Canada’s rapid population growth is putting pressure on inflation and further interest rate hikes are a distinct possibility despite predictions saying otherwise, according to a Scotiabank economist.
Derek Holt, vice-president and head of capital markets economics at Scotiabank, remarked in a Dec. 19 note evaluating the latest inflation data that “Canada’s torrid rate of population growth is adding to inflationary pressures.”
Alberta Premier Danielle Smith made it crystal clear that she intends to fight with “everything” at her disposal what she called an “unconstitutional” new federal government mandate that all new cars and trucks by 2035 be electric, which would in effect ban the sale of new gasoline- or diesel- only powered vehicles after that year.
Trust the Trudeau government to pick the wrong solution to the wrong problem.
Most headlines about Tuesday’s announcement regarding electric vehicle (EV) sales in Canada had pretty much the same theme: Environment Minister Steven Guilbeault announced that 20% of all new vehicles sold in Canada “must be” EVs by 2026.
Justin Trudeau is worried Canada is vulnerable to the spread of the far right in the United States, and says no one should be smugly assuming that this country is immune to its influence.
In a candid and personal interview with his old friend Terry DiMonte, Trudeau talked at length about the angry climate in Canada and the U.S., and what he sees as near “nihilism” infecting political discourse.
“There is something that is changing right now,” Trudeau said. “Donald Trump was a symptom of that, not a cause … There is a level of anger and ‘burn down the institutions’ and almost nihilism that’s creeping in, in all of our countries.”
‘Do you think I could walk away?’ Justin Trudeau laughs off suggestions he’ll take a ‘walk in the snow’
OTTAWA – Prime Minister Justin Trudeau dismissed suggestions that he would be stepping down as Liberal leader anytime soon, as his father Pierre Elliott Trudeau did nearly 40 years ago during his now famous “walk in the snow.”
The subject came up during his hour-long annual holiday chat with his friend, former radio host Terry DiMonte — a tradition that Trudeau has held long before he entered politics and that DiMonte noted is “not a hard-hitting journalist interview” but rather a friendly discussion.
In a private briefing in May 2020, Senator Yuen Pau Woo promised to shield members of Beijing’s “United Front” from critical scrutiny in Canada for taking pro-China stances on controversial issues such as the treatment of Uyghurs.
Woo’s pledges of support for United Front organizations are captured in recordings of his meeting with Canada Committee 100 Society, a Vancouver group with ties to the Chinese People’s Political Consultative Conference (CPPCC).
Special Investigation- please devote some reading time, this is consequential to Canada’s future and contains new intelligence and primary source evidence relevant to FIC https://t.co/v5dXAxw6fW pic.twitter.com/4KYcofe8wO
— Sam Cooper (@scoopercooper) December 20, 2023
To meet Canada’s commitment to its Paris Agreement climate goals, the federal government has announced increasingly heavy-handed emissions reduction policies this year. It culminated Monday in the publication of regulated targets for electric-vehicle sales: an EV mandate.
History has shown us time and again that government quotas are no match for the market. The Liberals want to show us one more time why this is the case.
DOCUMENTS: @EnvironmentCa data show @S_Guilbeault claim that gasoline car ban "will help Canadians with the cost of living" is 100% untrue. Net costs to drivers run to billions. https://t.co/m8lt39fwdQ #cdnpoli @BCheadle #disinformation #FactCheck pic.twitter.com/OukJaLDhVb
— Blacklock's Reporter (@mindingottawa) December 21, 2023
Toronto will be given nearly half a billion dollars over the next four years to speed up new housing development, with a formal announcement to take place on Thursday, two sources with knowledge of the deal say.
The money — $471 million, beginning with an immediate payout of $117.75 million with further annual payments made based on the city’s progress toward housing goals, according to one source — comes out of the feds’ four-billion Housing Accelerator Fund pool, announced in March and to be divided between local governments and Indigenous communities who can satisfy national officials about their progress on housing and density.
Everything the Liberals are trying to sell is a lie. Until the Mass Immigration spigot is turned off Canada will never have enough homes.
