Canada Halts Digital Loonie

By Martin Armstrong Over 130 nations are attempting to create a digital currency as we move toward a cashless society. I recently explained how Australia is prioritizing a wholesale CBDC with a retail one to follow. The Bank of Canada recently shelved plans to create a digital Loonie, but rest assured this is a mere pause as …

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1200 suspected terrorists living in Canada …were denied entry into the USA over the last 4 years… U.S. lawmakers plan for possible “mass casualty” event

According to U.S. Customs and Border Protection (CBP) data, over 1,200 individuals on the terrorist watchlist were stopped at the U.S.-Canada border from 2020 to 20241. This represents a significant increase in encounters compared to previous years. 1200 suspected terrorists living in Canada …were denied entry into the USA over the last 4 years …but …

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Is This the Final Blow to Justin Truedope’s Reign? Canada on the Brink of a Political Earthquake

On September 4th, Jagmeet Singh, leader of Canada’s socialist New Democratic Party (NDP), publicly announced that he pulled the plug on his agreement with Prime Minister Justin Trudeau. This deal has kept Trudeau’s shaky minority government afloat, preventing it from falling to a vote of no confidence. If Singh follows through, Trudeau’s government could finally …

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14yo Girl Sets 15yo Girl Classmate on Fire in Saskatoon, Canada

WATCH: A 15-year-old student at Evan Hardy Collegiate was taken to hospital Thursday after being intentionally set on fire by another student. Our @GlobalGwozdz has more on the investigation. READ: https://t.co/5YGHKRy3PK pic.twitter.com/acC2rKTWqq — Global Saskatoon (@GlobalSaskatoon) September 5, 2024 Students at Evan Hardy Collegiate in Saskatoon have been sent home for the day after a …

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Trudeau’s govt collapses. Early elections in Canada

(Bloomberg) — A parliamentary pact that has kept Canadian Prime Minister Justin Trudeau’s Liberal Party in power has fallen apart, increasing the chances that an election will happen soon. New Democratic Party Leader Jagmeet Singh announced he’s pulling out of a power-sharing deal he signed with Trudeau in 2022, saying the prime minister is “too …

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RIP Canada.

Those positions are why CAD is breaking through resistance. The market is too long USD. I had several banks tell me in May that we would see 1.4200 this year. Yeah. Crowded trade. pic.twitter.com/L8cL84GxAU — Peter R Hann CFA, Goldbug Weirdo/Silver Freak (@PeterRHann1) August 28, 2024

California is trying to force Big Tech to pay for news. What can we learn from Australia and Canada?

Three years ago, when Australian politicians took on the titans of Big Tech — crafting legislation to force Google and Facebook to pay for news articles they share on their sites — Google threatened to pull out of the country. If the News Media Bargaining Code became law, Google Australia Managing Director Mel Silva said …

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Canada Being Lit On Fire Again

Global News is saying its a good thing Massive wildfires in Alberta are coughing up clouds of smoke that are obscuring the sky and hazardous to health. However, there’s so much smoke that wildfires are being shaded from the sun and daytime temperature highs in some areas are cooler than forecast, leading to reduced fire …

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M&A activity in the US and Canada hit its lowest since the pandemic… 33 million US small businesses face worst outlook in 50 years

"M&A activity across the US and Canada slowed in the second quarter of 2024 to the lowest level since the early days of the pandemic, owing to relatively high interest rates and financing challenges."@SPGlobal pic.twitter.com/Vd9ervi16o — Daily Chartbook (@dailychartbook) July 17, 2024 There are 33 MILLION small businesses in the US, 44% of GDP. They …

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Canada to Reach the 2% NATO Defense Spending Target . . . by 2032

Canada estimated that it will reach its 2% NATO defense spending target by 2032, according to the country’s president, Justin Trudeau said at the NATO Summit in Washington, D.C., which concluded on Thursday. Since his first presidential run, former President Trump, the presumptive 2024 GOP presidential nominee, has advocated for NATO countries to spend at …

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Household Debt in Canada Exceeds 100% of GDP

By Martin Armstrong World leaders spend recklessly with no regard for the overall economy. Canadian Prime Minister Justin Trudeau has fallen out of favor for one primary reason – the cost of living is too high. Canada is deeply indebted, and now ranks the third-highest nation in household debt in the world. Switzerland and Australia are …

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Global rate cuts: inflation up in Australia and Canada, stock crashes in Europe, China’s recession.

