"A Liberal can seldom be a partisan of the status quo. He tends to be a reformer – attempting to move society, to modify its institutions, to liberate its citizens. The liberal is an optimist at heart; who trusts people." - Pierre Elliott Trudeau, April 1974
#cdnpoli
Canada’s May jobs report undercuts the broad labour-market recession claim.
Canada added 88,000 jobs in May.
Unemployment fell to 6.6%, down from 6.9%.
Full-time work drove the gain.
That reverses much of the weakness from the first four months of 2026, when Canada lost about 112,000 net jobs.
So the conclusion should be clear:
Canada’s labour market is stronger than the recession narrative suggests.
But it is not fully healthy.
Youth unemployment still sits at 13.4%. Overall unemployment remains above its pre-pandemic average.
Best read:
A strong rebound. Real resilience. Still too much labour-market slack.
Article: National Post / Canadian Press via National Newswatch
https://t.co/nQ5Nevjgp3
David Cochrane presses CPC trade critic Adam Chambers on 'full-blown' recession claims: "You're the only group calling it a full-blown recession. Part of being a credible steward of the economy as a government in waiting is to properly analyze, assess, and define what is happening in the economy."
PM Carney: In his recent encyclical, Pope Leo warned that the scale and speed at which AI is developing, and I quote, "Never has humanity had such power over itself." And he set the challenge of whether we would use that power for the common good.
Note to LPC caucus: When a PM is polling at highs rarely seen in Canada's post-war history while en route to destroying the leadership career of yet another in a long line of CPC prime ministerial pretenders, it isn't a great time to suggest that he requires your policy input...
Reverse ALL economic policies?
- so, making Canadians repay the GST rebate top up?
- eliminating the 25% GST increase for low and middle income?
- and the middle class tax break?
To do what? Does he still want to replace the dollar with crypto?
Scott Reid on Trump easing some 232 tariffs: "The move to lower these tariffs is a clear concession, a clear admission on the part of the president, that he is under withering domestic political pressure, that he needed to do this because it will save jobs and lower prices in the US."
Gee. If only Canada had been included as one of the Pentagon's colonial powder monkeys in this clowncar security pact, we too could be getting shafted like the Aussies. Damn you, Trudeau!
PM Carney: "Canada was summoned into being by peoples who learned imperfectly and over time to hold their differences in common. It hasn't always been easy, and we have at times failed ... Each failure has taught us something about what it means to be the country we aspire to be."
PM Carney on the economy: "The data's going to be uneven and we see some weakness in part because of clear decisions by the government ... But we're also seeing at the same time the foundations coming into place, settling in for that stronger, more resilient economy."
Anita Anand: "Collectively, Canada and our like-minded friends in Europe, in Australia, in Japan, and Korea, for an example, represent a larger GDP than the United States ... Purpose-built coalitions can make a difference so that we, as middle powers, can drive prosperity together."
Canada didn't just ship more aluminium to Europe — it took share in market after market.
US tariffs cut Canada's aluminium exports to the USA by −$2.50B (−30.8%). The metal rerouted to Europe, and Canada's supplier share jumped:
🇳🇱 Netherlands 12.1% → 31.9% (now #1, +$808M)
🇮🇹 Italy 1.3% → 5.6% (+$190M)
🇩🇪 Germany 1.5% → 3.4% (+$127M)
🇵🇱 Poland 1.1% → 4.1% (+$64M)
🇨🇿 Czechia 3.6% → 7.5% (+$33M)
🇸🇮 Slovenia 1.8% → 4.0% (~+$10M)
🇭🇷 Croatia 0% → 4.0% (new)
🇧🇦 Bosnia 0% → 2.4% (new)
Across all of Europe, Canada's share nearly tripled: 2.14% → 6.32% — overtaking the UAE to become the #1 supplier at $1.82B. At +$1,265M it was the single largest supply gain of any country.
The edge: at $2.81/ton, Canada is Europe's 2nd-cheapest supplier (+447k tons YoY).
A trade shock, visible market by market in official customs data. GTAIC maps any country pair, any product, in minutes.
Canada→USA report 👇 https://t.co/pLr7JeySpK