10 interest hikes and a 1,900% increase in the Bank of Canada rate, with mortgage prices swelling by a factor of four, the Canadian economy is flatlining. Like, not growing. In fact it might have slipped a tad in Q3, which means we might be – maybe, perhaps, but only gently – in a technical recession.
https://www.greaterfool.ca/2023/10/31/to-shock-or-not/
A group of top national security experts is sounding the alarm: Canada’s relationship with the Chinese Communist Party (CCP) has crossed from economic engagement into a full-blown democratic threat.
At a Dec. 6 forum in Toronto, former RCMP proceeds-of-crime director Garry Clement called the CCP “the biggest transnational organized crime group ever seen,” warning that Beijing is actively infiltrating Canada’s political, business, and cultural institutions. Through the United Front Work Department, the CCP co-opts elites, business leaders, community organizations, and media outlets—while intimidating and surveilling dissidents “on a daily basis.”
Clement also linked Beijing to the fentanyl crisis, saying the CCP could shut down precursor shipments to Canada “if they really wanted to,” but instead allows the flow as a form of “disruptive warfare,” echoing the tactics of the Opium Wars....