Remarkable statistic:
Prior to Western Michigan, college football teams were 110,352 - 0 when leading after the end of regulation, dating back to 1869.
The "Free Ride" Runs on Canadian Energy
1 - Retaliation: Canada applied legal countermeasures authorized under international trade rules in direct response to unilateral US tariffs. Initiating tariffs triggers reciprocal action under standard trade law.
2 - Auto Tariffs: The 25% tariff on US vehicles matches the 25% tariff the US placed on Canadian automotive exports in April 2025. It is an identical reciprocal rate.
3 - Alcohol: Provincial liquor boards restricted American alcohol exclusively in response to unilateral US tariffs. Other countries face zero restrictions because they are not waging an unprovoked trade war against their closest allies.
4 - Dairy: High over-quota dairy tariffs are the foundation of Canada’s supply management system. Donald Trump negotiated, signed, and approved this exact framework in the 2020 USMCA. The rules remain identical to what was agreed upon in his first term.
5 - Trade Deficit: The goods deficit reflects US reliance on Canadian power to fuel domestic industry. Canada supplies roughly 63% of US crude oil imports, 99% of natural gas imports, and 81% of electricity imports.
6 - Gulfstream Certification: Transport Canada follows standard airworthiness protocols. Aircraft certification requires technical cold-weather validation, including fuel icing data. Gulfstream received approval once safety benchmarks were met, under the same criteria applied to Bombardier and European manufacturers.
7 - Supply Chain Impact: North American supply chains are deeply integrated. Auto parts cross the border up to 8 times before final vehicle assembly. Tariffs on intermediate components create a compounding tax on US assembly plants. Federal Reserve research confirms near 100% tariff pass-through to end prices, shifting the cost directly onto American consumers.
8 - Economic Interdependence: US energy refineries, manufacturing lines, and power grids rely daily on Canadian raw materials and electricity. Severing these flows creates acute domestic cost pressure in the US.
9 - Manufacturing Shifts: Tariff uncertainty disrupts investment on both sides of the border, damaging broader North American industrial competitiveness against Asian and European markets. Btw, Canada reached a record $1.6 trillion in total Foreign Direct Investment stock in 2025 and secured the highest FDI inflows per capita in the entire G7
10 - Tariff Schedules: Canada’s $27.6 billion tariff package, including 50% on steel and 25% on fish, applies dollar-for-dollar matching rates to the newest round of US tariffs.
11 - Leverage: Leveraging market size against an integrated economic partner raises domestic production costs. As the Wall Street Journal Editorial Board noted when labeling this escalation "The Dumbest Trade War Revisited," trade barriers between integrated allies penalize domestic workers and raise consumer prices.
Sources on comments...
The sheer number of lies from President Trump about Canada – growing again today – is remarkable. Just some fact checks from the last 18 months:
- Trump falsely said today that Canada's unemployment rate is "10% and rapidly rising,” though it is 6.4% (under the Canadian method that adds about a percentage point) and has been declining for three months
- Trump falsely said today that Canada does 95% of its business with the US, though 72% of Canadian exports went to the US last year
- Trump falsely said today that high Canadian agricultural tariffs have caused the entire US trade deficit with Canada, though that deficit is overwhelmingly caused by US imports of cheap Canadian crude and though something like 97% of US ag exports to Canada are tariff-free
- Trump has falsely said Canada generally doesn’t “take” US agricultural exports, though Canada is the world’s second-biggest buyer of those exports
- Trump has falsely said the Canadian public likes the idea of becoming the 51st state, which the Canadian public overwhelmingly opposes
- Trump has falsely said Canada is one of the world’s highest-tariff countries, though it is actually low in WTO global rankings
- Trump has falsely said Canada essentially doesn't have a military, though its military has fought with the US in multiple wars and its force size ranks in the upper half of NATO
- Trump has falsely said Canada hiked its dairy tariffs during the Biden administration, though they hadn’t changed since Trump’s first presidency
- Trump has falsely said the US trade deficit with Canada is “$200 billion,” though it is nowhere close
- Trump has falsely said Canada prohibits US banks, though it doesn't and though more than a dozen US banks were operating in Canada at the time he spoke
- Trump has falsely said Canada is “constantly surrounded” by Chinese and Russian ships, though that is fiction
- Trump has falsely said then-outgoing PM Trudeau was using their trade battle to run again for prime minister, though Trudeau obviously wasn’t running
ELI5: Moderna made a cancer vaccine that is custom for every person.
Doctors read the DNA of your tumor, find what makes it unique, then make an mRNA shot that teaches your immune system, “Attack cells that look like this.”
They combine it with Keytruda, a drug that helps stop cancer from hiding from your immune system.
It just succeeded in a Phase 3 melanoma trial.
Not a cure for all cancer. But a pretty huge idea if it works for other cancers too.
