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“Economies of Scale” is a distant 2nd to “Political Control”

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3 minute read

 

“Economies of Scale” has been the go to response by politicians when they want to centralize operations. There is some validity to this response.

Wal-Mart is in a scale all it’s own, so big it controls the pricing of items around the world. The local mom-and-pop store cannot compete.

Pension funds are so large they monopolize the markets and small fund managers cannot compete.

Provinces quote; “Economies of Scale” when they centralize purchasing, education, health care and other services.

The E.U. benefited from large scales in business, health care and even immigration.

So in all intent and purposes there is some validity in “Economies of Scale”.

There have been many tales of businesses raiding their employees pension funds for expansion, to cover losses, to cover bonuses, or to keep the doors open.

The C.P.P. is a huge national pension fund, well managed with double digit returns which is often 3 times the returns of a smaller Alberta provincial pension fund.

Now we are hearing tales of Alberta Oil & Gas businesses needing or wanting to raid pension funds to cover losses, to cover bonuses or to keep the doors open. There is discussions in political circles of raiding the Alberta provincial employees pension funds to the tune of a billion dollars for oil and gas investments. These same political circles are looking at the C.P.P. or Alberta’s citizens portion of.

The C.P.P. enjoys “Economes of Scale” and in a large diverse market offers envious returns on investments. Unlike smaller, less diverse pension funds.

The Alberta politicians know this but they want control of the pensions to subsidize businesses for political reasons. Having control is much more important than “Economies of Scale” to a politician.

Control is most important to other levels of government, too. The city of Red Deer is looking at establishing a new police force other than the RCMP. They know it will cost more in taxes and they will have less access to more specialized services but the city will have more control.

Fiscal conservatism is much less important than having control.

Politicians of all levels will take our tax money to hire lawyers and fight for control of everything.

We only have one pocket to draw from to pay for all these services and court cases and political control issues.

What ever happened to the much lauded; “Economies of Scale”? Too many political kings wanting control of too many things, all putting their hands in our pocket, that’s what.

When the world is becoming more globalize-oriented it appears politicians are striving for isolationism to feed their need to control. All at our expense.

 

Political editor/writer and retired oilfield supervisor

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Community raising funds for family of highly rated doctor killed by his patient

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From gofundme

Dr. Walter Reynolds Memorial Fund

On a normal Monday morning, August 10th, life changed forever for the Reynolds family.

Walter tragically lost his life serving his community as a family doctor.

An unimaginable, horrific act of violence took him away from his loving family.

He was attacked in his office by a patient.

His friends, colleagues and community mourns an exceptional human being lost too soon.  We all are devastated and heartbroken.

He was a devout father to two amazing young daughters and a loving husband.  He loved to run, be healthy and, most of all spend time with his family.

Funds raised with this campaign will be used towards his daughters’ education.

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Downtown Business Spotlight: City Center Vacuum

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This week’s Business Spotlight is with City Center Vacuum Sales & Service. This business has been in operation for the past 27 years, in the same location at 5311 – 50th Avenue. They are known for carrying high-quality products, fair pricing, and excellent customer service.  Its no wonder they have people that travel from out of town just to shop with them! We sat down with James and Rose-Marie Sherman to learn more!

What is your business?

We are vacuum sales and service with janitorial products as well. Our products include portable vacs, built-in vacs, carpet shampoo, vacuum bags, belts, and service repairs.

When did your business open?

We opened in May of 1993 and have been in the same location ever since.

What makes your business unique?

It’s a go-to business, it’s a destination. We supply what people can’t find elsewhere and our products are of high quality, people come to us when they are tired of buying disposable products. Customers like our 1 on 1 service. They like the honesty and sincerity we offer when they come to us for repairs. James is awesome with customers over the phone as well, he can assess what’s going on by asking the customer to perform different tests they can do at home, and then go from there. A lot of times the customer ends up being able to fix it at home and we can help them through it. It saves them from having to make a trip down here or us having to go to them.

What are some products/services that you offer?

As mentioned, we do repairs on most models of vacuums, we carry items that are hard to find elsewhere, Canadian Tire or Walmart won’t carry all the accessories for vacuums that we carry. We have a whole wall in the store dedicated to bags, filters, belts, and shampooing parts. We also carry janitorial supplies for commercial use. Some of these products are also for household use too. If you need something to clean toilets or hard water stain removal, then we have that available.

Why did you choose Downtown Red Deer as the location for your business?

I ran another vacuum store downtown for several years before we opened this one. It was a partnership but when that ended, we moved to this location. This was a built-in vacuum store called Air Stream, so we just absorbed it and went from there.

What do you think makes Downtown vibrant?

I think it’s about retailers and family business owners that believe in building and supporting downtown. We’ve had a lot of bad representation and even gossip that’s not always true. What is happening in downtown is happening everywhere in Red Deer. We want to stay in downtown and help to support the other businesses in the area.

Finish this sentence: I love Downtown Red Deer because… The sense of community, family, local businesses, and its always in motion. It has taken care of me and my family for the past 27 years, it helped me raise 5 kids by providing me with a good location for a business. I find most of the downtown people support each other.

City Center Vacuum Sales & Service are truly experts in their field. Their highly knowledgeable team will make your shopping experience a pleasure and you will know you are getting exactly what you need for a great price.

 

Make sure to check out their website for everything in the store!

http://citycentervacuum.ca/

Facebook: https://www.facebook.com/citycentervacuum

 

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august, 2020

fri07augAll Daymon17WALK TO BREATHE from Calgary to Edmonton(All Day)

thu27aug(aug 27)12:00 amsun30(aug 30)11:59 pmHUGE Garage Sale for Crime Prevention12:00 am - 11:59 pm (30) PIDHERNEY CURLING CENTRE, RED DEER, AB, 4725 43 St, Red Deer, AB T4N 6Z3 Event Organized By: The Central Alberta Crime Prevention Centre

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