Our economy led all G7 countries
Dear editor: Re: “Rising rates and the perfect storm,” by Brett Millard (Daily Courier Jan. 24).
He may want to move his column off the business page to the political section, or maybe onto the funny pages. Anyone who relies on the slanted views of the Fraser Institute for information likely also uses Rebel Media as a source and this would explain your creation of misinformation.
Recent presentations and publications from the Business Council of B.C. and similar information from the independent non-partisan Canada West Foundation are very much at odds with Millard’s views on the state of the economy. The Canadian economy is doing very well, it led the G7 in performance last year — hard to beat that.
CPP is not under-funded, that was the previous government. Paying into a pension is clearly not a tax, I paid into a private-sector pension for years, not a tax but rather a good investment particularly given how long people are expected to live now and in the future.
The people negotiating NAFTA for Canada are top notch, with some minor changes this is the same team that concluded the EU trade deal last fall and the recently announced TPP trade deal. How can you claim that they are inexperienced?
Yes, there is public opposition to highpolluting resource-sector projects, in fact all major projects receive opposition of some sort, just the logical will of the people I guess. The principle of user-pay polluterpay in the carbon tax system is a sound approach, for me and many others in B.C. it is a net benefit. If the resource sector is Canada’s strongest and biggest economic generator and they are being mistreated as you suggest, how do you explain Canada’s stellar economic performance?
Like it or not, the captain of the ship gets the credit for what is happening in Canada’s strong economy and the same captain would take the heat if it was the opposite. Again, maybe you should relocate your column out of the business section. Not politically aligned, I remain.
Rick Evans West Kelowna