Canada is screwed. Consumer and public debt are reaching crisis levels.
Time for Alberta and Saskatchewan to bail before the ship sinks to the bottom.
https://finance.yahoo.com/news/canadas-rising-debt-crisis-surging-133000324.html
TORONTO, May 6, 2025 /CNW/ - A new national study from Money.ca reveals that Canada is facing a mounting debt and delinquency crisis, with average non-mortgage debt rising and delinquency rates spiking sharply across the country. The findings from Canada's Rising Debt Crisis shed light on growing financial vulnerability among Canadians, fueled by inflationary pressures, high housing costs, and rising interest rates.
No wonder the government is getting behind programs like MAID. When people's backs are to the wall, a few timely injections can stifle much of the wails of anguish and the government can tax the shit out of the deceased estates.
So glad I got out when I did.
Quote from: . on May 26, 2025, 07:06:59 AMNo wonder the government is getting behind programs like MAID. When people's backs are to the wall, a few timely injections can stifle much of the wails of anguish and the government can tax the shit out of the deceased estates.
So glad I got out when I did.
Canada is becoming a world leader for some dubious distinctions like medical assistance in dying.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/499927162_10227168214648269_731938376643106622_n.jpg?stp=dst-jpg_p552x414_tt6&_nc_cat=108&ccb=1-7&_nc_sid=833d8c&_nc_ohc=vin3_8pl70oQ7kNvwFxvij3&_nc_oc=AdnyH8NgXSweD2skJLt3T23nDfN4Qfuj-cqQ8N7nsPTcz6bS6zKfkYuxQewlpBMmGZo&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=LmBf3-mYi8QU09O_cexOmA&oh=00_AfLPguVX2yq6sPh1cbVlExqxXyNRKre7wP3KZ2Z3_dyajw&oe=683AC52A)
Watch this video to the end if you want to know just how corrupt this Liberal Party is and how dire Canada's fiscal situation really is.
https://www.youtube.com/watch?v=Oy9W4AR3eV4
Why Canada is broke and on the verge of becoming a third world nation.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/495006876_1034343005546244_8089323786445402205_n.jpg?stp=dst-jpg_p552x414_tt6&_nc_cat=1&ccb=1-7&_nc_sid=127cfc&_nc_ohc=C2hOBBQMYjsQ7kNvwHuyWRa&_nc_oc=AdlhwJE91SHNnb3W7J5SefHhjhcUXD5eCnWrx6Z54ZkrcesO2ZF5O_xxXvZxSSy4wwc&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=JZLyiYvuaZdNgXSH1_nuXQ&oh=00_AfIiVa7b45fJIeEt7bXmeGbH7fX86fMHDCwKB6d1L_NdLw&oe=683C2C57)
And the hollowing out of the indebted Canadian middle class will hot warp speed with Conman Carney's trade, energy, and spending insanity.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/480070836_122212835240022054_1358890130982587154_n.jpg?stp=dst-jpg_s565x565_tt6&_nc_cat=110&ccb=1-7&_nc_sid=833d8c&_nc_ohc=-VMHi8YcbqQQ7kNvwE6HFLn&_nc_oc=AdlGfz7JThiMHeXcNQs8y0dC-2vNL2HijBbAi7nym2BTi6seeUDzcw7kmv1a5ZSOUPw&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=KMyU-CZ2psTzxQIEmh4EqQ&oh=00_AfOq17A4yJg6MV56YpG8ZzvrS2joDvlsyOWoK1o426ILYw&oe=685BF67E)
The core of Canada's financial predicament lies in its staggering household debt. Canada's debt to household disposable income ratio has been nearly 200 per cent for years now. A figure that places it in first place among G7 countries.
