The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin - Carney's New World Order, China's EVs in Canada, Ontario Sees HUGE Homeless Spike | The CBP 248 Pt 2

Episode Date: January 21, 2026

SUBSCRIBE AND JOIN US LIVE EVERY MONDAY NIGHTBitcoin's biggest week yet. We break down everything: BIP-110's soft fork controversy (can 45% hashrate really win?), Eric Adams' NYC memecoin rug pull ($1.3M gone in 30 minutes), solo miners earning $300K blocks, and the Strive-Semler Bitcoin acquisition creating the #11 corporate holder globally.But it's not just crypto news. This week's also about decentralization actually working: X killed InfoFi with one API ban (validating why decentralized social networks matter), Uganda shut down the internet and 400K citizens downloaded Jack Dorsey's offline BitChat app instead, and Iran's $7.8B crypto economy proves Bitcoin's hardest use case is real—escaping financial repression.We also cover Canadian policy: the Federal Court ruled the Emergencies Act unconstitutional, Canada just pivoted to China with a major trade deal, and Ontario's homelessness hit 85,000 (government spent $4B and the problem got worse).⁠Discord:   / discord   A part of the CBP Media Network: ⁠www.twitter.com/CBPMediaNetworkThis show is sponsored by: easyDNS - https://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.256Heat -⁠ https://256heat.com/ ⁠ GET PAID TO HEAT YOUR HOUSE with 256 Heat. Whether you're heating your home, garage, office or rental, use a 256Heat unit and get paid MORE BITCOIN than it costs to run the unit. Book a call with a hashrate heating consultant today.RESEARCH LINKS:BIP-110: https://stacker.news/items/1413227Eric Adams: https://www.nytimes.com/2026/01/13/ny...Solo mining: https://bitbo.io/news/solo-miner-rare...Strive-Semler: https://cryptobriefing.com/strive-add...21Shares: https://www.globenewswire.com/news-re...X/InfoFi: https://blog.mexc.com/news/x-kills-in...Self-custody: https://x.com/BitcoinNews/status/2012...Iran: https://www.chainalysis.com/blog/iran...Emergencies Act: https://www.fca-caf.ca/en/pages/decis...Canada-China: https://www.international.gc.ca/news-...Ontario: https://www.amo.on.ca/events-training...Uganda: https://www.reuters.com/business/medi...

Yeah, I went for dinner or lunch with Mark today, and we had a nice time with the Collins and Dundas. Love that place. Love that place. I wanted to go for Thai. I was thinking about Thai, but Mark wasn't feeling it. So I said, all right, the burger was pretty good. We ended up both getting chicken sandwiches, which I don't always do. But the good Nashville chicken sandwich with the Collins is a winner for sure.

Yeah, love that. Love that. We had a good talk. I like talking to Mark. I can see Mark in the chat. I'm not glazing them. But it's good to talk to somebody who's on the same page in a lot of ways. we were talking about how there's so much black pilling going on.

And when you go on Twitter, it's either blackpilling or someone like slop coding a trillion different apps. I just broke down this $10 billion business in 30 seconds. Here's what it means for my LinkedIn friends. And it didn't take it long. I just was vibe coding to get to that. I made an app. I showed Mark.

I might maybe I'll try and sell it at some point. But I think it's pretty clever. Who owns the IP to that? I own it, I guess. Or Claude. Maybe Claude owns it or Replit. I think I used Replit for it. Or replete, replete?

I don't know. Be careful because you do not want to get sued later on, right? Well, suit for what? For what? You don't even know what the app is. Oh, fuck. You're not trying to, man. You can't just reverse engineer stuff and fucking copy it.

My IP. My IP. My IP. It's a big different. Where do you want to start? It's talking about silver. Not sense. Sure.

Okay. The U.S. Mint. They're even temporarily selling products that have. some silver in it and it looks like they're halting sales you just they're temporarily halting it and so they're going to reprice things and then they'll make things available in the future but the way silver is going up they got to just wait it out for this stuff it's almost at a hundred usd yeah that's got it's got a date with a hundred buddy you bet on that fucking what an epic rise

for this and not just the other raw materials too and it's causing issues right for the mint and nickels you know nickels costs now way way more to mint than what it's worth so it's a money losing game for them the senior age does apply to nickels but other

things like dimes and shit like that certainly does lecture cards too are they're going to be taking a hit because you know Carney we'll just quickly talk it mentioned that they open a door for a few Chinese cars to EVs to enter our marketplace. But remember, EVs, they have some silver in the batteries, right? So not a lot, but enough that it's going to cause some problems when you do mass production of this shit.

