May 1, 2021

Today is the Kentucky Derby, so while horse racing is on my mind, let me tell you about a certain match race.

A match race is quite simply a race between exactly two horses. Always very exciting, because they’re relatively rare. There’s usually between 5 and 20 horses in a race, not 2.

Mike Smith is a very-well-known hall-of-fame jockey. A tough, ragged and talented guy who’s ridden some of the best horses in the last 30 years.

Chantal Sutherland is a Canadian model, TV personality… and jockey. She’s been in in Sports Illustrated, Vogue, and has been one of People magazine’s “100 Most Beautiful People”.

Those two dated for a while. Then they broke up… and then someone decided they should do a match race – a Battle of The Exes. A winner-take-all sort of thing.

This was ten years ago, so who cares… except that it was one of our horses that was chosen to race. The track that hosted the event, Del Mar, picked two relatively-evenly-matched horses… got the OK from the owners/trainers (that was a very interesting phone call with our trainer, Carla Gaines…) and once the horses were picked, a coin was flipped to decide which jockey got which horse. Or vice-versa, I suppose.

As it turns out, Chantal got our horse “Parable” and Mike Smith got the other one, “Joker Face”… which added an extra layer of competition… American owner/jockey vs. Canadian owner/jockey

That was a fun weekend… we flew down for the race, participated in all the pomp and circumstance, had a great time… and, as you might expect when Canada goes up against the U.S., finished second.

In the race, Mike Smith controlled the pace beautifully. Forgetting how evenly the horses may have been matched, he really out-jockeyed Chantal. He went out in front, stayed exactly where he needed, kept her exactly where he wanted, and, as they say, had plenty of horse left to win easy.

But let’s talk about another match race that we’re all involved in…

When it comes to vaccinations, the U.S. got off to a terrific start… just like Mike on Joker Face, exactly where you’d expect them to be. Except… if this were a horse race, you’d now say they’re running out of horse. They’re fading. And here comes Canada, flying on the outside.

If you look at the two larger graphs below, you can see what I mean… the one on the left is a graph of what percentage of the population is being vaccinated every day. There was a time where it hit above 0.60% in the U.S., but they’re down to around 0.35% these days… and that number keeps dropping. In Canada, we’ve slowly been rising… and are pretty-much doubling our southern neighbours. We’re in the 0.70% neighbourhood, and have been out-performing the U.S. since around April 8th.

The graph on the right shows how the gap in vaccinated population is narrowing, and assuming things continue at this pace, the Canada horse will blow by the U.S. around May 26th… and will never look back. This extrapolation is relatively consistent with what the government is telling us… that 75% of adults will have had their first jab by mid-June. It looks like 80% by July 1st, according to how things are trending. And if this holds, the U.S. may have trouble breaking 60%… though this is all speculation and just numbers.

It’s speculation and numbers that just lost me a few bucks on the Kentucky Derby… but this other horse race is far more important… and I know where my money is.