BeaverFever Posted May 26 Author Report Posted May 26 Carney fast-tracks $1.5B Nouveau Monde Graphite mine — Canada’s answer to China’s 80% supply control Canada’s Prime Minister Mark Carney announced on Tuesdaythat construction is starting on Nouveau Monde Graphite’s (TSX-V: NMG)(NYSE: NMG) Matawinie mine in Québec just six months after its referral to the Major Projects Office. The company is now advancing Phase 2 of the development, which Carney said will become the largest graphite mine in the G7 and bolster Canada’s critical minerals supply chain. China is the world’s leading producer, accounting for nearly 80% of global supply. Located about 120 km north of Montreal, Matawinie is expected to produce as much as 106,000 tonnes of graphite annually once completed. Ottawa said the mine will create more than 1,000 jobs and attract nearly C$2 billion ($1.5 billion) in investment as Canada pushes to expand domestic battery materials production amid rising geopolitical and trade tensions. The announcement NMG’s recent release of $96.5 million from escrow. “Canada has what the world wants — and we’re moving at speed to get it to market,” Carney said in a statement. “It will create more than a thousand good career opportunities, strengthen our supply chains and build a stronger, more competitive, more independent Canadian economy for all.” Major milestone NMG chief executive Eric Desaulniers said the groundbreaking marks a major milestone for the company’s integrated graphite strategy, which includes a planned battery materials plant in Bécancour, Que. He said the project reflects collaboration with governments, local communities and Indigenous partners while advancing Canada’s role in the critical minerals sector. Federal ministers including Environment Minister Julie Aviva Dabrusin also praised the development, calling it an important step in supporting low-carbon manufacturing and resilient supply chains. Ottawa has committed financing support through Export Development Canada, the Canada Infrastructure Bank and the Canada Growth Fund, alongside a seven-year offtake agreement for 30,000 tonnes annually of graphite concentrate. Battery ambitions grow According to Natural Resources Canada, Canada produced 12,000 tonnes of graphite in 2024, or 0.7% of global supply, ranking eighth worldwide. China dominated production with 79.4% of global output, while Madagascar ranked second at 5.6%, underscoring the concentration of supply the West is trying to diversify. The project moves ahead as demand for battery-grade graphite accelerates alongside electric-vehicle growth and new US trade measures reshape global supply chains. Canada and its allies are increasingly seeking secure, lower-emission sources of critical minerals as they work to reduce reliance on Chinese supply. Matawinie is expected to anchor a broader North American graphite ecosystem tied to battery, defence and advanced manufacturing industries. https://www.mining.com/canada-fast-tracks-nouveau-monde-graphites-mine/ Canada Launches Construction of G7’s Largest Graphite Mine in Quebec Canada has officially broken ground on the Matawinie Mine in Quebec, heralded as the largest graphite mine in the G7, marking a significant step in the nation's critical minerals strategy. Prime Minister Mark Carney attended the ceremony, emphasizing the project's role in bolstering Canada's economy and securing global supply chains for essential materials. The Matawinie Mine, operated by Nouveau Monde Graphite (NMG) near Saint-Michel-des-Saints, north of Montreal, is expected to produce over 106,000 tonnes of natural graphite annually for 25 years. This output is eight times Canada's current total graphite production, which stood at 12,000 tonnes in 2024, placing Canada eighth globally with a mere 0.7% market share, far behind China's dominant 79.4%. Graphite is a vital component for electric vehicle (EV) batteries, energy storage systems, advanced manufacturing, and defense technologies. The project addresses the rapidly growing global demand for graphite, which is currently outpacing supply, and aims to reduce international reliance on concentrated foreign sources, particularly China. By developing this mine, Canada seeks to position itself as a reliable and responsible supplier of critical minerals to international partners in Asia and Europe, including Japan and Italy. This initiative aligns with Canada's Critical Minerals Strategy and the G7 Critical Minerals Production Alliance, launched at the 2025 G7 Leaders' Summit. Economically, the Matawinie Mine is projected to inject nearly $2 billion into the Canadian economy and generate over 1,000 jobs across engineering and skilled trades. NMG recently secured an approximately $426 million (US$309.5 million) financing package to advance the project. Furthermore, the Canadian government has committed a $459 million financing package and a seven-year offtake agreement for 30,000 tonnes of graphite concentrate annually, primarily for strategic, civil, and military sectors. The Italian energy company Eni holds nearly a 12% stake in NMG, with Canadian and Quebec government funds also being major shareholders. A key industry-specific impact is the integration of the Matawinie Mine with NMG's planned Bécancour Battery Material Plant. This integration will enable the production of spherical graphite, establishing Canada's first fully integrated graphite supply chain, from extraction to refinery. This integrated approach, powered by Quebec's low-cost, renewable hydroelectricity, is designed to create an all-electric, low-carbon production model, significantly reducing greenhouse gas emissions compared to conventional graphite supply chains. The project's accelerated timeline saw construction begin just six months after its referral to Canada's Major Projects Office (MPO). The MPO played a crucial role in coordinating financing, permitting, approval processes, and securing offtake agreements, showcasing the government's commitment to fast-tracking nationally important resource projects. Construction and commissioning are expected to take about 31 months, with full commercial production anticipated by the end of 2028. https://www.chemanalyst.com/NewsAndDeals/NewsDetails/canada-launches-construction-of-g7s-largest-graphite-mine-42347 Quote