And in the end, it's going to cause a little bit of price rise for the car, the EV cars. Even electronics, you were mentioning get electronics now because laptops, cell phones, tablets, they all have some silver in it. Yeah, man, I'm telling you, dude, like I bought a MacBook. air for, like for me, maybe a week ago. And I don't regret it at all because I, I know for sure that this stuff is going to become so expensive and so hard to get over the next little while. Apple actually has a locked in price for some of the components, but not for the metals, you know, not for the cost of batteries, not for all this stuff. And like, man, I, you know, you look at

the price of silver, which, by the way, like, I think a lot of people still consider to be, consider silver to be a monetary metal? I don't. You can make the case for gold, for sure. Gold is like a different animal altogether. But silver is telling you a commodity story and an energy story, not necessarily a currency or global stability story. And I think that people are thinking they're the same thing, but they're actually two horses pulling that same buggy in a direction that's not good for any of us. And I think people are kind of missing that two-prong. two-prong view on those two moves. And AI

data centers, too. Forget it. Forget it. They're fucking trying to put, you know, there's a huge shortage of equipment like RAM, VDR. Can't get it. They're buying. So I'll break this down a little bit for people who are listening and watching, of course.

Look for some changes on the YouTube side, by the way, coming up soon. The thing about the people who don't, like, I'm not saying, there's nothing wrong with not understanding the shortages. Like, I try and talk. to my wife about this stuff is I'm just like babbling in the kitchen. And I, you know, when you say to somebody that there's going to be a shortage of equipment, what they hear is

AI companies are going to buy all the graphics cards. They're going to buy all the RAM. They're going to buy all the X, Y, Z, whatever. But what they're actually doing is buying like the, at the wafer stage, it's called pre- like pre-manufacturing silicon graphics cards, whatever, and using it for other applications in their process. And because they're, you know, in a lot of ways now, because the Meg 7 is really spearheading this, they're sort of the tip of the spear, they're too big for the government to tell them no. It's pensions, it's stock market, it's everything.

They can't, they cannot. Yeah, John's saying in the chat, they're buying chip futures. Love that. You cannot tell these guys they can't buy the stuff. because not only is it a risk on the sort of like stability side, thanks to all that, but also Len, they, they're like 3% of the, or like 50% of the GDP growth over the last three years in the States. Have you seen these numbers? Like AI and AI adjacent companies are like between 40 and 50% of GDP growth in the U.S. They need that number to keep going up.

And it's just going to get worse for the average person, you know? It really is. And like I said earlier, you have guys like Bezos talking at Deal Book and God knows what Davos is going to yield this week. I almost want to break stride and do like a best of Davos video on this channel and just pull clips like no agenda would or something because God knows there's going to be some bangers. But you're going to see more of this own nothing and be happy. It's your house, your car. And now it's your computer too. You get nothing, man. You're streaming. It's like, Jesus, man. You're just, you can't win. You just have to be prepared is the thing you have to do. Are you prepared for that?

And I don't know if you are or not. John saying I shouldn't do the Davos video, John, just because you said that, I might do it. A Davos clip poll video would be great content. God knows it would get a ton of place. People love that shit. But you're right. It might be damaging to my mental health for sure. Have it figured out for you.

That way your mental health isn't going to be suffered. Send someone else's mental health. Yeah. It's a computer. in the end it's it's worth a lot now because of silver the US I'm not sure if you saw you must have saw this story they're pausing immigration for some 75 countries out there overdue probably I told I told someone today that I'd stop painting everyone with a

broad brush so I don't want to talk about immigrants broadly but let's talk about it as a US problem that most Western countries share there's a problem with integration and there's a problem with ethnic enclaves because we've let I'm going to say we here is if I'm an American We've let too many people in at once and it's causing issues. The Minnesota stuff really did blow the lid off of this. So the way you're framing it, though, if I explain one of the countries that is off the list, may you just kind of debunk exactly what you said.