By every metric we are failing as a country.(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/513539130_1058403103140234_476016965151715004_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=1&ccb=1-7&_nc_sid=127cfc&_nc_ohc=cdfj8G4mcz0Q7kNvwGebSUY&_nc_oc=AdnhMOKumKNMvm6QxMmVp7lsQwz2xgjbHkPegBnSZhgDuwYuULIjnHeAYiHxJp3_geY&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=LltZLeaRHJuKrhrUZ4hsCA&oh=00_AfPTGfVNEodlwji61RrB9EjbMtzFBMjYbpLGiPj1PD5jyA&oe=68661C90)
Quote from: Herman on June 28, 2025, 05:45:58 PMBy every metric we are failing as a country.(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/513539130_1058403103140234_476016965151715004_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=1&ccb=1-7&_nc_sid=127cfc&_nc_ohc=cdfj8G4mcz0Q7kNvwGebSUY&_nc_oc=AdnhMOKumKNMvm6QxMmVp7lsQwz2xgjbHkPegBnSZhgDuwYuULIjnHeAYiHxJp3_geY&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=LltZLeaRHJuKrhrUZ4hsCA&oh=00_AfPTGfVNEodlwji61RrB9EjbMtzFBMjYbpLGiPj1PD5jyA&oe=68661C90)
As bad as Canadian health care is, it will get much worse. It is unsustainable.
I have clients that have or will go to the US or abroad to get the care they cannot receive in Canada. It does not have to be this way, but collectively we would rather bankrupt the system rather than reform the Canada Health Act. And I mean all the federal parties including the Conservatives.
Canada is the only country in the G7 with more consumer debt than our GDP.
https://www.youtube.com/watch?v=ySxdfdl8gwU&t=491s
Quote from: Brent on July 04, 2025, 11:39:06 AMCanada is the only country in the G7 with more consumer debt than our GDP.
https://www.youtube.com/watch?v=ySxdfdl8gwU&t=491s
Canada's economic crash is coming.
Quote from: Thiel on July 04, 2025, 12:04:40 PMCanada's economic crash is coming.
idiot josephine LOVES it!!!!
Quote from: DKG on June 29, 2025, 10:30:33 AMAs bad as Canadian health care is, it will get much worse. It is unsustainable.
I have clients that have or will go to the US or abroad to get the care they cannot receive in Canada. It does not have to be this way, but collectively we would rather bankrupt the system rather than reform the Canada Health Act. And I mean all the federal parties including the Conservatives.
Better take advantage of these services while we have them....
DKG
DKG!
Like...I'm gonna retire soon.
Same I'm a gonna use that pension ta start a side business eh?
Just like my good friend
deadskinmask
deadskinmask. He said he's gonna start a business over at VF. I think he should given that the Trump administration is going after Americans entitlements.
People shouldn't sit around too long & remain idle fer too long.
Especially if they still have their health.... DKG!
Quote from: DKG on May 26, 2025, 11:20:54 AMCanada is becoming a world leader for some dubious distinctions like medical assistance in dying.
Or authoritarian government partnering with big business at the expense of and oppressing the individual. There's a word for that kind of behaviour...
Quote from: Brent on July 04, 2025, 11:39:06 AMCanada is the only country in the G7 with more consumer debt than our GDP.
https://www.youtube.com/watch?v=ySxdfdl8gwU&t=491s
Canada is so screwed. My grandkids are going to inherit a nation that has collapsed.
Quote from: . on July 04, 2025, 02:52:16 PMOr authoritarian government partnering with big business at the expense of and oppressing the individual.
That is our immigration system under the Liberals. Keep wages artificially low while selling jobs at Tim Horton's for fifty grand to people in India.
Quote from: Lokmar on July 04, 2025, 12:30:07 PMidiot josephine LOVES it!!!!
He doesn't care because I pay the bills in our love nest.
Quote from: JOE on July 04, 2025, 01:41:40 PMBetter take advantage of these services while we have them.... DKG
DKG!
Like...I'm gonna retire soon.
Sugarbuns, retire from what? Posting on forums.
Quote from: Thiel on July 05, 2025, 12:41:39 PMSugarbuns, retire from what? Posting on forums.
Hell ya. Your boyfriend, Eddie the Chug, Apegirl and Oakie all need to retire from the only thing gets them out of bed in the morning.
Quote from: Thiel on July 05, 2025, 12:41:39 PMSugarbuns, retire from what? Posting on forums.
JOEJ josephine, scathing point made by Thiel!!!
Quote from: Herman on July 04, 2025, 04:17:27 PMCanada is so screwed. My grandkids are going to inherit a nation that has collapsed.
Everybody will eventually be screwed hey
Herman
Herm?
Not jes Canada.
A lot of it will be because of yer Trump's Big Beautiful Bill, hey
Herman
Herm?
Lokmar is gonna have ta buy more bullets & hang onto his farm ta feed himself & his family eh?
