The CPP is not really a public pension. It is paid from a fund created from worker and employer contributions. OAS is paid from the endogenous cash flows of the federal govt.

We need to establish the principle that the pension is a right not a privilege. As long as it remains a privilege it is vulnerable to attack by those on the right. If you want to raise marginal tax rates on those earning over $140k, go for it.

If the claw-back affected the "comfortable" it wouldn't exist, just as the capital gains increase was nixed. Canada's public pensions are among the worst in the developed world, & Canadians believe they worked hard for the OAS and a claw back is profoundly offensive to them.

Stop overhyping AI, scientists tell von der Leyen Open letter criticises the Commission President for remarks earlier this year – when she anticipated AI would “approach human reasoning” in 2026

Stop overhyping AI, scientists tell von der Leyen

Ontario lost full-time jobs in October, but jobless rate fell on more part-time work In October, Ontario lost 14,700 full time jobs and total hours worked fell by 20.7 million hours.

Doug Ford was celebrating these Oct employment numbers:

- 14,700 full-time jobs cut
- 20.7 million fewer hours worked

The unemployment rate decline was completely due to a big increase in part-time work

He is an unaffordable jobs disaster

open.substack.com/pub/tparkin/...

$2,000 "tariff dividend"

What's wrong with Rapley's argument is he talks about borrowing. The federal govt as the currency issuer is funded by endogenous cash flows. The fact Carney projects 1% growth tells all. And by the way, who are we going to war with? Goldman Sachs must have investments in the defense industries.

Park around the corner. Walk 75 feet. Have some respect. It’s not hard.

The budget projects growth of 1% in 2026 and 2027. That's a hiccup away from recession. A small man with small ideas.This country is capable so much more. The economy grew at almost 20% a year during the war years and set the foundation for 2 decades of growth. Neoliberals will destroy Canada.

‘Can’t make this up!’: Ford government faces questions over nearly $10M going to company with ties to ‘adult entertainment’ Ontario’s opposition parties are questioning the province’s labour minister about the possibility money from the $2.5 billion Skills Development Fund ended up at a company tied to an “adult entertainm...

Public money going for a strip club?
Welcome to public interest Doug Ford style.
He should at least tell us which members of his cabinet checked out the joint prior to handing over millions that could have been spent on dealing with the small town hospital crisis.
www.ctvnews.ca/toronto/poli...

Précisément : This is the Carney government in Canada. Even members of his insider “AI” Task Force are alarmed.

I’ve been party to dozens of rush consultations in Canada and Holland. The shortest ones for narrow policy ranges were 60–90 days. This dangerous, wide-ranging area was given 30 days.

This really hasn’t gotten enough attention this week.

@wired.com #ICE
www.wired.com/story/fbi-wa...

With Stellantis moving production from Brampton to the US, where does Canada go from here? I get a history lesson from Greig Mordue on the auto industry and look at why the future may point toward China.

Not only is Tom Hanks protecting his own health, by masking up he’s protecting everyone else on public transit.

Many people taking the subway don’t have paid time off.

They don’t have the good healthcare someone like Hanks can afford.

Masking is community care.

@lukelebrun.ca and @dtcochrane.bsky.social break down what Mark Carney's austerity budget means for workers — both public and private sector — in the latest episode of Sources

From the budget:
"A leaner public service is a more empowered and productive public service."

This is simply not true. A leaner public service is a stretched-too-thin public service that won't be able to deal with the myriad challenges the coming years promise.
Ideological nonsense.

You’d think a government that talks a lot about “investing more” and “diversifying our economy” would fund higher education instead of more corporate tax cuts.

The Biden administration worked hard to accomplish this new free IRS filing system. It’s astounding that one should have to pay fees in order to pay their taxes. But this rent seeking is entirely consistent with the economic policies of the current administration that benefit the most wealthy.

Almost 60% of Canadian oil and gas is owned by Americans, with another 6% owned by other foreigners. Who is Carney trying to help? The emphasis on exports is a problem and Canadians need to demand a full explanation of what the benefits are.

Profit is a cost to any publicly provided service that's just a fact. The notion that the private sector is more efficient is a myth. Making shareholders rich is not the function of government.

It's hard to be progressive and govern a currency using govt. Unlike the federal govt, the cash flows that fund the currency user are exogenous, and running govt really is like a household. We should give the Yukon NDP our support.

Carney Goes from ‘Elbows Up’ to Apologies | The Tyee How Canada is getting it all wrong in dealing with Trump the bully.

The subtext to PM Carney’s apology is clear, writes Stewart Prest.

“Sorry Ontario accurately described Ronald Reagan’s stand on free trade, Mr. President. We understand those words challenged your version of the truth, which is unacceptable.” #canpoli #uspoli

Trump and the GOP know the federal govt is funded endogenously. But they love to hear people refer to "taxpayer" money because it assumes the govt is funded exogenously like a household. It makes selling austerity so much easier.

Clocks With No Hands (Prod Cut) by DarioPerkins East Coast hip-hop, boom-bap drums, aggressive punchy delivery, dark minor key piano stabs, layered synth bass, tight snares, menacing mood, confrontational energy, sharp articulate female vocals, 95 ...

After the Miran diss track, my latest: a rap about the AI bubble.

Its f***ing amazing www.producer.ai/song/7b40e9a...

Data stored in Canada can be subject to foreign courts, government paper warns OTTAWA — A new government white paper on digital sovereignty says Ottawa can’t maintain full control over its data if its data storage supplier is subject to the laws of another country.

Ah-yup!

"Data stored in Canada can be subject to foreign courts, government paper warns"

"federal government can only maintain full legal control if it delivers the service itself, or uses service providers that operate completely under Canadian jurisdiction."

ca.news.yahoo.com/data-stored-...

The Coming US-China Thaw James K. Galbraith sees signs that American strategists and politicians are finally waking up to economic realities.

“By saturating the #information space with far-fetched assertions too numerous and too pervasive to rebut, disagreement, let alone #dissent, becomes tantamount to #disloyalty, even #treason.” www.project-syndicate.org/commentary/u...

If we could just get politicians to understand that the federal government's cash flows are endogenous and it is quite able to invest in research and universities.

5. *This thread was copied from my Twitter / X account, and applies predominantly to comments I have seen there.

/end

“.. Staying on X when it has become so toxic and ungovernable suggests either weakness or complete naivety. We are living in a world of many malevolent geopolitical actors. Musk’s X is one such actor.”

@drjennings.bsky.social
@lorak.bsky.social
observer.co.uk/news/opinion...

Opinion: What we need in this country is less money in politics, not more If the electoral ideal is to give equal voice to equal votes, why is Ontario proposing to further amplify the political causes of the wealthy?

What we need in this country is less money in politics, not more, @acoyne.bsky.social writes www.theglobeandmail.com/opinion/arti...