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Lütke: Prime Minister Trudeau's push toward socialism inevitably leads to poverty

Tobi Lütke · Tobi Lütke is still captivated by internet commerce, 20 years later · Oct 6, 2025 · at 1:32:21

Shopify founder Tobi Lütke discusses Canadian political and economic policy with Stripe co-founder John Collison, referencing Prime Minister Justin Trudeau and economic advisor Mark Carney.

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“It's very much veered into socialism under, under Trudeau. He pushed that very, very hard I am very much hoping that, ah, Mark is helping all of Canada to figure out that that's a successful discovery of something that doesn't work, because obviously that kind of push socialism always leads to poverty.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

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