#cdnecon — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #cdnecon, aggregated by home.social.
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What a waste of time and effort.
Stop trying to negotiate with #Trumpistan.
Donald Trump's word and Donald Trump's signature mean nothing.
https://www.cbc.ca/news/politics/dominic-leblanc-greer-washington-meeting-three-9.7302809 #cdnpoli #polcan #cdnecon #USBS #anustangerinus #trumplicanism #trumplicans
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What a waste of time and effort.
Stop trying to negotiate with #Trumpistan.
Donald Trump's word and Donald Trump's signature mean nothing.
https://www.cbc.ca/news/politics/dominic-leblanc-greer-washington-meeting-three-9.7302809 #cdnpoli #polcan #cdnecon #USBS #anustangerinus #trumplicanism #trumplicans
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Canada will lose these jobs if #CUSMA lives, or dies.
#Trumpistan is an unreliable country, #Trumplicanism is shitty policy after shitty policy, #Trumplicans negotiate in bad faith, and Donald Trump's signature is worthless.
https://www.ctvnews.ca/business/article/canada-could-lose-more-than-100k-jobs-if-cusma-dies-report/ #cdnpoli #polcan #cdnecon #USBS #anustangerinus -
Canada will lose these jobs if #CUSMA lives, or dies.
#Trumpistan is an unreliable country, #Trumplicanism is shitty policy after shitty policy, #Trumplicans negotiate in bad faith, and Donald Trump's signature is worthless.
https://www.ctvnews.ca/business/article/canada-could-lose-more-than-100k-jobs-if-cusma-dies-report/ #cdnpoli #polcan #cdnecon #USBS #anustangerinus -
1 CIBC: Brisk hiring in July saw the #unemploymentrate tick lower again in #Canada, despite a slight improvement in #labourforce participation. The 75K increase in #employment was well above consensus forecasts (20K), with the unemployment rate of 6.4% the lowest in 2 years. 🧵
#cdnecon #LFS -
#StatsCan: #Employment increased by 75,000 (+0.4%) in July and the #employmentrate rose 0.1 percentage points to 60.9%. The #unemploymentrate declined 0.1 percentage points to 6.4%.
#jobs #jobsdata #LFS #cdnecon -
I wonder how much money the company got from the federal government, in addition to the $10M+ Québec investment?
According to the creditor filing, Goodfood sold its investments in an "exchange-traded fund indexed to the performance of #Bitcoin..." 🤦♀️
How #Goodfood went from a $1B #pandemic darling to a three-cent stock... https://montrealgazette.com/news/how-goodfood-went-from-a-1-billion-pandemic-darling-to-a-three-cent-stock/ #cdnpoli #cdnecon #polQC #QCpoli
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I wonder how much money the company got from the federal government, in addition to the $10M+ Québec investment?
According to the creditor filing, Goodfood sold its investments in an "exchange-traded fund indexed to the performance of #Bitcoin..." 🤦♀️
How #Goodfood went from a $1B #pandemic darling to a three-cent stock... https://montrealgazette.com/news/how-goodfood-went-from-a-1-billion-pandemic-darling-to-a-three-cent-stock/ #cdnpoli #cdnecon #polQC #QCpoli
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“That bet is placed collectively by Main Street investors & domestic & offshore institutional investors. And by sovereign wealth funds like … the giant #Norwegian #SWF, which owns stakes in more than 200 #Canadian publicly traded #companies.” #TSX #cdnecon #CanadaSky www.thestar.com/business/opi...
How are stocks soaring despite... -
“That bet is placed collectively by Main Street investors & domestic & offshore institutional investors. And by sovereign wealth funds like … the giant #Norwegian #SWF, which owns stakes in more than 200 #Canadian publicly traded #companies.” #TSX #cdnecon #CanadaSky www.thestar.com/business/opi...
How are stocks soaring despite... -
2 Bloomberg: The two countries are currently negotiating to find a #trade #deal by Aug. 19. That’s the date on which #Trump promised last month the US will apply new 50% #tariffs on a fresh basket of #Canadian-made goods, unless Carney’s government addresses what the US calls “ #irritants.”
