Controlled demolition of the economy...

[MrSmith]

Canada is already in a recession… what happened?

Technically, we’re supposed to wait: wait for GDP. Wait for economists to confirm it.

But the economy doesn’t wait.

Canada has lost over 100,000 jobs in two months after an economy that already contracted in Q4 2025.

Full time jobs are collapsing… not part time noise.
Unemployment is 6.7%.
Youth unemployment is over 14%.
Private sector jobs are falling.
Participation is dropping.

Manufacturing is being hit… with tariffs adding pressure to weakening demand.

And housing… one of the pillars of this economy…

Only 269 new homes sold in Toronto in January. One of the lowest levels on record.

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We didn’t crash… we drifted

For years, growth has been driven by population, housing, and government spending… not productivity.

GDP per capita flat to declining.
Canada invests less per worker than the U.S.
The U.S. produces roughly 40% more per person.

We delayed projects.
Added layers.
Waited.

And eventually… we stopped building.

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Then we stopped owning our own economy

Canada’s digital economy is about $300 billion.

We participate in it. We don’t own it.

Only about 12% of patents developed here are Canadian-owned.

We train the talent.
Fund the research.
Build the ideas.

Someone else captures the value.

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We expanded the wrong things

Roughly a quarter of employment is tied to government or publicly funded sectors.

Government matters… but it doesn’t create productivity.

Growth comes from producing more… and owning more.

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And now… we’re adding pressure at the worst possible time

Mark Carney is trying to transition the economy.

The industrial carbon tax increases April 1.

As businesses pull back… costs go up.

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Meanwhile… we’re leaving growth on the table

A report from ATB Financial estimates pipeline expansion could add $30B a year to GDP.

We are a decade behind.

Projects stall.
Capital leaves.
Jobs follow.

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Trump didn’t cause this… but he exposed it

Donald Trump didn’t create Canada’s weakness.

Tariffs and “Buy American” are hitting manufacturing at a time the economy is already weakening.

Source:
https://www.facebook.com/share/p/1BjboviN5G/