“Who’s Subsidizing Whom?” I have written a new report for the Centre for Future Work Centre for Future Work (Canada) rebutting Trump’s arguments that the U.S. “subsidizes” Canada through its bilateral trade deficit: centreforfuturework.ca/wp-content/upl…. #cdnecon #cdnpoli #canlab /2

This is a rich mythbuster by Gabe Friedman Gabe Friedman for the Financial Post on what becoming the 51st state would really mean: financialpost.com/news/economy/w…. Borders are not just a 'friction'. They help to ground investment so we can be more than a northern hinterland in NA. #cdnecon

Here's my chat with jayme poisson for CBC News Front Burner on making the case for 🇨🇦 with Trump: cbc.ca/listen/cbc-pod…. His to-and-fro bluster is clearly designed to keep us off-balance. But we should be confident about our value to the US: they need us, too. #cdnecon /2

I will join andrew nichols Nichols on CBC News Channel in a few minutes to discuss the latest threats emanating from Trump, how his tariffs would hurt 🇺🇸 as much as 🇨🇦, and what we can do to be ready. See our Centre for Future Work (Canada) report for more: centreforfuturework.ca/2025/01/12/who… #cdnecon #canlab

The reform of capital gains tax for corporations & individuals with over $250K booked gains in 1 year was a good idea, that ran into bad timing. I tell @radioanis Heydari with CBC News its deferral will make zero difference to investment going forward: cbc.ca/news/business/… /2

FACT CHECK: 1. US bilat def w Cda was $40b in '23, fell ≈10% in '24 (source: US CensusBur) 2. Def w Cda 10th largest of US partners 3. US exps 92¢ to Cda for every $1 they imp (far more balanced than US global trade) 4. 76% US imps from Cda are intermediate goods for US firms /2

This is what economic warfare looks like. More threats. The goalposts keep changing. The chaos continues. A promised pause is broken. Let’s be clear. It is workers who are under attack - both American and Canadian workers. #cdnpoli cbc.ca/news/world/tru…

It's time, yes 👇 ... to both expose this and to question and re-evaluate our reliance. There's so very many jobs needed when we chart our course mostly away from fossil fuels.

Our Centre for Future Work Centre for Future Work (Canada) has released a new report today adding up the huge (& continuing) costs to Canadians of the 2022 spike in oil prices. Check it out, it's part of our new 'False Profits' project: falseprofits.ca/reports. #cdnecon #canlab /2

Who profited from high fossil fuel prices? From 2022–24 oil & gas companies made $151 billion in extra profit, while the avg Canadian household lost $12K due to higher prices for everything, higher interest payments & lost employment income. Get the facts: falseprofits.ca

Affordability is a big issue in this election. But let's be clear about where the problem came from. Higher fossil fuel prices (driven by speculation, not a 'supply shock') were the biggest single cause of the post-COVID surge in inflation. Full report: falseprofits.ca/reports

Crude oil prices are down $14/b (20%) in the last week. Apart from acute embarrassment for Danielle Smith (who called Trump's tariffs last week a "big win for Alberta & Canada"), there's an important lesson to be learned here about how crude oil futures markets work. #cdnecon /2