"...The criticism comes after the official twitter account for Global Affairs Canada stated briefly on Tuesday that it was “very concerned” about the incarceration of Chinese citizen journalist Zhang Zhan earlier this week. GAC has not yet issued an official statement on the matter, while the U.S., U.K. and European Union all offered full-throated and official condemnation of the conviction..."
Thursday, December 31, 2020
Canada's Record and Numbers on Private Sponsorship of Refugees: The Most In The World
https://nationalpost.com/news/canada/canada-now-resettles-more-refugees-than-any-other-country-mostly-through-private-sponsorship
"...In October, it set a target of 22,500 privately sponsored refugees per year for the next three years.
The history of private sponsorship — more than 325,000 refugees since 1978 .."
Wednesday, December 30, 2020
Unemployment at 10.2%, Need for Quarantining Candians and International Travellers and Border Controls Yet 107,000 Express Entry Participants "Invited" to Canada
https://www.cicnews.com/2020/12/2020-a-record-breaking-year-for-express-entry-1216635.html#gs.pb0vlu
10.2% unemployment, pandemic times, necessity of quaranting by international travellers, and....
"...Canada finished off the year issuing 107,350 Invitations to Apply (ITAs) to Express Entry candidates. This was the highest invitation total since the Express Entry system was introduced in 2015 to manage the pool of candidates for Canada’s three Federal High-Skilled immigration programs— the Federal Skilled Worker Program (FSWP), Federal Skilled Trades Program (FSTP) and Canadian Experience Class (CEC)— as well as some of its Provincial Nominee Programs (PNP)..."
The Porous Canadian Border Continues, Even During Pandemic Times
Like a bad referee in a game seven who misses blatant penalties and lets events get out of hand, Justin has lost control on the border (among China, financial disclosure, ethics confidence, etc.)
"...When the United States and Canada agreed in March to close their border to asylum seekers at unauthorized entry points, Canadian officials said they had received assurances from their U.S. counterparts that the asylum seekers they turned back wouldn’t be deported.
...Canadian Immigration Minister Marco Mendicino this month exempted five of those asylum seekers from the border restrictions, according to Kate Webster, their Toronto-based lawyer. Another application is pending. That means they will be allowed to enter Canada, if the United States releases them.
“While we absolutely welcome this decision and are very happy about it, we’re mindful that this is only a small piece of the puzzle and that the exemption on its own is not a complete solution,” Webster said....'
Sir John A.: Will He Ever Have a Fair Shake? 2020 Said No
https://nationalpost.com/opinion/christopher-sweeney-sir-john-a-macdonalds-legacy-is-a-tool-for-education-not-a-standard-for-wokeness
"...The fact that indigenous peoples in the West stipulated that education be provided in their treaties is ignored, as is the fact that Macdonald insisted that residential school attendance be voluntary — and open to girls and boys. They were only made mandatory long after his death. We don’t hear much about these facts these days.
Everyone is entitled to their opinion and there is certainly more than enough in John A. Macdonald’s record to show that he was far from perfect on Indigenous matters, but there is also ample evidence that shows that he was acutely aware of his and his government’s responsibilities towards Indigenous people, and that both he and his governments did their best to meet these responsibilities. (Is the federal government doing much better on that file today, with a far larger bureaucracy and much more money?) It is certainly ironic that Macdonald, who was roundly criticized by contemporaries for being too “progressive” on Indigenous issues, is now vilified for his lack of compassion.."
Monday, December 28, 2020
International and domestic flights that have reported cases. Closed borders? Lockdown?
International and domestic flights that have reported cases. Closed borders? Lockdown?
https://www.canada.ca/en/public-health/services/diseases/2019-novel-coronavirus-infection/latest-travel-health-advice/exposure-flights-cruise-ships-mass-gatherings.html?fbclid=IwAR2bR23n2HV1gxLXuSuLSRRiM7DDVhMhWaGy9YYxbu7KLxiRvql7R8izSW0#wb-auto-4
Sunday, December 27, 2020
With the Highest Unemployment in the G7 (10.2%), Canada Doubkes Down in the "Immigration Card" With 400,000 Entrants Annually - Only 60% as "Skilled Workers"
https://www.cicnews.com/2020/12/post-coronavirus-recovery-starts-with-immigrants-and-international-students-1216583.html#gs.oj1fao
With Canada having the highest unemployment rate in the G7 (10.2%) what will the remaining 40% of those allowed to live and work in Canada (nearly 200,000) that are not "skilled" do?
"...In addition, international students are exempt from these travel restrictions. New students are also able to apply for and obtain study permits. .
...Canada aims to welcome over 400,000 new permanent residents every year. Around 60 per cent will immigrate as skilled workers..."
Saturday, December 26, 2020
IRCC Ministry Performs a Self Evaluation: What Does This Mean For Improvenents to the System?
"... IRCC’s self-evaluation covered the period from 2013 to 2018, with previous years taken into consideration. It was done as part of an accountability measure with the Treasury Board, which oversees the funding of federal departments, including IRCC..."
Wednesday, December 23, 2020
Ontario "Overfills" Provincisl Nominee Prigram for 2021, A Pandemuc Year of Record Unemployment
"...Ontario’s allocation for 2021 is not yet available, but we know that the PNP is expected to bring in upwards of 80,800 immigrants over the next three years, according to the new immigration levels plan..."
https://www.cicnews.com/2020/12/ontario-overfills-pnp-allocation-1216607.html#gs.osqy92
Add Oil to Things That 2021 amay abe Known For
Financial Post: 2021 will be 'spectacular year' for energy investors: Eric Nuttall.
https://financialpost.com/commodities/energy/2021-will-be-spectacular-year-for-energy-investors-eric-nuttall
Tuesday, December 22, 2020
Finally: Government Rejects Chinese Gold Producer's Acquisition of TMAC Resources in Canada's North
Combined with the ridiculous "invite" to China's PLA to "share" arctic battle measures and the ongoing Meng case, this puts more strain on Canadian Chinese relations. The right decision ruled on this transaction given the abundance of port and air strip infrastructure in Canada's remote north for such a Chinese government influenced entity to run amok.
Financial Post: Government of Canada Rejects TMAC Sale to Shandong Gold Mining Co., Ltd..
https://financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/government-of-canada-rejects-tmac-sale-to-shandong-gold-mining-co-ltd
Monday, December 21, 2020
"Forgetting where Canada’s national economic, geopolitical and strategic interests lie
https://nationalpost.com/opinion/rupa-subramanya-trudeaus-india-comments-put-liberal-electoral-calculus-ahead-of-canadas-interests
More Skills Shortage Nonsense: Inmigration's Leg ti Stand On
https://www.cicnews.com/2020/12/canada-needs-tech-talent-1216523.html#gs.o34od3
At some point the institution of immigration will have to answer to the chronic issues of " lack of skilled workers" and " aging population ". This has been an excuse for decades now.
If the demand is so high for such tech jobs, why are our Canadian universities and colleges failing to meet this demand and design diplomas and degrees to prepare students for such a high growth, high demand, good paying, important career choice?
"...The Global Talent Stream (GTS) is a fast-track federal immigration program that helps employers attract and retain highly skilled temporary foreign workers. Under the GTS, employers need to obtain a Labour Market Impact Assessment (LMIA). This is to prove that they have exhausted all possibilities to hire from the local talent pool. This process takes two weeks.
Once this process is over, foreign nationals can then apply to come to Canada through the GTS. Canada processes these applications in just two weeks. This means that it can take just four weeks for a foreign national to come to Canada through this program..."
Saturday, December 19, 2020
"Chinese state-owned fund among backers of company handling Canadian visa applications": G&M
https://www.theglobeandmail.com/politics/article-chinese-state-owned-fund-among-backers-of-company-handling-canadian/
Friday, December 18, 2020
Fact Checking Justin? Is Climate Change Determined by Scientists or Political Scientists?
https://financialpost.com/opinion/learn-the-science-before-you-follow-it-fact-checking-justin-trudeau-on-climate-change
"...Has Canada experienced record storms? No. Environment and Climate Change Canada’s “Engineering Climate Datasets” show no overall increase in rainfall intensities. In Canada’s Changing Climate Report they clearly state, “For Canada as a whole, observational evidence of changes in extreme precipitation amounts, accumulated over periods of a day or less, is lacking.” Has the prime minister bothered to check this basic fact? Apparently not.
How Can The Immigration, Refugee and Candian Citizenship (IRCC) Department Have Patriotism Through Immigration? A Randomized Lottery
Your immigration system ("IRCC") at work, allowing world class rights to 10,000 of those that have spent the most part of their youth and working lives elsewhere all coming down to a..."randomized lottery inviting up to 10,000 sponsors".
"...We’re currently working through this year’s submissions to remove duplicates..." Duplicates? Are they manually inputting names and applications?
Is the VIX Rigged or is the Market, Vaccine News Just That Strong?
As oulined in an earlier post, VIX Dec 16 puts were purchased, as a speculative bet and for insurance. Expired worthless. Under the following environment, how can this be?
