All that’s missing is a discussion about how much money the train is going to lose. Even in Japan, only one line of the entire high speed rail network runs at a profit.
The federal government says the first segment of its proposed high-speed rail project would connect Montreal and Ottawa. The segment would be about 200 kilometres long and construction would begin in 2029.
As is typical of mainstream financial media reporting, you need to scroll to the bottom of an article to see a comment by David Rosenberg regarding Canada’s recent unemployment numbers. I suppose putting the comment at the top would have raised too many eyebrows.
While Statistics Canada’s Labour Force Survey is telegraphing a jobs boom, its Survey of Employment, Payrolls and Hours (SEPH) is telling a different story, said Rosenberg, founder and president of Rosenberg Research & Associates Inc. In the latter report the number of employees receiving pay and benefits dropped by 58,000 in September. For the first time in five years payroll employment was “completely flat,” he said.
“In a sign that there is more slack in the Canadian jobs market than meets the eye … if we were to superimpose the SEPH employment trend on the LFS (household) survey, the unemployment rate would be 8.2 per cent, not 6.9 per cent — and that would be the highest since May 2021,” said Rosenberg.
Sometimes comedy just writes itself. Why would sovereign governments who are in effect their own bank need to set up another bank to coordinate armament purchases? It’s as clear as mud exactly what these functionaries will be doing much less how that will “solve” anyone’s financial problems.
At least five Canadian cities are vying to host a new defence-oriented world bank that could create up to 3,500 jobs, the National Post has learned. Announced this past spring, the DSRB could solve financial problems for countries, including Canada, that are under pressure to increase military spending. The bank will be owned by its member nations, which would capitalize the bank so it would get a triple-A rating it could take to the bond market to raise money.
All of our toothless laws go in the same direction.
Behind the hundreds of pages of civil filings reviewed by The Bureau lies a failure of governance as urgent as the unchecked advance of Latin cartels into Canadian cities — and as lethal as the synthetic opioids tied to the Surrey home.
British Columbia has been chasing the same house, and the same alleged transnational traffickers, through raids, affidavits and Charter of Rights battles since before fentanyl became a household word — and still has not managed to take the keys away.
The case documents explicitly point to a criminal-defence-friendly Supreme Court of Canada ruling — Stinchcombe, notoriously cited by police leaders — and to its role in undermining numerous major prosecutions involving networks tied to alleged narcoterror suspect Ryan Wedding and modern Canadian fentanyl-lab operators. One of those networks is the Wolfpack, a hybrid of Mexican cartels, Middle Eastern threat networks and biker gangs said to be supplied by Chinese Communist Party–linked criminal organizations and other Latin American cartel interests.
If by “broken”, they mean “working as designed”: Year-end bonuses for federal executives are not literally tied to departmental performance, says a Treasury Board report. It follows data showing departments typically reward 90 to 100 percent of managers regardless of failure: “There is a system that is broken.”
National Post- Service Canada offers limited apology, ‘no accountability’ for telling Jewish Montrealer she couldn’t name Israel as birth country
She and her lawyer, Neil Oberman, suspect the episode stems from Prime Minister Mark Carney’s decision to recognize the state of Palestine.
Canadian Taxpayers Federation- Carney’s Toronto cabinet meetings cost $530,000
…records reviewed by the Canadian Taxpayers Federation show. Carney’s cabinet meetings cost thousands of dollars more than recent cabinet retreats hosted by former prime minister Justin Trudeau.
Canadian taxpayers gave Stellantis $15 billion.
Today their CEO proudly told Donald Trump they’re putting almost that exact amount into new factories in the USA.
Mark Carney is a master negotiator!
May the odds be ever in your favour.
National Post- An assisted-suicide political time bomb is ticking for Mark Carney
…support drains away when those tight guidelines are loosened to include those who are suffering from mental illness as the sole underlying condition (42 per cent) or societal reasons such as homelessness (26 per cent) or poverty (25 per cent).
Our industrious little Mel the Disassembler is having a tough week.
