The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin - Vancouver's Filth Crisis and Alberta's Escape Plan | The CBP 214 Pt 2
Episode Date: May 14, 2025FRIENDS AND ENEMIESIn this episode of The CBP, we're discussing the surprising city health issues plaguing Vancouver, and how it's affecting the local economy. With feces on the streets, it...9;s no wonder residents are looking for alternative solutions, from bitcoin and op_return to mainstream adoption. But amidst the chaos, Alberta is making headlines with its secession from Canada. We dive into the world of alberta politics and explore the implications for canada news and updates. From coinbase and deribit to btc strategies and insights, we're covering it all. Join us as we delve into the complexities of canada politics and the potential for a brighter future.#bitcoin #BTC #Vancouver #spain #investing #carney #trump #finance #canadianpolitics #canadianeconomyJoin us for some QUALITY Bitcoin and economics talk, with a Canadian focus, every Monday at 7 PM EST. From a couple of Canucks who like to talk about how Bitcoin will impact Canada. As always, none of the info is financial advice. Website: www.CanadianBitcoiners.comDiscord: / discord A part of the CBP Media Network: www.twitter.com/CBPMediaNetworkThis show is sponsored by: easyDNS - www.easydns.com EasyDNS is the best spot for Anycast DNS, domain name registrations, web and email services. They are fast, reliable and privacy focused. With DomainSure and EasyMail, you'll sleep soundly knowing your domain, email and information are private and protected. You can even pay for your services with Bitcoin! Apply coupon code 'CBPMEDIA' for 50% off initial purchase Bull Bitcoin - https://mission.bullbitcoin.com/cbp The CBP recommends Bull Bitcoin for all your BTC needs. There's never been a quicker, simpler, way to acquire Bitcoin. Use the link above for 25% off fees FOR LIFE, and start stacking today.
Transcript
Discussion (0)
Nice. Okay. So football mudding update. I've been ordering these balls off Amazon, the
blemished ones. And I got one the other day. No blemish. Obviously it looks great, but
look at blue markings without knowing that they were going to send me that. So I'm interested
in...
Is that a bigger thing?
It's the same ball, same everything, Wilson GST, but I'm going to break this one in mud
it and then try and sell it.
I just sold a color Pro V1.
Yeah, exactly.
It's kind of neat, right?
I didn't, I don't think you can even buy these in Canada.
You have to get them from the Wilson website directly.
So somebody must've just not liked the color or the stitching, but it looks pretty good
to me.
I sold my last one for 230 bucks.
So I'm going to try and do this.
Allegedly.
Yeah, allegedly. Exactly. And try and do the same again for 230 bucks. So I'm going to try and do this. Allegedly. Yeah. Allegedly.
Exactly. And try and do the same again for this one. Maybe like the idea may come across
that you may want to sell it. I mean, who knows if you're going to keep it to be honest
with you. It's a nice, nice color. It's not my team's colors, but that aside, it's nice
to look at. Yeah. Anyway, can we talk about Chicago quickly? Because it's been a while since we've talked to why not?
Yeah, of course.
Go right into it.
So a beauty of a post on X and it was talking about the Illinois State Board of Education.
And they released some data.
I love it.
Their Illinois report card for 2024.
Love this.
Love it.
Very.
Do you have it?
Is it in the stories?
No, because it's today, right?
No, this is just came up
So like this was very late in the game added to the stories to my stories here and it mentioned 24
specific schools in the state of Illinois that their students
have
proficient in reading at zero level like there's such a they have no ability to
Read at the grade in which
they are in. There's 24 schools that they're reporting zero students that could report at
the grade in which they're in. That is pathetic. Not only that, it also shows the graduation rates
of some of the schools. Some of the schools are like 21, that's the lowest I see, 28, 38, 52, 50, 56.
I see 28 38 52 50 56
Chicago collegiate charter school it comes up as one of them the Bowen high school These are beauties out there and these are the people that are gonna be
Maybe graduating maybe not but they're the ones that are gonna be paying in teachers water teachers want to raise by the way
Don't forget it may not just be a teacher thing, it just could be a societal thing.
I know exactly what it is. It's that some kids and some families just don't have the chops.
And there's differences between those families that they just can't do it.
Kids cannot go home to environments that are chaotic, that are noisy, that are not conducive to learning.