Trump & the Republicans sold out the well being of his nation & people for short term gain.
All will suffer including Bible beating Mericans like Lokmar.
Hope you can grow yer own food... hey
Herman
Herm?
I suspect hard times are comin'. Me n Lokmar know this real good.
Money is pouring into the USA and employment is up and the stock market is the highest it's ever been.
America is the hottest country atm and everyone wants to do business with it.
Quote from: DKG on July 05, 2025, 09:55:48 AMThat is our immigration system under the Liberals. Keep wages artificially low while selling jobs at Tim Horton's for fifty grand to people in India.
Timmies is fucking horrible. Second Cup were way better and employed less wogs.
Well, the one nearest me did. Now it's a Coco... and Aegis Brands have put in a Bridgehead up the street. Which is staffed almost exclusively with soyents and curry eating fuckwits who (to be fair) make better coffee than either, but also charge like wounded bulls for it.
Quote from: . on July 05, 2025, 09:17:11 PMTimmies is fucking horrible. Second Cup were way better and employed less wogs.
Well, the one nearest me did. Now it's a Coco... and Aegis Brands have put in a Bridgehead up the street. Which is staffed almost exclusively with soyents and curry eating fuckwits who (to be fair) make better coffee than either, but also charge like wounded bulls for it.
Second Cup was my fave chain back in Canada.
I don't drink coffee at home but, I love meeting friends at coffee shops. That has not changed here in the Lion City.
Quote from: JOE on July 05, 2025, 02:41:45 PMEverybody will eventually be screwed hey Herman
Herm?
Not jes Canada.
A lot of it will be because of yer Trump's Big Beautiful Bill, hey Herman
Herm?
Lokmar is gonna have ta buy more bullets & hang onto his farm ta feed himself & his family eh?
Trump & the Republicans sold out the well being of his nation & people for short term gain.
All will suffer including Bible beating Mericans like Lokmar.
Hope you can grow yer own food... hey Herman
Herm?
I suspect hard times are comin'. Me n Lokmar know this real good.
Sweetie, remember I explained to you this morning after you blew me that it is people in Canada that will need guns and know how to grow their own food.
Mr Carney and the Liberals have sacrificed Canada's economy on the WEF alter. Canadians can't afford to eat properly.
Meanwhile Mr Trump's American economy is growing faster, producing jobs while Canada sheds jobs and economic growth.
Each day Canadians give up and are counted among the ranks of the homeless because Mr Carney and the Liberals have sold out Canada to globalists.
I don't suspect hard times are coming for Canada because they are already there. Will Canadians pour across the border in search of jobs and a better life because Mr Carney has taken it all away? I would not be surprised Sweetie.
Do you understand now Pussycat or do you need something in your mouth first?
Quote from: Thiel on July 06, 2025, 01:08:04 PMSweetie, remember I explained to you this morning after you blew me that it is people in Canada that will need guns and know how to grow their own food.
Mr Carney and the Liberals have sacrificed Canada's economy on the WEF alter. Canadians can't afford to eat properly.
Meanwhile Mr Trump's American economy is growing faster, producing jobs while Canada sheds jobs and economic growth.
Each day Canadians give up and are counted among the ranks of the homeless because Mr Carney and the Liberals have sold out Canada to globalists.
I don't suspect hard times are coming for Canada because they are already there. Will Canadians pour across the border in search of jobs and a better life because Mr Carney has taken it all away? I would not be surprised Sweetie.
Do you understand now Pussycat or do you need something in your mouth first?
JOEJ josephine, Thiel appreciates your dick sukin!
Quote from: Lokmar on July 06, 2025, 01:56:45 PMJOEJ josephine, Thiel appreciates your dick sukin!
But that's a sin in yer religion...Lokmar!
Doesn't that bother you that you advocate sin?!?
Yer God might not approve & ya won't go ta heaven
Could be hell instead fer you Bud!
Quote from: JOE on July 06, 2025, 02:55:04 PMBut that's a sin in yer religion...Lokmar!
Doesn't that bother you that you advocate sin?!?
Yer God might not approve & ya won't go ta heaven
Could be hell instead fer you Bud!
WUT? I'd tie you both together and throw you off a hotel! Hardly a case of promoting your evil!
