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COVID response closed more Canadian businesses than 2008 financial crisis: gov’t report

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From LifeSiteNews

By Clare Marie Merkowsky

StatsCan revealed that they are witnessing an increase in ‘zombie businesses,’ a phenomenon which occurs when owners never file for bankruptcy but simply walk away from their business.

Statistics Canada has revealed that more businesses closed as a result of the COVID-induced economic downturn than the 2008 financial crisis.

On October 25, Statistics Canada reported that the COVID-19 “pandemic” caused a record number of small businesses to shut down, with many owners never filing for bankruptcy but instead simply walking away from their companies, resulting in a large uptick in a phenomenon called “zombie businesses,” according to information obtained by Blacklock’s Reporter. 

“This finding represents a larger increase than observed during the 2008 financial crisis when the exit rate increased by one percentage point,” wrote analysts.  

The 2007- 2008 financial crisis, also called the Global Financial Crisis, is considered the most severe worldwide economic crisis since the Great Depression of 1929. 

Business exits refer to the permanent closure of a business and can occur without a formal process, meaning owners can walk away from their businesses without declaring bankruptcy.  

According to StatsCan, exits increased at the same time as bankruptcies fell, which is partly because courts were closed due to COVID lockdowns.   

However, analysts noted that exits did not appear in bankruptcy court statistics, adding, “Formal insolvencies are not the whole story. Formal insolvency is but one path a business in distress may take.” 

“The COVID-19 pandemic had a substantial impact on business dynamics leading to the temporary or permanent closure of many businesses,” analysts continued. 

According to a Department of Industry estimate, Canada had 1,198,632 small businesses before COVID lockdowns. While the number has been revealed to have decreased drastically since then, federal agencies have failed to record comprehensive figures on the economic impact of COVID lockdowns and regulations.  

According to a 2022 Bank of Canada survey, only an estimated half of businesses reopened after being closed by COVID lockdowns. The research tracked 12,976 businesses throughout Vancouver, Toronto and Ottawa including bars, restaurants, shops, nightclubs and motels, which were locked down by COVID regulations in April and May 2021. 

“Half of businesses recorded as temporarily closed in May had reopened by the end of September,” the Bank reported. “Forty percent were still hibernating. Ten percent were closed for good.” 

Statistics Canada’s report comes as Liberals MPs recently opted for a closed-door review by Minister of Health advisers of how the Canadian government handled the COVID-19 “pandemic” instead of launching a public inquiry. 

In recent months, numerous reports have emerged revealing the Trudeau government’s mismanagement during the COVID-19 “pandemic.” 

In a 2021 report Pandemic Preparedness, the Auditor General revealed that the cabinet was “not adequately prepared.” 

Furthermore, Lessons Learned From The Public Health Agency Of Canada’s COVID-19 Response, an internal audit, condemned managers for “confusion,” “limited public health expertise” and “no clear understanding” of how to compile critical data. 

Additionally, former Finance Minister Bill Morneau declared that spending programs to tackle COVID were prolonged and led to inflation under Prime Minister Justin Trudeau’s leadership. 

During the so-called COVID-19 pandemic, the Trudeau government issued billions to Canadians who claimed they needed Canadian Emergency Response Benefits (CERB) as they were not permitted to work under COVID regulations. 

Recently, the Canadian Revenue Agency (CRA) has worked to take back the $3.2 billion from Canadians who filed for and were given CERB despite not being eligible to receive it. However, many are fighting in court to keep their government payments. 

Business

DEI gone?: GOP lawmakers prep to clean house in federal government

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From The Center Square

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Many of Trump’s cabinet picks so far have also pledged to remove DEI programs from the federal government. These policies can range from training federal employees on “white privilege” to using medical research funds to study racism to awarding federal funds to recipients only as long as they toe the line on DEI orthodoxy.

President-elect Donald Trump’s win and his subsequent creation of a Department of Government Efficiency have galvanized lawmakers to pave the way for legislation to clean out diversity, equity and inclusion (DEI) policies, staff and programs that have ballooned under the Biden-Harris administration.

The Center Square was given advance copy of two bills filed Thursday by U.S. Rep. Bob Good, R-La., to end DEI practices at the Department of Housing and Urban Development

The first bill, the Flexibility in Housing Act of 2024, would block a Biden-Harris administration rule at HUD. That rule is about to be finalized and would require HUD grant recipients to implement “equity-driven housing plans.”

The newly introduced bill, however, would block that rule and give power to states and local governments to decide how best to spend the funds.

The second bill, the “No Discrimination in Housing Act,” would prevent large corporations from using DEI programs to get federal tax credits in buying up single family American homes, something many economists say is driving up the cost of homeownership for Americans.

The new bill “would prohibit any entity with a DEI initiative from receiving the Low-Income Housing Tax Credit – thereby ensuring the tax credit is distributed based on merit – not for the advancement of the radical DEI ideology.”

“The Biden-Harris Administration’s radicalization of housing policy prioritizes woke DEI corporations, yet does nothing that will actually drive down the cost of a home in an economy destroyed by Bidenflation,” Good told The Center Square. “My bills aim to restore Trump-era housing flexibility and eliminate the DEI housing policies that prohibit families from pursuing the American dream.”

These two bills, first obtained by The Center Square, are in line with Republicans’ renewed push to eliminate the hard left turn toward DEI policies taken in the last few years of the Biden-Harris administration.

