Reboot Alberta

Friday, February 27, 2009

Good News: Fort Chipewyan is Using Video Conferencing.

ACFN GETS VIDEO CONFERENCING:
Here is a great piece of counter-intuitive good news that I just have to share. The Athabascan Chipewyan First Nation has just installed a high definition Lifesize video conferencing system in Fort Chipewyan, one of the most remote communities in Alberta. They are adding even more video conference capacity to their operations in Fort McMurray now too.

I will now be able to work with them face to face from my office with my system, on an on-going basis, without the time and cost of travel, accommodation and meals etc. The productivity increases and the improved effectiveness of our working together will be enormous. As well as well as improved communications and convenience we all will reduced carbon footprint with less travel.

Fort Chipewyan is one of the most remote and vulnerable communities in the province. The ACFN gets it and has taken a step into 21st century connectivity with this facility. Well done Chief Adam and congratulation to the rest of your crew in making this move.

VISUAL COMMUNICATIONS IS BECOMING MORE IMPORTANT
It used to be that 70% of our communications was influenced by visual inputs. Apparently newer studies are showing this has increased to over 80% of visual clues that have influence over the effectiveness of our human communication. As the Internet goes more to video and we have had more television exposure over the years, the more importance we are placing on our visual communications. Video conferencing is a natural response to provide that need for improved visual communications.

VIDEO CONFERENCING IS NOW COST EFFECTIVE
I am using video-conferencing more and more in my day-to-day work and am encouraging everyone I can to adopt this technology for the obvious reasons. I get excited about new technology and the positive changes it can make to our world. I am an early adapter more than an early adporter. Video conferencing like I am using is now accessible physically and fiscally for small businesses like mine. It has been one of the big changes from technology that I am really excited about.

THE LAST MILE SUPERNET SOLUTION FOR RURAL ALBERTA IS AT HAND
I hope the CRTC requires Telus to allow access to their unloaded copper telephone lines in Alberta A formal application has been made to the CRTC for that very purpose and a final decision from the Commission is expected shortly. If successful then anyone with a land line telephone service will be able to have this copper wire capacity used for Internet and other high valued added services like video conferencing. Imagine having that in you business, home or organization in rural Alberta. That will level the playing field for rural Albertans significanlty.

Connect those telephone lines to the SuperNet and all of a sudden rural Alberta's last mile SuperNet connectivity problem is also solved. Then more citizens and businesses all over rural Alberta willthen have fibre level internet services including high definition video access to the world using the power of the SuperNet. It can be there for them at a fraction of the cost of fibre and not expensive fibre installation costs. Telephone lines are everywhere in Alberta. They are very familiar and reliable technology that does not require expensive fibre optic installations. As one telephony consultant said recently, "Copper wire may be buried but it is not dead."

The SuperNet has enormous potential as an economic lever and a competative differentiator for our province. Alberta's SuperNet is one of the most powerful and unique 21st century infrastructures on the planet. Now all we need to do is to get Albertans hooked up and using it. Some policy decisions at the CRTC and shared SuperNet access policies need to come together to make this happen.

Harper Will Have to be Honest and Govern for a Change.

The Liberals are signalling a possible June election if Harper stays his usual course of announcing fiscal plans for stimulus and then sits on the sidelines. I don't think that will happen in June because Harper is more likely to just dig himself deeper in debt and trouble. Expect an election in the fall of 2009.

Harper is signalling now that he wants to take "short-cuts" and shovel the stimulus money out the door with minimal accountability for approval processes. He has already aid mistakes will be made but Harper would rather do this spending rapidly but not right. We need both test to be met Mr. Prime Minister.

Without proper oversight expect Harper to steer funds to those ridings where he needs to retain or gain political support. Equity and effectiveness for the country or the economy will not be Harper's operational principles for fund distribution if Harper has his way.

Harper now as an accountability problem. He has to report to the nation on his budget performance at the end of March and the and of June. Harper is now hamstrung and must be truthful and transparent for the first time. He actually has perform in his job as Prime Minister for the benefit of the nation and not just his personal pursuit of political power. If he continues to falter and fritter away time and time again with a continued negative ad campaigns, partisan political pranks and half-truths he will face certain defeat in the next election.

Harper has lied to us repeatedly and particulalry in the last election about the economic realities we were facing and about to face...even promising a fiscal surplus and no debt or deficit on his watch.

That deplorable dishonest behaviour is unacceptable. We need our political class to give us the truth that is delivered in a timely, straight and unvarnished fashion so we can forward plan from a factual base.

It is questionable if Harper and his government is even capable of this standard of character leadership - at least if you look at his past history. If they are not adaptable to change and honest government then the voter has to get involved. Citizens will have to take charge and invoke the necessary change of government so we can leave the planet and our place in it in better shape than when we came into the world.