They can't be in classrooms that are noisy, dangerous, not conducive to learning. They can't be in classrooms that are noisy,
dangerous, not conducive to learning.
They can't be in environments in the city.
How many times we talked about Chicago as Chi-Rack
that are noisy, dangerous, not conducive to learning.
And if you expect those kids to perform at a level
in which they are successful or can be successful
or can contribute to a community you're dreaming.
And then on top of that Len, like, I hate to say it,
and people are gonna say, oh, this is racist.
No, there's white people, black people, Indian people,
brown people, Chinese people, whatever,
who are having kids that shouldn't have kids.
If you don't have the wherewithal to raise a family,
then it's possible that you shouldn't be having children.
And like, this is not, it's not something we can dance around anymore because soon then
the density of these cities in terms of the population that's this caliber will be too
much to ignore.
And what do you do with a city like Chicago that's a couple million people when none of
the none of the best and brightest are staying, only the worst are staying and you get mayors
like this Brandon Johnson guy or like Lori Life, or you know, like the city's been going downhill
for a long time. It's not a new thing. And when you see stories like this, 24 schools,
you said, I think is the number. Kids who can't read, can't do math, certainly wouldn't
graduate under any normal circumstances. But the bar is lowered because someone somewhere
is claiming it's racial disparity or some other
bullshit. It's just that it's a disaster. It's a disaster zone over there. The best have left
and you're left with the worst. This is just the fact of the matter. It sucks.
Best have left where? If you're talking about other states, other cities.
Oh, just not, they're not in Chicago. I'll tell you that. Like, I don't know.
Because if people want to go somewhere, say like in...
Boomers saying it too. I'll just mention this before you take over.
Big cities are becoming how holes because the best and brightest people realize they
don't want to live in areas where like you're literally shoulder to shoulder with somebody
all the time. This is basic sort of Maslow's hierarchy type stuff. And we've been pretending
we can ignore it for a long time, but rational
people with means are just like, I'm not ignoring this. I'm going to move somewhere that's quiet
out of the way. There's not not on a fucking bus route, you know, like it's stuff like
that that makes a difference. And you can pretend all you want, but human nature is
human nature. And it's what it's what people who have a choice prefer and they leave.
Yeah. Well, there's some places that are still decent that are populated.
They're cities, so to speak. So just you got to find them that there's
fewer by today, but some still exist. Right. And so, but when I'm trying to get it, like if you are
trying to go somewhere on a global scale, like if where's one of the best places in the world to earn a living? It's it's hard to dispute the United States as not being
top choice or close to top choice, right? So that's where you go. So like we're
gonna settle in Chicago or Illinois, probably not, but those are the people
that are graduating now that are or well not that they're gonna graduate.
They are gonna graduate but graduate is going to mean something different
right that's the problem. The graduation rate was like somewhat less than 30% in some of them so
that means 70% are not graduating. But that'll change that'll change and what do you think
kick after kick at the can? For sure look at Ontario's Ontario. Ontario does the same thing
right they don't fail kids anymore. The literacy test and mathematics standardized testing are regarded as, you know, archaic
methods to evaluate intelligence.
And you know, it's happened here.
It's probably happening there.
Certainly it's happening in other places.
It's irrelevant if they graduate because they don't have skill set that's going to enable
them to earn a great deal of money.
And by earning a great deal of money, that means you could be taxed at a higher rate, in which case,
say what you want about taxation, but the state is then able to collect that and provide services
to their constituents. And if they can't tax, what happens? What do they do? Right. Like, it's beautiful
to have new roads, new airports, high speed trains, shit that works.
Not stuff that's old, that's been built yesterday and it's crumbling because it just hasn't
been maintenance and there's not going to be maintenance until something happens.
Maintenance is a big thing.
The other thing that I'll note is that if you live in a place like this where the tax
base erodes, even if that government decides to go into debt to maintain roads and other amenities, what is the likelihood that the people who
live there can actually perform those maintenance tasks with any competence?
It's very low.
And you wind up with these places that are ill maintained.
Think of Detroit.
Have you been to Detroit in the last 10 years?