US Election transfer
Lack of approved US Stimulus Plan
Improving yet beaten down Economic data and record high governemnt deficits, total debt
Brexit
Markets at all time highs
Tesla inserted in the S&P index (anticipated sell off in markets December 21 or 22)
Thursday, December 17, 2020
More Examples of Canada as a Country of Pemanent Residents Rather Than Citizens: Spousal Sponsorship From Abroad - 80,000 per Year?!
It is easy to lose track of all these programs and the tens of thousands that are associated with each. This program alone where 80,000 spousal applications from abroad annually seems like a really high number. Question: is this included in the planned 400,000 annual immigration target or outside of that (full citizenship is not immediately granted under this program)?
"...Immigration Minister Marco Mendicino recently said that Canada is working to process 49,000 of these applications in 2020. The new immigration levels plan is calling for about 80,000 spouses, partners, and children to be sponsored per year..."
https://www.cicnews.com/2020/12/how-canadians-can-sponsor-their-spouse-from-abroad-1216568.html#gs.obm0yf
If Higher Taxes Are Coming Then These Archaic Government Benefits Cannot Continue At Taxpayers' Expense
I prefer to source other publications than the Sun, but this is where Brian Lilley is now and he hits it on the head:
https://torontosun.com/opinion/columnists/lilley-top-civil-servants-getting-chauffeured-on-your-dime
Full list of civil servants with cars and drivers as provided by the government
1. Deputy minister, Department of Agriculture and Agri-Food
2. Auditor general of Canada, Office of the Auditor General of Canada
3. President, Canada Border Services Agency
4, Commissioner of revenue, Canada Revenue Agency
5. President, Canadian Food Inspection Agency
6. Chief of the defence staff, Canadian Forces
7. Deputy minister, Department of Canadian Heritage
8, President, Canadian Institutes of Health Research
9, Chairperson and member, Canadian Radio-television and Telecommunications Commission
10. Director, Canadian Security Intelligence Service
11. Chairperson and member, Canadian Transportation Agency
12. Chief electoral officer, Office of the Chief Electoral Officer
13. Deputy minister, Department of Citizenship and Immigration
14. Commissioner of Official Languages of Canada, Office of the Commissioner of Official Languages for Canada
15. Chief, Communications Security Establishment
16. Conflict of interest and ethics commissioner, Office of the Conflict of Interest and Ethics Commissioner
17. Commissioner of corrections, Correctional Service of Canada
18. President, Economic Development Agency of Canada for the Regions of Quebec
19. Deputy minister, Department of Employment and Social Development
20. Deputy minister, Department of the Environment
21. Deputy minister, Department of Finance
22. Deputy minister, Department of Fisheries and Oceans
23. Deputy minister of Foreign Affairs, Department of Foreign Affairs, Trade and Development
24. Deputy minister for International Development, Department of Foreign Affairs, Trade and
Development
25. Deputy minister for international trade, Department of Foreign Affairs, Trade and Development
26. Deputy minister, Department of Health
27. Chairperson, Immigration and Refugee Board
28. Deputy minister, Department of Indian Affairs and Northern Development
29. Deputy minister of Indigenous Services, Department of Indigenous Services Canada
30. Deputy minister, Department of Industry
31. Information commissioner, Office of the Information Commissioner
32. Deputy minister, Office of Infrastructure Canada
33. Deputy minister of Justice and Deputy Attorney General of Canada, Department of Justice
34. Deputy minister, Department of National Defence
35. Deputy minister, Department of Natural Resources
Will Canada Be a Country of "Citizens" or a Conveniently and Politically Driven Goal of "Permanent Residents"?
https://www.cicnews.com/2020/12/the-top-5-canadian-immigration-stories-of-2020-1216559.html#gs.obi985
Are Canadians aware of these numbers, claims and political goals? Do Canadians have a say?
"..IRCC is holding the largest Express Entry draws since the system was launched in 2015, with 5,000 invitations being issued per draw, and Express Entry surpassing 100,000 invitations in a year for the first time ever.
...Beginning in 2021, Canada will target the arrival of over 400,000 new permanent residents each year. Canada has only achieved this target once in its history, back in 1913.
...Consider that an immigration target above 400,000 could see Canada become a nation of 100 million people by 2100...:
Tuesday, December 15, 2020
During the Worst Employment Situation in Canada, 158,000 Allowed to Enter Canada
https://www.cicnews.com/2020/12/canada-welcomed-another-15000-new-immigrants-in-october-1216551.html#gs.o5mmhf
Not clear as to whether citizens versus permanent residents, Express entry, visa holders, temp workers, reunifed members of family, students or such.
"...Canada has welcomed about 158,600 immigrants in the first 10 months of 2020 which strongly suggests it will fall short of 200,000 arrivals by the end of the year for the first time since 1999. Canada welcomed over 341,000 total last year and was aiming to welcome the same level in 2020 before the pandemic hit..."
"...Canada has welcomed about 158,600 immigrants in the first 10 months of 2020 which strongly suggests it will fall short of 200,000 arrivals by the end of the year for the first time since 1999. Canada welcomed over 341,000 total last year and was aiming to welcome the same level in 2020 before the pandemic hit..."
When It Comes To Politics There Are Two Different Sciences Reflected by Covid Crisis and the Environmental "Crisis"
"...Are they planning to submit the carbon tax for clinical trials? Can you put the carbon tax under a microscope? Can they read us the formula for stopping global warming? The analogy is forced, meretricious and hollow, a brazen attempt to borrow the prestige of a successful cure — done in miracle time — for a pandemic, and tape it on to a political project...."
Monday, December 14, 2020
It's Coming: The Day Canada's Debt Rating Will be Downgraded or Worse - There Are No Buyers of Our Debt
"...“Canada’s recently released medium-term financial roadmap reinforces the likelihood of a rising public debt burden and expansionary fiscal policy without precise details of a return to a fiscal anchor and consolidation,” Fitch Ratings said in an article posted on its website on Monday.
“Canada’s public financial profile would weaken relative to its ‘AA’ category peers if the federal budgets for fiscal years 2021-22 and 2022-23 adhere to the government’s medium-term operational forecasts and stimulus plans as outlined in the Fall Economic Statement (FES) without new revenue-raising measures,” Fitch added..."
Real Life Grinches: Our Society of Demanfing and Expecting Respect From Being an Offended Puritan
"...a woman who’d festooned her house with holiday decorations got a note from neighbours, blasting her for erecting “a reminder of systemic biases against our neighbours who don’t celebrate Christmas or who can’t afford to put up lights.”
And the COVID kicker that really made this story go viral: she’s a hospital nurse who staffs the local coronavirus ward.
“The idea of twinkling, colourful lights are a reminder of divisions that continue to run through our society,” wrote the neighbours. “We must do the work of educating ourselves about the harmful impact an outward facing display like yours can have.”
Trudeau's Experimental Refugee Crusade Now Showing Cracks As Support Has Run Out - Now What?
After doling out money to all Canadians (clearly excluding seniors and Albertans), and even extending to permanent residents, temp workers, visa holders and international students, I'm sure Justin will be making an announcement on this...
"...She and Alhajali are among dozens of people trying to convince the federal government to provide an additional six months of financial support to refugees in acknowledgment of the pandemic’s toll.
So far, they say, the government has shown little interest.
Canada had planned to settle 20,000 privately sponsored refugees this year but by the end of September only 3,500 had arrived. How long it will take for the rest remains unclear.
A spokesman for Immigration Minister Marco Mendicino said the entire immigration system has, and continues to be, challenged by the pandemic, pointing to among other things the need to find and provide quarantine spaces for incoming arrivals.
“While many countries have closed their doors to refugees, we continue to welcome the world’s most vulnerable, recognizing these constraints,” Alexander Cohen said in an email..."
Saturday, December 12, 2020
Friday, December 11, 2020
Get Ready For the Selloff (After One of the Most Significant Comeback Bull Matkets of All Time)
Bidding for SPY, QQQ puts (TSLA too but too expensive for my liking). Buy GLD calls and probably VIX
http://www.bnnbloomberg.ca/equity-market-bubble-will-end-in-tears-rosenberg-warns-1.1533399
CBC: Thankfully Now Being Monitored and Hopefully a "Reset" Pertains to It Too
"...With modern media content so varied and ubiquitous, it’s fair to ask how much of it — if any — CBC should be providing.
...So if there’s a local a.m. “wake up” or “drive home” show, there has to be a CBC one. Three local, private TV weathermen are not enough. There has to be another one from CBC, waving at the weather map in a distinctively Canadian way. Is the private traffic helicopter not sufficiently Canadian? What about the ads for erectile dysfunction treatments?..."
TMAC Resources: The Two Michaels Can Be Saved By Canada, US; However There Is Still A Northern Gold Producer Acquisition By China Yet To Be Approved
Not to mention there is an acquisition process by Shandong Gold of TMAC Resources, the most northerly gold producer in Canada's remote far north and with port access and other infrastructure, yet to be approved by the Liberal government on security grounds. What a coincidence the PLA welcomes "sharing" of arctic training from the Canadian Forces during this ongoing transaction approval process.
" ..The bureaucrats headed to their battlements, meaning crafting memoranda. Drafts flew back and forth, and have now been released. As is customary, they were supposed to black out the bits that are illuminating but embarrassing. They forgot to do it, or, one hopes, a conscientious whistleblower somewhere decided to let the cowardice out of the diplomatic bag.
