Martin Pelletier
@MPelletierCIO
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Senior PM @TriVest_WAPC | CFA Charterholder | Invest Pro Columnist @fpinvesting | Risk-Managed Investing | Market Strategy | Views my own | No checkmark not me
Calgary, Alberta
Joined November 2010
My daily living motto is to constantly remind myself that outside of health and tragic events, most things happen FOR you not TO you. We can go to the default 1) poor me or 2) blame them or be brave enough to go immediately to 3) what am I going to do about it?!. What is
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To American followers, you absolutely have to see this.
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No I don’t live in China. Welcome to Trudeau’s Canada.
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Someone close to me lives in a seniors 55+ complex. Her dog died, and her neighbour who is on the board sent her a letter a week later threatening to fine her because she was seen carrying her dieing 7lb dog in her arms to her car through the lobby instead of using the mandated.
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To anyone considering Canada as a destination please be very careful as our health care in shambles. Massive immigration has flooded the system and we have a shortage of doctors and nurses. My son has been in the hospital all day today as was told to go in for Meningitis test.
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Hey @theJagmeetSingh why are you holding the entire country hostage by supporting this very dysfunctional government?.
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Kind of crazy to think Justin’s wedding party was in charge of our country the past decade.
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Time to bring out this bad boy again. To my American followers, you have to see this.
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I just can’t believe Canadians are defending Trump and tariffs. My God.
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Borrowing $6 billion to give people $250 cheques via a consumer tax holiday at Christmas when the @bankofcanada is trying to normalize rates against inflation is beyond irresponsible. Wake up Canada.
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Canada is held hostage by a govt with support of only 22% of the people. This is because the govt is being supported by a NDP party that has even less support - simply so they can all get their pensions. In the meantime our economy pays the price. 🤷♂️.
Wow.
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The taxes so high in Canada, we’re getting crafty. 🤘🤫
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Holy shit. @PierrePoilievre ⬇️⬇️⬇️. With a population of roughly 336 million, that is the equivalent of one IRS employee for every 4,049 U.S. residents. In Canada, with a population of roughly 40 million, we have one CRA employees for every 676 residents — or roughly six times.
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Trudeau has absolutely destroyed the LPC. 19% of the vote outside Quebec. He has lost the mandate to govern. We need an election.
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So funny. I love Scotland. My mother was a Campbell. Need to go back. During a U2 concert in Glasgow, Scotland, Bono asked the audience for total quiet. Then in the silence, he started to slowly clap his hands. Once every few seconds. Holding the audience in total silence, he
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$200million in Fartcoin . I’m telling you folks, this is now worse than the Tech Bubble in 2000. Few of us lived it.
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Canada is in a recession masked by immigration levels. It will get ugly, real ugly and so buckle up.
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“What about the 40% taxes I’m paying and I don’t have a doctor?”.
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Put your political views completely aside and simply watch how he handles this type of questioning.
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Canada in a recession masked by immigration with zero economic per capita growth in 6 years and our minister of finance is cheerleading being the first to cut interest rates. What a complete gongshow.
Good news for Canadians: the Bank of Canada is cutting interest rates again. We were the first G7 country to cut rates in June and July and now the first to cut rates for a third time. This is welcome relief for so many Canadians and shows that our economic plan is working.
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To my American followers, please read this. In Canada, you need $200,000 income to qualify to buy an average home. This is just shy of the $246k where you are taxed at rates over 50%. If your family income is above $90k, you’re pooched.
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As a Canadian, not sure what scares me more, the existing Federal government or the fact that 40% of Canadians support extreme left wing policies.
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Trudeau called ER doctors tax cheats and went after their pension plans at the same time he flooded the country with immigration. And you wonder why the following is happening. Wake up Canada.
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Why won’t Trudeau resign already? He is operating like a dictator. The damage being done needs to stop.
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Someone please tell me how someone who has 17% of the vote has the right to continue governing and implementing major policy?.
