Canadian households are more indebted than they think. A new report from Quebec-based Desjardins’ shows households recently accumulated a world class amount of debt. In fact, households borrowed so much that they’re now the third most indebted across the world. Even more surprising is the fact this debt is mostly held by just a small share of households.
The reason Prime Minister Justin Trudeau is refusing to say whether he’ll meet with his own caucus of MPs to discuss Liberal political fortunes is that he doesn’t have anything new to say to them.
He’s repeatedly said, at least publicly, that he intends to lead the Liberals into the next election.
That means he’s preemptively rejected a change of leadership — his leadership — as a way for the Liberals to become more competitive with Pierre Poilievre and the Conservatives.
As Prime Minister Justin Trudeau continues to say he means to stay on as Liberal leader after last week’s surprise Conservative win in the Toronto-St. Paul’s byelection, one Liberal MP is telling CBC News some caucus members are thinking about calling it quits if he stays.
The Liberal MP — who spoke to CBC News on the condition of anonymity in order to speak frankly about caucus dynamics — said a number of Liberal MPs are considering not running again if Trudeau remains leader.
The MP said some caucus colleagues believe Trudeau is too unpopular with Canadians and his continued leadership would result in a major loss for the party in the next federal election, expected in 2025.
OTTAWA – A majority of Canadians think Prime Minister Justin Trudeau will stay on to lead his party in the next election even as his approval ratings are still extremely low, a new poll suggests.
Questions about Trudeau’s future have swirled for more than a year as his Liberal party trails the Conservatives by a substantial margin. Those questions intensified in the last week after the Liberals lost a stronghold to the Conservatives in a byelection in Toronto on June 24.
… The poll suggests widespread dissatisfaction with Trudeau, with only one in four people surveyed approving of the job Trudeau is doing as prime minister, compared to nearly two in three who said they disapprove of his performance.
During last year’s Liberal National Convention, Justin Trudeau delivered the keynote speech. He was animated and worked the podium to dispel rumors that he was no longer up for the job. He stared into the camera and spoke directly to his political opponent Poilievre: “They either say investing in Canadians is a waste of money, or that our policies are too woke. Too woke, he said, Hey Pierre Poilievre, it’s time for you to wake up.”
The Trudeau Liberals have done some deep thinking about why they lost the Toronto-St. Paul’s byelection and have decided it was Leslie Church’s fault. Forget the fact that the Liberals have been trailing badly in the polls for the last year, forget that the prime minister is unpopular, let’s blame the local candidate.
Canada has reached record levels of immigration in recent years — but as housing costs continue to soar, many are finding their Canadian dream has turned into a nightmare.
According to the latest poll from the Angus Reid Institute, about two-in-five recent immigrants say they’re seriously considering leaving their province of residence due to housing unaffordability.
All regions suffer to a degree but Toronto is dying. Killed by Trudeau’s mass immigration scam.
Prime Minister Justin Trudeau says he’s talking to Liberal MPs individually following the party’s recent by-election defeat, declining to commit to an in-person national caucus meeting.
Mr. Trudeau made the comments during a news conference in his Montreal riding of Papineau. It was his first news conference since last Monday’s Toronto-St. Paul’s by-election, which saw the Liberals lose the riding to the Conservatives for the first time in decades.
Moving half a world away from her family in India, 22-year-old Radhika Raina found comfort in Brampton, where she had a cousin.
The city is a 90-minute commute to her classes in Toronto but has the cultural amenities she needed in a foreign land.
“Brampton felt like a home to me,” said Raina, who came in August for a two-year postgraduate program in addictions and mental health. The program is offered jointly by London, Ont.-based Fanshawe College and a private school.
I’m sorry but Canadians should not have to pay for what amounts to a criminal act committed by the Trudeau Government.
Newfoundland Liberal MP Ken McDonald says he thinks it would take “somewhat of a miracle” to turn the Liberals’ electoral fortunes around before the next federal election.
Speaking with CBC’s Power & Politics, McDonald said Prime Minister Justin Trudeau still enjoys a high amount of support within the Liberal caucus after the party’s surprising byelection loss in a Toronto-area riding.
“I think there’s a lot of caucus members who are nervous,” McDonald said. “Do I think a large number still stand with the prime minister? Yes I do.”
According to a recent Statistics Canada report, Canada’s population has just hit the level it was previously expected to reach in 2028. That startling finding underscores the extraordinary growth of the country’s population since the pandemic, driven by record inflows of both permanent and “temporary” immigrants.
A rapidly expanding population can bring some benefits, notably by stimulating overall economic activity and providing additional workers. But it’s not an alloyed good. The number of Canadian residents is increasing faster than economic output (gross domestic product), which has translated into an unprecedented series of declines in per-person GDP over the last several quarters. Productivity is stagnant, as newcomers struggle to find their way in the economy and job market. In addition, a significant share of new immigrants don’t seek or obtain employment, dampening immigration’s contribution to the growth of economic output.
Documents show more than $600 million in Canadian Pension Plan (CPP) funds are in China’s electric vehicle sector — which was accused by cabinet of unfair trade practices.
The Canada Pension Plan Investment Board disclosed it held $604 million in shares in the Chinese electric vehicle sector, per Blacklock’s Reporter. No reason was given.
Justin Trudeau announced on Monday that he’s headed for Washington next week. What will he and President Joe Biden be talking about, behind the scenes at the NATO summit?
Endurance might be one topic. It’s been a bad week for Trudeau and Biden — arguably their worst weeks — with increasingly open questions of whether either leader should be hanging on.
Ottawa is considering buying hotels to house the growing number of asylum seekers and to cut the cost of block-booking hotel rooms to accommodate them, Immigration Minister Marc Miller says.
The federal government has in the last few years taken out long leases on hotels to help provinces house thousands of refugee claimants. This year, Ottawa has been footing the bill for approximately 4,000 hotel rooms for 7,300 asylum seekers, many of whom have transferred from provincial shelters and churches, according to Immigration, Refugees and Citizenship Canada.
That’s a great idea.
Create a hotel room shortage that kills off tourism and business travel with jacked up rates while providing fake refugees shelter at the expense of our own homeless.
This is a period of Liberal reflection, we are now told by Justin Trudeau himself. That is naturally needed to digest his party’s gut-punch by-election loss in Toronto-St. Paul’s.
And there’s another thing he didn’t mention: The drumbeat of Liberals calling for the Prime Minister to go.