Canada’s Immigration Plan Is Not Viable In Any Version of Reality: BMO
Canada printed yet another massive, immigration-driven quarter of population growth. What housing crisis, the country just needs to build homes faster, right? BMO Capital Markets crunched the numbers to show just how comically distorted and unviable growth has become. It’s starting to become clear the plan isn’t to diversify the country, but stimulate home prices and validate a real estate bubble.
… Kavcic puts the current plan into perspective to show the type of scale required. “For additional context, at 2.5 people per household, we’d need more than 170k new units every three months at this rate of population growth, even before accounting for domestic household formation,” he explains.
The industry is currently pushed to the max trying to churn out 220k homes per year. That’s a significantly higher number than previous years, but still roughly a quarter of the amount that would be needed to accommodate the supply-side plan.
h/t Mauser
It’s now official. We have, as a nation, joined those other countries banning the sale of internal-combustion-engine-powered light-duty vehicles past the year 2035. Now, never mind that, like last year — when the feds dropped the original draft of these new standards — it appears the Liberals are once again hoping that dropping this rather Draconian new regulation right before Christmas will give them two weeks or so for skeptics’ distemper to dissipate. Or that, as I and many insiders believe, this is most definitely a Quebec-centric dictum — a province where both Liberals and EVs are hugely popular — writ large across the entirety of our fair land.
Charging an EV …
@liberal_party @JustinTrudeau @FP_Champagne @JonathanWNV pic.twitter.com/1HvEvjvU7j
— Kim Allen (@KimKimmer4761) December 19, 2023
h/t Mauser
Prime Minister Justin Trudeau’s top aide on national security matters has announced she’s retiring in early 2024, after spending the last two years providing advice to the government on pressing intelligence files including the allegations of foreign election interference and the “Freedom Convoy” protests.
National Security and Intelligence Adviser (NSIA) Jody Thomas revealed her plans to leave the public service “with a tear, and a smile,” in a message to colleagues that was provided to CTV News by the Privy Council Office.
Most of the people who come to visit Debbie Nightingale’s Ontario farm are lured in by a chance to get up close and personal with her herd of friendly goats. But some visit for more practical reasons: to charge their electric vehicles.
“We have people who come on a regular basis because they know we have these,” Nightingale said, gesturing to the two-port EV-charging station she installed last year with the help of a federal tourism recovery grant.
As part of the federal government’s net-zero targets for the future, it is aiming for all new light-duty car and passenger truck sales to be zero emission by 2035, which will require a nationwide network of public charging ports.
Guilbeault is a lying idiot “Most people gonna charge at home.”
We’ve reached a “new nadir,” says pollster Frank Graves, reflecting on his latest findings. “Canada’s outlook is the darkest and most divided in our lifetime.”
Is it that terrible? Mr. Graves has been taking the pulse of Canadian public opinion for 30 years. “Scores we are seeing on the country’s direction are the worst we have ever encountered,” he told me. Latest tally? “Seventy per cent of Canadians say the country is moving in the wrong direction.”
The Liberals don’t like to characterize their policies as causing potentially irreparable divisions between Eastern and Western Canada. Yet nothing screams “Laurentian elite looking out for their own at the expense of everyone else” quite like the recent press conference announcing the government’s new Electric Vehicle Availability Standard.
As Ottawa mandates selling electric vehicles (EVs) and with an increasing number of offerings for consumers, the potentially major issue of battery replacement remains uncertain.
It’s been said that an EV is its battery and then everything else.
In a video uploaded Dec. 12, automotive journalists Andrea and Zack Spencer of the Motormouth Youtube channel, told the story of Kyle Hsu, a 2022 Hyundai Ioniq 5 owner who faced a $60,000 bill to replace its battery. That was more than the $55,000 cost of the car brand new.
🇨🇦 PM @JustinTrudeau receives a bespoke video from senior Hamas leader Ghazi Hamad. He is so grateful for 🇨🇦 support of the UN Resolution calling for a ceasefire which mentioned neither Hamas nor the hostages it holds more than 70 days on. Such a proud moment for you as well,… https://t.co/8jNyEEH123
— Vivian Bercovici (@VivianBercovici) December 20, 2023
