GeoFinance | Profit Primate
Swinging through markets, stacking cash, and outsmarting the jungle.
Finance | Politics | Bananas
Fun fact: I turned $1 into $2
๐ TORONTO BUYERS JUST WENT ON STRIKE
GTA home sales plunged 5.2% in September โ the steepest drop since February. Benchmark price down to C$924,600 as sellers refuse to meet buyers.
The market has power. Who blinks first? ๐
#housing#cdnecon
๐งป TARIFFS JUST HIT YOUR TOILET PAPER / The US slapped 50% on Canadian wood pulp; Canada hit back with 25% on American toilet paper. Trade wars aren't abstract โ they raid your grocery bill. / What's the most absurd price jump you've seen lately? ๐ #tariffs#cdnecon
Ouch. This is going to hurt Canadian Snowflakes.
Serious question: are Canadians really that dumb to believe what our government is telling the public?
๐จ TRADE WAR HITS 2 IN 3 SMALL BIZ OWNERS ๐จ๐ฆ
65% of owners say trade tensions hurt their business. 22% are funding it with credit cards and HELOCs. Ottawa talks tough, Washington talks tariffs โ Main Street pays.
How are you coping? #tariffs#cdnecon
๐จ SPEND NOW, SAVE NEVER ๐ธ
Americans upped spending 0.9% in August on income growth of 0.2%. Savings rate crashed to 4.1% โ lowest since 2022 โ while the 10-year yield sits at 5.24% and the S&P closed green at 7,666.
Who's holding the bill when this rolls over? #economy#debt
๐ CANADA'S FACTORIES JUST FLASHED A WARNING
PMI slipped to 51.5 in September โ input costs highest since mid-2022, delivery delays worst since Aug 2022, confidence at December lows. Tariffs are strangling supply chains.
How long until the "stall" becomes a slowdown? #cdnecon
๐จ CANADA JUST PUNCHED BACK WITH C$28B ๐จ๐ฆ
Ottawa slapped up to 50% on US steel and cotton tees โ while the S&P posts its best 4-year run since the '90s and the 10-yr yield hits 5.3%. Your wallet pays for both.
Who breaks first โ Trump or Carney? #tariffs#cdnecon
๐จ TARIFF WAR HITS CANADA'S SKIES โ๏ธ
Trump threatened to block ALL US business with Bombardier unless it moves manufacturing south. That's C$7B of Canada's GDP turned into a bargaining chip.
Which Canadian company is next on the list? ๐จ๐ฆ
#tariffs#cdnecon
๐จ THE UNEMPLOYMENT RATE IS LYING ๐
Canada lost 42,000 jobs in August โ yet unemployment stayed flat at 6.4%. The trick? 37,000 Canadians just quit the labour force. You are not "unemployed" if you give up looking.
How safe does that 6.4% make YOU feel? #cdnecon#economy
๐ RED ON WALL STREET, RED ON YOUR MORTGAGE
US stocks closed lower again โ 10-yr yield at 5.26%, confidence sinking. CIBC and TD just hiked fixed mortgage rates 20 bps in Canada.
How much more can households take? #cdnecon#economy
๐จ MARKETS SLIP AS TRUMP'S BAN ON CANADIAN GOODS GOES LIVE
Dow -0.26%, S&P -0.17% as ~$1B of Canadian booze, dairy and motorcycles hit the ban list at midnight. Consumer confidence just hit a 12-year low. Gold keeps ripping.
Does Carney cave โ or hit back harder? #tariffs#stocks
๐ธ AMERICA'S SPENDING BOOM MAKES NO SENSE
Retail sales jumped 1.2% in August โ crushing forecasts. Sentiment tanked at the same time. Americans are spending like they're confident while saying they're miserable.
How long before the bill comes due? #economy#cdnecon
๐จ CANADA'S MORTGAGE PAIN IS SPREADING ๐ธ
Delinquencies up 33.8% โ the steepest jump since 2008. StatsCan: non-bank arrears hit $12.1B. Brampton defaults up TENFOLD since 2019. This isn't a soft landing.
Who's still calling this a "correction"? ๐ #housing#cdnecon
๐ CANADA'S ECONOMY JUST STALLED
StatsCan: GDP went flat in July โ manufacturing down 0.9%, retail down 1%. BoC's Macklem warns new tariffs could slash Q4 growth below 1%.
Growth stalling AND a possible rate hike โ who's feeling the squeeze? #cdnecon
๐จ TORONTO & VANCOUVER JUST RANKED DEAD LAST ๐
UBS downgraded both to "moderate" bubble risk โ housing bubble is officially deflating. GTA average price: $993K vs the $1.33M peak in 2022.
Are buyers finally winning, or is this a crash in slow motion? #housing#cdnecon
๐จ YOUR DEBT IS BIGGER THAN YOU THINK ๐ณ
61% of Americans say their debt is "under control" โ yet the same 61% found they owed MORE than expected. Credit card balances hit a record $1.26T. That's not a lifestyle, it's a trap.
