Today is election day! 🇨🇦 If you live in Taiaiako'n—Parkdale—High Park, I strongly recommend voting for my friend and colleague, Karim Bardeesy, who will be a fantastic MP and is the type of person we need up in Ottawa right now. But, most importantly, please come out to vote!

Canada’s Election Challenges Trump’s Theory of Trade War wsj.com/economy/trade/… via The Wall Street Journal

TD Economics - U.S. Cuts Its First Trade Deal With UK – More Symbolic than Economic economics.td.com/us-uk-trade-de… via @TD_Economics

Fascinating piece from Yoshua Bengio on an alternate (and safer) path for developing “superhuman” AI. time.com/7283507/safer-…

On cabinet tomorrow, the PMO confirms there will be less than 30 cabinet ministers sworn in but there will also be up to 10 secretaries of state named, who will work under senior minister with big portfolios. 50% of the people coming to Rideau Hall will be new faces #cdnpoli

Wow. Using an LLM-powered engine to make breakthroughs in generic algorithm creation & optimization. deepmind.google/discover/blog/…

This is wild: We accidentally caused a strain of the flu to go extinct during COVID.

Amazing

Q: Why are Americans facing a $4 trillion tax hike? A: Because the 2017 tax law temporarily cut their taxes and those cuts are about to expire. Q: Why did the 2017 law temporarily cut taxes? A: It sunset the tax cuts to reduce the JCT score of the bill. Q: Ahh, so it used a

1. Trump's tax cuts overwhelmingly help the rich 2. His spending cuts are targeted at the poor 3. Tariffs cost the poor a larger share of their income Roll these three regressive policies together and you get the largest redistribution from poor to rich in American history.

Someone at Novo Nordisk failed to pay a $450 maintenance fee, which would have kept its patent on Ozempic in force for another two years... A very expensive mistake!

The Waterloo Thesis Waterloo is already Canada’s builder engine. The advantage isn’t just talent, it’s the system that produces it, and the density it creates. The University of Waterloo’s 3-term co-op grind is a uniquely Waterloo experience: - Real work experience every year

Three distinct parts to CBO's dynamic score: 1) The economy would be larger, increasing revenues by $124 billion 2) Inflation would be higher, increasing non-interest outlays by $39 billion 3) Interest rates would be higher, increasing interest payments by $441 billion

The race for LLM "cognitive core" - a few billion param model that maximally sacrifices encyclopedic knowledge for capability. It lives always-on and by default on every computer as the kernel of LLM personal computing. Its features are slowly crystalizing: - Natively multimodal

Great article by Adam Radwanski that is ostensibly about Michael Sabia, but is really about the case for broader public sector reform. We need a serious effort to renew our state capacity if we truly want to get things done in Canada. theglobeandmail.com/business/artic…