Independent thinking for complex markets and current events
JUST IN: 🇨🇦🇺🇸 Canadian dollar falls to lowest level since 2003 following President Trump's new tariffs. pic.twitter.com/oYdSzfYjmp — Rome (@Rome_Colt45) February 2, 2025
It’s crazy when you really look at these numbers—Canada slapping such high tariffs on U.S. goods like milk and cheese. And yet, the U.S. is sending them financial aid and covering a large portion of their defense spending. When you compare the size of the U.S. economy to both Canada and Mexico combined, it’s clear …
One of our most legendary @MacroEdgeRes calls to date was our global employment forecast for Canada from March of 2023. — Don Johnson (@DonMiami3) December 10, 2024 Canada is in a silent depression. 🤫🇨🇦 Pay attention to all the clues. 👇🏽 pic.twitter.com/LfpreO8ZnI — EconomicWoes 🤖 (@ManyBeenRinsed) September 14, 2024 Imagine dropping 1.8M on a house …
Without the inflated real estate market masking reality, 🇨🇦 economic downturn would be clear to everyone. pic.twitter.com/HYEjXawcWi — Shazi (@ShaziGoalie) December 9, 2024 People who make $160,000 can’t buy a house without government assistance. This country is so broken. pic.twitter.com/2lXf26PKHp — red pill rick (@igetredpilled) December 8, 2024 Bank of Canada expected to deliver another …
by Martin Armstrong I have warned that there will be an exodus of migrants fleeing the United States for Canada in the wake of Trump’s presidency. The Immigration and Refugee Board of Canada said that the sheer volume of asylum seekers has spiked to the highest on record, with the number of cases rising from …
It’s 2025 in 🇨🇦: Federal, provincial, and personal debt are at breaking points. Food bank lines hit record highs. Homeless encampments spread across cities. Housing is out of reach. Universities and hospitals are buckling. Collapse isn’t a question of if—it’s when. — Shazi (@ShaziGoalie) December 1, 2024 This crazy chart is now updated to include …
The Canadian economy faces a looming crisis, heavily influenced by staggering household debt levels. As of 2024, Canadian household debt stands at a staggering 174.6% of gross income, significantly higher than the 75% of GDP in the U.S. This means that Canadians are dedicating a far greater portion of their after-tax income to servicing their …
It happened again. Today’s stock market plunge was sparked by an unsettling move from the Bank of Canada, cutting interest rates by 0.5%. The implications of this seemingly small shift are much more profound than they appear on the surface. Canada’s economy is slowing down at an alarming rate, and this drastic measure was taken …
By Martin Armstrong Unemployment in Canada ticked up by 0.2% in June to 6.4%, yet the economy lost 1,400 jobs. Around 1.4 million Canadians were looking for work as of June 2024, a 42,000 person increase from May. Overall employment has fallen in eight of the past nine months to 61.1% in June. So where …
🇨🇦 Canada's unemployment shows it's already in a severe recession & entered it before the U.S. Canada also has the largest housing bubble in the world. https://t.co/LyJGxSqs05 pic.twitter.com/hg406OfFcg — Financelot (@FinanceLancelot) July 5, 2024 BREAKING: Canada's financial regulator says they are delaying plans to hike capital requirements for banks https://t.co/5HV5HfOOXi pic.twitter.com/ExLUwataPE — Financelot (@FinanceLancelot) July …
In the 1990s, Japan’s massive real estate bubble popped and it still hasn’t recovered. It’s known as one of the largest real estate bubbles ever. Canada is the orange line. It’s literally twice as big. pic.twitter.com/2H15JVeN3K — red pill rick (@igetredpilled) June 12, 2024 Japan’s Real Estate Bubble (1986-1991): The Japanese asset price bubble occurred from 1986 …
OTTAWA — The capital of one of the world’s most stable democracies is gripped by growing panic about foreign agents working in elected office. A bombshell report by Canadian lawmakers has unnerved Parliament Hill, alleging that unnamed politicians have been covertly working with foreign governments. The revelation in heavily redacted findings released this week by …
Canada is facing a worsening housing affordability crisis as the country experiences an unprecedented surge in population growth. According to Statistics Canada labor force data, the working-age population has increased by a staggering 411,400 people in the first four months of 2024, a 47% increase compared to the same period in 2023. National Bank economists …
Many Americans have felt the rising cost of housing, with the median mortgage payment rising 78% in the last three years for homebuyers. This issue has been worse in certain Canadian cities: https://t.co/cAgP5Pmd7e — Reef Insights (@ReefInsights) April 2, 2024 So we have a healthcare issue, we have a housing issue, we have a crime …
