ListNook

medialoungeguy Apr 18, 2026 +446

Hope PP holds the status quo

446

OrangeJr36 Apr 18, 2026 +379

He really is the best thing to happen to the Liberals in a long time.

379

Southsideman Apr 18, 2026 +153

And Canada as a whole

153

medialoungeguy Apr 18, 2026 +152

Even with all of these stats my conservative coworkers really think things have gone to hell... lol. Different world of facts for some people...

152

Aethericseraphim Apr 18, 2026 +97

Thats usually what happens when someone is stupid-pilled on russian propaganda though

97

DoctorMicroDong Apr 18, 2026 +77

It's American propaganda too.

77

noddingacquaintance Apr 18, 2026 +46

Same same

46

TheBannaMeister Apr 18, 2026 +11

I thought American propaganda WAS Russian propaganda

11

LeBonLapin Apr 18, 2026 +49

All my conservative coworkers have switched to supporting Carney. Word is definitely getting through to people. Poilievre has done a lot of harm to his party.

49

bwoah07_gp2 Apr 18, 2026 +20

Now if only the conservatives on Listnook could come to the same conclusion as your coworkers

20

pivovy Apr 18, 2026 +15

There's also a fairly significant possibility that many of them aren't real.

15

TaruBaha Apr 18, 2026 +5

Nah my coworkers are still drinking from an empty cup. That Carney owns blackrock don't cha know.

5

Asyncrosaurus Apr 18, 2026 +8

I think he's saying internet Canadian conservatives are predominantly made up of Americans and Bots. Not that they aren't actually real in real life. It is important to be skeptical that anyone you argue with on the internet isn't engaging in good faith and is a subversive account designed to argue and spread misinformation and lies.

8

ELLinversionista Apr 18, 2026 +21

PP crying about aisle crossing meanwhile he had to snake his way back to the office. What a hypocrite

21

Odd_Hour_9392 Apr 18, 2026 +10

It is not just Pierre, Carney is drastically different than Trudeau. He got my faith back in the Liberals.

10

NoWealth1512 Apr 18, 2026 +4

He was born into a family of school teachers yet came out with a bachelor's from Harvard and a master's and PhD from Oxford. He then worked for Goldman Sachs being promoted to senior positions. He was then appointed governor of the Bank of Canada. He then was picked as the governor of the Bank of England being the first non-British citizen appointed to that role.

4

ColtonComeau Apr 18, 2026 +4

He’s also an oilers fan but ain’t nobody perfect

4

choyMj Apr 18, 2026 +3

Not PP but the Conservative party as a whole. Scheer and O'Toole were both ahead going to the polls but the same idiotic strategy of playing it safe with the hot button issues has killed their momentum. The CPC has no substance, only slogans.

3

marsisblack Apr 18, 2026 +2

They don't have policies other than 'not the liberals'. Their stance is always just the opposite. When.they do.have a policy they are vague about it. They dont offer much to voters to thibk about or support other than we aren't the liberals. Its lazy politicking.

2

Competitive_Abroad96 Apr 18, 2026 +6

They do have another policy that’s consistently been their priority for decades: lowering taxes for corporations.

6

forgotpassword89 Apr 18, 2026 +2

Liberal policy is also lowering the corporate tax rate

2

new2accnt Apr 18, 2026 +24

That's because they stick to right-wing media only (but they "want to see both sides of the story" and "they want different points of view"!), calling legit media like the CBC or even CTV "propaganda". Their "news" sources keep depicting some bizarre parallel universe where Canada is some dystopic hellscape, where people are "taxed to death" by "woke communists". According to these sources of "real news", Canada is an international laughingstock where "everything is broken". Plus their hero (pp) just "unmasked" Mark Carney as some idiot who is not well educated in business and economics and [not very good at it](https://i.redd.it/raf3cq141svg1.jpeg). So Mr-never-had-a-real-job-in-his-life says the former governor of the Bank of Canada & of the Bank of England, who has a PhD in economics, is just a "master at failing upwards". And the moronic right-wing base will eat this up.

24

Frarara Apr 18, 2026 +13

>Plus their hero (pp) just "unmasked" Mark Carney as some idiot who is not well educated Meanwhile PP took 10 years to get a fake sounding degree, BA in international relations

13

Electric_Owl3000 Apr 18, 2026 +4

It’s a real degree, though 10 years is a long time.

4

HotTestesHypothesis Apr 18, 2026 +6

With zero real world work experience

6

BuzzMachine_YVR Apr 18, 2026 +3

‘International… (cough)… relations’? In what universe is bending the knee for his GOP and IDU gang friends considered good international relations, lol?

3

Worth-Original3825 Apr 18, 2026 +8

It's honestly one of the biggest turn offs for me: life in Canada is objectively not much worse than 10 or 20 years ago and it reeks of delusion or hyperbole when they say it. Plus when we actually break it down, it's assigning blame for international things like inflation to the feds, provincial matters like economy and healthcare to the feds, long-term underinvestment and misallocation towards real-estate which is a multi-faceted issue that both parties have ignored to exclusively the Liberals etc... It's just a copy of MAGA outrage culture with no substance.

8

marsisblack Apr 18, 2026 +6

Thats probably because they confuse provincial areas of responsibility with federal and use it as an excuse.

6

choyMj Apr 18, 2026 +2

How has the better stats made your day to day life better? Alot of people are struggling, that's the only stat that matters to people.

2

maybelying Apr 18, 2026 +13

And therefore, of course, the world

13

super__hoser Apr 18, 2026 +3

As is tradition.

3

RarelyReadReplies Apr 18, 2026 +4

Just not in the way he wanted...

4

catscanmeow Apr 18, 2026 +3

How many months until pp is sitting front row at UFC events to try and repair his image. Just like trump after Jan 6

3

MsBlades Apr 18, 2026 +16

Tin foil hat conspiracy that PP is somehow being paid by the Liberals to tank the Conservative party. His career is just a Beaverton article and its uncanny how many political PR blunders he proudly walks into.