BeaverFever Posted May 26 Author Report Posted May 26 Canada opens first commercial lithium refinery The federal government opened North America’s first commercial electrochemical lithium refining facility Tuesday, marking a significant step toward domestic battery manufacturing independence. [ The federal government opened North America's first commercial electrochemical lithium refining facility Tuesday, marking a significant step toward domestic battery manufacturing independence. Veterans Affairs Minister Jill McKnight joined Mangrove Lithium executives for the ribbon cutting at the new Delta, British Columbia plant on Thursday. "Across the country, we are seeing the results of Canada's commitment to building a world–class critical minerals ecosystem. Mangrove Lithium's new facility positions Canada as a hub for refining battery–grade materials right here in Delta, reinforcing our economic security and supporting Canadian innovation," Minister Jill McKnight said. "Canada has what the world wants, and we are making strides to use our mineral wealth as a basis to diversify our clean energy opportunities and create stable, long-term careers in British Columbia and beyond." The facility will produce enough battery-grade lithium annually to power approximately 25,000 electric vehicles. This represents a major expansion in Canada's domestic processing capacity as the country seeks to capture more value from its mineral resources rather than exporting raw materials. Canada currently ranks as the world's seventh-largest lithium producer with total resources estimated at 6.5 million tonnes. The government views domestic refining as essential for reducing dependence on foreign processing markets while strengthening supply chain security. Supply chain security focus Lithium plays a crucial role in electric vehicle batteries, enabling their charge and discharge capabilities while providing the high energy density that allows more power storage in smaller spaces. Current demand shows 87 percent of lithium consumption connects to batteries, electric vehicles and grid storage applications. Natural Resources Canada provided conditional approval for up to $21.9 million in funding through the Critical Minerals Research Development and Demonstration program. Energy Minister Tim Hodgson announced the investment at the Prospectors and Developers Association of Canada's 2026 Convention in March. The Delta facility addresses what industry experts call the "missing middle" between Canada's abundant lithium resources and the capacity to convert raw materials into battery-grade products. This gap has forced Canadian companies to rely on foreign processing, particularly from markets with heavy geographic concentration. Federal investment supports expansion "Building a strong, secure Canadian battery supply chain requires more than access to critical minerals: it requires the ability to refine and manufacture those materials here at home. Today, there is a critical gap between Canada's lithium resources and the capacity to convert them into battery-grade materials," Saad Dara, CEO of Mangrove Lithium, said. The government designated lithium as a critical mineral due to its importance in low-emissions energy transitions. Canada operates two active lithium projects in Manitoba and Quebec with several advanced projects under development. The March funding announcement included over $165.2 million for 22 Canadian projects designed to unlock more than $434 million in project capital across eight provinces. https://www.canadianminingjournal.com/news/canada-opens-first-commercial-electrochemical-lithium-refining-plant-in-north-america/ Quote
BeaverFever Posted May 26 Author Report Posted May 26 Canada unlocks $12B in critical mineral deals as minister calls supply chains ‘national security’ Critical minerals are the strategic “cards” Canada holds, differentiating it from the rest of the world within the emerging global order, says Canada’s energy minister. He says using those cards means keeping the value chain at home and Canada is already expanding its infrastructure to shift critical mineral processing within its boundaries. “We are moving at speeds not seen since World War Two,” Tim Hodgson, Minister of Energy and Natural Resources told BNN Bloomberg at the PDAC convention in Toronto. “This is our moment to shine.” He says Canada needs to thrive in a world where hegemons like China, who dominate the market for critical mineral processing, are not able to have the “weak do as they must.” “We can never be in that situation,” says Hodgson. “Secure, critical mineral supply chains is national security, is sovereignty, and we have that.” During the PDAC 2026 convention, Hodgson announced 30 new federal partnerships with 12 allied countries under the Critical Minerals Production Alliance (the Alliance). He says the deal will lead to $12.1 billion in spending on mining and processing projects in Canada. The Alliance was started by Prime Minister Mark Carney last year to ensure allies aren’t dependent on risky foreign suppliers, like China, for essential minerals. In total, The Alliance is moving approximately $18.5 to Canada’s mineral sector. Keeping mineral processing at home Hodgson says while many counties around the world closed their smelters, Canada is reinvesting in its