The Czech defense company CSG, which has invested in Canadian defense firm North Vector Dynamics (NVD), plans to supply Ukraine with NVD’s CM-70 interceptors
https://t.co/TmASAQ7Nzo
Some of you have asked me "Why are you moving back to Canada, tell me what I dont see...".
As I have said before on @BetaKit, I think we are telling ourselves the wrong story about Canada. The prevailing narrative is that Canada doesn't build anymore. That capital and talent leave. That we're too dependent on the United States.
The data is telling a different story.
Canada created more than 100,000 jobs in May and June. We're creating jobs at twice the U.S. rate. We lead the G7 in foreign direct investment per capita. Business investment in machinery and equipment grew 10% (annualized).
And we're beginning to sell somewhere other than south. Excluding gold, non-U.S. exports are running roughly $50 billion (or 32%) above pre-tariff levels. There are now 26 nation-building initiatives representing nearly $200 billion in investment and more than 337,000 jobs.
The TSX gained nearly 30% last year versus half of that on the S&P 500. Corporate profits are growing. Canadian companies attracted $1b across 100 venture deals in Q1 2026, with the average deal size up 6%.
And we're doing it intelligently: Canada has the lowest net debt-to-GDP in the G7, the second-lowest deficit, the lowest long-term interest rates and AAA ratings from S&P and Moody's.
Clearly, this is a different story.
For the first time in a long time, Canada is starting to bet on itself again. And increasingly, growth is coming from the things we actually want it to come from: private investment, exports, productivity and innovation, not simply population growth and government spending.
But this only really works if the next bet is on the people building the next generation of Canadian companies.
@DominionDynamic is one example. In barely a year, we've raised C$169 million, including the second largest defence Series A in history (globally). We're on track to roughly triple our workforce (we are hiring more people faster than all but two companies on LinkedIn -- globally). Ottawa is to communications what Silicon Valley is to software, or what Tel Aviv is to cyber.
There are founders across Canada doing incredible things. @Wealthsimple@Waabi_ai@cohere@NV_Dynamics@neofinancial@1Password@XanaduAI@turbopuffer@Tailscale Companies that raise here, hire here, own their IP here and build here.
That, to me, is what betting on ourselves actually means. Not protectionism. Not pretending the rest of the world doesn't exist. Quite the opposite.
Build Canadian companies that are good enough to win everywhere. Then make sure Canada is willing to be their first believer, their first customer and the place they want to keep building. Be our best customer. Again. And again. And again.
We have spent a lot of time talking about everything Canada can't do. Lets spend some time thinking about what we actually have done and what we will do.
We will win.
In some good news for Canada, according to analysis by the founding editor of Bloomberg News, Canada is punching above its weight.
-It's attracting foreign capital at a pace rarely seen. Overseas investors poured C$256 billion into Canadian stocks and bonds in the 12 months ending May 31, making it one of the strongest inflows since records began in 1990.
-Foreign companies also spent more than C$44 billion acquiring Canadian assets in the second quarter, the largest wave of inbound investment since 2007.
-Canada also has the most significant decline in core inflation rates compared to the US and the EU.
https://t.co/dPEWLv9INy
just met a cute girl at this wedding i’m at
like actually cute. objectively dangerous face card.
we’re talking. vibes are immaculate. she’s laughing at my jokes. i’m in my bag.
then sports get brought up, she says it
“i watch football”
my ears PERKED up
i played it cool. i said “oh nice, what’s your team”
she said “i’m a giants fan”
and that’s where a normal person would’ve said “cool, me too” and gotten her number
but i am not a normal person
my brain instantly went into terminal mode and i said “what do you think of the team?”
she looked confused
i kept going
“Darius Slayton as our WR2? Are you kidding me. Matt Nagy as our OC? Did you see what he did to Patrick Mahomes? Our franchise qb and franchise edge rusher hate each other. And we traded away our superstar DT”
she laughed nervously and said “what”
and i said “And don’t even get me started on Cam Skattebo basically trying to get himself injured”
she said “what”
and i said “so do you even follow the team”
she said “I literally have a Darius Slayton Jersey”
the vibe was GONE
just vanished. Just like Daniel Jones in primetime.
her friend pulled her away. she didn’t look back.
i was standing there alone at a wedding holding a drink i wasn’t even sipping, doing MENTAL MATH on how someone could claim to be a giants fan and think this Darius Slayton deserved that contract.
my cousin walked over and said “bro she looked into you what happened”
i said “she’s a casual”
he said “so?”
SO???
i then realized i would rather cut off my entire family than to share a bloodline with someone of the same species that couldn’t comprehend this
she had a pretty face but a DISGUSTING perspective on life that i just couldn’t get behind
could’ve had her number
she could’ve been the mother of my children
COULD’VE.
but now at least she knows i know ball
and honestly that’s worth more