Category: Venezuela

Good Times

The Libranos Venezuela 6 Comments

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

Gradually Then Suddenly Venezuela 26 Comments

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.”

Great Success!

Shiny Pony Venezuela 57 Comments

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.

Rarely has a country fallen so far so fast.

Where’s My Stuff?

Gradually Then Suddenly Venezuela 3 Comments

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!

Venezuela 13 Comments

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.

We Need Another Lockdown

Shiny Pony Venezuela 19 Comments

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

Drain The Swamp Venezuela 17 Comments

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

Fairness For Every Generation

Shiny Pony The Libranos Venezuela 17 Comments

Alex Pierson– Blacklocks Reporter,” An astonishing figure because it’s double what debt ceiling was just 3 years ago. It’s almost equivalent to entire economic production of Canada in one year.” 

Francisco- What does that mean?

“Whatever your children’s tragedies and triumphs will be 30 or 40 years from now, they’re not gonna have the money. You can tell them it’s because of what was buried on page 638 of a Notice of Ways & Means tabled in the house of commons.”
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Listen to the whole thing. 

Sunny Ways…

Great Moments In Socialism Shiny Pony Venezuela 38 Comments

…sunny ways.

Sun- Trudeau’s budget is a debt bomb

The Trudeau government’s 2024 budget is a tax-and-spend debt bomb financed by borrowed money and high taxation that is going to get worse year after year until the Liberals are booted from office.

Caught off guard by high interest rates, Finance Minister Chrystia Freeland delivered a budget on Tuesday awash in a sea of red ink, keeping the Liberals’ dubious record intact of failing to deliver a single balanced budget since they came to power in 2015, with no plan to balance the budget, ever.

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