Nova Scotia NDP Leader Gary Burrill spent some time in Cape Breton this week meeting with the party faithful and chatting with selected candidates for the next provincial election. On Wednesday, Burrill sat down with Cape Breton Post municipal affairs reporter David Jala to talk about Nova Scotia’s political landscape and his vision for a post-COVID economic recovery. Burrill, who has led the NDP since 2016, weighed in on a number of provincial and local issues that included equalization transfers, centralization and how to best spend economic stimulus monies.
Q: Welcome back to Cape Breton. So what the heck are you doing out and about while most people are home with the hatches battened down awaiting whatever tropical storm Teddy has to offer?
A: (laughs) Well, I remember living here as a United Church minister when I was running for the leadership of the NDP, so I am well used to driving in and out of Sydney when there are different forms of weather. The real purpose of my conversations down here this week is to talk to people about the impact of COVID and hear the many different points of view from the different sectors. We are asking what are the things that are needed from the government of this province in terms of investments as we move into this coming period of recovery.
Q: Before we delve into the NDP plan for economic recovery, what is your assessment of the McNeil government’s handling of COVID-19 in this province?
A: It’s been a mixed bag. On the substance of the public health directives, I think they’ve done a very fine job. But on the basic communication and clarity and coherence of how this is all implemented, I think that they have done a less good job and it has become less effective as time has gone on. There have been inconsistencies in coherences in their approach that have not improved public confidence and compliance. For example, when we opened up the borders between Nova Scotia, P.E.I and New Brunswick — the other provinces were way ahead of us with a whole regime in place for how to track people coming into the province. We didn’t have any of this. We were behind the 8-ball. I also think about how the economy was reopened before childcare was reopened and that caused all kinds of chaos. So, overall, I think the advice Nova Scotians got from the public health directive has been strong and we’ve been happy to participate and do our part as an opposition party, but at the same time, the core elements of good communication and coherence around that communication has been lacking.
Q: Summarize the NDP plan for economic recovery?
A: Over the past six months, we have seen that there are particular areas of our society in need of investment and in need of improvement. At the same time, we know that as we come into the recovery period, every government, everywhere, is going to have signature levels of investment and stimulus spending. So, in our view, that mega investment, that mega stimulus that is going to be required everywhere to come out of the contraction of the COVID period must be directed to those places where in the pandemic we have seen a particular need. High on this list is the whole economy of care. Regarding long-term care, another report was issued earlier this week that said we don’t have enough people to provide the adequate levels of care in our nursing homes. And that having two or three people in a nursing home room is a highway to the transmission of infection. We need to move to a place where we have one bedroom for one resident. Imagine the jobs that would be created and the economic stimulus that will be provided to the whole province. If the government directed the investment that is required in order for us to come out of this contraction to building nursing homes, where every one of those 8,000 people in long-term care in Nova Scotia had their own bathroom and where everyone had their own room, then this would be a wonderful economic development program that would fulfil a wonderful need.
Q: The NDP economic recovery plan also addresses childcare. Please elaborate.
A: The economy of care is paramount and it also applies to childcare. One of the most jarring experiences of the pandemic in Nova Scotia came three or four months ago when, as I mentioned, the economy was reopened before childcare was reopened so there was a period of a week or 10 days that families all over the province were in chaos and didn’t know what to do. So again, imagine the jobs that would be created and the overall economic development stimulus that would be produced if investments were made to provide childcare that is affordable, high quality and available across the board. Not only would you have early childhood educators going to work in all areas of the province but you’d also open the door for parents to go to work.
Q: You have stated that this present economic depression is not of the “garden variety type” and that the road to recovery must be mapped out more differently than other depressions of recent years.
A: I think it’s important to recognize the unique character of the present economic moment. This is not the 08-09 recession, this is not the dot.com bubble of 20 years ago, anybody under the age of 85 has never experienced an economic contraction like we are in at the moment. This is a Depression-level contraction. So, it changes the economic conversation for us. For years that conversation has included questions like how are you going to pay for it, where are you going to get the money, but in this moment, every jurisdiction in the western world, every province, every state, every nation is going to move into a deficit position. So the question is no longer about whether or not there is a deficit, that is no longer in the conversation. The question now is what are you going to do with the deficit you are going to have. What we are saying is spread that stimulus to places where, during the pandemic, we have seen a particular need. How better to direct investment and economic development than to develop the local jobs that would be created by a major investment in commercial and residential building retrofitting, and in local renewable energy production. These are major job creation programs, major economic development programs and major stimulus programs that could address exactly the needs of the present moment.
Q: Stephen McNeil is stepping down as the premier of Nova Scotia after a 17-year run as Liberal leader and seven years as premier. How does his pending departure affect your party as it prepares for the next provincial election?
A: I think it has created a moment of real volatility and fluidity in which anything can happen. And because of COVID, we were already in a moment of that kind. So, overall, so many of the fixed points on our political landscape aren’t fixed at this time, they’re not in cement, they’re floating all everywhere, there’s a fluidity and a possibility that has been deepened and underlined by the resignation of the premier. We’re now in a situation where anything is possible.
