Category: Gradually Then Suddenly

Elbows Down!

2025 Federal Election Gradually Then Suddenly Great Moments In Socialism It's Probably Nothing 9 Comments

Didn’t Carney say we were going to make up for declining trade with the US by achieving closer ties with Europe? I guess our manufacturers didn’t get that memo.

The downturn in Canada’s manufacturing sector deepened in June as U.S. tariffs undercut demand, spurring the sharpest cut to output in five years, data on Wednesday showed.

The S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI) edged down to 45.6 in June from 46.1 in May, registering the fifth straight sub-50 reading. A level below 50 indicates contraction in the sector.

Explaining Civilisation

Forward! Gradually Then Suddenly 2 Comments

To those seemingly unfamiliar with the concept:

The uninvited newcomers – chiefly, it seems, men of fighting age and all mysteriously unencumbered by identifying documents – are given helpful pointers on the customary use of pavements and pedestrian crossings, and are warned about the hazards of randomly strolling through moving traffic on busy roads. They are also introduced to the novel concepts of avoiding foul language in public and not abusing animals for amusement purposes.

Other teething problems have, it seems, arisen:

“The initiative by Northamptonshire Police followed community and parental complaints over young male asylum seekers loitering near a primary school in the county, including claims of filming.”

Not loitering at the gates of primary schools in order to film small children being another cultural subtlety requiring clarification.

Oh, there’s more. Much more.

New Governor, Same As The Old Governor

Gradually Then Suddenly New Governor 18 Comments

Toronto Sun;

Proactive disclosures filed after June’s G7 summit in Kananaskis show the round table world leaders huddled around last weekend cost taxpayers $258,300.

The table, designed and built by Calgary-based furniture maker Möbius Objects, consisted of a beige finish and included a number of surrounding desks for staffers.

According to the disclosure, Möbius Objects was awarded the Global Affairs Canada table tender in a two-bid competition, chosen on Jan. 15 by Public Services and Procurement Canada due to a “highest combined rating of technical merit and price,” with a June 4 delivery date.

Inquiries to Global Affairs Canada by the Toronto Sun went unacknowledged.

Elbows Down, Suckers!

Gradually Then Suddenly Great Reset It's Probably Nothing 9 Comments

Now that the election is over the mainstream media water carriers can safely post bad news.

The largest drop was seen in the manufacturing sector, with a net loss of 31,000 jobs, a 1.6 per cent decline from March. Regionally, the deepest manufacturing impact was in Ontario, with 33,000 fewer jobs.

“Overall, we are seeing a job market that was weak heading into the trade war, now looking like it could soon buckle.”

Old News

Gradually Then Suddenly It's Probably Nothing Media 4 Comments

Yet again, the mainstream media is finally catching onto something the rest of us have known for a long, long time.

“These are not just big numbers in themselves,” wrote Nic Newman, Senior Research Associate at the Oxford, UK-based Reuters Institute for the Study of Journalism. “These creators are also attracting audiences that traditional media struggle to reach. Some of the most popular personalities over-index with young men, with right-leaning audiences, and with those that have low levels of trust in mainstream media outlets, seeing them as biased or part of a liberal elite.”

Circling The Drain

Gradually Then Suddenly Great Moments In Socialism It's Probably Nothing 12 Comments

It’s no surprise that housing starts have fallen sharply in Ontario. Unemployment’s up, the marginal home buyer is tapped out, and the Bank Of Canada is not in any hurry to offer relief. Elbows down, people!

In the first quarter of 2025, construction started on 12,700 housing units, which financial accountability officer Jeffrey Novak said is the lowest level since 2009.

That’s down 20 per cent from the first quarter of 2024, a year that also saw relatively low levels of housing starts.

Dougie may need to call in some favors from his buddy Mark, and soon…

Canadian unemployment is rising, and the country’s largest province is leading the trend. Ontario’s unemployment rate climbed to 7.9% in May—nearly a full point above the national average. A new report from BMO warns the province’s unemployment rate is now at a level not seen outside of the worst recessions.

The Pigs Are Hungry

Cronies Gradually Then Suddenly It's Probably Nothing 15 Comments

Massive cost overruns on yet another defense procurement contract? If Canada ever found itself in a war, it would likely be over before we got the first plane in the air.

The estimated cost of Canada’s incoming fleet of advanced stealth fighters exploded by nearly 50 per cent in just a few years, auditor general Karen Hogan said Tuesday in a new report.

