Category: New Governor

The Libranos: King Condo


In Tense Ethics Hearing,
Conservatives Say Brookfield Partnered With Vancouver Condo Developer 15 Days Before Carney’s Bailout

In a contentious ethics committee, Conservative MP Aaron Gunn moved Tuesday to summon Vancouver condo marketer Bob Rennie, federal Housing Minister Gregor Robertson, and major developers connected to Rennie’s fundraiser for Mark Carney as witnesses in an urgent parliamentary investigation of the Prime Minister’s multibillion-dollar British Columbia condo bailout. A second Conservative, Gabriel Hardy, then walked the committee through a timeline that ended on the most pointed suggestion of the hearing.

Hardy asserted that Brookfield — the asset-management giant Carney chaired before entering politics — became co-owner in a deal with Concert Properties, a developer holding dozens of condo projects in the Burnaby glut zone, fifteen days before the bailout was announced.

Gunn’s motion, put to the Standing Committee on Access to Information, Privacy and Ethics, calls for no fewer than six meetings this summer into what the governments have styled the Canada–British Columbia partnership on condo conversion — the June 18 plan to buy more than 2,200 unsold Vancouver-region condominiums with public funds.

The witness list reaches from the political architects to the industry’s commanding heights: former Vancouver mayor and now Carney housing minister Gregor Robertson; British Columbia Housing Minister Christine Boyle; Vancouver Mayor Ken Sim; Rennie, whom the motion identifies as the figure “often called Vancouver’s Condo King”; Duncan Wlodarczak, chair of the Liberal Party of Canada in British Columbia and chief of staff at Onni Group, one of the province’s largest developers; the Urban Development Institute; Concert Properties; and Brookfield Asset Management. The motion further demands that both governments produce any agreement between them on the condo program, and any agreement between either government and any developer or lender, immediately upon finalization.

As if: the Liberal majority ended debate on the motion in a five-to-four vote, shelving the probe without allowing it to be decided.

Update: Sam Cooper with Brian Lilley.

New Governor, Same As The Old Governor

Lee Humphrey;

Recently Canada was selected to host what is being called a NATO bank. Its official name is Defence, Security, and Resilience Bank (DSRB) & its mission is to provide low cost loans to NATO members & allies (read Ukraine) to purchase weapons. No country has committed actual dollars to fund the bank other than Canada.

So the word on the street is that Carney gained the support of the EU based NATO members to become the host for the bank by assuring them that Canada would buy the joint Norwegian/Germany [submarine] bid. That’s $100 billion taxpayer dollars being used to gain a prestigious (in Carney’s mind) bank which inflates his status in NATO.

Reuters;

“My prime minister said we should not aim for perfection before launching ⁠this initiative, that we should rally the countries that are ready to be called founding members, and then the membership will stay open,” Hudon said.

The project’s fate remains uncertain without the backing of nations ​crucial to it securing a triple-A credit rating.

Left Coast, Lost Cause

We are governed by a secret cabal of our enemies.

Without legislative approval or a public mandate, the BC NDP government—apparently enabled by the federal government—is negotiating a secret agreement with a tiny, remote Indigenous community that aims to recognize legally unproven Aboriginal title, transfer lands, share revenue and cede unprecdented governance authority over 11 per cent of the province in one of Canada’s most mineral-rich districts, containing an estimated value of known deposits exceeding C$1 trillion.

That’s trillion with a ‘t.’

The end goal of the so-called “foundation agreement” is the recognition of Tahltan Nation rights and title over “Tahltan territory,” defined repeatedly as its entire legally unproven territorial claim spanning 96,000 square kilometres, according to public documents and other heavily redacted files obtained under a Freedom of Information request by the Public Land Use Society.

“The [foundation agreement] negotiations will be based upon recognition of Tahltan Aboriginal Title and Rights in Tahltan Territory,” reads a 2020 “shared prosperity agreement” that defines the geographic area as “the traditional territory identified by the Tahltan.”

