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.