The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin - The Carney Liberal Sovereign Wealth Fund | CBP 262 Pt 2
Episode Date: April 29, 2026The "largest quantum attack on Bitcoin" just collapsed. Project Eleven paid 1 BTC for a 15-bit ECC break — but a classical computer does the same thing. Bitcoin's 256-bit security is u...ntouched.A researcher won the Project Eleven Q-Day Prize for breaking a 15-bit elliptic curve key on a publicly accessible quantum computer, billed by the press as the "largest quantum attack on Bitcoin to date." Within 48 hours half the crypto press had it framed as Q-Day. The reality: a $300 laptop can break a 15-bit ECC key in well under a second. Bitcoin uses 256-bit ECC. The gap between 15 bits and 256 bits is roughly 2^241 — a number larger than the atoms in the observable universe. Q-Day is real as a research milestone. Q-Day is FUD as a Bitcoin threat headline today.On this episode we break down what Project Eleven actually proved, why the "1 BTC bounty" isn't what crypto media made it sound like, why Bitcoin's elliptic curve cryptography is nowhere close to being broken, and what's REALLY worth paying attention to this week — from the Litecoin MWEB 13-block reorg to the Bitcoin Core v30 wallet migration drama, the Bitcoin Knots vs. Core fork update, Shakepay's new BTC-backed loans, SEC Chair Atkins' "innovation" pivot, Kraken's 56 million IRS tax forms, and a $1.1 BILLION Canada Child Benefit story most Canadians missed this week. Plus, of course, Mark Carney's new wealth fund. What a time to be alive.🔗 SPONSORS & LINKS🟠 Bull Bitcoin — Buy Bitcoin directly to your own wallethttps://mission.bullbitcoin.com/cbp🌐 EasyDNS — Domain registration & EasyMail security.Promo Code: CBPMedia (50% off first cart)⛏️ 256 Heat — Heat your home while mining Bitcoin256heat.com📚 BTC Mentor — Bitcoin security & inheritance planninghttps://btcmentor.io/aff/90/Subscribe to Canadian Bitcoiners: https://www.youtube.com/@CanadianBitcoinersSubscribe to clips: https://www.youtube.com/@CanadianBitcoinersClipsFollow Joey: @joeytweeetsFollow Len: @TheBTCPriceBotFollow the show on X: @canadianbtcpod#Bitcoin #Quantum #QuantumComputing #ProjectEleven #QDay #BitcoinFUD #BitcoinSecurity #Cryptography #BTC #Crypto #CanadianBitcoiners
Transcript
Discussion (0)
Don't invest in like one.
Good advice.
The sovereign wealth fund.
I mean,
I don't want to say late breaking,
but generally we,
I mean,
in recent months,
it feels like we're getting a new story
for the show on Monday
almost every week.
Because it's just like
there's always something happening
Sunday night,
Monday morning that needs to be covered.
And now I'm actually,
I started getting messages about this this morning
and I'm still getting them on my phone
about are you guys going to talk about
the sovereign wealth fund.
Here it is.
Do the ad read.
I'm going to disconnect and reconnect quickly.
Sure.
Okay.
BTC mentor.
We talked about him already.
I wasn't going to do an ad read, but Len is lagging his VPN.
Maybe he's trying to protect his identity so hard that he's chirping out there.
Ben, Nathan, Mike, all those guys over there, Gary, you're not going to be going to them for Bitcoin advice, period.
The advice you can get there is broad in nature and is, you know, anywhere from very narrow in scope to stuff like how to set up a cold card.
to very wide in scope, like how to set up asset dispersion in the untimely,
in the events of your untimely death, how to make sure your family understands what to do,
how to make sure your family understands what to use Bitcoin for, not to use it for,
all these different things.
And I've seen some of their content over at Bitcoin Mentor.
It's outstanding.
It's not, you know, AI slop, like you see a lot of these other places putting out.
It's not just, you know, all marketing and no bite.
I mean, as if I have to tell you that Ben Perrin knows what he's talking about, he does.
And Nathan and the team there as well.
all like everyone there is sharp, committed, and most importantly, it's, you know, it's based on what
your level of expertise is, your level of understanding and your level of, of, of knowledge is
and the tools you have all very easy and very reasonably priced. You get an even better deal,
I think, if you use our code, which is in the description. I don't know what it is off
top of my head, but go there telling me, say, and they'll give you a bit of a discount.
I can't recommend that enough, man. It's something that's important. And I think it's worth doing
If you're like me, a married big corner, but maybe not like me,
interested in lecturing your wife every couple of weeks about what to do if something goes sideways.
You know, Len is probably in the same boat.
We've really imparted on our wives the way to handle things if something happens.
But you may not have the time or the patience.
So if you don't, Ben and the boys there help you out, go check them up.
I want to talk about Mr. Cole Allen?
No, we got to talk about Carney.
We'll talk about Mr. Carney.
We got to talk about Carney.
Sovereign wealth fund.
The potential shooting of a president takes secondary.
Has to.
Has to.
This is a Canadian show after all.
You know, that's what we do.
It's what we talk about.
We may as well do it.
This sovereign wealth fund,
$25 billion is going to be invested by the government of Canada.
Printed chips.
This is exactly that.
This isn't stuff that is from a surplus.
We're still running a deficit annually.
So there will be borrowing to get this thing off the ground.
And it's going to be everything that's going to be government-owned investment fund that's going to be available eventually to retail.
Nothing has been laid out yet in terms of how retail could get in, what's going to be the rules of engagement and shit like that.
But still, that's what we have right now is the sovereign wealth fund was just announced.
