Worst energy shock in history transpiring; inventories about to bottom; Germany buying BC LNG; South Korea, India and China all come to Canada in the same two week period asking for oil and gas; TSX O&G index up 35% YTD.
The Canadian Left:
🤡
It's time to lead, not leave. This is our country too, and Albertans should be at the table shaping our future, not leaving it to the elites who spent the last decade trying to remake Canada without us.
When I was in my early twenties, I read a @NRO article by @heymiller about Chris DeMuth and @AEI.
In it, Miller asked DeMuth exactly what his work was about. His response (which I know by memory) was: “[it’s] an academic institution with one foot in the political world. Its job is to magnify the role of ideas in politics.”
As soon as I read it, I was hooked. I knew it was what I wanted to do when I grew up.
Roughly two decades later, I’m still grateful that it’s somehow become my vocation.
Today I’m in Montreal speaking with students at a @iedm_montreal conference about AI and classical liberalism.
Tomorrow I’m at @ManhattanInst for an interesting discussion on digital currency and public policy.
And Thursday I’m interviewing @continetti in Ottawa for @TheHubCanada on the mid-term elections and the future of American conservatism.
I’m extraordinarily lucky that I get to engage with ideas and thoughtful people for a living.
An absolute masterclass of a speech on Canada’s social constitution from @howardanglin tonight at the @cardusca Exchange. Honestly, I’m not sure I’ve heard a better or more inspiring speech about what Canada is, and what it could be. Delightful.
Today I helped babysit my sister's amazing 10-month-old twins. First time without her there. What a humbling experience 😂.
At times it felt like being in the octagon with Jon Jones. But, really, a long and awesome day.
Respect to everybody raising kids. You are appreciated.
After 6 years at Shopify, I’m joining @Opendoor as CEO. Here is why:
It is incredibly important that we use all of our energy and every modern tool at our disposal to build products that make home ownership easier. We must make the process of buying and selling a home less frictionful so more people do it.
Home ownership isn’t just about a house. It’s about families and communities.
The West has been built on the idea that ordinary people can stake a claim in their society, put down roots, and build a future. Renters move. Owners stay. That matters.
Studies show homeowners vote more, volunteer more, and are more likely to invest in their communities. It’s not sentiment—it’s data. Homeowners report higher life satisfaction and health outcomes. They have higher trust in our institutions and stronger families.
Ownership builds generational stability. Societies with broad-based property ownership are stronger. Alexis de Tocqueville saw it in America 200 years ago. Nothing has changed. Communities full of home owners are better communities. When people own, they maintain. Crime rates fall when ownership rises. Why? Because people guard what’s theirs. They police and take care of their neighborhoods, not out of fear, but pride. Ownership ties individuals to the fate of the community.
Home ownership is about putting down roots. And these roots tie us together and make our world better.
That is why the work to be done at Opendoor is so incredibly important. And that is why I believe we can build not just a successful company, but a generational company—one that empowers the promise of the West to be unlocked in the ways it was always intended. Today, Opendoor is the largest digital platform for residential real estate transactions, making it possible to buy, sell, and move at the tap of a button. We are 1% done along this journey!
My experience at Shopify showed me what happens when you build a platform that unleashes innovation at scale. Shopify gave millions of entrepreneurs the tools to change their lives, their families, and their communities. That platform mindset is what I hope to bring to Opendoor—to build a platform for homeownership, one that unlocks opportunity for millions of families and strengthens the fabric of society.
And that is why I am so incredibly proud that I get to support this team in our mission to use every tool at our disposal to make selling, buying, and owning a home easier.
AI gives us the chance to accelerate this work in ways never before thought possible. From simplifying the process of buying and selling, to unlocking personalized pathways to ownership, AI can help millions of families access homes more efficiently, more affordably, and more transparently than ever before. This is a once-in-a-lifetime opportunity to redefine what’s possible in real estate.
When the protesters tore down statute of Sir John A in Montreal, my wife and I offered to pay for it to be put back up.
We caught a lot of flack for it back then. We lost friends because the mainstream media kept repeating lies about our country and its history.
Canada is a wonderful country with a proud history. It is worth fighting for. All of it. Its history. Its leaders. Its ideals.
Canada is not just a slightly colder version of California. It has a distinct and unique place in the world. It has been a shining light to the idea of ordered liberty.
As Wilfred Laurier used to say, Canada is free and freedom is its nationality.
Let’s reclaim this history. Let’s put up more statues celebrating this history. Let’s make Canada the most free country in the world again.
When I was growing up, my mom worked very hard every Christmas to make sure her kids knew we were loved. Even when our family didn't have much money or chaos had come knocking on our door, she found a way to make Christmas feel special.
At the time, I didn't know the lengths she went to. I didn't know how stressful it was for a single mom to buy presents for three kids, or to find time in a very busy day to watch Home Alone and The Santa Clause with us. I didn't know how expensive a modest Christmas dinner was. I didn't know how hard it was to smile some years, but she smiled the biggest smile any way.
There are many moms and dads like her across Canada who are scraping together every penny they can and trying to make the most of the holiday moments with their children. These parents are unsung heroes.
Thank you. Your kids may not understand everything you're doing for them now, I sure didn't at the time, but one day their hearts will be full of gratitude, as mine is now.
Merry Christmas.
The trajectory of spending projections in each successive fall statement since 2019 tells an astonishing story of fiscal recklessness. The fall statement for 2019—the last projections before COVID—put spending for 2024/25, the year we are now in, at $421 billion. By the time of the 2020 fall statement, after adding back pension costs that the government had omitted from its main presentation, spending for the current year had risen to $429 billion.
That was just the beginning. The 2021 fall statement projected $465 billion for 2024/25. The 2022 fall statement projected $505 billion. The 2023 statement projected $522 billion. Now, the government tells us that spending in the current fiscal year will be $543 billion. In five years, the projections for 2024/25 rose by $123 billion.
And we may not be done. The spring budget said spending in the 2023/24 fiscal year—which was already over when the government tabled the budget—would be $505 billion. Now the fall statement tells us it was $522 billion. Who would be so naïve as to think the government’s latest numbers for 2024/25 are any more reliable? — @CDHoweInstitute