Kevin O'Leary: Open Letter to the Premier of Nova Scotia

DennisTate · Feb 10, 2017

I am one of the members of his party who is extremely
glad that National Conservative Party Leadership candidate Mr. Kevin O'Leary
wrote the following letter to Premier Stephen McNeil.

Open Letter to the Premier of Nova Scotia

Dear Premier McNeil,

This past weekend I was in Halifax and met with hundreds of people from across Atlantic Canada. I must say, I had a wonderful time speaking to Nova Scotians. I got the strong sense, however, that you haven’t listened to them for a long time.

Person after person told me the same thing – that they are worried about their local economy, how their friends or family members are struggling to find work, and the province is drifting in the wrong direction.

Maybe you haven’t had a chance to get out of your office and talk with your voters recently? Thank goodness you have me. Let me try to explain the issue to you because you don’t seem to get it.

Premier, your province has some of the most abundant resources in the country. Fishing, forestry, farming, natural gas – these are the key ingredients for economic success. Why isn’t your economy flourishing? When you have a land rich in resources and you do not use them for the benefit of the people, that really bothers me.

Your province has some of the highest tax rates in the country, and yet also one of the lowest economic outputs. Do you think maybe those two things are related?

I know, I know, it’s not your fault. When I talk to Liberal politicians, it never is. But you can still do something about it.

I am promising all Canadians that 3% GDP growth will be my primary mandate when I take over in Ottawa in 2019. In order to achieve that, I need Atlantic Canada become an economic powerhouse. This will happen. Because you have the power to supercharge your economy through a real focus on resource development.

For instance, let’s look at natural gas: you have effectively put a moratorium in place on extraction. That’s crazy – it’s gotta go. The concerns people had years ago have all been solved by advanced extraction technologies. The science has made this safe, and we must get extraction going. There are 1,500 jobs for Nova Scotians at stake. To that end, you must allow pilot projects in communities that wish to avail themselves of the bountiful on-land resources and significant royalties.

As for off-shore – this is a vastly underdeveloped area because your tax policies are so punitive. The high bidding fees for exploration make it seem like you are more interested in exploration fees than royalty revenues from production. That’s so backwards, I’m sorry I can’t allow this to go on.

Sir, you can do better. You must do better.

Your province has so much economic potential. You just need to unleash it.

I recently joined the Leadership Race for the Conservative Party of Canada. Fortunately, I reach millions of Canadians each week through the media, and I have promised all of them that I will shine the light on mediocrity and incompetence in government when I see it.

So, I am putting you on notice. It’s time you start doing a better job for the people in Nova Scotia. If you don’t? Well you can ask your friend Kathleen Wynne what happened to her poll numbers when I started writing letters.

Sincerely,

Kevin O’Leary
CPC Leadership Candidate
Click to expand...

Hi Mr. Kevin O'Leary:
Hi Premier Stephen McNeil:

Are the provinces of Nova Scotia and New Brunswick in the position of the
proverbial "canary in the coal mine" when it comes to the potential threat
of rising ocean levels?

http://www.bayoffundy.com/about/highest-tides/
BAY OF FUNDY TIDES: THE HIGHEST TIDES IN THE WORLD!

As you can see from the diagram in the article linked above the State of Maine
experiences at most a six to seven meter high tide level.

I live on a lake classified as tidal water so I view this topic a little
differently than somebody would who lives at a nice safe
elevation quite far inland.

My part of Nova Scotia, near Sherbrooke, Guysborough County, N. S.,
has only about a one to one and a half meter difference between low tide to
high tide.

The Bay of Fundy has a funnelling effect on tide levels. Land along the
Chignecto and Cobequid Bay experience high tide levels 13 - 15 meters
or more above low tide. The question that is on my mind is,
would a thirty centi-meter, one foot, rise in average ocean levels
translate into high tides 4.5 meters or more above normal in that
part of Nova Scotia and New Brunswick?

30 cms x 15 = 450 cms or 4.5 meters.

Mr. Kevin O'Leary, I believe you are correct to state that the real problem
that Premier Stephen McNeil is facing is not actually his fault. His problem
with the Nova Scotia Teachers Union can be traced back to 1974 and a
serious error by then Prime Minister Pierre Elliott Trudeau that has set in motion
a trend that has led to governments appearing bankrupt on paper.