16

dr97ak Apr 18, 2026 +3

A candidate who can’t think socially and act fiscally is what Canada needs (notice I didn’t say a party ). I just like the way he’s not rigid in his approach to “liberal ideals “. Change them based on current environment. Carbon tax? See ya. Fed tax on gas ? Bye bye

3

AmoebaBullet Apr 18, 2026 +12

He lost the last election & had to find a middle of nowhere riding just to keep his seat... PP can barely hold himself above water. No matter how many podcasts he goes one. Cons need a stronger leader. He's not it. He's a step up from Sheer, but that's not saying much. They keep choosing duds.

12

Infamous-Mixture-605 Apr 18, 2026 +5

> He lost the last election & had to find a middle of nowhere riding just to keep his seat... It is a very rural riding, but most importantly it was statistically the safest Conservative riding imaginable. It was a riding so safe that the Ayatollah could have won it so long as his election sign was blue and it said "Conservative" next to his name on the ballot. It would basically take an act of god for the Cons not to win that riding.

5

Into-the-stream Apr 18, 2026 +3

Let them.

3

Internal_End9751 Apr 18, 2026 +1

status quo, famous for doing great for the majority

1

linuxheadache Apr 19, 2026 +1

Were still declining as a nation.

1

bwoah07_gp2 Apr 18, 2026 +566

And people still say Carney, the experienced bank man, is bad for the economy. 🙄 His critics need to wake up and smell the morning coffee.

566

Howitdobiglyboo Apr 18, 2026 +189

Compare Carney's resume to the alternative: Poilievre's.

189

cpove161 Apr 18, 2026 +97

Mr burns vs milhouse

97

gravtix Apr 18, 2026 +111

Banker versus Wanker

111

jedaffra Apr 18, 2026 +11

💀💀💀

11

D_to_the_W Apr 18, 2026 +9

I do often think about how Carney vs Poilievre is a lot like Steve Martin vs Homer for sanitation commissioner. Fortunately Canada was smarter than Springfield.

9

thebestoflimes Apr 18, 2026 +20

If Carney says we need to block the sun then I will trust him.

20

ToeTagTic Apr 18, 2026 +10

Well that's not ideal

10

youmaynotknowme Apr 18, 2026 +4

then you're in a cult!

4

thebestoflimes Apr 18, 2026 +15

Or I’m making a joke. Imagine thinking someone is serious about being happy with someone following a cartoon villain’s evil plot to block the sun?

15

alwaysleafyintoronto Apr 18, 2026 +2

Geoengineering is not quite as cartoonishly evil as you make it out to be

2

Kliene Apr 18, 2026 +14

hydrogen bomb vs coughing baby

14

fronchfrays Apr 18, 2026 +7

Basically two conservative leaders, so in contrast PP just looks like he’s so out of his league.

7

sth128 Apr 18, 2026 +95

His critics are paid American (and by proxy Russian) actors. These "critics" have one goal: to brainwash enough Canadians (*coughalbertacough*) so we fall as far as the USSA to the south. Only thing these "critics* need is the dangers of windows.

95

NorthernSlyGuy Apr 18, 2026 +25

It's all buzzwords too, which most people didn't fall for.. it's still amazes me how many gullible folks were falling for Trump's "eating the pets" or "open borders" rhetoric.

25

kate_monster33 Apr 18, 2026 +13

There's a certain distrust in institutions that can grow slowly in populations over decades, and it's this kind of distrust that people like Trump can exploit. In a world of uncertainty, fools will turn to the most arrogant d*** in the room that's pissing off all the people they want to see pissed off. The seeds were planted in the USA long ago.

13

Champ0044 Apr 18, 2026 +4

This all feels so hindsight 2020 now. Canada was well on its way to giving pp a chance until trump got elected and pre carney being put in charge of the liberals. If these 2 things don't happen we probably also have a conservative government right now. People were mad about the economy and wanted change carney was enough change to give the liberals another chance.

4

matrinox Apr 18, 2026 +2

I like the USSA dig

2

FDTFACTTWNY Apr 18, 2026 +6

>His critics need to wake up and smell the morning coffee. No matter whose in charge there will always be a loud group of people who have no clue what they're talking about. Social media has just amplified their voice. Not to mention the bots.

6

Manitobancanuck Apr 18, 2026 +16

In fairness this has little to do with Carney currently. It was Jean Chretien and Paul Martin that setup the country in this position. Harper kept things mostly stable, Trudeau spent a lot but there was the pandemic so hard to say too much on that. Point is he's standing on decades of good fiscal management. But this foundation was setup long before he became PM. You don't get into these situations positively or negative quickly usually.

16

bardak Apr 18, 2026 +21

Don't forget the many years that Carney was in charge of the monetary policy too

21

Toph84 Apr 18, 2026 +30

> Harper kept things mostly stable Harper was quiet, not stable. His terms racked non stop increased deficits, he cut taxes for the rich copying the og US trickle'down economics, cut public spending (like healthcare), and deregulated and privatized Canadian resources like oil (which ended up being taken by US and Chinese foreign companies). His policies created the housing crisis and the foundation of Canada's economic woes today. He also denied climate change and actively cut back environmental protections, and while tame by today's standards, actively sought to empower government surveillance and police power in the name of "stopping crime". Trudeau was ineffectual at solving the mess Harper had created, but the problems had already existed when he got elected. Harper got away with alot of things by virtue of being boring and quiet so most media didn't bother reporting on much, unlike Trump who absolutely loves the attention.

30

Aromatic_Opposite100 Apr 18, 2026 +5

Under Harper debt to gdp ratio went down pretty consistently. However historically high oil prices also helped. The problem is Canada GDP growth has stopped becoming consistent since the oil crash in 2014.

