Muzzled

MUZZLED modified

Some words on the freedom to speak. The weekend discussion proved it’s important to many who come here. As it should be. The world is less free daily.

Governments want online policing, as Ottawa’s new anti-terrorism bill underscores. Some lawyers and academics are outraged at limits placed on expression. Others say anyone using web sites to promote numbnuts groups like ISIS deserves arrest. It’s a serious debate, since more regulation may protect people, but it makes free societies less so. Legislation such as C-51 here or the Patriot Act in the States is jingoistic and worrisome. But we should never forget that the bad guys love free speech, too. For a reason.

A few people have been thrown off this blog. This has resulted (mainly) for two reasons: they’ve posted racist, ignorant or hateful comments about groups. Or they’ve engaged in personal attacks on individuals, including me. Mostly, me, actually.

Of those who come here daily, about 1% (on average) leave a comment. Of those, less than 1% are trashed. People who disagree with me, others or the entire premise of this pathetic blog are routinely published. And, by design, this site carries no advertising, stripping out any monetary reason we should bob freedom of expression.

But why delete anybody?

This is a moderated thing. I read every comment, then hit a button. My name’s at the top of the home page, so all that is published here reflects on my judgment. The Internet brims with sites chock full of ugly words and thoughts, unreasoned rants, and the endless display of the prejudice, intolerance, vulgarity and unbridled ignorance of anyone who can type. In those places you can quickly find the lowest common denominator of our society. Worse, like award-winning movies packed with gratuitous sex and F-bombs, they normalize the aberrant. Before long, the shocking is routine. Everybody’s shell hardens.

Other than Bandit, I don’t control much in life. But I do control this.

Google Analytics tells me 614,286 visits occurred here last month, with 1.179 million pageviews. About seven million times a year somebody logs on, and they spend an average of three minutes and 52 seconds. That suggests most visitors don’t actually read all the comments, which I know is bitter news to some of the twisted souls who can’t stop typing.

Still, it shows me a majority don’t mind being spared the drivel of those who blame high house prices on immigrants, who can’t make a point without being profane or come here only to trash the flawless but humble host.

Everyone’s free to speak. But it’s not all about you.

265 comments ↓

#1 thinkingdog on 03.01.15 at 1:30 pm

Well said, sir. I enjoy reading your blog. It is insightful, informative, well crafted, and sometimes a bit depressing. But it is YOUR blog.

And free speech means that although Mark has every right to say what he said, it also means you don’t have to publish what he said for all to see.

#2 Vancouverite on 03.01.15 at 1:31 pm

Garth,

Keep up the great work posting this blog 6 days a week!

#3 Victor V on 03.01.15 at 1:31 pm

https://ca.finance.yahoo.com/news/china-cut-benchmark-interest-rates-25-basis-points-105918551–sector.html

BEIJING (Reuters) – China’s central bank cut interest rates on Saturday, just days before the annual meeting of the country’s parliament, in the latest effort to support the world’s second-largest economy as its momentum slows and deflation risks rise.

The central bank said the 25 basis point cut in the benchmark interest rate to 5.35 percent – its second cut in just over three months – and a 25 basis point cut in the benchmark saving rate to 2.5 percent would be effective from Sunday.

“The focus of the interest rate cut is to keep real interest rate levels suitable for fundamental trends in economic growth, prices and employment,” the People’s Bank of China (PBOC) said in a statement on its website.

“This does not represent a change in the direction of monetary policy.”

#4 Victor V on 03.01.15 at 1:34 pm

Enerflex shuts oil sands facility and cuts jobs amid squeezed margins

http://business.financialpost.com/2015/02/27/enerflex-shuts-oilsands-facility-and-cuts-jobs-amid-squeezed-margins/?__lsa=290e-8d15

Oilfield services company Enerflex Ltd. is the latest entity in the Canadian oil patch to report compressed margins and job cuts as the oil price downturn continues to reverberate across the industry.

The Calgary-based company is closing its production and processing facility in Nisku, Alta. and discontinuing operations in the oilsands module fabrication market due its inability to secure business and a weak market environment. Project deferrals and cancellations from clients also forced the company to take cost-cutting measures, the company said late Thursday

“The bookings have slowed, the opportunities have slowed — you will see customers trying to re-bid, looking for different kinds of discount mechanism,” company president Blair Goertzen told analysts on a conference call Friday. “That’s the market that we are in, so bookings will be less, margins will get squeezed.”

The company has cut an undisclosed number of staff, initiated a hiring and wage freeze and slashed business travel and marketing expenses as its braces for lower demand for its products and services during the year.

#5 Chris on 03.01.15 at 1:37 pm

I thought I had found a home here but I was wrong. Kicking someone to the curb because we dont like their beliefs, it reminds me we are still in Canada, what a disappointment.

#6 Phonom on 03.01.15 at 1:37 pm

I just don’t understand people who think that free speech is something afforded to them by private companies and individuals. No, free speech is provided by the government. You can’t walk into a Starbucks and start spewing out hate speech without consequences. Go find a shop/website that encourages it and knock yourselves out.

#7 SWL1976 on 03.01.15 at 1:39 pm

Great pic and excellent post.

Now if we could get back to some rational conversation rather than as Harry Wilson so eloquently put it a comment section full of pooh-flinging monkeys

C-51 from what I know about it is scary enough never mind the fine print buried deep

#8 For those about to flop... on 03.01.15 at 1:41 pm

When I first stumbled upon this blog I had no intention of posting anything.
Then after a week or so I thought why not engage in the conversation and express myself,after all I do not do the social media thing.No facebook , I don’t send the tweetie bird and I don’t know what Instagram involves.
I post here because I find it informative and sometimes humourous and as the host points out I know it’s not all about me ,but I do benefit because I find the process cathartic and a conversation is better when your not talking to yourself .
I enjoy a bit of banter and being from Tasmania I have bit of devil in me,but I would rather argue the point than argue the person.
Good day all.

#9 Moose449 on 03.01.15 at 1:42 pm

Garth,
Just so you do not feel left out I am posting the first time.
I have been reading your blog for years on a daily basis. Wonder what kind of life I live … :o)
Great advise, including todays.
I am one of those old farts you keep writing about. Thinking about retirement in a couple of years. House is paid off and money in the bank. Well, actually invested in a great diversified portfolio … where have I heard that before I wonder.
Last week I received my statement on how the funds are doing for the last year. They ranged from a low of 6.9 % to 8.0%.
Your advise is right on the button.

#10 Broke Dick on 03.01.15 at 1:43 pm

Smoking Man I bow down to you and your ability to read the herd. Having said that I still think Mark will apologize, but not until he talks to his shrink first.

#11 Victor V on 03.01.15 at 1:45 pm

GLOBE EDITORIAL: Reforming Retirement (1): How the TFSA turned into Godzilla

http://www.theglobeandmail.com/globe-debate/editorials/reforming-retirement-1-how-the-tfsa-turned-into-godzilla/article23227924/

Two reports came out this week sounding the alarm on the growing costs of Tax Free Savings Accounts, now in their seventh year, and criticizing the Harper government’s long-standing promise to double the TFSA contribution limit. The reports, from the Parliamentary Budget Officer and Simon Fraser University economist Rhys Kesselman, largely agree that the relatively new and still tiny TFSA program is growing like compound interest. Both say it won’t be long before it is taking a huge bite out of federal and provincial government revenues.

Question: Is that necessarily a problem? Is a tax break that encourages Canadians to save more for retirement, thereby costing government some hoped-for revenue, even a lot of revenue, necessarily a bad idea? Answer: No.

#12 JohnL on 03.01.15 at 1:47 pm

First they came for the Socialists, and I did not speak out—
Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out—
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out—
Because I was not a Jew.
Then they came for me—and there was no one left to speak for me.

Speak up for your rights people.
There are many around the world who only dream of what we have and vast numbers of us take it for granted as it is whittled way……..speak up before your rights are gone.

#13 Michael on 03.01.15 at 1:53 pm

Wow….over 400 comments on the last post. I’m pretty sure that’s the most i’ve seen.

I agree with what you’ve said. Frankly, it is disappointing how vitriolic people can be when operating behind a user name. It goes to show how wimpy some people are. Everyone is so much tougher and meaner behind a user name moniker (I wonder how that would change face to face….)

#14 Obvious Truth on 03.01.15 at 2:01 pm

Well said. Immigrants have been welcomed to our great county as long as it has been a country. Nobody has the right to single out a group and paint them as inferior. That’s just bully behaviour. Feeds your own ego and has nothing to do with free speech.

How many Europeans have come and bought houses in the last 70 years. And how many of them had businesses in their ancestral country. Their impact on housing is nonsense.

In this country you get what you work for. And who you vote for. And how you hold them accountable. All doors are open. No whining about where you are in life. And if you have good fortune you give back. That’s the legacy of our nation. Not for profit organizations doing good everyday.

As soon as someone becomes a landed immigrant they are your countrymen and women. Canadians.

#15 Financial Poodle on 03.01.15 at 2:02 pm

I am completely in agreement with your judgement and decision(s).

I think one of my comments was DELETED once once in the past. I don’t recall what it said but it made me take pause and be more mindful of the words I would use to convey my point.

I also am aware of the effect anonymous posting has on people and their comments. They feel empowered to make the most ridiculous statements because their name is not associated with their steamy 3-coiler in print. Anonymity isn’t all that great.

Keep up the good work.

Financial Poodle (aka Mike Bloemen)

#16 Wildnutter on 03.01.15 at 2:04 pm

People just can’t get enough RE

http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/single-dad-with-three-kids-ponders-life-with-rental-income/article23232221/

#17 Hexagon on 03.01.15 at 2:07 pm

Garth, you read every single comment? You have more patience than a Monk! How can you put up with that on a daily basis?

#18 Rainclouds on 03.01.15 at 2:13 pm

#13

Thanks for manning up. Michael Who? :-)

Bill C-51. all good here, no worries, move along…….the PC brain trust is on the job.

http://factscan.ca/

#19 Zekele Ibo on 03.01.15 at 2:14 pm

>> Of those who come here daily, about 1% (on average) leave a comment.

I am part of the 99%. This post is my only hope of becoming part of the 1%. Does that mean that the Occupy movement is after me now? :)

Thanks for the great articles, Garth!

#20 crowdedelevatorfartz on 03.01.15 at 2:15 pm

Its your blog Garth.
Do as you see fit and to hell with the naysayers.

And keep up the excellent work.
It IS appreciated.

#21 Rexx Rock on 03.01.15 at 2:18 pm

I’m in a paid service called inthemoneystocks.com.They go by the charts even in housing.One of the cofounder buys and sells real estate using PHLX.He says he’s homeowner or renter according to the charts.I’d say Canadian real estate is off the charts and its time to sell to avoid the risk.

#22 not 1st on 03.01.15 at 2:19 pm

Garth, do you not think the internet is a democratizing influence? Yup there are odd balls and tin foil hats and people who just had a bad day who can post outlandish stuff, but isn’t that a counter weight to the people who get a uncontested forum?

Imagine if people like Dick Cheney or Jenny McCarthy or Pope Frank just got to tell us whatever they wanted and we had no power to respond. Now their BS can be called out and people that support such BS can be too.

Freedom of speech is always going to be a messy affair especially if the uninformed have a voice but we give them a vote too and nobody seems to worry about that. I would rather be offended than manipulated.

#23 waiting on the westcoast on 03.01.15 at 2:22 pm

“#12 JohnL on 03.01.15 at 1:47 pm
First they came for the Socialists, and I did not speak out- …

…Speak up for your rights people.
There are many around the world who only dream of what we have and vast numbers of us take it for granted as it is whittled way……..speak up before your rights are gone.”

So true. While I detest hate speech, we need to preserve their right to voice their idiotic opinions AND it is our right and responsibility to speak out against it!

The issue is that too few are brave enough (or stupid enough) to do so. However, that bravery needs to be embraced and rewarded. Too many people feel that they know better (even me ;-). But I think it would be a disservice to all of us to muzzle anyone or too soon we will all be muzzled.

#24 waiting on the westcoast on 03.01.15 at 2:25 pm

That said – this is Garth’s forum and he can do as he pleases. If I want to rant, I can still start my own blog. My point was on the overall concept of free speech and not specific to this forum.

#25 Timing is Everything on 03.01.15 at 2:25 pm

I’m late to the party or Garth’s early today.

I did not read ‘the big bad post’. To ban or not to ban? That is the question. It ain’t our blog. Your blog, your rules, Garth. You can always ‘unban’ later.*
http://tinyurl.com/opvnaw5
This is no time to be a politician. Make a decision. Thx for the blog, btw.

*It’s never too late to make a better decision. – TiE
—————————————————–
http://tinyurl.com/kqoyg6p
http://tinyurl.com/psbs8yh

#26 mdm on 03.01.15 at 2:30 pm

Hurray to Garth. Speaking out against the intolerable comments that only a few would be ignorant enough to post. The more we all stand up against racist and hurtful talk, the stronger and more united we become.

#27 JSS on 03.01.15 at 2:32 pm

I really enjoy reading this blog. Thanks

#28 NEVER GIVE UP on 03.01.15 at 2:36 pm

We only HATE what we FEAR.

Many Fear the change brought by immigration.

Many Fear all change, and resist it at all times.

On average, Immigration is a huge net Positive for us all.

Lets hope our Government uses care to keep it that way.

As for censorship, I feel I am self censored all the time except in a face to face conversation in my basement.

On this blog your words are recorded for all time. On the phone I believe all conversations can be brought up if needed in the future by Government. If this is not true now it soon will be.

Add all email and anything you type or speak into the internet.

Temper your words but remember what you truly believe.

#29 J in Calgary on 03.01.15 at 2:43 pm

One of your best posts yet! Kudos for laying it out there so well.

I am an immigrant but because I am not visibly different from Anglos and don’t have an accent, I can “pass”. My parents worked hard when they came to Canada, both professionals in their 40’s, fleeing their country with nothing but the clothes on their backs and 2 young kids.

Sure, there are a lot of immigrants with money but there are also a lot who came here with little but hope. From what I can see, the vast majority of them work hard to make a life for themselves and their families here. Canada has always relied on immigrants to make this country work and is the richer for it.

I am a regular reader of this blog and many days, I also go through the comments. There are some posters I totally disagree with, some whose comments I skip as soon as I see their name but I, for one, am glad that Garth doesn’t allow racism and hatred to be perpetrated on his site.

#30 Muzzled | Realties.ca on 03.01.15 at 2:55 pm

[…] Source: http://www.greaterfool.ca/2015/03/01/muzzled/ […]

#31 JimH on 03.01.15 at 3:00 pm

As we all know, freedom of speech, like almost all other freedoms, is not unlimited.
Any and all who post here should realize that this blog is moderated. Posting implies an awareness of the blog policies and a willingness to accept the consequences of posting.

Please keep up the excellent work, Garth.

#32 1drs on 03.01.15 at 3:01 pm

The balance between free speech and helping the bad guys is very precarious and any mistakes can be costly to a free society. In my opinion, from what information I have available to me, bill C-51 is taking us to a place I don’t think Canada should go . This has occurred with the Patriot Act in the US and it is infringing on the rights of law abiding Americans every day without actually catching many terrorists. Remember the Boston Bombing ? In this world, terrorists can be caught with the same laws that we use to catch other bad guys. Murder and mayhem are illegal and terrorists hold no special license to kill people because their cause is “just” .They are criminals. They should be viewed as members of an organized crime syndicate and the laws to catch them already exist. The arrests in the Maritimes prove that what the RCMP and CSIS have to work with is already enough to do the job. What C-51 appears to do is give the government the right to stifle any type of opposition or protest and that is dangerous to the people of this country…..including immigrants .
On a different note, my family did not exist in Canada three generations ago so I guess that makes me a bad person in Marks world. Stealing REAL Canadians jobs and Stealing their social benefits. Immigrants made this country. They are still building it today.

#33 NoName on 03.01.15 at 3:05 pm

In between reading blog comments i was also reading about bill c51 yesterday…

No foil hat can save blog dog from thought police.

http://www.thestar.com/opinion/editorials/2015/02/25/parliament-should-give-harpers-flawed-anti-terror-bill-the-scrutiny-it-merits-editorial.html

#34 Nemesis on 03.01.15 at 3:06 pm

#SillySunday,Or… #WayWorseThanMuzzled:

[Independent] – Spiritual leader allegedly manipulated 400 men into removing testicles to be ‘closer to God’

…“[The victims] were told that only those who get castrated will be able to meet God,” said Chauhan’s lawyer, Navkiran Singh, according to the Sydney Morning Herald.”…

http://www.independent.co.uk/news/world/asia/spiritual-leader-allegedly-manipulated-400-men-into-removing-testicles-to-be-closer-to-god-10078095.html

#WokKitchensAreSoYesterday,Or… #MyHusbandThree… #TheChineseRushToMultipleFlush…

[SCMP] – Chinese-made electronic toilet seats as good as Japanese units, top maker says

…”Ma said his company’s products shared the same basic functions with Japanese brands, such as a warm-water spray and an instant seat-heating feature.

