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Meet the migrant workers Canadian farmers depend on to harvest their crops

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Matt Lundy @mattlundy.bsky.social · 11d

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...

In Ontario’s Norfolk County, workers are shaping the community, changing lives back home and keeping food on our tables

The summer funk isn’t over yet for young, jobless Canadians

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Matt Lundy @mattlundy.bsky.social · Sep 5

Microsoft went public when Trump was nearly 40.

FinTwitter @fintwitter.bsky.social · Sep 4

Donald Trump Declares "I Owned Microsoft Stock At 28"

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Matt Lundy @mattlundy.bsky.social · Aug 29

Why is youth unemployment so high in Canada? Here's our feature (and a gift link):

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

Matt Lundy @mattlundy.bsky.social · Aug 13

Really enjoyed this!

Canada is building lots of rental housing – and losing interest in condos

Reposted by Matt Lundy

Luke Kawa @ljkawa.bsky.social · Aug 1

No other way to slice it: this is incredibly fucked up.

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Matt Lundy @mattlundy.bsky.social · Jul 17

And here's what the trend looks like:

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Matt Lundy @mattlundy.bsky.social · Jul 17

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.

Rental housing starts are in a boom period, at nearly double the condo starts over the last year

Exclusive | Two Kevins Battle to Be Next Fed Chair in Trump’s Apprentice-Style Contest

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Matt Lundy @mattlundy.bsky.social · Jul 9

This lede. 😂

"Two Republicans named Kevin are vying to be the next chairman of the Federal Reserve."

Kevin Hassett emerges as contender to succeed Jerome Powell, posing possible threat to Kevin Warsh

www.wsj.com

Opinion: Trump’s trade goals are becoming clearer. Brace for impact, Canada

Matt Lundy @mattlundy.bsky.social · Jul 8

"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."

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

Eight lessons learned in 27 years of covering personal finance and investing

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Matt Lundy @mattlundy.bsky.social · Jun 25

👀 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."

Even though we are in a golden age of personal finance, things are tough for both young and old

CMHC gives up on goal to return to 2004 housing affordability levels

Matt Lundy @mattlundy.bsky.social · Jun 19

💀 "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...

2019 will now be used by the national agency as a more realistic benchmark for housing

Exclusive | Economists Raise Questions About Quality of U.S. Inflation Data

Matt Lundy @mattlundy.bsky.social · Jun 11

Meanwhile, imports from New Zealand and Australia have jumped ~30 per cent, year over year. France and Italy have risen by 13.6 per cent and 7.6 per cent. Importers are filling the US-sized hole in supply.

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Matt Lundy @mattlundy.bsky.social · Jun 11

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...

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Matt Lundy @mattlundy.bsky.social · Jun 4

👀

Jed Kolko @jedkolko.bsky.social · Jun 4

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

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

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Matt Lundy @mattlundy.bsky.social · May 27

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

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Reposted by Matt Lundy

FinTwitter @fintwitter.bsky.social · May 26

Trump does not plan to produce t-shirts or socks in the United States

How a Canadian suit maker got slammed by Trump’s China tariffs

Matt Lundy @mattlundy.bsky.social · May 22

My story on Spier & Mackay (a favourite of @dieworkwear.bsky.social), which has faced US tariffs as high as 170% this month.

Despite shipping all its products from Mississauga, Spier & Mackay has faced U.S. tariffs as high as 170 per cent this month on its Chinese-made garments

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Matt Lundy @mattlundy.bsky.social · May 14

Outstanding pick.

The job market for new Canadian graduates is brutal – and could get even worse

Matt Lundy @mattlundy.bsky.social · May 2

This is one of the worst job markets for university/college grads in decades. “Youth have borne the brunt of Canada’s weaker labour market,” says one economist. www.theglobeandmail.com/business/art...

The jobless rate for recent grads is one of the worst in decades, excluding the pandemic, as young workers bear the brunt of Canada’s weakened labour market

In Ontario, selling at a loss becomes commonplace

Matt Lundy @mattlundy.bsky.social · May 1

Thanks, Armine!

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Matt Lundy @mattlundy.bsky.social · Apr 30

"Across Ontario, 25 per cent of properties bought in 2022 and sold in 2024 suffered a loss in value. The median loss was $45,000, while in the Toronto-region it was a little higher at $56,000."

A quarter of properties bought in 2022 and sold in 2024 lost value, study finds

First-time homebuyers in Ontario are getting older, and fast

Reposted by Matt Lundy

The Globe and Mail @theglobeandmail.com · Apr 24

The cost of owning a home has eased for four straight quarters, but this burden remains higher than at any time since 1990

This election was supposed to be about restoring hope for young Canadians. What happened?

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Matt Lundy @mattlundy.bsky.social · Apr 22

"The Globe and Mail asked the Liberals, Conservatives and New Democrats whether they’d like to see their policies bring down home prices. None of them answered the question."

The plight of young people has faded into the background, as the trade war with the U.S. takes centre stage in Canada’s federal election

Opinion: Speed, comfort, low emissions: Europe’s expanding high-speed rail networks offer lessons for train laggard Canada

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Matt Lundy @mattlundy.bsky.social · Apr 22

“When I went to the booking site of Italian train operator Trenitalia … I counted 54 departures on Saturday alone from Rome to Milan – the same distance as Toronto to Montreal.”

The inability to launch a successful Toronto-to-Montreal high-speed train is a national embarrassment, especially since the route is essentially flat