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2026-11-08 Great White North
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Banker Mark Carney Doubles Down, Adds 2.3 Million More Migrants to Shocked Canadian Economy
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[Breitbart] The international banker who is Canada’s Prime Minister has announced he will import 2.3 million extra migrants to reanimate an economy paralyzed by millions of prior migrants.
“We are masters of our destiny,” banker and liberal party chief Mark Carney posted on Twitter, as his deputies revealed his sure-to-pass budget plan that will bring a record 2.3 million migrants over the next three years — even though 1.5 million Canadians lack jobs.
“It is a disaster,” responded Carney’s rival, Pierre Poilievre, who leads Canada’s conservative party. “Our economy is collapsing in real time … Canadian jobs should go to Canadians first,” Poilievre said on November 6.
“Why are they doing it?” Poilievre asked at another event:
Of course you know why they’re doing it. There are corporate power brokers want to use the labor to drive down wages and charge more rent, and they’ll profit by continuing to destroy the working class. And we want exactly the opposite: less immigration, [and] controlled [so we] bring in only the people who can contribute, and only in the numbers for which there is healthcare jobs and housing available.
Carney’s bloc of 2.3 million includes new migrants, temporary migrants, and permanent status for prior temporary migrants. They will enter a nation of 42 million, which already includes roughly 8.3 million subsidized migrants — and a declining number of jobs. In the last three months, Canada lost 114,000 jobs.
His very unpopular plan is so ambitious that it will deliver two immigrants for every Canadian birth over the next three years. It will add one migrant for every 20 people, or one migrant for every fourteen native Canadians.
The scale can be understood when compared to the United States, which takes in roughly one million legalized migrants per year for a population of 300 million native-born Americans. That inflow delivers about one migrant for every 3.5 U.S. births. So Carney’s inflow would be the equivalent of the President or Congress importing roughly seven million migrants per year, or 21 million migrants over the next three years.
Carney defended his acceleration by claiming he has “taken back control” of immigration since the exit of Prime Minister Trudeau. It is a “sustainable level of immigration. … It’s the right thing to do,” he said, echoing former U.S. President Barack Obama’s rhetoric.
In reality, the mass migration is his attempt to double down on Canada’s economic strategy over the last 10 years.
The investor-pushed strategy has tried to revive Canada’s economy since 2015 by importing a huge number of cheap foreign workers who also double as renters and consumers. But this “Stimulus Migration” strategy is akin to fueling a suburban auto with jet fuel or using the electric chair as a defibrillator. The result is massive chaos and disruption throughout Canada’s economy and society.
WINNERS
There are winners from Carney’s strategy of force-feeding migrants into Canadians’ society.
Naturalized migrants are voting for his party, and the Boomer homeowners are happy to see their real estate values spike enough to afford good vacations and comfortable retirements. Universities are flush with migrant students hoping to convert work permits into residency, while employers profit by selling fake jobs to foreigners who want to migrate into Canada.
Canada’s stock market has doubled in the last three years as new consumers and cheap labor — including cheap white-collar graduates — boost profits.
Carney’s policy is providing his fellow bankers with record and fast-growing profits because new migrants, employers, and retailers require loans — construction loans, mortgages, bank loans, auto loans, and credit cards. “The Banks industry has gained 1.8% in the last week … This takes the industry’s 12-month performance to a gain of 46%,” SimplyWall.St reported November 6. “As for the next few years, earnings are expected to grow by 6.5% per annum.”
India is also a big winner because it has sent at least two million Indian migrants to Canada, from where they send home roughly $8 billion in annual remittances. Indian banks are also profiting from construction loans, mortgages, and business loans.
India’s government is offering to move 60 million Indians to expand Canada’s population to 100 million, as urged in 2011 by the Canadian investors who created the Century Initiative:
One of the investors who created the 100 million plan was Mark Wiseman. He is now Carney’s ambassador to the United States.
LOSERS
But there are many more losers because Carney’s policy of force-feeding the economy with migrants severely disrupts the normal operation of a free-market economy.
The rush of migrants has raised unemployment, forced up inflation, pushed down real wages, spiked housing, inflated welfare spending, exploded chaotic diversity. and crashed Canadian birth rates. It also shrank workplace investment and reduced the productivity that allows wage growth.