5

Facts_pls Apr 18, 2026 +3

And Carney is undertaking investments that will generate value in the future. Someone else will claim the benefit for those.

3

flappysack- Apr 18, 2026 +2

Carney who wrote a book about leaving oil in the ground and stopping banks from investing in nonrenewable energy is now being given credit for Canadas oil production?

2

lennydsat62 Apr 18, 2026 +3

Pp gonna be angry….

3

sportow Apr 18, 2026 +288

Thanks Trudeau! Seriously though, this is after 1 year. Let Carney keep cooking. Keep electing capable, honest professionals, Canada!

288

RODjij Apr 18, 2026 +77

We almost went full conservative though. My MP is and he sucks ass at his job. Thank god we didnt but we were really close to having Pierre Poilievre as PM and most likely wouldnt have gotten close to the deals Carney is close to making.

77

CluelessBrowserr Apr 18, 2026 +51

I’m a conservative myself and literally despised Trudeau but man I have to hand it to Carney. His government has been introducing policies we’ve been asking for for years. Even I am supportive of him. So relieved to have such a competent and knowledgeable PM.

51

RODjij Apr 18, 2026 +37

Not surprising honestly cause hes more of a progressive conservative who is liked by everyone. Dudes good at being a politician. Pierre has done himself no favors losing the favored election & multiple MPs crossing. Trudeau wasnt doing much besides look good for the cameras honestly. What we really need is the NDP to get their stuff together so we dont sink further into 2 party majority.

37

theblackbonnifer Apr 18, 2026 +10

He's a technocrat who happens to be an extremely good politician and diplomat as well. Dude rolled extremely high if this was a Paradox game.

10

SavvySnake Apr 18, 2026 +4

“A character with 100 diplo and 100 administrative points joins your court for 4 years”

4

CluelessBrowserr Apr 18, 2026 +16

Carney’s done more for Canada in a single year than Trudeau or Poilievre have in their lifetimes. He’s boring and I like that about him. Boring people make good politicians

16

neometrix77 Apr 18, 2026 +10

I think people are definitely jumping the gun on Carney a bit. All he’s really done is implement the less controversial conservative policies and made a few good speeches. A lot of what more conservative people cared about like limiting immigration to fix the housing shortage, those were all changes that were already initiated by Trudeau’s government. The only marked improvement I’ve noticed is that Carney seems better with international relations and securing trade agreements impressively quick. Although it’s arguable that Trudeau probably would have done fine also and it’s more so just a symptom of Trump’s disruption of global trade making every other country look for more diversity in trade partners.

10

ttiredbored Apr 18, 2026 +10

Where you says carney has “only” showed marked improvements in international relations is one of the most difficult areas of politics as our closest ally continues to act irresponsibly. Something Trudeau could not do as he touts moral high ground (for better or for worse). Carney has taken heat for working with SEA countries, china and India (for better or for worse) despite their moral track record.

10

CluelessBrowserr Apr 18, 2026 +2

I don’t think Trudeau would’ve ever increased military spending, passed the major projects act, or made immigration as difficult and strict as Carney has.

2

neometrix77 Apr 18, 2026 +2

What has Carney actually changed in terms of immigration? Like show me some announcements or bill that got passed, I’m pretty sure targets haven’t changed since Trudeau made his initial reforms like a year before Carney’s election. Also Trudeau already was already investing in major projects, like the HSR and the TMX pipeline. The main difference thus far is Carney did a better job hyping it up in a way that gets the entire country excited, time will tell if his new major projects office actually expedites some of these new projects into the construction phase faster than normal. I agree on the Military, although I think Trudeau would’ve also ramped military spending had he won reelection once the 51st state talk became more serious. Just maybe not as much.

2

Into-the-stream Apr 18, 2026 +8

Honestly, carney is more of an old school conservative than PP or anyone else in the PCs. I’m personally NDP/Green, but carney is who we need right now, and he is making all the right choices for financial viability (can’t invest in social programs or the environment if the country isn’t economically viable). He is rational and exceedingly competent. And honestly, you and I come from opposite sides of the spectrum, but we both can see the value of him at this moment in time. America doesn’t have anything like that in their political sphere. We are lucky we don’t have to let our party dictate and define us. That we can be attached to one party, but vote for the leader of a different one. I hope it never gets like it has down south where people view one another viciously as enemies based on party affiliation, and actual platforms stop mattering.

8

CluelessBrowserr Apr 18, 2026 +5

Amen. Politics works best when both sides come together to enact policies that benefit the people. I feel like Carney’s done a really good job at unifying people from both the left and the right. Man is quite good at appealing to both sides of the spectrum. Hope our politics never becomes Americanized and that both sides continue to work together despite their differences:)

5

OilFan92 Apr 18, 2026 +10

10 years ago Carney would have won the Conservative leadership spot after Harper stepped down in a landslide. Unfortunately when they merged with Reform the wackadoos went over and have grown in number and power within the party. I'd love if Carney was more left, but at the current time, he's the best man for the job. Making alliances left and right, signing trade partnerships around the world. Dude is as connected as it gets for commerce and trade in the world, and the most educated of any PM in my lifetime. Now, if we can just get UBI, and start nstionalizing some industries again...

10

InequalEnforcement Apr 18, 2026 +3

I'm drooling at the thought of a conservative party that just went "no 🗿" to the crazies in their party back in the early 2000's

3

Frarara Apr 18, 2026 +2

Is your MP Jamil Jivani too?

2

InequalEnforcement Apr 18, 2026 +2

Even better, we're in a win-win situation. Either shove the dork off stage (metaphorically, i pwomise i wasn't being mean to him weddit uwu) and elect someone new to lead the conservatives in the hopes that some PMs cross the floor back to the right, or let the Liberals keep the majority and continue to make you look bad.