Auto giant Stellantis says the government, not the company, insisted on redacting copies of a controversial agreement with Ottawa worth hundreds of millions of dollars requested by a Commons committee.
A letter sent to the House Government Operations Committee by Stellantis appears to contradict testimony by top Industry Canada (ISED) officials last week that redactions to the agreement sent to MPs — who demanded unredacted copies — were requested by the auto giant.
In response to the letter, Industry Minister Mélanie Joly told National Post Tuesday that her department would finally release the unredacted agreement to the committee after repeatedly refusing to do so.
“I received the letter (from Stellantis) earlier. There’s no problem, we’ll remove the redactions and send it to the committee,” Joly said.
But the contradicting claims between Stellantis and ISED about who requested the agreement be redacted against the committee’s will raises a new question: who may have lied to MPs?
And her week just became tougher.
Algoma Steel CEO: Feds knew about plans for layoffs before giving $400M loan https://t.co/lS5AQUA2PL
— CTV News (@CTVNews) December 3, 2025
Well, that response took all of about ten minutes to develop. Maybe fifty percent unemployment across the country would change their attitude, but I’m not too confident about that.
Assembly of First Nations chiefs voted unanimously on Tuesday to demand the withdrawal of a new pipeline deal between Canada and Alberta, while expressing full support for First Nations on the British Columbia coast that strongly oppose the initiative.
The resolution also urges Canada, Alberta and B.C. to recognize the climate emergency and uphold the United Nations Declaration on the Rights of Indigenous Peoples.
Hardly a week has passed since the memorandum of understanding with Alberta, and already the Libs are laying the groundwork for endless “unavoidable” delays. At this rate, I don’t know why Guilbeault found it necessary to quit caucus at all.
On his way into a cabinet meeting Tuesday morning, the former minister of Crown-Indigenous relations told reporters he sees a difficult road ahead for any pipeline project.
“If everyone thought Thursday was difficult, that was probably the easiest day in the life of that pipeline,” Miller said.
On Parliament Hill this week, Canada’s political class finally said the quiet part out loud: the country’s financial system is a comfortable playground for criminals, professional enablers, and offshore tax cheats and the people running it have no idea, or won’t say, how often anyone is actually held to account.
The House of Commons Standing Committee on Finance reconvened its study on the use of offshore tax havens Monday, grilling senior RCMP officials about money laundering, tax evasion, fraud, and the role of Canada’s own institutions. What unfolded was part confession, part deflection, and part political damage control by a Liberal government desperate to present cosmetic “solutions” to a problem it has clearly failed to contain.
The witnesses were Chief Superintendent Michael Saghbini, director general for financial crime with the RCMP’s federal policing criminal operations, and Acting Staff Sergeant Chad Babin, a subject-matter expert on financial crime. From the outset, Saghbini framed financial crime as a core RCMP priority, stressing their mandate to “protect Canada’s economic integrity” and their supporting role alongside the Canada Revenue Agency.
He reminded the committee that the CRA, not the RCMP, is the “lead department responsible for investigating tax evasion related to offshore tax havens,” with its own Criminal Investigations Directorate. The RCMP, he said, “plays an important support role on this issue,” getting involved when tax matters intersect with broader criminal activity such as money laundering, fraud, and corruption.
The message was unmistakable: if you’re looking for someone to blame for the lack of high-profile offshore prosecutions, don’t start with the Mounties.[…]
The Government of Canada’s own 2025 National Risk Assessment, Saghbini noted in his opening statement, lists tax evasion as a “high money laundering threat” to the Canadian economy. Proceeds of crime “are routinely wired through tax haven jurisdictions whose opaque financial structures, such as offshore banks, shell companies, trusts [and] law firms, decouple illicit wealth from its original owner,” he said.
In other words: the very architecture of the global financial system, banks, law firms, anonymous companies, is being used to hide the identity of the people moving dirty money. Yet in Canada, a government that claims to be cracking down on this has been conspicuously reluctant to name names or produce results.
