marmico
175 posts
NEW: More than 37,000 Canadians filed for insolvency proposals in first 3 months of 2026, highest since 2009
"Canada has never been more affordable" -Mark J. Carney
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@Tablesalt13 I want the next 10 years to be Chrétien like not Harper like.
fraserinstitute.org/sites/default/…
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Lets see this from their point of view:
All they've ever known is the Trudeau years.
They missed the glorious Harper years.
They are headed into a blackhole of a job marker with almost no chance of homeownership and record high teen unemployment.
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18 year old Canadians openly discussing
how they will be better off when their grandparents die.
Its getting ugly out there.
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@MPelletierCIO Canada's 2025 real GDP per capita is 1.9%, composed of 1.7% GDP + 0.20% population decline. Prove me wrong.
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@sarobertsonca PP needs to adjust for currency. CAD$ in 2014 was $1.10 but $1.38 in 2026 so the price of gasoline should be about 25% higher today, ceteris paribus.
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POILIEVRE: "Oil is high. It's about $100 a barrel. You know when it was last $100 a barrel? In 2014. And you know what the gas price was then? A buck thirty-eight. Forty-five cents cheaper. Even though the world oil price was exactly what it is today."
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@Bratt_world Canada shares a land border with Greenland (Denmark) on Hans Island.
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I find it super weird the Americans don’t want anything Canada sells, but get upset we sell stuff to Asia and Europe.
Laura Ingraham@IngrahamAngle
Apparently Canada intends to become a province of Europe.
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@RichardDias_CFA BS. The feds 2% deficit to GDP & 41% net debt to GDP ratios are fiscally sustainable.
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One, Governments in Canada have dispensed with any pretence of fiscal responsibility. Canada's Federal Govt. Deficits have doubled, and provinces' deficits have exploded too. There is more debt, hence more interest to pay.
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Canadians are sleeping on soaring Debt Service Costs. Both at the Federal and Provincial levels, Interest Payments on Debt are rising and will likely soar past any 'target'. This is happening for several reasons...
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@Tablesalt13 Subtracting $0.90 trillion CPP/QPP assets from the national debt is no more bogus than subtracting $2.6 trillion US Social Security from its debt. It makes Canada an even cleaner dirty shirt. Coyne is wrong.
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‼️JUST IN - Liberal pundits ARE TURNING on Carney and the Liberals
"we're facing a decades long growth crisis" ...."they seem entirely unconcerned with this"
"subtracting the Canada Pension Plan to calculate our national debt is totally bogus!"
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@cosminDZS @AndrewLawton Qualified (18 months continuous residence + valid permit) TFWs and international students receive $1.1 billion or 4% of the $26 billion annual CCB benefits. Too much or too little?
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Data comes from a response by the Canada Revenue Agency to a Written Question in the House of Commons by Conservative MP @AndrewLawton
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EXCLUSIVE: $1.1 BILLION in Canada Child Benefit payments went to foreign workers and international students JUST LAST YEAR
Total since 2021 is $3 BILLION as annual payouts have tripled. Number of recipients is growing with no end in sight
Read here: junonews.com/p/exclusive-1b…
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@Francis_Drouin AI slop from the Food Dude. The Dal Dude is clueless about Mexico agrifood exports to the US. In Trump world Mexico is ripping off the US more than Canada because it has a higher agrifood trade surplus.
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The largest potash company, the CEO of a large Ag co-op which operates in Canada and the US, the CEO of an Ag trade group, the CEO of Canadian Chamber of Commerce who has a deep understanding of Ag issues. I think they truly understand agriculture.
The Food Professor@FoodProfessor
The PM just named a 24-member advisory committee on Canada–U.S. economic relations. But how many truly understand agri-food—our most integrated cross-border sector? Essentially none. Agri-food represents nearly 8% of our economy.
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@Tablesalt13 There are 3 general government debt to GDP measures. Gross debt, net debt and net debt including social security. Of the G7, Canada ranks 3rd, 1st and 1st, respectively.
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@andrew_leach In nominal terms, 84% increase in 10 years ending 2015, 95% increase in 9 years ending 2024.
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@marmico2 The curve I am interested in is the inbound FDI one.
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Anyone else surprised at the relative slopes in the FDI graphs between 2005-2015 vs 2015-2025.
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@MPelletierCIO Mark Carney is no Liz Truss. The gilt market broke in 2022 long after Carney stepped down as governor of BoE
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The irony is that Mark Carney, the great saviour that the media is claiming he is, a former central bank governor for the UK and Canada, will have overseen the destruction of both country's bond markets.
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@Tablesalt13 The 2026 vehicle cap in Canada is $39K ($61K ZEV). You are a Maple Maga moron.
canada.ca/en/department-…
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Canada is similar, but not exactly the same. There are vehicle value caps etc.
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@CdnElectWatch @acoyne So? The numerator increased from 1.216M to 1.435M, or 18%.
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I’d take it up with Prof William Watson, the author of the piece, or the TD Bank economist who wrote the study on which he draws. People whose response to data that conflicts with their priors is “fake news” have a poor reputation as statistical interpreters.
Ben Rabidoux@BenRabidoux
@acoyne I would delete this. You’re a stats guy. You recognize fake news.
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@BenRabidoux @acoyne The data comes from the 2023 Survey of Financial Security. Go to Table 2. It is not fake news.
www150.statcan.gc.ca/n1/daily-quoti…
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William Watson: Some surprising numbers on wealth and home ownership
"Despite what you've heard, the wealth gap is narrowing, while people under 35 are more likely to own a home than at any time this century"
financialpost.com/opinion/some-s…
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@BenRabidoux The bulk of the deterioration happened under Harper- from 220% to 300% debt to GDP.
data.bis.org/topics/TOTAL_C…
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Canada's total non-financial sector debt (all govt + business + household) hit 314% of GDP in 2025....near the top of the heap globally.
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@Glen_Evans_01 Not much difference in CPI for groceries between Canada and the US over the last 6 years to explain a policy error.
economics.td.com/ca-grocery-pri…
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This is a stunning indictment of current policy. A 10% delta in just 5 years isn't a vibe - it's a policy failure.
The Food Professor@FoodProfessor
Feel poorer at the grocery store? Here’s exactly why. Since 2020: Food prices ↑ ~30% Wages ↑ ~20% That shaded gap? That’s lost purchasing power. Canadians aren’t imagining it.
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@gator_gum Carney's Brookfield (BAM is the ticker symbol) options are worth less today than the day he became PM.
ca.finance.yahoo.com/quote/BAM.TO/
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I love that Maple MAGA will flat out ignore stuff like this and lose their shit when Trudeau buys a house for $4M.
NEWSMAX@NEWSMAX
TRUMP'S NET WORTH CLIMBS: President Donald Trump's estimated net worth has risen to about $6.5 billion, according to the latest estimate from Forbes, an increase of roughly $1.4 billion over the past year.
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@FoodProfessor Show your model. 100% pass through of the "industrial" carbon tax increase is a 2 digit rounding error relative to $170 billion spent on food & non-alcoholic beverages.
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A 25% spike in diesel prices (Iran conflict scenario), with the April 1 industrial carbon increase?
Right now, our models suggest:
➡ Likely adds ~0.4 to 0.7 percentage points to food inflation nationally.
➡ More for fresh produce & meat.
➡ Less for dairy and highly processed foods.
But structurally, they’re secondary drivers of food inflation compared to FX, labour, and global commodities (Like Ukraine).
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