The Prime Minister billed taxpayers:
$18,000 for salmon.
$4,213 for crème brûlée.
$3,800 for chocolate.
$593 for luxury Normandy butter.
On Only 3 Flights last year.
You get to enjoy the foodbank while Mark Carney gets Normandy Butter
Carney launched Canada’s national AI strategy built on “trust, opportunity, and sovereignty.”
Also Carney’s government:
✅ Bill C-2: warrantless digital info sharing
✅ Bill C-22: mandatory backdoors & metadata retention on all electronic services
✅ Bill C-8: power to throttle and cut cyber infrastructure
✅ Bill C-9: undefined “downplaying” of history as a 2-year prison offence
✅ Bill C-11: government regulation of online content
✅ Bill C-63: digital safety enforcement on speech & behaviour
You can’t say you’re building “trust” while writing 6 bills that let the state read your data, throttle your internet, and criminalize what you say.
This “AI strategy” has nothing to do with Canadian sovereignty.
It’s about controlling the cage.
‼️🚨BREAKING: The Liberal Finance Minister tried to hide the cost of the sovereign wealth fund from Canadians at committee this morning.
What he didn't know is that his own department discreetly shared this data at another committee.
Is the Minister being contemptuous towards Canadians or is he just incompetent.
You decide....
#cdnpoli
On the night of April 28, 1944, more American soldiers were killed rehearsing for D-Day than were killed storming Utah Beach on D-Day itself. It happened in secret, and the survivors were ordered to take it to their graves. Most did.
Six weeks before the real invasion, the US Army staged a full dress rehearsal at Slapton Sands in Devon, a beach chosen because it looked almost exactly like the Normandy shore codenamed Utah. Eisenhower wanted it realistic, so they used live ammunition. That decision killed men before the enemy even arrived, when timing went wrong and incoming troops were shelled by their own naval guns on the sand. But the worst was still hours away.
Just after midnight, a convoy of eight tank landing ships, packed with men, trucks and fuel, was crawling across Lyme Bay in a long slow line. Out in the dark, nine German E-boats had slipped in from Cherbourg, and they could not believe what they were seeing. The convoy was nearly defenseless. One escort ship had been damaged in a collision and sent to port, never replaced. Worse, a typo had put the landing ships and their lone escort on different radio frequencies, so the warnings that could have saved them were broadcast to no one.
The E-boats opened fire. One ship burst into flames, another was hit and went under in about six minutes, taking hundreds down with her. Men poured into water barely above freezing. Then the cruelest detail: they had been issued life belts but never trained to wear them, so many strapped them around the waist instead of under the arms. When they jumped, the weight of their packs flipped them face-down, and the belts held them there. Hundreds drowned upside down in their own life jackets.
By dawn, around 749 Americans were dead, more than would die taking the actual beach on June 6. And the generals had a problem bigger than the bodies. Ten of the officers aboard held BIGOT clearance and knew the time and place of the entire invasion. If even one had been pulled alive from the sea by the Germans, D-Day would have had to be cancelled. Frantic teams searched the water for all ten. Every body was recovered. The secret held.
So the whole thing was buried. Bodies quietly interred, paperwork sealed, survivors warned that talking meant court martial. The records were not declassified until 1974. For decades these men had no monument and no mention. They died twice, once in the water and once in the silence that followed.
It was called Exercise Tiger. Now you know.
This is INSANE
Democrats NY have passed a bill changing terms such as "mother" and "father" to "gestating parent" and "non-gestating parent."
It will now head to Gov Kathy Hochul to be signed into law.
Democrats are destroying what it means to be a mother and father.
UK you have lost your mind...this isn't how this works>
Sainsbury’s will ditch brown eggs and stock only white eggs in its latest move towards net zero, the retailer has confirmed.
White eggs have a 12.7 per cent smaller carbon footprint than brown ones, a carbon assessment carried out by SAC Consulting for Sainsbury’s found. (The Telegraph)
This says everything you need to know about Bill C-22 and the Federal government’s intentions.
Provincial Privacy commissioners should threaten the Notwithstanding clause, unless they are heard and Charter rights are reinforced.
How do you know the government is uninterested in the privacy risks of Bill C-22? The Liberal MPs on the Public Safety committee just voted against multiple motions to invite the Privacy Commissioner of Canada to committee to answer questions on potential amendments.
SpaceX is simultaneously three things
- An extremely profitable and promising space launch and telecom business
- A highly speculative and capital intensive AI firm
- A massive grift using exchanges and retail for exit liquidity
@zerohedge Good for $RHM and $EUAD to fill the gap with 🇩🇪.
USA probably has much demand for all domestic production capacity from the Pentagon itself, UKR (Patriot resupply), Middle East nations defending against 🇮🇷, and 🇮🇱 resupply.
There's another piece of alt data out today which shows $RDDT growing Q2 ad revenues at 59-60% YoY vs sell side at 47% YoY.
$RDDT ad revenues are usually 93-94% of total revenues... this implies $RDDT might be on track to report $790-800M in Q2 revs vs sell side estimates at $729M
If $RDDT beats consensus by 9-10% on the top line, they probably beat by way more on the bottom line because they have 90% gross margins.
if $RDDT does $790-800M in Q2 and net income margins come in at 42% (similar to Q1), then there's a path to $1.75 EPS or better (depending on stock buybacks)... vs sell side at $1.45 EPS (20% beat)
So, whatever their revenue % beat in Q2, it's very likely their eps % beat is 2x bigger.
I'm very confident this is a $300 stock in the next 6-12 months.
NFA.
DYOR.
*We own $RDDT at @FirstWaveFund, it's one of our biggest positions
The government's AI strategy was released this morning and it feels like a Version 1.0 to me. I argue the 2.0 version needs to include missing specifics on privacy, harms, and transparency. Without it, it won't meaningfully address the AI trust challenges.
https://t.co/HgUKMJ3rc3
In Canada's National AI strategy, named figures total ~$8.5B, composed of:
NEW strategy-attached funds (~$2.86B)
- Canadian Tech Growth Fund: $500M
- Compute Access Fund (SME): $700M
- LIFT (BDC financing): $500M
- Regional AI Initiative: $500M
- AI Missions (health, first mission): $200M
- Health Sector Data Space + VITAL: $200M
- Commercialization across National AI Institutes: $130M
- Canadian AI Safety Institute: $50M
- Creative Technology Program: $50M
- CanCode: $30M
Funds from Budget 2025 (~$3.66B)
- VC stimulus: $1.75B
- Talent attraction: $1.7B
- Elevate IP / IP Assist: $159M
- Job Bank modernization: $50M
- plus SR&ED Productivity Super-Deduction: figure TBD
Pre-Existing Funds ($2B)
• Existing investments in Canadian AI compute capacity: $2B
Apple will run parts of the new Gemini-powered Siri on Nvidia Blackwell B200 GPUs inside Google Cloud, according to The Information.
A notable break from the company's traditional strategy of controlling its full silicon stack.
🔗 ICYMI https://t.co/3nT69E7zuV
As the AI strategy launches today, the disconnect is dizzying: my post on why the government cannot claim privacy as a fundamental right in the morning and then rush through mandatory metadata retention that overrides it in Bill C-22 in the afternoon.
https://t.co/iAdmg2r4b3