Musings, opinions and views on various topics, issues, news and sometimes taking the other side of the argument
Tuesday, August 31, 2021
Sunday, August 29, 2021
CFL Week 4: CFL's First Covid Cancellation
Canada's Housing Market: Yes, On Fire But Beware the Risks
From Myles Zyblock, 1832 Asset Management (Toronto)
https://financialpost.com/investing/why-investors-should-care-about-monetary-policy-even-if-trudeau-doesntCanadian Flags Still at Half Mast Thanks to Justin; But Why This Long?
Monday, August 23, 2021
First Nine Days = Four Major Gaffes: Liberals Becoming Desperate and of Course Lashing Out Healthcare and Abortion Lies
After Justin admits he doesn't think of monetary policy, then a double whammy: after bashing the Conservatives’ vaccine position, it turned out — oops! — the Liberal policy was practically identical and the timing of self serving election and the Afghanistan fiasco; now an altered video that even Twitter - yes Twitter - has called out. With this many gaffes the Liberal drinking game is on!
Monday, August 16, 2021
Canada's Housing: A "Supply Problem" or a Mis-Managed "Demand Problem"?
According to CEO of CAPREIT interview on BNN, 700,000 international students alone are in Canada (nevermind the other categories of working visas, temporary foreign workers, post-graduate students, permanent residents in waiting, family reunification/parents/grand parents programs, refugee claimants, provincial nominees and other annually recurring programs) and all looking for accommodations.
Yet Canada has a "supply problem" is what Canadians are blindly led to believe. Isn't that a poorly managed "demand problem"?
Immigration policy to have responsible housing policy? Or Housing policy to have responsible immigration policy?
Saturday, August 14, 2021
The Upcoming Election Will Be About....Crime? Having a Backbone Versus China? Acknowledging Our High Unemployment? Addressing a Burdening Debt for Generations to Come? No, It Will be a High School Student Council Popularity Contest With reminders of Cheques for Everyone, Never Ending Climate Change, Untruthful Vaccine "Record"
Friday, August 13, 2021
What Jobs Will Be Left For Canadians?
Canada Immigration News: Ontario PNP invites immigrants working in health, agriculture, and manufacturing.
"..Health and agricultural occupations:
NOC 3413 – nurse aides, orderlies and patient service associates
NOC 4412 – home support workers and related occupations, excluding housekeepers
NOC 8431 – general farm workers
NOC 8432 – nursery and greenhouse workers
NOC 8611 – harvesting labourers
NOC 9462 – industrial butchers and meat cutters, poultry preparers and related workers
Manufacturing (outside the Greater Toronto Area only):
NOC 9411 – machine operators, mineral and metal processing
NOC 9416 – metalworking and forging machine operators
NOC 9417 – machining tool operators
NOC 9418 – other metal products machine operators
NOC 9421 – chemical plant machine operators
NOC 9422 – plastics processing machine operators
NOC 9437 – woodworking machine operators
NOC 9446 – industrial sewing machine operators
NOC 9461 – process control and machine operators, food, beverage and associated products processing
NOC 9523 – electronics assemblers, fabricators, inspectors and testers
NOC 9526 – mechanical assemblers and inspectors
NOC 9536 – industrial painters, coaters and metal finishing process operators
NOC 9537 – other products assemblers, finishers and inspectors.."
Thursday, August 12, 2021
Canadians Are Known For Many Things and So Is Its Real Estate Market; But What About Money Laundering to Canada’s Real Estate Market oh Mirror Mirror On the Wall
"... To sum it up, Canada doesn’t know who bought billions worth of homes, or who borrowed the money to fund the purchases. It’s a great system, subject to no flaws, I’m sure. .."
Better Dwelling: Canada’s Largest Source of Money Laundered Funds Faor Real Estate Is… Canadians.
https://betterdwelling.com/canadas-largest-source-of-money-laundered-funds-for-real-estate-is-canadians/
Wednesday, August 11, 2021
Tuesday, August 10, 2021
With 300,000 Canadians Already in Hong Kong (And Expected to Return) Liberals Further Add to Already Aggressive Immigration Goals By Handing Out 6,000 Three Year Open Work Permits With Fast Tracking to Permanent Residency
"...The program is open to young, educated Hong Kongers, providing a three-year open work permit. It also shortens the time period to apply for permanent residency to one year.
Hong Kong is already home to around 300,000 Canadian citizens..."
Trudeau visa lures nearly 6,000 Hong Kongers amid China feud - BNN Bloomberg
More Pre-Election, Virtuous, Climate Crusading Shenanigans from the Liberals: Aussie Miner Stopped From Approvals of Coal Project in Alberta Despite Having First Nations in Agreement
The Liberals will not let First Nations prosper from own decision making...
'We are shocked': Miner blasts feds for blocking Grassy Mountain - BNN Bloomberg
Already been through public hearings and consultations with First Nations, "...Benga had sought and received the support of all the First Nations whose territories encompass the project’s proposed footprint.
While the review panel acknowledged those signed agreements with the 14 First Nations, indicating they had no objection to Grassy Mountain, the panel said that did not outweigh environmental concerns..."
CFL Week 1: Finally, after 621 Days, "Our Game" Kicks Off and What a Week it Was!
Hamilton - Winnipeg: Winnipeg Beats Hamilton 19 - 6
Anytime a team beats Hamilton this author is happy. Showcasing the scrambling Collaros as well as cameos by Streveler, Winnipeg dominated with another local boy #20 Oliveira as a man on a mission filling in for Harris. It was great to see this game kick off the long-awaited start of the 2021 CFL season. Snowbirds, fireworks, a Grey Cup banner unveiling. Does it get any better! Great catch by Ackland to start for Hamilton but wheels fell off after the Banks fumble.
