TD Group's chief economist and vice-president Beata Caranci said the bank is "worried" Canada might already be in a recession, in addition to potential job losses heading towards the third quarter of the year.

"We can see perhaps another 100,000 jobs lost," Caranci said in that interview. "We've already had over 70,000 lost in the private sector in two months."

Quote from: Herman on June 11, 2025, 03:06:50 PMSoon brother. Soon.

I think you might be right. In the event you are...

"Laugh at them... it makes them angrier."   

Quote from: . on June 11, 2025, 05:18:15 AMJesus Christ, what a bunch of fascist cocknockers.

So how long until they start crawling all over places like this I wonder?

Soon brother. Soon.

Jesus Christ, what a bunch of fascist cocknockers.

So how long until they start crawling all over places like this I wonder?

Quote from: Herman on June 10, 2025, 12:14:26 AMAnd it will get a lot worse.



They Can Read Your Mail Now (And That's the Least Creepy Part of Bill C-2)
Should you be concerned? Yeah. Like, "hide your dog's crypto wallet" concerned.
⸻
Let's break this down like your freedom depends on it—because it does.
The government just dropped Bill C-2 like it's some boring border security law. The title?
An Act respecting certain measures relating to the security of the border between Canada and the United States...
Sounds like it's about stopping stolen cars and fentanyl, right?
Yeah... no.
This 140-page monster is basically a spy tool in a trench coat pretending to care about customs. And if you thought Trudeau overreached, Carney just showed up with a legal crowbar and a key to your inbox.
⸻
🚨 Let's Hit the Highlights (or Lowlights?)
📮 1. They Can Open Your Mail Without a Warrant
Yep, actual letters. Grandma's birthday card. Your legal documents.
Under Part 4, Canada Post gets the power to open your mail if someone just suspects something's off. No judge. No court. Just "reasonable grounds."
🧠 Translation: The burden of proof dropped from "evidence" to "vibes."
And if they screw up? No problem. The law literally says you can't sue them for it.
🧾 [Canadian Bill of Rights, Sec. 1(a), 2(e)] says search & seizure needs to be reasonable. This ain't that.
⸻
💻 2. Any Cop Can Get Your Internet Info—No Warrant Needed
Under Part 14, cops can knock on your ISP's door and grab:
   •   Your name
   •   Your pseudonym (yes, your Reddit alias)
   •   Your IP address
   •   Your devices
   •   Where, when, and how you logged in
All without a judge, just because they're "curious."
This isn't catching terrorists. This is catching tweets.
⸻
💰 3. Using $10K in Cash Is Basically a Crime Now
Part 11 makes it illegal to accept cash payments over $10,000, even if it's legit. Charities? Laundromats? Grandma selling her car? Too bad.
This isn't just about drug dealers—it's about scaring you off cash and nudging you toward digital money they can track (and maybe freeze).
⸻
👁 4. They're Building a System With No Accountability
   •   No search warrants
   •   No court oversight
   •   No right to sue
   •   And a law that reads like a suspicion-based control manual
It's all justified under "border security"—but has more to do with spying on citizens than stopping smugglers.
Canada Post. ISPs. Banks. Law enforcement. All linked. All exempt. All watching.
⸻
🎯 So, Should You Be Concerned?
Yes. If your bank account was frozen for donating to a convoy—or your buddy's got a burner email for Reddit—then this is your wake-up call.
Bill C-2 is surveillance dressed up as safety.
And if you think this will only be used against "bad people," ask yourself:
Who gets to decide who's bad?
⸻
🧠 Bottom Line
Bill C-2:
   •   Reads your mail
   •   Spies on your internet habits
   •   Criminalizes cash
   •   Dodges due process
   •   And tells you to trust them anyway.
That's not national security. That's institutional gaslighting

Canada is a dictatorship where only elite libtards are permitted to prosper.

Quote from: Mark Carney on June 10, 2025, 12:08:48 PMI am forcing a recession by offloading Ontario's gas vehicle auto industry to the US. I will take your money and give it to auto makers to build ev battery plants.

The ban on internal combustion engine vehicles stays. In nine and a half years you will no longer have a choice which vehicle you can purchase. I have decided you will buy electric or take the bus.

Mark Carney is the anti Christ to working class people.