unused smelters to focus on value-added processing. “We’re taking advantage of core Canadian technologies around how to extract some of the critical minerals the world so desperately needs from our copper smelters, from our zinc smelters, from our nickel smelters,” says Hodgson. He says the Canada Growth Fund helps private companies get back on their feet to prove their technology so it can be sold to the rest of the world. Right now, he says the government is helping with processing facilities for the Crawford Nickel Project in Timmins, Ontario, and for Foran Mining’s copper project in Saskatchewan. “We’re doing work with some of the other refiners of heavy rare earth metals that is going to differentiate Canada and put cards in our hand,” says Hodgson. He says the $1.5 billion First and Last Mile Fund (FLMF) and $2 billion Critical Minerals Sovereign Fund are all tools to make sure Canada leads in the process of critical minerals by creating infrastructure to allow processing to happen. “What I’m finding is that the folks in Natural Resources Canada are rising to the challenge,” says Hodgson. https://www.bnnbloomberg.ca/investing/commodities/2026/03/03/critical-mineral-supply-chains-is-national-security-canadas-energy-minister-after-12b-push/ Quote
CdnFox Posted May 26 Report Posted May 26 55 minutes ago, BeaverFever said: Canada Strikes Landmark Deal to Export Liquefied Natural Gas to Germany The agreement is important for both nations, as Canada seeks new markets away from the United States and Germany tries to diversify its energy supply. Canada has struck an important agreement to export liquefied natural gas to Germany, two senior officials with direct knowledge of the agreement said Tuesday, a breakthrough for both nations. The deal is scheduled to be signed at the Canadian embassy in Berlin on Wednesday, the officials said, speaking on condition of anonymity because they were not authorized to speak on the matter before the public announcement. The details will be announced by Canada’s energy minister, Tim Hodgson, at an event in British Columbia on Wednesday, the officials said. Under the agreement, Canada will commit to exporting up to one million metric tons of liquefied natural gas a year from a terminal on its Pacific Coast in British Columbia to Germany, starting in the early 2030s, for a two-decade horizon.. The deal had long been in the works as Prime Minister Mark Carney of Canada has been looking for new markets for Canada’s important energy resources, and the German government has been seeking new sources of energy supplies. Mr. Carney had suggested this agreement was in the works during an August visit to Berlin. The German economy, a voracious energy consumer, has had to seek new suppliers since cutting itself off from Russia after the full-scale invasion of Ukraine in 2022, and is now hurting further because of the disruption caused by the conflict in the Middle East. Publicly and privately, German officials have said they need to find a diverse set of suppliers for imported gas, to avoid overreliance on a single country, like the United States. “It makes us more competitive and more secure on the world stage,” Friedrich Merz, the chancellor, said this winter before traveling to the Persian Gulf, partly in search of oil and gas supply agreements. Canada, an oil and gas powerhouse, exports an overwhelming majority of its resources to the United States. The agreement is an important win for Mr. Carney, who has spent his first year as prime minister trying to line up buyers for Canadian goods that will help the country break its deep dependence on the United States. The task has become urgent as relations between the allies and neighbors have deteriorated since the election of President Trump, who has imposed tariffs on Canada and threatened further economic pain. Mr. Carney has set a goal of doubling Canadian exports to non-U.S. markets by 2035. Canada’s first liquefied natural gas export port, Shell-backed LNG Canada, only began operating about a year ago. The Ksi Lisims LNG project, which is set to be used for the Germany exports, has been approved for operation by the government but not yet fully financed. Its proposed daily capacity would make it the second largest of the eight Canadian L.N.G. projects that have been proposed or are now under construction. The main competitor for Canadian liquefied gas are terminals in the United States on the Gulf of Mexico. While gas from Canada’s current and proposed projects is likely to be more expensive, it offers shorter sailing times to Asia and avoids the Panama Canal, eliminating one potential disruption to supply. Some details of the agreement were reported Tuesday by Bloomberg News. https://www.nytimes.com/2026/05/26/world/canada/canada-germany-natural-gas-lng.html?smid=nytcore-ios-share OH you mean that one that Trudeau shot down claiming there was no business case The Germans have been begging for this for years, it's nice to see the liberals finally get out of the way and let it happen. We should be one of europes biggest energy partners. I wonder if we can go back to japan as well and work something out? 14 minutes ago, BeaverFever said: Carney fast-tracks $1.5B Nouveau Monde Graphite mine — Canada’s answer to China’s 80% supply control Canada’s Prime Minister Mark Carney announced on Tuesdaythat construction is starting on Nouveau Monde Graphite’s (TSX-V: NMG)(NYSE: NMG) Matawinie mine in Québec just six months after its referral to the Major Projects Office. The company is now advancing Phase 2 of the development, which Carney said will become the largest graphite mine in the G7 and bolster Canada’s critical minerals supply chain. China is the world’s leading producer, accounting for nearly 80% of global supply. Located about 120 km north of Montreal, Matawinie