The entire exchange is characterized by the fear that the PLA or Chinese politburo may take offence at being denied espionage-friendly access to Canadian bases. There is not a hint of shock, let alone dismay, that the Canadian Armed Forces are training the PLA, precisely in techniques that would prove helpful if, say, the PLA went venturing about in the high Canadian Arctic. The diplomatic drafts insist that before Vance take any actions on PLA co-operation he should clear them first with Global Affairs, to avoid any chill at receptions hosted by the Canadian embassy in Beijing..."
Thursday, December 10, 2020
Do Canadians Care or Have Curousity About Canadian Things Anymore?
https://www.citynews1130.com/2020/12/09/google-canadas-top-trending-searches-of-2020/
Do Canadians care about Canadian things, Canada anymore ?
Canadians do not seem to spend a lot of time searching for information about our country, events or people. In overall searches this year, the Top 10 has only two Canadian items: “Raptors” and “CERB". And both generated less search traffic than “Kobe Bryant” and “Zoom.”
Similarly, in the “People” category, there are no Canadians in the Top 10.
Wednesday, December 9, 2020
Canada's Parole System at Work: Member of Toronto 18 Now Pledges to be a "Model Citizen"...Now?
Will he be whatsapp chat buddies with Khadr?
Tuesday, December 8, 2020
Oil Demand Not Going Anywhere (FP Video)
Combined with unsustainable demand for nickel, cobalt and lithium, EVs will not replace current cars for decades
https://youtu.be/KID8958quqA?list=PLRkPf_Z5RVh98QSOwEWXKmcUB3m6gJigO
Finally an Adult (and Experience) In the Room: Finance Department Adds Michael Sabia
Hopefully this means Canadians finally have an adult, and experience, in the room
"...“He can be the bad cop with the PMO,” said the person, who spoke on the condition of anonymity because of the sensitivity of the issue..."
Monday, December 7, 2020
Trudeau Transparency? Yet Another Broken Promise: Still No Details Where Billions Are Being Spent
Even the CBC called out Justin
"...When Justin Trudeau ran for office in 2015, he promised Canadians a more open and transparent government.
An investigation by CBC News reveals, however, that the Trudeau government hasn't been entirely transparent about where COVID-19 aid worth billions of dollars has gone...."
https://www.cbc.ca/news/politics/covid-spending-government-transparency-1.5826917
Sunday, December 6, 2020
More Lies of "Free Universal" Health Care; Disappointing Example of Why People Choose to Move, and Are Accepted, Into Canada
More lies spread about "free universal" health care. As a provincial example, $63.4 billion in Ontario, the largest expenditure by the province ($5,000 for every man, woman, child), more than twice education ($29.8 billion, not including Ontario Teachers Pension Plan impact). Free? Ontarians pay ~$78 billion in income and sales taxes (of a total $153 billion the province takes in). Also, a disappointing example that a top reason someone desires and is lucky enough to emigrate to Canada (it is not values, not acknowledgement of opportunities, not our Franco-Anglo history, not an inspiring anthem, not enjoying winter sports, not Canadian culture, not two official languages, not the ability to contribute to society, not education standards, not Commonwealth, not voting in elections, not for rural or urban reasons, not rule of law, not our quirky accent and "eh")...but the commonplace western world social benefit of healthcare (although important) - that's a main reason?
https://www.cicnews.com/2020/12/why-i-chose-to-move-to-canada-1216395.html#gs.mskpq6
Friday, December 4, 2020
What The Easy Questions by an Interviewer Can Lead Toward: RioCan Slashes Dividend Shortly After CEO on BNN Portraying Business is Fine Despite Pandemic Challenges
Letter to BNN:
"...I realize Mr. Sonshine is one of your preferred guests and presents well; however, he mislead and misrepresented RioCan to your interviewers and the general public. In fact, your interviewers failed to ask the right questions that could have allowed the uncertainty of dividend payments to become more apparent and let your audience make the decision for themselves whether there were risks or not. Who at BNN is reviewing the financial statements in parallel with the invitations made to your guests? Both of these activities are portraying different stories..."
Thursday, December 3, 2020
The Liberal Finance "Reality Show" (as These Reality Shows Are Anything But)
"...We’re meant to be reassured that these deep thinkers who mistake paper money for real stuff and words for deeds are “developing details of a plan to help Canada build back better.” But can we see those details? Of course not. They’re imaginary. And without details, a plan is just an intention. Or a phantom...."
Liberals' Parliamentary Budget or Economic Update? As a Minority Government, Liberals Have Managed to Avoid Oversight, Committees, Transparency (Oh Right, Liberals Don't Like Committees)
https://nationalpost.com/opinion/rex-murphy-a-237-page-fiscal-update-but-still-no-budget
"...If the Department of Finance can produce an Eaton’s catalogue of spending plans, gender moralism and green initiatives, and conjure up an additional $100 billion in future stimulus spending on top of a deficit that could end up being as high as $400 billion, why, oh why, could it not produce — hold your breath — an actual budget? As Parliament requires. A budget, lest we forget, is absolutely central to the functioning of a parliamentary democracy.
Well, the obvious reason is that what the country got this week was a budget, but camouflaged for political convenience as an update. This was done in order to exempt it from the seriousness, consequences and oversight of an actual budget. You know, oversight, debates, committees, etc.
This government is executing the greatest spending splurge in our history with a half-closed Parliament and while refusing to table an actual budget. Consider the irony of being the government that spent the most money in history, and the only one not to table a budget. This is Alice taking up residence in the rabbit hole..."
Wednesday, December 2, 2020
What is Happening With Financial Leadership in Canada? Finance Minister, Now Deputy Minister...There They Were, Gone
Tuesday, December 1, 2020
The Vote Buying Liberal Machine Rolls On Through Pandemic
Yes Virginia there is a Santa Claus and incomes in Canada actually rose during the most rapid drop in GDP
"...Real disposable income in this country rose by more than 10 per cent in the first half of the year, even as GDP fell by 13 per cent, because the government distributed around $56 billion in income replacement to cover just $23 billion in lost income. “Many people have substantially increased their savings…and household balance sheets are now in a better place than would normally be the case,” the statement says.
Is Canada Moving Towards a Country of "Residents" or "Citizens"
"...The Provincial Nominee Program (PNP), which began modestly in 1998 with the admission of approximately 200 people to Canada, will now see the intake of over 80,000 new permanent residents every year. At least 3,744 immigration candidates received invitations through a provincial immigration program this past month...
The PNP allows participating Canadian provinces and territories to select a set number of economic immigrants each year and nominate them for permanent residence...
British Columbia invited 360 candidates to apply for a provincial nomination through five streams of the BC PNP on November 24.invited 76 candidates to apply for a provincial nomination through four streams of the BC PNP on November 17. This was a Tech Pilot draw.invited 358 candidates to apply for a provincial nomination through five streams of the BC PNP on November 10.invited 76 candidates to apply for a provincial nomination through four streams of the BC PNP on November 3. This was a Tech Pilot draw.
Manitoba invited 196 candidates, including 40 Express Entry candidates, to apply to the MPNP under three MPNP streams on November 19. invited 205 candidates, including 7 Express Entry candidates, to apply to the MPNP under three MPNP streams on November 5.
Newfoundland and Labrador The NLPNP is creating a new PNP stream, Priority Skills Newfoundland and Labrador, targeting highly educated and skilled individuals with experience in the province’s in-demand sectors.
Ontario opened the Employer Job Offer: International Student stream for an intake period on November 26 and closed the intake period due to technical difficulties.reached the intake limit for its Employer Job Offer: In-Demand Skills stream for 2020 on November 16. No additional registrations will be accepted until further notice.issued 443 notifications of interest to Express Entry candidates through the Human Capital Priorities stream on November 12. Nine occupations were eligible.announced that the Ontario Regional Immigration Pilot had reached its intake quota for 2020 on November 5. Applications will resume in 2021.issued 726 invitations to Express Entry candidates today through the French-Speaking Skilled Worker and the Skilled Trades streams of the OINP on November 4.
Prince Edward Island invited 221 candidates to apply through the Labour & Express Entry streams. A further 33 invitations were issued in the Business Work Permit Entrepreneur category. Both draws were held on November 19.
Saskatchewan introduced 10 new points available in the SINP ranking system for candidates who speak both French and English on November 24. These changes impact the Express Entry and Occupations In-Demand streams of the SINP.invited 551 candidates from the Express Entry and Occupations In-Demand streams of the SINP on November 19. Only certain occupations were considered.invited 532 candidates from the Express Entry and Occupations In-Demand streams of the SINP. Only certain occupations were considered on November 3..."
TMAC Resources Acquisition by Shandong Gold: The Score Card With China Increases
Add this to the Meng and two Michaels score card with China
"...Canada still does not have new icebreakers unlike Russia, which is building a fleet of 13 new polar icebreakers. Beijing has two medium-strength icebreakers and is building a larger, more powerful icebreaker as it looks to use the Arctic as a shipping lane and to exploit minerals.
Mr. Fraser said Ottawa also needs to have a bigger military presence in the Arctic, including continued air surveillance operations using autonomous underwater vehicles and regular navy and coast guard patrols. Canada is starting to accept delivery of new Arctic and offshore patrol vessels but they can’t operate in the Far North during the winter and have limited ice-breaking capability.
