The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin - Canadians WARNED of MONSTER Grocery Price Increase | The CBP 217 Pt 2

Episode Date: June 4, 2025

FRIENDS AND ENEMIESCanadians are being warned of an imminent monster grocery price increase, and it's not just about the cost of living. The CBP has sounded the alarm, and it's time to take a ...closer look at the factors driving this inflation. From immigration policies to tariffs imposed by Trump, the ripple effects are being felt in communities across Canada, from Toronto to Brampton. Rising interest rates and the impact of bitcoin conferences may seem unrelated, but they're all part of the complex web of economic indicators. As community safety becomes a growing concern, with rising crime rates in Toronto and Brampton, it's essential to understand the broader implications of these trends. Join us as we delve into the world of Canada news, exploring the intersection of politics, economy, and community issues, and what it means for your grocery shopping experience. The warning signs are clear - are you prepared for the monster grocery price increase?#bitcoin #btc #carney #trump #tariffs #inflation #immigration #crime #canadianpoliticsJoin us for some QUALITY Bitcoin and economics talk, with a Canadian focus, every Monday at 7 PM EST. From a couple of Canucks who like to talk about how Bitcoin will impact Canada. As always, none of the info is financial advice. Website: ⁠www.CanadianBitcoiners.com⁠Discord:   / discord   A part of the CBP Media Network: ⁠www.twitter.com/CBPMediaNetworkThis show is sponsored by: easyDNS - ⁠⁠www.easydns.com⁠⁠ EasyDNS is the best spot for Anycast DNS, domain name registrations, web and email services. They are fast, reliable and privacy focused. With DomainSure and EasyMail, you'll sleep soundly knowing your domain, email and information are private and protected. You can even pay for your services with Bitcoin! Apply coupon code 'CBPMEDIA' for 50% off initial purchase Bull Bitcoin - ⁠⁠https://mission.bullbitcoin.com/cbp⁠⁠ The CBP recommends Bull Bitcoin for all your BTC needs. There's never been a quicker, simpler, way to acquire Bitcoin. Use the link above for 25% off fees FOR LIFE, and start stacking today.

Transcript
Discussion (0)
Starting point is 00:00:00 Well, where do you want to start? Which bleak story should we start with? The biggest news of the day. J Powell. He fucking didn't resign, right? He didn't resign. I don't think that was news, but yeah, sure. He didn't resign. Well, that was being tossed around. He didn't talk about rates. He didn't talk about the economy. What did he talk about? He didn't resign. Yeah, I guess. He was never going to resign. People who say shit like this are retarded. And I was laughing, you know, months ago when someone said unscheduled emergency Fed meeting, Monday morning,
Starting point is 00:00:30 blah, blah, blah, 11 a.m. The Fed schedule is available months in advance. And a lot of Bitcoiners are just completely clueless. I remember that particular one was like, egregious for a lot of reasons. Guys like Preston Pish, who is a traditional finance guy first, a Bitcoiner second, tweeting out stuff about emergency Fed meetings. Does he not know you can just look at the Fed schedule? Does he not know you can just ask Grok what the Fed schedule is and the fucking AI bot will tell you what the schedule is and when
Starting point is 00:00:58 those meetings went on the calendar? I'm surprised he didn't. Why are you surprised? Everyone is pretending Pretending pretending everyone is a content slop factory Everyone is just making shit up. Everyone is trying to get clicks. Everyone wants to be first to the story You know how many people were like tweeting out emergency Fed meeting including guys like fucking Geiger Capital and real fly You know zero hedge is basically the only account that doesn't fucking, you know, tweet nonsense all day long. And everyone else is just fucking trying to get clicks. It's like, it's embarrassing. And this Powell thing, great example. And me and you and Mark
Starting point is 00:01:34 were talking about it last night. Like, is there a source for this? No. The answer is no. Well, Twitter has, or X, it's, it's, it's now devolved into simply engagement. Because they get paid for it now correct Yeah, you're monetarily you're you're given some sort of incentive and now you're monetarily incentivized to do it. So that it's now Devolved into this and you're trying to farm as much engagement as possible regardless of what you're saying It doesn't matter. You know the days how many people I guess clicked it or talked about, retweeted it or whatever the fuck it's called nowadays. That's it. And that's too bad.
