In Canada, I was in a discussion with a socialist politician. I was shocked at the response to their view of the economy that everything you earned belonged to the state and they decided how much you were allowed to keep. This same attitude is displayed by the Canadian Revenue Agency (CRA). They have cleaned […]
The Canada Revenue Agency (CRA) has begun to record the fingerprints of every person charged (not yet convicted) with tax evasion. This is a move that could deny them the ability to travel to the United States. If they have a criminal tax offence that is even charged, they could not travel to the […]
In Edmonton, Canada, six teenage girls under 16 were allegedly touched (sexually assaulted) by a Syrian refugee, Soleiman Hajj Soleiman, 39, at a water-park. This has caused a real uproar and many have used this to taint all refugees in Canada. This is rather different from the wholesale sexual rapes and assaults in Europe. This […]
Canada has a different legal structure compared to the United States. Canada is one of the most decentralized countries in the world where provinces are actually responsible for most major social expenditures as a whole. The Canadian provinces receive large, unconditional transfers from the federal government whereby some provinces receive transfers from the federal government […]
For the first time in history, the total private debt of the Canadian public has exceeded the total national Gross Domestic Product (GDP) after reaching 100.7%. This is significantly higher than in the United States, which has been declining since 2008. Household debt in the United States is now under 80% of GDP. Clearly, Canada’s […]
It’s official. Canadians now spend more on taxes than they do on food, housing, and clothing. Well, politicians have to eat first. Their kids have to be educated to rule their generation. The Fraser Institute has calculated that the average Canadian family now pays $34,154 in taxes in total, which includes all the “hidden” business taxes […]
Question: Hello Martin, I saw a couple of days ago that Canada seems to have sold all its gold. http://www.fin.gc.ca/n16/16-030-eng.asp Is it just a way to find short-term easy money? Or is it part of a global process to sell any tangible asset that the government could have ? I personally don’t think this to […]
Governments everywhere are going broke. Despite what people think, gold may yet make new record lows under $1,000 in the months ahead. Canada has sold off a piece of its gold reserve into this rally. There is NO intention of returning to a gold standard. They are moving fully electronic and intend to eliminate cash everywhere. […]