When did you last check your balance? #debt
๐จ TARIFFS JUST WENT FROM TAXES TO BANS
Washington sees "no urgency" to fix the trade war โ while slamming the door on Canadian whisky, cheese and motorcycles at midnight. Easy to be comfortable when YOU pay the price.
Who's really winning the tariff war? #tariffs#cdnecon
๐จ TARIFF WAR JUST ESCALATED
Tomorrow the US starts banning Canadian whisky, cheese & motorcycles at the border โ while Washington says there's "no urgency" for a deal. Who's actually winning this: the US or Canada? ๐
#tariffs#cdnecon
Only in Canada, when a drunk driver driving the wrong way killed two people, got arrested, and was released pending further investigation.
Unbelievable!!
Everything in Canada is a joke!
CANADA IS DESTROYING ITSELF BY ALLOWING MILLIONS AND MILLIONS OF PEOPLE INTO THE COUNTRY.
He is not wrong on this. Look at the people around us. We don't have the same quality of immigrants as 10 years ago.
We'll see endless airport taxes and fees increase for the future.
It's not like we have a choice to go to another airport.
We are so fuxked.
I love how Canadians don't even know what's going on.
Oh yea, blame Trump on this one too. ๐คฃ๐คฃ
Companies are waiting for the Canada/US trade deal.
Who has the biggest consumer market? Canada? ๐
I guess more Canadians will "Elbows Up" at the EI office.
Canadians: better prepared what's coming ahead.
You can't poke the bear everytime and expect nothing will happen.
Eventually, the bear will attack you.
Canadians: Before you laugh at the US or Trump, look at our own government.
Our idiot government isn't any better.
How the fuxk can someone make $1.46B (billion!!) in errors?
Seriously?!?!
I can smell Vancouver is next.
Taxpayers will pay for it so homeless can have a safe place to have "fun".
Might as well the government provides the "hookup" service as well.
Look at the US and Canada GDP comparison, especially for the last 10 years.
Who's better?
This is what we get when we anti-everything and cheer for Liberals.
Why bother being a landlord in Lower Mainland anymore.
Our government cap your rent increase while the property taxes, utilities, insurance, and strata fees go up more than 5% annually.
Oh right, our government is looking out for you. ๐คฃ
Trump can call whatever he wants. I couldn't care less if we rename it Lake China or something.
I got used to it because in BC, our government bent over backward for First Nations. We even renamed our new bridge to some crappy First Nations name that nobody can pronounce.
I love how Trump likes to piss Canadians off.
Let's see how Carney and the internet of Canadians respond.
He is a fun President, that's for sure.
Our lives will be boring without him around.
Crazy to see Realtor is treating Canadian Real Estate like a stock market.
The real estate price won't bounce like a stock because it fell below the support line.
Of course, with the recent RBC report, Realtors have another reason to say this is the "real" bottom.
It's amazing when I heard Canadians saying Trump will TACO his tariff again and again.
Sure, it can happen.
BUT the whole picture is that car manufacturers are moving their manufacturing back to the US due to uncertainty.
No private businesses want to operate under political and economical uncertainties.
That is the damage even when the tariff might not happen.
Look at the empty street parking along NW Marine Drive near Jericho.
It used to be filled with people parking there and walk down to the beach.
What the City achieved by installing parking meters at $4/hr? Nothing!
People just park even further for free parking and flooded local streets.
Local working Canadians can't even enjoy local beaches without paying a dime.
I appreciate Costco trying to keep the cost of their rotisserie chicken down, but I wouldn't mind paying an extra $0.50 if they packaged it in a cardboard container.
I stopped buying because the plastic bag releases toxins under heat.
Trying to avoid plastic as much as possible.
Just follow Trump's stock purchases.
March 2026: Trump buys approx. $65,000 of Moderna stock
July 2026: The FDA's vaccine advisory committee recommends Moderna's mRNA flu vaccine
August 2026: Moderna stock increases 185% since March 2026
Seems like Trump is giving Carney another 3-day lifeline.
Let's work it out with Trump and save the Canadian economy.
There are so many working Canadians suffering right now.
This is caused by our government not funding annual wildfire response properly while giving away billions to Ukraine.
Carney and Trudeau are putting Canadians into this disaster.
This is sad to see when Canadians have lost everything due to wildfires, mostly caused by humans.
#bcfire#bcpoli#canada
$10,000 a month to house ONE tenant and he doesn't even live there daily.
WTF is our City doing?
Serve his notice and replace him to somewhere else.
Also, why does our government give him housing when he has somewhere else to sleep in?
Our western society is so broken.
#vancouver#bcpoli
Did Carney and Doug Ford just bend over to Trump?
Geeeeez. At least keep your Elbows Up for longer.
Our politicians are like small dogs who bark a lot.
#canada#canpoli
Why bother working in Canada?
Our government doesn't seem to care about white collar crimes.
Let's scam, steal, and launder money since you'll get little time in jail if you ever get caught and sentenced.
#canada#criminals#bcpoli#canpoli
Exactly.
It's weird that one of my colleague wants to be the "person" that you mentioned.
Now, he is working 2x as much as all other employees and complains he doesn't have time.
Sure, most of the staff got layoff and he still has a job. But he is working 10 hours a day all by himself in the office.