Eric Thor

I felt like this one was worth dusting off as a reminder. What is it about politics specifically that makes people so uncomfortable discussing? A difference of opinion is a great thing but a lack of understanding each other has lead to a difference of values. We have never been more polarized as a society and I think it’s because people lost the ability to talk about ‘hard things’. Case in point, if you froth at the mouth at the mere mention of Trump or use an absurd epithet like ‘libtard’ to make your point you may be part of the problem. You’re no closer to understanding the other side. My .02. #politica #PoliticalDebate

🇨🇦🇺🇸Who’s Going to Tell Him? Wrong President Mark… “Thank you for joining us in Toronto for important conversations on how we can build a better and more just future — and empower more people to build with us.” Mark Carney Two questions from this photo up… 1. Why are you meeting with the President who hasn’t been in office for 10+ years to discuss building a better future? He and his party aren’t in government. You are doing this to purposely inflame relations with the CURRENT President. This has proven to be great for you politically and unfortunately harmful for the average Canadian who is about to lose their job. 2. To Presdent Obama, are you not in contravention of the Logan Act? ‘The Logan Act is a 1799 US federal law prohibiting unauthorized American citizens from negotiating or corresponding with foreign governments to influence disputes or undermine US measures.’ Unless of course you’re there to support the Trump Administration’s negotiation efforts? 🤔 #cdnpoli #Obama #MarkCarney

@tobi @Tablesalt13 It just makes us want you more.

@Tablesalt13 I will never run for any office, and neither should anyone want me to. Founders are good at running the things that they found and nothing else.

Okay hear me out: Tobi Lütke for PM of Canada.

👶 📉 No Child Left Behind… Except for the Workforce. My first job was at Tim Hortons at the age of 12, young to be working but my mom knew the owner and I needed the money. While the $3.85/hour over the summer enabled me to buy a Steve Caballero skateboard, the real value of the job was the skill development and learned work ethic. (The bonus was the dozen donuts I got to take home at the end of a 3-11pm shift) Fast forward to today and youth unemployment in Canada has jumped 57% in 3 years, hitting levels previously unseen outside a recession. Looking deeper in the data by age and its 19.5% between 15-19 years old! Failed government policy has allowed for TFW (temporary foreign workers) to flood the labour supply and crowd out our youth. Insult to injury, there are brokers in India making money arbitraging these low skilled job permits. Let me be clear, the person in India who pays $5-20k for a Canadian job is just as much a victim of this system. We will have a generation of youth robbed of vital skill development (customer service experience, work ethic, networking…). How do we turn this around when we have a government looking to expand and fast track this type of immigration? 🤔 #YouthUnemployment #cdnpoli

@MPelletierCIO ‘The BIGGEST Short’. I am trademarking this as we speak.

Look at it this way. A company being run by Mark Carney and his CFO being François-Philippe Champagne, and his COO being Mélanie Joly. The short trade of a lifetime.

This would be so awesome, this way I can short it! And so that you know, I am not actually joking.

🧑‍🦲 ❤️ The Greatest Love Story Ever Told? May you one day experience a love as great as David Cochrane has for the Liberal Party of Canada. In this clip you can see him stammering to defend what everyone knows is a Liberal Party trade policy failure. Allowing 49,000 Chinese EVs into Canada tariff free obviously agitated Japanese and American automakers. This is such an inept policy position by the Liberals because China will never build EVs here. Trying to blame Trump for the lack of GLOBAL demand for EVs is what I’d expect for someone who lives in a big city and doesn’t drive. I sound like a broken record when I say this —> you can legislate supply of EVs but you cannot legislate demand. Good on @lraitt for calling him out. #cdnpoli #ev #MarkCarney

@MPelletierCIO You can legislate supply but you can’t legislate demand. Nobody wants them…

This guy also has no idea what he is doing. None. Stubbornly, continuing to make EVs the centrepiece of their auto strategy for this country. Embarrassing.

