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Showing posts from April, 2025

Inflation, Debt, and the Elite: Why Mark Carney Isn’t Working for You

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Mark Carney has publicly stated that inflation can be a good thing. But let’s take a closer look at who actually benefits from it. Here’s why inflation can work in favor of the rich: 1. Rising asset values – Inflation often drives up the price of real estate, stocks, and other assets—things that wealthy people already own.   2. Debt devaluation – It reduces the real value of debt. If you own property or businesses with loans, inflation eats away at the amount you owe.   3. Better investment access– The rich have the resources to invest in inflation-resistant assets like gold, commodities, or foreign markets.   You see the pattern now? Inflation works for the wealthy. Meanwhile, let’s talk about Canada’s debt situation: - Federal debt**: Around $1.3 trillion as of 2024—about $34,000 per Canadian.   - Ontario alone: $440 billion in provincial debt—$29,000 per resident.   - **Total federal + provincial debt**: Over $2 trillion, nearly 75% o...

A Broken System: When Basic Needs Become Political Bargaining Chips

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  As Canada approaches its next election, voter preferences reveal a stark generational divide. Older voters, primarily those over 60, lean toward the Liberals, prioritizing government-funded dental and pharmacare. Meanwhile, younger voters, struggling to afford homes, are turning to the Conservatives in hopes of policies that will make homeownership attainable. These choices are not ideological—they are survival-based. People vote for what benefits them, and rightly so. But the real question is not about left or right, Liberal or Conservative. It’s about how Canada has reached a point where basic healthcare for retirees and affordable housing for young people are competing priorities rather than universal rights. The Reality of a Broken System Think about it: Someone can work for 35 years, pay taxes their entire life, and still be unable to afford basic dental and pharmacare without government assistance. Meanwhile, young Canadians—many of whom pursued higher education with the pr...

Support Canadian—Except When It Comes to Leadership?

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When former U.S. President Donald Trump imposed tariffs on Canadian goods, many of us rallied around the patriotic slogan: **“Buy Canadian.”** We proudly urged one another to support local industries, protect Canadian jobs, and strengthen our own economy. It was a moment of national unity—an understanding that to grow Canada, we must invest in Canada. But there’s a contradiction we don’t often talk about. When it comes to choosing the next Prime Minister, many of us abandon that same principle.   Take a closer look at the two leading candidates:   One is Canadian through and through—born here, educated here, worked here, and served the country for over two decades. He has lived and breathed Canadian values his entire life. Ironically, some mock him for attending Canadian universities or “not being worldly enough.”   The other candidate, though also Canadian-born, spent a significant portion of the last decade outside the country. And interestingly, what man...