Join us in making Canada the most prosperous country in the world 🏗️🇨🇦
Joined January 2025
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October was a busy month for Canadian democracy. Here’s a look back at four races that reshaped the political map.
Today’s @bankofcanada hike was largely expected by analysts and follows the @federalreserve’s 0.25% hike from last month. 📈
But spectators are divided on whether it’s a preventative move against inflation, or an unnecessary strain on businesses already squeezed by fuel prices.
We have increased our interest rate to 2.50%.
bit.ly/4iJvsBc
#MonetaryPolicy #InterestRates #cdnecon #economy
Our CEO, @lucyhargreaves4, joined Paul Wells on his newest podcast episode to answer a pretty important question: Who is Build Canada and what do we do? 🎙️
youtube.com/watch?v=_Ps2_HWG…
Build Canada retweeted
What is Build Canada, anyway?
It's a great question -- I dove in with Paul Wells to unpack it all.
Last night, voters across Ontario broadly voted to keep their incumbent mayors. 🗳️
In 122 cities, incumbent mayors won new terms while being voted out in only 83.
Build Canada retweeted
With 98.4% of polls reporting as of 10:15pm, #OliviaChow wins the #TorontoElection. 🗳️
🔵 Olivia Chow: 54.1%
🟠 Brad Bradford: 41.2%
Build Canada retweeted
Elections can be costly. Literally. 💸
And they’re getting (understandably) more expensive as time goes on.
Here are the most expensive Canadian elections of the last 10 years (plus tonight’s Toronto election). 🗳️
In British Columbia's provincial election, voter turnout fell sharply.
Pending the counting of mail-in ballots, turnout was down by at least 5 points in every riding.
All in all, this latest investment push for some of Canada's most promising startups sounds good.
But stacked up against our peers, it's not as huge as it sounds.
In 2025, Canada had only 1.2 IPOs per 10M people.
Among the G7, Canada accounted for just 1.5% of IPOs in 2025.
How much are Canadians left with in their pockets after taxes and essentials? 💸
Among major North American cities, Canada’s largest sit near the bottom of the pack for the % of median income left over for median earners.
The highest Canadian city is Ottawa in 24th place.
Build Canada retweeted
“We have been conditioned, for decades now, to flinch at identity talk and to sneer at those who raise it as a live question or problem to be resolved.
But it is vital to understand that the state capacity problems that Canada has, the reason why nothing ever gets built, why the federal government is perpetually overpromising and underdelivering, why this blessed country is not nearly as prosperous as it ought to be, all have their origins in the weakness of our national identity.
Without a story we can tell one another about our collective ambition, about the many on behalf of whom the few are asked to make sacrifices, all we are left with is the buying off of one province or region or another in order to keep the peace.”
buildcanada.substack.com/p/t…
Build Canada retweeted
Andrew Potter is one of the clearest voices in Canada.
I look forward to reading him every single week.
If Canada has a problem getting things built, a big part of the reason can be traced to our refusal to talk about our national identity.
Here's why the ‘who are we?’ question won’t go away, from Andrew Potter.
Build Canada retweeted
U.S. is taking in a lot of Canadians, with immigration numbers up 142%.
Build Canada group says brain drain is a real issue, but it has some 'bold policy choices' that it says could help nationalpost.com/news/spike-…
It’s true.
Canada is facing an IPO drought.
Canada will struggle to find another stock-market success story like Shopify as the country grapples with a public-listing drought and a delisting trend, according to Daniel Nowlan at National Bank Capital Markets bloomberg.com/news/articles/…
As proportion of GDP, 2025’s Canadian IPOs only raised about 0.045%.
That number pales in comparison to Sweden, India, and even Japan’s figures.
A lack of IPOs doesn’t intrinsically mean that Canadian companies aren’t raising money or aren’t IPO’ing on other exchanges.
But when a company like @Shopify grows 178x to-date since it’s IPO, every day Canadians get an opportunity to get in on that growth.
