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Just PublishedThe Waiting Room
Canada spends 22% above the OECD average on healthcare. Wait times have tripled since 1993. 5.7 million adults have no regular provider. The system ranks bottom-half on access among peer countries. An audit from both sides of the waiting room.
March 3, 2026 · Healthcare — Part 1 of 3
Featured
Politics
A Country at the Edges
Alberta separatists have been meeting the US State Department. The PQ just won its fourth byelection. Two movements, two grievances — and the same structural failure underneath both.
February 24, 2026
Society
The Gap Year
Canada ranks 8th for happiness among people over 60. It ranks 58th for people under 30. Six indices, ten years, one consistent signal.
February 24, 2026
Latest
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Healthcare — Part 2
Thirteen Doors New
A 3.2x gap in wait times between provinces. Ontario meets its knee benchmark for 76% of patients; PEI meets it for 21%. The enforcement mechanism exists in law. It has never been used.
March 3, 2026
Healthcare — Part 3
The Referral New
Saskatchewan halved its wait times. The gains reversed. 13,000 trained IMGs can't practise. Peer countries achieve better access at lower cost. What's been tried and what hasn't.
March 3, 2026
Trade — Part 1
The Counterparty New
95.7% of crude exports. 75% of goods. Auto, aerospace, energy, agrifood — all built on preferential U.S. access. The dependency mapped sector by sector.
March 3, 2026
Trade — Part 2
The Clause New
CUSMA's sunset clause triggers a mandatory review in July 2026. Fewer than half of Canadians see the end as bad. The investment economy is already pricing the uncertainty.
March 3, 2026
Trade — Part 3
The Egress New
One pipeline to non-U.S. markets. Zero operating LNG terminals. Ten MOUs, none enforceable. The diversification rhetoric is decades old. The infrastructure is not.
March 3, 2026
Markets · Credit
The $82 Billion Stress Test New
What private credit actually is, what the stress looks like before defaults arrive, and why it matters if you hold a Canadian mortgage.
March 3, 2026
EV Transition — Part 1
The Guarantee New
100% EVs by 2035. Dealers warned. Manufacturers objected. Honda postponed. ZEV share fell. The mandate was repealed. A primary-source timeline.
March 2, 2026 · 10 min read
Markets · Fiscal Policy
The Warning New
Global credit spreads at 2007 levels. Canada spending into it. Two sourced arguments — build the buffer, or spend for resilience. You decide.
March 2, 2026 · 9 min read
EV Transition — Part 3
The Closing Window New
Europe has hybrids. China has 4.8 million chargers. Canada has the F-150 and 9.98 million km². The next phase doesn't look like the last one.
March 2, 2026 · 9 min read
Fiscal Policy
Canada's Debt Debate Is Two Different Debates New
The government cites 13.3% net public debt. Critics cite 309% total economy leverage. Both are real numbers describing different risks. Here's how to read them together.
March 2, 2026 · 7 min read
Governance · EV Policy
The $5,000 Export
$52B committed to EV production. Honda frozen. Stellantis sold for $100. The consumer rebate kept writing cheques — to everyone else's assembly line.
March 1, 2026 · 9 min read
Governance
The Generational Investment New
$311 billion in "capital investment." The PBO says $94 billion doesn't qualify by international definitions. The operating surplus depends on the reclassification.
March 1, 2026 · 12 min read
Governance
Where Did the Money Go? New
$311 billion in "generational investment." The PBO says $94 billion doesn't qualify. The fiscal deterioration is 80% operational.
March 1, 2026 · 10 min read
Governance
Consuming Resilience New
Four buffers — fiscal, monetary, structural, labour — each compared to 2007. Each weaker. The audit of what Canada has left.
March 2026 · 13 min read
Housing
Homes You'll Never Own
Build Canada Homes promises 500,000 units a year. The documents show most will be non-market rental on leased government land.
March 1, 2026 · 14 min read
Economy
The $96.8 Billion Headline
Foreign investment hit its highest level since 2007. The same week, GDP contracted. Both are from Statistics Canada. Both are true.
February 27, 2026
Trade
10 Handshakes, Zero Signatures
10 MOUs. 0 enforceable trade deals launched and signed. Two inherited deals signed. Three FTA negotiations initiated. The full count.
February 27, 2026 · 10 min read
Affordability
The $12.4 Billion Disconnect
Import costs drove 87% of food inflation. The government's $12.4B response doesn't touch imports, tariffs, or currency. The Bank of Canada's own data vs. the policy.
February 26, 2026
Climate
Green for Whom
$102.7 billion in corporate tax credits. $523 per tonne. A PM whose deferred pay is tied to the fund profiting from it. The incidence audit.
February 25, 2026
Security
No Warning: The El Mencho Raid and 61,000 Canadians
Canada had tens of thousands of citizens in Mexico when the raid triggered nationwide violence. Ottawa received no advance notice.
February 25, 2026
Energy
LNG: The 16,000-Mile Receipt
Canada missed the global LNG boom. This week, an Australian tanker made that visible.
February 25, 2026
Governance
The Price of the Canola Deal
A Destination Canada partnership with the CCP's propaganda arm — one year after the Hogue Commission report.
February 24, 2026
Economy
What Tariffs Didn't Break
GDP per capita stalled at 2017 levels. Business investment 20% below 2014. A non-partisan 10-year reckoning.
February 24, 2026
Economy
The Bureaucracy Cost Curve
$143,271 per employee. But compensation isn't salary — and the government is mid-layoff.
February 21, 2026
Economy
The Budget Promise Gap
Four provinces, three parties, one pattern. Every government missed its own fiscal targets.
February 20, 2026
Series
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3 Parts
The Prime Minister's Fund
Entitlements · Screen · Policy Lever
3 Parts
Immigration Architecture
System Failures · Shelter Crisis · Broken Consensus
3 Parts
The Net Zero Series
Reckoning · Green for Whom · Losing the Climate
4 Parts
The Housing Receipt
Signal · Bill · Correction · Homes
3 Parts
The Healthcare Receipt
Waiting Room · Thirteen Doors · The Referral
3 Parts
The Trade Dependency
Counterparty · The Clause · The Egress
Provincial
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Ontario
The $112M Ad Record
A record $111.9 million on advertising. The Auditor General flagged $43 million as designed to make the government look good. It's all legal — and that's the problem.
February 26, 2026
Alberta
The Ethics Vacuum
Bill 50 repealed municipal codes of conduct and terminated every active ethics complaint. The replacement mechanism: nothing.
February 26, 2026
British Columbia
Mandates Without Money
$1.4 billion cut from housing. Roughly 100 projects stranded. The mandatory construction targets for municipalities? Still legally enforceable.
February 26, 2026
Quebec
The $1.1 Billion Blind Spot
Budgeted at $638M. Actual cost: $1.1B. A public inquiry found Crown corporation executives deliberately hid the overrun. The government had no system to catch it.
February 26, 2026