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Trudeau’s Canada a House of Cards Waiting to Collapse

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Trudeau's Canada a House of Cards Waiting to Collapse

Canada is under a state of toxicity. It’s unfashionable to say so in centrist circles, but it’s true. The country faces escalating radicalism, toxic polarisation, and low trust. Wealth disparity is increasing. Its federal system could be better, notably in the relationship between Alberta and the national government. Monopolies and oligopolies go amok, exploiting customers.

There are numerous other issues. However, the convergence of a few big obstacles screams House of Cards collapsing! The country’s housing crisis, consumer debt, and high – and potentially rising – interest rates are among them.

They present a picture of hardworking individuals living lives they can’t afford daily. This dreadful scenario occurs no matter how hard people work or how strictly they adhere to the game’s rules – laws they were assured were fair and just.
The Exorbitant Cost of Housing

In Canada, housing is completely expensive. The average home costs around CAD$700,000, while a one-bedroom rental costs close to $1,900 per month.

According to the Canadian Centre for Policy Alternatives, the hourly wage required to rent a one-bedroom flat exceeds the provincial minimum wage. The analysis discovered only three urban regions in Quebec where the minimum wage was more than the rent for a one-bedroom flat.

Housing starts — breaking ground on new buildings — are falling behind as the country booms. They were down 10% in July after a significant increase in June.

No Affordable Homes in Canada

According to the CMHC, the country needs 5.8 million homes by 2030 to achieve affordability, but construction is on track to reach only 2.8 million, less than half of what is required. Building costs, government policies, and labor shortages impede construction attempts.

Even when units are produced, there are far too few purpose-built rentals and non-market options to assist people needing affordable housing.

Those who are lucky enough to own a home face their own set of challenges. Mortgage payments are growing due to high-interest rates, which may climb again in the autumn. Now, 40% of mortgage holders borrow to cover day-to-day expenditures, and nearly 20% need to catch up on their payments.

According to Robert McLister of the Globe and Mail, that is based on data from December, and things have most likely worsened since then. Despite new measures from the Financial Consumer Agency of Canada aimed at keeping people in their houses and pricey financial gimmicks such as extra-long mortgage amortization periods, the prospect of default looms.

However, something has to give at this rate — especially since debtors will face renewal periods and high-interest rates in the coming months and years.

Canadians Floundering in Debt

Households are also heavily in debt. The CMHC cautioned in May that Canada’s household debt, which leads the G7 and will reach 107 percent of GDP in 2021, “makes the economy vulnerable to any global economic crisis.” It also puts it vulnerable to an internal crisis of its own making.

Mortgages account for most household debt, although auto loans and credit cards also contribute. Consumer debt in Canada reached a new high of $2.32 trillion in the spring. People need to catch up on their payments. Simultaneously, inflation and rising prices remain.

The Bank of Canada raised interest rates by 25 basis points to 5% in July, largely due to mortgage expenses, which were the key inflation drivers in June and July. As it struggles to achieve its 2% inflation objective, the bank may raise rates again in September.

In the near term, the bank and Canadians are locked in a vicious mortgage-inflation circle in which mortgage rates fuel inflation, and the bank boosts interest rates to combat inflation, which raises mortgage costs. Even if the long-term goal is to reduce inflation by limiting money supply and expenditure, the short-term spiral is hell.

It will take a long time to reach the 2% inflation target. Meanwhile, Canadians are in a precarious position with high mortgage rates, a lack of home supply, high prices, and a massive consumer debt burden.

As interest rates climb, so does the likelihood and possible number of mortgage, auto loan, and credit card defaults. The chance of job loss is similar.

The Austerity Dance of Justin Trudeau

The Bank of Canada is not mandated nor disposed to care about persons in financial difficulty in the short term. Its long-term goal is to keep inflation at a sustainable level. On the other hand, national, provincial, and local governments are supposed to care about those in need at all times. And yet, if there is a plan in place to protect Canada’s house of cards from collapsing or to make people whole, if it does, it is still being determined what that plan is.

