The Canadian hired to save the world.

Prime Minister Stephen Harper, though, claimed bragging rights on the Riviera thanks to the naming of Mark Carney, the governor of the Bank of Canada, to head an increasingly powerful body called the Financial Stability Board. “His appointment,” Harper said, “is both a tribute to his personal qualities and a reflection on Canada’s superior performance in monetary, fiscal and financial-sector policy areas.”

Carney’s emergence as the international poster boy for everything admirable about the Canadian economy is among the more improbable stories of the Harper era in Ottawa.

ca.news.yahoo.com...

Not that Canada wasn't affected by the recession, but it didn't appear to be effected by the double-dip.

The housing market has only saw an increase of price over the last 2 years, as I've looked into purchasing one, + I am literally getting 1 call a week for a job from only posting my resume on Monster.ca (I'm in IT, incase anyone is asking) Banks are lending up here with lower interest rates (only 10%, rather than normal 19.5%) and food prices have only had a slight increase. Oil/Gas on the other hand has gone up, (even though we have 2nd largest reserves in the world), but that's affected by global markets.

Interesting read.

Canada wasn't affected by the recession? sadly i disagree with you there.

What? Re-read the OP. He never stated that. Thanks for the read OP.

reply to post by Agent_USA_Supporter


Compared to the rest of the G20 we did just fine with the recession. And this ass has the temerity to claim it was his actions that did it? It was Paul Martin's guidance of a decade ago that saved us from getting wallowed in the economic quagmire.

Originally posted by Ryanssuperman

What? Re-read the OP. He never stated that. Thanks for the read OP.

Thank you.


Maybe it's because we kept interest rates at 1.25%?

LOL

I LOVE Rick Mercer...

reply to post by intrepid


Martin however was otherwise useless and a terrible leader.
Mind you I would take just about anyone over Harper.

Good fortune to be living in Canada right now. Its a wonder that we were abel to keep our heads above water, considering how we're so closely aligned with US policy.

The oil sands and soft-wood lumber defiantly give us a unique edge.

Originally posted by Agent_USA_Supporter

Originally posted by CALGARIAN

Not that Canada wasn't affected by the recession, but it didn't appear to be effected by the double-dip.

Canada wasn't affected by the recession? sadly i disagree with you there.

I lol'd.

Originally posted by intrepid
reply to post by Agent_USA_Supporter

 

Compared to the rest of the G20 we did just fine with the recession. And this ass has the temerity to claim it was his actions that did it? It was Paul Martin's guidance of a decade ago that saved us from getting wallowed in the economic quagmire.

Paul Martin's guidance? what about jean chretien guidance? atleast under jean chretien Canada was a better to place to live and work.

Originally posted by ClydeFrog42
Good fortune to be living in Canada right now. Its a wonder that we were abel to keep our heads above water, considering how we're so closely aligned with US policy.

The oil sands and soft-wood lumber defiantly give us a unique edge.

Originally posted by Agent_USA_Supporter

Originally posted by CALGARIAN

Not that Canada wasn't affected by the recession, but it didn't appear to be effected by the double-dip.

Canada wasn't affected by the recession? sadly i disagree with you there.

I lol'd.

edit on 21-11-2011 by ClydeFrog42 because: (no reason given)

Well if your licing in Toronto You will be having a hard time to find job you wouldnt laughing then.

Originally posted by Agent_USA_Supporter

Paul Martin's guidance? what about jean chretien guidance? atleast under jean chretien Canada was a better to place to live and work.

Because Paul Martin was the finance minister under Chretien. Thus handled the economy.

reply to post by Agent_USA_Supporter


I am in toronto, I do have a job. and i would still lol, because you immediately started an argument that the OP had already addressed.

Haters gon' hate

Originally posted by ClydeFrog42
reply to post by Agent_USA_Supporter

 

I am in toronto, I do have a job. and i would still lol, because you immediately started an argument that the OP had already addressed.

Haters gon' hate

Your in toronto eh? i am in toronto aswell your lucky still to have a job, people who lost there jobs havent been so lucky.

I wonder just how much (or little) of the Harper government is behind this move for two reasons:

One... he backs OWS.

The Occupy Wall Street demonstrations and other expressions of frustration with the global economic and financial system highlight the need for policy makers to show they are serious about forcing change, Bank of Canada governor Mark Carney says.

In a television interview, Mr. Carney acknowledged that the movement is an understandable product of the ``increase in inequality’’ – particularly in the United States – that started with globalization and was thrust into sharp relief by the worst downturn since the Great Depression, which hit the less well-educated and blue-collar segments of the population hardest.

www.theglobeandmail.com...

Two: He was instrumental in taxing Income Trusts, which The Harper Government campaigned against.

Carney was a trusted economic adviser to Liberal finance minister Ralph Goodale and has seemingly earned the equal trust of Conservative finance minister Jim Flaherty.

He masterminded Canada’s $3.1-billion sale of its stake in Petro-Canada, which was viewed as extremely successful. He helped solve the problems in Canada’s asset-backed commercial paper market, persuading all six big banks to act together, including Toronto-Dominion Bank, which had never sold ABCP.

More controversially, he was behind Flaherty’s decision in 2006 to tax income trusts, creating a backlash among voters who had invested heavily in them after Stephen Harper campaigned on the promise he would not impose new taxes on them.

Carney has a reputation for being brilliant, hard-working, and at times harshly critical.

www.thestar.com...