@nicksortor @bradleydevlin @RobManess Ontario here, I appreciate you and your fellow Americans despite attempts to make me feel differently. 👇🏻

@bradleydevlin @RobManess I’m assuming my Canadian following is all from Alberta 🤣

How many ‘influencers’ are bold enough to post this X analytics graph? AMERICA FIRST.

@StaceyMonette27 @nicksortor @gypsymagic24 @bradleydevlin @RobManess +1

@whiskyczar This reminded me of another contributing factor… staying out of the way also means not agitating trade partners. What was the government thinking by disaffecting Japanese and American automakers by opening up our market to Chinese EVs? They will never build cars here… 🤦‍♂️

Ralph Klein, love him or not, nailed it with ‘Government has no business being in business’. This extends to picking winners and losers via subsidies to specific companies.

🚗 ⚡️ Another Day Another Government Policy Failure What a damning statement for our government when $5B in subsidies is still not enough to keep a $15B project in Canada. 1. You can legislate supply of EVs but clearly you cannot legislate demand. The consumer has spoken and despite the eco-insanity behind the EV push, we’ve now hit $52B+ of ‘announced’ projects but are racking up failure after failure (Northvolt, Lion Electric). 2. It’s important to take note of the pivot that Honda is doing, while they’re moving away from EVs they’re not reinvesting in Canadian manufacturing. Instead they are expanding capacity at a facility in Ohio. This is clearly signalling their lack of confidence in the Carney government’s ability to get a deal with the US. Imagine the downside risk they’ve scoped of remaining in Canada that a 33% subsidy isn’t enough to remain. A reminder, Japan only manufactures vehicles in Canada for free trade access to the United Stares. We are about to experience the pain of this lesson very soon. He campaigned on being the only one able to get a deal with the US… waiting Mark. #honda #cdnpoli

@DOGELON888 @harleyf Down ~$30 on this news is wild … Shopify’s beta is high but this is on another level.

@harleyf The market is ruthless, I am thoroughly disgusted by the price action today. -15% 🤢🤢🤢🤢🤢

Shopify just reported on Q1. The numbers speak for themselves. → $101B in merchant sales, second consecutive quarter over $100B, up 35% YoY → $3.2B revenue, up 34% YoY → $476M free cash flow, 15% margin That’s what a clear strategy, well executed, looks like. For Q2 and beyond, here’s what really matters. AI will accelerate entrepreneurship more than any other job.

🇪🇺🇨🇦📉 3 Reasons Why Canada Joining the EU Is a Bad Idea: 1. Massive Loss of Sovereignty and Democratic Control Canada would have to adopt the entire EU body of law and subordinate key decisions to Brussels. As one of the larger members by GDP, Canada would still be routinely outvoted in a union of ~500 million people where it represents a small fraction of the population and has no geographic tie to Europe. 2. Severe Economic Disruption with the US The US is Canada’s overwhelmingly dominant trading partner (typically 70-75% of exports). EU membership requires a common external tariff and customs union, forcing a hardened border with the US — disrupting integrated supply chains in autos, energy, agriculture, and manufacturing.  Canada’s resource-heavy economy (oil, mining, agriculture) clashes with stricter EU regulations, particularly the European Green Deal, which would further kneecap energy development already slowed by domestic rules and immediate loss of access to the US market. Almost overnight we’d become a welfare state. 3. Policy Misalignment on Migration, Borders, and Domestic Priorities EU free movement and asylum rules would open Canada to much higher inflows from across the EU and beyond. With Europe’s ongoing migration pressures (asylum seekers in major cities), this could strain housing, services, and social cohesion in Canada — a country already facing affordability and healthcare crises.  Europe used to be a global powerhouse in innovation and productivity but poor policy decisions have relegated it to a collection of low productivity/slow growth countries on the decline where the only bright lights are the countries that have resisted EU doctrine (ie Poland). Who wants to join that club? In the last 12 months if you’ve railed against the 51st state rhetoric, I hope to see your posts rejecting becoming the 28th EU country. Waiting… #EuropeanUnion #cdnpoli #MarkCarney