“However, foreign brands do not take into consideration the different household environments of Chinese families. But we do,” he said…

…State-owned China Central Television reported last month that the seats, which are priced at about 2,000 yuan (HK$2,500) each, were sold out in many duty-free shops in Japan after Chinese tour groups visited those places.

Some even purchased two or three such products in one go, apparently believing Japanese-made products are better in quality than those made at home.”…

http://www.scmp.com/news/china/article/1726551/chinese-made-electronic-toilet-seats-good-japanese-units-top-maker-says

#35 The other Keith from Calgary on 03.01.15 at 3:07 pm

I don’t read the comments much, but sometimes I’m in the mood and they amuse me. I moderate my own blog, (WAY less traffic than yours) for much the same reasons. Your blog, your rules.

I enjoy your blog because it’s important that someone brings facts to the table. Not just “I think it’s a bad idea to buy a house because home ownership sucks,” but rather, “here’s the economics of home ownership compared to other investments and do the math.” There might still be emotional or security reasons to buy that trump the money math, but make sure you know what you’re getting into.

#36 chapter 9 on 03.01.15 at 3:08 pm

Bill C-51 It’s frustrating, terrorism is rare and largely ineffectual, yet we regularly magnify the effects of both their successes and failures by terrorizing ourselves. Politicians naturally want to do something in response to a crisis, even when it makes no sense.

#37 De-nutted on 03.01.15 at 3:13 pm

#34

Well at least they seem to have made an informed decision after careful thought to the matter

unlike this poor fellow!

http://www.dailymail.co.uk/news/article-2969992/Married-TV-actor-wakes-testicles-STOLEN-drugged-Russian-bar-attractive-blonde-working-organ-traffickers.html

#38 Decker Tolkien Broadway on 03.01.15 at 3:20 pm

http://www.bloomberg.com/news/articles/2015-02-28/gold-jumps-to-one-week-high-as-india-leaves-import-tax-unchanged A certain Canadian “Shark Tank” Investor holds 5% of his portfolio in gold. Just FYI. The intrinsic value of precious metals should be respected to a degree. And this is why the Permanent Portfolio remains relevant in this day and age. Invest wisely and diversified for the greater good, Greater Fools!

#39 Andrew Woburn on 03.01.15 at 3:25 pm

Those who are planning to leave an inheritance, or hoping to receive one, may find this article aimed at financial advisers to be of interest.

“As vast numbers of the population ages and become susceptible to various forms of dementia, including Alzheimer’s, financial advisers like Mr. Kotin and their firms are increasingly finding themselves being asked to make crucial decisions affecting the financial affairs of their elderly clients. Sometimes, as with the Ratners, these cases involve feuding spouses or other family members. In other cases, financial advisers suspect that their clients are being taken advantage of by con artists.”

Unraveling Minds – Dementia is not only robbing the elderly of their mental capacity, it’s putting financial advisers in a bind

http://www.investmentnews.com/article/20141103/FEATURE/141039973/unraveling-minds

#40 Conrad Blacklisted on 03.01.15 at 3:32 pm

To the Once Honourable Member Garth Turner, PC,

I know you know who your betters are, so don’t even feign a populist impulse to delete or censor me, you proletarian posterior-kissing rodent.

Your blog postings this weekend are execrable in their omission of any mention of the most serious form of bigotry today, the unjustified marginalization of former Privy Council members such as myself.

I have given so much to this still morphing nation, and barely taken a trifling amount from employee pensions in return. And what is my reward? Ostracism, prison, loss of my own PC designation, and now the OSC says I cannot sit on a lowly Canadian corporate board?

Outrageous!

What if I was a woman, or Asian, or refugee to Canada?

Where is your concern for the abuse I have suffered, Garth?

All I read here is “HAM this, or HAM that”. Do not get me wrong, I do pity the underclasses filling their desperate bellies with a surfeit of impecunious pork products, and only wish they spent more on their personal chefs to at least upgrade to beef.

If you think the American gulag conviction I suffered was reasonable, then you’re a priggish gullible Canadian fool who takes seriously this ghastly American justice system that any sane English person knows is an outrage.

To discuss hatred and stereotyping of immigrants (many of whom make excellent servants, I can attest) without even touching on the horrific ostracism I have faced without any warrant (ok, there were a couple of warrants) is also an outrage.

You, sir, are spectacularly unqualified to undertake your proletarian posturing on behalf of the ‘aspiring to the one percenters’ who read this poor facsimile of Sun Media (and your ad revenues must be pitiful, even worse than what we did to that chain)

Do not darken the Bridle Path with your presence when you cross this burg to go to Costco, Mr. Turner.

Take the TTC York Mills 95 East and stay the hell away.

#41 Smoking Man on 03.01.15 at 3:34 pm

All Western countries are ruled from back stage. Especially on foreign policy.

The Harpoites are owned, as are the libs and communist.

Up until a few years ago, the machine had no worries, MSM would feed the herd cool aid, and the herd did not question it’s content.

Now with Facebook and Twitter becoming a big part of everyone’s lives, the MSM narrative on who’s, bad, and who’s good is looking like a big hunk of Swiss cheese full of gaping holds.

The machine is going insane at losing its control over the minds of its slaves. And this loss of control is growing exponentially. Examples, anti vaccine movement inspite of all the MSM pushing it. Look at Russia, MSM attacking Putin, while those of us who fat check on line, MSM is a big joke.

Bill C 51 Is all about identifying and watching those that are critical of the status quo. Potential Revolutionary.

Our governments let people freeze in the streets, so I don’t think they are too worried about ISIS killing a few of us, as much as they worry about The herd coming for them with pitch forks, especially the ones back stage..

So dogs, make sure you don’t use words like, liberty, freedom, justice in your posts, that’s a red flag. Say Ala Akbar all you want, there not looking for that.

#42 Guy on 03.01.15 at 3:35 pm

Good day Garth:
Good article. If we limit free speech, the bad guys win.

The problem is that web sites such as rt.com (Russia Today) seem to be winning the information war, western governments want to shut that down. Instead of that, lets use our ingenuity and wealth of intellect to beat them at this game.

RT.com does not inform us of the massive corruption in both Russia and China. As the saying goes, power corrupts, absolute power corrupts absolutely. After decades of a one party democracy (?) corruption is running rampant in the old Warsaw pact countries as well as China. That is not being exposed to our own population.

When it comes to ISIS, the Nazi influence in the middle east, before, during and after WWII has not been exposed. We can win the information war and keep our liberties intact.

It would be a shame for this blog to be shut down. You offer solutions to the problems we face. We need more of that.

#43 The Fuzzy Camel on 03.01.15 at 3:35 pm

Freedom of speech isn’t free of consequences.
Say dumb things, you may get punched out.

C-51 is about criminalizing speech, which is evil.

If someone says something Garth doesn’t like, he bans them, that is it.

With C-51, the RCMP can declare it hate speech, and arrest the person for typing a few words. That is freaking terrifying.

Don’t you get it? You are about to lose your right to voice a dissenting opinion against anything.

If you think Wynne is an evil old corrupt harpy who will bankrupt Ontario for her union thugs, and you say that, it will be considered hate speech!

Why? Because she is a lesbian, and thus considered part of a ‘protected’ group, and the use of disparaging words against anyone in a protected group is the definition of hate speech!

Now her sexual orientation is irrelevant in the statement, they are judging her because she is a corrupt politician. But it is still by definition hate speech.

#44 Andrew Woburn on 03.01.15 at 3:46 pm

#229 Nagraj on 02.28.15 at 6:17 am

The question I’m asking is: WHO – really – governs Canada? What element of Canadian society is really in charge (successfully making decisions which affect all of us)? What – power – has decided, presumably in its own interest, to let the great Canadian housing bubble expand to the point where we have the biggest home ownership rate on the planet? Who benefits from the astounding household debt/income ratio? Or our youth unemployment crisis? [Of course Business likes high prices and low wages, but Business is not well served by impoverished consumers and Business knows it. Dollarama Nation.]
….I myself am disposed to favour the idea that: nobody’s in charge, that no social element in particular is ruling the roost. Power vacuum.
==================================

I have wondered the same thing. It makes a great movie plot to visualize the country being run by a sinister cabal of businessmen but I doubt it. My own theory is the default power in Canada is the senior civil service. Although they have to take account of the wishes of the Prime Minister’s Office and of big business, the Mandarins of Ottawa (or of the provinces) are there for the long haul, and they have day to day control over the levers of power. I assume they develop a collective view on how the country should be run which they communicate to politicians and business in an attempt to keep things on track. If the PMO and/or big business really want something badly enough, the Mandarins will likely yield, but otherwise, they are in the background running things. None of these people are fools and I would like to think the bureaucrats knew beforehand that loosening mortgage credit too much would lead to trouble, but they have presumably learned not to stand in front of a prime minister charging toward re-election. As you say, the current orgy of debt does not help business other than construction related industries so it is more likely a result of muddy political short-term thinking.

In my view, if Canada were really run by and for the benefit of big business, the banks would have been allowed to merge. The logic was compelling from their point of view and they are by far the most powerful businesses in this country. It is likely that government sees them a crucial tool in implementing policy and may have been afraid that international growth would not only destabilize them but also make them less useful as a policy instrument. If so, government was right as witness the US experience of letting banks grow too big.

I had an encounter along the way which reshaped my views on political governance in Canada. I once organized a meeting for a client with a senior cabinet minister to pitch a proposal to save money on a certain high profile federal program. The minister liked it so much he asked his executive assistant to immediately walk us over to meet the bureaucrat in charge of the program.

After the client had made his pitch, the bureaucrat, who was something reasonably senior, but not an assistant deputy minister, said, “No, we’re not doing that!” He didn’t say, “Yes, Minister” or “I’ll confer with the Deputy Minister” or “That’s interesting, we’ll study it”. He just brusquely told his own minister’s right hand guy to stuff it in his hat right in front of strangers. The executive assistant retreated and that was that.

#45 Get Well Chris Bosh on 03.01.15 at 3:49 pm

Hi Garth and rest of peoples,
Keep up the good work.
While I don’t agree with everything Garth says, I’ve already emailed many a URL to people who I think can benefit from the content.
It’s educating, and Garth is right to hold us to some standard of respectful discourse.
Once again – – – – Keep them coming.

#46 LadyInWaiting on 03.01.15 at 3:55 pm

I enjoy your blog and am grateful for your judgement and perspective. I still disagree with you regarding data concerning foreign investment in residential and commercial real estate. Honestly, I do not care where it is coming from, but it has to have a distorting effect on the fundamental real estate market in certain places. There seems to be a lot of money looking for a safe haven, with modest growth, given the ubiquitously low interest rates. The Australians are dealing with a similar issue and released a report in November 2014, maybe this has already been discussed on the blog. Here is the link:

http://www.aph.gov.au/Parliamentary_Business/Committees/House/Economics/Foreign_investment_in_real_estate/Tabled_Reports

Chapter 3 seems to be the important section. I am having a difficult time parsing the language, but what I can naively surmise from this report is that the RE market in Australia moved approximately $192 billion worth of property (mostly new) in 2013, of which $24.8 billion (or 13%) is attributed to foreign investment. This is 44% higher than i 2012-2013. China, Canada and US are the biggest players.

Of course this is Australia and not Canada, so not sure how generalizable this is, but I think it is significantly more than the paltry and poor RE related data in Canada suggests.

#47 Greyhound on 03.01.15 at 4:00 pm

Well said. The high quality of Garth’s thinking & writing is why I and likely many others have been coming here for years.

#48 Happity on 03.01.15 at 4:05 pm

Welcome to the bailin world,

for all those who have all their assets in a systemic derivatives based peak debt financial system:

Austrian bankruptcy, $8 billion hole –

“The finance ministry noted that creditors can be forced to contribute to the costs of winding down Heta – or “bailed in” – under new European legislation that Austria adopted this year so that taxpayers do not have to shoulder the entire burden.”

#49 Happity on 03.01.15 at 4:11 pm

So much for the proclaimed low oil prices goosing the USA economy and adding to their Renaissance…

“nationwide gas prices are rising at the fastest pace in over a decade”

Yup, it’s only March….

#50 Freedom First on 03.01.15 at 4:14 pm

Reading Garth’s free Blog has definitely helped me be more accepting of the many different ways in which people view the world and how they think. Especially the financially illiterate idiots. Free speech is good, as is staying away from personal character assassinations of any kind.

#51 TRT on 03.01.15 at 4:17 pm

1 year mortgage at 1.45%. Ratespy.com

#52 johnyk on 03.01.15 at 4:17 pm

I don’t agree with everything Garth says but he is always thought-provoking and accurate much more often than not.
His blog, his rules and booting hate mongers has nothing to do with violating rights or free speech . Hate speech is not free speech; its hatred, bigotry, ignorance and fear all fried up in one greasy donut inducing vomit.
Good for you, Garth.

#53 TRT on 03.01.15 at 4:21 pm

The problem with not posting ‘anti-immigrant’ or ‘racist’ posts are two fold. There is a difference between the 2.

1. If one can’t argue for a choice in policy decisions, are we any different than a dictatorship?

2. Allowing true racists to display their colours allows authorities the means to track them. It is better they show themselves than remain hidden. Hidden or veiled racism is the worst type. I try to out them all the time.

#54 johnyk on 03.01.15 at 4:27 pm

With regard to TFSAs, the govt get their hands on a chunk before it goes into the TFSA, some taxed at nice fat rates. But TFSA $ don’t mould away in a mattress, they are invested, working to create and sustain tax-paying jobs. On withdrawal they buy even more taxable goods and services because there is a bigger pile to spend. Govt complaining about losing money they don’t have.

#55 Dave on 03.01.15 at 4:29 pm

This is Garth’s place of business, essentially, and he has afforded us the right to come and visit and to post our ramblings, should we choose to do so. I’m a frequent reader, however, until now, never commented. However, I do enjoy reading the comments. I appreciate Garth’s insight, knowledge and attempts at educating the lemmings as to what they should/shouldn’t do when it comes to investments/real estate. Thanks Garth, perhaps I will comment more in the future….

#56 Cici on 03.01.15 at 4:35 pm

Thank you Garth ;-)

#57 John Mc on 03.01.15 at 4:38 pm

Personally I don’t think you have addressed the problem some of the people on here have. Mark was rightfully deleted and called out. I don’t have a problem with that. The issue I have is this was his first (that I am aware of), transgression. Look at all the crap that has been spewed on him for the past month or two, yet you said nothing, did nothing and now for whatever reason you single him out. I have a problem with that. Why let all the other crap go on this blog? In my opinion you are speaking out of the side of your mouth. Once again your blog and your choice. I just don’t get it.

#58 Cici on 03.01.15 at 4:40 pm

#5 Chris

It’s not about not liking certain beliefs, it’s not wanting to make this blog an open forum for racist and hateful discourse.

#59 Mark on 03.01.15 at 4:51 pm

“I will allow you to continue posting on two conditions. (1) You apologize to the person whose family you cruelly belittled and (2) if you have the support of others here. The floor is now open for comments on the fate of Mark.”

I unconditionally apologize to the person whom was unfortunately belittled by my comments.

Good boy. You can come back and play. — Garth

#60 johnyk on 03.01.15 at 4:52 pm

Sorry for repetitive comments, I’m new here and still getting used to the site.
People are whining the govt could be out $15 billion by year 2060. That’s 45 frickin years from now, so $300 million a year? The way they waste money its a rounding error.

#61 Hawk on 03.01.15 at 4:53 pm

Unfortunately one general misconception is that more regulation “protects” people in free societies.

A wise man, who understood the realities of life summarized it well a long time ago……………

If ye love wealth greater than liberty, the tranquility of servitude greater than the animating contest for freedom, go home from us in peace. We seek not your counsel, nor your arms. Crouch down and lick the hand that feeds you; and may posterity forget that ye were our countrymen. –Samuel Adams

#62 Smoking Man on 03.01.15 at 4:53 pm

Test

#63 Long time reader, first time commenter on 03.01.15 at 4:57 pm

I have followed this pathetic blog for almost two years now, both for the sage advice offered up by Mr. Turner and the entertainment value of the comments section.