Starting point is 00:02:08 Yeah. Right? That's what X is. But you know what? There's bigger and better things to talk about like Canada and the amount of people coming here. Oh my god. I'm you know, I'm shocked. I'm gonna give you a quote. Okay. The quote is we're going to have fewer temporary foreign workers in Canada. Yeah. We're bringing in stricter rules for companies to prove why they can't hire Canadian workers first. Yeah. October 2024, by then Prime Minister Justin Trudeau. And now if you compare the numbers of people that are coming to Canada in 2025 versus 2024, where to hire a clip? 817,000 people have come to Canada so far in 2025, including almost
Starting point is 00:02:57 500,000 under work permits, 491,400 to be specific. I naively thought the numbers were going to be reduced after Trudeau mentioned that statement. I said, I thought the number of temporary foreign workers was going to be reduced in terms of like the newcomers coming to Canada under that category. Never in doubt. Never. I, I, I beg on my face. I thought that was. Yeah, yeah, go ahead. I thought it just was, I was wrong. I'm amazed, but you know what?
Starting point is 00:03:28 The operation GTFO just proves itself to be the correct course of action. Certainly I'm not gonna stop. Gotta be ready. I can't believe people are, and I gotta give some individuals credit, they want it to somehow rectify it. And I give them credit
Starting point is 00:03:45 but you know what some things you just can't fight it just ain't worth it just let it be it's too bad and it's going to be somebody else's fight it's not mine yeah um I don't know where we should start um why don't we start start with a couple of headlines related to immigration that I think are important. I told my mother-in-law before the election and I mentioned it here as well as I pulled the headlines. I'll just try and delay myself here. But the thing I told her is that you're going to start seeing problems that have been masked or ignored by the media at the behest of the sitting government start to take shape in a way that's impossible to ignore. They will manifest in ways that are too obvious to be written away by headlines.
Starting point is 00:04:36 But the attempts will continue to write them away with headlines, especially in the traditional media. Why? Because we need the people who listen to traditional media, the boomers, to really be like all in on the garbage. And so there was a story in, what paper was it? I think it was the Toronto Sun or something, or maybe it was a CTV headline. I'm just digging through my Twitter feed, but I will find it. And the story was about why kids these days are having trouble finding jobs. And I thought the article and the story and the title and even the picture were like disgraceful.
Starting point is 00:05:19 Completely disgraceful. Is that the CTV article? Is that where it was from? I have it here if you want. Pull it up. Do you have the, oh I have it here. I have it here. I'll pull it up. Is that the one that says US tariffs. Students and young people in Ottawa struggling to land summer jobs. Pull it up or send it to me in the private chat. I'll look at it. I have another version here from CBC. This is a
Starting point is 00:05:41 beauty because it also has audio accompanying it but we might get flags So you may want to just put it on turn the audio down. I mean, I'm not worried about the audio to be honest with you Yeah, this is probably gonna be it so I'll just share this now So there are this is the reality is there's people that are struggling to find jobs not just like young folks Joey there's people that just somebody was on what the fuck was it called? The personal sorry, Vancouver jobs. This guy was like, I need a job ASAP willing to do anything. He's urging, urging looking for any type of work ready to start immediately.
Starting point is 00:06:18 Labor retail deliveries cleaning warehouse, where the fuck he wants to dish washing. He'll do it. He's got nine years of retail customer service and he can't find a job. He's looking for anything. Yeah. And yeah, it's, it's actually nuts. Like I have not seen this story, but this is not the one I was thinking of, but it doesn't matter that the problem is that if I look at what's being shared and said, and, and people are trying to explain away what the problems are. I mean, it's all lies. This person who is named Asta Shetty, US tariffs and a growing population to blame for lack of summer jobs for youth. So one is an external force. One is internal force.
Starting point is 00:07:04 It doesn't matter. It's a lie. It's a fucking lie. The whole thing is a lie. The growing population is part of the reason why. No, no, no. There's more to it. No, and I'll tell you why.
Starting point is 00:07:16 I will tell you why. Because this article does not mention immigration or foreign workers. It mentions neither. And if I go to the other data about this same fucking story, okay, there's another chart here. So like I do not, do not give me one of these things is true. I will not accept that as a response anymore. But it is population though, that they may not say it in the article. They don't say what they may not see it in the heart. This is the population growth in Canada. Okay.
Starting point is 00:07:52 Net births. How's net births look there? Oh, over here. It's like any country. Zero. It's zero. How's permanent residents look? Every Western nations like that.
Starting point is 00:08:01 Okay. How's permanent residents look there? Fucking sky high. How about non-permanent residents? The fucking foreign workers. How's, how's permanent residents look there? Fucking sky high. How about non permanent residents? The fucking foreign workers. That's the big one. Insane. Now it gets even better. Okay.
