Juggling Dynamite

It’s hard to imagine how damaging ice storms can be without witnessing them. After six decades of living in the north, this experience was a first for me. Big trees become weapons of mass destruction. There’s still no power or internet in our area. After a full day of sawing, cutting, and dragging tree parts, we are ready for the woodchipper at our house. Many are still buried in debris.

Hundreds of thousands of people remained without power and schools were closed in some areas on Monday morning after many Ontario locales were hit by freezing rainstorms over the weekend. According to Hydro One’s power outage map as of Monday morning, there were still widespread power outages in a stretch of the province extending from Grey-Bruce to the Quebec border that the company services. More than 390,000 homes and businesses were without power. Well over 532,000 others have also had their power restored since the storm began, according to Hydro One. Hydro One estimated that some of the areas may not see power restored until Tuesday or Wednesday. Here is a direct video link.

This weekend’s ice storm hit hard. Since Saturday, we have relied on a generator and intermittent cell service. We’re the lucky ones in that only our yard was decimated by crashing trees. Many people sustained direct hits to their homes. It looks like a war zone. Fortunately, warm air has melted the assailing ice sheets this morning.

At the moment, I have a couple of bars to hotspot off my phone, so I’m taking the opportunity to share a worthwhile discussion on the complexity of discerning “Made in Canada” goods. Happy Monday, March is kicking hard on the way out.

With the erratic threats of Trump’s tariffs, many Canadians are switching to “Made in Canada” products. But in today’s market, what does “Made in Canada” mean? How much of anything we buy is made right here in our country? Despite the highly integrated economy that Canada and the U.S. share, can we become more self-reliant by shifting all production to our home and native land? Jim Stanford, economist and Director of the Centre for Future Work; Vass Bednar, executive director of the Master of Public Policy Program at McMaster University and host of the “Lately” podcast; and Jim Hinton, owner and founder of Own Innovation and a Senior Fellow at CIGI, the Centre for International Governance Innovation, join Steve Paikin to discuss what it takes to make more in Canada. Here is a direct video link.

Danielle DiMartino Booth, CEO and Chief Strategist at QI Research, joins Jeremy Szafron of Kitco News to discuss why the U.S. may already be in a private-sector recession. From rising layoffs and corporate bankruptcies to tightening credit and collapsing consumer demand, DiMartino Booth reveals the economic cracks the mainstream continues to miss. Here is a direct video link.

Danielle downloads more interesting data in this segment.

FED Pivot in 43 Days?! Danielle DiMartino Booth returns to explain why the Federal Reserve may be forced into an urgent policy shift. In this explosive interview, Danielle calls out the true state of the U.S. economy, reveals the massive housing fraud no one is talking about, and explains why the next recession might already be here — even if the data says otherwise.

We cover everything from student loans, consumer debt, and buy now, pay later madness to the hidden risks in the auto loan and real estate markets. Danielle shares why she believes the Fed will be forced into multiple rate cuts in 2025, how Jay Powell’s narrative is breaking down, and what it means for investors, households, and the market. Here is a direct video link.