For those on the receiving end of Garth’s censure, I have a couple of thoughts.

Rather than piggyback your views on the blog of a man who is far more long suffering than I, why not start your own? What’s stopping you from from joining the millions of other conspiracy theorists who enjoy the freedom of speech afforded by the World Wide Web? Perhaps it’s the fact that having access to Garth’s thousands (hundreds of thousands?) of readers is more exciting than having a dedicated following of exactly three like-minded wing nuts??

Having said my piece, I will fade back into that great silent majority of the 99% who faithfully read this blog and refuse to suffer fools gladly. Keep up the good work, Garth.

#64 Smoking Man on 03.01.15 at 5:00 pm

#29 J in Calgary on 03.01.15 at 2:43 pm
One of your best posts yet! Kudos for laying it out there so well.

I am an immigrant but because I am not visibly different from Anglos and don’t have an accent, I can “pass”. My parents worked hard when they came to Canada, both professionals in their 40’s, fleeing their country with nothing but the clothes on their backs and 2 young kids.

Sure, there are a lot of immigrants with money but there are also a lot who came here with little but hope. From what I can see, the vast majority of them work hard to make a life for themselves and their families here. Canada has always relied on immigrants to make this country work and is the richer for it.

I am a regular reader of this blog and many days, I also go through the comments. There are some posters I totally disagree with, some whose comments I skip as soon as I see their name but I, for one, am glad that Garth doesn’t allow racism and hatred to be perpetrated on his site.
……..

I don’t skip anyone’s, after all I’m studying you bastards.. My report is due, the mother ship is getting closer.

#65 Joseph R. on 03.01.15 at 5:02 pm

The Net does not censor but it does compartmentalize. If you want to spew hate and racism, there are plenty of website for that. If you want to talk about government aliens cover-ups, there are sites for that too.

This blog is Garth personal property and he can make the rules as he see fits.

#66 Andrew on 03.01.15 at 5:04 pm

Could I suggest that comments be disabled entirely? Most of them are alarmist drivel, and I would prefer you to spend your time on more useful things than moderating us. There are plenty of places we can discuss these affairs rather than dumping on your space.

#67 ANON on 03.01.15 at 5:13 pm

When locally issued debt goes cruisin’ around the globe in investment vehicles, asking for its compounding return, it is called investin’ and creating wealth. When some debt arrives on the local shore asking for its pound of flesh, it is Hot Alien Money and it steals our wealth. Tricky thing separating what the debt is allowed to plow into or not, and where.
Since last posts’ brain twisting action, I completely forgot plowing debt into which one created teh Real Wealth… Was it: local trinkets good, local housing bad, or foreign trinkets bad, local housing good? Local housing and local trinkets good? Gotta get all this wealth creation stuff straight once and for all. Local housing and local trinkets bad?! Mark? Anyone?

#68 Mrs Bluesky on 03.01.15 at 5:18 pm

I love this blog. It empowers me to take control over my finances and strengthens my resolve to keep refusing the Kool-Aid. The way it’s moderated is fair. If I’m ever interested in listening to racist and incoherent rants I can always go visit my father-in-law.

#69 Smoking Man on 03.01.15 at 5:18 pm

Google thinking about rating websites based on truth, not links. In a world of bull shit, who decides what’s true and what’s not..

Again another event that fortifies my above post that the machine is running scared..
http://www.newscientist.com/article/mg22530102.600-google-wants-to-rank-websites-based-on-facts-not-links.html#.VPOA2b1ULqD

#70 MSM-free Zone on 03.01.15 at 5:21 pm

“……The Internet brims with sites chock full of ugly words and thoughts, unreasoned rants, and the endless display of the prejudice, intolerance, vulgarity and unbridled ignorance of anyone who can type. In those places you can quickly find the lowest common denominator of our society……..”
_________________________

Now that Ezra is temporarily off the air, one need look no further than the daily comments posted from the Sun News readership base of gun-totin’, god-fearin’, freedom luvers.

Then again, where would the current Canadian government be without its beloved voter base of the uninformed and easily manipulated.

#71 saltpony on 03.01.15 at 5:22 pm

oh no, Garth .. you are completely mistaken .. your control?? No way.

OK. Repeat after me please. It goes:

“Dorothy. Bandit. Myself.”

#72 MSM-free Zone on 03.01.15 at 5:32 pm

#40 Conrad Blacklisted on 03.01.15 at 3:32 pm
_________________________

Priceless. Absolutely priceless. You definitely have talent.

Though, I’m guessing Babs would not be amused. Probably best to avoid congregating in areas frequented by sharp objects and guillotines.

#73 Adam Smith on 03.01.15 at 5:32 pm

Moderating comment sections and forums is a necessity or else the whole thing just degenerates into off-topic personal attacks and garbage. You’ll find that a lot of the sites that pride themselves on allowing all comments in the name of freedom of expression wind up becoming the most policed. They just become policed by their most militant members who will attack those who deviate from the opinions they consider acceptable.

#74 Kelly Dodds on 03.01.15 at 5:40 pm

Another site I routinely visit allows posting comments only with their real name, which I’ve always thought was wise. Cowards hide.

That site also has an idiot that routinely doesn’t contribute in any meaningful way, just nitpicks and snipes at the others. But that site also has the option to block the responses of people you find disagreeable. I don’t know if your web software allows that Garth, but if it did, that would be a possible middle ground.

At the end of the day though, it’s your blog, and if the Klu Klux Klan decided to use your forum for its meetings, I don’t think any reasonable person would blame you for shutting them down. I repeat: reasonable. I think ultimately these things work themselves out: I won’t continue to follow a site that doesn’t align with my beliefs, and through osmosis, the beliefs of a site’s owner eventually filter down into the site.

#75 Jon on 03.01.15 at 5:40 pm

It’s sad that today’s blog had to be spent on common decency. I was hoping to gain more general market insights. At least it’s reassuring this blog is not FOX “news”.

#76 Retired Boomer - WI on 03.01.15 at 5:41 pm

I found this blog a number of years ago from another blog that dealt with Canadian RE.

Though I am a Yank, former resident of Buffalo who worked in Ontario for several years, and had developed a few Canadian friends (really).

Back then, new homes in Mississauga were selling in the mid 250’s range, while a similar new place in the Buffalo burbs were slightly less than half of that. A while later, my Canadian friends were selling those homes for a fat profit, but plowing it back into ever higher priced digs. Naturally, I wanted to know what was up. Retiring a mortgage was more important to me than getting a bigger one. Thought maybe I was missing something? (I think not)

In short order I learned our host was much better at investment advice, and humor than shedding light on the dichotomy of RE prices between the states, and Canada.

Through the great RE melt in places here, it was mostly a burp up there. The investment advice though was prescient, and followed. (to my GREAT delight!!)

Yes, Hon GT, it is your blog, and you perform a fabulous public service by having it, moderating it, and always keeping people informed of their -money- world. I feel your standards are reasonable.

Like others, I don’t do twitter, face plant, or snapshot or whatever. That is my choice (I’m lazy).

I have learned much here, including other blogs who have wisdom to share, as well as the postings of others I value reading. None of us has all the answers, nor do we hold a working crystal ball for tomorrow’s news. Thanks to all for being here.

#77 MSM-free Zone on 03.01.15 at 5:45 pm

Only got DELETED once, for publicly questioning the manhood of a certain egg-shaped condo pumper.

I’m OK with that.

#78 See MH, see! on 03.01.15 at 5:45 pm

http://ottawacitizen.com/news/national/plasco-fallout-questions-arise-over-approval-process-of-cmhc-loan-to-town-of-blind-river – “Plasco fallout: Questions arise over approval process of CMHC loan to town of Blind River”

“…Canada Mortgage and Housing Corp. gave Blind River a $49.5-million … after the money was forwarded to the town in 2010, the Ontario Power Authority cancelled the initiative … Money already in hand, the town moved forward with several smaller-scale solar developments …
(in Ottawa’s Plasco Energy Firm) … the waste-to-energy firm last month sought and obtained court-ordered creditor protection …”

There go our tax dollars!

#79 Slow Canada on 03.01.15 at 5:46 pm

Long live the truth and its disciples, Garth.

Honestly, though, do you not think that it would be a good idea to put a tax on non-resident buyers? It would benefit Canadians, including recent immigrants, and might help to calm some of the vitriol.

The present system strikes me as very laissez-faire, much like our border control, which doesn’t track who is leaving the country, only who is coming in. If you have travelled at all, you know that this is unusual.

#80 Michael on 03.01.15 at 5:47 pm

#18

“Thanks for manning up. Michael Who? :-)”

——————————————————–
I didn’t insult anyone. Everything I say online I’d be willing to say in person

#81 martha pearce-smith on 03.01.15 at 5:48 pm

The concept of freedom of speech applies only to governments, not to a privately owned blog… this is not a democracy here… I applaud you for taking out the trash… evil flourishes when good people stand by and do nothing to stop it…

#82 Tremblant 110 on 03.01.15 at 5:57 pm

When in Rome do as the Romans
When in my house do what I expect and tolerate
When writing on my blog respect my values

#83 Timmy on 03.01.15 at 5:58 pm

IF you won’t put up valid posts, like the fact that rich asians have driven up prices in Vancouver then people will simply find other outlets which entertain more than one viewpoint.

Be my guest. Watch your butt on the way out. — Garth

#84 Randy Randerson on 03.01.15 at 6:09 pm

#57 John Mc on 03.01.15 at 4:38 pm

I agree with your sentiment. There are other posters who are more ignorant and hateful than Mark. I’ve followed this blog for 2 year and I don’t recall any posts from Mark that were over the top xenophobic; there are worst offenders than him on this site. He has always conducted himself amicably even when other posters reduced to ad hominem attacks. He also takes time to explain his position, even though sometimes it can be a full page long.

Seems like it was a first strike against him so I’m surprised to see such a big reactions from everyone, and divided the blog dogs into two opposing camps.

This is GT’s blog, so he’s free to do what his wish. Just putting my thoughts out.

#85 John on 03.01.15 at 6:13 pm

#6 Our rights come from the government?? They are unalienable rights- God given rights that no man can infringe on. This whole idea of the greater good is ridiculous. I suggest you watch G Edward Griffin on individualism. Here is a easy maxim to follow. My rights end where yours begin. DONE. They sure as hell don’t come from any government and when people start thinking that we are in a load of trouble.

#86 crowdedelevatorfartz on 03.01.15 at 6:14 pm

@#59 Marcus Hubris

You’re ba-a-a-a-a-a-a-ck…………….

Shunned for a day.

The horror.

Hutterites have suffered more for fraternizing with them English.

#87 nonplused on 03.01.15 at 6:23 pm

That all probably needed to be said to reaffirm the ground rules but I for one am looking forward to a resumption of regular programming! And I mean that as a complement not an insult.

#88 Smoking Man on 03.01.15 at 6:29 pm

#83 Timmy on 03.01.15 at 5:58 pm
IF you won’t put up valid posts, like the fact that rich asians have driven up prices in Vancouver then people will simply find other outlets which entertain more than one viewpoint.

Be my guest. Watch your butt on the way out. — Garth
…….

Hum, it’s like this Timmy, your sort of right but wrong. it’s not the HAM that’s moving the bid up. It’s the perception of the locals that think HAM is invading.

That perception is what causes the Herd to buy, which bids up the price..

But it’s the Herd and free money that’s doing this..

In Toronto it’s simply the laws of supply and demand, 2000 people a week make the GTA home…

#89 EvilMagpie on 03.01.15 at 6:36 pm

Staring at homes for sale in West Jordan, Salt Lake County. 3 bed, 2 bath, 2600 sqft for 215K.
TN Visa still makes me feel like I won the 5/6+ Bonus in the 6/49, cause that’s how much money I’ll save on a house. It in and of itself isn’t a path to permanent residency, of course, but they’re right in the middle of working on my H1-B.

#90 speechifier on 03.01.15 at 6:37 pm

One of the local papers this week had an editorial that Freedom of Speech also means Freedom from Speech.

Just because someone has a viewpoint, a platform and a megaphone doesn’t mean the rest of us need to be subjected to it.

#91 Mark on 03.01.15 at 6:37 pm

“Honestly, though, do you not think that it would be a good idea to put a tax on non-resident buyers?”

Terrible idea, for a number of reasons.

First, there is no meaningful evidence that non-resident buyers are of anything but a statistically insignificant part of the market (like a few percentage points at best!). Secondly, if Canada does this, as a net purchaser of foreign assets, we should only expect the same treatment in return which would hurt Canadians far more than it would hurt the ‘foreigners’. Third, for those who do not like “foreigners”, wouldn’t it be viewed as desirable for “foreigners” to buy the most overpriced (and hence, most poorly returning) assets from Canadians at top dollar so that capital can be redeployed into higher returning investments elsewhere?

like the fact that rich asians have driven up prices in Vancouver

That’s not a ‘fact’ at all. Its just a disgusting narrative advanced by a RE industry desperate to rationalize the fact that RE optimism and subprime credit is out of control in Canada. An entire racial group, regardless of their citizenship status, being effectively libelled in the name of rationalizing a bubble (or the deflation of the bubble that is now in progress) is about as horrible as it gets.

#92 Toromierda on 03.01.15 at 6:46 pm

Look what governments are willing to do to keep a housing bubble from deflating. I wonder if the guy running their central bank had anything to do with it.

===================================

First-time buyers in England offered 20% discount on new homes

http://www.bbc.com/news/business-31668135

#93 Wildnutter on 03.01.15 at 6:46 pm

#91

Faaaaaaaaaaaaaarck, he’s back!!..damn wind up doll. Intense.

#94 For those about to flop... on 03.01.15 at 6:47 pm

#74 Kelly Dodds on 03.01.15 at 5:40 pm
Another site I routinely visit allows posting comments only with their real name, which I’ve always thought was wise. Cowards hide.

-~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Hey Kelly ,when I found this blog I looked at the comments section and thought Oh wow! They have screen names I guess I better think up one and in three seconds I came up with ” For those about to flop…”
I was just playing by the rules and do not consider myself a coward .
I have had private emails with Garth and he knows my real name and my wife’s .
Some of the names are funny and it just plays into the theme of serious subjects said with a sense of humour.
You are entitled to your opinion but let’s not take life too seriously .
Signed ,For those about to flop…

#95 Smartalox on 03.01.15 at 6:57 pm

As a regular readers and commentator, I’ve generally been impressed by the quality of comments and discussions on the site, even with some posts that drift off topic. Some of the links posted are even entertaining.

But those who demand free speech should remember that while speech is free, distributing that speech costs money. Those who post comments to this or any other website, do so at the pleasure of the proprietor, and that the proprietor is free to do with those comments as they please, including alerting the authorities, if need be.

#96 Smoking Man on 03.01.15 at 6:59 pm

#91 Mark on 03.01.15 at 6:37 pm

Welcome back, you have alot of fans supporting you, many more than me.

This is the way I slice it.

Mine
Wana know how building 7 feel at free fall speed. Have a deep miss trust of govt, are entrepreneurs in nature, not afraid of risk, and above all enjoy good Fiction.

Yours,
All with obidance certificates, follow the rules, beilive in a white picket fence, Apple pie and mom..

Obviously your going to be more popular.

Just for once, do a post from the wisdom of the bottom of an empty bottle.

#97 geogar on 03.01.15 at 7:03 pm

This is your blog Garth. I have enjoyed and taken a lot of positive from it. Stick to the economy side of things and [email protected] Estate n such.. If I need a lecture on morality I peruse the Old Testament. Thnks

#98 gut check on 03.01.15 at 7:07 pm

Free speech advocate that I am, completely and utterly against censorship, I consider that a person’s internet home is their castle and believe that they have the right to censor. Of course they do, in fact.

If the government does it that’s one thing – if someone just doesn’t want the Jehova Witnesses on his porch, that’s another.

p.s I’ve [email protected] about not being published before but hey, that’s also my right. :)

#99 earthboundmisfit on 03.01.15 at 7:12 pm

The blog is worth reading 90% of the time. I’ve stopped bothering with the comments.

