THeBlueCashew

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.
(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)

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.
(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)

That was pretty obvious Pete, but the Liberals did not care then and they do not care now.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/521204377_1075420564771821_1267357973989444693_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=106&ccb=1-7&_nc_sid=127cfc&_nc_ohc=nfuezUQOHs8Q7kNvwHArb-6&_nc_oc=AdnzWMmk5AQeBdXlZRLKf5Qo9rlRo66uA4FdyPsT76wwhFqr4sTSKpfLtGpQsoh8o54&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=H9JWk6lbAkmeWPNCxRLUyQ&oh=00_AfShbe6bpZbSgJXlRr9cE3sg_5LryPbqZDgueex6uV8k_A&oe=68805B72)

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 July 20, 2025, 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 July 20, 2025, 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.

Quote from: Herman on July 20, 2025, 03:01:23 PMAll 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.

Canada's problems are so acute, the best way to save the nation and it's identity is to break it up. Perhaps a union of independent new sovereign states.

That's an interesting idea. Use the US dollar tho.

Conman Carney and co are sending even more of our money to their rich consultant friends while the country is losing jobs and investment moves South of the border.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/520169695_1077772977869913_4003102030094887123_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=111&ccb=1-7&_nc_sid=127cfc&_nc_ohc=c-DZBxankGUQ7kNvwEELJDU&_nc_oc=AdlGMETMpwGWX-Ls8wDBzd3lsZ5WvkDC2jfBJ06qu58hbwQ5rmTQp1MnqvfRqHI449k&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=MFnC_GOgdofJZLMGdusrSA&oh=00_AfTnZtYdIBR2sfBE-gZI3KeuRZ_OeLEe6d584_dyQ0-kww&oe=68859BEF)

Millions of Canadians depend on food banks not to starve, but the Liberals are spending billions on fake refugees to stay in hotels. :facepalm:

Should our tax dollars be funding bankrupt comedy festivals? No wonder this country and it's people are broke.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/520759286_1078800187767192_7133859881852900637_n.jpg?stp=dst-jpg_p180x540_tt6&_nc_cat=102&ccb=1-7&_nc_sid=127cfc&_nc_ohc=ra7ZCingOMMQ7kNvwET77d1&_nc_oc=AdkfW8DdWWJOW-9Kum8KF8ibPvz1lfbC4cWaeLm9nWQv5W4a7TkxHrHrmOFl8raYvCY&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=PbogULj6pRnLyhb8O14wrg&oh=00_AfQz1awJotQ5sJRC1nLZPXe1Fcr-T86PB61YGTsRDVJYMQ&oe=6889B267)

Conman Carney says everyone wants to invest in Canada under him.
The statistics show otherwise.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/520872217_1079560487691162_2191657045591146958_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=100&ccb=1-7&_nc_sid=127cfc&_nc_ohc=FuRTb28fcO0Q7kNvwFgIo_w&_nc_oc=AdlzP3oty_wc0nvSmIiA6Z24aXv5GJcNSIo4gvxLR6kdDzdCJSbxRhqMQJDYbj6ycVs&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=Za9ty7LvbdSj6mBIzbqQvg&oh=00_AfQZidRmN63uQz0MZJowz4uFU3WL4d9AeSRXbWp2ozk4JQ&oe=6889B279)

According to the MacDonald-Laurier Institute government spending accounts for sixty four percent of GDP. As a comparison government spending in the USSR ranged from fifty to seventy percent of GDP.

Private investment wants nothing to do with Canada.

Do you think there's a connection here?
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/515435717_1081055210875023_2287411348375816229_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=107&ccb=1-7&_nc_sid=127cfc&_nc_ohc=Rq2jCpzzGrYQ7kNvwH24mbd&_nc_oc=Adn9uDNTBeNQVpeRKjIk2WkcMRMpJWpb7DQW5Nzbi4KFW5DPSl3Wn_rsHVdhR5CNrSw&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=i-FhWYKNgTM7mBbZmNCREw&oh=00_AfSTspmgQGgS_khdSH7B5P4pLkV_F6XdVv2vhkwyo2zxRg&oe=688C5ABA)