Starting point is 00:08:11 Because it's one thing to say that every country is doing this immigration is ruining every country. No, no, no. Every country has the, that burst is going down. That's, that's what I'm trying to say. Yeah. Okay. Every Western country is having that same problem.
Starting point is 00:08:23 So I will just point out that the Western countries are having problems in that burst, but not every Western country is suicidal in its immigration policy. What do I mean by that? Well, let me show you another chart. Okay. The stuff we're doing is not going to damage the country for five years. It's going to ruin the country for literally a thousand years. Okay. Like it's a thousand year issue at this point. And if you think there's going to be any bouncing back from this, I got news for you. There is no bouncing back. There is no bouncing back. Mr. CBP Joey, what are you going to do to rectify this situation?
Starting point is 00:08:58 I'm ready to go. I'm agile. I'm ready to go. I'm not worried about it. That's essentially it. But not a lot of people are. Here's the OECD chart for population growth. How does that, does that make any fucking sense to anybody? To anybody? Like the OECD is what we're constantly comparing ourselves to. We're the best in the OECD. We have a high, like, we're a joke. This is a joke, okay? Now you could say to me, and you will get this from your liberal friends, family,
Starting point is 00:09:30 well, we needed it because there's no one here to do the jobs that people have to do that we need done, okay? We need people to come in and work because if we don't have people coming in to work, then you're not gonna be able to get your fruits and, then you're not gonna be able to get your fruits and vegetables. You're not gonna be able to get your, I don't know,
Starting point is 00:09:49 whatever the fuck else. And like, that's fine, okay? But it's not true. Here's what's true, okay? Since 2022, we've let in, let me check my figures here, two and a half million people via immigration since March of 2023. Okay. So between March of 2023 and March of 2025, we've added two and a half million people via immigration. How many jobs, Len?
Starting point is 00:10:19 250,000 ish? It's on the screen. 260,000. 290% of the people who've come here. Those jobs you're talking about initially, those ones picking food, they always exist. It's not going to grow. It's not going to disappear. That's right. It's a sick little thing. Every year we need those folks to come in because for whatever reason, the people here don't want to do it. So somebody has to do it. But that's it's just did the rest that just cannot be absorbed easily when you have highways fucking at their max here's the question on top of that yeah you got you know if you want to talk about like the
Starting point is 00:10:58 401 for instance because that's it's a sticking point for a lot of people anybody that's to drive on the east-west quarter of gta Has to use the 401 the 407 was criminally leased away for 99 years and with a fucking lease Clause in the lease saying they cannot build a competing highway So now you're forced to go on the 401 and people are coming into the gta's more and more people that highway Is beyond capacity then you have schools beyond capacity and you have hospitals beyond. It's just we are not able to absorb that many people in a short period of time without seeing the cracks in the system. And those cracks were there
Starting point is 00:11:37 before. Now they're just expanding and now they're a fucking humongous gave every every crime ring like I hate to say this because it's like it's it goes against everything in my fiber to say this out loud every week okay but at some point you have to recognize the patterns in crime in joblessness in areas of the city that are unlivable in abrasive communities, all these things. Okay. And you have to admit that the people that are coming here are not that bright. They're incompatible with our culture. They're religious zealots. They're whatever, right? They hate women. They hate gays. They hate Jews. They hate whatever. Okay. They hate everything. They're, they're like, in some cases, Len, literal cavemen, okay, from the
Starting point is 00:12:24 other side of the world. Like I've said before, closer to an uncontacted tribe than a civilized person. And we expect them to come here and deliver GDP. It's not feasible. Now, the thing that really pisses me off, all those things I mentioned piss me off, obviously, but the thing that really pisses me off
Starting point is 00:12:37 is when I see shit like this, okay? From McLean's. Keep immigration coming. To compete on a world stage, Canada needs more Canadians and more small cities to house them. No, we fucking don't. This is the article that was talking that we should go to 100 million by 2100 or that's... 100 million by 2100 is the century initiative. We're on pace right now for 100 million by 2072. Now you see that guy that wrote it?
Starting point is 00:13:05 Yeah. And I'm shocked. He is a contributor for the Frazier Institute. Shocking. But I thought the Frazier Institute was a right wing, right slanted. I think this Century Initiative thing has like... I was like what the fuck? No, he's not Frazier.
