dimanche 6 avril 2025

SUNDAY IN TOWN

SUNDAY IN TOWN- 
By Bernard Bujold- 
I like to take advantage of the weekend to go for a walk in the city. My three faithful companions and I had thought of going for a walk on this Sunday afternoon of April 6 at the foot of Mont Royal, but we chose downtown instead, and in particular the Indigo bookshop. It's quieter than Mount Royal, where it's often crowded... 
A great discovery, Mark Carney's VALUE(S) is the book of the hour... I already have a copy on my bedside table, but I've bought a few extra copies to give to friends. 
Have a good week and “Long live election campaigns...” 
https://www.indigo.ca/en-ca/values-building-a-better-world-for-all/9780771051555.html

THE AGE OF ARTISTS

THE AGE OF ARTISTS... 
By Bernard Bujold - 
In another part of my life, I loved to rub shoulders with artists and developed many friendships in the process. One of those friends was singer Manon d'Inverness. Even though I'm now light years away from my former life, I continue to follow the evolution of my former “worlds”. and thanks to Facebook, I learned that Manon had just launched a new album in French of her songs: LA NUIT TROP NOIRE AVEC DU BLEU. 
A beautiful album by a great Quebec artist. The quality of the voice, the music, and the lyrics are of the caliber and style of Richard Desjardins, Michel Rivard, or even a group like Les Cowboys Fringants. A truly inspiring album! 
You can listen to Manon d'Inverness's album on all music platforms, including Apple Music, Spotify, and others. Good luck Manon! 
Note: My favorite song on the album, which in a way reminds me of my time with artists: DOUTER...
https://www.facebook.com/manon.dinverness

samedi 5 avril 2025

POLLS ELECTIONS CANADA 2025

POLLS AND THE CANADIAN ELECTION - 
Mark Carney's lead in the election campaign continues to grow, reaching 50.5% in polls from April 1 to 3, 2025, compared with 33.1% for Pierre Poilièvre. As of April 5, the campaign has 22 days (3 weeks) left. Stay tuned! 
https://www.ekospolitics.com/index.php/2025/04/liberals-maintain-strong-and-stable-lead/

vendredi 4 avril 2025

THE MUSIC OF SPRING 2025

THE MUSIC OF SPRING... 
By Bernard Bujold - 
April also brings new music to the gym... 
My choice is Gregorian chant with HILDEGARD von BIGEN and the album CANTICLES OF ECSTASY. It may sound strange, but Gregorian chant is perfectly suited to a gymnasium... 
Have a lovely weekend and spring 2025. 
Note: Don't forget the date of April 28... 

jeudi 3 avril 2025

THE TARIFF WAR

THE TARIFF WAR - 
By Bernard Bujold - 
Prime Minister Mark Carney has responded to the U.S. tariffs by imposing the same tariffs on American automobiles, but Carney considers that Canada has been spared reciprocal tariffs and he does not intend to attack the U.S. on this front. If elected on April 28, the Carney government will begin negotiations with the U.S. for a new complete trade agreement. According to Carney, the Donald Trump administration's tariffs are changing the global trade landscape, but we need to adapt, and he believes that we will never return to the globalism of recent years. The modern economy will become protectionist, and we'll have to live with that reality.

mercredi 2 avril 2025

THE LIBERATION DAY

THE LIBERATION DAY... 
By Bernard Bujold -
Donald Trump spared Canada in his new tariffs, but he is changing the economic map of the entire world with his protectionist tariff announcement on Wednesday, April 2. According to Canada's Prime Minister, Mark Carney, the whole world will have to adjust to the U.S. economic plan and develop independent economies. Carney will be meeting Canada's various political authorities in the next few days, after which he will announce his government's strategies. 
Observers agree that the big winner of the day is Carney and his election campaign. Trump's retreat from Canada takes all the campaign angles away from Pierre Poilièvre. 
To be continued. 
SEE THE REPORT THE WALL STREET JOURNAL 

mardi 1 avril 2025

THE WORLD ECONOMY IN 2025

BARRIERS TO TRADE RISE ALL AROUND THE WORLD-
By Bernard Bujold - 
It is not Donald Trump who started the trade war but he jumped on the train. All the economists know that the whole planet is actually in a trade war that was never seen in decades. That is why Mark Carney said that the commercial relation between Canada and the United States will never be as before because he knows that all world governments worldwide have changed from globalist to protectionist. Donald Trump is not the creator of the tariff but a follower of a trend... 
See the full story in the WALL STREET JOURNAL 
https://www.wsj.com/economy/trade/trade-war-explodes-across-world-at-pace-not-seen-in-decades-0b6d6513?st=h427mQ&reflink=desktopwebshare_permalink

lundi 31 mars 2025

SERIOUS POLITICAL CRISIS IN FRANCE

SERIOUS POLITICAL CRISIS IN FRANCE -
Marine Le Pen's conviction on Monday, March 31, 2025, and her immediate ban from running for president in April 2027 has triggered a major political crisis in France. With an average of 34% to 38% in the polls, Le Pen leads all her opponents by 10 to 20 points in most scenarios. This judicial decision by France evokes the situation of Donald Trump in the USA, who was granted immunity after his November 2024 victory. Le Pen could have enjoyed similar immunity if he had won in 2027, but the verdict, despite his appeal, eliminates that possibility for now. Many observers see this as a profound war between justice (the judges) and the popular vote (the politicians). 