Quote from: Herman on July 27, 2025, 02:46:41 PMDo you think there's a connection here?
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/515435717_1081055210875023_2287411348375816229_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=107&ccb=1-7&_nc_sid=127cfc&_nc_ohc=Rq2jCpzzGrYQ7kNvwH24mbd&_nc_oc=Adn9uDNTBeNQVpeRKjIk2WkcMRMpJWpb7DQW5Nzbi4KFW5DPSl3Wn_rsHVdhR5CNrSw&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=i-FhWYKNgTM7mBbZmNCREw&oh=00_AfSTspmgQGgS_khdSH7B5P4pLkV_F6XdVv2vhkwyo2zxRg&oe=688C5ABA)

The Liberals with the help of my former party the NDP are deliberately undermining and betraying Canadians.

Justine and Conman Carney have finally made Canada number one in something.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/525642348_10161379008832617_8008673625014814648_n.jpg?stp=dst-jpg_s640x640_tt6&_nc_cat=104&ccb=1-7&_nc_sid=833d8c&_nc_ohc=Qv4UWK6fB4cQ7kNvwFX0IID&_nc_oc=AdmWhWjB61NR72McNLzIQPurtRL5ysSc81SM1LhusbcGLWPmsyrBIVSXOeSQ2DmSXKQ&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=uvqzA-F6li5h7l1IGHzO_A&oh=00_AfRCmhsx7UO1pHWSVZdA28rxyqNIJfhz_BpAwVvnoHHciA&oe=689039F4)

This is only the federal government's debt. It aint including provincial debt or broke as fuck Canadian consumer debt.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/523110550_1083452137301997_7574819504962744533_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=106&ccb=1-7&_nc_sid=127cfc&_nc_ohc=V70Epj-SDvgQ7kNvwGbooDs&_nc_oc=Admymf3nrTQsioa62rBJ9LJXSSZpK9gekcX8tih3QBJr71umqpfDsS5oR39Xeof-RQE&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=UkFnFG8NfA18nkljpsPADQ&oh=00_AfRR2_w-k1wltz90UPvOpMO9wwGOzqZ5J4K1haD_r5THIg&oe=68907F86)

Conman Carney says everyone wants to invest in Canada under him.
The statistics show otherwise.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/520872217_1079560487691162_2191657045591146958_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=100&ccb=1-7&_nc_sid=127cfc&_nc_ohc=wsDUKOoYdngQ7kNvwE3gaGl&_nc_oc=Adnrdtj6BHY3XZSvPmeiRq5S7LHKUlOKMEcaIQHLoBOx6a1dy2EB0HGGY0OEqvzvHgE&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=jzQfOzJBN9mGmNIvsdQhJA&oh=00_AfVuPLVjoZjb9YT0iAFXSbRt7_38O24Q84xo0m51FvBoKQ&oe=689719B9)

Quote from: Herman on August 04, 2025, 07:26:26 PMConman Carney says everyone wants to invest in Canada under him.
The statistics show otherwise.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/520872217_1079560487691162_2191657045591146958_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=100&ccb=1-7&_nc_sid=127cfc&_nc_ohc=wsDUKOoYdngQ7kNvwE3gaGl&_nc_oc=Adnrdtj6BHY3XZSvPmeiRq5S7LHKUlOKMEcaIQHLoBOx6a1dy2EB0HGGY0OEqvzvHgE&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=jzQfOzJBN9mGmNIvsdQhJA&oh=00_AfVuPLVjoZjb9YT0iAFXSbRt7_38O24Q84xo0m51FvBoKQ&oe=689719B9)

Even if the phone was "ringing off the hook" they would be calls from European and Asian countries that want our natural resources. And the answer to that from the Liberals has always been and always will be NO.

Conman Carney will just raise your taxes to pay the growing service payments on the debt.

