3 Burst results for "Heather Scoffield"

"heather scoffield" Discussed on The Current

The Current

04:31 min | 2 months ago

"heather scoffield" Discussed on The Current

"I'm Malaysians. Lyle and I'm Herman. The rudbar, and where the hosts of inappropriate questions did you lose weight? How are you doing? How'd you get pregnant? We talked to people who have been asked these questions we ask where these questions come from, and be darned some more respectful ways of been curious so whether you've asked an inappropriate question or been asked an inappropriate question gum. Get inappropriate with us. Inappropriate questions is available now you can find it on the CBC listen APP or wherever you find podcasts. This is a CBC podcast. Some criticize us on the cost of action. They'll point to the size of our deficit in twenty twenty one, but our government knew that the cost of inaction would have been far greater. Those who would have us do less ignore that without government action. Millions of jobs would have been lost putting the burden of debt onto families in jeopardizing Canada's resilience. At a time when Canadian. Workers families are facing significant hardship austerity. Tightening your belt is not answering. Well the economic update from Finance Minister Bill more. No yesterday included a whopping three hundred forty three billion dollar deficit, but the fallout from global pandemic isn't the only issue facing the liberal government. There's yet another invest ethics investigation in front of the Prime Minister, an escalating war of words with China. Our National Affairs panelists here to talk some of that through Catherine Cullen is senior parliamentary reporter for the CBC News, Heather Scoffield Ottawa Bureau chief and the economics columnist for the Toronto Star and Oregon. Is a columnist with the Winnipeg free press. Good morning, everybody Good Morning Good Morning. Good Morning. Heather. I'm going to start with you so obviously. three in and forty three billion dollars seemed like a big number. We were expecting a big number. Given all the relief that has been pumped into the economy for Canadians for Canadian businesses. Should that be surprising to anybody? It was actually surprisingly big. I mean the numbers almost become meaningless or so huge at this point, but you know there were some private sector protections out there for two hundred and fifty billion..

CBC Heather Scoffield reporter CBC News Lyle Winnipeg free press Finance Minister Prime Minister Canada Catherine Cullen China Toronto Oregon Bureau chief
"heather scoffield" Discussed on The Current