He said the government has been “asleep at the switch” when it comes to asserting Canadian sovereignty in the Arctic.
Sunday, November 29, 2020
How Does Media, Publications and Online Rags Avoid Consequences Spreading Leftist Lies? This One Claiming Canada the Land With "Low Unemployment Rates" and "Free" Healthcare
"Low" unemployment rate and "Free" universal health care? This is Canada? Then why are my (among others) provincial taxes so high with most of those provincial tax dollars going to health care "expenditures"? Significantly more dollars than even second place education? (Yet another example of reckless, leftist reporting when health care is portrayed like this).
"...With over 100 immigration options, low unemployment rates and free universal healthcare, it is understandable that Canada is popular among those who wish to move abroad..."
https://www.cicnews.com/2020/11/which-nationalities-want-to-move-to-canada-1116410.html#gs.moi093
Saturday, November 28, 2020
Who Loves Permanent Residents More Than the Real Estate Agency: Creating Aritificial Demand Shocks, no Wonder
Better Dwelling: Toronto and Vancouver Permanent Resident Declines Get Larger.
https://betterdwelling.com/toronto-and-vancouver-permanent-resident-declines-get-larger/
Friday, November 27, 2020
VIX Below 20?!?!? Calm Before the Storm...
With record monthly returns (especially during an election year) on the DOW, all time record highs, a surprisingly quiet post-Biden victory/pre-handover by Trump period, tax loss selling upcoming from year end approaching to book returns (and bonuses for portfolio managers), surprising to see market reflected as such.
Time to buy VIX, GLD call options and SPY puts. More to follow...
Canadian Citizenship, What's It Worth? 20 Questions, 30 minutes, In Your Pyjamas (Look For Scores of 100% Woth New Online, Unsupervised Exam)
https://www.cicnews.com/2020/11/canada-is-resuming-online-citizenship-testing-1116403.html#gs.micor3
"...As of September 7, about 85,000 people were waiting to take the citizenship test, according to IRCC data...."
"...As part of the Citizenship Act, all citizenship applicants between ages 18 to 54 must demonstrate knowledge of Canada in order to become citizens. Prior to 1994, this process was done by interview, which is still the case for applicants over age 55...."
With 300,000 Ex Pats Already in HongKong That Could All Return To Canada at Same Time, Liberals Approve More Ways Aimed at HongKong Youth to Enter, Stay, Work in Canada on Path to Quicker Permanent Residency Status
"...The government will also expedite study permit applications for eligible Hong Kong youth who wish to study in Canada. Once they complete their studies, these students will be able to apply directly for permanent residence through the second pathway.
Under these new programs, applicants will be able to include spouses, partners and dependent children residing in the country as part of their application..."
...Provincial Nominee Programs (PNP) are another immigration option. More than 240,000 people are expected to get Canadian permanent residence through PNPs between now and 2023
...Canadians can also sponsor their parents and grand parents for permanent residence. Next year, Canada aims to accept 30,000 applications through the Parents and Grandparents Program.
Wednesday, November 25, 2020
During a Pandemic, Quaranting, (Supposed) Restricted Travel and Record Unemployment, Liberals Steamroll On With Record Immigration, Permanent Residents, Parent/Grandparent Reunification, Temporary Resident Programs
During a pandemic, these numbers should they not have been reviewed and thought to be adjusted rather than steamrolling in the current vector?
"...This has been a banner year for Express Entry in spite of COVID-19 with Canada having already invited 92,350 immigration candidates in 2020, the highest level ever. Canada could end the year by surpassing 100,000 invitations to apply for the very first time since Express Entry was born in 2015...
...For 2020, IRCC will invite up to 10,000 sponsors to apply to sponsor parents and grandparents for Canadian immigration. Next year, IRCC is expected to invite up to 30,000 sponsors..."
...Mendicino recently told Bloomberg that Canada is looking into more ways to allow temporary residents to transition to permanent residents. This is supposed to help make up for the decline in new immigrants admitted to Canada during the pandemic, which has also resulted in a hit to Canada’s population and economic growth. Though we don’t know exactly when this announcement will be made, it’s worth keeping on the radar. While it could come as soon as by December, IRCC sometimes delays such major announcements until after the holidays.
There are a number of ways the federal government can create more pathways to permanent residence for temporary foreign workers and international students. Here are some of the options IRCC could employ to allow more temporary residents to become Canadian permanent residents...."
Trudeau's Vaccine Lies Are Showing After Rolling Out Soft Spoken Procurement Minister This Whole Time
Anything to carry this underhanded, non-transparent government through minority status for another day. Cracks appearing now in Trudeau's false hopes of vaccine vision for Canadians as timeline and capacity limits start to sink in. Vaccines for Canadians in early 2022 for something that has not yet been approved by any country nevermind Canada, manufactured, shipped after being determined where in the queue Canada lies (at least behind US, Germany and probably a good part of Europe) is impossible no matter how many millions of vaccinations this government has claimed to have under contract.
Why is Minister of Innovation (Imagination?) Navdeep Bains involved in this? Vaccine manufacturing facilities are a "need", they don't exist already to make better or "innovate" them. It's binary.
"...Industry Minister Navdeep Bains said unfortunately there were no simple solutions when it came to increasing manufacturing.
“We need to recognize that building these complex bio-manufacturing facilities takes time,” he said.
At the start of the pandemic, Canada made virtually no personal protective equipment inside our borders. Bains said the government has worked to change that and will do the same with vaccines...'
Monday, November 23, 2020
"Virtual" Citizenship Testing Due to Backlog?
https://www.cicnews.com/2020/11/advocates-calling-on-canada-to-resolve-citizenship-application-backlog-1116315.html#gs.m6hbkd
Friday, November 20, 2020
Canada's Immigration By The Numbers: Are They Fair?
"...India is by far Canada’s leading source of immigrants and international students.
In 2019, Canada welcomed over 85,000 immigrants from India, which was one-quarter of the over 341,000 new permanent residents admitted by Canada.
Last year, Canada hosted 220,000 international students which is more than one-third of the over 640,000 international students in Canada in 2019...."
Canadian Immigration Motivations: Is it About Values, Canadian Culture, Safety, Rule of Law, History, How Viewed On World Stage, Or....
Although, "prospective immigrants expect economic conditions in their home country to be worse than in Canada...", yet...
"...Nearly half of respondents, 48 per cent, said that an economic recession in Canada would have no impact on their immigration plans...."
??????????
During Pandemic Liberals Continue With the "Hard Work" Concerning Covid and Fighting Immediate Spread, Deaths from Virus With...Climate Change Targets in Three Decades From Now
Canadians cannot even have disclosure on current pandemic spending from the Finance Minister, nevrmind this. (Maybe by 2030 we'll have that too)
"...to set five-year targets, beginning in 2030... It also requires the finance minister to provide annual reports on what she is doing to guard against financial risks posed by climate change..."
Thursday, November 19, 2020
Liberals' Immigration Numbers - Do They Even Add Up? Now 70,000 Allowed Under Spousal Immigration (Of Supposedly 400,000 Annually)
"...Prior to the pandemic, Canada was aiming to welcome 70,000 new immigrants under its Spouses, Partners and Children category. Under its new 2021-2023 Immigration Levels Plan this target will increase to around 80,000 annually moving forward..."
Without a Vaccine, Will Canada Ever Reduce Its Covid Cases With this Lack of Quarantining: 6.5 Million Entries Into Canada Dud Nit Quarantine According to CSIB Estimates
Surely the Government of Canada keeps track ( and stop calling me Shirley)
"...More than five million arrivals into Canada have been allowed to skip the 14-day quarantine requirement put in place when the country closed its borders to non-essential travel in late March, the Canada Border Services Agency estimates.
The data — which was compiled by the CBSA at the request of CBC News — shows that more than 80 per cent of the 6.5 million total arrivals into Canada between March 31 and Nov. 12 were exempt from the quarantine meant to battle the COVID-19 pandemic.
The arrival numbers include repeat entries by the same person.
...The CBSA calculated a total of 5.3 million quarantine-exempt entries, but said the number is only an estimate because the federal government didn't start to track everyone in that group until July 31... "
In a Pandemic, Canada Surpasses its Own Targets in Admitting Those Under Express Entry: 92,350
"...Express Entry: 5,000 ITAs in biggest draw ever
Canada has now issued 92,350 ITAs this year, surpassing targets.
The new draw brings the total number of ITAs issued in 2020 to 92,350. This year is shaping up to be a new record-breaking year for Express Entry, as the number of ITAs issued to date is the highest it has ever been.
The large number of ITAs is in line with Canada’s commitment to welcome over 400,000 new immigrants in 2021, most of them coming through the Express Entry system..."
https://www.cicnews.com/2020/11/express-entry-5000-itas-biggest-draw-ever-1116275.html#gs.laiyd0
Monday, November 16, 2020
Pfizer CEO Councidental Planned Share Sale Date and Release date of Results..Hmmmm
"...Shares in Pfizer rose 7 per cent and chief executive Albert Bourla sold US$5.6 million of stock at a whisker from the company’s all-time high.