#cdnecon -
1 Bloomberg: #PrimeMinister #MarkCarney said Canada’s #tradetalks with the #US are still aimed at reducing all of the #sector-specific #tariffs imposed by President Donald #Trump. 🧵
#CanadaSky #cdnecon -
1 Bloomberg: #PrimeMinister #MarkCarney said Canada’s #tradetalks with the #US are still aimed at reducing all of the #sector-specific #tariffs imposed by President Donald #Trump. 🧵
#CanadaSky #cdnecon -
2 Bloomberg: #Imports of #computers and #computer #peripherals rose by 59% in June, primarily due to processing units used for #datacenters coming from the US. As a result, #imports from the US rose to a record high of C$42.63 billion ($30.3 billion) #cdnecon #trade #Canada #CanadaSky
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1 Bloomberg: Canada’s #datacenter push drove #imports from the #US to a #record in June. Higher volumes of #electronic and #electrical #equipment and parts drove an increase in total imports, according to Statistics Canada. 🧵
#cdnecon #trade #Canada #CanadaSky -
1 CIBC: Further solid #growth in May and June capped a very strong rebound for the #Canadianeconomy in Q2. Monthly #GDP posted a 0.3% increase for May, which was above the advance estimate (0.1%) and also a tick above the consensus forecast. 🧵
#cdnecon -
1 Bloomberg Canada Daily: #PrimeMinister #MarkCarney rejected the notion that #Canada should curb the supply of #vital #resources to the #US to retaliate against #tariffs, arguing that it’s more important for the country to keep its reputation as a dependable producer. 🧵
#cdnecon #cdnpoli -
1 Bloomberg Canada Daily: #PrimeMinister #MarkCarney rejected the notion that #Canada should curb the supply of #vital #resources to the #US to retaliate against #tariffs, arguing that it’s more important for the country to keep its reputation as a dependable producer. 🧵
#cdnecon #cdnpoli -
RE: https://humanwords.party/@pinhman/117004721010842028
Your must-read for today, #Canada.
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RE: https://humanwords.party/@pinhman/117004721010842028
Your must-read for today, #Canada.
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"Prior to the pandemic, 60 per cent of Port Huron’s retail and restaurant business could be attributed to Canadian shoppers, said Jorja Baldwin, president and CEO of the Bluewater Area Chamber... Canadian “elbows up” attitudes have brought cross-border shopping to a trickle, likely no more than 10 per cent of Port Huron’s retail market now, according to Baldwin"
#Michigan #USA #tariffs #economics #trade #collapse #Canada #PortHuron #Sarnia #cdnecon #Ontario
https://petrolialambtonindependent.ca/2026/07/21/economic-relationship-between-port-huron-and-sarnia-lambton-decimated-says-us-official/ -
"Prior to the pandemic, 60 per cent of Port Huron’s retail and restaurant business could be attributed to Canadian shoppers, said Jorja Baldwin, president and CEO of the Bluewater Area Chamber... Canadian “elbows up” attitudes have brought cross-border shopping to a trickle, likely no more than 10 per cent of Port Huron’s retail market now, according to Baldwin"
#Michigan #USA #tariffs #economics #trade #collapse #Canada #PortHuron #Sarnia #cdnecon #Ontario
https://petrolialambtonindependent.ca/2026/07/21/economic-relationship-between-port-huron-and-sarnia-lambton-decimated-says-us-official/ -
I find it kind of frustrating that nearly all of the reporting on the #TrumpTariffs seems to overlook a major point: the justifications that Trump’s team uses for imposing them.
Tariffs are the end-goal or Trump. Always has been. He told us all this during the election; it was right there in #Project2025. ‘Tariff” was the most beautiful word in the dictionary, remember? Anyone?
So, when he says now that the new tariff against Canada is because we ‘discriminte’ against US products, it’s simply a disingenuous ex post facto attempt to justify their actions, but the goal remains the same. Tariffs.
The first round of tariffs were shut down by SCOTUS, so they found another obscure law to justify a new round, but it came with a time limit. Now, they’ve dug up some other obscure law [1] to justify the new round, and the key element of the new law is ‘discriminate’, so by their twisted logic Canada is ‘discriminating’ against US products by retaliating against the US’ previous hostile trade acts.
It’s all so facile.
