Category Archives: Finances

What did the 2025 Budget Mean for North Island Powell River?

See: Liberal Budget survives Non-confidence vote 

Monday November 17, 2025 – Prime Minister Mark Carney’s government is expected to face another non-confidence motion today. This will be the third non-confidence motion this month, which the opposition parties have made in regard to the 2025 budget. In this morning’s interview, Jennifer Lash, the liberal candidate for this riding during the last election, explains why the budget is good for North Island Powell River, and why it’s good for climate action.  

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The Quadra Project – Planetary Solvency

Actuaries are the people who compile and analyze statistics and use them to calculate insurance risks and premiums. Their studies are finely honed, and because billions of dollars of profits and losses are determined by their conclusions, they are as objective and precise as any in our modern world.

Actuaries now have a sobering view of the world’s economic future if the urgency of global climate change is not addressed. The risk is that the global economy could face a 50% loss in GDP between 2070 and 2090 if immediate policy action is not taken on the climate crisis.

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Folk U: Chatter the matters

Tune in on October 10th for a special episode of FolkU radio, where we listen to an episode of another talk show, Chatter That Matters, by Tony Chapman. This episode features a conversation with Zita Cobb about the story arch of her home in Newfoundland, Fogo Island. This is a discussion about tourism, circular economies, community, and rurality. Introduction by Manda Aufochs-Gillespie.

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Economic History – The Quadra Project

History defines the present with a clarity that is unavailable by any other measure. This became particularly obvious in “The Economics of Superintelligence” and “Eureka All Day Long”, two articles in the July 26th edition of The Economist, in which the digital pundits of Silicon Valley are trying to prepare us for the possible economic impact of artificial intelligence on our modern world. But, to do this, the author or authors of the articles (unidentified) have provided us with some pertinent economic history of the West to provide an illuminating context.

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The Quadra Project: Globalization – Part 1

Peter Zeihan, in his 2022 book, The End of the World is Just the Beginning: Mapping the Collapse of Globalization, offers an insightful and credible explanation for the globalization process that affects us all, and is becoming increasingly relevant because of global economic, political and environmental factors. Although his book might exaggerate the importance of America, his ideas deserve our attention because they provide a framework for illuminating other related subjects.

At the end of World War II, in 1945, the world was in a political and economic mess. Although Germany and Japan had been defeated, most of the rest of the world had been heavily damaged by the conflict. In the East, an imperial Japan was in ruin, as was China after the Japanese invasion of its northern territories. In Europe, Germany, too, was in ruin. Great Britain, Italy, France, Russia and their many adjacent countries had been heavily damaged.

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