Detroit has picked up quite a bit. It was really bad about 10 plus years ago,
but it has turned around. Not a great place, but it's trending in the right direction. Still
has a long way to go, but it's getting a lot better than where it was. I think that that is
incorrect. I think that they- Really? Yeah. I think that if you go, I was in Detroit two years ago
and there's entire swaths of city you can't visit day or night. Like that for decades. I think that really yeah, I think that if you go I was in Detroit two years ago and
There's entire swaths of city. You can't visit day or night like that for decades
Yeah, and and so I wonder many many trips to Detroit. I could tell you is like that for fucking yeah it's like there's lots of cities that are going this direction, I think and
Like like you mentioned like I mentioned there may be a few outliers places like New York
Where no matter how dense
the population gets, no matter how many schools are poor,
with poor outcomes, I should say,
people will still live there because there's some prestige,
at least for the moment, but that's eroding.
You would have said the same thing
maybe about San Fran 20 years ago,
people will never leave San Fran,
it's everyone's favorite city,
there's prestige living there.
Now no one wants to live there.
I think Toronto is getting dangerously close to that here in Canada.
Vancouver certainly is already past that precipice.
You're going to see this more and more, you know?
And it's going to be hard to ignore because like I said earlier, everyone left is going
to be so incompetent that the bar has to be lowered to make their
incompetence seem normal and the results will speak for themselves.
Finding where are you going to go?
Where is it that you go?
I don't know.
I don't know.
That's the thing.
You got to go to small town Canada or small town USA, I think is the way I would answer
that because that's where competent people go.
They don't just leave the planet. They migrate somewhere where income levels are higher, real estate prices are higher.
You're still still performing.
It's greater.
You might be, you might be a little bit, but I will tell you, I know you say this about
Dundas all the time.
I'll tell you, I'm not saying anything about Dundas.
No, no, no.
I say this about Dundas all the time.
I'm not exposed to any of this.
I never see any of these problems, never.
I never see fights, I never hear loud noises.
I never have problems with my neighbors
or walking my dog or walking out with my daughter.
The school nearby is high performing.
Joey, you are talking exactly where I was 15 years ago
and not much has changed within my general vicinity but a lot has changed with where I want to remain and that's the
thing and so in terms of where we're like you're just behind where I was and
I have a sneaky suspicion you're gonna follow down the same fucking steps that I will as things progress.
Yeah.
And I doubt it.
Honestly, I don't know, man.
I know there's the two things that separate where I live and where you
live is there's no room for development here and there's no city services here.
So, you know, there's everywhere I look, there's a cemetery or a school, not
going to see any condos being built and certainly nothing that's 50 floors and
there's no city services.
So newcomers don't come here.
Yeah, but you guys have tons of development there.
You think we're getting 50 floor condos in Southern Oakville?
I bet you there's 20, 30 floor condos
within 10 minutes of your house driving.
Southern Oakville doesn't get this type of development
because there is nothing to develop.
That's what makes Southern Oakville something
that people want to go to because it is what it is. There's nothing else you
could build upon it. There's a huge divide between the South and North
part. But I'm telling you, 10-15 years ago we were like, if you ask me, 10-15, the
exact fucking same situation that you are in now. But the difference is, is that moving forward, I'm done.
Yeah, you're leaving. You want out. Yeah, you want out.
It's still beautiful where I am. And it may still remain beautiful, but there's more to it.
There's more to just what's around me. And you just hop in a car and you go somewhere,
because eventually you have to. And then you get exposed to that. Just for me, maybe your skin is thicker than mine,
or maybe you just with age,
I'm just less tolerant of this shit,
just in general, I don't know,
but I'm just, I have one thing in mind,
one goal, that is it, and that is just to get there.
That is it, that everything between now and then
is just basically going through an emotion,
just fucking doing the same fucking thing over and
over until I'm able to and then boom gone. But until then it's just just buying
my time. It's it just it's bullshit but fuck let's go on to some other stuff.
Because this whole just GTFO stuff to be honest sparks a huge debate. If you go
in live debate a lot of conversation, if you go
on our discord, there's even a chat, somebody requested the channel, so many people talking
about more and more people are fucking deciding to just leave, it seems. But either way, from in Spain,
this is a fucking beauty of a story. Yeah. If you plan to withdraw 3000 euros, which is,
I'll say less than 5k Canadian. And if you do that from a Spanish bank, you
got to notify the Agencia Tributaria, that's their Spanish tax agency, IRA, IRS, whatever
the fuck you want to call it. So you have to notify them in advance. 24 hour notification
is mandatory if you're withdrawing $3 dollars. If you're drawing a hundred thousand
dollars, 72 hour notice is required. So like three thousand, sorry, three thousand pounds,
oh sorry, euros, isn't a lot. Three thousand euros. No, not at all. People are going to
withdraw this, I mean not all the time, but within a given year you're going to withdraw
that because you got to pay this, you have to pay, like it happens, but now you've got to notify
them and now they got to know what the f**king do fucking do Like it's your money like why can't you get access to this?
