🚨 MAJOR BREAKING: Trump just signed an executive order that will functionally wall off the Canadian export economy from the United States.
Every Canadian company shipping to the US now must:
-Post much higher per shipment bonds
-Be CTPAT validated by US customs
-Disclose beneficial ownership & domestic assets
-Provide foreign tax IDs & detailed supply chain data
-Lose access to “informal entry” for low value shipments entirely
The reason?
Foreign importers can’t be trusted to comply with US law.
The trigger?
Canada’s documented failure to enforce its own forced labour ban.
80% of our exports go south.
The Prime Minster yesterday said “we expected this”
Canadians who export to the US sure as hell didn’t.
https://t.co/99Z5vdGUv4
Sure, Liberals say, Canada is the only G7 country in recession.
Sure, two back-to-back quarters of shrinking GDP is the textbook definition of a recession.
But, they say, it is just a “technical recession”. A fluke. Everything else is great.
So let’s look beyond the back-to-back quarterly decline: Canada’s unemployment is now the 2nd highest in the G7—a third higher than in the U.S.—as Canada lost 112,300 jobs in just three months, leaving 45,800 more Canadians jobless since Carney became Prime Minister.
The economy contracted in three of Carney's four quarters in office, something unmatched in the G7, as business investment fell another 0.7% for a fifth straight quarterly decline, and more than $20 billion in net investment fled Canada.
Meanwhile, insolvencies hit their highest levels since 2009, up nearly 19%, with 1.5 million Canadians missing debt payments in just three months and mortgage delinquencies rising 32%.
Canadian households carry by far the highest debt in the G7, while food bank use continues to surge. 1 in 10 GTA residents are now relying on them and visits are hitting a record 4.1 million last year—up 340% since 2019. Nationwide, food bank demand is up 100% in 7 years.
Almost all these measures are worse than when Carney took office and worse than any other G7 country—so blaming world events or tariffs won’t cut it.
Stop the excuses. Own it: This is a full-blown Carney Recession.
@StephenJ147@CTVNationalNews Well, at least he’s not wasting money like MC. here’s a short list of all of the irresponsible expenditures that the government has put forward. If you would like a large larger list, simply Google it.
@JenChevalier_24@CP24 If you would longer list… Be happy to provide. Apparently no one knew that we were buying Ukraine. Also, don’t forget about the $50,000 a day lease on a concrete slab (literally a concrete slab).