Imperfect and insufficient social welfare programs, such as dental care and prescription drug coverage, are being implemented, but they are insufficient to address Canada’s serious financial crisis.

The Liberal government of Justin Trudeau may also be considering budget cuts. Ministers have been directed to cut $15 billion in spending by October. This could indicate a government less willing to spend significantly in the coming months and years, even as the Liberals sag in the polls and face an election in the autumn of 2025 or sooner.

Governments must be prepared to support individuals experiencing economic difficulty and will be crushed if the country’s house of cards collapses.

These folks work and strive for the things they’ve been instructed to strive for: a house, a car, an education, and a few respectable consumer goods. They are now abandoned due to a confluence of economic systems, pandemic repercussions, inefficient government policies, and unpredictable global geopolitical processes.

These employees, who ensure the buses run on time and the grocery shelves are filled, make up 40% of the country’s wages yet own only 2.7 percent of its net worth. In contrast, the wealthiest 20% of income controls about 70% of the total.

This wealth disparity is terrible at any time, but it’s especially disgusting in the aftermath of the last few years when the powers that be paid so much lip service to workers — as “frontline” and “essential.” They must not be abandoned in the wilderness while the country fights to resolve its economic problems.

This article by By David Moscrop was first published in Jacobin.com

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Canadian Mother And Twins Charged With Pretending To Be Inuit

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Three Canadian women have been charged with impersonating Inuit to receive benefits from indigenous organizations.

Two sisters, aged 25, allegedly committed fraud by posing as adopted Inuit children.

The two sisters and their 59-year-old mother face two counts of fraud. One Inuit group described the alleged deception as “shocking.”

On October 30, the defendants are scheduled to appear in court in Iqaluit.

The Royal Canadian Mounted Police (RCMP) stated in a statement that Amira and Nadya Gill, along with their mother Karima Manji, defrauded two local organizations of “funds that are only available to Inuit beneficiaries by obtaining grants and scholarships” between October 2016 and September 2022.

As part of the Nunavut Agreement, a 1993 indigenous land claim settlement, members of Canada’s Inuit community in the sparsely populated northern territory are eligible for grants and scholarships.

Nunavut Tunngavik Inc., or NTI, which represents Inuits in the territory, oversees the registration of indigenous classification.

NTI stated in a March statement that it had become “aware of possible fraudulent enrollment” of the Gill sisters after Ms. Manji claimed they were adopted and identified an Inuk woman as their birth mother.

inuit

Three Canadian women have been charged with impersonating Inuit to receive benefits from indigenous organizations.

They stated that the instance was a “first of its kind” in the organization’s enrollment program’s history.

The three Ontario residents were removed from the NTI’s list of beneficiaries, and the matter was referred to the RCMP following an investigation.

Kitty Noah, the woman identified by the Gills as their birth mother, stated before her demise in July that she was unrelated to the twins.

In 2021, the sisters Gill, both Ontario’s Queen’s University graduates, launched an online business selling facial masks with designs by indigenous artists.

In an interview with Canadian broadcaster CBC, NTI President Aluki Kotierk stated that the Gill sisters and their mother should “at a minimum” refund the money they received from Inuit organizations.

HE ADDED THAT the NTI will conduct additional training for enrollment committees in the future.

Mr. Kotierk described the alleged fraud as “another form of colonization” and part of a larger trend of non-indigenous Canadians claiming indigenous ancestry.

He stated, “You wanted to take our language from us.” “You intended to strip us of our culture. Are you now attempting to assume our identity? It is simply astounding.”

In a statement, the NTI referred to the incident as “isolated” and stated that it was fortifying enrollment requirements by requiring applicants to submit a copy of their long-form birth certificate.

inuit

Three Canadian women have been charged with impersonating Inuit to receive benefits from indigenous organizations.

In addition to the funds provided by the Kakivak Association and the Qikiqtani Inuit Association, claiming indigenous status enabled the siblings to receive scholarships from Indspire, a Canadian indigenous charity, Hydro One, and the Royal Bank of Canada.

Before 2021, scholarship applicants could self-identify as indigenous, according to a Royal Bank of Canada spokesperson, but the requirements have since been updated.

