Ed and Scott open the show by discussing Apple’s new investment in “American innovation,” Howard Lutnik’s decision to put his sons in charge of Cantor Fitzgerald, and a new Moody’s Analytics report on U.S. consumer spending. Then Mike Moffatt, Founding Director of the University of Ottawa's "Missing Middle Initiative” and former economic adviser to Liberal Leader Justin Trudeau, joins the show to unpack the biggest challenges facing Canada’s economy. He offers insight into the country’s political landscape, breaks down its housing crisis and explains why small businesses struggle to thrive in Canada. Finally, Mike explains how Canadians perceive the Trump administration’s rhetoric and what tariffs could mean for Canada’s economic future. Subscribe to the Prof G Markets newsletter Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Follow Scott on Instagram Follow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices
Full Episode
Hey, this is Peter Kafka. I'm the host of Channels, a podcast about technology and media and how they're both changing all the time. And this week, I'm trying to figure out how Donald Trump is changing the media in Washington and the courtroom and in the boardroom. On to help me figure it all out is Sarah Fisher, the excellent Washington-based media reporter for Axios.
That's this week on Channels, wherever you get your favorite podcast.
Buying a house has long been considered the best way to build wealth and move into true adulting.
Isn't it? I mean, at least that's what society wants us to think. Gotta get a Birkin, gotta get a home, you know.
Okay, the handbag you can probably manage without. But what about a house? Surely that's actually good, right? We're going to find out this week on Explain It To Me. New episodes every Sunday morning, wherever you get your podcasts.
Today's number, 202,080 kilometers. That's the length of Canada's coastline, the longest in the world. True story. If you're ever wondering what it means when a young woman, a young attractive woman, is wearing a Canada goose jacket, it means she's one bad decision away from having an OnlyFans. I don't fully get it. Surely she's rich if she's got the Canada goose, huh?
I don't get it either, but for some reason it made me smile. Maybe it doesn't matter at all. I made that one up. Yeah, I can tell. Doesn't that make sense though? When you see a hot girl in the Canada's goose jacket, there's like a reasonable chance. Surely you've owned a goose. Oh, I own several geese. And now I'm Montclair because I'm the rich douchebag. I went, I literally, I hit a new low.
I went shopping in Montclair with my kid last week. He's like, I need a ski jacket. I'm like, I'll take it to Montclair. I love the apparel and the fashion and skiing. I just don't like skiing much. Yes.
I was trying to imagine you skiing all week. I just can't picture it. That's what you were doing, right? None of us actually really knew where you were or what was going on. You were skiing, right? Yeah, I was in Zermatt.
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