Category: Gradually Then Suddenly

Making History

Canada’s Bolsheviks Gradually Then Suddenly nannystate New Governor 24 Comments

This is not the kind of history that any level of government should be making. But I guess it’s okay, as long as we call the spending “investment”.

The New Brunswick government says its investments in health care have helped push the budget into a record deficit. Introduced on Tuesday, the budget’s $1.4-billion deficit is the largest in the province’s history, according to Finance Department staff.

Speaking of investments…

The federal government is putting $200 million toward a Canadian-owned launch pad so it can send satellites into orbit without the assistance of other nations or other foreign third parties.

 

Private Credit Woes

Gradually Then Suddenly Great Reset It's Probably Nothing 5 Comments

Ron Butler asks the tough question: are the problems in Canada’s private credit market an indication of a financial contagion?

We have Easy Financial. The stock price fell 50% in one day. Is this the private credit contagion?

Um, they’re restating earnings from over a year ago. What? What? What? What sense does that make?

I think something is wrong because you don’t want to see the CEO of a independent financial lending organization both quit within the same two year period.

I Want A New Country

Alternative Subsidy Gradually Then Suddenly New Governor Western Separatism 39 Comments

“$9,000 for every single Canadian family of four across the country”

Construction of regional high speed rail is a $90 billion catastrophe for taxpayers, says an MP whose constituency is on the route. Conservative MP Scott Reid (Lanark-Frontenac, Ont.) yesterday warned of “ruined lives” and wasted billions as the Commons passed the High Speed Rail Network Act: ‘Why on earth should people in British Columbia, Alberta or Newfoundland pay for this?’

Fire Them All

entitlement generation Gradually Then Suddenly nannystate Protected Class 12 Comments

Here’s hoping that Javier Milei’s labor market reforms continue to gain traction. Notice how the news item is framed in such a way as to draw no connection between the undeserved power of Peronist labor unions and “frequent economic shocks”.

The bill, which grants employers greater flexibility in matters of hiring, firing, severance and collective bargaining, has drawn fierce opposition from labor unions and their Peronist allies, who argue it would roll back measures that protect workers from abuse and Argentina’s notoriously frequent economic shocks.

Money For Nothing

Climate Cult Cronies Gradually Then Suddenly It's Probably Nothing More Money Than Brains 1 Comment

If John Risley typifies the mindset of the business community in this country, we’re all done for.

He sold the company in 2021 for $1 billion. But instead of enjoying his money in retirement, he kept backing massive projects with global ambitions, including a stalled wind-powered hydrogen energy operation in western Newfoundland.

Risley was in Ottawa in December to drum up support for a deepwater port in the Arctic.

Under the increasing interest rates, the US$250-million loan inflated into a debt reaching nearly US$1 billion, the documents said. CFFI planned to sell off a few major investments and pay off the debt, but the sales never happened, the papers said.

Ones And Zeroes

DigitalCurrency Gradually Then Suddenly It's Probably Nothing 13 Comments

Money has to be the most marketable commodity, not lines of code on a hard drive. Investors in the latter are finding that out the hard way.

Bitcoin is now down 24% this year and remains roughly 47% below its October all-time high.

The largest failure so far this year has been Blockfills, a midsize prime broker that halted deposits and withdrawals earlier this month amid the decline in bitcoin prices.

 

Gradually, Then Suddenly

Frankly, My Dear Gradually Then Suddenly 18 Comments

Now, factor in the crash coming to vacation condos in Mexico.

Circling The Drain

Gradually Then Suddenly It's Probably Nothing 8 Comments

Home sales are plunging, particularly in Ontario, because no one is ever eager to sell below their expectations and/or at a loss. But buyers are in the driver’s seat now, and when the dam breaks we can sit back and watch the fire sales.

Canada’s real estate market opened 2026 in a slump, as national home sales fell 5.8 per cent month-over-month in January, while actual, non-seasonally adjusted transactions were down 16.2 per cent from a year earlier…

 

Self Driving Stock Values

AI Gradually Then Suddenly It's Probably Nothing More Money Than Brains Tech 13 Comments

I thought this AI thing was all win/win.

Cisco Systems dropped 12.3% despite likewise topping analysts’ expectations for profit and revenue last quarter. The tech giant indicated that it may make less profit off each $1 of revenue during the current quarter than it did in the past quarter.

More broadly, questions are rising about whether businesses that are spending heavily on AI will end up seeing high-enough profits and productivity to make the investments worth it.

 

Money For Nothing

Gradually Then Suddenly It's Probably Nothing 7 Comments

If some of the AI generated nonsense I’ve run across lately is going to become commonplace, it’s little wonder that investors are getting skittish.

Amazon.com shares slid 9% on Friday after the company outlined a planned $200 billion capital outlay for the year, stoking investor concerns about the scale of Big ​Tech’s spending on artificial intelligence.

Are we headed for what some are calling the Dead Internet Theory?

But the dead internet theory goes even further. Many of the accounts that engage with such content also appear to be managed by artificial intelligence agents. This creates a vicious cycle of artificial engagement, one that has no clear agenda and no longer involves humans at all.

Gradually, Then Suddenly

Gradually Then Suddenly New Governor The Libranos 26 Comments


Race to the bottom: Glencore said on Tuesday it has suspended nearly $1 billion of planned investments at Horne Smelter, Canada’s largest copper metal-producing operation, after failing to secure regulatory certainty from the provincial government of Quebec.

No Retirement For You!

Children R Our Future entitlement generation Gradually Then Suddenly It's Probably Nothing 10 Comments

While most of these youngsters can see a problem, my guess is that only about ten percent of them can understand why it exists: it’s the inevitable outcome of an exponentially rising debt burden colliding with demographics.

A report by BMO published on Monday showed 73 per cent of millennials surveyed believe retirement planning will be more difficult than it was for their parents, followed by generation X at 67 per cent, generation Z at 61 per cent and boomers at 60 per cent.

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