iiinova — where your digital self keeps evolving

Reposted by Mike Fotheringham

Aaron Wherry @aaronwherry.bsky.social · 14/05/2025

"Canadian businesses are immensely profitable ... Those profits are also at record levels relative to GDP:" Seems remarkable given the supposed lack of a "business-friendly" government in Ottawa for the last decade. substack.com/home/post/p-...

substack.com

Innovate? In this economy? With these profit margins?

It is time we realized how far extraction and innovation stand in opposition to each other.

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Mike Fotheringham @mfother.bsky.social · 14/05/2025

Their GM blew it over the past two off seasons. Owner made the right call.

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Mike Fotheringham @mfother.bsky.social · 14/05/2025

I’m disappointed to see you weren’t chosen. You’re a refreshing voice in politics and I hope you’ll be able to move beyond this setback.

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Conor Lamb @conorlambpa.bsky.social · 08/05/2025

Great name choice. The last Pope Leo, the 13th, was known as a pope for workers and the poor. In Rerum novarum he emphasized the rights of workers to form unions and earn good wages long before these were mainstream positions in the United States.

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Alejandra Caraballo @esqueer.net · 08/05/2025

Seeing the worst pretend Catholics melt down over this is just beautiful.

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Ben Wetzler @voteben.nyc · 02/05/2025

He's being disrespectful to veterans in a variety of ways, but the thing that really gets me is Veterans Day started out as "Armistice Day." It was explicitly about peace, never "victory." They were celebrating the fact that the war was over, not that it was won.

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Mike Fotheringham @mfother.bsky.social · 03/05/2025

Hey, the NDP haven’t done much to advocate for social democratic solutions either. Mulcair’s influence still seems to loom over the party policy wise. I hope that changes.

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Mike Fotheringham @mfother.bsky.social · 02/05/2025

He’s talking about a new crown Corp essentially to build the homes as well. I’d say it’s a mix of market and non-market policy solutions. No way the conservatives would ever suggest to start a home building entity owned by the gov.

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Mike Fotheringham @mfother.bsky.social · 02/05/2025

I heard $25B in financing which usually means low interest loans. Not exactly a hand out but cheaper financing.

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Social Capital Partners🇨🇦 @scpartners.bsky.social · 25/04/2025

Corporate leaders are obsessing over GDP per capita. But, if you look at just about any number that would meaningfully tell you how well our economy is doing, Canada does better than the U.S. @mendelmatt.bsky.social @jimstanford.bsky.social #alwayscanada #never51 #gdp #cdnpoli #cdnecon

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Max Fawcett @maxfawcett.bsky.social · 25/04/2025

My opening remarks in defence of the CBC at the recent Mount Royal debate.

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Cole.notcole @colenotcole.bsky.social · 23/04/2025

This has to be one of the most unserious plans I've ever seen. If this guy get elected we are doomed. colenotcole.substack.com/p/poilievres...

colenotcole.substack.com

Poilievre’s Costed Platform Finally Drops

Pierre Poilievre released his long-awaited costed platform just days before Canadians head to the polls.

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Barney Panofsky's Best Intentions @mynamesnotgordy.bsky.social · 23/04/2025

Elon Musk: Government should be run like a business. Tesla profits drop 71%. Elon Musk: Okay, my work here making government run like a business is done now.

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Mike Fotheringham @mfother.bsky.social · 23/04/2025

This is a nice spot in downtown Ottawa. I travelled there a few years back. I took some time to enjoy the public art and sat to drink a coffee in that plaza. A very nice use of space!

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Dr. Mike P. Moffatt @mikepmoffatt.bsky.social · 22/04/2025

The Conservative plan is out and, ooof, is this costing a disaster. There's a whole bunch of phantom revenues booked here, and the GST housing pledge is costed at under $2B. Given their proposed eligibility criteria, it should be more in the 4-6B range.

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Mike Fotheringham @mfother.bsky.social · 22/04/2025

You won’t get a question anyway.

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Chris Neill 🐧 @chrisneill.bsky.social · 21/04/2025

Because while a zero debt to GDP ratio isn't a particular goal in itself*, and although I accept line graphs don't need to start at zero, I do think that plus a bit of history is helpful in some cases. * Given which I don't see why a constantly declining debt to GDP ratio should be a policy goal.

Time series graph of Canada's federal debt to GDP ratio from roughly 2000 through to projections to 2029, with LPC and (possible) CPC platform.

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Mike Fotheringham @mfother.bsky.social · 21/04/2025

One of the better reads of 2025.

