Matt Lundy
@mattlundy.bsky.social
Economics Editor at The Globe and Mail
📈📉 One year ago this week, Trump threatened Canada with 25% tariffs. Since then, the country has changed dramatically.
Here, in text and charts, we look at 29 ways that Canada has changed in this very turbulent year.
Here, in text and charts, we look at 29 ways that Canada has changed in this very turbulent year.
Twenty-nine ways that Trump has changed Canada
A year ago, the U.S. President first unleashed his threats of tariffs and territorial expansion. Now, our country is different politically, culturally and economically
www.theglobeandmail.com
November 25, 2025 at 9:31 PM
📈📉 One year ago this week, Trump threatened Canada with 25% tariffs. Since then, the country has changed dramatically.
Here, in text and charts, we look at 29 ways that Canada has changed in this very turbulent year.
Here, in text and charts, we look at 29 ways that Canada has changed in this very turbulent year.
Yamamoto is a wizard.
November 2, 2025 at 4:42 AM
Yamamoto is a wizard.
Reposted by Matt Lundy
Great article on the bottlenecks to building better apartments in Canada. If you ask a random Canadian on the street they will tell you they want shorter high-rises, taller low-rises, and more livable apartments with cross-ventilation. Yet politicians and policymakers force the opposite.
“The era of shoebox condos is over” in the Globe and Mail today - a feature on single stair: ”Yet with features such as sprinklers, smoke-sealed doors and more reliable fire alarm systems, mid-size apartment buildings can be just as safe...”
www.theglobeandmail.com/investing/pe...
www.theglobeandmail.com/investing/pe...
The era of the shoebox condo is over. Here’s how Canada can build livable apartments
Canada needs livable apartments to help fix the housing crisis. To do that, it must change the rulebook for both condos and rentals
www.theglobeandmail.com
November 1, 2025 at 9:07 PM
Great article on the bottlenecks to building better apartments in Canada. If you ask a random Canadian on the street they will tell you they want shorter high-rises, taller low-rises, and more livable apartments with cross-ventilation. Yet politicians and policymakers force the opposite.
Stark comments from Tiff Macklem: "Increased trade friction with the United States means all that works less efficiently ... What's most concerning is that unless we change some other things, our standard of living as a country, as Canadians, is going to be lower than it otherwise would have been."
October 29, 2025 at 5:11 PM
Stark comments from Tiff Macklem: "Increased trade friction with the United States means all that works less efficiently ... What's most concerning is that unless we change some other things, our standard of living as a country, as Canadians, is going to be lower than it otherwise would have been."
Most Stellantis workers in Brampton have been on furlough for two years (!). And with the company shifting production to Illinois, they're not confident they're getting their old jobs back.
Laid-off Stellantis auto workers in Brampton face a grim new reality
The auto sector has long had its ups and downs, but this time feels different for its workers
www.theglobeandmail.com
October 28, 2025 at 2:40 PM
Most Stellantis workers in Brampton have been on furlough for two years (!). And with the company shifting production to Illinois, they're not confident they're getting their old jobs back.
The Carney government wants to double non-U.S. exports in a decade. How feasible is that? @markrendell.bsky.social and @jasonkirby.bsky.social break it down:
Can Canada really double non-U.S. exports in a decade?
Idiosyncratic factors such as the price of gold or the number of foreign students could make or break the country’s diversification hopes
www.theglobeandmail.com
October 24, 2025 at 2:09 PM
The Carney government wants to double non-U.S. exports in a decade. How feasible is that? @markrendell.bsky.social and @jasonkirby.bsky.social break it down:
Great piece from @markrendell.bsky.social on Canada's cabinet and furniture makers, who warn of a "blood bath" as the contend with new American tariffs on their orders.
Canadian cabinet and furniture makers warn of ‘blood bath’ as Trump tariffs bite
Industry representatives are asking Ottawa for more support, including protection from low-cost products made in China and Vietnam
www.theglobeandmail.com
October 21, 2025 at 2:54 PM
Great piece from @markrendell.bsky.social on Canada's cabinet and furniture makers, who warn of a "blood bath" as the contend with new American tariffs on their orders.
