@soopskrypton@Jerry__Coffee@SebBovetSRC@petehoekstra Diversification is the right answer
US will always be our #1 partner, but it doesn't mean we can't redirect some of it elsewhere
For example: https://t.co/raZCF2fJ4c
@soopskrypton@Jerry__Coffee@SebBovetSRC@petehoekstra Alberta has close to 0 chance of separation.. USMCA is needed by the US just as much, they are only trying to gain negotiation leverage.. call me an optimist, but Trump gave us the wake-up call we needed.
@soopskrypton@Jerry__Coffee@SebBovetSRC@petehoekstra Spot on, pumping population just masked a massive investment crisis. But the wild part is the IMF projects Can to be #2 in G7 growth. Our low national debt and solid foreign investment look great compared to EU or the US—it’s just a massive disconnect from what we actually feel
@soopskrypton@Jerry__Coffee@SebBovetSRC@petehoekstra Predictions are already that Canada will return to positive GDP by next quarter and will have one of the best economic growths of the G7 .. so there's that
@soopskrypton@Jerry__Coffee@SebBovetSRC@petehoekstra You're right on the vocab, my bad. Meant real GDP per capita. Look, nobody is pretending things feel great out there right now, it’s a heavy grind. But the math matters—that 0.9% output bump just shows this is more of a sharp population correction than a total structural collapse
@soopskrypton@Jerry__Coffee@SebBovetSRC@petehoekstra No argument here, the local stagnation is real and we are absolutely feeling the squeeze. But our debt didn't spike last quarter—GDP flatlined specifically because spending was reined in to cool the system. We are finally facing fiscal gravity, and it tastes awful.
@soopskrypton@Jerry__Coffee@SebBovetSRC@petehoekstra You're misreading the national accounting. Canada's slowdown happened mostly because the government pulled back spending to curb inflation. Despite the flat line, individual wealth went up 0.9% and consumer spending rose 1.5%. That's an economic reset, not stagnation.
@soopskrypton@Jerry__Coffee@SebBovetSRC@petehoekstra Critiques on plane food aside, you’re missing the macro reality. Canada is actively taking its economic medicine by slowing down spending to cool the system. If you want to see a government genuinely faking its GDP numbers with out-of-control deficits, look at the US.
Seeing a lot of panic about $STRC trading around $94.
A reminder: preferred stocks trading below par is completely normal. Many preferreds spend long periods below their $25 or $100 liquidation preference.
STRC’s $100 par value is not a price floor. It’s the stated value used for liquidation preference and certain redemption provisions.
What’s unique about STRC is that its dividend rate is adjusted monthly with the stated goal of encouraging the stock to trade near its $100 par value. That mechanism can influence demand, but it does not guarantee the stock will always trade at par.
A 5% discount to par is not evidence that something is broken. It’s evidence that investors are demanding a higher yield, pricing risk, or reacting to market conditions – exactly what preferred stocks do.
This is a preferred stock trading like a preferred stock.
@sscootzs@themastericeman@Ryan_r_Williams You're recycling a 120-year-old script. The only time Canada intentionally brought in unskilled, non-English speakers was the Sifton peasant-farming era in 1900. Today, over 93% of newcomers speak the language fluently. Update your data.
@sscootzs@themastericeman@Ryan_r_Williams Calling it a "fact" doesn't make it true. Stats Can records show that 92.7% of recent immigrants can actively converse in Eng or Fr. On top of that, nearly 60% of all permanent entries are through the highly competitive Economic Class, which mandates strict points-based testing