October 09, 2026
Mark Carney Elbows Canada to the Bottom
Tiothy Birdnow
Mark Caney's "elbows up" strategy of antagonizing the United States has led to massive jobs loss in Canada - 68000 in September (the equivalent of half a million jobs in the U.S.) and that after a loss in August of 41.700. Elbows up will soon mean as in downing a glass of Moosehead Lager as everyone will have nothing else to do eh?
The Canadian dollar has declined to a value of just shy of 70c U.S.
Considering our dollar is worth just a few pennies from what it once was a decline in the Canadian this far means inflation is going to spike. This was a 44% drop in value.
The article states:
For CTH readers, allow me to explain what is happening that is not found in the Canadian financial media.
Business investment is essentially at zero; nothing is happening. Multinational corporations who are spending in Canada are purchasing assets. Other vulture capitalists and China are looking at exploiting the shrinking Canadian system, which is giving the Canadian govt a false sense of investment security. However, these institutions are not investing for growth, they are simply purchasing assets – purchasing in advance of what they predict will be massive leverage for how they will exploit the commodity or asset they are purchasing.
Carney is selling Canadian assets, pipelines, raw materials, energy, infrastructure and airports. He is essentially carving up the economy, selling Canadian assets and trying to organize the economy so that Canadians don’t realize the GDP shrinking around them. But you will notice that positive economic activity, that is activity that would grow the GDP valuation, is not Canadian owned.
Corporations who operate inside Canada are not replacing retirees and/or ordinary turnover within their organizations. Corporations are downsizing as the internal economic activity shrinks. This is directly related to the September jobs data.
Meanwhile, through deportation and cutting off the avenues of illegal alien subsistence in America, Trump is putting pressure on the parasite class of illegal migrants and a portion of those are fleeing to Canada. Trump is transferring the economic dependency to Carney.
So Mark Carney is selling off Canada to prove he's as tough and as smart as Donald Trump. He's willing to wreck the whole country. But why shouldn't he; he can always go back to Europe and run some fool agency there when it all goes south.
My father said when he was in the infantry they used to tell the men "I want to see asses and elbows" meaning to get moving. That is what we'll see from Mark Carney when this all falls apart.
Posted by: Timothy Birdnow at
02:02 PM
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I dont know what happened to the people of Alberta and their movement to break from the Canadian federation.Did it run out of steam or did its leaders get bought off. Regardless, maybe this will revitalize them and put them back onto the path of statehood before Cuba.
Posted by: Mike at October 09, 2026 09:12 PM (r7WVt)
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