This drew some negative attention. But Pfizer rolled out a tried-and-tested response. “The sale of these shares is part of Bourla’s personal financial planning and a pre-established (10b5-1) plan, which allows, under SEC rules, major shareholders and insiders of exchange-listed corporations to trade a pre-determined number of shares at a pre-determined time,” Pfizer said."
Sunday, November 15, 2020
It Does Not Even Pause During a Pandemic:Canada Immigration News: 15,000 people obtained Canadian permanent residence in September
With lockdowns, record unemployment, record housing prices this is the government's response
Was Canada Overly Generous, Spend Too Much During the Pandemic? Incomes Actually Increased 11%
"...A new report by the Organization for Economic Co-Operation and Development (OECD) shows that household incomes in Canada increased by 11 per cent in the second quarter of 2020, while incomes in other developed nations including the U.K., France and Germany decreased. The boost came despite a more than 10 per cent contraction in the Canadian economy over the same period, shortly after strict lockdowns were introduced across the country...."
Friday, November 13, 2020
Liberals Never Miss a Chance to Create a Migration Problem, Need Then See Themselves as the Solution: Allowing Hongkongers Into Canada After Protests Now - Is This Not A Little Too Late?
In Hong Kong, 300,000 already are Canadian ex-pats that can return to Canada at any time, yet Canada wants to bend over backward for students and asylum seekers from Hong Kong
"...Under the changes Mendocino announced students from Hong Kong will be able to stay for an extended period on work permits and the government will introduce new work permits for people in Hong Kong who have recently completed post-secondary education. The government will also set a clear path for people on work permits to apply for permanent residency.
There are 300,000 Canadians living in Hong Kong and Mendocino said any travel documents they need will be expedited and their immediate family members will be able to travel to Canada in spite of COVID-19 restrictions."
https://nationalpost.com/news/politics/canada-opens-doors-wider-to-immigrants-from-hong-kong-as-china-clamps-down
History in Canada is "Selective" and is Researched and Retold to Satisfy Causes, Portray Someone Or Something Negatively: Schools are Failing Students and Canadians of Canadian History Education
50th anniversary of the October Crisis?...crickets. Do Canadians acknowledge Samuel de Champlain's founding/settlement of Quebec City of New France on July 3rd, 1608?...Never. Countdown to 40th anniversary of the often quoted and relied upon Charter of Rights and Freedoms?...Not an ounce of anticipation. 102nd anniversary of World War 1, 75th anniversary of end of World War 2 and 70th anniversary of Korean war and Canada's contributions to them?...Covid times, observe at home, no history tests, mention or ceremonies for that.
Sadly in Canada, "...History is an afterthought in this country, and always has been. Only a tiny fraction of those kids will go on to study history after high school, and what little they’ve learned will get muddled in their minds as time passes — this is the nature of things. So we shouldn’t be surprised when people are shocked that bad things happened in Canada, and that even some of our most pivotal citizens were sometimes responsible for them. The principal is more right than she knew — we really are discovering all this in recent years.
But that’s only because we haven’t been paying attention. Macdonald’s conduct wasn’t recently discovered because some trove of documents was unearthed that radically altered our view of the man..."
Wednesday, November 11, 2020
ETFs: Success Begets Success...And More Buying...And More Success...And More Contributions...And More Buying
Can anyone start to see how the rel estate market works now?
BNN: World's biggest ETF lures US$9.8B in a day on vaccine hope.
https://www.bnnbloomberg.ca/world-s-biggest-etf-lures-us-9-8b-in-a-day-on-vaccine-hope-1.1520254
Tuesday, November 10, 2020
On the Overly Sensitive Issue of Immigration, thr Financial Post Has Some Sobering Opinions and Polls Around Liberal-ly Increasing Annual Immigration Numbers at This Time
"...A new poll by Nanos Research Group for Bloomberg News notes that a mere 17 per cent of Canadian respondents believe the country should accept more immigrants in 2021 than it did last year.
As many as 40 per cent of respondents said the government should in fact reduce the number of new permanent residents accepted in 2021 below 340,000, while 36 per cent favoured the same immigration levels as 2019.
Opposition parties are also raising concerns, Bloomberg reported.
“We’re facing 9 per cent to 10 per cent unemployment — more than a million Canadians are out of work,” Conservative lawmaker Raquel Dancho told Bloomberg in an interview, adding that affordable housing is also scarce. “Where are these folks going to work? Where are these folks going to live?”..."
https://financialpost.com/executive/posthaste-canada-and-the-u-s-s-fierce-rivalry-is-poised-to-resume-in-this-one-key-area-under-joe-biden
Another Day, Another Liberal Conflict on the Desk of the Ethics Commissioner
"...Yasmin Ratansi, who represents Don Valley East for the Liberals, says in a statement posted to Facebook on Monday night that she “made an error” by employing her sister..."
https://nationalpost.com/news/politics/liberal-mp-resigns-from-caucus-after-employing-sister-in-constituency-office
The Idiocy of Unions ans "Collective" Agreements: Canada's Senior Care Homes
https://nationalpost.com/news/canada/company-says-union-rejected-deal-to-pay-employees-more-to-work-exclusively-at-its-long-term-care-homes-during-pandemic
In offering higher wages to workers to exclusively work at one seniors home to prevent the spread of covid, the union argued that ALL employees should receive the raise whether at one location or not. A "unionspeak" head scratcher.
"...Levitt said the union argued all employees should get a raise, which Levitt said defeated the purpose of the offer to incentivize employees to work at just one home before the provinces brought in their own rules during the first wave of the pandemic..."
Monday, November 9, 2020
Saturday, November 7, 2020
Canada's Express Entry Program Comprising 25% of Future Immigration Levels: Will This be the Program That Fixes Them All?
Somehow this is supposed to fix the record breaking unemployment as well as chronic "skills shortages" and "aging population" - two of the problems every time you open a paper and that have been unsolved issues for decades despite Canada's overly generous immigration programs. Will this be the program that finally gets it right?
"...The admission target for Canada’s PNP has been set in the plan at 80,800 for 2021, and this number is expected to increase annually.
For 2022 and 2023, IRCC is planning to raise the number of PNP admissions to 81,500 and 83,000, respectively...."
Friday, November 6, 2020
Whenever You (Liberals) Need a Head Scratching Answer, Send in Minister Jean-Yves Duclos: How Does He Sleep at Night?
https://nationalpost.com/news/politics/opposition-grills-treasury-board-president-about-lacking-transparency-on-billions-in-federal-spending
Once again Minister Jean-Yves Duclos gets the short end of the stick. Whenever a bewildering answer is required to an obvious problem, send out Minister Jean-Yves Duclos. He has made a career of it. Whether it is explaining why Services Canada began using "Parent 1" and "Parent 2" versus Mom and/or Dad or this basic question of "where are the billions going?", Duclos is the mindless Liberal robot that actually speaks the illogical answers/justifications. How can he sleep at night?
Wednesday, November 4, 2020
Tuesday, November 3, 2020
Is the Media Biased? Just Tune In To CTV's Coverage of The US Election and Trump's "Record"
Wasn't Ronald Reagan an actor?
Post Hallowe'en Fright: Liberals Propping Up "Approved" Media Sources Through, of All Things, a CRA Approved Tax Credit (The Gall of it All)
As tax season approaches...
Rarely do I post from this source, but it has one of the most plain uses of explaining financial details to the broader masses. And if you are not frightened by this plain English (although Hallowe'en has already passed), I'm not sure how else to explain. The $500 Digital News Subscription Tax Credit is an income tax measuresmeant "to support journalism". Laughable and horrific at the same time.
Not only that, the Liberals have set up, through CRA approvals, have set up a "Qualified Canadian Journalism Organization" allowed to call what is "news" and approve "journalism".
Anyone remember reading that book 1984 in high school?
"...Qualified Canadian journalism organization...To be designated as a qualified Canadian journalism organization (QCJO), an organization is required to meet the criteria set out in the Income Tax Act. For more information on these criteria, go to Guidance on income tax measures to support journalism..."
"...An organization must first be designated as a QCJO to claim the Canadian journalism labour tax credit; potentially have their subscription costs be considered as qualifying subscription expenses for the digital news subscription tax credit; and/or apply for qualified donee status as a registered journalism organization..."
"...The CRA will work with the Independent Advisory Board on the Eligibility for Journalism Tax Measures (Advisory Board), who will review application and make recommendations as to whether the organization produces original news content and follows journalistic processes and principles..."
"...1. Background:1.1. Federal Budget 2019 introduced three income tax measures to provide support to Canadian journalism organizations producing original news content, namely:
a 25% refundable labour tax credit for salary or wages payable in respect of an eligible newsroom employee on or after January 1, 2019;
a 15% non-refundable personal income tax credit to allow individuals to claim digital news subscription costs paid to a qualifying organization after 2019 and before 2025; and
extending eligibility for registration as a qualified donee to registered journalism organizations (RJO), beginning on January 1, 2020.
1.2. The legislation amending the Income Tax Act (the Act) related to the above measures, received Royal Assent on June 21, 2019..."
Monday, November 2, 2020
Another Day, Another Liberal Scandal Brewing: Facebook Oversight or Lobbying? Will Canadians Ever Learn?
Here comes the next Liberals' scandal walking straight down Yonge St plain as day. Still have not learned from scandalous lobbying fiascos of the past...