(Support Me By Subscribing/Donating). Federal Polling:. CPC: 47% (+13).LPC: 17% (-16).NDP: 17% (-1).BQ: 7% (-1).GPC: 6% (+4).PPC: 4% (-1).Others: 2%. Mainstreet Research / Nov 24, 2024 / n=1097 / MOE 3% / IVR. (% Change w 2021 Federal Election). Check out details on @338Canada
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Outstanding video on the immigration crisis in Canada. Worth 15 minutes of your time.
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This is how they do road repairs in Switzerland without disrupting traffic.
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There needs to be an election to stem the bleeding. I can't imagine 10 more months of this.
Canadian unemployment 6.8%, Canadian dollar 1.41, Canadian GDP per Capita down 8 of last 9 quarters. THEY ARE DESTROYING THE ECONOMY. 🤡s running Canada right now.
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Rumor mill told me that Jagmeet now has a secret handshake deal with the Trudeau govt to keep them in power. If true, Trudeau about to unleash a bunch of policies he always wanted to get done knowing he has full support of @theJagmeetSingh Its starting with a direct attack.
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PMO is a dictatorship. The truth is coming out. As a former staffer for Trudeau’s only other finance minister, Bill Morneau, I can personally attest to the damaging effects of this culture. In 2021, I experienced firsthand how the untamed whispers and engineered leaks from.
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Ok, this is a great summary. Wake up Canada!.
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Canadian dollar going to 65 under Trudeau. I’m serious folks. And there is absolutely nothing we can do to stop him. Watch what happens to the Canadian economic divergence to the U.S. over the next 12 months. And there is nothing we can do.
The US is about to deregulate and lower corporate taxes to attract capital and increase productivity. Meanwhile in Canada, increasing carbon tax, increasing capital gains, introducing a cap on oil and gas production. We are screwed under the current government.
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1 in 4 people on welfare in Ontario is an asylum seeker. That alone was costing the Province $500 million per year. The Federal govt opens up the taps and Provinces have to pay for it. And then when it fails Trudeau LPC supporters blame the Province. Everyone suffers in the end
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Canada’s next government after taking over from Trudeau
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His lips to your ears. I’ve spoken with MPs who are shocked with level of incompetence they’re seeing at the senior level and within cabinet with the Trudeau govt. The stories are shocking.
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This is so boss. This is exactly what Canada should be saying. Must watch. Please retweet and share! Time for change. 2025 a huge year for Canada.
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Read today that Steven Guilbeault is a large shareholder in the venture capital investment firm Cycle Capital whose companies got over $200 million in grants from his government. Seems like a good story for someone in the press.
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This is what I'm hearing. Carney expected to win LPC leadership. His team already planting the seed to secure a deal with Singh. No election until October.
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Trudeau’s Canada. Bank of Canada is very concerned. Canadian productivity rates have fallen in six consecutive quarters. “You’ve seen those signs that say, ‘In emergency, break glass.’ Well, it’s time to break the glass. This and more. You know it’s serious when there is a.
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This is Trudeau's Canada in one picture. Look at what he and Jagmeet did.
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The economic gap between the Canadian and American economies has now reached its widest point in nearly 100 years. The U.S. is on track to produce nearly 50 percent more per person than Canada will. This stunning divergence is unprecedented in modern history. Let that sink in for.
The gap between the Canadian and American economies has now reached its widest point in nearly a century. My latest for @TheHubCanada here: #cdnecon #cdnpoli
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Interesting how Alberta has to partner with the U.S. to protect against a very hostile Canadian Federal govt intent on shutting down Canadian oil.
Alberta becomes the first non-US state to join the coalition >> . 🇨🇦🇺🇸Working to avoid future US tariffs, Alberta signs onto U.S. energy pact (via Government of Alberta)
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This has gone viral.
