Robert MacLeod

Those Who Can Leave Canada Are Leaving.—The Rest Will Pay the Price. The Bank of Canada Just Confirmed It Canada finally found a way to boost exports. It’s exporting its best people. A Bank of Canada study shows 40% of Canadians capable of reaching top 1% U.S. earnings have already left for the United States. Another 30–50% of the next tier? Also gone. Not the struggling. Not the average. The youngest, most educated, highest-earning Canadians many in their prime working years are leaving. And the economy is noticing. GDP per capita has barely grown in a decade while the U.S. surged ahead. Canada has now fallen below the OECD average for the first time on record. But don’t worry government is growing. Spending has climbed from 38% to 45% of the economy. Programs expand. Costs rise. Results… pending. It’s a simple model. Lose your highest producers. Keep your highest costs. And then act surprised when growth disappears. “We need to attract talent,” policymakers say. We already did. They just left. And those who stay? They’ll likely spend the next decade working harder for less paying more into a system that keeps growing, and delivering less back. Because when the people who drive growth leave, what’s left isn’t just slower. It’s poorer.

Dumbest headline I've seen in recent years. This goes to show how fucked up the country's finances really are. The Liberals are changing their narrative, and oil is good, once again. "Canada may have the ability to substantially raise its GDP and add thousands of new jobs by building more oil pipeline infrastructure, a new study suggests." Really? We've only been saying that for 30 years. Now they want to listen.

According to the Wall Street Journal, citing multiple U.S. officials, Iran has targeted the joint U.S.-UK base at Diego Garcia in the Indian Ocean with two intermediate-range ballistic missiles (IRBM). According to the report, one missile failed in flight whilst the other was engaged by a U.S. destroyer utilizing an SM-3 interceptor, but a successful interception was not confirmed. None of the missiles hit the base. This is notable as Iranian long-range precision fires have not previously been publicly assessed as having the range to hit such a target as Diego Garcia, as the base is some 4,000 kilometers from Iran proper.

According to the Wall Street Journal, citing multiple U.S. officials, Iran has targeted the joint U.S.-UK base at Diego Garcia in the Indian Ocean with two intermediate-range ballistic missiles (IRBM). According to the report, one missile failed in flight whilst the other was engaged by a U.S. destroyer utilizing an SM-3 interceptor, but a successful interception was not confirmed. None of the missiles hit the base. This is notable as Iranian long-range precision fires have not previously been publicly assessed as having the range to hit such a target as Diego Garcia, as the base is some 4,000 kilometers from Iran proper.