Alberta and Saskatchewan’s resources have geopolitical value. Ontario’s autos… not so much

Kelly Block asked Gregor Robertson in the House this week why Canada is the only G20 country in a recession. Robertson said rents have declined for 20 straight months and this side votes for affordability. Jim and Iain on that answer, Jean Chrétien on Rosemary Barton saying Trump should not get the Order of Canada because he has a criminal record, and the geopolitical case for Alberta and Saskatchewan that the Liberal government still cannot see. Topics covered: ► Kelly Block, Conservative MP for Carlton Trail-Eagle Creek, asking Gregor Robertson in Question Period why Canada is the only G20 country in recession, noting the government's shifting explanations from technical recession to tariffs to insufficient spending, and asking whether Canadians stealing $10 billion in groceries because of affordability is only technical hunger ► Gregor Robertson's answer: rents are declining for 20 straight months across Canada, the government is investing in affordable housing and the groceries and essentials benefit, and this side of the House votes for affordability ► Jim and Iain's analysis: the rent decline is not a policy success but the unwinding of a bubble the Liberal government inflated through runaway immigration that shot demand to unsustainable levels, and Robertson is taking credit for the collapse of prices that the government's own policies caused ► The housing market implosion Jim flags: with mortgage resets hitting, power of sale listings rising, and typical Brampton homes down approximately 30% from 2022 peaks, someone needs to go on the show and explain the full scale of what is happening in Toronto and Vancouver ► Jean Chrétien on Rosemary Barton's show saying Trump has a criminal record and therefore could not receive the Order of Canada, with Barton agreeing without noting that Nelson Mandela was sentenced to life imprisonment in 1964 and served 27 years before receiving the Order of Canada in 1990 ► Jim's characterisation of Chrétien as a once-reflective statesman who reportedly told Jim he was not a big fan of Justin Trudeau, now appearing as a partisan media figure willing to come out for sound bites in what Jim describes as a sad deployment of a man with genuine stature ► The GDP comparison Jim critiques: claims that average Canadians are wealthier than average Americans, which Jim says strip out housing inflation reveals as a balance sheet trick, because the apparent wealth is debt-financed real estate appreciation in Toronto and Vancouver that is now declining in value, not genuine productivity-based prosperity ► The geopolitical argument Jim makes for Alberta and Saskatchewan: their oil, gas, uranium, and potash have value far beyond their dollar contribution to GDP, because there is a finite amount of these commodities on earth and countries like Germany, Japan, and South Korea fly their leaders to Canada specifically to secure access to them, making these provinces Canada's primary geopolitical leverage in a way that no manufacturing sector can replicate ► The unleash the beast message: Jim's call for Canadians to send three words to Ottawa, to post under every CBC and CTV article, and to contact Albertan friends with appreciation, because the resource provinces are doing the heavy lifting for a country that treats them as the problem When the only G20 country in recession takes credit for declining rents caused by a collapsing housing market it inflated, How can we take the ruling class seriously? Let us know what you think in the comments. The Really Big Show: the thinking Canadian's daily briefing, independent and informed. 🔴 Live every weekday at 9AM PST 📍 Independent. Unapologetic. Canadian. 👉 Support the show: https://thereallybigshow.ca Subscribe | Share | Comment — help us grow independent Canadian media. #canadiannews #canadapolitics #canada #nowmedia #thereallybigshow #gregorrobertson #kellyblock #albertaoil #jeanChretien #canadarecession