Liberals keep trying to fool us into believing that the government will compensate all our losses as if they have a fountain of money!
Where is the relief money going to come from? We are going to compensate ourselves for the failures of our government.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/544952480_122214240566108219_2832813803155587722_n.jpg?stp=dst-jpg_s640x640_tt6&_nc_cat=110&ccb=1-7&_nc_sid=833d8c&_nc_ohc=Rcvb3nl704IQ7kNvwH0TLhc&_nc_oc=AdlTSgtm_VIQb16L9UMwdrcY9LxABmKCNjnTIg1iOmzlYnzStcKm1aEmj1cKYpJBXs4&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=vxFhLA9hSozS4LYys4SEZg&oh=00_AfaCcbMFXnL67Lz1pbUBpCehUOwPu2oZGCs4Xv784iUQfA&oe=68C56DBA)

Quote from: Herman on September 08, 2025, 10:03:01 PMLiberals keep trying to fool us into believing that the government will compensate all our losses as if they have a fountain of money!
Where is the relief money going to come from? We are going to compensate ourselves for the failures of our government.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/544952480_122214240566108219_2832813803155587722_n.jpg?stp=dst-jpg_s640x640_tt6&_nc_cat=110&ccb=1-7&_nc_sid=833d8c&_nc_ohc=Rcvb3nl704IQ7kNvwH0TLhc&_nc_oc=AdlTSgtm_VIQb16L9UMwdrcY9LxABmKCNjnTIg1iOmzlYnzStcKm1aEmj1cKYpJBXs4&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=vxFhLA9hSozS4LYys4SEZg&oh=00_AfaCcbMFXnL67Lz1pbUBpCehUOwPu2oZGCs4Xv784iUQfA&oe=68C56DBA)

Spending your money for compensation would not be necessary if your pm would get off his ass and get a deal with Washington.

In 5 months, Conman Carney has boosted government spending by 8%, spent 37% more on consultants, and will raise the cost of the average bureaucrat to $172,000 by the end of the decade.
If that is what he calls austerity, I'd hate to see what he calls excess.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/542495268_1334110988076750_7046901459126835964_n.jpg?stp=dst-jpg_s640x640_tt6&_nc_cat=101&ccb=1-7&_nc_sid=127cfc&_nc_ohc=7kisHduoKEUQ7kNvwG8Q_EG&_nc_oc=Adlt4OpvQNtIpKo_FwByvypMU_KDLjlonx5TUnRKgY3toVSw0HeHJeoWMKE_5aXTX3k&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=px6Vhtnf3dBJKstUupgiWA&oh=00_AfYo2M1sPwPiRLAvRk3K6LJQ8pXeZYaTPypE7Oacyg81UA&oe=68C6A172)

Would you pay $3.25 million for a tiny, modular home from Brookfield?
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/548270927_1126449413002269_7736285234069904903_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=109&ccb=1-7&_nc_sid=127cfc&_nc_ohc=NuVcL5LTX2QQ7kNvwGaKalc&_nc_oc=AdnS_lfWMoRIuZNaGZjUEP0oweCWNZrlsj7xb5sb1noNtqtjXy6UPaGv81NjgKpFz-4&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=5P-edrmvYrfKIqLL3hvyJw&oh=00_AfawIocyElRtMu35G6E07RfIXnAZAkc3sf153E46c7d9CQ&oe=68D11958)

Same circus, different clown.
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/548281059_1125776049736272_5410882253749177144_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=101&ccb=1-7&_nc_sid=127cfc&_nc_ohc=tlVbi5Dv-DoQ7kNvwGtN_8x&_nc_oc=AdmDolfvFnwFGF-eJMpoe2Uy0RjBnhkGvQTyg4wCHuFANZfzUx0ewG4YpOnUhOHIoLY&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=GitGrR1gKuNHC00y9HZPKg&oh=00_AfYy_P7Vv_AFs6zPFttg0f7JUpFLB8W9CmF_7CdfaOEf0g&oe=68D10B6C)

Quote from: Herman on September 17, 2025, 07:18:04 PMWould you pay $3.25 million for a tiny, modular home from Brookfield?
(https://scontent-yyz1-1.xx.fbcdn.net/v/t39.30808-6/548270927_1126449413002269_7736285234069904903_n.jpg?stp=dst-jpg_p526x296_tt6&_nc_cat=109&ccb=1-7&_nc_sid=127cfc&_nc_ohc=NuVcL5LTX2QQ7kNvwGaKalc&_nc_oc=AdnS_lfWMoRIuZNaGZjUEP0oweCWNZrlsj7xb5sb1noNtqtjXy6UPaGv81NjgKpFz-4&_nc_zt=23&_nc_ht=scontent-yyz1-1.xx&_nc_gid=5P-edrmvYrfKIqLL3hvyJw&oh=00_AfawIocyElRtMu35G6E07RfIXnAZAkc3sf153E46c7d9CQ&oe=68D11958)

I forget how many hundreds of thousands of homes he promised to build with his new corrupt crown corporation. Another broken promise.