India didn't make the list. I know. And the reason for this, they said the countries they have in the 75, like Somalia, Haiti, Iran, Eritrea, et cetera. They say they're the ones that typically are used. using social services, like healthcare and stuff like any. Indian immigrants do not statistically. Yeah. So in terms of integration and stuff like that,

you can say what you want about them, but the Indian community statistically do not take welfare. They actually outperform here too, compared to some African countries, some Eastern European countries, especially second generation, they outperform. Are they still, are they net contributors, you know, on the whole? I don't know,

but they outperform other immigrant groups. So we're also still like, it's going to sound like someone has a gun to my head off screen the way I'm talking here compared to what I usually say. But the other thing to consider is that we haven't run the experiment in terms of like third and fourth generations in this environment long enough to know whether or not they will become net contributors and outproduce going forward. There is a case to be made that we should halt immigration anyways because we have an infrastructure problem and the U.S. is probably feeling the same way. And then, of course, the Minnesota thing, you know, once public opinion goes a certain way, it's really hard to get it back in the bottle. I will, I'll mention that I don't know if you guys know this, but I heard on TFTC today in the 10 minutes I listened to it that that Nick Shirley kid was at the White House last year for something else entirely. So now I kind of think that guy is like a plant of some kind or is like funded by the mega wing of the Republican Party to drive policy. I don't know for sure, but it's an interesting factoid that I had not heard.

And Nick, you know, I would say conspicuously leaves out of his public appearances on podcasts and whatnot. So anyway, on the topic of immigration, I would like to see us do something similar, honestly. And it sounds like we're going to. I mean, we've seen this like big pushback, right? about, you know, why are we, why are we allowing reunification, basically, where someone comes in and then their grandparents and parents and cousins or whatever come in as well and don't contribute and they're sick in a lot of cases or just, maybe not sick, but unhealthy, let's say, and they're going to be immediate drains on the system. It's, it is abrasive

and grading to talk about people in this manner. They are humans like you and I, but at some point, there has to be an admission that there are limited resources and infinite wants around the world, especially for a place like Canada in terms of the social support systems and in the U.S. in terms of opportunity. And by the way, immigrants to the U.S., oftentimes the highest performing immigrants who come to the U.S. greatly outperform the highest performing immigrants to come here, which is another consideration. Why is that happening?

Mostly because we program for equality here and the state's programs for opportunity. and that's another variable that needs to be considered in immigration. There's things that we can do to help our immigrants that we're not doing. Anyway, I'm rambling now, but go ahead. Those 75 countries that they've shut out

that's going to be soon. I think it comes into effect later this month. The people that are now abroad wanting to go to the United States, it was their first choice, and now it's no longer there. And if they still want to leave their country of origin or the country you're living in,

they have to be somewhere else. Canada may be the next one. Yeah, that's not good. It's not good. So it's a possibility that there's going to be an influx of applications, not necessarily immigrants entering Canada because those numbers are capped, but in terms of applications being filed, unless those applications are capped, I don't know.

Not sure. Maybe they could increase those numbers because people would be more opt to apply to come to Canada, because they are now shut out to go to the United States. So just who knows if that's going to have a big difference here. Yeah, I'm not sure. I'm not sure. I just want to address John saying in the chat about the next surely thing. Fraud is fraud.

You're right. I'm not saying it's not saying it's not good. It's good to expose that stuff for sure. And it may cost some social unrest, but that that's a symptom of the problem. The problem is not the reporting. The problem is the fraud. I totally agree. So reparations from the city of San Francisco looks like it's going to be.

These guys love falling on their own sword over there. So there is certain criteria. has to meet and the four are you have to identify as a black African American in public documents for 10 years you're going to be born in San Francisco between 1940 and 1996 and have lived in San Francisco for at least 10 years why 1996 if you're born in 1997 are you not considered somebody that's impacted if somebody just a year to year I don't know anyways you got to be descendant of somebody that's been enslaved before 19 it's right 1865 and you have to be a member of a historically marginalized group experiencing discrimination from 1937 to

these years. I don't understand it, but either way, it's being reported that each black person could potentially get up to $5 million. And they say the money is not going to be coming from public pockets, but it looks like instead it's going to be coming from some sort of private donations, something else. So it's not going to be through tax dollars is going to be done.

And it's going to be done somehow through some private money is going to be done here. So interesting stuff. So it's not anybody that's just considered to be black or identify as black. There's some criteria you have to meet in order to qualify for this. Interesting. Yeah, it's just a way to put it. You know, apart from the reparations nonsense, which, by the way, competent minorities of any, you know, ethnicity don't want.