is expected to produce as much as 106,000 tonnes of graphite annually once completed. Ottawa said the mine will create more than 1,000 jobs and attract nearly C$2 billion ($1.5 billion) in investment as Canada pushes to expand domestic battery materials production amid rising geopolitical and trade tensions. The announcement NMG’s recent release of $96.5 million from escrow. “Canada has what the world wants — and we’re moving at speed to get it to market,” Carney said in a statement. “It will create more than a thousand good career opportunities, strengthen our supply chains and build a stronger, more competitive, more independent Canadian economy for all.” Major milestone NMG chief executive Eric Desaulniers said the groundbreaking marks a major milestone for the company’s integrated graphite strategy, which includes a planned battery materials plant in Bécancour, Que. He said the project reflects collaboration with governments, local communities and Indigenous partners while advancing Canada’s role in the critical minerals sector. Federal ministers including Environment Minister Julie Aviva Dabrusin also praised the development, calling it an important step in supporting low-carbon manufacturing and resilient supply chains. Ottawa has committed financing support through Export Development Canada, the Canada Infrastructure Bank and the Canada Growth Fund, alongside a seven-year offtake agreement for 30,000 tonnes annually of graphite concentrate. Battery ambitions grow According to Natural Resources Canada, Canada produced 12,000 tonnes of graphite in 2024, or 0.7% of global supply, ranking eighth worldwide. China dominated production with 79.4% of global output, while Madagascar ranked second at 5.6%, underscoring the concentration of supply the West is trying to diversify. The project moves ahead as demand for battery-grade graphite accelerates alongside electric-vehicle growth and new US trade measures reshape global supply chains. Canada and its allies are increasingly seeking secure, lower-emission sources of critical minerals as they work to reduce reliance on Chinese supply. Matawinie is expected to anchor a broader North American graphite ecosystem tied to battery, defence and advanced manufacturing industries. https://www.mining.com/canada-fast-tracks-nouveau-monde-graphites-mine/ Canada Launches Construction of G7’s Largest Graphite Mine in Quebec Canada has officially broken ground on the Matawinie Mine in Quebec, heralded as the largest graphite mine in the G7, marking a significant step in the nation's critical minerals strategy. Prime Minister Mark Carney attended the ceremony, emphasizing the project's role in bolstering Canada's economy and securing global supply chains for essential materials. The Matawinie Mine, operated by Nouveau Monde Graphite (NMG) near Saint-Michel-des-Saints, north of Montreal, is expected to produce over 106,000 tonnes of natural graphite annually for 25 years. This output is eight times Canada's current total graphite production, which stood at 12,000 tonnes in 2024, placing Canada eighth globally with a mere 0.7% market share, far behind China's dominant 79.4%. Graphite is a vital component for electric vehicle (EV) batteries, energy storage systems, advanced manufacturing, and defense technologies. The project addresses the rapidly growing global demand for graphite, which is currently outpacing supply, and aims to reduce international reliance on concentrated foreign sources, particularly China. By developing this mine, Canada seeks to position itself as a reliable and responsible supplier of critical minerals to international partners in Asia and Europe, including Japan and Italy. This initiative aligns with Canada's Critical Minerals Strategy and the G7 Critical Minerals Production Alliance, launched at the 2025 G7 Leaders' Summit. Economically, the Matawinie Mine is projected to inject nearly $2 billion into the Canadian economy and generate over 1,000 jobs across engineering and skilled trades. NMG recently secured an approximately $426 million (US$309.5 million) financing package to advance the project. Furthermore, the Canadian government has committed a $459 million financing package and a seven-year offtake agreement for 30,000 tonnes of graphite concentrate annually, primarily for strategic, civil, and military sectors. The Italian energy company Eni holds nearly a 12% stake in NMG, with Canadian and Quebec government funds also being major shareholders. A key industry-specific impact is the integration of the Matawinie Mine with NMG's planned Bécancour Battery Material Plant. This integration will enable the production of spherical graphite, establishing Canada's first fully integrated graphite supply chain, from extraction to refinery. This integrated approach, powered by Quebec's low-cost, renewable hydroelectricity, is designed to create an all-electric, low-carbon production model, significantly reducing greenhouse gas emissions compared to conventional graphite supply chains. The project's accelerated timeline saw construction begin just six months after its referral to Canada's Major Projects Office (MPO). The MPO played a crucial role in coordinating financing, permitting, approval processes, and securing offtake agreements, showcasing the government's commitment to fast-tracking nationally important resource projects. Construction and commissioning are expected to take about 31 months, with full commercial production anticipated by the end of 2028. https://www.chemanalyst.com/NewsAndDeals/NewsDetails/canada-launches-construction-of-g7s-largest-graphite-mine-42347 He didn't actually fast track anything, that was in the works already. He sure does love to claim credit for others work doesn't he. Quote "That which doesn't kill me... Had better start running."
