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jimbostanford.bsky.social
Economist and Director of the Centre for Future Work in Vancouver, Canada (https://centreforfuturework.ca/). He/him. Harold Innis Industry Professor, Economics Dept., McMaster University, and Honorary Prof. of Political-Economy, University of Sydney
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youtube.com/watch?v=aoSa... @jimbostanford.bsky.social

What a treat to work with the awesome Linda Silas of @cfnu.bsky.social on this article in @nationalpost on the economic importance of health care: nationalpost.com/sponsored/no.... Health care isn't just a cost, it's an economic engine. And it will help defend our economy against Trump. #canlab

The Centre for Future Work has dropped a new 3-min video in our 'Debunkers Academy' series: this one showing that Canada's economy can survive Trump's attacks, and is less dependent on exports than commonly assumed. Check out 'Not So Global': youtube.com/watch?v=aoSa... #canlab /2

What is the future of Canadian manufacturing, and what's needed to support workers during Trump’s tariff war? @spaikin.bsky.social asks Michelle Chretien (Conestoga College), Jayson Myers (NGen), Brendan Sweeney (Trillium Network), and @jimbostanford.bsky.social #cdnpoli #cdnecon

Crude oil prices are down $14/b (20%) in the last week. Apart from acute embarrassment for Danielle Smith (who called Trump's tariffs last week a "big win for Alberta & Canada"), there's an important lesson to be learned here about how crude oil futures markets work. #cdnecon /2

BMO: “.. The ‘Buy Canadian’ movement is deepening .. We judge that this shift in attitudes could add roughly $10 billion to the Canadian economy annually, lifting growth by 0.3 ppts (+/- 0.2 ppts).” 🇨🇦

Great counterfactual from @grogsgamut.bsky.social for @futurework.org.au and @australiainstitute.org.au: what would Australia's minimum wage look like if the FWC had followed corporate demands over the last 10yrs? $160 less per week per worker. More: australiainstitute.org.au/post/if-busi...

ICYMI, @cdnhealthcoalition.bsky.social hosted a great session with @jimbostanford.bsky.social & @angella.bsky.social on the trade war, and what it means for Canadian healthcare. www.youtube.com/watch?v=BJop...

Very thoughtful words from @fwilson2.bsky.social about where North American workers stand in the face of Trump's trade wars: medium.com/@jefred.wils.... #canlab

The consumer price was only small part of the emissions reduction policies. The industrial price and the oil and gas emissions cap can have a bigger impact... if the govt keeps them! Still, without the consumer price, we need investments and/or regulations in transportation and heating/cooling.

Who did this

Congratulations, boss, you've done it: You're bigger than covid.

Tesla’s vehicle sales fell 13% in the first quarter, dragged down by the changeover of its most important model and international backlash against Elon Musk

Affordability is a big issue in this election. But let's be clear about where the problem came from. Higher fossil fuel prices (driven by speculation, not a 'supply shock') were the biggest single cause of the post-COVID surge in inflation. Full report: www.falseprofits.ca/reports

Apparently controversial things in some circles of #cdnpoli 1) You don't need to be a homeowner to be a parent, not even a "good" parent. 2) Choosing to not have kids is a perfectly reasonable choice. 3) The youngest Millennial women will be turning 29 in 2025, eldest will be turning 44. 1/2

Vancouver Mayor Ken Sim and his tech-bro image — T-shirts, headset mics and an exercise bike at work — makes his current crypto cheerleading on-brand. It’s symbolic for now, but could Sim’s ABC majority really make a “bitcoin-friendly city”? @jimbostanford.bsky.social writes. 🪙 #vanpoli

Ken Sim's Bitcoin obsession is more than a waste of time. If he's allowed to make it policy, he'll put public finances at risk. From @jimbostanford.bsky.social in The Tyee: thetyee.ca/Analysis/202...

Using taxpayer money to jump on the phony crypto bandwagon is a path to civic bankruptcy, not fiscal resilience. My take on Ken Sim’s gimmicky crypto infatuation for The Tyee: thetyee.ca/Analysis/202... #vanpoli #cdnecon

Food retail profits set a records $6.3b in 2024, more than 2x pre-COVID norms. The profit margin (as % of revenue) has also doubled even as profits in other industries fell. So the @ndp.ca proposals to bring down food prices & profits are timely. My take: www.progressive-economics.ca/2025/03/yes-...

I will join Ian Hanomansing on CBC Radio’s Cross Country CheckUp at 4pm EDT to discuss the latest twists and turns from Donald Trump: What comes next and how can Canada respond? I look forward to your calls!! #cdnecon #cdnpoli #canlab

Jim is exactly right. There will be real pain for Canadians and many sectors. But a huge part of our economy is not export exposed and not directly vulnerable to Trump. Think local. Invest local. Build local.

www.thestar.com/business/opi... ‘in important ways, we are actually less reliant on foreign trade than commonly assumed. Almost 80 per cent of what we produce never crosses a border. It’s produced in Canada, by Canadians, for Canadians’ @jimbostanford.bsky.social

"Trump’s concocted grievances have no relation to reality." But Canada will survive! New from @jimbostanford.bsky.social

Trump’s threats to Canada’s export industries are a huge challenge. But almost 80% of what we produce is made in Canada, by Canadians, for Canadians. We absolutely have the capacity to survive, and thrive, despite him. My take for Toronto Star www.thestar.com/business/opi.... #cdnecon

"oil price spikes cost Canadians nearly $200 billion in three years from 2022 to the end of 2024. Over the same period, oil company profits grew by $151 billion relative to pre-pandemic levels."

Thank you Marc-Andre!!

Thank you Lisa!! Here’s the full report we were discussing: centreforfuturework.ca/2025/03/19/n....

This is an outstanding article by @zoeyunker.bsky.social for @thetyee.ca, documenting how higher fossil fuel prices were the leading cause of post-COVID inflation & hence Canadians' affordability concerns: thetyee.ca/News/2025/03.... Costs of the 2022 oil shock=$12000 per household over 3yrs. /2

Such excellent research/analysis from @jimbostanford.bsky.social at the Centre for Future Work, on the true roots of the affordability crisis in Canada: 👉Primarily, dependence on fossil fuels for industry, electricity, heat, and transport. Recommendations almost write themselves. bit.ly/3FAfo3w

rabble.ca/economy/foss... - @jimbostanford.bsky.social outlines why fossil fuel markets are a poor basis for an energy-dependent economy, and how we can electrify our way out of a number of problems at once.