#100 Wildnutter on 03.01.15 at 7:13 pm

Alberta is ROCKING

http://www.theglobeandmail.com/news/news-video/video-the-worlds-tallest-hand-constructed-snowman-built-in-alberta/article23238706/

#101 the Jaguar on 03.01.15 at 7:16 pm

Amen Garth. Especially the part about “it’s not all about you”. The idea as I see it is to read Garth’s daily post, and comment if you have something to say about the content or have something to add. Shortly and concisely. But some (Mark, Cato the Elder, etc.) seem to take it as an opportunity to “dialogue” with each other…… multiple postings each day.
It’s like an argument ensuing, with the rest of the interested parties to this blog resigned to the side lines, hoping the argument will cease. Guess what guys…this isn’t your blog. I do think the nonsense posters such as those who post “First” should just be immediately deleted. Likewise for idiots who like to post drug induced posts which always end in “Shift Happens”. Please go away.

#102 stoffygirl on 03.01.15 at 7:20 pm

Garth I have been searching for 2 yrs for a home in South Surrey, B.C. I have been going to open houses, showings and in almost all cases the houses are being viewed by HAM or purchased by them and left vacant. I am temporarily in a rental complex in the area with about 300 units and approx 75% are owned by HAM. I am not racist and count many Chinese who reside here as friends. We need to update our legislation on foreign purchasers

#103 Karl hungus on 03.01.15 at 7:23 pm

It seems like if I post a comment that is appropriate, backed up with facts, but disagrees with you, it doesn’t get posted. Not sure what kind of free speech that is…

#104 Drill Baby Drill on 03.01.15 at 7:25 pm

Dear Pathetic Blog : I have only 2 basic requirements for any immigrant to our country and they are;
1) immigrate to Canada legally.
2) leave their “OLD WARS” and religious hatreds back in the old country.

#105 bhuthola on 03.01.15 at 7:29 pm

Can’t wait for the rate cut coming this summer! Jimmy’s gonna cash in! Bubble Bubble broil n bubble! Giddy up!

#106 Wildnutter on 03.01.15 at 7:32 pm

#99

Obviously you haven’t !

#107 dave on 03.01.15 at 7:39 pm

It’s been so cold recently – I sure am glad Black History Month is over….get it?

Not racist but sort of funny

#108 Blogbitch on 03.01.15 at 7:42 pm

Long-time reader, first-time commenter. In my view, it’s simple: Your blog, your rules. Your rules, in my opinion, are reasonable. And you get to make the call as to what does — and does not — count as abusive, obscene or disrespectful.

I’ve learned lots from reading your blog. Thanks to you, now I’m a 40-something lady with a really sexy investment portfolio.

I’m not a blog dog. I’m a blog bitch. And proud of it.

Illegitimi non carborundum. Keep posting, Garth.

#109 David W on 03.01.15 at 7:43 pm

I enjoy your work Garth, thank you for what you do.

The comment section is interesting to read and informative but if ppl are bashing then thank you for blocking them. There is enough negatively and hate in the world, we don’t need it here.

Cheers

#110 lurker on 03.01.15 at 7:46 pm

Love the blog. A question for Garth…

I’m 36. The equity in our house equates to 72% of our total assets. (I’ve been very aggressive in paying down the mortgage over the years).

My question is as follows:

I have reached my limits of registered account investing (maxed out rrsp & tfsa for both my wife and I), but was wondering if it’s worth taking a bit more equity out of the house (say 12%) and investing in stable Canadian dividend stocks in a non registered account. In our HELOC we pay 3.35% and if I lock in (for 2 or 3 years), I can probably get it under 3%

Obviously that income will be taxed, but with the benefits of dividend treatment. Does it make sense to diversify even more or just get rid of the mortgage ASAP and then dedicate the monthly savings to investing?

#111 Andrew Woburn on 03.01.15 at 7:58 pm

#92 Toromierda on 03.01.15 at 6:46 pm
First-time buyers in England offered 20% discount on new homes
http://www.bbc.com/news/business-31668135
=======================

Britain overall does not have a housing bubble, just London. It does have a housing shortage following significant immigration from other EU countries. I doubt if Mr.Carney was consulted in the matter but there is a national election coming in a couple of months.

#112 Leo Trollstoy on 03.01.15 at 8:04 pm

Like others, I don’t do twitter, face plant, or snapshot or whatever. That is my choice (I’m lazy).

After a certain age individuals become either unable or unwilling to follow technology. Just like my parents and their parenTD before them.

I hope I don’t get afflicted.

#113 Sue on 03.01.15 at 8:09 pm

#430 Wildnutter on 03.01.15 at 12:42 pm and possibly #433 Russ L on 03.01.15 at 1:12 pm

To do italics and bolding in these comment boxes, I will attempt to explain. Bear with me as I have to try to display the “invisible” characters, let’s hope I don’t mess up :-)

For italic and/or bold text, you can use the HTML “tags” i and b as shown below.
You use the opening tag at the start of the text to be affected and the closing tag at the end of that text. Just like quotes or brackets.

To do italics, type this:

<i>this is italic</i>

Result: this is italic

To do bold:

<b>this is bold </b>

Result: this is bold

To do bold & italic, nest the bold tags within the italics tag (like brackets):

<i> <b>this is bold italic</b> </i>

Result: this is bold italic

You can get the same result (probably) if you copy and paste some already bolded or italicised text. But be careful as you are copying the “invisible” brackets as well.

Cheers!
Reference: http://www.w3schools.com/html/html_formatting.asp

#114 Ogopogo on 03.01.15 at 8:10 pm

#59 Mark on 03.01.15 at 4:51 pm
“I will allow you to continue posting on two conditions. (1) You apologize to the person whose family you cruelly belittled and (2) if you have the support of others here. The floor is now open for comments on the fate of Mark.”

I unconditionally apologize to the person whom was unfortunately belittled by my comments.

Good boy. You can come back and play. — Garth

Apart from the grammatical error (“whom” is an objective pronoun and should be used to refer to the object of a sentence) it is refreshing to see bit of humility and grace in the comments section for a change.

I respectfully submit the following grammar-police approved version of Mark’s apology:

“I unconditionally apologize to the person whom I unfortunately belittled with my comments.

#115 TRON on 03.01.15 at 8:12 pm

As an individual you have every right to sensor, limit, edit and delete anything you want on this blog. It belongs to you and if I disagree the I can start my own blog. These are the basics of a free society.

The government in a free society has a responsibility to protect the rights of individuals. The moment government’s sensor, monitor and control the opinions of individuals in a free society is when people need to speak out and protect their individual rights.

To think our Canadian government acts only with good intention for it’s citizens is nieve. Free speech is not free; you pay for it everytime you defend it.

#116 Wildnutter on 03.01.15 at 8:16 pm

Generation rent in the UK.

http://www.telegraph.co.uk/finance/property/house-prices/10663923/Rise-of-Generation-Rent-as-home-ownership-hits-25-year-low.html

#117 BlackDog on 03.01.15 at 8:17 pm

@MDM#26 re: ” Hurray to Garth. Speaking out against the intolerable comments that only a few would be ignorant enough to post. The more we all stand up against racist and hurtful talk, the stronger and more united we become.”

Unbelievable.

#118 BlackDog on 03.01.15 at 8:21 pm

DELETED

#119 Daisy Mae on 03.01.15 at 8:22 pm

#84 Randy: “He has always conducted himself amicably even when other posters reduced to ad hominem attacks…”

*********************

I admired Mark for that.

#120 Wildnutter on 03.01.15 at 8:23 pm

Off the vancouver grid.

http://www.trueactivist.com/just-one-hour-from-vancouver-there-is-a-secret-island-where-everyone-lives-completely-off-grid/

#121 boonerator on 03.01.15 at 8:24 pm

#40 Conrad Blacklisted on 03.01.15 at 3:32 pm

Please stay on the blog, Mssr Blacklisted, I enjoyed your prolix peregrinations on the perfidy of the privileged perpetrators.

#122 Grantmi on 03.01.15 at 8:25 pm

#93 Wildnutter on 03.01.15 at 6:46 pm

#91

Faaaaaaaaaaaaaarck, he’s back!!..damn wind up doll. Intense.

I know! He reminds me of CHUCKY!!

http://bit.ly/1FLGGJO

#123 Daisy Mae on 03.01.15 at 8:25 pm

#87: “I for one am looking forward to a resumption of regular programming!”

*********************

Agreed.

#124 kommykim on 03.01.15 at 8:26 pm

RE: #17 Hexagon on 03.01.15 at 2:07 pm
Garth, you read every single comment? You have more patience than a Monk! How can you put up with that on a daily basis?

That’s why he gets grumpy occasionally. I can’t say I blame him. ;-)

#125 Wildnutter on 03.01.15 at 8:31 pm

#113 Sue on 03.01.15 at 8:09 pm

Amazing!

THANKS!

#126 Smoking Man on 03.01.15 at 8:32 pm

#10 Broke Dick on 03.01.15 at 1:43 pm
Smoking Man I bow down to you and your ability to read the herd. Having said that I still think Mark will apologize, but not until he talks to his shrink first.
……….

It’s easy to read the herd, mind you, you need to step out of the matrix.

Two ways to do that, one, be completely Insane, two, have a learning disability like dyslexia.

Humans at birth, every single one of them can figure out how to split an atom..
Then they turn 4, Jk and beyond. That’s were it all goes to shit..

There’s this thing called a curriculum, administered by disciples of stupid.

It’s not about education, it’s behaviour modelling. Once the little human buys into this, 99% due, its game over for them.

They graduate, yet they can’t balance a check book, afraid of risk, behave like we taught you and you will be rewarded with a lifetime of slavery, a job..

Outside of this matrix you see a different world. A world where the ones that think they’re the smartest, re enforced with that prized possession, the certificate. can be easily exploited by an amature Smoking Man.

We could have been off this planet along time ago if we just educate. But it’s all about control.. Nothing more, nothing less.

But let’s all figure out who’s going to win the Oscar.. Hey I made it, look at my big house…

I have so much to teach…

Congrats to my kid, 50% return in two weeks… That’s strategic gambling..

#127 BlackDog on 03.01.15 at 8:40 pm

Nuh-uh, no way! Bandit is in control.

#128 Conrad Blacklisted on 03.01.15 at 8:43 pm

#72 MSM-free Zone

“Priceless. Absolutely priceless.”

I have decided that, upon appropriate and circumspect reflection, your comment to me is worthy of acknowledgment, notwithstanding your apparent disregard for mainstream media that have built this country as well as Mr. Turner’s own life experiences, and lined my pockets rather fulsomely.

Thank you for enquiring after Babs. She looks delicious as always. She is well, resting after tolerating yet more venomous unfounded attacks from incompetent, jealous reporters traumatized by their own existential insignificance.

Good day to you, then. I shall not be suing you for libel.

For the moment.

#129 Smoking Man on 03.01.15 at 8:43 pm

#122 Daisy Mae on 03.01.15 at 8:25 pm
#87: “I for one am looking forward to a resumption of regular programming!”

*********************

Agreed.
……..

And what’s regular programing, where we are comfortable, no one gets upset, no one’s feelings are hurt..

Woman is all I’m saying..

#130 Cow Man on 03.01.15 at 8:45 pm

#44 Andrew Woburn
I disagree. From my experience the Life Cos not the Banks are the most powerful insiders.

#131 BlackDog on 03.01.15 at 8:47 pm

@Mark #59

Good…cough…boy!

#132 pinstripe on 03.01.15 at 8:49 pm

interesting comments. I suggest that people try and get along more. life is too short to jerk someonearound.

Many old friends are popping off like mad. last week two funerals. one this coming week. I don’t know why I attend these funerals because I know they won’t attend my funeral. there needs to be give and take in this world.

yet as seniors we do get to put on our blue blaqzer and grey slack and pay honor. we are all in this together.

I started doing my tax for 2014. I did the age amount for line 301 and you wouldn’t believe how a 89 yo can get screwed again.

#133 Pete on 03.01.15 at 8:49 pm

#102

Garth I have been searching for 2 yrs for a home in South Surrey, B.C. I have been going to open houses, showings and in almost all cases the houses are being viewed by HAM or purchased by them and left vacant. I am temporarily in a rental complex in the area with about 300 units and approx 75% are owned by HAM. I am not racist and count many Chinese who reside here as friends. We need to update our legislation on foreign purchasers
——-
IMO this comment is far worse than anything Mark wrote. Among other things it uses the term HAM as a racial epithet, as well as displaying a breathtaking sense of entitlement. And yet nothing from Garth?

I pondered that point but concluded that I (nor you) do not know if offshore investors own those units or not. Therefore deleting it would be capricious. — Garth

#134 Sue on 03.01.15 at 8:56 pm

#125 Wildnutter on 03.01.15 at 8:31 pm

Use your new powers for good, grasshopper.

#135 Leo Trollstoy on 03.01.15 at 8:59 pm

#59 Mark on 03.01.15 at 4:51 pm
I unconditionally apologize to the person whom was unfortunately belittled by my comments.

Congrats on your apology Mark! Now don’t you feel better now?

#136 Senta on 03.01.15 at 9:06 pm

Good post. I have been reading your blog consistently for the last year or so and its expanded my thinking. Last month I lost my job, but no worries. I have doing what you recommend for the last 15 years and built up a large financial portfolio that I need to work again if I don’t want to. Keep up the good work. (btw I am immigrant as well, thanks again).

#137 BlackDog on 03.01.15 at 9:11 pm

@SM #129

Careful….

#138 Pete on 03.01.15 at 9:11 pm

#102

Garth I have been searching for 2 yrs for a home in South Surrey, B.C. I have been going to open houses, showings and in almost all cases the houses are being viewed by HAM or purchased by them and left vacant. I am temporarily in a rental complex in the area with about 300 units and approx 75% are owned by HAM. I am not racist and count many Chinese who reside here as friends. We need to update our legislation on foreign purchasers
——-
IMO this comment is far worse than anything Mark wrote. Among other things it uses the term HAM as a racial epithet, as well as displaying a breathtaking sense of entitlement. And yet nothing from Garth?
—-
I pondered that point but concluded that I (nor you) do not know if offshore investors own those units or not. Therefore deleting it would be capricious. — Garth
—–
And nor, clearly, does this poster. Are you ok with the use of the term HAM as an obvious reference to persons of Chinese ethnicity? And then the old ” I’m not anti-Semitic, some of my best friends are Jewish…” defense?

I would have thought that if Mark’s comment deserved the public lynching he got, this at least deserved a rebuke.

You are stretching, and baiting. — Garth

#139 Rainmaker on 03.01.15 at 9:13 pm

Garth,

I appreciate the financial insight and guidance you provide – the advice is rock solid. I agree with your judgement to remove posters who step out of line. This will maintain a standard of quality for the blog and keep people like me coming back who rarely post.

Thank You for sharing your knowledge – keep up the good work.

#140 Smoking Man on 03.01.15 at 9:15 pm

#42 Guy on 03.01.15 at 3:35 pm

Really Man, you think RT is bad….

What ever you do don’t visit Veterans Today blog. It’s the wild West of free speech, they have great articles of Roswell, and Alien technology.. Not enough. But atleased it’s there.

I don’t read the other stuff, hounest..

#141 Ontario's Left Coast on 03.01.15 at 9:18 pm

Okay dawgs, I’ve just about had enough of the preachy, sanctimonious chatter for now. And so, in the spirit of Garth’s blog, I humbly ask: What are the odds of a BOC rate cut this week?

Cheers and take care, one and all.

#142 Smoking Man on 03.01.15 at 9:22 pm

#137 BlackDog on 03.01.15 at 9:11 pm
@SM #129

Careful….
……

Your right, touching up a chapter, the character in chapter 6, dialog a bit soft, it needs aggression, so I’m drinking JD to help the process along. Originally that chapter was written on wine…. Soft.

#143 Henry on 03.01.15 at 9:27 pm

Somehow along the way we/our society has decided that no one should ever be offended by anything. So we have developed the rules of Political Correctness. Now these rules are not written in stone but are erected on shifting sand. What is acceptable today may not be tomorrow. It seem that as soon as someone knows that they shouldn’t be offended they find more and more thing to be offended about. Soon speech become so restricted that people can no longer effectively express themselves. An example of this would be a lot of the inane drivel posted on this blog. The truth is that Free Speech is the best policy. If someone is occasionally offended, so be it. No one has ever died a horrible death from hearing something they don’t like. Wake up folks before Political Correctness strangles permanently our ability to communicate.

#144 Smoking Man on 03.01.15 at 9:29 pm

#141 Ontario’s Left Coast on 03.01.15 at 9:18 pm
Okay dawgs, I’ve just about had enough of the preachy, sanctimonious chatter for now. And so, in the spirit of Garth’s blog, I humbly ask: What are the odds of a BOC rate cut this week?

