Obama administration:
Trump Administration:
Are there any questions?
How High, Senor Maduro?
Everything about Venezuela is explosve these days: Maduro’s Ex-Insider Turns Snitch, Sends Trump an Explosive Letter
Related.
On Dec. 4, at the direction of @SecWar Pete Hegseth, Joint Task Force Southern Spear conducted a lethal kinetic strike on a vessel in international waters operated by a Designated Terrorist Organization. Intelligence confirmed that the vessel was carrying illicit narcotics and… pic.twitter.com/pqksvxM3HP
— U.S. Southern Command (@Southcom) December 4, 2025
How Yummy, Senor Maduro
Venezuelan socialist Governor Freddy Bernal releases a video "celebrating" with his family the early Christmas decreed by Nicolás Maduro
They are eating plastic food pic.twitter.com/3VAe2bXMBU
— Ian Miles Cheong (@ianmiles) November 28, 2025
Good Times
Dan Knight- Bank of Canada Study Confirms Collapse in Consumer Confidence Amid Trade War Fallout
This decline—this emotional and economic freefall—can’t even be explained by the usual suspects. Not inflation. Not unemployment. The Bank of Canada ran the numbers, built a full regression model, and what they found was a massive unexplained drop—a “residual” in economist speak. Translation: this isn’t about what’s happening right now. It’s about what people believe is coming next.
Klein- The silent exodus: Why some Canadians are giving up
Let’s stop pretending this is about a single man or political party. The erosion of Canadian society is now so widespread that it cannot be ignored. Public safety is unravelling. Health care is collapsing. Housing is out of reach. And in many communities — including Winnipeg — Jewish families and others are living with growing fear and fewer protections.
The Canadian Dream
Blacklock’s- 51% Struggle With Mortgage
Most mortgage holders are struggling to pay their debts with nearly a quarter now using credit cards or other borrowing to meet bills as they fall due, CMHC said yesterday. The federal insurer said financial well-being of householders had deteriorated over the past year.
“There was an increase in the proportion of consumers who stated they had difficulties maintaining debt payments,” said the 2025 Mortgage Consumer Survey. A majority, 53 percent said they were “concerned about defaulting on their mortgage.”
They’re Not Good
Everything is Fine
Kirk Lubimov- Canada’s week recap:
* Canadians reelected the same people that generated the worst economic stats over the last 10 years just now with Mark Carney as Prime Minister who promised to put Canada even more in debt. Continue reading
The Suckiness Will Continue
Financial Post- Canadian economy headed for recession this year, according to Deloitte outlook
Business investment is expected to fall by 11.5 per cent in the second quarter and by 3.5 per cent in the third quarter, due to uncertainty brought on by the trade war. This is supported by recent surveys by the Bank of Canada, which show 22 per cent of firms plan to back off on their investment plans.
Rinse and Repeat
Lets do that covid thing again.
Globe and Mail- Ottawa planning pandemic-level relief for workers, businesses if Trump imposes tariffs
The Great Replacement
Canadian Peso
Sun- Economists say more room to fall as Canadian dollar continues downward trend
“We do have more room to fall,” said Karl Schamotta, chief market strategist at Corpay.
The Canadian dollar has been trading below 70 cents US in recent weeks and is nearly four per cent below where it was in September.
No Soup For You
Great Success!
Peter St. Onge- Canada is headed for its worst decline in 40 years as economy fails to recover from the pandemic. Under Trudeau, incomes are West Virginia level, house prices are Los Angeles level, and a middle class family might pay *half* their income in taxes. 7 in 10 Canadians now think that “Canada is broken” — rising to 8 in 10 of the young. Almost half of Canadians are considering moving to another country.
Where’s My Stuff?
Blacklocks- Freight Costs Way Up: Report
“the average end to end container transit time as measured from Shanghai through the Port of Vancouver to Chicago increased from an average of 25.4 days in 2019 to 29.1 days in 2020 and 33.8 days in 2021.” All customers paid,
“The price of maritime container shipping rose 385 percent or more than fourfold from November 2020 to September 2021,” wrote the department. “Delays at ports mean that goods must wait on ships longer which causes prices to increase but also reduces availability of shipping
Canada Is Back, Baby!
BBC- How Canada became a car theft capital of the world
Early this summer, Interpol listed Canada among the top 10 worst countries for car thefts out of 137 in its database – a “remarkable” feat, said a spokesperson, considering the country only began integrating their data with the international police organisation in February.
Authorities say once these cars are stolen, they are either used to carry out other violent crimes, sold domestically to other unsuspecting Canadians, or shipped overseas to be resold.
Interpol says it has detected more than 1,500 cars around the world that have been stolen from Canada since February, and around 200 more continue to be identified each week, usually at ports in other countries.
Jobs, Jobs, Jobs
We Need Another Lockdown
Longer and harder this time. And more taxes. And more regulations…
Calgary Herald- Canada’s ‘productivity emergency’ called the most widespread in history outside the pandemic
Outside of Quebec and Ontario, gross domestic product per person is not only lower than before the pandemic, it is lower than the peak in 2014-15.
“That means many people outside our two biggest provinces feel worse off today than they did 10 years ago,” he said.
First World Problems
Calgary Herald- ‘Catastrophic’ water main break cripples Calgary
In a live update Thursday morning, the city said that the cause of the water main break is unknown, but it is large and complicated. The city says its priorities are containing the problem and protecting public health in Bowness.
Update: Fire ban in effect
Open fires, Fire pits, Gas or propane fire pits, Outdoor chimeneas, Recreational solid fuel barbecues and stoves (charcoal briquettes or wood), Tiki torches, Patio heaters (propane, catalytic or infrared/radiant), Ceremonial events with an approved CFD permit – cancelled, All fireworks permits cancelled, Indoor open-air flame fires with an approved CFD permit – cancelled
BoC Rate Cut
Ron Butler- Bank of Canada CUTS RATE: Tiff Macklem Faces The Stark Reality Of A Canadian Economy Headed For The Crapper. The BoC Governor made the expected move & cut the bank’s key Lending Rate by 25 bps. More here
It’s Probably Nothing
Paul Vieira- According to World Bank data on Canada, net outflows of foreign direct investment, at 4% of GDP, outstrip net inflows of FDI, at 2.2% of GDP.
World Bank- Foreign Direct Investment, Net Outflows (% of GDP) Canada