Could Canada’s Airports Go Bankrupt? (And Could That Be the Best Thing for Them?)
"...In addition to its opulent, cavernous new international terminal, control tower, “corporate” centre and other accoutrements, Calgary’s authority also saw fit to install Canada’s longest runway – a 14,000-foot concrete behemoth more suited to U.S. Air Force B-52 bombers or 850-passenger A-380 double-deck aircraft than the Boeing 737s that often use it. Although YYC already had an 8,000-foot second runway that could have been strengthened and lengthened, the airport instead forged ahead with the brand new runway, which also required construction of a nearly $300 million road tunnel running beneath, causing years of delay. Comparing it to the traffic loads and runway counts of much busier airports in Europe raised the question of whether it was even needed – or whether a less costly answer lay in more efficient operations.
YYC spokesperson defends YYC airport's renovations amid its potential for airport bankruptcy.
Academic Prentice sees bleak skies for Calgary Airport, while YYC spokesperson Fiest defends the big 2016 reno.
The entire, lavish project generated so much controversy and delay that it entered service just in time for Calgary’s five-year economic downturn and the pandemic. Complicating matters for Alberta taxpayers today is that YYC’s entire debt is owed to the Alberta Financial Capital Authority, a provincial body that lends to public-sector entities at favourable interest rates. Likewise, Edmonton International Airport owes approximately 85 percent of its $1 billion debt to the AFCA following its own terminal expansion in 2012.
https://c2cjournal.ca/2020/07/could-canadas-airports-go-bankrupt-and-could-that-be-the-best-thing-for-them/
New report denounces Havana and claims ‘campaign of subversion’ has infiltrated highest levels of US government
"...There is overwhelming evidence that the machinery of the Cuban Government has been progressively organized around… a fundamental hatred of the United States,” the report stated. “Many of the most significant upheavals in recent American political history —from the George Floyd riots to the rise of Antifa to the explosion of pro-terrorist activism on American college campuses— can be linked, in some way, shape, or form to Cuban influence.”
The report doesn’t just hand-wave. It names names. It details how the Venceremos Brigade and other “revolutionary tourism” programs have funneled thousands of American activists to Havana for ideological (and sometimes literal) weapons training.
The Venceremos Brigade has brought 10,000 American activists to Cuba since 1969. This is because nothing says “I am fighting for the oppressed working class” quite ...
Now there is a plan! Of course dumb Canadians will not have the courage to vote with their brains, instead of their propagandized feelings of fear.
Canada’s economy is stalling badly.
We just endured the worst decade for real GDP growth per person since the Great Depression.
Over the past ten years, real GDP per capita limped along at an average of just 0.6% annually.
And Bloomberg’s consensus forecast for 2026? A paltry 0.7%.
Why does GDP matter?
Because family disposable income follows GDP like a shadow. Anemic economic growth resulting from lower investment means stagnant wages. Period.
The Liberals and fake Conservatives won't fix this.
The People's Party has a comprehensive plan to unleash private investment, supercharge productivity, and put more money back into your pocket:
Make the Accelerated Capital Cost Allowance (ACCA) permanent – Let businesses write off capital investments rapidly and skyrocket cash flow.
End Corporate Welfare – Zero subsidies. Zero bailouts. Zero regional ...
