Throne of Games – the Speech

Most people have a healthy scepticism of politicians and their promises. As Nikita Khrushchev, the Soviet president in the 1950s, observed, “politicians are the same all over, they promise to build a bridge even when there’s no river.” So, to last Wednesday’s throne speech, either written or pre-approved by Justin Trudeau and delivered by the […]

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Old wine in old bottles

One can hardly call the Cabinet shuffle involving the departure of Bill Morneau and the promotion of Chrystia Freeland as heralding out with the old and in with the new. Despite alleged policy differences (Trudeau supposedly is a more profligate spender of government money than Morneau), it was more a question of Tweedledum and Tweedledee. […]

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Big Pharma, Big Price, Big Profits

The German playwright, Bertolt Brecht wrote in the 1930s that it is easier to rob by setting up a bank than by holding up one. If Brecht were alive today, he might want to revise the statement by substituting pharmaceutical company for bank. Using a measure called Return on Invested Capital (ROIC), research shows that […]

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Trudeau’s UN vanity failure

Over $2.3 million was the cost of Trudeau’s failed attempt to get Canada a seat on the UN Security Council. In the age of the pandemic with the billions of government dollars swirling around for different programs, $2.3 million may seem like a drop in the ocean. But it isn’t. For the middle class, so […]

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