paxamericana Posted May 26 Report Posted May 26 What I read there is Canada is doubling down as America’s vassal state. This raw material serves one customer… America. @BeaverFever Quote
CdnFox Posted May 26 Report Posted May 26 Why more Canadians are filing for bankruptcy and consumer proposals More than 37K Canadians filed for insolvency proposals in first 3 months of 2026—the highest since 2009 In Canada, consumer insolvencies (bankruptcies and consumer proposals) have reached their highest levels since the 2009 financial crisis, with over 37,000 Canadians filing in the first quarter of 2026. Historically and currently, Ontario and Quebec record the highest volumes of these filings. [1, 2, 3] National Insolvency Snapshot Recent data from the Office of the Superintendent of Bankruptcy (OSB) highlights these key trends: Current Levels: Over 137,000 Canadians file for insolvency annually. Shift to Proposals: Consumer proposals now make up the vast majority of insolvencies (about 78-79%), with traditional bankruptcies making up the remainder. [1, 2, 3] largest number of personal bankruptcies or consumer proposals canada - Google Search Canada's economy dropped 18,000 jobs in April as unemployment rose to 6-month high Canada's economy dropped 18,000 jobs in April as unemployment rose to 6-month high | CBC News Quote "That which doesn't kill me... Had better start running."
BeaverFever Posted May 26 Author Report Posted May 26 1 hour ago, CdnFox said: OH you mean that one that Trudeau shot down claiming there was no business case Yep that’s the one. Just more evidence why PP’s “Just like Justin” campaign was full of shit and why he lost the election. 1 hour ago, CdnFox said: He didn't actually fast track anything, that was in the works already. He sure does love to claim credit for others work doesn't he. Nobody is claiming he invented the project. It had been languishing for years. The feds are the ones who managaed the financing and offtake obstacles that were holding the project up. In fact that is the whole point of the major projects office, not to dream up new projects from scratch but to advance existing projects and late-stage proposals to completion that are stalled for various reasons. Quote
CdnFox Posted May 26 Report Posted May 26 5 minutes ago, BeaverFever said: Yep that’s the one. Just more evidence why PP’s “Just like Justin” campaign was full of shit and why he lost the election. But carney agreed with justin at the time. And so did the rest of the liberals So he's still late to the game Quote Nobody is claiming he invented the project. It had been languishing for years. Nope it would be in the same place right now if he hadn't come along. He's simply taking credit for other people's works Which is pretty much the same for all your other 'annoucements' . Meanwhile personal bankruptcies and proposals are at record highs and climbing, unemployment is at a high and climbing, NOT A SINGLE PROJECT IS GETTING DONE THAT WASN"T ALREADY and the only 'good' news is that he agreed to a deal that he disagreed with 4 years ago and that decision cost us billions. And he didn't even make the german deal happen, he just got out of the way. The germans have been begging for it. You're literally posting proof that mark carney can't do a thing himself and has to take credit for other people's work to make it look like anything positive is happening Quote "That which doesn't kill me... Had better start running."