And they're going to be focusing on stuff like energy, both clean and conventional energy, infrastructure, mining.
agriculture, technology, shit like that.
This is a absolutely brilliant political move by Mark Carney.
The announcement, the tone behind it, everything is something that Normies are going to gobble up because it's going to be for the good of the nation.
will be investing for ourselves, our future.
We're going to try to be Canada as a whole.
We're going to just try to invest in it to make it better.
That is a good policy.
That remains to be seen.
I'm on the opinion, no, because number one,
the people and businesses that are going to be able to take advantage of this
are probably, I'm going to say, very closely aligned with those
that may potentially have made the announcement.
And I'm not seeing very much,
but that's as far as I'm going to go.
I mean,
everyone knows what that means.
Well,
that's trying to be as big as possible.
I don't want my bank account frozen.
Secondly,
um,
you want to be as agile as possible,
right?
Like when you're doing this,
the rules are not laid out.
So we can only speculate.
Tomorrow we're going to see the,
tomorrow we're going to see the broad strokes,
even,
you know,
in some finer detail that we did today.
I hope so.
Because I would like to see what could happen.
When you invest in it,
are you able to pull out right away?
is there a grace period you have to keep it in there i don't know there's a lot of unknowns at this
particular moment the only thing i just want to reiterate is that the political side of this
absolutely brilliant mark carney knows what he's doing as a politician yes sir he's doing everything
he can to maintain power and to expand in this power brilliant move will i invest in it
hell no would i invest in what i recommend anybody else invest in it depending on the situation i would
say hell no but you'll have to you don't have a choice it'll be a payroll deduction by 20 30
for sure maybe i'm gone by that joey you don't understand how fucking embarrassed i am how tired i am
like i seriously i'm so fucking fed up but the big thing is i'm fucking embarrassed and i'm tired of that
so who knows things may happen sooner than than i have planned but in that point we'll see what
happens. If you're forced to pay into it,
you can be, of course you're forced. Masterful drop by Carney.
Of course, you're going to be forced. It's for the public good, of course, as you can
imagine. I was going to pull up my tweet, but you know what?
Fucking forget about it. I don't care.
This is, you're watching here the slow unfolding
of real capital control in Canada. Not even soft.
This is like hard capital control.
You have the, and by the way, maybe I'll just start with this.
So of the people that I saw online today responding to my tweet about capital controls,
the overwhelming majority of people who disagreed with my take were saying two things.
One, that I don't understand the TFSA.
The TFSA is a cheat code.
And two, that you should have to leave money here if you decide to up and go somewhere else.
you should have to pay tax on your pension if you take your pension somewhere else.
You should have to do all these things.
Like I didn't even know before today that pensions, you and I have talked about this a bunch,
but pensions, even whether it's CPP or public service, provincial, whatever, minimum,
even in tax treaty countries, 10% haircut taken from you.
Yeah.
From what I gather, it's 20%.
So your CPP is going to be.
But any income you get from the...
Like literally anything you do.
Like they got their hand in it.
But that prevents double taxation.
Right.
So it's also you're not going to get this double tax.
There's an advantage to this in that respect.
So only in some countries.
Right.
If there's a tax treaty that's applicable.
Yeah.
And other places...
If there's no tax treaty, you're getting double taxed.
You're getting double tax.
And also there's thresholds.
It's like above if your pension is more,
if you're taking more than like $50,000.
a year in pension in some places, more than 12,000 a year in pension in others.
You know, that's taxed, not only taxed by our government, but then taxed as income on the other
side. Crazy. So you have all this stuff. Then you have stuff like the, you know, the, the Maple 8
pensions being pressured into investing domestically. Now you have this, quote unquote,
you know, incentive based investing structure. It's going to be offered to the public to invest in
what? Companies that the long and short, you can call it like Canada first, you can call it
elbows up, you can call it infrastructure, you can call it whatever, Canada's strong, whatever he
called it today. Sovereign wealth fund. It's companies that, yeah, but he's like the slogan is like
it's the Canada Strong Fund or whatever. Like the thing is that these are at the end of the day
companies and no one else wants to buy. No one wants to buy our telcos, our banks, our anything.
And more and more people making the case online that even our bonds are trading at historic
historically strong prices because pretty soon the market is going to wake up to the fact that we're
on and out a downward spiral that cannot be slowed down or stopped.
The TFSA argument is an interesting one because I think people don't realize, again, most Canadians
are low resolution and low agency.
And so when you ask a Canadian whether or not the TFSA is a good idea, they all say the
same thing.
It's a great idea because it gives you free, free, tax-free gains on your,
investments, right? What they're not thinking about is managing the portfolio, the opportunity
costs not being able to take the money. And of course, you know, if you remove money from a TfSA,
having forbid you have like an emergency expense, you lose the tax-free room if you don't,
if you don't read up in the next 12 or 18 months, whatever the timeline is. So it's not really a free
ride like you think it is, number one. And number two, again, this is an interesting one because
the RRSP, RESP, public pensions, like, there's a
There's all, I think, an insufficient, albeit stronger case to be made for those assets to remain in Canada
because of the nature of the way they're collected and the way they're invested in what they sort of mean, I guess, to the public person, the public picture, let's say.
But the TFSA is money that you earn, that you invest the way you want.
You may pay someone for that privilege, by the way of managing the account or accounts.
You invest it in Canada or the states or Europe.
You invested in gold and bonds and tech, whatever, you decide.
And then if you want to take that out, you're taxed 50% is the rate.
50%.
That's if you leave.
Okay.
