The Liberal coalition is cracking, the housing market is hitting a financial inflection point, and Parliament just voted to leave property rights unprotected after a court ruling that has B.C. homeowners asking whether their homes are safe. Jim Csek and Iain Burns are here to bring you the day's news.

The cracks are showing on multiple fronts simultaneously. Steven Guilbe

ault may be days away from leaving the Liberal caucus entirely. Insolvency filings are at their highest level since 2009. And the House Leader just told 44,869 Canadians who signed a petition asking MPs to be held accountable for lying that Parliament has no business policing political speech for truthfulness.

Today on The Really Big Show:

►CTV News reports Steven Guilbeault could resign from the Liberal caucus this week, escalating his earlier cabinet resignation over Carney's decision to roll back Trudeau-era industrial emissions regulations

►A letter signed by 14 Liberal MPs expressing concern over Carney's environmental policy rollbacks was obtained by CBC News, which reported the contents but did not publish the names of the MPs who signed it

►The Bloc Québécois has publicly invited disaffected Liberal MPs unhappy with Carney's environmental rollbacks to cross the floor and join their party

►Liberals and NDP vote 199 to 139 to reject a Conservative motion to protect property rights, following a B.C. court ruling granting the Cowichan Nation Aboriginal title over 1,846 acres of privately owned land near Richmond, as property owners across B.C. ask MPs whether their homes and investments are safe

►Equifax Canada reports Canadian insolvency filings jumped 18.8% in the first quarter of 2026 to the highest level since 2009, with homeowner insolvencies up 11%, mortgage delinquencies surging 52% in Ontario and 36% in B.C., as Equifax warns Canadians have hit a "financial inflection point"

►The Privy Council's own focus group research finds most Canadians have resigned themselves to U.S. tariffs never being fully removed, with no consensus on whether Carney is on the right track despite his repeated promises to "get an even better deal"

►Eby concedes the Pacific coastline is federal jurisdiction, not B.C.'s, a significant legal admission that could limit his ability to block a federally designated pipeline project under Bill C-5

►Prime Minister Carney met with Indian Commerce Minister Piyush Goyal to advance a Comprehensive Economic Partnership Agreement targeting conclusion by end of 2030, which would more than double two-way trade to $70 billion annually

►Federal taxpayers have spent $97.8 million housing asylum claimants in hotels in Peel Region alone, with committee testimony confirming no criminal background checks are conducted before accommodation is provided and services can flow before eligibility is confirmed

►Peel Police's Extortion Task Force dismantled an international criminal group targeting South Asian business owners, arresting 17 suspects facing charges including violent extortion, fraud and firearms offences

►Conservative MP Michelle Rempel Garner challenged Tim Hortons in the House of Commons over lobbying records showing the company was still seeking expanded temporary foreign worker access as recently as October 2025, weeks before launching its "hire local" campaign targeting 10,000 Canadian workers

►Five years after the Tk'emlúps te Secwépemc First Nation announced ground-penetrating radar had detected what it claimed were 215 buried children at the Kamloops Indian Residential School, no physical evidence confirming the claim has ever been presented

►Government House Leader Steven MacKinnon says Parliament has no business policing political speech for truthfulness, responding to a Liberal MP's own petition signed by 44,869 Canadians calling for MPs to face court-ordered fact-checks and suspension for lying