MARK CARNEY

Chris Helgren / Reuters

Kinder Morgan Turned Its Pipeline Proposal Into PR

Last week the B.C. Liberal government approved the Trans Mountain Pipeline Expansion Project. They have stated that Kinder Morgan has met their five conditions and have added 37 new conditions with their approval. From the National Energy Board hearings, to the recent to governmental approval, the process was problematic right from the start. It was nothing more than a public relations exercise.
ASSOCIATED PRESS

What the Greek Tragedy Means for Canadians

Greece does not have its own currency to devalue to gain economic relief. And so the nation's debt problem can't be fixed by issuing more loans with conditions that kill economic growth. If truth be told, there has never been a bailout designed to bail out the Greeks. The aid issued to date has been all about buying time to play musical bondholders.
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Why Capitalism Won't Leave the West

Some might describe it as the genius of capitalism; the ability to adapt on the fly according to the circumstances. Hence the drive to technological fixes in alternative energy generation, storage, and distribution. While the existential threat to the species is a clear and present danger, capitalism's ability to adjust is subject only to the limitations of the human mind.