maybe he still has resources and she needs the financial safety net

Nobody here complaining about the BoC announcement to hold on to the current interest rate of 2.75% and flaming of the Liberal gov't today? :Popcorn

I guess the shit hasn't hit the fan enough, they want more unemployment

2.75 is already low enough. 0-2% interest rates are NOT normal and the cause of our asset bubbles and many of our country's ills we live with today.

If that is the case... get ready for Carney to drop the rates again! :awwyeah:

:accepted:

Non-Mortgage Delinquencies Reach Levels Not Seen Since 2009
– 1.4 million people in Canada missed a credit payment as refinancing and renewals dominate the Q1 Mortgage market – Equifax Canada Market Pulse Quarterly Consumer Credit Trends and Insights

https://www.equifax.ca/about-equifax...en-since-2009/

We added 800k+ people already in 2025... Canada is going to be fine. Just need to keep skimming a million of the richest, most upwardly mobile foreigners who think Canada is a paradise of hot white pussy...

^ how can we have rental price drops if that many people already came in

I know your brain is fried and all but you do realize it's not 2013 anymore and Carney can't do shit about rates right?

Interesting article about the number of asylum applications increasing at the Canadian border. There's a big catch though when it comes to a migrant even getting refugee status in Canada. The Safe Third Country Agreement between U.S. and Canada:



'A lot of individuals will have to leave quickly'
U.S. crackdown on illegal immigrants is sending a surge of refugees to Canada
By: Wyatt Gilliland, Jenna Olsen and Masih Khalatbari, The Province


The Investigative Journalism Bureau As fears of refugee deportation mount in the United States, a surge of asylum seekers is turning to Canada - only to find a border that is getting increasingly hard to cross.

The number of refugee seekers processed by the Canadian Border Services Agency (CBSA) shot up by 87 per cent between January and April.

In April, 494 ineligible refugee claimants from the U.S. were turned back at the Canadian border under the Safe Third Country Agreement, which bars most people from seeking asylum in Canada at the border. That's up from 280 in January - a 76 per cent increase.

Growing refugee traffic at the Canadian border this year has emerged amid a clampdown on illegal immigration in the U.S. that experts say could trigger a flood of asylum seekers to Canada.

A controversial U.S. move in late March that paused protected legal status for refugees from Colombia, Haiti, Nicaragua and Venezuela (CHNV) is likely behind the spike, say immigration lawyers and researchers.

"That is what we would see as a major indicator towards potential migration flows northbound," said Dan Anson, director general of intelligence and investigations for the CBSA. "Those ... main groups ... are likely going to be targets of potential enforcement and removal operations (in the U.S.)" Toronto immigration lawyer Mario Bellissimo said his office has seen around a 200 per cent jump in inquiries in the past week.

"Any time you have a dramatic announcement, it does prompt indi- viduals to move," he said.

On Tuesday, the federal government responded to "rising migration" concerns with new measures it says will make the country's immigration and asylum systems "more responsive to new and developing pressures." Among those steps will be new ineligibility rules to "protect the as -y lum system against sudden increases." The CHNV parole program in the U.S. initially offered "parole" to ce -r tain Cubans, Haitians, Nicaraguans and Venezuelans to stay in the U.S. for two years. The Trump administration paused those protections on March 25.

The following month, asylum claims processed by the CBSA rose to 4,560, up from 2,940. A federal judge blocked Trump's order in April. CBSA data released to the Investigative Journalism Bureau on Tuesday shows a drop in refugee removals at the border in May following that court order.

But the U.S. Supreme Court reversed the ruling on May 30, triggering renewed fears of deportation for migrants in legal limbo. An estimated 532,000 refugees from the four countries are now vulnerable to removal from the U.S while the backand-forth court battle continues.

Rosanna Berardi, an immigration lawyer in Buffalo, N.Y., called the shifting legal restrictions in the U.S. an "emotional roller-coaster."

"A lot of individuals will have to leave quickly and go elsewhere," she said. "Canada would be the easiest place to go with respect to logistics."

But those who do attempt to flee the clampdown by coming to Canada may face long odds getting in.

Under the Canada-U.S. Safe Third Country Agreement, refugees must claim asylum in the first country they land in. Refugees coming from the U.S. cannot claim asylum here unless they have close family in the country.