There's no free rides in any of these accounts in any of these vehicles, any of this stuff,
your house, your TFSA, whatever, nothing is free.
And if you think that this sovereign wealth fund isn't going to become a significant part
your TFSA over the next five years, you're fucking dreaming.
You're fucking dreaming.
Both parties wanted to try this.
This is the equivalent to Paulyev's Canada TFSA expansion.
We'll give you another $5,000 in the room every year, but you got to invest in a basket
companies and be like, this is the same shit, except it's actually worse because this
guy is going to try and convince you to invest it in shit.
Nobody wants to buy infrastructure projects.
everything but oil.
You know, this is, they're going to try and draw the parallel tomorrow to the Alberta
Heritage Fund from the 80s where oil and gas revenues were, you know, split among the
population of Alberta and they were getting rebates every year.
This is like, it's not the same thing.
This is debt-based.
There's nothing sovereign or wealth-based about this.
It's debt-based.
to be domestic spending.
And the stuff they're going to pick that they invest in is going to be just fucking terrible.
And Brookfield is going to be sprayed all over this.
It's going to be insane how this looks.
And I will give a rare nod of approval to the Canadian media today who on very short notice,
because this announcement was rumored last night announced this morning, very short notice,
asked all the right questions of the prime minister this morning.
outstanding job by those reporters from the post, from the globe, from global, from CTV,
from everyone. How do we know these projects are going to actually be beneficial?
How do we know you're not just picking winners? How do we know this isn't a political stunt?
How do we know that Canadians actually care about this? They can't put food on the table.
Great, great stuff. And I think one of the most positive things about the current state of affairs
in Canada is that the media has to buy groceries and put gas in their cars too. The media has to pay
property tax and walk by drug addicts when they go to the mall. The media has to send their kids
to school where there's security lockdowns every couple of days because there's shooters,
you know, the media lives in neighborhoods that are not insulated from immigrant crime or
car thefts or whatever. And they're starting to get tired of it too. And those newsrooms are going
to start pushing back on this, I think. How much? I don't know. But
Carney can't defund.
The liberal government cannot defund every media outlet that asks a hard question because they are inviting hard questions with ideas like this.
I don't know what this is going to look like in detail yet, but you can't tell me as a thinking, breathing Canadian, that you think this is going to be anything but more deficit spending called investment and damaging to the Canadian economy loan.
term. There's just no way. I don't believe it. I don't believe it. And I think that if the,
if the conservative party had a leader with a fucking pulse, okay, they'd be all over this. But
the reason this is allowed to go on, the majority floor crossers, the election loss,
the Rogan appearance instead of doing stuff in Canada, like the reason it's allowed to go
on like this is because the conservative party is just full of feckless clowns, losers,
hapless, incompetent retards
all up and down the party.
All of them.
And you see this
when they get behind Pauliev
and nod their heads
and clap like seals
while he says over and over again
the same over-dramatized,
overused, cheesy quips.
It's got to stop.
Like this country is losing its grip
on reality now.
And I don't think enough people
realize how bad this could get.
And I'm seriously, I don't think there's a, I think there's a case
being made, this would be a standard payroll deduction for Canadians by 2030.
Why not?
What is the model?
What is the model of the carbon tax?
You pay the carbon tax, get a rebate.
What is the model of the grocery rebate?
You pay more for groceries and get a lesser rebate.
Why not do it for this too?
Why not?
It makes perfect sense.
And people will actually be more willing to do this.
Well, what if it's something that's going to be, you know, a TFSA and
and something else that's aside from a TFSA
that you could voluntarily invest
into it. I don't know. We'll
see what happens. We'll see how it's done.
And if they do that, if they set up
like another TFS style
or RSP style account
that you can invest in it and they use the carrot
of you're going to get some tax
free savings or some you can
save on taxes today and pay for it later
like RSP, that's enough to work
because anybody
listening to this show, myself included,
I use TFSA no longer.
it's been a few years since they've added to it.
But there was a time.
It seemed like a good idea.
I was brainwashed and I did it.
And RSP, I was brainwashed.
I did it.
And so like, you know what?
It's not going to be that hard to brainwash other people to say, here's a carrot,
invest in it.
Oh, and then gobble, gobble, and gobble and they'll fucking invest in it because
there's just an opportunity to save in taxes.
I've been talking about this capital stuff for a long time.
This, like I haven't added to my TFSA.
In fact, it's zero now.
But it's been years.
since I've added to my TFSA.
I remember I was laughed at by some people
and ridiculed by some people
that capital control is never going to get that bad.
Here we are. We're talking about it.
I'm thankful I fucking laid the groundwork
to where I am right now, be as agile as possible.
People that I've been saying it for a long time,
prepare for the worst. If it doesn't happen,
all the more power. But the sad thing is,
I don't want to be right. I want to be fucking wrong.
But it looks like I'm going to be proven,
fucking right. Yeah.
And this is, it's a sad reality.
But like I say, to go back, I'm fucking embarrassed.
But there's, that's the reality.
I can't, you know, I look myself in the marriage.
It's fucking embarrassing.
But eventually, it's enough.
And it's going to be like, had enough.
See you later.
And then fuck you all.
This is your fucking mess to deal with.
And you're talking about, do want to invest in like telco.
I mean, just on a tangent,
there's a story that Rogers is going to be cutting around 10,000 positions.
50% of their workforce.
They're trying to buy out.
This is not.
50% is a fucking huge number, man, in one fell swoop.
And it's not like it's a small company.
Rogers is one of the huge telcos in Canada.
They're still on the Blue Jays, right?
And they still have Rogers Center.