It is the natural effect of compound interest over time.

Three economists dealt with this problem brilliantly back in 1995, 21 years after the
serious error by P. M. Pierre E. Trudeau. Looking at this problem objectively and
honestly is necessary if we are going to finance an effective method of protecting
the vulnerable coastline of Nova Scotia from rising ocean levels.

http://www.politicalforum.com/polit...t-work-fast-enough-address-wais-collapse.html
A carbon tax will NOT work fast enough to address WAIS collapse.

DennisTate said: ↑

A tax on carbon will take centuries to address the real issues associated with the impending collapse of the West Antarctic Ice Sheet!

http://www.sciencemag.org/news/2015...antarctic-ice-sheet-raise-sea-levels-3-meters
Just a nudge could collapse West Antarctic Ice Sheet, raise sea levels 3 meters

We need to be researching and discussing options that can work much faster!

Every cubic meter of ocean water that is desalinated and added to the water table of North Africa or Qatar or Jordan or Israel...... will NOT be putting pressure on the oceans to overflow New Orleans, Bangladesh, The Netherlands and parts of Florida!....(or the 143,000 acres of extremely valuable farm land along the Bay of Fundy that is protected by dikes)!

Japanese engineers don't merely design good cars!

http://www.ssb-foundation.com
Sahara Solar Breeder Foundation
Click to expand...

DennisTate · Feb 10, 2017

Mr. Kevin O'Leary:
Honorable Minister Mr. Stephen McNeil:

Please notice post #26 in this other discussion:

http://www.politicalforum.com/canad...ate-teachers-nova-scotia-liberal-party-3.html
Thread: Subject: Government Update on Teachers (Nova Scotia Liberal Party)

.......
http://www.mapleleafweb.com/features/provincial-government-canada-organization-institutions-issues
Provincial Government in Canada: Organization, Institutions & Issues

Beginning in the 1970s, however, the federal government has steadily decreased its share of the financial costs for many of these programs. In the late-1990s, in particular, the federal government drastically offloaded much of the costs to the provinces in an attempt to eliminate the federal deficit. This, in turn, placed massive financial pressures on the provinces, as they were faced with escalating overall costs for provincial social programs and dwindling federal transfers in support of these programs. During the late-1900s and early into the 21st century, provinces experienced rising annual deficits and ever ballooning debt loads. In recent years, the federal government has begun to increase its fiscal transfers to the provinces, particularly in the area of health care (although, the economic crisis beginning in late-2008, and the pressures it will place on federal finances, may reverse this trend). Nevertheless, federal support remains far short of its original commitments, and some provinces continue to struggle to pay for the ever-increasing costs of social services.
Click to expand...

Three economists explain why this happened.....

http://www.michaeljournal.org/artic...ce-our-country-debt-free-say-three-economists

The Bank of Canada Must Finance our Country, Debt-Free Say Three Economists

...........

“Since the mid-1970s, however, the Bank of Canada, with government consent, has been creating less and less of the new money, while letting the private banks create more and more. Today «our» bank creates a mere 2% of each year's new money supply, while allowing the private banks to gouge the government — and of course you and me, as well — with outrageously high interest rates. And it is these extortionate interest charges that are the principal cause of the rapid escalation of the national debt. If the federal government were paying interest at the average levels that prevailed from the 1930s to the mid-1970s, it would now be running an operating surplus of about $13 billion!”
Click to expand...

....

“Many economists rail against «wage push», and it's true that wages have risen by 2,700% over the past 50 years. But in the same period government tax revenue went up by 3,400%, and net interest by 26,000%! Yet, most of the economic textbooks that deplore rising wages don't even mention the tax and interest pushes. And it is not because they are complex ideas — rather, they are simple and obvious — but because it would be so embarrassing for economists to admit they've made a boner of such magnitude: that their theory of monetary policy violates basic principles of scientific logic.

The creation of money

“One of the most pervasive myths about the government deficit is that governments which spend more than they receive in revenue must borrow the difference, thus increasing the public debt.