I am forcing a recession by offloading Ontario's gas vehicle auto industry to the US. I will take your money and give it to auto makers to build ev battery plants.

The ban on internal combustion engine vehicles stays. In nine and a half years you will no longer have a choice which vehicle you can purchase. I have decided you will buy electric or take the bus.

Quote from: Shen Li on June 09, 2025, 11:31:29 PMI will never live in Canada again. It does not offer opportunities or freedom anymore.

And it will get a lot worse.



They Can Read Your Mail Now (And That's the Least Creepy Part of Bill C-2)
Should you be concerned? Yeah. Like, "hide your dog's crypto wallet" concerned.
⸻
Let's break this down like your freedom depends on it—because it does.
The government just dropped Bill C-2 like it's some boring border security law. The title?
An Act respecting certain measures relating to the security of the border between Canada and the United States...
Sounds like it's about stopping stolen cars and fentanyl, right?
Yeah... no.
This 140-page monster is basically a spy tool in a trench coat pretending to care about customs. And if you thought Trudeau overreached, Carney just showed up with a legal crowbar and a key to your inbox.
⸻
🚨 Let's Hit the Highlights (or Lowlights?)
📮 1. They Can Open Your Mail Without a Warrant
Yep, actual letters. Grandma's birthday card. Your legal documents.
Under Part 4, Canada Post gets the power to open your mail if someone just suspects something's off. No judge. No court. Just "reasonable grounds."
🧠 Translation: The burden of proof dropped from "evidence" to "vibes."
And if they screw up? No problem. The law literally says you can't sue them for it.
🧾 [Canadian Bill of Rights, Sec. 1(a), 2(e)] says search & seizure needs to be reasonable. This ain't that.
⸻
💻 2. Any Cop Can Get Your Internet Info—No Warrant Needed
Under Part 14, cops can knock on your ISP's door and grab:
   •   Your name
   •   Your pseudonym (yes, your Reddit alias)
   •   Your IP address
   •   Your devices
   •   Where, when, and how you logged in
All without a judge, just because they're "curious."
This isn't catching terrorists. This is catching tweets.
⸻
💰 3. Using $10K in Cash Is Basically a Crime Now
Part 11 makes it illegal to accept cash payments over $10,000, even if it's legit. Charities? Laundromats? Grandma selling her car? Too bad.
This isn't just about drug dealers—it's about scaring you off cash and nudging you toward digital money they can track (and maybe freeze).
⸻
👁 4. They're Building a System With No Accountability
   •   No search warrants
   •   No court oversight
   •   No right to sue
   •   And a law that reads like a suspicion-based control manual
It's all justified under "border security"—but has more to do with spying on citizens than stopping smugglers.
Canada Post. ISPs. Banks. Law enforcement. All linked. All exempt. All watching.
⸻
🎯 So, Should You Be Concerned?
Yes. If your bank account was frozen for donating to a convoy—or your buddy's got a burner email for Reddit—then this is your wake-up call.
Bill C-2 is surveillance dressed up as safety.
And if you think this will only be used against "bad people," ask yourself:
Who gets to decide who's bad?
⸻
🧠 Bottom Line
Bill C-2:
   •   Reads your mail
   •   Spies on your internet habits
   •   Criminalizes cash
   •   Dodges due process
   •   And tells you to trust them anyway.
That's not national security. That's institutional gaslighting

Quote from: Herman on June 09, 2025, 10:38:19 PMMy kid brother aint coming back. I don't blame him either.
I think about what kind of future my grandkids will have. Canada is going to be a tough country to earn a living and say your piece.

I will never live in Canada again. It does not offer opportunities or freedom anymore.

Quote from: Shen Li on June 09, 2025, 09:30:40 PMThe Canada we immigrated to in the 90's is night and day difference from the one I emigrated from. And when I say night and day, I mean heaven and hell.

My kid brother aint coming back. I don't blame him either.
I think about what kind of future my grandkids will have. Canada is going to be a tough country to earn a living and say your piece.

Quote from: Herman on June 09, 2025, 06:44:47 PM

QuoteAccording to Jake Fuss, director of fiscal studies for the Fraser Institute writing in The Hub last year, Canada's real GDP per capita grew by 1.9% in the Trudeau years.

