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Marc Lévesque

@marclevesqueeco.bsky.social

Former Chief Economist at Canada's Public Sector Pension Board, Former Chief Economics Strategist at TD Securities. Politically non-partisan: I just like good policy.

236 Followers  |  96 Following  |  13 Posts  |  Joined: 14.11.2024  |  1.5238

Latest posts by marclevesqueeco.bsky.social on Bluesky

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WARNER: Can you explain how it helps natl security or our trade balance - I loved your fancy Greek formula which was bad math on steroids - how with a trade surplus Australia got hit with a 10% tariff as well?

GREER: Australia has the lowest rate available

WARNER: We have a trade surplus!

08.04.2025 17:52 — 👍 24831    🔁 6687    💬 1076    📌 547

More fundamentally, higher inventory levels mean less future production to satisfy demand.

09.04.2025 15:05 — 👍 4    🔁 2    💬 17    📌 1
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Opinion: If you’re going to threaten to secede, you might at least have the numbers to back it up A piece by the former leader of the Reform Party of Canada, Preston Manning, had the substance of a ransom note

My latest, on Preston Manning’s disgraceful foray into separatist blackmail: Vote Conservative, or we blow the place up. (Yeah? You got the numbers to back up that threat?)
theglobeandmail.com/opinion/arti...

09.04.2025 14:32 — 👍 249    🔁 73    💬 26    📌 10
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Good morning. The United States now has the highest tariff rates in the world.

09.04.2025 11:02 — 👍 507    🔁 138    💬 24    📌 13

There are reports that China is unloading US Treasuries, which would partly explain the surge in bond yields over the past few days. Some would argue that the rise in yields reflects inflation expectations, but that doesn't work: breakevens have actually fallen over the past few days.

09.04.2025 14:48 — 👍 4    🔁 0    💬 5    📌 1
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Trudeau’s office at odds with Finance Minister Freeland over GST holiday, $250 cheques, sources say Finance officials see GST break, $250 cheque pledge as fiscally unwise, sources say, with minister at risk of missing goal to keep the deficit at or below $40.1-billion

www.theglobeandmail.com/politics/art...

10.12.2024 14:19 — 👍 1    🔁 0    💬 0    📌 0

Just finished reading the complete paper. It is an excellent piece of work — the methodology is rigorous and its description is detailed and informative. Overall, a key contribution to the discussion on carbon pricing in Canada. 👏👏👏

26.11.2024 20:17 — 👍 1    🔁 1    💬 0    📌 0
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Trudeau to unveil GST relief in multibillion-dollar affordability announcement NDP signals its support, but its statement did not specify if party will vote to end filibuster in the House

This is bad politics because it reeks of desperation. And, it's bad economics: if you want to provide tax relief, balance the budget first and then provide across-the-board income tax cuts, not selective relief on consumption taxes.
www.theglobeandmail.com/politics/art...

21.11.2024 13:39 — 👍 1    🔁 0    💬 0    📌 0

I think he should have chosen Judge Judy instead of Matt Gaetz.

19.11.2024 23:13 — 👍 1    🔁 0    💬 0    📌 0

🤣

19.11.2024 17:09 — 👍 1    🔁 0    💬 0    📌 0

CIBC: pace of #inflation accelerated in #Canada in Oct, but this follows a string of reports that showed more muted #price pressures. The 0.4% m/m non-seasonally adjusted increase left annual inflation at 2% target, w both of those figures being a tick above consensus expectation #cdnecon #CanadaSky

19.11.2024 14:31 — 👍 2    🔁 2    💬 1    📌 0
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deportations higher under obama than trump administration, then fell off a cliff under biden.

19.11.2024 15:17 — 👍 56    🔁 10    💬 8    📌 1
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Sondages sur les appuis à la souveraineté du Québec dans la dernière année : des chiffres généralement stables, de faibles fluctuations de mois en mois.

Détails → qc125.com/sondages-sou...

16.11.2024 17:12 — 👍 14    🔁 4    💬 4    📌 1

Thanks!

16.11.2024 17:04 — 👍 0    🔁 0    💬 0    📌 0
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Opinion | Gabbard’s lack of judgment and flights from reality are disqualifying You can’t believe foreign propaganda more than your intelligence agencies — and hope to run them.

"In the intelligence world, sound judgment and a firm grasp of reality are essential. Tulsi Gabbard has shown us, repeatedly, that she lacks both."

www.washingtonpost.com/opinions/202...

16.11.2024 16:13 — 👍 19    🔁 4    💬 1    📌 0

Hello everyone, Still trying to get used to this place (although the appearance is very Twitter-like, there are important differences). Is there a list, feed, grouping of economists and economic commentators?

16.11.2024 16:58 — 👍 1    🔁 0    💬 2    📌 0

Done

16.11.2024 16:53 — 👍 1    🔁 0    💬 0    📌 0
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Just a Reminder That RFK Jr. Thinks Poppers Cause AIDS Trump’s pick for Secretary of the Department of Health and Human Services also has claimed that chemicals in water turn kids gay and refers to puberty blockers as “castration drugs.”

I get why the panic around RFK Jr's appointment is focusing a lot on vaccines.

But I'm not sure we've full wrapped our heads around how much damage he could do to trans folks and people living with HIV/AIDS. There are *a lot* of medications he could target.
www.them.us/story/rfk-jr...

16.11.2024 16:18 — 👍 1148    🔁 342    💬 56    📌 28

Please develop an iPad app. Thank you.

16.11.2024 13:50 — 👍 2    🔁 0    💬 0    📌 0

Very little of what Trump does these days amazes me.

Any one of the last three of Trump’s Cabinet-level picks (Gabbard as DNI, Gaetz as AG, RFK for HHS), standing alone, would arguably have been the worst in American history.
(1/2)

14.11.2024 21:02 — 👍 11269    🔁 1512    💬 400    📌 65
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Trump picks Robert F. Kennedy Jr. to be his Department of Health and Human Services secretary | CNN Politics President-elect Donald Trump has picked Robert F. Kennedy Jr. to be his next secretary of the Department of Health and Human Services, a choice that would add to Trump’s list of provocative picks whos...

This is insane. Completely insane. www.cnn.com/2024/11/14/p...

14.11.2024 21:43 — 👍 2    🔁 0    💬 0    📌 0

agree. The other place is going way downhill.

14.11.2024 21:42 — 👍 1    🔁 0    💬 0    📌 0

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