Cheers and take care, one and all.
……..

Depends on the trade balance numbers, plus Prozac getting his balls busted for the low dollar.. Some think his ties to exporters in his previous life is influencing his moves..

So nothing now, but right after the spring market, you can bet your grandmothers virginity he’s cutting again.

#145 John Mc on 03.01.15 at 9:31 pm

Seriously!!!???

You are allowing smoking man to enable a link with his name to his web site???

That explains a lot….

Many do so. — Garth

#146 iagree on 03.01.15 at 9:42 pm

racists are bad. Good for you for deleting them. As someone who knows many WHITE property owners who can’t get enough of the refinancing and upgrading game, I can tell you that vancouver is mostly inflated by greedy stupid locals. Always been a red herring to blame ethnics.

The locals come in all colours. — Garth

#147 Smoking Man on 03.01.15 at 9:42 pm

Multi tasking while hammered on JD.

Posting here, modifying chapter 6. And trading forex…

Crude bollanger bands and RSI looking for a morning spike.. Sell USDCAD.

#148 Henry on 03.01.15 at 9:44 pm

By the way when I mention “inane drivel” I was referring to the comments section not to Garth’s posts which I find informative and cleverly written. Protect free speech!

#149 Andrew Woburn on 03.01.15 at 9:45 pm

#130 Cow Man on 03.01.15 at 8:45 pm
#44 Andrew Woburn
I disagree. From my experience the Life Cos not the Banks are the most powerful insiders.
================

Interesting comment. If you are referring to the various life cos controlled by the Desmarais family, yes they are the ultimate insiders, but I am not sure how much the life insurance business per se adds to their influence.

Do you mean that life cos in general are powerful? If so, how does this work?

#150 SWL1976 on 03.01.15 at 9:55 pm

#41 Smoking Man – For a man who slams JD at what I’m sure some doctors would consider an alarming rate, you hit the nail on the head with clarity with that post. We are entering very interesting times and the recent laws and bills that have been passed in North America since 9/11 are mind blowing. Very slippery slope indeed.

The CIA is behind Google and once the herd is dumbed down enough to only know how to google facts… Well it won’t be hard to rewrite history. Careful with your ‘smart phones’ kids.

“People will come to love their oppression, to adore the technologies that undo their capacity to think”

Aldous Huxley 1894 – 1963

#151 Bob on 03.01.15 at 9:58 pm

I used to write a finance blog many moons back. But gave it up because of trolls. Didn’t have the energy to butt heads with morons and ignorant.
So I fully support Garth in turfing out the negative elements and keeping this blog as a shining light of financial prudence.
It is a must read for Canadians who care about money. Bigots can stew in their own hell.

#152 Smoking Man on 03.01.15 at 9:59 pm

#145 John Mc on 03.01.15 at 9:31 pm
Seriously!!!???

You are allowing smoking man to enable a link with his name to his web site???

That explains a lot….

Many do so. — Garth
……..

No way, John McCain, what’s realy bugging you old man…my birthday pic of my daddy on my blog, who turnd 97 the other day.

What was so upsetting about that..

Know this gramps, your on the wrong side of history, actuly there probably will be no history shortly.. Cause of idiots like you.

You and your senial bravery have no idea what your doing regarding Russia..

An event, even a strong earth quake, sets in motion it’s auto launch all the nukes algo..

Decision is based on seismic events, not an order to push the red button..

If a nuke goes off in Russia, a machine takes over, and it can’t be shut down you silly old fart.. Go back to beating on defensles Arabs.

I’m trying to help you stupid humans..

#153 Nattie on 03.01.15 at 10:06 pm

Quick off-topic question (feel free to delete):

I’m doing my mum’s US taxes (Canadian citizen and resident) – can anyone confirm that CPP & OAS is considered “income” just like earned income? Thanks! :)

#154 good boy on 03.01.15 at 10:12 pm

Good boy. You can come back and play. — Garth

I would never join a club that would accept me as a member – Woody Allen

#155 BlackDog on 03.01.15 at 10:12 pm

SM, #142, JD, whine – do you think either makes a difference? For creative writing, or anything else creative, you need to try something else…maybe when JT gets elected. I cannot believe you have not figured this out already.

#156 Sue on 03.01.15 at 10:28 pm

#154 good boy on 03.01.15 at 10:12 pm

“I would never join a club that would accept me as a member – Woody Allen”

That’s a quote from a Marxist (Tendence Groucho), I think.

#157 Abe in ottawa on 03.01.15 at 10:39 pm

Good work Garth. It would be good if the newspapers followed suit with the culture of trolls on their comments sections too!

#158 VICTORIA TEA PARTY on 03.01.15 at 10:39 pm

ST. GARTH OF FREE SPEECH

Yes, you are spot on there, Mr. Garth, as was the man who penned the following quote:

“To build may have to be the slow and laborious task of years. To destroy can be the thoughtless act of a single day.”

Sir Winston Churchill

Sir Winston, of course, is responsible for creating thousands of such quotes and they make perfect sense to me.

MANY ARE HIGHLY INSTRUCTIONAL ESPECIALLY TODAY BECAUSE OF WHAT’S GOING ON “OUT THERE”… BUT FIRST REMEMBER THAT…

…these quotes came from a wartime Prime Minister, who was forced by circumstance to initiate the UK’s equivalent of Canada’s then War Measures Act (to stifle free speech and get everyone in line to fight the good fight). It was a clearly justifiable action at that time.

BUT…

…following the war, and his defeat in the 1945 elections, Sir Winston had the good sense to get right back onto the freedom of speech “meme” and never looked back, inspite of the advent of the Cold War, something he correctly predicted.

Churchill was an amazingly intelligent and coherent man SO the dirth of such elected officials these days is very painful indeed. I look upon a lonely landscape filled with political hacks and other assorted political detritus. Stupid.

WHAT POL…

…these days could “fight” the equivalent of a world war, win it, and “reimpose” freedom of speech and actions afterwards, by ridding the landscape of a war measures act?

NO ONE…

…because the tendency of today’s numbskull pols is to grasp, hold on to, and never relinquish power.

Why? Low self esteem, taking orders from their ignorant “elites” or, sensing a “who cares” public. As Martin Luther King Jr. said in 1963:

“Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity.”

IT’S UP TO US…

If we plebes want to continue to be free, we have to work at it damn it all. Lose weight, stop popping pills, turn off the porn, get a job, read a book, eat a friggin’ sandwich. Get with it!

MEANWHILE…

…write to St. Garth, dangling participles, periodic sentences and whatever. He won’t cut your’s off, just because of a fewer grammaticals!

Honest!

#159 Christoher Mewhort, EA on 03.01.15 at 10:42 pm

#153
I’m doing my mum’s US taxes (Canadian citizen and resident) – can anyone confirm that CPP & OAS is considered “income” just like earned income? Thanks! :)

No. Amounts (converted into $US) from NR4 and NR4-OAS are treated and reported as US Social Security. These amounts are then taxed as US Social Security – taxable amounts may vary widely from earned income. If you do not understand this stuff, you should seek out a professional tax preparer who specializes in Canada – US cross border issues.

Christopher Mewhort, EA

#160 tundra pete on 03.01.15 at 10:48 pm

Free speech is not provided us by the government. Free speech is an inherent right protected by our charter of rights and freedoms. This is the key issue to not be fooled by an incompetent government and ministers attempting to pull the wool over the sheeples eyes. Do you remember “stick and stones will break my bones but names will never hurt me”?

This slippery slope was approached by Adolph Hitler in the second war only as one of many examples I could use here. As Adolph so eloquently put it, ” if you tell a lie big enough, often enough, the people will eventually believe you”. This mindset and subsequent oppression did result in the deaths of millions of people, particularly Jewish, but many others also.

As a Canadian of Swedish bloodlines, I do hope and trust with no great expectation, that I do not have to assemble, in force, with my fellow Canadians on Parliament Hill, to show this A$$hole government just who in the F%CK they are working for.

#161 Vancouver coastal on 03.01.15 at 10:50 pm

If this blog harbours racsist views in the comment section , the anti racsist movement is in the final innings of victory , I really don’t think the people posting about HAM/foreign ownership/ immigration are inherently racist or feel hate , I really don’t think neo nazis worry about their etfs and rrsps. everyone calm down no one sporting swastikas here.

#162 Sue on 03.01.15 at 10:52 pm

#153 Nattie on 03.01.15 at 10:06 pm

“I’m doing my mum’s US taxes (Canadian citizen and resident) – can anyone confirm that CPP & OAS is considered “income” just like earned income?”

You have T-slips for these pension amounts, right? There is a line for pension income, in the tax return as far as I remember.

I do my mother’s taxes on the Tax Freeway program (it’s free for people on limited income). It just prompts you to enter the T5 slips and asks questions to which you put in the answers. It then fills in the forms or you directly submit. There are a lot of other programs that are perhaps just as good (and might have a better UI)

Here is a list of the CRA certified software for 2015:
http://www.cra-arc.gc.ca/esrvc-srvce/tx/ndvdls/netfile-impotnet/crtfdsftwr/menu-eng.html

(I am not affiliated with any tax program company, nor am I a tax professional.)

#163 wes coast on 03.01.15 at 10:53 pm

Excellent illustration of the responsibilities that come with the right to free speech. You manage both extremely well Garth.

#164 Former Fool on 03.01.15 at 10:54 pm

Welcome back Mark.

Wow – CREB stats are available now!

Monthly Month to Date Month to Date
City of Calgary Jan-14 Jan-15 % change Feb-14 Feb-15 % change
Total Sales 1,439 879 -38.92% 1,850 1,217 -34.22%
New Listings 2,396 3,286 37.15% 2,711 2,950 8.82%
Active Listings 2,181 4,420 102.66% 2,641 5,524 109.16%
Median 417,500 422,000 1.08% 424,900 420,000 -1.15%
Average Price 463,303 460,930 -0.51% 482,783 462,295 -4.24%
Days on Market 40 41 2.50% 30 35 16.67%
Benchmark Price 431,400 456,300 5.77% N/A N/A N/A

In a nutshell, listings are up 109% from this time last year! Sales down 34%, and average selling price down 4%. If oil hovers around $50 for a while, this is just the beginning…

#165 Sue on 03.01.15 at 11:01 pm

#153 Nattie on 03.01.15 at 10:06 pm

Sorry I just realized you said US taxes! I do think it is income, but I think pension income is treated differently than earned income.

#166 GTA Observer on 03.01.15 at 11:06 pm

#1 And free speech means that although Mark has every right to say what he said, it also means you don’t have to publish what he said for all to see.

— Bingo and thank you. People forget that the right of free speech has to do with our relationship to our government, not with our relationship to one another. “Freedom of speech” refers to a constitutionally protected human right — i.e. the government (at least in Canada, U.S., other countries with that expressed protection) can’t be prosecuted or locked up for saying something the government doesn’t like (short of hate speech and other proscribed expressions). In short, blog comments are not constitutionally protected and the owner of the blog (or any private owner) has the right to edit or remove comments.

#167 Timing is Everything on 03.01.15 at 11:09 pm

This is a moderated thing. I read every comment, then hit a button. My name’s at the top of the home page, so all that is published here reflects on my judgment. – Garth

Hey Garth, just to be clear…Why did you let the offending post thru in the first place? You just ‘DELETE’ all the time. That’s the whole point of the moderation…

“Abusive, obscene or disrespectful commenters will not be published…”

Seems simple enough. Why did you publish? Why Mark in particular? Odd. Odd things pique my curiosity.

No need to post this or even answer. Just delete if out-of-bounds. This is the last from me on the subject.

I published it with a warning. He deserved one. — Garth

#168 GTA Observer on 03.01.15 at 11:11 pm

#143 Wake up folks before Political Correctness strangles permanently our ability to communicate.

Add a few more words to that sentence and you’re good: “Wake up before Political Correctness strangles our ability to communicate bigotry and intolerance.”

Fear not. Humanity will struggle through — we’ve been pretty adept at modifying the way we use language through the millennia.

#169 Scumop on 03.01.15 at 11:29 pm

This blog is educational, with a fair focus on counterpointing bs with facts. It is the only blog I make a point of never missing an article on.

It is not my or anyone other reader’s personal soap box – rules of open free speech need not apply any more than in a classroom or in your home.

Garth is generous in what he shares and what he allows on here. I think any on-topic claim presented with verifiable supporting evidence would be accepted. Perhaps provided the rustle of tinfoil cannot be heard in the background.

That he allows anonymous posting is good – anonymity is valuable for keeping stalkers off your lawn, letting in-industry people share info that their masters would not approve of (with the firing hammer), and letting you express ‘interesting’ views without fear of ostracism (or laughter) by family or harm from people who could affect your financial life negatively.

That anonymity is a valuable gift and act of trust. To abuse it with personal polemics, racist tirades, and trolling is to betray that trust.

Thank you, Garth, for not letting the haters and morons get to you and making it a dog blog. There are a lot of smart people on here leaving entertaining and occasionally fascinating posts – I would miss them too, even if they posted cat videos in response.

#170 45north on 03.01.15 at 11:30 pm

Ontario’s Left Coast: (Atikokan): I’ve just about had enough of the preachy, sanctimonious chatter for now.

me too

See MH, see: Canada Mortgage and Housing Corp. gave Blind River a $49.5-million loan

There go our tax dollars!

Blind River is the cup half empty but Ottawa is the cup half full:

So, all in all, Ottawa taxpayers get off fairly lightly. (The people of Blind River were not so lucky, as the Citizen’s Vito Pilieci describes — they’re owed almost $18 million by Plasco).

http://ottawacitizen.com/news/local-news/0217-plasco

I’d say Ottawa got off lightly. Very Lightly. The big Ontario cities like Ottawa and Toronto are sophisticated and astute. I suppose there are Ontario towns which are sophisticated and astute but obviously Blind River isn’t one of them.

#171 Country Girl on 03.01.15 at 11:33 pm

#57 John Mc on 03.01.15 at 4:38 pm

I second that.
There’s been a lot of crap directed at women allowed in comments as well.

#172 totalinvestor.com on 03.01.15 at 11:36 pm

TRUTH is the new HATE speech.

“During times of universal deceit, telling the truth becomes a revolutionary act.” George Orwell

#173 Bmac on 03.01.15 at 11:39 pm

Brilliant! I completely agree with your assessment of the situation. I read every day, and I encourage those who I recommend to your site that the comments are worth reading. This is precisely because they are moderated. I believe this encourages a higher level of discourse.

Once again, thank you. I love what you are doing here and it has changed how I save and invest. I am not a high net worth individual.

#174 BG on 03.01.15 at 11:41 pm

The internet was better in the 90’s. It was pretty much the digital Wild Wild West.
Now it got mainstream-ised and don’t start me on the social media.

#175 Mark on 03.01.15 at 11:51 pm

“In a nutshell, listings are up 109% from this time last year! Sales down 34%, and average selling price down 4%. If oil hovers around $50 for a while, this is just the beginning…”

It took about 2 years from the real/statistical peak of the US housing market, and the Realtor-generated numbers to reflect such. So sounds like Canada is pretty much proceeding on a similar schedule.

This week could be very interesting. Rate cut or no rate cut. Data says “rate cut” loud and clear (all the way down to zero), but the recent commentary in the media might actually have some credibility.

#176 Ex-Cowtown on 03.01.15 at 11:55 pm

The US is making it’s first tentative steps towards Orwell’s 1984 style totalitarianism. An Arizona Democrat senator was recently tasked by Obama to begin a witch hunt against 7 university professors and researchers whose thought crime was to question the administrations stance on man-made global warming.

Now just disagreeing with a presidential edict is enough to get the full force of the US government mobilized against you. I expect the IRS to be on auditing them shortly.

Also, Obama has decided that an executive order is enough to ban certain types of ammunition. He can’t ban the guns, but now he’s trying to outlaw the ammo. We’ll see how that plays in Peoria.

The noose tightens.

Gawd…. I’m beginning to sound like Smoking Man!

#177 kommykim on 03.01.15 at 11:56 pm

RE: #132 pinstripe on 03.01.15 at 8:49 pm
I don’t know why I attend these funerals because I know they won’t attend my funeral.

Well yea. I would hope not! ;-)

#178 stage1dave on 03.01.15 at 11:58 pm

From what I read, our host does a balanced job of sorting the ‘wheat from the chaff’. Considering the amount of rants & off-topic crap I post on here occasionally, there’s nothing wrong with his ability to separate the potentially harmful from the not-so-harmful, potentially.

