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BCCBTC
BCC / Bitcoin
crypto

Inactive
Nov 15, 2018 11:39:00 AM EST
0.0791BTC+3.192%(+0.0024)115,2740
OverviewHistoricalDepthTrendsNewsTrends
BCC Reddit Mentions
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We have sentiment values and mention counts going back to 2017. The complete data set is available via the API.
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BCC Specific Mentions
As of May 12, 2025 7:38:02 PM EDT (1 min. ago)
Includes all comments and posts. Mentions per user per ticker capped at one per hour.
8 days ago • u/H8bert • r/BitcoinCA • guess_what • C
Look, if you wanted someone to explain the articles to you, you should ask nicely instead of being argumentative.
From the first link: "Canada’s incoming Liberal government has promised considerable fiscal loosening that would exacerbate already expanding fiscal deficits, Fitch Ratings says. Canada’s credit strengths offer significant headroom to weather a fiscal or economic shock, but increased structural deficits would pressure its credit profile."
Fitch says our debt is significantly higher than other countries currently rated AA and "increased structural deficits would pressure its credit profile". Which means our credit rating is in danger, which would further increase the cost of debt servicing. The Liberals "optimistic" revenue increase, changing US relations and possible need to spend even more to satisfy other parties means the deficits are likely to be even higher than Carney's platform and put our credit rating at a greater risk.
From the second link, from BCC: "...urged the government to pursue market diversification in energy and critical minerals while strengthening domestic supply chains."
Unfortunately, Carney pledged to keep Bill C69 and the emissions cap and the carbon tax on the energy and critical minerals industries. Domestic supply will also be impacted with the above.
From RBC: "They forecast that while Canada may narrowly avoid a technical recession, growth will essentially flatline and job losses will mount, particularly in vulnerable sectors such as autos and manufacturing.
More troubling, they warned, is Canada’s declining potential growth—a trend that has been decades in the making but has now reached what they describe as a “break the glass” moment. In their view, the solution lies not in monetary policy, which has limited and uneven effects, but in targeted fiscal action. They called for government efforts focused on boosting productivity and investment rather than relying solely on expanded social programs."
Pretty bleak. But sure, pile on more spending and carbon tax our heavy manufacturing industry instead of creating an economic climate where businesses are willing to risk their capital.
From Scotiabank: "...the Liberal platform as highly ambitious but based on fragile assumptions. The platform’s $129 billion in new spending, they noted, is offset by $52 billion in largely undefined “efficiency savings”—a highly optimistic scenario, particularly in a minority government context.
They also noted that while the government’s infrastructure push could boost longer-term growth, actual execution of major projects in Canada remains slow and fraught with jurisdictional obstacles."
See the theme here? Outsized spending and few concrete solutions to remove the barriers for capital investment in Canada.
sentiment 0.98
8 days ago • u/H8bert • r/BitcoinCA • guess_what • C
Look, if you wanted someone to explain the articles to you, you should ask nicely instead of being argumentative.
From the first link: "Canada’s incoming Liberal government has promised considerable fiscal loosening that would exacerbate already expanding fiscal deficits, Fitch Ratings says. Canada’s credit strengths offer significant headroom to weather a fiscal or economic shock, but increased structural deficits would pressure its credit profile."
Fitch says our debt is significantly higher than other countries currently rated AA and "increased structural deficits would pressure its credit profile". Which means our credit rating is in danger, which would further increase the cost of debt servicing. The Liberals "optimistic" revenue increase, changing US relations and possible need to spend even more to satisfy other parties means the deficits are likely to be even higher than Carney's platform and put our credit rating at a greater risk.
From the second link, from BCC: "...urged the government to pursue market diversification in energy and critical minerals while strengthening domestic supply chains."
Unfortunately, Carney pledged to keep Bill C69 and the emissions cap and the carbon tax on the energy and critical minerals industries. Domestic supply will also be impacted with the above.
From RBC: "They forecast that while Canada may narrowly avoid a technical recession, growth will essentially flatline and job losses will mount, particularly in vulnerable sectors such as autos and manufacturing.
More troubling, they warned, is Canada’s declining potential growth—a trend that has been decades in the making but has now reached what they describe as a “break the glass” moment. In their view, the solution lies not in monetary policy, which has limited and uneven effects, but in targeted fiscal action. They called for government efforts focused on boosting productivity and investment rather than relying solely on expanded social programs."
Pretty bleak. But sure, pile on more spending and carbon tax our heavy manufacturing industry instead of creating an economic climate where businesses are willing to risk their capital.
From Scotiabank: "...the Liberal platform as highly ambitious but based on fragile assumptions. The platform’s $129 billion in new spending, they noted, is offset by $52 billion in largely undefined “efficiency savings”—a highly optimistic scenario, particularly in a minority government context.
They also noted that while the government’s infrastructure push could boost longer-term growth, actual execution of major projects in Canada remains slow and fraught with jurisdictional obstacles."
See the theme here? Outsized spending and few concrete solutions to remove the barriers for capital investment in Canada.
sentiment 0.98


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