[1]: Section 338of the 1930 Tariff Act, which allows the President to impose a duty of up to 50% on a country’s goods to “offset commercial disadvantages” if it factually finds that said country “discriminates” against U.S. commerce.*
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I find it kind of frustrating that nearly all of the reporting on the #TrumpTariffs seems to overlook a major point: the justifications that Trump’s team uses for imposing them.
Tariffs are the end-goal or Trump. Always has been. He told us all this during the election; it was right there in #Project2025. ‘Tariff” was the most beautiful word in the dictionary, remember? Anyone?
So, when he says now that the new tariff against Canada is because we ‘discriminte’ against US products, it’s simply a disingenuous ex post facto attempt to justify their actions, but the goal remains the same. Tariffs.
The first round of tariffs were shut down by SCOTUS, so they found another obscure law to justify a new round, but it came with a time limit. Now, they’ve dug up some other obscure law [1] to justify the new round, and the key element of the new law is ‘discriminate’, so by their twisted logic Canada is ‘discriminating’ against US products by retaliating against the US’ previous hostile trade acts.
It’s all so facile.
[1]: Section 338of the 1930 Tariff Act, which allows the President to impose a duty of up to 50% on a country’s goods to “offset commercial disadvantages” if it factually finds that said country “discriminates” against U.S. commerce.*
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“ #Canada feels the weight of sticking with what worked in the past but no longer does: the world’s fourth largest #auto #exporter in 1990, today’s it’s sunken to ninth place.” #CanadaSky #cdnecon #cdnpoli
RE: https://bsky.app/profile/did:plc:5zca2ola2zxpkw37w4f3wxtu/post/3mqwsg2puds2g -
2 CIBC: … with the participation rate holding steady and population growth slower than in recent years, it was enough to see the #unemployment rate edge down to 6.5%.
#cdnecon #jobsdata #LFS -
1 CIBC: The #Canadian #labourmarket continued to add #jobs in June, putting the weakness seen over the first four months of the year further into the rearview mirror. The 18K reading was slightly above expectations (consensus 10K) and, … 🧵
#cdnecon #LFS #jobsdata #unemployment -
COMPETITION IS A F*CKING JOKE IN CANADA. https://www.cbc.ca/news/business/rogers-buying-mlse-9.7259583 #rogers #MLSE #sports #sportscoverage #monopoly #cdnpoli #cdnecon #cdnBS
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COMPETITION IS A F*CKING JOKE IN CANADA. https://www.cbc.ca/news/business/rogers-buying-mlse-9.7259583 #rogers #MLSE #sports #sportscoverage #monopoly #cdnpoli #cdnecon #cdnBS
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CPA Chief Economist David-Alexandre Brassard on this morning's StatCan jobs numbers: “This is a blockbuster report that seemingly wipes away recession fears and points to a rebound in the second quarter following two quarters of contraction.” #cdnecon
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BMO Senior Economist Robert Kavcic: "There is much more to a recession than two quarters of negative GDP growth. We often think of the three Ds—depth, duration and dispersion. Things aren’t great, but Canada isn’t there yet" #cdnecon
https://economics.bmo.com/en/publications/detail/b9087320-9f84-43b7-9457-ff64129bd89b/ -
FANCY THAT! Canadian airlines are LYING about #unpaidwork to the Government of Canada and Canadians... #UNPAIDWORKWONTFLY!!!
https://www.ctvnews.ca/business/article/flight-attendants-union-urges-government-to-reject-airlines-claims-on-unpaid-work/ #flightattendants #cdnpoli #polcan #cdnecon #ocanada #ohcanada #NACC #nationalairlinescouncilofcanada #aircanada #porterairlines #westjet #liescorporationstellyou #unionsforall #unions #unionstrong #CFAU #CIRP #CUPE
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This is not only to acquire and inventory but to FUDGE THE MARKET.
Canadian company buying up $30M worth of unsold condos in downtown #Toronto... and it's just getting started! https://www.cp24.com/local/toronto/2026/05/12/montreal-based-real-estate-company-buys-30-million-worth-of-condos-near-toronto-metropolitan-university/ #hogtown #condocollapse #CMHC #cdnpoli #cdnecon
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2 Desjardins: Only four of the nine subsectors rose, further highlighting the pressure on #Canadian #consumers from higher #gas #prices. #retailsales #cdnecon