Canada has the hardest working people on the planet. Unfortunately, despite their best efforts, the country remains mired in a recessionary productivity slump given misguided government policies - in particular a focus on climate change and virtue signalling instead of concentrating on business-friendly policies to drive economic growth and enhance prosperity.
Given its entrepreneurial and hard-working citizenship, a combination of aggressive tax cuts and a massive reduction in regulatory burden could make it the world's most dynamic economy. Until then, sadly, the result is prosperity by decree and stagnation by design.
A Bitcoin miner just landed a $9.7 BILLION deal with Microsoft. ⛏️🤯
Not an AI startup. Not a hyperscaler.
A company that started by plugging computers next to waterfalls in Canada.
Here's the IREN (formerly Iris Energy) story. 🧵
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