Connect with us
[bsa_pro_ad_space id=12]

Alberta

What is the Great Reset?

Published

7 minute read

We are nearing one full year since the outbreak of the COVID-19 pandemic began sweeping the globe, ravaging all major industries worldwide and forcing the global economy to grind to a near halt. 2020 has been dominated by social and political upheaval as officials have struggled to find the balance between economic lockdown and protecting the public from the virus. Adding to the uncertainty, disinformation is circulating at an unfathomable rate. Heading into December, tension and mistrust appear to be at an all time high as individuals and groups have begun to rebel against lockdown orders and what many believe to be government forces overstepping their democratic boundaries. 

Among the hype and hysteria, the “Great Reset” has become a popular and highly divisive topic in recent months. Aggressive disagreements have broken out among experts, political leaders and the general public, often citing controversial buzzwords like “socialism”, “government control”, and “elite agenda”. In this setting, it has become increasingly difficult to determine what is fact and what is fiction, as fear and confusion fuel conspiracy theories and government distrust.  

COVID-19: The Great Reset is a book originally published in July 2020, co-authored by Thierry Malleret, founder of the Monthly Barometer, and Klaus Schwab, founder and Executive Chairman of the World Economic Forum (WEF). This book elaborates on a recovery plan proposed by the WEF that presents the global COVID-19 pandemic as an opportunity to correct the shortcomings of the existing social, economic and political institutions around the world. According to the WEF, “The inconsistencies, inadequacies and contradictions of multiple systems – from health and financial to energy and education – are more exposed than ever amidst a global context of concern for our lives, livelihoods and the planet.”
Within this setting, the WEF calls for collaboration among experts and world leaders to propose and implement a vision for the future that will “build a new social contract that honors the dignity of every human being.” The values highlighted by the Great Reset propose an ideological shift away from capitalism. This includes shifting the global focus towards fairer market outcomes, the advancement of sustainability measures and the improvement of environmental, social and governance (ESG) metrics across industries. 

The Great Reset global agenda calls for unprecedented cooperation among countries and industries around the world to unite under one recovery strategy aimed at repositioning the current trajectory of society as a whole. “Rather than using recovery funds to fill cracks in the old system,” says Klaus Schwab, founder and executive chairman of the World Economic Forum, “we should use them to create a new one that is more resilient, equitable, and sustainable in the long run.” 

The World Economic Forum’s Great Reset initiative has received support from several influential organizations around the world, including TIME Magazine, Apple and Microsoft. However, while it appears many have signed onto this initiative as a unique opportunity to build a prosperous future for all members of the human race, an equal number have emerged to furiously oppose it. 

Opponents of the Great Reset have labeled it as a radical socialist agenda being pushed on the masses by global elites. The initiative has been extensively criticized for appearing to use the global upheaval inflicted by the pandemic to implement social and economic measures not approved by the democratic process. An article released by the Post Millennial accused the WEF of using the “blunt force trauma of the pandemic to force the world to reshape according to socialist dictates.” This mentality has been echoed by a number of individuals and organizations around the world.
The National Review criticized Schwab’s book, COVID-19: The Great Reset, for having “undeniably authoritarian subtext” on which no legitimate societal transition should be based. 

These opposing viewpoints on the legitimacy and intentions of the Great Reset have led to extreme backlash for political leaders who appear to support the initiative in any way. On September 29, 2020, Prime Minister Justin Trudeau landed himself in hot water during his United Nations address, where he spoke of the impacts of the pandemic and the way forward for Canada. “This pandemic has provided an opportunity for a reset,” he said, “This is our chance to accelerate our pre-pandemic efforts, to reimagine economic systems that actually address global challenges like extreme poverty, inequality, and climate change.”

Trudeau’s address was swiftly condemned by many, as certain onlookers accused the Prime Minister of supporting the global elitist plan to collapse the economy and renege on Canadian rights and freedoms.
In November 2020, in response to Trudeau’s UN address, Conservative Member of Parliament Pierre Poilievre launched a petition called Stop the Great Reset. The petition calls on Canadians to “fight back against global elites preying on the fears and desperation of people to impose their power grab”. The petition received more than 60,000 signatures in a matter of days.

