Remember that movie “Groundhog Day“? An arrogant weatherman, played by Bill Murray finds himself living through groundhog day over and over, until he finally mends his ways? I kind of feel like that with Quebec.
For those of you not familiar with this particular piece of modern North American cuisine, a cronut is the bastard offspring of a donut and a croissant. Toss in a (presumably) beef patty and some sort of maple-bacon jam and – voila – a cronut burger! What could go wrong?
I was thinking some more about NDP tax policy the other night and I was struck by the dichotomy between left-wing thinking on tax and monetary policy and their implications for corporations.
The NDP and its fellow-travelers have, for years now, been lamenting the strength of Canada’s dollar, suggesting that it has hollowed out the Canadian manufacturing sector, undermining jobs. Whether it’s NDP Leader Thomas Mulclair complaining about “Dutch Disease” or labour economists Erin Weir or Andrew Jackson proposing ways to control the Canadian dollar, the economic brain-trust on the left seem to agree that a rising dollar is bad for both Canadian corporations in the manufacturing sector and, ultimately (though perhaps foremost) their workers.