Digging it

HORSE modified

Some time ago this blog told you to get ready for a major corporate failure in Canada. We’d be dissecting it now if the Quebec government had not moved in and saved our biggest airplane manufacturer with a billion tax bucks. Already investors in Bombadier have lost 95% of their money. Now it looks like 24,000 workers in Canada could be next. Thanks (in large part) to our new government.

Four years ago Porter, the little airline with big ambitions, ordered a billion dollars’ worth of Bombardier’s next-gen, quiet-fly, C-series jets when it announced expansion plans for its downtown Toronto Island hub. Since then the local lefties have opposed it on the grounds only rich people jet off to Washington on business, and the gulls will get stressed. Millions have been spent on impact studies, which are near completion.

Among the findings so far: this would create 2,000 permanent jobs, half of them at Porter. The expansion would  add $250 million to TO’s economy yearly and lower Canadian airline ticket costs by up to 30%. And, of course, it would keep Bombardier viable in Canada where twenty thousand more people are employed.

And how much was Porter asking government for? Zero.

Anyway, there are two reasons I bring this up. First, the whole plan was squished by the new, enlightened Liberal government on Friday – even without the impact reports being finished. No consulting. No talking. No hugs. So much for a new, open and transparent way of doing things. Hey, did you know the Porter founder and boss is a big lifelong Tory? Who would have thought?

Bombardier stock lost more than 7% of its value after the announcement, so remember what I told you about owning individual equities.

Second, this post is really about the overall economy, your money and your house. Porter, the feds, Bombardier, tons of jobs, leftie politics and world-class aerospace innovation are just the sideshow. We seemed poised to enter a really dumb phase in Canadian history. So prepare.

Everybody agrees we need more jobs. Good ones. Not more baristas. Like at Porter, for pilots and technicians, or at Bombardier, for engineers and skilled trades. If the private sector’s willing to foot the bill, take the risk and create all this economic buzz, even better. But we’ve just elected a government that denied this in a fashion that would have made Stephen Harper proud, and will borrow massive amounts to create temporary positions building things.

This makes Cat drivers and cement guys happy, but it doesn’t build a single new manufacturing facility, add to technological advance or increase our expert capacity. In a way, it’s just an expansion of the condo economy – moving the deck chairs around, using money we don’t have to turn debt into stuff. If Bombardier goes down – as did Blackberry or Nortel – the country becomes more dependent on digging rocks and hauling oil. And look where that’s gotten us lately.

Here’s a chart that compares the performance of the stock market (the S&P 500) and commodities (Bloomberg’s index) over the last five years. Stocks are up more than 70% and commodities are down over 40%. This might as well be called “America vs Canada.”

Stocks modified

Commodity prices are at a 16-year low, and seem poised to fall further. Oil inventories are swelling and after losing two-fifths of its value in the past year, crude is down at the $40 level. That’s taken the Canadian dollar to 75 cents, punished investors in Canadian stocks and shoved our economy into reverse. Meanwhile the US is growing, rapidly reducing its deficit and close to raising interest rates. Manufacturing has rebounded, wages are growing and over three million jobs have been created as the unemployment rate halved. No, America ain’t perfect. But I’d say the graph above outlines the difference between thinking and digging.

So, be careful where you invest. There’s still a whack of downside when it comes to Canadian assets. A diversified portfolio should have twice as many US and international assets as Canadian ones. The Canadian dollar will probably move lower, especially if the Fed raises rates next month and as the price of crude dips. Smart investors will maintain about 20% or so of their holdings in US$. Housing values in Calgary, Saskatoon, Fort Mac, Regina and most of Atlantic Canada are cooked. Expect declines. Now Montreal, too. Meanwhile in Toronto, the GTAland, YVR and the Lower Mainland, housing risk augments. Rates will move up, values will move down. One-asset families are rolling the dice.

Porter, Billy Bishop Airport, Bombardier and the kid PM pose a cautionary tale. If you think the election changed anything, think again. Same old.

374 comments ↓

#1 CanMex on 11.13.15 at 6:40 pm

Feds say any investment in Bombardier will require a sound business case.
Feds say no jets at Billy Bishop Airport (the one in Toronto that is).
Anyone recognize a message here?

#2 Dan on 11.13.15 at 6:41 pm

I live near the Waterfront, and know a few people who live on Queens Quay. One of the things people who live here talk about is how neat it is to see the planes landing from their condos. No one talks about, or cares about how loud they are (not very loud and only every 15 minutes or so). This was brought down by a small and vocal minority who live in the immediate area. The majority don’t mind but don’t care too much either way. It is so sad that a vocal minority acting in the name of the environment can prevent something from even going through the regulatory process. If it is really a bad idea, let it have it’s fair shot and that will be determined. The same thing has happened with Keystone XL and these projects not being given a fair shot is doing real damage to Canada. What companies are going to propose new infrastructure nowadays knowing the misery they’re going to endure. If it’s not LRT, the environmental radicals aren’t going to like it.

#3 Grey Dog on 11.13.15 at 6:45 pm

I have to disagree with you here Garth…
I live in 905, occasionally go to stuff downtown. Attending a James Taylor concert a couple years ago in the Ontario Place venue, have no idea what it’s called now. Planes arriving /departing every 10 minutes or so. If it was SO ANNOYING for a visitor, can you imagine LIVING in this environment?

Attended a conference held in Baltimore this past summer, now THAT’s A HARBOURFRONT, beautiful, fun, happening place…and I said to my husband, what makes this so perfect? NO PLANES TAKING OFF AND LANDING, NO NOISE FROM THEM.

#4 Surferbob on 11.13.15 at 6:56 pm

First to say that this election we voted for legal weed.Thanks for the 7 years of financial advice …renting the dream a full house large corner lot in burnaby for 1750/ mth

#5 JSS on 11.13.15 at 6:57 pm

I’m reading negative interest rates as a possible monetary policy option for Canada?

http://www.huffingtonpost.ca/2015/11/13/boc-looks-to-innovate-as-conventional-monetary-policy-stretched-to-its-limits_n_8553794.html

So, how will this work? Crayons and five-year old talk please.

Will. Not. Happen. — Garth

#6 Michael on 11.13.15 at 6:57 pm

“#117 Frank on 11.12.15 at 9:25 pm

It’s not a ‘cliche’. It’s fact. There are few women programmers because there are fewer women in computer science courses in university because there are fewer women in technical programs in high school. Yet when you talk to children the boys and girls a like show an equal interest in science and technology at a young age. There is no ‘innate’ interest per gender. This is fact.

So either girls aged 7-13 are saying “Actually I change my interests of my own free will and will pursue a line of education that results in fewer jobs, less pay and job stability because that sounds like fun”

or

There are external, subte forces that cause the 50/50 childhood split to migrate to 15/85 by college.”

Oh my goodness, it’s marvellous to finally see someone shining a knowledgeable light on this subject on this here blog. I agree with you 100%, and really wish I myself could have done more to close that split in female representation in the workforce and bring about 50/50 employment in all fields in my company earlier.

You see, back in my day when I ran my own company, I had 7 women working for me doing the accounting, some basic HR, and helping me with all the paperwork. One day, they got upset when they realized the men in the company were all making considerably more than them. So they staged a protest, and threatened to walk off and even sue unless their wages were brought into line.

It was at that point that I opened my eyes and saw the error in my sexist mysoginistic ways. I did the right thing and changed the ways in my company. Not only did I offer the women the same wages as the men, I offered them the exact same jobs. After all, working down in the mine was gender skewed 100% towards men, I knew equal employment would be the right thing to do.

Unfortunately, none of them showed up for work once they’d been promoted. But in the end attempting to bring gender balance saved me a tidy sum as I was forced to outsource all their clerical work overseas in my attempt to implement it.

Keep fighting the good fight Frank, and make sure to not forget about the other near 100% male dominated fields that need a LOT more female representation: mining, military, forestry, construction, sanitation, … there’s so many fields that need more women the be brought in!

#7 Keith in Calgary on 11.13.15 at 6:59 pm

The only problem with the assessment that this hurt Bombardier is the little fact that no one else want their shifty little CRJ’s………….Embraer builds a better jet by far………..and the market knows it.

Don’t throw
the blame at JT’s feet for their arrogance……..althought I will be more than a little pissed if we throw federal money at that albatross.

#8 Downtowner on 11.13.15 at 7:00 pm

C’mon Garth, such predictable right wing backlash against the island airport coming from you? You sound like Hudak.

(I will trust that if you have any interests in this matter from a financial standpoint you would disclose that to your readers)

And then you say, “So much for a new, open and transparent way of doing things.”

Hmmm, am I missing something?

I realize you might still be suffering from PTSD from your time in the Harper Government , where bright independent thinkers like you were not allowed to speak out, but we actually did have an “open and transparent process” before coming to this decision.

It’s called an election.

And it was very clear, since this is my riding, what the Liberals planned to do about the airport.

Like me to go over the results for you?

Big change happened in this election, Garth. New voices, new choices.

Probably a good idea to get used to it. (Or maybe run for next Conservative leader – you’d be a good choice, better than the last one.)

If you could make an argument without being ad hominem you might matter. Alas. — Garth

#9 Herethere on 11.13.15 at 7:00 pm

To be fair, Bombardier’s stock prices performance, have been deteriorating since 1995 to date, even taking in account stock splits. For the conspiracy theories enthusiasts, something is not kosher. Realistically, even if we cement over the lake and take in account Porter’s modest requisition of planes. As far as saving lots of jobs, it will be like putting butter in the snout of a dog; it won’t last long.

#10 Johnny on 11.13.15 at 7:01 pm

But in a free society why should the citizens pay to float a company with poor management practices. no win for anyone but the executives.

24,000 employees. — Garth

#11 BG on 11.13.15 at 7:04 pm

DELETED (anti-immigrant)

#12 Ralph Cramdown on 11.13.15 at 7:04 pm

I think the preemptive move to quash island jet service was crap.

But that wee jet order wouldn’t have made the difference. If the Bomber had come in on time instead of two years late, and if oil was $100 instead of $40, they’d be on top of the world. The airlines’ desire for new fuel efficient planes becomes a lot less acute with $40 oil. I still see MD-80s flying out of Pearson! To counter the threat, one of the two major manufacturers did a wing redesign and the other did a re-engine project. The Bomber was a day late and a dollar short, and cheap oil was the coup de grace.

I had to analyze BBD.B when I took the Canadian Securities course decades ago. And I’ve made money as a shareholder (don’t own any currently). I hope it doesn’t get dismembered and the pieces sold off to foreign interests, but it isn’t looking good.

#13 AB Boxster on 11.13.15 at 7:05 pm

Wow,
Terrible new in Paris today.

Very sad.

#14 kommykim on 11.13.15 at 7:09 pm

Considering that Bombardier shares have lost 56% in the last year, and that the year’s low occured in August under the CONs, you can hardly blame the Justin for Bombardier ‘s problems.
If anything we should be blaming SmokingMan for issuing a buy signal which obviously spooked investors.

#15 Just the Truth on 11.13.15 at 7:13 pm

Shutting down the Porter is insane….what we expect from petulant socialists. Finning also voted with it’s wallet….laying off over 1100 workers in Canada due to lack of CAT and Equip sales.

The company sells the future…and if there is no plans on the table then there is no future for infrastructure spending under Trudy and the Turds. Instead it’s back to the old Liberal ways….where Dion said yesterday that he would not respond to English anymore..only French …and only if the questions are written in French…..says something about the direction of foreign affairs.

So fa its all been smoke and mirrors reflected out the backside of a cute puppy. Not a single substantive positive utterance from Trudy and his Turds on the economy.

Trudy is banking on cute puppy photo-ops of refugees riding Cruise Ships through the Panama Canal enroute to Vancouver after splashing through the Windward Islands of the Caribbean.

The ‘mass migration’ in Europe has proven prophetic and become a nightmare of flames and murder by ‘newcomers’ who have come to dominate…not integrate. Hundreds killed so far in coordinated attacks across Paris.

In the Koran, Muhammad makes demands of ‘the second phase of Jihad’….populate…occupy…attack. Sweden , Denmark, Germany, France, Slovenia, Croatia, Greece and Italy…all in chaos…..rapes, murder and mayhem up thousands of percent.

When will it start here? It…has already begun. Obama organized the race riots in the US to ‘Bring Down America’ in order to seize power……will Trudy and the Turds use the same tactics here…by sewing chaos among us? After all Trudy and the Turds are being led by Obama’s henchmen and Trudy has little intellectual heft.

#16 broader mind on 11.13.15 at 7:17 pm

I suppose you never considered that the founders of Rim and Nortel where lifelong Liberal supporters squashed by the Tory government. What goes around comes around. Lavalin and some others stand to prosper. Best change your bets.

#17 ARP on 11.13.15 at 7:18 pm

#10 Johnny on 11.13.15 at 7:01 pm
But in a free society why should the citizens pay to float a company with poor management practices. no win for anyone but the executives.

24,000 employees. — Garth

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

And the downstream service industries that benefit from those “bread-winner” paycheques.

Dry cleaners.
Restaurants.
Gyms.
Clothing stores.
Etc, etc, etc.

#18 bb on 11.13.15 at 7:18 pm

Yesterday at Highway 7 I saw a Bombardier delivery. A truck carrying a new train coach for TTC subway. Business as usual.

#19 SexyCougar on 11.13.15 at 7:19 pm

But I thought you said there would never be another crash like 2008 in your lifetime?

I did. There will not. — Garth

#20 Luis on 11.13.15 at 7:21 pm

My thoughts go to the people in Paris after yet another terrible terrorist attack.

I am already hearing some rumblings that this may be intended to destabilize things there before the climate conference meets to tighten up things for the oil industry.

This may not be just some stupid militants. Could be big oil, even governments, looking to fight anyone who dares to tackle climate change.

#21 NextYear on 11.13.15 at 7:21 pm

December Rate Hike?? Will 92% Of Economists Be Wrong Again?

http://www.zerohedge.com/news/2015-11-13/will-92-economists-be-wrong-again

#22 JimH on 11.13.15 at 7:24 pm

re: Bombardier
I feel for the 24,000 odd employees still working at Bombardier.

Personally, I do hope the Canadian Government will demand a not only a new business plan, but also a new management team before any bailout is considered.

Bombardier has been one of the poorest-managed corporations on the face of the earth, with the results you see.

This is a very high-risk proposition for the taxpayers of Canada, Garth, and while a bail-out (really life-support at this stage) might save some jobs short term, only full restructuring under new, competent management can save this corporation. The family-managers have been a complete disaster.

#23 Retired WI Boomer on 11.13.15 at 7:24 pm

Take a lesson from your southern neighbor.

Do NOT provide a “bailout” to your local manufacturers. We did it with the US Auto industry. After building just the wrong car, at the wrong time, for the wrong price for nearly 50 years, GM, and Chrysler decide to flop! Ford at least had refinanced its debt prior, and did not need an immediate boost to survive.

Would it have been bloody? Would it have hurt Canada too? Sure, letting GM & Chrysler go belly-up would have netted a ton of suppliers, and maybe Ford as well.

We bailed instead of letting the market do its thing.

Look at the “quality” of these names today.
American Cars = shit box.