Many top bankers, economists, and the top-level Bank of Canada have made many statements describing the civic and economic damage, but the bad news is usually ignored by journalists captured by Canada’s government-funded media.
The policy has also humiliated Canadians by making them much poorer than the Americans they want to sneer at, and is forcing Canada’s government to borrow $100 billion per year to help restart an economy where people are too poor to buy homes.
Carney’s plan would also force Canadians to share their political and civic power with the 650,000 more foreigners scheduled to get permanent residency over the three years.
The policy is so bad that 67,000 migants quit Canada in 2025, including many who snuck across the U.S. border. The policy is so bad that Canadian homelessness has doubled, and Carney now wants foreign investors and drug traffickers to build houses because Canadians have too few funds to buy or build them amid fears of a property crash.
Carney’s economy is so bad that poor migrants snatch food from poor Canadians — yet Carney is promising to welcome at least 15,000 more needy pensioners.
The liberals’ inflow welcomed 2.2 million Indians, including criminals who have quickly created car theft rings, narcotic gangs, political street fights, shootings, and extortion gangs in what was once a peaceful, coherent, and pre-diversity Canada. An increasing volume of those drugs and Indian migrants is being smuggled into the United States.
POLITICS
The political reality is that Carney’s Liberal Party controls national policy because its parliamentary majority gives it total control over Canada’s largely secret budget process and hidden migration programs.
The solid liberal majority is built on migrant voting blocs, large government payrolls, corporate backing, control of the media, and strong support from older, home-owning Canadians who want to back Carney’s frequent nostalgia-themed clashes with President Donald Trump. The coalition allowed Carney to rescue the party after Justin Trudeau resigned in January 2025, and then to defeat Poliviere in the April 2025 election.
In response to the defeat, Canada’s minority Conservative Party is gradually becoming more populist, despite its traditional reliance on business donors.
Conservative Party leaders increasingly describe migration as a corporate giveaway to older investors.
Canada Plans Nearly 660,000 Permanent Residents in 2027
Replacing all those government-assisted suicides with an imported population that has no interest in assimilating into the Canadian ethos. [KhaamaPress] Canada plans to grant permanent residency to nearly 660,000 people in 2027 under a new immigration strategy, as Prime Minister Mark Carney defends the expanded intake as sustainable despite criticism from opposition Conservatives over pressure on housing, employment and public services.
The federal government’s 2027-2029 immigration plan, outlined in the 2026 budget, sets annual targets of 380,000 permanent residents and 370,000 temporary residents. The temporary intake will include 220,000 foreign workers and 150,000 international students each year. However,
the way to a man's heart remains through his stomach...
the permanent residency figure for 2027 is expected to rise to approximately 657,250 when one-time pathways for people already living in Canada are included.
Under the additional measures, Ottawa plans to grant permanent status to 200,000 temporary residents who have been living and working in the country. About half will be selected through economic immigration programs, including Express Entry and the Provincial Nominee Program, while the remainder will qualify through humanitarian and family reunification pathways. The government says the initiative will include people with existing applications, including individuals from Hong Kong and Ukraine.
Carney defended the policy, saying the government had restored control over immigration by reducing the number of temporary foreign workers, international students and asylum seekers. According to figures cited by the prime minister, international student numbers have fallen by 71 percent since 2024, temporary foreign workers by 57 percent and asylum seekers by 68 percent. The government also aims to reduce temporary residents to five percent of Canada’s population by the end of 2027, down from an estimated 6.7 percent in July 2026.
However,
the way to a man's heart remains through his stomach...
Conservative Leader Pierre Poilievre questioned whether Canada could accommodate the additional arrivals, citing shortages of affordable housing, employment opportunities and pressure on healthcare services. Conservative immigration critic Michelle Rempel Garner also accused the government of structuring immigration targets in ways that favour corporate interests rather than Canadian and newcomer workers. Carney maintained that granting permanent status to people already contributing to Canadian communities would support a more sustainable immigration system.
The government has also pledged to reform the Temporary Foreign Worker Program, allocating $151.5 million to improve processing, strengthen employer compliance and better align recruitment with regional labour market needs. It plans to give provinces and territories a greater role in selecting economic immigrants colonists and make the Rural Community Immigration Pilot permanent. The changes come as Canada seeks to balance labour shortages and an ageing population against concerns over housing affordability, employment and the capacity of public services.
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Posted by Skidmark 2026-11-08 00:52||
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