Will they be teaching the students to turn on their conservative voting parents? Kinda like Mao Zedong’s Cultural Revolution, where they indoctrinated the students and had them rat on their parents from not agreeing with the communist regime? Hmmmm….
The gaslighting from @acoyne is off the charts.
Literally, @MarkJCarney and @vonderleyen are both selling Canada-EU.
Andrew, you're supposed to be a journalist.
💥EXPLOSIVE ATIP: Immigration Canada knew Indian agents were running MASSIVE FRAUD in the trucking industry and the student visa program as early as 2017 — and stamped the evidence "DO NOT DISCLOSE."
According to records released under the Access to Information Act, Immigration, Refugees and Citizenship Canada (IRCC) maintained an internal procedures manual for its New Delhi visa office documenting systemic fraud across the student visa and temporary foreign worker streams. The manual instructs officers to treat fraud as anticipated rather than exceptional
The most damning thing about this scandal is not the fraud — it's that the government predicted it, kept it running, and then stamped the file "DO NOT DISCLOSE."
Canada didn't lose control of its immigration system—they monetized it.
The BC Green Party Leader's comments are unacceptable.
This is exactly the kind of dehumanizing rhetoric that Northern Perspective has been fighting against.
We are opponents, not enemies.
Canadians need to demand better from our politicians.
🚨🇨🇦 The OECD ranked Canada's future.
DEAD LAST.
38 countries.
38th place.
For projected GDP per capita growth through 2060.
Not projecting a recession.
Projecting a generation.
Mark Carney just borrowed over $ 70 B more.🤔 and wants more immigrants ..😶🌫️
The PBO still projects a $71.8B deficit for the full fiscal year.
On the last day of the @BCNDP campaign, a @dave_eby social media video includes a purported clip of a nurse in British Columbia.
It is stock footage of a dental hygienist shot in Ukraine.
Not in British Columbia. Not in Canada. But in Ukraine. #bcpoli
Once again the Canadian government FAILS to understand the problem
I would know, I founded and ran a tech company for a decade and raised MILLIONS from investors
And it was HORRIBLE doing business here
Let me explain
This isn't a "money issue"
This is a regulatory, economic and taxation issue combined with a deep cultural problem
Back in 2015 I founded a tech company, using my own money from working in the Alberta oil field
We developed our MVP in Montreal and launched our proof of concept right here in the West Island
Our first ever investors were our own first clients. We raised $150,000 from them
But things got harder when it came time to raise our seed round
I met with EVERY SINGLE VC in Montreal.
All told us NO
Why?
Too risky
lol... its the very definition of Venture Capital
They wanted a pitch deck, projections on 5 years, cashflow, business plan, go-to-market strategy, communication strategy, marketing strategy, Tech reviews, C.V. of founding team, financial disclosure etc
We spent more time preparing documents for them than we did scaling our business
Worse of all, they all wanted something different and would give contradicting requirements
I remember this interaction at the Espace CDPQ, the headquarter for all Venture firms in Montreal
ie:
Investor: How much do you need
Me: $1 Million
Investor: So if you only raise $750k what happens?
Me: Well we'll adapt XYZ
Investor: So then never EVER tell me a fix number. Give me a range. $750K-$1.5M or else you look foolish
I went home, reworked the pitch deck
The very next day:
New investor: How much you need
Me: $750K-$1.5M
New investor: What... you don't even know your number???
Me: well... yes but what if we raise less or more
New Investor: No, you look foolish
We said screw it. Approached American Investor
Our first was a VC firm out of Houston, Texas
Took less than 1 month from initial pitch, to closing.
In USD. For more money than what Canadians wanted to offer.
Best of all, they understood the fluid nature of a startup. No onerous and rigid plan. No overburdened documentation. Every second wasted on non-operating activities was sucking productive time away from scaling.
But Elliot... what about BDC and other AMAZING institutions in Canada
We did business with the BDC. a $250,000 loan. Which I had to personally guarantee.
Which 25 year old has assets and the balls to guarantee that amount? Very few. It's prohibitive. And reduces capital available to our homegrown companies
And this was AFTER MONTHS of explaining to them what we were doing. It was clear the BDC was setup to support traditional brick-and-mortar companies only.
Think Manufacturers or Commerces. But a tech startup? They could NOT wrap their heads around it.
Canadian banks? Forget it. Outright. Too risky
Then I watch fellow startups do the same. And move to the US.
Why wouldn't they?
In Quebec, I had to pay an extra 15% on top of my payroll as taxes. QPIP, QPP, FSS, CNESST... all to satisfy the government non-stop appetite.
Consequences: Well for a startup where every dollar counts, this means lower salaries thus harder to attract top talent (vs American competitors)
or
I simply hired less staff... thus slowly growth for both my company and the country's economy.
But wait it gets worse.
Revenue Quebec and CRA both required a plethora of compliance documents filled monthly or quarterly. GST and QST tax fillings, CNESST Salary equity (yes lol) documents, Source deduction documents, RL-1 fillings, Income tax (both QC and CAN), Workplace sexual harassment policy, OQLF policy, CNESST training and certification... the list goes on
At least 1 day a month was spent by me and some of my executives preparing and fulfilling these documents. This means we were't scaling our business and instead working for FREE for the government.
