Mike Wen

[Mike Wen @mike_wen]

@BeijingDai @grok is this true J.D. Vance against war in Iran ?

[Mike Wen @mike_wen]

@FoodProfessor The closet "WTF" in Mandarin is just '操'

[Mike Wen @mike_wen]

@Serpicoo3 @HanifBayat You need to add the cost of the loan to your calculations

[Mike Wen @mike_wen]

@StephenPunwasi Highly unlikely. The US sees China as their biggest threat like Japan in 1980s

[Mike Wen @mike_wen]

@MPelletierCIO 14% of net worth in $BABA , 25% in $WFC rest are in low volatility stocks and ETFs

[Mike Wen @mike_wen]

@JimChuong How about renting a $2m home for $4k/month with $4m in investments ?

[Mike Wen @mike_wen]

@HayekAndKeynes @monetarymatters They won't until a few days ago.

Now BC and First Nation leaders are saying to build pipelines.
And new PM will certainly push so.

[Martin Pelletier @MPelletierCIO]

“America First” will be “America Alone.”

[Tablesalt 🇨🇦🇺🇸 @Tablesalt13]

-First order of business - eliminate all inter-provincial barriers

Canada needs a free trade agreement with Canada.

Second order of business? Scrap the 100% tariff on Chinese EVs.

We CANNOT be engaged in trade wars with the two LARGEST economies at the SAME TIME.

[Mike Wen @mike_wen]

@Tablesalt13 Zero tariff for Chinese EV !!!

[Danielle Smith @ABDanielleSmith]

(2/2) To this end, Alberta calls on the federal government and our fellow provinces to immediately commence a national effort to fast track and build oil and gas pipelines to the east and west coasts of Canada, construct multiple LNG terminals on each coast, increase internal refining capacity, unleash the development of critical minerals, lower taxes, reduce red tape, tear down interprovincial trade barriers and re-empower provinces to develop our unique economies without constant federal interference and imposition of anti-resource development laws.

Our province and our nation can overcome the formidable economic challenges ahead. But we can only do so if we start acting like a healthy and functional country that supports every province to export their best resources and products to world markets, thereby achieving their unique potential. By so doing, Canada can become one of the most prosperous and powerful nations on earth. Alberta stands ready to do our part if this true Team Canada approach is taken.

[Andrew Haynes @AndrewJWHaynes]

Trudeau, Carney, Guilbeault (and Butts) don't want Canadians to see this.

NASA has determined CANADA REMOVES MORE CO2 from the Atmosphere than it EMITS.

This is mostly due to Forest preservation by Canada's Provinces.

The Trudeau Liberals do nothing for Canada to get credit for this in international agreements like COP-Paris - and they don't want this known in Canada.

The Carbon Tax is a complete waste for Canadians.

NASA's breakdown of Net CO2 emissions by country is below and here: https://t.co/8Z5gWRV3GN
Scientific paper here - https://t.co/WMxPazFmKW

cc: @PierrePoilievre @gerarddeltell @jasrajshallan @MelissaLantsman @CPC_HQ @ABDanielleSmith @UCPCaucus @BrianJeanAB @PremierScottMoe @sunlorrie @terencecorcoran

[Mike Wen @mike_wen]

@CanadaPoli2 @PierrePoilievre Because businesses are stopping or reducing investments in Canada.

[Pierre Poilievre @PierrePoilievre]

BREAKING: I am announcing today common sense Conservatives will reverse last June’s Liberal tax hike on capital gains—a tax economists agree will kill 400,000 jobs.

This Liberal jobs tax was a bad idea before President Trump’s tariff threat, it is outright insanity now.

AXE THE LIBERAL JOBS TAX: https://t.co/yOQrc8pBLi

[Martin Pelletier @MPelletierCIO]

If you read anything of mine, please read this. My look through on the disfunction in Ottawa and if our country was a company it would have been bankrupted after 10 years under the helm of the Trudeau management team. It’s time for a full corporate restructuring and replacement of management and the board.

[Kim G C Moody @KimGCMoody]

Great article by my friend @MPelletierCIO about the status of Canada:

“During my days as an equity analyst and now as a portfolio manager I am often asked what the most important factors are when investing. I would have to say the answer is the quality of the management team in charge and the environment they are operating in — you can have an Olympic gold medal swimmer, and it won’t make a difference if there are sharks in the pool.

For those looking for some examples, they needn’t look far, as there are some powerful lessons right out of our nation’s capital. Last week’s release of the Fall Economic Statement, which revealed a growing and massive deficit and was preceded by the resignation of the Finance Minister, is a case in point of some serious flaws in the management team currently overseeing this country.

When a company’s chief financial officer resigns it’s a glaring red flag, but imagine how bad it must be when you lose two? That’s essentially what this government has endured with the resignations of Bill Morneau and now Chrystia Freeland.

While it is normal to have ministerial change, more than two thirds of Justin Trudeau’s 2015 cabinet have since been fired, defeated or outright resigned. That represents significant turnover in the senior management team overseeing the country.

At the same time, real GDP per capita has been in a steady decline and now below that of the second quarter of 2018 – that’s six years with zero growth by that measure. And the Canadian dollar has fallen below 70 cents to levels not seen since 1998. This is a time when a steady hand is needed at the economic tiller.

Now, imagine a company borrowing money at such a pace that they doubled their debt over six years and delivered zero growth at little benefit to their shareholders. Well, this is what happened in Ottawa…

It has reached the point where the only way out may be what investors call a full restructuring. This means: getting rid of the entire management team and the board of directors; cutting the…excess…

In our case, this means harvesting our vast resources, and then using the tremendous cash flow and wealth from them to diversify into other areas and building expertise in technology, research and development (R&D), reshoring and global engineering and infrastructure. Once we do this, we might be amazed at the people and capital we will attract.

Change is never easy when you have an entrenched management team, as sometimes it takes a hostile takeover or an outright bankruptcy. Fortunately, we have a term limit that will allow for change by October 2025. We just have to wait and see what remains at that time.

We are all shareholders in this great nation of ours. It’s time we exercise our proxy and start investing for a better future: one that will grow, pay dividends and have a management team working for us and not themselves.”

Totally agree, Martin! Positive change can’t happen soon enough! Wholesale and sweeping changes needed!https://t.co/odK9uTErrL

[Mike Wen @mike_wen]

@ryan_landay @AshleyRindsberg @nytimes Fireplaces don't need electricity

[Marc Nixon @MarcNixon24]

@LucileABarker We did not democraticly elect Jagmeet Singh to prop up this government. To add he currently has 5% of the Canadians votes. How is that a democracy?

[Mike Wen @mike_wen]

@MPelletierCIO CAD was 62 cents USD when I came to Canada in 1999, but cruel Oil was less than $20 and gold < $300 !!!

[Mike Wen @mike_wen]

@SethCL 1. You are talking about a small part of energy stocks that only do exploration.
2. Even for those small companies, you assume no technology advances like Shale
3. Assume no new discoveries