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Is that good or bad news for someone with money tied up in private mortgage lenders?
Liberal (Minority/Majority) Government 2025 - ???
- Thread starter Altair
- Start date
New National Security Plan:
Halifax Tar
Army.ca Legend
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C'mon man. Its perfect. Its exactly where we should be. And any fault is not our's or our Government's. Its America's!
Cant you see how amazing things have got in the last 1.5 years ?
HavokFour
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Only had time to skim through this a little myself.
Point 38 is about wildfire management, of the 50 DHC-515 announced a while back 24 of them are going to the EU.
So 26 for Canada.
www.pm.gc.ca
Point 38 is about wildfire management, of the 50 DHC-515 announced a while back 24 of them are going to the EU.
So 26 for Canada.
Joint Statement: Canada and the European Union building together an Alliance for the Future
Today we, the Leaders of Canada and the European Union (EU), at our 21st Summit in Montréal, launch the Canada-EU Alliance for the Future to create a common prosperity and economic security space.
PrairieFella
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26 is a helluva fleet growth.Only had time to skim through this a little myself.
Point 38 is about wildfire management, of the 50 DHC-515 announced a while back 24 of them are going to the EU.
So 26 for Canada.
Joint Statement: Canada and the European Union building together an Alliance for the Future
Today we, the Leaders of Canada and the European Union (EU), at our 21st Summit in Montréal, launch the Canada-EU Alliance for the Future to create a common prosperity and economic security space.
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Not really...
Especially when you consider it's replacing existing CL-215 and CL-415's. Of that 26 number Alberta has ordered 5 (up one from it's current 4), Ontario 6 (currently has 9 CL-415's so less than replacement) and Manitoba 3 (unclear current fleet #'s).
Or to put it in perspective wikipedia has 28 CL-215/215ST 's in use in Canada and another 26 CL-415's.
Europe has for comparision (all under national colors) :
CL-215 - 30 total (Moroco- 3, Portugal- 3, Spain -14, Greece -10)
CL-415 - 52 total (Croatia -6, France 12, Greece 7, Italy 18, Morocco 5, Spain 4)
That only leaves a few airframes in the US and Malaysia left.
On a more positive note there is a commitment to increase cross training which is good as Portugal, Spain and France came to Canada (2023 Quebec fires) and France again this summer (2026 Quebec fires). Unfortunately we get alot of fires in Canada and for some parts of Europe it's definitely skill sets they are not as used to using....
At this point I'm just not clear on whether it will be a CIFFC to EU agreement or CIFFC to nation/state agreement...both examples are currently in use today.
PrairieFella
Army.ca Veteran
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Ah. Replacement. I thought this was a supplement to current fleets.
HavokFour
Army.ca Veteran
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Some goodish news.
www.ctvnews.ca
Canada posts $5.36B deficit for first five months of 2026-27 fiscal year
The federal government posted a deficit of $5.36 billion for the first five months of its 2026-27 fiscal year.
www.ctvnews.ca
Likewise. With the scarcity of airframes I can't see anyone divesting of a serviceable a/c. Maybe sideline them as backups but certainly not disposal. I haven't read where they are replacing any of the current airframes. I wonder though about the phrasing of the joint statement where they mention the purchase and procurement of a/c and equipment from both Canada and Europe. Is there efforts being made to entice DE Havilland into establishing a second assembly line somewhere in Europe or am I reading more into it than I should?
Halifax Tar
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Some goodish news.
Canada posts $5.36B deficit for first five months of 2026-27 fiscal year
The federal government posted a deficit of $5.36 billion for the first five months of its 2026-27 fiscal year.
This is good.
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I suspect that the argument would be similar to what people say about assembling military aircraft in Canada; 25 airframes isn't much of production run. It's a niche aircraft and the reason BBD closed its line was because everybody who wanted one had one - until they wanted more.
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As I understand it from reading the Federal news releases is that there may be a second line started up here in Canada to accelerate the delivery schedule. I believe Viking is also looking at more than just the CL-515 production as they also have the rights to all the old De Havilland product lines (Twin Otters, Buffalos, Beavers etc.) and have been producing a small number of new airframes.
There is a capacity difference between the CL-215 and -415...but even the -415 airframes are a minimum 10 years old and up to 23 years. It's also high stress flying (i.e. hard on airframes) so I'm sure there's a small fleet of aerospace engineers looking at structural aspects and maintanaince schedules for things like wing spars.
The CL-215's started in 1966...that means some are 60 years old...and the newest airframe is 36 years old. That's a ton of miles.
