Mike Fotheringham
@mfother.bsky.social
CEO of employee-owned BCorp.
Arm chair economist, lover of live music, basketball fan, care about people and planet.
Arm chair economist, lover of live music, basketball fan, care about people and planet.
Reposted by Mike Fotheringham
"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-...
Seems remarkable given the supposed lack of a "business-friendly" government in Ottawa for the last decade.
substack.com/home/post/p-...
Innovate? In this economy? With these profit margins?
It is time we realized how far extraction and innovation stand in opposition to each other.
substack.com
May 14, 2025 at 8:49 PM
"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-...
Seems remarkable given the supposed lack of a "business-friendly" government in Ottawa for the last decade.
substack.com/home/post/p-...
Reposted by Mike Fotheringham
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.
May 8, 2025 at 5:49 PM
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.
Reposted by Mike Fotheringham
Seeing the worst pretend Catholics melt down over this is just beautiful.
May 8, 2025 at 6:34 PM
Seeing the worst pretend Catholics melt down over this is just beautiful.
Reposted by Mike Fotheringham
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.
May 2, 2025 at 1:58 PM
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.
Reposted by Mike Fotheringham
A government under seven (7) different investigations for corruption just introduced a bill that would bring more corporate money into politics.
This is not normal.
www.cbc.ca/news/canada/...
This is not normal.
www.cbc.ca/news/canada/...
Alberta overhauls election laws to allow corporate donations, change referendum thresholds | CBC News
The Alberta government wants to bring back corporate and union political donations, eliminate vouching for a voter’s identity at election polling stations, and lower the threshold for recalls and refe...
www.cbc.ca
April 30, 2025 at 2:19 AM
A government under seven (7) different investigations for corruption just introduced a bill that would bring more corporate money into politics.
This is not normal.
www.cbc.ca/news/canada/...
This is not normal.
www.cbc.ca/news/canada/...
Reposted by Mike Fotheringham
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
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
April 25, 2025 at 1:17 PM
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
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
Reposted by Mike Fotheringham
My opening remarks in defence of the CBC at the recent Mount Royal debate.
April 25, 2025 at 6:07 PM
My opening remarks in defence of the CBC at the recent Mount Royal debate.
Reposted by Mike Fotheringham
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/p/poilievres...
Poilievre’s Costed Platform Finally Drops
Pierre Poilievre released his long-awaited costed platform just days before Canadians head to the polls.
colenotcole.substack.com
April 23, 2025 at 5:26 AM
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/p/poilievres...
Reposted by Mike Fotheringham
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.
Tesla profits drop 71%.
Elon Musk: Okay, my work here making government run like a business is done now.
April 23, 2025 at 12:22 AM
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.
Tesla profits drop 71%.
Elon Musk: Okay, my work here making government run like a business is done now.
Reposted by Mike Fotheringham
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.
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.
April 22, 2025 at 2:41 PM
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.
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.
Reposted by Mike Fotheringham
A good set of facts and arguments to have on hand when someone pulls out that "but our per capita GDP is shrinking!"...
Why GDP per capita doesn’t measure Canada’s true economic health
GDP per capita distorts Canada’s economic story. Population growth and inequality skew the numbers – and the policy conversation.
policyoptions.irpp.org
April 21, 2025 at 9:48 PM
A good set of facts and arguments to have on hand when someone pulls out that "but our per capita GDP is shrinking!"...
Reposted by Mike Fotheringham
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.
* Given which I don't see why a constantly declining debt to GDP ratio should be a policy goal.
April 21, 2025 at 10:55 PM
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.
* Given which I don't see why a constantly declining debt to GDP ratio should be a policy goal.
Reposted by Mike Fotheringham
Mark Carney tells a story about Pope Francis
April 22, 2025 at 12:21 AM
Mark Carney tells a story about Pope Francis
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.
My statement on the passing of His Holiness Pope Francis:
April 21, 2025 at 6:34 PM
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.
Reposted by Mike Fotheringham
My statement on the passing of His Holiness Pope Francis:
April 21, 2025 at 12:51 PM
My statement on the passing of His Holiness Pope Francis:
Reposted by Mike Fotheringham
Reposted by Mike Fotheringham
Regardless of the question and topic, Poilievre has the same answer: tax cuts.
April 16, 2025 at 10:28 PM
Regardless of the question and topic, Poilievre has the same answer: tax cuts.
Reposted by Mike Fotheringham
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.
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.
April 13, 2025 at 11:20 PM
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.
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.
Reposted by Mike Fotheringham
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.
🤷🏼🤔🤷🏼
🤷🏼🤔🤷🏼
April 10, 2025 at 9:53 AM
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.
🤷🏼🤔🤷🏼
🤷🏼🤔🤷🏼
Reposted by Mike Fotheringham
It's confirmed.
"Friends" of India's ruling party helped finance PoiLIEvre’s leadership campaign.
globalnews.ca/news/1111367...
"Friends" of India's ruling party helped finance PoiLIEvre’s leadership campaign.
globalnews.ca/news/1111367...
The Modi ‘friends’ who helped finance Poilievre’s leadership campaign | Globalnews.ca
Former leaders of Overseas Friends of BJP Canada donated thousands to the Conservative leader and his party.
globalnews.ca
April 9, 2025 at 6:57 PM
It's confirmed.
"Friends" of India's ruling party helped finance PoiLIEvre’s leadership campaign.
globalnews.ca/news/1111367...
"Friends" of India's ruling party helped finance PoiLIEvre’s leadership campaign.
globalnews.ca/news/1111367...
Reposted by Mike Fotheringham
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. 🧵
Let's dig into it with a quick thread. 🧵
April 9, 2025 at 6:39 PM
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. 🧵
Let's dig into it with a quick thread. 🧵
Reposted by Mike Fotheringham
Reposted by Mike Fotheringham
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.
Tax cuts is Reagan bullshit. It’s not what you pay. It’s what you get back.
April 5, 2025 at 6:47 PM
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.
Tax cuts is Reagan bullshit. It’s not what you pay. It’s what you get back.
Reposted by Mike Fotheringham
Reposted by Mike Fotheringham