“In fact, a government can choose to create the needed additional money instead of borrowing it from the banks, the public, or foreigners.

“Business and the conservatives in politics and the media are horrified by the suggestion that the government exercise its right to create more money. They claim it would precipitate another ruinous bout of inflation.

“But money creation is money creation — whether by a private bank or the Bank of Canada. And a government in debt only to the government's own bank is not really in debt at all. If it wants to go through the rigamarole of having the Treasury «borrow» from the central bank and later pay interest, that is a minor matter of bookkeeping. As long as the central bank's profits are returned to the Treasury, the results are much the same as if the Treasury had created the money itself.

“There is no reason why the growth of Canada's money supply (averaging about $22 billion annually in recent years) could not be more substantially created by the Bank of Canada. If that policy had been followed, the federal government would not have been obliged to add to its debts to pay interest on old debts. Instead, the Bank of Canada has produced barely 2% of the money added in recent years, while the chartered banks added the rest as they made loans to households, businesses, and all levels of government. At the very least, the Bank of Canada and the chartered banks should share the privilege of creating money on a 50-50 basis.

“Those who dismiss such a proposal as «inflationary» should be required to explain why it would be more inflationary for the government's bank to create $11 billion and the private banks $11 billion, rather than the present practice of having the government's bank create $0.7 billion and the private banks $21.3 billion!

“Clearly the current problem of the Canadian government's deficit is not its absolute size, or its size relative to the GDP, but the insane way it is being financed. A return to the policies of the World War II era, when the Bank of Canada produced almost one-half of the new money at near-zero interest, would do wonders for the economy, while greatly shrinking the deficit... The first order of business for a post-Mulroney-era government must be to regain effective control of the Bank of Canada and make it the primary source of money creation.

.....(by Harold Chorney, John Hotson, and Mario Seccareccia, 1995)
Click to expand...

Mr. Kevin O'Leary...... do you think that perhaps Premier Stephen McNeil is so scared to
let Prime Minister Justin Trudeau know that his dad wasn't perfect that he is here squabbling
with Nova Scotia's teachers over nickels and dimes when he really should be discussing
much more serious issues?

DennisTate · Feb 10, 2017

Mr. Kevin O'Leary:
Premier Stephen McNeil:

I have been scratching my head for about twenty years trying to figure out
why in the world Prime Minister Pierre E. Trudeau, (who I incidentally remember
voting for on occasion), would make such a serious error?

...... Did P. M. Pierre E. Trudeau
in 1974 DELIBERATELY set in motion a serious
inflationary cycle in Canada in order to devalue hydro-electric
power from Labrador..... and old age security pension checks.... and....
the Canadian dollar itself... .and...... every form of fixed income in
Canada?????!

I get a headache wondering if that is what really happened back then?!
Click to expand...

Just a few weeks ago a new thought occurred to me,
was Prime Minister Pierre E. Trudeau so fearful of the NDP
electing a Prime Minister that the whole thing about seemingly deliberately wrecking the
economy might have perhaps been largely to make potential Prime Minister
Tommy Douglas or Ed Broadbent virtually powerless when they would perhaps
get elected to Canada's highest office???????

https://en.wikipedia.org/wiki/Tommy_Douglas

Thomas Clement "Tommy" Douglas, PC CC SOM (20 October 1904 – 24 February 1986) was a Canadian social democratic politician and Baptist minister. He was elected to the Canadian House of Commons in 1935 as a member of the Co-operative Commonwealth Federation (CCF). He left federal politics to become the Saskatchewan CCF's leader and then the seventh Premier of Saskatchewan from 1944 to 1961. His government was the first social democratic government in North America, and it introduced the continent's first single-payer, universal health care program.

After setting up Saskatchewan's medicare program, Douglas stepped down as premier and ran to lead the newly formed federal New Democratic Party (NDP), the successor party of the National CCF. He was elected as its first federal leader in 1961. Although Douglas never led the party to government, through much of his tenure, the party held the balance of power in the House of Commons. He was noted as being the main opposition to the imposition of the War Measures Act during the 1970 October Crisis. He resigned as leader the next year, but remained as a Member of Parliament until 1979.
Click to expand...

