Some in the Canadian media, a few members of parliament, and many on Twitter seem not to bother reading the excellent and FREE research on the Canadian economy that is readily available.
As a result, it makes for poor discussions about how screwed we are, how we got here (hint: it's not tariffs), and what, if anything, we can do to get out of it.
So in an effort to improve this, here's a list of resources that I rely on every day. I encourage you to share one that you like below.
National Bank (my personal favourite)
https://t.co/4xHIbWFTQa
TD Economics
https://t.co/cnCfkxV8pI
RBC Economics
https://t.co/oTyledMFW3
Bank of Canada: Monetary Policy Report https://t.co/LC5Z4LjRGF
Bank of Canada: Staff Papers (boring but important)
https://t.co/E78Yi5zPBQ
CREA
https://t.co/3zJbg1rLVg
Stats Canada
https://t.co/c6iVdT7h44
S&P Global PMI
https://t.co/1WmiFkZLUb
Yardeni (more market stuff)
https://t.co/gtjhlcu4lR
Carney’s Right Direction
My contentious view is that PM Mark Carney understands what must be done. The pace may not satisfy everyone, and it is slower than many Canadians would prefer, but the direction is right.
In a more volatile world, Canada’s economic sovereignty will depend on building out the assets that give us a durable competitive advantage: abundant energy, critical minerals, water and the infrastructure to bring them to market.
The Churchill Falls and Gull Island projects, alongside the Labrador Trough corridor, are a meaningful step forward. They connect major new clean-power capacity with world-class iron ore, graphite, mining, transmission, rail, and port infrastructure, supporting investment, high-paying jobs, and a more resilient industrial base.
Canada should treat its resource wealth not as a liability to manage, but as a strategic advantage to develop. Hopefully, this is the first of many such deals: cooperative federalism that advances energy abundance, faster project development, and greater economic independence.
@Martyupnorth Everyone one i know in NS has air conditioning. Every house is built with that now.
My parents are from the 'old school' and they have air con now.
@MPelletierCIO We are very afraid of success in Canada.
We need to build and grow to flourish.
Meta data centre
New power generation
Construction and Operational Jobs
Taxes paid
The Government regulates.
No dumping water make them use a closed loop system.
@RichardDias_CFA@avilewis Unfortunately this is the only option, that taxpayers need to lead this build. Our governments from all levels have destroyed our ability to grow and prosper with onerous identity politics and special interests.
The Prime Minister Announcees His Government Will START To Remove Red Tape & Speed Up Approvals of Energy & Resources Projects
WTF!?! That was the Announcement one year AGO
That's what the Major Projects Office was created TO DO
Why are we pressing RESTART now?
What happened?
@FoodProfessor@JentheWoz@grok The left side of the political spectrum has gone to the extreme left side. The right side has stayed in the same position...this is the divide.
Policies of extreme spending (inflation) has crushed the lower leg of the K-economy.
We are headed toward Argentina. 30 y ago
@MarkJCarney@KodyBloisNS Would it be prudent to have the @FoodProfessor in an advisory role in trade relations with the US?
Agri-food represents are substantial portion of our economy and experts are needed.
@ronmortgageguy@IcyPhenom Lol. Luxembourg is not even a real country. The 'elbows up' crowd are delusional. Good to get trade deals with other people. But if we don't figure how to work with the US, we could trade with every country in the world and we would be fucked. The US is the consumer of the world.
@FoodProfessor@Hedgeye had spoke about the K-shaped economy in 2021. We are well down that road. A direct correlation to government policy of inflation.
@rupasubramanya@Lagarde@MarkJCarney Let's not put the cart in front of the horse. So far, 1 year, nothing has been accomplished other than talking and planning. Hopefully by year 3 or 4 we start seeing a meaningful improvement. But to climb out of this hole we are in, created by the same party...Will take time. 🙏
@globeandmail If the Federal Government was not actively working against small business owners, tax code, income tax, expenses, and a myriad of bureaucratic hurdles, more young people would go into a trade and run a small business.