"...FRIENDS [of Canadian Broadcasting] is alarmed to learn of the cozy relationship between one of Heritage Minister Steven Guilbeault’s most senior officials … and Facebook’s most senior Canadian lobbyist,” the organization’s executive director, Daniel Bernhard, wrote in a letter to Guilbeault Thursday.
Of particular alarm for Bernhard is the fact that Chan told Ripley that he was open to hiring public servants who took a temporary leave of absence from their department to come work for Facebook. They could then later return to their public sector jobs.
“Incredibly, Mr. Ripley saw no problem with Facebook’s suggestion that these staffers return to public office after a short stint at Facebook, so that they could resume regulating the company that had just paid them handsomely,” Bernhard wrote to the minister..."
Sunday, November 1, 2020
Justin's Selective Apology Process: Apologize for Any Past Wrong, but Not When Your Father is Involved
https://nationalpost.com/opinion/chris-selley-october-crisis-apology-is-deserved-despite-sovereigntists-romanticizing-of-flq
Justin is turning down a chance to apologize for a monumental, dark moment in Canadian history involving Quebec? Oh right, because his Dad was involved
"...It’s the 50th anniversary of the FLQ Crisis, and the House of Commons is divided on whether Prime Minister Justin Trudeau should apologize, on behalf of the government, for turning Montreal into a police state. Bloc Québécois Leader Yves-François Blanchet moved a motion demanding it on Thursday. The New Democrats support it, while the Liberals and Conservatives aren’t interested....That’s perhaps understandable: Pierre Trudeau is a Liberal saint..."
Friday, October 30, 2020
Federal government to announce new immigration targets today: Extreme Views and Numbers From the NDP and Liberals
https://www.cbc.ca/news/politics/mendicino-immigration-pandemic-refugees-1.5782642
This during a time of a pandemic and anxiety-inducing unemployment levels. According to the Liberals, "immigration sells".
After decades of chronic "skills shortages", an "aging population" and most new permanent residents, citizens and Express Entrants overburdening three main urban centers, we will see if this government can get it right.
The professional and eloquent language of a first world leader, "That really sucks". Canadians deserve better conduct than this
The professional and eloquent language of a first world leader, "That really sucks". Canadians deserve better conduct than this.
https://nationalpost.com/news/politics/the-covid-19-pandemic-really-sucks-and-christmas-is-now-in-jeopardy-trudeau-warns
Wednesday, October 28, 2020
VIX Update - Volatility Loves Uncertainty
An out of the money option with little open interest has quickly turned into a high volume trade ahead of US election
Monday, October 26, 2020
Transparency and Clarity Pronised by the Liberals in 2015: We Are Still Waiting
https://nationalpost.com/news/politics/economists-call-for-improved-spending-transparency-as-trudeau-again-refuses-to-set-fiscal-anchor
"...But they also suggest that the failure to set a new fiscal target is part of a broader hesitancy in Ottawa to provide transparent information on pandemic spending. The federal government has not provided detailed updates on cash flows of some of its biggest programs, he said, and has instead stuck with highly generalized overviews that provide no detail about funding recipients.
Taken together, Page said, the situation amounts to an increasingly hazy fiscal outlook for the country.
Thursday, October 22, 2020
How to Trade on the USA Election: VIX Options
https://finance.yahoo.com/news/looking-vix-election-years-2020-165845346.html
No matter the outcome, if the uncertainty continues around an unclear election result, then this is all you need.
Looking at November 24 expiry, 80 strike calls
However, the VIX during "normal" elections years...
Buffett: Barrick and Suncor as he Looks to Canada
https://ca.finance.yahoo.com/news/warren-buffett-100-canadian-portfolio-163003129.html?guccounter=1
"...Specifically, in the last reported quarter, Buffett had about US$794 million invested in Canada. He had invested roughly US$565 million, or 71%, of his Canadian portfolio in Barrick Gold (TSX:ABX)(NYSE:GOLD) and US$231 million, or nearly 29%, in Suncor Energy (TSX:SU)(NYSE:SU)...."
Wednesday, October 21, 2020
“Canadians have for years indicated they want a country they can’t afford": National Post
"...Indeed, when challenged about our parlous national finances, new Finance Minister of Everything Chrystia Freeland said “these are things we just can’t afford not to do.” Now McParland is not responsible for anything I say, let alone how. But these are his words: “That’s not an answer, it’s a slogan, and a tired, empty one at that. No country can afford to live on loans forever … Country after country has discovered the price of that reality.”
https://nationalpost.com/opinion/john-robson-canadians-need-to-wake-up-to-the-financial-mess-were-in
It's Official: So Much for Electoral Reform, Transparency, Ends to Omninus Bills, Prorogation,
"...It reads like satire now but five years ago, the Trudeau Liberals were elected on a platform that promised electoral reform; stronger Access to Information legislation; an end to the use of omnibus bills and prorogation; and, more robust parliamentary committees that could better hold the government to account...."
However, after buying off Canadians votes with various CERB programs, wage subsidies, rental relief, students, etc as well as a left wing agenda dictated by the NDP agreements needed to keep this minority government afloat, the scandal-lead, ethics challenged, financially aloof Liberals wilm likely be voted in again.
An election may be announced today
https://nationalpost.com/opinion/john-ivison-trudeaus-willingness-to-opt-for-nuclear-option-to-avoid-awkward-questions-is-troubling
Tuesday, October 20, 2020
It's all in Jagmeet's hands (and he must be loving it). What will he say tomorrow? It's rarely said, but a Big day on Parliament Hill
A committee proposal to continue on with the WE Charity scandal work before a prorogued Parliament to one party means a confidence motion to another party and a "we will be no part of this" to another party. Unfortunately one party in this Mexican standoff is going to make the call - that is Jagmeet Singh. Will it be the confirmation of a NDPLiberals coalition or will the NDP truly stand on its own?
Liberals Really Know How To Rake Advantage of a Crisis and to Deflect
https://nationalpost.com/news/politics/liberals-threaten-to-call-election-if-parliament-passes-anti-corruption-committee-motion
"...The Bloc Québécois supports the motion, while the NDP has not made a final decision on the matter and continues to negotiate with the Liberals.
But Monday’s threat of a confidence vote by Liberals did not impress the opposition.
“Is he really suggesting that if the committee looks into Trudeau’s corruption that Trudeau is just going to call an election?” said Conservative MP Pierre Poilievre. “No government in Canadian history has been brought down because an opposition motion passed to set up a committee.”
Monday, October 19, 2020
MBSs and CMBs: How the BoC "Manages" Canada's Mortgage Market
"...First, a quick refresher (or intro) to Canada Mortgage Bonds (CMBs). Lenders originate mortgages, pool them, then sell the pool as mortgage backed securities (MBS) to the government. To pay for the MBS, the government sells CMBs to investors to get the funds. The cash flow from the MBS, is then used to pay investors holding the CMBs. In other words, a CMB is a state-backed security for mortgage financing in Canada. Easy, right? Totally obvious, and I’m sure you got that on the first read.
These influence the cost of borrowing based demand for these bonds. When investor demand for CMBs rises, interest paid to investors falls. When demand falls, interest paid should rise. It’s a simple concept based on demand of the free market, which changes based on the risk environment. Except in a country that may have a housing bubble. Then when demand evaporates due to risk – the state steps in..."
Liberals' WE Charity Strategy Playimg Out As Per Plan: Prorogued Parliamemt Was Alawaus in the Works as such Liberals Coukd Promise to Bring "Later" What Commuttee had Asked Then To Knowing Full Well the Liberals Would Never Have To Do It
Things that were "promised" and supposed to be "checked" and "will get back to the committee" with, are never going to happen. the whole committee (Liberal members) knew parliament was going to be prorogued and that was the Liberal strategy all along, never to release such details.
"...He was referring to the pathetic, endless spectacle of Liberal members of two separate parliamentary committees — 21 hours of useless wrangling between them on Thursday — refusing to allow votes on motions concerning their party’s WE Charity debacle.
Liberal members of the finance committee spent 11 hours on Thursday filibustering, moving hopeless amendments and otherwise avoiding a vote on a motion condemning heavy redactions in WE-related emails released in August.
Those redactions were numerous enough that Philippe Dufresne, the independent parliamentary law clerk, and even Wayne Easter, the Liberal chair of the committee, expressed some concern. Now, however, Liberals will move heaven and earth to keep those black lines where they are — and they don’t mind how ridiculous they look doing it.
To wit: Also on Thursday, Liberals on the ethics committee spent 10 hours avoiding a vote on a motion to have the Speakers’ Spotlight booking agency release receipts of various Trudeaus’ paid speaking appearances over the years. The proceedings saw Liberal MP Han Dong expound at length about racism directed against Asian Canadians during the pandemic..."
Sunday, October 18, 2020
At a Time of a Pandemic, Lockdown, Restricted Borders, Catastrophic Job Losses and an Already Overburdened Health Care System, Canada is Bragging About The Record Numbers From Immigration Into a Three Urban Centres Country for 2020
Baed on, "The economic class accounts for nearly 60 per cent of all new immigrants welcomed by Canada each year", then 170,000 are estimated to enter Canada. Including or not including "aiming" for 50,000 refugees.