That said, I own four of them. All bought used as they lose so dam much value in the first couple of years, only an idiot would buy one new. Yes, I might prefer the Prius to my Fusion Hybrid, but the $$ spoke screaming buy on the Ford.
(It’s a Taco Ford by the way – built in Mexico).

Top Quality never needs a bailout to survive.

I apparently stepped on my handle with my post on women last evening. So, I passed bad gas. Get over it.
Relatively meaningless anyway. So, carry-on.

#24 Solitario on 11.13.15 at 7:27 pm

It seems the kid’s plan to flood Canada with refugees might have suffered a small setback.
He seems stupid enough to be stubborn.
But I hope what’s now happening in Paris is going to make him change his mind.

#25 Colin on 11.13.15 at 7:28 pm

Ten years under a regime that did everything to promote digging ‘stuff’ out of the ground and unsurprisingly we still have a commodity based economy. The focus on digging over thinking was a staple of the (thankfully) past government.

#26 Former Fool on 11.13.15 at 7:29 pm

Garth, good post as usual. But XIU has been down 14% since I bought it! Getting too cheap to resist! I bought some more today with the intention of buying more US/International with the 10k TFSA money in Jan 2016, putting me back into your recommended allocation for the growth portion of one’s portfolio.

#27 Spectacle on 11.13.15 at 7:30 pm

Quoting G Turner above
“…This makes Cat drivers and cement guys happy, but it doesn’t build a single new manufacturing facility, ”
End quote .

Finning rents/sells and maintains Cat equipment. Big layoff again, careers ended. Canada Really could have used that true infrastructure. Methinks Justin Timberlake has more business sense than Justin Trudeau….

Derrick Penner (@derrickpenner) | Twitter
https://twitter.com › derrickpenner
Finning laying off 1,100 workers, closing 11 West Canadian shops in tightening to weather commodity downturn.

#28 common sense on 11.13.15 at 7:32 pm

US Manufacturing is growing?

Any of the 3 million new jobs created doing anything to help the economy?

Rate hike in December likely? Another week or two down before the .25 hike and it’s likely off the table.

Investing even in stock index funds currently worth reward for the downside risk?

????

#29 SWL1976 on 11.13.15 at 7:32 pm

If you think the election changed anything, think again. Same old.

The only ones who think they voted in change are probably the same people who would be offended by the truth.

There’s no sugar coating this reality.

At some point there’s going to be much worse problems than hurt feelings.

#30 saskatoon on 11.13.15 at 7:33 pm

to whomever posted the cultural marxism video yesterday:

well done.

#31 Freddie on 11.13.15 at 7:35 pm

Canada once was a major player in the aerospace industry. It existed largely as a result of government investment decades ago. Corporate welfare yes. However, this industry sold its wares globally – high paying jobs for Canadians. All do this, the Europeans, Koreans, Brazilians and the Americans (through defence spending). We have a choice, invest in an industry that employees thousands or kiss another industry good-bye that will never come back. Mean while we will continue to educate engineers and technicians with no hope of employment. Look forward to a brain drain.

Waling away from the F-35 will be the last nail in this coffin.

Further, I read today that the new government has all but put the death nail into the Northern Gateway pipeline. Despite the current commodity depression, we are a resource rich country. As a result we also have an expertise in resource extraction. Thinking that killing this industry is in the long term best interest of this country is to be believe in unicorns.

#32 Stevestonboy on 11.13.15 at 7:37 pm

Bomber has been on a death spiral for 20 years. No surprise here. 20 years ago it was a $25 stock. Still nOt good to lose all those jobs, but anyone should have been able to see it coming and acted sooner. Poor management to blame.

#33 conan on 11.13.15 at 7:38 pm

What is to stop Porter from flying out of Pearson?
The Harper government was brutal. There is no way that the Trudeau government is going to be nearly as bad.

#34 Leo Trollstoy on 11.13.15 at 7:42 pm

When it comes to business and entrepreneurs, Canada sucks. That’s just reality. Nortel, Bombardier, Bre-X, RIM, Barrick, Goldcorp, etc. All disasters. Forget Canada and their public companies.

#35 pinstripe on 11.13.15 at 7:43 pm

#10 Johnny on 11.13.15 at 7:01 pm
But in a free society why should the citizens pay to float a company with poor management practices. no win for anyone but the executives.

24,000 employees. — Garth

————————————————————-

in the global economy the policy makers of the Corp have no intention protecting the employees.

#36 Jonathan on 11.13.15 at 7:46 pm

Paris under 3 reported attacks tonight, some figures point to 35 dead and 100 held hostage. Borders have been closed.

http://www.cbc.ca/news/world/paris-shooting-attacks-explosion-1.3318444

Makes our issues here seem so petty.

Hope things work out over there…

#37 pathcontrolmonk on 11.13.15 at 7:47 pm

Liberal pieces of shit are ruining this country.

#38 Shawn on 11.13.15 at 7:51 pm

Your finance based posts are great. Please post more revealing charts like this.

#39 45north on 11.13.15 at 7:56 pm

First, the whole plan was squished by the new Liberal government on Friday – even without the impact reports being finished.

Ottawa says ‘no’ to jets at Toronto island airport, dealing blow to Porter’s CSeries plans

http://business.financialpost.com/news/transportation/transport-minister-marc-garneau-rules-out-jets-at-billy-bishop-toronto-city-airport

so from where are jobs going to come?

Marc Garneau, Minister of Transportation , member from Westmount – Ville Marie ( Montreal ) made the announcement. I’m thinking that not too many Bombardier employees live in Westmount but they sure do live around Montreal. We shouldn’t be too easy on him.

#40 Bottoms_Up on 11.13.15 at 7:56 pm

This is the cbc fail i mentioned a couple days ago. A 12 min. must watch for anyone with a dear male in their lives:
http://www.youtube.com/watch?v=5s4sZi8zjzY&w=640&h=390

#41 Joseph R. on 11.13.15 at 7:56 pm

#9 Herethere

Bombardier operates under a duel class share system, like many family-operated businesses. The family retains control by being the only ones that can vote, shareholders do NOT have voting privileges.

#42 MSM-Free Zone on 11.13.15 at 7:58 pm

#7 Keith in Calgary on 11.13.15 at 6:59 pm
The only problem with the assessment that this hurt Bombardier is the little fact that no one else want their shifty little CRJ’s………….Embraer builds a better jet by far………..and the market knows it”
_________________________

Clearly, you’ve never worked on either.

#43 saskatoon on 11.13.15 at 8:01 pm

#10 Johnny

1. how many jobs/innovations COULD have been created if this BILLION dollars wasn’t appropriated by the government in the first place?

2. it is immoral to take this money (from taxpayers, including the poor) by initiating governmental force.

CITING any perceived “general’ benefit as justification for individual theft is not only irrational, but borderline sociopathic.

#44 Herf on 11.13.15 at 8:03 pm

#7 Keith in Calgary

“Don’t throw the blame at JT’s feet for their arrogance……..althought I will be more than a little pissed if we throw federal money at that albatross.”

Too late, already been done in the past. However, you’ll probably really be pissed if/when Bombardier packs up in Quebec and Ontario and moves operations to Belfast and/or Wichita, after taking whatever government handouts come their way. They own Short Brothers and Learjet, so seems like a possibility if things don’t work out in Canada. A few financial incentives from the governments in Kansas and/or N. Ireland and you could probably wave them bye-bye. I believe they once considered building one of their new planes over in N. Ireland. I understand a lot of their managers and technical talent are Brits, so probably wouldn’t take too much convincing for these staff to relocate with the company, back over the pond.

#45 BS on 11.13.15 at 8:04 pm

Paris under 3 reported attacks tonight, some figures point to 35 dead and 100 held hostage. Borders have been closed.

Makes our issues here seem so petty.

Don’t worry, our Boy Wonder PM and his politically correct cabinet are working hard to bring similar problems to Canada. Real Change; Debt, Terrorism and Unemployment.

#46 Basil Fawlty on 11.13.15 at 8:05 pm

How many manufacturing jobs were created in the US, based on the recent jobs report? The number to watch is the labor participation rate, since it reflects the 50M americans who have permanently left the workforce. Full time, good jobs continue to decline, which is not reflected in the glorified 5% unemployment rate.
Not to mention the magical 145,000 jobs created by the birth/death model, which is an exercise in bullshit baffling brains.

#47 Bottoms_Up on 11.13.15 at 8:07 pm

I thought they were shutting down a plane with a jet engine, not banning porter outright. The airport will still function as is with prop engines.

Jet engines can be noisier, and presumably more environmentally disruptive.

#48 Herf on 11.13.15 at 8:11 pm

#16 broader mind

“I suppose you never considered that the founders of Rim and Nortel where lifelong Liberal supporters squashed by the Tory government.”

What did the Tories have to do with the misfortunes of either of these two companies? They both succumbed to internal mismanagement.

#49 Retired WI Boomer on 11.13.15 at 8:12 pm

I tend to get cranky when investment strategies are all running amok. Seems this week has been a mess.

I see the sand mines locally are rather “quiet” now. Sure that is directly tied to oil prices which are slipping to $40 and maybe below for awhile before we are through. The US could stand a gas tax raise it hasn’t one in many a year at the Federal level, and the roads are in need of a capital infusion. While many people have bought more fuel efficient vehicles the downside is less tax revenue to rebuild roads. It HAS to come from somewhere why not those who use the roads? No car, no fuel purchase no direct tax. Your bus fee might go up a bit.

We haven’t raised the beer tax here since 1969. Where else can you get a 30 pack of Genny for under $12?

France goes boom? We shall see where this came from.
One has to wonder WTF?? Hostages, too? we shall soon know who they are, and what they demand.

We can send them a bunch of presidential wannabes.

You guys willing to toss in something?

#50 White Crock BC on 11.13.15 at 8:13 pm

In one day, the Trudeau Government has killed both Bombardier and the Northern Gateway pipeline.

More time to focus on getting the refugees settled I guess.

How can so many governments be SO bad?

#51 David on 11.13.15 at 8:14 pm

No blame for Air Canada?
http://www.thestar.com/business/economy/2015/04/02/air-canada-says-no-jets-at-billy-bishop-airport.html

#52 Rexx Rock on 11.13.15 at 8:15 pm

Yes invest in the USA market,UVXY AND TVIX rocking. Wait for for a pull back.Risky but this market will make a nice profitable correction.I hope there will be another 2008 to make big money!,but they will have qe 4 ,qe 5 and so on.The USA is only 18 trillion in debt so that will paid of even with higher rates.

#53 Ralph Cramdown on 11.13.15 at 8:15 pm

#10 Johnny — “But in a free society why should the citizens pay to float a company with poor management practices. no win for anyone but the executives.”

If it is a high technology company, the benefits can be great. Currently high tech would include aerospace, biotech, infotech, nanotech, semiconductors, telecom, robotics… When these industries are in their infancy, where innovation hubs form is almost a matter of chance. But once they mature, the myriad benefits of having a hub in your country are huge. You get all the head office jobs, the basic R&D, engineering, toolmaking (whatever the industry specific tools are) and become a magnet for the brightest young researchers the world over.

In a mature industry, once a hub dies, it never comes back. If the Bomber goes belly up, the best we can hope for in aerospace is to become a branch plant town making assemblies for some other country’s hub — and bidding against Japan, Korea, China and whatever’s left in Wichita.

This is the stuff that won Paul Krugman his Nobel.

https://en.wikipedia.org/wiki/Paul_Krugman#New_economic_geography

#54 Pierre Minuithomme on 11.13.15 at 8:16 pm

What source do you rely on dor your claim that Montreal is now in decline too?

#55 Patrick on 11.13.15 at 8:16 pm

NIMBY-ism is strong in this country. Oakville doesn’t want gas plants, no airport expansions, no pipelines, no more quarries, I saw a solar farm project get stopped recently. Fine, just keep building houses.

If Bombardier goes I’ll be a little worried about my job. But it’s ok, I have a back-up plan.

I decided to start a tourism company that caters to wealthy chinese. It will basically be like one of those timeshare presentations but 2 weeks long. Bring them to Canada. Show them all the beautiful spots. And then team up with a real estate agent to sell them house as an investment or holiday home.

The whole trip will be free and subsidized by all the $1-million+ house commissions. Anyone want to join me? I need people who know YVR well and speak Mandarin? I got southern Ontario covered.

#56 Smoking Man on 11.13.15 at 8:17 pm

“Allahu Akbar!”

Crazies at it again in Paris…

O well so much for Putin doping Russian athletes story.
Machines timing was bad floating that headline.

Atleased Putin knows how to deal with crazies…

#57 E on 11.13.15 at 8:18 pm

What about lifting sanctions against Iran and giving them planes at discount? So why jobs are not priority then?

http://news.yahoo.com/iran-needs-500-airliners-next-decade-144001000.html

#58 Ontario's Left Coast on 11.13.15 at 8:19 pm

Another day, another drop on the TSX and even worse on the Dow. Here’s hoping for some kind of Santa Rally next month, although the fundamentals would suggest we are undeserving.

I had to laugh at the BOC commentary today saying there will only be a soft landing with Canadian real estate values. Sounds kind of warm and fluffy, doesn’t it? It’s hard to sell carnage to the masses. Happy weekend to all, even Freedom First!

#59 Ontario's Left Coast on 11.13.15 at 8:21 pm

Garth, is today’s photo a reference to the Beatles’ ‘Dig a Pony?’ If it was, you are all kinds of awesome-sauce!

#60 Smoking Man on 11.13.15 at 8:23 pm

#45 Bottoms_Up on 11.13.15 at 8:07 pm
I thought they were shutting down a plane with a jet engine, not banning porter outright. The airport will still function as is with prop engines.

Jet engines can be noisier, and presumably more environmentally disruptive.
……

Hopeless trying to de program you….

Watch this in it’s entirety

https://www.youtube.com/watch?v=gIdBuK7_g3M

#61 patrick on 11.13.15 at 8:25 pm

Justin Trudeau does not hold a candle to Pierre Trudeau we’re doomed

#62 BG on 11.13.15 at 8:26 pm

#11 BG on 11.13.15 at 7:04 pm
DELETED (anti-immigrant)
—————————————————-

A Parisian witness crying:
“They entered the concert room screaming ‘Allah Akbar’ before starting to shoot at the crowd randomly with shotguns. I pulled my mother to the ground while they kept shooting.
Soon someone said they were gone, I grabbed my mother and we had to step over corpses while we could hear the shooting resume at a distance”.

This is what decades of lefty political correctness does.
The deeper your keep you head in the sand, the faster it’s coming.

#63 weed on 11.13.15 at 8:28 pm

But Garth…
Look at the whole picture!
Imagine the tax the government will make
and all the jobs created from the billion dollar industry in marijuana.

#64 Ex-Cowtown on 11.13.15 at 8:29 pm

Trudeau also just outlawed tanker traffic off the Northern BC coast. This effectively kills the Northern Gateway pipeline, screwing Alberta even worse. I see that the sins of the father were not lost upon the son. He learned well.

NEP = NCP (National Climate Plan)

History may not repeat itself, but T1 and T2 show that it rhymes. These guys have nothing on Arnold.

I feel sorry for my myopic and selfish former neighbors who rejoiced at T2’s election. I hope they like the view of their neighbors and friends losing their homes.

Oh well, time to warm up my Geritol and watch Blacklist.

