lawyer | ex @alluvialfinance @Wealthsimple @Osler_Law | discredited investor @BOD_Capital | aspiring thought leader

Toronto, Canada
We need to regulate natural intelligence before it destroys us all.
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Imagine thinking that law students wouldn’t use a pen instead of a laptop if the pen would get them better grades.
Law professors at the University of Toronto are being encouraged to ban laptops (!!) in most classrooms this fall.
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To me, Bills C-34 and C-36 are essentially a sovereignty play: create a powerful regulator over three things that increasingly define foreign (mostly US) tech giants’ business: AI, data, and social. And give the government strong influence if not control over the regulator.
My first post on Bill C-36 and the seismic shift in Canadian privacy. The bill marks the end of the Privacy Commissioner's role in private-sector privacy law and the arrival of a super-regulator with astonishing powers to regulate online speech and privacy michaelgeist.ca/2026/06/cana…
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And the answer is often “no, not worth it.” Meta pulled news rather than comply with C-18, and AI features have been delayed in the EU over regulatory friction. Geo-fencing or restricting the product in a geo is often cheaper than complying.
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So regulatory regimes intended to project sovereignty over foreign platforms could do the opposite: captive domestic players bear the cost, global players opt out of the hardest parts, and Canadians get a worse and later version of the frontier.
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On Wednesday, the federal government introduced Bill C-34, the Safe Social Media Act, with the stated goal of making the online activities of Canadians safer. The bill raises significant civil liberties concerns, including through the limitless powers it grants the government and a new digital safety regulator. Read more here. ccla.org/press-release/ccla-…
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This pathetic attitude is among the worst things about our political culture in Canada and I cannot reject it enough. It gets cloaked in the language of progressivism but it is deeply cynical, ugly, and regressive. Story time! Growing up, I was hugely inspired by RIM (BlackBerry). It was one of the reasons why I wanted to go to Waterloo. I thought it was so cool one of the most innovative companies on earth was an hour away from home. In fact, my program, Nanotechnology Engineering, was able to exist in part due to the philanthropy of Mike Lazaridis, who funded the Institute of Quantum Computing and Nanotechnology (along with the Perimeter Institute for theoretical physics, which is a brilliant asset for the province and country). Balsillie, for his part, has spent tens of not hundreds of millions of his personal wealth on advocacy and institutions to make Canada a better place. But he too was castigated in our media. Through high school, I saw how Canadas media took an axe to RIM founders (Mike and Jim), and basically cheered on the decline of the business against competition from Apple and Google. It was a complete disgrace. Well, in 2013 I got my second co-op job there, just as they rolled out BB10 (the QNX operating system). 6 weeks into my co-op, my entire department was laid off (Modems/Semiconductors). Nearly every one of my colleagues ended up moving to the US. Some of the most capable talent on earth, poached in weeks. It was loss that was absolutely devastating to witness. I have no doubt people like Bruce cheered on the spectacle, just like he would cheer the downfall of Shopify if it were to ever happen; despite the champion it’s been for the country, the thousands of good jobs it’s created, and all the spin-off businesses that have created huge wealth for Ontario. Well let me be clear that I will have none of this nonsense.
Replying to @EricDLombardi
Just tag the Shopify guys next time, they might get excited
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The debate in Canada about age-gating access to social media is a useful filter. It shows who believes in freedom of expression and privacy, and who is happy to sacrifice both get some regulatory hooks into US tech companies.
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Evan Thomas retweeted
It took less than a week for government to go from AI for All to ID for All. Reports of a social media ban for kids will require identification for all Canadians. There is no unwinding that data collection and it is no replacement for effective regulation michaelgeist.ca/2026/06/you-…
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So many problems with this plan to create a new Canadian social media regulator and ban social media for under-16s (with exemptions if platforms can prove to the regulator that they’re “safe”).
Ottawa planning social media ban for children under 16, source says theglobeandmail.com/politics…
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Australia banned social media for under-16s in December 2025. Three months in, there was no measurable reduction in cyberbullying. There’s no compelling evidence that these bans protect kids.
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The definition of “social media” could sweep in everything from Facebook and Snap to X, WhatsApp, and Telegram. Do we really want so much of how we all spend time online subject to regulatory supervision? It may start with “protecting kids”, but I guarantee it won’t end there.
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