It makes them villains in their own communities. And I think in this day and age, where everyone is thinking more zero-sum than ever, it's important that states and cities don't do this, but here we are anyway. I would say that California has a lot of problems coming down the pipe here. I'm assuming that the Democrats will try and get Newsom into federal politics in 28 because he just seems to be talking a ton. And he's getting pretty popular people on this podcast that he has and he's going on other podcasts. and I will assume that they're going to try and get him in there. And I look at San Fran and I look at just California,

the state more broadly. I mean, you've obviously seen this story about the one-time wealth tax. Have you seen this? No. There's a plan to tax anyone worth over a billion dollars, I think, 1% per year for the next five years of all their assets. And it's not just assets that are sort of, you know,

it's not everything that's bolted down or whatever. You're forcing people to liquidate so they can pay a tax. They're also forcing people to, they're also forcing people. There's two things, two other problems, right? One is that it's a private asset seizure. Dave Freiburg talks about this on All In all the time. It's a private asset seizure that is unprecedented.

And once you open the floodgates for that, no one's going to invest in California. No one's going to buy their bonds. No one's going to do any of that stuff. It's crazy to do it. So we're not going to, like we can't have that, but they're going to try. The other thing, though,

that no one talks about when, it comes to stuff like taxes on assets that are not on the market. Things like, for example, I mean, it's the home of the startup, Silicon Valley, things like unvested shares in a startup company that's at the IPO stage. You're at like the seed round stage. If you can't get market value for those, then the government is going to tell you what they're worth and they're going to usurp the market. And then when you have to pay the tax on them, you have to divest. Either you divest and the market is forced upon you with people knowing you need to divest to make your tax burden or the government decides what they're worth and you don't divest and you find the money in other places. But either way, the free market takes a back seat, which seems to be the problem at the core of all these things.

Like whether it's reparations or taxes or any economic or social issue, they just refuse to let the market dictate the outcome. They refuse. The thumb is always on the scale. And the fix for the thumb on the scale is never take your thumb off. It's just put another thumb on the other side. And now everyone's thumbs are on both sides of the scale. And no one knows what the weight of the stuff on the scale actually is. It's a huge problem there.

And I'm surprised it doesn't get national coverage in America. I suppose Americans already know it's bad maybe and that's why. But it seems like it's underreported. I only ever hear about this stuff sort of in passing on Twitter. And I'll do a little deep-dive. or on All In, they talk about it because those guys are all moving to Texas. But it seems to me it's like a total mess. And I see in the chat, people saying it's ripe with fraud.

Yeah, I think that's true. But it's also just ripe with incompetence, very public incompetence, which is rare for a place that size. That's that tightly covered. And by the way, like I said, I think they're going to take the guy who's leading the state and try and run them federally in two years. I'm surprised it's not being more widely discussed. I want to talk about Carney's new world order Do you care

Do you care about this comment You know I found it funny But if he just want to do this He's got to hurry the fuck up Because Hollywood Hogan is gone Kevin Hageman is left So if he's got to do this

He's got to consult the last original And who knows how much longer He's on this earth So hurry the fuck up If you want to talk to Kevin Nash But yeah So there is some The new deal we should talk about

At least the deal with China Sure and so there's going to be some EVs that are going to be coming into Canada. Not a lot, right? It's going to be 49,000 Chinese EVs that are going to be entering Canada. And so I don't think it's going to make a huge impact if they're going to keep it at that. And those 49,000 cars are going to be no longer tariffed 100%. Beyond that, I guess the 49,000, the first car is going to get the 100% tariff.

So whatever. Canola oil is not going to be taxed. as high in China, Canadian-Cloil, 85% down to 15%. Why not zero? I guess it's because 49,000 cars, they're just playing, you know. The weird thing, yeah,

the weird thing is that people in Canada, like the people who are all riled up about this, making the soy face about the cars, the case I keep hearing is that the cars are really good bang for your buck, and they're better than Tesla. People hate Elon Musk's led by Chinese spyware, which is like a whole other level, of derangement syndrome, Elon derangement syndrome. But let's say that aside, okay? The reason that

the Chinese EVs are so good bang for your buck if you buy them in China is because they're subsidized. So you get a car that costs $30,000 to manufacture, let's say, for $15,000 thanks to subsidies and incentives. You're not going to get those same incentives here. Or they're going to ship you a car that was cheaper to manufacture and sell it here. Or they're going to sell you a car that's missing a couple of, they're cutting a couple of corners or whatever. Or like, or or or or or There's many ways they're going to make up that difference. Unless we here put in subsidies, I don't think they're going to be cheap. Now, the best part about this for China is that the insanity around Elon and Donald Trump here is so bad that people are going to buy those cars regardless and drive them proud.

