Tag: Bank of Canada
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Canada’s Race to the Bottom: How Ballooning Deficits Are Fueling the Cost-of-Living Death Spiral
@MarketManiaCa cut through the noise with a stark warning: “The printing press is on fire.” It highlighted Canada’s federal budgetary deficit surging 32% year-over-year to $25.5 billion for the April-to-February period of the 2025-26 fiscal year—up from $19.3 billion the year before. The post’s blunt message? More “money” equals less value, and that’s why everyday…
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Canada is Moving Forward on a Framework for Stablecoins
With the recent Royal Assent of Bill C-15, Canada is moving forward on a framework for stablecoins. The Department of Finance has begun the development of regulations to support safe, reliable digital payment options for Canadians. Finance Canada announced Royal Assent of Bill C-15, launching a regulatory framework for fiat-backed stablecoins issued by non-bank entities…
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A Bank of Canada Study Shows the New Canadian Dream is to Leave Canada
Those Who Can Leave Canada Are Leaving.—The Rest Will Pay the Price. The Bank of Canada Just Confirmed It. Canada finally found a way to boost exports. It’s exporting its best people. A Bank of Canada study shows 40% of Canadians capable of reaching top 1% U.S. earnings have already left for the United States.…