Quote from: DKG on September 18, 2025, 07:35:06 AMI forget how many hundreds of thousands of homes he promised to build with his new corrupt crown corporation. Another broken promise.

By the time I am done with Canada everybody except Brookfield investors will be bankrupt.

Quote from: Mark Carney on September 19, 2025, 10:06:40 AMBy the time I am done with Canada everybody except Brookfield investors will be bankrupt.

Estimates — and that's all they are at this point — are that the deficit will be about $70 billion, up from the $42.8 billion for last year that the Liberals predicted in their December financial statement.

That would also be higher than the $61.9 billion deficit the Liberals predicted for the 2023-24 fiscal year in their fall economic statement.

That was 54% higher than the $40.1 billion deficit that then finance minister Chrystia Freeland said was a necessary fiscal anchor to keep government spending in check, before resigning over the issue on the day she was to deliver the fall economic statement.

Heading into the November budget, interim parliamentary budget officer Jason Jacques told a Commons committee Tuesday that he isn't sure if the Carney government has any fiscal anchors left, causing "a considerable degree of concern at this point."

Quote from: Mark Carney on September 19, 2025, 10:06:40 AMBy the time I am done with Canada everybody except Brookfield investors will be bankrupt.

Jo Jo and I were talking in bed this morning that you are off to the worst start of any prime minister in Canadian history.

Quote from: Mark Carney on September 19, 2025, 10:06:40 AMBy the time I am done with Canada everybody except Brookfield investors will be bankrupt.

The nation is almost there now, so your mission is almost accomplished.

Conman Carney is costing us.
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This aint going to end well.
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Quote from: Herman on September 23, 2025, 04:29:08 PMThis aint going to end well.
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I know it will not end well. :yeahhh:

Quote from: Herman on September 23, 2025, 04:29:08 PMThis aint going to end well.
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Actually I hope there's a real estate crash in the USA & Canada soon, hey Herman Herm?

Itll make Real Eatate more affordable in both our countries.

If we have a 60-70% crash that's be great so there would be some deals to be had.

I hope the Real Estate Market does crash and along with it the stock market so the average buyer can buy in at lower prices hey Herman Herm 'n Lokmar?

Quote from: JOE on September 23, 2025, 06:51:49 PMActually I hope there's a real estate crash in the USA & Canada soon, hey Herman Herm?

Itll make Real Eatate more affordable in both our countries.

If we have a 60-70% crash that's be great so there would be some deals to be had.

I hope the Real Estate Market does crash and along with it the stock market so the average buyer can buy in at lower prices hey @ Herman Herm 'n Lokmar?

Sweetie, Herman has you on ignore so why would you respond to him? That is a desperation move.

And besides Sweetie, you don't own property. A real estate crash would cause widespread pain in Canada which is already the worst economic performer of any developed economy and is predicted to continue with that dubious distinctions for the next thirty five years.

Quote from: Mark Carney on September 23, 2025, 06:29:14 PMI know it will not end well. :yeahhh:

It did not end well when you won the election.

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Here are three facts about what's happened to Canada's finances in the last decade:

The federal debt doubled.
Interest charges on the debt cost more than a billion dollars a week.
Ottawa hired 99,000 extra bureaucrats.
Every dollar Ottawa spends costs you money.

Another reason for soaring public debt in this country.
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Conman Carney is even less transparent than Justine.
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For Conman Carney and the Liberals, donating Canadian tax money is the first priority. Canada just announced a Deficit of 68.5 Billion and yet since Carney took office, he has done nothing but signed 8 new gigantic donation project, giving out more than 13 Billion of our tax money away. Also, 28% of university recent graduate being unemployed, plus, 1/3 graduates are underemployed, but Carney said he want to get those barred from H1B to Canada to compete with the local people.
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Good job Liberals.
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Carney is splitting the budget into operating and capital spending in hopes that you won't notice the debt.

