TLDR Trade War. What Is It Good For?
Jan 15, 2025
Discover the chaos of Canada's tax system as proposed laws spark confusion for many Canadians. Delve into the brewing trade war with the U.S., exploring the potential economic fallout and how it could unravel industries. Gain insight into the volatile quantum computing market, where investors have taken hits, and learn about the speculative nature of cutting-edge tech investments. Finally, unravel the complexities of trade policies and their implications for local industries while pondering Canada's unique position in North American trade.
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Navigating CRA Uncertainty
- Treat proposed CRA tax laws as if they will pass.
- Pay the estimated tax, even if uncertain, to avoid potential penalties.
Quantum Computing Potential
- Quantum computing can solve complex problems much faster than traditional computing.
- Its practical application is limited by technical challenges like error-proneness and extreme temperature requirements.
Quantum Computing Stock Volatility
- Google's announcement of a breakthrough in their quantum chip, Willow, sparked a massive rally in quantum computing stocks.
- This rally reversed sharply after NVIDIA's CEO, Jensen Huang, predicted that widespread quantum computing is still 15-20 years away.