There's only $49,000. Have bumper stickers to say, at least it's not a Tesla or something like that. There's a whole market that's going to emerge around this. $49,000 is the start. But, you know, they're probably going to keep going. if it is truly a new world order and we're entering into a strategic partnership or whatever. I don't think so.

It was not too long ago. It was not too long ago that there was discussion that Chinese was influencing Canadian politicians. Carney told people during the election they were the greatest strategic threat. Right?

That was nine months ago, give or take. Yeah, yeah. And yeah, a lot could happen in nine months but we had that one conservative MP that was publicly talking about how he was, his family was contacted and shit like that. And there was discussion, some sort of RCMP report. I couldn't be wrong about this. So I remember reading an RCMP report saying that there's a number of MPs that were somehow dealing with the Chinese or influenced somehow by Chinese.

I don't know. This is just a trend in the wrong direction. One thing I did not mention is Canadian LNG liquefied natural gas is going to be exported to China. I thought there was no demand for this. No business case was the word we heard. But here we have that somebody wants it. What the fuck do I know? The one China policy is another thing because the official Chinese press release

after this agreement between Canada and the United States talked about, China was talking about the one China policy. And so Taiwan, it doesn't seem to be part of, it's never been a part of there. So is Canada going to adopt the same type of idea? I don't think so. We're telling ourselves in. knots with these like weird you know we are supportive of attacking Hamas but we want Palestine to be recognized as a state we refuse to take American trade deals but now we're

going to go in with China by the way the big thing that's going to come soon in terms of the question I see in the chat about the spring election uh kuzma if kuzma is this is dissolved and Trump shows no interest in renegotiating it like that's going to be a problem for like What are you going to do? What is the plan if Kuzma dissolves and overnight tariffs on literally everything go up by 20%? Or I shouldn't say go up by 20% have 20% tariff tacked on to them. What's the plan there? Is that the result of not having? In some silos. In some silos. Yeah. And others, it'll be higher. Like it's overnight this is going to happen. And people are talking about, you know, not to, I don't want to rag on you because this was the headline.

You know, if Carney said New World Order, give your head of shit. shake, guys. Your life's going to get so expensive if Kuzma expires. You're going to be begging to become the 51st state. I mean, no one in this chat has any issue with that, I'm sure. But the idea that you're going to just suddenly absorb that cost when Mexico is going to come to the table. Mexico, by the way, better manufacturing than us, right? No doubt about that. No labor unions. Low cost. On the water as well. What, you know, We are looking more and more. Sugar and the Coke.

We are looking more and more like an economic slash military zone to be acquired rather than a partner for the United States. Do you think what's going to happen? I don't know. Somebody I know, Mark told me that he thinks there's a long-term play in the works between our two countries. leadership outfits to make Canada a target for annexation vis-a-vis the China partnership. Maybe I told Mark, if I didn't have to record tonight, I would have carved out time to record within this afternoon. Maybe, I don't know, Mark, text me.

If you're free on Wednesday, we can talk on Wednesday night. We'll just do it online. But I think it's interesting stuff there. Let's move over to freezing people's bank accounts because apparently that was wrong. Not just immorally it's wrong. It looks like the courts even say, yeah. Legally. Legally wrong.

So according to the federal court of appeal, the federal government was trying to overturn a 22 decision that said using the emergency acts was unreasonable and unlawful. And it looks like the federal court of appeal didn't agree. It says this is definitely unreasonable and unlawful. And so there was no national emergency, no threat to public safety. And so the use of the Emergency Act was beyond whatever tools that they should have used. And they said this move encroached on people's rights and violated their charter of rights and freedom, specifically Section 2B and Section 8. Now, the question is, will the federal government now take this to the Supreme Court?