Like, you know, they have roots here.
And they're saying to half your staff, you can voluntarily leave.
What happens to those people?
if they give them a package
if they're old enough
they start Bitcoin podcast
that's what they do
everybody that is no longer working
and they're out there trying to find a job
they're competing against
already a large group of people out there
the entire third world now too
like you can't get any work
anywhere in this country
I mean what is what
what are we doing here
am I like
it feels to me
I try so hard on this show
every day, every week before we come on,
I say to myself,
I'm not going to do another black pill episode.
I can't.
I can't do another black pill episode.
But then, you know, I go through the stories
before the show.
I'm doing my prep.
I'm doing the research.
I'm thinking about angles.
I'm thinking about takes.
I'm thinking about whatever.
And I'm like, how can I do anything but?
Like, where is the silver lining here?
Where is it?
It's gone.
There's nothing.
with if people do enough research they all come to the same conclusion it's done yeah it's just it's not a matter
of if it's a matter of one and that's the discussion when and i think more than anything it's it's when
you can no longer stomach it so it's an individual thing more than anything but it's you know for
a lot of people it's going to be a point of no return enough to distant future think of all the new
people that came here in a past 10 years and they came in and i have no
problem with immigration. My parents were fucking immigrants. Canada, let's be perfectly honest.
If we didn't have immigration, it would just be like, it wouldn't be where it was right now.
Yeah, we had the right kind of immigrants, you know, 100 years ago. Let's face it. Like, you know,
there wasn't people coming in and demanding Sharia law. You know, the worst thing was that Italians,
you know, called, called the Native Canadians manja cakes when they came off the boat, right? Like,
if that's the worst thing, you're doing okay, those people are all hardworking and guess what?
They assimilated, you know? Now you have some did. Well,
Most did.
You know, like there was no question.
And now, you know, I look at what I see in terms of immigration.
Like, I'm not going to do the immigrant bit again, but God knows I could.
It's not the same crowd.
It's not the same crop.
And it's not the same quality.
Now, I'm looking at Bitcoin Streisand's comment in the YouTube chat, you know, asking like, why do we own houses here?
Why don't we just go?
It's weird.
Like, you know, I see your comment there about making money hand over fist.
It's not that we're not making money.
The question is like, you're making all this money, let's say.
And the question is like, to what end are you doing this work and making this money?
Because you used to be able to say, I'm making the money and I'm going to invest to protect my family.
I'm going to buy a home or buy a rental, buy whatever.
Or in like Leninize case, you know, I'm a little younger than land.
We're about a decade apart.
But we're both thinking about I'm making all this money because I might need it to leave.
And every time you open your eyes or every time there's new policy roll out, it's like, well, now I can't use it for, I can't invest it for my family because you
want to tax it. I can't keep it as cash because I can't use it and I can't hold it anyway in any
these accounts because I can't leave with it. So what can I do with it besides, well, give it to the
government basically is where the rubber meets the road in a lot of ways. Frustrating.
I think a lot of people in Canada to answer the second party question, well, why don't we leave?
It's roots. I had my first child here. My parents are still alive. I still have a grandparent,
you know, my known as 94, 95 years old, lives alone. I do. I do. I have my first child. I do.
don't visit enough, you know, I hear it all the time.
You know, I was born and raised here.
I've lived in the same city-ish my entire life, say for education or athletics where I've
gone, you know, abroad to play or learn or some combination of the two.
And like, I don't want to go.
I want the place to get better.
And talking to people, other people who I would consider high agency, probably like
you, Len, and like you too, Bitcoin Streis-in in the chat.
a lot of us think that we can weather it like because because let's face it well well I
I kind of think we can and you know what I would I would I say to these people why wouldn't
you think that you've every challenge that's come your way over the course of your life you've
weathered you've not only made it through but it comes through strong on the other side no that's
how I think is about it that's why this is one that there's there's forces here that are far
beyond the stuff that I can make my life
And future generations life, good.
The next generation is going to be the first one.
It's going to be a step back from what we had it.
And you know they said that about our generation too, right?
No, our generation was not worse than the previous.
They said it would be.
They said it would be.
We're not witnessing it.
Go look at people that are 20 and 30 30s right now that can't afford a home.
They left school.
I think they're just a generationarily.
Yeah.
And what are they up against?
Now they have to apply for entry level jobs.
Yeah.
Only fans in Uber Eats basically, right?
It's pathetic.
And the sad reality, like, I am willing and very much, like, able and looking forward to it to pick up and leave and go somewhere else where I will be considered a stranger.
New life, new everything, but that's the way it's going to be.
And I, you know, it's almost like if you look at the Lord of the Rings, if you ever watched it when those people that the elves sailed off to Valinor, I'm going to be doing that.
I'm going to the undying lands.
I'm going to fucking live my life there and fucking be happy doing it.
That's what I'm willing to give up because it's done.
I lived in an area of Toronto,
which was nice growing up when I was in my early teens.
Yeah.
And then all of a sudden it changed and it changed drastically to the worst.
And it's happening now on a larger scale.
You go to a mall, you see another fucking shooting or you see another grocery,
well, I said it's jewelry store get held up.
This should never happen before.
There was a shooting at Jackson Square.
Two kids,
16 year old killed a 14 year old two days ago.
You go to Canadian tire.
Some Canadian tires you go to it.
I don't want to name which ones they are,
but you go to them,
everything is locked up.
Yeah.
You got to ask for,
like,
this shit never happened before.
This is pathetic.
This is banana republic style living.
And on top of that,
at least Banana Republic,
you have good weather.
