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Pictures of the 'spaceport' in Nova Scotia have been circulating. A lot of people are making fun of the facility for being, how to put this delicately, a bit basic; others, who don't know what polar orbits are, are saying that the facility is too far from the equator to be useful. These are very stupid criticisms. That does not mean that there are not many causes for serious concern. The company that operates the 'spaceport', Maritime Launch Facilities, is receiving $200M from the Canadian government to lease the facility over the next ten years. MLS itself rents the land, which is crown land, from the provincial government for $13,500 per year. A cynical person might suggest that the government is paying $200 million for something that they could essentially do for free. MLS itself is staffed partly by Ukrainians who are up to their eyeballs in various corrupt scams. Everything they've been involved in has been a fiasco, and they've been taken to court by NASA. The CEO and CFO are being compensated with about a million dollars a year, total: 5% of the budget is being spent on two people. MLS does not build or launch rockets itself, and has no plans to do so. It is supposedly going to work on an airport model. In 2025 the company lost $47M, with revenue of less than $15,000. Where did that money go? It doesn't seem to have actually resulted in anything getting built. As it turns out the $47M loss is probably a one-time thing due to MLS acquiring another company, Spaceport Canada; but before this, MLS was burning $6M-$9M per year, apparently mostly on executive compensation, documentation for a Ukrainian rocket that never got built and which they'd already abadoned, and interest on investor debt. Okay, so where are the actual rockets coming from? There are three Canadian companies supposedly developing orbital launch capability: Nordspace, Reaction Dynamics, and the generic sounding Canada Rocket Company. Very little appears to be known about the latter. The first two look legitimate, they seem to have actually developed rockets at least. However, they are shockingly undercapitalized for launch companies. It looks like they've raised a few tens of millions of dollars between them, via private investment and a paltry $8M government grant. For context, Musk founded SpaceX with a $100M of PayPal money. Sums like that are table stakes, and Canadian launch companies are operating at an order of magnitude less. So Carney's government just threw its cronies $200M for an empty concrete pad on land the Canadian government already owns, while scattering spare change towards the companies actually building rockets that could use it. This, apparently, is Canada's 'sovereign launch capability' initiative, and it looks a whole hell of lot like just another grift by connected Liberal Party insiders and their ethnic crime partners to siphon off hundreds of millions from the Canadian public without actually producing anything. I hope I'm wrong about that. I hope I'm being too cynical. I would love nothing more than for Canada to have an actual space program. But it looks really bad. halifaxexaminer.ca/commentary/eve…
Imagine having a political leader seriously suggesting we abandon trade with the largest economy in the world--our closest neighbour, lowest-cost partner, and biggest customer. Canada sends ~75% of its exports to the U.S. For Alberta it's closer to ~85–90%. That’s not a minor relationship you can “pivot” away from overnight--it’s the backbone of our economy. You don’t strengthen a country by picking fights with your primary customer. You don’t create jobs by making it harder to sell what we produce. Albertans understand this. We rely on access to U.S. markets, and we have no interest in reckless strategies that gamble with our livelihoods. Strong countries don’t act out of impulse. They act in their economic self-interest. That’s what an independent Alberta will do. Vote yes on Oct. 19. #AlbertaIndependence
Oh yeah, Canada is super scary @MarkJCarney.
Mark Carney has signed 1 ACTUAL trade agreement in 1 year on the job. One. ...with Indonesia....which now recognizes Canadian halal certifications. He traveled 150,000 kms on the government jet and spent $550,000 on in-flight food for this deal.
CCP-Carney is prepping Canadians for the end of the greatest economic & security deal any nation has ever enjoyed. Carney's new "strategic partner" is Communist China, not America. He even inked a secret deal w/ the CCP's police state. Carney is showing who he is. Believe him.
The Prime Minister’s video is another illusion. He says he wants a permanent rupture with our biggest customer while he keeps 90% of his personal investments in the U.S. He has doubled the deficit, negotiated no new free trade deals with any other country, approved no pipelines, and given Canada the worst food inflation, the worst household debt, the worst housing costs, and the only shrinking economy in the G7. Fear is not a plan. We must reverse Liberal taxes, deficits, and anti-resource laws so we can be affordable, safe, and strong at home.
We share a 9000km border with the greatest military empire and richest country the world has ever seen. We have been peaceful allies with them for 200 years. We speak the same language and overall same cultures and religions. And this fucktard thinks this is a "weakness" ?!
🚨 FT scoop: Iran demands $1 per barrel of oil passing through Strait of Hormuz, wants to be paid in cryptocurrency
