#EvanSolomon keeps conflating AI infrastructure spending with broad-based job creation.
Building data centres and hyperscale compute is not the same thing as creating sustainable middle-class jobs.
In the U.S., AI was cited as the reason for 38,242 layoffs in May alone — nearly 40% of all announced job cuts. The tech sector is shedding workers even as AI investment reaches record highs.
Meanwhile, roughly $245 billion remains locked in private AI companies that are delaying public listings while they scale, automate, and consolidate.
Canada is years behind the U.S. and Asia on capital formation, energy infrastructure, compute capacity, commercialization, and talent retention. We don't have the supporting ecosystem required to capture the upside at scale.
A data centre creates construction jobs. AI creates efficiency. Neither guarantees net-new employment.
Investment is not employment. Compute is not productivity. And press releases are not economic policy.
The question isn't how much compute we build. It's how many Canadian jobs survive —what in real economics comes next and how are you bringing 1.3T and 200,000 STEM & adjacent professionals back to Canada within your 5 year projections, while installing the safeguards and necessary monetary changes to ensure Canada doesn’t 'bait n' switch' investment and their workers again. #AI #Sovereignty #Canada
And there's another problem with today's AI announcement.
While Ottawa is talking about hyperscale computing, Canada still hasn't addressed one of the most immediate AI and data opportunities in front of us: #sovereignintelligence platforms for critical sectors like agriculture.
Once again Canada is skipping over the fundamentals, chasing dollars without actually rolling out the architecture required. And remember #Rogers ? That outage? Yep, they still have the monopoly and control and never been called to the mat. Want more of that on top of AI? No thank you.
For years, our producers, processors, trading partners, and especially the U.S. have been demanding greater transparency, traceability, supply-chain visibility, and real-time response capabilities across North America's food system. Its national security!
Instead of building sovereign data infrastructure that strengthens food security, trade competitiveness, investment, privacy and North American resilience, we're chasing headlines about compute capacity.
AI is only as valuable as the data and systems behind it.
Canada needs more announcements. And needs sovereign platform architecture with irs tenents to solve real-world problems in agriculture, energy, transportation, and critical infrastructure —our security.
That's where the next generation of economic growth and strategic advantage will come from.
#AI #Canada #Carney #cdnpoli
And there's another problem with today's AI announcement.
While Ottawa is talking about hyperscale computing, Canada still hasn't addressed one of the most immediate AI and data opportunities in front of us: #sovereignintelligence platforms for critical sectors like agriculture.
Once again Canada is skipping over the fundamentals, chasing dollars without actually rolling out the architecture required. And remember #Rogers ? That outage? Yep, they still have the monopoly and control and never been called to the mat. Want more of that on top of AI? No thank you.
For years, our producers, processors, trading partners, and especially the U.S. have been demanding greater transparency, traceability, supply-chain visibility, and real-time response capabilities across North America's food system. Its national security!
Instead of building sovereign data infrastructure that strengthens food security, trade competitiveness, investment, privacy and North American resilience, we're chasing headlines about compute capacity.
AI is only as valuable as the data and systems behind it.
Canada needs more announcements. And needs sovereign platform architecture with irs tenents to solve real-world problems in agriculture, energy, transportation, and critical infrastructure —our security.
That's where the next generation of economic growth and strategic advantage will come from.
#AI #Canada #Carney #cdnpoli
#EvanSolomon keeps conflating AI infrastructure spending with broad-based job creation.
Building data centres and hyperscale compute is not the same thing as creating sustainable middle-class jobs.
In the U.S., AI was cited as the reason for 38,242 layoffs in May alone — nearly 40% of all announced job cuts. The tech sector is shedding workers even as AI investment reaches record highs.
Meanwhile, roughly $245 billion remains locked in private AI companies that are delaying public listings while they scale, automate, and consolidate.
Canada is years behind the U.S. and Asia on capital formation, energy infrastructure, compute capacity, commercialization, and talent retention. We don't have the supporting ecosystem required to capture the upside at scale.
A data centre creates construction jobs. AI creates efficiency. Neither guarantees net-new employment.
Investment is not employment. Compute is not productivity. And press releases are not economic policy.
The question isn't how much compute we build. It's how many Canadian jobs survive —what in real economics comes next and how are you bringing 1.3T and 200,000 STEM & adjacent professionals back to Canada within your 5 year projections, while installing the safeguards and necessary monetary changes to ensure Canada doesn’t 'bait n' switch' investment and their workers again. #AI #Sovereignty #Canada
"If you're having more AI-driven attacks, you need AI-driven defenses. Acquisition prospects look much better." — Dimitri Zabelin, PitchBook 🔎
Watch the webinar recording to learn how cybersecurity acquisitions and IPOs are shifting: 🔗 https://t.co/o1yEqVtZbn
Workers and businesses are feeling the impact of unjust U.S. tariffs — so we’re stepping in.