Starting point is 00:13:23 He's Institute for Research on Public Policy in Montreal. Do some research. Type his name in Google. Is he's not Frazier. He's Institute for Research on Public Policy in Montreal. Do some research. Type his name in Google. Yeah. Yeah. Like, like I think this century initiative thing is like the most sick, perverted, ruinous, disastrous policy of the last thousand years. There's almost nothing worse than imagining a hundred million people from the third world
Starting point is 00:13:42 coming to Canada in the next 40 years, which is what we're on pace for. It's, it's, it's on, it's an unlivable reality. I don't know that starting to take shape. There's nowhere dog crate condos and that's like, like you, the boomers again, like I will, I'll speak directly to the boomers who don't listen to this show there's like fucking no one over 60 listening to this show but The damage you've done is unforgivable and People my age and younger should hate you with every fiber of their being
Starting point is 00:14:19 They should hate you with the fire and intensity of a billion sons for what you've done to the country You've ruined it. There's no doubt about it at this point. This country will never be the same and you are squarely to blame for your lack of attention to detail, your unwillingness to look at information that's not presented to you in neatly packaged commercial filled slop format on television, and your unwillingness to give even a little bit back from the lifestyle you think you're entitled to three trips a year, 3000 square foot house to your kids, to your children, your spawn, your offspring. You don't think they're entitled to anything else. Not being able to afford a house and seeing them struggle,
Starting point is 00:15:03 having them live with you till you're 30 wasn't enough. Not being able to get a house and seeing them struggle, having them live with you till you're 30 wasn't enough. Not being able to get a good job wasn't enough. Seeing your communities eroded by cultures that are incompatible with modern democratic states, with modern mores and values was not enough. You just had to use the equity in your house to go on vacation three times a year. There's no expression or phrase or group of words that will express the disdain I have
Starting point is 00:15:36 for the boomers at this point. Seeing these graphs really puts it into perspective for me in a lot of ways. Channel that energy somewhere. Use it as an opportunity to establish roots elsewhere. I'm fine. I'm fine. Like, you know, if she goes sideways, like Kenzie and I will be fine. You know, it'll be a pain, but we'll be fine. But a lot of people, Len, like simply will not. If you're, if you're a 15 year old in Canada now, what, what can you do? You're stuck here probably another 10 years, let's say, before you have the means to go
Starting point is 00:16:07 somewhere on your own. What what's going to happen in that 10 years? Your life is, your life is irreparably damaged. And you, the other thing, Len, like, and I think you discount this, to be honest with you, the difficulty you will experience trying to uproot and move to a new place at 15 or 25 or even at my age, the thing is not, okay, you just uproot and keep living.
Starting point is 00:16:34 It's that you had to spend two years, three years, time that you only get once moving because somebody fucked your life up without your consent, lied to everyone about it while they were doing it and cost you time that you only get once on this green earth. That's the time you only get once and that's unforgivable. Yeah, it's all along the way. You were told that every one of these people were the best and brightest, that we had jobs for them, that they were doing stuff the Canadians didn't want to do. They were adding diversity was our greatest
Starting point is 00:17:08 strength. None of it was true. They're in parks trying to kidnap kids from soccer games. Okay. Recent story from the Toronto media. They're in malls robbing jewelry stores. Recent story from, again, Toronto, Brampton area. They are stealing cars. They are breaking into homes and pickering a 13-year-old kid whose parents, I don't know their story then, but if I had to guess, I know where I'd put my chips, okay? Killing elderly people at random. And by the way, tried to do it the night before.
Starting point is 00:17:39 Caught on camera at someone's door with a knife the night before. At some point, you have to admit that this is not only a failed experiment, but it's one that's going to affect everything about Canada for the foreseeable future, including by the way, things like asset prices, the entire real estate market soon then if it's not already is going to be based entirely its value is going to be based entirely on its proximity to the
Starting point is 00:18:05 outcomes of these failed policies. What now, going a step further, what happens when things really go sideways? How, and you have your capital locked up in a bank. How do you take that out? You can't. It depends on what the banks say, but yeah, it's possible they make this very difficult. I said on Money Talks last week, I forgot I was even on money talks last week. I said on money talks last week that people who are not looking at Bitcoin have to start thinking about this now because it's getting to the point soon where it's going to be 200 percent. That's why people going after this is, and this is what I'm going to say when you go
Starting point is 00:18:40 for shit like MSTR or anything along those lines, it's a yield type thing where you are trying to increase your fiat allocation with hopes of using that to buy something, maybe Bitcoin. And the thought is that there's gonna be the possibility or the opportunity to convert that fiat into Bitcoin in the future. If that door closes for whatever reason, or it becomes very difficult to do so, then everything it's already difficult.