2

lareetpetitemort Apr 18, 2026 +3

The one (unintended?) benefit of Trudeau stepping done to make way for Carney is now everyone keeps shouting "Carney is a blue liberal!" This may piss off some liberals but it's showing the sane Conservatives what it could have been like to have a great Conservative leader. This constant comparison of Carney to their own leader really paints just how ineffectual poilievre is. Add the multiple floor crossings and the amazing global reception Carney is getting, and it becomes hard for the non-fascist Conservatives to at least not move closer to center. I have faith that the Conservative party was hijacked by a vocal minority that may have boosted the conservatives when constantly attacked Trudeau, but now attempting the same with Carney makes them look deeply unserious. And consider poilievre just attempted to attack Carney for having higher education in economics? Mmm yeah, there's already been a pretty decent shift of the far right back to right/right of center because of Carney.

3

Malbethion Apr 18, 2026 +2

A real risk for the conservatives is that PP is so grating, and Carney reasonable, that he is successfully courting the “sane conservative” vote.

2

hotinmyigloo Apr 18, 2026 +9

Thanks, we'll try

9

ShipTheRiver Apr 18, 2026 +3

As an American I’m genuinely jealous that Canadians who are interested in economic issues have the capability to actually identify, respect, and elect a credible, educated, experienced authority on finance to pursue that for them, instead of “hurr durr me like big confident orange business stocks guy with funny hair.”

3

shabi_sensei Apr 18, 2026 +3

It's because in our multi-party system, the Conservatives are so reviled and have burned so many bridges that other parties refuse to work with them to form government, instead they work together to shut them out Only way the Conservatives will form government is if they have a strong majority and that's rare nowadays

3

RarelyReadReplies Apr 18, 2026 +133

Well, we definitely have the right man at the helm, so hopefully he can continue this trend.

133

wongl888 Apr 18, 2026 +31

This is what can happen to a country when they elect a leader who has over 6 years of experience running the BOE with the highest diplomacy to attend to the regular grilling meetings with the Treasury Committee during a politically challenging Brexit period.

31

RarelyReadReplies Apr 18, 2026 +35

I believe he actually got hired for that job because of how well he did running the BOC through our own economic crisis in 08/09. He definitely seems like the real deal. I've voted many times before, but I've never been as happy with my vote as I am right now. He has delivered and more, as far as this Canadian is concerned. That seems to be a pretty widespread sentiment in Canada right now, for what it's worth.

35

wongl888 Apr 18, 2026 +5

Canadians are very lucky to have such an experienced diplomat and influence leader as their PM. He has demonstrated that the pen is mightier than the sword.

5

Mrunlikable Apr 18, 2026 +1

Best person to counter a con man is a banker.

1

Euclidisthebomb Apr 18, 2026 +109

There are many pundits out there who throw around different numbers about the debt of Canada and will say it is terrible. Because they do not know of what they speak. They just repeat what they heard elsewhere and the wilder the value the happier they are to use it for their own gain. Canada is also a bit harder to peg down because it is a true confederation of sub units and they can issue their own debt. Even some cities issue public debt. And then there are also crown corporations - legal entities for which some level of government own most or all the shares, and some of them issue debt as well. There are other countries where some state/provincial/city level entities issue debt but few operate as independently as say Ontario, Quebec, Alberta and other provinces. Many claims aggregate all of these and the sum of them is fairly significant. The supposition is that in the end the federal government of Canada is responsible for all the other debt. But it is not. The federal government of Canada has very, very low net debt. Its gross debt is about 40% of GDP. It is almost all denominated in Canadian dollars, and 75% of it is owed to Canadians. So Canada is not subject to the whims of external forces in debt management. Furthemore the Canadian government holds very substantial cash & kind assets. Such as the well known Canada Pension Plan, one of the worlds largest investment entities. Subtract all those assets and the net debt is about 14%. But even that is somewhat meaningless. Canada is filthy, stinking, f****** rich. Why? Because of the value of all the assets it "owns" but are sitting idle and yet to be utilized. Every physical resource one can imagine Canada has it coming out of its ears: petroleum, mineral resources, timber and more - the value is in the trillions if not tens of trillions. Canada is spending money right now and running a deficit. But it is a country which has run surpluses in the pass, and it could levy a variety of small tax increases here and there and without much effort substantially alter it's short term fiscal position. All the aforementioned is why Canada has a Triple A credit rating, the only "large" population (25+ million) besides Germany to have such. And it is in zero danger of losing that credit rating. The country has huge maneuvering room in context of managing its fiscal position. Now some may not like all the decisions past governments have made fiscally. But now it has a true economist who has been deep in the trenches of financial warfare leading it - and its people are confidant about that leadership even though they are beset by a neighbour who is doing everything he can to subjugate Canada so he can grab that wealth for his own. Canada just finished its fiscal period March 31 (it is not a calendar yr fiscal period) and it already has published its Operating Statement, which in my cursory review I think was actually improved versus prior years. But that is just operations and we need the Annual Financial Report for clarity on all aspects of federal financial position. Given it's neighbour it is not going to be cookies and ice cream for Canada in the near future. An antagonistic neighbour 9x your size next door in a very uncertain world is not a recipe for short term jubilation. The challenge to Prime Minister Carney and the people of Canada is to stick handle through the shit to get to the other side of the bridge. It will be an interesting crossing.

109

oreosnatcher Apr 18, 2026 +34

But there is 100 youtube videos with Canada flag burning down with "collapse soon" or "it's over" in red coming out every day since 5 years?! I'm sure this time it's real! Canada is falling!

34

Narissis Apr 19, 2026 +2

I was watching a completely non-political Twitch stream yesterday and there was someone in chat rambling on about moving to the U.S. because they didn't like "what Canada has become". It took some restraint not to poke that hornet's nest. I was, of course, unsurprised by the volume of grammatical errors in that chatter's posts.

