Raise Your Elbows in the AeiiiiRrrr for Canada Day!
· matt morgan
Source Summary
Written by Matt Morgan, Editor at the Daily Bell: During his campaign, Mark Carney borrowed the Canadian hockey term, “Elbows Up!” to throw a few sharp ones at the neighbours to the south. It makes for fine theatre. The trouble is that the scoreboard doesn’t care how high your elbows go. For the past decade, the Liberal Federal leadership has plunged Canada deeper and deeper toward a third-world country. Here are three examples to celebrate just how well our leftist dictatorship has served us Canadians. The loonie took an elbow to the chin While the flags come out, the Canadian dollar is quietly crawling toward 70 cents and just printed a “death cross,” the moment its 50-day average slips below its 200-day. Our publisher, Mark Jeftovic flagged the pattern. The market is voting, and it is not voting for the home team. hf the loonie is really tanking vs the USD.replete with a death cross, happening right now Elbows UP! 🤡 pic.twitter.com/Zk0I6mhOms — Mark E. Jeftovic (@jeftovic) June 28, 2026 Two Economies, One Widening Gap Look past the anthem and you find a lost decade. Since 2015, real output per American has climbed about 18 percent. Per Canadian, it is up roughly 2 percent, and 2024 actually came in below 2019. This is the result of capital herded into housing and the public payroll instead of the factories, pipelines, and mines that make a worker more productive. Population has grown. Prosperity has not. It has declined. Someone has to pay for the party The elbows-up ...