Tag Archives: SNC Lavalin

Harper government’s trip to China: What the salesmen of the monopolies accomplished

By LOUIS LANG

Prime Minister Stephen Harper’s latest visit to China has revealed more about the measures the Government of Canada is willing to take to put the entire human and material assets of the government and country at the disposal of the drive of the most powerful North American monopolies to be number one on the world market. Press releases from the Prime Minister’s Office (PMO) claim that this trip resulted in more than $2.5 billion in “deals.” It is alleged these “deals” will create thousands of jobs and be good for the economy in Canada. In reality, this trip clearly shows how, since Liberal Prime Minister Jean Chretien’s “Team Canada” trips in the early nineties, Canada’s international affairs and diplomacy have increasingly been turned over to private interests. Continue reading

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Libya then and now: An overview of NATO’s handiwork

libya_nato_latuff_400In 2011, as the entire world watched the Arab Spring in amazement, the US and its allies, predominantly  working under the banner of the North Atlantic Treaty Organization (NATO) and the Gulf Cooperation Council (GCC), militarily overran the Libyan Arab Jamahiriya,

The peaceful civilian protesters they claimed to be intervening to protect were not really what the US and its cohorts presented to the world. Many of these so-called “protesters” were armed and, when this became apparent, they eventually began to portray themselves as “rebel forces.”
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Keep the Post Office public!

Postal workers face the challenge of Harper government’s attacks

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By LOUIS LANG*

TML Daily (Jan. 24) – POSTAL WORKERS are continuing their fight against the “Five Point Action Plan” announced by Canada Post in December 2013 one day after the adjournment of the House of Commons. The plan consists of the elimination of home delivery, a drastic increase in the cost of postal services, accelerated privatization of retail outlets and further attacks on the wages, working conditions and benefits of postal workers. Continue reading

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Shipbuilding yes, but not the militarization of shipbuilding

The Harper Agenda and Need for a New Direction for the Economy

Haligonians denounce Harper’s visit to the Naval Dockyards, April 4, 2007

By TONY SEED

Originally published May 6, and extensively revised May 16 and May 28, 2011 and again on January 23, 2013.

SHIPBUILDING is one of the traditional industries in the Maritimes, Quebec, certain lake ports in Ontario, and British Columbia that is in crisis. Now, instead of resolving the crisis in favour of the people, the warmongering positions of the Harper government include the militarization of all shipbuilding. In Nova Scotia the suggestion always hangs in the air that the militarization of the economy and the $20 billion war budget are the solution to the economic crisis and regional disparities and it is a matter of “buy Canadian” or “buy Nova Scotian” versus outsourcing, either abroad or to another region such as Quebec.

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U.S. financiers take over Canadian toll highways and part of Trans-Canada Highway

Nova Scotia is one of the provinces – along with Prince Edward Island and Newfoundland – that Canadians have to pay to enter by road, unless they shunpike through the Wentworth Valley to get around the toll highway. Now the fee each vehicle pays for using the Cobequid Pass will be going to the United States. To ensure finance capital collects its pound of flesh, the government even levies high fines on truckers using adjacent roads to force them to use the toll road.

By TONY SEED
Shunpiking Magazine, 2001

IT WAS A MERE 15-second blip on the radar screen that the media calls “news,” but the paper on Nova Scotia’s toll highway – along with a private toll highway in Ontario – has passed into the hands of foreign capital.

CIT Group Inc. of New Jersey is to take over Newcourt Credit Group of Toronto, the world’s second-largest commercial finance company, in a $4.2-billion deal, creating North America’s largest non-bank lending company.

Newcourt underwrote some $51 million toll revenue bonds to finance the Cobequid Pass in Nova Scotia – part of the Trans-Canada Highway – at an estimated $2 million higher cost than had the provincial government borrowed the funds.

An estimated more than $300 million in tolls have been produced on the Cobequid Pass for a deal in which private financiers put up $66 million. According to a report by the Canadian Centre for Policy Alternatives, the Nova Scotia government is also paying an effective interest rate of 10 per cent for 30 years, twice its rate of borrowing.

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