Tuesday, October 5, 2021

Canada's 5 Year Bond Yield: Although 1.01%, Up More Than 100% Since Last year - Look Out Mortgages

 From 0.381% to 1.084%



Mendicino, the Biggest Yes Man in Liberal Government, Sends Nearly $2B For Immigration Services - For Most That Are Already Here (Immigration Will Be How Trudeau Acquires Majority Status)

$1.7 billion of which almost a quarter goes to Ontario (surprise, surprise).  A signicant amount of those that were awarded permanent residencies and legal entry in Canada during the latest pandemic year  were living/working in Canada anyway. What is $2 billion for?

Ontario: $407.2 million

Alberta: $124.1 million

British Columbia: $119 million

Manitoba: $46.6 million

Saskatchewan: $41.3 million

Nova Scotia: $17.2 million

New Brunswick: $14.6 million

Prince Edward Island: $6.2 million

Newfoundland and Labrador: $5.2 million

Yukon: $1.3 million

Northwest Territories: $1.1 million

Nunavut: $608,000

Sub total: $784.4 million

Other allocations: $46 million

Dedicated IRCC Initiatives: $46.2 million

Quebec (Not included in the memo): $650.3 million via the separate annual grant it receives from IRCC

Resettlement services (Not included in the memo): $145.7 million

Grand total (Not included in the memo): $1,672.6 billion

Canada Immigration News: IRCC’s immigrant settlement funding by province/territory for 2021-22.

https://www.cicnews.com/2021/10/irccs-immigrant-settlement-funding-by-province-territory-for-2021-2022-1019306.html

Sunday, October 3, 2021

Mortgage Rates Increasing?

 Better Dwelling: A Canadian Bank Hiked Its Mortgage Rates, and Others Are Expected To Follow Soon.

https://betterdwelling.com/a-canadian-bank-hiked-its-mortgage-rates-and-others-are-expected-to-follow-soon/

Trudeau's First Apology of His Third Term?...Only 13 Days

Even this author never thought the over/under on Trudeau's "first apology of his term" would take only 13 days.

https://nationalpost.com/news/canada/trudeau-apologized-to-chief-of-tkemlups-te-secwepemc-after-tofino-trip-pmo

CFL Week 9: Phenomenal Finishes and Unexpected Underdog

The craziest week so far in the shortened season, with Otttawa pulling off a win with a rookie QB's first appearance in a CFL game (and his backup also lacking any CFL game experience) followed by a Saturday night of crazy finishes.  

Edmonton at Ottawa: RedBlacks Win 34-24

With two starting quarterbacks already injured, Ottawa brought in two quarterbacks without any CFL game experience in a desperate attempt to field a team.  The TSN team unanimously picked Edmonton to win this one, but were proven wrong in the open minutes as Ottawa commenced with "guns a blazin'" and never looked back.  New hires including Duck Hodges (ex-Steelers quarterback) and others expected to show up against Toronto next week.  We will see what QB competitions there will be for Ottawa.  

Winnipeg at BC: Blue Bombers Win 30-9

Despite the duel between the two best quarterbacks in the league (arguably), not a touchdown from BC's Michael Reilly.  Winnipeg trounces BC and makes people wonder whether the Bombers will repeat after a pandemic year.  

Montreal at Hamilton: Alouettes Win 23-20

A snooze fest to begin with, the last quarter, in particular, last five minutes were the ones to watch.  Down 17-6 the Als scored two quick touchdowns to take the lead, followed by a 55 yard field goal that barely made it across the posts for Hamilton, tying up the game in the last second of play. To overtime, and with Hamilton pressing, they fumbled the ball and the Als take posession.  An easy field goal is all that is needed in OT rules to seal the deal.  Amazing comeback by Montreal, and ends the 11 game home victories streak in Hamilton.  

Saskatchewan at Calgary: Stampeders Win 23-17

In a low scoring affair with only the kickers making points in the first half, again, this game resulted in a thriller.  Heading into the dying minutes down by 6, Rougriders attempt an onside kick - successfully, but with a penalty.  The kickoff was repeated; however, Calgary calls a cheeky time out.  Then on the third attempt, Lauther kicks the ball 10 yards ahead and recovers it!  Setting up Saskatchewan's chances to put this away.  After some scrambling by Fajardo on the next play to gain further yards and the clock running out, the last throw was a Hail Mary pass and...intercepted.  


Saturday, October 2, 2021

After All the Build Up, Enacting This First Day Of Reconciliation, Justin is Where?

Justin takes off to Tofino? After all that lead up to this day of Truth and Reconciliation, enacting a national day for it and being the inaugural annual one, he's not even around for it? Combined with the last six years of ethics challenges and scandals I continue to be baffled and bewildered why Liberal voters are absolutely enamoured with this "leader". Canadian apathy reigns I suppose.

https://nationalpost.com/news/politics/after-pms-vacation-trudeau-minister-says-important-part-of-reconciliation-is-listening