Here we don't.
And that's another thing that's driving.
as shitty food, shitty culture, whatever's left of it is getting, it's eroding.
And then the weather is terrible on top of the end of the drivers.
Oh my fucking God, don't get me started on the fucking drivers over here.
It gets worse by the day.
I want to have one more thing before we go.
No fucking reason to stay.
Yeah, before we go on this topic, I want to have one more thing.
And it's something I thought about tweeting to all these people on Twitter who are getting
in my grill about my takes on capital controls.
The thing is that even if you agree with these laws that we should try and keep
capital in Canada through these different means. Even these people have to admit that these laws
are only necessary because capital is not treated well here. In Bitcoin, we say the same thing all
the time, and we're not the only one saying it. Capital goes where it is best treated.
And if capital is treated well, whether it's human capital, you know, economic capital, whatever,
you know, it will go to the places where it meets the least resistance, where it's able to grow
and flourish and be used and enjoyed and all these things.
You know, that's why people have offshore bank accounts.
Not because it's not treated well there.
It's treated well there.
And so that's what they decides to do with their money.
Canada, instead of trying to become a place where capital is treated well,
is trying to become a place where capital can't leave.
You know, it's captive, captive capital.
And there's really no argument against this stance.
If capital was treated well here,
if this was a place where you could grow a business,
grow a family, grow a bank account, grow an investment portfolio,
people would stay willingly and the country would be much better off.
But instead, what we do is all the wrong things and then try and lock the gate.
Fuck that.
Fuck that.
100%.
100%.
I'm glad to see that we're looking at this eye to eye here and we're in the same level here.
Another one that just adds to the whole idea what we're talking about is another Toronto
police services officer was suspended.
This gentleman was on a job for 10 months.
Constable Refat Hassan.
You can't make it up.
You can't make it up.
He was arrested and charged.
Are the comments off on the tweet from the Toronto Police Service?
They got to be.
I didn't even look at the comments.
I got to find it.
You sent me the stories.
I got to go look right now.
So dude was on the job for 10 months.
And so just either days or weeks after getting the job,
he was accessing private police databases multiple times and doing this between June and December of last year.
So he was hired roughly around June and he started accessing the police database,
the private police database shortly thereafter, wasted up so no time.
And this all comes on the heels of we had Project South where we had channels,
six more police officers were suspended without pay pending an investigation and shows there's corruption going
on police, they are here to protect us. They are here to serve and protect. Not themselves,
not the people that are paying them under the table. Society as a whole. And you have to have,
when you see a police officer, you would have, oh, I'm now safe here. This guy's going to,
or gal is here to protect me and so forth. Do we have this same type of thinking going? No. It's
fucking, this is corruption. It's now getting the police services. Again, Banana Republic, but like
I said, at least in Banana Republic,
at least you have fucking weather over there here. We don't
even have fucking that. You get taxed
on your income, then you go to the pumps.
It gets taxed. Taxed and taxed.
You go to the fucking grocery store, tax, tax, tax.
And then goes to the police officer for some
help. Oh, sorry. You didn't pay me under the table for
fucking help. Sorry, I'm going to share your address
instead. That's the CRA
dude, by the way. That was a CRA dude.
What a fucking joke. I mean,
you import people from
low trust societies and then wonder,
why things are locked up and scams are happening now in police forces.
This is what?
The fourth story from GTA police forces having to suspend officers of foreign dissent in the last,
what, eight weeks?
Well, it wasn't quite foreign.
So the Project South, it looks like it was mostly not foreign, I'm going to say.
That's what the names, the names they released were mostly not foreign.
Yeah.
I'm just going to, I don't give a shit.
I'm not going to, corruption weeded out.
And I don't want to do it.
My assumption from here on out is that the problems are obvious and the culprits are the same.
And I'm just not going to, I'm not going to pretend.
Like I've been shooting from the hip on this program for probably a year now on this topic.
And I'm going to continue doing it because it's more important to me to look back on this show and have been correct than to look back on the show and say, yeah, I bit my tongue or yeah, I didn't say the difficult thing.
I think a lot of Bitcoin is starting to go this direction, especially in Canada, where it's not always.
the easy thing to do. Even in your most conservative circles, you know, saying that Canada's
turned into Tehran or Calistan or whatever the fucking country is, fake country that these guys are
protesting about or coming from or whatever. Like, you have to say it because if you don't,
you're going to regret it. You're starting to regret it probably already in a lot of ways,
some of you. But not a surprise, man, you know, low trust societies, low trust countries,
bring the people here. What did you think? What did you think? Did you think it was the
soil that was low trust.
Did you think it was the clouds over that jurisdiction that were low trust?
There's there's more.
I'll explain because this next story is truly fucked up.
The Ford government, they used their majority government to pass a law last week, April
23, Bill 97, and that was part of the provincial budget bill.
So buried in that budget bill, they now provide exemptions in Ontario to the freedom
information lies, meaning that records held with the office of the premier, cabinet ministers,
and their staff, they're no longer subject to public disclosure, Joey.
Just cell phones, though, I think.
Emails, text messages, calendars, no.
So, you know what, these are people, who are they?
They are duly elected to represent us, to work for us, to help us,
this is what they are.
They're not for themselves, theoretically.
We elect them, they put them.
And if we want to get information from this, from their emails, text messages and
calendars, we should get it.
Granted, there may be a lot of stuff they don't want to give up.
That's why they fucking black this shit out, right?
It gets redacted it.
And I'm fine with that.
But they don't even allow that anymore.
They say, no, this information is going to be withheld and no longer available.
This was buried in the budget bill.
