Bruce Gottfred

Stay-at-home father, electrical engineer, former federal candidate, Bitcoin enthusiast, and grumpy optimist.

[Bruce Gottfred @bgottfred]

Early tomorrow, I'll start driving to Texas to watch the V3 Starship take off this Friday. I'm not really planning my route, just gonna play it loose. I'll be posting lots of photos of the drive so stay tuned.

BTW, this rocket is 30 meters taller than the Peace Tower.

[Bruce Gottfred @bgottfred]

@terrynewman Are they placed too high?

[Bruce Gottfred @bgottfred]

@unusual_whales Is this just everyone getting liquidity for SpaceX?

[Bruce Gottfred @bgottfred]

@MarkJCarney It's a bribe with other people's money. This is so stupid I don't know where to start.

[Richard Dias @RichardDias_CFA]

Imagine seeing this data and thinking; let’s increase the industrial carbon tax.

Our country is run by deeply unserious people. 🙄

[Bruce Gottfred @bgottfred]

@horrormuseum Why is "Hell No!" Not an option?

[Bruce Gottfred @bgottfred]

@terrynewman I was at my daughter's graduation on June 1. I was ashamed to see what my old school has become. As the parents were arriving, inside the Field House people who appeared to be handing out programs were in fact handing out anti-Israel propaganda.

[Bruce Gottfred @bgottfred]

@Grummz Yeah, no thanks. They can experiment with this but please give me a tool that lets me mute all these tedious talking heads.

[Leviathan @l3v1at4an]

Announcing Omar Alghabra on a committee to fight antisemitism at a synagogue is an absolute gaslight to Jewish Canadians.

It’s almost as if Mark Carney is trolling Jews & kicking them while they are down.

[Bruce Gottfred @bgottfred]

@cselley

[Bruce Gottfred @bgottfred]

@IMAO_ It came out when I was in grade school, and I never saw and still haven't.

But I remember it's impact. Kids quoted lines from it like, "Who cut the cheese?"

It was memeable before the word existed.

[Bruce Gottfred @bgottfred]

At Larry's in Montreal. It's a cool restaurant where cool people go.

[Bruce Gottfred @bgottfred]

@ianmSC Why write a book when a tweet will do?
https://t.co/jZGzIbnHQK

[Chris Gore @ThatChrisGore]

@Variety Disney turning Star Wars (and Marvel) from a boy brand into a girl brand will prove to be the costliest decision in movie history. #MakeMarvelMaleAgain

[Bruce Gottfred @bgottfred]

@RobSchneider It's pretty clear there was some behind-the-scenes persuading that went on that so many cancelled. I wonder if we'll ever find out what happened.

[Bruce Gottfred @bgottfred]

@terrynewman I've long dreamed of such a thing. I would like a nested list of ministries that you could click on that would give categories of spending within that you could click on to give further breakdowns recursively. Citizens knowing what their gov't is doing is very important.

[SightBringer @_The_Prophet__]

⚡️Canada is a rich-country warning flare.

The country did not suddenly break.

It spent years converting future capacity into present comfort through housing, leverage, population growth, and state-managed consumption.

Now the bill is showing up.

Canada has enormous natural advantages: land, energy, minerals, water, agriculture, institutional stability, proximity to the U.S., educated labor, and strategic geography.

A country with that asset base should be one of the great productive powers of the 21st century. Instead, much of the national growth model became a loop of importing people, inflating housing, expanding household debt, taxing/redistributing around the pressure, and calling the aggregate number progress.

That model creates GDP, but it does not necessarily create prosperity.

The core sickness is per-capita stagnation hidden by headline scale. A country can grow on paper while the median person feels poorer, more crowded, more indebted, less housed, and less hopeful. That is Canada’s fracture. The macro story and the lived story diverged for too long.

Housing became the false god. It absorbed savings, distorted politics, rewarded incumbents, punished young families, and redirected capital away from productive enterprise. When a country’s main wealth engine is bidding up shelter, it eventually starts consuming its own future. Young people lose formation. Families delay. Businesses struggle. Talent leaves. Politics curdles.

The recession print is the surface crack. The deeper fracture is that Canada’s old growth engine has stopped producing legitimacy.

Tariffs and weak jobs matter, but they are accelerants. The deeper problem is strategic drift. Canada did not build enough future-facing industrial strength relative to its potential. Energy could have been a sovereign superpower. Minerals could have been a strategic weapon. AI power infrastructure could be a national moonshot. Instead, the country over-indexed toward housing, bureaucracy, compliance, redistribution, and moral-managerial politics.

The U.S. has plenty of dysfunction, but it still creates monsters: Nvidia, OpenAI, SpaceX, Palantir, Anduril, hyperscalers, shale, venture capital networks, deep markets. Canada produces capable people and then often loses them into stronger systems. That is the brutal asymmetry.

The policy path ahead probably becomes rate cuts, fiscal support, more housing intervention, immigration recalibration, and attempts to cushion households. Some of that may stabilize the surface. It will not fix the core unless Canada shifts from asset inflation toward productive power.

The real question is whether Canada chooses productivity or keeps protecting the old model.

Productivity means energy development, industrial strategy, permitting reform, housing supply, capital formation, defense/AI/minerals infrastructure, and a political culture that rewards building. The current model means more debt, more transfers, more housing distortion, more young-person despair, and more dependence on U.S. demand.

Final compression:

Canada is not poor.

Canada is misallocated.

The recession is the signal that the housing-population-debt model has reached exhaustion.

A country with immense real assets forgot to build enough real power.

[Bruce Gottfred @bgottfred]

@TheRealKeean I got one on Monday. Maybe I can show up late.

[Melanie In Saskatchewan @saskatchewan_in]

There’s a massive difference between "diversifying relationships" and walking into your largest trading relationship like a drunk uncle at Thanksgiving with a jerry can and a flamethrower.

Nobody said Canada shouldn’t diversify. The point is Carney sold himself as the calm, competent "adult in the room" uniquely equipped to handle Trump and protect the Canada US relationship. Then almost immediately pivoted into publicly antagonistic posturing while economically trying to drag Canada toward a more European aligned model Canadians were never actually asked to vote on.

And that was the entire point of the original post about hypocrisy, which somehow flew directly over your head at low altitude. Carney now lectures Albertans that they "didn’t vote" for a referendum question while conveniently ignoring that Canadians themselves never voted for a Liberal majority government, never voted for dismantling our primary economic relationship with the United States, never voted for deeper attachment to European carbon market structures, and never voted for half the ideological pivot now unfolding in Ottawa under the banner of "well technically…" political reinterpretation after the election.

That isn’t "diversification."
That’s setting fire to your biggest customer while loudly announcing you’ll simply "find new markets" as if international trade relationships are Tinder dates.

And the fact you can’t grasp the distinction is precisely why this conversation keeps going over the heads of partisan loyalists.

[Bruce Gottfred @bgottfred]

@jonkay She doesn't want to hear your truth.

[Bruce Gottfred @bgottfred]

@GadSaad @mcgillu Mine too. We used to donate but never will again.

[The Food Professor @FoodProfessor]

Steven Guilbeault is leaving federal politics, and not a moment too soon.

He may go down as one of the ministers who most aggressively weaponized science, funding questionable research groups like the Canadian Climate Institute and other pet projects to reinforce a single “climate crisis” narrative.

Anyone claiming Guilbeault truly believed in science is fooling themselves. He treated science like a buffet — picking only what supported his agenda. That’s not science.

He even misquoted me in the House of Commons, attributing claims to me that I have never said or published. That alone tells you everything you need to know about how evidence and dissent were handled under his watch.

Good riddance.