#65 AB Boxster on 11.13.15 at 8:32 pm

So to sum up…

The Canadian resource economy is a basket case.
Housing in Calgary is doomed.
The Canadian economy will continue to take a shit kicking.
The Canadian dollar will dive when the Fed raises rates in Dec.

Our ‘new and improved’ government makes economic decisions based upon ideology and politics.
(Whoda thunk)

And citizens in France have just been massacred, on the same day that our cowardly government has vowed to stop Canadian support for war on the terrorists committing the act.

Gee, I’m not sure how many more ‘sunny days’ I can take.

#66 JetMech on 11.13.15 at 8:35 pm

“…Everybody agrees we need more jobs. Good ones…..Like at Porter, for pilots and technicians, or at Bombardier, for engineers and skilled trades….”
_________________________

This being a non-partisan blog, the Liberals certainly don’t have a monopoly on crushing the aviation industry here in Canada…

Air Canada’s dirty little secret…

Twenty-seven years ago, in 1988, during the sell-off and privatization of Air Canada from a crown corporation to a private company, there were public concerns then about safety and Canadian job losses. In response to those public concerns, then Prime Minister Brian Mulroney and his Conservative government at the time reassured Canadians, with the introduction of the Air Canada Public Participation Act (ACPPA), that Air Canada would continue to be federally legislated to maintain aircraft overhaul facilities in three major Canadian cities.

Sadly, on March 18, 2012, Air Canada successfully emptied out its aircraft overhaul hangars in those three Canadian cities, with the blessing of the Harper government, outsourcing the overhaul of its narrow and wide body aircraft to the U.S. and foreign countries abroad. On that day three years ago, two thousand six hundred former Air Canada aircraft maintainers either lost their jobs or had their lives severely uprooted, suddenly verifying those past public fears of Canadian job losses.

One year later, in 2013, a Quebec Superior Court decision found Montreal-based Air Canada in violation of that Act in keeping its Canadian overhaul hangars empty.

Further, not two weeks ago, on November 4, 2015, the Quebec Court of Appeal once gain upheld its lower court ruling, citing Air Canada continues to flaunt the provisions of the privatisation of the airline. Yet Air Canada’s owned and leased aircraft overhaul hangars in those three Canadian cities continue to remain empty today, with the blessing of the past Harper Conservative government, who ignored its own ACCPA legislation for years, despite a clearly Harpocritical campaign pledge to ‘protect the economy’.

#67 Trojan House on 11.13.15 at 8:36 pm

#10 Johnny on 11.13.15 at 7:01 pm

Hmmm, weren’t the banks, GM & Chrysler all bailed out by taxpayer money?

#68 VB on 11.13.15 at 8:36 pm

neither the Bomber or Blackberry are going down..in fact I would suggest both will be way higher in less than a year. All the negative media is fantastic for buying cheap shares. The C-Series is so quiet its a disgrace its at least not evaluated for the Bishop airport. We need more than oil and we need to support ( not bail out though) our technology leaders of which both Blackberry and Bombardier are.

#69 SWL1976 on 11.13.15 at 8:36 pm

#47 Bottoms_Up

I thought they were shutting down a plane with a jet engine, not banning porter outright. The airport will still function as is with prop engines.

Jet engines can be noisier, and presumably more environmentally disruptive.

————————————-

Ever heard of a turbo prop?

Virtually every modern commercial prop plane is driven by a gas turbine

AKA a jet engine

Don’t drink the kool aid

#70 Smartalox on 11.13.15 at 8:38 pm

Porter was a nice little disruptor at one point, exploiting an under-used airport and a market eager to avoid the schlep out to Malton, made for a remarkably profitable model – but trying to turn the Toronto Island airport into a mini, single-carrier version of Pearson, is like Icarus with waxed wings, flying too close to the Sun.

If Porter really wants to expand its service, it’ll have to leave the sandbox on the island and compete with the big boys out at Pearson.

Can they win with their service levels and sexy new jets? Maybe. But eking out a profit by making someone else’s life ‘just a bit’ more miserable seems to me to be like making yourself feel better by bringing someone else down.

#71 Some Other Mark on 11.13.15 at 8:38 pm

I would point out that the TTC, Toronto’s transit commission, is thinking hard about suing Bombardier for exceedingly late delivery of streetcars, delayed by poor workmanship. The federal decision not to allow jets at Billy Bishop airport might be the last nail in the coffin for Bombardier, but they’re responsible for the rest of the nails themselves.

#72 Joseph R. on 11.13.15 at 8:39 pm

#62 BG on 11.13.15 at 8:26 pm

What a vile comment!

Of course, “leftists” are the one that claims to have God on their side.

Sheesh!

#73 Herethere on 11.13.15 at 8:39 pm

Re #41 Joseph R.
Exactly, that is correct, they operate or have “dual” class shares and usually owners (family) of class A shares don’t necessarily worry to be out-voted, unless, depending of company bylaws, that by missing a number of dividends to be paid. The “B shares” became voting shares, too. Then again, it could be the classic case of a family first generation create a business. The second generation expand it. And the third generation, usually run it to the ground and sell it for pennies on the dollar. Saddly, employees, at the end, might get the classic “Italian salute.”

#74 bonnie on 11.13.15 at 8:42 pm

So Garth why does racism violate your moral code but misogyny doesn’t? Isn’t that just racism against 50%of the population? Plus you are not supposed to pick on people smaller and weaker.

Sorry, misogyny was yesterday. The blog is now cleansed. — Garth

#75 ROCK BEATS PAPER on 11.13.15 at 8:44 pm

Garth,

Definitely one of your better posts.

I would be in support of the airport expansion and Bombardier contingent on the contract for the planes, plus the Beaudoin family gives up dual share structure.

I believe assets at 16 year lows are probably good bargains if world wide GDP is in fact growing. Are you guilty of recency bias to suggest there is only further downside for Canadian assets.

It seems to me that the crowded trade is the one that is getting unwound. That is everything to do with yield, including pipes, rails, REITs, Prefs, Corp bonds, Cdn Banks, utilities and soon telecom…

BTW, Russel 2000 is where it was 18 months ago.

#76 TurnerNation on 11.13.15 at 8:48 pm

Goodbye Kanada, hope we can retain our 2nd World Status?

….
(Paris…isn’t the the place of “Climate change” talks?
Shock capitalism. The Doctrine. How dare they. :-(
)

Crude oil tanker ban for BC’s North Coast ordered by Trudeau
CBC.ca – 4 hours ago
Prime Minister Justin Trudeau has called for a moratorium on crude oil tanker traffic for B.C.’s North Coast. Trudeau outlined the directive in a mandate letter to Canada’s transport minister, Marc Garneau, on Friday.

….

Cap and trade system to put a price on carbon, reduce emissions: province
CTV News – 2 hours ago
TORONTO — Ontario is preparing to introduce a cap-and-trade system in 2017 to put a price on carbon emissions and reduce greenhouse gases, and it will mean extra costs for businesses and individuals.
Ontario outlines options for cap-and-trade scheme to reduce emissions Toronto Sta

#77 Daisy Mae on 11.13.15 at 8:50 pm

#7: “Don’t throw the blame at JT’s feet for their arrogance….”

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

I wonder, also, why this is ‘in large part’ the Liberals fault? Trudeau has been at the helm for what — two weeks?

#78 Sheane Wallace on 11.13.15 at 8:51 pm

#56 Smoking Man on 11.13.15 at 8:17 pm

Over 140 dead so far.

If the people were carrying personal guns, the tragedy would have never happened, the terrorists would have been shot down immediately.

Few more accidents like this in addition to the wide spread rapes of women in Europe and I can see the new Nazis rising. If I am migrant in Europe I would be moving out as fast as I can, so sad for the victims and the refugees.

#79 nonplused on 11.13.15 at 8:54 pm

In theory the weak Canadian dollar should make Bombardier more competitive internationally. So much for that crappy theory.

Unfortunately, if a low Canadian dollar can’t help Bombardier, what of the so called “knowledge based economy” Notley and the dreamy boy would have us believe in? If we can’t build planes people want to buy even though we have the design and the factory and a 25% off sale going on, what is it these clowns think we’re going to sell????

And it makes perfect sense to me. Why have a private solution that creates permanent jobs and at least temporarily might keep Bombardier afloat when you can kill the jobs and have the government spend a billion dollars trying to save the Bombardier bond-holders instead? What a bunch of morons! But people remember you elected them. In a democracy, eventually people get the government they deserve.

Ever since the Avro Arrow a succession of stupid governments has killed innovation and technology in Canada and forced many of our brightest minds south. I don’t know if it would have worked out, but had the Avro program been successful not only would it still be one of the fastest interceptors around (although it would have been replaced by now), but we might not have needed to by F18’s and we certainly wouldn’t be considering spending billions on junk F35’s. But they scrapped the program and NASA ended up with most of the engineers.

And Avro was only the beginning. In recent years Nortel, Blackberry, and now Bombardier. Canada has no policy to prevent the brain drain and no way to implement this so called “knowledge based economy” successfully. Our best and brightest always move south and the government does everything they can to make sure they have no choice including now raising taxes on them.

I mean let’s look at another example. How can Alberta have a policy against the oil sands???? It’s not as dirty as people say, certainly cleaner than coal, and certainly not a threat to life on the planet like nuclear. And Alberta has a once thriving knowledge based economy but most of those firms got their start selling to the O&G industry before moving internationally with the acquired knowledge. Maybe they can continue to do so, but their home base is being devastated.

My theory on why the US government is “delaying” the Keystone pipeline is strategic. They will approve it eventually but the idea is to use up all the foreign oil they can first and save the oil sands for later when the middle east runs low. The shale oil thing was never profitable but it’s done a great job of kicking the price down for now. So you loose a few billion to save many billions. Very strategic.

#80 crowdedelevatorfartz on 11.13.15 at 8:56 pm

it warms my heart to know im not the only social basket case to spend Friday evenng on Garths Blog…….
:)

#81 Cici on 11.13.15 at 8:57 pm

The expansion would add $250 million to TO’s economy yearly and lower Canadian airline ticket costs by up to 30%.

Ta da, maybe its more about the 30% reduction in ticket revenue for Air Canada than about local lefties being able to sway federal opinion!

After all, such a huge drop in revenue would probably inspire our largest airline to slash jobs, in turn offsetting the potential gain of 2,000 Porter employees. Oh, and then Air Canada would go beg the government for a bail-out, as has happened repeatedly in the past.

Besides, one little order from Porter is not enough to secure Bombardier in the long term. Imagine if Porter made the purchase, Air Canada slashed, and then Bombardier crashed and burned? That would equate to a lot of unemployed Canadians, and a lot of expensive jets no longer under warranty/service guarantee for Porter, who would then have to slash too.

I doubt the decision had anything to do with the owner being Tory…but if so, that would indeed be stupid. And while I doubt Justin’s a genius, I can’t believe he’d be on a mission to destroy all Tory-run businesses in Canada…I mean seriously, that would put his government and tax revenue in the crapper really fast now wouldn’t it?

#82 Daisy Mae on 11.13.15 at 8:59 pm

#10: “But in a free society why should the citizens pay to float a company with poor management practices. no win for anyone but the executives.

24,000 employees. — Garth”

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

Doesn’t this boil down to Bombardiers poor management? In spite of the shitty financial environment we find ourselves it, companies are SUPPOSED to anticipate…..and prepare for downturns. We taxpayers aren’t responsible for their performance…it shouldn’t be up to the beleaguered taxpayer to bail any company out.

Companies whose orders are quashed by government policy are not entirely to blame for the outcome. — Garth

#83 Adam on 11.13.15 at 8:59 pm

Arguably borderline before the election, completely outright partisan now. Much better when this was a financial blog.

Actually the topics today are the economy and the investment environment. Neither are detached from public policy. Deal with it. — Garth

#84 Tom jones on 11.13.15 at 9:04 pm

Your faith in the US amazes me….does no one see it??? The cheap money train has ended and the US dollar bubble is already deflating. Consumers are tapped out and that country doesn’t make anything anymore
It’s a Chinese world out there, and we just live in it

#85 AB Boxster on 11.13.15 at 9:05 pm

#26 Former Fool
————————–

XUI has not seen a bottom yet.

Canadian index will continue to fall each week up until the Fed rate rise in Dec and then it will dive.
This Dec. rate rise is not priced in as yet.

The world and business is now nervous after Paris.
Markets have more to be nervous about, as if they needed it.

The Canadian resource economy is in the tank for at least the next year, and likely more.

Liberals have no interest in meaningless bothers such as oil pipelines and industry and jobs.
Their focus will be carbon pricing, environmental reviews, Native inquiries, and taxes.

XSP has far less volatility, IMHO.

#86 Sheane Wallace on 11.13.15 at 9:06 pm

#76 TurnerNation

As I said, prepare for 300-400 $ per month in ‘green gas’ taxes for that glass condo and wooden particles home.

Minimum.

#87 Daisy Mae on 11.13.15 at 9:08 pm

#14: “If anything we should be blaming SmokingMan for issuing a buy signal which obviously spooked investors.”

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

YEAH! Let’s ALL blame Smoking Man! LOL Sounds good to me! ;-)

#88 Daisy Mae on 11.13.15 at 9:13 pm

“Companies whose orders are quashed by government policy are not entirely to blame for the outcome. — Garth”

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

I’m trying to keep up…but the Liberals have been in power for two weeks. WHATY

#89 Daisy Mae on 11.13.15 at 9:14 pm

Dammit! WHAT government policy are you referring to?

#90 salonist on 11.13.15 at 9:17 pm

“So, be careful where you invest” and when you invest

#91 paul on 11.13.15 at 9:20 pm

#77 Daisy Mae on 11.13.15 at 8:50 pm

#7: “Don’t throw the blame at JT’s feet for their arrogance….”

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

I wonder, also, why this is ‘in large part’ the Liberals fault? Trudeau has been at the helm for what — two weeks?
———————————————————-
Yep 14 days, Killed the pipe line, Punted Bombardier and Porter Air line,Fast tracking 25,000 UN-vetted Syrians , Let’s see what he can do in the next 1446 days of his man/boy date!

#92 Smoking Man on 11.13.15 at 9:21 pm

#87 Daisy Mae on 11.13.15 at 9:08 pm
#14: “If anything we should be blaming SmokingMan for issuing a buy signal which obviously spooked investors.”

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

YEAH! Let’s ALL blame Smoking Man! LOL Sounds good to me! ;-)
…….

I took a nice hit on that one, just like yellow pages..
But really a couple of dogs out of hundreds of hit out of the park calls and bets ain’t bad don’t you think.

All in the archives of greater fool.

Plus..

Being a space ship pilot, I have a weakness for aviation..

#93 Rational Optimist on 11.13.15 at 9:23 pm

Paris is the capital of the Liberal World- the part of the world where individuals are believed to have the right to liberty, equality, and property; and where absolute monarchy was initially rejected, to the benefit of all of us since.

It’s only been ten months since nutcases from the non-liberal part of the world murdered people in Paris for drawing cartoons, or for being members of a religion they don’t like. Now this.

