Business
Troubled Monk, Stride, and KCB Cabinets big winners at 2020 Business of the Year Awards
From the Red Deer & District Chamber of Commerce
Red Deer Businesses receive prestigious awards
The Red Deer & District Chamber of Commerce announced the 2020 Business of the Year Awards to five recipients at their 37th Business of the Year Awards held at the Cambridge Red Deer Hotel & Conference Centre. An independent adjudication committee comprised of local business leaders selected 15 finalists from more than 93 nominees in this annual celebration of business excellence.
In the 1-10 full-time equivalent employees’ category, – KCB Cabinets & Renovations
For the 11-20 full-time equivalent employees’ category – Stride Physiotherapy and Wellness
In the 21 or more full-time equivalent employees’ category – Troubled Monk.
For the Young Entrepreneur category – Sol Invictus Energy
And the Non-Profit Award category – The Lending Cupboard.
Businesses are nominated by the public, and chamber volunteers interview nominees to develop material for the adjudication committee. The committee then conducts a comprehensive evaluation to determine the finalists. As an outcome of this process, the winners are also determined, however the results are sealed and embargoed until the awards ceremony.
The Red Deer & District Chamber of Commerce is a collaborative leader in building a vibrant community and fosters an environment where businesses can lead, be innovative, sustainable, and grow.
Business
EU Tightens Social Media Censorship Screw With Upcoming Mandatory “Disinformation” Rules
From Reclaim The Net
This refers not only to spreading “fact-checking” across the EU member-countries but also to making VLOPs finance these groups. This, is despite the fact many of the most prominent “fact-checkers” have been consistently accused of fostering censorship instead of checking content for accuracy in an unbiased manner.
What started out as the EU’s “voluntary code of practice” concerning “disinformation” – affecting tech/social media companies – is now set to turn into a mandatory code of conduct for the most influential and widely-used ones.
The news was revealed by the Irish media regulator, specifically an official of its digital services, Paul Gordon, who spoke to journalists in Brussels. The EU Commission has yet to confirm that January will be the date when the current code will be “formalized” in this way.
The legislation that would enable the “transition” is the controversial Digital Services Act (DSA), which critics often refer to as the “EU online censorship law,” the enforcement of which started in February of this year.
The “voluntary” code is at this time signed by 44 tech companies, and should it become mandatory in January 2025, it will apply to those the EU defines as Very Large Online Platforms (VLOPs) (with at least 45 million monthly active users in the 27-nation bloc).
Currently, the number of such platforms is said to be 25.
In its present form, the DSA’s provisions obligate online platforms to carry out “disinformation”-related risk assessments and reveal what measures they are taking to mitigate any risks revealed by these assessments.
But when the code switches from “voluntary” to mandatory, these obligations will also include other requirements: demonetizing the dissemination of “disinformation”; platforms, civil society groups, and fact-checkers “effectively cooperating” during elections, once again to address “disinformation” – and, “empowering” fact-checkers.
This refers not only to spreading “fact-checking” across the EU member-countries but also to making VLOPs finance these groups. This, is despite the fact many of the most prominent “fact-checkers” have been consistently accused of fostering censorship instead of checking content for accuracy in an unbiased manner.
The code was first introduced (in its “voluntary” form) in 2022, with Google, Meta, and TikTok among the prominent signatories – while these rules originate from a “strengthened” EU Code of Practice on Disinformation based on the Commission’s Guidance issued in May 2021.
“It is for the signatories to decide which commitments they sign up to and it is their responsibility to ensure the effectiveness of their commitments’ implementation,” the EU said at the time – that would have been the “voluntary” element, while the Commission said the time it had not “endorsed” the code.
It appears the EC is now about to “endorse” the code, and then some – there are active preparations to make it mandatory.
Alberta
Lesson for Ottawa—don’t bite the hand that feeds you
From the Fraser Institute
By Tegan Hill
The Alberta government has launched a campaign to inform Canadians about the negative impacts of the federal government’s cap on greenhouse gas (GHG) emissions in the oil and gas sector, which exempts the other three-quarters of the economy that emit including transportation, buildings and heavy industry.
According to Alberta Premier Danielle Smith, the cap will “kill jobs” and lead to “economic and societal decline” for all Canadians—and she’s right. Any policy that damages Alberta’s economy comes with consequences for all of Canada.
Of course, this isn’t the first Trudeau policy to damage the sector. The list includes Bill C-69 (which imposes complex, uncertain and onerous review requirements on major energy projects), Bill C-48, (which bans large oil tankers off British Columbia’s northern coast and limits access to Asian markets), “clean fuel standard” regulations, numerous “net-zero” targets, and so on.
Again, while these policies disproportionately impact Albertans, they have consequences for all Canadians from coast to coast because of Alberta’s role in the federation. In our current system, Ottawa collects various taxes from Canadians across the country and then redistributes the money for programs including equalization and employment insurance.
For perspective, from 2007 to 2022 (the latest period of available data), Albertans contributed $244.6 billion more in taxes and other payments to the federal government than they received in federal spending—more than five times as much as British Columbians or Ontarians. The remaining seven provinces received more federal spending than they contributed to federal revenues. In other words, Albertans are by far the largest net contributor to Ottawa’s coffers.
Albertans’ large net contribution reflects the province’s comparatively young population (fewer retirees), higher rates of employment, higher average incomes and relatively strong economy.
Alberta’s relative economic strength isn’t new. From 1981 to 2022, the province had the highest annual average economic growth rate in Canada. In 2022, Alberta accounted for 17.9 per cent of Canada’s total economic growth despite being home to just 11.6 per cent of the country’s population. That same year, Alberta contributed nearly one in every five private-sector jobs created in Canada. In fact, Alberta was one of only two provinces (alongside Nova Scotia) where private-sector employment growth (including self-employment) exceeded government-sector employment growth over the last five years (2019 to 2023).
Alberta’s prosperity, which helps finance other provinces, may help explain why 56,245 more Canadian residents moved to Alberta than left it in 2022—a much higher net inflow than in any other province. For decades, Alberta has provided economic opportunities for Canadians from other provinces willing to relocate.
Albertans continue to contribute more to the federation than Canadians in other provinces due to Alberta’s relatively strong and prosperous economy. And Canadians benefit from the economic opportunities Alberta provides. With this in mind, the Trudeau government should stop imposing economically damaging policies on the province—as it costs not just Albertans but all Canadians.
Author:
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