"...Canada is on pace to issue 100,000 or more Express Entry invitations in 2020.
Prior to Canada imposing travel restrictions in March 2020, immigration minister Marco Mendicino announced the country would target 341,000 new permanent resident admissions in 2020.
In fact, Canada’s Immigration levels Plan 2020-2022 set a target to welcome 91,800 immigrants to Canada through Express Entry.
Express Entry is the main way Immigration, Refugees and Canada (IRCC) manages economic class immigration applications. The economic class accounts for nearly 60 per cent of all new immigrants welcomed by Canada each year.
Nonetheless, the ongoing Express Entry draws that have taken place on a bi-weekly basis since the start of the pandemic have been a pleasant surprise.
Whereas there was belief at the start of the pandemic that Express Entry draws may be temporarily paused or they would see fewer invitations issued, the exact opposite has occurred.
Instead, we are seeing record-breaking Express Entry draws with Canada emphatically indicating it still plans to welcome high levels of immigration after the pandemic is over.
On October 14, Canada held its largest Express Entry draw ever.
The draw marked one of just two occasions in which Canada issued Invitations to Apply (ITAs) for permanent residence to 4,500 Express Entry candidates. These candidates will now be able to apply for permanent residence and, if they are abroad at the moment, these candidates will eventually be able to build a life in Canada once coronavirus travel restrictions are relaxed for COPR holders.
So far, Canada has issued 82,850 Express Entry ITAs this year. Recently, draw sizes have seen between 3,900 and 4,200 invitations issued per draw.
If IRCC invites 3,900 candidates in each of the remaining five Express Entry draws in 2020, then it will issue a total of 102,350 invitations by the end of this year.
Even if draw sizes are smaller, and IRCC issues an average of 3,500 ITAs per draw, Canada will still exceed 100,000 ITAs by the end of 2020.
IRCC’s processing standard for Express Entry is six months or less for 80 per cent of applications.
Another possibility is that IRCC is holding larger draws since Canada has temporarily reduced its refugee intake due to the pandemic. Canada was aiming to welcome nearly 50,000 refugees in 2020 but this will no longer be the case. The larger draws may also be a function of other economic class programs such as the Provincial Nominee Program (PNP), Quebec’s immigration programs, and other federal programs also falling short of their immigration targets in 2020 due to COVID-19.
Friday, October 16, 2020
Ontario's Power Fiasco and the Lingering Ontario Liberals' Grossly Mismanaged Mistakes
https://nationalpost.com/news/politics/randall-denley-doug-ford-is-making-the-ontario-liberals-green-power-disaster-worse
Liberals' Backbone Test: Will Liberals Decide Against China's Shandong Gold's Acquisition to Acquire TMAC Resources in Canada's Far North? Let Us Count the Ways...
https://financialpost.com/commodities/mining/ottawa-to-review-shandong-golds-buyout-of-tmac-on-rising-concerns-over-chinese-presence-in-canadian-arctic
Sad But True: Despite Minority Status Liberals Will Likely Slither Away Unscathed from the WE Scandal
Using eveybtwctic in the book
https://nationalpost.com/news/politics/liberal-battle-to-prevent-disclosure-of-more-we-documents-relies-on-pots-of-coffee-and-irrelevant-speeches
Thursday, October 15, 2020
Is Twitter Share Price Forecasting A Trump Win?
Other than journalists having the easiest times of their careers for fodder and "breaking news", also the biggest benefactor from this Trump presidency has been Twitter....
The Avro Arrow: When Canada was at Top of the Aerospace World
"... To be able to counter a potential bomber threat, in the early 1950s, the Royal Canadian Air Force called for the creation of a fighter jet unlike any other: with a range of 300 nautical miles and the ability to take off from a 6,000 foot runway and cruise at Mach 1.5 (roughly 1,852 kilometres per hour) at an altitude of 70,000 feet.
And despite the odds, thousands of Canadian workers came together and succeeded. The Avro Arrow had its first flight in March 1958 and became the crown jewel of Canada’s aviation industry..."
How Movement of Labour Works Under Free Trade: USMCA
"...Work permits can be given for up to three years at a time. They can then be extended for up to three years for an unlimited number of times, provided professionals comply with all requirements. However, immigration officers must be satisfied that the employment is still temporary, and that the applicant is not using CUSMA entry to circumvent normal immigration procedures.
...all foreign nationals who want to come to Canada for work have to be travelling for an essential reason. CUSMA Professionals and Intra-Company Transferees working in critical infrastructure will continue to be permitted to enter, and may be exempt from mandatory quarantine if they do not have symptoms of coronavirus."
https://www.cicnews.com/2020/10/4-ways-to-move-to-canada-under-cusma-1016005.html#gs.hvbfji
Coal Terminal IPO: Will Yield Investors or Environmentalists Win?
Lead by the top infrastructure fund in the world
"...But an infrastructure asset like DBCT with contracted cash flows could still be an attractive investment in the current near-zero interest rates, fund managers told Reuters, despite an increasing focus on environmental, social and governance principles that threaten to dampen appetite for a coal play.
Coal is the dirtiest fossil fuel.
“Some investors have issues with coal-related stocks but we would be interested in good infrastructure assets if they are well structured and underpinned by long-term assets and long-term contracts generating long-term income streams,” said one of the sources, a Sydney-based fund manager..."
Wednesday, October 14, 2020
Liberals Playing Immigration Politics With First Come, First Served Policies for Parents, Grandparents of Recent Canadian Immigrants, Permanent Residents
A game show, indeed.
"...The problem is that the parent/grandparent program has always been massively oversubscribed. The first-come-first-served process was responsible for building up a backlog of 165,000 applications under the Conservatives. The Harper government froze applications in 2011 and increased intake targets for two years before returning to more traditional levels of admission and capping applications at 5,000.
The Liberals saw an opportunity in that policy and in the 2015 election, promised to double applications to 10,000 a year."
The Sheer Gall of the Liberal Party and its Blatant Battle to Squash All Committees From Bringing the WE Charity Truth
With so many dates to be confirmed, names to be handed over and notes and documents to be checked after the Liberals were on the Zoom committee hot seat, Justin has the gall to say:
"...“We are entirely focused on the second wave of COVID-19,” Trudeau said at a news conference Tuesday. “We will continue to stay focused on what we need to do to support Canadians facing a very difficult time right now. The Conservatives continue to want to focus on WE Charity, so be it.”
Tuesday, October 13, 2020
O'Toole Passes First NDPLiberals' Test, Expected to be Pounced Upon: Center Politics Opens Up for Conservatives as The Justin/Jagmeet Show Becomes More and More Left Wing Extremists
"...It’s been assumed O’Toole will move towards the political centre to capture voters who were wary of Andrew Scheer and slightly put off by Stephen Harper. It’s true there are more votes in the middle than on the edges, but, given Prime Minister Justin Trudeau’s recent spending binge, pushing his party further and further to the left, it may be that the centre will come towards O’Toole..."
Sunday, October 11, 2020
Ottawa's War Memorial Tent City: The No-Action, Undecisive NDPLiberals Strike Again
The no-action, undecisive NDPLiberals strike again. Pathetic when it relates to a war memorial with Remembrance Day only a month away.
"...Mayor Jim Watson raised the issue at a the last Ottawa Police Services Board meeting, calling the camp “inexcusable” and “disrespectful” to the sacrifice honoured by the war memorial. Chief Peter Sloly said the site was managed by PSPC and police were awaiting direction from the federal government on whether to enforce trespass laws..."
Sponsoring a Parent or a Grandparent to Come to Canada Involves a 20 Years Commitment, How Can That Be Done When Applying With Only a Three Year Average Income of Less Than C$40,000?
In Quebec the income test is even easier and only required for 10 years of support
"...Sponsorship applications will be accepted by Immigration, Refugees and Citizenship Canada (IRCC) between October 13 and November
How the Movement of Labour Works Under Free Trade: USMCA
"...Canada also allows CUSMA Professionals to come as business visitors, as long as they are not entering the labour market, but soliciting business, consulting, providing advice and meeting clients.
Work permits can be given for up to three years at a time. They can then be extended for up to three years for an unlimited number of times, provided professionals comply with all requirements. However, immigration officers must be satisfied that the employment is still temporary, and that the applicant is not using CUSMA entry to circumvent normal immigration procedures..."
https://www.cicnews.com/2020/10/4-ways-to-move-to-canada-under-cusma-1016005.html#gs.hv9btj
Saturday, October 10, 2020
Since When Did Employment Reports Go Into This Level of Demigraphic Detail?
"...Black Canadians saw big employment gains, with their jobless rate falling 5.9 percentage points to 11.7 per cent, while the unemployment rate for Filipino Canadians fell to 8.5 per cent, Statscan data showed. The white jobless rate was 7 per cent..."
https://financialpost.com/news/economy/canada-gains-378200-jobs-blowing-past-expectations
Finally, An Investing Article About Something Else Other Than the US Election:
"...the U.S. election is seriously overhyped when it comes to investing. It doesn’t crack my list of top fifty factors that will drive portfolio returns over the next one, three and five years..."
Friday, October 9, 2020
Canada's Generous Immigration Levels: Is This Leading to Corona Virus Second Wave? How is Quarantining Enforced and Communicated to Someone From Somewhere Else?
