Duane Abrahamse

On to the next adventure.

[Heather Exner-Pirot @ExnerPirot]

Another mining FID in Canada
Canadian developer Osisko Gold Group is going ahead with construction of the $841 million Cariboo underground mine in central British Columbia, targeting a first gold pour in early 2029.

[Raoul Pal @RaoulGMI]

The whole economy is essentially running on one giant credit card.

Governments are locked into a debt cycle they cant get out of... nothing ever gets paid back. When the debt comes due they roll it into new debt, and the interest gets paid with more borrowing. One credit card paying off the other.

The only real way out is growth. But you cant grow when your population is shrinking. Fewer working people means less growth, so GDP never rises fast enough to catch up with the debt. 

So how does the bill get paid? Liquidity. Nobody in the system is allowed to default, so the debt is funded by debasing the currency.

This is my Everything Code framework. The debt can't stop, so the debasement can't stop either, and every asset price is downstream of that.

[Eric Nuttall @ericnuttall]

A major milestone worth celebrating...Canadian energy stocks are trading at their highest levels in history!

[@jason @Jason]

So now I’m gonna have to pay 2x for the white honey we sourced from Canada?

Because… Canada is… our enemy?!

Apologies to Canada on behalf of America… we know you’re good people and we value you as our neighbors.

Thanks again for Rush 🥁 and Neil Young 🎸 … and the tasty honey. 🍯

Rock on! 🤘

[Duane Abrahamse @dmabrhmse]

@sarobertson_ Finally something sensible.

[Brydon Parker @parker_brydon]

Canada makes the best outdoor gear in the world 🇨🇦

Canoes → Souris River (Atikokan, ON)
Paddles → Redtail Paddle Co (Hastings, ON)
Outerwear & Gear → MEC (Vancouver, BC)
Flannels → ANIÁN (Victoria, BC)
Winter Boots → Kamik (Montreal, QC)
Leather Boots → Canada West Boots (Winnipeg, MB)
Hats → Tilley (Toronto, ON)
Knives → Grohmann Knives (Pictou, NS)
Coolers → Chilly Moose (Schomberg, ON)

what Canadian outdoor brand did I miss? 🇨🇦

[Macdonald-Laurier Institute @MLInstitute]

“On average, we send about 4.1 million barrels a day to the United States. That's an enormous amount. That's the most that any country has ever sent to another country ever in the history of the world, and we do it every single day,” says @ExnerPirot.

Heather Exner-Pirot, director of energy, natural resources and environment at the MLI, lays out the risks and downside of weaponizing Canada’s energy exports in an interview with the @nationalpost.

Watch interview here⬇️
https://t.co/k5ZXKjgCjX

[Heather Exner-Pirot @ExnerPirot]

I know some of you will be haters. But here is the Liberal Energy Minister in Fort Mac touting the exceptional nature of the Canadian oil sands and none of us 18 months ago would ever have believed this could happen. This is to be applauded.

[Aman @amanobviously]

Canada quietly built its own restaurant giants in North America

1. Cactus Club Cafe
2. Earls Kitchen + Bar
3. JOEY Restaurants
4. Moxies
5. The Keg
6. Browns Socialhouse
7. Jack Astor's
8. Kinton Ramen
9. Tap & Barrel

The wild part? A lot of Canadians don’t even realize these are Canadian brands.

From Vancouver to Toronto, we’ve built restaurant chains that can compete with anybody. 🇨🇦

[Flavio Volpe, C.M. @FlavioVolpe1]

In 2007, 2.25M vehicles were made in 🇨🇦. In 2025, 1.2M, down 47%.

In 2007, 10.75M vehicles were made in 🇺🇸. In 2025, 10.3M, down 4%.

In 2007, 2.1M vehicles were made in 🇲🇽. In 2025, 4.1M, up 95%.

In 2007, 8.9M vehicles were made in 🇨🇳. In 2025, 34.5M, up 387%.

But Canada 🙄

[Tim Houston @TimHoustonNS]

We're into some real foolishness now. It's Lake Ontario, buddy.

[Steve Rattner @SteveRattner]

Excluding the pre-Liberation Day bounce where companies increased imports ahead of expected tariffs, last month registered the worst U.S. trade deficit on record.

More evidence that Trump's blanket tariffs have failed on their own terms.

[Duane Abrahamse @dmabrhmse]

@ExnerPirot I love your thoughtful responses to resource development in Canada. Keep it up. #TeamCanada

[Kevin Mcleod @dockevinmcleod]

Honey. Hey honey.

We have 15,430 beekeepers in Canada. We export about $60 million of honey a year, $40 million of that to the USA. That honey now has a 50% tariff and our farmers are going to have a tough time selling it.

Canada imports a lot of honey, about $73 million of it. Some of it isn’t even real honey (seriously it’s faked with rice and cane syrups eww).

Check the labels. As a country we are spending $73 million on imported honey and looking at loosing $40 million in exported honey to the USA. It’s kinda simple math. Buy Canadian honey.

Little things from many people will make a difference.

[Heather Exner-Pirot @ExnerPirot]

Instead of cutting off neighbouring Americans from energy and raw materials, Ontario and Quebec could buy more western Canadian natural gas instead of importing it from Appalachia.
Canada actually built a 14,000km pipeline to carry AB and BC natural gas to the east in the 1950s. Since 2008, eastern Canada has doubled the amount they import from US producers because it became cheaper with the shale revolution.
The TC Mainline pipeline has more capacity available and could transport more western Canadian gas, but it would raise energy costs out East. Still, a logical place to put our money where our mouth is.

[Heather Exner-Pirot @ExnerPirot]

This tweet from the Japanese Prime Minister went viral yesterday:
“This procurement of crude oil is a concrete success story of cooperation between Japan and Canada in the field of energy security, following LNG and small modular reactors, and it is a matter of great joy; from the perspective of ensuring Japan's energy security, it is also profoundly significant.”

[Justin Wolfers @JustinWolfers]

Seems relevant: Canada is creating jobs at a rate that is roughly 4x that in the United States.

[Morgan Cameron Ross @Morgan_C_Ross]

“This is one of the greatest moments for overseas investment in Canada that we’ve seen in a century.. the short answer is that money is pouring into Canada like we’ve not seen.. and from everywhere.” - Bloomberg Editor-In Chief, Matt Winkler

[CTV News Calgary @CTVCalgary]

New poll finds majority of Albertans want to remain in Canada https://t.co/P6BtG9yxC6

[Mike Alfred @mikealfred]

Signs of liquidity moving out on the risk curve. Ethereum very quietly beginning to outperform Bitcoin. New meme coins from influencers like Ansem and Jason Williams up significantly in the last month. The BTC mid cycle correction is likely over. Valhalla is still ahead. Bullish.