Tuesday, March 16, 2010

Charest's green shift?

An excellent piece in the NP about charest's breathtaking hypocrisy and obfuscation. ( Thanks jen)

Bureaucrats are also busy in the Quebec Ministry of Finance, preparing their 2010-2011 budget, which includes income of $8.5-billion in transfer payments, much of it from Alberta's oil fields. Similarly, the Caisse de depot et de placement du Quebec, which manages Quebec's pension plans, is also trying to recover from last year's historical loss by investing massively in the petroleum industry. Actually, according to its latest annual report, one quarter of the Caisse's most important stocks are in petroleum companies, including Canadian Natural Ressources Ltd, Chevron, Exxon Mobil, ENI (Agip), Shell, PetroChina and Petroleo Brasileiro. It is, in fact, the most important sector of investment of the Caisse's portfolio.
And of course Quebec's green charade.

And let's not forget that for all Chartest's talk, Quebec remains a big polluter. For each million dollars in GDP, Quebec produces 129 kg of toxic products, compared to only 102 kg for Alberta.


Anonymous said...

And people wonder why I want a referendum to vote quebec out of confederation.

Rob C

CanadianSense said...

The shell game of hiding the stink contiues!

Canadians living in Quebec need to throw out the governments that won't allow an inquiry into the allegation of corruption and fraud.

Quebec needs to fix it own fiscal imbalance without bashing Alberta Oilsands Federal transfer of Equalization payments.

Anonymous said...

I don't think the people of quebec want to change government because the one they have will continue to supply them with their free ride complements of the rest of us who want to be CANADIAN.

Rob C

Jen said...

Quebec's debt alone ranges in the 229billion dollar mark. How can a poor province that claims to have pride in itself reach that high in debt.

I frankly don't think Quebecers have a clue 'how fragile their province is.'

They don't seem to realize that attacking other provinces with their 'threat' card at the polls does not work anymore. Other provinces have problems of their own and many of them don't live in 'lavish' lifestyle like Quebec: fancy daycares, subsidized electricity and so on.

8 Billion dollars from the oilsands goes to quebec and not a word of thank you-just insults.
Sooner rather than later will shut the doors on Quebec.I am sure ABC Danny Williams, will gladly give Quebec billions of dollars.

I Support Lord Black