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Canada has steadily been deindustrializing since the mid-2000s, and manufacturing is half of what it was in 2000. How did we get here?
Canada’s politicians on both sides of the aisle have a habit of dishing out heaps of money via corporate welfare – in the process they’ve created and allowed for the monopolization of much of Canada’s economy. What is the result for Canadians over time? Higher prices and lower wages and less innovation in the business sector.
Pierre Poilievre: “In the early 1990s, this country literally ran out of money when finance officials went to lending markets and could not find a single solitary person on Earth willing to lend a dollar to the Government of Canada for fear that it could not pay the money back.”
According to @AntennaData on Twitter, Netflix US has experienced five times the amount of subscription cancellations in five days that they would normally see in just one month due to the ‘Cuties’ backlash.
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If you spent $1,000,000 per day paying back Canada’s current deficit it would take 3,787 years to pay it all back.
Canada’s debt currently sits around $1.194 trillion dollars.
Diverge columnist, Greg Staley writes.
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