BeaverFever Posted May 27 Author Report Posted May 27 1 hour ago, CdnFox said: Why more Canadians are filing for bankruptcy and consumer proposals More than 37K Canadians filed for insolvency proposals in first 3 months of 2026—the highest since 2009 In Canada, consumer insolvencies (bankruptcies and consumer proposals) have reached their highest levels since the 2009 financial crisis, with over 37,000 Canadians filing in the first quarter of 2026. Historically and currently, Ontario and Quebec record the highest volumes of these filings. [1, 2, 3] National Insolvency Snapshot Recent data from the Office of the Superintendent of Bankruptcy (OSB) highlights these key trends: Current Levels: Over 137,000 Canadians file for insolvency annually. Shift to Proposals: Consumer proposals now make up the vast majority of insolvencies (about 78-79%), with traditional bankruptcies making up the remainder. [1, 2, 3] largest number of personal bankruptcies or consumer proposals canada - Google Search Canada's economy dropped 18,000 jobs in April as unemployment rose to 6-month high Canada's economy dropped 18,000 jobs in April as unemployment rose to 6-month high | CBC News As I mentioned in the OP, unemployment is still same or better than it was when Harper left office. And Harper didn’t have the world’s greatest superpower waging economic warfare against it while also tanking the entire global economy and causing runaway global inflation. Quote
BeaverFever Posted May 27 Author Report Posted May 27 21 minutes ago, CdnFox said: But carney agreed with justin at the time. 1) Did he? Maybe maybe not 2) That was before The United States was trying to destroy our economy. Canada’s priorities shifted big time after Trump’s economic war against Canada and the world, which you conservatives failed to grasp. And that’s why your 20+ point lead evaporated into nothing and is getting worse and worse. Talk about late to the game! 25 minutes ago, CdnFox said: Nope it would be in the same place right now if he hadn't come along. He's simply taking credit for other people's works Which is pretty much the same for all your other 'annoucements' . You have no evidence to support any of that. As you usual you just make wild claims about what you WISH to be true. 26 minutes ago, CdnFox said: unemployment is at a high and climbing, Not higher than when Harper left office, as I just mentioned. And Trump is the reason for it. 28 minutes ago, CdnFox said: And he didn't even make the german deal happen, he just got out of the way. The germans have been begging for it. He’s fast tracked the LNG plant that is going to supply it. Quote
CdnFox Posted May 27 Report Posted May 27 1 hour ago, BeaverFever said: As I mentioned in the OP, unemployment is still same or better than it was when Harper left office And that already got shot down badly Not to mention youth unemployment is the highest it's been in like ..... ever And harper did have the worlds worst economic downturn in almost 100 years, far worse than we have today. Quote "That which doesn't kill me... Had better start running."
Legato Posted May 27 Report Posted May 27 1 hour ago, BeaverFever said: As I mentioned in the OP, unemployment is still same or better than it was when Harper left office. While the national average is comparable, local economies fluctuate significantly. Ontario, the provincial unemployment rate is around 7.5%, which is noticeably higher than the 6.5% to 6.9% levels recorded across the province during the latter half of 2015. Long-Term Unemployment: The labour market has been dealing with "slack," meaning long-term unemployment has risen. A notably larger percentage of unemployed Canadians are out of work for 27 weeks or more compared to pre-pandemic periods. Population Growth & Participation: The number of people searching for work is much higher. While job numbers have grown, rapid population growth means a larger share of Canadians are competing for available roles. 1 Quote
CdnFox Posted May 27 Report Posted May 27 1 hour ago, BeaverFever said: 1) Did he? Maybe maybe not He did. Quote 2) That was before The United States was trying to destroy our economy. Canada’s priorities shifted big time after Trump’s economic war against Canada and the world, In other words they realized they were wrong to destroy the economy based on the lie of the 'climate crisis' and realized that if they didn't throw their previous 'morals' in the garbage can their cash cow might die. "late to the game" indeed. Quote You have no evidence to support any of that. As you usual you just make wild claims about what you WISH to be true. There's nothing but evidence to support it. Be specific, what specific thing did carney do that made the project move forward that wasn't already happening or wouldn't have happened? What specific road block did he remove? Funding? regulation? Nope. nothing. Quote Not higher than when Harper left office, as I just mentioned. And Trump is the reason for it. Higher than harper for the youth for sure, and it doesn't account for the bankruptcies, the flight of investment money that's still going on, the worsening trade deficit minus gold, or anything else. Quote He’s fast tracked the LNG plant that is going to supply it. He has done absolutely nothing to fast track it in the slightest. It was already green lit and moving forward entirely on it's own and absolutely nothing is happening any faster. All he did was take credit. All carney is is a snake oil peddler who preys on the weak minded such as yourself, crabbing credit he doesn't deserve for things he didn't do from financial crisis to fake military spending to 'greenlighting' projects that were already green lit. Meanwhile the real world results are horrible and no better than when trudeau was around. And everything carney announces will arrive in just a few short decades, long after he's gone. honest! we promise! What a joke, Quote "That which doesn't kill me... Had better start running."
eyeball Posted May 27 Report Posted May 27 2 hours ago, CdnFox said: And harper did have the worlds worst economic downturn in almost 100 years, far worse than we have today. 2 hours ago, CdnFox said: All he did was take credit. That's right, the economy sure sucked bad on Harper's watch but that didn't stop him from giving himself a hearty pat on the back for cutting Canada's CO2 emissions. Or was that just you claiming credit? Quote I said now watch what you say they'll be calling you a radical, a liberal, oh fanatical criminal
CdnFox Posted May 27 Report Posted May 27 13 hours ago, eyeball said: That's right, the economy sure sucked bad on Harper's watch but that didn't stop him from giving himself a hearty pat on the back for cutting Canada's CO2 emissions. Or was that just you claiming credit? Harper did many things to reduce CO2 emissions and lo and behold they went down. You guys did 10 years of carbon taxing and emissions have done nothing but go up Sorry kid but the fact that you suck and that harper was great is not harper's fault entirely. It's your fault for sucking Meanwhile... Records show Carney spent more than Trudeau on luxury in-flight meals Carney spent more money on airplane food during three trips than the average family will spend on groceries in a decade,” said Franco Terrazzano, federal director of the Canadian Taxpayers Federation. Quote "That which doesn't kill me... Had better start running."