The Current

07:20 min | 4 months ago

"heather scoffield" Discussed on The Current

"Wailing gas. That doesn't sit well with industry doesn't sit well with voters. Either Heather Scoffield wide. Did the prime minister insists that these are bridge loans and not bail. It's so toxic about that word bailout for the Liberals well. I think we have to remember what happened. Ten years ago. eleven years ago when we had the the global financial crisis and Y- governments Especially in the United States bailed out financial institutions and big companies here Canada We bailed out to GM and Chrysler and then there was a big political aftermath to that in terms of of a backlash. I think in that we see now in populism manifesting itself in different ways in different countries but You know watching government spend taxpayers money to to help companies but then in the end you see You know nobody taking responsibility for all the problems the first place how. How is the bridge loan different from bailout? Then heather so so. The bridge bridge loan is is is they're looking at short-term they're putting their putting In in strict conditions about what you can use the money for and It's not a government going in there and buying a chunk of the company. And and and getting micromanaging the company to figure out how to restructure it. It's just the tide them over. So so far more short short term and hopefully in their minds anyway put more politically palatable. Me Robson the leader of the Green Party. Elizabeth may certainly got attention last week when she said that oil is dead. The reaction came from across the country. How did the Prime Minister Respond to that is response? Essentially was what he's been saying about those comments or kinds of comments for for for four years now that oil is not that and candidate is not going to get move forward and climate change and hitting our climate change goals if we just abandon one of the biggest parts of our economy. He has firmly believed and seems to still believe that oil and the energy industry will play a big role in that And we're not We're not all suddenly GONNA not using oil tomorrow or next day. Even the next ten or fifteen years and he wants Canada to to be part of that his words were very welcomed in Alberta. I mean you heard Jason Kenney last week when when Elizabeth May and The leader of the blockade acquires. Well when they said that Jason Kenney hit back very very hard and it's becoming even more of a West versus east again and the prime minister wants to see seen as the peacemaker in all of that. He's been trying to do that for four years. And so far he has not succeeded because the people on both sides are so very entrenched in their positions But this loan program is in some ways the perfect example of him trying to appease both sides he's giving the money to the to the oil industry and others but the oil industry in particular is getting money from this but he's putting limits on one of those limits. Is You have to show a climate plan. One of those limits. Is You have to be able. You can't have have evaded taxes. We're GONNA make sure that there's no tax evasion going for per company. So he's he's using this program to sort of implement some of the things that the the blocker the Green Party or the MVP want but he's also appeasing people By by providing the the these funds for the oil industry and and others say it's a really interesting attempt to sort of balance in the middle on that one of the things I think that Elizabeth May and You know we're trying to get out in in in that. Were saying that at some point in time when we come out of this we could see long term structural change to the economy whether it's around how we treat the oil sector and the energy sector whether it's about Changes to job security for workers or higher wages or guaranteed annual. Income has scoffield. Are we likely to see big structural changes coming out of this moment for the economy? I definitely I although I think it's it's kind of hard to predict exactly where we would go on that but for sure. I mean we seeing Some all the all the government eight I think at this point is is to minimize permanent damage to the to the economy but is happening. You'll companies are closing down and and we're revisiting How all sorts of our social supports work and how we and how you know as as employees how we work we work from home we we are now far more connected and a lot of those things I think will stay. Stay with US and and and change US forever It's kind of hard to know exactly what that looks like at this point. But it's pretty clear that we're going to have to rebuild reevaluates You know essential workers how they're paid how they're protected and what kind of safety that they're giving on the job. It's clear that we're going to have to reevaluate our entire healthcare system And how we you know how we deal with an aging society and the the economic and fiscal impacts of all of that and You know all of our it and how shop and how we interact with retailers All of that is going to be. I think probably changed forever. Do you agree that this is changed forever? In some ways our priorities are being exposed in this moment and that that's going to lead us to a different future whenever we get out of this change no doubt that an event that is this big and this widespread will have permanent and long lasting changes. I think it might be too early to say what some of those changes are going to be. I mean we're all very good at trying to predict the future but nobody would have predicted. We were here even six months ago. Even three months ago so It's there's no doubt that there will be some changes I mean. Some of them should come. I mean I think this is exposed. The long-term Care Center weaknesses. And if this is not the time that we fix those then. When would we ever fixed those? That's what that's what that would take me if you're talking about changing healthcare not just relations between the federal government and the provinces but enormous sums of money. Do we have the stomach for something like that? We may not have the stomach. We may not have the money but I think there is going to be an an immense demand from the public. See some of those things fixed and one of the things. Canadians are going to want to know. eventually is what are we going to do the next time because there was already people suggesting that this is not going to be hundred years. We face this kind of thing again. And what lessons we have learned from this. And how do we make the economy far more resilient when something like that potentially happening any last minute to you? What sort of long term change Do see it in your province in. Alberta given what we're in right now. Yeah I mean Kenny and others have said this wearing for a very long recovery hearing out but some of the other economies will bounce back a little cliquey here about that very shop the kind of coconut hearing Alba. We've been massive energy. It's really huge. Double Whammy to the economy and it's GonNa be a very long hard road out. I mean pre pretty cold the other day a fiscal reckoning which was very biblical language. But I mean Alberta's in a tough place it's GonNa be a long haul to get out of these things. That's sure great to talk to you all thank you. We'll talk again greg. I have a field. Is the Ottawa. Bureau chief in economics columnist for the Toronto Star Mia Robson National Reporter for the Canadian Press and emigrant he is the Globe and Mail's energy and business reporter. She was in Calgary. This wants view. Fort mcmurray and the Wa to great we Aladdin Dinner Ver- busted downtown town..

prime minister Elizabeth May Alberta United States Heather Scoffield Canada Mia Robson Jason Kenney Green Party federal government Chrysler Ottawa Calgary GM Fort mcmurray
"heather scoffield" Discussed on The Current