2

AlphaFIFA96 Apr 18, 2026 +21

You’re mixing a few different things together in a way that makes the numbers look better than they are. Saying federal debt is ~40% of GDP is fine. But then dropping it to ~14% by “including CPP” is where it goes off the rails. CPP isn’t a government asset the way cash or infrastructure is. It’s a pension fund that belongs to contributors and beneficiaries, managed independently, and the government can’t just tap into it to fund deficits. Using it to shrink the debt number is basically switching accounting definitions mid-argument. Same thing with the broader point about Canada being rich because of resources. That’s true in a general sense, but those aren’t liquid government assets sitting on the balance sheet ready to offset debt. That’s national wealth, not fiscal capacity. And on the debt comparison point: you’re right that provinces and municipalities issue their own debt, but if you’re comparing Canada to other countries, the proper comparison is total public sector (federal + provincial + local), not just federal. You can’t argue “we shouldn’t include provincial debt” and then also include CPP assets to lower the number. That’s inconsistent. Canada’s fiscal position is solid relative to peers, no argument there. But you don’t need to stretch the accounting to make that case.

21

ttiredbored Apr 18, 2026 +5

^exactly this. You can’t lump cpp into a govnemrnet asset. Much like when OP talks about how federal govnemrnet is not responsible for provincial debt but talks about Canada’s GDP which measures provincial economic activity

5

Euclidisthebomb Apr 18, 2026 +2

The Canadian government considers pension funds a sovereign asset. The reasoning is pensions are prefunded for decades of forecast outlays and if needed parliament can change the rules and take the surplus back into government coffers. I am not suggesting this is wise. It has been debated ad nauseam time and again across many venues including Listnook and I don't want to sidetrack the whole of the conversation on this one matter. All recent past Canadian governments have used the same formula of calculation to my best recollection so it "is what it is". And really it may be at least somewhat immaterial in the greater context. The assets are not liquid but they are assets. I did not confuse them with fiscal capacity. What I implied is that debt raters take the asset picture into account. And while there would of course be costs associated with making the assets liquid the sum of those assets including the CGS is highly favourable to the country. We will agree to disagree on the next paragraph of yours. I am grateful you gave a meaningful reply vs the typical Listnook sniping. I think in the end we both agree that Canada is not "sweating it" which is not to say there is no room for improvement! Thank you.

2

I_Am_Vladimir_Putin Apr 18, 2026 +3

Are we ever going to unlock those resources? Every Canadian I know is struggling more than before. Life is extremely expensive and salaries haven’t kept up with that at all. We SHOULD be the richest country on earth, yet people feel like they’re struggling.

3

Euclidisthebomb Apr 18, 2026 +3

I think there is both reasonableness to that thinking, and unreasonableness. Many Canadians do feel they are struggling. The question is how much is "herd mentality" in group thinking vs reality? Please understand I am not in any way attempting to slight. Canadians are generally used to a certain level of consumption - I would suggest a high level, and now some are having to reign in their past consumption patterns and are chaffing as a result. Others have made purchase decisions based on a financial premise and now suffering the consequence. And some of course are impacted by loss of employment - which has happened in my own immediate family. We always planned for this potential but many if not most have not. It is a very complex economic environment at this time and challenging for one to process let alone steer through. One truly concerning issue is the growing disparity in asset ownership between the most wealthy and the average, in Canada. The general public is very much aware of that increasing gap and it has to be resolved. I am very curious as to whether the Carney government will do so, when and how. I think it is not on the front burner at this time due to other matters but at some point in the government term it will need be addressed, or else.

3

ConsciousAsk8160 Apr 18, 2026 +4

I wonder how crazy this post is gonna drive the canada's broken listnook edgelords. Edit: lol. Your downvote tears sustain me. I'm not saying there aren't real problems. But so many of you really want canada to be in terrible shape, to give you some pathetic focus in your life.

4

Mattilaus Apr 18, 2026 +2

You think they will or can read something that long? Unless it is summarized and sensationalized in a 20 second tiktok, they ain't seeing it.

2

Ozy_Flame Apr 18, 2026 +35

Someone check on Andrew Scheer, he's probably injecting milk through an IV

35

AlexRescueDotCom Apr 18, 2026 +68

Carney be that typa guy that says, "all my hommies gotta eat" during interviews

68

steveg Apr 18, 2026 +25

Carney be that guy who orders appies for the table, then puts them on his bill.

25

Hawkwise83 Apr 18, 2026 +9

PP: I don't think Carney or the IMF understand finance as well as I do. I mean I never studied it or had a job, but I probably know better

9

WadeUp4 Apr 18, 2026 +4

There’s nothing better than struggling to afford rent, gas, and groceries on a piss poor salary and then have some global elite plutocrat say hey, look at this spreadsheet, we’re actually doing really really well

4

Adept-Donut-4229 Apr 18, 2026 +23

I wish people understood this more. Lutnick was being a d*** again today, and I could only think, when you get your credit rating in order, let us know.

23

Comfortable-Talk9631 Apr 18, 2026 +4

Don't tell that to the canadian conservatives group. They can't handle the truth.

4

draftmidget Apr 18, 2026 +13

Cool stuff but that means nothing to average Canadians who are being gouged and scraping by when it comes to food, fuel, and housing. Sure doesn't feel like we're fiscally strong.

13

Substantial_Milk8170 Apr 18, 2026 +61

That’s fantastic news for the macroeconomic spreadsheets. Meanwhile, actual Canadians are out here fighting for their lives just to afford basic groceries and rent. The disconnect is wild.

61

captBrownTown Apr 18, 2026 +118

The amount of people who want the federal government to fix everything but at the same time not over reach into their “personal lives” are the same people who don’t understand divisions of government. But it’s okay, “their guy” is always the solution.