No, I think this has more to do with his favourable methology to get to the root of the problems facing the global banking systems than anything which came out of the political landscape.

Besides... he prefers AC/DC and their all time big hit Hell's Bells.

What's not to like about the guy?

Isnt Mark Carney just another banker? bankers dont really about the economies, bankster dont go on saving the economy i think people are just jumping to early into conclusions that his going to save the economy?

reply to post by CALGARIAN

A criminal patting himself on the back for hiring another criminal to pretend everything is OK? Yeah, that works but only if 86.7 % of people can't think critically. Oh wait, they can't, so I guess it does work.

We have had a recession running in Canada for the last 3 years and it's only been getting worse. I am looking at getting the hell out of here (The Governments Socialist Republik of Canadakastan) again and going to Brazil. At least the criminals there don't try to hide the fact and if they are going to stab you, they do it head on, not in the back like Canada. I'm about 50, IT, Engineering and Physics, and I have worked for universities, colleges, think tanks, the government, the military and analytical engineering firms and I'm great with an R4, an 86B and all manner of small arms, with 30 plus solid years in the analytical/process engineering, SCADA, hardware/software development, network development and the R&D (weapons and alternative energy) business. I can't get a "normal" job (as in employed by some company) in Canada. Maybe my past with the military overseas scares people at these whoosy-ass politically correct "employers" HR departments, who knows? I am forced to operate as a consultant and run my own businesses and the work is drying up real fast.

I hate it when these clowns say it's not so bad or it's getting better. My son who graduated with honours in the graphics arts, CGI and animation field for movies and game development and can script in practically everything plus program in a few real languages, CAN"T GET A JOB IN HIS FIELD! HELLO! $60,000 and 4 years later on a pipe-dream based on the BS sold by the universities and colleges, that pump out this crap to snare young people and force them into the system of debt, or suck their parents dry, it's all good for the banksters and "trickle down economics," right?

NO, the economy and government SUCKS! The bankers SUCK! The system SUCKS! It's time for some real change, not that garbage the Harper zombie spews or the lies his buddy Obama spouts. Maybe those 13.3% of the people that can think critically will eventually be able to do something. It should be interesting to see the global battle between 15 to 20 million military and 850 million pissed off people.

This is Monopoly or the game of Empire if you will, be assured (in Monopoly anyway) we're all going to pass GO, won't collect the 200 bucks and go directly to GLOBAL DEPRESSION.

But cheer up, the worst is yet to come ;-)

Cheers - Dave

reply to post by bobs_uruncle


No you are absolutely right. Canada is no good for you, and you really should be getting back to Brazil as fast as possible.

I would not wait another second. I would leave now.

I look around Canada, and I can say that the recession has not really affected the majority of people. Businesses are still hiring, people are spending money. Take me for instance, I just purchased anew diesel 1 tonne truck. Cash.

Brazil is better, pls run along asap. Thanks for stopping in.

Cheers

Originally posted by lnfidel
reply to post by bobs_uruncle

 

No you are absolutely right. Canada is no good for you, and you really should be getting back to Brazil as fast as possible.

I would not wait another second. I would leave now.

I look around Canada, and I can say that the recession has not really affected the majority of people. Businesses are still hiring, people are spending money. Take me for instance, I just purchased anew diesel 1 tonne truck. Cash.

Brazil is better, pls run along asap. Thanks for stopping in.

Cheers

I think I said "I am looking at getting the hell out of here (The Governments Socialist Republik of Canadakastan) again and going to Brazil." Getting the hell out of here again, means I have done it before and Brazil, is to be my next destination. I've lived and worked all over, so I have an appreciation of how other countries work or don't in some cases. I have had this same discussion with MP's like Flaherty and MacTeague. I have intimate knowledge of the types of fraud and malfeasance that occur in this country to the tune of hundreds of millions of dollars which will never be made public, I think my Superior Court gag orders have something to do with that little problem. CSIS won't even give me an FOIA report on me, apparently it's a little too "sensitive" for the delicate tastes of Canadian mutton (not that everyone is like that, just most).

Anything to do with the Harper or the BOC/IMF shareholders cannot be good. What Harper is doing is paramount to having a thief protect our cash. But I guess that's OK if one gets a percentage back plus the "insurance" money, right?

I was born here a long time ago and have ancestors that go back 400 years. My point is that this country has been corrupted, you just can't see how badly right now, but you will. Harper is about to do something that will quite literally set us on the path that will destroy everything. I have two choices, one of which is to stay and the other, to leave for one place or another. Canada won't have a choice, you are going to see a lot more privatization and corporate lobbying, plus of course the changing of the laws again and again to suit the corporate class of thieves and international bankster criminals.

Like any country with a central reserve bank system controlled by the IMF, there will be corruption. It was there in Africa, in Australia, in Europe, in the US and it will be there in Brazil as well. But at least in Brazil, the system is a little less aged and not as well greased as it is in the other places I mentioned.

So you have fun with your diesel, especially when fuel goes to $12 a gallon or roughly $3 a liter. Personally, I would have purchased a vehicle that gets much better mileage per gallon. If you use the truck for business like contracting, it will be interesting to see how many people can actually afford a contractor to do anything in the not so distant future.

EDIT to add: You also realize of course that the Canadian government can only appoint governors to the BOC from an approved list supplied by the IMF, right? In a casino, the only way to win all the time is have knowledge and control of all the games being played. Follow the money, who wins all the time?

Cheers - Dave