Like everyone else, I occasionally have thoughts about things other than the price of housing in the Great White North, & just as occasionally they intrude into my posts…so it’s convenient to have a forum that is somewhat forgiving.

It’s occurred to a few others, I notice, that the escalation in housing prices has (or may have had) other cause than evil banksters, amoral mortgage brokers, real estate cartels, conspirational government beaurocrats & house-horny virgins…& that’s the reason for a lot of my verbal meandering, & probably a lot of the rest as well.

The house I was raised in called this “conversation”…although it got a bit heated now & then, it encouraged (& developed) a persons ability to display their take on things, & listen to others’ views.

The immigration thingie to me is kind of a non-issue, simply because I’m surrounded by it on a daily basis…this is a country of immigrants, & every third person I work for came from somewhere else, whether it be NFLD or Pakistan. (I’m from ON by way of SK, UT & CA, so I’m a “stranger in a strange land” in AB too)

And I got to sneak a Maiden line in here…heheh

Despite the political incorrectness of saying so, I couldn’t care less what colour the person is who lives beside me. As long as they cut the grass a few times a year, don’t annoy my cats, & stay away from the cars we’re cool. I do have an aversion to most forms of country music, but if it’s not too loud we can coexist.

Or I’ll just turn up the Priest…or my wife will!

I’d also like to second the notion that recent immigrants seem to be more focussed on succeeding in their new land…for a couple reasons: it may be a more gentle landscape than their home nation (pick one after reading the news) & they may be much more cognizant of the possibilities & oppurtunities this country offers…having seen much worse.

(I once flamed out a truck at a local bodyshop whose painter had arrived from El Salvador, growing up there in the 80’s…or trying to. He lived over 30km from work & commuted every day, & his co-workers were amazed he never complained about traffic…or anything else, & was never late. He remarked to me over the course of the job that he’d grown up coping with more important things…like, probably staying alive. Apparently, it’s all relative)

I tend to take the long view & look at the contributions that have been made to this country by people who arrived from somewhere else…Tommy Douglas…Peter C. Newman…to name a couple; & both seemed to appreciate this country more than the people who lived here. And neither was too shy to articulate their own views; a talent more Canadians need to develop.

We in general, & myself in particular, owe Mr. Turner a big TY for allowing this pathetic blog to continue; & on a daily basis yet!

Whenever I get tired of oogling rare Ozzy tour t’s, or have exhausted my search for PSA graded opc stuff, I can plug in the SG & see what the TurnerNation is up to. (patent pending haha)

#179 JSS on 03.02.15 at 12:05 am

#135 Leo Trollstoy on 03.01.15 at 8:59 pm
#59 Mark on 03.01.15 at 4:51 pm
I unconditionally apologize to the person whom was unfortunately belittled by my comments.

Congrats on your apology Mark! Now don’t you feel better now?

Hey Garth –
Why don’t you do us all a favour and get rid of this jerk Leo. Guy adds no value here.

#180 Sky on 03.02.15 at 12:05 am

Geography Lesson & Important Memo for All Eastern Canadians : (Would ya kindly erase yourselves from the Canadian Map ASAP).

“Premier Christy Clark has billed Vancouver “the most Asian city outside of Asia.”

“Most of the world thinks of Asia still, or calls Asia the Far East. We call Asia the West,” she told about 80 senior business executives with the APEC China Business Council to Canada, which represents some of the largest private and state-owned enterprises in
China.”

“‘In fact, Clark told the invite-only forum her staff reoriented a massive map outside her Vancouver office, and now one side shows western Canada, while the other side displays eastern Asia.

“Which is now, we believe, the centre of the world…”

http://www.huffingtonpost.ca/2014/07/14/bc-sets-sights-on-becom_n_5586123.html

Relax, you easterners. There’s no need to worry about the dirty money coming out of Beijing either. It’s under control.

“(Clark)was asked later about what the government is doing to regulate or vet investors to ensure the money filtering into the province is legitimate.

“We don’t regulate the private sector from that perspective in British Columbia,” she told reporters, “but we regulate to ensure that we are looking after the environmental and social needs of the province.”

Looking after the environment, are we Clark? No worries there either. Tag team Harper’s got you covered with FIPA.

“Chinese companies will be able to seek redress against any laws passed by any level of government in Canada which threaten their profits.”

http://www.cbc.ca/news/canada/fipa-agreement-with-china-what-s-really-in-it-for-canada-1.2770159

#181 Love my Kia on 03.02.15 at 12:09 am

Welcome back Mark! Muwah!

And thank you Garth for giving freedom of expression a forum on this business blog.

I did forget provide a link to this important annual event on Freedom to Read which is much more than freedom to read, it deals with censorship and access to information as well. For those of you who want to know more.

http://www.freedomtoread.ca/censorship-in-canada/#.VPPiOeHLo3A

This librarian thanks you for your attention.

#182 Jon B on 03.02.15 at 12:13 am

How about a comment rating system? That way the haters contributions will sink to the bottom while the good stuff (more and more hard to come by recently) will be promoted to the top.

#183 denial is rampant on 03.02.15 at 12:14 am

So….the international media is wrong on HAM money laundering into Canada Garth? You have just said …with one click…that Canada should stay ignorant…while you profess your views as gospel…..really?

Apparently you should back the TO Real Estate Boards gag order.

http://www.bnn.ca/News/2015/2/28/Zoocasa-to-stop-publishing-home-sale-data.aspx

Totalitarianism is right up your alley.

#184 Vicpaul on 03.02.15 at 12:23 am

#112 Leo Trollstoy

After a certain age individuals become either unable or unwilling to follow technology. Just like my parents and their parenTD before them.

———-
I don’t think it is necessarily an unwillingness to follow technology because one chooses not to indulge one’s ego in social media. I love my IPad – check mail, surf unlimited YouTube music, even visit my favourite site that shares self-submitted pics of fabulously bosomy women.
There are social benefits to an enhanced connectedness with distant family, friends, like-minded people who share similar interests – I just don’t feel it necessary to post my viewpoint(very often) and parade my life online. I’m not judging those who do and enjoy it, I guess I’m just on the backside of The Reality Generation” (TM pending).
Welcome back, Mark!

#185 Ralph Cramdown on 03.02.15 at 12:25 am

#91 Mark —
> “Honestly, though, do you not think that it would be a > good idea to put a tax on non-resident buyers?”

Terrible idea, for a number of reasons.

First, there is no meaningful evidence that non-resident buyers are of anything but a statistically insignificant part of the market (like a few percentage points at best!). Secondly, if Canada does this, as a net purchaser of foreign assets, we should only expect the same treatment in return which would hurt Canadians far more than it would hurt the ‘foreigners’.

I don’t know where you got the idea that Canada is a net purchaser of foreign assets. Government are running deficits, household debt to income is high and rising, most of it mortgage, vehicle and revolving credit, the corporate sector isn’t buying the world on net, and we’re running a trade deficit. Here’s the sad truth:
http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/econ01b-eng.htm

http://philcollins.ru/sites/default/files/Genesis%20-%201973%20-%20Selling%20England%20By%20The%20Pound(Capa).jpg

I really dislike Garth’s argument that if some people are priced out of a primary residence in the lower mainland, that’s a price we’ll have to pay so that others can buy second homes in Arizona and Florida. The law, in its majestic equality, allows the rich as well as the poor to buy foreign vacation property? Nuts!

#186 Fortune500 on 03.02.15 at 12:25 am

Good call Garth. It is hard enough to find an unbiased, open space on the internet where educated discussion and debate can take place about personal/Canadian finances. Keep up the good work.

#187 Ralph Cramdown on 03.02.15 at 12:30 am

#174 BG — “The internet was better in the 90’s.”

http://articles.philly.com/1995-08-10/news/25710155_1_computer-network-computer-bulletin-boards-home-pages

#188 Russ L on 03.02.15 at 12:34 am

#113 Sue on 03.01.15 at 8:09 pm

Amazing!

************************

And thanks from me too Sue!

In my test I was copying formatted text from Notepad.

As all could see, it didn’t work.

Cheers, Russ

#189 Mike on 03.02.15 at 12:47 am

There’s more freedom of speech here than on the Conservative Party of Canada Facebook page. Their moderators will hide or delete comments even if they skim it and it *looks* like you might be saying something Pro-Trudeau or Anti-Harper. And you don’t know you’ve been *DELETED* until you check your post on a friend’s account.

#190 Carousel on 03.02.15 at 12:55 am

Just to let you know, Garth, I was born in Australia, immigrated to Canada in 1975, and wish I had gone back… Unfortunately, it was not to be. As an immigrant it has not been easy. The majority of people I have acquainted with have been mean and unfriendly, basically telling me to go back where I came from. Wherever one lives there is hatred towards a race, but, I have grown to rise above it. We should be thankful for freedom of speech, not like third world countries. Although, I am white and speak the Queens English means zilch to some people here. It is sad that people display such envy, but that is their problem, not mine.

Some people never grow up. Rise above the ignorance of others, and think before one speaks, insulting or not.

Canada is a beautiful place, I think Canadians have forgotten where their roots came from.

Anyhow, that is my rant for the night …

Cheers…

#191 Carousel on 03.02.15 at 1:01 am

Oh, and one more comment, your blog is refreshing, educational and so original. Good to know some one has the gonads to speak out…

….

#192 rentin on 03.02.15 at 1:11 am

I was looking for something else when I stumbled upon this.

Interesting, even when RBC would love to sell you a mortgage:

https://www6.royalbank.com/educationcentre2/english/gp/strategies-advance-concepts/is-real-estate-safer-investment.html

#193 NEVER GIVE UP on 03.02.15 at 1:12 am

#40 Conrad Blacklisted on 03.01.15 at 3:32 pm

The writing style definitely fits. Is this the real Conrad?

If so, you sir, are a Rock Star in your masterful manuscription!

I would love to see more of your quill driving craftsmanship right here in this rather loquacious lounge.

I am sure our fellow Blog Dogs will agree as we await your recrudescence into this contemporary symposium of caterwauling quarrelers.

#194 james on 03.02.15 at 1:12 am

#6

“No, free speech is provided by the government.”

Good lord, is this what our education system produces????

As an empirical claim, this is dodgy. As a claim about the foundations of norms it is a disgrace to the entire history of western thought. I suggest looking up ‘natural rights’, and reading some relevant political documents such as the Constitution of the United States, the UN Declaration on Human Rights and the like.

What sort of political philosophy do you subscribe to? Communism?

#195 Entrepreneur on 03.02.15 at 1:48 am

A book is coming out by Clive Ansley (Ansley & Company) on “examines and sheds light on the chilling degree to which the CCP (Chinese Communist Party) has infiltrated Canada.” His article in “The Island Word” mentions “While not readily visible, the CCP today enjoy a significant influence over all three levels of Canadian government and over universities, media, the business community, and even the activities of Canadian citizen groups disapproved China. Ansley also mentions the “Succession Program” which offers Permanent Resident/Citizenship if approved for businesses applied for in Canada. He believes this does not influence real estate. It will be an interesting read.

I think Mark quickly typed, submitted then realized oooops that is not what I meant. We all do that. Mark has always been respectful to others. I actually find some other bloggers rude to the point that they should be banned. My view.

#196 Nobody on 03.02.15 at 2:54 am

#143 Henry on 03.01.15 at 9:27 pm
Somehow along the way we/our society has decided that no one should ever be offended by anything. So we have developed the rules of Political Correctness. Now these rules are not written in stone but are erected on shifting sand. What is acceptable today may not be tomorrow. It seem that as soon as someone knows that they shouldn’t be offended they find more and more thing to be offended about. Soon speech become so restricted that people can no longer effectively express themselves. An example of this would be a lot of the inane drivel posted on this blog. The truth is that Free Speech is the best policy. If someone is occasionally offended, so be it. No one has ever died a horrible death from hearing something they don’t like. Wake up folks before Political Correctness strangles permanently our ability to communicate.
_____________________________________

That was worth repeating. In Canadian society at least, I believe we are already there.

#197 MarcFromOttawa on 03.02.15 at 2:57 am

#104

“1) immigrate to Canada legally”

What do you mean by that?

”2) leave their “OLD WARS” and religious hatreds back in the old country.”

Couldn’t agree more. No room for hate in this country.

#198 Nattie on 03.02.15 at 3:26 am

@Christopher & Sue: Thank you!

#199 Lillooet, BC on 03.02.15 at 4:43 am

Thanks for running a tight ship, Garth. Keep up the good work.

I routinely pick up useful info from your blog and from the people who post.

And more breaking news: “Coldest February on Record in Ontario and Quebec.”

Do ya think it’ll put a damper on real estate prices in TO? Nah.

http://globalnews.ca/news/1856489/coldest-february-on-record-in-quebec/

#200 Mark on 03.02.15 at 5:25 am

“The internet was better in the 90’s.”

And even more freakin’ awesome in the (mid-late) 80s. Good old fashioned VT100 terminals hooked to DEC terminal servers over lord knows how much twisted pair at 4800 baud. Gopher was a pretty neat tool for its time. Archie to find files, anonymous ftp (in binary mode w/hash marks) to actually download stuff. Entire institution I was associated with shared a 56k line (!!!).

Spammers were pretty much shot on site by the relevant sysadmins. Resources weren’t wasted on ads and graphics crap. It was rare to find anyone with a sub-par IQ, and Usenet had almost a perfect signal to noise ratio.

It pretty much was all downhill thereafter.

#201 Sky on 03.02.15 at 7:33 am

Yeehaw! I’m an elite. A Centre of the Worlder. And here I was thinking that I was just another schlubby, egalitarian BC Canadian. Who knew?

It took a good globalist smack upside my head to bring me to my senses. I have a new identity, I’m special. Thanks, Premier Clark, but this will likely entail some readjustment on my behalf- more mental gymnastics … during tax season. Yuck.

Eastern Canadians, since you have sadly been excluded from the exclusive Centre of the World club, from now on I will simply refer to you as Off-Worlders.

What to do with my newly acquired social status? Does it come with perks? And what about rules? There’s always new rules, right? I’ll give it a shot.

To All Off-Worlders {forum host excepted}

Effective Immediately :

1) In addition to Mr. Turner’s forum rules: please include an extra hefty dose of respect when addressing Centre of the Worlders here.

2) Always keep in mind that Centre of the Worlders are very powerful numerically. We are over 1 billion strong {all of western Canada plus all citizens of mainland China}. Total submission and outright groveling is not mandatory at this time. However a humble attitude is highly encouraged.

3) Finish your homework. Get busy with those erasers. Premier Clark leads by example and a word to the wise is sufficient.

4) Retroactive Punishment : If you are guilty of the following offenses against Centre of the Worlders on this forum- offensive language, superior attitude and/or downright snootiness, gloating over western economic woes ,etc – Drop to the floor. Give me a 100. You know who you are. And yes, Alberta is Finished, this means you!

Henceforth, all Off-Worlders may address me as Her Most Magnificent and Reverend Excellency Sky. Lady Sky or Your Skyship will do in a pinch. Please and thank-you.

Kowtows and hand kisses currently not necessary although all bets are off in the future. Centre of the Worlders – just Sky will do :-)

Yihaw! Being an elitist tyrant is fun. I’m adjusting all too quickly.

#202 Cato the Elder on 03.02.15 at 8:13 am

Your blog is private property. Free speech doesn’t apply to private property. Private property owners can set any rules they like.

See how consistent, easily understandable, and LOGICAL libertarianism is? Government=limited. Private property owners=maximum control. Keep the power where it should be, with the INDIVIDUAL so they are free to be as productive as God had intended.

Of course, online speech is under attack by governments the world over. ‘Regulations’ are never there to help anyone, it’s always a subtle backdoor for government control that sounds palatable. Online dissent is FREE and uncontrolled – our rulers do not like that. They like being able to control discourse through the few media companies that own all the television stations and newspapers.

Wake up people. Your government officials do not have your best interests at heart. The ‘terrorists’ are not going to conquer Canada, you have nothing to fear. What you do have to fear, however, is the creeping fascism that is taking over western nations at an increasingly alarming pace. Now, even speech is not sacrosanct.

#203 lala on 03.02.15 at 8:33 am

Dear Mr.Turner I can’t behave, not because I don’t want to but lala is a pirate. He came in Canada 10 years ago broke and know is taking a big chunk of wealth away. As I mention before there are 2 types of emigrants. The ones who settle and the ones who make some
Loot and leave. No social life one here, big distances, killer winter and ugly women that’s what I don’t like.

