In a revealing interview, Justin Trudeau faces harsh scrutiny as housing prices have skyrocketed by 70% during his tenure, while the average rent has surpassed $2,000 per month and continues to climb.
🔊 … Justin Trudeau gets wrecked in this interview 🚨🚨🚨
"Since you took power in 2015, the benchmark housing prices have gone up 70% in this country"
"The average rent is now north of $2000 a month and going up $100 a month"
"Your polling numbers are pretty bad right now"… pic.twitter.com/m7WNDIY0YO
— Wall Street Mav (@WallStreetMav) November 7, 2023
When GDP is adjusted for immigration, which contributes to overall expenditure but does not reflect underlying growth in economic capacity, it suggests a recession is already underway.
Read more: https://t.co/f44QbZOSHC
— unusual_whales (@unusual_whales) November 7, 2023
Canadian business insolvencies rise almost 42 per cent from last year
Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.
The Office of the Superintendent of Bankruptcy says 1,129 businesses filed for a bankruptcy or proposal in the third quarter, up 3.6 per cent from the second quarter.
That’s compared with 827 filings in the third quarter of 2019.