In other news, the White House may be using the Gordie Howe International Bridge—still not fully open—as leverage in broader trade negotiations, potentially to secure greater access to Canada's dairy market. If that's the case, don't expect the bridge issue to be resolved anytime soon.
The bridge was meant to symbolize the strength of the Canada–U.S. relationship. Instead, its continued closure may now reflect just how strained relations have become with our largest trading partner.
Currently, approximately $8 billion to $15 billion worth of agri-food products may cross the Ambassador Bridge in Windsor each year.
Off to Vancouver to fight for property rights, but got a surprise early Father’s Day send off from our little Wolfpack.
Being their dad is the world’s best job.
A Canadian messaged me last week.
He said: I agree with everything you post.
I cannot say any of it at work.
I asked: what would happen if you did?
He said: reported to HR. Investigated. Probably let go.
He lives in Canada.
Not China. Not Russia.
Canada.
So yes.
A Japanese account in Tokyo will keep posting.
Until he can say it himself again.
Americans, this can't be real 🎓
I read that ONE year of US college
can cost more than $50,000.
In Japan, even private university
is a fraction of that.
Is $200,000 for a degree actually normal??
How does anyone afford it? Drop your state 😳
When CBC is worried about the Liberals ramming through legislation that looks like an authoritarian digital prison
Everyone in Canada should be concerned.
Even they cannot believe what they’re seeing
You Will Own Nothing & Be Happy: I Really Don't Believe This
But maybe in some parts of Canada it's just plain coming true
Inescapable so
The Math Of Owning a home versus Renting a Home is piling up in favor of Renting in BC & Ontario
And yet not in a good way for Landlords
Canadian DOLLAR lowest it’s been in over a year. This comes AFTER Canada voted for their European PM who is a Global Banker and Economist 😅
ELBOWS UP 🇨🇦 Build Canada Strong
Elizabeth May making it known that she along with every opposition party opposed Bill C-22 due to privacy & constitutional concerns while the Liberals pushed through the amendments without any discussion or debate. I don’t often agree with May, but she does have her moments where I can appreciate her voice & standing up for what’s right during these moments.
BREAKING: Canada has imposed a 10% tariff on canned vegetable imports for up to 200 days.
It signals a new tone in global trade policy: when in doubt, impose tariffs.
The Great Scam
After what @GadSaad posted yesterday, something I had no idea existed... an "Exit Tax" I did some digging.
This is what I found.
Canada's departure tax is one of the biggest scam taxes on the books. Apparently when you leave the country, the government treats you as if you sold every investment you own, even if you sold nothing.
You get hit with a tax bill on money you never touched, never withdrew, never spent. They literally invented a fake sale to justify taking your money.
Here's what makes it even worse. The stocks they're taxing? Those are foreign companies. Apple, Samsung, whatever you hold, those grew because of what those businesses did in their own countries, their own markets, with their own workers.
Canada had absolutely nothing to do with it. Zero. But they still want a cut just because you happened to live here while you owned them. They did nothing and still want to be paid like they did.
And before 1996 this didn't even exist the way it does now. Chrétien's government expanded it that year and buried it in section 128.1(4)(b) of the Income Tax Act like they hoped nobody would notice. Italy doesn't do this. Portugal doesn't. Belgium, Switzerland, the UK, none of them pull this shit.
You paid income tax every year. You paid sales tax. Property tax. You held up your end of the deal the whole damn time. And when you decide to go live somewhere else, they hit you with a bill for money that was never real to begin with.
Canada under any Liberal is a Scam!
An absolutely shameful statement by Steven MacKinnon. Every organization with a long track record of expert commentary on the rule of law in Canada condemned the bill.
"Liberals dismiss ‘tinfoil hat’ privacy fears as lawful access bill passes"
https://t.co/fRLQsxDCjD
Apparently, I lack empathy for not wanting the government to take a huge chunk of my amassed funds upon departing. This is why I wrote chapter 7 of Suicidal Empathy.
Gad just learned about the Canadian “exit tax.”
It’s very real.
It’s one of the reasons our brain drain isn’t bigger than what it already is.
It’s a form of entrapment.
There are successful entrepreneurs who have highly profitable businesses, that do not leave because their business would be taxed as though it was sold, a deemed disposition, at fair market value, but they don’t have the money to pay the tax on it.
Think of it as an acquisition happening, but with you getting no money, and instead a tax bill as though you made a captain gain (profit) on selling your business.
It’s like the mafia.
You can’t leave without paying a price.