Category Archives: The Economy

So what is the Bombardier #C-Series anyway?


Porter Airlines Dash-8 at Ottawa Macdonald-Car...

It’s a nice looking jet and it’s great to see that a #Canadian company may possibly compete with the likes of #Airbus and #Boeing. Seating between 100 – 149 seats and leaving a smaller environmental footprint I dare to say that maybe “less is more”. With the rumors of Porter Airlines purchasing these jets it will be interesting to see what happens in the long-term. Will they expand Billy Bishop Airport? Will these planes fly out of Montreal? Maybe, with the new Airport link, they will fly out of Pearson? What about Hamilton, Oshawa Airport or Buttonville? We will have to wait and see what actually happens today at the announcement. Hopefully the Bombardier C-Series will shake up the industry. Maybe we are just a bit nostalgic over the prominent days of the Avro Arrow and Canada being on top once again.

By: @iammannyj

From Wikipedia, the free encyclopedia:

The Bombardier CSeries is a family of narrow-bodytwin-engine, medium-range jet airliners that are being developed by Canadian manufacturer Bombardier Aerospace. Models are the 110-seat CS100, and the 130-seat CS300. These were initially named C110 and C130, respectively. In November 2012, Bombardier announced that the CS100 would take its maiden flight in June 2013 and enter service in 2014. 

To learn more about the CSeries go to http://cseries.com/info/en/

The omnibus bill – Canadians keeping their head in the sand literally for summer vacation


Colina do Parlamento / Parliament Hill

Colina do Parlamento / Parliament Hill (Photo credit: Marcio Cabral de Moura)

A voting marathon that could keep members of Parliament chained to their desks around the clock is set to unfold in the Commons as opposition parties try to thwart passage of the Conservatives’ massive budget bill.

Opposition MPs are challenging the Harper government’s parliamentary majority this week with hundreds of proposed amendments to Bill C-38, the 425-page budget implementation legislation that revises approximately 70 federal laws.

The far-reaching omnibus bill will touch on nearly every aspect of Canada’s public affairs, and the Liberals, NDP and Green Party say its size makes a mockery of MPs’ duties to vet legislation and hold the government accountable.

Read more from the Toronto Star

Markham is building for the future


A 2005 Van Hool newA330 stops at Warden Vivast...

A 2005 Van Hool newA330 stops at Warden Vivastation, in Markham, Ontario. (Photo credit: Wikipedia)

So Markham wants to build a 20000 seat arena and entertainment complex that will rival the Air Canada Centre. In a way it makes perfect sense. There has been a lot of talk around bringing an NHL team to Markham, however I believe Toronto residents and possibly the media have it backwards. I used to live in Markham and based on the makeup, demographics and changes in Toronto, I think it will do quite fine with or without a team. Markham is building a new downtown and the facility is part of the plan. With a large ethnic mix of Asian and South-Asian residents; along with the diversity of York Region and north Toronto, other uses are possible. It’s perfectly situated near the Unionville GO station and is well served by VIVA. I remember when prices for brownstone styled homes were listed at $400000. At the time I thought it was high, but now it seems like a bargain. Will it work, who really knows. The world does not only revolve around downtown Toronto. I believe that Markham politicians have recognized that the times are changing and they are betting that they will be on the right side of the future.

Is Toronto a housing bubble?


While Canada’s high-flying housing market continues to stabilize, it’s increasingly evident that one city — Toronto — is a glaring exception.

In sharp contrast to price moderation in most cities and a significant drop in Vancouver, where buyers are being priced out of the country’s costliest market, Toronto buyers are on a spending spree — one that looks as if it won’t end well.

New figures from the Canadian Real Estate Association show prices up by 10.5 per cent in Toronto over the past 12 months, the only major city with a double-digit gain. In contrast, Montreal gained a modest 3.7 per cent and Vancouver is down by 3.1 per cent.

Read more

Link

Qatar Airways keen to expand in Canada


Qatar Airways Boeing 747SR

Qatar Airways keen to expand in Canada

The CEO of Qatar Airways has said he is struggling to secure more landing rights to boost services to Canada.
Akbar Al Baker said in a speech in Montreal that Canadians deserved a better airline service to the Middle East but government restrictions were hindering progress.

“Qatar is of course interested in forging even closer ties with Canada but we are struggling with being granted additional landing rights,”

Link

Is it time to open the skies in Canada and allow U.S carriers?


