A direct quote below from the Conference board of Canada(November 2009)
British Columbia’s economy is expected to decline by two per cent in 2009, but a recovery is expected to begin in the second half of the year. Real gross domestic product (GDP) is forecast to grow by 4.2 per cent in 2010, due to a comeback in the construction sector, recoveries in forestry and manufacturing, and hosting the Winter Olympic Games.
I wonder if Pat Bell and the conference board of Canada missed this story here
Because .........It never amazes me, the Conference board of Canada was talking up B.C. in their forecast, you see what they say above....I can tell you for fact they can`t give rooms away at Whistler......May and June have been brutal for housing sales, but the part that bugs me, they talk about a recovery in forestry, well guess what ? Elk falls is closing, hundreds of jobs caput, finished, Catalyst claims because of high taxes, high labour costs, and low commodity prices they can`t run the mill......So today, the first day of BC Taxpayer dollar funded HST ads on all the radio and TV stations
And what Catalyst is saying is true, because of Canadian taxes and Canadian wages they can`t compete with slave labour from China,.......B.C> mills that have closed in recent years haven`t really closed, whenever a BC Mill closes an Asian mill opens to replace it, Catalyst doesn`t care about B.C. workers and community,
All that is true, but so is something else, this mill and operation is being wooed to re-open in China, a promise of low taxes and dirt cheap labour! That`s right folks, for every mill closing in B.C. one or more mill is opening in China....Can you say raw logs going to China, Raw logs and cheap Cants being shipped to China where they are milled and sent back, by milling raw BC logs and cants give the Chinese a supply of pulp!
So much for the recovery, big business cares about profit, BC towns could lower the tax rate in half, the workers could cut their wages in half and still we couldn`t compete with the slave labour traders! Today there is a big problem in China with labour, the peasents have had a taste of money, they like it, slowly there has been "wage creep" in China, the big manufacturers are in a race to automate their factories, robotics, pnematics, completely computerized robotic factories, these corporate goons will look for any edge they can get to cut costs........A lot of companies in China and companies thinking about setting up manufacturing in China are now thinking about Vietnam....In many industries cheap labour will be cheaper than robotics, man is flexible, but can you imagine, the corporate elite will move from $5 dollar a day labour and relocate to $1 dollar a day country in Veitnam.
And how ironic, the day Colin Hansen and Gordon Campbell start spending our tax dollars trying to explain to us dumbasses who don`t understand the tax.....The hypocrisy, how many times has Colin Hansen,Gordon Campbell and Pat Bell said that the HST will save forestry jobs? Too many times too count! Oh indeed..."A boon to forestry"
And I have been watching Australia very closely, BHP and Rio Tinto(Alcan) have launched a $100 million dollar ad campaign against the Australian Government, they have caused one Prime minister to resign, now the replacement is being lambasted by the big mining outfits, Rio Tinto is demanding more capital write-offs and a slashing of a new proposed super profits tax, look folks in Australia the miners have essentially over thrown the Government , a classic coup....this new tax proposed by Australia on mining is only on high profit returns, think about it, Rio Tinto and BHP will still make a fortune, they just don`t want to pay their share, we are not talking high tech, Australia owns the resource, all Rio Tinto and BHP have to do is extract it!......Nothing but greed.Read about the big miners who have taken control of Australia here
What about the HST, how can Catalyst shut down and relocate in China or Veitnam.....Wasn`t the HST supposed to save forestry jobs?
Perhaps Colin Hansen can fly into Elks Fall and explain to all the unemployed mill workers how the HST saved their jobs and improved the economy!
There is another story which makes no sense, the evergreen line, according to Gordon Campbell construction of the Evergreen transit line in Port moody/Coquitlam is on schedule, how can he say it`s on time when they are now saying they will announce who the winning bidder is in the summer of 2011....With completion by 2014....Only a Habitual lying Gordon Campbell would claim it`s on schedule, it was supposed to start in 2002...2003..2004..2006..2007..2009...2010.....But it`s on time....But what I don`t understand, does anyone still believe that Gordon Campbell has $400 million dollars, Harper has $400 million dollars and Translink has almost $400 million dollars and as soon as Translink finds the remaing $300 million they will start building it!!!!....Read about the Nevergreen line here
What bullshit, I mean really, Gordon Campbell went $500 million over budget on the convention center, $1 billion over budget on the Canada line, $400 million over budget on the Golden ears bridge, building a new bigger Port Mann bridge that we don`t need the Campbell Goverment came up with over $2 billion dollars overnight when the MacQuarie group couldn`t raise a dime for the project, so explain why .....
$1.2 billion dollars are just sitting for the Evergreen line.... There waiting for the last dime, how much interest is gathering, how much are we losing to inflation, how much is the new price for the evergreen line when you add in all the HST tax?...Labour,Concrete, Steel, services, every bit of that job is HST able.......So tell me what the new price of the Evergreen line is...or tell me how much the price is going down because of the HST....Personally speaking, the evergreen money has long since been plundered by both levels of Government, or someone show me the money and the interest it`s collecting!
The Straight Goods
Cheers-Eyes Wide Open