🇺🇦 🇨🇦 The Cheque Is in the Mail Is there any limit on what Canada will give to Ukraine? With the latest $270M pledge this totals $25.8B in support which puts Canada #1 on the most per capita spending. We do this while many communities in Canada are still boiling water, food banks are lined up and we run record deficits. We also do this while ignoring the numerous scandals and misappropriation of funds at the hands of Ukrainian officials and western diplomats. Should we keep sending Ukraine money without any accountability on how money is spent? #ukrainewar #ukraine #cdnpoli

💴 🚫 Sovereign “Wealth” Fund: No Money No Problem? Hats off to the CBC for this balanced and objective piece on Carney’s Sovereign “Wealth” Fund. They make the case that this is likely to be more of a PPP (Public Private Partnership) than a Sovereign Wealth Fund. You know the kind of fund where the Canadian taxpayer backstops the risk and the connected private insiders participate in the profits. Who in their right mind would invest in any government lead projects. Need I remind you of these recent failures: -PrescribeIT ~$300 million ($40 million was original budget and nothing accomplished) - Arrivecan ~$60 million ($80k was original estimate called up to $2.35m). - Canada Infrastructure Bank ~$35B in 2017 towards 63 projects. 5 completed as of 2025. - Green Slush Fund ~$1B and after 186 conflicts of interest identified it was shut down. Even the CPPIB knows Canada is not the best place to invest with just 12% of the CPP invested here. My take is you’d have to be insane to invest in this type of Fund lead by the most inept and corrupt government of our generation. Would you willingly invest in Carney’s Fund? #cdnpoli #sovereignwealthfund #Carney

Well said, I often say that they can’t be wrong this many times accidentally. There’s an agenda and purpose to all of it and it’s on display across the western world with common themes (failed immigration policies, enhanced social benefits packages with loosening of controls and fraud detection, increased censorship laws while leniency granted for real crimes…).

When people point to Mark Carney’s credentials and say he’s failing, I think they’re missing the mark. I’m usually the first to say education doesn’t equal intelligence—but in this case, that argument doesn’t hold. He’s not incompetent. He’s highly capable. Which is exactly why I don’t believe this is accidental. You don’t let a country slide this far, this fast, by mistake. This isn’t someone trying and failing. This looks like someone executing a plan. A plan that leaves people more dependent, more strained, and more willing to accept control. And here’s the kicker—while that’s happening, the 1% are quietly exiting. That’s not a coincidence. That’s a signal.

🇨🇦 The Fatal Conceit: A Mark Carney Biography? I recently revisited this book a friend had gifted me and it got me thinking of our Prime Minister. First, let me dispel that unlike the tag line of the book I don’t think Mark Carney is a socialist, certainly not in the classical sense. It’s hard to make the case with his resume (Chairman of a publicly listed company, investment banker at Goldman Sachs..) unless you think the lines of crony capitalism blur with late-stage socialism. You know, the kind of system where market benefits are concentrated in the hands of insiders; be it the politburo or the globalist elite. Regardless, the claim in the book is that the ‘fatal conceit’ is the arrogance that there can be no order without human design and central planning. This closely resembles Mark Carney’s brand as a technocratic centralist. Carney’s climate and industrial policies assume experts can identify “risks” (e.g., climate as a financial threat), design frameworks, and direct capital/investment toward “net zero” or strategic sectors without disrupting the knowledge-discovery role of markets. Additionally, Carney’s emphasis on policy “filling in” behind private efforts, sovereign funds for infrastructure, and coordinated transitions echoes the idea that rational design can improve on organic markets. I would counter that such guidance still embodies the conceit, crowding out innovation, creating dependencies, and risking political favoritism (e.g., connected firms benefiting from green subsidies or projects). The latter we see on display in the almost weekly scandals (space pad, PrescribeIT…). Do you think Mark Carney is a socialist, capitalist or centralist? #economy #cdnpoli #socialism

