Some in the Canadian media, a few members of parliament, and many on Twitter seem not to bother reading the excellent and FREE research on the Canadian economy that is readily available.
As a result, it makes for poor discussions about how screwed we are, how we got here (hint: it's not tariffs), and what, if anything, we can do to get out of it.
So in an effort to improve this, here's a list of resources that I rely on every day. I encourage you to share one that you like below.
National Bank (my personal favourite)
https://t.co/4xHIbWFTQa
TD Economics
https://t.co/cnCfkxV8pI
RBC Economics
https://t.co/oTyledMFW3
Bank of Canada: Monetary Policy Report https://t.co/LC5Z4LjRGF
Bank of Canada: Staff Papers (boring but important)
https://t.co/E78Yi5zPBQ
CREA
https://t.co/3zJbg1rLVg
Stats Canada
https://t.co/c6iVdT7h44
S&P Global PMI
https://t.co/1WmiFkZLUb
Yardeni (more market stuff)
https://t.co/gtjhlcu4lR
@canada_spends Equalization is missing? Isn't that about 25 to 30billion a year that the fed's transfer out, just like the health and social transfers?
National security nightmare.
- Canada is now the source of 80pc of the known watchlist terrorists interdicted in the USA the past three years now.
- More than 1000 known terrorists were captured on American soil from Canada residency/citizenship/origin the past three years.
We are playing with fire. This is a security nightmare for Canadians and a recklessly unreliable ally for Americans.
We have over 600 Iranian IRGC terror agents we’ve lost complete track of. Just as the USA prepares to take out that regime. And we don’t know where they are.
Destroy the most important open border for mutual trade and security thru this level of security incompetence and Ottawa will shipwreck the economy.
@TuraEmanuela @AaronGunn About 18 to 20million Canadians are net contributors via Income tax. $55.6billion/20million taxpayers = $2,780 per taxpayer. Then add whatever you're paying for your province to service its debt as well.
Why is Canada trying to out-Trump Trump?
The whole Stellantis episode this week neatly captures the main problem with Canada’s political economy. Notwithstanding the claim by some that Canadian policy is too laissez-faire, what we actually witnessed was a multi-partisan consensus in favour of corporate welfare.
The debate hasn’t been about whether it’s appropriate for the federal government to transfer billions of scarce public dollars to one of the world’s largest companies. It’s about whether Ottawa should have imposed tougher conditions on the money. The Conservatives, the NDP, and even the Carney government all took essentially the same view: subsidies and protections are fine—they just didn’t negotiate them properly.
Our economic conversation is, in this sense, rather Trumpian. Protectionism and subsidies aren’t the problem. We just need better negotiators.
Yet the proper response to Trump’s own mix of subsidies and tariffs isn’t to become more like Trump. It’s to recognize the inherent problem with an economy that rests on diktats and incentives. It’s not market supported. It’s politically engineered. It exists because of government inducements and can vanish if someone else offers a better deal.
We should therefore end our dependence on corporate welfare and resist the temptation to play the same protectionist game. The goal shouldn’t be to out-Trump Trump, but to outcompete him.
Policymakers ought to focus instead on improving market conditions such that investment flows here on its own merits.
The lesson from this week (as well as similar past experiences) is that we can’t subsidize our way to prosperity. Each round of corporate welfare makes us a little poorer and a little more dependent.
It’s time to stop pretending that the answer to America’s dirigisme is our own version of it. Canada doesn’t need better dealmakers—it needs the wherewithal to stop making deals.
I’m the daughter and grand daughter of Metis Nation Saskatchewan citizens. I’m now barred indefinitely from attending their meetings in person and I’ve been threatened legally.
Sad state of affairs.
B.C. is facing the inevitable fallout of an economy built not on value-added manufacturing, technology, innovation, or unshackling our resources, but primarily on real estate. The province’s economic engine has been re-geared to run on relentless mass immigration, where the core “business plan” is building and selling homes to the next wave of newcomers. This isn’t strategy — it’s a Ponzi scheme. And like every jurisdiction that’s tried it, the house of cards is now beginning to collapse.
@ReliableAB Did you see NERC’s Interregional Transfer Capability Study Canadian Analysis?
Would be great to have additional interties with SK - one by Lloyd, another by Provost / Macklin.
@garquake There's no snow on the ground here today. Lots of folks out in shorts over the weekend.
The video is NE of the YMCA Genesis Centre, and East of Nelson Mandela High School. Doubt the YMCA would operate as a food bank when we have food banks.
@neudorf_ab Great opportunities to strengthen our grid and break down interprovincial trade barriers by building interties with BC and SK. ~50km of line by Dawson Creek would get us a new connection to BC. ~10km of line by Provost would get us a new connection to SK.
@ReliableAB Wonder when we're going to see that range get expanded. And if BC, SK, MB etc show more interest in tie lines to "buy" our zero dollar MW's (and potentially negative $ MW's in the future), and sell us MW's at $999+
@garquake This is the cheap way of 'day lighting'. Essentially letting the pedestrian get further into the intersection while still being protected, and giving drivers a better chance of seeing them.
Would prefer round-abouts.
@ReliableAB With negative pricing we might see interest in more energy storage (private investment).
But think more interties helps us out better - Grand Prairie AB and Dawson BC aren't that far apart (and close to site C). Lloyd seems prime for a DC-DC station.
@Titor2035@annwmac@ReliableAB@ChahalGeorge@ABDanielleSmith When AB can, they sell power to BC to help them save water behind their dams. Hopefully will help with any drought in the summer.
Wish we could do more trade between the western provinces. Always glad to see the benefits for our neighbours and ourselves.