The CN Calgary to Edmonton Main Line runs about 500 yards from my door so I get to see how many trains are going by and what's on them. I've noticed over the years that the amount of train traffic is a pretty interesting indicator of the Canadian economy.
Sometimes we saw the midway headed north from the Calgary Stampede. Aother time, we saw a lot of tank cars going by, carrying I assume petroleum products. That went on for quite a while but I don't see tank cars much if ever anymore.
Lately, in the past week or two, I'm seeing maybe twice the usual container trains going by, so I have to wonder what that means. We know the economy is not all that great.
My guess is that Canadian retailers stocked up to get ahead of the tariffs, so we'll probably see a bump in the economy reported, BUT it will be followed by a slowdown since future business will have been sucked forward into these few weeks.
I also wondered about the monetary system so I asked my new best friend for an opinion. https://www.perplexity.ai/search/what-is-in-the-wind-about-comi-jIgfSrDdRCqTPQUKOP1TzQ
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https://open.substack.com/pub/junonews/p/candice-malcolm-wins-george-jonas-freedom-award
CPP is the latest on Carney’s chopping block
The new $50 billion Brookfield partnership puts hard-earned Canadian pensions at risk.
All eyes should be firmly placed front and centre on the current situation between Mark Carney and our Canada Pension Plan (CPP). His furtive sleight of hand is in action once again. In short, his latest method of eventually transferring our hard-earned fund over to his bedfellow Brookfield has begun.
The Canada Pension Plan Investment Board and Brookfield have launched a $50 billion “Maple Fund.” Their explanation is that it will be utilized to funnel capital into critical infrastructure and other industries across Canada. Be afraid. Be very afraid.
In 1965, the CPP, introduced by the government, was initiated in order to assist people who did not have a retirement pension. Employees gave a certain percentage of their income to the fund, and the employers matched that figure. To be exact, 15% of income before taxes.
This fund consists of our hard-earned money, and we ...