Business
‘Great Reset’ champion Klaus Schwab resigns from WEF

From LifeSiteNews
Schwab’s World Economic Forum became a globalist hub for population control, radical climate agenda, and transhuman ideology under his decades-long leadership.
Klaus Schwab, founder of the World Economic Forum and the face of the NGO’s elitist annual get-together in Davos, Switzerland, has resigned as chair of WEF.
Over the decades, but especially over the past several years, the WEF’s Davos annual symposium has become a lightning rod for conservative criticism due to the agendas being pushed there by the elites. As the Associated Press noted:
Widely regarded as a cheerleader for globalization, the WEF’s Davos gathering has in recent years drawn criticism from opponents on both left and right as an elitist talking shop detached from lives of ordinary people.
While WEF itself had no formal power, the annual Davos meeting brought together many of the world’s wealthiest and most influential figures, contributing to Schwab’s personal worth and influence.
Schwab’s resignation on April 20 was announced by the Geneva-based WEF on April 21, but did not indicate why the 88-year-old was resigning. “Following my recent announcement, and as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect,” Schwab said in a brief statement. He gave no indication of what he plans to do next.
Schwab founded the World Economic Forum – originally the European Management Forum – in 1971, and its initial mission was to assist European business leaders in competing with American business and to learn from U.S. models and innovation. However, the mission soon expanded to the development of a global economic agenda.
Schwab detailed his own agenda in several books, including The Fourth Industrial Revolution (2016), in which he described the rise of a new industrial era in which technologies such artificial intelligence, gene editing, and advanced robotics would blur the lines between the digital, physical, and biological worlds. Schwab wrote:
We stand on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another. In its scale, scope, and complexity, the transformation will be unlike anything humankind has experienced before. We do not yet know just how it will unfold, but one thing is clear: the response to it must be integrated and comprehensive, involving all stakeholders of the global polity, from the public and private sectors to academia and civil society …
The Fourth Industrial Revolution, finally, will change not only what we do but also who we are. It will affect our identity and all the issues associated with it: our sense of privacy, our notions of ownership, our consumption patterns, the time we devote to work and leisure, and how we develop our careers, cultivate our skills, meet people, and nurture relationships. It is already changing our health and leading to a “quantified” self, and sooner than we think it may lead to human augmentation.
How? Microchips implanted into humans, for one. Schwab was a tech optimist who appeared to heartily welcome transhumanism; in a 2016 interview with France 24 discussing his book, he stated:
And then you have the microchip, which will be implanted, probably within the next ten years, first to open your car, your home, or to do your passport, your payments, and then it will be in your body to monitor your health.
In 2020, mere months into the pandemic, Schwab published COVID-19: The Great Reset, in which he detailed his view of the opportunity presented by the growing global crisis. According to Schwab, the crisis was an opportunity for a global reset that included “stakeholder capitalism,” in which corporations could integrate social and environmental goals into their operations, especially working toward “net-zero emissions” and a massive transition to green energy, and “harnessing” the Fourth Industrial Revolution, including artificial intelligence and automation.
Much of Schwab’s personal wealth came from running the World Economic Forum; as chairman, he earned an annual salary of 1 million Swiss francs (approximately $1 million USD), and the WEF was supported financially through membership fees from over 1,000 companies worldwide as well as significant contributions from organizations such as the Bill & Melinda Gates Foundation. Vice Chairman Peter Brabeck-Letmathe is now serving as interim chairman until his replacement has been selected.
Business
The Liberal war on our cost of living lives on


Well, the election is over, and it turns out that I was right to be sceptical of the polls. Polling which showed collapsing support for the Conservative Party, which I said over and over didn’t track with what I was seeing on the ground, was clearly wrong. In fact, the Conservative Party increased their share of the vote by more than 7 points, breaking 40% for the first time since 1988, while picking up 23 seats in parliament.
That kept the Liberals to a minority government — something the pollsters were definitely not predicting — and they only did as well as they did because the Bloc Québécois lost ground and the NDP were absolutely decimated.
For this we have Donald Trump to thank, and his unprecedented intervention in our election. Not to mention Canadian boomers, who as a group ranked Trump as the most important issue in this election, and “Making Canada a better place to live” as their least important issue, just behind “Growing the Economy” and making life more affordable.
They’ve made their money, after all. They’ve built up tremendous equity in their homes. And it just made them feel good to vote in a way that they thought would make Donald Trump mad. (Not that it did.)
We are now seeing a rising generation of younger adults who will be the first to lose ground as compared to their parents since the Great Depression. And why is that? Because the Baby Boomers decided to vote to reward those politicians whose policies have been, and will continue to be, a direct assault on the Canadian cost of living.
Carney’s government will double down on the worst policies of the Trudeau era. He is, after all, the Apostle of Net-Zero.
That means doubling down on carbon taxation, especially in the form of the Industrial Carbon Tax, which will hurt existing businesses and discourage others from getting off the ground. And if he sees an opportunity to go back to charging the Consumer Carbon Tax — remember that it remains on the books — he will do that as well.
It also means continued electric vehicle mandates. Many Canadians remain ignorant of the fact that the Trudeau Liberals banned the sale of new internal combustion engine (ICE) vehicles, beginning in 2035, just ten years from now. It took some prodding, but the Conservatives vowed to scrap that mandate.
Now it will remain in effect, and that means higher priced gas-and-diesel driven cars in the near term, as Canadians start to process the fact that they won’t be able to buy them soon. It will mean eventually being forced to buy even more expensive EVs and, if nothing changes, without government support, as the federal EV subsidy program ran out of money months ago.
Meanwhile, prepare for every story about an auto company bailing on commitments to build electric vehicles in Canada to feel like a crisis. Those agreements were negotiated at a time when decision makers assumed that Donald Trump would lose his second bid for the White House, and Americans would have EVs forced on them as well.
In that climate, it seemed like a great idea to accept the mountains of taxpayer dollars being offered to automakers by Justin Trudeau and Doug Ford. But without the American market, doing so makes much less business sense. Even with Doug Ford bellowing that he’s going to “hold them accountable” and force them to “continue manufacturing automobiles here in Ontario!”
And it further means that the Trudeau government’s war on pipelines will now become the Carney government’s war on pipelines.
Remember, while campaigning just a few weeks ago, how Carney went to Edmonton and proclaimed his intention to:
Make Canada “the world’s leading energy superpower,”
Invest in our “natural strengths and ensure our economic sovereignty,” and
fast-track “projects of national interest,”
while acknowledging that,
“any major energy project that comes from this great province is going to pass the boundaries of other provinces?”
His clear implication was that he intended to change course from his predecessor, to facilitate the building of pipelines, perhaps to revive Energy East, and to do so even over the objections of Quebec.
Suffice it to say, we didn’t believe a word of it. And now we see we were right not to do so, as we’ve just seen two of Carney’s ministers — Steven Guilbeault and Dominic LeBlanc — throw cold water on the idea that the Carney government would support new pipeline projects.
That’s because the activists who continue to run our country would prefer the pat on the head they get from the Davos brigade than to support the backbone of our economy, the natural resource sector, upon which Canadian jobs, energy affordability, and our overall cost of living rests.
All this means, of course, is that our work is not done. Our fight to protect the Canada we all know and love, where regular people can do honest work, buy a house, raise a family and live comfortably, goes on.
As disappointing as the outcome of this election was, it is just a setback. More and more people are hearing our message. We’re already seeing signs of buyer’s remorse among Carney voters. And, to put it bluntly, if something can’t continue on one way forever, it won’t. Which is to say, we’re going to have to change course sometime. The sooner, the better.
So, to borrow a phrase, Elbows Up.
Dan McTeague is President of Canadians for Affordable Energy.
Banks
Legal group releases report warning Canadians about central bank digital currencies

