Ugh. This looks like they are preparing a round of cutesy tariffs on Kentucky bourbon and Wisconsin Harleys. That is too indirect and too cute. Need bigger threats. The incoming WH is aiming a bazooka at our heads and we are going to threaten ping pong balls aimed at pinky toes.
Steven Chase@stevenchase.bsky.social · 2y agoOttawa mulls early release of U.S. targets for retaliatory tariffs www.theglobeandmail.com/politics/art...
Belatedly sharing my road trip into Canada's electric vehicle rebate data, which suggest Tesla lost ground among battery EV buyers last year as Elon Musk went full-MAGA. That fits with what former and prospective Tesla owners are saying about their desire to distance themselves from the CEO.
Some Canadian EV buyers sour on Tesla after Elon Musk’s pivot to the right
A brand that was once cherished by the environmental left for bringing EVs to the mainstream is now far less palatable for that crowd owing to Musk’s politics
theglobeandmail.com
Tonight, we veer off the Road to the Top 40 and merge with The Tragically Hip Top 40 Countdown. Join Kirk Lane, Dean Rainey, and Sara Jachimiak as they break down songs 169-41 and make some bold predictions on the Top 40! www.youtube.com/live/re5zvw3...
Pow! Right in the feels: “We often do surgeries on hearts the size of a grape. And it takes a huge, experienced team sometimes 10 hours,” she says. “But we don’t get different compensation because it’s ‘heart surgery.’ One size fits all.”
The Globe and Mail@theglobeandmail.com · 2y ago
A clever nod from Statscan, emphasis mine: "On a monthly basis, prices for traveller accommodation in Ontario were up 11.0%, the **swiftest** monthly increase ever recorded for the month of November, coinciding with a series of high-profile concerts."
“She made a lot of bad policies less worse"
As Freeland calls for fiscal prudence, critics point to sizable deficits on her watch
Chrystia Freeland’s professed adherence to fiscal discipline clashes starkly with her record of high levels of spending as federal deficit hits $61.9-billion
theglobeandmail.com
working with some trade data right now and I love when the people making up the categories obviously ran out of ideas and went "uhhh just kinda throw everything else in here" which is how you end up with HS Code 8537 containing vape pens, airplane black boxes, and particle accelerator displays
The arc of history bends back into an iron lung.
The New York Times@nytimes.com · 2y agoThe lawyer helping Robert F. Kennedy Jr. pick federal health officials for the incoming Trump administration has petitioned the government to revoke its approval of the polio vaccine, which for decades has protected millions of people from a virus that can cause paralysis or death.
"The decision, however, could be complicated by the weakness of the Canadian dollar. Another large cut would put more distance between Canadian and American interest rates, likely sending the loonie lower against the greenback and pushing up import prices."
Live updates: Bank of Canada expected to deliver another oversized interest-rate cut today
Financial markets and most Bay Street analysts are looking for another 50-basis-point cut, which would take the policy rate to 3.25 per cent from 3.75 per cent
theglobeandmail.com
Some much-needed perspective from @jasonkirby.bsky.social on Canada’s rollicking — yes! rollicking! — stock market. www.theglobeandmail.com/business/art...
Despite Trump’s tariff threats, the TSX is beating the world
The benchmark S&P/TSX Composite Index has risen more than 14 per cent, leaving many global markets in the dust
theglobeandmail.com
1/ I agree with this. Yes, blanket Trump tariffs are likely to drive up prices for consumers, hurt US manufacturers, invite retaliation and if applied in North America disrupt well established NAFTA/USMCA supply chains. But it may not be universally obvious, and Trump will have mitigation options.
Alexander Clarkson@aphclarkson.bsky.social · 2y agoTelling Mexican and Canadian governments to sit back and hope that the trade gods make it all OK when faced with Trump tariffs says more about a quasi-theological belief in the power of free trade than any serious appraisal of the current state of Canadian, Mexican or US politics
Remember when "Ferris Bueller's Day Off" tried to teach us about tariffs and no one was paying attention
Here are three things we should *not* do. Don't do #1: Immediately run to Washington, 'negotiate' (ie concede and capitulate), and kiss the ring. Today's listed demands don't make sense. If we concede to these, there'll be more. That path destroys your dignity *and* is ineffective. A bad pairing.
Remember new users are coming on daily, unsure of engagement. The more posts you like and reply to, the strong the platform becomes !
In ditching that other place and moving here I know I'll be disappointing all my recent followers there. I made a collage of their totally real profile pics before I left. Clearly, I was popular with the Asian-Women-Facing-Away-From-The-Camera crowd.
Liberals in 2005: "Don't give people 25 bucks a week to blow on beer and popcorn." Liberals in 2024: “Here’s a tax break on beer and popcorn. Also, here’s another $250 to blow on beer and popcorn.”
‘Not good for tax policy’: Economists question rationale of Liberals’ new stimulus package
Coming in at around 0.2 per cent of gross domestic product, Ottawa’s package will ripple through the economy – but it’s hardly a game-changer
theglobeandmail.com
Statistics Canada reported today the new housing price index decreased 0.4% in October when compared to September and 0.2% when compared to October 2023. It was the largest month-to-month drop since April 2009. #cdnecon
Among the many fun things I learned in this delightful @jasonkirby.bsky.social piece: “numismatics” is the study and collection of coins/currency (!) Definitely worthy of my first-ever post on this platform www.theglobeandmail.com/business/art...
TD Bank’s venture into the peculiar world of alien gold coins and other precious metal collectibles
The online store of TD Precious Metals has quietly become one of the largest purveyors of gold and silver items in Canada’s retail market, introducing custom-themed items that go beyond the traditiona...
theglobeandmail.com