Tahltan’s territorial claim spans an area larger than Portugal, including 70 per cent of the Golden Triangle, one of the richest mineral districts in Canada, which the BC Geological Survey estimated in 2021 to hold a total contained metal value of C$1.28 trillion. […]

The Tahltan Central Government is the administrative governing structure for the Tahltan and Iskut Indian bands representing two clans who together make up the Tahltan Nation with 636 people living on reserve and 2,444 registered members living elsewhere.

The most stubborn obstacle to securing recognition of Tahltan title may might not be having to prove it in court—both senior levels of government appear inexplicably eager to dispense with the constitutional standard of proof, as they did with Haida title. Nor have governments openly expressed any concern for the public interests or the usurping of its governance authority over Crown land. Rather, the biggest pushback may come from neighbouring Indigenous communities.

Via Juno News.

I Want A New Country

Not a bug, but a feature: Canada’s carbon pricing wipes out Alberta oilsands’ edge

Canada’s industrial carbon tax pushes the cost of producing a marginal barrel of oilsands crude to $75 USD (at $95/tonne carbon tax)—well above what new projects in Texas or New Mexico face—stripping away the tax advantage Alberta needs to attract energy investment, according to a new Fraser Institute study by Jack Mintz, president’s fellow at the University of Calgary’s School of Public Policy.

The findings land as Ottawa and Alberta advance a one-million-barrel-per-day West Coast oil pipeline proposal under their November 2025 memorandum of understanding (MOU) and May 2026 implementation agreement. So far, Pembina Pipeline Corp. is the only private partner to sign on, taking a 10 percent stake during construction, and no oil producers have yet committed to shipping on the line.

Mintz said the research began long before the current political moment.

“This work was started about three, four years ago—it was more of an academic interest,” he said in a phone interview with The Hub. “It struck me that no one had really looked at carbon taxation and how it affects competitiveness.”

I Want A New Country

Pipeline to Nowhere: Construction of new oil pipeline to B.C. coast won’t include lifting oil tanker ban

Describing it as “a big day for Canada” and “a big day for British Columbia,” B.C. Premier David Eby and Prime Minister Mark Carney on Thursday announced the signing of a multibillion dollar memorandum of understanding (MOU) between the two governments that could help pave the way for construction of a new oil pipeline from Alberta to the B.C. coast.

“This agreement doesn’t require us to support any pipeline proposal from Alberta,” said Eby, who, along with First Nations, has been adamantly opposed to lifting the federal ban on oil tanker traffic along B.C.’s north coast.[…]

The MOU also includes a commitment by Ottawa to engage in “early consistent and meaningful consultations with First Nations,” along with “an economic and revenue framework for British Columbia” that will include an annual royalty payment to British Columbia by the pipeline operator and “an environmental liability and emergency response fund held in trust accessible by B.C. and First Nations.”

I’m sure Zinchuk will have more in due course.

Bananada

Blacklocks;

Foreign agents operating in Canada will not be compelled to disclose how much they’re paid under regulations finalized yesterday. Disclosing cash transactions was too “sensitive,” said Public Safety Minister Gary Anandasangaree, though such disclosure is mandatory in the United States: ‘We do not intend to publish specific dollar amounts.’

False Alarm!

I see the court economists are at it again, carrying water as they do for the new PM. They need to understand that massive spending on money losing, capital consuming circuses like FIFA does not add to GDP; that should actually be counted as a subtraction.

While CIBC was already expecting a “healthy rebound” in the second quarter, Grantham said the period was also “flattered somewhat by a rebound in mining, oil and gas, as well as potentially a boost from FIFA World Cup spending and preparations.”

Hard Pass On The Low Hanging Fruit

The Liberals could make some easy, win/win concessions to the US on trade if they really wanted to. They are the only party that could afford to dismantle supply mismanagement, electorally speaking. And Blubber Dougie would fold like a cheap tent on the booze ban if Carney insisted. But Canadians seem to prefer the passive aggressive route instead.

The U.S. has also complained about Canada’s administration of dairy import quotas created under USMCA and raised concerns over milk pricing policies and market ‌access for U.S. dairy products. Prime Minister Mark Carney’s government ⁠has said previously supply management will not be on the negotiating table.