.......
https://en.wikipedia.org/wiki/Ed_Broadbent

John Edward "Ed" Broadbent, PC CC (born March 21, 1936) is a Canadian social-democratic politician and political scientist. He was leader of the New Democratic Party of Canada (NDP) from 1975 to 1989. In the 2004 federal election, he returned to Parliament for one additional term as the Member of Parliament for Ottawa Centre.
Click to expand...

Or was it perhaps rhetoric coming out of Toronto that so terrified P. M. Pierre Trudeau
into making such a serious error?

https://en.wikipedia.org/wiki/Jack_Layton

John Gilbert "Jack" Layton, PC (July 18, 1950 – August 22, 2011) was a Canadian politician and Leader of the Official Opposition. He was leader of the New Democratic Party from 2003 to 2011, and previously sat on Toronto City Council, occasionally holding the title of acting mayor or deputy mayor of Toronto during his tenure as city councillor.[2] He was the Member of Parliament for Toronto—Danforth from 2004 until his death.
Click to expand...

I personally am extremely impressed by how Mr Jack Layton managed to
summarize this subject in only one sentence.

"We never should have privatized our debt and turned it over to the
private banks, we should have kept it in the hands of the Bank of Canada,
at least a major part of it, because then we would have been paying
interest back to ourselves." (NDP Leader Jack Layton)
Click to expand...

Oh Canada Movie 6 - Banking - 5
https://www.youtube.com/watch?v=i1HfKIvmZGU

DennisTate · Mar 27, 2017

Dennis --

I had an amazing trip this week with the fantastic people in Atlantic Canada. From Fredericton, NB to St. John’s, NL, people told me they are fed up with the reckless actions of the Trudeau government and the lousy leadership of Atlantic Canada’s Liberal premiers.

Let me set the record straight and be clear about my vision for the region.

Atlantic Canada has not come close to reaching its full economic potential because the federal government is holding it back and ineffective and incompetent provincial premiers do nothing to try to improve things.

Trudeau and his 32 Liberal trained seals take this region for granted. These politicians sit in their plush offices in Ottawa, and can’t see the economic powerhouse that is within our grasp if they were only prepared to do something different.

An O’Leary government will never lose sight of how important Atlantic Canada is.

I am singularly focused on growing the Canadian economy by 3% and that can only happen if Atlantic Canada develops its vast natural resources and unleashes its economic advantage.

I’m not going to change the formula for equalization payments, I am going to help grow the Atlantic economy so you don’t even need them.

How? By incentivising the provincial governments to do the right thing.

An O’Leary government will allow the provinces to keep 100% of the royalties collected from all off-shore resource extraction. This will have a dramatic effect on provincial treasuries, and allow the provinces to lower their personal and corporate taxes, and make their economies more competitive. It will also encourage the provinces to maximize the potential of their natural resources in a responsible way. That is the carrot.

And if the provinces show they need adult supervision by refusing to lower their taxes and make their economies more competitive, then I will not hesitate to use the leverage of transfer payments to ensure the provincial governments act in a fashion that enhances growth and job creation. That is the stick.

I am tired of politicians who squander our economic potential. Provinces have their area of jurisdiction, yes, but it is the federal government who has the power over trade and commerce and I won’ just turn a blind eye to bad provincial policies.

The goal of every region should be less reliance on equalization payments, but that can only happen if Justin Trudeau and his Liberal government recognize the importance of this region.

I want to unlock the economic potential of Atlantic Canada. I want to attract massive private sector investment and create thousands of good paying jobs.

But I can only lead Atlantic Canada to the prosperity we all desire if you buy a CPC membership so you can vote for me. We have only 6 days until the membership cut off.

.......

Sincerely,

Kevin O'Leary
Click to expand...

Within a few weeks I will be able to cast my ballot for my favourite choices
for National Leader of Canada's Conservative Party and I am certainly
going to make Mr. Kevin O'Leary one of my top three choices.

These open letters that he is writing are extremely useful to any of us
who attempt to get Canadians more active politically and socially.

vman12 · Mar 27, 2017

Sounds like Trump-Lite.