The Liberals are wasting $1.3 billion every week paying interest on the debt. 

This accounting nonsense is all about hiding his unnecessary deficits and debt.

The deficit is increasing to $78.3 billion this year. The government has no plan to balance the budget and stop borrowing money. In fact, the government says that it's going to increase spending in the future by billions of dollars every year.

Debt interest payments are costing taxpayers more than $55 billion this year. That's more than the government is collecting from the GST or sending to the provinces in health-care transfers.

Quote from: DKG on November 06, 2025, 07:30:27 AMThe deficit is increasing to $78.3 billion this year. The government has no plan to balance the budget and stop borrowing money. In fact, the government says that it's going to increase spending in the future by billions of dollars every year.

Debt interest payments are costing taxpayers more than $55 billion this year. That's more than the government is collecting from the GST or sending to the provinces in health-care transfers.

Jo Jo reminded me last night after we had sex that Mr. Trudeau promised two years ago that the deficit for this year would be $38 billion. Mr. Carney has doubled it with almost $2.5 billion to spare.

Quote from: Thiel on November 06, 2025, 12:54:09 PMJo Jo reminded me last night after we had sex that Mr. Trudeau promised two years that the deficit for this year would be $38 billion. Mr. Carney has doubled it with almost $2.5 billion to spare.

You better go have more sex and bring more good news.

The Liberals have been nothing short of an unmitigated fiscal disaster for Canadians for ten years and counting.
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Has anyone bothered to ask Chrystia Freeland why she thinks an $80 billion deficit is more responsible than a $40 billion deficit?
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The Liberals want to implement a guaranteed universal basic income. It will not be the cost saving program the late Progressive Conservative senator Hugh Segal wanted. His plan would have eliminated provincial welfare, OAS, and nearly all social welfare spending not to mention the thousands of jobs to administer those programs.

The Liberal plan of Mark Carney would be on top of existing programs. It would be very expensive and it would require an army of civil servants to run it. It would also be a disincentive to work.

Quote from: DKG on November 06, 2025, 07:30:27 AMThe deficit is increasing to $78.3 billion this year. The government has no plan to balance the budget and stop borrowing money. In fact, the government says that it's going to increase spending in the future by billions of dollars every year.

Debt interest payments are costing taxpayers more than $55 billion this year. That's more than the government is collecting from the GST or sending to the provinces in health-care transfers.

Better buy Gold n Silver ifya have already... DKG DKG!

Last year My Good Friend Lokmar advised me ta do it an' I'm the better for it!

Thanks...Lokmar!

Quote from: JOE on November 09, 2025, 05:33:47 PMBetter buy Gold n Silver ifya have already... DKG DKG!

Last year My Good Friend Lokmar advised me ta do it an' I'm the better for it!

Thanks...Lokmar!

Nope. Sold it and paid off debt.

I did buy a gold coin for my grandkid last month. I'm mostly buying collectables now.

Quote from: JOE on November 09, 2025, 05:33:47 PMBetter buy Gold n Silver ifya have already... DKG DKG!

Last year My Good Friend Lokmar advised me ta do it an' I'm the better for it!

Thanks...Lokmar!

Sweetie, DKG can't see your posts. I can though.

If you want to invest your allowance in silver chocolate coins instead of gold paper chocolate coins I will allow it.

Quote from: DKG on October 28, 2025, 09:49:46 AMCarney is splitting the budget into operating and capital spending in hopes that you won't notice the debt.

The Liberals are wasting $1.3 billion every week paying interest on the debt.

This accounting nonsense is all about hiding his unnecessary deficits and debt.

In which case, Trump is also doing as are the major economies of the world DKG DKG.

Like this man points out what is happening in the USA is happening in the rest of the world, Canada included:


These economies are headed for a debt tsunami of higher interest rates just like we had in the 1970s & then 20% inflation DKG DKG!

When so many people & governments are awash in a sea of debt there can only be an economic implosion & or a financial reset.

Quote from: JOE on November 10, 2025, 01:49:02 AMIn which case, Trump is also doing as are the major economies of the world DKG DKG.