BC - Saskatchewan: Almost a comeback, Saskatchewan barely wins 33 - 29
As I listened on satellite radio, I knew the beyond comfortable lead held by Saskatchewan did not mean "game over". An unfortunate set of surprise circumstances for the young rookie Canadian Lions Quarterback in the first half. However, Reilly stepped in ot the latter half in a curious fashion and almost mounted the comeback. Unfortunate due to the missed field goals missed by Japanese rookie Yamasaki, the CFL's experiment with global players. Look forward to seeing Rourke with a week's worth of prep.
Toronto - Calgary: First time in 10 years, Toronto wins in Calgary 23 - 20
It also seemed even longer to be the first time it opened the season with a win! Usually starting the season in the usually stronger Western Conference, Toronto now posts a rarely seen 1-0 start. A brilliant close game with the Argos opening up the scoring and the Quarterback carousel being held down by Bethel-Thomson...for now. Perhaps all the ex-Stampeders and coaches rubbed off and helped the Argos gain an edge. Charleston Hughes was an aggressive beast for the Argos resulting in penalties. Stamps took a lead followed by a blocked kick before the second half followed by a punched out ball and fumble on way to a touchedown by #2 early in the third quarter. Calgary had to settle for field goals; however, a rare fumble by the Stamps, recovered by Hughes led to a big touchdown by the Argos Gittens, his first and biggest. A two point convert t toie it up followed by another march up the field resulted in the winning field goal with 40 secondds on the clock. An Argos interception sealed any possibility of a comeback.
Ottawa - Edmonton: Where did this Ottawa defense come from? Ottawa wins 16 - 12
Getting used to Elks versus Esks will take some time. To complete the (almost) Week 1 of underdog wins, Ottawa shows up from nowhere compared to teams past and shows some definsive brilliance including a goal line stance in the dying seconds of the game to hold on for a win. An early touchdown pass that was just out of bounds didn't count and could have made the difference for Edomonton.
An easy sack by Ottawa's Awe followed by the first of trading field goals - a 52 yd field goal by Ottawa to tie it up at 3 showed Ottawa is no pushover. Then some trickery on a kickoff return by Ottawa, but unfortunately the lateral was not lateral, and called back. 9 - 6 at the half with only kickers making the points. A big interception by Ottawa in the third lfollowed by another led to a pick six and the first touchdown of the game in the 4th. With Ottawa leading 16-12, Edmonton could only march up in the dying seconds, with no time on the clock and a winning drive in the making, Ottawa stops the drive on the goal line with no time left.
This is going to be a wide open year for the CFL with the Western Conference looking shaky.
Election? All of a Sudden, the Liberals Want to "Rebuild" Canada's Pharma Industry After Decades of Pursuing Generic, Lower Cost Drugs and Shaming the Pharma Companies for Egregious Profits
Moderna to sign agreement to build production plant in Canada - BNN Bloomberg
More patronizing of Canadians. We will see how aggressive this initiative (only Memorandum of Understandign) is come after as early as this fall, 2021.
Thursday, August 5, 2021
Do Canadians Not See The Patronizing, Scheming Virtuousity the Liberals Exude? This Time, With People's Lives
Just in time for an election...is this not blatantly obvious to Canadians how patronizing, scheming the Liberals really are? This could have been conducted properly much earlier or at any other time, but no. Wait until the eve of an election being called and make them pawns in their virtuous plan. . @marcomendicino
https://nationalpost.com/news/canada/canada-welcomes-first-of-afghan-refugees-who-supported-canadian-military-mission
If a House Falls in the Housing Supply Forest, Does Anybody Care?
(All the city councilllors' time, lawyer time, fund raising, negotiation wrangling...for a tree? )
https://nationalpost.com/news/canada/toronto-finalized-an-offer-to-buy-home-with-an-ancient-oak-tree-now-seller-wants-higher-price-to-compensate-delays
Tuesday, August 3, 2021
Interest Rates, Inflation, Housing: Can You Have Rising Prices (Including Tax), No Growth From Too Much Tax(es), Yet Continued Low Interest Rates?
As even the taxi drivers know, housing is hot in Canada an it is due to low interest rates. Why are we here? Taxi drivers know due to the economic shock of lockdowns from the covid pandemic.
There is rampant speculation as to when interest rates will increase and Canadians, permanent residents, non-Canadians, non-residents are trying to purchase before that happens.
Should this group be keeping its eye on inflation (as the signal for interest rate increases)? Or (fade up eerie music) keep its eye on the actual inflation from....(dum dum daaaaaaah!) TAXES!
No doubt just to pay back this statistically significant, way out of its bounds, deficit (if we return to normal spending, nevermind mind blowing debts Canada is racking up and may have to), taxes will need to be raised. Be aware of increases to: housing tax on multi-million dollar homes, increased provincial land (and municipal) transfer taxes on every home, increased electricty taxes for electric vehicles (you honestly do not think the government is going to let that gas station revenue stream disappear, do you?), punitive carbon taxes, wealth taxes, corporate taxes.
As such, everything will become more expensive, effectively inflation. If taxes makes everything more expensive, yet keep a lid on consumption and growth, then will interest rates have any association with inflation? Will interest rates' usual role as the inflation fighter continue? If not, and interest rates remain low, will housing prices continue to rise - in a no growth, high cost of living, high tax environment?