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Unemployment Surges as Trudeau’s Policies Wreak Havoc on the Economy

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The Opposition with Dan Knight

From The Opposition News Network

By Dan Knight

Let’s get real, folks. You look around, and it doesn’t take a PhD in economics to know something is seriously wrong. Unemployment’s ticking up to 6.6%, and wages? They’re not even keeping pace with inflation. Canadians are working harder than ever, yet the cost of everything—from the food you put on the table to the roof over your head—is spiraling out of control. And who’s at the wheel of this runaway train? Justin Trudeau, that’s who.

Trudeau’s government has unleashed a storm of reckless policies that are driving inflation through the roof. And what’s their solution? They’ve forced the Bank of Canada into a corner, leaving them with no choice but to keep rates above 4% interest rates at 4.25%. The result? Ordinary Canadians are feeling the squeeze like never before, struggling just to make ends meet. This isn’t some fluke; it’s a direct consequence of Trudeau’s economic mismanagement.

But here’s the kicker. While Canadians are tightening their belts, Trudeau’s government is flooding the country with immigrants, artificially inflating the GDP so they can keep funding their ridiculous green energy fantasies. That’s right. Instead of focusing on real, sustainable economic growth, Trudeau is pushing the numbers with mass immigration to cover up the economic disaster he’s created.

Think about that. You’re paying more for your groceries, your gas, your mortgage—all because Trudeau wants to make his government look good on paper. But it’s you who’s footing the bill.

Housing Crisis? That’s On Trudeau

Why can’t you afford a house anymore? Why are young families, people who grew up in this country, completely locked out of the housing market? The answer is simple—*it’s Justin Trudeau’s fault*.

Let’s be clear. The Bank of Canada has openly admitted that the housing crisis is a result of excess demand. But here’s what they’re not shouting from the rooftops: *that demand isn’t homegrown*. Trudeau’s open-door immigration policy has flooded the market, pushing housing prices through the roof. He’s not bringing in record numbers of immigrants because it’s good for Canada; he’s doing it to boost GDP artificially. The problem? That so-called “growth” is driving Canadians out of their own housing market.

You’ve got ordinary Canadians, people who’ve worked their whole lives, now completely priced out of homeownership because Trudeau has cranked up demand with his immigration policies. And while he’s busy making his numbers look good, you’re the one left without a chance to buy a home.

And what’s the solution Trudeau offers? Higher interest rates. That’s right. The Bank of Canada has been forced to keep rates above 4% (4.25%) just to cool down the mess Trudeau created. So now, not only are you dealing with sky-high prices, but the higher interest rates mean if you do somehow scrape together enough to buy a house, you’re stuck with a mortgage you can’t afford.

This isn’t just incompetence. It’s a deliberate strategy by Trudeau to artificially inflate the economy through immigration, all while making life harder for the average Canadian. This is the Trudeau legacy: inflated numbers on paper, while regular Canadians suffer in reality.

The Reality of Trudeau’s Policies

Everything costs more under Trudeau—everything. From your grocery bill to your taxes, life has gotten more expensive. But let’s not pretend this is some random economic downturn. This is the result of deliberate policies designed to make Trudeau look like he’s growing the economy. In reality, he’s burning through taxpayer dollars, and making life harder for the people who are actually *keeping this country going*—you.

And here’s the worst part: it’s not going to get better. As long as Trudeau is in charge, you’re going to keep seeing rising costs, more immigration to mask the economic stagnation, and higher interest rates making it impossible for Canadians to get ahead.

It’s time to stop pretending this is some unavoidable consequence of global forces. This is Justin Trudeau’s Canada, and the reality is, you’re being priced out of your own country.

Why Everything Costs More

Here’s the ugly truth: under Trudeau, everything costs more—much more. Groceries? Skyrocketing. Taxes? You can barely keep track of how many you’re paying. Energy bills? Forget it. These price hikes aren’t a coincidence—they’re a direct result of Trudeau’s reckless economic policies. This isn’t an accident; it’s the result of a deliberate plan to reshape Canada’s economy into some kind of climate-change fantasyland, and you’re the one paying for it.