Potentially, why not? Doesn't make sense that they would just let this one die in the vine. what's the backlash from all this though we've had the lower court say they did it wrong we had the court of appeal say they did wrong the backlash you have one person chilling on a Z man's yacht

another person flying with Katie in a private jet at least maybe not anymore they've broken up the lens looking at the tabloids he's checking the tabloids I've heard of that it's the case right it's fucking like the reality

it's fucking bullshit that this is this happened. And it's not too long ago. It was less than four years ago. It was embarrassing at the moment. It's embarrassing to be Canadian. It helped me to find who I am as a Bitcoiner because when you don't have control of your funds, it's not your funds.

And that's why I am hardcore, take your money, put it in, take your Bitcoin off, the exchange, keep it in cold storage and you can sleep better at night because that's the case. If you do that, they can freeze whatever they want, but they can't freeze your Bitcoin. So at least I take that away. It's too bad a lot of people were heard as a result. Are they going to get retribution from this? Except for this, is giving up the $5 million for certain things.

Will people get anything here? I don't think so. I don't think so either. I don't think so either. The judge who's hearing the cases related to convoy protesters being tried, the guy who's hearing the appeals, attended a private Mark Carney fundraising dinner and called protesters dangerous during the convoy.

stuff in 21. So you can guess how those cases are going to go. On the Z-Man's yacht, even wrote on notes saying we should classify them as terrorists. Yeah. Yeah. Freeze-making counts classifying as terrorists. I think then she also said that it wasn't her writing. Do I have that right?

It was in her writing. Yeah. I think she said it wasn't in her writing. Oh, okay. I think I don't want to, don't quote me on that. Someone fact-checked that. I don't know if we're talking about the same individual. We are.

We know, we are. I don't know. no, I don't want to, you know, I never said names. Yeah, yeah. So I never said even a gender. Anyway, let's move on. Some third level, third world bullshit, right? Like this story that came out and a lot of people read it and Global Mail was saying

that approximately 40% of the $80 billion invested in Canadian private real estate funds, they're being blocked from withholding their capital. And the reason for this is there's been a huge downturn in Canadian real estate. Anybody that's looking at the markets, they realize that price of homes are not as high they used to be. Price of doors. Price of doors. I always couch this because people say homes. What they really mean is anything that has a door on it, condos included.

That's a home. Yeah, but like that's really dragging single family dwellings down, multifamily dwellings down. It's the condo market that's really bleeding and the pre-con market that's really bleeding. No, there's houses that are taking... Some, some. Yeah, yeah. In some cases, I don't know the specifics, but I've seen some...

I forget who to fuck table sale or something reporting. Maybe I don't know what the fuck it was. Yeah. But some are 30, 40% down from the all-time high. Yeah? That's incredibly low. And so these real estate funds, they're blocking people from taking up your capital.

And they want to stop any further losses in real estate because, you know, keeping it in there is one way to stop the bleeding, at least temporarily. And I just want to point out that this shit doesn't not happen in the Bitcoin world. Like, if you have your keys, you can do whatever fuck you want with it. You want to hold on to it. You want to move to any address. No questions that need answering. None of that crap.

It's your Bitcoin. The way money should be, it is that fucking simple. So, just more of a heads up. Anybody out there that's invested in shit, be ready because it's not your fucking money if you want to get access to it. It's somebody else that they decided. The reason you can't, I mean, you can, these things are, I think, I don't want to say fine, obviously after this story. But the reason they're popular is because the idea is that you can invest in real estate in a little bit more of a liquid fashion by buying like these trusts. the thing that people don't consider is that if there is significant divestment from the trust,

then what has to happen on the asset sideline? They have to sell. No, they have to sell property. Yeah, and that goes down. That's what they're trying to achieve here because they don't want people to leave and add more inventory to the market. Exactly. You're 100% right. And I think people don't realize that, especially retail.

Retail looks at these things and is like, oh, this is great. I don't have to buy, I don't have enough money to buy a house. So I buy a reed or like this thing that. God, what is it called? I forget some other service where you can buy like, you know, five bucks worth of a neighborhood or something in West Vancouver on your phone. It's like, I mean, what are we doing here? Are we that?

Are we that real estate speculation crazy that this is how we're spending our money? The answer is yes. A lot of our economy based off this. They dangle that carrot in front of us. Or you could put your money into an RRSP or a TFSA. Yeah. And you get some tax advantages from. doing so now it's the fucking cared but you know you never know what's going to happen in the end when

it comes time when shit hits the fan and you want to get your money and it's not there it's not your money yeah oh well yeah sorry about that sorry why you buy bitcoin uh guess one last story sure we go to the ham versus ham versus brampton man we have a homelessness story in ontario apparently homelessness went up eight percent in 2025 we now have 85 five homeless people in Ontario. I thought that's insane, man. That's essentially a small town. And of the 85,000 people that are homeless in Ontario, 20,000 are children and youth.