You act surprised. We are reaping what you sowed. This is what happens when a Prime Minister spends 9 years pushing toxic woke identity politics, dividing and subdividing people by race, gender, vaccine status, religion, region, age, wealth, etc. On top of driving people apart,.
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Trudeau is so predictable and yet so many keep getting fooled. He isn’t resigning. He won’t do interviews. He will go on holidays and “reflect” on what Canadians want. Come back like nothing has happened and lecture us how he has a newfound energy to help Canadians and it’s his.
I was supposed to have a year end interview with the Prime Minister tomorrow for Global News. PMO just called to tell us it is cancelled. Not just us, year enders across the board not happening.
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This is what Canada has become. Covid used as a means to turn us into a country where everyone works for the government.
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So folks it actually is about @theJagmeetSingh pension. 🤷.
NDP House Leader Peter Julian says the NDP would vote non-confidence in the government if Justin Trudeau remains Prime Minister come February or March.
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I have never seen anything like this in my entire investing career. $NVDA.
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My grandfather came to Alberta in 1905, the year it became a province. This is my grandfather's farm lease when he was 37 years old back in 1939. He hand worked 120 acres in Northern Alberta. One year a drought hit and he lost his crop and couldn’t make a lease payment. The CPR
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Tom Muclair is from an era of politicians that is sorely missed. He absolutely nails the nonsense coming out of the PMO office. Sad.
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The biggest threat to Canadian energy isn't Trump, but someone who just launched their bid to become PM in Edmonton Alberta. Instead of building pipelines to get our oil and gas to new markets, Carney going to do the opposite and finish the job Trudeau couldn't and production cap.
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He still won’t own anything, not a single thing. Scandals. Among the worst globally on GDP per capita. A housing crisis. An affordability crisis. There is something seriously wrong with this man. The sooner he is out of office the better.
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HEY CANADA - remember when we were told by Trudeau that there is no business case for LNG. Remember this when the US will be adding $1.3 TRILLION to GDP and half a million new jobs.
U.S. LNG export capacity is poised to double in next 5 yrs. Our new @SPGlobalstudy finds LNG exports would support nearly 500,000 jobs per year and add $1.3 trillion to GDP by 2040. Meanwhile, domestic prices remain among lowest in the world. Read Here:
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Trudeau specifically targeted doctors incomes and retirement plans especially family doctors in 2016 and then again last year with the capital gains changes. At the same time flooded the country with immigration at levels never done before. It was a recipe for what we’re seeing.
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Look at what Trudeau has done to Canada. Canadians should be outraged.
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Did you know the top 10 per cent of Canadians or about 2.93 million individuals, had an average income of $190,000 and paid 54.4 per cent of the total tax in this country?. Now consider this. The minimum income required to qualify to buy the average house in this country is.
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Hey @globeandmail, friendly reminder to your editorial board, Hezbollah is officially a designated terrorist organization.
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Normally I don’t comment on #Cdnpoli, but Canadians not only deserve better but should be outraged. #Accountability #transparency.
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As Canadians line up at 3 am to see a family doctor, give up a large percentage of their income in taxes so they can't get ahead, the cost of living is over 20 to 30% higher than pre-pandemic levels, and the economy has been shrinking for 6 years. But hey, Sarbjit, that other guy.
I'm at the opening for TIFF and Prime Ministet Justin Trudeau is here getting a very warm welcome! He's always with the people. Never see that other guy anywhere.
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Interesting statistic. The Americans, without a national carbon tax, reduced emissions by 21%. Canada, with a national carbon tax, reduced them by 9%.
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@ttmygh By far the worst PM in our history. The economic damage has been profound. And he only has less than a quarter of popular vote and implementing major economic policy.
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Above $150K Canadians pay higher tax than anywhere in the US. Combined tax rates range from 38% in Alberta to almost 47.5% in Quebec at the $150K level. Once you get to $300K, the rates range from 47% in Alberta to 54% in Nova Scotia. Now consider this, the minimum income.