Trudeau’s inflation problem started with his wild spending. The government kept printing and spending money, and soon enough, we had 8.1% inflation. While they love to pat themselves on the back for bringing it down to 2.5%, the reality is prices aren’t coming down. Groceries are still unaffordable. You’re paying 15-20% more for the basics like meat, vegetables, and even milk. Your wallet hasn’t seen any relief, despite their so-called victory lap.

Now, let’s talk about energy. Trudeau’s green energy agenda is a black hole sucking up billions in taxpayer dollars. Billions spent on unproven clean tech projects, and yet, have you seen your energy bills drop? Of course not. They’ve gone up. The kicker is, while Trudeau spends your money on windmills and electric buses that no one can afford, your gas and heating bills have soared. You’re being told to tighten your belt, but the government is lighting taxpayer dollars on fire.

Oh, and don’t forget taxes. Every time you turn around, there’s a new tax or an increase to an existing one. Carbon taxes, fuel taxes—everything is designed to make life more expensive. You’re paying more at the pump because of Trudeau’s so-called climate policies. Every single tax increase hits the working-class Canadian, the family just trying to get by. Meanwhile, Justin and his globalist buddies are laughing all the way to their next climate summit in a private jet.

A Trump Factor to Watch

And if you think this is bad, just wait. If Donald Trump wins re-election, Trudeau’s green pipe dream might come crashing down. Trump has promised to roll back Biden’s climate change initiatives. No more wind farms, no more billions funneled into solar power plants that never seem to get built. If Trump dismantles these climate policies, Trudeau’s entire green energy house of cards falls apart. Canada is deeply tied to U.S. climate cooperation—without it, Trudeau is left holding an empty bag. And what happens then? *You* will pay the price again as the government scrambles to find another way to fund their utopian schemes.

But it’s not just Trudeau’s climate pipe dreams that Trump could affect. Trump has been crystal clear—he’s bringing back tariffs, and Canada’s already weak GDP will take another hit. With Trudeau’s economic mismanagement, we can’t afford to take another blow. If Trump slams down new tariffs on Canadian goods, we’re looking at fewer jobs, higher prices, and an even deeper recession. Trudeau has left Canada exposed, and we’re the ones who will suffer for it.

Trudeau’s Legacy: Pain for the Average Canadian

Let’s face it—Trudeau’s legacy is one of pain for the average Canadian. He’s bloated the government, jacked up immigration numbers to artificially inflate GDP, and used that growth to justify even more spending. But who’s benefiting? Not you. Wages are stagnant, while the cost of living has gone through the roof. Why? Because the demand for everything from housing to groceries is being driven by immigration policies that Trudeau is using to fund his agenda. This isn’t about building a better Canada; it’s about maintaining the illusion of growth by bringing in more people to mask his economic failures.

Why can’t you buy a house? Because Trudeau’s open-door immigration policy has created an artificial demand for housing that has nothing to do with Canadians. The Bank of Canada has admitted it—excess demand is driving up housing costs. But here’s the kicker: this demand isn’t from Canadians trying to buy their first home. It’s from a government that’s using immigration as a crutch for economic growth that doesn’t actually exist. Meanwhile, you, the hard-working Canadian, are priced out of the market. You’re paying more, and Trudeau doesn’t care.

From taxes to groceries to housing, everything costs more under Justin Trudeau. And it’s all part of a grand scheme to push his climate agenda while using *your* hard-earned money to do it. So the next time you see your grocery bill or try to pay your heating bill, remember: this is the Canada Justin Trudeau built. How much longer can Canadians endure this? How much more can you take?

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A new federal bureaucracy will not deliver the affordable housing Canadians need

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Governments are not real estate developers, and Canada should take note of the failure of New Zealand’s cancelled program, highlights a new MEI publication.