Then there is the tax burden.
Why would top talent want to come here and get taxed at up to 52% marginal rate?
While a Miami startup offers higher salary and the State taxes you 0%
Finally investor behaviour
In Canada... safe. steady return. Great for a Series C. Great for an established companies. No desire for risk. No understanding of the ecosystem.
HORRIBLE FOR VENTURE
Meanwhile the U.S. , they understand the ecosystem. 90% of their investment will go down to 0. But the few that survive will go on to earn them BILLIONS and change the world.
So this new announcement of $1.75Billion won't change the underlying issue that makes us uncompetitive.
At best, it will go to startups who will flee to the US the very second the money hits
At worse, it will just be another slush fund given to friends of the government
and I fear its the latter as usual
@bayouirish31 $Vice Vice Cash is incorrect (10% bundle)
E5YAbWFc8eQ7NwUeZoVZRenbaaqEqry4opuknjnDpump
$VC Vice Cash is the correct ticker (no bundle)
EaLqd4nWng6z6Nshhmzmo4yaJT3oczsFPYR3C3gkpump
DYOR
The Canadian government's mass immigration policies of the last 10 years were highly regressive. Having seemingly learned nothing, they are dead set on turning back on the taps rather than letting the country heal.
On cue, the media has begun parroting the government's narrative and gaslighting anyone who disagrees. This suggests that they remain blissfully unaware that the Bank of Canada has written extensively about how (mass) immigration has negatively affected housing, rents, inflation, labour supply, wages, and productivity. So I've compiled an inexhaustive list to help these folks.
🏘️- Monetary Policy Report, October 2023
🔗https://t.co/SEbnY0q7OP
▶️"The strength in rent and other housing costs is partly due to strong housing demand, which is supported by rapid population growth, and a structural lack of housing supply"
🏘️- Staff Analytical Note, December 2023
🔗https://t.co/9GBnLQ0Jvm
▶️"The rise in immigration is nonetheless contributing to pressures in inflation components linked to house prices, given that it is adding more to housing demand than to housing supply in the context of structural imbalances in the Canadian housing market."
🏘️ - Speech by Toni Gravelle, December 2023
🔗https://t.co/ufc1t3Gpcm
▶️"When a country’s population is growing quickly, the supply of housing also needs to increase to avoid a worsening in affordability. Shortly after immigration began ramping up in 2015, Canada’s vacancy rate—a measure of how many apartments and houses there are available to rent or buy—started to fall."
🏘️ - Monetary Policy Report, January 2024
🔗https://t.co/sfc8zh9PKN
▶️"A larger increase in newcomers than in the past is adding pressure to the structural supply constraint in housing. This has helped to push the overall housing vacancy rate to record lows, which has underpinned house prices and led to higher rents (Chart 3-A)."
🏘️ - Staff Analytical Note, April 2024
🔗 https://t.co/DxddEOAy0J
▶️"Meanwhile, the composition of immigrants coming to Canada has changed considerably since 2015. Historically, growth of the immigrant population in Canada came mostly from permanent residents....While the wages of the earlier immigrants are closer to those of Canadian-born workers and have been increasing over time, those of non-permanent residents are much lower and have fallen over this period. Because real hourly wages are typically correlated with labour productivity, this piece of evidence is consistent with non-permanent residents working in less productive occupations."
🏘️ - Monetary Policy Report, July 2024
🔗https://t.co/8d5YkjtRPL
▶️"The increase in housing demand from newcomers is being felt across all types of housing, but the largest initial impact tends to be in rental markets. This is because most newcomers start out as renters."
👨🌾 - Staff Analytical Note, May 2025
🔗https://t.co/6mDXPFN3Ka
▶️"if newcomers’ conditional wages reflect their labour productivity, the productive capacity of the Canadian economy grew less than it would have if recent newcomers had the same socio-economic characteristics as in the past."
▶️"However, this gain has been particularly acute for certain industries such as accommodation and food services, business, building and other support services, and retail trade. Labour productivity in these industries—which are comprised of a sizable share of lower-skilled occupations—is lower than the average in the business sector."
👨🌾 - Staff Analytical Note, May 2025
🔗https://t.co/XKUoE9FiFn
▶️"Youth—individuals 15–24 years of age—represent a significant portion of the overall increase in unemployment since the start of 2023. This is a larger share than during other periods of rising unemployment (Chart 5). This is partly due to the high number of immigrants, who are generally younger than the rest of the population."
👨🌾 - Speech by Nicolas Vincent, May 2026
🔗https://t.co/69YWWTPvji
▶️“The labour market is particularly challenging for young people”: The 2022–24 influx of young newcomers “intensified competition in Canada for lower-skill and entry-level jobs”. Youth unemployment has risen above 14%, and he expects it may normalize now that immigration has been cut.
🏘️ - Staff Article, September 2026
🔗https://t.co/ZgSA6Kzy0L
▶️"Strong population growth drove asking rents higher in recent years"