Dr. Mike P. Moffatt 🇨🇦🏅🏅

Co-Host, "Missing Middle". Husband. Father. Brother. Son. Economist. Housing guy. I used to do other stuff. Details in link.

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@coopincanada @ToddStottlemyre Absolutely. Even more impressive, I'd say, because it's a much smaller talent pool!

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

New, Mike-less episode! Cara and Sabrina answer your questions on housing affordability, immigration, downsizing, social isolation, wage stagnation, the Greenbelt, and why building more “missing middle” housing is so difficult in Canada.

Watch here: https://t.co/rJk7KNe15P

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@coopincanada @ToddStottlemyre June secondary draft, that is.

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@coopincanada @ToddStottlemyre I had forgotten about the June draft. Took me a minute, as I was thinking "how on earth did the Jays have a 3rd overall pick in 85?"

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@sandywithasign Exceptionally common. https://t.co/upOFN6VCuo

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@jfb_nott Thanks - to be clear (and I probably didn't state it as clearly as possible), I think the same political forces that created these deferral programs makes a progressive property tax unlikely.

It's a political challenge, not an economic one.

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

A fun, wonky episode today! We talk about why primary residences are exempt from capital gains taxes. The logic behind the exemption, the history behind it, and how similar exemptions exist in most (but not all) countries.

Watch here: https://t.co/hnQxRvWALl

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@cselley "Man, I wish I had gone to that restaurant that gave everyone food poisoning"

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

We're prepping for tonight's live podcast event tonight at the National Club in Toronto on 303 Bay St. Come join us - there's still a few tickets left here:

https://t.co/m26p6J18vK

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@TorontoDDG @tylermeredith It's also terrible?

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@AStuttaford @harryh @mattyglesias "We have to ban vanilla ice cream because some people prefer chocolate"

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@RobSilver Feels very "Mark Langston to the Expos".

Which I still say, to this day, was a worthwhile gamble for the 'Spos.

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@BobbiMenard @itcamefromthed That was a point I made several dozen times at the time.

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

I was assured that our stagnant GDP per capita was just a statistical artifact from population growth.

Yet now pop growth is stagnant, so is GDP growth.

[Ben Rabidoux @BenRabidoux]

Canada has now posted three quarterly GDP declines in the past year. Now technically in recession

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@itcamefromthed No, rather they weren't considering the fact that the 50K might be contributing to GDP.

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@Nukey69 Yes

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

Here's the per-capita data.

[Ben Rabidoux @BenRabidoux]

Canada has now posted three quarterly GDP declines in the past year. Now technically in recession

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@BenRabidoux Shoot. I should have used final domestic demand. That explains it.

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@BenRabidoux https://t.co/81Kgoolaqd

GDP at market prices

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@BenRabidoux Same.

Here's the values I have.

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@BenRabidoux I used CANSIM Table: 17-10-0009-01

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@BenRabidoux What did you use as your population numbers?

[Dr. Mike P. Moffatt 🇨🇦🏅🏅 @MikePMoffatt]

@BenRabidoux I'm showing it as negative... which population numbers are you using? (I might be using the wrong ones)