As governments and politicians around the world struggle to respond to the ongoing conditions of the pandemic under increasingly bleak circumstances, the consumption and circulation of accurate, credible information becomes increasingly important with each passing day. As businesses in every industry continue to go under and more and more individuals lose their livelihoods, the propagation of disinformation and fear serves only to divide and isolate us further. Whether you subscribe to the theory of the Great Reset as a legitimate avenue towards the creation of a healthier post-pandemic society, or as an illegitimate attack on democratic rights and freedoms, it is paramount to seek credible information.
Should we encourage our governments and politicians to adopt a Great Reset? Is it best to reinvigorate our economies? Or do we look to a combination of these two ideologies?

For more stories, visit Todayville Calgary.

Alberta

Vaccines, oil prices and Husky takeover boost Cenovus outlook, says CEO Alex Pourbaix

Published on

CALGARY — The CEO of Cenovus Energy Inc. says he’s optimistic that his oil and gas company’s second consecutive online annual shareholders meeting webcast on Wednesday will be its last.

Alex Pourbaix says the global rollout of vaccines to counteract the COVID-19 pandemic gives him hope that next year’s meeting will be held in person, with the possible addition of a simultaneous webcast for out-of-town investors.

In their first shareholders’ meeting since Cenovus bought Husky Energy Inc., former Husky directors Canning Fok, Wayne Shaw, Frank Sixt and Eva Kwok were elected to Cenovus’s 12-member board. They had been appointed earlier under terms of the acquisition.

In January 2020, Cenovus committed $50 million over five years to build up to 200 houses to help alleviate a severe housing shortage in six First Nation and Metis communities near its oilsands operations in northern Alberta.

In an update on Wednesday, Pourbaix said the program resulted in 12 new houses completed in 2020 and 38 more expected to be ready by the end of this year. 

He said shareholders have much to celebrate, with Cenovus on the way to cutting net debt to $10 billion by year-end thanks to higher oil prices, along with the reinstatement of a dividend and a 96 per cent recovery in the share price between the October Husky acquisition announcement and the end of April.

“I think we can all agree that this past year has been one of unprecedented challenges for the world, for our industry and for Cenovus, and, yet, today I’m more optimistic about the future of the company than I have ever been,” he said.

“Cenovus is a stronger, more resilient, integrated Canadian energy leader thanks to our combination with Husky Energy.”

This report by The Canadian Press was first published May 12, 2021.

Companies in this story: (TSX:CVE)

The Canadian Press

Continue Reading

Alberta

Man linked to B.C. and Alberta charged after woman's body found in national park

Published on

LAKE COUNTRY, B.C. — A charge of second-degree murder has been laid against a 41-year-old man following the recent discovery of a woman’s body in Kootenay National Park in southeastern B.C.

A statement from RCMP says Philip Toner was arrested Tuesday in the Okanagan and will be returned to Alberta to face the murder charge.

The body of 35-year-old Brenda Ware was found last Thursday near her vehicle along a B.C. highway through the park, but investigators say they believe the alleged killing happened in Alberta.

Police say Toner and Ware were known to each other, but the nature of their relationship has not been described.

The statement says the “complex, interprovincial investigation” is still very active and police want to speak to anyone who may have had contact with Toner between May 4 and May 11 in either Alberta or B.C.

Drivers who might have picked up a hitchhiker travelling between B.C.’s Columbia Valley and the central Okanagan district of Lake Country on those dates are also asked to contact RCMP major crime detectives.

Toner appeared in provincial court in Kelowna Wednesday and police say the BC Prosecution Service received a seven-day remand in order to return him to Alberta.

This report by The Canadian Press was first published May 12, 2021.

The Canadian Press

Continue Reading

Trending

X