No mention of quarantining:
"...Between January and August of 2020, Canada has welcomed 128,400 immigrants. Based on current trends, it appears Canada’s permanent resident intake will fall short of 200,000 immigrants this year for the first time since 1999..."
"...Bi-weekly Express Entry draws are continuing with Canada just having issued a record-breaking total of permanent residence invitations to successful skilled worker candidates during the third quarter of 2020...."
https://www.cicnews.com/2020/10/canada-welcomed-11000-immigrants-in-august-2020-1016026.html#gs.i9fmsn
The Days When Canada Reached Aerospace Supremacy
"...To be able to counter a potential bomber threat, in the early 1950s, the Royal Canadian Air Force called for the creation of a fighter jet unlike any other: with a range of 300 nautical miles and the ability to take off from a 6,000 foot runway and cruise at Mach 1.5 (roughly 1,852 kilometres per hour) at an altitude of 70,000 feet.
And despite the odds, thousands of Canadian workers came together and succeeded. The Avro Arrow had its first flight in March 1958 and became the crown jewel of Canada’s aviation industry..."
https://nationalpost.com/news/canada/after-decades-of-failed-searches-the-holy-grail-of-avro-arrow-artifacts-uncovered-at-the-bottom-of-lake-ontario
Thursday, October 8, 2020
Oil Versus Electric Vehicles as an Investment (Hint: Where is the Extra Electrical Capacity Coming From?)
https://financialpost.com/investing/electric-vehicles-are-a-great-story-but-oil-and-gas-may-be-the-better-investment
"...While these kinds of lofty ambitions are getting significant attention, we are left wondering just how achievable they really are. California, for example, experienced blackouts this summer due to spikes in air conditioner use — how specifically is it going to handle the incredible demand from the conversion to electric vehicles in only 15 years?
...Here in Canada, Suncor (SU:TSX) is trading only 11 per cent off its low whereas Exxon (XOM:NYSE) is 10 per cent off its low. For some further perspective, both stocks have lost more than 57 per cent of their value over the past five years. As a whole, Canadian producers as represented by the Capped Energy Index are down a whopping 65 per cent while U.S. producers as represented by the SPDR S&P Oil and Gas Exploration and Producers Index have been crushed losing over 73 per cent of their value in the past five years. Think about this, especially with WTI oil prices only being down 4 per cent over the same period.
Finally, take a look at the forward curve that currently has oil prices over $46 per barrel out in 2025 and over $51 per barrel out in 2030. According to Eric Nuttall, senior portfolio manager at Ninepoint Partners, at those prices producers are currently trading at roughly half of their historical Enterprise Value to Cash Flow multiples, which in theory implies they are factoring in forward oil prices half that of what oil futures are currently trading at. If this is the case, it makes much more sense for companies to acquire a barrel than drill for it.
CBC: Behaving Like a Normal Business With Layoffs?
Reality catches up with CBC (for now) even after billion dollar handouts from Justin and his merry band of NDPLiberals
How bad do you have to be get your job to be one of a couple of dozen at the CBC to be laid off?
"...Williams said in her note to staff the CBC faces a $21 million deficit each fiscal year, and the current environment necessitated “adjustments to our business and in turn, those adjustments will have an impact on our workforce.”
CBC said the cuts were not related to the pandemic, although it has exacerbated the financial pressures of declining advertising and subscription revenues for the public broadcaster and other media organizations.
According to its financial statements, the crown corporation received more than $1.2 billion from the federal government in funding in 2019 and employed some 7,400 people across its divisions..."
https://nationalpost.com/news/canada/cbc-to-lay-off-dozens-of-journalists-and-management-across-multiple-divisions
Wednesday, October 7, 2020
Is Oil Set for Huge Gains? Let's Look at the History of US Presidents...
History says, on average, as the first term ends of the recent US Presidencies, oil has increased --% or a near doubling. With oil hovering around $54/bl in November, 2016, and after a covid selloff in March, 2020, oil has still a way to climb to reach its original starting price, nevermind a doubling. Regardless, with the hopes of a vaccine and the world to approach normal as best as can be (with predictions of a vaccine in Q1 2021), the stock market will at some point next year begin to price in plane travel, driving seasons, etc. as demand drivers of oil. Credit to the chart below from www.macrotrends.net.
Buy your Canadian oil and gas equities.
Canada's Immigrant Investor Program at Work: Illegal Casinos, Trafficking Allegations
This is what several hundreds of thousands of dollars "invested" (really a loan) in Canada brings in - thugs that operate right under the various governments noses. All this in exchange for Canada giving the privilege and rights of a wealthy someone to live under permanent residency in Canada. If you are not familiar with hr Immigrant Investor program in Canada, you should look it up.
The Dodgy Company Justin Keeps Grows Longer: Gambling Casino Mansion in Markham
https://nationalpost.com/news/canada/alleged-mastermind-of-lavish-mansion-casino-raided-by-police-met-twice-with-prime-minister-justin-trudeau
"...“The money moving through these underground casinos leads to huge profits for criminals that fund other ventures such as prostitution and drug trafficking,” York Regional Police said in a statement last week.
Not long ago, however, the businessman accused of being at the centre of it all was moving in some of Canada’s loftiest business and political circles, partly as an advocate for China..."
...Wei also was among a delegation of four representing a Chinese government-endorsed industry group that met separately with Trudeau. Another member of the delegation donated $1 million to the Trudeau Foundation and the erection of a statue honoring the prime minister’s father.
...Wei couldn’t be reached for comment, but he came to Canada about 10 years ago under the investor-immigrant program, said the source. As head of Skywalk Investment, he’s known as a real estate developer, serving on a committee of the Canada-China Realty Professional Association, which says it is dedicated to encouraging development and investment opportunities in the two countries.
Calling Out Justin on His "Thanks for Whatever or Whomever Days", Not Just His Empty and Calculated Apologies
https://nationalpost.com/news/canada/alleged-mastermind-of-lavish-mansion-casino-raided-by-police-met-twice-with-prime-minister-justin-trudeau
"...Do you know what day it is? If not, you can scoot over to the prime minister’s website and discover it’s, say, Cyprus’ 60th Independence Day. And read a bunch of lies about how he cares.
It’s bad enough when politicians churn out empty pieties about Mental Illness Awareness Week or Fire Prevention Week, because there are so many worthy causes and so few weeks (just 52 this year, I’m told).
It spins a massive web of petty deceit. On Sept. 30 Trudeau intoned, “It was with great sadness that I learned of the death of …” You have no idea, right? Neither does he. The demise of “His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, Emir of Kuwait” caused Trudeau no loss of sleep or appetite.
It gets worse. The statement, supposedly quoting Prime Minister Justin Trudeau, went on to read, “Canada joins the people of Kuwait in honouring their leader and his profound legacy.” So we’re even asked to wink at his lies on our behalf. Canada didn’t “join” with any “people of Kuwait,” who were actually sorry. I doubt 100 Canadians knew.
Tuesday, October 6, 2020
Canada Adding 20,000 Applcations for Parents and Grand Parents: Any Thoughts to our Provincial Health Care Systems Current Capacity?
Any thoughts to our already overly used health care systems?
Canada Immigration News: Canada to re-open parents and grandparents immigration program October 13.
https://www.cicnews.com/2020/10/canada-to-re-open-parents-and-grandparents-immigration-program-october-13-1015952.html
Monday, October 5, 2020
When The Economy Is Down Just Build and Spend on Infrastructure, Right? Wrong!
https://nationalpost.com/opinion/aaron-wudrick-trudeaus-infrastructure-announcement-raises-a-host-of-red-flags
Overwhelmingly Favoured Country of Express Entry, Permanent Residency/Immigration Applications to Canada: A Simple Mathematical, Unbiased Question - Why?
If you read this, would you ask yourself anything?
"...In 2019, ____ citizens accounted for a quarter of the 341,000 immigrants who were welcomed by Canada.."
"...______ accounted for almost half of the principal applicants who were invited to apply for permanent residence between 2017 and 2019..."
To question the sanctimonous institution of entry and immigration to Canada has been rendered taboo and runs the risk of being called many things. However, from a purely mathematical point of view, how is it that one area of the world comprises an overwhelming majority of applicants through various programs including Express Entry, permanent residency and immigration to Canada? Especially in a country that has preached diversity, multi-culturalism and inclusion.
Running your finger down any list of numeric items, large numbers above the average would certainly catch your eye and may cause you to simply ask why or investigate further. Similarly, in this case, the numbers are eye catching and begs the simple question (race, religion, ethnicity, sexuality, age aside) - "why"? Out of sheer curiousity, why would any one country be so over represented as this in a deemed multi-cultural society (some country is going to have to lay claim to having "the most", but why this magnitude)? Another simple question, why are so many other applicants from other counties being overlooked or under represented? Is there a new quota or does it reflect the number of total applicants? If that is the reason then let it be known or is there another basis Canadians are not aware of? Is Canada's immigration institution a fair and equitable system? Is someone, some organization or something receiving a benefit from this? A consulate office? Or in Canada?
https://www.cicnews.com/2020/10/how-to-immigrate-to-canada-from-india-1015949.html#gs.hcxjm4
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