Financial Post

That's what leads to stagflation, which is the worst flation that you can get.

And that's what this Financial Post article talks about.

The downside risks now in Canada are or the trade tensions, obviously, that's the big one, right? And we've seen corporate, we're gonna show you that in a couple seconds here, what that's doing to our manufacturing in Canada.

But the tightening in global financial conditions and the tightening of monetary policy, because if you choke off the money supply for companies, then they won't borrow and they won't invest, right? I mean, that's the thing.

If you're part of the well-connected, you're doing okay.

But if you're the average Canadian... there's nothing in the budget for you other than a bunch of smoke and mirrors and different things that most people are not going to see.

Because even Kim Moody at Financial Post there is trying to find some stuff in there.

Do you know what I mean? Find some stuff in there that's actually, oh, let's kind of dig through it and see what maybe people missed.

And we always, I think, sort of gravitate or center that conversation around federal policy, regulations, economic things.

And you have written many, many times, there's a very good piece in the Financial Post a couple weeks back, that, you know, the care economy is really...

the thing we need to be paying attention to, that it creates constraints for the kinds of investment, productivity, employment that we really need to see.

And we just aren't paying enough attention to the drag that that is placing on everything.

And look, this isn't just coming from me.

This is coming from the former clerk of the Privy Council, Kevin Lynch, who wrote a piece today in the Financial Post about this.

It's coming from Chris Reagan, an economist, who wrote yesterday in the Globe and Mail about this.

It's coming from Don Drummond, a former finance official.

This is the big day.

This is the Financial Post saying, we need fiscal anchors, less debt, and a cautious budget.

What are the chances of getting that? What are the chances of that? Okay?

Not particularly large.

I want to get into all that's happening online, but I want to take a look at the mainstream media narrative because it's been, how do I say, boring? I'll read you a few headlines here.

Financial Post feds to invest up to $1.6 billion in Canadian AI company Cohere.

The CBC.

Canada to invest up to $1.6 billion in Toronto-based AI company Cohere.

And it sure would be nice to try to understand exactly what's happening there.

Well, first of all, I've written a lot about this on Substack and in the Financial Post and in the Western Standard and Energy Now about the issue, because I've been following it since Mark Carney made his statement when he first became leader, which like the one, the first thing he said was our relationship with America is ruptured.

I was like, what? Where did this come from? And then over the past year, almost every second, third week, he was flying to Europe.

He was meeting with Mertz.

I swear, it's like no more than five pages.

Well, but the National Post is now part of the journal, and the Financial Post is now part of the journal.

They have a couple bits there, so it's like even then.

But that sports columnist, when you had the top sports columnist, they would give you... great opinions that made you think or whatever it was or gave you good insight.

You get national posts for five pages.

Then you get your ads and obits.

Then you get your financial posts.

And then you get your sports.