Musings, opinions and views on various topics, issues, news and sometimes taking the other side of the argument
Tuesday, May 4, 2021
Monday, May 3, 2021
So Much For October 26 Deadline of CMBs: BoC Still Buying, Rates That Were Exoected to be Higher at This Point, Well....
"...Rates are supposed to rise in periods of turmoil, as a form of risk management though. You don’t want people borrowing more when things are getting worse. However, when the BoC drove rates lower – that’s exactly what happened. Real estate sales hit record volumes, while mortgage rates fell to record lows. The BoC blamed borrowers for borrowing, and then announced they would end the program on Oct 26. Except, the balance of assets are still rising..."
Sunday, May 2, 2021
Canada: The Little Country That Was Once Defined By and Founded on Infrastructure/Engineering Feats (ie the Railroad), Now the Country Defined by Killing Infrastructure/Engineering Feats
As I watched an online event yesterday morning about Canada's AVRO Arrow interceptor plane project demonstrating to the world Canada's enginuity and forward thinking (albeit during cold war times), I was reminded by specific examples and exhibits of the host the monumental pace of development that occurred within a decade and a half from the planes used in the world war to the 50s.
Canada was standing on top of the world with the fastest plane in the world and proudly, shamelessly and necessarily displaying its military might. Then one "black Friday", ordered by Diefenbaker, everyone was fired from the program, the planes and technology destroyed by welding torch and the design plans, memories, prototypes were all made to disappear as if Canada had no hand in this at all. Who knew that drastic day would set the tone for generations later to quietly and slowly build a movement of cancellation of anything to do with development and progress in improving our Canadians lives so long as it impacted one molecular level of carbon, certain types of the tens of billions of trees or a migratory route for adaptive and evolutionary organisms, that may not even be home to Canada.
https://nationalpost.com/news/how-to-jump-the-queue-by-getting-your-covid-shot-in-the-u-s
Saturday, May 1, 2021
Anyone Remember the Head of CPPIB's Vaccine Queue Jumping Episode -And Fired For it? Now Canadians Doing Same in US...and Walking Back Across Border
https://nationalpost.com/news/how-to-jump-the-queue-by-getting-your-covid-shot-in-the-u-s
Bill C-10: "Liberals Shut Down Debate"?: Is the Sky Blue, Is The Pope Catholic?
https://nationalpost.com/news/politics/liberals-shut-down-debate-on-bill-c-10-amendment-allowing-regulation-of-social-media-content
As Canada Nears Improving "First Vaccine Only" Data Point, Will Justin and Liberals Use Their Save-the-Day Mentality, Combined With Record Debt, $100B Slush Fund and Hosts of Benefit Programs that Have Bought Many Liberal Votes to Call an Election This Summer?
https://nationalpost.com/opinion/rex-murphy-a-pandemics-not-an-ideal-time-to-hold-an-election-but-can-trudeau-resist
Once More, Trudea uSkirting His Own Responsibilities
https://nationalpost.com/news/politics/trudeau-says-review-of-military-sexual-misconduct-a-response-to-system-wide-failures