“The prospect of new homes is great, but execution is what matters,” says Renaud Brossard, vice president of Communications at the MEI and contributor to the report. “New Zealand’s government also thought more government intervention was the solution, but after seven years, its project had little to show for it.”

During the federal election, Prime Minister Mark Carney promised to establish a new Crown corporation, Build Canada Homes, to act as a developer of affordable housing. His plan includes $25 billion to finance prefabricated homes and an additional $10 billion in low-cost financing for developers building affordable homes.

This idea is not novel. In 2018, the New Zealand government launched the KiwiBuild program to address a lack of affordable housing. Starting with a budget of $1.7 billion, the project aimed to build 100,000 affordable homes by 2028.

In its first year, KiwiBuild successfully completed 49 units, a far cry from the 1,000-home target for that year. Experts estimated that at its initial rate, it would take the government 436 years to reach the 100,000-home target.

By the end of 2024, just 2,389 homes had been built. The program, which was abandoned in October 2024, has achieved barely 3 per cent of its goal, when including units still under construction.

One obstacle for KiwiBuild was how its target was set. The 100,000-home objective was developed with no rigorous process and no consideration for the availability of construction labour, leading to an overestimation of the program’s capabilities.

“What New Zealand’s government-backed home-building program shows is that building homes simply isn’t the government’s expertise,” said Mr. Brossard. “Once again, the source of the problem isn’t too little government intervention; it’s too much.”

According to the Canadian Mortgage and Housing Corporation, Canada needs an additional 4.8 million homes to restore affordability levels. This would entail building between 430,000 to 480,000 new units annually. Figures on Canada’s housing starts show that we are currently not on track to meet this goal.

The MEI points to high development charges and long permitting delays as key impediments to accelerating the pace of construction.

Between 2020 and 2022 alone, development charges rose by 33 per cent across Canada. In Toronto, these charges now account for more than 25 per cent of the total cost of a home.

Canada also ranks well behind most OECD countries on the time it takes to obtain a construction permit.

“KiwiBuild shows us the limitations of a government-led approach,” said Mr. Brossard. “Instead of creating a whole new bureaucracy, the government should focus on creating a regulatory environment that allows developers to build the housing Canadians need.”

The MEI viewpoint is available here.

* * *

The MEI is an independent public policy think tank with offices in Montreal, Ottawa, and Calgary. Through its publications, media appearances, and advisory services to policymakers, the MEI stimulates public policy debate and reforms based on sound economics and entrepreneurship.

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Ottawa Funded the China Ferry Deal—Then Pretended to Oppose It

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The Opposition with Dan Knight

While Beijing-backed hackers infiltrated Canadian telecoms, federal and B.C. leaders quietly financed a billion-dollar shipbuilding deal with a Chinese state firm—then tried to pass the buck.

So just to recap—because this one’s almost too absurd to believe: BC Ferries cuts a billion-dollar deal with a Chinese state-owned shipyard to build four new ferries. Canada’s Deputy Prime Minister Chrystia Freeland—always quick to perform outrage when the cameras are on—writes a stern letter saying how “dismayed” she is. She scolds British Columbia for daring to do business with a hostile foreign regime that’s literally attacking our critical infrastructure in real time.

And then—wait for it—it turns out her own federal government quietly financed the whole thing.

Yes, really.

According to an explosive report from The Globe and Mail, the Canada Infrastructure Bank—a federal Crown corporation—provided $1 billion in low-interest financing for the very same China shipbuilding deal Freeland claimed to oppose. The contract was signed in March 2025. The outrage? That only came later, when the public found out about it in June.

Freeland’s letter to BC’s Transportation Minister was loaded with warnings. She talked about China’s “unjustified tariffs” and “cybersecurity threats.” She demanded assurances that “no federal funding” would support the purchase. But what she didn’t mention—what she conveniently left out—was that Ottawa had already cut the cheque. The financing was already in place. The loan had been approved. Freeland just didn’t say a word.

