Fred Banting invents Insulin in Toronto in 1921, meets with George Clowes of Eli Lily and they "reach an agreement" to scale the production of Insulin.... All that value gets captured south of the border. A few nice bets/decades later, LLY now worth $880B...

One of the reasons Canada is facing a "Productivity Emergency" (BOC's words) is because of a lack of business investment and the decline in capital intensity. Aka: Capital Shallowing/Dilution or when the capital per worker decreases. This wasn't always the case. 🧵

Big gov doesn’t move the needle!! Need business friendly policies to attract $$ and fix this Pierre Poilievre

Yep…

Following up on my tweet about Canada 2010. We can get there again, but we need to refresh the way we think to succeed. In an era where skepticism toward capitalism has grown more pronounced, it is vital to reaffirm the essential role that ambition, innovation, and

Yes!! Global capital isn’t constrained it just moves down the path of least resistance. Lower regs and taxes and gov can spend less which fixes the budget. Just do less!! Liberal Party Conservative Party

Love the endorsement but that’s not the right takeaway. Shopify story is public, and very well documented, corporate Canada already gets it. OTTAWA needs to learn from them. Pierre Poilievre

Remember when the Irish used to flee to Canada to escape poverty and starvation? Now, Ireland’s per-person GDP is double ours—twice as rich as Canada, despite having none of our natural resources. They have a $34B (CAD) budget surplus, reduced poverty and inequality, and have

One of the cultural traits that breeds success in America vs. Asia/Rest of World is how they reward entrepreneurial behaviour much more so than academic.

Yes bc the quality of the largest businesses has never been better.

Yes pls, Pierre Poilievre we know you're good at memes. Now we need a plan...

FCF margins of the 10 largest US stocks over the last 70 years.

Great pod on gas/power convergence podcasts.apple.com/ca/podcast/mor… Jamie Heard LNG QE 🇨🇦 Trevor Rose Razor Oil Michael Spyker

my favourite podcast recently

I need a Netflix quarterback series for the nhl featuring mcdavid

Tune in an hour to discuss the future of Canadian E&P with Adam Waterous and Andrew Gillick enverus.com/webinars/adam-…

podcasts.apple.com/us/podcast/mor…

I just can’t help myself but reshare this clip from one year ago when then Canadian Minister of Energy Jonathan Wilkinson, drawing on that 2024 BP scenario, said global oil demand was likely to peak last year.

Honest question: how does the tanker ban secure billions in shovel ready projects? Which ones need a ban to move forward?

The new Geopolitical Cousins has dropped! podcasts.apple.com/us/podcast/mar…