Mike19292

In the budget report they cite that “Canada has the lowest net debt-to-GDP ratio in the G7 at 13.3 per cent according to the IMF October 2025 Fiscal Monitor. Canada also has one of the lowest deficit-to-GDP ratios in the G7, second only to Japan. This strong fiscal position enables us to respond to global challenges.” BUT: According to the Fraser Institute, Canada’s net debt includes the substantial assets of the CPP and QPP, which are uniquely structured compared to other G7 nations. As of 2020, these pension plans held nearly $488 billion in assets. This significantly reduces Canada’s net debt figure. However, when you look at gross debt, which excludes these financial offsets, Canada’s debt burden is much higher. For a fair global comparison, when provincial debt is included, estimates place Canada’s gross debt-to-GDP at around 113%, putting it among the highest in the G7 and among the 10 worst globally. For perspective, France was recently downgraded with a debt-to-GDP ratio of 116 per cent. This is a critical blind spot in sovereign risk analysis. Canada’s decentralized fiscal structure means provinces carry significant liabilities, yet these are often excluded from international comparisons, distorting the true picture of Canada’s sovereign creditworthiness.

The Carney-Trudeau Nexus: How Financial Elites from Davos to Beijing Are Shaping Canada’s Next Federal Election thebureau.news/p/the-carney-…

City Admin headcount grew by 2,268 in 639 days. That's over 3.5 new positions daily (including weekends) or an overall increase of 16.8%. Do you think this substantial increase in hires has resulted in better services and infrastructure in our city? cbc.ca/news/canada/calgary/c…

This is not even the tip of the iceberg. Taxpayers are going to be mad as hell when they learn more!

81% of voters want to shrink the federal government 🤯 Considering 15% of voters *work* for government, that means roughly everybody else wants it to shrink.

All actions of the Department of Government Efficiency will be posted online for maximum transparency. Anytime the public thinks we are cutting something important or not cutting something wasteful, just let us know! We will also have a leaderboard for most insanely dumb spending of your tax dollars. This will be both extremely tragic and extremely entertaining 🤣🤣

TRUMP: “At the suggestion of Elon Musk — I will create a Government efficiency Commission tasked with conducting a complete financial and performance audit of the entire federal government and making recommendations for drastic reforms. Elon.. has agreed to head that task force”

Inflation is caused by the Federal government spending more than it earns, because they just print more money to make up the difference. To solve inflation, reduce wasteful government spending. Your tax dollars should be spent well, not poorly.

You won't see this in the news 📹: @chrisjboot

Time to wake up Canada and realize there is a serious problem, and then ask ourselves if our leaders are making it worse or better? Per capita GDP, after adjusting for inflation, is now below where it was in the fourth quarter of 2014, nine years ago. As of 1981, per capita GDP in Canada was 92 per cent of that of the U.S.; by 2022 it had fallen to just 73 per cent. As late as 1981, Canada ranked sixth among OECD countries in GDP per capita, behind only Switzerland, Luxembourg, Norway, the United States and Denmark. But we’re not any more. As of 2022 we were 15th. Measured in output per hour worked – which is what we mean by labour productivity – we ranked 18th in 2022, having posted the slowest rate of productivity growth in the OECD since 1981. Again, the contrast with the United States is striking: Up to about 2000, labour productivity in the two countries grew at roughly comparable rates. Since then, U.S. productivity has grown nearly three times as fast. theglobeandmail.com/opinion/…

Cabinet quietly OKs order for @CaFreeland to borrow and spend $77B more than originally forecast by March 31: "You're simply saying, 'Gimme a blank cheque and then trust me.'"  blacklocks.ca/borrowing-half… #cdnpoli

Evo Morales te habla de los pobres arriba de un avión privado pagado por los pobres. Milei viaja en avión comercial pagado de bolsillo, como toda persona honesta. Menos socialismo, mas Libertad.

This is extremely impressive. Simplistic, tendentious, conspiratorial in places, but by the standards of most political discourse it’s a PhD thesis.

Whoopie. The NDP is distracting you with stupidity because this is what they really don’t want you to see yet. albertainstitute.ca/the_most…

Let's do math: VW will invest $7B in the battery plant in Canada. Canada will provide $700M in initial capital investment + $13B in production subsidies (over 10 yrs). It will create 3k jobs & up to 30k downstream jobs. = ~$415k per job. = ~$346 from every single Canadian. If every job created has an avg salary of $100k; The federal tax collection for the subsidy-break per job is ~28yrs. The federal + provincial tax collection for the subsidy break-even per job is ~18yrs. In other words Canada will not see a net **new** dollar of tax contribution from employment from the project, roughly, for 20 years not including government debt interest charges, roughly.

Pranksters Vovan and Lexus posing as Zelensky tricked ECB President Christine Lagarde into disclosing her plan to launch a "Digital Euro" in October that will give central banks control over how citizens can spend money: "There will be control. You’re right. You’re completely right. We are considering whether for very small amounts, you know, anything that is around 300, 400 €, we could have a mechanism where there is zero control. But that could be dangerous... I don’t want Europe to be dependent on an unfriendly country’s currency, for instance, you know, the Chinese currency, the Russian currency... I don’t want Meta, Google, or Amazon to suddenly come up with a currency that would take over the sovereignty of Europe." Central bank digital currencies are the latest battleground in the ongoing struggle for individual liberties. Without global awareness, central banks will pull off a massive violation of human rights, and citizens will cheer them on while they do it. rumble.com/v2ddlps-prank-wit…

As a miner for 40 years I have worked in various mines around the world. Gold, platinum, copper, coal, lead, zinc, oil and salt. I'm going to tell you something, and here it is. We will destroy the earth in the name of "Green Energy" Follow along and I will explain. 🧵

Count the NBC logos. Humiliating shit.