Elbows-Up Economics

"Canada's economy dropped 18,000 jobs in April as unemployment rose to 6-month high.  April's loss follows an additional loss of 14,000 jobs in March"

Canada's economy dropped 18,000 jobs in April as unemployment rose to 6-month high | CBC News

Meanwhile, our neighbor's created 115,000 jobs in April. 

Who is the better leader?  Sadly, it is Trump and Canadians are too stubborn to admit it.  The U.S. is, and will be forever, our most important trading partner.  Yet we sponge off them for our protection and then cry when they ask for a more fair trading relationship outside of the products covered under CUSMA such as dairy. Other things like allowing the First Nations, who represent 5% of the population, have the final say on the prosperity of Canada while receiving billions from taxpayers also scares away investment. 

Carney's "New World Order" where the middle powers rely on themselves only is something straight out of a Hollywood script. It is fiction and always will be. There are only two countries that matter when it comes to trade. There is one that is communist and disregards human rights or one that believes in democracy and defends human rights. Which side the voter chooses says everything about the people being governed. I guess Canada favouring communism is Canada's new norm.  Going Chinese, refusing to meet with Trump, and  not addressing the First Nation issues is not in Canada's best interest and is borderline treasonous in my opinion.  But keep supporting the Liberals.  One day we will learn. 

I thought Carney was supposed to save the day?

• Consumer insolvencies in Canada have surged to 37,121 filings in Q1 2026, the highest since 2009. This represents an 8.5% increase compared to the same period last year.
• Despite the rise, insolvency rates remain lower than 2009 once population growth is factored in.
• Rising living costs—including food, gas, and broader inflationary pressures—are pushing more Canadians toward financial distress.
• Insolvency trustee Doug Hoyes reports a significant uptick in calls from people struggling to keep up. Hoyes notes that expenses are rising faster than incomes, leading many to rely on debt to bridge the gap.

Americans are in no better standing. The only difference is that our neighbors are not facing a historical housing correction.  Avoid the stock markets on both sides of the border. 

Are Canadians reaching their 'breaking point'? New data shows more people filing for insolvency

Insolvency Statistics in Canada—First quarter of 2026

Carney's Cash

Elbow's up!  Carney feels it is important to blow our tax dollars on wokenesse outside our borders rather than worry about those suffering within.  

"Additional collaborations will explore gendered dimensions of climate change impacts and adaptation in Japan, the Philippines, Fiji, and Vanuatu. The initiative builds on existing institutional agreements and seeks to establish dual-degree and co-tutelle programs, while fostering interdisciplinary research on topics such as forest fire mitigation, biodiversity, sustainable food systems, and gender roles in disaster resilience."

 According to the Liberals Canadians should be concerned about inclusive housing in the Pacific.

"The anticipated impact is that women, including Indigenous women, in Canada and the Pacific have an increased understanding of climate-resilient housing practices to better secure and support their homes..."

 Do some digging and see how your tax dollars are wasted at Grants and Contributions.

Irrational Exuberance anyone?

The Case Shiller Index is 5% away from its record high created by the Tech-bubble. Investors watch out!  It is a matter of when, not if, the market corrects.  

 Shiller PE Ratio - Multpl

Carney's Cash

Canada commits $270M to Ukraine: “The money will go toward buying items from a NATO list, and brings Canada's total monetary support for Ukraine to $25.8 billion.”

Do Liberal voters seriously believe Carney Marx cares about Canada? He doesn’t.  His priorities are himself first. Brookfield second. Then Europe. Then Wall Street. Then the World Economic Forum. And then his only love of Canada,  hockey.  

Is Carney donating our tax dollars to the Ukraine military to protect Brookfield assets in Ukraine? It isn't conspiratory to suggest he his. Westinghouse is an energy company owned by Brookfield. "Westinghouse and Energoatom have signed agreements to produce nuclear fuel domestically in Ukraine and to deploy AP1000 reactors, strengthening Ukraine’s energy independence."

The Liberals have donated over $25 billion to Ukraine over the past four years (Carney consulted Trudeau between 2021 and becoming Prime Minister) while our  standard of living deteriorated. 

Westinghouse and Energoatom Reinforce Ukraine’s Energy Independence with Partnership for Fuel Assembly Capability

Canada commits $270M to Ukraine as Carney addresses European summit in Armenia