118

Real_Griftyness Apr 18, 2026 +9

And these same people will keep voting Ford in and then blame the PM for every provincial issue. There's no point in arguing with them anymore

9

Tropical_Yetii Apr 18, 2026 +11

Yeah basically the prime minister is out of the cause of or solution to 99% of the issues is complete magical thinking but it makes things simple. One thing I don't like about this article is a completely overlooks the cost of servicing higher levels of debt. The cost is already significant compared to other expenditures and not a good thing if it continues to grow

11

Silicon_Knight Apr 18, 2026 +49

There was a post in ask the world about grocery prices. They are all high. It’s not just Canada. My in laws are American and their grocery prices are sky high now as well relative to the conversion rates.

49

ElSunBloc Apr 18, 2026 +54

It’s comparative, which means other countries are also suffering, and most likely worse off…

54

milkplantation Apr 18, 2026 +39

I'm a Canadian currently living in Japan. I've lived in the United States, UAE, UK, and now Japan. One thing I've learned from this global experience is that Canadians often have zero global context for their financial struggle. Or, as the IMF WH Department says, *'Sometimes I find Canadians don’t actually realize how good they have it."* Here is the reality. Life everywhere has become expensive. In each of the countries that I have previously lived, people made complaints just like you. The difference is that many Canadians are asset rich and cash poor. They have a big home and two cars (the 2nd largest homes of the G7 countries, and the 2nd highest number of cars of the G7 countries). Canadians complain about grocery prices while enjoying a 365 day bounty of fresh produce from South and Central America. Come to Japan in the winter where you get 10% of that variety because they can only afford to eat what’s in season. Canadians are paying for luxury then acting shocked by the bill. Yes, the housing prices in Canada are ludicrous and hurting the country (not dissimilar from other commonwealth countries like Australia and the UK) but Canadians keep leveraging themselves to shit to buy into the market they complain about. Look at the rest of the G7. The UK is in a stagnation and GDP crisis and those outside of London are really suffering economically. Japan's currency is in crisis and their purchasing power has vanished for essentials like food and fuel which are both imported. Italy and Germany are suffering from industrial decline and huge utility bills. And over in France, while more affordable, many feel like the social contract is in ruin. I don't need to even mention the U.S., because, you know... People live on the Internet and social media now and see the lifestyle of a few and become envious. It's a problem in developed countries world wide. The difference is Canadians complain but refuse to scale back a lifestyle they can't afford. Canadians aren't poor, they're just over leveraged and unwilling to adapt. Most of the rest of the developed world already realized the two car, three bedroom, and a backyard pool lifestyle was unsustainable decades ago and started building public transit and smaller homes and dwellings to adapt. Canadians keep building mcmansions and buying an SUV to wait in traffic on a highway into the city then have the audacity to complain it's too expensive.

39

MentionOk9020 Apr 18, 2026 +8

I lived in California the past 5 years. If Canadians think they have it bad, the US is a whole other level.

8

WadeUp4 Apr 18, 2026 +3

Really? We have the same housing prices but half your average salary. OK

3

I_Am_Vladimir_Putin Apr 18, 2026 +3

Now let’s add: health insurance, education debt, property taxes, sales taxes.

3

MentionOk9020 Apr 18, 2026 +3

not even close bud. housing prices you say? whats the last time you checked?

3

WadeUp4 Apr 18, 2026 +5

Try telling that to the canadians paying $1k+ to rent 1 bedroom (just a bedroom - not a whole apartment), driving their 15 year old beater car that still cost $10k, with insurance that’s $250/month, with $1.80/L gas, to their job that pay $40k per year. Actually insane to act like every canadian is some multimillionaire crying in their mansion about yacht prices going up. We have a major homeless crisis for a reason

5

milkplantation Apr 18, 2026 +2

I didn’t say the entire country and every individual is without genuine hardship. My point is every affluent country in the world has people facing genuine hardship. But the majority of Canadians have it better than most. Canadians want Texas sized homes and a European style social safety net with a UK budget. Its hard to see the whole picture when you’re in the frame.

2

WadeUp4 Apr 18, 2026 +3

It’s such a stupid argument to use. Oh you can’t complain cause somebody else somewhere has it worse. You can literally use that in perpetuity forever. When was the last time you were actually in Canada? A lot more homeless people than before huh? Everybody notices this and sees the problems but you’re gonna sit there and say well atleast you can buy watermelon in the winter! Gimme a break

3

milkplantation Apr 18, 2026 +3

I’m not saying Canadians can’t complain. I’m saying many Canadians have lost perspective on how unusually high their baseline expectations are. Yes, housing is broken, homelessness is up. But that does not change the fact that a lot of what gets framed on Listnook as “fighting for their lives” is often the erosion of a very affluent lifestyle, not the absence of one. Canadians are incredibly overleveraged, very car dependent, and still treat a detached house, year round abundance, and multiple vehicles as normal middle class basics. 84% of commuters go by car. Canadian homes average 2.6 rooms per person, even above the U.S. at 2.4 and well above most of the G7. What you're saying about homelessness is exactly my point. They are the same issue. Canadians over leverage themselves because they think a large house and two cars are entitlements, then act shocked when housing becomes unaffordable. Where is the mass push for better public transit, laneway housing, smaller homes, or denser development? As I said, there is genuine hardship but there is also refusal to adapt. These things are related.

3

I_Am_Vladimir_Putin Apr 18, 2026 +3

It’s a ridiculous comparison about food with Japan. In Japan you can get insane quality food at any time for C****.

3

milkplantation Apr 18, 2026 +3

This is a tourist take. I live in Japan. I've lived here for several years. Sure, some meals at the convenience store are c****. But food prices are up 7% just in the last year, fruit is insanely expensive, and the produce variety is nowhere near Canada. Canada is vastly more abundant year round. The average grocery store in Canada is the size of the biggest grocery stores in Greater Tokyo Area.

