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@StephHughes95
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Quick 🧵 on the Temporary Foreign Worker Program. Traditionally, it was mostly used to find farm workers from abroad. That's still a big aspect of the program. But increasingly, it's used to find low-wage cooks, cleaners and construction workers.
Doug Ford calls Mexico ‘backdoor’ for Chinese goods, proposes Canada-U.S. free trade deal #onpoli #cdnpoli theglobeandmail.com/canada/article…
"Industries with higher tariffs did not have higher productivity — in fact, they had lower productivity. Tariffs did raise the number of US firms in a given sector, but they did so in part by protecting smaller, less productive firms." bloomberg.com/opinion/articl…
Dreadful take. Perceptions matter. See: Inflation expectations.
"It wasn’t the economy," @mtomasky says. "It wasn’t inflation, or anything else. It was how people perceive those things, which points to one overpowering answer" — the right-wing media. newrepublic.com/post/188197/tr…
Heliene Inc., a maker of solar panels in Sault Ste. Marie, got caught up in Trump's first trade war. The message was clear to the company's CEO: “Move our manufacturing to the United States or die.” And that's what they ended up doing. theglobeandmail.com/business/artic…
Think back to a time long, long ago (2017-18), when the Trudeau Liberals renegotiated the North American trade deal, and it was largely the same as the old one.
Trump said he wants to renegotiate the USMCA trade deal. Canada needs a STRONG LEADER to negotiate our economic future with the Americans!
In Canada I'd argue the inflation hole is even worse, because housing costs have hit more income classes Mid-to-high income workers can barely save money renting in suburban places like Mississauga or Pickering
The macroeconomy is strong--high growth, low unemployment, falling inflation--the best of any advanced economy. But there was a reluctance to present/understand how families were still not out of the deep inflation hole. And too much masked by cherrypicking/misleading stats.
Trump will see this and absolutely bully him out of the Fed. Book it.
Powell responds with an emphatic "no" when asked if he would resign if Trump asked him to leave
Companies “have to be ready for chaos and the unpredictable,” said a trade lawyer. “This is very much going to be about America alone. Not only just America First, but America alone.” theglobeandmail.com/business/artic…
BoC's Carolyn Rogers today: "We need to resist the temptation to try to solve the housing affordability challenge by tinkering too much with the mortgage market." bankofcanada.ca/2024/11/canada…
Kamala is "sort of ideologically a protectionist, and he’s just who he is – it’s all sort of a transaction that [Trump] needs to be seen to win." theglobeandmail.com/business/artic…
👀
My latest for @IRPP: I dug through @CitImmCanada data and found “a handful of colleges where 100 per cent of their international students have claimed asylum in recent years”. @MarcMillerVM @JustinTrudeau go toss the bad 🍏, stop blaming intl students. policyoptions.irpp.org/magazines/nove…
Our deep dive into Pierre Poilievre's combative relationship with corporate Canada. Many business leaders are keen to see Trudeau go -- but they're also grappling with what to make of Poilievre's attacks on them and their industries. bloomberg.com/news/articles/…
How Montreal’s fabled nightlife lost its spark theglobeandmail.com/canada/article…
The Cure? Releasing a good album? In 2024? When Robert Smith is 65? Is this real life?
Cooper Flagg, welcome to Toronto.
Raptors in Charlotte tonight vs. Hornets. Will also be without Immanuel Quickley (back bruise); Kelly Olynyk (back), Bruce Brown (knee) and Ja’Kobe Walter (shoulder).
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Who to follow
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Stephanie Hughes
@StephHughes95 -
Brendon Bernard
@BrendonBernard_ -
Scotiabank Economics
@ScotiaEconomics -
Mikal Skuterud
@mikalskuterud -
Armine Yalnizyan
@ArmineYalnizyan -
Kevin Carmichael
@CarmichaelKevin -
David Parkinson
@ParkinsonGlobe -
josh o'kane
@joshokane -
Susan Krashinsky Robertson
@susinsky -
Sean Silcoff
@SeanSilcoff -
Erik Hertzberg
@ErikHertzberg -
Clare O'Hara
@OHaraClare -
Pete Evans
@p_evans -
Tim Kiladze
@timkiladze -
Chris Hannay
@channay
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