CdnFox Posted May 27 Report Posted May 27 And while carney stuffs his face: Food insecurity a crisis as millions of Canadians are going hungry | Toronto Sun Food insecurity in Canada has hit 'crisis' level, millions of Canadians going hungry 24% of Canadians were living in a food-insecure household last year: StatsCan Quote "That which doesn't kill me... Had better start running."
Army Guy Posted May 27 Report Posted May 27 20 hours ago, BeaverFever said: He’s fast tracked the LNG plant that is going to supply it. In BC, have you liberals looked at a map lately...Germany is on the other side of the world....It would have been much faster if the Liberals had not canceled the THREE LNG plants in the Maritimes...Fast track one of those... Quote We, the willing, led by the unknowing, are doing the impossible for the ungrateful. We have now done so much for so long with so little, we are now capable of doing anything with nothing.
CdnFox Posted May 27 Report Posted May 27 6 minutes ago, Army Guy said: In BC, have you liberals looked at a map lately...Germany is on the other side of the world....It would have been much faster if the Liberals had not canceled the THREE LNG plants in the Maritimes...Fast track one of those... The problem is those would actually need to be fast tracked. This one was already approved and done, so it's much easier to swoop in and grab credit Quote "That which doesn't kill me... Had better start running."
CdnFox Posted May 28 Report Posted May 28 Canadian Hiring Weakens As Job Vacancies Hit Near Decade-Low - Better Dwelling Canadians aren’t exaggerating when they complain about this job market—hiring hasn’t been this weak in almost a decade. Statistics Canada (StatCan) data shows fewer job vacancies in March than last year. Those looking for employment face the weakest vacancy rate in nearly a decade, a red flag for the whole economy. Quote "That which doesn't kill me... Had better start running."
BeaverFever Posted Saturday at 01:03 AM Author Report Posted Saturday at 01:03 AM On 5/27/2026 at 5:08 PM, Army Guy said: In BC, have you liberals looked at a map lately...Germany is on the other side of the world....It would have been much faster if the Liberals had not canceled the THREE LNG plants in the Maritimes...Fast track one of those... Interestingly the BC LNG itself isn’t actually the gas that ends up in Germany. It’s a swaps deal the Germans have arranged with middle eastern suppliers who currently sell to Asian markets, whereby the BC gas goes to their Asian customers and they in turn redirect their supply to Germany, everyone gets what they want. Quote
BeaverFever Posted Saturday at 01:16 AM Author Report Posted Saturday at 01:16 AM Rio Tinto commissions $1.5-billion low-carbon aluminum smelter expansion in Quebec Rio Tinto Group RIO-N -0.08%decrease has launched operations of its new US$1.5-billion low-carbon aluminum smelter expansion in Quebec’sSaguenay-Lac-Saint-Jean region with a view to deploying the proprietary AP60 technology used on site in other parts of the world. …The launch brings into production the first major primary aluminum project in the West in more than a decade, Rio Tinto said. Company officials said they are exploring whether they can use the AP60 high-amperage smelting technology, developed in-house by their research and development teams, in other international markets. …The expansion at the Arvida Complex will increase the plant’s production capacity by approximately 160,000 tonnes of primary aluminum a year, Rio Tinto said. When all the new pots are up and running, the company said it will produce 220,000 tonnes of aluminum a year with AP60 technology at the site. …Canada is the world’s fourth-largest primary aluminum producer, after China, India and Russia, according to federal government statistics. Quebec is home to nine of Canada’s 10 aluminum smelters. https://www.theglobeandmail.com/business/article-rio-tinto-low-carbon-aluminum-smelter-expansion-quebec/ Rio Tinto puts its new expanded and less polluting aluminum factory into service in Saguenay [translated] A page of History turns in Saguenay: in the Arvida sector, founded 100 years ago to accommodate a large aluminum factory, the multinational Rio Tinto officially commissioned on Friday a new enlarged aluminum factory, with less polluting technology. With this $2 billion project, "Rio Tinto lays the foundation for the next 100 years in aluminum," said Sébastien Ross, Executive Director, Atlantic Operations, Aluminum of Rio Tinto. The press conference took place in front of a panel of workers, senior leaders of the Anglo-Australian conglomerate and dignitaries, including Prime Minister Christine Fréchette and Federal Minister of Industry, Melanie Joly. … Despite the uncertainty caused by the 50% tariffs imposed on Canadian aluminum by the Trump administration in 2025, Rio Tinto has returned to an 80% export volume directed to the United States, its leaders confirmed. "You know what? We will win this trade war [with the United States], and we will have more jobs here, "said Minister Joly. "Despite [American] customs duties, Saguenay-Lac-Saint-Jean remains the world heart of aluminum," said Christine Fréchette, arguing that "35% to 40% of the aluminum production of NATO member states is done here". The Prime Minister argued that Quebec aluminum has many assets compared to China's, the other aluminum "superpower", in the words of the Prime Minister. … https://www.ledevoir.com/economie/983996/rio-tinto-met-service-saguenay-nouvelle-aluminerie-agrandie-moins-polluante? Quote
