Corporate Canada betrayed capitalism. Now it has been betrayed

Todayville

Published

2 months ago

7 minute read

The original Battlestar Galactica, a campy space opera, debuted on network television in 1978. Canadian actor John Colicos played the traitor Baltar, who helps robot Cylons ambush human civilization. After humans have been almost wiped out, Baltar is hauled before the Cylons’ Imperious Leader. “What of our bargain?!” Baltar demands. “My colony was to be spared!” The Leader says he has altered the bargain. “How can you change one side of a bargain?!” Baltar spits, not getting it. “When there is no other side,” the robot tells him, “You have missed the entire point of the war. There can be no survivors.” “Surely,” Baltar stammers, finally understanding, “you don’t mean me.”

Corporate Canada should know the feeling. After years of colluding with climate hysteria and betraying capitalism, Canadian companies have been dumped at the curb.

On June 20, Bill C-59 received Royal Assent. It’s a hodgepodge bill of humdrum provisions, hundreds of pages long, related to last year’s spring federal budget and fall economic statement. But buried in the stack are two sections that prohibit “greenwashing.” Businesses cannot claim that their products or practices help to protect against climate change or provide other environmental benefits unless they can prove the claims are true. The provisions amend the Competition Act and make climate and other environmental claims subject to the same regulatory regime as false advertising.

Companies and industry associations have taken down climate pledges and environmental commitments from their websites and social media. “Ottawa’s ban on ‘greenwashing’ has already put a chill on climate disclosure targets,” objected Deborah Yedlin, president and CEO of the Calgary Chamber of Commerce, in a commentary for CTV. It will affect the entire economy, she wrote, add bureaucratic burden, halt investment, and weigh on Canada’s sagging productivity. Corporate Canada has lost its climate bargain.

Over the course of decades, Western countries, but nowhere more than Canada, have undergone a cultural revolution. Accelerating climate activism, aggressive social justice ideology and managerial government have changed the landscape. Business elites, instead of defending capitalism, competition, open markets, the rule of law and other values of Western civilization, decided to switch rather than fight. To protect their own prosperity and influence, corporate leaders learned to speak the language and adopt the norms of progressive collectivism. They became cheerleaders for the new regime. Many came to believe in it themselves.

Companies took on new roles. The social responsibility of business became not merely to increase its profits, as Milton Friedman famously insisted, but to serve as social welfare agencies. They were not just to obey the law and deliver products and services that people wanted to buy, but to pursue social and environmental causes. They would serve the interests not just of their shareholders but their “stakeholders,” as “Environmental, Social and Governance” (ESG) models demanded.

In their marketing and rhetoric, they embraced climate action, corporate social responsibility, social licence, “equity, diversity and inclusion” (EDI) and social justice. They promoted the United Nations Sustainable Development Goals (SDGs), which are a blueprint for socialist managerialism. The Business Council of Canada endorsed carbon pricing and Canada’s climate plans. Major oil companies promoted net zero and repeated the kinds of claims that governments themselves made: that climate action in Canada helps to prevent the climate from changing.

Such claims are patently false. Even if you believe in anthropogenic climate change, if your country doesn’t contribute much to the problem, cutting its contribution isn’t a solution. Bringing Canadian carbon emissions to zero would make no measurable difference to anything. Countries that together produce far and away most of the emissions on Earth have no intention of changing their paths. And who can blame them? If I were them, I would do the same.

Canada excels at climate boondoggles. Carbon taxes are just more money for government coffers that do not necessarily reduce emissions, if that actually mattered.

Wind and solar power, a lucrative source of government largesse that some businesses have adeptly saddled up to, don’t replace fossil fuels. Carbon capture and storage, perhaps the most pathetic pretend of them all, is a breathtakingly expensive symbolic gesture that cannot be applied at scale. The Paris accord and its net zero aspirations are climate fairy tales.

Canadian business leaders would never say any of this. That was the deal: pay homage to the climate gods, and you can be on the team. But now they can’t.

Progressive statism has never been about the climate, or transgenderism, or whatever the cause du jour. The target has always been Western values and principles. Free enterprise is anathema to its aspirations, and as it turns out, so is prosperity itself. Canadian companies have betrayed the economic principles of their own society. How does government change one side of a bargain? When there is no other side.

The Canadian business community still does not understand the point of the revolution. There can be no survivors. Surely, they sputter, you don’t mean us.

Author:

Bruce Pardy

Professor of Law, Queen’s University

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Business

Molson Coors beer company walks back DEI policy after being exposed on X

Published on September 6, 2024

Todayville

From LifeSiteNews

By Anthony Murdoch

An internal memo from brewing giant Molson Coors Beverage Co. reveals that the company is abandoning its DEI hiring and promotion processes, meaning it will no longer be making decisions based on race, sexuality or other categories.

Brewing giant Molson Coors Beverage Co., a large Canadian-American multinational company, will be dropping its woke corporate diversity, equity, and inclusion (DEI) policies after it received backlash online following an exposé by a popular conservative activist.