Starting point is 00:19:10 Like, it's already difficult, man. So you're right. So people that made five, six, seven figures in the market. Good luck buying Bitcoin without having all these spotlights. Sean, I through the process. Yeah. Good luck. That's why this is you should have done it.
Starting point is 00:19:30 If not, you should be doing that. There is no there is no second best. This is it. Everything else is just setting yourself up for potential failure. That's why you should not fucking do any of that bullshit. It will just lead you to potential failure. I think you have a point there Yeah, and then you have once you control your keys and we're talking about the rest of the news
Starting point is 00:19:50 I know but what's tied to the Bitcoin it gives you so much more flexibility You can do so much and I you're right. It sucks for people young people It sucks for anybody to just sucks everybody. Yeah uproot, but you know for me, I'll be honest I'm trying to make the best of it It's I'm trying to make the absolute best of the situation and I will make the best of it But my situation the way it is for me is not the same as everybody else Everybody has their own challenges their own uphill that they have to climb and mine may not be as steep as others But fuck you know what you got to do something. Everybody's gotta do something at least plan
Starting point is 00:20:23 If it doesn't you don't execute it for whatever reason at least you had a plan to begin with it's better to have a plan And nothing yeah, I agree. You gotta be ready. You have to be ready You're watching you are watching the decline of a once great nation like it's speeding up. It's speeding up It's still and you know what I it still is in terms of like earning a living It's it's even that we said all this earning a living, even if we settle this, it's hard to pick another country like Canada as good to earn a living. Even though it's hard, like the job market is blah blah blah. Look what we have here. We have no war. There's nobody's gonna invade Canada. Not from the south, not from the north, not from east
Starting point is 00:20:59 to west. We are safe. Politically, we are safe. The government doesn't collapse every few months. The economy is strong comparatively to other economies. Our currency, we don't fucking like Argentina, they had five different currencies this century. We've had the same one forever. We have educated population, we have a lot of space, clean air, clean water, a lot of resources we could tap into. So much we have here. Still, with all that being said, we talked about Canada's still one of the greatest places to earn a living if you can.
Starting point is 00:21:31 There's a lot of the good, where else can you do it? The United States, okay. After that, what's the next one? Canada's pretty damn good. It's up there for sure. Yeah. And if that's the case, like to earn a living. I just, it's so frustrating. Like, eternally, it's fucking great for that.
Starting point is 00:21:45 It's so frustrating. Like, you know, my daughter is never going to have the same experience I had growing up. I mean, here in Dundas, it's, you know, again, I'm knocking on wood here. I'm not predicting it will never happen here, but nothing has happened here yet. Nothing. So, you know, if we're lucky, it lasts like 15 years and my little one gets a great childhood and then we start to have some real conversations about going. But if I'm not so lucky, then get ready before that, right? It's funny. The biggest thing is we had an example of what people should do. Yeah. And to me, what happened- You're talking about the immigration system. No, what happened in Ottawa three years ago. That to me was the turning point of things.
Starting point is 00:22:32 You have to take control of what you have. Everything else, you're just risking it. And just don't risk it. It's not fucking worth it. And the immigration problem, I naively thought they were going to reduce the amount of temporary form workers coming. It's completely disastrous, is it not?
Starting point is 00:22:51 It's unbelievable what's happening. I'm very disappointed that this happened. If they reduced the amount of temporary form workers and didn't do anything with permanent residents and everything else, I would have been like, this is a step in the right direction and they're fixing it. But it seems like there's no change in anything. There's no fixing the problem that existed. The prime minister acknowledged in October last year, there was a problem with the economy
Starting point is 00:23:13 and it was partially due to the amount of people coming in here as foreign workers. It's creating a lot of more people going after the same job. You look at job banks, job fairs, the line of people going out. Yeah. Fucking incredible. You didn't have this 20 years ago. No. But now you do. And then you're fucking on top of that homeless camps and you have food banks and all this shit. That's just, it's just, it's a step is trending the wrong direction. It's not going to be fixed quickly. It could be slowed down a little bit, but's too far gone man people driving the wrong way in the highways and crazy crazy. Yeah, what are you gonna do? Nothing? Yeah, you know what you can do
Starting point is 00:23:54 You could build new homeless shelters in the city front. Oh god. Here we go. That's what I transition Here we go the segue we should I like what the City Toronto is doing here because they have an initiative to build more homeless shelters and they are doing one with the strategy of the creation of black mandated shelters and it's aimed to provide culturally appropriate services for black people experiencing homelessness in Toronto and the initiative acknowledges that black individuals are overrepresented in the homeless population and seek to address systemic barriers they may face. And so the City of Toronto has gone out there and saying, you know, you could sign up and you could submit your ideas. People that want to do so, you must be an organization that must be black led.
