fiftythree

@lisaabramowicz1 Note: these companies together form over a third of the S&P's weighting. It's not really that shocking, at that point, if you take into account that some other companies (banks, etc...) were down.

Just five companies - Alphabet, Nvidia, Amazon, Broadcom and Apple - have accounted for half of the S&P 500's growth since April. ft.com/content/7599af…

@hrh_elliot I mean, that's a little misleading. Obviously Airbus isn't the only employer for the production of the A220, in Quebec. You can't *only* count Airbus employees. Probably at least ~10k indirect jobs that can be directly and explicitly linked to A220 production, as well.

A HUGE FACT the media did NOT mention about today's BIG announcement AirAsia buys 150 A220 to be built by Airbus Canada in Mirabel, Quebec Carney & Frechette pull a victory lap gloating But here is what they omitted to mention: The A220 only exist because Bombardier built the model known as the CSeries... - In 2015, the Québec government invested roughly US$1 billion (about CAD$1.3B) into Bombardier’s struggling CSeries jet program to prevent its collapse and protect aerospace jobs in Québec. - The program suffered from major cost overruns, delays, weak sales, and trade disputes with Boeing in the U.S. - In 2018, Bombardier handed majority control of the CSeries program to Airbus for $1, rebranding it as the Airbus A220 (yes... $1) - By 2021, Québec’s original investment had been officially valued at $0 in provincial financial statements - Québec later reinjected even more money (2022 and 2024) to maintain its 25% stake in the Airbus A220 partnership - In 2025, Québec wrote down another $400 million tied to the A220 investment, acknowledging it may not recover a large portion of taxpayer funds. Total invested by Quebec = $1.7 BILLION Total jobs saved... 4,600 or $369,565/Jobs This doesn't deserve a victory lap It deserves a funeral for the tax payers ctvnews.ca/canada/article…

@LiveLife8898 @MarkJCarney Profitability kicks in as the platform matures and supply chains gain efficiency.

@LiveLife8898 @MarkJCarney That's entirely normal in the early days of plane production - which is why Airbus took the program over from Bombardier (who wasn't solvant enough to take up all the costs associated with building a new aircraft).

Today’s agreement between Airbus and AirAsia is the largest single order of commercial aircraft in Canada’s history. 150 Airbus A220-300 aircraft will be built by Canadian workers on Canadian factory floors — supporting thousands of careers across Canada and here in Mirabel, from the skilled trades to engineering.

@LouisRo96503649 @MarkJCarney Airplane contracts (this is a firm order), are rarely cancelled, as these deals come with clauses ensuring 100s of millions in compensation if cancelled. The current oil shortage won't affect it much either, because this is a contract over the next decade or so regardless.

@MarkJCarney Unfortunately, this contract is likely to be cancelled due to a severe shortage of kerosene and petroleum products in Asia, which will put significant financial pressure on the company in the coming months.

@JPetty91863 @MarkJCarney It's a firm order, no MOU. Those usually don't fall through in the aircraft industry, as either side relingquishing on the deal would lead to 100s of millions in compensation.

@MarkJCarney Big announcement now but when this falls apart and doesn’t happen you’ll just slither away into the shadows claiming you aren’t the only spokesperson for the liberal party.

@buildbetterca @MarkJCarney Quebec *does* own 25% of the A220 program in particular, though. Given that the plane was developped in Quebec, there is little reason for them to move prdocution elsewhere.

@MarkJCarney I’m sorry but Canada doesn’t own Airbus and begging other countries to build things here is embarrassing.

@dnmtrail1 @MarkJCarney @EvanLSolomon The program will almost certainly last at least another 20 years, with Airbus also signalling that they're interested in further developping the aircraft - notably, an A220-300 has a lot of cistomer demand.

@dnmtrail1 @MarkJCarney @EvanLSolomon The C-series admittedly did take around ~3 billion in government subsidies to get going (which isn't *that* much for a new plane). However, it's a fairly successful program now - the planes are successful, well-liked, and Airbus pays Canadians over 500 million in salaries yearly

@Valerie13545454 @MarkJCarney 10 planes a month are being built by Airbus in Mirabel atm - that's approximately 6 billion cad/year in value.

@MarkJCarney This is laughable! By the time production is in place &all the red tape dealt with it will be yrs from now for even just one to be built &during this time… the Canadian factory will move to the USA. Or cnds will have to subsidize it in the tune of billions before it dissolves.

@ChadleyWhistler @MarkJCarney @steeletalk The A220s here are being built in Quebec. This will likely stay the case, given that the government owns 25% of the program.

@MarkJCarney @steeletalk Why aren’t you promoting bombardier? What fucking interest do we have in airbus and air Asia ?

@smith1095 @JJ_McCullough I mean yes it's primarily "just" gas prices, but 60 dollars extra on the barrel has massive economic *and* political consequences. For example, it'll increase the ties between Russia and China.

@JJ_McCullough Aside from gas prices, which obviously has a far reaching impact, I haven't seen much political fallout. The only time I see updates on it are from Trump himself, the media has moved on. Given the economy was already flailing here, gas prices suck, but so does everything.

Thinking about the current US-Iran war and its impact on world affairs, the global economy, American politics and so on, would you say the conflict has been:

@thomas_je43740 @bacchaus351 @HQNewsNow How so? Iran has been annoying for quite some time, I just don't think this was remotely effective, and likely caused more damage than it helped.

Marco Rubio says the goal of the war in Iran is now to restore it "back to the way it was" before Trump started the war in Iran

@thomas_je43740 @bacchaus351 @HQNewsNow Iran again, once the situation is restored to the previous status quo.

@bacchaus351 @HQNewsNow No? Who is funding Hezbollah and Hamas now?

@JJ_McCullough I mean, it's not like it's a blowout in other age groups, either. Carney wins the boomers, and is essentially tying the other three age groups.

There’s not really an easy way to explain this, aside from Canadian boomers being captive to a very strange and particular anti-American obsession that Carney is very good at pandering to. But it’s encouraging it doesn’t work on other age groups.

@Ol_Pete1926 @JJ_McCullough It's one of those online issues that isn't reflected in any strong social or political movement in the real world.

@Ol_Pete1926 @JJ_McCullough Neither Quebec nor Alberta separatism is going anywhere, lmao. Quebec used to have far, *far* more momentum than it does today. Alberta separatism never was there in the first place.

This is a shockingly virulent screed against the United States, published in Canada’s self-proclaimed leading national newspaper, written by two elite academics. Unhinged anti-Americanism is a seriously toxic, destructive force in Canada that needs to face more resistance.

@JJ_McCullough I have no clue who either of these people are, thus, I'll have to say no to at least "famous".

In the little world of my beloved mentee Jreg and his friends, they all operate on the assumption that two guys, one named Nick Land and one named Mark Fisher, are very famous and important. Do you think this is true?

@qiaohuanxin The main issue is that all the solutions are either much more expensive than the drones they're countering, or heavily restrict the functionality of the tank.

一个视频讲清楚无人机与坦克的斗法。

@allygam @JJ_McCullough And I was saying that that's not a reasonable thing to compare it to, because you're comparing a highly selectively chosen group of the worst cases to make a conclusion on a broader problem that affects, apparently, most.

@fiftyth20831725 @JJ_McCullough You idiot. Read what I wrote. Lack of school attendance is a sign of broader neglect issues. How hard is it to understand what is written? I guess this is what happens to folk who didn't attend school regularly.

I’m sorry this statistic is absolutely insane