA Tour of NAWAPAyoutube.com

Politics not to blame for inflation: former Bank of Canada governor

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© Provided by Global News Former Bank of Canada governor Stephen Poloz speaks in Toronto on Thursday, March 5, 2020. Statistics Canada is scheduled to release its latest reading on the country’s job market this morning. THE CANADIAN PRESS/Chris Young

With inflation becoming a regularly politicized topic as debates over the cost of breakfasts rule the day, the former Bank of Canada (BoC) governor says there can’t be anyone on the political spectrum who deserves blame.

Speaking to Global News’ Abigail Bimman on The West Block regarding the upcoming fiscal update, Stephen Poloz, now a special adviser at Osler and former governor of the BoC, said that Canada’s ability to navigate the pandemic with results that weren’t far more drastic economically should be commended.

“Aren’t we lucky that the policies worked well to prevent the second Great Depression, which is what many economists were worried about when we first encountered the COVID-19 shock,” Poloz said.

Read more:

Liberals under pressure to balance budget and policy ask in fiscal update

However, he added that while Canada chartered a path towards recovery amid concerns of deflation with debt that could’ve potentially caused a depression, now is time to continue focusing on growth.

“People want to be reassured that the fiscal plan is a sustainable one,” said Poloz. Given the rising costs Canadians are facing, they’re going to want to see a plan that will ease tensions, he added.

What a changing climate means for the future of olive oil

Click to expand

Finance Minister Chrystia Freeland’s fiscal update is set to be similar to those that were released following the 2015 and 2019 elections, according to Reuters. The update is expected to touch on COVID-19 support for businesses and continue to chart a path for recovery during the pandemic.

“[A plan] that perhaps begins the [economic] return to a place where we’ll know we’ll have some room to maneuver should another big shock occur,” Poloz said.

Read more:

Bank of Canada holds key rate, warns high inflation to persist into 2022

Poloz mentioned that he, along with other Canadians, will be looking to see where the deficit in the debt plan fits in if there will be new taxes that could hamper economic growth and what will happen to internal trade barriers between provinces. He added that one temporary increase he would look to that would not slow growth, but rather support the Canadian economy, is an increase in sales tax.

What could slow growth, he said, was if there are more lockdowns due to further complications with the COVID-19 pandemic as new variants emerge.

“My sense is that economic growth, once we’re past the bust and recovery of the COVID shock, the trend rate of growth of the economy is actually going to be fairly modest,” he said.

According to the BoC, inflation, as measured by the consumer price index, has been higher than the Bank’s 2.0 percent target. The BoC said that supply constraints have affected the price of goods with inflation in 2021 hitting 4.4 percent. The steep rise in inflation in one year is unprecedented given the data from before the pandemic, where during a span of 20 years, it only averaged 1.4 percent.

Poloz said that inflation is often a slow-moving process over several years, but the sharp rise in costs is an indicator that it is likely coming from “temporary factors.”

According to the Bank of Canada website, the steep inflation increase has been due to “strong demand combined with disruptions in supply” leading to “higher costs for businesses and higher prices for consumers.”

Video: Consumer Matters: Big increase predicted for food prices in 2022

On Dec. 9, the BoC’s deputy governor Toni Gravelle in a speech said the central bank remains “resolute in its commitment to keep inflation under control” in Canada.

With Canadians paying more at the grocery store now than a year ago, Poloz mentioned that any measures used to curb inflation need to be well thought out, as we don’t know the extent of what is happening.

Read more:

Bank of Canada sees no clear end to supply chain issues

“We’re in the zone now where fine judgments have to take place,” he said. “We won’t know really what inflation is for about another six or nine months.”

Since the pandemic began in March 2020, the BoC has kept the key interest rate at 0.25 percent, and announced recently they will maintain that price. However, they have signalled potential increases in 2022.

Poloz said that with the Canadian economy trending in the right direction and “mostly back to normal,” raising the key benchmark rate is something that should be considered, albeit not right away.

“It is time for everything to normalize — prices, interest rates, all those things,” said Poloz. “It’s no longer necessary to have really, really low-interest rates.”

Poloz added that the data that comes out regarding inflation and the continued COVD-19 economic recovery should serve as the driving points to where the key benchmark rate will end up.

From <https://www.msn.com/en-ca/news/canada/politics-not-to-blame-for-inflation-former-bank-of-canada-governor/ar-AARJM4f?ocid=msedgdhp>