This week our government invested $1.5 billion to help Canadian companies and workers adapt, diversify, and win in a shifting trade environment.
GOLDSTEIN: Canada’s big bet on electric vehicles goes bust
Honda fiasco perfect symbol of the EV disaster
Trudeau boasted about betting on EVs with huge taxpayer-funded subsidies, singling out Honda as the EV industry betting on Canada. It was nonsense.
https://t.co/IUiREbanSn
.@HICC_ca Minister @GregorRobertson’s department transferred millions out of program to aid homeless veterans after claiming it couldn’t find any. Transfer confidential since it was “likely to generate negative stakeholder reactions,” said an Access To Information memo. #ATI #cdnfoi
https://t.co/1GKp7buN1n
And congratulate Dan for doing exactly what his comms people advised and then after talking down his extremely frustrated, annoyed, simmering truth-telling inner self, realized he should delete it.
I'd put a lot of money of the possibility that much like every other private sector leader before him, he's still smarting over that Eby meeting and wonders if he should've deleted that tweet.
Absolutely my favourite tweet of the week. And if Eby thinks this isn't the reaction of every business leader after they've met him/interacted with his government, then he's riding on a big fluffy pink cloud of his own "safe" supply.
Well done Don Garber. The local leaderships usually just suck BC government's gaslighting and lies up —which is how we got here.
@thesoccerdon #cdnpoli #whitecaps
Role tape...
Before you read this, lets add some recent historical context...
Remember #Starmer has fostered this Islamic threat and extremist ideologies with his "two-tier policing," specifically when he directed an aggressive legal response to the recent enforcement of online speech laws —many of those cases involved citizens posting criticism and concerns over exactly the type of threats and violence that took place in #GoldenGreens #London yesterday. Starmer has a lot to answer for –if he survives the next 6 months it will be a political miracle only negligent liberals seem to receive.
👇🤔
Starmer says the chant "globalise the intifada" is an example of "extreme racism" and people who use that phrase should be prosecuted.
Met Police Commissioner Rowley says people using the phrase on banners or in chants are "likely to be arrested," adding that police will "exploit the full reaches of the law" to protect communities from anything with a "hint of stirring up racial hatred".
Somalian born attacker known to police and government agencies, has an extremely violent history and known agenda –had been referred to counter-terrorism 6 years ago, stabs two Jewish Londoners.
UK has the highest rate of antisemitism, antisemitic violent attacks and extremist ideologies.
UK terror threat level raised to severe following the stabbing of two Jewish Londoners.
https://t.co/EBs1o4CgIn
#UK #GoldersGreen #Starmer
This is absolutely disgusting. The suspect is a male, tall, fit and well dressed –so no, its not some tweaker or person with mental health issues who the NDP government "treated" with illicit "safe supply".
This is stomach churning. Young couple recently from South Korea just taking a morning stroll in the West End.
Apparently the police need more evidence. 🤔
@DaveBaker266641 Or the 3rd infrastructure bank —don't forget Trudeau and this Liberal government funds China's Asian Infrastructure Bank, although we're currently in arrears.
Why we ever thought China needed our limited cash against their cash and borrowing power is beyond me.
Honestly? First you laugh and then you realize this is just debt payment. Unlike real sovereign wealth funds, this announcement should read like a fire alarm.
The axis of power shifts (again)…
The United Arab Emirates #UAE stepping back from #OPEC signals something bigger than oil —less cartel cohesion, more sovereign strategy, and national interest overtaking coordinated diplomacy.
Many will say this benefits Canadian producers and maybe yes, potentially.
A looser OPEC means volatility, and volatility creates windows for higher prices. That can lift margins in Western Canada.
But without pipelines, market access, and execution, Canada will keep doing what it does best: watching others capitalize while we sell at a discount.
#canada
#UAE Exits #OPEC
https://t.co/uaQKdRK4Xg
Mark Carney announcing a “sovereign wealth fund” for Canada is a bit like launching a GoFundMe to pay off your credit card after maxing it out for a decade and calling it strategy.
This is far less like Norway and more like a structured attempt to crowdsource capital to offset decades of fiscal mismanagement without calling it debt repayment.
#cdnpoli #finance #debt #sovereigndebt #bcpoli
Warning: do not confuse UAE or Saudi etc sovereign wealth funds with Canada's. The offering + ROI not equivalent.
Ukraine resumes its sovereign asset sales layered with risk and Canada creates a debt financing fund –layered with risk. Great 😠