That, like, we were talking.
what the police level of corruption there,
looking at this on the surface,
and not going to say that there's corruption going on,
but like you look at what's going on,
potentially this could lead to some corruption
because you're hiding stuff.
Not saying it's happening,
Doug Ford,
I'm not saying you're corrupt,
but you know,
the potential now exists as a result of all this.
Because journalists,
they were trying to get information
and they were trying to get information
from the Greenbelt Land Swap
and other controversies.
What's even more fucked up about all this this bill is retroactive application so like past records are shut out as well
It's not like moving forward
Everything is shut out
We elected them man like why can we get this information he'll win again to
I'll say for sure like very good chance to win again
Yeah, but man like what the like come on
Again, it's kind of banana republic stuff
Overton windows wide open buddy I mean Ford
is like obviously
in bed with construction
companies, Italian mafia, to be honest with you.
It pains me to say, but
seems to be the case.
I won't say how I know this.
Maybe I'll tell you off the air, but there's obviously
some stuff going on with some of these like deals
that is just, you know,
like clearly
insider dealing.
I happen to know, I'll say this on here
since I know it's true,
that the premier shows up at
funerals for family members of construction companies in the GTA when he doesn't go to like other
probably I would say more politically significant appearances as far as like what the expectations
of the voters are but makes time they go to funerals for construction companies with which he's done
deals I suppose as a provincial politician but you know you can judge the validity of those deals
on on their own on their own merit you know if you are if you're able to find out the details of them I
suppose now that this law's passed. But the idea that there's not corruption in every level of government
from both parties, from all parties, whatever, is just at this point. It's a farce. Everyone is on
the take. Everyone is hiding information. Everyone is feathering their own nest. I mean, we don't,
we don't have to pretend, right? If we had a stock market worth trading in this country, we would have our
own Nancy Pelosi's. We probably do, to be honest with you. We see more and more politicians leaving
this leaving positions in this country richer than God, richer than any of their electorate will
ever be. And, you know, it's not a mystery how that happens. You know, I just think people are
tired of pretending. That's all. The freedom of information thing is particularly egregious because
this is a time when there's almost no other means to share information at the top of the food chain
besides these electronic means. And if you're going to cut them off, then what are you leaving for the
public. Well, fuck all, right? So the assumption to be made there is, yeah, of course, they're hiding
something. Now, they will say they're being dedos with requests that say, I want to see all the
emails, all the calendar invites, all the whatever from the last, you know, five years before
government, anything with the word the, I or it in it, you know, I want to see it all. And it's got to
be given to me in a PDF or whatever. Maybe. But if that's the case and just increase the cost of
the FOIA requests or the, whatever the, you know, name is of the, um, or just give it all.
fucking redacted. If they're going to ask for something as stupid like that,
yeah, all black pages. That's right. That's right. But if they're going to ask for something legitimate,
yeah. And it's something that they narrowed down. But this is a natural secret information.
Yeah. This is a natural evolution though, this, of this like program, don't you think? Like either
everyone is getting information that is very valuable and the government doesn't want that or everyone is asking for information that's wasting the government's time and the government doesn't want that either.
And so in either case, the road to is the road to hell is paved with good intentions, right? And we're seeing that.
here with these programs. You would think that for a government that's so keen on stuff like
AI, for example, that they would find a way to make this little easier. But it doesn't seem to me
be the case. So there you go. Do you have a slab of concrete that you have available?
I was thinking about renting it out to our space program. Yeah, I don't have one. I'm Italian,
which is a shame. I should have a slab of concrete, but I don't.
I'll put one together. Especially if it's serviced, if it has, like, sure that.
and water and all that.
You're ahead of the game because this one over there
out in the East Coast.
Looks like a beauty of us.
But for what I understand,
I don't think it's as bad as it sounds.
But why promote it though?
I don't know.
Why promote it?
And the company, like that's related to it is like a weird,
is the Ukrainian thing or something like that?
Do I have that right?
There is a Ukrainian aspect.
Like what are we talking about?
There's a little bit of something going on here.
I'm not entirely sure.
I wouldn't have almost,
wouldn't you almost have.
rather have been like an indigenous scam like the small houses were in Hamilton than
the Ukrainian company you know like when you have rather seen that someone go check
on Len he's having an aneurysm I like when you have rather seen like the like the
elders doing the ribbon cutting rather than like some Z man colleague just come on
dude you know we haven't talked about the Z man in some time he's been laying low he's been
laying low but there was I going to bring it up there was just you
Yesterday, former Minister Freeland was in New York, and she received a award for being a hero of democracy.
The Heroes of Democracy Award was given out to.
Oh, man.
I can't.
At the end of the show like this, we can't just, we're just piling on the nonsense.
Why not?
It's the show.
I can't believe it.
if only she'd receive the award at the launch pad, that would have been like the all-time
great stuff.
There's not enough fucking banners in the world to hide just the empty field of shit behind that fucking area.
There's a story going around.
I'm going to give a little bit of color to this, that the Canada Child Benefit,
that $1.1 billion was given out to temporary residence in 2025.
Is it a rumor?
I thought it was confirmed.
is confirmed but there's like a little more about this i can give some some insight into this so those are
people that are here in international uh students or here's on a work permit so to give an idea about
the scale of how much is given out the program sold out 25 billion in total last year so if you just
want to strip out the temporary residence they got about 4% of all the money allocated for this program
And people are wondering how do they get access to it if you're a temporary resident?
You have to live in Canada for 18 months legally.
Then on month 19, the payments are able to come in.
