It’s hard to believe we’re scraping the bottom of the OECD barrel with the intellectual gigantism at work for us in Ottawa.
MUST WATCH: Environment Minister Julie Dabrusin accuses Conservatives of echoing pro-Russian talking points for saying the industrial carbon tax is driving away investment.
"The Conservative Party seems to be suggesting we should be taking investment notes from Russia." pic.twitter.com/qocs9lda7e
— Juno News (@junonewscom) May 28, 2026
It’s not just the federal government that isn’t that interested in Balsillie’s advice. Most provincial governments couldn’t care less either.
Balsillie said those who thrive in today’s economy own and control intangible assets such as data, AI and IP, and the U.S. has “turbocharged their capture,” but Canada’s economic game plan has stayed stuck in the decades-old “tangible production economy era,” while the new assets of the new economy require different strategies.
The process is the punishment: Federal election investigators quietly close criminal probe into Juno News
These days I’ll take any sign of improvement within the Federal government as a victory. The by-election, being in Montreal, will be a slam dunk for the Libs nonetheless.
Earlier in the day, Carney said he wishes Guilbeault “all the best” in whatever he chooses to do with his career next.
Carney said he understands that “things change.”
@ezralevant – 93 different Tim Hortons are looking for Temporary Foreign Workers RIGHT NOW.
Important to note regarding Mark Carney’s renewal of a law enforcement agreement with China’s Ministry of Public Security (MPS):
A document from August of 2023 states that the RCMP did not want to renew the agreement with the MPS after it expired.
“While the RCMP continues to seek ways to mitigate and navigate the current reality of the Canada-China bilateral relationship, in order to progress on law enforcement issues of mutual concern, it does not envision renewing its expired Memorandum of Understanding (MOU) with the Ministry of Public Security (MPS) in the immediate future.”
Two polls on the same day:
-Abacus – Carney is surging, and Canadians feel Canada is on the right track.
-Blacklocks leak of an internal government poll: trust in Canada’s democratic institutions in a freefall.
Try to circle that square.
On May 21, the CRTC issued Broadcasting Regulatory Policy 2026-96, ordering Netflix, Amazon, Disney+, Apple TV+, Spotify, and every other major streaming platform operating in Canada to hand over 15% of their Canadian revenues. The money will be distributed to Canadian content funds, news organizations, French-language production, and Indigenous media through a complex allocation framework that the CRTC alone will administer. […]
Within twenty-four hours, the Motion Picture Association — representing Netflix, Disney, Paramount, Sony Pictures, Universal, Prime Video & Amazon MGM Studios, and Warner Bros. Discovery — issued its strongest condemnation of a Canadian regulatory decision in the organization’s history[…]
The U.S. Ambassador to Canada followed. The U.S. Chamber of Commerce followed. A Congressional bill threatening Section 301 retaliation was already in play. The CUSMA joint review deadline is July 1. And Canadian Identity and Culture Minister Marc Miller — whose government created the Online Streaming Act — responded by distancing himself from his own regulator, saying he was “reviewing” the decision and “carefully assessing its impacts.”
The CRTC picked this fight six weeks before the most consequential trade negotiation in a generation. It tripled a levy that is already being challenged in Federal Court. It did so to protect an industry that has never been more profitable. And the Canadian government is now pretending it had nothing to do with it.
Because that’s the only lift the Liberals have left.
McGuinty announced the Snowbirds’ Tutor jets will be replaced by CT-157 Siskin II turboprops but gave no completion date, other than they’re “expected to be operational in the early 2030s.”
Given Canada’s history of military procurement fiascoes, we’ll believe it when we see it.
They have no intention of replacing them.
1⃣ Bucky Belanger introduces David McGuinty. Belanger is the MP who thought the Iran war was in Libya. He describes the Snowbirds being grounded as “very joyous & happy event.”
2⃣ McGuinty asked how long Snowbirds will be grounded. Twice. Reporter mentions 2030’s was in the press release. McGuinty provides no specifics. “Moving as quickly as we can.”
3⃣ How many Siskins (the replacement aircraft, a prop plane, not a jet) to be procured? “That remains to be determined.”
4⃣ Snowbirds will stay in Moose Jaw. Personnel re-assignment? Lt Gen Speiser-Blanchet – “We don’t have a list of specific activities at this time.”
5⃣ Final show is scheduled in the US. Will this change? “We are looking at that now.”
We need to tell you what happened with the National Afghanistan Monument groundbreaking on May 4th. And we are going to tell it straight.
When we were preparing for April 15th, Veterans Affairs Canada reached out to us. They had an outreach problem. We had dozens of Afghan veterans descending on Ottawa from across the country to present the petition. VAC asked us to help bring those veterans to the groundbreaking ceremony. We agreed. We were told it would happen between our press conference and luncheon on April 15th at 11 am.
Two days before April 15th VAC cancelled. We scrambled to tell the veterans we had invited that it was rescheduled. We were told May 4th. We were told Valour in the Presence of the Enemy would be invited. People personally assured us that email was coming. The week before May 4th we were told directly — “you will get that email, I made sure of it.”
