ResiSmollett
8.8K posts

ResiSmollett
@TdotREguy
Canadian Real Estate Development

For the record. A Master Class in Incompetence: the Bank of Canada. High energy prices are deflationary: they squeeze real incomes, crush discretionary spending, and deter investment, so the ultimate macro effect is weaker growth and downward pressure on underlying inflation, not a permanent inflation spiral. Yet you should fully expect central bankers to ignore basic economic theory and, as they did with wages and tariffs, misread a negative supply shock in oil as the start of a permanent inflation regime rather than a growth shock with only temporary price effects. It is hard to describe that repeated error—treating every cost shock as a 1970s rerun, as anything other than total incompetence. The Bank of Canada just delivered a masterclass in that incompetence: leaving rates unchanged as Canada heads for a hard landing is not caution, it is negligence—tight policy into a weakening, energy‑squeezed economy is how you turn a slowdown into a policy‑induced recession, then blame “inflation expectations” after the fact.

@ShaziGoalie They’re scamming our country before they leave And there’s millions of them here in Canada




Ontario lawyers must now take a course, which teaches about land acknowledgments, or be suspended. By the end, lawyers will "describe whose land you live and work on". But lawyers already know that the land on which they "live and work" is that of the fee simple titleholder.