And they say there's 2,000 encampments, homeless encampments throughout the province of Ontario. And estimates show that the number of homelessness is going to rise in Ontario to 177,000 by 2035. And that is not taking into consideration anything that could derail the economy. This is why I support sending money to Z-Man. He could do much better than what we could do over here. Fuck the homeless. He needs money. This is what we should do.

The homeless can't rebuild Ukraine. I mean, look, the homeless thing is bad on its face. But if you think just one step further, because this stuff happens on the margins, right? The margins, let's say there's always one variable that's going to push people over the edge. They lose their job or something, right? Fine. when you start talking about losing your job, you're talking about economies weakening, and you know, we've talked a lot about how the economy looks in a world that's going to start

moving toward AI and outsourcing and this sort of stuff. This is not new. But now there's a bunch of other sort of, you know, pins coming at the balloon that just weren't in the thought process before. They weren't in the calculation. One of them is addiction. Why? Because even if you keep your job, you may not be able to eat enough food to survive.

or you don't feel like you're getting ahead, or you're having spousal issues or whatever, or you're on social media too much and you go that direction. Like, there's all sorts of different on the margin pins now coming for your life, you know, your sort of lifestyle balloon that just weren't there before. And I expect to see, you said that number was low. I think that number is, I mean, that's about where I was expected to be, I guess. What's population of Ontario? 10 million?

14. 14. Okay. So, you know, you're still pretty low ratio wise. 16. Yeah. So what is the number in like Manitoba? You know, it's probably significantly higher as percentage of the overall population. I bet it's the same in, uh, in Saskatchewan and maybe also in, uh, BC is probably the highest just because. Yeah, it got to be per capita, right? Yeah. Yeah. I think it's just a lot to do. I mean, not just, uh, how things are in terms politically, but the weather. Being a homeless in BC in certain parts of BC, it's, I don't want to like, it's better. It's better. Yeah. That's, that's the, I, that's the, I, I, I, I, that's, that's, I, I, I, I, I, I, I, I, I, I, that's, I, I, I, I, that's, I, I, I, I, I, I, I, I, I, I, I, I, I, I I don't know how to frame it any. But yeah, imagine being in Manitoba or Saskatchewan

and being home with that. I wonder how the fuck you get by in the winter. Yeah. But in Vancouver, you know, who knows? Yeah. I think this is going to really accelerate,

I think. Right? Don't you think? For sure. Even they're running. Yeah, government programs cost money. I know.

Like, everything is expensive now. Whether you're trying to fix it or trying to avoid it, it's just too much money to bear. So, I think, it's time to transfer over to Let's do it.

And brought to you by. 256 Heat. Do you want me to do it? I'll do it. You go ahead because not only that, you could bet on this too. I don't recommend betting on this, but you know.

You can bet. I put the link in the YouTube chat. So if you want to bet on, if you want to gamble on whether or not I get this right, you're free to, you D-Jan. You can gamble on the national championship game

like a loser or you can gamble on whether or not, I guess, if the crime was going to Brampton or Hamilton. 256 Heat is running a minor right behind me here. And I think I told you my pilot light went out in my HVAC last week. I didn't tell you this?

No. Yeah. The pilot light went out in my HVAC last week or the week before I forget. And I obviously have a little one at home. And we can't allow it to get too cold in the house. I think it got down like 66 on the main floor. And I said to Kenzie, you know, if we can't get an HVAC guy here today to replace the part, then I'll just bring the minor upstairs.

And her eyes lit up. And immediately I said to myself, This sort of thing has value in a place like Canada because one, you never know what's going to happen to your HVAC. Two, you never know how cold it's going to be. And three, if you do have to bring it upstairs, you don't want your wife telling you how ugly it is. You don't worry about any of those things if you go to C-Tuan or 2560s. So send him an email. Tell them we send you.

You get a discount, 5%, I think. And he will help you fit a custom solution for your needs. There's no website shop page. You talk to Twan. He'll walk you through what you need. and you'll be satisfied. Everyone who's bought these things has been satisfied. And I think you will be among them as well, Aon, if you haven't bought one yet.