Like this man points out what is happening in the USA is happening in the rest of the world, Canada included:


These economies are headed for a debt tsunami of higher interest rates just like we had in the 1970s & then 20% inflation DKG DKG!

When so many people & governments are awash in a sea of debt there can only be an economic implosion & or a financial reset.

DKG does not know you still post here.

Sugarbuns, remember I explained to you last night after we had sex that Mr. Trump does not have the power to pull the accounting tricks Mr. Carney is doing.

That is because Canada is less transparent. A prime minister who is not in a minority can do whatever he wants. And doing what he wants to deceive voters is what Mr. Carney is doing.

Mr. Trump on the other had does not have that luxury. Congress has the final say on spending and the books.

White, pretty, educated & qualified...


Worries about getting a job when she gets out of the Navy.

If ya'll think things are so bad in Canada, not much better in the States either.

Maybe Oliver the Second llie knows better & can comment on the employment situation in America these days.

No wonder Canada and Canadians are broke.
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A view that Canada's Budget falls short:


Guy seems to support the Conservative Party narrative
So...this may interest ya'll who aren't onside with the Liberals & te Carney government such as DKG DKG & Brent Brent

I'm somewhat neutral either way - on the fence, eh? Not sure

Have ta see how things unfold whether Carney's spending plans will work or not.

However without a doubt We are headed for more debt, which is concerning. More money printing ultimately means the currency will be worth less, will buy less in the future.

So...if these forecasts are correct, then invest accordingly.

Quote from: JOE on November 14, 2025, 07:19:03 AMA view that Canada's Budget falls short:

Guy seems to support the Conservative Party narrative
So...this may interest ya'll who aren't onside with the Liberals & te Carney government such as
I'm somewhat neutral either way - on the fence, eh? Not sure

Have ta see how things unfold whether Carney's spending plans will work or not.

However without a doubt We are headed for more debt, which is concerning. More money printing ultimately means the currency will be worth less, will buy less in the future.

So...if these forecasts are correct, then invest accordingly.

Sweetie, Brent and DKG don't read your posts.

You don't need a youtube video to understand that the amount of debt Mr. Carney is adding is unsustainable.

What is even more troublesome is that he is he is using tax revenue to supplant the half a trillion dollars of private investment that has fled Canada under the Liberals. This is communism by stealth.

Carney's budget is one of the worst cases of accounting fraud in Canadian history.
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Quote from: Herman on November 15, 2025, 08:19:31 PMCarney's budget is one of the worst cases of accounting fraud in Canadian history.
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Carney's Liberals have done so much to destroy the Canadian dream. And the scary thing is they are from done.

Young Canadians will only be able to read about Canada's past glory days as one of the most prosperous and free nations in the world as Canada's fall down the global rankings accelerates.

Polivere had an excellent platform but it's not enough. My former country needs a more ambitious plan than that and that is if they began after the election in April.

Now it will be 4 more years(at least) of progressive attacks on middle class freedom and prosperity. This is not going to end well for young Canadians without a plan B to get out of Canada.

Quote from: Herman on November 15, 2025, 08:19:31 PMCarney's budget is one of the worst cases of accounting fraud in Canadian history.
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His entire platform was built on fraud. He took advantage of collective TDS among our seniors to deceive an entire nation. We even overlooked the fact that his investments should have precluded him from being the leader of any nation.

Quote from: Shen Li on November 15, 2025, 10:57:26 PMPolivere had an excellent platform but it's not enough. My former country needs a more ambitious plan than that and that is if they began after the election in April.

Poilievre's economic plan would have required a lot more pain & sacrifice Shen Li Shen.

If Carney intends to cut the Civil Service by 10%, Poilievre would have doubled that.

If Carney wants to end home postal delivery, Poilievre would have privatized Canada's post service.

If Carney is talking about raising the retirement age, Poilievre would have raised it to 67.

Mind you, that's probably what is needed.

I somewhat agree that Carney is kicking the can down the road too much, til one day Canada will have to make more difficult Choices by 2030.

I dont think Carney is making enough tough choices.

In that regard I somewhat agree with DKG DKG

He should.

