🚨 CANADA CONTIUES TO BE ONE OF THE MOST PRIVATELY INDEBTED NATIONS IN HISTORY Canada vs Japan Credit Bubble (BIS Data) Updated Q2 2025 Canada just traced Japan's 1990 path to economic disaster: • Japan 1990 peak: 210% private debt/GDP • Canada 2020 peak: 245% •

Bail out! Bail out! Bail out!

#vanre this is anecdodal evidence but I was present and witnessed this myself. I found myself inside a sales presentation center for one of the big developers in town. The VP of sales took the mic and said. "We have 7 towers completing in the next few years and we are very busy.

This is interesting.

A Richmond developer has lost its lender and tenant due to the Cowichan ruling, putting over $40 million in project financing at risk. When fee-simple land can no longer be treated as secure collateral, every BC property owner should be alarmed. https://t.co/McJQMJpG6v

A very vocal minority has held back this country for far too long.

Interesting...

This is Accelor Mittals chart vs Algoma Steel, running my propriatory modeling. $MT $ASTL Now take a look at the consting chart pulled from a research article. Looks like electric ark is at least 40% more expensive to operate. And also subject to electricity prices. So my

Jameson Development has obtained creditor protection for its 28-storey project at 2538 Birch St in Vancouver, along Broadway. #vanRE The BC Housing-funded project is 91% complete and is set to be sold to First Peoples Group for $235 million. My story: https://t.co/iTKUmlpCe8

Notably, this project is just a five-minute walk away from 2511 Spruce Street, another nearly-completed tower that was placed under creditor protection last month, as I first reported: https://t.co/KaaiReUPbA

Canada's delusional quest to replace U.S. trade "Canada's prosperity has been disproportionately owed to the fact that it happens to sit atop the most powerful economy in human history" https://t.co/jsWl6h89Db

Now let's substitute the Eby government with CEO David Eby of Apple. Eby turned 6 billion of cash on the books into 11 billion in debt for the company in 3 years. The world was watching and asking where are the shareholders? How can they let something like this happen?

Tobi, where have you been this whole time! Finally people are calling it out for what it is. Someone else posted that the taxpayer has paid $240k per each job created by Nokia. @StephenPunwasi

Toronto new home sales. Probably nothing. … that blue spec was last month btw.

Canada's drop in international student enrolments is MASSIVE

The official poverty line for a family of four in 2024 is $140K. Why $100K is the new poor. Required reading from @profplum99 https://t.co/anJ7dTXGYn

U.S. FORECLOSURES JUMP 20% AS MORE HOMEOWNERS FALL BEHIND ON MORTGAGE PAYMENTS — ATTOM

Sobering charts from @bankofcanada's most recent release entitled "Toward a virtuous circle for productivity" They highlight the key issues with Canada's economy. 🧵 1. Canada's labour productivity continues to fall. Down to <0.5% from 3% growth.

Canada's outstanding residential mortgage debt is nearly 80% of GDP Via https://t.co/BfASbZjIsu

🇨🇦 spends 11.6% of GDP on healthcare, 26% more than the OECD avg for countries w/universal healthcare. Per capita ranks: - doctors: 28th - nurses: 16th - somatic beds: 26th - psychiatric beds: 25th 🇨🇦 doesn't need privatization—we need to ask where the f*ck our money is going.