Quote from: Lokmar on July 06, 2025, 03:19:09 PMWUT? I'd tie you both together and throw you off a hotel! Hardly a case of promoting your evil!
If it wasn't for you and old Thiel quoting him, I would have forgot Joe was still here. :s_laugh:
This was written by a former Liberal strategist who is disgusted with today's Liberal Party.
Carney's stunning plan now to actually increase spending will both accelerate inflation and push the international value of our currency down once more.
"This spending spree means Canadians' kids and grandkids will be making payments on Ottawa's debt for the rest of their lives."
Unlike the US where Congress and the president are trying to make life cheaper and put more money in the hands of Americans, Carney's does the opposite and will slow our pitiful growth even further.
Quote from: Lokmar on July 06, 2025, 03:19:09 PMWUT? I'd tie you both together and throw you off a hotel! Hardly a case of promoting your evil!
I'm so glad I'll be retiring soon & sin-free ...@
Lokmar!
Plus now I'm gettin
Herman
Herm & his hardworking son ta support me in my retirement...Lokmar!
It's like goin ta heaven an I didn't even have ta die...Bud!
Ain't that rif
Quote from: JOE on July 06, 2025, 04:14:05 PMI'm so glad I'll be retiring soon & sin-free ...@
Lokmar!
Good job at avoiding AIDS I guess? :dontknow:
Quote from: JOE on July 06, 2025, 04:14:05 PMI'm so glad I'll be retiring soon & sin-free ...@
Lokmar!
Plus now I'm gettin Herman
Herm & his hardworking son ta support me in my retirement...Lokmar!
It's like goin ta heaven an I didn't even have ta die...Bud!
Ain't that rif
Sweetie, as I have explained to you several times after we have sex, only people who work can retire. Posting on forums doesn't count as a job.
Quote from: Lokmar on July 06, 2025, 03:19:09 PMWUT? I'd tie you both together and throw you off a hotel! Hardly a case of promoting your evil!
Everybody thinks Jo Jo and I are just the cutest couple.
Quote from: Lokmar on July 06, 2025, 04:17:54 PMGood job at avoiding AIDS I guess? :dontknow:
Jo Jo is not a tramp. We have a monogamous relationship.
Quote from: Lokmar on July 06, 2025, 04:17:54 PMGood job at avoiding AIDS I guess? :dontknow:
I'll be enjoying retirement while yer still be working hard....Lokmar!
And while I sleep in ever day, after I wake up I'll thank the Lord that people like Lokmar are working so hard so I can enjoy my retirement eh.
And
Herman
Herm & his son will be working just as hard paying taxes ta support me, eh Bud?
Quote from: JOE on July 06, 2025, 05:03:27 PMI'll be enjoying retirement while yer still be working hard....Lokmar!
Oh, but I get to wake up every morning knowing I'm not you! Much better, josephine!
Quote from: Lokmar on July 06, 2025, 05:19:23 PMOh, but I get to wake up every morning knowing I'm not you! Much better, josephine!
Work hard, Bud!
You gotta family to support & alimony ta pay from a previous marriage, eh?
Quote from: JOE on July 06, 2025, 05:30:05 PMWork hard, Bud!
You gotta family to support & alimony ta pay from a previous marriage, eh?
WTF are you talking about? When we first split up, I got custody and that dumb bitch paid ME child support, which she promptly fell behind on. If you have questions regarding my 30+ year old kids from my first marriage, just ask instead of making wild assertions that make an ass out of yourself! Try to be less irritating or I'll put you on ignore like many others here have done!
Quote from: Lokmar on July 06, 2025, 06:19:00 PMWTF are you talking about? When we first split up, I got custody and that dumb bitch paid ME child support, which she promptly fell behind on. If you have questions regarding my 30+ year old kids from my first marriage, just ask instead of making wild assertions that make an ass out of yourself! Try to be less irritating or I'll put you on ignore like many others here have done!
Look old Joe is projecting. The old fairy is scared shitless his boyfriend Thiel will kick his broke ass to the curb.
Do you think the Conman Carney Liberals are worse than the Justine Liberals yet?