BeaverFever Posted Tuesday at 12:40 AM Author Report Posted Tuesday at 12:40 AM (edited) Canadian investors say 'mini wave' of homegrown AI chip companies could be coming “Canadian investors say interest from founders and funders about building and investing in the homegrown semiconductor industry as the demand for more efficient artificial intelligence chips accelerates could lead to a new wave of startups in the next year or two. “From a deal opportunity, I’m seeing very high-quality, deep-tech companies birthing from within Canada,” said Eva Lau, general partner at Toronto-based early stage startup investor Two Small Fish Ventures Inc. Researchers are having breakthroughs in their technology stack and may have already formed a business. We’ll be seeing a lot of these companies coming out from stealth in the next 12 to 24 months.”” “Globally, venture capital deal activity in semiconductors has jumped since 2020 to hit nearly US$20 billion in 2025 and has reached US$10.8 million so far in 2026, while Canadian VC activity in the semiconductor industry reached $208 million last year and stands at US$67 million this year, according to Pitchbook data. The demand for next-generation AI is leading some Canadian investors to start considering hardware plays related to chips and quantum rather than just focusing on software, Martin Laforest, partner at Sherbrooke, Que.-based quantum VC fund Quantacet Inc., said. “More new funds are reviewing their investment thesis and saying that they’re going to start doing a few hardware investments (unlike) when we were raising our fund,” he said. “It became like a joke back then that everyone else was investing in business-to-business software-as-a-service (Saas).” Lau agrees, saying AI has overturned the traditional VC playbook where Canadian VCs leaned on investing in B2B SaaS, such as those in fintech. “He said Canada excels at manufacturing photonic chips, which can solve energy and speed issues in AI and quantum and use light rather than electrical currents to transmit information, making them more energy efficient and faster at moving information around data centres than traditional silicon-based chips. Chip behemoth Nvidia Corp. has signalled its support of the technology, committing to invest at least US$6.5 billion into companies developing photonics technology over the past three months. The CPFC is one of three facilities in the world that can make compound semiconductors and is the most advanced among the group, Slaby said. “We have all the pieces paving the way to hyperscalers to address the problems of AI compute,” he said. “We have something that is very unique and irreplaceable.”” …. Excerpt From “Canadian investors say 'mini wave' of homegrown AI chip companies could be coming” Yvonne Lau Financial Post https://apple.news/AaZS1-q3LSkCZgzehKoOS8w This material may be protected by copyright. “ Edited Tuesday at 01:08 AM by BeaverFever Quote
BeaverFever Posted Tuesday at 01:23 AM Author Report Posted Tuesday at 01:23 AM On 5/27/2026 at 1:52 PM, CdnFox said: Harper did many things to reduce CO2 emissions and lo and behold they went down. You guys did 10 years of carbon taxing and emissions have done nothing but go up LMAO MORE FAKE NEWS No Harper didn’t do anything to reduce emissions . GHG emissions are largely considered to have been flat during Harper’s terms. Technically they decreased by an insignificant amount 3% or less) because there was a recession under Harper. And then the oilsands collapse started to occur at the very end when shale gas came online Meanwhile under Trudeau they decreased by up to 8% year over year Quote
BeaverFever Posted Tuesday at 01:26 AM Author Report Posted Tuesday at 01:26 AM On 5/26/2026 at 9:39 PM, Legato said: Ontario, the provincial unemployment rate is around 7.5%, which is noticeably higher than the 6.5% to 6.9% levels recorded across the province during the latter half of 2015. So Kathleen Wynne did a better job the Doug Ford right? Quote
Legato Posted Tuesday at 01:44 AM Report Posted Tuesday at 01:44 AM 13 minutes ago, BeaverFever said: So Kathleen Wynne did a better job the Doug Ford right? Yes, despite him being a Conservative in name only and worshiping the ground the Carney walks upon. Quote
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