My blood's boiling & you're about to feel the same way.

It's 🇨🇦's international students. Not them, but the diabolical, complex, & unimaginal scheme to fuel 🇨🇦's growth.

Here's how 🇨🇦 manufactured an exploitation machine & sold it as social good.

<thread> 🧵👇
2/ 🇨🇦 has always embraced international students, & the money they bring. They pay A LOT.

Domestic tuition at UBC or U of T is ~$7k, but ~$60k for those on a study permit.

Naturally, this skews the crowd towards a well-heeled demographic. That changed in 2019.
3/ 🇨🇦's largest source of international students was China, with the 2nd highest concentration of millionaires.

Many of the students were from these households, reinforcing that perspective in 🇨🇦.

In 2018, Canadian-China tensions rose & 🇨🇦 lost its appeal in China.
4/ 🇨🇦, addicted to the cash, cooked up a $148m plan to replace those students with new ones—primarily in developing countries.

Permits to students from India spiked fast... strangely fast. Who are these students? Get a spoon to bite, because this is where it gets f*cked. Image
5/ India is a FAST growing country, forecast to have the world's largest middle class soon. It has wealthy families, but they aren't moving here.

An Indian university study found most students looking to study in 🇨🇦 are from low-income farming regions & know little about it.
6/ What they "know" is what the recruiter told them: It's filled with opportunity, automatic PR, guaranteed gov jobs, etc.

Sometimes, the recruiters "get them in" to prestigious schools they could never actually get into. All lies—they'll say anything for the commission.
7/ Recruiters tell these families their kid is brilliant & just in the wrong country. Find a way to pay their education, & all of the parents' hard work pays off.

Bet the farm, like good parents do. So they round up their savings (& sometimes relatives). They take out loans.
8/ Heck, some literally bet the farm.

Oh, some recruiters know people that specialize in high interest loans secured by your farm? Super convenient.

Oh, they have a secure stream of capital, a lot of it from investors in 🇨🇦? So lucky, what are the odds‽
9/ So the kids get to 🇨🇦 & don't arrive at UBC or U of T, but a private career college in a strip mall. Sometimes not even the school they applied to.

Some schools popped up almost overnight, others don't have classes some semesters, & some have no domestic students.
10/ Some are run by swell folks who are strangely close with alleged organized crime groups. Opportunity is everywhere!

Anyway, once you're registered—you can start vouching for visas, there's no limit. 🇨🇦 wanted this, after all.
11/ So they:
- spent $50k to go to a diploma mill;
- don't speak english, because of testing fraud;
- have no money;
- often rent mattresses, taking 8/hr shifts w/other students;
- if this doesn't work, their parents lose everything

A TO funeral home sends 5 dead back per month.
12/ Don't worry. 🇨🇦 will help, right? In 2022, it lifted the restriction of 20 hours of on-campus work, to "help" 🇨🇦 solve its low-wage labor crisis.

Those viral videos of hundreds of people waiting in line for a low-wage job interview? Those are mostly international students.
13/ To reiterate, 🇨🇦 scoured the world for poor families. Promised opportunity if they risked everything. It turns out there was no opportunity, so now they're stuck paying off debt while most of their income is consumed by shelter costs.

It sounds familiar, but why evades me
14/ but here's the kicker. Other countries where this scam was brewing signed an inter-country agreement to refuse unethical student visa brokering.

Did 🇨🇦? Nope, it actively rejected it. Once again, because this is a part of its strategy. </thread>
ps I’m still enjoying retirement, but I’ll return and plan to respond to your everyone’s thoughtful DMs.

As for those that emailed me, uh… maybe not? 😬 Image
If it’s important, get a cat. I always respond to cat photos.

… or try texting. I can probably get to text inbox zero by 2am-ish. 😅 Image
Should also mention that when 🇨🇦 says they want international students as a diplomatic tool, it’s because the families will have a favorable view of a country their kids study.

Important to protect 🇨🇦’s public pension assets in India, where they’re scooping up real estate. 🫠
A few replies forgot the first thread—you will also be angry.

Most Canadians don't want this stuff. It's like the laundering issue—the gov is ignoring it because it improves performance indicators. We want a strong economy, but not this way.

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More from @StephenPunwasi

Dec 3
🇨🇦: who wants a funny GDP story? 🙋‍♂️

When a quant sees an unexpected surge on a chart, they break it down—it’s often a modeling issue.

