Halifax Tar
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We share a lot of common ground.
Liberal (Minority/Majority) Government 2025 - ???
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We share a lot of common ground.
daftandbarmy
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remember it well and that could be one of the principal reasons that he lost.
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Carney attributes ‘weakness’ in economic data to lower immigration targets
Economists say it’s premature to determine if Canada has fallen into recession, but Poilievre has seized on the term
www.theglobeandmail.com
Carney also cites less immigration for the smaller economy.
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It's good. A recession will be medicine for the economy. It will force companies to invest in innovation and efficiency.Carney attributes ‘weakness’ in economic data to lower immigration targets
Economists say it’s premature to determine if Canada has fallen into recession, but Poilievre has seized on the term
Carney also cites less immigration for the smaller economy.
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It's not a recession by usual metrics. This is like 10 people each having 10 dollars in a room.
100 dollars.
1 person leaves.
90 dollars in the room.
Technically the room (GDP) is lower by 10 percent, but nobody is any less wealthy.
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Overall it’s not good news.Carney attributes ‘weakness’ in economic data to lower immigration targets
Economists say it’s premature to determine if Canada has fallen into recession, but Poilievre has seized on the term
Carney also cites less immigration for the smaller economy.
Lowering the temporary worker numbers, lowering the international student numbers, lowering the number of immigrants over last year, this year and the next few years will all have a negative impact on the overall economy. It’s a numbers game.
The hope is that all of this leads to a greater participation rate for those already here and in turn, a lower unemployment rate. It also, hopefully, puts downward pressure on the rental market as well through less temp workers, less intl students and less immigrants.
daftandbarmy
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At this rate, everyone will be working for government before too long (at home)
More businesses have been closing than opening in Canada. It’s time to admit it: We’re in an entrepreneurial drought
High costs, red tape, labour challenges and never-ending uncertainty discouraging the next generation of entrepreneurs
More businesses in Canada have closed than opened for six consecutive quarters, and more than half (55%) of small business owners say they would not recommend starting a business right now, according to new research by the Canadian Federation of Independent Business (CFIB).
CFIB’s new report, Canada’s Entrepreneurial Drought, Part 1: The Shrinking Business Landscape, is the first in a two-part series examining the growing imbalance between business creation and closures across the country.
The entrepreneurial drought, a sustained period of four or more quarters where business exits outpace new business entries, has been ongoing since early 2024. While the overall trend of business creation in Canada has been declining since mid-1980s, openings had mostly outpaced business closures. That’s not the case anymore. In the second quarter of 2025, exit rates reached 5.6%, while entry rates fell to 4.8% in Q4 2025, marking some of the highest closure rates and weakest startup activity outside the pandemic.
“Small businesses have watched governments hand out billions of dollars to multinationals while ignoring the realities on Main Street. Governments need to wake up. If we want a more productive and competitive economy tomorrow, we need more small businesses today,” said Michelle Auger, CFIB director of trade and marketplace competitiveness. “Small business priorities should be government priorities. That means reducing taxes, cutting red tape, and promoting investment and entrepreneurship across the country.”
The challenges behind the entrepreneurial drought go beyond business entry and exit trends. Two‑thirds of small firms said they feel unsupported by their provincial governments, only 3% strongly believed their government had a clear vision for entrepreneurship, while 73% are not confident in the federal government. High costs, tax and payroll pressures, complex rules, red tape, and ongoing labour challenges against a backdrop of persistent global uncertainty, all make entrepreneurship more difficult and less attractive.
More businesses have been closing than opening in Canada. It’s time to admit it: We’re in an entrepreneurial drought
Canada is an entrepreneurial drought, finds a new report by the Canadian Federation of Independent Business (CFIB)
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But, if the room still has to pay the same Rogers internet bill, rent, and utilities, then each person has to pay a larger share. Nobody became poorer individually, but some things become more expensive per person. Yeah?
