Independent thinking for complex markets and current events
Canada wildfire smoke is creating ‘unhealthy’ air quality in the northern US Smoke from Canadian wildfires is back and is spreading over part of the northern United States, and it could spread farther throughout the week. In a replay of last year around the same time, wildfires in Canada have become more numerous over the …
Today Bank of Canada warned the public of a possible sharp correction in asset prices & systemic risk to the banking system 🤪pic.twitter.com/cKJPDeZ1X0 https://t.co/l7L3hjeD46 — Financelot (@FinanceLancelot) May 10, 2024 The Bank of Canada Governor called Trudeau's $61 billion spending "not helpful" for tackling inflation and reducing interest rates. Former Liberal Bank Governor David Dodge …
The Bank of Canada is warning Canadians (and banks) to prepare for steep mortgage payment increases as the renewal wave approaches in 2025 and 2026. However, the Bank is also noting, that for right now at least, renters are seeing the most sign of distress.
They know they have messed up society. OTTAWA — Public drug use became illegal in British Columbia once again on Tuesday, after the federal government granted the province’s request to scale back its drug decriminalization pilot. The change represents a major policy climbdown for the provincial NDP government more than a year into the three-year …
Tucker Carlson’s scathing expose reveals how credit card companies exploit Americans with hidden fees, driving them into debt. Senators Vance, Marshal, and Hawley lead the charge for change with the Credit Card Competition Act, aiming to alleviate the burden on consumers. Meanwhile, alarming spikes in delinquency rates at major issuers like Discover Financial signal economic …
Apparently you can’t even withdraw your own money from a bank in Canada without being thoroughly interrogated. Guy gets refused Apparently you can’t even withdraw your own money from a bank in Canada without being thoroughly interrogated. How is it any of their business what you do with your money? pic.twitter.com/qU0Ktubq9k — Ian Miles Cheong …
I have Canadian friends who are moving to Latin American sh**hole countries because they say at least it’s an affordable sh**hole, in contrast to Canada’s status as the most unaffordable sh**hole. AC
A judge in Canada has ruled that a woman with autism can be granted her request to die by assisted suicide, overruling efforts by the woman’s father to halt the deadly procedure. In a decision this week, Justice Colin Feasby of the Court of King’s Bench of Alberta said the 27-year-old woman, identified in documents as …
I am starting to be ashamed of being Canadian. This is insanity. I would normally place my name but with the thought police out in force one has to be careful. Court to decide if Ontario must pay for surgery to make vagina if patient also want to keep penis “A non-binary Ontario resident is …
Protestors gather near Calgary to ‘Axe the Carbon Tax’ after fuel increase…
The new regulation in Canada removes any legal requirement for continuing care operators to provide a minimum number of hours of nursing care to residents. This means that there is no longer a standard set for the amount of care residents must receive in these facilities. As a result, there is a risk that residents …
"I don't know a single person in Canada who's not struggling right now" "Everyone is on the brink of LOSING everything" "We're literally just working to scrape by to survive" "It's almost impossible to leave Canada because that's expensive" "There's this huge feeling of… pic.twitter.com/GxtC901yCV — Wall Street Mav (@WallStreetMav) March 29, 2024 It is …
Take it Out, and Cut Already! Canadian banks are releasing reports, one-after-the-other, urging the Bank of Canada to stop using components of shelter inflation in its core CPI calculations. I mean, why should shelter costs (needed to live) be part of the a critical cost of living index? They argue that mortgage interest is not …
Canada is in a RECESSION! "Mortgage delinquency rates ROSE 52.3% in the last quarter of 2023" Ontario mortgage delinquency rates are at 135% !?! "Delinquency rates for non-mortgages including credit cards rose almost 30%" This is absolutely nuts… 🚨🚨🚨 pic.twitter.com/1kBguAkcWD — Wall Street Mav (@WallStreetMav) March 27, 2024 More Canadians are beginning to crack under …
Canada Goose is shrinking its white collar headcount. The high-end outerwear company on Tuesday revealed that about 17% of its corporate workers would lose their jobs in the cuts. It amounts to approximately 915 jobs. The layoffs coincided with Canada Goose restructuring aspects of its management team. That included giving additional responsibilities to Chief Transformation …