That email never came. […]
And quietly, without explanation, we were removed from the list entirely. An organization led by the former Chief of the Defence Staff. A wounded veteran shot three times in Afghanistan. An original member of the advisory committee. Someone who chaired the Service Excellence Committee for over a decade. They did not want us there. They did not want questions about Jess. They did not want questions about the Victoria Cross. Look at the photos from that ceremony. Members of Parliament outnumber Afghan veterans five to one.
It does not feel like a lot of elbows are up more like a selfie. Not a lot of the people who actually fought that war.
“When I was born just north of the Alberta border in Fort Smith, the oil sands were just a concept.”
As the long weekend draws to a close, how did you all spend your Tamil Genocide Remembrance Day?
Adam Waterous is asked if he is pessimistic or optimistic on the Canadian oil industry with all the government announcements lately.
He summarizes it pretty well stating that if he were an investor, he would probably be looking at the USA instead of Canada. pic.twitter.com/NqLX0USlxx
— bu/ac (@buperac) May 17, 2026
Turns out, cheap talk has a price;
On Monday morning, the Pentagon’s senior defense strategist suspended the oldest bilateral defense institution in North American history and pointed the announcement at Mark Carney’s Davos speech — a four-month-old address the Canadian prime minister’s admirers had called Churchillian, and that Washington now treats as a case study in the gap between rhetoric and reality.
Elbridge Colby, Under Secretary of War for Policy and the principal architect of American defense strategy under the Trump administration, announced that the Department of War is pausing the Permanent Joint Board on Defense to “reassess how this forum benefits shared North American defense.” The board was established by Franklin Roosevelt and Mackenzie King at Ogdensburg, New York in 1940 and has operated continuously for 86 years.
“A strong Canada that prioritizes hard power over rhetoric benefits us all,” Colby wrote. “Unfortunately, Canada has failed to make credible progress on its defense commitments.” In a subsequent post, Colby attached a map of North America and wrote that “delivering on shared continental defense begins by recognizing our shared geography.” A third post revealed that Colby had recently hosted US Ambassador to Canada Pete Hoekstra at the Pentagon, and that the two are “working closely” to ensure Canada reaches the Hague Summit’s 3.5% of gross domestic product defense spending target.
The implications for Canada are potentially generational.
A real conservative would have pointed out the absurdity of essentially having to pay protection money to get a pipeline built. It’s a dead loss for every Canadian, not a victory.
At least, that’s how much Alberta taxpayers could be asked to pay in order to prop up Smith’s new memorandum of understanding (MOU) with Ottawa that, among other things, promises to ratchet up carbon taxes to $130 per tonne by 2040. Under Friday’s agreement, Alberta and the feds promised to spend up to $1.2 billion toward that end, splitting the cost equally between both parties.
The first thing a business run by sane people would do when faced with torrents of red ink would be to identify the sectors with the highest costs and highest losses and cut them loose. But when you’re Canada Post, for some reason you do exactly the opposite.
“For now, people who already receive their mail via rural mailboxes will see no change,” the statement said. “These addresses are not part of the initial announcement targeting the four million addresses that still receive home delivery and will eventually be converted to community mailboxes.”
Honda Canada released a statement on Thursday, citing evolving business conditions, a change in strategy and shifting customer demand, as the reasons for the indefinite suspension of the project. The company intends to refocus its efforts on hybrid models.
On Thursday, it was reported the company had recorded its first ever annual loss of $2.7 billion, due to heavy costs for its electric vehicle plants and U.S. President Donald Trump’s trade policies.
News of the carmaker pulling out of the EV project was first reported by the Japanese publication Nikkei Asia last week.
Canada’s auto industry, based largely in Ontario, could disappear by 2040 unless the country regains duty-free access to the U.S. market or finds other ways to keep the sector afloat, one of Canada’s biggest banks warns.
At an industry conference in Toronto focused on the auto sector’s future, RBC Thought Leadership managing director Jordan Brennan said industry leaders and governments must do what they can to avoid the worst-case scenario.
“It’s the scenario where Canada is being heavily tariffed, customs are unviable, and export economics are dead. What does that look like in practice? Governments have to subsidize the industry to the point where it becomes politically unpeaceful,” Brennan said.
Ownership without the right to sell an asset means that you aren’t actually the owner of that asset; you’re a serf.
There’s a case to indefinitely keep the Trans Mountain pipeline in government hands, possibly alongside Indigenous partners, say the leaders of its operator and financial overseer.
“It has incredible value,” said Wademan. “There’s absolutely a case to be a long term holder … I personally would love to see it owned by Canadians.”
The Mounties will not assure MPs a confidential partnership agreement with Chinese police signed by the Prime Minister excludes “transfer of personal information of Canadians or permanent residents,” records show. Pro-democracy activists cite Chinese police for atrocities including torture: “Police routinely arrest, detain and harass leaders and members of various ‘illegal’ religious groups.”
Indeed: In America, a mayor gets charged for acting as a Chinese spy for the CCP. In Canada, we get twelve panels, three experts, and a CBC segment about “Racism & Xenophobia” and the RCMP doing ongoing investigations until everyone forgets!