And when reporters asked for clarification, what did her office say? Nothing. They passed the buck to another minister. The new Infrastructure Minister, Gregor Robertson, now claims the government had “no influence” in the procurement decision. No influence? You loan a billion dollars to a company and have no opinion on where it goes?

Let’s be clear: This wasn’t some harmless miscommunication. If it wasn’t a cover-up, then it was sheer incompetence—the same brand of incompetence that’s driven our shipyards into obsolescence, our economy into dependence, and our country into managed decline. An entire federal cabinet stood by, watched this unfold, signed the cheque—and then pretended they had nothing to do with it.

And British Columbia’s government? Just as bad. Premier David Eby, the man who pretends to champion “BC First,” claims he was “not happy” with the China deal but says it’s “too late” to change course. Too late? This isn’t an asteroid heading for Earth. It’s a contract. And contracts can be rewritten, canceled, renegotiated—if anyone in charge had the political will to stand up and say, “No, we don’t hand billion-dollar infrastructure projects to hostile regimes.”

But instead, we get excuse after excuse. They say BC Ferries is independent. They say there was no capacity in Canada. They say we had no choice. All the while, Canadian shipyards sit idle, unionized workers are frozen out, and the Canadian taxpayer is stuck subsidizing Chinese shipbuilding—and Chinese espionage.

Because while all of this was happening, we now know that a Chinese state-sponsored hacking group called Salt Typhoon was actively breaching Canadian telecommunications networks. That’s not speculation—it’s confirmed in a federal cyber security bulletin dated June 19, 2025.

Chinese actors exploited a vulnerability in Cisco equipment and infiltrated the networks of at least one major Canadian telecom provider. They pulled config files, rerouted traffic through GRE tunnels, and monitored call metadata and SMS communications. Translation: They were spying. On us. On officials. On infrastructure.

So let’s break this down. In February, China hacked Canadian telecoms. In March, Canada quietly finances a massive shipbuilding contract with China. In June, Freeland pretends to be outraged—while hiding the fact that her own government bankrolled it.

And now we’re told, “There’s nothing to see here. No jurisdiction.”

Really?

Freeland has jurisdiction when it comes to issuing carbon taxes, banning handguns, and lecturing citizens about disinformation—but somehow has no jurisdiction when her own Infrastructure Bank gives a billion dollars to build ships in a country that’s attacking our networks and undermining our democracy?

And it gets worse. The interest rate on the loan? Just 1.8%. That’s below market. That’s a subsidy, plain and simple. The financial gap will be recorded as government funding. So even if the Liberals want to play word games about “no direct funding,” that distinction is meaningless. The money came from taxpayers. It went to BC Ferries. It ended up in the hands of the Chinese Communist Party.

So what do we call this? It’s not economic strategy. It’s not climate policy. It’s not forward-looking infrastructure planning.

It’s decline. Managed decline.

It’s a government that tells Canadians we’re too broke, too slow, too divided to build our own ships. So we’ll just outsource it. To the same regime our intelligence services say is spying on us and interfering in our elections.

This was a test. A big one. And the people who told you they were going to put “Canada First”—people like David Eby and Mark Carney—failed that test spectacularly. When it came time to make a real choice—stand with Canadian workers, Canadian industry, and Canadian sovereignty—or cave to foreign pressure and cheap outsourcing, they chose China.

And then they lied about it.

But Canadians aren’t stupid. We know what leadership looks like—and this isn’t it. We don’t need more slogans. We need action. We need courage. We need people in government who actually believe in this country and the people who built it.

Because Canada can build ships. Canada can defend its infrastructure. And Canada should never hand over critical national projects to a regime that’s actively working against our interests.

If this is what “Canada First” looks like under the Liberals and the BC NDP, then we need something better. It’s time to stop managing decline and start building again.

Call the election. Let Canadians choose a path forward—one rooted in strength, in sovereignty, and in pride. Let us choose leaders who put Canada first—for real.


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