Michael Frate 🇨🇦

Husband, Dad, Entrepreneur. Glass of wine a day keeps doctor away.

Mari, Papa, Entrepreneur. Verre de vin quotidien pour tenir les médecins éloignés.

[Michael Frate 🇨🇦 @mfrate1]

Speak in person with someone today. Ideally a stranger. Improves your mood, your life.

https://t.co/n0MfyRW9sq

[Michael Frate 🇨🇦 @mfrate1]

@YannPers @acajacques @ZephirinHermile @ChrystalAshby @barbeau_michel @huardginette @vnpedmbdc Vous et vos enfants, étiez vous Français ou Italiens, arriveraient à exactement la même conclusion en ce qui a trait au besoin de maîtriser l'anglais.

[Michael Frate 🇨🇦 @mfrate1]

@YannPers @acajacques @ZephirinHermile @ChrystalAshby @barbeau_michel @huardginette @vnpedmbdc Je ne sais pas.
Quand j'habitais en Belgique et faisais affaires partout en Europe, l'anglais était essentielle, bien plus que la première langue d'Europe ( l'allemand).

Pres de 400 millions d'anglos sur notre continent....

[Michael Frate 🇨🇦 @mfrate1]

@YannPers @acajacques @ZephirinHermile @ChrystalAshby @barbeau_michel @huardginette @vnpedmbdc Une partie sûrement, est-ce la majorité?
C'est un enjeu majeur à Mtl pour vous? Au QC?
Je me préoccupe bien plus de l'accès au réseau de santé, pénurie profs.

Les commerçants ont un souci du service à la clientèle envers la population anglo ici depuis + de 250 ans. Scandaleux!

[Michael Frate 🇨🇦 @mfrate1]

@Chr155y_333 @ToulasTake Very commendable indeed 🙂

[Michael Frate 🇨🇦 @mfrate1]

@Chr155y_333 @ToulasTake Your optimism is admirable.

[Michael Frate 🇨🇦 @mfrate1]

@acajacques @ZephirinHermile @ChrystalAshby @barbeau_michel @huardginette @vnpedmbdc Votre point?

Si dans une des communautés les plus anglo du QC les parents envoient majoritairement leurs enfants dans des écoles franco, vous croyez qu'ils insistent toujours pour vivre en anglais, comme il y a 40 ou 60ans?

(Je travaille et suis tjrs à Montréal...)

[Michael Frate 🇨🇦 @mfrate1]

@acajacques @ZephirinHermile @ChrystalAshby @barbeau_michel @huardginette @vnpedmbdc J'habite Beaconsfield depuis 20 ans.
3 des écoles les plus fréquentées par les jeunes aujourd'hui sont École St-Remi, Collège Ste-Anne, et Collège Charlemagne. La 4e Beaconsfield High School.
Je ne témoigne donc pas du comportement que vous soulevez.

[Michael Frate 🇨🇦 @mfrate1]

@permmiller @mehdirhasan @mcuban Seems like his math is correct

https://t.co/ZlhHHN870k

[Michael Frate 🇨🇦 @mfrate1]

@acajacques @ZephirinHermile @ChrystalAshby @barbeau_michel @huardginette @vnpedmbdc Autoritaire, effectivement.
Ne me semble pas une position qui pourrait contribuer positivement au vivre-ensemble.

[Michael Frate 🇨🇦 @mfrate1]

@VezoVezir Thanks !

[Michael Frate 🇨🇦 @mfrate1]

@yaseminbidur @Dilekk344 28

[Michael Frate 🇨🇦 @mfrate1]

@JayPBou Faut garder espoir.
Probablement que rendu a 2 billions il découvrira les vertus de la philanthropie.

( Me traiteront-ils de péquiste, maintenant) 🤣

[Michael Frate 🇨🇦 @mfrate1]

@Rookerylaw @TheAkoFiles @Cathy67930621 Same here.
We had hired an au pair, she was an immigrant from Romania waiting for legal status.
The stories she shared... Aristocrats hiring her than not respecting the terms of hours worked or wages owed.

The sadness in her eyes as she told us about the abuse she had suffered.

[Michael Frate 🇨🇦 @mfrate1]

@TheAkoFiles @WoodReporting The dystopia of Brussels' red light district is indeed chilling, to say the least.
But many would argue that sending it all underground would worsen the fate of the women.

[Michael Frate 🇨🇦 @mfrate1]

@TheAkoFiles @Zoumzou71853091 The answer, clearly, is yes. Un spécimen.

[The Rabbit Hole @TheRabbitHole]

Don’t worry about Elon becoming rich with his own money.

Worry about politicians becoming rich with your money.

[Michael Frate 🇨🇦 @mfrate1]

@GaPaleocon Whose coming to invade?

It also appears that you forget or don't realize that we are a British Commonwealth country
Yes, that does in a way validate your statement regarding sovereignty.

[Michael Frate 🇨🇦 @mfrate1]

Tweet of the week.

[Alexander Stahel 🌻 @BurggrabenH]

There are plenty of warning signs

In 2025, Google spent $80 billion on AI CapEx, which it funded mostly from its enormous cash flow plus a bit of debt. In 2026, Google will spend $180 billion to $190 billion on AI CapEx, and that is too much for its cash flow.

There are also stories that Meta and Microsoft will be doing similar transactions soon. This all goes to show that certain non-capital-intensive large software companies have now become capital-intensive hardware companies.

AI capex contributes to GDP growth. All good. However, what has changed in 2026 is that the equity markets is now being asked to fund a significant chunk of this annual investment.

Up until now, private money and free cash flow carried the burden, and the stock market enjoyed the ride. Not anymore.

It's one thing to own AI stocks when the AI companies are footing the bill for the CapEx. It's another story to own these stocks when companies are raising capital from public shareholders and dilute them while valued at AI mania levels.

Another transformative news came from SoftBank. It has a large position in OpenAI that given the most recent valuation, is valued at $60 billion. So it tried to get a loan for $10 billion to refinance some of its $40bn debt wall coming. Against it, it tried to pledge its OpenAI position as collateral.

But it could not get a $10 billion loan, so it reduced its ask to $6 billion. And it can't get that amount either for reasons that are unknown.

What that tells us is that banks are perfectly willing to take SpaceX, OpenAI et al public at insane valuations and a nice fee calculated on that insane valuation, but they are NOT willing to put their own balance sheets on the line for that exact same valuation. After all, insane valuations are for retail investors, not the banks that will take them public.

[Michael Frate 🇨🇦 @mfrate1]

@GrandFendant @ThibaultJF Please do 🙏

[Michael Frate 🇨🇦 @mfrate1]

@rstjac1032 @acajacques Trump n'aurait pas été élu si Biden avait abdiquer au bon moment laissant les Dems procéder avec les primaires normales. Un Josh Shapiro, entre autres, aurait battu Trump.
Le contraire de Carney v. Poilievre.