- Joined
- Jan 14, 2023
Yeah, knowing Canadians have a memory of a goldfish, they might even elect this motherfucker again.Like his father (Stepfather) we have not seen the end of Trudeau.
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Yeah, knowing Canadians have a memory of a goldfish, they might even elect this motherfucker again.Like his father (Stepfather) we have not seen the end of Trudeau.
Kinda hate the fact that Pollievre is going to get caught holding the bag here and smug Liberals are going to pretend it is entirely his fault and not Trudeau openly shit talking Trump for four years and then taking his ball and going home.
If Canada continues to import more Chinks and Poojeets, we would soon be crammed inside shoeboxes.Check out how fucking corrupt Canada is from the municipal to the federal.
You find this shit from third world shit holes but here it is.
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Oh Yeh, these "tiny homes" are literal boxes of recycled cans with no plumbing and electricity & insulation.
Which is the rub isn't it. The next 4 years are going to be existential for Canada. The incoming US admistration has said it intends to go full McKinley. Manifest Destiny, from sea to shining sea. BTW the arctic ocean is one of those seas.Fuck Poilievre.
If he was running on a true "Yeet the Jeets" platform, then I'd agree that the journoscum spindoctoring will be unfair.
But Pierre is a cuck and a coward that is selling another globalist lie that taking a few cents a litre off at the Shell is somehow going to get us our country back.
Canada was already awful long before Castro Jr, and it's disingenuous to pretend otherwise. Regardless, he sure went out of his way to make everything even more astronomically worse in every metric possible, although in fairness, it was always going to be a foregone conclusion with all of this gibberish talk of "our values in a democracy."Honestly i think everyone with a brain knows that Trudeau made Canada shit. the ones who think otherwise really don't matter.
For someone who admired Canada and saw it through a Turd World Country, this is sad to agree; but ultimately it is true.Canada was already awful long before Castro Jr, and it's disingenuous to pretend otherwise. Regardless, he sure went out of his way to make everything even more astronomically worse in every metric possible, although in fairness, it was always going to be a foregone conclusion with all of this gibberish talk of "our values in a democracy."
This. He couldn't grovel any harder to our invaders if he tried.Fuck Poilievre.
If he was running on a true "Yeet the Jeets" platform, then I'd agree that the journoscum spindoctoring will be unfair.
But Pierre is a cuck and a coward that is selling another globalist lie that taking a few cents a litre off at the Shell is somehow going to get us our country back.
Bank of Canada expects to announce end of quantitative tightening in next few months
By Reuters
January 16, 202512:33 PM ESTUpdated 2 days ago
A sign framed by maple leaves is pictured in front of the Bank of Canada building in Ottawa
A sign framed by maple leaves is pictured in front of the Bank of Canada building in Ottawa July 17, 2012. REUTERS/Chris Wattie/File Photo Purchase Licensing Rights, opens new tab
By Promit Mukherjee and David Ljunggren
OTTAWA, Jan 16 (Reuters) - The Bank of Canada will soon announce the end of its quantitative tightening program, deputy governor Toni Gravelle said on Thursday, making it one of the first central banks globally to stop unwinding pandemic-era asset purchases.
The BoC, which had pumped massive liquidity into the system, began reducing the size of its balance sheet in April 2022, mainly through reducing settlement balances, or liabilities.
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Migrants set fires during midnight camp raid in Mexico
"We expect to announce the end of QT and the associated restart of our business-as-usual asset purchases in the first half of this year," Gravelle said in a speech in Toronto.
The bank had previously indicated the program would end at some point in 2025. This would help the bank resume normal bond purchases and maintain a prudent level of settlement balances.
An effective settlement balance level gives the bank more room for injecting money during times of economic crisis.
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Gravelle said the bank felt the ideal level of settlement balances was between C$50 billion and C$70 billion, below the current C$130 billion.
"We expect settlement balances to reach our new estimated range around mid-year," he said, adding that the bank would start normal asset purchase program around that time.
The asset purchase program does not mean that the bank is offering economic stimulus again as it did during the pandemic, he underlined.
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"Our normal asset purchases before the pandemic were not QE (Quantitative Easing). And our normal asset purchases after QT ends will not be QE either," he added.
The composition of the assets will be broader, comprising not only Government of Canada bonds, but also government treasury bills and term repos.
The bank will aim to have term repos and treasury bills in almost the equal amount as its floating-rate liabilities, which will include settlement balances, he said.
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The amount of government bonds te bank holds will also be ideally equal to the currency in circulation, he said, but cautioned that the ideal overall asset composition might not be achieved until around 2030.
The Government of Canada bond purchases would start toward the end of 2026 at the earliest, he said.
((Reuters Ottawa bureau))
Keywords: CANADA CENBANK
Tying immigration to housing availability *IS* a Yeet the Jeets platform though.If he was running on a true "Yeet the Jeets" platform, then I'd agree that the journoscum spindoctoring will be unfair.
Easy, Canada is trying to become a third world country like India. This is super hard when their currency still has value and labor is worth more than in Mumbai. Gotta print print print that dosh until Canadians work for third world wages too.How the fuck does Canada decide quantative easing despite inflation being apparent?! Better stock on enough silver and gold to keep your wealth because soon, Canada could eventually have an inflation similar to that of Venezuela in 2020, or worse, Weimar Republic or Zimbabwe.
Canada could very well collapse in the ten years. This country is barely even even recognizable after nearly a decade of Trudeau, and not in any pleasant way. So many Canadians are in utter denial because they cling on to an outdated vision of the nation, which has left me (and I imagine many others) utterly alienated and detached. I wouldn't give my life to defend the Laurentian Elite's post-national dystopia.Which is the rub isn't it. The next 4 years are going to be existential for Canada. The incoming US admistration has said it intends to go full McKinley. Manifest Destiny, from sea to shining sea. BTW the arctic ocean is one of those seas.
I grew up in a small forest town. I do vaguely remember people having pride in the nation.Has Canada ever not been shit? In my almost 25 years of life experience in this country I can't remember a time where it was ever good.
mein nigger, please tell me that is a joke.Volga Germans (Ukrainians)
I remember my social studies class explicitly teaching how to identify and be critical of propaganda even from the CBC and being proud that I lived somewhere that taught people to use their fucking brains. Not to distrust authority, but always be ready to find it going astray or getting greedy.Has Canada ever not been shit? In my almost 25 years of life experience in this country I can't remember a time where it was ever good.
Having "Former Prime Minister of Canada" will go a long way when getting paid speaking engagements after they're voted out.I am genuinely shocked that there are Liberals willingly wanting to run to be the next Kim Campbell.
I can't tell if they just want to graft from the Liberal Party coffers, or if they are genuinely delusional in thinking they have a chance to become the next PM whenever the election comes up
Tying immigration to housing availability *IS* a Yeet the Jeets platform though.
Has Canada ever not been shit? In my almost 25 years of life experience in this country I can't remember a time where it was ever good.