#94 eddy on 11.13.15 at 9:25 pm

coulda been nice, like Nice, thanks Jr.

http://cdn.airplane-pictures.net/images/uploaded-images/2012/2/17/187396.jpg

#95 Bby604 on 11.13.15 at 9:27 pm

Will somebody put bombardier out of its misery already ?
It’s just a government funded welfare program , get rid of the company and cut the employees a bi weekly cheque it’s what we’re doing already…

#96 Smoking Man on 11.13.15 at 9:27 pm

#87 Daisy Mae on 11.13.15 at 9:08 pm
#14: “If anything we should be blaming SmokingMan for issuing a buy signal which obviously spooked investors.”

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

YEAH! Let’s ALL blame Smoking Man! LOL Sounds good to me! ;-)
…..

I’m a good dude..back in late June, the UCC spoke to me…

I gave everyone of you a chance to make an easy million bucks.

Put 50k in a forex trading account… buy 100 contracts.
Would only cost 25k of real money…

You all would have, let my check my p &l one sec…..
……..

1,357,765.87

#97 CREIT on 11.13.15 at 9:27 pm

Your’re blaming, in part, the liberals for Bombarider’s failure?…

Haven’t failed yet, but the kid ain’t helping. — Garth

#98 Babblemaster on 11.13.15 at 9:29 pm

Freakin’ gulls are equivalent to flying rats. I hate them. They’re an invasive species. They don’t belong in Toronto. They are by nature a sea bird. The only reason they’re here so far inland is because they hitched rides on ships plying the St. Laurence Seaway. They didn’t exist in Toronto before the 1950’s. I say the sooner we kill them off the better.

#99 Bby604 on 11.13.15 at 9:29 pm

Companies whose orders are quashed by government policy are not entirely to blame for the outcome. — Garth

Are you serious? This coming from a guy who opposes minimum wage hikes , it not poor people’s fault groceries go up monthly either but it’s a tough world out there , end corporate welfare

#100 Sean on 11.13.15 at 9:29 pm

The most despicable part about Justin… is that he’s a Liberal. And that’s not even a joke! He seems like a nice kid. But it is 100% clear that he represents, and is beholden to, that enormous self-serving machine of Liberal pork. I often find myself torn b/n fairly liberal social views, and a staunchly conservative economic perspective… but when it comes down to it, all government really amounts to, is which set of misguided policies and boondoggles do you happen to “support”… and it just so happens that the monstrous Liberal machine of corporate corruption and bureaucratic bloat is the greater of many evils. JMHO.

#101 Smoking Man on 11.13.15 at 9:35 pm

#78 Sheane Wallace on 11.13.15 at 8:51 pm
#56 Smoking Man on 11.13.15 at 8:17 pm

Over 140 dead so far.

If the people were carrying personal guns, the tragedy would have never happened, the terrorists would have been shot down immediately.

Few more accidents like this in addition to the wide spread rapes of women in Europe and I can see the new Nazis rising. If I am migrant in Europe I would be moving out as fast as I can, so sad for the victims and the refugees.
……

We should all have revolvers..

But goes dead against cultural marxisim…. the long road..

You see it unfolding before your eyes. And those that worship it today, will witness their children as trapped slaves in the future with no escape from tyranny.

Ill be long gone by then, somewhere warm I’m thinking…

#102 Sean on 11.13.15 at 9:36 pm

#5 JSS on 11.13.15 at 6:57 pm

———–

First off, Garth’s “Will. Not. Happen.” is unfortunately incorrect. The government will pursue a failed policy well beyond it’s logical conclusion.. count on it.

More importantly, never, ever read HuffPost… it is vile communist rag that will rot your brain.

#103 Babblemaster on 11.13.15 at 9:38 pm

I remember one spring day, years ago, being mesmerized by a fledgling little sparrow. It was in downtown Toronto and it had become exhausted and confused trying to fly around a storefront window. It would fly up and down and side-to-side to no avail. As I was pondering how to help it, along came a sea gull. It walked over to the little chick and scooped it up and down it’s gullet. I really hate sea gulls.

#104 Tim on 11.13.15 at 9:42 pm

How much does the Brazilian govt give to Embrauer? What about Airbus?

#105 For those about to flop... on 11.13.15 at 9:43 pm

DELETED

#106 Tim on 11.13.15 at 9:43 pm

What about the billions in oil and gas subsidies and tax breaks we give big oil? Price drops and they layoff and move out of Canad

#107 BG on 11.13.15 at 9:46 pm

#72 Joseph R. on 11.13.15 at 8:39 pm
#62 BG on 11.13.15 at 8:26 pm

What a vile comment!

Of course, “leftists” are the one that claims to have God on their side.

Sheesh!
————————————————————-

Fair enough I should have said that particular French left wing.
And I should know, since I spent the 25 first years of my life in Paris’ suburbs.

#108 nonplused on 11.13.15 at 9:46 pm

#74 bonnie

Misogyny is nature’s natural reaction to hypergomy. If you can get ladies to stop doing that misogyny might go away but until then it forces men to compete to the death. Unfortunately it is a natural instinct for females of all species.

#109 Ron on 11.13.15 at 9:49 pm

The kid PM is killing jobs faster than anyone could have imagined. Now you have a pipeline going to a coast where tankers can’t go. Maybe they will paint the pipeline liberal red and fill it with some water and use it as a giant waterslide…..

http://www.cbc.ca/news/canada/british-columbia/crude-oil-tanker-traffic-moratorium-bc-north-coast-1.3318086

#110 Smoking Man on 11.13.15 at 9:49 pm

Dogs, it’s not to late to cash in on long USDCAD

Lets see, Tinkerbell is banning tankers, crocodile tears for key stone, carbon tax, pension getting jaked, anti business, bigger govt…

The Teacher should know the meaning of consequences…

Its called a 50 cent dollar…..only way any international business will stick around for all the abuse that’s about to be unleashed on them.

#111 genbizx on 11.13.15 at 9:52 pm

It’s time for change…yep.

I guess we should expect as much from a government headed by a trust fund baby who wouldn’t be there if not for daddy’s name. Easy for him to dismiss this as an insignificant financial loss and a win for the environment.
Not to worry. He’s gonna wave his magic money wand and fix it all with a smile and a wink…just you wait and see…..
Doesn’t sound kinder or gentler, does it?

#112 For those about to flop... on 11.13.15 at 9:52 pm

Freedom First ,thanks for the personal attacks yesterday.
Keep up the good work ,love it.

#113 For those about to flop... on 11.13.15 at 9:58 pm

#105 For those about to flop… on 11.13.15 at 9:43 pm
DELETED
/////////////////////////////////////
Wow I can’t write that?
Ah well at least I know now.

#114 Smoking Man on 11.13.15 at 9:58 pm

Damn it, amped..almost forgot .

Meat Loaf concert tomorrow, woo hoooo

Front row seats, in Salamenca NY

https://youtu.be/3QGMCSCFoKA

#115 Mark on 11.13.15 at 10:02 pm

A few comments. First, the decision not to allow the expansion of YTZ had nothing to do whatsoever with Bombardier, or Canada’s support for its industrial base. It was a rational decision rooted in both economics and logic not to allow the expansion of an airport at the waterfront which largely was only used by a relatively small group of pretentious bankers who didn’t want to make the trip up to Pearson and stand in line. Not only would the shoreline have been impacted significantly, but the business built up at Pearson would have been negatively impacted.

Porter thought they could get away with essentially blackmailing the government into supporting the Island by tying themselves to Bombardier. The government said no, they will not be held hostage by Porter to implement something that most people do not want.

As for the C-Series, excellent airplane, and it will sell regardless of whether the Porter frames are delivered or not. Porter can still operate them out of Pearson or even negotiate to run them out of Downsview if they want. The key for the C-Series right now is getting it into service and gaining some maturity.

As for the underperformance of the Canadian stock market, this is largely on account of so much speculative enthusiasm being vested with the housing market rather than the stock market. The earnings of Canadian firms are standing up relatively fine, and an investment in the TSX index represents a heck of a lot more value, especially at the cyclical lows, than an investment in the US indices much closer to their cyclical highs and highly vulnerable to rising interest rates on account of a high dependence on ‘financialism’ state-side. Downside in the TSX is relatively limited compared to downside in indices like the Dow and the S&P500. And especially limited compared to that of the Nasdaq. The US economy is probably not growing at this point, employment quality continues to deteriorate, and those who believe the ‘US is growing’ nonsense probably will suffer significant losses on their investments in the future.

“What about the billions in oil and gas subsidies and tax breaks we give big oil?”

Care to name any? Because every time I look, there’s a tax collector of some sort trying to extract every pound of flesh possible from oil and gas companies, their employees, their shareholders, and their suppliers. If anything, the oil and gas industry is a huge subsidizer of government, not the other way around.

“but the kid ain’t helping.” — Garth

Oh please.. I don’t even know where to begin in explaining how silly such a statement is. There was little prospect of the YTZ expansion ever occurring. Trudeau just had enough courage to kill the plan instead of dragging it through more torturous studies. Same with Northern Gateway, an abortion of a pipeline plan if there ever was one which had no realistic chance, even under the Tories, of being approved (the conditions set forth by the Tory NEB were basically impossible to meet).

YTZ is the ninth busiest airport in Canada and this year will handle 2.5 million passengers. ‘A small group of pretentious bankers’? What foolish words. — Garth

#116 Ret on 11.13.15 at 10:04 pm

The market open on Monday will be very interesting. I’ll be checking the USD rate at TD tomorrow.

#117 Patrick on 11.13.15 at 10:10 pm

#79 nonplused on 11.13.15 at 8:54 pm
In theory the weak Canadian dollar should make Bombardier more competitive internationally. So much for that crappy theory.
_________________________________________

Ontario plant closings since 2014, with a CAD below USD:

2014, Caterpillar closed its Toronto tunnel-boring division, formerly Lovat. Eliminating 330 jobs. Company wasn’t relocated, just closed its doors.

Heinz closed it’s Leamington ketchup factory in 2014. 740 jobs. Huge blow to local tomato growers.

Kelloggs closed its London, On., cereal plant. 550 jobs.

October 2015, Caterpillar closed its Electro-Motive Diesel rail locomotive division. 50 jobs lost.

Bombardier could be next. These jobs losses have all been in the last 2 years. Alberta lost 60,000+ jobs this year. Plus Bank and Telecom layoffs.

I can’t support any politician who talks about ‘new economies’, ‘new jobs’, ‘green economy’ or any other buzzwords. This is all speculation. They don’t know what these jobs are, how much they pay and where they will be located.

#118 common sense on 11.13.15 at 10:14 pm

#96 Smoking Man

Too late for USD – CDN Forex from here in?

How about USD – EUR?

I know enough to keep my mouth shut and listen (read)

#119 Ralph Cramdown on 11.13.15 at 10:15 pm

#84 Tom jones — “Your faith in the US amazes me….does no one see it??? The cheap money train has ended and the US dollar bubble is already deflating. Consumers are tapped out and that country doesn’t make anything anymore”

$1.6T in exports last year when 147 million people were employed, so exported almost $11k per worker — this in a nation that consumes most of its own output and isn’t among the great (% GDP) trading nations. I think the USA still makes things.

#120 Rational Optimist on 11.13.15 at 10:17 pm

78 Sheane Wallace on 11.13.15 at 8:51 pm

“Over 140 dead so far.

If the people were carrying personal guns, the tragedy would have never happened, the terrorists would have been shot down immediately.”

I had a similar thought. I’m typically a proponent of gun control, but I don’t suppose anyone would think to try a similar stunt at a club in Dallas.

#121 genbizx on 11.13.15 at 10:20 pm

re: paris terrorism

France has serious issues around immigrant relations but it’s more common in Europe than anyone wants to admit.

Spent some time in Sweden a few years back. Saw several schools burned to the ground. Asked around and found out that it had been happening around Sweden at the hands of immigrant youth (documented) Also heard that immigrant groups with certain ideologies had taken over whole areas of Malmo such that police would not dare enter. Many further complained that rapes had risen dramatically. The Swedish government actively tries to keep it all quiet lest the rep. of the Socialist paradise be tarnished but trouble is brewing. Interesting that they didn’t even sing the national anthem at sports events and having a Swedish flag flying was frowned upon. This is not a rant against immigration, merely saying that political correctness has hindered attempts to deal with REAL issues, lest one be labelled racist. And if it happens to be a particular group with certain leanings, it’s even harder to address…

#122 Nemesis on 11.13.15 at 10:23 pm

#FortuneTellingForBeginners,Or… #Consequences… #&Repercussions…

[IHSJanes] – France to deploy Charles de Gaulle again for anti-IS strikes

http://www.janes.com/article/55939/france-to-deploy-charles-de-gaulle-again-for-anti-is-strikes

https://youtu.be/Mu7dI6PRPq0?t=2m18s

[Politico] – Marine Le Pen takes sharp left turn: In France’s depressed north, the far right makes inroads with the old Socialist, working-class electorate.

http://www.politico.eu/article/marine-le-pen-goes-left-socialist-sarkozy-communist/

#123 Washed Up Lawyer on 11.13.15 at 10:23 pm

#79 nonplused on 11.13.15 at 8:54 pm

My theory on why the US government is “delaying” the Keystone pipeline is strategic.
….Very strategic.
************************

You have stated my opinion better than I could have. The oil sands are the ultimate US strategic reserve. One day’s drive north of Great Falls, Montana.

Also and obviously, PM Trudeau’s move to ban tanker traffic on the North Coast of BC is being labeled as a decision that has killed the Northern Gateway pipeline.

That pipeline was dead the day the NEB paid the bill of the printer of the decision.

209 conditions!!! Not 20 and not 40. Also, not conditions like add an emergency shutdown valve here, here and here or increase inspection frequency. It was more like, rewrite the entire history of the evolution of all cetacean species, etc.

When a regulatory decision has to be overloaded with conditions to pound a square peg into a round whole, the application was probably deficient and should have been denied. There is another possible explanation and that is the decision maker did not believe that the application was worthwhile but thought it would be palatable if a myriad of conditions was applied.

It was conditioned to death. Trudeau did not kill it but he does, with this decision, satisfy a voting bloc in BC. The pipeline was not coming off the drawing board.

#124 Smoking Man on 11.13.15 at 10:23 pm

#115 Mark on 11.13.15 at 10:02 pm

Its obvious in your last post, you have never owned a business.

No idea the responsibility it comes with, feed employees first, then the tax man..and if you had a good month.. you can eat Kraft dinner

But no one ever sees that..you only get noticed after years of 20 hour days, 7 days a week, and you catch a bit of luck

Then you have tools like Adam Vaughn shooting at you.

Little daddy’s boy who s never achived anything of real value..

#125 Michael on 11.13.15 at 10:28 pm

Sorry Garth, this was about not destroying Toronto waterfront and inner harbour with runway extensions to allow the jets. We have a new gold-plated rail service to Pearson there is no need whatever to up the downtown core with a bigger airport. If Bombardier can’t hack it tough luck thats the Conservative way isn’t it? Sink or swim.

#126 Panhead on 11.13.15 at 10:28 pm

#98 Babblemaster on 11.13.15 at 9:29 pm
Freakin’ gulls are equivalent to flying rats. I hate them. They’re an invasive species. They don’t belong in Toronto. They are by nature a sea bird. The only reason they’re here so far inland is because they hitched rides on ships plying the St. Laurence Seaway. They didn’t exist in Toronto before the 1950’s. I say the sooner we kill them off the better.

