Charles Lammam

Some are calling for windfall profit taxes on corporations. But Canada has been on a corporate tax revenue bender lately. Total corporate tax revenue has grown steadily since 2008. As a percentage of all government revenue, it grew from 9.1% in 2008 to 12.8% in 2024.

Despite the national pride tied to counter-tariffs, Canada’s 2025 experiment shows they amounted to shooting ourselves in the foot. New BofC analysis finds prices for affected goods rose when the tariffs were imposed and fell once they were lifted. bankofcanada.ca/2026/05/sparks…

The plan to cut the base CPP rate from 9.9% to 9.5% next year is a step in the right direction. But today's workers are still being overcharged to make up for the underfunding of earlier generations. The 9.5% rate is still above the 9.2% actuarial floor for long-term solvency.

We keep hearing annual FDI inflows to Canada in 2025 were the highest since 2007. But nominal figures are misleading. Our economy is more than twice the nominal size now. As a % of GDP, FDI net inflow in 2025 was ~2.9% – less than half the 8.0% in 2007. What am I missing?

On conduct regulation: Canada is one the least restrictive

The overall index has two components: 1/ entry regulation and 2/ conduct regulation On entry regulation: Canada is the 4th most restrictive

Listened to your latest pod @SteveSaretsky @RichardDias_CFA @IceCapGlobal FYI - According to the OECD’s measure of real estate agent regulation: Canada is the 6th most restrictive among 38 countries - based on their overall index

7 of 10 Canadian provinces fall below our national GDP per capita $59,529. Most concerning is that Ontario and Quebec - the two most populous - are among them. Hard to improve national performance when the provinces home to over 60% of the population are in this position.

With each budget, the Trudeau government increased spending projections. The Carney government continues the trend, despite the 2025/26 aberration. So much for "spending less”

New Statscan report looks into the housing market outcomes of millennials, Gen-Xers, and baby boomers at ages 25-39yrs. The results aren’t surprising; just a bit depressing ex: millennials live with parents at double the rate (16.3%) of boomers (8.2%). www150.statcan.gc.ca/n1/pub/46-28-0…

Canada spends more on “residential investment” than any other advanced nation. Here’s why being a real estate economy isn’t a winning position. Teaser: it’s costing us productivity and long term prosperity.

Shai Gilgeous-Alexander on consistency being a muscle you can grow, what discipline is, and why you can't only have it in times of prosperity: 💪 Consistency isn’t a trait you’re born with, it’s a muscle you build. Every time you follow through when it’s inconvenient, you add another rep. The strength doesn't show up until at some point in the future, but it’s earned in the now. 😁 Anyone can be consistent in times of prosperity. The real separator is doing the work when motivation disappears. That’s where identity is truly formed, you find out who you are, not in the spotlight, but in the resistance. 📌 Discipline is doing what matters most when you least feel like acting on it. If you only rely on consistency in good times, it becomes a crutch. If you train it in hard times, it becomes a competitive advantage. Champions aren’t determined by flashes of greatness, but by how RARELY they drift below their standard of success. They don’t use the consistency muscle in a reactionary way, instead they train it daily so the habit of success has somewhere to live. 🏠

The new report shows that the number of self-employed Canadians with paid employees peaked at about 867,000 in 2005. By 2025, that number had dropped to 716,000, a decline of 17 per cent, even as Canada’s population grew by roughly one-third nationalpost.com/news/canada/ca…

Canadian entrepreneurship in 'sharp decline,' warns think tank nationalpost.com/news/canada/ca…

Canada has a leaky human capital bucket. Highly educated and skilled immigrants leave at twice the rate of those with lower skills. The pipeline changed: a lower share of economic immigrants and a shift toward a lower-quality human capital pool.

At 103%, Canada has the highest household debt-to-GDP ratio in the G7 - second highest in the OECD. Since 75% is mortgage debt for an asset, we shouldn't worry, right? Beyond systemic financial risk, being a real estate-driven economy has cost us productivity.

Looks like policy changes are finally coming to prioritize high-skill/wage talent... Full @TheHubCanada article here: thehub.ca/2026/04/22/can…

.@CharlesLammam: At 103 percent of GDP, Canadian households have the most debt in G7 thehub.ca/2026/04/20/at-…