Australia and Canada cut rates, now inflation is re-accelerating in both those countries. Europe cut rates, now stocks are imploding. China cut rates, now they're in recession. All U.S. investors want to know is why can't we cut rates too? pic.twitter.com/MNS8k7kIso — Mac10 (@SuburbanDrone) June 27, 2024 Ho lee fuk Emergency rate rises needed. It's …

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SOMETHING IS BROKEN IN CANADA.

SOMETHING. IS BROKEN. IN CANADA. pic.twitter.com/pAocZHR116 — Tablesalt 🇨🇦🇺🇸 (@Tablesalt13) June 25, 2024 The average rent for all residential property types in Canada reached an all-time high of $2,202 in May 2024, surpassing the $2,200 level for the first time. This represents a 9.3% annual increase in asking rents. The methodology, if you want a sleeping aid: …

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Tommy Robinson, arrested in Canada on an immigration offense, is detained in Calgary, passport seized.

He’s told he is the subject of “an outstanding immigration warrant” before being led away. Police didn’t offer any clarification on the nature of the warrant. He was arrested after giving a speech in Calgary, Alberta. He has since been released but had his passport seized, He wrote online: “OK I’m free, well, sort of. …

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Chemicals From East Palestine Train Disaster Spread To 16 States: and likely Canada… Study

Toxic chemicals released during fires following the Norfolk Southern train derailment in Ohio last year spread to 16 states and likely Canada, according to a study released Wednesday. The pollution, some of which came from the burning of vinyl chloride, a carcinogen, spread over 540,000 square miles, showing clearly that “the impacts of the fire …

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Business cycle be cycling in Canada

Business cycle be cycling in Canada Tiff didn’t cut the rate just for fun #MacroEdge pic.twitter.com/ZZj11xvipD — Don Johnson (@DonMiami3) June 18, 2024 At least one thing going up in Canada pic.twitter.com/t2YfauFnnd — Michael A. Arouet (@MichaelAArouet) June 16, 2024

Canada passes bill to mitigate environmental racism.

Environmental and social justice advocates in Canada have welcomed a new bill that pledges to develop a national strategy to prevent and address the effects of environmental racism. In a statement on Friday, the Canadian Coalition for Environmental and Climate Justice (CCECJ) said passage of Bill C-226 this week would help communities better understand the …

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Canada demands 5% of revenue from Netflix, Spotify, and other streamers

Canada has ordered large online streaming services to pay 5 percent of their Canadian revenue to the government in a program expected to raise $200 million per year to support local news and other home-grown content. The Canadian Radio-television and Telecommunications Commission (CRTC) announced its decision yesterday after a public comment period. “Based on the …

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Economy is imploding? Bank of Canada cuts rates despite shelter inflation; America, your move next.

🚨BANK OF CANADA CUTS RATES🚨 Why does this matter? They did so in the face of persistent shelter inflation In Canada in March, shelter prices increased by 6.5% year-over-year, with rent increasing by 8.5% THEY CUT ANYWAY. America, your move next 🇺🇸 https://t.co/dT8nXxwplx — Amy Nixon (@texasrunnerDFW) June 5, 2024 Rates are cut 25 basis …

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It’s a Freudian slip. He’s telling us the truth.

Speaking in Philadelphia this morning. "We've already started another wild fire season in Canada". It's a Freudian slip. He's telling us the truth. pic.twitter.com/oyNbQbdkEW — Martyupnorth®- Unacceptable Fact Checker (@Martyupnorth) May 22, 2024 Here’s a 1 min version Speaking in Philadelphia, Prime Minister Justin Trudeau says “misinformation and disinformation” are the biggest threats to democracy. …

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