@CityNewsTO @JenniferLiaXi x.com/ericsthor/stat…

Majority of Canadians believe national economy is on the wrong track: poll. toronto.citynews.ca/2026/05/01/maj…

🇨🇦 👷Mark Carney’s Announcements Read Like An Admission of Failure. Imagine a country that imported 4 million new Canadians over a decade, has record unemployment and still has a skilled labour shortage of 80,000-100,000 tradespeople. How can that be? Here’s a guess: - we opened up the student diploma puppy mills - we offered lucrative programs to not work - we allowed arbitrage of businesses to sell low skilled workers TFW permits abroad - we recognized refugee status on a purely economic basis (ie India, Mexico) - we allowed professional associations to gate-keep (recall the ‘blue seal’ proposal by the CPC to address this). Because of the above failures we’re budgeting $6B of taxpayer money or $67,000 per skilled tradesperson instead of taking the ‘foot off the neck’ of private industry and reinstating an immigration standard. 🤯 Am I being cynical or is this a winning plan? #cdnpoli #jobs #skilledtrades

@KirkLubimov @dkreative1 You can use it as an asset if you don’t intend to pay the CPP plan holders. 🤔

The Liberals have been using the CPP & QPP's assets in their calculations to show that the federal debt is lower than it is. It's not only creative accounting but a straight-up lie. I've been calling this out for years and glad to see it now mentioned on CBC as this lie being parroted by voters all the time. "we're facing a rising debt-to-GDP ratio, especially when you combine it with the provinces. The government is not only unconcerned about this but presents a kind of a cack-handed way of explaining it, where if you subtract the CPP and the QPP, we have a debt-to-GDP ratio of only 10%. Well, you can't actually use pension funds to pay off your debts; it's a completely bogus comparison."

⏰💵. In honour of tax filing deadline day I thought I would pull together a ‘Top 5’ list of even better ways to ‘find money’ than the CBC article suggests. 1. CRA erroneous ~$5 million tax refund (May 2025)�The Canada Revenue Agency issued nearly $5 million ($4.96M) to a B.C. ‘businesswoman’ based on a flagged but approved “bogus” return claiming ~$10M in foreign (UN) income and equivalent taxes paid—despite her typical ~$54K annual earnings. It was red-flagged for review but still processed. Remember this as the CRA hassles you for that missed T5 slip for $137 that arrived late in the mail. 2. Governor General Mary Simon’s military travel spending (~$3 million in 2024–25). National Defence costs for her travel rose 21% (~$3M total, including personnel/equipment) despite prior parliamentary scrutiny and temporary restraint. She should travel to a food bank and drop off some canned goods.  3. Global Affairs Canada alcohol/hospitality spending (~$51,000 per month)�Highlighted in CTF’s 2025 Teddy Waste Awards for ongoing booze tabs amid deficit pressures. This plus the PMs inflight meals makes me wonder if Brookfield has acquired an inflight catering company. 4. PrescribeIT ~$300 million dollars for a failed federal e-prescribing program. It had very low adoption (<5% of prescriptions) and is being shut down on May 29, 2026. Insult to injury was the CEO was paid ~$900,000/year which included a performance bonus of $200k+. Is the ‘performance’ in the room with us? 5. Auditor General report on International Student/Temporary Foreign Worker Program reforms needed $3B. In 2025, over $1.1 billion in CCB went to temporary residents (including international students and foreign workers). Despite flagged implementation issues, including failure to act on hundreds of fraud cases no action was taken. I’m reminded of the temporary foreign worker/international student with 6 passports with different names. Why would that be? These are just some of the more recent abuses of the taxpayer purse, what did I miss? #taxseason #cdnpoli