A recently revealed internal memo says that the company’s DEI employee training process has been discontinued, and as such it will no longer have specific “representation goals” in how it hires new people.

The company, as per a Canadian Press report, will also no longer be participating in the Human Rights Campaign ranking program. The Human Rights Campaign is an LGBT advocacy group that ranks companies based on how “inclusive” their workplaces are.

According to Molson Coors, it will now follow its own internal metrics to develop a “strong workplace where everyone can thrive.”

Robby Starbuck, a conservative activist and filmmaker, had earlier called out Molson Coors for its woke DEI policies, noting on X on September 3 that he recently “let them know that I planned to expose their woke policies.”

Big news: Last week I messaged executives from @CoorsLight @MolsonCoors to let them know that I planned to expose their woke policies. Today they’re preemptively making changes.

Here are the changes:

• Ending participation in the @HRC’s woke Corporate Equality Index social… pic.twitter.com/RuOVb1IuNU

— Robby Starbuck (@robbystarbuck) September 3, 2024

“Today they’re preemptively making changes,” he wrote.

Starbuck said that the coming changes include, “Ending participation in the @HRC’s woke Corporate Equality Index social credit system,” as well as “No more DEI based training programs.”

Also gone will be donations to “divisive events.” There will also be no more “supplier diversity goals” as well as “executive/employee compensation tied to DEI hiring goals.”

As reported by LifeSiteNews, over the past decade left-wing activists have used DEI dogma as well as “environmental, social, & governance” (ESG) standards to encourage major Canadian and U.S. corporations to take particular stands when it comes to both political and cultural issues, notably in promotion of homosexuality, transgenderism, race relations, the environment, and abortion. 

Agriculture

P&H Group building $241-million flour milling facility in Red Deer County.

Published on September 6, 2024

Government of Alberta

P&H Milling Group has qualified for the Agri-Processing Investment Tax Credit program

Alberta’s food processing sector is the second-largest manufacturing industry in the province and the flour milling industry plays an important role within the sector, generating millions in annual economic impact and creating thousands of jobs. As Canada’s population continues to increase, demand for high-quality wheat flour products is expected to rise. With Alberta farmers growing about one-third of Canada’s wheat crops, the province is well-positioned to help meet this demand.

Alberta’s Agri-Processing Investment Tax Credit program is supporting this growing sector by helping to attract a new wheat flour milling business to Red Deer County. P&H Milling Group, a division of Parrish & Heimbecker, Limited, is constructing a $241-million facility in the hamlet of Springbrook to mill about 750 metric tonnes of wheat from western Canadian farmers into flour, every single day. The new facility will complement the company’s wheat and durum milling operation in Lethbridge.

“P&H Milling Group’s new flour mill project is proof our Agri-Processing Investment Tax Credit program is doing its job to attract large-scale investments in value-added agricultural manufacturing. With incentives like the ag tax credit, we’re providing the right conditions for processors to invest in Alberta, expand their business and help stimulate our economy.”

RJ Sigurdson, Minister of Agriculture and Irrigation

P&H Milling Group’s project is expected to create about 27 permanent and 200 temporary jobs. Byproducts from the milling process will be sold to the livestock feed industry across Canada to create products for cattle, poultry, swine, bison, goats and fish. The new facility will also have capacity to add two more flour mills as demand for product increases in the future.

“This new facility not only strengthens our position in the Canadian milling industry, but also boostsAlberta’s baking industry by supplying high-quality flour to a diverse range of customers. We are proud to contribute to the local economy and support the agricultural community by sourcing 230,000 metric tonnes of locally grown wheat each year.”

John Heimbecker, CEO, Parrish & Heimbecker, Limited

To be considered for the tax credit program, corporations must invest at least $10 million in a project to build or expand a value-added agri-processing facility in Alberta. The program offers a 12 per cent non-refundable tax credit based on eligible capital expenditures. Through this program, Alberta’s government has granted P&H Milling Group conditional approval for a tax credit estimated at $27.3 million.

“We are grateful P&H Milling Group chose to build here in Red Deer County. This partnership willbolster our local economy and showcase our prime centralized location in Alberta, an advantage that facilitates efficient operations and distribution.”

Jim Wood, mayor, Red Deer County

Quick facts

In 2023, Alberta’s food processing sector generated $24.3 billion in sales, making it the province’s second-largest manufacturing industry, behind petroleum and coal.
That same year, just over three million metric tonnes of milled wheat and more than 2.3 million metric tonnes of wheat flour was manufactured in Canada.
Alberta’s milled wheat and meslin flour exports increased from $8.6 million in 2019 to $19.8 million in 2023, a 130.2 per cent increase.
Demand for flour products rose in Alberta from 2019 to 2022, with retail sales increasing by 24 per cent during that period.
Alberta’s flour milling industry generated about $840.7 million in economic impact and created more than 2,200 jobs on average between 2018 and 2021.
Alberta farmers produced 9.3 million metric tonnes of wheat in 2023, representing 29.2 per cent of total Canadian production.