Starting point is 00:24:47 So the majority of staff and board members self-identify as black, black focused, mandated, explicitly serving black communities using black African centered approaches and black serving primarily serves diverse black communities in Toronto. So yeah, there can there be a diverse black community? Doesn't sound very diverse to me. Diverse black community. They're hoping that the first new shelters could be open sometime between 2027 and 2030 and yeah the location has not been yet known. It's retarded. Next story. I like this one. Joy inflation. They say it's 3%.
Starting point is 00:25:31 They say it's 2%. They say whatever the fuck it is. Property tax bill goes up way higher than that every year. MPs, they give themselves a raise of 4%. I believe this year about inflation is 2 or 3%. MPPs decided to do something else. They granted they haven't gotten a salary increase since 2009, but the optics are pretty fucked up in Ontario.
Starting point is 00:25:54 The MPPs decided to increase their salary 35%. And also bring back defined benefit pensions for its members. That's the big shot. The pension. Yeah. Yeah. So at a time where food banks are being used quite a bit, homeless shit, they're fucking trying to build specific black homeless shelters. That's how bad things are. They're trying to do that. They raised their salary 35% Ford. They were in a, they backed themselves into a corner because the salaries were frozen.
Starting point is 00:26:26 It looks like under the McGinty government. Yeah. And then under a wind, it doesn't change. So the optics were really good to keep it frozen. Ford came in power, what, 2015-ish. He couldn't have increased the salary then because look, it looks really bad to increase the salary as soon as he gets in. Then COVID hits 2020. Can't do it in 2020. So he won an election in 2021, right? I think. So yeah, what's the only time to do it would be now. Okay, I can see the understanding for all this,
Starting point is 00:26:55 but still the fucking optics are horrendous. The base salary for MPPs are gonna go from 116K to $157,000, which comparative to some city councils is kind of in line, but still looks fucking awful. I'm actually okay with this. It's the pension I think that people should be open arms about. Someone asked me on Twitter, I can't remember who it was. What is the right remuneration for an MPP and what is the right like requirements for a pension? I said on Twitter, I think I come down on two terms max for MPPs and your salary is
Starting point is 00:27:41 the same as what you came out of before you were an MPP. So you provide your CRA documentation and the province pays you as much as you were making before. If you serve two terms, then you get a full pension. You can retire after that. I'm happy to do that for people who are MPPs. I think that's fine. They make a lot more in private than you do in it. Yeah, whatever. So what? So if they, but I don't want them making more. I want them making the same and that's fine. But they would, their salary would be significantly higher. Some of them, but a lot of them know some of them are teachers, community leaders. I mean, look at a guy like, what the fuck is
Starting point is 00:28:17 that guy doing now? You think that guy making more than he was in MPP now? A teacher now makes 120 K after 10 or 11 years. So it was hired in the base salary before. Um, but now lowered it than a new salary. I'm okay with that. Teach. If you're a teacher making 120 K and you want to be an MPP, I mean, let's face it, I'm paying that salary anyways, Len. So whatever, but I don't want to see people like getting rich as MPPs. If they weren't wealthy before, I don't think that's fair. And I want people to care more about serving because if you serve well for eight years, then you can retire at eight years. If you win when you're 25, you want to retire at 33. I'm okay with that.
Starting point is 00:28:57 If you serve good years for the community. Somebody earning high, like almost a million a year coming in and it's happened and then you're the public. Yeah, you know what? It's yeah. But the thing is people who make a million dollars don't make it in salary. And so if you want to, you know, generally your salary is quite low and even if you want salaries quite low salary.
Starting point is 00:29:18 Yeah, I want to know your salary is. I think that's that's the better way to do it. And I think that the other thing too, is people who serve the community for two terms and get that full pension will find themselves looking to impact the community even after they're finished with government. That's kind of person I want trying to impact the community, not people who are just trying to feather their nest. So yeah, I think there's ways to improve this. I don't know. The pay raise though, optics may be bad, but it's way overdue. It's way overdue. And by the way, 35% for 16 years, not even close to enough.
