Bank of Canada research shows that the federal Liberals’ decision to allow one million foreign students into the country had a “significant” impact in some employment sectors and cost Canadians job and wages.
The latest study confirmed a 2022 employment department report that foreign labour led to Canadian workers being replaced, per Blacklock’s Reporter.
Politics is not a zero-sum game where one person’s win is automatically another’s loss. An economy is not a conserved system, so, in theory, it is possible that a government could reduce taxes, increase spending and balance budgets (if, for example, revenues rise).
But it is a theory that is as rare in real life as white peacocks.
The federal government will take “immediate and decisive action” to rebuild Canada’s military, Defence Minister David McGuinty told an audience of military contractors at a trade show in Ottawa Wednesday morning.
He described the government’s sense of urgency by citing the speed at which Canada built up its navy at the start of the Second World War. McGuinty also warned that countries around the world are adjusting quickly to a changing global threat environment.
Canada is no longer the world-leading developed country it once was.
We still talk like one, and identify as one. But when you look at how long it takes to build a subway, what it costs to add a housing unit, or how little economic progress we’ve made per person over the last decade, the truth is obvious: we are in decline. The systems that once delivered rising prosperity no longer function in practice—they now produce delay, contradiction, and paralysis.
Canadians deserve an immigration system that serves the national interest. This is exactly what we once had when most Canadians agreed with the economic and cultural arguments in favour of immigration.
For a long time, Canada avoided the sort of backlash seen in many places abroad. But the economic argument for immigration has collapsed during a time of stagnant wages, housing shortages and high youth unemployment. Likewise, cultural arguments about diversity and multiculturalism have given way to doubts about our ability to integrate newcomers.
Just two days after the Liberals won the federal election, executives from companies linked to the new prime minister’s former employer, Brookfield Asset Management, began asking for his help.
On April 30, two oil and gas companies owned by Brookfield joined 36 others in signing an open letter to Prime Minister Mark Carney. The group urged him to speed up resource development by easing regulations and fast-tracking approvals.
For Brandon Anderson, the CEO of the Brookfield-controlled natural gas company NorthRiver Midstream Inc., it was a first, according to federal records. In more than 14 years of overseeing and contributing to lobbying efforts, he had never before contacted a prime minister directly.
With Parliament now back in business, pundits and politicos are focused on this session’s agenda. What will the government do about Trump and tariffs? How will Mark Carney perform in Question Period? When will Pierre Poilievre return to Parliament? And how will the NDP survive without party status?
But not much will happen on the Hill in the next few weeks: the PM will be busy hosting the G7 at Kananaskis, and the House will rise in late June. No, the real intrigue lies just over the horizon in the fall. The big question: can the Liberal minority morph into a majority by then, to secure four years of power and avoid tangling with the opposition?
Canada increasingly dependent on low-wage migrant workers, says report
The share of native-born Canadians in the labour force has dropped nearly 10 percentage points since 2006, according to a new Bank of Canada report documenting how the country’s economy is becoming increasingly reliant on low-wage migrant workers.
What they’ve done is criminal.
A juxtaposition of what Niagara USED to look like…. pic.twitter.com/x4YzHhkZaa
— LΞIGH (@LeighStewy) May 27, 2025
Prime Minister Mark Carney signalled he hopes Canada will be able to sign on to a major European defence rearmament plan by July 1, a step toward reducing the country’s dependency on the United States for weapons and munitions.
He made the remarks on CBC’s Power & Politics following the speech from the throne, which committed his government to joining ReArm Europe.
The speech did not set out a timeline, but Carney said he wants to move aggressively.
So which Carney adjacent entities will be benefiting financially from this diversification policy?
Meanwhile … Trump is trolling
Donald Trump says Golden Dome would cost Canada $61 billion US
U.S. President Donald Trump has put a price tag on Canada joining his proposed Golden Dome missile defence system — and renewed his annexation threat in the process.
Trump posted on his Truth Social platform on Tuesday that it will cost Canada $61 billion US to join the Golden Dome “if they remain a separate, but unequal, Nation,” but will cost nothing “if they become our cherished 51st State.”
Gerald Butts and David Lametti hold no official roles in the Liberal government, but Prime Minister Mark Carney informally seeks their advice on key political matters, say Liberal sources.
The federal Liberals owe their surprising comeback to Mark Carney who officially entered in the political arena just five months ago. A former central banker who led both the Bank of Canada and the Bank of England, Carney emerged as a compelling figure during the Liberal leadership campaign, particularly amid rising tensions from the trade war with the United States. Many Canadians believed Carney’s financial background uniquely positioned him to handle the sensitive and complex trade issues and U.S. President Donald Trump’s threats to annex Canada. Given that Canada and the U.S. exchange $1-trillion in goods and services every year, and more than a million jobs depend on this relationship, the stakes are high.
Politics famously make for strange bedfellows. But what’s with the federal government and the temporary foreign worker program? How are these committed progressives working hand-in-glove with big business to exploit foreigners? And why aren’t we upset?
Arguably I don’t get out much. But lately when I do travel, short distances or long, I notice that nearly everyone I deal with in hotels, restaurants, etc., and half at the supermarket checkout, are here as slave labour. How’s that woke? Or tolerable?
Contrary to what many in the West believe, some countries dislike democracy, preferring the strongman, the firm ruler, the dictator.
So it is with the Liberals who have shunned accountability and democracy in favour of the autocratic leader.
Canada’s youth are staring down the worst summer jobs market in two decades; the latest sign of a Canadian economy whose shortcomings are disproportionately hammering the young.
According to new data published by the job site Indeed, summer job listings are down 22 per cent as compared to this time last year.
The greatest threat to the Canadian auto industry, the roughly half-million jobs it supports, the $38-billion in exports it generates annually, and the billions in foreign direct investment it accounts for, is not U.S. President Donald Trump. His threat of automotive tariffs is expected to disappear when Canadian-U.S. trade negotiations conclude.
The existential threat to Canada’s auto industry is our electric-vehicle mandate that mimics California’s.
OTTAWA — Despite having complained about the lack of a formal process to eject prime minister Justin Trudeau mere months ago, Liberal MPs voted against the rules that would let them do exactly that with their current leader.
Prime Minister Mark Carney met with his caucus on Sunday afternoon for the first time since the election that brought the Liberal party just a few seats short of a majority.
Trudeau II