Q: There is a possibility there could be a provincial election as early as next spring. Given that, how would you describe your party’s election readiness?
A: We’re excited about our candidates. We’re excited to have nominated former CBRM mayor John Morgan to run in Glace Bay, we’ll nominate Kendra Coombes again in Cape Breton Centre where she is the incumbent and we’re excited to have Madonna Doucette back running in Sydney-Membertou. We have about half of our Cape Breton slate ready, so the team is coming together well.
Q: The issue of federal equalization transfers has become a hot topic in the Cape Breton Regional Municipality. Many residents believe the CBRM deserves more than the $15 million it gets annually from the province which in turn receives a yearly equalization transfer payment of more than $2 billion from the federal government. PC Leader Tim Houston said that if elected premier he plans to double it and then negotiate. What’s your position?
A: We cannot have success as a province that has two cities, one of which has had an inordinate concentration of decision-making and power and the other, the CBRM, does not have the capacity to direct its fundamental affairs. We need a system that municipalities can derive their revenue in such a way as to provide comparable levels of service for comparable levels of taxation. That’s what equalization means and is what we support.
Q: What message do you have for Cape Breton residents who feel the CBRM is being ignored by the province of Nova Scotia?
A: We are living in the midst of the greatest centralization that has ever taken place in Nova Scotia history. In the seven years since the Liberals came to power in 2013, there has been this hyper-concentrated withdrawal of decision-making power from the communities and municipalities across the province. Those powers have been relocated to Halifax. So, in those seven short years, we have seen the abolition of local school boards that was replaced with a Halifax-based advisory council of education. We have seen the abolition of the local district health authorities that was replaced with the Halifax-based Nova Scotia Health. We have seen the abolition of the department of regional and rural development that was replaced by the Halifax-based department of business. In our judgment, this is not a model that accords to the nature of Nova Scotia. This province is by nature a highly decentralized society. What works on the South Shore won’t necessarily work the same way on the Eastern Shore or the Acadian Shore. Previous generations devised systems that had local decision-making power for things like health and education. So, when people in Cape Breton say that they have lost their voice, they are absolutely right, they are absolutely describing the processes that occurred over the past seven years. The present government dedicated itself to a program of withdrawing and shutting down local voices across the province and relocating them to Halifax. In our view, the road forward for the province has to be one of re-establishing the integrity and the capacity at local levels across Nova Scotia.
Q: What is your favourite sport? Are you any good at it? And, do you have a favourite team you cheer on?
A: I’ve coached baseball for many, many years. I love ball and have worked with a lot of kids, but I am a singularly poor ballplayer. And, I never cheered for the Expos or Blue Jays. I’m from Yarmouth so I grew up cheering for the Boston Red Sox. My other favourite team, of course, is the Cape Breton Eagles. They are a big part of the community. When I lived here, I knew never to schedule any church meetings on a game night. That would have been a no-no.
NEW YORK (AP) — Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House.
Tesla stands to make significant gains under a Trump administration with the threat of diminished subsidies for alternative energy and electric vehicles doing the most harm to smaller competitors. Trump’s plans for extensive tariffs on Chinese imports make it less likely that Chinese EVs will be sold in bulk in the U.S. anytime soon.
“Tesla has the scale and scope that is unmatched,” said Wedbush analyst Dan Ives, in a note to investors. “This dynamic could give Musk and Tesla a clear competitive advantage in a non-EV subsidy environment, coupled by likely higher China tariffs that would continue to push away cheaper Chinese EV players.”
Tesla shares jumped 14.8% Wednesday while shares of rival electric vehicle makers tumbled. Nio, based in Shanghai, fell 5.3%. Shares of electric truck maker Rivian dropped 8.3% and Lucid Group fell 5.3%.
Tesla dominates sales of electric vehicles in the U.S, with 48.9% in market share through the middle of 2024, according to the U.S. Energy Information Administration.
Subsidies for clean energy are part of the Inflation Reduction Act, signed into law by President Joe Biden in 2022. It included tax credits for manufacturing, along with tax credits for consumers of electric vehicles.
Musk was one of Trump’s biggest donors, spending at least $119 million mobilizing Trump’s supporters to back the Republican nominee. He also pledged to give away $1 million a day to voters signing a petition for his political action committee.
In some ways, it has been a rocky year for Tesla, with sales and profit declining through the first half of the year. Profit did rise 17.3% in the third quarter.
The U.S. opened an investigation into the company’s “Full Self-Driving” system after reports of crashes in low-visibility conditions, including one that killed a pedestrian. The investigation covers roughly 2.4 million Teslas from the 2016 through 2024 model years.
And investors sent company shares tumbling last month after Tesla unveiled its long-awaited robotaxi at a Hollywood studio Thursday night, seeing not much progress at Tesla on autonomous vehicles while other companies have been making notable progress.
TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 103.40 points at 24,542.48.
In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.
The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.
The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.
The S&P/TSX composite index was up 205.86 points at 24,508.12.
In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.
The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.
The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.
The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.
This report by The Canadian Press was first published Oct. 11, 2024.
