The Centre for Future Work is a progressive research institute that studies the full range of economic issues facing working people.
Vancouver
Joined July 2024
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Centre for Future Work (Canada) retweeted
Crude oil prices are down $14/b (20%) in the last week. Apart from acute embarrassment for Danielle Smith (who called Trump's tariffs last week a "big win for Alberta & Canada"), there's an important lesson to be learned here about how crude oil futures markets work. #cdnecon /2
Centre for Future Work (Canada) retweeted
It's time, yes 👇 ... to both expose this and to question and re-evaluate our reliance. There's so very many jobs needed when we chart our course mostly away from fossil fuels.
📢 LAUNCHING TODAY: False Profits
The oil & gas industry claims it makes life more affordable. The truth? Fossil fuel prices drove up inflation & undermined affordability.
It's time to expose the real impacts of fossil fuels on our pocketbooks.
falseprofits.ca/ /2
Centre for Future Work (Canada) retweeted
Our Centre for Future Work @futurework_cda has released a new report today adding up the huge (& continuing) costs to Canadians of the 2022 spike in oil prices. Check it out, it's part of our new 'False Profits' project: falseprofits.ca/reports. #cdnecon #canlab /2
Centre for Future Work (Canada) retweeted
This is what economic warfare looks like.
More threats. The goalposts keep changing. The chaos continues. A promised pause is broken.
Let’s be clear. It is workers who are under attack - both American and Canadian workers.
#cdnpoli
cbc.ca/news/world/trump-tari…
Centre for Future Work (Canada) retweeted
FACT CHECK:
1. US bilat def w Cda was $40b in '23, fell ≈10% in '24 (source: US CensusBur)
2. Def w Cda 10th largest of US partners
3. US exps 92¢ to Cda for every $1 they imp (far more balanced than US global trade)
4. 76% US imps from Cda are intermediate goods for US firms /2
Trump during his Super Bowl interview: "I think Canada would be much better off being a 51st state because we lose $200 billion a year with Canada, and I'm not gonna let that happen."
Readers added context they thought people might want to know
America DOES NOT lose or subsidize Canada $200B:
1) 2024 US-Canada trade deficit was $63B, lower than US deficits with China, EU, Mexico & Vietnam.
census.gov/foreign-trade/…
2) NATO allies commit troops & equipment on a voluntary basis, The 2% GDP guideline for defense spending is not a mandate.
nato.int/cps/uk/natohq/…
Centre for Future Work (Canada) retweeted
The reform of capital gains tax for corporations & individuals with over $250K booked gains in 1 year was a good idea, that ran into bad timing. I tell @radioanis Heydari with @CBCNews its deferral will make zero difference to investment going forward: cbc.ca/news/business/capital… /2
Centre for Future Work (Canada) retweeted
I will join @andrewcbc Nichols on @CBCNews Channel in a few minutes to discuss the latest threats emanating from Trump, how his tariffs would hurt 🇺🇸 as much as 🇨🇦, and what we can do to be ready. See our @futurework_cda report for more: centreforfuturework.ca/2025/… #cdnecon #canlab
Centre for Future Work (Canada) retweeted
Here's my chat with @jayme_poisson for @CBCNews @FrontBurnerCBC on making the case for 🇨🇦 with Trump: cbc.ca/listen/cbc-podcasts/2…. His to-and-fro bluster is clearly designed to keep us off-balance. But we should be confident about our value to the US: they need us, too. #cdnecon /2
Centre for Future Work (Canada) retweeted
This is a rich mythbuster by Gabe Friedman @GabeFriedz for the @financialpost on what becoming the 51st state would really mean: financialpost.com/news/econo…. Borders are not just a 'friction'. They help to ground investment so we can be more than a northern hinterland in NA. #cdnecon
Centre for Future Work (Canada) retweeted
“Who’s Subsidizing Whom?” I have written a new report for the Centre for Future Work @futurework_cda rebutting Trump’s arguments that the U.S. “subsidizes” Canada through its bilateral trade deficit: centreforfuturework.ca/wp-co…. #cdnecon #cdnpoli #canlab /2