Opinion
Trudeau’s Winnipeg Whitewash – A Masterclass in Diversion and Disconnection

From The Opposition with Dan Knight
As Canada grapples with soaring housing costs and a quality of life crisis, the Prime Minister’s narrative on immigration & multicultural success stories clashes with the lived realities of Canadians
As some of you enjoyed the comfort of Family Day, perhaps some of you noticed Justin Trudeau making the rounds in Winnipeg – (Justin Trudeau Fireside Chat at Winnipeg Chamber of Commerce – February 16, 2024), where he found quite the fan in Loren Remillard of the Winnipeg Chamber of Commerce. It seems Remillard was all too eager to extend a metaphorical hand, fishing for tax dollars to prop up their projects.
Oh, let’s dissect the masterful art of political deflection and diversion, shall we? Justin Trudeau, spun a narrative so disconnected from the reality Canadians live in, it’s almost an art form. He lauds Toronto and Vancouver as paragons of multicultural success, cities thriving under the weight of their diversity. But here’s the catch folks—the reality on the ground, as reported by Stats Canada, tells a story that’s anything but rosy for the residents of these supposed utopias.
When we turn our gaze to the real impact of his government’s immigration policies on the ground, the picture is starkly different. Toronto and Vancouver, the benchmarks of Trudeau’s immigration success story, are in fact cities where residents report a lower quality of life than their provincial counterparts. Why? Because amidst the fanfare of diversity and inclusion, the basic needs of the citizens—like feeling a sense of belonging, life satisfaction, and mental health—are being sidelined.
Let’s not forget the elephant in the room Trudeau casually mentioned—2 million temporary residents flooding into Canada. This isn’t just a number; it’s a tsunami of demand in addition to the Liberal 500k target per year of permanent resident hitting a housing market already gasping for air, driving rents and shelter costs to astronomical heights. And Trudeau’s response? A shrug of the shoulders and a diversion to talk about measures with Mexico or the plight of international students. While these issues merit attention, they dance around the core issue: a government more obsessed with its global image than the welfare of its citizens.
The audacity to claim that Toronto and Vancouver are thriving under his policies, while Stats Canada directly contradicts this with evidence of declining quality of life, is nothing short of political theater. It’s a sleight of hand designed to distract from the harsh reality—that his government’s approach to immigration and temporary residents is contributing to a crisis of affordability and well-being in our major cities.
But amidst the spectacle, Trudeau touched on a subject that should raise eyebrows across the nation: On how his government is using immigration as a tool to “grow the economy.” Now, let’s pause for a moment to digest that, shall we?
Diving deeper, a fascinating exchange caught my ear during a Finance Committee meeting FINA-124 -February 1, 2024, where Tiff Macklem of the Bank of Canada offered some candid insights. When prodded by Mr. Jasraj Singh Hallan, Macklem conceded that the government’s spending spree and the Bank’s efforts to stabilize our economy were essentially at loggerheads. Here we have the Trudeau administration, pushing fiscal policies that seem to sprint in the opposite direction of monetary sanity.
Macklem went on, outlining that yes, government spending is contributing to growth, but let’s be clear about the kind of growth we’re talking about here. It’s one that barely keeps pace with population increases, teetering on the edge of potential. And with government spending poised to climb even higher, we’re flirting dangerously close to exacerbating inflation, rather than reining it in.
Senior Deputy Governor Carolyn Rogers chimed in with a stark reminder of the housing market’s woes. Despite interest rate hikes, which traditionally cool down housing prices, Canada’s chronic housing shortage keeps prices stubbornly high. The result? A housing affordability crisis that’s squeezing Canadians tighter than ever, exacerbated by an immigration policy that is throwing fuel on the fire of demand without addressing the urgent need for supply.
This is the picture Trudeau’s policies paint for Canada: a nation where the cost of living climbs ever higher, where the dream of homeownership slips further away for the average citizen, and where economic growth strategies seem disconnected from the realities on the ground. It’s high time for a reality check, a moment to ask ourselves whether these policies truly serve the best interest of Canadians or merely the political agenda of those in power.
Indeed, the root of the issue is staring us right in the face—supply problems are driving costs through the roof. Yet, it seems as though there’s a conspiracy of silence in the House of Commons; no one dares to utter the truth that unchecked immigration is exacerbating these supply woes, sending shelter costs soaring. Let’s dive into the latest from Stats Canada to unravel the narrative everyone is thriving under Justin Trudeau.
First off, let’s talk about renters. According to this report, if you’re renting, your quality of life isn’t just on the lower rung; it’s plummeting. Renters are staggering under the weight of financial pressures unheard of for homeowners, feeling the pinch of record-low vacancy rates and rent hikes that would make your head spin. Over 15 percentage points more likely to struggle financially and over 11 points less likely to experience life satisfaction.