It doesn't make any sense to me like just total control. They want to monitor a DC route. Yeah, yeah, right
This is probably just preparation to this but like come on and the fines are huge
$150,000 so 150,000 euro. It's a potential fine if you don't do this.
So there's a real incentive to make sure
you do fucking provide this information.
What's the worst part of this?
Is it that you have to report,
or is it actually that if you report something
that they decide is not true or not accurate,
then you get the fine anyway, right?
If I take out five grand and tell them,
yeah, I'm gonna just fucking throw it into the river and
Or roll around naked in it in my bed and set it on fire and they say that's not good enough
You're getting the fine like then what do you do? Right? Like that's really the problem
The problem is that the explanation has to be good enough for them
You know, my wife and I bought a we're having a deck built in the backyard. And so we had to take out a
not a not insignificant amount of money from the bank and cash and the bank didn't ask anything.
And I was surprised it didn't ask anything. In the past, I've taken out five figure sums for a roof
and a couple of other big stuff over the years, a couple of big things over the years. Every time
there's a question about what I'm doing with it. And it was before I was really waist deep,
neck deep, I guess, at this point in Bitcoin.
And I didn't give it much thought, but in retrospect,
in retrospect though, like, yeah, why the fuck
do you need to know what I'm doing with the money
that I earned, that I'm loaning you,
that I want for purposes that are unrelated
to anything you're doing?
Well, the answer is because they want control.
They want to intimidate you into staying above board on every transaction you engage in.
And even if you tell them exactly what you're doing, they may not believe you.
And then what is the consequence?
That's one thing I haven't seen from the story.
What are the consequences or what are the legal ramifications of some story that they
don't believe?
I bet you they are pretty severe.
There would be a significant alteration to your lifestyle
for a short period of time, if not more. Or a long period of time for the rest of it. If not more.
Then they'll use the guy's anti-money laundering as the reason for this. There may be some truth to that.
There may be some... They don't catch anybody. They don't catch anybody in the AML processes.
We already talked about this. Like every European bank has been implicated in these fucking money laundering schemes. TD here in Canada, literally laundering money
for the Chinese mafia at Vancouver casinos, literal hockey bags full of cash. Do you think
the guy who walks into the fucking TD and gets a hockey bag stuffed full of Canadian
dollars has to get, you know, dressed down by the fucking teenage teller? Hey, Mr. Mr.
Chan, where are you taking the fucking cash? Doesn't
happen. Only happens to you and me. When TD bank goes to the bank of Canada, ask for money.
The bank of Canada should ask them to provide some rationale. And if not, they're going
to find them. So you got to give them the same type of treatment they give their customers.
Because let's be honest, TD bank is a customer of the Bank of Canada. Right?
So that's what they got to. We got to extend this. Everybody's subjected to these fucking
rules that they don't like it. They get fined. Can we tell them that it's just, this is actually
part of my investment budget and I don't need to worry about where I spend it. And I can
spend as much as I want without worrying about the consequences. Does that only work for
the, you know, a good one is you're looking to buy mutual funds.
I'm buying mutuals with another bank.
I'm doing it in cash.
I'm taking pictures from my Instagram for my, for my, I'm taking pictures
for my hinge profile.
I need this cash bills, fish chips and insurance and mutual funds.
All right.
The federal reserve, they held it rates, didn't change anything.
Whoop de doo.
Not sure if you want to talk about that, but I really don't want to go fuck.
We can.
Do you have any comments?
No.
No.
Well, Bitcoin's holding steady even though that they haven't dropped rates for months.
And the last time they dropped was last year.
Actually, December of last year was the last time they made a move.
They'll have to. It's still have to at some point.
And when they do, we're going to when they do, we're going to 150.
So enjoy, enjoy the cheap stats now because that's coming.
It's only India, Pakistan.
There's a skirmish going on over there.
Crazy, crazy.
What is going on in India, Pakistan?