Those policies have been under the microscope for years, but Trump’s win gives Republicans hope they can be undone.

Many of Trump’s cabinet picks so far have also pledged to remove DEI programs from the federal government. These policies can range from training federal employees on “white privilege” to using medical research funds to study racism to awarding federal funds to recipients only as long as they toe the line on DEI orthodoxy.

The latest high-profile examples of controversial DEI spending involves the Federal Emergency Management Administration. Amid the scandal of its handling of Hurricane Helene and Hurricane Milton, reporting has shown that FEMA lists DEI and equity as it number one priority.

U.S. Rep. Michael Cloud, R-Texas, introduced the Dismantle DEI Act, which advanced out of the House Oversight Committee, which would eliminate DEI programs in the federal government and return to a “colorblind” approach.

“Diversity, equity, and inclusion – these are words that, on the surface, seem to represent ideals we can all support,” Cloud said. But when these principles are redefined and implemented as an ideology within our federal government, they take on a meaning that diverges from their original intent.”

A recent report from Do No Harm documented about 500 examples of DEI programs across many agencies choosing to reward some Americans over others.

“Under the guise of progress, this ideology seeks to categorize individuals based on immutable characteristics rather than valuing the content of their character or their individual achievements,” Cloud continued.

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‘Context Of Chemsex’: Biden-Harris Admin Dumps Millions Into Developing Drug-Fueled Gay Sex App

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From the Daily Caller News Foundation 

By Owen Klinsky

The Biden-Harris administration is spending millions funding a project to advise homosexual men on how to more safely engage in drug-fueled intercourse.

The University of Connecticut (UCONN) in July announced a five-year, $3.4 million grant from the U.S. National Institute of Health (NIH) for Assistant Professor Roman Shrestha to develop his app JomCare — “a smartphone-based just-in-time adaptive intervention aimed at improving access to HIV- and substance use-related harm reduction services for Malaysian GBMSM [gay, bisexual, and other men who have sex with men] engaged in chemsex,” university news website UCONN Today reported. “Chemsex,” according to Northern Irish LGBTQ+ nonprofit the Rainbow Project, is the involvement of drug use in one’s sex life, and typically involves Methamphetamine (crystal meth), Mephedrone (meth), and GHB and GBL (G).

Examples of the app’s use-cases include providing a user who has reported injecting drugs with prompts about ordering an at-home HIV test kit and employing safe drug injection practices, UCONN Today reported. The app is also slated to provide same-day delivery of HIV prevention drug PrEP, HIV self-testing kits and even a mood tracker.

“In Malaysia, our research has indicated that harm reduction needs of GBMSM [gay, bisexual, and other men who have sex with men] engaged in chemsex are not being adequately met,” Shrestha told UCONN Today. “Utilizing smartphone apps and other mHealth tools presents a promising and cost-effective approach to expand access to these services.”

Homosexuality is illegal in Malaysia and is punishable by imprisonment, according to digital LGBTQ+ rights publication Equaldex. Drug use, including of cannabis, is illegal in Malaysia, and drug trafficking can be a capital offense.

The NIH disbursed $773,845 to Shrestha in July to conduct a 90-day trial testing the efficacy of JomCare among 482 chemsex-involved Malaysian gays. It also provided Shrestha with $191,417 in 2022 to “facilitate access to gender-affirming health care” for transgender women in the country.

“Gender-affirming care” is a euphemism used to describe a wide range of procedures, including sometimes irreversible hormone treatments that can lead to infertility as well as irreversible surgeries like mastectomies, phalloplasties and vaginoplasties.

Shrestha has a track record of researching mobile health (mHealth) initiatives for foreign homosexuals, co-authoring a 2024 study entitled, “Preferences for mHealth Intervention to Address Mental Health Challenges Among Men Who Have Sex With Men in Nepal.”

The proliferation of LGBT rights has been a “foreign policy priority” under the Biden-Harris administration, a State Department spokesperson previously told the Daily Caller News Foundation, with President Joe Biden instructing federal government department heads to “to advance the human rights of LGBTQI+ persons.”

“Around the globe, including here at home, brave lesbian, gay, bisexual, transgender, queer, and intersex (LGBTQI+) activists are fighting for equal protection under the law, freedom from violence, and recognition of their fundamental human rights,” a 2021 White House memorandum states. “The United States belongs at the forefront of this struggle — speaking out and standing strong for our most dearly held values.”

President-elect Donald Trump announced on Nov. 12 that Elon Musk and Vivek Ramaswamy would collaborate to establish a new Department of Government Efficiency (DOGE), with Musk claiming the agency would feature a leaderboard for the “most insanely dumb spending of your tax dollars.” Some DOGE cuts could come from LGBTQ+ programs, such as a grant from the United States Agency for International Development to perform sex changes in Guatemala and State Department funding for the showing of a play in North Macedonia entitled, “Angels in America: A Gay Fantasia on National Themes.”

“The woke mind virus consists of creating very, very divisive identity politics…[that] amplifies racism; amplifies, frankly, sexism; and all of the -isms while claiming to do the opposite,” Musk said at an event in Italy in December 2023, according to The Wall Street Journal. “It actually divides people and makes them hate each other and hate themselves.”

Shrestha and the NIH did not respond to requests for comment. When reached for comment, a UCONN spokeswoman told the Daily Caller News Foundation that, “specific questions about the grant and the decision to award it to our faculty member should be directed to the NIH, since that’s the funding agency.”

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