3

otto303969388 Apr 18, 2026 +28

I wonder, is the government supposed to fix that? There are so many things that the federal government simply cannot (and should not) control. Canadian government had no way to stop the US from starting a war with Iran, pushing gas price up 30% overnight.

28

Roach27 Apr 18, 2026 +22

Or their largest trading partner slapping arbitrary tariffs on them. Although they could start some projects to extract some natural resources (which Canada has lots of), this IS something they could do to create an economic boom but it’s politically unpopular.

22

Mortentia Apr 18, 2026 +3

The provinces own the resources. It’s largely on them to assign rights and begin infrastructure development.

3

Logical-Air2279 Apr 18, 2026 +2

Seems quite shortsighted when you look at Canadian ecosystems. A lot of resources are below or at level groundwater. We can either be exploited like Africa or work towards being more service oriented. We have a lot of great IT services most of which are being snatched up by the US. We also have access to the Pacific and Atlantic, make it possible for this country to turn into the corner stone for trade transit without having to deal with Middle East. A lot of this countries potential is literally being held hostage by the ties to the US.

2

Roach27 Apr 18, 2026 +4

The Canadian Shield is one of the most dense areas in the world for valuable metals/minerals, a country as wealthy as Canada is never getting exploited like Africa Obviously there are certain benefits to NOT tapping your resources. (As the us does, it means if conflict broke out, you have domestic uninterruptible supply.) but Canada has enough that it can maintain a sizable reserve and simultaneously develop. The fact countries like Japan Germany and the UK have larger overall economies is indicative of mismanagement of canadas vast resource potential and its ability to ship to Europe/Asia and not leveraging those funds to create a base in which a diversified service economy can be ran. The US still manufactures 20% of the words goods Canada isn’t even in the top 10. It enjoys many (but not all) of the same advantages the US has. With both the port of Vancouver and Montreal having access to both Asia and Europe. Those insane tariffs hurt Canadian steel, but why not instead use that now (less or not profitable) steel to manufacture in Canada. I wasn’t suggesting exporting the entirety of developed resources, instead convert them into manufacturing capacity. You need a large wealth base to work an economy like the US, and the best way to get there is to make shit. High quality Canadian goods that can be exported and sold to Canadians themselves.

4

CaptCanada924 Apr 18, 2026 +3

You can break up Loblaws or at the bare minimum hit them with e our mois fines that will actually force them to stop price gouging the consumers. You could actually follow through on his electoral promise of building affordable housing with crown corporations which he has constantly scaled down since the election. He could stop pouring billions of dollars into private sector ressources extraction, 99% of the profits going out of Canadian hands and into private ones. Like there’s a ton of things he could be doing, why are you pretending a prime minister with a majority is powerless

3

FedBathroomInspector Apr 18, 2026 +6

lol, the war in Iran isn’t the reason home ownership is unattainable for many.

6

RODjij Apr 18, 2026 +23

Thats literally happening everywhere, not just Canada. We got a madman down south slapping tariffs on our shit, redrafting trade agreements, destroying energy production causing food, power & gas to go up, hes making American companies pull out like Stellantis. Only thing they could tackle is rent but even all the recent provincial wage increases still ain't enough.

23

Logical-Air2279 Apr 18, 2026 +3

Fixing macro is the first step to improving micro without just constant patching micro every 5 years like the US. Shit rolls downwards, a weak macro would only make it harder to fix long term micro.

3

Ctrl-Alt-Q Apr 18, 2026 +8

I highly recommend that you read the [budget](https://budget.canada.ca/2025/report-rapport/pdf/budget-2025.pdf) that they published. Section 3.1 outlines their plan for housing affordability, while Section 3.2 looks at consumer affordability. If you think there is any solution that would improve grocery bills that is under the jurisdiction of the federal government, then you should genuinely write to your MP. Though if oil prices stay high, it can only get worse regardless of what the feds do. Fertilizer interruptions, fuel costs; even if it ends today, the Hormuz crisis will have downstream effects on costs for months. We're not the only ones feeling that crunch - some other countries may yet feel it to the point of true famines.

8

thrway-fatpos Apr 18, 2026 +4

The only true way to bring down grocery prices is to do an in depth investigation into price-fixing from the grocery cartel Because I did an in depth investigation into multiple large corporate grocery store chains, and an artisanal loaf of freshly made bread from a local bakery costs as much as a loaf of processed white sludge from sobeys Canada has an illegal price fixing problem and the issue is the lack of regulation

4

Mostly_Aquitted Apr 18, 2026 +6

Talk to your fuckin provincial government about the vast majority of the shit making things unaffordable, I swear to god people herehave no idea just how significant of a role provincial governments play in their regular day to day lives and just focus on the big bad feds

6

Ctrl-Alt-Q Apr 18, 2026 +7

I worked for the city, and you'd be amazed at how much people just blur all levels of government together. Eglinton crosstown? A Metrolinx (provincial) project that would eventually be operated by the TTC once completed. The amount of people throwing shade at the TTC for that failed project, or even just city workers generally was crazy. Equally heard people rant against "federal red tape" when the issue was a city bylaw. And if it hadn't been, the next most likely limiter would have been the provincial building code, nothing Federal. But who needs to actually know what they're getting mad about? That seems like a lot of work.

7

RebelliousInNature Apr 18, 2026 +2

How can it be? Canada isn’t hot. America is so hot right now. 🤦

2

Salty-Pack-4165 Apr 18, 2026 +2

Imho that's only an indicator how bad everyone's fiscal position is.

2

Fish-Dealer-1985 Apr 18, 2026 +2

On paper we enjoy the best quality of life on earth. In reality I can barely afford to pay my bills. But at least we have strong fiscal position

2

Vaulters Apr 18, 2026 +2

I've been saying for years that the liberals are centrist, the cons are crazy far right and the ndp is solid left. Carney is finally acting like it.