Starting point is 00:29:57 Not even close to enough. Just the timing and everything. Just fucking brutal. But good thing for people out there, if you're a first time home buyer, if you're looking to buy a home up to $1.5 million, Canada has now passed a or has issued a new relief for them GST is no longer going to be applicable for your first buy up to 1.5 million. I don't know how many people this is going to impact. Just I don't think there's a lot of first time home buyers out there that are going to really move the market. But it just adds 15% to the ticket price of the
Starting point is 00:30:33 house. Sellers can sell to whoever they want. And because the market is so tight, at least it was a year ago, I don't know exactly how it is now, but people will often tell you their first time homebuyers to try and get an advantage over other candidates for the house. And so you could say to someone who writes you a letter, okay, well, you can have the house, but I'm adding 15% of the price because you don't have to pay the GST. Like it's obvious this is possible and people can ignore it at their own peril. But like everything, when you when you when you incentivize things like this, you just slide the window, right? You slide the you slide that number in somewhere else that savings and this is going to be
Starting point is 00:31:17 another example of that. It's not that hard to figure this out. I don't think I have doubts that it's going to be the actually Booms. Dust is saying in a chat, he's saying a 10% down payment. 1.5 million is 150 K who has that. You're right. But there's a lot of condos out there that are not sold in Toronto downtown that you could get for 500,000. So 50,000 lot of down payment might be more reasonable, might be more manageable and achievable to get.
Starting point is 00:31:41 So we'll see. Yeah. Price of groceries. Do you want to talk about that at all? Because it's in the title of the show. We should. Yeah, we could. I mean, the warning from Loblaws that prices are going to go way up thanks to the tariffs. Just a friendly reminder that Prime Minister Carney reduced the tariffs that we were putting on the United States, the reciprocal tariffs to almost zero. And now the tariffs we're charging are separate from that elbows up campaign and only affecting Canadians.
Starting point is 00:32:12 So I'll just, I'll note once again, okay, to the boomers, goldfish level thinking here from these guys. A year ago, 18 months ago, you were telling us at Thanksgiving, at Christmas, at birthdays, that the reason groceries were so expensive is because these grocery stores were price gouging and that inflation was lower than they were saying and we were getting ripped off. Now a year and a half later, because Trump is involved, you've completely abandoned all critical thinking skills and prior knowledge. And your stance now is that these same grocery stores who have the perfect excuse to pull
Starting point is 00:32:50 competitors products off the shelves are now only charging more because of tariffs and not because of price gouging. This is like retard levels thinking by these people. And there's no other way to put it. There's no softer words. And even if there was softer language, I wouldn't fucking say it's retarded. And you can't help this way of thinking. There's no, there's no aligning with this demographic anymore. They don't get it and they don't care. And they're just too stupid to see the gap between last year and now. It's
Starting point is 00:33:22 I just want to end it on this one last story. This lady, 96 years old, crazy, crazy at Dartmouth, Nova Scotia, can't find a doctor. The last five doctors either that she had either moved away or retired. So she had to put a ad in a newspaper in order to find one. And she ended up getting one after doing this. So that's the length of the measure she had to go through in order to find a primary care doctor. It's funny In a way sad for her that she had to put an ad into fucking paper What is good? Do you do you have any opinion not to drag yourself for too much longer?
Starting point is 00:33:59 So I'll have to keep my mother-in-law upstairs watching my daughter but do you have an opinion on like what's going to happen to the demographics of the country in terms of the election once boomers start to need more regular medical care and can't get it? Do you think that that'll be a wake up call? Or do you think that it still won't matter that they'll talk about the Ford government is making cuts to health care? Ford government is stopping hospitals from being built. Ford government is you know whatever it'll be blamed on the provinces passed down the chain or do
Starting point is 00:34:34 you think that'll be a wake-up call for the boomers because that's when you start talking about life and death right like right now it's still hypothetical for a lot of them boomers are very healthy you know these people I know boomers I know are very healthy and even the older generation than them, like my grandmother's still alive. She's like 94, lives on her own. So, you know, is it, is it only going to hit home when they can't see a doctor and they're in pain for six months? Like when is it going to hit home for them? And when it does, does that change the way that they vote? Because they voted overwhelmingly for home for them. And when it does, does that change the way that they vote? Because they voted overwhelmingly for Carney in the last election, right? So.