Nothing has changed other than they are speeding up the destruction of Canada.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/515491173_1066160969031114_8468424334709830471_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=101&ccb=1-7&_nc_sid=127cfc&_nc_ohc=_bi845K1j2QQ7kNvwHSfaMy&_nc_oc=AdlpydR6MMdhtMOlEtOW5knZsBHv16d9Jndoi2hmiddxSykUe46z7OhjuyAmgHvY9oc&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=4pfbxFAYmQ347MbBpyfJ2A&oh=00_AfSND0Nzrnh0bujWNgzkqO95eEFez06VX23zumbkyF2oGA&oe=6871D74F)
A Liberal friendly economist is recommending the Carney government increase the GST to pay for the mountain of debt he plans on adding. This is in addition to their economic advisors recommending an appreciation tax on Canadian homes.
The US is lowering taxes and encouraging investment to spur rapid economic growth to pay the bills. Canada is doing the opposite. Which path do you think will lift more boats.
Quote from: DKG on July 08, 2025, 01:40:36 PMA Liberal friendly economist is recommending the Carney government increase the GST to pay for the mountain of debt he plans on adding. This is in addition to their economic advisors recommending an appreciation tax on Canadian homes.
The US is lowering taxes and encouraging investment to spur rapid economic growth to pay the bills. Canada is doing the opposite. Which path do you think will lift more boats.
The past ten years have been expensive for folks. Conman Carney aint changing that.
Quote from: Herman on July 08, 2025, 02:18:13 PMThe past ten years have been expensive for folks. Conman Carney aint changing that.
He is going to accelerate it with more crony cash, higher taxes and sluggish growth.
Mark Carney wants to ban new gas and diesel vehicle sales by 2035 and you must act now before it's too late.
This ban could cost taxpayers like you nearly $300 billion by 2040, according to a federal report. And that doesn't even include the impact of the skyrocketing cost of electricity.
For families already struggling, this is the last thing they need. More taxes, bigger electricity bills, less affordable options at the car dealerships.
The CEOs of Ford, GM and Stellantis say families will be stuck with fewer, more expensive and less reliable options, especially since Ottawa wants one in five cars sold to be electric by 2026.
Carney is charging ahead anyway.
Opposition MP Melissa Lantsman tried to scrap the ban by pushing a motion in Parliament, but government MPs shut it down.
Quote from: Lokmar on July 06, 2025, 05:19:23 PMOh, but I get to wake up every morning knowing I'm not you! Much better, josephine!
Joe is on Old Age Security. It is not much to live on. He has to go to the food bank for salty instant pasta.
I am on a provincial pension for my mental problems. When I turn sixty five like Joe I will go on Old Age Security too.
Quote from: Eddie the chug on July 10, 2025, 03:18:16 PMJoe is on Old Age Security. It is not much to live on. He has to go to the food bank for salty instant pasta.
I am on a provincial pension for my mental problems. When I turn sixty five like Joe I will go on Old Age Security too.
Does your invalid welfare pay enough to keep you guzzling hand sanitizer?
No wonder Canadians are broke. The Liberal dictatorship is wasting their cash on this shit and raising their taxes to pay for it.
Ya cannot blame companies for taking their investment dollars South of the border.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/517985443_743402001566591_488811700950084164_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=102&ccb=1-7&_nc_sid=833d8c&_nc_ohc=RVHKMKkfKMQQ7kNvwGmpgFF&_nc_oc=AdkvtBuuXAO0Fwsc6CIxhpy66a8gy50slfjYZ-KgxgXrZT2YAAbA9i7L6dRYdERLUeg&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=8yJK2IpOt7DXy-EV555WAQ&oh=00_AfQNc_iXeGdoi6YnmufBeW9aRVdJ_ZPcT_xAUlTfph8L_w&oe=68773167)
Carney is so deceitful. He is going to run two budgets to hide the massive deficits he will be adding to our national debt over the next four years.
Meanwhile, South on the border President Trump's tariffs which I supported produced a surplus in the month of June. It was not just the tariffs. The DOGE cuts to waste helped too.
QuotePart of the Liberal campaign platform was a plan to split the federal budget into two budgets — an operating budget and a capital budget.
Carney may very well be seeking savings on the operating side, but he has also signalled plans to ramp up capital spending, which could still mean major increases in the federal debt.
The C.D. Howe Institute is wary of that exact possibility.
"The large deficits projected...cannot be downplayed or disguised by dividing the budget into two new categories — operating and capital — and targeting a balanced operating budget only, as proposed in the election platform."