———————————————————–
When you’ve finished with the shit hawks out east come west to 604land and do a similar number on our crows. They have pretty well decimated all the songbirds out here. They are now ripping up the lawns for the chafer beetle larvae. Some poor sucker pay’s over a million bucks in East Van for a tear down and he/she can’t even have a lawn anymore. In the good old day’s they had crow shoots out here and a prize for the fellow that got the most …

#127 Michael on 11.13.15 at 10:33 pm

PS: Bombardier can’t even deliver streetcars on time what makes anyone think they can deliver fancy new jet aircraft?

#128 broader mind on 11.13.15 at 10:37 pm

To #48 Herf, of course your correct. The whole point is that my comments are as range bound as the suppositions put forth by Garth this evening.

#129 OXI in GREECE !! on 11.13.15 at 10:40 pm

DELETED

#130 Smoking Man on 11.13.15 at 10:45 pm

#118 common sense on 11.13.15 at 10:14 pm
#96 Smoking Man

Too late for USD – CDN Forex from here in?

How about USD – EUR?

I know enough to keep my mouth shut and listen (read)
..

Don’t know shit about EUR.

I only trade what I know.

I know with all the collectavist. Tree huggerS, obedience certificate owners, who actualy think it equates education.

They are in power at the federal level, province, and city..

Means one thing…disaster..especially on our currency..

Big land mass, China makes more baby’s in one year than Canada had in terms of head count..

LONG USDCAD FULL MARGIN…

ENJOY….

#131 Rosie on 11.13.15 at 10:45 pm

Liberté, égalité, fraternité.
Bon courage au peuple français!
My prayers are with you

#132 AB Boxster on 11.13.15 at 10:52 pm

#115 Mark
‘Downside in the TSX is relatively limited compared to downside in indices like the Dow and the S&P500’
————————————–
Disagree.
TSX has good way to fall. S&P will rise steadily despite the Fed.

Lets see on Dec 16 , 2015 after fed decision.

#133 IHCTD9 on 11.13.15 at 10:54 pm

#62 BG on 11.13.15 at 8:26 pm
#11 BG on 11.13.15 at 7:04 pm
DELETED (anti-immigrant)
—————————————————-

A Parisian witness crying:
“They entered the concert room screaming ‘Allah Akbar’ before starting to shoot at the crowd randomly with shotguns. I pulled my mother to the ground while they kept shooting.
Soon someone said they were gone, I grabbed my mother and we had to step over corpses while we could hear the shooting resume at a distance”.

This is what decades of lefty political correctness does.
The deeper your keep you head in the sand, the faster it’s coming.
———————————————-

I would wait until we find out who these guys are. Lately home grown extremists have been the culprits.

If these guys are indeed from some country other than France, this could end up being a grade A shitstorm…

#134 Smoking Man on 11.13.15 at 11:02 pm

Anticipation is a long forgotten skill set.

Take me for example, I know cra will be calling, attacking liberals and civil servant unionists will not end well..

Less of course your mortgaged to the nines. Have 50 k in credit card debt. And take 9,999.99 across the boarder every weekend for the last 10 years making casino visits…

Well guys it’s all gone. Sorry..

I really should write a book..

#135 Andy on 11.13.15 at 11:03 pm

I only wish that I could disagree with your perspective Garth but unfortunately, I think you nailed it! The next couple of years are going to be a very rocky ride and investing tough to get right!

#136 El Gartho Magnifico on 11.13.15 at 11:05 pm

> And how much was Porter asking government for? Zero.

Ah, so the only thing of value is money. Like I said in the last post, that’s how you Cons think, if it doesn’t make money, screw it. Birds? How does that profit me? It doesn’t? Then screw them!

The “lifelong Tory” Porter owner asked for a lot, but since you can’t measure the environment in money, you don’t think it’s worth anything.

Btw, maybe this whole thing did have a political tinge. “Lifelong Tory” when talking about a rich guy means donations and favours. If he wants to play the political game for personal gain, he should suck it up when political opponents win office and screw him over. Live by the sword, die by the sword. If he didn’t want political interference he should not have tried to mix business and government. Tough Toblerone.

#137 Tony Warren on 11.13.15 at 11:11 pm

And please don’t forget that a viable aerospace industry was ripped out of Winnipeg to support Bombardier. Billions of dollars changed hands, much of it stuck to the Bombardier family but not much of value has been created.

As Garth says, the Liberals have a long history of making easy but idiotic decisions that in the end cost Canadians untold billions in lost opportunity and outright losses. Remember that our airmen are still flying antique Sea King Helicopters because Jean Chretien killed the contract for their replacement with a penalty cost of more than $500 million dollars.

If this is good governance, please put me under the evil thumb of Prime Minister Harper again.

#138 batt519 on 11.13.15 at 11:14 pm

Garth your chart today-the trend is your friend except in the end. Every dog has it’s day. Some great blog posts this week.
Also, I happened by the blue team’s fb page. You’re lucky not to be a part of that caucus anymore. Check it out, the brass must be on extended vacation. I make six figures, they scare me instead of courting me.

Retired Boomer I forget the post number. The banks got the free money and then gave big bonuses. At least you American taxpayers are getting some back with all the fines for blatant criminality.
As for the automakers, didn’t they get loans that had to be paid back for the most part? The biggest assault was on the workers. Further I noticed in the GM and FCA negotiations they are sending small car production to Mexico and FCA for sure is moving truck production north. Now correct me if I’m wrong wasn’t it the reliance on large vehicle sales that played a part in their problems? Hold your head high and avoid the imports and transplants. Domestics aren’t that bad.

#139 Adam on 11.13.15 at 11:14 pm

Strange coincidence how the price of commodities is down and out and then a catalyst like the events in Paris today help to spur a war, huh?

#140 Julienne on 11.13.15 at 11:15 pm

Partisan nonsense, Garth.

Your guy lost the election. This was a Liberal campaign promise.

So deal with it. We’ve all had to deal with the Harper crap for ten years.

This is a pretty whiny post today. Porter sucks, the guy in charge has always been looking for some kind of taxpayer handout. Let him build his own business, no formal or informal subsidies, or go away.

#141 tundra pete on 11.13.15 at 11:15 pm

It will all work out in the end. There will be bailouts, handouts, giveouts, giveups, nominds and willnots.

The jets will be required for some time on the feds dime to fly in 25 000 Syrian refugees. Old, young, gay, straight, skinny, fat, jihad, christian, you name it,they are coming. There will be a jihadi john on every corner of the town. Lets hope they all just keep preying to allah and that our chief executive drags home the right ones.

#142 M on 11.13.15 at 11:16 pm

Morons of Bombardier know how to do business worth of $hit.
They KNOW how to make planes though. The new C series is the BEST that’s on the market right now with 20% more weight for same fuel consumption or.. 20% more range for similar.
The morons are used with the fascistoid state in which we live in: the state and business union. ..and what the morons do ? instead of penetrating with this piece of aircraft jewelry in europe and asia they’ve bet on Porter. If bombardier goes bankrupt it doesn’t mean that there will be no more bombardier..it means that more competent people will buy the entity for pennies on the dollar but aircraft will continue to be fabricated.
..but one can’t have this in a fascist state (corporate state for the morons of politically correctness).
Bombardier is the poster child of how to go bankrupt by mismanaging a great product and a talented work force.
When the total debt will deleverage and state stop meddling in the economy we will start growing again . For real.

#143 LJ on 11.13.15 at 11:17 pm

Ok, I’m saying it… When I look at all the “events” going on today, I just throw up my hands and say: “what would you expect on Friday the 13th?”

And, I would recommend that JT and Notley get in their canoe and start their long paddle to Paris, since they don’t like either airplanes or modern fuel.

#144 TurnerNation on 11.13.15 at 11:18 pm

We see the trend…them limiting our travel rights. Borders close. Instantly without debate.

The dog that didn’t bark?: hostage takers who had no demands. Seems that which was left out of script.
During this, B.O. goes on air reminding us this a global event. It sure was. Watch your border. On paper it’s an open door – in one direction.

#145 Smoking Man on 11.13.15 at 11:21 pm

Every business in Canada, less wind farms and liberal connections are sing this song..it’s in there head but no idea where it’s coming from.

Meatloaf tomorrow bitches…..

The sirens are screaming and the fires are howling,
way down in the valley tonight.
There’s a man in the shadows with a gun in his eye,
and a blade shining oh so bright.
There’s evil in the air and there’s thunder in sky,
and A killer’s on the bloodshot streets.
Oh and down in the tunnel where the deadly are rising,
Oh I swear I saw a young boy down in the gutter,
He was starting to foam in the heat.

Oh baby you’re the only thing in this whole world,
that’s pure and good and right.
And wherever you are and wherever you go,
there’s always gonna be some light.
But I gotta get out,
I gotta break it out now,
Before the final crack of dawn.
So we gotta make the most of our one night together.
When it’s over you know,
We’ll both be so alone.

Like a bat out of hell
I’ll be gone when the morning comes.
When the night is over
Like a bat out of hell
I’ll be gone gone gone.
Like a bat out of hell
I’ll be gone when the morning comes.
But when the day is done and the sun goes down,
and the moonlights shining through,
Then like a sinner before the gates of heaven,
I’ll come crawling on back to you.

I’m gonna hit the highway like a battering ram,
on a silver black phantom bike.
When the metal is hot and the engine is hungry,
and we’re all about to see the light.
Nothing ever grows in this rotting old hole.
Everything is stunted and lost.
And nothing really rocks
And nothing really rolls
And nothing’s ever worth the cost.
And I know that I’m damned if I never get out,
And maybe I’m damned if I do,
But with every other beat I’ve got left in my heart,
You know I’d rather be damned with you.
If I gotta be damned you know I wanns be damned,
dancing through the night with you.
If I gotta be damned you know I wanna be damned.
Gotta be damned you know I wanna be damned.
If I gotta be damned you know I wanna be damned,
Dancing through the night
Dancing through the night
Dancing through the night with you.

Oh baby you’re the only thing in this whole world,
that’s pure and good and right.
And wherever you are and wherever you go,
there’s always gonna be some light.
But I gotta get out,
I gotta break it out now,
Before the final crack of dawn.
So we gotta make the most of our one night together.
When it’s over you know,
We’ll both be so alone.

Like a bat out of hell
I’ll be gone when the morning comes.
When the night is over
Like a bat out of hell
I’ll be gone gone gone.
Like a bat out of hell
I’ll be gone when the morning comes.
But when the day is done and the sun goes down,
and the moonlights shining through,
Then like a sinner before the gates of heaven,
I’ll come crawling on back to you.

I can see myself tearing up the road,
Faster than any other boy has ever gone.
And my skin is raw but my soul is ripe.
No-one’s gonna stop me now,
I gotta make my escape.
But I can’t stop thinking of you,
and I never see the sudden curve until it’s way too late.
I never see the sudden curve ’till it’s way too late.

Then I’m dying at the bottom of a pit in the blazing sun.
Torn and twisted at the foot of a burning bike.
And I think somebody somewhere must be tolling a bell.
And the last thing I see is my heart,
Still beating,
Breaking out of my body,
And flying away,
Like a bat out of hell.
Then I’m dying at the bottom of a pit in the blazing sun.
Torn and twisted at the foot of a burning bike.
And I think somebody somewhere must be tolling a bell.
And the last thing I see is my heart.
Still beating, still beating,
Breaking out of my body and flying away,
Like a bat out of hell.
Like a bat out of hell.
Like a bat out of hell.
Oh like a bat out of hell!
Oh like a bat out of hell!
Like a bat out of hell!

#146 great noida on 11.13.15 at 11:25 pm

Like at Porter, for pilots and technicians, or at Bombardier, for engineers and skilled trades. -Garth”

Sounds like Bombardier could also use some help in finance, product development, project managment, investor relations, etcetcetcetcetc

#147 great noida on 11.13.15 at 11:29 pm

#120 Rational Optimist on 11.13.15 at 10:17 pm
78 Sheane Wallace on 11.13.15 at 8:51 pm

“Over 140 dead so far.

If the people were carrying personal guns, the tragedy would have never happened, the terrorists would have been shot down immediately.”

I had a similar thought. I’m typically a proponent of gun control, but I don’t suppose anyone would think to try a similar stunt at a club in Dallas.”

Partially true, but it takes good intel and other techniques to stop suicide bombers, not a bunch of unqualified civilians firing their weapons indiscriminately….kind of dumb suggestion actually

#148 El Gartho Magnifico on 11.13.15 at 11:32 pm

Hey Garth, what do you think of Richland? Is this your vision of the ideal Canada? Be honest.

https://www.youtube.com/watch?v=Y9zThcMJzQU

#149 Millmech on 11.13.15 at 11:33 pm

#91
Yup it’s going to be a great 4 years,they’ll keep rolling don’t want to lose momentum now.Besides if these decisions go bad you can always blame Harper.

#150 Cici on 11.13.15 at 11:35 pm

#115 Mark

“Porter thought they could get away with essentially blackmailing the government into supporting the Island by tying themselves to Bombardier. The government said no, they will not be held hostage by Porter to implement something that most people do not want.”

That pretty much sums it all up. Good job Mark.

He made it up. As usual. — Garth

#151 great noida on 11.13.15 at 11:37 pm

#103 Babblemaster on 11.13.15 at 9:38 pm
I remember one spring day, years ago, being mesmerized by a fledgling little sparrow. It was in downtown Toronto and it had become exhausted and confused trying to fly around a storefront window. It would fly up and down and side-to-side to no avail. As I was pondering how to help it, along came a sea gull. It walked over to the little chick and scooped it up and down it’s gullet. I really hate sea gulls.”

Have to agree, the sea gull then probably went and sh*t on somebody….

#152 Roasted nutz on 11.13.15 at 11:37 pm

#125 Smoking Man on 11.13.15 at 10:45 pm

#118 common sense on 11.13.15 at 10:14 pm
#96 Smoking Man

Too late for USD – CDN Forex from here in?

How about USD – EUR?

I know enough to keep my mouth shut and listen (read)
..

Don’t know shit about EUR.

I only trade what I know.

I know with all the collectavist. Tree huggerS, obedience certificate owners, who actualy think it equates education.

They are in power at the federal level, province, and city..

Means one thing…disaster..especially on our currency..

Big land mass, China makes more baby’s in one year than Canada had in terms of head count..

LONG USDCAD FULL MARGIN…

ENJOY….
————–
What happened to all in on oil given putin & ww3

#153 45north on 11.13.15 at 11:38 pm

nonplused: Ever since the Avro Arrow a succession of stupid governments has killed innovation and technology in Canada and forced many of our brightest minds south. I don’t know if it would have worked out.

Cowardice and stupidity are both pejorative but it was the former that moved the government to cancel the Arrow.

http://www.merriam-webster.com/dictionary/pejorative

As far as Bombardier is concerned, I don’t own it , I don’t manage it and I don’t work there but it is one of the few high-tech Canadian companies. We don’t have the luxury of waiting for the perfect owners and that’s my quarrel with Marc Garneau and the Liberal Government who seem to think that they do have the luxury of waiting.

We damn well need those jobs!

#154 ANON on 11.13.15 at 11:44 pm

Strange coincidence how the price of commodities is down and out and then a catalyst like the events in Paris today help to spur a war, huh?