And the amount is almost $8,000 for each child under the age of six and $6,700, a little bit more than that,
for each child between the ages of 6 and 17.
So that's it in a nutshell.
So you're upset or happy about it, I'll leave it up to you all to decide.
I actually am not as upset about this as I think people would imagine I would be.
Mostly because I, if it's a good, here's the thing, okay.
We need high-skill people here for sure.
I don't want every apple picker to get this.
I don't want every.
They don't get it because you have to be here for 18 months.
That's right.
And so it's generally supposed to, you would imagine it's like high-skill work, right?
Or a student.
Student can't, yeah, I don't want to see that.
I wouldn't mind saying like STEM and maybe some admin getting this benefit because, you know, if you're if you're if you're if you're chops, you know, I don't care if you come from India or China or Africa like an African country, whatever, okay.
If your chops put you in a position where you can work in a STEM role or like for a university, for a hospital, like whatever.
we need those people.
And so I want those people to have families here.
And one of the things that having a family does is forces integration.
Because where do you send your kids when you have a family?
You send them to a Canadian school.
You send them to some elementary school in Hamilton, Dundas, whatever.
Okay.
Now you can talk about the quality of education.
Of course, I have a few opinions on that.
But it's a little late in the program to go down that rabbit hole.
But that integration comes from family formation.
what we don't see is single fighting aged men integrating.
That's often the problem when it comes to immigration policies that are, I don't want to say out of control because I think they're very much in control.
They're just poorly planned and poorly managed.
So, you know, I actually am for this in a lot of ways more than I thought I would be.
But it's got to be done properly.
We are, you know, the sort of like broad stroke you would take here is that we don't have a $1.1 billion to give away to foreigners.
Yeah, okay. I get it. I get it. But if it's a foreigner that's contributing to the economy,
like at a STEM level, like if it's a job that pays $80,000, $100,000 a year or more,
which as you mentioned there, like generally the 18th month, 18 months, 24 month, whatever stays,
you might see something like that. Residencies, for example, I'm okay with that.
Kind of still go. Yeah, like students should not get this money. If you're a student,
you shouldn't be coming over with your fucking budget
So if you're the color of a program for Conestoga
You're cutting the vegetables
God that cutting the vegetables videos
is an all time CBP moment
We've we've added like a thousand or so
Maybe 1,500 subscribers since then
I should run that video again sometime
And just show people like what
I'm gonna find it
I'm gonna try to find it right now
It's the end of the show anyways
Fuck it Conestoga
Vegetable Cutting video
Oh yeah here it is
This is great yeah
Did Conestoga make possibly the worst ad
they could ever have made. Yeah, they did actually. Let's just, let's watch it together.
Let me raise the volume here. This is what we're talking about, by the way, you know, years ago
before this was popular. There's a Karad's a, your life your terms, Instagram reel that has like
100,000 likes on it that is my face to the point where people I work with who came from India are
like, buddy, you have no idea how bad it is. It's actually a way worse than even you're describing.
I've been recognized the gym over that video as well, which is always funny.
Okay, can everyone see this?
Here we go.
Let's just have a full screen here.
Can you tell me, is it full screen led?
Yeah.
Okay.
Here we go.
Let's watch together.
I teach you very deep in very deep things, like how to handle the knife, how to operate the
restaurant, what are the term and condition.
That's everything.
So the most interesting about the program is,
student only itself they manage the kitchen and manage the bloom restaurant in a conestoga water
campus so the positive thing of the my classroom is visiting environment of my classroom is our
professor as a step they are very welcoming and they are always ready to help and uh ready to
ready to solve our queries and our classmates are also very friendly and welcoming students for me
the conestoga is valuable for their upgraded classroom mode of instruction and how they teachers
that's the most important thing till now i have learned about the hospitality and a practical
labs of the kitchen in that i have learned how to handle the night skill how to cut the different
kind of vegetables and in cost control i have learned about how to make at this with a perfect
price and about which market trends.
So after graduating this person, I want to make my career in a food and beverage management
in hotel and restaurant operation.
And I, if whatever I have learned, if I really have been doing.
Holy fucking music.
Because I know how to manage the cost and what are the market trend.
I'm very proud of the Conestoga.
I have met many person of the different countries.
I have learned different cultures.
that's the main thing I have learned
and I'm very proud of the cornerstone.
We all are, buddy.
That's the worst.
Fucking video.
I've ever seen.
It's a Canadian heritage moment right there.
You ever fly 13,000 miles to learn how to cut a couple of veg type bottles?
Give me a fucking break, man.
Okay, let's do the Hamilton versus Brampton Man segment.
Here we go.
Brought to you by?
Twan, 256 heat.
I don't even know where to say.
I don't even have to say.
Do you have the minor running behind you?
It's not on.
It's too hot.
It's too hot.
It's too hot.
So I got to turn out.
Look at that.
It's too hot.
Mine is still going.
I don't give a fuck.
You're using your garage.
I got to think about what I'm going to do for the summer here because this room is pretty small.
And so I have the lights on.
It's, you know, 10 degrees outside.
You have a nice garage you could heat up.
Like I do.
Oh, I'm going to build a gym in there.
I continue to say this and maybe move the podcast studio to another room in the house too.
It's like an oven in the summertime for with mine running.
It's just.
Yeah.
Baking in there.
Nice and warm in there.
If you're lost,
it's going to be cooked in.
Rubber,
rubber from your tires
melting into the air.
Just, yeah,
turn to liquid.
But yeah,
if you're looking to convert
electricity into Sats,
KYC free Sats,
you could use TWA services
and his devices
that he sell these heaters.
