🇨🇦 Canada: Over 7.8M illegal cigarettes seized in Manitoba, valued at up to $3.12M. This highlights the growing two-tier tobacco market, where illegal, tax-free products thrive. Stronger enforcement & policy alignment are critical to closing these gaps.
https://t.co/19TvBaMUfu
🇨🇦: Illicit trade is crushing Canadian manufacturing.
CME's Pressing Matters report reveals how criminal networks exploit enforcement gaps and misuse equipment to flood Canada with counterfeits - killing jobs and undercutting legitimate business.
Read the full report:
Aluminum prices are currently near 10 year highs because of tariffs and supply disruptions from the middle east. Smelters are seemingly doing okay.
The government itself in the fall flagged the impact as mostly affecting downstream suppliers and previous support went to them and not smelters.
It'll be interesting to see what the announcement is here.
Pentagon Suspends 86-Year-Old Canada-US Defense Board, Citing Ottawa's Failure to Meet Commitments, in Direct Rebuke of Carney's Davos Speech https://t.co/GRtzcnWeIK
What happened in Canada since 2015 will go down in future economics books as an example of how not to run a country. They achieved even lower growth than left-green Germany. That’s really not easy to underperform.
Isn’t it funny they seriously blame the US for Canada‘s demise?
I still don’t understand why the same people who are so neurotic about their health that they still wear masks also see no problem with eating 14 bags of Doritos for dinner
5/ THE REVOLVING DOOR #1 - Gianluca Cairo
This is the big one.
Gianluca Cairo was Chief of Staff to PSPC Minister Judy Foote, the minister who oversaw the Phoenix rollout. He then became Chief of Staff to Innovation Minister Navdeep Bains.
In June 2019, Ceridian (now Dayforce) was shortlisted as one of three vendors to replace Phoenix.
ONE MONTH LATER - July 2019
Cairo left government and was hired by Ceridian to lead a brand new "public-sector division."
He's now VP of Public Sector at Dayforce and is listed as the Client Contact Representative on the lobbying registrations.
Again, the guy who watched Phoenix fail from the Minister's office is now the guy selling its replacement.
Ethics Commissioner cleared it. Make of that what you will.
Source: Globe and Mail
https://t.co/c49gGLUN5U
"This is the ugliest housing crash since the 1990s, exactly what they insisted could never happen. Objective, forward‑looking research in this country is on life support; reactive, emotional “analysis” is the only thing Canada now produces in excess...
now the Bank of Canada shrugs that cutting rates “won’t help" an economy hooked on real estate, an addiction it spent years feeding. The sheer, steak‑thick lack of critical thinking in Canada is there for anyone with a pulse to see."
- James Thorne, Chief Market Strategist, Wellington Altus Wealth
@DrJStrategy
Why is the political party that imposed a decade of economic stagnation, rising crime, spiking housing costs, dysfunction in the healthcare system, overt anti-white discrimination in hiring, a two-tier criminal justice system, the largest wave of mass immigration in the world, and the largest decline in happiness in the world on Canada more popular than ever before?
@melaniejoly When you (government) celebrate "growth and resilience", driven by tax-funded health and social services, you're celebrating an increase in the burden on the productive part of the economy, not an increase in the economy's ability to carry that burden.
You are the problem.