Starting point is 00:35:07 They would have voted for conservatives historically because that's what the old people tended. So really? Is that right? Yeah. The boomer or the old people tended to vote conservative in the past. Now the boomers now, they were a few years ago they were in the working class like they were still working everything. Yeah yeah yeah. That's just everything a shift. I think in five years there's gonna be a lot of people just unfortunately passing away. And I'm wondering how many people that are just
Starting point is 00:35:38 on that are citizens of Canada that are just fucking irate. The younger people that there's I don't know what's going to happen. Are you still thinking we're dragging this out now, but are you still thinking that that graph I showed you earlier, all those people who came here to work in our temporary, quote unquote, temporary, you still think they're not going to get fast track to voting status? No. It's a long process to get that first. It's a long process now, yeah, for sure. It's, yeah, and I'm not sure how much you could fast track it and it's not gonna, in a best case scenario, they'd be eligible to vote in two elections if they go to term. That's best case
Starting point is 00:36:21 scenario, but I don't think it's a lot of them are they have to leave, right? Their status is expired. Now, the fact that they leave may not happen. It may decide to stay here for what I think we're I think we're all in for a rude awakening on that portfolio that not only they're not going to leave, but they're going to get fast track citizenship. The one way you could eventually stay here is there could be a bona fide relationship with somebody that can get married and bona fide marriage. And then they sponsor you. And then that's how it's, you know, that's been done before.
Starting point is 00:36:56 It's going to be done again, but it's a lot of women that you have to find it. That could be more, it doesn't have to be women. It could be anybody these days. It's a lot of partners you have to find that's gotta be made it up and it they gotta be bona fide relationship so it's gotta prove that that's it everybody military service equal citizenship yeah maybe hey listen I'm up for anything man but I you know talk about a black bill episode there's a lot going on that I think you should be concerned about as a Canadian. I think a lot going on.
Starting point is 00:37:26 Are you more angry today than yesterday? Are you more angry yesterday than you were the day before? I'm about the same, to be honest. Yeah. And I'll tell you what else like I am starting to see in my sort of personal life, significant, like I said this before, significant gaps between people who think everything is fine and people who understand that they have to start preparing and whether it's Bitcoin or income properties or whatever, right? There's a lot of people who understand that there is no one coming to save them and they have to start amassing assets to be agile and have enough firepower in their bank account or Bitcoin wallets, whatever, to make moves when things go sideways. But there's a lot of people still don't think things are going sideways and it's going to be undeniable soon.
Starting point is 00:38:11 And by then, again, like I encourage you guys to go listen to the money talks episode I did because I think I covered it well. But you're getting to the point now where you need to have like at least, I would say at least, honestly, $100,000 worth of Bitcoin. And you got to start doing it now. You have to start fucking piling into it now, not financial advice. Your situation may vary, your mileage may vary, all that stuff. But the TFSA thing, I said this on the show before, was a fucking huge red flag for me. The capital control is proposing the TFSA. We'll expand your contribution room to 12,000 if you give 5,000 of it to a Canadian company
Starting point is 00:38:53 that we pre-approved. That's like, that's fucking bad. That is fucking bad. Keep DCing in the square into MSTR and all this stuff. I know, I know. I gotta take my own advice. It's in the beginning of our show we have that new theme song that talks. I know. Of all the things, of all the things, Laughs could have picked out for the fucking sample. He picked out me trashing MSTR. I don't know. Did you pay him for
Starting point is 00:39:17 that part? I think this was all Psyop to get me to convert. No. No, absolutely. To be perfectly honest, everybody what anything anybody does? I do not give a shit all I do is I speak and Either I make sense and people listen or I just talk gibberish and people should just do the exact opposite I'm saying and I honestly do not give a fuck because it doesn't change my life one bit I just do what I got to do for myself and what happens ever I don't give a rat's ass That's that it's a sad reality. Yeah, like, you know, I just do what I got to do for myself and what happens every I don't give a rat's ass. It's a sad reality. Yeah. Like you know I just want to say one thing Canada is going to paper
Starting point is 00:39:50 over any problems. They can try for sure. Yeah. We have what 400 billion dollar that's being spent. Like budget. Yeah. I there's a lot of questions not many answers but they could do this for quite a while before things really go and even the Canadian dollars sitting go at 73 cents last I saw at a time when Bank of Canada is lowering rates the Canadian dollar is still holding its own even climbing against USD like there's a lot of like what the fuck is going on here I don't understand just wait buddy everyone I am that's what I'm doing I just put in my time and do my thing and you know when time comes execute. That's it. We're uh we're out of here. I'll see you guys on Wednesday with Mike and until then start stacking. Take care of yourselves.

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