Prof G Markets Why Tariffs Could Crush Canada’s Economy — ft. Mike Moffatt
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Feb 27, 2025 Mike Moffatt, Founding Director of the University of Ottawa's Missing Middle Initiative and former advisor to Justin Trudeau, offers a deep dive into Canada's economic challenges. He discusses the severe implications of U.S. tariffs on Canadian trade, housing crises, and the struggles of small businesses. Moffatt also shares insights on how political narratives influence public perceptions of economic policy, and he critiques the disparities within Canadian society, linking them to broader issues like manufacturing dependencies and immigration policies.
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Canada Goose and Cloud Nine
- Scott Galloway jokes about young women in Canada Goose jackets.
- He recounts an obnoxious champagne-spraying party at Cloud Nine in Aspen.
Apple's Investment
- Apple's $500 billion investment is likely a PR move to appease Trump and avoid tariffs.
- The investment aligns with Apple's existing plans and is not new spending.
Nepotism at Cantor Fitzgerald
- Howard Lutnick's decision to appoint his young sons as leaders of Cantor Fitzgerald is an example of nepotism.
- This is common in private and some public companies, with varying outcomes.