The BBC has sought comment from Indspire and Hydro One.

Some Canadians have used “pretendians” to refer those who fraudulently claim indigenous ancestry.

Jean Teillet, a member of the Métis indigenous community, told Global News that the term “sounds harmless” minimizes the gravity of the issue.

“I prefer to call it fraud because the definition of fraud is intentional deception to obtain a material gain, and that’s what we’re talking about here.”

The three accused women were not readily accessible for comment.

 

SOURCE – (BBC)

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US Child Dies From Fentanyl Kept Under Nursery Nap Mat In Daycare

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Police say that the fentanyl that killed a one-year-old child in a New York City nursery was concealed under a mat in the nap room while the child slept.

On Friday, Nicholas Dominici, who had only worked at the nursery for a week, died of a suspected narcotic overdose.

Three additional children were hospitalized after exposure to the potent narcotic at the Bronx creche.

Two individuals have been indicted on drug conspiracy and murder allegations.

The children, aged eight months to two years, are believed to have inhaled fentanyl at the creche.

Three minors were administered Narcan, a drug used to reverse opioid overdoses.

ABC quoted Dominici’s father, Otoniel Feliz, saying he is still processing his small child’s death.

fentanyl

“I love him, I miss him, and I want him back,” stated Mr. Feliz. However, there is nothing that will return my son to me.

A nursery search uncovered one kilogram of fentanyl “under a mat where the children had been sleeping earlier,” according to NYPD Chief Detective Joseph Kenny.

Additionally, investigators allegedly found three presses used to compact kilograms of drugs.

Federal prosecutors have charged the owner of the Divino Nio nursery in the Bronx, Grei Mendez, 36, and her tenant, Carlisto Acevedo Brito, 41, with narcotics possession “with intent to distribute resulting in death” and conspiracy to distribute narcotics resulting in death.

“We allege that the defendants poisoned four infants and killed one of them because they were operating a drug operation out of a creche,” Manhattan US Attorney Damien Williams said on Tuesday.

“A nursery – a place where children should be kept safe, not surrounded by a drug that can kill them in an instant.”

The narcotics recovered from the nursery, according to the police, could have killed 500,000 people.

After discovering that her children were ill, Ms. Mendez called her spouse multiple times before dialing 911, as evidenced by surveillance footage and phone records. According to officials, her husband arrived and removed several full shopping bags from the nursery.

According to prosecutors, Ms. Mendez purged approximately 20,000 text messages from her phone before her arrest. Eventually, authorities were able to recover them.

The fourth surge of the fentanyl epidemic sweeps the United States.
Authorities are still searching for her spouse, who has been identified as a co-conspirator in court documents. According to the police, he was captured on camera fleeing the site of the incident.

A lawyer for Ms. Mendez stated that his client denied the charges and was oblivious that illegal substances were stored in the nursery.

According to ABC News, her attorney, Andres Aranda, stated, “Her only crime was renting a room to someone with a kilogramme.”

fentanyl

Police say that the fentanyl that killed a one-year-old child in a New York City nursery was concealed under a mat in the nap room while the child slept.

There is no evidence that she provided improper care for these infants.

It is unknown whether Mr. Brito, the cousin of Ms. Mendez’s spouse, has an attorney.

Authorities have classified both suspects as flight risks and hold them without bond. If convicted, they each face life in prison.

On September 6, city health examiners conducted a surprise inspection of the nursery, but no violations were found, according to City Health Commissioner Ashwin Vasan.

“I apologise, but my childcare inspectors are not trained to search for fentanyl. But perhaps they should,” he said at a Monday news conference.

At the same news conference, Mayor Eric Adams demanded a “full national assault” against the substance, emphasizing its potency.

A tenth of the measure of a fingernail is sufficient to kill an adult. Imagine what it could do to a child,” he said, holding up a photograph comparing a lethal dosage to a penny.

According to recent research, fentanyl has reached virtually every part of the United States, from Hawaii to Rhode Island and Alaska.