And like I said in a different chat, if there's ever a full scale war between the two, because right now it's just they're taking pot shots of each other and people are dying. I'm not trying to downplay it.
Did you see the video of the guy slacklining and he's like taking videos and beneath him people are getting gunned. That's crazy.
That is a crazy.
I know where it was going on. Yeah. two or three weeks ago. Yeah. And so if there ever is a full blown war, one thing Canada has done in the past, they've opened a door to displaced people,
Syrians, Ukrainians, Palestinians immediately comes to mind. And I would imagine the same
type of treatment may be given to people in that neck of the woods.
We have to absolutely stop those programs immediately.
I'm sorry. It's just the way it is.
We have to stop it.
Can I just note here that this is not going to be in the stories?
But Keir Starmer has done a 180 in the last week on immigration, on culture,
on a number of things that should be important to Canadians.
You know something, Joey? What?
Something happened today.
And I don't know if there's any connection with this but 24 Downing or 12 where the fuck the prime minister of
yeah whose eyes Downing Street I forget to know yeah it was a fire today and
there and I'm wondering if that was started by somebody yeah and then police
were calling everything I wonder if it was because somebody started a fire and
it just pissed them off he's like like, what the fuck happened? Okay, here's an office.
Here's Starmer talking about how the UK has become an island of strangers.
Great terminology.
I think that's 100% true.
And tweeting today, Len, if you want, this is a quote, if you want to live in the UK,
you should speak English.
That's common sense.
So we're raising English language requirements across every main immigration route.
Wow. What's the UK's second language? And every main immigration route. Wow.
What's the UK's second language?
I don't know.
I don't know.
I don't know.
Is there one?
I don't think there's one.
Yeah.
Right.
It's just, that is the place.
It's nuts.
If you, if you come to Canada, you should have to speak fluent English or French.
And I, there's no exceptions.
There's no exceptions to that.
Well, I cannot, I refuse to entertain that we are
taking the best and brightest and they can't speak English or French. This has to be part
of the equation. It has to be.
I believe it used to be. I'm not sure what it is now.
Sure. Shit is not now. I'm not going to get into it because I will say things that I will
regret. But anyone who's living in Canada knows this is not anywhere on the list of requirements for immigrants to this country.
So there's different ways of looking at it. I'm talking about permanent residence under
the skilled worker or economic class. That was, and that made up, I don't know if it
still does, made up the bulk of the people that came here under permanent residence.
Only permanent residence. And there was requirements to, or at least
you had to prove.
Used to be. You're saying, yeah.
And then the main, I don't know what it is now.
There's no way there's still.
That made the majority of it. But then there was other categories. Like for example, you
could sponsor a spouse, right? Like say, you know, you sponsor, there was no requirement
for language.
It is ridiculous.
But that means if you migrated here, right?
You know, this is an example.
You migrated here.
You know, you have an education.
You have a job here.
And then you marry somebody from back in your
neighbor country and you want to bring him or her here.
Now, why would they have to know like you want to live with your loved one?
Right.
To like we have to draw the line where You're going to have to do this for a number of reasons. One is we're an aging population
and those boomers are slowly or very quickly moving out of the workforce into retirement
and also passing on, but they're still going to collect and use up services that need to
be paid into CPP, old age security, healthcare.
Okay, but see, this is but you know what I think though?
I think that's a bullshit thing because the CPP actuarial says that they can provide that
without any new immigration and during an economic downturn.
They're going to have to do it because the birth rate is because part two is our birth
rate is low and you're not having enough people to replace them over time.
So you need to offset that with other people.
And those other people are going to be economic.
Why do they have to be?
Why do they have to replace at that level?
Like what are we talking about here?
What is the why here?
I'm hearing the explanation, but the why doesn't make sense.
Taxation needs to be done through the to be that's not my fucking problem.
These people, that's exactly the answer though. It will be your problem if you remain because
somebody is going to have to pay for your health care. Somebody's got to pay for your
roads. Yeah. Somebody's got to pay for your, your child's school. We'll be leaving and
it's not going to be able to be done. We'll be leaving. I'm not going to stick around for that. No chance. This is why Bitcoin by that time. And it's not gonna be able to be done. Yeah, we'll be leaving. I'm not gonna stick around for that.
No chance.
This is why Bitcoin's so important.
And that-
Because the people in charge will feed you stories
and scare tactics about what needs to happen.