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This July will mark my 21st year of working for myself. I left full time employment with IBM and incorporated 4 months before the birth of our first child. I was very concerned but I had nailed a 1yr contract with a full 2 month break fee baked into the contract and an auto renewal 2 months before the contract end date, so I rolled the dice. Over the soon to be 21yr period I’ve managed to never have a ‘down day’ between contracts and if I can continue like this I should be able to retire in 5-6yrs at 62.At this rate, everyone will be working for government before too long (at home)
More businesses have been closing than opening in Canada. It’s time to admit it: We’re in an entrepreneurial drought
High costs, red tape, labour challenges and never-ending uncertainty discouraging the next generation of entrepreneurs
More businesses in Canada have closed than opened for six consecutive quarters, and more than half (55%) of small business owners say they would not recommend starting a business right now, according to new research by the Canadian Federation of Independent Business (CFIB).
CFIB’s new report, Canada’s Entrepreneurial Drought, Part 1: The Shrinking Business Landscape, is the first in a two-part series examining the growing imbalance between business creation and closures across the country.
The entrepreneurial drought, a sustained period of four or more quarters where business exits outpace new business entries, has been ongoing since early 2024. While the overall trend of business creation in Canada has been declining since mid-1980s, openings had mostly outpaced business closures. That’s not the case anymore. In the second quarter of 2025, exit rates reached 5.6%, while entry rates fell to 4.8% in Q4 2025, marking some of the highest closure rates and weakest startup activity outside the pandemic.
“Small businesses have watched governments hand out billions of dollars to multinationals while ignoring the realities on Main Street. Governments need to wake up. If we want a more productive and competitive economy tomorrow, we need more small businesses today,” said Michelle Auger, CFIB director of trade and marketplace competitiveness. “Small business priorities should be government priorities. That means reducing taxes, cutting red tape, and promoting investment and entrepreneurship across the country.”
The challenges behind the entrepreneurial drought go beyond business entry and exit trends. Two‑thirds of small firms said they feel unsupported by their provincial governments, only 3% strongly believed their government had a clear vision for entrepreneurship, while 73% are not confident in the federal government. High costs, tax and payroll pressures, complex rules, red tape, and ongoing labour challenges against a backdrop of persistent global uncertainty, all make entrepreneurship more difficult and less attractive.
More businesses have been closing than opening in Canada. It’s time to admit it: We’re in an entrepreneurial drought
Canada is an entrepreneurial drought, finds a new report by the Canadian Federation of Independent Business (CFIB)www.cfib-fcei.ca
You miss 100% of the shots that you don’t take.
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Yeah, smaller pool paying for ever increasing services and whatnot.
Or in this scenario, the bill for food comes due and everyone needs to pay more because that one person left.
But we as Canadians decided that the LPC was bringing in way too many immigrants and throwing a bunch of other sectors out of whack so now we are actively shrinking. That comes with its own set of consequences but thats what we all collectively wanted, no?
Halifax Tar
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Plug your nose take your Buckleys.
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Closest recently? December 2024 Conservatives at 45% and the Liberals at 20% among decided voters - a 25-point lead.
The Liberal 16 point lead is still respectable.
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Like a "Blue Seal" for health care professions ?
Like many relationships, however, "It's complicated" .
For example,
Paramedics in other provinces are self-regulated.
Paramedics in Ontario are government regulated.
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Not so fast.
The problem with your analogy here is that you're assuming the only variable is the number of people in the room. If the room was already overcrowded and the rent, food, and utilities were rising faster than incomes, adding more people doesn't automatically make everyone better off.
Also we didn't collectively decide to shrink the country. Many people wanted immigration levels reduced because housing, healthcare, and infrastructure weren't keeping pace with population growth. Slower growth may have economic costs, but so did the previous approach.
And we're still growing even with reduced immigration.
Certain diaspora of people coming in are bringing a lot of crime, death, and carnage.
No one ever adds in the social costs do they? Courts, legal services, prison costs, social services, policing not to mention the costs of adding in a security system and the associated stress: it all adds up
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Slowing down.
It's simplified. And i agree, those issues were issues.
And i agreed with it. But i cannot sit here in good faith and begrudge slower economic growth and a technical recession because of it.
We are not growing. We are actively shrinking.
Unless youre talking about the economy, in which case overall we are growing, but even if the economy contracts a bit, it's par for the course for a shrinking population.
Sure.
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Agreed. But we cannot have it both ways.
We cannot support a shrinking population while at the same time complaining about slower economic growth.
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Like at APS or after BMQ grad at Pet, Shilo Valcartier etc.....
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