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Canada’s most important sectors have made huge financial gains since 2015, when Trudeau took office. Bank profits have trended higher. (For example, the Royal Bank’s 2023 profits were record-breaking, and at $16.24 billion, 62.4 percent higher than in 2015.) Oil and gas moved from a net income of $11.8 billion in 2014 to $63.1 billion in 2022 and benefit from a new, publicly funded pipeline that cost Canadians more than $34 billion to build. Insurance companies’ profits are breaking records. Profits in telecommunications hit a record high in 2022. You get the idea. And CEOs are rolling in it. In 2024, Canada’s 100 top paid CEOs made $13.2 million, on average. It’s the third highest payout of all time — after 2021 and 2022. Of course, there’s a flip side to this wealth accumulation: record-breaking numbers of visits to food banks; a housing crisis that exists in every single town and city across Canada (a crisis that, in the winter especially, leads to death and amputation); record-breaking income inequality. The Canada of 2025 is in a delicate, precarious state. People are on thin ice.