Except wars are done on credit, which means the only war that can spurred at this moment of credit saturation, is the kind for which the antonym would be uncivil, ill-mannered, impolite, rude, and unkind, according to thesaurus.com

#155 OXI in GREECE !! on 11.13.15 at 11:46 pm

Nope….no censorship here.

Your comment about the mass executions tonight was tasteless. Go away. — Garth

#156 timbits investor on 11.13.15 at 11:48 pm

So, be careful where you invest. There’s still a whack of downside when it comes to Canadian assets. A diversified portfolio should have twice as many US and international assets as Canadian ones. ”

Sorry but I would say the opposite, buy the Canadian stuff now while it’s cheap…ya know, the old buy low-sell high theory!

#157 Nuke on 11.14.15 at 12:10 am

Jets at the island was an insane idea, it would be worse than the Spadina Expressway which was also killed off. Anyway jet lovers have a slick direct train from downtown to Pearson. Bombardier has to stick to making our streetcars and forget about jets.

#158 Tim on 11.14.15 at 12:28 am

“The kid PM is killing jobs faster than anyone could have imagined” If you understood more about economics, you would realize it is Harper’s ineptitude that has killed jobs by betting the farm on a dying industry and the price drop in commodities.

#159 BG on 11.14.15 at 12:29 am

#133 IHCTD9 on 11.13.15 at 10:54 pm

I would wait until we find out who these guys are. Lately home grown extremists have been the culprits.

If these guys are indeed from some country other than France, this could end up being a grade A shitstorm…
—————————————————————-

I was not suggesting they’re foreigners.

Integration of immigrants did not work well in France in the second half of the 20th century. There’s a lot of people born in France who don’t feel French, or even hate the country, especially when their roots are in former French colonies.

#160 common sense on 11.14.15 at 12:30 am

#156 Timbits

Canadian Equities cheap?

Like BTO sang….”You ain’t seen nothin yet”

The shitstorm hasn’t even begun.

#161 SWL1976 on 11.14.15 at 12:36 am

#144 TurnerNation

We see the trend…them limiting our travel rights. Borders close. Instantly without debate.

The dog that didn’t bark?: hostage takers who had no demands. Seems that which was left out of script.
During this, B.O. goes on air reminding us this a global event. It sure was. Watch your border. On paper it’s an open door – in one direction.

———————————-

Don’t forget the emphasis on the guns that were used. The Russian made AK-47

It is obvious just how scripted all of this is to those who know and understand what is really going on. Sadly many here in Canada will look no further then to Peter Mansbridge and the National to seek answers to their concerns and questions, but most will not see though the scripted lies.

Even high level people with good intentions don’t fully understand. They actually dropped the New World Order phrase on the National and mentioned mass detention… All to keep us safe

This is a sad sad day on so many levels

I hope more people learn to understand and question these tragic events

Condemnation without investigation is the height of ignorance

The stage has been set folks

Don’t be fooled

#162 Herb on 11.14.15 at 12:36 am

In case anyone else would like some facts in addition to the innuendo served here, here is a link to the Bombardier C-Series orders –

https://en.wikipedia.org/wiki/List_of_Bombardier_CSeries_orders

There appear to be 243 “Firm Orders”, and an additional 115 “Commitments”. Porter is on the books for 12 “Commitments”, and on the cancellation of those we are going to blame the new government for the loss of 24,000 jobs?

That is neither economics nor policy, but partisan BS!

#163 Freedom First on 11.14.15 at 12:50 am

Garth and Dawgs, I have a question. I would appreciate your input. If no input, no worries, I always appreciate all of you.

I was at 30% U.S. at the peak. I sold down to about 10% when market was near the recent peak. Part of my re-balancing. I also sold emerging markets/Europe et al. then and am now underweight there also. Re-balancing. I have shared here when I sold Oil last year at peak, and I also shared here when I bought ETF ZEO recently at its bottom, as well as the Preferred’s CPD and ZPR also recently bought, very cheap, which I also shared here. More re-balancing. Also bought the REIT ZRE just days before when Garth said to buy REITS, which I shared here too.
I also shared here when I sold Real return Bonds (20 year) as they went up 25% in 30 months. I still hold 10 year RR Bonds, the Preferred’s, ETF Bond XSB(short term) and cash (High Interest) for 50% fixed income/cash and 50% equity. I like to be 60 Eq/40 FI, so I am overweight 10% fixed income/cash.

My question, would it be good to buy the ETF VXC at this time, which is about 50% U.S. with the rest split between Europe, Japan, emerging markets and 0% in Canadian Markets. My reasoning being its simplicity/diversity/tax beneficial, as it is a low dividend moving around between 1.75 & 2% dividend and low MER of about .11% , with a higher potential for capital gains.

This is not all of my holdings, but should be enough info to give you the gist. Also, I have no debt, a long horizon, and do not need to work, though I do work several hours a week. Thank you. And this is all true, and I am serious. I am an honest man.

#164 For those about to flop... on 11.14.15 at 12:57 am

#155 OXI in GREECE !! on 11.13.15 at 11:46 pm
Nope….no censorship here.

Your comment about the mass executions tonight was tasteless. Go away. — Garth
////////////////////////////////////////////

Geez all I did was crack a joke about Justin Trudeau and I get lumped in with this nutbar ,thanks for nothing!

#165 Nemesis on 11.14.15 at 12:59 am

#ItBegins…

[WaPo] – Hollande: ‘We are going to lead a war which will be pitiless’

https://www.washingtonpost.com/news/worldviews/wp/2015/11/13/it-is-horror-french-president-hollandes-remarks-after-paris-attacks/?hpid=hp_hp-top-table-high_hollandremarks1112pm%3Ahomepage%2Fstory

#166 TRT on 11.14.15 at 12:59 am

Trump may just win after tonite.

#167 Freedom First on 11.14.15 at 1:03 am

My mistake. I said the MER on VXC was .11, when it is really .25% , I mistakenly looked at another ETF I hold.

#168 TRT on 11.14.15 at 1:07 am

Smoking Man:

Like FX is that easy. Haha. The sheep will listen though.

——————–
YEAH! Let’s ALL blame Smoking Man! LOL Sounds good to me! ;-)
…..

I’m a good dude..back in late June, the UCC spoke to me…

I gave everyone of you a chance to make an easy million bucks.

Put 50k in a forex trading account… buy 100 contracts.
Would only cost 25k of real money…

You all would have, let my check my p &l one sec…..
……..

1,357,765.87

#169 Freedom First on 11.14.15 at 1:49 am

#58 Ontario’s Left Coast

….even Freedom First. Have to admit, made me smile. Enjoy your weekend also. I am mellowing on this Blog, as I realize people have a right to be wrong.

#170 Balmuto on 11.14.15 at 1:58 am

I don’t know anyone who lives in Toronto that wouldn’t prefer to fly in and out of Billy Bishop over Pearson given the choice. Even more so now since that stupid ferry has been replaced with a tunnel path to the airport. The express train to Pearson is a white elephant, it’s overpriced and nobody uses it. Expanding the Island airport is a no-brainer, it’s pure Nimby-ism that opposes it. I have a feeling that the sheer common sense of the idea will force its acceptance sooner or later. Just like cancelling the bridge didn’t stop the growth of Porter, neither will this latest political setback stop its future growth.

#171 Freedom First on 11.14.15 at 2:03 am

#74 bonnie

Relax bonnie. Everyone on Garth’s blog is treated the same. Even me. And I am a selfish a$$hole. Ask anybody.

#172 boonerator on 11.14.15 at 2:33 am

As many have pointed out, the Trans Mountain pipeline has been dead for some time.
Now the Kinder Morgan Trans Mountain Pipeline Expansion Project is a different matter. An existing pipeline, no virgin territory to cross like Northern Gateway and no nasty north coast fjords to navigate. Vancouver harbour has lots of expensive real estate bordering it but not many reefs and gale force winds.

So if JT kills that one, it will be the finest hour of the BANANA (“Build Absolutely Nothing Anywhere Near Anything (or “Anyone”)”) brigade.

#173 ANON on 11.14.15 at 2:33 am

If I am migrant in Europe I would be moving out as fast as I can, so sad for the victims and the refugees.

Being a non-born citizen of Canada, the only thing I can think of is staying the heck out of debt at all>/i> costs, because, in all honesty, there’s No.Where.Else.To.Go., except maybe in the northern American wilderness, to which we are having access as a last resort, …and probably OZ and NZ, but islands are generally problematic for pretty morbid reasons I’d rather not rant about, especially given they have a housing bubble comparable to the 2-nd largest country on earth… :)

Not that I’m thinking that I would be blamed either for coming here to load up on debt and live the good life, instead of “working and saving” like “teh forefathers” (perish that thought, as I’m already working twice the amount for approximately half the paycheck of the native born citizens), or would I suspect even remotely I could be blamed for making houses unaffordable, or stealing jobs, or anything among the things suggested by the incipient narrative (and remember, we don’t get to see any of the DELETED comments, only Garth does, you have to go on the street and/or get intimate with the locals over beer case of 24s to hear the real deal, which is what I do whenever I get the chance).
Nope, I’m choosing to live within my means (which is, of course, a meager existence compared to the one the locals live, but, as meager as it is, it
still is sponsored by others getting into debt -BTW: Thanks, guys&gals!-) because I’m a little bit of a nutcase mouldy GenX doomer who has seen things. But such things could happen here, we all know it is different here and all that, don’t we? ;)

#174 Andrew on 11.14.15 at 2:45 am

As one smart guy pointed out about investments in companies involved in aviation:

“As of 1992, in fact—though the picture would have improved since then—the money that had been made since the dawn of aviation by all of this country’s airline companies was zero. Absolutely zero. … Now if I get the urge to invest in airlines, I call an 800 number, and I say: ‘Hello, my name is Warren, and I’m an air-o-holic.'”

#175 The Future of Western Civilization will be written in blood on 11.14.15 at 2:58 am

Euro Leftists, Western Liberals and Fart Catching Progressives have to shoulder the blame for the terror that is sweeping over Europe. Murder , Rape, Terror….what did they expect from allowing millions of people who have been indoctrinated from birth to hate the west…hate freedom…hate everything that stands in the way of Islam.

You reap what you sew Libs….and now you se the direct result of pretending you can live in a village as opposed to the way the real world operates.

The strong men leaders that were assassinated were the only ones holding the religious crazies at bay…now that Obama has released the dogs of war the rape and murder of western civilization will spread like wildfire.

The chaos is coming to a city near you….courtesy of Trudy and the Turds.

#176 BC Guy on 11.14.15 at 3:07 am

The Toronto Islands are a beautiful oasis in an overcrowded, polluted city. Many people who live in Toronto enjoy taking the ferry to the Islands for a picnic, a walk, bike ride, play on the beach, go sailing.

But no, can’t have that. Have to pave it over and put up a freaking airport. The 1% ers like Garth and Porter airline won’t be happy until the entire GTA is paved over with asphalt and concrete and highways and airports for 400 square miles.

The airport has been there half a century. — Garth

#177 BC Guy on 11.14.15 at 3:11 am

Government bailing out Bombardier is a bad idea.

Bailing out banks is OK, however.

Time to turn the banks into a utility run by the government. Fire all the multi-millionaire CEOs, execs, and hire administrators at $100k/year. Hire back all the outsourced IT workers. Insist that the banks hire Canadians.

#178 Love my Kia on 11.14.15 at 3:36 am

#56 Smoking Man on 11.13.15 at 8:17 pm

Over 140 dead so far.

If the people were carrying personal guns, the tragedy would have never happened, the terrorists would have been shot down immediately.
*********************************
What a stupid statement.

And during the course of the legalized carrying of weapons how many random acts of gun violence would have been committed in the meantime?

Didn’t Toronto experience almost 70 deaths in a year due to shootings in a country that has strict gun controls? I’d hate to imagine what the number would have been if it was legal.

Too much short sightedness here tonight.

#179 Pop goes da world on 11.14.15 at 4:10 am

Egads, the yanks are going to get to pop their housing bubble for a second time, why doesn’t Canada have no fun like this no more
http://www.valuewalk.com/2015/11/this-housing-bubble-is-set-to-pop/

#180 liquidincalgary on 11.14.15 at 4:10 am

well, i wonder if Trudy Jr will re-think bringing home the bombers?

turn the place into a glass parking lot, then, anything left that glows in the dark…shoot it.

#181 Freedom First on 11.14.15 at 4:23 am

I was out all afternoon and night, and just heard about Paris. Shockingly bad and sickening. Evil. I feel for all of the victims and their families/friends dealing with the tragedy. My thoughts and feelings are for you and with you.

#182 Blobby on 11.14.15 at 4:39 am

I love this blog. I love that Garth disagrees with me on a lot of things (the only way to lean is to listen to people with differing opinions), listening to people who agree with you (like a rabid foaming mouthed right winger watching Fox or reading sun news) is never going to help you grow.

But recently Garth, the whole politics thing has started to sound bitter from you.. I know you’re passionate, but the bitterness feels beyond you. The Garth I’ve been reading the last few years is better than that! (I hope!)

Sure, question the government.. You’re an idiot if you don’t (regardless who is in power)… But don’t be bitter.. And that’s how some of these posts are sounding recently…

IMHO – the conservatives lost on purpose at the last minute (would explain the hanging out with crackheads). I think they knew a storm was coming, and if they can pin the storm on the new guy.. It’ll be a one term wonder, and they’ll be back in for good.

Not a shred of bitter. The Harperites tried to destroy me, and deserved their fate. But the mindlessness of support for T2 policies which are half-baked and laden with risk must be challenged, for the good of us all. — Garth

#183 Vangrrl on 11.14.15 at 5:21 am

#143 LJ:
Mr Trudeau is coming to Malta first, then on to Paris. Maybe he’ll be ok with the shorter Malta-Paris flight. But yes, he could canoe here first and get a feel for what the refugees are experiencing.
Vive la France.

#184 family beagle on 11.14.15 at 6:01 am

Just a plug for a two awesome low profile Quebec companies (from a BC resident):

Rallye Footwear, steel toe rubber boots. Bought mine at walmart in 2010 for farm use and they still have good tread and no leaks. I actually sent a thanks to the company.

Faber snowshoes, perhaps the oldest manufacturer of the real deal. I have two pairs of the hybrids. Ninja quiet in the snow and simple, strong design. Bought mine special order, and one pair at CT on sale. In the bush, dead of winter, you move as fast as a deer.

Re Paris attacks: horrific, reprehensible, not unexpected. France has a long history overcoming interlopers. One thing terrorists fail to understand about western democracies: the only thing protecting them and their ideologies is the time until the next election. To the innocent civilians… Fare thee well.

#185 Dave in Kincardine on 11.14.15 at 7:12 am

I lost $5 grand on this stock about 10 years ago when the Beaudoin family insiders bought heavily at $5 after the stock dropped from $25 the previous year. I thought is they are buying that would be a good sign. It turned out they did a synthetic trade at $25 to shed their ownership with the help of the banks (I believe it was RBC). Still don’t understand how I got hood winked but no love for BBD or RBC. I think it was done by issuing a convertible debenture and then selling all their common stock short at $25. Then buying the common back at $5. They could then still not have to file insider trading until closing out the position. My guess it bordered on illegal but what the heck, there are two laws in the world – one for the rich and one for everyone else.