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Mike Fotheringham @mfother.bsky.social · 21/04/2025

His book Values has a lot of connection to Catholic social teaching on the economy and now Mr. Carney reveals his inspiration behind his work. At a time when moral leadership is in short supply, Canada has a leader that can step up.

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Mark Carney @mark-carney.bsky.social · 21/04/2025

My statement on the passing of His Holiness Pope Francis:

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Mike Fotheringham @mfother.bsky.social · 17/04/2025

Which is the most empty policy choice on offer.

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Duane Bratt🇨🇦 @duanebratt.bsky.social · 16/04/2025

Regardless of the question and topic, Poilievre has the same answer: tax cuts.

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Mike Fotheringham @mfother.bsky.social · 14/04/2025

These polls are pretty inaccurate. We had one telling us in Vernon to vote ndp 2 elections ago and the Liberal candidate was by far the strongest progressive and came second. A lot of people I spoke to, mistakenly switched their vote.

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Walker Bragman @walkerbragman.bsky.social · 14/04/2025

It’s not about saving money. The U.S. doesn’t have a spending problem, a debt problem, or a deficit problem. What we have is a wealth inequality problem—and DOGE is designed to make that real issue way worse. It’s a con. The entire point is to defang government and insulate wealth from democracy.

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Mike Fotheringham @mfother.bsky.social · 10/04/2025

As a Canadian I’m not flying to the US anytime soon but no one should be flying anywhere near DC. How many close calls and crashes is this now?

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David Hamer @davidhamer1951.bsky.social · 10/04/2025

Piffleswipe Pierre Poilievre gives a master class in how to lose elections: call on Canada’s leading neofascist conflict of interest journalist more than all others for questions at all your pressers, while pretending to have become a moderate. 🤷🏼🤔🤷🏼

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Max Fawcett @maxfawcett.bsky.social · 09/04/2025

There's been lots of talk lately about the "lost decade" in Canada under the Liberal government. It revolves around this chart: Let's dig into it with a quick thread. 🧵

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Mike Fotheringham @mfother.bsky.social · 09/04/2025

You’re one of my favourite economists btw. I guess I see gov’t $ differently. If we see gov’t spending as constrained by bond sales then it fuels the need for supply side policies. Victory bonds were an incentive to save and ensured $ went to war effort and didn’t spike demand in other industries.

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Mike Fotheringham @mfother.bsky.social · 07/04/2025

I enjoyed this thanks. It’s a shame that Biden’s industrial policy is getting tossed as it was really good and would have accomplished what Trump claims to want in reindustrializing middle America without all the pain.

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Mike Fotheringham @mfother.bsky.social · 07/04/2025

The Canadian infrastructure bank and social impact bonds are weak attempt at solving a problem that doesn’t exist - a scarcity of gov’t dollars. As Keynes said, we can afford anything we can actually do.

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Mike Fotheringham @mfother.bsky.social · 07/04/2025

The fact that the bank of Canada buys its own bonds tells you that selling in the first place is not a necessity but rather a policy choice. It’s more to pull extra dollars out of the economy that would otherwise circulate leading to possible inflation.

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Mike Fotheringham @mfother.bsky.social · 07/04/2025

The gov’t can simply spend dollars into creation and doesn’t need our money. Whoever receives those dollars uses them like every other $. The growth is a separate issue but comes in part from the interest on the bond which is a policy choice and effectively a no-risk transfer to the recipient.

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Mike Fotheringham @mfother.bsky.social · 07/04/2025

Why does a country that creates its own dollars need to pay citizens interest to borrow theirs?

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Mike Fotheringham @mfother.bsky.social · 06/04/2025

He’s casting out all his factory workers as we speak. Who is going to work in these factories? Who will want to?

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Mike Fotheringham @mfother.bsky.social · 05/04/2025

All we needed was a leader familiar with popular movies and we’d be better off!

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Walker Bragman @walkerbragman.bsky.social · 05/04/2025

If you’re leading with tax cuts you’ve already lost. Democrats should stand for a functional, responsive government, a generous safety net, and modernized public services. Tax cuts is Reagan bullshit. It’s not what you pay. It’s what you get back.

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Mike Fotheringham @mfother.bsky.social · 04/04/2025

Political rallies are a huge waste of time in identifying new voters. Good at feeding the ego of those on stage but not a great campaign strategy.

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Mike Fotheringham @mfother.bsky.social · 02/04/2025

Thanks for brining the receipts. Memories are selective and short.

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Mike Fotheringham @mfother.bsky.social · 02/04/2025

History will look kindly upon you.

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