That was lowest in the G7

The Canada we immigrated to in the 90's is night and day difference from the one I emigrated from. And when I say night and day, I mean heaven and hell.

I never intended to fix Canada's broken economy. But, now the premiers will get blamed instead of me.

Canadians are so gullible.

In the end, nothing will get done. Big interprovincial infrastructure projects will not get built. Pet barriers between provinces will remain, foreign investment will continue to avoid Canada, productivity will continue to be the G20 laggard and our taxes will remain uncompetitive.

Carney can't fix Canada's underperforming economy on his own

Prime Minister Mark Carney's pledge to make the Canadian economy the strongest in the G7 is the equivalent of attempting to turn around the Titanic before it hits the iceberg.

An indication of the enormity of this task is to look at the performance of the G7 countries in real Gross Domestic Product (GDP) per capita, which measures economic output per person, adjusted for inflation, and is a widely accepted metric of a nation's prosperity and standard of living.

Low economic growth as measured by real GDP per capita has been a longstanding problem in Canada.

Under Carney's predecessor, Justin Trudeau (who appointed Carney to chair his economic growth task force in September 2024), Canada recorded the worst record of economic growth since the government of R.B. Bennett in the depths of the Great Depression.

According to Jake Fuss, director of fiscal studies for the Fraser Institute writing in The Hub last year, Canada's real GDP per capita grew by 1.9% in the Trudeau years.

That was lowest in the G7, which includes the U.K., Germany, France, Italy, Japan and, most alarmingly, the U.S., our largest trading partner, where real GDP per capita grew by 14.7% during the same period.

University of Calgary economist Trevor Tombe, also writing in The Hub last year, noted real GDP per capita in the U.S. is now almost 50% higher than in Canada – unprecedented in modern history.

In the Liberals' 2022 budget, then-finance minister Chrystia Freeland warned that unless this trend is reversed, "the Organization for Economic Co-operation and Development projects that Canada will have the lowest per-capita GDP growth rate among its (38) member countries" from 2020 to 2060.

Carney's announcement of proposed legislation on Friday – which he wants passed before Parliament adjourns from the summer – to reduce federal barriers to interprovincial trade, increase labour mobility and streamline government approvals for nation building infrastructure projects, are all aimed at increasing economic growth.

But they all depend on co-operation by and among the provinces. And the reality is that decades of inaction on these issues has cost the Canadian economy an estimated $200 billion annually, increased the cost of goods and services to Canadians by up to 14.5% and reduced GDP growth by up to 8% annually.

At the meeting between Carney and Canada's premiers and territorial leaders last week in Saskatoon to address these issues in the face of the threat posed to the Canadian economy by U.S. President Donald Trump's tariffs, all the participants paid lip service to working together on these issues.

But the one premier not present – B.C.'s David Eby, who was on a trade mission to Asia – promptly rejected any new pipeline crossing his province's territory, as did many Quebec politicians when it comes to their province.

Alberta Premier Danielle Smith has cited the enormous economic damage caused by Canada's failure to build pipelines.

Had the Northern Gateway, Energy East and Keystone pipelines been built (Keystone was killed by then-U.S. president Barack Obama), she said, Canada would be producing 2.5 million more barrels of oil per day.

"That's $55 billion a year worth of GDP value, which is worth $17 billion to my government alone and about an equal amount to the federal government."

The Carney government does have more direct control of some issues it can move on to boost Canada's economic growth.

For example, it can introduce taxation policies that encourage businesses to invest in new technologies that boost productivity, as well as increase competition.

It can lower Canada's immigration levels so that increases in population do not exceed the rate of economic growth, which reduces GDP per capita.

It can reduce government spending.

But Carney's election campaign platform also outlined $130 billion in new spending over four years with total deficits of $224.8 billion.

While Carney says most of that will be spent on infrastructure, it's 71% higher than the $131.4 billion in deficit spending the Trudeau government predicted during the same period in its fall economic statement in December 2024.

Finally, of course, Carney needs to negotiate a deal on tariffs with Trump.
https://torontosun.com/opinion/columnists/goldstein-carney-cant-fix-canadas-underperforming-economy-on-his-own

The May jobs report came out and it was bad news again.