#186 Smoking Man on 11.14.15 at 8:52 am

#152 Roasted nutz on 11.13.15 at 11:37 pm
#125 Smoking Man on 11.13.15 at 10:45 pm

#118 common sense on 11.13.15 at 10:14 pm
#96 Smoking Man

Too late for USD – CDN Forex from here in?

How about USD – EUR?

I know enough to keep my mouth shut and listen (read)
..

Don’t know shit about EUR.

I only trade what I know.

I know with all the collectavist. Tree huggerS, obedience certificate owners, who actualy think it equates education.

They are in power at the federal level, province, and city..

Means one thing…disaster..especially on our currency..

Big land mass, China makes more baby’s in one year than Canada had in terms of head count..

LONG USDCAD FULL MARGIN…

ENJOY….
————–
What happened to all in on oil given putin & ww3
…..

Was a hedge against long USDCAD bet, still hoping for a fed spike….

But you can’t be serious. You listen to a massaginust, bat shit crazy drunk for your financial advice..

Seriously?

#187 Oh Billy on 11.14.15 at 8:52 am

I’d say the graph shows how to pump up a stock market with QE and low interest rates. I’d also say the S&P has more of the downside going forward. America’s economy is a pig with lipstick on it.

If everything is so rosy there why are people protesting to get $15/hr to work flipping burgers? Because that’s their career and they can’t find better jobs. According to the government they are fully employed. Beautiful.

Worry about us, not them. The US has three times the economic growth we are experiencing. — Garth

#188 David McDonald on 11.14.15 at 8:53 am

I wonder how the terrorists in France got hold of such an arsenal of lethal weapons? The terrorist in the train who was stopped by American soldiers on holiday was similarly well equipped. What is the source of these weapons-Belgium?

In Canada the question would have an easy answer. Just drive south and pick up whatever you need. Crossing the border would be the only risk. I hope Canada customs raises its threat level.

#189 Danforth on 11.14.15 at 9:34 am

I couldn’t agree more with the idea that preserving jobs in Canada is important. Particularly good jobs like at a Bombardier.

However, the Toronto waterfront is no place for jets. IF for some fluke of nature, the Toronto islands were further into Lake Ontario, say another 500 or 1000 meters, I’d say “maybe”. But that’s not where the Toronto Islands are. They’re close to the waterfront, a residential and recreational area. A tourist magnet. And the key point…the Toronto Islands are TOO close to the mainland for jets.

No one says Deluce can’t buy his jets and fly them out of Pearson Airport. We’re not hearing that airport is out of capacity. There’s a lovely train link from Union Station to get there!

In fact, from a city-building perspective, I would contend that even having Billy Bishop on the island isn’t needed. The train to Pearson is fast…we just need to fix the pricing on that.

I’d love to take out the airport, and put in a massive urban park, with some light development (restaurants and such). And now with the underpass to get to the airport, it wouldn’t be ferry dependent.

And all the gainfully-employed baristas can take their families there? You sound like a 1%er. — Garth

#190 Paul on 11.14.15 at 9:39 am

Justin will own this, we have nothing to fear Canadians are obtuse.
http://www.cbc.ca/news/politics/harjit-sajjan-isis-badass-1.3316662

#191 common sense on 11.14.15 at 9:41 am

So sad about Paris..

Who is to blame? On the surface, I’d bring it all back to George W. Bush for Iraq which started everything but let’s go back further…

I am a firm believer in Capitalism, yet if their are not opportunities for people in various countries to work and make money, boredom then anger towards those with work and money exists….

Yes they are extremists but the inequality between the 1% and 99% will be the downfall of us ALL until policies change.

Everything in some form of balance, no not socialism but some form of distributing the wealth to more.

As MLK said “Either we work together as brothers or perish apart like fools.”

As humans, governments we hopefully do still have a choice.

When the [email protected]#$ is enough , enough?

#192 Paul on 11.14.15 at 9:46 am

#171 Freedom First on 11.14.15 at 2:03 am
#74 bonnie

Relax bonnie. Everyone on Garth’s blog is treated the same. Even me. And I am a selfish a$$hole. Ask anybody
————————————————————————
Freedom don’t be so hard on yourself, I have spoken to many people who don’t think you are Selfish. LOL

#193 SWL1976 on 11.14.15 at 10:06 am

#180 liquidincalgary – That’s a horrible thing to say. Would you feel the same if you happened to be born in that part of the world?

#194 dr. talc on 11.14.15 at 10:12 am

the arrow was killed so that all aviation innovation could be contained in a USA location, which became the site of the biggest fraud of the 1960s- NASA

#195 Ontario's Left Coast on 11.14.15 at 10:38 am

#169 Freedom First on 11.14.15 at 1:49 am
#58 Ontario’s Left Coast

….even Freedom First. Have to admit, made me smile. Enjoy your weekend also. I am mellowing on this Blog, as I realize people have a right to be wrong.

Cheers mate, I’m glad. Sounds like you have done well with your diversified portfolio of investments, as have I, under the circumstances. I’d still be bullish on the U.S., but something tells me an overweight in cash would not be a bad idea right now.

Be overweight in 75-cent dollars? Really? — Garth

#196 The real Kip on 11.14.15 at 10:39 am

Just watching this France terror thing unfold. Stock markets will dive Monday, housing will hold in Canada and this will place the odds of the Fed raising rates at 0% in December.

#197 Daisy Mae on 11.14.15 at 10:45 am

#22: “Bombardier has been one of the poorest-managed corporations on the face of the earth, with the results you see….”

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

Don’t forget Chrysler….

#198 Daisy Mae on 11.14.15 at 10:48 am

#22: “….might save some jobs short term, only full restructuring under new, competent management can save this corporation. The family-managers have been a complete disaster.”

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

Amen. Enuf already!

#199 Daisy Mae on 11.14.15 at 10:56 am

#37: “Liberal pieces of shit are ruining this cuntry.”

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

When was Trudeau sworn in as our new PM — last week? LOL

#200 Daisy Mae on 11.14.15 at 10:59 am

#41: “The family retains control by being the only ones that can vote, shareholders do NOT have voting privileges.”

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

Maybe the shareholders should pull out. Maybe that’ll smarten the ‘family’ up….

#201 Danforth on 11.14.15 at 11:13 am

#187 Danforth on 11.14.15 at 9:34 amAnd all the gainfully-employed baristas can take their families there? You sound like a 1%er. — Garth

Actually, there’s nothing about my comment that sounds 1%-ish. I’m simply saying that we need to prioritize our shared public realm over the profitability of Deluce/Porter (which is a closed book shop, btw). Moreover, this one plane order doesn’t make BBD sink or float.
And decisions to support a business or industry, as noble as that is, doesn’t give a license to make unwise urban planning decisions. And a runway expansion with Jets at Billy Bishop is precisely that.

In terms of me – I might be a 10% to 15%-er.
I’m on track. But need to bank and grow 1M more before I can pack in the day job comfortably.

#202 Estrella on 11.14.15 at 11:19 am

I wonder if alcoa still works with bombardier? Alcoa stock is at an all time low right now, and I can figure it out.

I read that one of the Paris attackers had a Syrian passport . Very sad.

Our global world is a global mess.

#203 For those about to flop... on 11.14.15 at 11:42 am

During the summer of 2000 ,myself and a few buddies backpacked from Athens to Cairo overland.
We spent about 6 weeks in Greece ,a month in Turkey, one week in Syria, one week in Jordan and a month in Egypt.
This time in history was relatively peaceful and the biggest threat to the world was a computer virus,and so during this trip the hospitality we received was outstanding.At this time I felt totally safe and people were happy to see us and help us.
I wanted to go to Israel but my buddies were scared to go and we were in Syria at the time!.Times have changed.
I lived in Europe for three years and then visited in the spring for the next four years during this time there were no major attacks,we had been to Spain before their attacks and London also.
Looking back I am glad to have done this at this time in history because I wouldn’t feel confident now to take my wife to Europe even though the chances of something happening to us are small ,the vibe has definitely changed since I lived and visited there.
This “war” is different than any other war in history and I believe it will go on until the end of mankind.
I hope I am wrong and I wish the citizens of Europe and the Middle East my best wishes in their time of need.

#204 BS on 11.14.15 at 11:45 am

Our Boy Wonder PM is at the G20 now. Does Boy Wonder change his plans to abandon the coalition against ISIS now he has to face the other world leaders? Does he continue with the plan to bring in 25,000 Syrians by year end? Can Boy Wonder stand up to his politically correct cabinet as they feel voter backlash against giving in to the terrorists and potentially bringing them in as refugees?

Boy Wonder has to wear big boy pants now. Should be interesting to see how he reacts. Selfies are not going to cut it.

#205 Sol Orwell on 11.14.15 at 11:47 am

Glad to know that *nothing* trumps “job creation.”

It’s all about balance. — Garth

#206 Daisy Mae on 11.14.15 at 11:48 am

#106: “What about the billions in oil and gas subsidies and tax breaks we give big oil? Price drops and they layoff and move out of Canada…”

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

You might say governments ‘enable’ Canadian businesses, who know from past experience that they’ll be bailed out.

#207 Marco on 11.14.15 at 11:53 am

The Future of Western Civilization will be written in blood .

“Euro Leftists, Western Liberals and Fart Catching Progressives have to shoulder the blame for the terror that is sweeping over Europe.”

Nonsense, Bush (Cheney,Rumsfeld) Blair shoulder a great deal of responsibility for what we are seeing today in the Middle East, which is effecting Europe.

“The strong men leaders that were assassinated were the only ones holding the religious crazies at bay…”

I gather when you say : “Strong men leaders” you are referring to Saddam Hussein keeping the peace between Sunni and Shitte Muslims. This so called “strong men leader” was taken out by Bush and Blair.
Hardly anyone is speaking of the conflict between the two sects within the Muslim religion which is causing a lot of this strife. Not just West vs East.
Iran vs Saudi Arabia (proxy war)

Cheers.

#208 Roasted Nutz on 11.14.15 at 11:54 am

#186 Smoking Man on 11.14.15 at 8:52 am

But you can’t be serious. You listen to a massaginust, bat shit crazy drunk for your financial advice..

Seriously?
——————-
And why not, sure beats the banker dudes who are rather uptight and boring

#209 Marco on 11.14.15 at 11:58 am

@175 The future of Western Civilization will be written in blood.

#210 NoName on 11.14.15 at 12:04 pm

#178 Love my Kia on 11.14.15 at 3:36 am

Didn’t Toronto experience almost 70 deaths in a year due to shootings in a country that has strict gun controls? I’d hate to imagine what the number would have been if it was legal.

So in your little world you are ok to have only criminals who don’t have any regard, respect and don’t follow any laws have guns. Can you brake it for us/me how many of those 70 deaths is caused by law abiding citizens.

If those strict gun laws are “working” wouldn they prevent all those murders? Can you brake it for me how many of those 70 murders was done by harden criminal and how many by law abiding citizen. Maybe we should ban cars too, according to stats canada car related deaths surpas gun related deaths by a mile.
You sad that you work in a library, maybe is time for you to actually start reading books.

James Sheptycki: Guns, Crime and Social Order in Canada

#211 AB Boxster on 11.14.15 at 12:12 pm

Re: Bombardier
———————-
I remember when I first had a few dollars saved and wanted to being trying my hand at investing in the stock market.
There was a newspaper article at the time discussing ‘widows and orphans’ stocks. – ‘A stock that pays high dividends and is generally considered to carry low risk’

Bombardier was listed as one of these.
I did buy Bombardier at the time, but sold it later at a small loss.

Moral of the story:
Never listen to the media shills that know nothing about finance.
Never buy individual stocks unless you are speculating.
No industry is safe.

Should we support Bombardier?
Indirectly, with tax and policy absolutely.

With direct dollars?
Normally I would say no.
But, Canada has been losing too many good jobs as a result of low oil prices.
In ‘normal times’ I would not have supported bailing out the auto industry, but I did support this in 2008.

These are not ‘normal times’ in this country, something the liberal government does not get.

So I do support short term assistance for this company, with terms that provide for security of this investment.

As far as Western Canada goes…
We are getting killed out here with the low price of oil.
But, Albertan’s have a spirit, a fierce independence, and a strong belief in themselves.
Albertans will suffer, and there will be hardship.
And we will come through these challenges stronger and hopefully wiser.

Oh, and the provincial NDP will be gone in 3 years, so we have something to look forward to.

#212 Lorne on 11.14.15 at 12:19 pm

#176 BC Guy
The Toronto Islands are a beautiful oasis in an overcrowded, polluted city. Many people who live in Toronto enjoy taking the ferry to the Islands for a picnic, a walk, bike ride, play on the beach, go sailing.

But no, can’t have that. Have to pave it over and put up a freaking airport. The 1% ers like Garth and Porter airline won’t be happy until the entire GTA is paved over with asphalt and concrete and highways and airports for 400 square miles.

The airport has been there half a century. — Garth

………
And how many people lived on the Islands or in all of Toronto at that time??? Things change….many airports that were convenient and disruptive to few, over the years, would never be placed where they are if they were built today.

#213 Daisy Mae on 11.14.15 at 12:23 pm

“Not a shred of bitter. The Harperites tried to destroy me, and deserved their fate. But the mindlessness of support for T2 policies which are half-baked and laden with risk must be challenged, for the good of us all. — Garth”

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

The Liberals won’t be in power forever, of course. The Progressive Conservatives are not a bad party — they just had a bad leader. It was difficult to vote ‘for’ any of the platforms….so we voted ‘against’. C’est la vie”

#214 Ken Nash on 11.14.15 at 12:26 pm

Canada has been cutting down it’s tall trees for so long.
The sheepel think it’s the way of the world. Only in Canada you say? Pity.

Our politics are a mess. Ontario allows political corporate donations. Who are these corporations? Developers. It’s fair to developers to have to pay to play. It’s certainly not fair to citizens. When we need manufacturers like Bombardier we get highways to no where instead….

#215 Victor V on 11.14.15 at 12:27 pm

#163

Take a look at VFV. Low MER and gets exposure you’ll need to US economy. And if you think the CAD is going to drop further, even better. This has been my top performing ETF holding in past couple of years.

#216 TurnerNation on 11.14.15 at 12:28 pm

I have been posting my opinion that things will be moving very very fast in the next year. Expect slews of new laws and laws. You will wake up and lives changed by strokes of pens. Countries being divided up, spoils shared among victors. We are seeing that already here.

Appears Kanada is to be shut down as an economy of manufacturing. He’s on track.

How they work as usual? Using a Hammer and Sickle.

Oh variously named groups will be blamed.

#217 MF on 11.14.15 at 12:30 pm

Paris attacks are disgusting. The bloodshed makes me sick.

The most recent in a long line of similar attacks caused by the usual suspects.

Is anyone surprised?

Big wake up call for our new PM who thought everything was about “dialogue and root causes”.

Yes I said his policy of bringing in 25k people from this part of the world was dumb and it still is. Hopefully those who voted for this modern day Neville Chamberlain will finally start to see their error.

What don’t like politicization of death? Sounds like a baby washing up on a shore a couple months ago does it not?

MF

#218 MF on 11.14.15 at 12:32 pm

Smoking Man,

Haha glad I am growing on you.

Same thing with me.

Common enemies I suppose.