And it's always something that makes your life fucking worse.
And that ties into my second-
It's not being able to drive a car.
It's the guy you order a coffee from
doesn't fucking speak English.
It's the guy driving the buses,
got a one- day fucking driver's license from some truck,
a truck stop in Mississauga and he's on the road with a full load of shit.
Like everything is just making your life fucking worse.
So that ties into my second point is not only do we have low birth rates,
we have people of means leaving. Yeah.
So that is further straining the ability to
tax people here. And obviously, Rika talks about tax efficiencies, but when you have
these older people that will use healthcare more, will collect more CPP, you may say that
it's self-funded the way it is right now, but I always secure that.
The actuarial says that. They say it's fine. They say that we don self-funded away. It is right now, but I always hear the actuarial says that they say it's fine. They say, they say that we don't need anything crazy. We can
go through a downturn. CPP is fine for the boomers. They looked at this 30 years ago
and plan for it. And you'll need this constant revolving door of people coming in to replace
those that left the, those that are not giving birth and to pay for those that are continually taking
from the system.
Yeah.
Just makes the problem worse and worse.
And I'm talking about people that work here.
Just makes the problem worse and worse.
And this is, and that's the prediction I have.
And I can't see this not playing out unless you have some real changes, like for example,
with respect to Alberta.
Now Alberta, there's talk about-
I want to see them leave so bad.
I mean, we gotta do the story.
We should do this.
We will discuss it and they are reducing the requirements in terms of how many signatures
are required to initiate a referendum for leaving Canada.
I think the number is now lower to somewhere like 160, 180,000.
The time period that you have to collect those signatures also expanded, I think, by
50% from 60 days to 120 days.
They're making it easier to at least start the process.
And then that potentially that whole discussion, it may change how things are moving.
Canada, I mean, I'm going to go back to the original topic.
Canada for a long time would let in between 250,000-300,000 people
per year.
That's when we had about 30 million people in Canada.
And that seemed to work.
It didn't strain the system too much.
It didn't overload.
And you know what?
Everyone seemed to be welcoming.
Allowed for assimilation.
Yeah.
Yeah.
It's when it changed when you went to seven digits in a very short period of time, then it changes.
And they all sell in the same four places all over the country, the same four postal
codes basically.
Reverting back to where it was is probably the right move because then you're back in
that situation where you're just slowly bringing in people and they're able, as you say, to
assimilate and it's not a huge strain on the system.
And then that's how you do it. And that's the proper way, in my opinion, how it's done.
I'm not sure if they're going to do that, but Alberta separating might initiate
talks of changing immigration system, or it might just initiate them fucking
separating from Canada, which then creates problems with what do you do with the
debt, for instance, the federal debt.
It was accumulated with them part of it. Then do
they just have to absorb a part of it if they are to go on their own? The 51st
state, I don't know if that's gonna be a possibility. You're bringing in a
bunch of people, if you look at the American political spectrum, they're very
left, even the right from Canadians standards, they're probably left in US standards. And
would they bring that in? I don't know. A territory potentially, would Alberta want
to be considered a territory? I don't know. And then that would really fucking put it,
it makes things awkward for BC.
If they give, if they gave Alberta preferred trade partner status, that would speak to
Canada or both states.
The states.
Canada would not do it.
Are you kidding?
Canada's led by the boomers.
Who would vote for that?
The boomers would hate it.
They're completely clueless.
The boomers like goldfish.
I had this conversation with my neighbor the other day.
They don't remember anything six months ago.
Nine dollar bacon six months ago.
big time pot sweetener for that whole secession deal. I don't think Alberta would want to join the United States.
I think the United States would be interested in having them
just on the resource side, but Alberta doesn't need them.
Why would they not just embrace the Saudi model?
Come here, start a business.
The currency is strong.
Everything is backed by oil.
We have fucking tons of it and we're going to ship it out.
And by the way, which provinces do you think would last
without the equalization
payments coming from Alberta? Certainly not anything east of Quebec, maybe not anything
east of Ontario. And like the further east you go, these other provinces will be starving.
They will starve in a year, two years. Not literally, of course, but figuratively, certainly
from a financial point of view, without those equalization payments, they'd be in a bit of a hard spot.