#204 Alberta is FINISHED on 03.02.15 at 8:50 am

#189 Mike on 03.02.15 at 12:47 am
There’s more freedom of speech here than on the Conservative Party of Canada Facebook page. Their moderators will hide or delete comments even if they skim it and it *looks* like you might be saying something Pro-Trudeau or Anti-Harper. And you don’t know you’ve been *DELETED* until you check your post on a friend’s account.
___________________________________

The CONs are not only the more fiscally irresponsible party in Canadian history but they are anti freedom and democracy. Who votes for a party who steals steals steals and wastes wastes wastes? Oh yeah the most Foolish people in Canada ….Alberta. Guess what Alberta you are FINISHED. Oil is down again and will stay down for years and years and maybe forever leaving oil sands worthless. Alberta beef continues to be banned all over the world. Tough times are a coming Alberta. When you vote CONservative you vote for the one percent to screw you and you Alberta are FINISHED.

#205 Sky on 03.02.15 at 9:19 am

# 204 – Alberta is FINISHED.

You!!! Didn’t you get the memo? Alberta is a Centre of the World province now. They’re IN. You’re not. Toilet detail with toothbrush immediately. Move!

signed,

Her Most Magnificent and Reverend Excellency Sky

#206 Nagraj on 03.02.15 at 9:36 am

Any of you “blog dawgs” willing to front-run Thursday morning’s BoC rate announcement?

Anybody want to guesstimate the next Statscan jobs report? (Comes out on Fri March 13th, does it?)

Looks like consensus opinion is for no change in the BoC rate, as for the jobs number I myself think it should be alarming.

#207 Mr. Frugal on 03.02.15 at 9:45 am

I’m beginning to think that my 3 min and 52 seconds could be put to better use.

#208 Capt. Obvious on 03.02.15 at 9:55 am

Secondarily, I’d be satisfied if more comments stayed on topic. I’m not really all that interested in someone’s take on how the economic system is a farce etc., but I am interested in what you have to say about the topic du jour.
Garth allows us to comment here, let’s try to be courteous to our host.

#209 Alpha Bravo on 03.02.15 at 9:59 am

#14

As soon as someone becomes a landed immigrant they are your countrymen and women. Canadians.

———————–

Well said.

#210 Michael Motorcycle on 03.02.15 at 10:06 am

At least in America, you have freedom of speech, which is a good thing. It’s just a question of whether you’re allowed to use it on ‘Fox News’.

Eric Idle

#211 Daisy Mae on 03.02.15 at 10:24 am

#74 Kelly Dodds: “Another site I routinely visit allows posting comments only with their real name, which I’ve always thought was wise. Cowards hide.”

*****************

Cowards hide? No, they don’t. We don’t use our real names to protect ourselves from the few who would/could harass. Just as employees carrying ID use only their first name.

#212 45north on 03.02.15 at 10:32 am

police officers don’t have a choice about carrying guns but they can be used against them. They should have a choice of carrying tonfas instead.

http://en.wikipedia.org/wiki/Tonfa

if somebody grabs the tonfa it’s not such a big deal.

Three Los Angeles police officers shot and killed a man on the city’s Skid Row during a struggle over one of the officers’ guns, authorities said late Sunday.

http://www.foxnews.com/us/2015/03/02/video-purportedly-shows-police-officers-shooting-homeless-man-in-downtown-los/

#213 Frugal Gopher on 03.02.15 at 10:52 am

#203

Ugly women? Are you high?

#214 TurnerNation on 03.02.15 at 11:08 am

Oil has inflected itself today.
It’s going ape sht as expected.

#215 Daisy Mae on 03.02.15 at 11:09 am

#143 Henry: “Somehow along the way we/our society has decided that no one should ever be offended by anything. So we have developed the rules of Political Correctness. Now these rules are not written in stone but are erected on shifting sand. What is acceptable today may not be tomorrow. It seem that as soon as someone knows that they shouldn’t be offended they find more and more thing to be offended about. Soon speech become so restricted that people can no longer effectively express themselves. An example of this would be a lot of the inane drivel posted on this blog. The truth is that Free Speech is the best policy. If someone is occasionally offended, so be it. No one has ever died a horrible death from hearing something they don’t like. Wake up folks before Political Correctness strangles permanently our ability to communicate.”

****************

Well stated.

#216 Holy Crap Wheres The Tylenol on 03.02.15 at 11:15 am

Well I have to say that there are some really interesting comments on free speech here. As a former military person who was actively dispatched to an extremely unpopular war many years ago all I can say is peace to all. What we in the military learned at a fast pace was as follows.
1 keep your head down.
2 don’t bring attention to yourself.
3 what you see, did or did not happen until the man says it did or did not happen.
4 your brother in arms is a brother for life.
5 keep your head down.
6 loose lips sink ships.
7 let the newspapers print what they want, we know the truth.
8 the intelligentsia that direct us have agendas that we will never know.
9 if you do understand what the intelligentsia is up to, keep it to yourself.
10 keep your head down.
11 the truth will always come out eventually, when the man decides it’s time.
12
As for all of the conspiracy theorists out there some of you are so entertaining it’s actually better than watching old re-runs of Rowen and Martins Laugh-In. Yes we have free speech sort of. Everyone is controlled in some way, even Garth is controlled by what he can post. The garbage that freely flows out there in cyber land is amazing. It is amazing that these conspiracy nuts, evil terrorists and hate mongers are allowed to post such drivel. That however is free speech.
Peace 
Oh for SM only.
You are way off on this building 7 stuff get off the web sites. As for some of your other convictions enjoy!

#217 Wildnutter on 03.02.15 at 11:16 am

#204 Alberta is FINISHED on 03.02.15 at 8:50 am

Speaking of what should be muzzled, the resident rabid dog is drooling and foaming at the mouth again.

Alberta is rat free and commie free.

#218 Holy Crap Wheres The Tylenol on 03.02.15 at 11:24 am

Freedom of speech is something that was earned through blood, sweat and tears. Don’t forget it!
https://www.youtube.com/watch?v=lEOOZDbMrgE

#219 Holy Crap Wheres The Tylenol on 03.02.15 at 11:28 am

210 Michael Motorcycle on 03.02.15 at 10:06 am

At least in America, you have freedom of speech, which is a good thing. It’s just a question of whether you’re allowed to use it on ‘Fox News’.

Eric Idle
____________________________________________
Actually Canada was a freer country earlier than America as we abolished slavery in 1833. So we have been at it a little longer.
http://www.blackhistorycanada.ca/timeline.php?id=1800

#220 Nagraj on 03.02.15 at 11:42 am

oops
The BoC rate announcement happens this Wednesday (I wrote Thurs)

While I’m here – my favourite blog dog is JIMMY (who hasn’t posted lately. Jimmy sleep? Jimmy holiday?)
my second favourite is, yes, Smoking Man
in third place, Alberta is FINISHED. I do wish he’d graduate to Canada is FINISHED.
in fourth place, Garth Turner

#221 Balmuto on 03.02.15 at 11:53 am

Bloomberg consensus says no rate cut this week. Poloz made his mark last time, he’s going to go with the flow this time. Otherwise he risks damaging his credibility even further. He’ll play it safe.

#222 saskatoon on 03.02.15 at 12:05 pm

freedom of speech exists precisely for views one despises.

if an individual does not believe this…he doesn’t believe in free speech.

period.

#223 kommykim on 03.02.15 at 12:16 pm

RE: #192 rentin on 03.02.15 at 1:11 am
I was looking for something else when I stumbled upon this. Interesting, even when RBC would love to sell you a mortgage:

Yes, but they also want to sell you a mutual fund. Either way you look at it, they want your money.

#224 We are ALL FINISHED...one day on 03.02.15 at 12:20 pm

Choreographed by pink floyd! awesome.

https://www.youtube.com/watch?v=bU1QPtOZQZU

#225 kommykim on 03.02.15 at 12:26 pm

RE: #217 Wildnutter on 03.02.15 at 11:16 am
#204 Alberta is FINISHED on 03.02.15 at 8:50 am
Speaking of what should be muzzled, the resident rabid dog is drooling and foaming at the mouth again.

Oh come on. He’s entertaining. Just like the “Realtors in an all out PANIC!” & “It’s going to be a nasty crash realtors , a nasty crash!” posts were.

#226 Balmuto on 03.02.15 at 12:29 pm

Well, what do you know – teaser rates are here:

https://www.cibc.com/ca/mortgages/fixed-rate-closed-mortg.html?WT.mc_id=Int-MEGA-MTG-Spring-MTG-E-446

#227 Finland is NOT FINISHED on 03.02.15 at 12:41 pm

http://www.theglobeandmail.com/globe-debate/why-finland-doesnt-fear-the-growling-russian-bear-next-door/article23242595/

#228 NEVER GIVE UP on 03.02.15 at 12:57 pm

#203 lala on 03.02.15 at 8:33 am
Loot and leave. No social life one here, big distances, killer winter and ugly women that’s what I don’t like.
————————————————————-
You do have a point even though it was tactlessly conveyed.
Social life…Outside of work where your friends are captive, how many of us I wonder find it easy to actually make new friends say in a coffee shop with someone sitting alone nearby. Our Canadian culture deems it creepy to invite someone to a second meeting after meeting in public.

Big distances…Very true and we envelope ourselves in 2 tons of steel while we steer our couch with wheels as we add another 1500 calories at the drive thru.

Ugly women… well this was poorly done. You could have said “unsexy people watching opportunities.”We are an aging society and for people watching you better stick to Asia whereby the average age is 10 years less than ours.

I might add that Canada is the second most boring Nation on earth after Singapore, but it is a great place to raise kids or retire. Nothing in between that.

#229 TRT on 03.02.15 at 12:58 pm

Delete any post that has the following words:

HAM, China, Asian, Indian, Foreign, immigrants, Immigration, Temporary foreign workers, TFW, IMP, laundering.

In the future, maybe ban the words Harper, CMHC, the big banks, Poloz.

#230 Holy Crap Wheres The Tylenol on 03.02.15 at 12:59 pm

#224 We are ALL FINISHED…one day on 03.02.15 at 12:20 pm

Choreographed by pink floyd! awesome.

https://www.youtube.com/watch?v=bU1QPtOZQZU
____________________________________________

The music was great, so whats your point gloom and doomer? That’s not going to stop the world from keeping on keeping on! What are we going to do sit there? Hell no get a shovel and dig man! When you finally come out after several years you are the king of the world! Or whats left of it.

#231 Bottoms_Up on 03.02.15 at 1:04 pm

Garth you did and are doing the right thing, keep it up.

We live in a ‘free’ society, yet many actions are punishable by law. It is the same with speech, there are limits to what is acceptable in a good and just society. One can also be held criminally responsible for things they say.

In Russia they just shoot you.

#232 bdy sktrn on 03.02.15 at 1:07 pm

4 TurnerNation on 03.02.15 at 11:08 am
Oil has inflected itself today.
It’s going ape sht as expected.
—————————-
back to 49’s shortly.

another inventory build to report tomorrow.
production not slowing yet. i think its still early innings.

fill them tanks , baby!

i shouldnt say this, but, i. cant . resist. ….

“Oil is FINISHED”

for a while more at least.
(alberta will be just fine.)
———————
o/t
the c3000 first flight went ok.
bbd-b may get airborne yet.

and
bbry is stirring.

#233 Herb on 03.02.15 at 1:16 pm

#59 Mark,

your apology worked, but you didn’t quite get the words right. See how it’s done in “A Fish Called Wanda” –

https://www.youtube.com/watch?v=KniUNdVZvH4&index=36&list=PLAM-Kiv_Rv9F-ToznfMqCqUSmVijb-Yb2

#234 Ontario is FINISHED on 03.02.15 at 1:23 pm

http://business.financialpost.com/2015/03/02/dont-bet-the-factory-on-canada-why-the-falling-loonie-wont-spur-a-manufacturing-revival/

#235 Humpty Dumpty on 03.02.15 at 1:24 pm

Proverbs 16;
Better it is to be of an humble spirit with the meek, than to divide the spoil with the proud.

Luckily, the government hasn’t gained complete control over the internet yet, so dozens of truth telling blogs have done a phenomenal job zeroing in on the surge in defaults. The data in the report tells a multitude of tales conflicting with the “official story” sold to the public. The austerity storyline, economic recovery storyline, housing recovery storyline, and strong auto market storyline are all revealed to be fraudulent by the data in the report.

Total household debt grew by $117 billion in the fourth quarter and $306 billion for the all of 2014. Non-housing debt in the 4th quarter of 2008, just as the last subprime debt created financial implosion began, was $2.71 trillion. After six years of supposed consumer austerity, total non-housing debt stands at a record $3.15 trillion. This is after hundreds of billions of the $2.71 trillion were written off and foisted upon the backs of taxpayers, by the Wall Street banks and their puppets at the Federal Reserve

http://www.theburningplatform.com/2015/02/27/breaking-bad-debt-episode-one/

#236 Will on 03.02.15 at 1:48 pm

Regarding the Mark incident, I think you handled it in a way that was just as rash and ill-advised as anything Mark has ever written. Simply deleting the post would have been sufficient – Mark is intelligent enough to have understood the reason for the deletion. Instead, you chose to make an example of him, a poster who makes regular (economic content) contributions to your blog. Sure, many posters disagree with him, myself included at times, but at least he tries to add a coherent point of view to the discourse.

What’s worse, you casually put Mark’s fate in the hands of blog followers who, let’s face it, you regularly lampoon due to their wild, divergent opinions. You set up a trial by mob. Mark’s comment was a low blow, certainly, but what you did by singling him out, setting him up on a platform to be pelted with rotten tomatoes wasn’t exactly “honorable”.

Yet, you seem to have no problem whatsoever with Smoking Man decrying that Mark is a future serial killer. You really need to think about how distasteful and incendiary that comment is, and the double-standards you regularly let pass on your blog.

If you don’t have time to enforce rules of respect and prevent hate and ridicule, across-the-board, then get rid of the comment section. Control it, like you think you do.

Mark can handle it. He’s anonymous. Hey, so are you. — Garth

#237 Panhead on 03.02.15 at 1:52 pm

#199 Lillooet, BC on 03.02.15 at 4:43 am
Thanks for running a tight ship, Garth. Keep up the good work.
——————————————————–

But, but, but, what’s the temperature in Lillywet today?
Beauuuuutiful down here in sunny Tsawwassen today …

#238 Defrauded2 on 03.02.15 at 2:07 pm

Garth, you do an excellent job of moderating comments. Your blogs, although I don’t always see everything the same way as you, are most insightful. Most have learned something of the RE industry, and indirectly something of the man ( you ) and that is a good thing.
Thank you for continuing your efforts to educate the masses ( including me! )

#239 pinstripe on 03.02.15 at 2:14 pm

having the daily coffee at the coffee shop is an expected gathering for the seniors where I live. everyone knows everything and what they don’t know they make up on the spot.

I refer to this blog eto get the facts straight so when I go for coffee I can tell the bser that he is full of sh!t because I read it on garths blog. it does keep the bs-er quiet for a while.

#240 Alberta is FINISHED on 03.02.15 at 2:19 pm

on 03.02.15 at 11:16 am
#204 Alberta is FINISHED on 03.02.15 at 8:50 am

Speaking of what should be muzzled, the resident rabid dog is drooling and foaming at the mouth again.

Alberta is rat free and commie free.

________________________________

Alberta is rat and commie free? Lol you have to love how ignorant and gullible the people of Alberta are when it comes to the CONS. The CONs have robbed Alberta on a level you will never fathom. THE CONs are the biggest socialists but they are socialists for the 1%. Where is all that oil money? Lol Enjoy the depression that’s going to hit Alberta. What a train wreck. Alberta is FINISHED.

#241 Nemesis on 03.02.15 at 3:00 pm

#YouCan’tMuzzleMeMonday,Or… #TheProudHistoricityOfBlairmore,AB… #ProgressivismPerogies&Populism… #ARodentFreePeoplesVanguard….