📈📉 Ten charts that explain Canada's weird, messy and complicated housing markets:
Ten charts that explain Canada’s messy and complicated housing markets
The peak of real estate madness is behind us, but it seems as if the crisis is not going anywhere
www.theglobeandmail.com
October 15, 2025 at 1:58 PM
📈📉 Ten charts that explain Canada's weird, messy and complicated housing markets:
Reposted by Matt Lundy
All seven obstetrician-gynecologists at Kamloops hospital resign
“It is fairly unprecedented for an entire group of physicians to depart, but with the state of obstetrics in our community…we see no viable way forward.”
www.theglobeandmail.com/canada/briti...
“It is fairly unprecedented for an entire group of physicians to depart, but with the state of obstetrics in our community…we see no viable way forward.”
www.theglobeandmail.com/canada/briti...
Seven OB/GYNs at B.C. hospital resign, citing unsafe workloads, lack of support
Years of challenges have made the situation untenable, doctors say in letter obtained by The Globe
www.theglobeandmail.com
October 15, 2025 at 2:48 AM
All seven obstetrician-gynecologists at Kamloops hospital resign
“It is fairly unprecedented for an entire group of physicians to depart, but with the state of obstetrics in our community…we see no viable way forward.”
www.theglobeandmail.com/canada/briti...
“It is fairly unprecedented for an entire group of physicians to depart, but with the state of obstetrics in our community…we see no viable way forward.”
www.theglobeandmail.com/canada/briti...
Terrible, terrible news. One of the great recording artists of the last 30 years.
D’Angelo, Groundbreaking R&B Artist, Dies at 51
From his 1995 debut Brown Sugar to his 2014 comeback Black Messiah, he helped define the neo-soul movement
pitchfork.com
October 14, 2025 at 5:51 PM
Terrible, terrible news. One of the great recording artists of the last 30 years.
A record $1-million fine for violating the rules of the Temporary Foreign Worker Program – nearly triple the previous high.
N.B. seafood processor fined record $1-million for breaking temporary foreign workers rules
Bolero Shellfish Processing hit with 10-year ban on using TFW program, plans to challenge Ottawa’s decision in court
www.theglobeandmail.com
October 8, 2025 at 1:10 PM
A record $1-million fine for violating the rules of the Temporary Foreign Worker Program – nearly triple the previous high.
A nuanced and entertaining read on the TFW program — and specifically its agriculture stream — from @jasonkirby.bsky.social. Maybe the best piece ever written on the program. www.theglobeandmail.com/business/art...
Meet the migrant workers Canadian farmers depend on to harvest their crops
In Ontario’s Norfolk County, workers are shaping the community, changing lives back home and keeping food on our tables
www.theglobeandmail.com
September 27, 2025 at 1:26 AM
A nuanced and entertaining read on the TFW program — and specifically its agriculture stream — from @jasonkirby.bsky.social. Maybe the best piece ever written on the program. www.theglobeandmail.com/business/art...
Microsoft went public when Trump was nearly 40.
Donald Trump Declares "I Owned Microsoft Stock At 28"
September 5, 2025 at 12:01 AM
Microsoft went public when Trump was nearly 40.
Why is youth unemployment so high in Canada? Here's our feature (and a gift link):
The summer funk isn’t over yet for young, jobless Canadians
With the youth unemployment rate at a rare high, Gen Z is scrambling for entry-level work – and there’s no hope of a quick fix, economists say
www.theglobeandmail.com
August 29, 2025 at 12:39 PM
Why is youth unemployment so high in Canada? Here's our feature (and a gift link):
Reposted by Matt Lundy
No other way to slice it: this is incredibly fucked up.
August 1, 2025 at 6:17 PM
No other way to slice it: this is incredibly fucked up.
This is one of the biggest shifts in the Canadian housing market, and frankly a rare bright spot:
We're building a lot of rental units, even as the economics prove challenging for other housing types.
We're building a lot of rental units, even as the economics prove challenging for other housing types.
Canada is building lots of rental housing – and losing interest in condos
Rental housing starts are in a boom period, at nearly double the condo starts over the last year
www.theglobeandmail.com
July 17, 2025 at 9:21 PM
This is one of the biggest shifts in the Canadian housing market, and frankly a rare bright spot:
We're building a lot of rental units, even as the economics prove challenging for other housing types.