Get ready for a fall election Canada.

Bank Shareholders Now Have a Say in CEO Compensation

Shareholders of three big Canadian banks have won the right to vote on top banker’s compensation. YES!!!

This is encouraging and I hope it is the start of a trend for a more activitist shareholder and investor approach. We need the individual corporate owners to particularly push their enterprises to pursue a more integrated economic and ecological approach to doing business.

Canadian banks are the best run in the world and some of our CEO’s have volunteered to reduce personal compensation and some have donated the difference to charity. The recent announcements of 1st QTR profits from 4 of the 6 top Canadian banks are very encouraging as well. Increased reserves for pending bad news are being made and loans to creditworthy customers are still happening.

The changing times are showing that shareholders and investors are getting more engaged as corporate owners. This move toward non-binding shareholder votes on executive compensation is a step the right direction. The non-binding vote is a smart move. It sets a tone and sends a message about shareholder mood.

The discrepancy between the most highly paid and the lowest workers in our society seem to be growing and will have serious social cohesion implications for the country.
It was the poorly managed banks and investment houses in the States and the negligence of bankers and investment “professionals” in the rest of the work who sold crap paper that that got the world wide into this economic crisis.

I expect to see a major housecleaning of many of the boardrooms of a wide range of Canadian public companies as the social license to operate responsibilities starts to sink in. Shareholders and consumers will start to act based on ethical investment and purchasing approaches. Then we will see a systemic and fundamental change in the role and responsibility of business.

Thursday, February 26, 2009

Judge Won't Restrict His Inquiry Into Mulroney Schreiber Affair.

The Globe and Mail is reporting an interesting development on the Mulroney Schreiber Affair and the pending Judicial Inquiry.

Associate Chief Justice Jeffrey Oliphant, the man conducting the Inquiry, rejected arguments my Mulroney’s lawyers to narrow the scope of the Inquiry. The Chair wants to review the “appropriateness” of former Prime Minister Mulroney’s behaviour with “the closest possible scrutiny.

The Mulroney legal team was trying to get the Inquiry to agree that he could not consider the Criminal Code, the Income Tax Act, and anti-corruption legislation in his deliberations.
Thankfully the Chair decided that these laws are applicable for consideration when inquiring into the “appropriateness” of Mulroney taking a large cash payment from Schreiber for lobbying purposes shortly after leaving the office of Prime Ministers.

The Chair described his task saying “I intend to determine, on an objective basis, whether Mr. Mulroney…conformed with the highest standards of conduct.” He goes further to say “I believe that this standard is one that reflects the importance to Canadian democracy of the office of the prime minister, as well as the public trust reposed in the integrity, objectivity and impartiality of public office holders.”

Oliphant was clearly not amused by the Mulroney gambit to narrow the scope of the Inquiry. He noted that in 1988 then Prime Minister Mulroney distributed a document to his cabinet entitled Guidance for Ministers. That document apparently warned the Mulroney cabinet that they had an obligation to go further than “simply to observe the law.” Oliphant was pretty clear that he was going to hold Mulroney to the same standard.

I hope CPAC will be covering this Inquiry from gavel to gavel like they did with Adscam. Not just because of the politics but because it will help Canadians who are concerned about our democracy but also the quality of the character of our elected representatives.

Wednesday, February 25, 2009

Should Business Responsibility to the Environment be Governed by the State of the Economy?

I just got the teaser from the McKinsey Quarterly on the global survey they did on “valuing corporate social responsibility.” The findings are disturbing. First the good news! The survey indicates 2/3 of Corporate Financial Officers and ¾ of investment professionals “…agree that environment, social and governance activities do create value for their shareholders…” Here is the qualifying kicker. They restrict that belief to “normal economic times.”

Well these are hardly normal economic times and the survey finds these professionals now “…view some of these programs differently.” Guess what has changed. The importance of governance programs has increased and the importance of environmental programs has decreased. The needs of the environment and our responsibility to protect the environment are not seasonal and cyclical.

It almost seems like CFOs who run corporate finances and investment professionals, those folks who advise others where to put their money, think board of director issues like CEO compensation is more important than their environmental efforts.

Are these folks ever out of touch with what most people are thinking about the role, responsibilities and purpose of business today. This is especially true given the amount of greed and corruption that are at the root causes of this recession.

I expect more investors to be seriously considering ethical investing criteria when they return to the market. Share your heads CFOs and Investment professionals. Business is not just about business. It is about public trust and a social license to operate and that demands employing the best possible environmental practices. Don’t forget the economy is there to serve the needs of society and not the other way around.