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25-1-23 What would a Canada-U.S. tariff war actually look like? | CBC > .
24-7-16 (Failed) Race For The Arctic - gtbt > .
24-7-1 P00ti lost Ruscia's Arctic dominance to Xina & Baltic NATO forces | Forces > .24-7-22 LNG Canada - B1M > .
24-4-20 Canadian Defense Spending is a Joke | Solutions? - Waro > .24-4-6 Australia & Canada - 2 Economies, 1 Set of Flaws | Econ > .
24-2-24 Canada Can't Solve It's Population Problem with Immigration - EcEx > .
23-11-23 How much federal debt can Canada carry? | About That | CBC > .
23-11-13 How US Lost Thousands Of High-Skilled Workers To Canada - CNBC > .
23-7-23 Arctic is heating fast! - Just > . Arctic Straits > .
23-7-21 Canada’s Arctic Patrol Ships Will Secure the Northern Frontier - USNI > .
23-3-1 CSIS & How Xina Bought Canada’s Elections - Uncensored > .
22-12-28 Demographics Part 2: The Canadian Treadmill...Stops - PZ > .
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Canada : The water superpower - AtCan > .
Canada is one of the richest and most prosperous countries in the world, and has one of the highest levels of quality of life. However, things weren't always this good in Canada. Between the 80s and 90s the country suffered a severe crisis that shook its solvency.
Geopolitics of Canada - CaRe > . skip ad > .
1 CE to 2024 Mapping History of the Arctic - Tigerstar > .
The Canadian Economy is a paradox, highly advanced but dependent on natural resources. As the world’s second largest country, land has always played a huge role. Though over time, this has led to speculation over just how dependent Canada’s Economy is on land directly, possessing the third largest oil reserves in the world and increasingly, a booming housing market.
Raising some key questions. Such as how dependent is Canada on oil? What role have Canada's free trade agreements played? And is the Canadian housing market a bubble?
Raising some key questions. Such as how dependent is Canada on oil? What role have Canada's free trade agreements played? And is the Canadian housing market a bubble?
Last week, the US Treasury bond market started crashing. Canada holds (or held) about $370B in US Treasury bonds. Two days ago, Barron's posted an article that said, "The latest selloff was led by Canada, the data showed. Adding to the concern about foreign selling is that other currencies have tumbled against the dollar, giving foreign central banks a reason to sell Treasuries and use the dollars to buy their own currencies to prop them up." Japan, who is the largest holder of US Treasury bonds - about $1 trillion also started selling off their bonds.
This is brilliant and explains why our dollar has been rising while the US dollar is dropping a lot. Canada off-loaded our US Treasury Bonds to devalue the US dollar and boost our own. On March 11, the Government of Canada launched a five-year US$3.5 billion global bond, with an order book exceeding US$13.9 billion, underscoring investor confidence in Canada’s resilient economy, sound fiscal position, and AAA credit ratings. What does that mean? It means Investors are moving their money to Canada because of the instability in the US, the US market, and the US administration.
For context, around the US, Moody's stated on March 26: "Moody’s Warns Recent Policy Decisions Worsen U.S. Fiscal State, Maintains Negative Outlook Rating". Fitch and the S&P have the US listed at AA+ from AAA after they were downgraded in 2023; Moody's still has them at AAA. Fitch and the S&P have the US outlook as stable, but Moody's has them as negative. Canada currently holds a AAA credit rating from two major credit rating agencies, Standard & Poor's and Moody's. DBRS also rates Canada at AAA. These ratings are considered high-grade and indicate that the Canadian government is considered a low-risk borrower. Canada is one of the few countries in the world with a AAA credit rating from at least two of the top global rating agencies.
This is what a Global Economist with a PhD in economics from Oxford does for a country when faced with economic intimidation, bullying, and strong arming.
PM Carney has also pulled the F-35 contract to source fighter jets from Europe, and about a month ago, France had nuclear submarines sitting in the harbour in Nova Scotia.
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