Saturday, September 21, 2024
this is not the kind of thing to do on the cheap. canada should own it's own satellites, not rely on those owned by south african companies. the cost is the least important metric, when organized in terms of priorities.
i would rather see this done through a crown corporation than via loans to a private company and it would be far more efficient and far less expensive for the government to do this itself than to pay investors and shareholders in a marketization scheme, although that's no doubt a part of the plan. the way that corporate capitalism works is that investors pay politicians to write laws that send them subsidies. this isn't ideal, but it's real life. telesat has no doubt sent the liberal party a fair amount of money, and they get the contract in return. that's what really existing actual capitalism actually is.
however, it's better than offshoring it to a south african company, and the conservatives should be ashamed of themselves for proposing offshoring the country's satellite network in order to print less money. what a bunch of cheapskate losers. that's exactly the economic model that has led to the hollowing out of local industry and the collapse of the middle class. it's exactly the wrong economic model for the country to follow if it wants to compete in the 21st century.
we need to invest more in local industries and stop offshoring in order to do everything on the cheap.
at
12:48
american politicians will have a shit, but this is in truth very good news for canada as it indicates that the market pressure is relieving itself via people acting and voting with their feet.
the market is not the correct way to deal with social problems, generally, but in the absence of a government willing to do anything except pass laws that benefit property owners, we're not left with any other choice but to rely on the inefficiencies inherent to a market-based society.
this is not the ideal way to reduce migration into the country, but it's probably the only way it's going to actually happen. and it has to happen, and probably for a long time.
there are currently minimal to no opportunities for economic migrants in canada. there's not even a housing supply sufficient to provide them with shelter. they need to clear out and move on.
at
12:29
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