Discussion about this post

User's avatar
Winston G Adams's avatar

I wonder if Ed feels a bit like the Maytag repair man, just waiting for the phone to ring, someone needing his services, but the Maytag products built so well that the phone don't ring.

Why are there so few that comment on his well crafted and well written pieces? Because all his readers his agree so much that there is little to dispute? Normally, I think one out of one hundred readers on CBC will comment, (which is time consuming and requires some effort). Maybe 10 % may indicated a like. Some medias don't have a thumbs down for dislikes.

As Ed's pieces should have impact on our governance, and in fact it seems to do that, but on the big picture of good governance so lacking for decades, does it reflect an apathy by our culture, that things will never be changed for the better, and that 'The sun will never shine, that Peckford was wring when he wrote that "One day the have nots be will be no more, and the sun will shine", or words to that effect? Or as the old fella from Island Cove said " Das ol it tis, and it won't be any tisser"? Translated: "That's all there is to it, and there's nothing more". On the political level: That's all we expect from our politicians, no matter which brand, and nothing will change much.

Maybe Ed gets lots of feedback that's not made public via comments on this site, and prefers it that way?

So who was the guy I called Stephen? The MC referred to him as a "Rock Star". With a bit of help from my friend Alf, I see it was Stefane Marion. , Chief Economist and Strategist for the National Bank of Canada and National Bank Financial, since 2008 and it seems likely involved in taking control of Canadian Western Bank. He is one of National's most high-profile public figures. He has been named as one of Canada's top economists. With National since 1999. He has also worked on US _Mexico free trade agreements.

Seems they have a small foot print in Atlantic Canada and almost none in NL, yet one of the best managed banks in Canada. Even Danielle Smith is impressed with this guy, and he seems able to bridge the gap between Quebec and the West, where they have had such foolish ideas, to bypass Montreal, and for 40 years of Western politics, leading to the Port Nelson boondoggle, for shipping grain, and again now, rising it's head, for shipping oil/gas through the region of Hudson Bay, that only fools would try (excluding the tough Hudson Bay Company centuries ago, and the HB Company with Quebec based pioneers in the fur trade were the early partners with HBC!!!. Radison and his brother in law , was it not so?

Stefane, like Ed, like to think in "Strategist" Terms.

As to economists, here I am most familiar with Dave Vardy, and recently another good one who has posted a few times here on Ed.s substack, and one more .....should I even say the name : the one who promoted our own boondoggle. .........that guy ........his face is so plain, yet his name is now a blank in my memory bank.

Just yesterday I learned that with a stroke, you lose about 2 million neurons, 16 million synapas connections and about 7'5 km of insulated nerves in your brain ...........per minute, and so the need of early countermeasures. Maybe I lost our our infamous economists, but learned of another.........a Rock Star, not too bad a trade off, hey b'y. Maybe our local one's name will resurface, if not, not a big deal. Better to look ahead , not backward.

Winston G Adams's avatar

Well worth the read and the long video, I watched it all. Why was the NL /PQ Churchill Falls MOU not part of that discussion, but only Alberta and PQ, the two provinces most using the separation threat for political reasons, now having a love fest, and Furey in the audience (how many delayed surgeries resulted from his being away from his doctor's duties (to do no harm).

Was Stephen an official with the National Bank of Canada with headquarters in Quebec, branches in most of Canada except NL? Seems to have a sharp sense of business and nation building, my opinion.

Your picture on top of the interconnections was interesting, on connecting the dots, the people and companies, of how things operate, and feed on each other.

Note the reference by D Smith to the ports of Churchill and even (God forbid) Port Nelson and using ice breakers to bypass the Port of Montreal for shipping. Port Nelson was the biggest boondoggle in Canadian history and may still outdo MFs, in boondoggle size (as MFs is at least operating after about 3 times the cost intended but still not very reliable and may never be very reliable (hundreds of hours down time per year ( where our grid standard is only 2.8 hrs down per year)..

Port Nelson was a stupid idea promoted by prairie farmers as early as the 1870s and then by Prairie politicians , and finally got the green light by Canada and construction started in 1912. And after thousands of workers there for several years, a town built, costing millions, then abandoned as not feasible in 1918 and scrapped. It had ZERO natural ability for shipping as a seaport, noted by seasoned Nfld sea captains around 1905. There is video on YouTube of a group (business leaders wanting tourist business) in 1925 going down the Nelson River by canoe, guided by Indians, the many rapids, and the rickety train ride on parts leading to the remainder of Port Nelson, and the man made island and the amazing still standing 17 steel bridges leading to the centre of the Nelson River, and still standing today!. Many NLers worked there from 1913 to 1917, now a northern ghost town and very near the large H Bay Post, maybe on Hayes River, still preserved.

No posts

Ready for more?