Among the many problems created by presenting two separate budgets is that it would allow Carney to add all kinds of new spending over the next four years and simply label it capital spending, all the while pointing to operational spending cuts and an improving picture there.
But that's like cutting back on spending on one credit card but spending more on a second.
Ultimately, the bill must be paid, no matter which taxpayer credit card Carney chooses to use.
Ahead of this fall's budget, Carney would be wise to drop his plan for budget gimmicks and stick to a single plan that includes real savings and clear spending cuts. It's time to end the party with taxpayer money and return to the Chretien consensus that balanced budgets matter.
https://torontosun.com/opinion/columnists/jay-goldberg-will-carney-pursue-real-spending-cuts-or-voodoo-budgeting
Quote from: Brent on July 13, 2025, 11:56:06 AMCarney is so deceitful. He is going to run two budgets to hide the massive deficits he will be adding to our national debt over the next four years.
Meanwhile, South on the border President Trump's tariffs which I supported produced a surplus in the month of June. It was not just the tariffs. The DOGE cuts to waste helped too.
https://torontosun.com/opinion/columnists/jay-goldberg-will-carney-pursue-real-spending-cuts-or-voodoo-budgeting
That is financial sleight of hand. Mr Carney is not a serious banker or economist. He is serious about decption through trickery.
Quote from: DKG on July 14, 2025, 10:11:29 AMThat is financial sleight of hand. Mr Carney is not a serious banker or economist. He is serious about decption through trickery.
He is going to have young Canadians moving from their parents homes into Brookfield supplied cardboard boxes.
Quote from: DKG on July 14, 2025, 10:11:29 AMThat is financial sleight of hand. Mr Carney is not a serious banker or economist. He is serious about decption through trickery.
Is it ever. How the fuck does Carney get away with this.
In just 16 months I have grown used to the transparency here. Camada is fucking corrupt. I could never adjust to living in that 3rd world wannabe again
Quote from: Shen Li on July 14, 2025, 08:44:55 PMIs it ever. How the fuck does Carney get away with this.
Propaganda I'm guessing. I also wouldn't rule out election interference.
If the Trudeau years were remarkable for anything, it was the speed and carelessness with which the Liberal government spent money — taxpayers' money.
The Liberals increased the size of the federal budget to well over $500 billion in just 10 years from $281 billion in 2015 — a staggering 93 per cent increase.
If they had allowed federal spending to increase by just the amount of population growth and inflation during that decade, the figure today would be about $363 billion, but it's closer to $540 billion.
So even after accounting for inflation and population growth, the Trudeau government increased the size of the federal government by well over 40 per cent. That even includes the way they let immigration and rising prices both get way out of control.
So when federal public-sector unions, like PSAC (the Public Service Alliance of Canada) start threatening that essential services will be cut if the Carney government touches even a dollar of public spending, don't listen.
Carney is an elitist who hates the entire working class so I expect he will cut transfers to provinces for health care instead of firing prog civil servants who serve no purpose for Canadian workers.
Quote from: Shen Li on July 14, 2025, 08:44:55 PMIs it ever. How the fuck does Carney get away with this.
In just 16 months I have grown used to the transparency here. Camada is fucking corrupt. I could never adjust to living in that 3rd world wannabe again
Most nations are heavily in debt
Shen Li
Shen or have leveraged their economies.
Only perhaps a handful like Norway, Switzerland & Singapore have stellar balance sheets with AAA credit ratings.
Maybe Canada still makes that list because of its abundance of natural resources and a relatively small population to support.
But as you point out Canada might not be as well managed as the top 3.
Australia is also AAA and its debt to gdp ratio 8s considerably lower.
Quote from: JOE on July 17, 2025, 01:41:29 PMMost nations are heavily in debt Shen Li
Shen or have leveraged their economies.
Only perhaps a handful like Norway, Switzerland & Singapore have stellar balance sheets with AAA credit ratings.
Maybe Canada still makes that list because of its abundance of natural resources and a relatively small population to support.
But as you point out Canada might not be as well managed as the top 3.
Australia is also AAA and its debt to gdp ratio 8s considerably lower.
Sugarbuns, remember what I told you after we had sex last night that it's rude to respond to a post with a reply that is not about the topic. Do you remember Sweetie? It was while we were spooning.
