On CTV India’s High Commissioner claims Canada needs ~15 million new jobs/workers for Carney’s $1T investment plans. In clarification he says it’s not 15M immigrants—just “manpower from somewhere,” preferably the “best talent” from India (not the “muck” already causing problems) Facts ○ India already #1 source of permanent residents (~25–31% of total; ~100k–140k/year in recent peaks). ○ Indians were >50% of new international students in 2023; share crashed to ~8% by 2025 after Canada cut caps over housing, fraud, and strain. ○ Indian nationals now top removals (up from ~600 in 2021 to ~3,800 in 2025; already 3,300+ in H1 2026). ○ Canada’s own ESDC forecast: ~8.1M job openings over 10 years (not 15M). Ottawa is cutting temporary resident targets, not expanding them. A foreign diplomat doing the math on Canada’s domestic labor needs and pitching India as the solution—while Canada is reversing the recent high-volume Indian inflows—reads as meddling

Carney’s “prudent banker” brand is dead. The PBO just showed the books are being cooked Debt-service costs are now the fastest-growing federal expense: $25B five years ago → $59B this year (already larger than the Canada Health Transfer) → $83B in five years. Pure interest, paid before anything else PBO Annette Ryan: the government’s fiscal “anchors” are “more like traffic lights.” Capital spending gets a green light; operating spending is a yellow at best. “Limited fiscal discipline. It’s not stopping spending.” Real cash borrowing over five years: $733B. New debt from deficits: only $333B. The ~$400B gap is being parked with Crown corporations, loans and special funds—“a step removed from parliamentary oversight.” New risks, she said, and less transparency The former Bank of Canada/Bank of England governor who once policed balance sheets is now redefining accounting so the headline targets stay pretty while the actual liability grows off-books. Taxpayers get stuck with the interest bill @PBO_DPB