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Greg's avatar

Vague and unexplained restrictions by government on any file are not in the public interest. Thanks Mike. The devil as always is in the details. Keep up the good work.

Paul P.'s avatar

Dear Mike,

On another grave concern is Canada's finances. The Bank of Canada website was frustrating. So much scrolling and found no news. I continue to visit the PM of Canada website for news releases, but... again nothing.

Financial wizards south of the border have been raising concerns / alarms. The link provided here is for your interest [and mine].

https://substack.com/home/post/p-209688636

If you find any details on what the Bank of Canada and the PM (aka financial wizard) are doing to protect our fiscal resilience that would be great.

Many thanks!

Mike B.'s avatar

Paul, daily press releases rarely cover this because fiscal resilience data lives in scheduled technical filings instead. When I looked into how central bank balance sheets and government borrowing intersect, I found the Bank of Canada addresses these risks in its annual Financial System Review. For overall debt sustainability, I track the Parliamentary Budget Officer (Canada's independent fiscal watchdog) and its Fiscal Sustainability Report. Those two primary records are where the actual numbers are logged.

Paul P.'s avatar

Since so many of Government announcements are without "the beef", tears at Gov't trust.

Another government minister statement without the WHAT the "significant risk to safety, human health or the environment.”

Mike B - great job in "pulling back the curtain" on what our "tax dollars" are doing. Next, we need to identify the "boogie man".

kent milani's avatar

There have been about 100 LNG vessels without any incident in the news. Perhaps the updated coordinate changes are very minor in scale.