Why Tariffs Could Crush Canada’s Economy — ft. Mike Moffatt

Prof G Markets

Prof G Media & Vox Media

Business, Investing, Entrepreneurship

4.3 • 1.4K Ratings

🗓️ 27 February 2025

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

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

Transcript

Click on a timestamp to play from that location

0:00.0	If you think talking about finances in general is hard, try talking to your parents about money.
0:07.0	What you don't want to do is like, do you have any money, what's going on?
0:11.0	You don't want to come at them in a more adversarial way.
0:15.0	Or, as I said, you don't want to come out like you're now the parent.
0:19.0	What to do about the ups and downs of your 401k?
0:22.6	If you or someone you care about plans to retire soon, that's on the next explain it to me.
0:28.4	New episodes every Sunday morning. Today's number, 202,080 kilometers.
0:37.8	That's the length of Canada's coastline, the longest in the world.
0:41.2	True story.
0:42.0	If you're ever wondering what it means when a young woman, a young attractive woman,
0:45.7	is wearing a Canada goose jacket, it means she's one bad decision away from having an only fan.
0:51.1	In 1997, no, no. having an only fan.
1:03.4	I don't fully get it.
1:05.6	Surely she's rich if she's got the cat and a goose, huh?
1:08.2	I don't get it either, but for some reason it made me smile.
1:10.6	Maybe it doesn't matter at all.
1:11.6	I made that one up.
1:13.2	Yeah, I can tell.
1:14.3	Doesn't that make sense, though?
1:18.1	When you see a hot girl in the Canada's goose jacket, there's like a reasonable chance.
1:19.6	Surely you've owned a goose.
1:21.1	Oh, I own several geese.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Prof G Media & Vox Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Prof G Media & Vox Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.