- Hi-Ho, Hi-Ho, It's Off To Alberta We Go

- Harper's Economic Policies are Great, If You Live In Alberta -

Submitted: 6:55am, PDT, 30 Jun.'10 CBC News

Canada's economy cools in April, Bucks trend of 7 consecutive increases, June 30, 2010, CBC News
http://www.cbc.ca/money/story/2010/06/30/april-gdp-canada.html

"'It looks like the growth sprint has ended, at least for now,' said BMO economist Doug Porter, who was expecting a flat showing on the month."

BMO is saying a lot more than this.

On 10 June I posted to cicblog:

Also, is it any real co-incidence that right after the meeting of the Finance Ministers in South Korea on the weekend the Bank of Montreal on 8 June sent out an advisory to certain clients:
"Go to Cash – In Plain English

Summary
We advocate switching out of equity positions and going to cash. . . ."
(see: scribd.com/doc/32708043/Go-To-Cash)

But as long as the oil and gas industry is doing ok, what does it matter if manufacturing and tourism are declining. Nothing if you live in Alberta and are the epi-centre that props up the Harper government.

For people living in Ontario it may not be so good. And, if you are living in Toronto, perhaps the only hope you will have of attracting tourists is hold another G20.

If anyone was wondering the real reason Harper had the G20 moved to Toronto, we can now clearly see. Prentice would surely get the boot in the next election had this happened in his riding. Toronto doesn't vote Con anyway so what Con cares. To add injury to injury, apparently Harper and the Con's are refusing to cover the damage (which the individual owners explain this type of damage is not normally covered by insurance).

Harper, here's a suggestion, next time instead of wasting money on a fake lake, build a fake downtown Toronto to hold the G20 meeting in.

Lloyd MacILquham cicblog