DennisTate · Mar 27, 2017

vman12 said: ↑

Sounds like Trump-Lite.
Click to expand...

Which to my thinking......
sounds so much more attractive at this time than "Obama-Lite."

apers3312 · Mar 27, 2017

the big concern right now is that the government has to stop taxing their way to success.

It's been the thing in Canada for a long time. all the government now and in past have been doing is swishing the same money around like political wack-a-mole.

we also need to keep healthcare stable. it seems like little bits at a time things are being removed from OHIP and are paid for by supplemental insurance. I feel like slowly insurance companies are going to start paying government officials here to keep that trend going, like they did in the USA.

I wouldn't mind, but I know that our taxes are not going to go down as a result.

With such a diverse portfolio of resources, why did the tanking of oil nearly devastate the economy?

Why are aboriginals still holding the government ransom. if they want their land leave them to manage it the way they want to. On one hand they don't want government intervention, but on the other hand they want the government to manage their amenities.

Whichever government that is in power needs to do a better job at holding the reigns on stuff like that. It's easy to criticize and the population falls for it every election.

BTW, I don't think Oleary will make as good of a president as he would being a trade and business advisor. And Leitch is Alt.-Right but would make a great women's right advisor.

Politics have become too Hollywood. Why don't we actually elect someone qualified for the job. In the real world if I walked into a job interview to be an accountant, but my previous experience was in aerospace. do you think I will get the job?

DennisTate · Sep 15, 2018

I could be wrong.... but Calgary Dollars......
could be the perfect tool to assist in the transfer of huge sums of USA petro- dollars.........
over to a proposed Canadian, Israeli and Australian plan that could keep the petro- dollar strong and stable.

http://www.politicalforum.com/index.php?threads/should-sorek-2-be-in-australia-or-california.530861/
Should Sorek 2 be in Australia or California?

DennisTate · Sep 15, 2018

vman12 said: ↑

Sounds like Trump-Lite.
Click to expand...

The geography of Nova Scotia certainly could turn out to be relevant to President Trump and all Americans.

http://www.politicalforum.com/index...ump-has-a-4-3-trillion-dollar-problem.531929/

P. M. Netanyahu, President Trump has a 4.3 trillion dollar problem....

DennisTate · Oct 9, 2018

vman12 said: ↑

Sounds like Trump-Lite.
Click to expand...

Could be.... I wonder if this article is true.......
or fake news?

https://digitaltechrock.com/dynamic/champ/cnntech-kevinoleary/?name=Bitcoin+Revolution

Kevin O'Leary To Quit Shark Tank, Jumps On Financial Tech

Mr.Wonderful – Kevin O’Leary has just announced that he is about to finish his involvement with Shark Tank to make way for a new venture that he believes will change the world more than Shark Tank has ever been able to. His new company is called the Bitcoin Revolution, and even though he did not come up with the idea, he invested $ 770 million in it, allowing him to control all Bitcoin Revolution decisions.

Before we go into details about Bitcoin Revolution , let's explain exactly who Kevin O’Leary is. Kevin O’Leary is most known for being the center of the popular TV show, Shark Tank. However he has also created and sold many different businesses, including his most famous “The Learning Company” for millions. He invests in different businesses and has also entered the political sphere.
Click to expand...

DennisTate · Oct 27, 2018

I sent an e-mail to Premier Stephen McNeil just this morning and copied the message to this yahoo group:

https://groups.yahoo.com/neo/groups/Tate4CentralNova/conversations/messages/3672

"Isthmus of Chignecto Relief Channel Re: Cap and Trade will Protect Nova Scotian's Pocketbooks"

Honorable Minister McNeil:

I would love to be proven to be incorrect but.......
I am fairly certain that a Cap and Trade Program will do very little over the short term to
protect the Isthmus of Chignecto from the threat of rising tide levels?

I would like to introduce you to the idea for a Relief Channel that has been proposed by Mr. Mervyn DePendleton who lives in Ontario:
Click to expand...

http://www.politicalforum.com/index...ten-cms-3-or-4-inches-could-high-tide.543690/
If average ocean levels rose by eight to ten cms (3 or 4 inches) could high tide...
... rise by one meter in the Isthmus of Chignecto in Nova Scotia, Canada?