CL-215ST are an odd mix of original CL-215's that have undergone full re-builds and would be considered "newer" airframes than the original construction date. Quebec, Saskatchewan and Alberta have these models for example.
I'm honestly not sure if they are replacements or new capacity...but the age of aircraft has me leaning towards replacement especially as we're looking at another 5+ years before the Canadian orders start coming off the line due to Canadian provinces being slower to place orders than Europe.
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A slow sustained line of 4/year would mean a fleet of 100 being retired at the 25 years point. (Or taken on my some of the more adventurous and creative small operators).
ArmyRick
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OK, bear with me. Mods, this may be more appropriate in a jokes thread.
It is from "This Guys's Garage" Youtube page and usually he offers zero commentary and just shows what was going on in parliament and committee, letting you decide for yourself, what you think.
This one time, he did go partisan and portray Minister Champagne in a "new version" so to speak. Enjoy, odly it matches his voice.
It is from "This Guys's Garage" Youtube page and usually he offers zero commentary and just shows what was going on in parliament and committee, letting you decide for yourself, what you think.
This one time, he did go partisan and portray Minister Champagne in a "new version" so to speak. Enjoy, odly it matches his voice.
daftandbarmy
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I guess he didn't put the WE scandal in his resume. Good luck CIBC! 
www.ctvnews.ca
CIBC names former finance minister Bill Morneau as next board chair
CIBC is naming former federal finance minister Bill Morneau as the next chair of its board of directors.
www.ctvnews.ca
Trudeau cleared in WE Charity scandal but former finance minister broke conflict law, says ethics watchdog
Both men had apologized for not recusing themselves from cabinet deliberations
Whoops. Bad look for Morneau.I guess he didn't put the WE scandal in his resume. Good luck CIBC!
CIBC names former finance minister Bill Morneau as next board chair
CIBC is naming former federal finance minister Bill Morneau as the next chair of its board of directors.
Trudeau cleared in WE Charity scandal but former finance minister broke conflict law, says ethics watchdog
Both men had apologized for not recusing themselves from cabinet deliberations
Worth noting that this same ethics commissioner has found former PM Trudeau in breach of Conflict of Interest on a previous investigation (SNC Lavalin), so he’s willing to hold Trudeau accountable when the facts of an individual investigation support it.
The next round of byelections has been called for December 7th.
Three ridings in Quebec, two in Ontario, one in Saskatchewan. Likely PM Carney will be able to secure his majority to the tune of a couple more seats. 3-4 is a reasonable guess. Currently he needs 172 and has 173, so one or two truculent MPs can cause a fair bit of a problem if they wish. Getting that up to 176 or so would probably be a welcome relief.
Three ridings in Quebec, two in Ontario, one in Saskatchewan. Likely PM Carney will be able to secure his majority to the tune of a couple more seats. 3-4 is a reasonable guess. Currently he needs 172 and has 173, so one or two truculent MPs can cause a fair bit of a problem if they wish. Getting that up to 176 or so would probably be a welcome relief.
daftandbarmy
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70,000 people allowed into the plan who shouldn't have been, 10s of millions of $ handed out in error and will not be recovered...
I don't recall this being a big thing in the press.
Tens of thousands of people were mistakenly approved for coverage under the public dental insurance program, Health Canada said Tuesday.
Roughly 70,000 people were approved for coverage under the plan but were later deemed ineligible or had been assessed for an incorrect copayment level, a news release from Health Canada said.
Of those who were inaccurately assessed, roughly 28,000 people actually received care under the plan.
https://www.cbc.ca/news/politics/system-error-health-canada-dental-insurance-plan-9.6947506
I don't recall this being a big thing in the press.
Tens of thousands mistakenly approved for dental coverage, Health Canada says
Tens of thousands of people were mistakenly approved for coverage under the public dental insurance program, Health Canada said Tuesday.
Roughly 70,000 people were approved for coverage under the plan but were later deemed ineligible or had been assessed for an incorrect copayment level, a news release from Health Canada said.
Of those who were inaccurately assessed, roughly 28,000 people actually received care under the plan.
https://www.cbc.ca/news/politics/system-error-health-canada-dental-insurance-plan-9.6947506
HavokFour
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Speaking of...
We'll see how much of the CPC vote ends up splitting between Davis and Carroll.
Liberal Party announces its candidate for Brantford-Brant South byelection
Voters are getting a clearer picture of who will be on the ballot for the upcoming byelection in Brantford-Brant South.
www.ctvnews.ca
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