Deep Dive · 3 weeks ago
Canada Spent $52 Billion Subsidizing EV Plants. Then Carney Let Chinese EVs In. The Math No Longer Works.
The Parliamentary Budget Officer said it would take 20 years just to break even on $28.2 billion in Stellantis and Volkswagen subsidies. Then Stellantis moved the jobs to Illinois. Then Carney cut Chinese EV tariffs from 100% to 6.1%. Now BYD is opening 20 dealerships. The subsidized industry hasn't finished being built — and it's already being undercut.
NW · 3 weeks ago
Analysis
California Spent $18 Billion and Hasn’t Laid a Single Track. Canada Wants to Spend $90 Billion on the Same Idea.
The Alto high-speed rail project would cost up to $90 billion to connect Toronto and Quebec City. California's identical project has ballooned from $33 billion to $128 billion with zero track laid after 18 years. Canada has no national standards, no workforce, and no explanation for why this money wouldn't be better spent on energy, AI, or defence.
NW · 3 weeks ago
Data
The Deficit Is $78 Billion. The Debt Grew by $87 Billion. Governments Are Hiding the Difference.
Accrual accounting lets Ottawa and the provinces report smaller deficits while borrowing far more. The provinces ran $333 billion in combined deficits since 1990. Their net debt grew by $863 billion. The gap is by design.
NW · 3 weeks ago
Accountability
Kinew Promised Affordability. Manitoba’s Debt Is Up $3.2 Billion. Taxes Are the Highest in the West.
The NDP campaigned on balancing the books and cutting costs. Three years later, the deficit has ballooned from $128 million to $1.6 billion, bracket creep raised income taxes by $82 million, and a Winnipeg family earning $75,000 pays more than families in Regina, Calgary, Vancouver, Toronto, or Montreal.
NW · 3 weeks ago
Accountability
Stellantis Took $529 Million in Taxpayer Money. Moved the Jobs to Illinois. Then Proposed Assembling Chinese Cars With Kits Shipped From China.
Three thousand workers are laid off. The Brampton plant is dark. Stellantis's answer was to assemble Leapmotor EVs from Chinese knock-down kits — a warehouse operation with screwdrivers. Ottawa rejected it. But the door Carney opened with China made the proposal possible.
NW · 4 weeks ago
Also trending in Policy & Civil Liberties
Ford Is Shielding Himself From Freedom of Information Requests. 61% of Ontarians Oppose It. Even a Majority of His Own Voters Want It Stopped.
Carney Promised to Build Homes ‘at a Pace Not Seen Since World War II.’ The Privy Council Focus-Grouped the Slogan. The PBO Says the Plan Delivers 5,200 Homes a Year.
Economy
China Owns Canada’s Only Antimony Mine. China Shut It Down. Ottawa Did Nothing.
Beaver Brook in Newfoundland could supply 5% of the world's antimony — a mineral critical to ammunition, night vision, and semiconductors. China Minmetals has kept it shuttered since 2023. The price has risen tenfold. The U.S. is spending $2 billion on a worse deposit. Canada's sits idle.
NW · 4 weeks ago
Economy
The Bank of Canada Governor Went to Beijing to Sell Trade Deals. That Is Not His Job.
Tiff Macklem joined a Liberal trade mission to China alongside Brookfield, Manulife, and Bay Street CEOs. The central bank is supposed to be independent. Instead, its governor is doing diplomatic work for a government led by Brookfield's former chairman.
NW · 4 weeks ago
Data
60% Disapprove. 55% Say Tariffs Hurt. Trump’s Approval on the Economy Is the Worst in a Generation.
One year after 'Liberation Day,' every major poll tells the same story: most Americans oppose Trump's tariffs, most say they raised prices, and the Supreme Court already struck the program down once.
NW · 4 weeks ago
Deep Dive
Canada Is Now Poorer Than Alabama. The Numbers Behind the Collapse Are Worse Than the Headline.
GDP per capita grew 3.2% in a decade — the third worst among 38 advanced nations. Canada dropped below the OECD average for the first time in recorded history. Eleven countries are richer and more equal. And 40% of our would-be top earners have left for the United States.
NW · 4 weeks ago
Data
Every Allied Country Is Cutting Fuel Taxes. Canada Is Raising Them.
Australia halved fuel taxes. Italy, Spain, Ireland, and Portugal cut theirs. On April 1, Canada's industrial carbon tax rises to $110 per tonne — and Canadians pay up to 65 cents a litre in fuel taxes.
NW · 4 weeks ago
Browse Sections
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Economy
He Slapped a 50% Tariff on His Own Ally’s Cleanest Aluminum. Now His Industry Is Paying for It.
NW · 1 month ago
Accountability
They Broke the News Industry. Now They Want a ‘Serious Conversation.’
NW · 1 month ago
Accountability
He Said ‘No Business Case.’ Now His Government Is Begging the World to Buy.
NW · 1 month ago
Accountability
A Flight Attendant Warned Transport Canada. The Government Waited.
NW · 1 month ago
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