National Defence said in 2022 the base price for the F-35s would be $19 billion. Just two years later, the number has climbed to $27.7 billion. That estimate does not include figures for infrastructure upgrades or weapons.

Paper Tiger

Gradually Then Suddenly Great Moments In Socialism It's Probably Nothing 11 Comments

So China’s mix of free market economics and state control isn’t working out so well after all. Shocked, I tell you…shocked!

The reality is this: China’s economic stature is overrated. Despite heavy investments in technology, its economy suffers from a persistent productivity problem. Its exports are still centered around low- to mid-value goods, and its much-hyped artificial intelligence (AI) sector is more about state direction than spontaneous innovation.

Much of China’s R&D spending is directed by the state or influenced by political incentives. State-owned or state-affiliated enterprises are often the biggest recipients of funding, which leads to inefficiencies and duplication. Instead of fostering open competition and entrepreneurial experimentation, the system favors companies with political connections and access to subsidies.

Your Civil Liberties vs Their Laziness

Gradually Then Suddenly Great Moments In Socialism 17 Comments

Blacklock’s- Bill OKs Police To Open Mail

Police would gain new powers to intercept mail in transit under a bill introduced yesterday by Public Safety Minister Gary Anandasangaree. The bill repeals privacy protections at the post office that date from Confederation.

Currently police must track suspicious letters and packages to delivery, a requirement that’s seen RCMP pose as mail carriers and courier drivers in sting operations, according to evidence filed in the Ontario Court of Appeal.

Circling The Drain

Gradually Then Suddenly Great Reset It's Probably Nothing 3 Comments

The marginal home buyer can’t muster much of a bid these days, and who could blame him? When is this going to start hitting the balance sheets of lenders?

Vancouver home sales activity fell again in May as buyers continued to sit on the sidelines, the city’s real estate board said Tuesday.

Residential sales in the region totalled 2,228 last month, an 18.5 per cent drop from the same month a year earlier, Greater Vancouver Realtors said. Sales levels are 30.5 per cent below the 10-year seasonal average.

 

Narrative Spin

Climate Cult Gradually Then Suddenly It's Probably Nothing 24 Comments

The narratives spin so fast with some journalists that you just can’t keep up these days. When faced with the obvious problem that EV sales are cratering at the same time that government subsidies are evaporating, the typical response is to cite opinion polls which claim that car buyers are actually quite positive about EVs.

DesRosiers Automotive Consultants described an “astonishing” collapse in battery electric vehicle sales, adding that “stunning declines were witnessed by a plethora of BEVs, as sales plummeted across the segment.”

However, J.D. Power Canada says only 42 per cent of new vehicle shoppers likely considering an EV say Ottawa’s rebate halt had a “negative effect” on their decision. Twenty-eight per cent say the pause was “more or less neutral” in terms of swaying their intentions. J.D. Power says it collected responses from 3,979 new vehicle shoppers in March and April.

 

Elbows Down!

Gradually Then Suddenly It's Probably Nothing There Goes The Narrative 24 Comments

Now that the election is over and the culture is safe from the predations of those nasty conservatives, the mainstream financial media can now openly admit what most SDA readers have known for months: the Canadian economy is headed for the dumpster.

TD expects another 100,000 Canadian jobs could be lost through the third quarter, bringing the unemployment rate to a peak of 7.2 per cent, a full percentage point higher than the bank’s December forecast.

The bank has also downgraded its forecast for gross domestic product and is now calling for a contraction in the second and third quarters of this year.

 

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.”

New Governor, Just Like The Old Governor

2025 Federal Election Gradually Then Suddenly The Libranos 33 Comments

TorStar;

Bell Canada’s cancellation of a $32-million dollar contract to expand high-speed internet and cell service on Labrador’s north coast comes as the telecommunications giant has confirmed plans to expand southward in the United States.

After receiving millions in government subsidies for the Labrador North Wireless Broadband Project, Canada’s largest communications company says it’s no longer feasible to complete the expansion due to rising costs and competition.

That Sinking Feeling

Gradually Then Suddenly Great Moments In Socialism It's Probably Nothing 23 Comments

Elbows Up! Oh, wait….

Canada’s labour market showed strain from the U.S. trade war in April, with the unemployment rate rising unexpectedly to 6.9 per cent as manufacturing jobs declined, according to Statistics Canada data released on Friday. Overall employment was essentially flat, with 7,400 net jobs added for the month — a number held in positive territory due to temporary hiring for the federal election.

 

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