We're building a lot of rental units, even as the economics prove challenging for other housing types.
This lede. 😂
"Two Republicans named Kevin are vying to be the next chairman of the Federal Reserve."
"Two Republicans named Kevin are vying to be the next chairman of the Federal Reserve."
Exclusive | Two Kevins Battle to Be Next Fed Chair in Trump’s Apprentice-Style Contest
Kevin Hassett emerges as contender to succeed Jerome Powell, posing possible threat to Kevin Warsh
www.wsj.com
July 9, 2025 at 5:44 PM
This lede. 😂
"Two Republicans named Kevin are vying to be the next chairman of the Federal Reserve."
"Two Republicans named Kevin are vying to be the next chairman of the Federal Reserve."
"Finally, nothing is written in stone in Trump World. There are no binding accords, negotiated over years by experts, spelling out legal obligations in minute detail. ... International trade law is being rewritten with sketches on the back of a wet cocktail napkin."
Opinion: Trump’s trade goals are becoming clearer. Brace for impact, Canada
U.S. President just wants to tell Americans he won, which means the other side must bend the knee, kiss the ring and say thank you
www.theglobeandmail.com
July 8, 2025 at 8:22 PM
"Finally, nothing is written in stone in Trump World. There are no binding accords, negotiated over years by experts, spelling out legal obligations in minute detail. ... International trade law is being rewritten with sketches on the back of a wet cocktail napkin."
👀 From Rob Carrick's (sorta) last column: "A guy once walked up to me while I was showering at the gym to ask if I thought the government would raise the contribution limit for tax-free savings accounts that year."
Eight lessons learned in 27 years of covering personal finance and investing
Even though we are in a golden age of personal finance, things are tough for both young and old
www.theglobeandmail.com
June 25, 2025 at 7:55 PM
👀 From Rob Carrick's (sorta) last column: "A guy once walked up to me while I was showering at the gym to ask if I thought the government would raise the contribution limit for tax-free savings accounts that year."
💀 "Canada’s national housing agency says it is no longer possible to build enough homes to bring housing affordability back to 2004 levels and it will starting using 2019 as a more realistic benchmark." www.theglobeandmail.com/business/art...
CMHC gives up on goal to return to 2004 housing affordability levels
2019 will now be used by the national agency as a more realistic benchmark for housing
www.theglobeandmail.com
June 19, 2025 at 4:47 PM
💀 "Canada’s national housing agency says it is no longer possible to build enough homes to bring housing affordability back to 2004 levels and it will starting using 2019 as a more realistic benchmark." www.theglobeandmail.com/business/art...
In April, Canadian imports of U.S. wine plummeted 94 per cent (!) from the monthly average last year, owing to widespread bans. Gift link: www.theglobeandmail.com/gift/d6b0095...
June 11, 2025 at 2:06 PM
In April, Canadian imports of U.S. wine plummeted 94 per cent (!) from the monthly average last year, owing to widespread bans. Gift link: www.theglobeandmail.com/gift/d6b0095...
👀
Some economists are beginning to question the accuracy of recent U.S. inflation data after the federal government said staffing shortages hampered its ability to conduct a massive monthly survey www.wsj.com/economy/cpi-... via @WSJ
Exclusive | Economists Raise Questions About Quality of U.S. Inflation Data
The Labor Department says staffing shortages reduced its ability to conduct its massive monthly survey, forcing it to turn to less precise guesses.
www.wsj.com
June 4, 2025 at 6:14 PM
👀
Tony Keller on the One Big Beautiful Bill: "It’s reverse Robin Hood economics. It’s stealing from the poor and the future, to give to the wealthy and the present."
Opinion: Trump is inverting everything
The U.S. President keeps doing things guaranteed to yield bad outcomes, rather than upping his odds for success
www.theglobeandmail.com
May 27, 2025 at 2:27 PM
Tony Keller on the One Big Beautiful Bill: "It’s reverse Robin Hood economics. It’s stealing from the poor and the future, to give to the wealthy and the present."