You know the situation is bad when Bloomberg begins reporting on Canada's disastrous immigration policies & mass poverty. https://t.co/lU8nK2w8Vb pic.twitter.com/xcQrSxDYOz — Financelot (@FinanceLancelot) March 30, 2024 Secret RCMP report warns Canada will sink into civil unrest once citizens realize how broke they are. Canada is in a very bad situation, economically, politically, socially, etc. https://nationalpost.com/opinion/secret-rcmp-report-warns-canadians-may-revolt-once-they-realize-how-broke-they-are …
Canada’s Deputy Prime Minister Chrystia Freeland exhibits bizarre behavior at a press conference in a community center in Vancouver. Freeland repeatedly twitches and displays erratic body movements while she stands next to Trudeau. 🎥 @bobmackin pic.twitter.com/9P60Th8pEJ — Oli London (@OliLondonTV) March 27, 2024
"Right from the get-go, the report warns that whatever Canada’s current situation, it 'will deteriorate further in the next 5 years" My friend once predicted that people will start getting robbed in the parking lots of grocery stores… I think about that prediction a lot…😬 pic.twitter.com/7EugH9snzb — Kat Kanada (@KatKanada_TM) March 20, 2024 A secret …
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 …
Israeli foreign minister Israel Katz denounced Canada’s decision to suspend future arms exports to Israel, saying “history will judge” the Western nation for reneging on its support for Israel amid the ongoing war with Hamas. Canadian foreign affairs minister Mélanie Joly announced Tuesday that the Trudeau-led government would stop sending weapons to Israel, Israeli newspaper …
Trudeau Demands Life In Prison For Speech Crimes Shocking crackdown by Canada’s Liberal Party also seeks incarceration for crimes that haven’t been committed by Stephen Moore @recoveringprog Canada's Prime Minister Justin Trudeau attends a press conference after the closing… pic.twitter.com/O6RyoAmcli — Michael Shellenberger (@shellenberger) March 11, 2024 Trudeau’s call for a new hate speech law …
NEW – Canada's Trudeau believes there is a "deliberate undermining of mainstream media" by "conspiracy theorists."pic.twitter.com/IyPW3ta7OL — Disclose.tv (@disclosetv) February 21, 2024 Trudeau’s government removed the CRTC requirement for all news media to ban intentional misinformation and false news stories. Laws existed in Canada for decades that prevent major news networks from intentionally publishing falsehoods …
by bobtowne The Western ruling class helped to set up Communist China, has lauded it, moved Western manufacturing to it. etc. Mao went to Yale-In-China. I guess the idea is to expose Canadian pensions to China’s economy to 1) help prop up China or if it collapses 2) take Canadian pensions with it? Some observations …
pic.twitter.com/r4RKCZl7hA — QUACK (@RichQuack) January 18, 2024
The dire state of Canada’s health-care system, marked by overwhelmed emergency departments and horrific conditions, demands immediate and substantial action to address the crisis. The current situation, described as the worst ever by ER doctors, underscores the urgent need for comprehensive reforms. via globalnews.ca: As Canada’s health-care system grapples with yet another season of respiratory …
https://twitter.com/NeilMispelaar/status/1733611415397605745 Joe Rogan about Justin Trudeau “That guy can eat shit” pic.twitter.com/6Iw2vJpd80 — Matt in Vancouver (@belligerentNuck) December 8, 2023
The Federal Court overturned Canada’s ban on single-use plastic on Thursday, deeming the policy “unreasonable and unconstitutional. The decision found that the classification of plastics in the cabinet order was too broad to be listed on the List of Toxic Substances in Schedule 1 and the government acted outside of its authority. “There is no …
Under Justin Trudeau’s lengthy leadership, Canada grapples with an infuriating reality: a shocking 2 million people now rely on food banks in a single month. These startling numbers showcase the escalating economic hardships faced by countless Canadians. Trudeau’s era has seen the worst inflation rates in four decades and the fastest surge in interest rates …
Real estate speculation is a national sport in Canada, but it may have gone over the line. The Statistics Canada (Stat Can) Canadian Housing Statistics Program (CHSP) released data showing the share of newly constructed condos owned by investors in 2021. The data reveals that most units are investor owned, amplifying concerns of financialization and …
by Martin Armstrong The Office of the Secretary to the Governor General has managed to spend C$117,566 on dry cleaning services over the past five years. Rideau Hall spends around $1,800 monthly on dry cleaning and expenses it all so Canadian taxpayers foot the bill. There is an in-house staff on the payroll that takes …