But the plot thickens when we look at the younger Canadians, those aged 15 to 54. They’re caught in a vise, with life satisfaction and mental health scores that trail behind their older counterparts. The dream of home ownership? A mirage for many, as they navigate a landscape where the very idea of paying off a mortgage seems like a relic of a bygone era. And let’s not even get started on the economic tightrope walked by residents of Toronto and Vancouver, cities where the cost of living soars as high as the skyscrapers dotting their skylines.
Now, Trudeau’s government might have you believe that policies are in place to bridge these divides, to bolster the quality of life for all Canadians. But let’s be real—the evidence suggests otherwise. With renters and younger generations buckling under financial strains and cities like Toronto and Vancouver becoming enclaves of the unaffordable, the narrative being spun by the current administration seems more fiction than fact.
Consider the financial strain laid bare by these statistics: a significant portion of Canadians are finding it increasingly difficult to meet their financial needs, with shelter costs consuming a lion’s share of their income.
In a landscape marked by disparities in quality of life we’re left with a pressing question: where does the path forward lie?
Let’s cut to the chase, folks. The latest 338 polling data isn’t just a blip on the political radar; it’s a resounding bell tolling for the end of the Liberals’ reign, inching closer to losing their official party status. Why, you might ask? It’s simple: Justin Trudeau’s legacy is one of profound ineptitude, a legacy that has systematically failed Canadians at every turn. When Trudeau touts his housing policies, claiming to increase rentals, remember the cold, hard facts from Stats Canada—he’s not building homes; he’s crafting a nation with a diminished quality of life. That’s the Trudeau vision for Canada.
And let’s not overlook the audacity of his actions—jetting off to Jamaica with a hefty $162,000 bill footed by you, the taxpayer. It seems Trudeau’s concern for your quality of life evaporates faster than a Liberal MP can devour lobster in Malaysia. Meanwhile, ordinary Canadians are left to scrounge at food banks. But hey, as long as the political elite get their fill, right?
SNC-Lavalin was just the beginning, the canary in the coal mine signaling the avalanche of corruption set to spill out from Trudeau’s government. WE Charity, the Trudeau Foundation, Chinese interference, ArriveScam… the list of scandals under Trudeau’s watch is as long as it is disgraceful. These aren’t mere footnotes in history; they’re the defining features of his tenure.
Remember the uproar over a $16 orange juice under Harper? That was considered the height of scandal, a benchmark of accountability. Fast forward to today, and this government can’t even spell ‘ethics,’ let alone practice it.
So, my fellow Canadians, as we look ahead to the next election, we’re presented with a golden opportunity—a chance to reset the narrative and send a clear message to the liberal elites that we’ve had enough of their disdain for the average citizen. I, for one, will be cheering on the red wedding of Canadian politics because the liberal standard is not just detrimental to your well-being; it’s an affront to all of Canada. It’s time to say enough is enough and reclaim the Canada we know and love—a Canada of integrity, accountability, and true north strong and free.
Business
World Economic Forum Aims to Repair Relations with Schwab

The whistleblower has always been anonymous, and it remains very suspicious that the very organization he created would turn on him after receiving an anonymous letter that they admitted may not have been credible.
World Economic Forum founder Klaus Schwab stepped down from his chairman position at the organization on April 20, 2025, amid accusations of fraud. Our computer had forecast that the WEF would enter a declining trend with the 2024 ECM turning point. This staged coup happened about 37 years after the first Davos meeting (8.6 x 4.3). From our model’s perspective, this was right on time. Now, Schwab and the WEF are working to repair ties.
An anonymous whistleblower claimed that Klaus Schwab and his wife collaborated with USAID to steal tens of millions in funding. The whistleblower has always been anonymous, and it remains very suspicious that the very organization he created would turn on him after receiving an anonymous letter that they admitted may not have been credible. Something like this would never be acceptable in any court of law, especially if it’s anonymous. It would be the worst or the worst hearsay, where you cannot even point to who made the allegation.
Back in April, the WEF said its board unanimously supported the decision to initiate an independent investigation “following a whistleblower letter containing allegations against former Chairman Klaus Schwab. This decision was made after consultation with external legal counsel.”
Now, the WEF is attempting to repair its relationship with its founder ahead of the next Davos meeting. Bloomberg reported that the WEF would like to “normalize their relationship [with Klaus Schwab] in order to safeguard the forum and the legacy of the founder.”
Peter Brabeck-Letmathe has replaced Schwab for the time being, but is less of a commanding force. Schwab’s sudden departure has caused instability in the organization and its ongoing mission. Board members are concerned that support for the organization will begin to decline as this situation remains unresolved.