This topic is about Canadians being among the most indebted consumers in the first world. After a decade and counting of Liberal mismanagement Canadians are among the most indebted consumers in the developed world.
The consequences of this are that Americans are now about forty percent richer than Canadians. About twelve years ago they were roughly equal.
Rapidly growing debt without growing the economy is a one way ticket to developing world status. Just ask Argentina about that. And this is why Canada's problems are particularly acute.
I also should mention Canada is not honest about how they account for debt. Liberal Party governments offload federal debt to the provinces in the form of reduced transfers.
Understand now Honeybuns or should we jump in the sack first.
Another reason why Canadians are broke.
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Quote from: . on July 17, 2025, 12:22:46 PMPropaganda I'm guessing. I also wouldn't rule out election interference.
The past three elections in fact. China has had it's thumb on the scale for the Liberals.
Quote from: DKG on July 18, 2025, 10:06:24 AMThe past three elections in fact. China has had it's thumb on the scale for the Liberals.
Trudeau blocked an investigation into some of his MP's who were getting election help from China.
Our country has become a joke.
Quote from: Herman on July 17, 2025, 11:49:42 PMAnother reason why Canadians are broke.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/515506589_1074672981513246_4720820024017245486_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=1&ccb=1-7&_nc_sid=127cfc&_nc_ohc=pMBzA6DTq_QQ7kNvwHqNGC-&_nc_oc=AdlvWk9oEn8k-sTJdnQ6em8iHfrEZOkXJcRyMaFSefLWx2OieNluOyxn6Jsyy5ltojo&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=tiIpn0kxizWPP6ij6DphjQ&oh=00_AfSg4Rui3eNcx8eEfPexDo0pBiwavewIF3h6rmhqqw6jmg&oe=687FAF07)
This Liberal regime is trying to destroy middle class prosperity. Mr Carney was appointed to make a lot of money for himself and his fellow investors and then he will be gone. Mark my words.
Quote from: Thiel on July 18, 2025, 01:27:45 PMThis Liberal regime is trying to destroy middle class prosperity. Mr Carney was appointed to make a lot of money for himself and his fellow investors and then he will be gone. Mark my words.
I know he is a one an done pm. He will not be the Grit leader in four years. He will have made his money and fled Canada just like old Shen Li. :crampe:
Quote from: Herman on July 18, 2025, 03:12:06 PMI know he is a one an done pm. He will not be the Grit leader in four years. He will have made his money and fled Canada just like old Shen Li. :crampe:
No Carney is trying to deliver the pipelines & natural resource extraction you want so they can benefit people like you, hey
Herman
Herm?
It's a middle class destroying carbon tax in all but name.
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That was pretty obvious Pete, but the Liberals did not care then and they do not care now.
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Quote from: Herman on July 18, 2025, 03:28:58 PMIt's a middle class destroying carbon tax in all but name.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/518359607_778648837848957_3519395776000512211_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=105&ccb=1-7&_nc_sid=127cfc&_nc_ohc=MgIDr7RjW_cQ7kNvwFd3qxe&_nc_oc=AdnOAi43KIVYuKiOO14dCq75j0WPcs2xYNo7fUOzwYHXZ56MlzXe9ENd-Yroo_kOlaI&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=PMew_qMknTofQJG3Sstirw&oh=00_AfRhlFplXv7oDdZM-Mx6-dKzX7Kgn8IQXb_5sSnSwwduyA&oe=6880632D)
Younger working age Canadians are going to hate old white Canadians for giving this awful regime a fourth term.
I think the RCMP is spot on that there is going to be mass social upheaval in Canada as Ottawa continues to destroy the economic and social fabric that held Canada together.
Not even a change of government in Ottawa will make much difference anymore. It's too late for that now. The Canadian dream we immigrated to Canada for in the 90's is over and it'll never come back. I'm sooooooo fucking glad we got out when we did.
Quote from: Shen Li on July 18, 2025, 06:03:14 PMYounger working age Canadians are going to hate old white Canadians for giving this awful regime a fourth term.
I think the RCMP is spot on that there is going to be mass social upheaval in Canada as Ottawa continues to destroy the economic and social fabric that held Canada together.
Not even a change of government in Ottawa will make much difference anymore. It's too late for that now. The Canadian dream we immigrated to Canada for in the 90's is over and it'll never come back. I'm sooooooo fucking glad we got out when we did.
