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

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-...

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.

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

@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...

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

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

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

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

I’m honoured to be an inaugural fellow at @scpartners.bsky.social We cannot fix the economy if we ignore and further exacerbate many of its problems.

Breaking News! KKR is alleged to have committed SERIAL violations of US antitrust laws! More PE more Problems! #privateequity #doj #usecon #uspoli #cdnecon #cdnpoli #antitrust #faireconomy

PE makes its money through extraction, not investment. It’s a zero sum game and they’re making the rules. @scpartners.bsky.social

Looks like Elon has been sharing the ketamine. WTF is this nonsense?!? #financialtimes #peterthiel #ketamine #broligarchy

Oedipus called; even he thinks this is a bit much #elon #mamasboy #presidentmusk #broligarchy

More PE more Problems

Folks, we're living in a Second Gilded Age. It can be easy to feel discouraged, but the First Gilded Age teaches us lessons on how we can fight back.

Does Elon have any actual friends? Asking for a friend… because I have them.

Now that Zuck has gone full Elon, can we just all agree for a not-for-profit to create one or two universal social media platforms so we don’t have to keep switching? I’ve now reached the age where technology changes annoy me. Windows 11? No thanks.

Facts are dead. Cooool. And you thought the tabloid press was bad? Get ready for a biblical flood of moronic rubbish in 2025… courtesy of an imploding America.

Spoiler alert! Join great peeps like @mendelmatt.bsky.social @agenestgregoire.bsky.social @cheryllcase.bsky.social @kaylietiessen.bsky.social @rwasserman.bsky.social @lprochon.bsky.social @robin-shaban.bsky.social @silasxuereb.bsky.social @danrohde.bsky.social @aechallinor.bsky.social

Overbooked flights, lost luggage, endless delays. Holiday travel chaos isn’t bad luck—it’s corporate greed in action. Airlines want you to believe this is normal. It’s not. It’s the result of deregulation & corporate greed.

“I can’t believe anyone would vote for Trump,” says smug Canadian man planning to vote for Poilievre

This is a ridiculous attempt to keep Infowars in the hands of right-wing nutjobs

Dating myself sharing one of the internet’s earlier viral videos. What happened to Jimmy McMillan? 14 years ago and many of these problems have only gotten worse. THE RENT IS TOO DAMN HIGH!

It's good to be in good company! @agenestgregoire.bsky.social @cheryllcase.bsky.social @kaylietiessen.bsky.social @rwasserman.bsky.social @lprochon.bsky.social @robin-shaban.bsky.social @silasxuereb.bsky.social @danrohde.bsky.social @aechallinor.bsky.social tinyurl.com/ydeyth3x

Do you have a soul and care about small biz? @theaaronbinder.bsky.social and @betterwayalliance.bsky.social always has great insights to share.

We send MPs to Ottawa with the expectation they'll find a way to work together for the best possible societal outcome. Intentionally sewing dissension & denying constituents good outcomes will kill democracy.

Alberta is suffering some of the highest levels of unemployment in Canada. Meanwhile the Danielle Smith government is leading a mission to poach workers from the United Arab Emirates to take Alberta jobs and drive up insecurity. Here's some of the plans for their trip.

Journalist Friends, it would be great if someone put together a DEI shaming tracker, tracking all the companies who have abandoned DEI policies. I’d love to know which businesses to stop patronizing. #journalism #dei #gaslighting

BREAKING: Canada's major news organizations sue ChatGPT maker OpenAI. My story for @torontostar #cdnmedia #tech #ai #chatgpt www.thestar.com/business/can...

I’ve said trickle down economics worked exactly as planned, the wealth TRICKLED through a cheesecloth. We envisioned a stream, they envisioned droplets. Can we finally end the charade, admit this was bad policy and try something else?

Poilievre looking forward to blaming Trudeau for economic effects of Trump’s tariffs

Can someone please explain the methodology that results in Loblaws being one of Canada’s most responsible companies and one of Canada’s top 100 employers. Have we lost all shame?

This is too good

Was interviewed by the @cdnpress.bsky.social on the CI buyout and why ownership matters www.thecanadianpressnews.ca/business/ci-...

Asking for a friend, is a Vibecession a recession for working people?

CI Financial getting bought up by the Abu Dhabi Sovereign Wealth Fund… fantastic. Did you know research has shown a sharp increase in adviser misconduct when PE buys them out? #privateequity #econsky #cifinancial #cdnecon papers.ssrn.com/sol3/papers....

Never forget that Metrolinx's Milton Line — which connects Toronto to central Mississauga, and famously only runs for a few hours in the morning and afternoon — had a late night train for Taylor Swift concerts. Governments can deliver public transit / climate action, but only when they want to.

What happens when we let financiers plunder our economy with no restrictions? Watch the virtual panel I was on, along with some of the PE industry’s most notable critics. Did you know our companies are getting put into investments for a group of investors, including vets, daycares & senior homes?

Lots of folks aren’t happy with Trudeau’s handout, I’m one of them. But I’m just as critical (if not more) of Ford’s handout. Funny how so many people had nothing to say about the Ontario handouts! Apparently poor policy decisions only matter when it’s the opposition!

Kudos to @rbreich.bsky.social for the name “Tater Trust”. We need more regulations for Big Potato!

Great starter pack of accounts to follow if you’re interested in wealth inequality and creating a more equitable economy!

Interesting policy choice from the Liberals after the NDP announced a similar policy. While an extra $100 may help working families, this is far from what working Canadians need to live with dignity. Can someone tell Justin it’s time we got a new New Deal for Canadians?