The World Economic Forum’s annual revenue in 2024 was 440 million francs ($543 million), with the majority of proceeds coming from member companies and fees. Yet, the number of people registered to attend the 2025 Davos event is on par if not slightly exceeding the number of participants from the year prior.
Schwab’s departure has damaged the Davos brand. There is a possibility that the organization is attempted to rebrand after Agenda 2030 failed. The WEF attempted to move away from its zero tolerance stance on ESG initiatives after they became widely unpopular among the big industry players and shifting governments. The brand has attempted to integrate the importance of digital transformation and AI to remain relevant as the tech gurus grow in power and popularity. Those who are familiar with Klaus Schwab know the phrase, “You will own nothing and be happy.” These words have been widely unpopular and caused a type of sinister chaos to surround the brand that was once respected as the high-brow institution of globalist elites.
European Central Bank President Christine Lagarde was slated to replace Schwab in 2027 when her term ends, and all reports claimed that he was prepared to remain in the chairman role for an additional two years to ensure Lagarde could take his place. What changed seemingly overnight that would cause the organization to discard Schwab before he was due to retire?
Schwab denies any misconduct and filed lawsuits against the whistleblowers, calling the accusations “calumnious” and “unfounded.” He believes “character assassination” was the premise of the claims.
I am no fan of Klaus Schwab, as everyone knows. I disagree with his theories from start to finish. Nevertheless, something doesn’t smell right here. This appears to be an internal coup, perhaps to distract attention from the question of alleged funds for the WEF from USAID, or to try to salvage the failed Agenda 2030. Perhaps they will claim that no misconduct had occurred since DOGE did not raise concerns or there is a possibility that those behind the internal coup are concerned that Schwab’s counter lawsuit could uncover new corruption. The investigation into Schwab has not concluded, but after only three months, the WEF would like to wrap it up. It appears that the WEF does not want to welcome Schwab back; rather, they would like to ensure an amicable resolution to maintain both the brand’s reputation as well as the founder’s.
Business
A new federal bureaucracy will not deliver the affordable housing Canadians need

Governments are not real estate developers, and Canada should take note of the failure of New Zealand’s cancelled program, highlights a new MEI publication.
“The prospect of new homes is great, but execution is what matters,” says Renaud Brossard, vice president of Communications at the MEI and contributor to the report. “New Zealand’s government also thought more government intervention was the solution, but after seven years, its project had little to show for it.”
During the federal election, Prime Minister Mark Carney promised to establish a new Crown corporation, Build Canada Homes, to act as a developer of affordable housing. His plan includes $25 billion to finance prefabricated homes and an additional $10 billion in low-cost financing for developers building affordable homes.
This idea is not novel. In 2018, the New Zealand government launched the KiwiBuild program to address a lack of affordable housing. Starting with a budget of $1.7 billion, the project aimed to build 100,000 affordable homes by 2028.
In its first year, KiwiBuild successfully completed 49 units, a far cry from the 1,000-home target for that year. Experts estimated that at its initial rate, it would take the government 436 years to reach the 100,000-home target.
By the end of 2024, just 2,389 homes had been built. The program, which was abandoned in October 2024, has achieved barely 3 per cent of its goal, when including units still under construction.
One obstacle for KiwiBuild was how its target was set. The 100,000-home objective was developed with no rigorous process and no consideration for the availability of construction labour, leading to an overestimation of the program’s capabilities.
“What New Zealand’s government-backed home-building program shows is that building homes simply isn’t the government’s expertise,” said Mr. Brossard. “Once again, the source of the problem isn’t too little government intervention; it’s too much.”
According to the Canadian Mortgage and Housing Corporation, Canada needs an additional 4.8 million homes to restore affordability levels. This would entail building between 430,000 to 480,000 new units annually. Figures on Canada’s housing starts show that we are currently not on track to meet this goal.
The MEI points to high development charges and long permitting delays as key impediments to accelerating the pace of construction.
Between 2020 and 2022 alone, development charges rose by 33 per cent across Canada. In Toronto, these charges now account for more than 25 per cent of the total cost of a home.
Canada also ranks well behind most OECD countries on the time it takes to obtain a construction permit.
“KiwiBuild shows us the limitations of a government-led approach,” said Mr. Brossard. “Instead of creating a whole new bureaucracy, the government should focus on creating a regulatory environment that allows developers to build the housing Canadians need.”
The MEI viewpoint is available here.
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The MEI is an independent public policy think tank with offices in Montreal, Ottawa, and Calgary. Through its publications, media appearances, and advisory services to policymakers, the MEI stimulates public policy debate and reforms based on sound economics and entrepreneurship.
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