A British Airways Boeing 777-200ER flying from New York-JFK to London-Gatwick (LGW) was forced to divert to St John’s in Newfoundland, Canada after one of the pilots became incapacitated. The flight, with flight number BA 2272, departed New York-JFK at 21:54 on March 14, 2024, for the seven-hour and 50-minute flight back to London, where it was …
There’s some serious political drama unfolding up north in Canada. It’s all eyes on Prime Minister Justin Trudeau’s government as a no-confidence vote is looming large on the horizon, set for March 21st. Now, the mainstream media might be downplaying it as a joke, but there’s a twist in the tale that could shake things …
This surge in Canadian bankruptcy filings, especially among small businesses, is deeply concerning. With such a significant increase in insolvency cases, coupled with the pressure small businesses face to repay pandemic loans, there’s a legitimate worry about Canada’s economic stability. What is happening in Canada? Canadian bankruptcy filings are skyrocketing with nearly 800 bankruptcy filings …
Free speech advocates around the world railed against a new Canadian law that could demand a life sentence for adults who violate speech laws on social media. Introduced last month, the Online Harms Act, or Bill C-63, would empower judges to imprison adults for life if they post views supportive of genocide. The bill would …
By Martin Armstrong The Canadian banking system is set to be radicalized by open banking framework. Proponents are framing this as a way for banks to easily share information and access user data. The truth of the matter is that this is an opportunity to merge social standings with banking to provide government complete control …
So now it’s not enough for you to commit a crime. They will now just lock you up and turn you into a criminal for crimes you haven’t even committed yet. They will never stop, they will justify their actions because their predictive A.I. and “experts” will tell them you’re an enemy to your country. …
By Martin Armstrong Statistics Canada reported that inflation slowed in January to 2.9%, beating expectations of 3.3%. So why are Canadians still struggling to afford basic necessities like rent and food? Mortgage interest costs remain the top noted driver of inflation after rising 27.4% YoY, while rentals increased 7.9% during the same period. Bank of …
“The cost of living in Canada is sick” “There is no more cost of living, there is only cost of surviving” “I don’t know what to do, I’m working 3 jobs, I’m a single mother” “I can’t afford to live here anymore” “Groceries are astronomically priced right now” "The cost of living in Canada is …
by catbulliesdog PHOTO ILLUSTRATION: THE BUREAU INVESTIGATES TORONTO METHOD MORTGAGE LEAKS Here is the Link from The Bureau all credit to Sam Cooper. The publisher is a small Canadian anti-corruption web-zine, but they do appear to have the goods with a whistleblower who already tried to report this internally, and they have a lot of internal banking documents …
Canada has halted their Extermination Program for the Mentally-ill until 2027. Read that twice. pic.twitter.com/Ee5J5HXmtX — Liz Churchill (@liz_churchill10) February 4, 2024 https://twitter.com/_/status/1754005404495790454 Can you ask the government to help you die in Canada if you have mental illness? That was the plan but now the government will put that off for a bit because …
$200 for a pack of chicken that would cost a fraction of the price anywhere else. At this rate, they’ll have everyone on soy and bugs. Welcome to Canada. $200 for a pack of chicken that would cost a fraction of the price anywhere else. At this rate, they’ll have everyone on soy and bugs. …
Canada anticipates a potential surge in business bankruptcies, with thousands of small businesses at risk after the government ceased pandemic-era support. The end of aid, coinciding with a slowing economy and high interest rates, poses a threat to critical small firms employing less than 100 people. Bankruptcy rates surged 38% in the first 11 months …
Canada is investigating a prolonged data security breach following the “detection of malicious cyber activity” affecting the internal network used by Global Affairs Canada staff, according to internal department emails viewed by CBC News. The breach affects at least two internal drives, as well as emails, calendars and contacts of many staff members but that’s …
CBC won’t touch that. Cause Truedope will order them not to. They don’t want to lose that billion, or two billion in funding Truedope gives them… From taxpayers… h/t Merv01
by AC Noticed Canadian port workers on strike that help import/process sugar for Rogers. The conditions of the strike may seem unrealistic (?) and induced from the top down (?). Rogers asking workers, for example, to be open 24/7. Notice that there seems to be a media blackout on Rogers refinery/port strike. You only hear …