Finance & policy • Institutionalist Blue Grit • Markets are tools. Institutions are guards. The nation is the point • UWO alum • Tweets/RTs = own opinions
Using pension funds to help grow Canadian unicorns ≠ protecting unproductive companies 🇨🇦
@EliotPence broke it down last week during #TorontoTechWeek Homecoming 👇
@WabKinew's take here won't age well.
Data centers deliver massive economic wins + manageable env. impacts.
Economic:
• 1,500+ high-wage construction jobs + 50-160 permanent roles
• Billions in tax revenue for schools/services
• $2-3+ multiplier per $1 invested
• GDP boost, infra upgrades & tech-hub growth
Env. risks (energy/emissions, water, land) rebutted by:
• 100% renewables + efficiency gains = near-zero added CO₂
• Advanced cooling cuts water use 30-50%+
• Brownfield siting & biodiversity offsetsStrong net returns for provinces choosing clean power.
Politicians are using AI and data centers as the new boogeyman to stay in power.
Please do not miss the largest value creation opportunity of our generation.
Manitoba can lead.
For the 50,135th time.....literally zero people EVER EVER EVER EVER suggested we can replace the US as a major trading partner.
If your argument or solution is predicated on this non-fact? then the rest of what you have to say is gibberish.
One would have thought that, in light of yesterday’s job numbers and the statement by the C.D. Howe Institute, he would have been astute enough to drop the « full-blown recession » babble. Being unable to change your message when circumstances change is not a good look.
@LizAnnSonders@StrategasRP You're a Chief Investment Strategist and this is how you read/interpret the table? This actually makes me not want to invest in/with Schwab lmao.
Republicans: Abortions are murder!
Also Republicans: Children dying from malnutrition, lack of vaccines and healthcare is perfectly acceptable as long as we can lower corporate tax rates by 1%.
Given the positive employment data out today, I would like to once again make the point that one month or quarter of data tells us basically nothing about our economy.
I am happy to hear Canada created 88K jobs in May.
BUT
- Our economy lost 110K jobs in the first 4 months of the year.
- The margin of error on monthly jobs data is ~50K.
- The reality hasn’t really changed: Our economy remains stuck in low-growth.
As I enter politics, I give permission to my followers and supporters to mock me relentlessly if I ever celebrate one month of data.
A guy calls his broker and asks about egg futures.
Broker says they’re at 25 cents.
Guy says, “Alright, buy me 100 contracts.”
A week later he calls again.
Broker says, “Good call. They’re at 35 cents now.”
Guy gets excited and buys 1,000 more.
Few days later, he calls again. Eggs are at 50 cents.
Now he thinks he’s a genius, so he buys 100,000 contracts.
Next day they’re at 65 cents. He buys a million.
Then they’re at 95 cents. He buys another million.
Then $1.25. He buys another million.
Next day, eggs are trading at $1.75.
He finally thinks, alright, this is probably enough. Time to take profit.
So he tells his broker, “Sell 2 million contracts.”
After a long silence, broker finally says:
“Sell to who? You’re the egg guy.”
Everyone wants a leader who will run the country like a business and treats the job as a serious job…..until we get a leader who runs the country like a business and treats the job with the seriousness it demands.
The Carney government proposed a suite of much needed regulatory reforms in a discussion paper last month. They are now extending the consultation period and will likely introduce legislation in the Fall instead of this month.
An additional 2-3 months is not the end of the world but we can’t keep having the loud minority of knee jerk naysayers getting in the way of common sense regulatory reform that is required to put more of Canada’s energy and resources into global markets starving for them.
https://t.co/Tx72tC6NmD