Thomas Tuchel genuinely thought John Stones had a shoulder injury for a second there. 🤣🏴
The vibes in England's dressing room after the Mexico win was immaculate. 😍🕺
Today, Canadian Prime Minister Mark Carney announced that the preferred bidder for the Canadian Patrol Submarine Project will be Germany’s TKMS over South Korea’s Hanwa Ocean. In a procurement effort expected to cost up to $100 billion in its totality, Canada’s biggest such effort, Canada will procure up to 12 Type 212CD diesel-powered submarines in a joint effort with Norway. Additionally, Prime Minister Carney said that TKMS had agreed to shift existing production slots for Norwegian and German orders to prioritize Canada to ensure that they can field 4 of the new submarines by 2034.
Doug Ford and Danielle Smith are proposing a 3,300-kilometre pipeline to ship Alberta oil to refineries in Ontario. It would move up to 800,000 barrels a day and snake from Hardisty, Alberta, to Sarnia via Regina and Winnipeg. #cdnpoli
New @robertbenzie: https://t.co/yvhfxIGcgh
Trump on Balogun:
Balogun is our best player. He got a red card. I didn't know what that meant, but then I heard that it means you cannot play in the next game.
That's very unfair. How do you penalize him for a game that hasn't been played yet?
I asked for a review by FIFA.
This is the black swan event that is starting to look very real for the Canadian consumer.
If the Canadian dollar decisively breaks below US$0.70, technical traders could target significantly lower levels, potentially into the mid-to-high US$0.60s.
The Bank of Canada faces a difficult choice: raise rates to support the dollar and risk slowing an already weak economy(Stagflation), or tolerate a weaker dollar and accept higher imported inflation.
Years of weak productivity growth, persistent deficits, and policy uncertainty have all contributed to a weaker Canadian dollar. The result of 11 Years of policy failure and weak leadership.
There are winner, exporters of goods that sell in USD and pay wages in CDN. The wealthy that have most of their assets in USD. If you have debt in CDN and have offsets in USD, you win big.
The losers, and that is most of the population, meaning you.
It will be the person already struggling to get by, this will drive inflation.
This is the result of the govt spending.
This is important. A country's currency ultimately reflects investor confidence in its economy, fiscal discipline, productivity, and long-term policy direction.
A weaker Canadian dollar isn't just a number on a trading screen. It makes imported goods more expensive, fuels inflation, reduces purchasing power, and lowers Canadians' standard of living.
Currency markets are ultimately a vote of confidence in a country's economic direction.
The current polices are geared to benefit the few, and to hell with the masses, they are only good for votes.