This is 🇨🇦’s GDP chart. I stared at it for ~8 hours & talked to StatCan. You’re gonna laugh…

<thread> 🧵👇
2/ What do we see? Imports contributed 0.7 points out of 0.6 points of Q3 GDP growth. The rest of the economy was a net drag.

Imports contribute to GDP as a part of net exports: exports minus imports.

Smaller imports boost net exports. Imports made the biggest drop since 2022.
3/ What we’re seeing is a phenomenon called import compression: the balance was boosted by falling imports.

It’s a superficial improvement due accounting mechanics. The only growth is actually weakness.

We figured it out. But wait—how do they get import/export data? 😬
Read 12 tweets
Nov 20
🇨🇦’s real estate is about to spiral faster than most realize.

The red is the estimated level of investor-owned units. A lot don’t have the cash & hoped to flip it before completion.

It gets crazier. Let’s talk about blanket appraisals.

<thread> 🧵👇
2/ first off, when you buy a pre-construction home in 🇨🇦 you don’t own a home—you own an assignment. The right to a home on completion.

You aren’t qualified in anyway way. You make the deposits until you have 20% down at occupancy, and then you need to provide cash or financing.
3/ Lenders will do up to 80% LTV, so you need at least 20% equity on the property.

If prices rise, you have extra equity by completion. If they fall, you need to top it up.

Here’s the fun part: Prices dropped over 20% in TO since peak, wiping out the deposit.
Read 11 tweets
Oct 23
Pst… while the normies are sleeping—let’s talk about serial killers.

Specifically, the 70s boom & bust. Most experts attribute the disappearance of serial killers to improved social conditions.

What if the only thing that disappeared is the data? This gets wild.

<thread> 🧵👇 Image
2/ first rule of data literacy: what are we looking at?

This chart shows 🇺🇸 data from the Radford/FGCU, which defines a serial killer as someone who murders 2 or more in separate instances.

That definition broadens the label—even reclassifying infamous murderers like Ed Gein.
3/ Experts often attribute the rise to:
- Mobility: New highways let killers flee; victims were farther from home & community

- Post-war trauma: Returning vets passed trauma to their kids

- Anonymity: As people moved further from home, they knew fewer neighbors
Read 16 tweets
Oct 9
🇨🇦: Canada Post is losing money.

The left thinks that’s okay. The right thinks it now needs to be sold off.

The elites & their politicians? They don’t want you to realize that Canada Post’s losses were manufactured so they could loot a public asset.

<thread> 🧵👇
2/ InnovaPost was Canada Post’s in house IT provider, handling key infrastructure like email and its shipping platform.

Brilliant. This allows internal transfer for the lowest cost, since any profits are returned.

It was sold to Deloitte in 2024. Obvs they must be suckers.
3/ Canada Post built SCI, a third-party logistics company (3LP) w/ synergistic operations. It was one of 🇨🇦’s largest 3PLs, essential ecommerce infrastructure.

“SCI has been a strong performer for the Canada Post Group of Companies over the years,” Canada Post’s CEO in 2024.
Read 7 tweets
Jul 3
Have you noticed smart people are suddenly irrational—ignoring facts & embracing narrative?

It’s not your imagination—it’s a biological phenomenon exploited by leaders & we’re all vulnerable to it.

Let’s talk about amygdala flooding & neurobiological hijacking.

<thread> 🧵👇
2/ Bonhoeffer, a Lutheran pastor executed for trying to kill Hitler, famously touched on this in his theory of stupidity.

Stumped by the normal people he knew suddenly becoming Nazis, he concluded they’re not evil—they’re stupid.

Stupidity is way worse than you think.
3/ to him , stupidity is surrendering one’s ability to think, making one incapable of self-reflection or moral judgment.

It’s not greed. People are so stressed they’re outsourcing thinking.

This is why facts have no impact—there’s no consideration.
Read 16 tweets
Apr 23
🇨🇦’s wild these days.
- Money laundering capital of the world
- the global fentanyl “command & control center”
- home to transnational organized crime heads
- at least 1 in 7,800 residents are members of organized crimes.

How did this happen so fast?

<thread> 🧵👇
2/ first of all, most folks in 🇨🇦 don’t realize how bad things are yet, they’re just dealing with the consequences.

Soaring housing costs. Rising car thefts. Unaffordable housing, Overdoses in your hood. Violence in your streets.

All related.
3/ 🇨🇦’s home prices soared in the mid-2010s due to laundering.

Fentanyl proceeds were washed in casinos, then layered w/housing. It’s now called the Vancouver model.

Home prices surged since comps were skewed, & launderers WANT to pay more.

Dive into this later.
Read 11 tweets

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