"They can attempt to come into Canada, but chances are they're gonna be returned to the U.S. And with that, they'll probably be held at the border," said Evan Green, an immigration lawyer in Toronto.

But many refugees either don't know about those restrictions or are too afraid to care, said Lori Wilkinson, a professor at the University of Manitoba specializing in refugee resettlement.

"At some point, there's going to be people so desperate that it doesn't matter what kind of laws we have," she said. "With Nicaragua, I think people don't understand there's been a many years-long drought and you either starve and die, or you pick up everything and walk through the Darien Gap and take your chances."




In other words, there will be many refugees who will moving back and forth between Canada and the U.S. because A) they don't understand Canadian law when it comes to applying in refugee status and B) Most of them are fucked because they may not have close family relatives in Canada who can help them apply for asylum here under the Safe Third Country agreement.

:rukidding:

Another one, #Mental health

Vancouver man arrested after driving into Pacific Coliseum entrance during Cirque du Soleil show, police say

https://www.cbc.ca/news/canada/briti...iver-1.7554051

Hold rates they say, we're fine they say,

Canada's unemployment rate ticks up to 7% in May, highest in 9 years outside of pandemic

https://www.cbc.ca/news/business/lab...-may-1.7554109

This is what ya voted for? Hehe

The largest trade deficit ever recorded just happened?

#ElbowsUP heheh

I wouldn't just look at the unemployement rate on its own though. The news was also reporting yesterday that our exports was getting slammed by a whooping 10.8% drop in April, with exports to the US falling 15.7% bcos of the Trump tariffs.

https://www.cbc.ca/news/business/can...icit-1.7552984

Businesses are suffering, and when businesses suffer, they tend to need to cut back on staff.

So again, we have Trump to thank for this.

who is not suffering...
retail staff says no one has foot traffic to jsut buy stuff... shut the front door brah... no one just go walk around retail store like at BBY to buy stuff.

since covid, buying power and buying habits chnaged.

Nothing new. Back when I was back at my last job, we already saw the signs. We sell almost a year in advance and for 3 seasons in a row, wholesale purchases were down, thus retail isn't expecting to do well.

https://i.ibb.co/5X1m7nk5/sentence.png

Stab someone in the heart and they die... get out in under 5 years.

lol this liberal bill just underlines how fucking insane the politics in this country are.

You’re patting yourself on the back to repeal more than a decade of stifling legislation that prevented infrastructure and resource projects from being built.. all the while it’s the exact same people clapping along celebrating this bill that enacted this legislation.. Jesus Christ..

Also let’s be frank, “indigenous consultation” is done. We don’t need to consult you if these projects are not on land you actually own and control. No one cares about your input, no one needs your opinion. If it’s in the best interest of Canadians, we don’t need years of veiled “consultation” in the guise of cutting more cheques to corrupt officials. You had your cake with Trudeau, your time is done.

So you're advocating that they should have just stuck to what they were doing?

Or are you just complaining for the sake of complaining?

You sound exactly like my 80 year old uncles

We missed the time to do this stuff, we missed it -completely- it’s like my buddy who’s parents sold their house and missed out on 500% of the gains, we missed our opportunity at one of the most important times. (Even moreso in hindsight)

Now the same people that missed it are reacting to the state of the world. As I’ve said before, the liberals plans behind the scenes was pretty obviously sitting in back rooms and crossing their fingers hoping Trump wouldn’t get back in power.

Carney and the clowns deserve -zero- credit in attempting to rectify problems THEY caused. lol like this same regime -fucked- us. Now it’s like oh wow, we’re turning it around! Lol no. For once can we just call a spade a spade?

Like of course, what else is there to do BUT fix these issues if you’re actually serious but it’s frankly pathetic that this is the same party that caused this more than a decade ago and such a sad state of affairs we are in.

So really you're just angry the conservatives couldn't get the credit for changing course, even if the end result is the same?

Like the attitude for most people right now with all govt. should really just be like ok whatever? lol guess what, things are never getting better? lol

I’m angry we spent 12 years trying to prevent the thing we’re turning on a dime for?

You are angry all the time, about everything, no matter what it is man. The result doesn't matter anymore. You will always consider it bad.