MODERN POLITICIANS IN 2025

MODERN POLITICIANS... 
By Bernard Bujold - 
Many people wonder why there is a kind of respect between Donald Trump and Mark Carney. In my opinion, the link is their outlook on the economy's future, as both recognize that the world can no longer be globalist, but each country must build its own economy. With over 75.9% of Canada's exports going to the U.S. in 2024, it's clear that this was suicidal and must be changed. The U.S. exported only 17.4% of its products to Canada in 2024. Carney and Trump are perfectly aware of this abnormal situation. That's why both politicians respect each other! 
On a lighter note, we could compare the three public figures, Trump, Carney, and Elon Musk, with the Gauls from the story Asterix. Indeed, Donald and Elon are reminiscent of Obelix and Asterix. Mark Carney is more the intellectual of the group, rather like the Druid Panoramix, who is not an intimate of Obelix and Asterix, but he understands them. 
I could be Agecanonix... 
For those interested, I've taken my election poster out of the shed and put it up in the garden... 
To be continued...

dimanche 30 mars 2025

MARK CARNEY 2025

GETTING TO KNOW MARK CARNEY -
By Bernard Bujold - 
Anyone wanting to know more about Mark Carney's ideas should read his book VALUE(S), published in 2021. The book reveals a deep understanding of the mechanisms of the economy, both in modern reality and historically. Many political and financial world observers agree that the book sums up Carney's personality quite well and that it is the inspiration for his 2025 political program. I put this book on my bedside table beside Michael Ignatieff's one. 
Happy reading... 
https://www.penguinrandomhouse.ca/books/669023/values-by-mark-carney/9780771051579 

Here’s a concise summary of Value(s): Building a Better World for All by Mark Carney, In Value(s), published in 2021, Mark Carney, a prominent economist and former governor of the Bank of Canada and Bank of England, explores the growing disconnect between economic "value" (market prices) and societal "values" (ethical and human principles). He argues that modern society has shifted from a market economy—where markets serve people—to a market society, where market logic dominates, commodifying everything and eroding core human values like fairness, solidarity, and responsibility. 

The book is structured in three parts: 

Historical Context: Carney traces the evolution of economic thought on value, from objective measures (e.g., labor-based value in Adam Smith’s work) to subjective, market-driven valuations. He critiques how this shift has prioritized short-term profit over long-term societal well-being. Crises as Value Failures: He analyzes three modern crises—the 2008 financial crash, the COVID-19 pandemic, and climate change—as symptoms of this misalignment. For example, the financial crisis stemmed from unchecked greed and poor regulation, while climate change reflects a "tragedy of the horizon," where short-term thinking ignores future costs. A Path Forward: Carney proposes a framework to realign markets with human values, emphasizing seven key principles: solidarity, fairness, responsibility, resilience, sustainability, dynamism, and humility. He advocates for practical solutions like carbon pricing, sustainable investing, and purpose-driven businesses to address inequality, climate change, and economic instability. Carney’s central thesis is that markets are powerful tools but must be guided by societal values to serve humanity, not dominate it. He draws on his extensive experience in finance and policymaking to offer both a critique of neoliberalism and a vision for a more inclusive, sustainable economy. 

This summary reflects the book’s key ideas without reproducing its full 600-page scope, which blends economic history, personal anecdotes, and policy prescriptions. In Value(s), Carney critiques the overreliance on market-driven values and advocates for a system where markets serve societal goals like fairness, sustainability, and resilience. He emphasizes seven core values—solidarity, fairness, responsibility, resilience, sustainability, dynamism, and humility—as a blueprint for addressing global challenges like climate change, inequality, and economic instability. These ideas align closely with the messaging he’s deployed as a political figure in 2025, especially given the context of his snap election call on March 23, 2025, amid a trade war with the United States. During his campaign for the Liberal Party leadership (launched January 16, 2025) and his brief tenure as Prime Minister, Carney has positioned himself as a crisis manager, leveraging his experience as a central banker during the 2008 financial crisis and Brexit. 

His book’s focus on resilience and responsibility mirrors his campaign rhetoric about strengthening Canada against external threats, notably U.S. tariffs and annexation taunts from President Trump. For instance, in his victory speech on March 9, 2025, he declared, “We cannot let [Trump] succeed,” framing Canada’s economic sovereignty as a moral and practical imperative—echoing Value(s)’ call for solidarity and a purpose-driven economy. Carney’s policy moves also reflect the book’s principles. His decision to scrap the consumer carbon tax shortly after taking office on March 14, 2025, while pushing for corporate accountability on emissions, aligns with his book’s argument for shifting burdens from individuals to systemic players, promoting fairness and sustainability. His pledges to diversify trade partners (e.g., trips to the UK and France) and bolster Canadian industry (e.g., buying Canadian steel) tie into the dynamism and resilience he champions in Value(s), aiming to build a robust economy less vulnerable to U.S. pressure. The snap election announcement on March 23, 2025, for April 28, 2025, further ties into his book’s urgency about acting decisively in crises. 

In Value(s), he critiques short-term thinking—like the “tragedy of the horizon” in climate policy—and his call for a “strong, positive mandate” suggests he’s applying this long-term vision to Canada’s immediate challenges, seeking voter backing to implement his value-driven framework. In short, Carney’s campaign for Prime Minister amplifies Value(s)’ core message: markets must be harnessed to reflect human values, not dictate them. His platform—confronting Trump, rebuilding economic strength, and prioritizing sustainability—reads like a practical application of the book’s ideals, tailored to Canada’s 2025 context. Whether this resonates with voters in the upcoming election remains to be seen, but the link is clear: his campaign is an attempt to bring Value(s) from theory to policy.