Canadians think of the Hudson's Bay Company as something to be proud of. A lot of them drape themselves in the iconic stripes.

My family is from the Caribbean though. So while I was educated in Canada, I'm reminded of a totally different kind of branding.

🧵👇
See Canadians are taught the founder of HBC, Prince Rupert, funded the expedition of Canada to develop the fur trade.

In fact, they're taught in a cutesy way that most of the country was originally just called Rupert's land. Remember that? Adorable and harmless, right?

2/7
What they don't teach is Rupert is one of history's worst monsters. His wealth didn't come from HBC.

HBC was funded in part by the profits from another company he founded – the Royal African Company (RAC). Canadian history tends to leave out any mention of this venture. 🤔

3/7
Weird, because the RAC is actually one of the most successful companies IN HISTORY. 🧐

They might not have mentioned it because the RAC was the largest slave trader in the Americas. They shipped more slaves to the Americas than any other *institution.* Not just company.

4/7
That's where Rupert started to dabble in branding, actually.

The company branded all of their slaves RAC, partially to permanent mark that they were slaves, but to also show market prominence.

Just like logos today, they wanted everyone to know how popular they were.

5/7
Despite HBC actually naming the territories in Canada after Rupert, history distances Rupert – trying to say he only funded the expedition.

Same with RAC. He was "only" an investor, but like HBC, he was actively involved – even serving as governor (CEO at the time).

6/7
So you gotta forgive black and brown people if they don't like that cute photo you posted on instagram of your new HBC blanket draped over your couch.

A good portion of us see the flag of a company founded by one of history's most murderous slave traders.

~ Fin ~

7/7
Strange number of people in my DMs saying Canada has nothing to do with slavery.

You know "fur trade" is just a narrative that was spun through history? Academics have long known HBC didn't arrive looking for fur, they were looking to pillage, plunder, and enslave.

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More from @StephenPunwasi

Apr 23
🇨🇦’s wild these days.
- Money laundering capital of the world
- the global fentanyl “command & control center”
- home to transnational organized crime heads
- at least 1 in 7,800 residents are members of organized crimes.

How did this happen so fast?

<thread> 🧵👇
2/ first of all, most folks in 🇨🇦 don’t realize how bad things are yet, they’re just dealing with the consequences.

Soaring housing costs. Rising car thefts. Unaffordable housing, Overdoses in your hood. Violence in your streets.

All related.
3/ 🇨🇦’s home prices soared in the mid-2010s due to laundering.

Fentanyl proceeds were washed in casinos, then layered w/housing. It’s now called the Vancouver model.

Home prices surged since comps were skewed, & launderers WANT to pay more.

Dive into this later.
Read 11 tweets
Apr 22
Funny story. About a year ago I was crunching 🇨🇦’s immigration data & found a really neat issue.

… over 1 in 6 of 🇨🇦’s claimed immigrants don’t actually exist in the country.

<thread> 🧵👇
2/ I was looking at immigrant cohorts from the 1980s & forward, & noticed an interesting pattern: 1 in 7 would disappear from taxfiler data.

They drop out faster in recent data, but still consistent. In finance a predictable pattern usually means 1 of 2 things: fraud or error.
3/ so I contact Stat Can & inquire to make sure I understood the data correctly. I did.

About a month later, Stat Can conducts a study & concludes *drumroll* 1 in 6 immigrants probably left the country… since 1980.

🇨🇦 isn’t sure because it doesn’t track departures.
Read 11 tweets
Apr 13
🇨🇦 just busted 3 fentanyl labs in 2 days.

All well equipped, industrial scale facilities within a short-drive of each other in BC. All to produce the fentanyl 🇨🇦 totally doesn’t have.

Tragically I’m not your fentanyl czar, but here’s what I’d notice if I were. 😉

<thread>🧵👇 Image
Image
2/ this is a fun photo. Nothing brown is used to synth fentanyl. Precursors are clear or white.

But aniline, an essential manufacturing chem, is light brown & darkens as it oxidizes.

Only problem is aniline isn’t used in fentanyl production. wtf, eh? Image
3/ However, aniline is used to make fentanyl precursors. RCMP said 2 of 3 labs in the fentanyl bust were manufacturing fentanyl.

What was the 3rd? I’m not a fishing license expert like 🇨🇦’s newly appointed fentanyl czar, but it sure looks like a precursor lab.
Read 13 tweets
Feb 24
Is 🇨🇦’s healthcare system failing due to socialism or capitalism?

Neither. The math is pretty clear—this is just straight up greed, facilitated by crummy people.

<thread> 🧵👇
2/ first off, everyone forgets it's hard to be a doctor.

Most people can't finish a book.

A doctor in 🇨🇦 is the result of a 13 year old who decides they'll top their class & do 12-years of post-secondary training to start their career.

Let this point REALLY sink in.
3/ I mean, really sink in. You're delusional if you think you could do it. I couldn't.

The folks in charge didn't need that training. Ontario elected a high school drop out (about to be re-elected). 🇨🇦 elected a high school teacher.

My point isn't to make fun of politicians...
Read 19 tweets
Feb 12
Folks in 🇨🇦 keep explaining to me that we don’t have 🇺🇸-like crime.

It’s true. Here’s a brief list of the 🇺🇸 crime that never happens in 🇨🇦.

<thread> 🧵👇
2. in 🇺🇸, their anti-money laundering & enforcement budgets are soaring to deal with crime.

In 🇨🇦, we’re so confident that there’s no laundering that politicians confidently slash the budgets. Image
3. In 🇺🇸, defunding the police is extremely controversial.

In 🇨🇦, we don’t hesitate. Ontario immediately cut its financial crimes unit. Image
Read 9 tweets
Feb 7
People think 🇨🇦 is lax on money laundering because it’s good for the economy. Nope.

It’s so much worse. The lax enforcement turned into organized crime capturing 🇨🇦. The legal system is now too scared to act. Seriously.

<thread> 🧵👇
2/ First off, let’s talk about how extensive 🇨🇦’s organized crime (OG) problem is. The country’s OG intel agency estimates 2,600 groups operate in the country.

Since a gang is 3 people or more, at minimum they’re estimating 1 in 4000 adults are OC members. Image
3/ that means the ratio of OC to normal people is higher than the concentration of high school school teachers to people in Toronto.

Think about that for a second—how often do you see high schools across Toronto? Well, you’re more likely to see OC members than a teacher in one.
Read 21 tweets

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