This question is logical because the geography of Canada's Bay of Fundy produces the world's highest tides. In my part of Nova Scotia in Guysborough County there is very little funnelling of tidal waters......... so high tide is only about one to one point five meters above low tide.

In the eastern area of the Bay of Fundy high tide levels are up by ten to fifteen meters.

(Mervyn DePendleton) :

"Well from an engineering point of view if it was a sure thing and time would allow the answer is not going to be try to air condition the Antarctic. I would think in terms of cutting a relief channel. That would be between Sackville and Amherst would be to excavate a canal that would only start to receive water when the tide is up approximately the half of normal height and this canal would have to continue sloping down and terminate in the Gulf of St. Lawrence across from PEI.

No doubt such an undertaking would get bad reviews from a lot of environmentalist but it could save some of the low level human habitation on the banks of the Bay of Fundy. When I visited the area I remember on the N.B. side that there was a lot of high ground as you went inland from the shore of the Bay.

Another approach would be to think like the Seaway Project where Cardinal and Morrisburg and lots of farms and places on the Canadian side of the St. Lawrence were moved and the land flooded with the power dam near Cornwall. The idea with Fundy would in the energy extraction view would be to tell all the low land people to hit it, your property is ruined. At the sea entrance somewhere more in the direction toward St. John to create a one way valve type mechanism. Let the tide water come rushing and don't let it leave right away. When the tide forces have receded then release the water through turbines to generate electricity. From half tide to low tide and back to just coming back again all the stored water has to be used. It might also be possible to get some energy out of the water when it is rushing in at high tide.

I'm sure some high math and some good engineers could get the greatest benefit possible from conditions we otherwise cannot control. Also do not give up on the earth getting ever hotter as it may well be cooling for a while before us. All the end of world alarmist like Paul Ehrlich and the peak oil we would be burning camel dung by 1999 alarmist have all failed miserably in their predictions. The big problem with all of them is that they are trying to tell us something about the future. Conservative minded people know the secret, if you want to predict the future get out in front of it and do something to shape the future with your own hands.

A good place to get better views of the climate future is here:" (Mervyn DePendleton)
Click to expand...

Thank you for considering this option Sir.

Kind regards,

Dennis Tate
On Tuesday, October 23, 2018, 8:01:00 p.m. ADT, Hon. Stephen McNeil <office
@liberal.ns.ca> wrote:

View as Webpage

‌ ‌ ‌

Greetings Dennis,

Nova Scotia will continue to be a national leader in climate change. Your Liberal government’s cap-and-trade program will preserve the environment for future generations while protecting the pocketbooks of Nova Scotians.
In 2016, the federal government announced all provinces and territories must put a price on carbon pollution to help fight climate change and gave them three choices: a carbon tax, a cap-and-trade program or a blend of the two.
Today, the federal government accepted Nova Scotia’s cap-and-trade program, which will reduce emissions with very minimal cost to Nova Scotians – and is far less than the federal approach to carbon pricing. The program will begin Jan. 1, 2019.

Cap-and-trade will increase electricity rates by about 1%, versus about 8% by 2022 under the federal plan. It will add about 1 cent per litre to the price of gas, compared with about 11 cents per litre by 2022 under the federal plan.

Thanks to the hard work of Nova Scotians, our province is already a national leader in the fight against climate change, surpassing the federal target of reducing Nova Scotia’s emissions by 30% below 2005 levels by 2030.

We want to keep building on that success. Today your Liberal government set one of the most ambitious GHG reduction rates in the country while protecting the pocketbooks of Nova Scotians. We will reduce GHG emissions by 45-50% below 2005 levels by 2030, and cap-and-trade will help us get there.

To find out more click here.

Sincerely,
Click to expand...

Log in or Sign up

Kevin O'Leary: Open Letter to the Premier of Nova Scotia

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

vman12 Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

apers3312 Active Member

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

Share This Page

Log in or Sign up

Kevin O'Leary: Open Letter to the Premier of Nova Scotia

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

vman12 Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

apers3312 Active Member

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

DennisTate Well-Known Member Past Donor

Share This Page

Useful Searches