Where church bells ring, the housing is free and the spirit of Tommy Douglas blesses the newcomers.
Where church bells ring, the housing is free and the spirit of Tommy Douglas blesses the newcomers.
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.
Since my name was mentioned in this article (p. 7) with respect to an incident I experienced while I was a Minuteman I (ICBM) missile launch officer, in command of a Launch Control Facility (LCF) in Montana, designated “Oscar 1” and false representations were made, I find it necessary to respond to those statements in the referenced article.
Some of the most prevalent UFO conspiracy theories — including about aliens being housed at Area 51 in Nevada — were fueled by the Pentagon in an attempt to provide cover for secret weapons programs, according to a bombshell report.
A review by the Department of Defense found that in the 1980s, an Air Force colonel visited a Nevada bar near Area 51 and gave the owner fabricated photos of flying saucers near the secret government base, according to a review of the 2024 report by the Wall Street Journal.
The incident renewed local fervor over UFOs, with the now-retired colonel confessing to Pentagon investigators that he was on an official mission to spread disinformation and hide the true purpose of the site, where the government was testing the first-ever stealth warplane, the F-117 Nighthawk.
And lots more.
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.
Globe and Mail- Canadian chip company Untether AI winding down operations
Toronto-based Untether designed computer chips for artificial intelligence applications such as autonomous vehicles, robots and drones, and said its products were far more energy efficient than others on the market.
I’m not sure who’s worse. The water carriers who write such vacuous puff pieces or the water carrier who currently inhabits the office of the Premier of Ontario. These alleged negotiations are starting to sound like an episode of Secret Squirrel. All Carney needs to complete the charade is a hat with eyeholes in the brim.
When reporters on Parliament Hill asked the minister if Canada is close to a deal with the U.S., Joly bristled. “Guys, do you really think I’ll answer that question?” she asked rhetorically. “I won’t answer that question. We won’t negotiate in public and we’ll let the prime minister do his work.”
Earlier in the day, Ontario Premier Doug Ford said Carney is in “deep, deep discussions” on trade with Trump. “I’m not going to speak on behalf of the prime minister. I just know that they’re right at the brink,” Ford said at the Ontario legislature. “They’re working hard around the clock to try to get a deal.”
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.
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.
The silence from the Kremlin is deafening.
— wretchardthecat (@wretchardthecat) June 2, 2025
What could possibly go wrong: Ukrainian officials did not give the Trump administration advance notice of the attack, both Ukrainian and U.S. officials told Axios
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.
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.
It was a moment of closeness.
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.”
Real Reporter discusses how the Russians are catching up in drone technology, which possibly explains why Putin seems disinterested in peace talks.
Hat Tip: Neil
In an explosive Sunday interview that will place tremendous pressure on Prime Minister Mark Carney’s new Liberal government, FBI Director Kash Patel alleged that Mexican cartels, Chinese Communist Party operatives, and Iranian threat actors have forged a new axis of criminal cooperation, using Canada’s porous northern border and the Port of Vancouver—not the southern Mexican border—as their preferred entry point to flood fentanyl and terror suspects into the United States.
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.
Switzerland’s doomsday bunkers.