Build up a prosperous life with hard work! Avoiding speculators/gamblers is important but understand JOMO more than FOMO since patience & timing is key
Tomorrow morning at 9:45 AM, the Bank of Canada is going to talk to us about interest rates. They want you distracted and stressing over your mortgage, because while you’re looking over there, the government just quietly snuck a massive law change into the budget.
They pushed the Bank Act review from 2026 out to 2033, giving the big banks a 7-year free pass from accountability while they clear $19 billion a quarter. Watch the full video to see how they did it.
Just a friendly reminder if you have not figured it out yet but the government is not here to protect you.. they are here to protect themselves, the elites and their own pockets..
@alphability416@nationalpost@financialpost Carney will copy 1990 🇯🇵
He wants mass QE to bailout Sagen insurance that Brookfield owns, bailout banks that agree to green policies that benefit carbon capture with Brookfield and bailout Brookfield, blackrock and his WEF huge RE speculators he cares about
That's the thing about making kids under 16 prove their age.
It's a back-door way to make everyone over 16 provide their ID, too.
Canada's authoritarian government wants to track everything everyone does online.
They're just pretending it's about kids.
I think I finally see all the traitors.
Here’s the part most people don’t know about Kory Teneycke:
In 2019, he founded a non-profit called Conservative Victory with one stated goal: remove Andrew Scheer as leader of the Conservative Party of Canada.
Scheer resigned within weeks.
Just this week, Kory Teneycke just called Pierre Poilievre “A-hole in Chief.”
Ad hominem.
That’s the formal name for it.
When you can’t argue the substance (that Canada is the only G7 country in a recession, that Mexico has three trade rounds and Canada has zero) you attack the man instead.
Earlier on,Teneycke was Stephen Harper’s Director of Communications.
He resigned after roughly a year, citing family reasons.
He has spent the last several years on CBC, CTV, and Global panels positioning himself as a Conservative “insider.”
He’s been hostile to Pierre since since the election. Now he’s calling him names on national television.
And then there’s Dimitri Soudas. Same playbook.
Fired in 2014 from the Conservative Party for interfering in his fiancée Eve Adams’s nomination race.
Within months, his fiancée crossed the floor to the Liberals and Soudas helped broker the move. He then bought a Liberal Party membership.
Today, Soudas writes Toronto Star op-eds attacking Pierre Poilievre.
This is the pattern. The same names. The same playbook. The same goal.
They removed Scheer.
Now they’re going after Poilievre.
I think I finally see all the traitors.
And I think Canadians should too.
@Smileyyeg Too many 🇨🇦 seniors that were🏠rich got greedy by turning🇨🇦RE into a stock market
-28% of FTBs in GTA had a cosigner,usually a parent
-40% + of FTBs had parents gave $ for downpayment from retirement savings
-lots of mom/pop investors
Seniors that didn’t own are excluded
@Smileyyeg@magicmanace@BenRabidoux Brookfield owns Sagen
Bought in 2021
Sagen is 1 of 2 insurance companies that back up the high risk private mortgages
Big banks backed up by CMHC or really 🇨🇦taxpayers
Carney ain’t worried since he knows he can use QE/$ printing to bailout the corporations he cares about
@Smileyyeg@magicmanace@BenRabidoux I agree with you that Carney is going to get the Government/BoC to do QE to bailout developers, Private equity firms, banks, private mortgage brokers, etc
Except there isn’t enough funds unless Carney repeats 1990 🇯🇵 and breaks 🇨🇦 bonds
Though He probably doesn’t care if he does
@Smileyyeg@magicmanace@BenRabidoux The reason why I included 2 extra years is because everyone wasn’t effected immediately
Some did all they can to hang on but still defaulted a year or two later
What we see in 🇨🇦 in 2026 is like 2007 US or early 2008 where fear/panic is spreading but real pain hasn’t hit yet
@Smileyyeg@magicmanace@BenRabidoux The US had 2-3% default or be at risk in 2007-10
Also they didn’t have recourse loans so speculators did foreclosure on 2 of 4 properties & hung onto 2
In 🇨🇦 with recourse loans those speculators will probably lose all 4 properties. Forced sales + court cases sill take time
@OstideBonVivant@DimitrisSoudas Fed government
allows mortgage fraud since LPC denied income verification at CRA
Mass immigration increased demand and rent + RE $ massively
Fed Gov buying $50 B in dirty MBS from banks weakening CAD & adding to inflation
above is just a few of the huge impacts Fed LPC did
I had someone call me yesterday and say, "I didn't realize how bad it's about to get."
He told me about two recent cases that really stood out.
The first involved a client who owned six investment properties. A problem with a tenant in just one of the properties created a cash flow crisis. That one issue eventually cascaded into the rest of the portfolio, and the entire investment strategy started to unravel. It was a reminder of how leveraged many people have become and how quickly things can fall apart when one piece of the puzzle breaks.
The second was about insolvencies. We all see the headlines, but what's happening behind the scenes sounds even worse. He has a friend whose family runs an insolvency practice, and they're reportedly overwhelmed. The volume of people seeking help has become so high that they're working weekends, burning out, and struggling to keep up with new clients.
Now combine that with rising unemployment, youth struggling to find jobs, increasing competition for work, and growing financial stress on households.
What concerns me is that these issues are not isolated. Housing, employment, consumer debt, insolvencies, and the broader economy are all connected. Pressure in one area eventually spills into another.
The bigger issue is that I don't see many of the underlying structural problems being addressed. Productivity remains weak, housing affordability remains broken, household debt remains extremely high, and the labour market is becoming more challenging for many Canadians.
You can't keep repeating the same policies and expect different results. Until there are meaningful changes that address the root causes, I think the risks continue to build beneath the surface. Most people are still focused on individual headlines, but the bigger picture is that multiple warning signs are flashing at the same time.
@CdnRollor@PinkLadiesCA@PierrePoilievre I understand LPC’s mass immigration to raise rent & RE $ along with higher taxes is precious & dear to LPCs greed & selfishness
I saw it in LPC supporters in my own family
You can stay in denial or start admitting honest facts are correct & the LPC has destroyed our kids future
@CdnRollor@PinkLadiesCA@PierrePoilievre Days ahead are worse
-mortgage renewal on fake T4 slips/mortgage fraud LPC allowed
-emigration after honest immigrants realized LPC lied to them
-food $ rising from Carney doing QE
-LPC’s RE Ponzi scheme crashing
Boomer LPC’s like yourself will learn the hard way with aRE crash!
@CdnRollor@PinkLadiesCA@PierrePoilievre Carney performed bribery and blackmail to get a majority
Now with a LPC majority every job loss, mortgage default, rising tent cities, brain drain, decreasing GDP, rising food $ & weakening CAD can be blamed on Carney and the LPC MPs & LPC consultants
At 76, you’ve spent 22 years hating Poilievre’s 'smug persona'… while the politicians you support turned housing into a luxury, crashed per-capita GDP, and delivered the Liberal Recession.
Maybe it’s time to hate the policies that actually hurt your grandkids, not the guy pointing it out.
@RobynUrback It wasn’t just mass immigration it was also the mortgage fraud and $ laundering that was allowed with it
🇨🇦 Fed Gov doesn’t want to stop either
Banks insured by CMHC or really the taxpayer so they don’t care much as Fed Gov or taxpayers take the big hit on defaults
@SlykhuisJoshua@CTVNews I agree
Brain drain of young STEM graduates, doctors & entrepreneurs
Being replaced with liberal boomers, refugees & mass immigration with no criminal or background checks since 2021 expecting government handouts while working under the table or committing crimes
LPC voters🚀