Canada devalues its dollar against the US, I believe by excluding shelter inflation from the CPI by only including home replacement values and not including land value in any way. We devalue it far less than China does though.
The US is attempting to bring it back via tariffs, which does work as per our Telecoms and Banks.
The US has had actual per capita GDP growth, while Canada only has mass immigration into a housing shortage with per capita GDP growth below inflation, so it makes sense. Wages actually grow in the US, and there isnt capital shallowing, so they can afford more services.
The government can just raise taxes instead of printing 40% additional money supply, to avoid these price spikes where we are then trying to attribute blame.
In the 70s they blamed unions for asking for higher wages when they debased the currency by moving to USD and then off the gold standard, its always externalized by the government to avoid blame. Here's a newspaper from the time of the union complaining about wage controls.
I also find it funny Tiff Macklem egging people on telling people to go and borrow, which is unheard of talk from a central bank, and then we miraculously had greedflation.
This transition to provincial services led to a 1951 Indian Act] amendment that enabled the Province to provide services to Aboriginal people where none existed federally. Child protection was one of these areas. In 1951, twenty-nine Aboriginal children were in provincial care in British Columbia; by 1964, that number was 1,466. Aboriginal children, who had comprised only 1 percent of all children in care, came to make up just over 34 percent.[22]
Wow wild, seems they did it under the guise of protective services, as if those people lived in substandard conditions. It also looks like the residential schools had the same premise, where there were no schools in remote areas and every child HAD to go to a white mans school and learn English literacy. Pretty crazy to dress it up as child welfare.
Canada just announced its increasing immigration for the elderly as well, from India and Pakistan. This party will do the same as its done the last decade, capital swallowing while overburdening our infrastructure and services.
Totem is still a GTK3 app and is unmaintained (in part due to a crusty codebase), seeing no major development in years. Replacing it with a modern GTK4/libadwaita app designed to use modern technologies and meet modern needs has been a “high priority” for GNOME.
China makes a hybrid for 14k. I'm guessing we will have those retaliatory tariffs from China in perpetuity to protect this, and protect ourselves from lower prices.
I still think DOGE is just feeding all that information to Palantir, and everything else is a pretext to that goal. They want an AI embedded directly into the government, making a large dependency on it, and bypassing checks and balances quickly has allowed that to happen.
“Here’s how the play is likely to unfold in the weeks and months ahead: Carney will be elected Prime Minister on April 28 by a comfortable margin; [Alberta Premier Danielle] Smith will trigger a constitutional crisis, providing cover for Carney to strike a grand bargain that finally resolves longstanding tensions between the provinces and Ottawa; and large infrastructure permitting reform will fall into place. Protests against these developments will be surprisingly muted, and those who do take to the streets will be largely ignored by the media. The entire effort will be wrapped in a thicket of patriotism, with Trump portrayed as a threat even greater than climate change itself. References to carbon emissions will slowly fade…
In parallel, we expect Trump and Carney to swiftly strike a favorable deal on tariffs, padding the latter’s bona fides just as his political capital will be most needed.”
Heres one theory. A separation crisis allows us to displace Russian oil globally and drop energy prices, which is why Trump gave manufacturing a 250% greater tariff than oil and gas, which caused other provinces to vote for Carney en mass since they thought Pierre would side with Alberta and not do reciprocal tariffs to protect manufacturing.
Alberta takes a large hit on its energy exports to the US since it is land locked. Opening up LNG from BC and Alberta to the coast allows it to derive revenue on the global market, which should help when oil prices fall globally due to Trumps actions. The Canadian dollar tracks crude oil prices, so if we dont open up alternative export markets we will be taking a series of hefty haircut, as the US also devalues their dollar to increase domestic production.
Canada devalues its dollar against the US, I believe by excluding shelter inflation from the CPI by only including home replacement values and not including land value in any way. We devalue it far less than China does though.
The US is attempting to bring it back via tariffs, which does work as per our Telecoms and Banks.