The Libranos: King Condo

The Bureau;

BC Housing records for March 2026 say that Premier David Eby was briefed for a meeting with Vancouver condo marketer Bob Rennie, the industry leader who hosted a February 2026 fundraiser for Prime Minister Mark Carney — attended by at least 17 leading developers — that has now been cited in Conservative leader Pierre Poilievre’s call for an ethics investigation into the controversial multi-billion-dollar developer bailout that was announced four months after Eby’s planned meeting with Rennie was documented, The Bureau has learned.

The briefing note is logged in Eby’s premier’s office correspondence stream under the heading “Rennie Meeting.” It was opened in February 2026, the month Bob Rennie — the marketer the development industry calls its condo king — held “An Evening with Mark Carney” at his offices. The Elections Canada filing for that fundraiser lists 146 attendees who paid up to $1,775 each, among them at least 17 of the province’s leading developers and condo marketers, along with former BC Premier Christy Clark.

A number of the prominent developers in attendance hold unsold inventory in the Vancouver region’s glut — the same distressed stock Carney and Eby plan to address by purchasing condos with up to several billion in public funds.

Related: If you believe a ‘blind trust’ takes over the existing financial portfolio of someone like Carney, sells it ALL then purchases whatever new investments they like; you may be too stupid to be allowed to vote.

Torrent Of Crickets

If a Tory government ever did what the Liberals just did with those unsold condominiums, the torrent of criticism would be more like a tsunami with the mainstream media pulling out all the stops to pile on the government. Just sayin’…

Prime Minister Mark Carney has faced a torrent of criticism since June 18, when he announced a plan to work with the B.C. government that he said would help homebuyers struggling to save for a down payment.

Carney has since said his government did not explain the program well.

Our Chinese-Installed Governor In Ottawa

Way too late for that: Beijing offers a poisoned chalice. Carney shouldn’t drink from it

Burton says Canada is a “bellwether” country in Beijing’s subversion of developed economies. Before Carney’s election, Canada was already the most deeply compromised member of the G7, and since January’s Canada-China strategic partnership was declared, the Chinese Communist Party’s influence operations in this country have expanded exponentially, Burton told me. “By exploiting Canadians’ natural anger over Washington’s betrayal, the CCP have successfully overseen a campaign of calculated deceit. It’s a classic deflection tactic: by keeping the public’s focus squarely on American betrayal, they effectively defuse and neutralize mainstream concerns about the PRC’s own escalating campaign of subversion, espionage, and transnational repression in Canada.

Only 43lbs Of Fentanyl

Sam Cooper;

The container arrived carrying twenty industrial rolls of paper, and concealed inside ten of them was 520.6 kilograms of opium — the raw material of the Big Circle Boys’ heroin trade that drove Vancouver’s overdose deaths for decades, before fentanyl exploded in the Downtown Eastside around 2012.

Canada Border Services Agency officers made the find at the Tsawwassen Container Examination Facility, five kilometers from the Deltaport terminal, after intelligence from the agency’s National Targeting Centre and U.S. Customs and Border Protection flagged the shipment in January.

The disclosure came late, as it had before: officers intercepted the container in January but the agency announced it only this week — the same months-long lag that preceded its October disclosure of a May 2025 seizure of 4,300 liters of Chinese precursor chemicals bound for Calgary. The number carries political weight on its own. A single container held more opium than the 329 kilograms of opioids border officers seized across all of British Columbia in 2025.

Related: Just don’t be found in possession of a bouncy castle and you’re free to go.

“Vigilamus pro te”

A CAF juxtapose of sorts.

Brian Lilley: This wasn’t respectful to the troops, don’t think it followed protocol. Problem is, Carney doesn’t know this.

More military mystery…

The officer commanding one of the Canadian Army’s leading regular force battalions and the unit’s top non-commissioned officer have been removed from their position. Lt.-Col. Jason Hudson and Chief Warrant Officer Kim Doerr, of the 3rd Battalion, Princess Patricia’s Canadian Light Infantry, based in Edmonton, were apparently forced to step aside over the weekend, several military sources said Tuesday.

The Department of National Defence, in a written statement, confirmed to CBC News that action had taken place, but refused to explain why.

Reddit reveals: “Beers on a bus”

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