The Current

11:16 min | 10 months ago

"heather scoffield" Discussed on The Current

"How do you take down criminal network hidden in the shadows? I tell him that. I know that they're the ones who are running the largest child abuse website on the dark net the journalists working to expose the darkest corners of the Internet. That's your playroom for that's your baby's clothes. That's my house. The police ace who hunt down online predators. The environment. They're using no we didn't we didn't make it. They made it hunting. MOORHEAD subscribe wherever you get at your podcasts. This is a CBC DC podcast. Hi I'm Laura Lynch this podcast from the December eleventh edition of the current. All of us together have finally accomplished what we set out to do at the very outset. A Win Win Win. Agreement which will provide stability for workers in all three of our countries for for many years to come the noon after deal is all wrapped up with a bow just in time for the holidays and Deputy Prime Minister Christa. Freeland may sound Mary. The the latest job numbers declining foreign investment and worries about regional alien are raising fears that the future may not be so bright. And of course who knows if the grinch is lurking in the shadows because new Nafta's still has to be ratified by each country here to look at all of this. Is Our national affairs panel. Katie Simpson is a senior reporter with CBC News. She's been covering the Nafta talks and now the deal and we eastern Mexico City. Heather Scoffield is an economics columnist for the Toronto Star. She's in our Ottawa Studio and Kelly cried. Herman is a Calgary based reporter for the Globe and Mail who covers business and politics and she joins us from there. Hello to you all morning heather. Let's let's start with you. What are the positives? You see for Canada in this new trade agreement. It's a big relief. I think to you Well from from the business community point of view to just have some stability into know that there is something finally written on paper that yes it still has to go through ratification but it looks like ah you know all this. Everything's lined up for that to finally happen so you know for the last three years business every time you want to go and make an investment and every time you want to think where you're going to put your next dollar you've been you've been Surrounded by this uncertainty not knowing what's Donald Trump going to do next asked what he's what's he going to demand for his own economy What are the rules of the game and so you have second thoughts about investing in Canada and so this gives some kind of certainty in a very the very uncertain world? I mean there's all sorts of other things out there for sure but but this is this is one big piece that that is finally settled. Katie you are in Mexico City. What was the mood like among Canadian eighteen delegates at the signing ceremony? Mexico's National Palace. I think there's a sense that this is actually now in the final stretch and they can finally finally proceed with the domestic ratification process. And they're relieved. Everyone thought that this was going to be over about a year ago when they signed off on this does aries the sidelines of the G. Twenty people knew would be difficult with the changing political dynamic in the United States however now there seems to be a bigger sense sense of relief but one thing that I want to point out. That was really strange inside. The Room is when the Americans got up to speak at yesterday signing ceremony it was. US Trade Representative Robert Bert Lighthizer who spoke on behalf of the American delegation. And he was. It almost became uncomfortable the way he was gushing about the American or about out the Mexicans and and how the president was a historic figure and and how they put the best person possible in in this position to negotiate gate. This and they didn't let politics get in the way and the key to that is the Americans were so pleased to get the concessions out of Mexico. Soco's that they were able to get that ball blight heiser was just. He couldn't contain himself at the ceremony. Yesterday okay well we know. Then it's going to be a a big selling point for trump in Washington them but tell us what's in this agreement that allows the Canadian government to frame this as a win win win Kristof religious said well Christopher your freely in the Canadian government is trying to take credit for some of the changes that were added to this agreement and When Nafta negotiations originally began back in two thousand seventeen the the conservatives that actually criticized the Liberals for trying to put some things in there that were to progressive particularly around the environment? Well what do you know two years later when it's time for the Democrats to have a say in all of this in the United States That the environment would be a big deal. So the the changes that have been added to this agreement relate to environmental environmental and labor provisions and making sure particularly in Mexico. The Mexican companies live up to the Labor standards and they've they've sort of changed the onus here that if a company is believed to have been violating the standards and not meeting the standards that have been set out by this agreement. It's up to the company to prove that es in violation of the or it's up to that they are following the rules that are in place it reverses the onus and so there's a big push to make sure that inspections can be done in Mexican facilities to make sure again. There are those standards and make sure that there is the right to collective bargaining in Mexico. Things like that so the