Canada's role in the Strait of Hormuz - Crypto donations to political parties - Prediction markets coming to Canada

What DOESN'T Canada need? More ways to gamble.

@rwasserman.bsky.social was on CKNW 730 Radio in Vancouver this morning to talk about prediction markets, Polymarket betting and all things problematic about this new form of gambling.

🎧 Listen to the interview at 19:10 here 👇 #CdnPoli

Screenshot of Global News The dangers of prediction-market gambling coming to Canada on Shaye Ganam show, Radio in Calgary and Edmonton Rachel Wasserman is the founder of Wasserman Business Law and is a fellow at Social Capital Partners and CAMP

Prediction market execs in the U.S. are calling this exploding form of betting on just about anything "financial innovation."

@rwasserman.bsky.social challenges that, calling it what it is: gambling.

She joined @globalnews.ca to explain

🎧 Listen to the clip: podcasts.apple.com/ca/podcast/r...

Opinion: We must stop the scourge of prediction-market gambling coming to Canada Prediction markets use the language of finance but rely on the economics of gambling

Prediction markets have made it possible to bet on almost anything in the U.S. and now @wealthsimple.bsky.social wants to bring it to Canada.

It looks like finance, but acts like gambling - with all its addictive harms.

Read @rwasserman.bsky.social on stopping the scourge 👇

#CdnPoli #EconSky

Just because most people have never heard the term "extractive practices," doesn't mean they haven't felt the effects.

As @rwasserman.bsky.social explains on BNN Bloomberg, private equity is a common example.

Here's how it works:

#PE #Extraction #CdnPoli #EconSky

- BNN Bloomberg Rachel Wasserman, founder of Wasserman Business Law, joins BNN Bloomberg to discuss the risks and benefits of private markets.

What might seem like "getting in on a good deal" might actually leave everyday investors holding the bag.

More from @rwasserman.bsky.social on why the OSC should reconsider their dangerous path to opening up PE markets to retail investors.

Short story: bad idea. 🔗 👇

#PE #EconomicSecurity

Opinion: Should retail investors really get access to private markets? Narrative that retail investors are unfairly excluded from superior investment opportunities doesn’t hold up

The OSC wants to give retail investors access to private markets. Sounds good!? But look closer, and it starts to look like offloading risk onto people with the least power to absorb it.

By Ed Waitzer and @rwasserman.bsky.social in today's @theglobeandmail.com 🔗👇

#CdnPoli #PE #WealthEquality

2025 Jobs Numbers Mask Uncertainty, Growing Disparities: Economist | The Tyee Part-time working is up and more Canadians hold more than one job, according to new data from Statistics Canada.

Economist and #SCPFellow @kaylietiessen.bsky.social on how Canada's 2025 jobs numbers mask uncertainty and growing disparities.

📈 👇 thetyee.ca/News/2026/01... @thetyee.ca

This is Pierre Poilievre declaring war on Europe & Canada who both use many socialist labelled elements to help their populations. That alone should be enough to remove him from #CPC leadership, let alone the fact that he still doesn't have any security clearance. #cdnpoli

Once they get Venezuelan crude, ours is the only other suitable oil for their refineries…

2026 will be a pivotal year for democracy and ordinary people. I’m optimistic that humanity will prevail, however we must act together.

We starve the machine that extracts from us and offers little in return. Try to rely on new networks to meet your needs.

#democracy #freedom #happynewyear

That's good, from the excellent Hampton Institute (named in honour of Fred Hampton), so I have added #AltText so that more folk can appreciate it.

Parasiti-capitalism: How Investors Drain Companies and Call It Growth How modern capital captures control, drains cash flow, and leaves economies weaker.

Clever Concept - 'Parasiti-Capitalism' - from @rwasserman.bsky.social guest post on @graceblakeley.substack.com substack.

#Financialisation
#ExtractiveCapitalism
#Enshitification

graceblakeley.substack.com/p/parasiti-c...

"Death by a thousand cuts:" How private equity is killing small businesses From vets to dentists, Canada is heading toward entrepreneurial extinction – but there's a way for consumers to fight back, lawyer Rachel Wasserman explains

Oligopolies get all the attention when it comes to competition problems, but there's also a silent killer: private equity. @rwasserman.bsky.social joins the Do Not Pass Go podcast this week to discuss how to rein them in and avoid the death of entrepreneurialism www.donotpassgo.ca/p/death-by-a...

