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Ritesh
827 posts

Ritesh
@treadon
AI Models, Build, Build, Build 1 Company sold to AppLovin. 1 Company sold to Zynga.
Canada Katılım Kasım 2008
447 Takip Edilen230 Takipçiler

@TMTLongShort Wow, amazing.
This still required a massive amount of human skill to do along side the AI as an extremely helpful tool.
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@stats_feed Add the year founded to each one @grok. Is the absence of recent large companies a policy issue?
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🇨🇦 Largest Canadian companies (2026, by market capitalization):
1. Royal Bank of Canada
2. Toronto Dominion Bank
3. Shopify
4. Enbridge
5. Bank of Montreal
6. Brookfield Corporation
7. CIBC (Canadian Imperial Bank of Commerce)
8. Agnico Eagle Mines
9. Scotiabank
10. Canadian Natural Resources
11. Brookfield Asset Management
12. CPKC (Canadian Pacific Kansas City)
13. Suncor Energy
14. Barrick Gold
15. Canadian National Railway
16. TC Energy
17. Manulife Financial
18. Imperial Oil
19. Wheaton Precious Metals
20. National Bank of Canada
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@CTVNews The nerve of CTV putting this guy on here, and not the White guy who applied to 300 jobs without a call back, until he changed his last name to Singh on his resume. Then he got multiple call backs. Fuck you CTV.
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@stats_feed How will did South Korea perform in terms of Happiness, Birthrate, and other non-economic benchmarks for human success @grok?
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@jmddotfm @build_canada You can have low wealth inequality and not tax the incentive out of creating business at the same time.
Also, inequality isn't great, but median wealth is better signal. If everyone's wealth doubled, but the top 10% tripled, everyone is net better but inequality goes up.
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@treadon @build_canada Listen, I'm not saying there isn't a problem. I'm saying the solution is definitely not more tax breaks for the ultra rich. Wealth inequality is higher than it has ever been in recorded history. Nothing is going to get better by accelerating that.
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A founder who pulls off a $ 15M CAD exit in Texas keeps 100%.
The same exit in Canada? You'll pay $3.23M in taxes – even more if it's not your first exit.
Canada is in a global competition for founders and we're not rewarding risk the way our competitors are.
Our newest memo, which is also one of our submissions for Pre-Budget Consultations, proposes two solutions.

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Run away spending has pushed taxation to a point where high tax payers and job creators would rather leave than stay.
There is a point where incremental tax causes a net reduction in total tax in the long-run. Canada has crossed that point.
With the exception of Shopify, no major company or employer has be founded in Canada in 50 years.
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@treadon @build_canada Again, not the actual problem. Corporations and millionaires have too many loopholes and vehicles at their disposal to evade taxation. Even currently in Canada.
Do you not look around you and see what's happening?
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@jmddotfm @build_canada What the US does is tax world-wide income, even if you leave. We can do the same, so your only option would be to surrender your Canadian citizenship, but first you'd need to adopt a different one- or pay the tax.
Either way, we need to encourage business here.
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@treadon @build_canada Of course they do because we have a corrupt, morally and spiritually bankrupt neighbour who promotes a winner takes all philosophy and allows them to save $3.7M in taxes. It's the USA that needs to change, not us.
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@Rogpod13 @nationalpost @grok If you have a valid argument and are interested in discourse, put it forward.
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City-run grocery stores unlikely to lower prices, says think tank nationalpost.com/news/canada/ci…

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@jaybuilding @antoinenivard Can you imagine founding in that environment??? Start a new company... Raise $2 million at a $10 million valuation, but then get dinged with a $1 million personal tax bill because of an unrealized capital gain in the company because it raised at that valuation.
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@treadon @antoinenivard Okay, now do Netherlands proposed unrealized capital gains tax
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67% of Canadians starting tech companies are doing it outside of Canada.
You can triple the number of tech businesses who are paying tax and tax paying jobs by adjusting the incentives for entrepreneurs to stay in Canada.
Moreover, with the right rules, we can attract founders from other countries here.
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@build_canada Pay your fucking taxes. Part of the reason the USA middle class is now non existent is because of parasites like you weaseling out of your tax obligations and hoarding all wealth. And now no one can afford to have children. Wake up.
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@build_canada Amazing, we need to encourage entrepreneurs.
The lifetime capital gains capital gains exemption is more of a "serial entrepreneur surtax" for founders who want to commit the horrible act of starting a second business in Canada.
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@6ixbuzztv Canada is super proud of you all! Fantastic work team and teacher.
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@charmreduction @ConradRed4 @fordnation Chill, I made the image on Grok to depict the issue and raise awareness.
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Ontario transit riders have had enough of dangerous, illegal and open drug use on our subways, buses and streetcars.
We’re bringing in tough new rules to crack down on people using drugs on public transit so we can keep our communities safe.
CityNews Toronto@CityNewsTO
#NEW: Ford government to give transit constables power to arrest as part of crackdown on drug use. toronto.citynews.ca/2026/05/04/tra…
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@nationalpost @financialpost Out of all the money wasted by the federal government, "saving" $25B is probably the least of all evils.
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From our partners @financialpost:
How Carney's new sovereign wealth fund could backfire on the economy
financialpost.com/investing/sove…
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@Breaking911 She can fit way more stuff into each bag. One lettuce that's already in a produce bag is going in to a shopping bag, wtf.
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