Francis Gagnon
@gagnonfrancis.bsky.social
Recherche sociale, photographie, un trop plein de café et beaucoup de pizza.
📸 : www.francis-gagnon.com / @francis-gagnon.bsky.social
📸 : www.francis-gagnon.com / @francis-gagnon.bsky.social
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All eyes on Carleton, where Pierre Poilievre is in the battle of his life fighting off 90 challengers
Currently zero polls reporting
Currently zero polls reporting
April 29, 2025 at 2:34 AM
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Reposted by Francis Gagnon
Please note that if you use "prime minister elect" to refer to Mark Carney, a Canadian constitutional scholar will come to your home and smash your windows.
April 29, 2025 at 2:15 AM
Please note that if you use "prime minister elect" to refer to Mark Carney, a Canadian constitutional scholar will come to your home and smash your windows.
Reposted by Francis Gagnon
Relieved to see that the Budget Lab numbers are close to my back-of-the-envelope estimate. We're still looking at a shock an order of magnitude bigger than Smoot-Hawley
• 2025 tariffs raise the average effective tariff rate by 22.9pp *pre-substitution*, before consumers & business shift purchases, similar to pre-Apr 9 announcement.
• *Post-substitution*, China imports collapse to 4% of imports, so 2025 becomes a 15.7pp increase in avg.
2/7
• *Post-substitution*, China imports collapse to 4% of imports, so 2025 becomes a 15.7pp increase in avg.
2/7
April 10, 2025 at 4:09 PM
Relieved to see that the Budget Lab numbers are close to my back-of-the-envelope estimate. We're still looking at a shock an order of magnitude bigger than Smoot-Hawley