major changes are really targeting. are really targeting Mexico but there is one change that really stands out for Canada and that has to do with pharmaceutical drugs. Dogs the new Nafta the the one that was negotiated in two thousand eighteen that all three countries signed off on had this provision that large pharmaceutical companies could develop and be protected texted from generic companies taking their science to make generic drugs for ten years in Canada. The current law or the current rules are eight years so this would give those big pharmaceutical companies two more years to make those big profits and it would mean that the higher drug prices could be charged for an additional two years. Well the Democrats got that entire provision stripped out so it will remain status quo in Canada Kelly. Credit and Calgary what is the view from there is Canada's seen to lost in it in any ground in this agreement. Well I you know I think in For all the reasons that Heather in Katie of laid out there is is a sense of relief that there is any stability and any solid agreement that can really be relied on as as as Canadian companies look for investment as they look for some kind of stability. I think they're this does not put an end to what might happen out of the US. The Donald Trump administration. This does not put an end to the uncertainties there. the ratification process for this will take place in the US. Maybe a day after the impeachment impeachment vote so there there's still a lot of uncertainty. I think what is really interesting to me. Is What is interesting to Albertson's in a lot of respect to is the messaging that came from Christie a freeland on this of course. She emphasized at a in Mexico City yesterday that that this will this new Nafta after deal will require a seventy percent North American aluminum component. Of course that is focused at Quebec Major aluminum producer deuce her and that that was important. Because right away you had Block leader Mr Blanchette saying that. This deal isn't good enough for Quebec so I think the messaging on this back to Canada was really interesting because we have a government. A minority government needs to rely on the other parties. The other parties are going to be looking at the de details details of this deal and and really they will have an actual say in this unlike If if this agreement had come to fruition before The October vote that led to a minority government so I think the messaging back to the Conservatives to the block to the. MVP is really interesting in this case. Heather we we are. There are growing concerns about the health of the Canadian. Economy is this deal is signed. What what did the latest job numbers tell us? Well we had We've had a really great year in terms of job creation until last month. Where where where the where we had a major setback And you know every economist will say okay. Let's let's look past. It's the number you have to. You have to look over over time and not get too carried away about one month But you know there is. There is certainly a lot of concern. I think that the global economy is slowing down And that growth levels in Canada are just not what what we what we've become used to. They're not what they used to be an in and going forward. We won't be seeing a lot of strong growth so You know there. There is a fear that this one month will be a sign of things to come or or that or that. You know we're just heading into a period of of of slow growth and weakness. Generally that even if people are getting jobs they're not getting there. There's just not a lot of momentum. I mentioned in the economy so that our standard of living over time is is eroding. We'll jobs are one thing. Heather what what are other indicators that suggest the country could be heading for recession in two thousand twenty. Well I don't think You know nobody's crying recession yet in a serious way But we do have quite a few challenges on on on the horizon that that that suggests some some times I think investment is one of the one of the things that Quite a few people who are concerned about we had some ups and downs For sure but Especially in the patch. I think Kelly Kelly knows a lot about that but That they in the third quarter. We had some really Concerning serving investment numbers and and you know with all the uncertainty that we see globally That that looks to be a sign of things to come and Kellyanne hustle prized where you by the national numbers given unemployment in Alberta. I was surprised to see such a dramatic turn in the national numbers of course A A low ebb. Economy is something that elbruz been dealing with the last five years and there are a lot of striking numbers in the the statistics. Canada job report for November. Of course it's just one month it's a snapshot but we saw you know not only the Drop in job numbers nationally but in Alberta we we saw another increase in the unemployment rate another eighteen thousand jobs lawson and really strikingly a really high jump in the unemployment rate among young young men Under age twenty five basically in one in five young men in Alberta under the age of twenty five is unemployed right now according to the November numbers. And you know if that's not a political issue I don't know what is when you have young men without work and what was really striking to me. This week is Federal Finance Minister Bill. More no saying he doesn't He doesn't worry too much about recession..

Canada Mexico United States Heather Scoffield Mexico City Donald Trump Katie Simpson Calgary reporter Kelly Kelly Canadian government Laura Lynch Alberta MOORHEAD Canada Kelly G. Twenty Freeland CBC News