Air Canada Boeing 747-133 C-FTOC at Zurich Int...

Air Canada Boeing 747-133 C-FTOC at Zurich International Airport (Photo credit: Wikipedia)

Is it time to open the skies in Canada and allow U.S carriers?

Despite the issues pilots have with their employer, Air Canada, the issues today are showing the serious flaws in Canada’s transportation system. Air Canada, like the photo, is starting to look old and out-dated. There are alternatives for trips to Montreal, Ottawa and other locations; using Porter or WestJet, however other remote and specific locations are leaving Canadians hanging. People are upset and rightly so. There is a dependency in Canada, on Air Canada. However, there are a not a full list of choices. I am sure Buffalo Niagara is seeing an increase and maybe it’s time to get other carriers in Canada. Our Federal policies prevent an American, or other carrier, from flying within Canada. Air Canada is taking a big hit and Canadians are angry. The Conservatives, now with a majority, may take notice. We have underutilized airports in Hamilton, London and even Oshawa. Is it time to open the skies?What do you say?

Did wireless providers just get the one finger salute?


Canadians are defiantly getting gouged when it comes to wireless service in Canada. Some would say that there just isn’t enough competition, while others feel it’s just utter greed. Providers say that someone has to pay for infrastructure, yet we know have a Government saying that they have heard enough. Wireless providers have already complained; asking that the CRTC step in and create a standard. It will be interesting to see if the Conservatives decide to get involved and act. Only time will tell!

Do the Ontario Liberals want an election?


An interesting game of poker is taking place in Ontario and it seems that the Liberals may have the best hand. Who has the most to lose? At the moment it’s the NDP. No one wants an election and I suspect that if one is called you can kiss all of those NDP seats goodbye. Both the NDP and the Tories cannot afford an election at the moment. In a funny sense if the NDP votes against the budget I am sure the Tories will end up having to support it. The Liberals be in the best position if an election is called. So who will blink first?

No Pipeline to the West Coast?


A slim majority of British Columbians support a proposed $5.5-billion oilsands pipeline to the B.C. coast, but opposition to the megaproject is growing, according to a new poll.

The poll also found that an overwhelming majority of B.C. Conservative party supporters, and two-thirds of B.C. Liberal supporters, favour the controversial plan by Calgary-based Enbridge Inc.

NDP MP Kennedy Stewart, who commissioned the poll, said the results suggest it will become increasingly difficult for Christy Clark, B.C.’s Liberal premier, to continue to straddle the fence on the issue.

http://www.edmontonjournal.com/business/Opposition+oilsands+pipeline+growing+poll+finds/6374553/story.html

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Steve Jobs has passed away – May he Rest In Peace.


Apple chairman and co-founder, Steve Jobs, who pioneered the personal computer; changing the way we used and interacted with the PC, died today. He was a visionary and great innovator. He will be greatly missed by everyone. May he rest in peace! At 56 years old, he is survived by his wife, Laurene, and four children.

Conservatives and Toronto’s Rob Ford Nation – Subways please…


Interestingly enough this election may be a boon for the G.T.A. Not that Toronto can expect the Conservatives to only pander to their needs. As the Prime Minister said last night “we will govern for all Canadians“. Despite that the Liberals took for granted the support of Torontonians and the G.T.A. For years, we voted for the Liberals without our needs being heard. Now the Conservatives will have to listen. However, my take is the Conservatives will take a page out of Rob Ford‘s book. Rob said “we will get subways”. Will the Conservatives deliver? I imagine that they will have to. Why? Rob Ford nation is a powerful force. Although he is now mayor and tends to be on the right-wing of the political spectrum, Rob is not afraid to push his agenda and fight for what he believes. The Conservatives would be wise to not upset Toronto’s exalted leader. He wants subways and an end to waste. The Conservatives will have to deliver. He wants Toronto’s common-sense issues listened to. The Conservatives will have to deliver. The Conservatives can no longer ignore Toronto. The Prime Minister had a strategy to target the G.T.A and it worked. Albeit, a lot of vote splitting happened. It does not matter. They solidified their base, in the G.T.A and gained additional votes. You cannot take that away from the Conservatives. However, much care is needed. Ontarians are also sometimes not as forgiving. The Conservatives would be wise to not follow their Liberal predecessors. Do not take that vote for granted!

By Mannee Jay