Less than 40,000 Americans died of drug overdoses in 2010, and less than 10% of those fatalities were attributable to fentanyl.

By 2021, more than 100,000 people per year had perished from drug overdoses, with an estimated 66% of those deaths attributable to fentanyl.

SOURCE – (BBC)

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Tropical Storm Ophelia Moves Inland Over North Carolina As Coastal Areas Lashed With Wind And Rain

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ANNAPOLIS, Maryland — After making landfall near Emerald Isle early Saturday morning, Tropical Storm Ophelia swirled across North Carolina, lashing eastern portions of the state with rain, damaging winds, and hazardous water surges.

The storm landed at 6:15 a.m. with near-hurricane-force winds of 70 mph (110 kph) but was anticipated to weaken as it turned north Saturday and then shifted northeast on Sunday, according to the U.S. National Hurricane Centre.

As of Friday, Ophelia is churning up the East Coast at approximately 13 mph (21 kph), bringing windy conditions and torrential rainfall for the weekend. Through Sunday, portions of North Carolina and Virginia may receive up to 7 inches (18 centimeters) of precipitation, with 2 to 4 inches (5 to 10 centimeters) predicted for the remainder of the mid-Atlantic region.

Philippe Papin, a hurricane expert at the National Hurricane Centre, stated that the primary risk posed by the storm system over the next few days will be the possibility of flooding precipitated by the rain.

“Tropical storm-force winds have been observed, but they are beginning to gradually diminish as the system moves further inland,” Papin said in an early Saturday interview. However, in the next 12 to 24 hours, a substantial portion of eastern North Carolina and southern Virginia is at risk for flooding precipitation.

Several eastern North Carolina counties had tens of thousands of residences and businesses without power as of Saturday morning, according to poweroutage.us, which monitors utility reports.

ophelia

Tropical Storm Ophelia swirled across North Carolina, lashing eastern portions of the state with rain, damaging winds, and hazardous water surges.

Jeff Brooks, a spokesperson for Duke Energy, told WTVD-TV on Saturday, “When you have a slow-moving storm with several inches of rain and a wind gust of 30, 40 miles per hour, that’s enough to bring down a tree or limbs.” “This has been the case in the majority of areas where we have experienced outages.”

From Bogue Inlet, North Carolina, to Chincoteague, Virginia, a storm surge warning was issued indicating the threat of rising ocean water forced inland by Ophelia. In some locations, waves of 4 to 6 feet (1.2 to 1.8 meters) were predicted. The area from Cape Fear, North Carolina, to Fenwick Island, Delaware, was issued a storm warning.

On Friday, each of North Carolina, Virginia, and Maryland governors declared a state of emergency. Several institutions closed early, and several weekend activities were canceled. The Washington Nationals baseball contest scheduled for Saturday was postponed until Sunday. Until conditions improve, the North Carolina Ferry System suspended service on all routes until conditions improve.

ophelia

Tropical Storm Ophelia swirled across North Carolina, lashing eastern portions of the state with rain, damaging winds, and hazardous water surges.

Nancy Shoemaker and her husband Bob picked up sandbags in a park in Annapolis, the capital of Maryland, on Friday. In October of last year, a storm surge swept away the sandbags they had placed in their yard, which is adjacent to the water.

Nancy Shoemaker stated, “We’re hoping that won’t happen this time.” “If we have a lot of wind and a lot of surge, it can look like the ocean out there, so that’s a problem.”

Michael Brennan, director of the National Hurricane Centre, stated that it is not unusual for one or two tropical cyclones or hurricanes to form annually off the East Coast.

Brennan stated in a Friday interview, “We’re at the height of hurricane season, and storms can form virtually anywhere in the Atlantic basin.”

According to scientists, climate change could result in hurricanes expanding their reach into mid-latitude regions more frequently, making cyclones like Hurricane Lee more frequent.

One study simulated tropical cyclone trajectories from the pre-industrial and modern eras and a future with increased emissions. It was discovered that hurricanes would track closer to the coastal, including around Boston, New York, and Virginia, and form more frequently along the Southeast coast.

SOURCE – (AP)

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