From LifeSiteNews
By
“central bank digital currency could hand incredible power to the Government and Bank of Canada to monitor financial transactions, punish whatever behaviours the government deems undesirable, and penalize those on the wrong side of government ambitions”
The Justice Centre for Constitutional Freedoms released a new report examining how the adoption of a central bank digital currency in Canada could undermine the rights and freedoms of Canadians, including their privacy, autonomy, security, equality, and access to economic participation.
Financial transactions are increasingly conducted digitally. In 2023, a mere 11 percent of transactions were conducted with cash, according to Payments Canada.
This trend is not limited to individual consumers. Government entities, including government departments, agencies, and Crown Corporations, have rapidly digitized access to, and delivery of, their goods and services over the past decade.
READ: Mark Carney has history of supporting CBDCs, endorsed Freedom Convoy crackdown
Against this backdrop, in 2017, the Bank of Canada (a Crown Corporation) began exploring the possibility of implementing its own government-issued and government-controlled cashless currency – a central bank digital currency (CBDC).
In a 2023 Bank of Canada survey on CBDCs, however, 82 percent of 89,423 respondents strongly disagreed that the Bank of Canada should be researching or building the capability to issue a CBDC. Despite these results, the Bank of Canada continues to research a CBDC for Canada.
The Justice Centre’s report critically evaluates the impact a CBDC could have on Canadians’ fundamental rights and freedoms. Absent robust legislative protections and oversight, a CBDC could allow the Government and Bank of Canada to monitor Canadians’ purchases, donations, investments and other financial transactions.
A CBDC has the potential to empower government to reward and punish the behaviours and lifestyle choices of individual Canadians, as Communist China does with its “social credit” system. Allowing the government to peer into and influence Canadians’ purchasing behaviours could have a profoundly damaging impact on their privacy and autonomy, cautions the report.
READ: Financial expert warns all-digital monetary system would enable ‘complete control’ of citizens
Canada is not the first jurisdiction to explore a CBDC. This report evaluates the Bank of Canada’s exploration within a global context, applying lessons learned from jurisdictions like Nigeria, the Caribbean, and others.
After analyzing negative outcomes of “going cashless” in jurisdictions such as Australia, Sweden, Finland, and Norway, this report advocates for the value of cash and the need for robust institutional and legislative protections for the use of cash.
Ben Klassen, Education Programs Coordinator at the Justice Centre and lead author of the report, stated, “Many Canadian politicians and policy designers would have us participate in a frantic (and global) race to digitize goods and services, including our dollar. The finish line, we are told, promises heightened profitability, convenience, and security. While the pursuit of innovation and efficiency can deliver worthwhile rewards, we must always remember the values of privacy, autonomy, security, equality, and access to economic participation. Adopting a central bank digital currency risks excluding the homeless, the elderly, the ‘internetless,’ the technologically illiterate, and the conscientious objector.”
“Most seriously, a central bank digital currency could hand incredible power to the Government and Bank of Canada to monitor financial transactions, punish whatever behaviours the government deems undesirable, and penalize those on the wrong side of government ambitions,” continued Mr. Klassen. “This issue should be framed as a contrast between a ‘digital dollar’ and a ‘human dollar’ – our currency cannot be designed without regard for the humans and human values that will be profoundly impacted by its design.”
READ: RFK Jr. warns Americans ‘will be slaves’ if central bank digital currency is established
This report was produced in collaboration with Sharon Polsky – President of AMINAcorp.ca, President of the Privacy & Access Council of Canada, and a Privacy by Design Ambassador with more than 30 years’ experience in advising governments and policy designers on privacy and access matters.
Reprinted with permission from the Justice Centre for Constitutional Freedoms.
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