Alberta’s new independence ad is 🔥🔥
That video didn’t just make the case it closed the deal.
Be honest:
How many people are moving to Alberta after watching that?
CapEx is everything in this market:
The top 20% of S&P 500 tech companies with the highest 12-month CapEx as a % of cash from operations have seen a +45.2% median return in stock prices in 2025.
The next 20% of highest CapEx spenders recorded a +21.5% return during the same period.
In other words, firms making the largest investments are being rewarded most by investors.
The bottom 20% of spenders have seen just a +2.2% increase in stock prices.
Meanwhile, the combined CapEx of Amazon, Meta, Alphabet, and Microsoft reached a record $112 billion in Q3 2025, DOUBLING since Q1 2024.
Investors want more CapEx.
They Designed a System You Can Never Escape
“Every country on Earth is in debt… The entire planet owes $315 trillion… If everyone owes money, who exactly is owed?”
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