Canada: Crying Over Spilt Milk in a Self‑Inflicted Stagnation
Canada’s elite have spent a quarter‑century turning a rich, opportunity‑dense economy into a slow‑growth, over‑levered cul‑de‑sac, and they still insist nothing is structurally wrong. There is no sense crying over spilt milk about past mistakes when the architects of this stagnation are still in charge and still in denial.
Canada did not just drift into secular stagnation; it embraced a kind of virtue socialism and an industrial policy anchored on climate change targets rather than productive capacity, competitiveness, or growth. An economy built on world‑class natural resources, strategic geography, and human capital has been deliberately downgraded into a housing‑addicted, low‑productivity balance sheet recession risk, and the people who did it still show up on panels calling this “resilience.”
For years, Canada’s comparative advantages in energy, resources, and industrial capacity were something to apologize for, regulate to death, or tax into oblivion, while policy and capital chased the illusion that you could mortgage and virtue‑signal your way to prosperity. The result is a country flirting with a liquidity trap, where even lower rates may barely move a real economy suffocated by over‑priced assets, under‑built productive capital, and households too damaged to borrow again.
The real scandal is not that Canada faces secular stagnation; it is that the elite engineered it, denied it, wrapped it in climate rhetoric, and now blame external shocks while the data scream that this is a made‑in‑Canada crisis.
To be clear, Canada’s problems are not the result of President Trump!
If Canada’s elite will not finally admit that decades of attacking its own strengths, worshipping its own bubbles, and treating industrial policy as a morality play have left the country one downturn away from a full balance sheet recession, then they are not guardians of the national interest, they are custodians of decline, and at this point, there really is no sense crying over spilt milk, only over the refusal to fix the mess they made.
Let me get this straight ... Canada is short 4-5 million homes and the gov is spending $3.2B on already built condos in the most expensive housing market in the world to save developers who donated to the liberal party?
Je comprends pourquoi Radio-Canada devait embaucher des décrypteurs récemment. Ils doivent manquer du personnel pour lire cette méta-analyse dans Journal of Housing Economics en 2024.
Donc voici le résumé pour qu'ils puissent survivre jusqu'à ce que les décrypteurs soient "on staff".
1: Les loyers baissent (wow, surprise) selon la majorité des études.
2: La mobilité géographique diminue selon la majorité des études.
3: La qualité des logements assujettis au contrôle des loyers se dégrade selon la majorité des études.
4: Le loyer des unités non-contrôllées augmente selon la majorité des études.
5: La construction et l'offre baissent selon la majorité des études.
Ainsi, le résumé de litérature conclut ainsi (traduit par GPT): Je conclus que, bien que le contrôle des loyers semble être très efficace pour atteindre son objectif principal, soit de réduire les loyers pour les familles vivant dans des logements contrôlés, il entraîne aussi un certain nombre d’effets indésirables, notamment des loyers plus élevés pour les logements non contrôlés, une mobilité plus faible et une réduction de la construction résidentielle. Ces effets non intentionnels contrecarrent l’effet recherché et diminuent ainsi le bénéfice net du contrôle des loyers. Par conséquent, l’effet global des politiques de contrôle des loyers sur le bien-être de la société n’est pas clair.
J'ai très hâte de lire les faits rectifiés à Radio-Canada.
@Nick_Decap Developers make between 20-30% profit on new developments. The issue is the development costs. These condos acquired by the government worth 1.5 million, actually cost close to 1.1 million per unit to build, with almost 40% of the cost being Vancouver regional DCC costs.
@WayneMathison This 3.2 billion figure only applies to one of 6 DCC figures in the city of Vancouver. It still costs between 200k-300k to develop a single unit in the city of Vancouver. This initiative is a complete sham and a slap in the face to every Canadian taxpayer.
@WayneMathison , stating that “builders could save up to 40k per unit. The spendings currently stand at ≈ 30k per unit in 2026, and expected to rise to ≈ 34k in 2027. This 40k figure likely refers to very expensive target areas that are already unaffordable for the average BC resident.
@HabsChronicle I’m sorry but Matheson said after last game, that they are only 2 shots away from being up 3-0. MSL should have slapped him around for that comment. If that’s how he feels, trade him. Loser veteran mentality. Of course we got run today. Our vets think we’re okay. Trade him!
Egypt needs a new type of revolution… politically, educationally, ideologically & societally.
Not just protesting without goals, SERIOUS CHANGE IN MENTALITY.
This imbecile doesn’t believe that Jews are the descendants of Abraham.
He’s proposing a mandatory DNA test for every Jew on earth.
If they’re not Jews, what are they, Chinese?
Idiotic.
When I sat down with Tucker Carlson on Wednesday, I was expecting a thoughtful conversation and that he would ask questions and give me the opportunity to actually respond--just like he did with the little Nazi sympathizer Nick Fuentes or the guy who thought Hitler was the good guy and Churchill the bad guy. What I wasn't anticipating was a lengthy series of questions where he seemed to be insinuating that the Jews of today aren't really same people as the Jews of the Bible.
I'll first just say something I didn't think to say to Tucker, which is that Ashkenazi Jews, meaning those who families had spent centuries in Europe, are a minority of Israel's Jewish population, only maybe 35-40%. There are far more Sephardic and Mizrahi Jews inside Israel.
But there's a good reason, as it turns out, that I had never encountered this theory that Tucker kept pushing on. That’s because it comes from some of the darkest realms of the Internet and social media.
I think it's important to take a moment now and educate Tucker and anyone else who might get sucked in by this dangerous conspiracy theory, just as I have been educated this week.
I'm sharing this information because it has been weaponized by very bad people to delegitimize Jews and strip them of their history.
It's an idea that gained traction in the 80's and 90's with David Duke and other Klansmen and neo-Nazis. It has really caught fire in recent years on the Internet and social media, mostly from some of the most overt anti-Semites and Jew haters you can find.
I don’t know why Tucker was so fixated on this, and I'm certainly not saying he knew the origins of this conspiracy theory. I don't know what's in his heart or what he was thinking.
But I do know that the discredited idea that most Ashkenazi or European Jews descended from the ancient Turkic kingdom of Khazaria is bunk. It's also been weaponized by people trying to deligitimize Jews, to strip them of their history, and to call them "imposters" or "fake Jews."
This odious conspiracy theory is peddled by the likes of Candace Owens and Nick Fuentes and by people who love David Duke, as well as Islamist accounts that make up false smears about Israel non-stop and are run out of countries like Pakistan and Turkey.
But we know from genetics and rich volumes of written literature that the Jews of today can trace their lineage back thousands of years to the Israel and the Jewish people of the Bible.
They are as connected together as genetics tell us that the ancient Khazar kingdom is to people living today in Turkey.
And if Tucker wants to tour more than Ben-Gurion Airport on his next trip to Israel, I'm happy to show him places where Jews have lived going back to the time of Jesus Christ and even earlier.
I sincerely hope Tucker will let me know when he actually wants to learn facts about the land and people. Asking me about conspiracy theories should remain on the fringes and not be the heart of the conversation.
Remember when we learned that our wealthiest and most powerful people were connected to a guy who ran a literal child sex trafficking ring? And then that guy died mysteriously in a jail? And now we just don't talk about it.