It's time. All right. So we've got a couple of stories here. You can play along at home if you wish. If not, fuck you. But either way, Joey, this is for you. Let's do it. I got to shut the comments off.

Okay, here we go. This man was arrested after four carjacking attempts in one hour. So a 24-year-old dude is facing charges. after four alleged carjacking attempts in the span of one hour, not too long ago. And they said that the robberies took place in the morning of this January day between 8 and 9 a.m. And it's alleged that each incident, the accused tried to steal the victim's vehicle by demanding the keys and threatening violence. And in one incident, the police say that the unidentified weapon was brandished. And the suspect was successful in stealing one vehicle,

later recovered and he was identified through surveillance footage and he was rested on an outstanding warrant for vehicle theft he's now charged with two counts of robbery and blah blah blah so that's the one guy four carjackings in one hour this guy and he got one car he got one car can i know can i know the victims like do we have any stats on the person who gave the car up no i i what i have is the this guy's information so that's okay number one And then number two, we have the police raised public awareness that three arrests were made in a major fraud investigation called Project Carbon Copy. And so last year in February, the police began a fraud investigation, and these guys were conducting fraud throughout Canada. and they traveled across the country depositing fraudulent checks into ATMs,

and then other members immediately accessed the funds through a different ATM, a different part of the country, and withdrew the money. And so they were basically stealing money from the bank, approximately $500,000 in losses. Wow. Yeah, these guys were. So during, they did an execution, and they found $70,000 cash, bank documents, high-in clothing, cell phones, two vehicles,

and three dudes were charged as a result. So there we go. We have the three guys that were going around submitting it, fake fraudulent checks into ATMs and the depositing the money, somewhere else having somebody else deposited across the country. And we have the guy that's carjacked four different cars in an hour, successfully getting one, which is the Hamilton, which is the Brampton man.

The reason I asked you about the victim's stats, Do you know what it is? Can you venture to guess why I would ask you that? No. Okay, the reason I, because he went, the carjacker went one for four, right? One for four, yeah. The reason is because I feel like the Branton man, generally small in stature and very unintimidating.

And so he's probably got some kind of shitty, like, weapon that he made or found somewhere. And I mean, we've all seen the videos of these guys like, you know, haphazardly swinging the weapons they have around. They can't shoot guns. They can't really, you know, they're not necessarily physically gifted. They're not great in terms of spatial awareness, as we've talked about in this segment many times over the years. So I would say that the carjacker, just because of the win percentage,

is probably the Brampton man and the coordinated check cashing thing is the Hamilton man. Ooh. No, you're, it's the opposite. Wow. Oh, man. man and yeah so the Hamilton man was definitely the carjacker and yeah Cody Atkinson is the suspect that is being held by police I don't have a picture they didn't release anything I got I can see I can find one so Cody Atkinson yeah is the name and this happened last

year I see the story yeah so center mall yeah you don't want to go center mall for sure And the other story, just for heads up. He was arrested for robbery, arm robbery, motor vehicle theft, motor vehicle theft with violence, possession of property obtained by crime over $5,000, and a four-time breach of probation for that little Sunday morning GTA rip. Nice. And the other guys, three guys were charged. Josh Anbir Jabal of Brampton, Gorbier-Jabal 25 of Brampton, and Ariyan Gour-Gibal-25 of Brampton, and Ariyan-Gon-Gur-Gur-Gibal-Wall-F. Upped 23 of Brampton. All three were receiving fraud charges over $5,000,

and they're going to be appearing in port next week on Wednesday. Nice. Can we zoom into that? Did they allow that? I don't know. They did during COVID. I don't know if they still do. My wife was watching like random Hamilton court cases during COVID.

Court TV. Hamilton Court TV. Fuck, that would have been. I should have got that. Where is that? Is that online? Is there archives? I don't know. I don't know.

That would be a treasure troll for me to figure out fucking some of these stories. I'll be honest, sometimes it's hard to find it. I have to spend 20 minutes to find one good story. If I could just do that, it would save me so much fucking time. Yeah, yeah, you could do it. I don't know. We'll see. We'll see.

Anyway, that's it. Good night. God bless everyone. I guess maybe we could see you here on Wednesday if I get my act together and get someone. Maybe Mark wants to sit down for a bit. Talk about some stuff. Otherwise, we'll see you next week, same time, same place.

Till then, take care of yourselves. Don't be a carjacker.