2

-Foxer Apr 18, 2026 +2

Actually if you read it, what it says is that canada has more room to borrow money than other countries which means they can try to spend their way out of the recession/slowdown. Which is great because that's always worked so well in the past. 🙄🙄🙄🙄🙄

2

Advanced-Rub-3835 Apr 19, 2026 +2

Wasn't there a recent report saying the youth in Canada is ranked 71st in happiness?

2

mammalmaker Apr 18, 2026 +3

Can't wait to see what he can do with a majority.

3

heereewegooo Apr 18, 2026 +2

GDP per capita still falling

2

BrilliantFuture891 Apr 18, 2026 +3

Actually, GDP per capita is up from 2016 if you look longer term.

3

Angry_beaver_1867 Apr 18, 2026 +2

This is about our federal governments fiscal capacity. Canadas provinces borrow as well and they are not very responsible parties (although I’m not sure the feds are either considering the fact the 43% figure uses canadas pension plans assets against the debt )

2

NubDestroyer Apr 18, 2026 +1

"The IMF doesn’t see those higher regional debt burdens as an “immediate acute risk,” but Chalk added that better transparency and discipline around provincial budgeting would be an improvement. Higher growth across the country would help alleviate some pressures on provinces too, he said." It literally talks about the provincial debt in the article. It's my understanding that the 43% figure does not include our cpp assets where are you getting that from?

1

Beautiful-Quote-3035 Apr 18, 2026 +3

Debt to gdp ratio is only a part of the whole picture.

3

Electrical_Two6173 Apr 18, 2026 +1

1.2T debt to 2.5T GDP.

1

jyeatbvg Apr 18, 2026 +1

Will read later

1

Kronephon Apr 18, 2026 +1

Fairly insulated from energy shocks. Biggest issue comes exclusively from finding different markets besides their southern one. Makes sense.

1

NoOne661 Apr 18, 2026 +1

Karma

1

Distinct_Cod2692 Apr 18, 2026 +1

Well having unlimited resources does help

1

ThereInAFortnight Apr 18, 2026 +1

Why do I feel like that's somehow bad for individual Canadians.

1

WiseAssociation308 Apr 18, 2026 +1

Canada has always had this. It's potential is just now being directed and unlocked. Should be interesting to see how this majority and era play out. I hate politicians, but Carney has something special to do here and I don't think he's going to pass it up. Just my opinion obviously.

1

Present-Wonder-4522 Apr 18, 2026 +1

IMF still handing out debt traps?

1

GrowthReasonable4449 Apr 18, 2026 +1

Canada is exporting oil, and yet when a conflict breaks out in the Middle East we as consumers have to pay world prices for fuel here. Lessons to be learned yet.

1

try_repeat_succeed Apr 18, 2026 +1

How's our inflation compared to the rest of the G7...

1

YourOverlords Apr 18, 2026 +1

This summer we the small, should see some returns on these efforts I hope.

1

Internal_End9751 Apr 18, 2026 +1

that's bad

1

LifeguardStatus7649 Apr 18, 2026 +1

Amazing considering our PM is so poorly educated on economics

1

Sad_Percentage_4503 Apr 18, 2026 +1

That's comparing Canada to the G7. Not the rest of the world, where in many cases we are very much behind.

1

kaewan Apr 18, 2026 +1

If you don't owe substantial debt issued in foreign currency, you have very little reason for the IMF or the World Bank to have you on their radar at all, basically.

1

mmbenson Apr 18, 2026 +1

Net debt to GDP is misleading. It deducts assets such as the CPP from debt. The government can’t use the CPP to pay down debt, it’s there to support retirees, so it’s meaningless to deduct it from the debt. If you use gross debt to gdp Canada is up there with the US in terms of debt, well over 100%

1

SomeRandomGuy0321 Apr 18, 2026 +1

That is completely detached from the reality Canadians are living in. Record food bank usage, homelessness up, youth unemployment at record highs, wage to housing costs ratio is absurd and making Canadians miserable. I don't know what numbers they are using to determine that but it is not aligned with the reality Canadians are living.

1

Putrid_Mongoose_6354 Apr 18, 2026 +1

That means we’re cooked, here come the private public abundance papers that lead working pple & poor pple into further misery & austerity.

1

At_Space_Station Apr 18, 2026 +1

How bad are the rest doing

1

Suitable_Mess_9160 Apr 18, 2026 +1

Now will Pollivere stfu?? /s

1

Hot-Reading9502 Apr 18, 2026 +1

Delete this post.

1

hunkyleepickle Apr 19, 2026 +1

All the conservatives had to do was have some policies that actually helped people, that’s it. Leaning on culture war bullshit and being opposed to everything just cuz the other team did it isn’t what people want in Canada. We aren’t American, we don’t want that style of politics here. He are kind, and deep down want to help all our countrymen, not just those that are ‘like’ us. As long as the conservatives keep playing politics like a win lose game they will not turn around their party.

1

rhondabulk90 Apr 19, 2026 +1

Reversing the massive shit show left by Trudeau Jr

1

John_NightReign_QC Apr 19, 2026 +1

Numbers say different

1

artguy55 Apr 19, 2026 +1

The best of the G7 is still very bad "The trouble with normal is that it always gets worse"

1

HeatThat Apr 19, 2026 +1

Im sorry he hasnt done shit, and PP would also have done shit. Has life gotten any better in the last 30 years? No,

1

West_Technology6595 Apr 19, 2026 +1

I bought brookfields stock 2 weeks ago . Bn.to, bam.to.. GO CARNEY GO !!!!

1

IMF sees Canada's fiscal position as strongest in G7

💬 Send a Message

180 Comments