No one could ask for better proof that the market has utterly failed to provide the housing people need.

Trump is like the boy that cried wolf. His threats look increasingly unserious, especially after China showed that he can be made to back down.

The Revolutionary Communist Party rejects all attempts to pass the burden of this crisis onto the backs of working class people.

The unraveling of 80 years of trade integration is going to have massive implications for the world economy. All the benefits of world trade are under threat: greater productivity, cheaper products, etc.

Bourgeois economists declared ‘never again’ on protectionism. But like so many economic ‘never agains’, it has given way to real international and class antagonisms.

This is not our war

Trump’s tariffs are an existential crisis for the labour movement. We need class struggle methods to defend jobs. 

For Canadian capitalists, it’s more profitable to keep supply low to sell homes at higher prices and keep rents high.

For the first time since the Great Depression, labour productivity is falling in Canada. The Bank of Canada has called this “an emergency” and various bourgeois commentators are scrambling for an explanation. However, all of these analysts blame secondary factors and miss the elephant in the room: the system itself. 

The Bank of Canada raised its overnight lending rate for two consecutive months, after pausing its hikes earlier this year. These increases risk throwing workers into bankruptcy and triggering a painful recession.