That's why older Canadians like myself have decided to retire now 'stead a later, eh
Shen Li
Shen?
Somehow me thinks this retirement honeymoon caint last eh Shen?
Better ta git the benefits now rather than later.
Anyway people who think they kin sit around do nothin for 20 years & think theyll have enough in retirement are livin the pipe dream Shen.
Our Grandparents & ancestors used ta work till they dropped dead eh?
Carney made official what we all knew: he's not serious about approving a new pipeline. He effectively ruled it out when he said he's not going to amend the consultation process.
Bill C-5 which the Conservatives voted yes on will get some crony capitalism green projects built that benefit a very few wealthy friends of the pm but will not create jobs and build provincial and federal coffers. Canada's economic slide gains speed.
Quote from: DKG on July 19, 2025, 10:31:57 AMCarney made official what we all knew: he's not serious about approving a new pipeline. He effectively ruled it out when he said he's not going to amend the consultation process.
Bill C-5 which the Conservatives voted yes on will get some crony capitalism green projects built that benefit a very few wealthy friends of the pm but will not create jobs and build provincial and federal coffers. Canada's economic slide gains speed.
Brookfield companies will see their bottom lines do very well. Working class Canadians' bottom lines not so much. This Liberal regime has always worked exclusively for the rich and connected.
Quote from: Brent on July 19, 2025, 12:05:58 PMBrookfield companies will see their bottom lines do very well. Working class Canadians' bottom lines not so much. This Liberal regime has always worked exclusively for the rich and connected.
Jo Jo and I were discussing this last night while cuddling on the couch watching Fox News.
Quote from: Shen Li on July 18, 2025, 06:03:14 PMYounger working age Canadians are going to hate old white Canadians for giving this awful regime a fourth term.
I think the RCMP is spot on that there is going to be mass social upheaval in Canada as Ottawa continues to destroy the economic and social fabric that held Canada together.
Not even a change of government in Ottawa will make much difference anymore. It's too late for that now. The Canadian dream we immigrated to Canada for in the 90's is over and it'll never come back. I'm sooooooo fucking glad we got out when we did.
Kid I am glad I live on a farm and I am armed.
Old Lokmar talks about a civil war in the US. We are a lot closer to it than the US.
In about ten years every city will be like Buenos Aires twenty years ago.
Frustrated Canadians who cannot afford rent food transportation and clothing take it by force from those that can.
Anybody who owns a brick and mortar business will be screwed.
Quote from: Herman on July 19, 2025, 07:14:29 PMKid I am glad I live on a farm and I am armed.
Old Lokmar talks about a civil war in the US. We are a lot closer to it than the US.
In about ten years every city will be like Buenos Aires twenty years ago.
Frustrated Canadians who cannot afford rent food transportation and clothing take it by force from those that can.
Anybody who owns a brick and mortar business will be screwed.
We can see people getting restless as we get more third world problems.
Quote from: Herman on July 19, 2025, 07:14:29 PMKid I am glad I live on a farm and I am armed.
Old Lokmar talks about a civil war in the US. We are a lot closer to it than the US.
In about ten years every city will be like Buenos Aires twenty years ago.
Frustrated Canadians who cannot afford rent food transportation and clothing take it by force from those that can.
Anybody who owns a brick and mortar business will be screwed.
If I lived in Canada, I'd be buying as many Ar-15's and AK-47's as I could on the black market! I'd also be transporting ammo from America to Canada by any means!
Quote from: Lokmar on Today at 12:51:46 PMIf I lived in Canada, I'd be buying as many Ar-15's and AK-47's as I could on the black market! I'd also be transporting ammo from America to Canada by any means!
In Ontario and Quebec gun crime is exploding and all of the firearms used in crime are black market. What did Mr Trudeau do about it and what is Mr Carney doing about it? They are banning legal firearms. :crazy:
Quote from: Lokmar on Today at 12:51:46 PMIf I lived in Canada, I'd be buying as many Ar-15's and AK-47's as I could on the black market! I'd also be transporting ammo from America to Canada by any means!
All the rural folks I know are armed to the teeth. Mostly if any chugs show up uninvited on their properties. But, if shit goes South in Canada and it will, they are ready. Hopefully Alberta and Saskatchewan are out of Canada by then.