If It Hasn't Already, One Day Canada Will Run Out of Buyers For Its Debt at This Rate...

Ever wanted to fire the individual that looks after your financial future? Well now you can, it's called voting in the next election. 

"Prime Minister Justin Trudeau’s fiscal road map could reduce Canada’s future spending capacity by leaving debt at elevated levels for decades, according to the nation’s budget watchdog.

In a report published Wednesday, the Parliamentary Budget Officer warned that the government’s plan would see Canada’s ratio of debt-to-gross domestic product remain higher that it was before the pandemic through 2055.

“This suggests that the government has decided to effectively stabilize the federal debt ratio at a higher level, potentially exhausting its fiscal room over the medium- and long-term,” the PBO said. That will require governments in the future to consider tax increases or spending reductions to pay for new programs, it said."

If it hasn't already, one day Canada will run out of buyers for its debt at this rate...

"Prime Minister Justin Trudeau’s fiscal road map could reduce Canada’s future spending capacity by leaving debt at elevated levels for decades, according to the nation’s budget watchdog.

In a report published Wednesday, the Parliamentary Budget Officer warned that the government’s plan would see Canada’s ratio of debt-to-gross domestic product remain higher that it was before the pandemic through 2055.

“This suggests that the government has decided to effectively stabilize the federal debt ratio at a higher level, potentially exhausting its fiscal room over the medium- and long-term,” the PBO said. That will require governments in the future to consider tax increases or spending reductions to pay for new programs, it said."

Toronto's Housing Market Plateau, Nay a Demise, is Nigh

 http://www.bnnbloomberg.ca/toronto-housing-market-stalls-in-april-as-prices-slip-from-record-high-1.1599198

Line 5: To the Good People of Sarnìa, Rember This Come Election Time This Sùmmer

Good ol' Rex and his cheeky way of expose.

"For has it not been written in The Book of Greta: “Out of the hydrocarbons of Fort McMurray will come a great darkness, and out of the oil of Alberta alone, issues all pestilence and dread, and a great threat to the hummingbirds?

...For what have we to look at? We have two leaders, Greener than shamrocks, Prime Minister Justin Trudeau and Gov. Whitmer, who see themselves plucked by the goddess of destiny herself, as human ambulances rushing to save the Earth from global warming. Who colour their dreams with visions of every oil and gas project in the world evaporating, and a flood of solar panels and a wilderness of windmills covering the planet."

https://nationalpost.com/opinion/rex-murphy-hows-trudeau-going-to-get-out-of-this-line-5-pickle

Vance Affair: Teflon Trudeau and Now Teflon Telford

 https://nationalpost.com/news/politics/mps-vote-against-tories-call-to-fire-trudeaus-chief-of-staff-over-vance-complaint

Real Estate Agents: When The Market Cools off "It Makes Sense" and Other Nonsensical Things They Preach

Real Estate agents have done well going back 20 years of this real estate boom. Not just from low interest rates. For years organizations like TRREB and CREB have preached and demonstrated various data points in seeming credible sources of governing bodies. However, they cannot predict anything as much as you or I. Even the head of CMHC admitted after years of detailed press release sthatbwere awaited by many news journalists to fill in their assignments for that day that they were not meant to be he crystal ball of the industry after a monumental bad outlook. 

After years of preaching the fear of "get in the market before the market leaves you behind", now prices are at a plateau and to a Real Estate agent the answer is "ot makes sense". Always a positive answer for no matter what situation. 

Supply: agents keep quoting "lack of supply" as the excuse for high prices. Everyone calls for it but it is not easy to roll out 50,000 homes that would put the market in balance or in a more affordable range. And with agents' commissions based on price, AGENTS WANT HIGH HOUSING PRICES, AGENTS DO NOT WANT EXTRA SUPPLY.

http://www.bnnbloomberg.ca/toronto-housing-market-stalls-in-april-as-prices-slip-from-record-high-1.1599198

After Tens of Thousands Enter Illegally Across Canada's Land Borders and Just Beginning to Turn a Small Fraction Away, Now thr Refugee Lawyer Calvary Comes Suing

https://nationalpost.com/news/canada/canada-taken-to-court-over-covid-policy-that-pushes-asylum-seekers-to-u-s-2

Bill C-10: The Arrogance Continues With The Liberals, At Least They Are Transparent About It (But Not to All)

 "...Only a PM and a bunch that carry the delusion they are all-wise and ever-right, that they alone and only they, should have rule and command over the thoughts and opinions of a whole nation, could have conceived Bill C-10. Could have put their lawyers to work composing it, then waltzed into Parliament to put it on the Order paper in the first place...."

https://nationalpost.com/opinion/rex-murphy-liberals-dangerous-arrogance-didnt-begin-and-wont-end-with-internet-regulation-bill