My dear sweet naive Jo Jo. Laying off redundant federal civil service employees reduces pain by cutting spending and using the savings to eliminate debt interest payments that could be used for health care or an essential service.

Unfortunately Mr. Carney will not reduce pain for average Canadians. He will not make the required cuts to the federal civil service. He is going to hire more unnecessary federal employees  to administer his red ink filled second budget. There will be no balanced budget ever under the Liberals. They will inflict unbearable pain on the nation with bloated debt interest payments. Canada will continue it's slide among advanced nations.

Quote from: Thiel on November 16, 2025, 02:18:28 PMMy dear sweet naive Jo Jo. Laying off redundant federal civil service employees reduces pain by cutting spending and using the savings to eliminate debt interest payments that could be used for health care or an essential service.

Unfortunately Mr. Carney will not reduce pain for average Canadians. He will not make the required cuts to the federal civil service. He is going to hire more unnecessary federal employees  to administer his red ink filled second budget. There will be no balanced budget ever under the Liberals. They will inflict unbearable pain on the nation with bloated debt interest payments. Canada will continue it's slide among advanced nations.

Most day to day services we rely on are provincial responsibility. Unless your boyfriend is worried his OAS will be clawed back by the heartless global lucifer Carney. :crampe:

Quote from: Brent on November 16, 2025, 04:09:14 PMMost day to day services we rely on are provincial responsibility. Unless your boyfriend is worried his OAS will be clawed back by the heartless global lucifer Carney. :crampe:

At my poor Jo Jo's age he has a hard time remembering the branches of government and what their responsibilities are.

In addition to hiding spending as investments, Conman Carney also listed the Canada Pension Plan as an asset of Canada. It's not. It's owned by Canadians, not Canada.
Cover-up Carney is doing what global bankers do best. They cook the books, pull fast ones, and try to hide all debt.
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How is the next generation of Canadians going to afford to pay off all this Liberal debt?
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The Conman has no conscience about the debt burden he is leaving young Canadians. He don't care. He will be in New York or Europe in four years.
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Man, Conman likes wasting our money.
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The Liberals of the nineties like John Nunziata, John Manley, Dan McTeague, and Tom Wappel now support the Conservatives because the Liberals under under Trudeau and Carney have abandoned fiscal responsibility, transparency, and incentivizing investment.

Creative accounting for Mark Carney in five easy stepsCreative accounting for Mark Carney in five easy steps

Step one: Balance half the budget 
Cutting $78 billion from the budget is hard. And caucus gets whiny about cuts to pet projects.   

So, here's a simple solution: Split the budget and only balance one side.   

Key step: Don't tell Canadians you aren't balancing the other side of the budget because their kids and grandkids will have to pay interest on all that extra borrowing. 

The key ingredient is confusion. Use jargon about a "fiscal anchor" that's based on something vague like "balancing day-to-day operating spending" by 2028.   

With luck, Canadians won't notice the operating budget could be balanced next year just by freezing spending.   

DISCLAIMER: Taking this advice will not actually diminish the billions in interest charges by a single cent.   

Step two: Come up with a snappy slogan 
Now let's pen a slogan to explain the borrowing in the other half of the budget.   

"Taking on more debt to spend more on capital." 

Scratch that, it's too clunky and honest.   

Try this: "Spend less to invest more."   

DISCLAIMER: Slogans don't change the math. As another Liberal prime minister once said, "The quicksand of compound interest is real." 

Step three: Re-label spending
Pay close attention: Don't cut spending, just re-label it as "capital investment."   

How many people know that operating subsidies for businesses shouldn't count as capital spending for governments?   

How much can you re-label? A lot.   

Try taking $94 billion of operating spending and re-labelling it as capital investment.   

It's a win-win. It looks like a cut to "operating" spending, but you just crammed it in under "capital."   

DISCLAIMER: The parliamentary budget officer may call you out for using an "overly expansive" definition of capital that goes "beyond the current treatment in the Public Accounts and international practice." 

Step four: Cut spending ... tomorrow  
Canadians despise wasteful government spending.   

So, make sure your budget has "$60 billion in savings over five years," written in big bold letters.   

Of course, you don't actually spend less. 