Private equity firms are buying up dental clinics, vet practices, and other small businesses. What do new owners mean for costs and the quality of services? @jeyantvo.bsky.social asks @rwasserman.bsky.social, author of The Private Equity Playbook, tonight at 8pm | Producer: Mike Attenborough

Trump pumps private equity with 401k changes | Breaking Points podcast Breaking Points podcast correspondent James Li sits down with corporate lawyer, economic analyst and SCP Fellow Rachel Wasserman to discuss Trump's executive order opening up 401k plans to private equ...

Rachel Wasserman @rwasserman.bsky.social
walks James Li of Breaking Points through Trump's plan to open 401(k)s to private equity and:

💲how PE works
💲why to be wary about the buyout-PE model
💲who might get left holding the bag

#PE #Retirement

socialcapitalpartners.ca/trump-pumps-...

We believe big financial and corporate interests have been winning too much and we want them to start losing more.

Our richest 1% own a quarter of Canada's wealth.

We get a new billionaire every 12 weeks.

It ain't fair, and it's not solving the productivity crisis, either.

Employee-owned companies are 8-12% MORE PRODUCTIVE than those not owned by workers.

When working people win, Canada wins.

#CanadaSky

“No one’s breaking the law. But the economics are upside down."

SCP Fellow @rwasserman.bsky.social on how continuation funds distort valuations, mask losses and edge dangerously close to Ponzi-like dynamics.

www.investmentofficer.lu/en/news/crit...

#EconSky #PrivateEquity #WealthEquality

Private equity wants law firms…
just like they rolled up vets, dentists, HVAC technicians and more! But we don’t have to let it happen.

Read my op-ed in @bloomberglaw.com to see why I think it’s a bad idea and why decentralization is a better alternative.

Forbes 2025 Billionaires List - The Richest People In The World Ranked Forbes presents the 2025 World's Billionaires List. View the richest people in the world and learn their net worth, age, country of residence, source of wealth and more.

The 2025 Forbes Billionaires List is out, and their are 76 Canadians on it, up from 44 in 2020.

Extreme wealth (🤢) makes us more vulnerable to exploitation, polarization and economic attacks.

When working people win, Canada wins.

#AlwaysCanada #Never51 #CanadaSky

www.forbes.com/billionaires/

In long-term care homes owned by private equity firms, there’s a 50% ⬆️ likelihood of patient sedation. Yikes!

The latest Serenity Now for Entrepreneurs pod features #SCPFellow @rwasserman.bsky.social on how PE affects you and the broader 🍁 economy.

🎧 tinyurl.com/25whanfv

#Never51 #CanadaSky

The hidden takeover of our economy—and 5 things we can do about it | Social Capital Partners Today, Canada’s main streets are more likely to feature American chains and less likely to be locally owned. We already face economic assault from the south—SCP's CEO Matthew Mendelsohn and Fellow Rac...

@rwasserman.bsky.social and I on how to stop the hidden takeover by American investors of Canadian businesses. #never51 #alwayscanada #elbowsup

socialcapitalpartners.ca/the-hidden-t...

The hidden takeover of our economy—and 5 things we can do about it | Social Capital Partners Today, Canada’s main streets are more likely to feature American chains and less likely to be locally owned. We already face economic assault from the south—SCP's CEO Matthew Mendelsohn and Fellow Rac...

These days, 🍁 Canada’s main streets are more likely to feature American chains.

The latest in our #Never51 series on why we cannot accept unchecked serial acquisitions as a tactic in this economic war against us—and 5 things we can do about it.

Read the ideas: tinyurl.com/mr3kxhmp

#CanadaSky

Blog post: three ideas to make home ownership more affordable that aren't getting the attention they need.

Canadians are more vulnerable to Trump’s economic warfare because our housing system is in crisis. Some of our own bad policy choices have put us in this position of vulnerability.

💡Our CEO @mendelmatt.bsky.social with 3 things we can do:

Read: tinyurl.com/bddfna5x

#EconSky #CdnPoli #Housing

I hope this can bring us together. Country over party.

Whether people like him or not, that was a fantastic speech and great leadership. 🇨🇦

I hope our current and aspiring leaders have the spines to have a united front. I’m very curious to see what Pierre Polievre has to say. He may have to say something nice about Trudeau for once in his life. He’s been quiet for too long.

Really impressed with what Trudeau is saying right now. Like him or not, this is great leadership. 🇨🇦🇨🇦🇨🇦🇨🇦

#cdnpoli #tradewar #cdnecon

I wish I knew about this sooner! Hopefully it’s recorded!

From mom and dad

Yeah, yeah, only an OHIP card, never a credit card to pay for healthcare in ON. 🙄BUT OHIP pays extra to for-profit healthcare providers. And often they are Private Equity “vultures.”

#VoteFordOut #SavePublicHealthcare