RE:RE:RE:RE:RE:RE:RE:AllianceCBalardo,
You stated "Well, Trudeau better have a stellar April 16 budget announcement, or this ESG carbon credits could cause reccesive back pressure, Ford announced huge cuts again today."
JT doesn't control the always interested parties operating The Bank Of Canada and JT is beholden to the timeline set by the U.S. Federal Reserve minions and their respective lieges.
Interest rates for Canadian families are not going to come down fast enough and be taken anywhere near low enough to avoid the decimation of any remaining disposable mortagage bearing family income, as would be resulting from the coming renewal of immenase tranches of Canadian family mortgages at interest rates which are simply already unsustainable and would intentionally remain unsustainable for the remainder of 2024 and 2025.
The Canadian annual inflation figures being suggested presently are representative of outright lies at this junture. Specifically, a 3.1% inflation figure for March is an outright lie. Representatives for The Bank of Canada have lost all credibility spewing their nonsense.
We understand that unsecured credit rates, the current increasing mortgage default rates are presently demonstrative of the very canary in the coal mine that has already died.
There exists a previously formed Canadian residential realestate market orchestrated collapse which stands a great chance at being experienced, due to the fact the Bank of Canada representatives simply won't remedy what amounts to being a lynchpin having already been pulled.
What's more, Ford Motor Company representatives have indicated that all bets are off until 2027, in terms of converting the Oakville Ontario Canada to EVs products manufacturing. That's 2,700 Ford employees and "high tax bracket" earners who are going to be out of work until 2027 now, i.e. should Ford not just close down that facility, take the hit reputationally and simply move all those jobs to Mexico before 2027. That kind of delay by Ford Motor Company is only the beginning. Similar actions on the part of other automotive companies are likely to snowball throughout the North American automotive manufacturing industry.
EV prices are simply too high and many Canadians know that such vehicle prices are not going to sufficiently come down within the next year or two to allow any actually afordable purchase of any EV.
Mortgage bearing households disposable income is to be entirely decimated in due course and the last purchase any one of said households want to undertake is an EV.
There are far too many lynchpins already being pulled out from each of the wheels of the Canadian economic vehicle; and then there is taxes atop of taxes being levied again and then again. This is occurring concurrently straight across the board at the the municipal, provincial and federal levels of government.
You'll suggest that the previously described may not be the case; and yet, the canary in the coal mine has already died, so to speak, and it simply takes a while before that is found out and broadly disseminated. After all, the Bank Of Canada representatives and the politicians gearing up for an early election simply don't want to spook "the sheeples" too much before they are slaughtered, so to speak.
Whatever remains of the Governent of Canada $15 Billion of funding for The Canada Growth Fund Corporation's taken up investments would more so be utilized, as it already has been in the first instance, to provide a government backed programs to purchase audited and thereby verified carbon contracts for difference and also provide carbon credit offtake agreements fromvarious Canada's Strategic Innovation Fund backed firms, e.g. Entropy Inc.
We note the Canada Growth Fund has directly invested $200 Million in Entropy Inc. Also, at a set price of $86.50 per tonne, the Canada Growth Fund will purchase 185,000 tones per year of carbon credits for 15 years from Entropy Inc, which will make Entropy Inc's parent company, Advantage Energy Inc, a 15 year long Government of Canada guaranteed bundle of ROI.
A direct $200 Million investment + 185,000 tones per year x $86.50 of guaranteed capital support for 15 years.
Is NanoXplore Inc considered enough of a proprietary technological innovations employing "greentech company" by representatives of Canada's Strategic Innovation Fund ("SIF")? If so, when is that $80 Million worth of "SIF" capital grants investment which would be provided for NanoXplore?
Is NanoXplore too much of a black box of a company in order to allow for the auditing of and verification of the amount of carbon credits which NanoXplore's proprietary graphene manufacturing "dry process" would be capable of amassing for NanoXplore and NanoXplore's bottom line at it's balance sheet?