Vaguely highlight how you'll save money in the future. Then bury the government's overall spending and debt numbers in the annex, 239 pages into the budget.   

You can even increase spending by $100 billion over five years. 

Just keep promising to save money — tomorrow. 

DISCLAIMER: Eventually, soaring interest charges force actual spending cuts. Just ask Saskatchewan's New Democrats, who made "dramatic cuts" and closed dozens of hospitals.   

Step five: Change the guardrails
Use sleight of hand to switch the fiscal anchor. 

Switch the anchor from reducing the debt-to-gross domestic product (GDP) ratio to reducing the deficit to-GDP-ratio.   

Deficit and debt sound the same and you can baffle the few who notice the difference. 

Tell Canadians the government has "the lowest net debt-to-GDP ratio of the G7" and this "strong fiscal position" gives the government the "fiscal space" to borrow billions.   

Happily, those stats obscure the facts of Canada's debt. For example, net debt treats the money in the Canada Pension Plan as an asset that politicians can raid when in a pinch. 

DISCLAIMER: Eventually, credit rating agencies will release a statement like this: "Persistent fiscal expansion and a rising debt burden have weakened (Canada's) credit profile and could increase rating pressure over the medium term ... Federal finances run a high risk of further deterioration." 

Bonus step: Muzzle the watchdog 
Independent budget watchdogs are the worst. They always publish reports on the true state of your finances. The standard procedure is trotting out competing talking heads to muddy the water.   

If that doesn't work, put up a job posting for a new budget officer, calling for "tact and discretion." That should send a chill. You want a budget lapdog, not a watchdog.   

Conclusion 
Creative accounting is so easy that even a rookie politician like Prime Minister Mark Carney can implement this five-step plan.   

DISCLAIMER: All of this assumes Canadians are ignorant and won't notice the soaring debt and interest charges — that is a significant risk for this strategy. 
https://torontosun.com/opinion/columnists/terrazzano-creative-accounting-for-mark-carney-in-five-easy-steps

While dickheads like Conman Carney and Ford waste folks money watching manufacturing jobs leave Canada according to Deloitte and the Manufacturing Institute thanks to Trump's America First agenda the US will create 3.8 million new manufacturing jobs by 2033.

It is not just Ottawa and the federal Liberals that are digging a deeper debt hole.

A new report from the Canadian Taxpayers Federation paints a stark picture of Ontario's mounting debt, showing it has nearly tripled over the past two decades while interest charges continue to climb.

Ontario's debt has nearly tripled in 20 years and is on track to surpass $500 billion.

The report finds government debt has grown from $154 billion to $459 billion this year, a 200% increase. If debt had only risen with inflation and population growth, it would be $182 billion lower today.

Rising spending has been the main driver, with total government outlays climbing 164% between 2006-07 and 2025-26, from $101.5 billion to $267.9 billion, compared with 51.5% inflation over the same period.

Debt interest charges have surged from $8.8 billion to $16.2 billion in 20 years, adding roughly $300 per person annually.

Ford is a red Tory. He is almost as irresponsible as his predecessors Kathleen Wynn and Dalton McGuinty.

Quote from: DKG on December 07, 2025, 11:01:11 AMIt is not just Ottawa and the federal Liberals that are digging a deeper debt hole.

A new report from the Canadian Taxpayers Federation paints a stark picture of Ontario's mounting debt, showing it has nearly tripled over the past two decades while interest charges continue to climb.

Ontario's debt has nearly tripled in 20 years and is on track to surpass $500 billion.

The report finds government debt has grown from $154 billion to $459 billion this year, a 200% increase. If debt had only risen with inflation and population growth, it would be $182 billion lower today.

Rising spending has been the main driver, with total government outlays climbing 164% between 2006-07 and 2025-26, from $101.5 billion to $267.9 billion, compared with 51.5% inflation over the same period.

Debt interest charges have surged from $8.8 billion to $16.2 billion in 20 years, adding roughly $300 per person annually.

Ford is a red Tory. He is almost as irresponsible as his predecessors Kathleen Wynn and Dalton McGuinty.

Doug and I have a bet on who can bankrupt their government first.

This finance guy sure likes wasting our money.
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