[HeritageCrownest] – Blairmore

…”Like many Canadian industrial towns in the 1930s, Blairmore had some sympathies with Communism partially as a reaction to low wages and poor working conditions and the mine owners’ resistance to unionization. After a bitter eight-month strike, Blairmore citizens elected Canada’s first Communist mayor, town council, and school board in 1933. This council instituted tax and other reforms, removed several town administrators and the chief of police for corruption, and uncovered financial irregularities during an audit. Council also abolished Remembrance Day as an Imperialist holiday and honoured the Russian Revolution instead, and Main Street was renamed Tim Buck Boulevard after the imprisoned leader of the Communist Party of Canada. Not surprisingly, Blairmore was derisively known as “Little Moscow”. Some of these changes were undone after the next election, although miners with strong union ties served on town council for many years afterwards.”…

http://www.crowsnestheritage.ca/history/blairmore/

#We’reShocked!SimplyShocked!….

“We’re not saying that money laundering is endemic in the property market, but we are saying it looks like there’s a problem here.” – DonaldToon, Director, UK NCA [SOCA, in a previous incarnation]

[BloomBerg] – How Billionaires in London Use Secret Luxury Homes to Hide Assets

…”Buying upscale homes in the U.K. through trust funds and overseas-based companies is popular among the rich as a way to minimize taxes and protect privacy. The practice also makes it difficult for law enforcement and the courts to establish whether their owners bought them legitimately. Hundreds of billions of pounds classified as the proceeds of crime are laundered here every year and London’s surging property market is one of the more attractive ways to do it, according to the U.K. National Crime Agency.”…

http://www.bloomberg.com/news/articles/2015-03-02/kazakh-billionaire-s-london-home-sale-reveals-underside-of-real-estate-secrecy

#Blimey,Guv!,Or… #RealtorsWithCameras… #HilarityEnsues…

[Telegraph] – Could you live here? 21 terrible estate agent photographs

http://www.telegraph.co.uk/news/picturegalleries/howaboutthat/11444039/Could-you-live-here-21-terrible-estate-agent-photographs.html?frame=3216517

#RogerTheShrubber’s… #ColonialQuoteOfTheDay:

“Oh, what sad times are these when passing ruffians can say Ni at will to old ladies. There is a pestilence upon this land, nothing is sacre! Even those who arrange and design shrubberies are under considerable economic stress in this period in history.”

[TimesColonist] – Oak Bay woman fends off attack with gardening tool

…’Oak Bay police responded at about 12:30 p.m. Sunday to a report on Exeter Road, where a 60-year-old woman said she was threatened by a man while pruning the shrubs in her front yard.”…

http://www.timescolonist.com/news/local/oak-bay-woman-fends-off-attack-with-gardening-tool-1.1778526

http://youtu.be/2xvvvJ7hvo8

#242 We are all STAR STUFF on 03.02.15 at 3:06 pm

#224 We are ALL FINISHED…one day on 03.02.15 at 12:20 pm

Choreographed by pink floyd! awesome.

https://www.youtube.com/watch?v=bU1QPtOZQZU
____________________________________________

The music was great, so whats your point gloom and doomer..

______________________________________________
Oh, no fear, no gloom n doom here… it all keeps on keeping on for sure.. just maybe not as humans!

Its those past extinctions that powers ROCKING Alberta.

http://lowres.cartoonstock.com/professions-fuel-gas-cars-petrolhead-trilobites-aevn323_low.jpg

#243 Alberta is AWESOME on 03.02.15 at 3:11 pm

#240 Alberta is FINISHED on 03.02.15 at 2:19 pm
—————————————————–
Do you wear a muzzle when you leave the basement?

Alberta will be fine, we have endless agriculture.

http://lowres.cartoonstock.com/transport-car-fuel-tanker-fuel_tanker-lorry-ptr0043_low.jpg

Alberta is rat free and commie free.

#244 Mike S on 03.02.15 at 3:24 pm

“In Toronto it’s simply the laws of supply and demand, 2000 people a week make the GTA home…”

Price/Rent ratio are out of balance in Toronto

If it was simply a supply/demand thing, rentals would be hard to find.

Right now it seems that more and more condos are completed, while there is already oversupply of rentals …

#245 Blacksheep on 03.02.15 at 3:26 pm

Holy Crap # 216,

“What we in the military learned at a fast pace was as follows.

1 keep your head down.
2 don’t bring attention to yourself.
3 what you see, did or did not happen until the man says it did or did not happen.
4
5 keep your head down.
6 loose lips sink ships.
7 let the newspapers print what they want, we know the truth.
8 the intelligentsia that direct us have agendas that we will never know.
9 if you do understand what the intelligentsia is up to, keep it to yourself.
10 keep your head down.
11 the truth will always come out eventually, when the man decides it’s time.
12 As for all of the conspiracy theorists out there”
———————————————————
No disrespect, but clearly your Military indoctrination took very well for you to be reciting it, long after the needless wars ended.

Building 7 is a great litmus test to asses someone’s level of training. If you believe the official story, I’m sorry to share, that you are blind to the realties of our current situation. That’s ok…not everyone gets to see.

Have a nice day.

#246 LeftyMarc on 03.02.15 at 3:27 pm

Wealthy investor immigrants to Canada are reporting lower incomes to the Canada Revenue Agency than refugee immigrants. – CKNW

Canada for you folks. This is with Conservative government. Wait til Liberal government gets back at the trough.

That made no sense whatsoever. — Garth

#247 Mike S on 03.02.15 at 3:42 pm

“It took about 2 years from the real/statistical peak of the US housing market, and the Realtor-generated numbers to reflect such. So sounds like Canada is pretty much proceeding on a similar schedule.”

Does it really?

Don’t see similar numbers from Vancouver or Toronto RE boards …

It will come, but don’t see it happening just yet …

#248 saskatoon on 03.02.15 at 3:44 pm

#231 Bottoms_Up

ahhhh…that didn’t take long:

you have just proven my point.

you do not believe in free speech.

#249 Holy Crap Where Is The Tylenol on 03.02.15 at 4:00 pm

#203 lala on 03.02.15 at 8:33 am

Dear Mr.Turner I can’t behave, not because I don’t want to but lala is a pirate. He came in Canada 10 years ago broke and know is taking a big chunk of wealth away. As I mention before there are 2 types of emigrants. The ones who settle and the ones who make some
Loot and leave. No social life one here, big distances, killer winter and ugly women that’s what I don’t like.
__________________________________________

You are free to leave any time. As for the Loot and leave. No social life one here, big distances, killer winter and ugly women that’s what I don’t like. That’s Saudi Arabia my man! Just transpose killer winter with summer! Just try living there for a while, loot is great, big distances between sand hills and the next sand hill, social life,ha, ha, ha, ha, ha………….. and ugly women, need I say more.

#250 Victor V on 03.02.15 at 4:13 pm

Why Canada’s manufacturing sector is so depressing

http://www.theglobeandmail.com/report-on-business/top-business-stories/why-canadas-manufacturing-sector-is-so-depressing/article23242422/

#251 Holy Crap Wheres The Tylenol on 03.02.15 at 4:49 pm

As it should be with all of the wacko scum out there nowadays. This is where I agree the press should be controlled. These guys have families that need to be protected back home when they are out there doing their job!

http://www.winnipegfreepress.com/canada/face-shots-and-ids-of-soldiers-headed-for-nato-training-mission-banned-by-dnd-294710631.html

#252 Ivan the Moderate on 03.02.15 at 4:52 pm

Only 20 per cent of Canadians have contributed to RRSPs with Nunavut leading the charge: Turbo Tax

https://ca.finance.yahoo.com/blogs/pay-day-/only-20-per-cent-of-canadians-have-contributed-to-182653210.html

#253 lala on 03.02.15 at 5:04 pm

#203

Ugly women? Are you high?

lala is always high, sober is not a trend any longer.

#254 r1200c on 03.02.15 at 5:10 pm

Post media, ($PNC.A) down $1.15 (58.97%) today.

Ouch.

https://ca.finance.yahoo.com/q?s=PNC-A.TO

#255 Holy Crap Wheres The Tylenol on 03.02.15 at 5:10 pm

#245 Blacksheep on 03.02.15 at 3:26 pm

Holy Crap # 216,

12 As for all of the conspiracy theorists out there”
———————————————————
No disrespect, but clearly your Military indoctrination took very well for you to be reciting it, long after the needless wars ended.

Building 7 is a great litmus test to asses someone’s level of training. If you believe the official story, I’m sorry to share, that you are blind to the realties of our current situation. That’s ok…not everyone gets to see.

Have a nice day.
____________________________________________
The trouble is I did get to see, and this one happened the way it was reported. As for other stories I can’t comment as I wasn’t present at the other area. Being indoctrinated is a nice way of saying brainwashed, but thanks for the subtlety. All wars are needless, it was a different time back in the day, don’t fool yourself just because we were military doesn’t automatically make us naive or injudicious. Our current situation isn’t any different than it was 40 years ago except for the internet and instant communication. Keep in mind that the internet can be used for truth and mistruth.
….Have a nice day to you as well.

Holy Crap Where’s The Tylenol
P. Eng
Ex Capt USAF retired

#256 JimH on 03.02.15 at 5:25 pm

#219 Holy Crap Wheres The Tylenol
“Actually Canada was a freer country earlier than America as we abolished slavery in 1833. So we have been at it a little longer.”
====================================
Actually, “we” did no such thing!
Slavery was abolished throughout the British Empire by an act of the British Parliament. “Canada” as any sort of “free” country didn’t exist in 1833!
1867 saw the conception of Canada; 1931 saw us enter into puberty as a nation;1982 saw us make it to the age of majority.
Canada has had an extremely long infancy and childhood as a country.
We are not now, nor are we ever likely to ever become, a “Nation” in the accepted sense of the word. More correctly, Canada seems doomed to never becaome more than the sum of its squabbling parts! Sad to say…

#257 jess on 03.02.15 at 5:28 pm

http://globalvoicesonline.org/2015/03/01/a-former-state-tv-reporter-shines-a-viral-light-on-chinas-smog/

The nearly two-hour documentary, titled ‘Under the Doom’ went viral shortly after its release on Saturday. By Sunday morning, ‘#Chai Jing’s smog investigation’ was the top trending topic on China’s Twitter equivalent, Sina Weibo, and had already generated more than 30 million views on various Chinese video sharing platforms.

#258 SWL1976 on 03.02.15 at 5:30 pm

#245 Blacksheep

Building 7 is a great litmus test to asses someone’s level of training. If you believe the official story, I’m sorry to share, that you are blind to the realties of our current situation.

————————–

Yuuuuuuuuuup.

The official story has holes big enough to drive a bus through, but that’s taboo to talk about… Change the channel we got bigger problems like ISIS or ISIL or Russian’s shooting down passenger planes… Whoops that one is also taboo

#259 Enthalpy on 03.02.15 at 5:38 pm

Comment sections and social media in general has done nothing but turn everyone into an a*******.
But I still peruse the comments here. Can’t be bothered to get engaged much or learn who is who. I come for the blog posts.

#260 personal to garth on 03.02.15 at 6:08 pm

Garth
love what you do
always been interested
attended a talk years back

Yelling at bozos works until it doesn’t
They are bozo’s for a reason
And will happily continue
The yelling quietens with frustration

One grows an inner depth with time, experience and life’s muggings where one can see the shallows from a deeper perpective

Sometimes one has to abandon the shallows to do what ever is next

let go of land
go deeper
step into the unknown
the long walk in the snow
simply leave
that sort of thing

allow the heart to choose
not the head
not the win

nothing fails like success – Harry Manx lyric

and then what?
scary beyond all contemplation
incomprehensible

you are at the peak of a lifetime’s good hard work
you have effectively won your thesis

or more to the truth
your blog’s thesis

what now?

I have been away for several years having let go
Let go all of it
digital, everything

Aging and a broken 34yr marriage demands that

Upon my return to this blog recently
A subtle change
it is still magnificent
But it is you that is miserable, somehow
The blog is fine
Success

You have lost heart in way
You are Jedi now
Or could be
Not just mentor/warrior

They say that a king of the land is the most afraid
Followers swear allegiance or swear with a pitchfork
You die by their choice
Not yours as their leader
They will “never let you go”
You must do it for yourself

The King is dead
God save the Queen
They never let go

Clint Eastwood was asked about his longevity
He said he always left before asked
Long before it would ever considered he be asked
they always wanted him to stay
They thought he was crazy
But he knew it was time
“his” time

and the unknown agreed

Do not post this missive…
For you it is what’s next?
There is no exit strategy
at least getting out egoically alive

Mark has recently shown you that
Goat herder or Jedi
Being a ram
A stud ram ain’t enough
Somehow it feels meah…

Takes balls
Deep inside you know that they ain’t swinging right
Scarey

Jedi’s know the Force

May the Garth be with you.
Do not let them take it away..

Stephan Vardy

#261 DisgustMadeMePost on 03.02.15 at 6:50 pm

#185 Ralph Cramdown on 03.02.15 at 12:25 am

I really dislike Garth’s argument that if some people are priced out of a primary residence in the lower mainland, that’s a price we’ll have to pay so that others can buy second homes in Arizona and Florida. The law, in its majestic equality, allows the rich as well as the poor to buy foreign vacation property? Nuts!

…….

AGREED! Was thinking the same thing… I appreciate your efforts at putting it into words.

If the translation means local prices remain within reach for Canadians, BRING IT ON!

#262 Arch Douche Ferdinand on 03.02.15 at 7:04 pm

Just a question for anyone with respect to ETFs. I understand the asset class split for the balanced portfolio, but how many ETFs is too many? I have about 30 because it seems as though even if they have a similar description, they often have a different geographical bias. Have I lost all sense of proportion or am I using good common sense?

Thank you.

#263 Alex N Calgary on 03.02.15 at 7:24 pm

Make this a civilized place for conversation. With things picking up on this blog, it makes sense. I’m sure a lot of people are finding this now who were previously unaware of whats happening in the market, and are taking it poorly, the truth that is, writing angry things and blaming everyone else but themselves.

Finished our 4 day, non stop move/clean/unpack into the new Rental house, our 5th in 5 years. Last woman landlord, typical amatuer lazy Albertan investor selling granite countertops (its true, I couldn’t make that up, its too perfect) wont’ return our deposit now, despite being too lazy to fill out a proper damage inspection upon mov-in (she asked us 3 months later to which I refused of course as my furniture is covering lots of existing marks) Classic Albertan landlord rights where she just decides how much money she’ll steal despite the landlord-tenant act clearing saying with no inspection-report she is obligated to return the full amount, we’ll have to pursue her in Tenant court (I swear Garth we had that place cleaned nicer then our move in, 6hrs of cleaning) writing hate filled emails to us, grasping our money.

Reminds me of why people in this province bought, even if they knew it was overpriced (most people I know have zero knowledge of bubbles or whats happening in oil or the connection) at least admit its overpriced. But just to end the landlord-rights centered oppression on their lives. At least the new house seems better, owned by mainland Chinese whos very nice friends are acting as a proxy for them, seem like decent folk.

Its frustrating moving and moving and having our money held hostage by crazy landlord woman (out of work selling Granite since Oct says her linkedIn) I think its a sign of money desperation in the province.

My buddy from Cenovus told me friday night that everyone there thought, it would be layoffs for extra people, redudencies, but in reality its been deep cuts. He said that like 16yr veterans at the company, considered essential and safe, have been cut, lots of crying he said, he expect layoff within the month.

EVEN working at an oil and gas place, people still believe we’re stable at 50$ and it’ll head back up, despite any google search telling that supply far outpaces demand, they don’t want to believe. The group mentality is strong, we’ve had to be strong, relying on our only Calgary friends who are still renting and waiting for support, the cooperative of holdouts.

Keep up the good work! I see election opportunities for those analysts with a long history of Clarity in the looming Canadian financial recession and housing bubble! Remember us little people when you’re back in office!

#264 Jim on 03.02.15 at 8:03 pm

Any freedom has limits when bumping up against someone else’s freedom. We have the freedom to express our views here, and Garth has the freedom to nuke any comments he doesn’t like (since he owns this space). We even have the freedom to get offended when our comment is nuked and to never come back here.

It really isn’t that complicated…

#265 bonnie on 03.03.15 at 1:10 pm

I think this is a great post Garth. If only the mainstream media were so balanced and frank. The only problem I have is that when you make jokes in your blog about promiscuous sex and objectifying women that ‘normalizes the aberrant and everybody’s shell hardens’. I feel like if you had a daughter you would go lighter on those kind of frat-boy jokes. 50% of the worlds population is marginalized in those kind of jokes. That’s a pretty high percentage. I get that that’s the kind of humour that appeals to alpha ex frat boy banker types and that’s why you use it. Its not that I want your blog to have no jokes. Maybe you could throw in some jokes objectifying men to make it more equal opportunity?