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Long duration US tech “was” the trade of the last decade. Look forwards not backwards. That trade is over. What will be the one to take over?
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Dictators don't go easy. They will burn down everything around them to stay in power.
When the general is losing his most loyal soldiers on the eve of a (tariff) war, the country desperately needs a new general. @JustinTrudeau—#itstime, long past time to go.
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"Eat at a local restaurant tonight. Get the cream sauce. Have a cold pint at 4 o’clock in a mostly empty bar. Go somewhere you’ve never been. Listen to someone you think may have nothing in common with you. Order the steak rare. Eat an oyster. Have a negroni. Have two. Be open
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I just watched this tonight. Church didn’t end at the ski hill. This is gospel everyone needs to hear.
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Listen to this folks. From CBC. 9 years under Trudeau and our economic productivity has fallen not just below the U.S. but will now be lower than most of our OECD peers. Enough is enough.
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Attack your own oil supply side, increase reliance on foreign supplies from places like Russia, and Saudi and then introduce a windfall tax on domestic suppliers blaming the whole thing on price gauging. What am I missing? 🙈.
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Curious, what happened in 2015 to cause the long-term reversal and subsequent huge spike in Canadian violent crimes?
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This is exactly why this govt needs to go. Exactly why. ⬇️⬇️⬇️.
Guilbeault says he won't back off carbon tax, oil and gas cap despite Trump's tariffs
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What a horseshit column. This is exactly why we’re failing.
Canada is not in a productivity crisis. @brian_ON_econ says instead of chasing after American-style GDP, he says we should strive for income equality, good health care, fairness and happiness.
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This is 8 years of Justin Trudeau. These are all FACTS. Shocking, but READ THEM, all of them. ❌ Under Trudeau, business investment has plunged by a third, while government spending nearly doubled to almost half of GDP. ❌ Government workers in Canada are growing almost four.
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Did you know that Eastern Canada buys over $550 million of Russian oil each year?
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Alberta has got to have the best outlook for any province. Lowest housing prices in the country, employment growth, and $92 oil. Perfectly hedged against inflation, a falling CAD, and rising rates. As Wayne Gretzky famously said skate to where the puck is going not where it is.
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LPC members putting the party before the country. A critical time for this nation with Trump coming in, and we're without a functioning parliament for 3 months. This is complete horse shit.
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And he will be running in Edmonton. Better be Strathcona as that’s the only place in Alberta where he has any chance. He wants to not only put a production cap but completely phase out oil and gas in this country.
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Tax the shit out of people via the carbon tax while preventing them from buying inexpensive EVs from China. How’s that for environmental policy?.
CANADA PM TRUDEAU SAYS OTTAWA TO IMPOSE 100% TARIFF ON CHINESE ELECTRIC VEHICLE IMPORTS.
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Going off the gold standard was among the stupidest thing we did in human history. The second stupidest thing is replacing it with bitcoin.
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A complete gong show in Ottawa. Fiscal and monetary policy is throwing gasoline on the inflation fire. This will have consequences. #cdnecon.
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I'm telling you, in my over two decades of experience, something really feels off about the past two week's action in oil markets.
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Once we get a change in govt, Canada could be an excellent turn around story. It won’t be easy. It wasn’t for Greece or Argentina but they did it. Once we tap into our resources, huge upside to CAD.
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Watch this speech. Look at his grin and body language. Let me say this one last time, HE ISNT GOING ANYWHERE. The only thing that’s going is the CAD, lower.
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When a minister's local constituency has the power to direct an entire country's foreign policy. Scary, very scary.
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It was built to go faster than a 911 and is bulletproof but can’t climb a hill. Looks like someone who only lived in the city designed this thing.
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My God. Trudeau has absolutely obliterated the LPC.
Liberals lose official party status under that Angus Reid poll. Good lord.
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