And normally these are wonderful
in the colder months.
I guess right now we're getting
into the warmer months.
So it may not be,
you may not need it right now,
but plan ahead
because it's going to get cold
in a not too distant future.
And if you want to heat up a particular portion of your home, maybe a garage, basement, closet, your bedroom, where to fuck it may be.
These things are quiet, but best of all, their mindsets.
Check them out, 256 heat.
Don't forget to tell them that we sent you.
Can't wait.
We're having dinner with Twan next week, right?
Yes, on Friday.
Looking forward to that.
Okay, let's do, I'm going to shut the comments off.
What do you got for me this week, buddy?
All right, I got a couple of dozes over here.
So please have a red.
arrested a suspect following two incidences on April 13th of this year, in which a male posed as a police officer targeting unsuspected individuals.
And the first incident occurred approximately 8 a.m.
And the victim just exited a store where they were called over to a black vehicle by the suspect who remained seated inside.
The suspect claimed to be an undercover police officer and stated that the victim matched a suspect from a recent investigation.
he directed the victim to surrender their wallet for identification purposes and fled after receiving it.
And a second incident occurred later in the morning around 930.
This guy was busy that morning.
And in this case, the victim was approached by the same suspect who again identified himself as an undercover police officer.
And the suspect told the victim they were being detained in relation to a bike theft investigation.
He conducted a pat-down search and removed the victim's cell phone and debit card.
And the suspect indicated he needed to return to his vehicle to place the items in an evidence bag, but did not return.
And so they found out the guy after some time.
They used CCTV footage.
And they caught him up.
They caught up to this dude.
He's being charged with impersonating a police officer on not to raise use of a credit card, theft under 5,000, and so forth.
That's number one.
Okay.
Clever guy.
Goes from stealing bikes to impersonating a police officer in the same day.
That's great.
No, he claimed that he was
The guy was stealing, you know, whatever, whatever.
So the second one, we have this young man,
he is facing a number of fraud charges
after two elderly victims were scammed into making phony home repairs.
And so please say that a group of men approached the victims
in July of 2024,
presenting themselves as legitimate contractors and workers for the city.
And the victims paid for roof repairs,
mandatory backyard cleanup and emergency home repairs.
And the repairs were never completed or required.
So just last week, the dude was arrested in charge of three counts of fraud for over $5,000 and so forth.
So there you go.
Those are the two stories.
Number one, we have this guy running three different businesses, one excellent custom homes,
friendly masonry limited, and another is a numbered company.
claiming to do some homeowner cleanup and shit like that, but never actually followed up.
And we have the other one claiming to be a police officer scamming two suspects.
One of his credit card, both guys lost her cell phone as a result.
So which is the Hamilton, which is the Brampton Man?
It's hard for me to imagine that the Brampton Man could impersonate a cop, you know?
Isn't it?
Feels like that's like a pretty big hurdle for the sort of flip-flop bandit to get over, you know?
So I don't know that's like a, the thing is like the Brampton, the Brampton, I could see the Brampton man actually in the second one being scammed, maybe more than carrying out the scam.
At least I could until you said that the name of the company was excellent or whatever.
Excellent.
Yeah.
Excellent.
That kind of says ESL a little bit, doesn't it?
you know, I'm not here to say roofing.
You know, sometimes it's a pison or Portuguese doing that.
You know, it's like, would you let a Brampton man get on your roof?
I don't know.
I just always think, I got to tell you, okay, we're going along here, but whatever.
The first thing I think when you tell me these stories is could you pull this scam with an Indian accent?
And if you could do it, then it's possible that it's a grant.
That's why the police officer impersonation, like it's going to be like a skinny fat, like the guy's got a swollen gut, you know, bad haircut.
He's got the accent.
It's hard to do that, you know.
So I kind of think that that's the, that's like the lever I always start with.
I got to do it again here.
I think the Hamilton man is the cop impersonator and the Brampton man is the roof scam.
Oh, you're bang on.
You have to.
The roof scammer.
His name is Arresh Deep Singh.
Classic.
Vintage.
Who did he scam?
I'm dying to know who bought the scam.
Two elderly victims.
Of course.
Yeah.
So, yeah, he was able to get two elderly victims.
And the other guy, Andrew White, 25 of Hamilton.
Easy.
Yeah.
Piece of cake there.
But that's a lever.
You got to think, like, could you pull it off with the accent?
If you can't pull it off with the do not redeem it accent, then like, you can't do it.
It's obvious.
It can't be done.
So, yeah.
If you got the called by somebody named Arash Deep Singh, you probably got poned as a
Call the police.
Call the police.
I wonder how people are out there.
These two.
You know how embarrassing that is?
Len, we did, we've done this every week for more than a year.
And we did an entire 40 minutes on this at Christmas, just going back and forth with
these cases.
There's unlimited tomfoolery going on thanks to the Century Initiative.
Oh, these are all the history.
I got in the past week.
Yeah.
Like it's not like I to dig it.
No, I know.
They're just there everywhere.
You just pull it up.
Pull it up.
Here's another one.
Yeah.
I love it.
Maybe we'll make it a three way dance next week.
I'll throw in a third city.
We'll see.
We could do something.
Listen, thank you very much for watching.
There's a lot of different options out there.
This is a huge country.
A lot of unique stories,
unique cultures, unique.
That's right.
Places, you know.
That's right.
A lot of,
a lot of friction.
Anyway, God bless you.
Take care, everyone.
See you next week.
Don't forget to leave a like on the video, all that good stuff.
And don't do anything I wouldn't do.
Don't be a cock.