And as far as the debt, like, okay, I guess you can saddle me with the debt, but then
you also have to saddle me with my contributions to the CPP, my contributions to Ontario, Quebec,
BC, healthcare.
Like if you want to give me the debt, you got to give me everything else.
Otherwise, just exit out on the balance sheet. We'll start fresh and we'll call zeroes.
That's a good point. I didn't think about the CPT contribution.
They've done all kinds of stuff for the country and they've not gotten, let's face it, they've
not gotten much back. They don't have any Senate seats. I think six Senate seats from
Alberta, right? 24 from Ontario, 20 from Quebec, if I remember correctly, something like that.
It's a fairly high number from Laurentian sort of central power.
This is a holdover from when?
Yeah, but it hasn't changed.
Hasn't changed.
No, it won't.
Exactly.
It won't change.
And so until it does, Alberta also playing hardball today, freezing the carbon tax.
They're saying we're not paying any more than this.
Ottawa can do whatever they want. We're not going to pay it. We're not interested. There's still the carbon tax. They're saying we're not paying any more than this. Ottawa can do whatever they want. We're not going to pay it. We're not still the carbon tax. It's
not some kind of carbon pricing structure that they have. Didn't Carney talk about his
plan for this when he had three minutes to speak with Trump? You know what? He did not.
So I talk about I'm curious about what this looks like for Alberta. I will note that whenever a new prime minister is elected, generally the premiers come to
Ottawa for a meeting with the PM and the PMO to discuss priorities and sort of have their
voices heard.
Carney, to his credit, is having that meeting out west.
So a message?
Sentimental shift?
I don't know, but I have to give him credit for that.
That's good, I like the way that looks.
And I just keep listening to Doomburg
and thinking like, okay, man, this guy,
maybe he got it right.
Maybe Danielle Smith is feigning separatism
and we're gonna get fortress North America
on the back of Alberta oil, just like Trump wants.
And we see a golden age of energy production bullishness,
energy cost being low and we're wrong about Mark Carney. This turns into a Mark Carney fan page.
You know what? I wish him the best.
So do I. I should note that. I said this to my neighbors the other day
and I'll say it again here. Again, unpopular, but he is the better politician of him and
Poliev. And if he turns out to be a better prime minister, I will not be surprised. I
don't think anyone at this point, I can't imagine anyone will be. I defended him for
being the central banker, not just because of the fact that what role could
he really do in terms of impacting the economy. It's kind of like with at least the Bank of Canada,
it's almost like not only department of the government, it's like an agency. The government
of Canada could survive without the Bank of Canada, but the Bank of Canada can't survive without the government of Canada.
That's the relationship.
But last quick story, as we're running to the end of this, is the cricket factory in
London.
And receivership, even after getting a boost from the government, right?
Yeah.
This is not good news for people that are looking to eat their crickets.
They might have to look abroad to get it or maybe domestic or maybe make it and cook it. Grind your own cricket dust. Yeah. Can
you do that? Put it in your magic bullet? Yeah. Yeah. The options are limitless, but you have to
pay a higher, well, at least if you're in the States, you probably have to pay more for that
magic bullet because of tariffs. Yeah. But yeah, so like I said, too bad. So
no crickets for everybody. He's not Canadian. Canadian made. You can't get made. You can't
get elbows up crickets anymore. You'll have to buy your crickets from overseas. Yeah.
And you know what? And they shipped here in a boat. But the thing is, you don't know if
it's in any of the foods to it probably probably is. Honestly, I've resigned myself to that
fact. I try to feed eggs all the time. I know there's no any of the foods too. It probably it probably is honestly. I've resigned myself to that fact
I try to feed eggs all the time. I know there's no crickets in my eggs. So
because I I know Giorgia Maloney the prime minister of italy when soon after coming into power
She put a law in place saying you can't put this in shit like pasta and stuff
Which leads me to believe they were putting this in shit like pasta before all this to come into play which is rather scary
So what the heck are we fucking eating over here? putting this in shit like pasta before all this to come into play, which is rather scary.
What the heck are we fucking eating over here?
I don't know.
Neither a lot of red 40 and a lot of crickets.
That's it.
Come back tomorrow for a Shea.
Shea.
Talking, talking Bitcoin.
I'm sure you will ever the overseas perspective on corn and related topics until then everyone.
Thanks for coming.
Thanks for watching, listening, commenting,
and we'll see you next time.
Don't be a cock.