The interest rate for most checking accounts is 0% in Canada. That makes zero sense.
So, from today, all Canadians can earn 4.1% uncapped rewards on USDC on Coinbase, and up to 4.5% with Coinbase One.🇨🇦
Never thought I would see this as a Globe editorial.
“Not wanting to pay the going rate for labour is emphatically not the same thing as a shortage of labour.”
Unions have been complaining the TFWP was a disaster since the Harper govt days. #cdnpoli https://t.co/eIHpbhOlJe
Globe & Mail reporting today about skyrocketing asylums claims by international students since 2018.
I had tweeted about this on November 28. Credit for digging up this data via ATIP goes to @smeurrens.
Many people here had disputed this at the time.
https://t.co/R7qx3CbUv4
GDP per Capita: 🇨🇦 vs. 🇺🇸 (1960-2023) 📊:
1. GDP per Capita in 🇨🇦 often lags, except for brief periods in 1976 & 2011-2
2. Gap hit 30% recently, echoing 2020, 1997-2002, & 1962
3. 🇨🇦 vs 🇺🇸 relative purchasing power has been decreasing since 1980
Because, IMHO:
1. Robust Capitalism in 🇺🇸:
Fuels bold risk-taking and innovation, generating more wealth, though it has some struggles with fair wealth distribution.
2. Conservative Approach in 🇨🇦:
Leans towards stable sectors like natural resources and banking over tech, reflecting a risk-averse culture.
3. Less employee productivity in 🇨🇦:
Factors such as lower investment per employee, partly due to:
A. The U.S.'s status as a reserve currency drawing more capital.
B. A large portion of Canadian capital being funneled into real estate.
4. Less field expertise of 🇨🇦 politicians:
In Canada ministers are elected officials, sometimes with very limited experience in their ministry, while in the U.S. they can be leading experts.
The U.S. faces its own challenges, but the widening gap between Canadian and American Purchasing Power Parity should be a concern for all Canadians.
It takes 39 years for an average person in Toronto, Canada to afford a down payment for a home in the area, per Zoocasa.
The average single-family home price in the GTA was $1,026,703 in January 2024.
The median househould income is $85,000.
The City of Toronto absorbs as much immigration as the entire provinces of Alberta, BC and Quebec.
This is one of the reasons we face unique financial pressures as a city. It is also one of the reasons why we need to fundamentally rethink our built environment - adding significant density, particularly in close proximity to transit, is the most efficient way to grow quickly, because we can add people without adding cars.
BREAKING: Canada's Immigration Minister, has announced critical measures to limit number of international students coming into 🇨🇦
-From Sep 1st there will be no more spousal open work permits for spouses of students who are not in graduate schools/programs such as Law/Medicine.
@mikalskuterud Probably because PhD students wouldn’t be a drive through set up. Strip mall colleges, then paying someone under the table for a job letter, or spending $50k on an LMIA under the table. Strip mall colleges are just the tip of the iceberg.
If Canada’s foreign student program is about attracting and retaining the world’s “top talent,” why is there a moratorium on admissions of foreign PhD students in my faculty while admissions at strip-mall career colleges in my province are surging?
Canada is one of only eight advanced countries where average real incomes are lower than before the pandemic, as inflation outpaces growth in nominal incomes. per the Business Council of British Columbia.
Imagine that you were formerly a professor at a university, and you are an entrepreneur now.
One day, a company that you have no affiliation with (other than its CEO is your husband) gets an email from a reporter from Business Insider which says that they have found five examples of plagiarism in your 2010 dissertation.
The communication person brings this to your attention and lets you know that you are being given to 12 pm to respond.
You are concerned about these allegations because even being accused of plagiarism can destroy your career and life which depend entirely on intellectual property and your reputation.
In the university context, plagiarism allegations are adjudicated by administrative boards in a process that takes months.
Here, a business publication has determined that you are a plagiarist, and has given you only a few hours to respond before they tell the entire world that you are plagiarist. So you have no choice to respond as quickly as you can with whatever documents you can get your hands on.
After a few hours of review, you determine that it appears that in four paragraphs of your 330-page dissertation, you cited the author and the source correctly, but you omitted eight quotation marks.
In the other instance, it appears that you paraphrased the author correctly, but you failed to cite him. You featured the author in multiple other places in your dissertation and you cited him the eight other times, but somehow you missed this one.
Business Insider then runs the story with the headline:
John Doe's Celebrity Academic Wife Jane Doe's Dissertation is Marred by Plagiarism
You immediately respond to the story with a post on X in which you acknowledge the missing quotation marks for the four paragraphs, and the missing attribution for the sentence, and you apologize for your mistake.
Business Insider immediately runs another story entitled:
Jane Doe Admits to Plagiarizing in her Doctoral Dissertation after Business Insider Report
This immediately becomes global news because your husband is a high-profile person and you are one of the most acclaimed designers in the world with recent retrospectives at MoMA, and SFMoMA.
The next day, at 5:19pm on Friday night, the same reporter sends an email to your husband's communication person, which says that Business Insider has identified 28 additional plagiarism allegations identified from "a thorough review of [your] published work."
The email is 12 pages long and has 6,961 words. The first 15 examples identified as plagiarism are all from Wikipedia entries for definitions of words and terms that you used in your dissertation, which include weaving, computer graphics, optimization, heat flux, sustainable design, computer-aided design, and other similar terms.
You are not even sure whether or not this is plagiarism. You honestly don't know as you have never seen Wikipedia cited as a source.
The other examples that are deemed plagiarism and included in the remaining 13 examples by Business Insider include multiple excerpts of text from software manuals for Rhino 3-D modeling software, from hardware manufacture websites including Stratasys in the description of their 3-D printer used in their website,, which prints some of your designs, from patent applications where the linked reference is unrelated to your dissertation, and may in fact be a reference to your own patent, but you have no time to check.
There is no time to run down these references, let alone read the 6,961 word email. Many of the manuals are no longer available and a substantial number of the references the reporter has given you do not appear to be correct.
In fact, until this moment when you are writing this post, you never had a chance to read the email in its entirety.
At 6:51pm, one hour and 32 minutes from the time stamp on the reporter's email, Business Insider publishes a story entitled:
Academic Celebrity Jane Doe plagiarized from WikiPedia, Scholars, a Textbook, and Other Sources Without any Attribution
This becomes the number one story in the world with global headlines effectively all of which say:
Bill Ackman's Wife Jane Doe Admits to Plagiarism
No one reads any further than the headline. Who reads articles these days anyway?
It is now the number one trending item on X with 35,600 posts versus number two which is the Princess of Wales with 3,174 posts.
Does this seem like fair journalism to you?
Does this seem like a fair way to determine whether a professor plagiarized in her dissertation 15 years ago?
Does this seem like a fair way to destroy the reputation of one of the most talented and famous designer/scientists in the world, even if she is married to billionaire?
Nearly half the international students who have been accepted by Canadian schools are being rejected by visa officers, and some public colleges in Ontario are seeing thousands of the would-be students they've admitted turned away. https://t.co/PYkeBH4H4M
30 ‘colleges’ with a graduation rate of ZERO PERCENT??
This makes me angry like I have never been in my whole life.
And as ashamed.
@fordnation SHUT DOWN these shams *today*.