Algoma Steel got a $400M loan from the Liberals in September.
Today it laid off 1000 people. pic.twitter.com/HOy0jwXl52
— HoCStaffer (@HoCStaffer) December 1, 2025
Thoughts and prayers from the Honourable Member for Garnier-Clairol-L’Oreal
How it started…
Ptomekin Village PM gets results.
➜ Ontario’s housing engine has stalled: Starts are collapsing across the GTHA and GGH. Condo starts are down 51%, ground-oriented homes are down 43%, and overall starts are down 34%, with only rental apartments keeping the sector on life support. The weakness is not confined to condos or to Toronto.
➜ Tens of thousands of jobs are vanishing: The construction slowdown now equals 35,377 lost person-years of employment in the first 9 months of the year, and the losses are accelerating quarter after quarter.
➜ The real crash is still ahead: Pre-construction sales have fallen off a cliff, condo pre-sales down 89%, ground-oriented pre-sales down 65%, guaranteeing an even deeper downturn in 2026 and beyond.
@harrisonlowman – Only 25 new condos were sold in downtown Toronto last month. How is this possible?
Salt in wound: Housing Minister Gregor Robertson’s department spent more than $97,000 to send managers to a two-day conference on homelessness for “inspiration,”
This has nothing to do with confronting the virulent rapey-beheader street fairs – which they could any time they choose – and everything to do with crushing opposition to the Trans-Gay Institutional Complex.
The Liberals have agreed to remove religious exemptions from Canada’s hate-speech laws to secure Bloc Québécois support to help pass its bill targeting hate and terror symbols, National Post has learned through a source close to the talks.
Currently, the law exempts hateful or antisemitic speech if it based in good faith on the interpretation of a religious text, but that immunity is set to be removed. Additionally, the Liberals are expected to back off plans to eliminate the need for a provincial attorney general’s sign-off to pursue a hate-propaganda prosecution.
The removal of the religious exemption is expected to come via an amendment to the Criminal Code in the form of Bill C-9 at the parliamentary justice committee that will be supported by both the Liberals and Bloc, a senior government source confirmed. […]
Chief among the proposed changes is creating a new offence for intimidating someone to the point of blocking their access to a place of worship or another centre used by an identifiable group, as well as criminalizing the act of promoting hate by displaying a hate or terror symbol, such as one tied to a listed terrorist organization or a swastika.
The Opposition Conservatives have lambasted the current effort as censorship, saying provisions already exist within criminal law to counter hate, and that the bill’s proposal to remove the requirement for a provincial attorney general’s (AG) consent to lay a hate propaganda charge took away an “important safeguard,” according to the party.
“Could you explain to hungry taxpayers why it would be a good use of their money to send $4 million to Lebanese Ski Soldier School for multi-gender occupancy?”
On my list of things I wish were real, a growing economy in Canada is just above flying cars. But it’s just not in the cards…
Forecasters had predicted gross domestic product (GDP) would expand by a more modest 0.5 per cent. The momentum was driven by Canada’s strengthening trade balance, with a decrease in imports and an increase in exports during the quarter, Statistics Canada said on Friday. It was also driven by increased capital spending by governments, as business investment remained flat.
The trucking industry is always the first into and the first out of a recession and not even Mark Carney’s deficits can change that.
Seems like a lot of steps go into not building a pipeline.
Here is a breakdown of the most important parts of Danielle Smith's deal with Mark Carney aka MOU between Alberta and Canada:
* will make a pipeline a National Interest Project – "if"
* one or more pipeline.
* clean electricity regulations will be suspended – the best part of…— Kirk Lubimov (@KirkLubimov) November 27, 2025
Told ya so: The fundraising emails are already flying.
Eby’s NDP party put out a fundraising email Thursday morning slamming Ottawa and Alberta for undertaking negotiations on a new pipeline project without involving B.C. and saying the province will fight to make sure it isn’t built.
Time to change the locks on Alberta, Premier Smith.
Green lining: Guilbeault resigns
A carbon tax increase is guaranteed, though.