MF

#219 Don Derc on 11.14.15 at 12:34 pm

#175 The Future of Western Civilization will be written in blood on 11.14.15 at 2:58 am

“Euro Leftists, Western Liberals and Fart Catching Progressives have to shoulder the blame for the terror that is sweeping over Europe……The chaos is coming to a city near you….courtesy of Trudy and the Turds.”

Interesting little rant. I say chaos arrived many years ago (9/11, Patriot Act etc). Chretien bullied into Afghanada, and Harper the American keeping us there and then expanding us into Iraq and bombing missions in Syria for the last 2 years.

We ignore, as usual, the important issues at election time. I really don’t think Justin will walk into Washington DC and say “we’re pulling out”. Our Amerikan masters will instruct us differently. I never voted for this sh#t. I was never asked!

Lest we forget? We forgot!

You don’t like terrorism? Don’t participate in it.

Shut your TV off for a month and read “Addicted to war” by Joel Andreas.

#220 Panhead on 11.14.15 at 12:43 pm

#145 Smoking Man on 11.13.15 at 11:21 pm
Meatloaf tomorrow bitches…..

Saw him live out here on the left coast when Bat Out Of Hell was released. Great show … he ended up prone on the stage and still singing. Sweating like a pig in a white dress shirt. Can’t believe he is still going … wasn’t the picture of health back then … had some local girl singing with him … she was great too …

#221 MF on 11.14.15 at 12:45 pm

#207 Marco on 11.14.15 at 11:53 am

“Nonsense, Bush (Cheney,Rumsfeld) Blair shoulder a great deal of responsibility for what we are seeing today in the Middle East, which is effecting Europe.”

I don’t think Bush and Cheney caused 9/11. (If you say it was an inside job don’t even bother.)

Osama used US military intervention in the ME in 1991 Gulf war as his supposed reason for carrying out the attacks a full ten years prior.

Al Quaeda had been allowed to fester during the Clinton era for too long. Something had to be done at the time in the wake of the terrorist 911 attacks.

I work with a Kurdish dude from the mid east (northern Iraq) who supported the 2003 invasion of Iraq. He’s Muslim. So yes you are correct with the warring religious sects in the ME.

The best course of action would have been to just stay out and let SA and Iran duke it out, but I think it was not feasible at the time given the circumstances.

MF

#222 liquidincalgary on 11.14.15 at 12:46 pm

SWL1976 on 11.14.15 at 10:06 am

#180 liquidincalgary – That’s a horrible thing to say. Would you feel the same if you happened to be born in that part of the world?

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

if i happened to be born in that part of the world, i would probably be an islamist, western hating, bitter person…you?

#223 liquidincalgary on 11.14.15 at 12:48 pm

garth, you may want to have a closer look at #37’s spelling of ‘country’. OTOH, could be an honest mistake

#224 SWL on 11.14.15 at 12:52 pm

#175 The Future of Western Civilization will be written in blood

The chaos is coming to a city near you….courtesy of Trudy and the Turds.

———————

Perhaps you should understand our previous governments involvement with the ‘enemy’

https://m.youtube.com/watch?v=IlDDpt65Tuo

It is a twisted tale with more to the story then what we are being told

#225 Doug in London on 11.14.15 at 1:00 pm

The bad news is we missed out on those 2000 jobs, but all isn’t lost. According to the No. 2 policy maker at the Bank of Canada the housing sector will have a soft landing. Does anyone out there actually believe that’s true?

#226 pinstripe on 11.14.15 at 1:00 pm

Mission Accomplished for most Canadians is having harpo stripped of the PM role.

Justin will do fine moving forward by being open minded to what most Canadians are saying. There will be good days and bad days moving forward.

In Alberta, we had the PCs in charge for forty some consequtive years. Their power role has created the biggest Mess in the history of Alberta. Today it is going to take the NDP, with Rachel as Premier, to bring some sanity and unravel ssome of the big Mess. On a further note, today the alberta PC is beyond DEAD. The WRA is not willing to move to the PCs but are willing to accept any PC under the WRA wing. The WRa is right of right wing. The back stabbing is in full force.

Every political party has a life cycle. Harpo had his turn and now Justin will have his turn adjusting the harpo system to the Liberal system. The fed NDP should either join the Liberal party or take over the rhinocerous party.

#227 saskatoon on 11.14.15 at 1:10 pm

major US retailers hurting.

unemployment rates are always low at the beginning of a recession.

highest percentage of young adults living at home since 1940s–which may explain auto. bubble.

joke = basing the possibility of “raising rates” on lagging jobs data.

rate hike improbable.

#228 Bytor the Snow Dog on 11.14.15 at 1:12 pm

Obama said this is a “global event” huh?

Keep stokin’ that fear boys!

#229 Patrick on 11.14.15 at 1:28 pm

#79 nonplused on 11.13.15 at 8:54 pm
#194 dr. talc on 11.14.15 at 10:12 am
#153 45north on 11.13.15 at 11:38 pm
#31 Freddie on 11.13.15 at 7:35 pm
#43 saskatoon on 11.13.15 at 8:01 pm

Canadians elect socialist governments than sit around talking about the need for innovation and entrepreneurship lol. Job creation and payroll taxes do not belong in the same sentence never mind the same province.

Whatever happens with Bombardier, well I don’t know. But I do know that we are bleeding jobs and increasing taxes. Now we are going to double down with a carbon tax. Great idea. Bombardier: Save it, don’t save it? I think the root of the problem is much worse.

What corporate executive would risk their career by promoting Canada? For our aging population, payroll taxes, growing debt, expensive labour, powerful unions? Weak loonie is irrelevant in that conversation, if you see my earlier post about all the job losses in this country since 2014.

I know I am mostly preaching to the choir on this blog. But I recently saw a poster on another forum say that Notley won’t hurt business in Alberta just “give industry a kick in it’s lazy ass”. lol, really? Where do you start with a statement like that. These people vote too.

All these companies are bailing because the writing is on the wall with what the people want. And Like Harper said: “the people are never wrong”.

#230 OnlyTheBankersLaugh on 11.14.15 at 1:32 pm

Of course, we should challenge Trudeau’s decisions just as we challenged Harper’s and everyone before him. This partisan dogma and positioning only leads to extremely bad decisions like decorating the landscape with wind mills, building typically the wrong infrastructure and fake cap&trade (only for retail taxpayer with breaks for polluters), all resulting in more hidden “taxes” for short term jobs. We must be the most taxed place in world if you include income and hidden taxes. Look at Prometic Life Sciences in Laval. A relatively new billion dollar market cap Canadian company with an amazing technology purifying and separating blood plasma into needed proteins for unmet medical needs. What does the Quebec government do? Instead of helping one of their own fledgling bio techs, it grants and loans to Korean company Green Cross to build a blood fractionation plant in Quebec! Government just should not be involved in business. Prometic will still be one of replacements for Bombardier technology / manufacturing jobs without a cent from government and definitely not a family business behind it. First requirement of putting money into BBD should be blowing up share structure so investors/shareholders can vote.

OnlyTheBankers (and Government) Laugh

#231 Industrial guy on 11.14.15 at 1:37 pm

Show me an aircraft manufacturer anywhere which doesn’t get direct subsidies from their Government. The US calls their program the Military budget. Brazil, PROEX , government subsidized loans …. Airbus .. Well the entire EU subsidizes that operation.

Parter should buy the jets and move to Hamilton airport. Southwest Airlines in the USA has made flying out of regional airports parts of its highly successful business model.

#232 SWL1976 on 11.14.15 at 1:48 pm

#222 liquidincalgary

SWL1976

#180 liquidincalgary – That’s a horrible thing to say. Would you feel the same if you happened to be born in that part of the world?

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

if i happened to be born in that part of the world, i would probably be an islamist, western hating, bitter person…you?

———————–

You see the vicious cycle then

I would still hope to be open to understanding rather than hate

Most people don’t want to fight, but they are a product of their environment

#233 For those about to flop... on 11.14.15 at 2:05 pm

Freedom First ,for the last couple of months I have been trying to remember who or what you remind me of and last night I realized what it was.
It’s that annoying bit of lint that gets stuck in my belly button ,you know it’s crusty and stale and just needs to go!

#234 Rexx Rock on 11.14.15 at 2:13 pm

God bless Truedeau for stopping air strikes against Syria.This act alone may stop a terrorist attack against Canada like what happened in Paris.Its very disturbing and freightening that Canada will allow thousand of refugees into our country.We all know its dictated by the UN.How much money will cost taxpayers money,billions of dollars.France needs our prayers and needs to allow no more refugees.

#235 TurnerNation on 11.14.15 at 2:14 pm

The dog that didn’t bark pt 2.

Usually, within a few min they blare: This has all the hallmarks and fingerpints of ____.

Or “____-inspired”.

This time no such story.

Anyway back to the (my) balanced port:

Since July 1, 2015 -1.2%
For the past 1 year 7.7%

#236 Bottoms_Up on 11.14.15 at 2:17 pm

It is unfortunate that some people discuss carbon tax as ‘paying more’. What they fail to see is that we are already paying more–we are paying with our environment, we are paying with the future habitability of our planet, we are paying in the form of lives lost, we are paying in the form of agriculture loss and droughts, we are paying in the form of repairing and replacing infrastructure (did you know due to shore line erosion that Florida trucks in tonnes of sand to replace it?).

So the next time someone says we are “paying more” due to a carbon tax or cap and trade system, please think again.

#237 paul on 11.14.15 at 2:32 pm

#232 SWL1976 on 11.14.15 at 1:48 pm

#222 liquidincalgary

SWL1976

#180 liquidincalgary – That’s a horrible thing to say. Would you feel the same if you happened to be born in that part of the world?

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

if i happened to be born in that part of the world, i would probably be an islamist, western hating, bitter person…you?

———————–

You see the vicious cycle then

I would still hope to be open to understanding rather than hate

Most people don’t want to fight, but they are a product of their environment
———————————————————-
TELL THAT TO THE PEOPLE THAT WERE MASSACRED LAST NIGHT.
THE POOR FOLKS THAT KILLED YOU WERE JUST A PRODUCT OF THEIR ENVIRONMENT!!
ENOGH WITH THIS BULL SHIT.

#238 paul on 11.14.15 at 2:37 pm

#213 Daisy Mae on 11.14.15 at 12:23 pm

“Not a shred of bitter. The Harperites tried to destroy me, and deserved their fate. But the mindlessness of support for T2 policies which are half-baked and laden with risk must be challenged, for the good of us all. — Garth”

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

The Liberals won’t be in power forever, of course. The Progressive Conservatives are not a bad party — they just had a bad leader. It was difficult to vote ‘for’ any of the platforms….so we voted ‘against’. C’est la vie
———————————————————-
For F’ sake please stop using WE insert YOU!

#239 TurnerNation on 11.14.15 at 2:47 pm

#188 David McDonald

Long answer is they are everywhere available. Look at this arsenal picked up downtown near me. Bet he is living in a kando:

http://www.citynews.ca/2015/10/26/guns-dynamite-and-drugs-allegedly-seized-from-downtown-residence/

Short answer, weapons are in the top 5 global business. I bet half the firearms made in USA get exported overseas. And they know it.

#240 Freedom First on 11.14.15 at 2:51 pm

#195 Ontario’s Left Coast

Thanks. That is my thought right now and also my quandary. Sometimes overweight cash is a good thing. However, Garth does bring up the dilemma I am thinking of also, the 75 cent $. I am undecided at the moment. That is ok though, it will be rectified.

#241 Truth will out on 11.14.15 at 2:58 pm

DELETED (anti-Islam)

#242 Freedom First on 11.14.15 at 3:04 pm

#215 Victor V

Thanks. I will check it out.

#243 SWL1976 on 11.14.15 at 3:09 pm

#237 paul – I understand this is a tragety and people have a right to be upset, but until the root cause of the problem is address nothing can ever be fixed.

Are willing to peel back the layers and look at our own governments (western) involvement with the current problems and call a spade a spade?

Most aren’t

Most are blind, yet still demand an eye for an eye

#244 Freedom First on 11.14.15 at 3:14 pm

#233 For those about to flop…

I’m sorry, who are you again?

#245 For those about to flop... on 11.14.15 at 3:24 pm

#244 Freedom First on 11.14.15 at 3:14 pm
#233 For those about to flop…

I’m sorry, who are you again?

///////////////////////////////////

How many decades since you last had a laugh?
If I were you I would spend some of my portfolio on a humour transplant ,heck myself and a few guys on here will even chip in.

#246 earthboundmisfit on 11.14.15 at 3:27 pm

I am getting quite a kick out of all the comments blaming the PM for “killing Northern Gateway”. Anyone who has followed the pipeline debates in Canada since the days of the Berger Commission, anyone with even half a brain in their head knew that this project was DOA. If you couldn’t see this you were either willfully blind or seriously stupid. Or both.

#247 Bby604 on 11.14.15 at 3:33 pm

Paris….coming to a theatre near you

#248 kamilapea on 11.14.15 at 3:36 pm

T2 just repaying Kathy’s campaigning favours? Preliminary numbers indicate UP Express ridership -a GO property that won’t be IPO’d anytime soon- is abysmal. That thing is on track to join the Link’s eHealth Ontario and power plant scandals as a huge waste of tax dollars.

#249 MF on 11.14.15 at 3:50 pm

#243 SWL1976 on 11.14.15 at 3:09 pm

There was heavy western military involvement in Asia as well.

Vietnam, Korea, WW 2.

Heard of any Koreans bombing people lately? Me neither.

This is a problem with people from the mid east. To me that’s the ugly root cause that you are hinting at and everyone is ignoring.

MF

#250 MF on 11.14.15 at 3:55 pm

#238 paul on 11.14.15 at 2:37 pm

“For F’ sake please stop using WE insert YOU!”

I second that motion. I didn’t vote for her either.

MF

#251 Patrick on 11.14.15 at 4:00 pm

#236 Bottoms_Up on 11.14.15 at 2:17 pm
It is unfortunate that some people discuss carbon tax as ‘paying more’. What they fail to see is that we are already paying more–we are paying with our environment, we are paying with the future habitability of our planet, we are paying in the form of lives lost, we are paying in the form of agriculture loss and droughts, we are paying in the form of repairing and replacing infrastructure (did you know due to shore line erosion that Florida trucks in tonnes of sand to replace it?).

So the next time someone says we are “paying more” due to a carbon tax or cap and trade system, please think again.
________________________________________

India is expanding it’s coal power generation. I don’t know the exact numbers but it definitely outstrips the 4 plants we closed in Ontario. China has understated it’s coal consumption by 20%.

Your efforts are in vain. We are subsidizing their consumption. This means that this planet will be no more inhabitable for your children and grandchildren. Only that they will be among the have-nots of the world.

One more point on people talking about ‘new economies’. I think it is relevant to the bombardier discussion.

I’m not even 30 and I’ve seen Ontario tackle and fail at two of these “new” economies. I had a third one pitched to me last night by someone who should be wiser by now:

2000: Nortel, Tech, economy of the internet. This was the economy of the future. No more manufacturing. New hi-tech. Didn’t pan out.

2007: Green Energy hub, solar, wind. Ontario was going to be the epicentre of the new economy. Wind, solar, etc. Didn’t pan out.

2015: A carbon neutral economy? Some sort of carbon tax related scheme, where instead of producing stuff we have to manufacture new stuff out of old. And trade carbon tax credits. Probably won’t pan out.

Wealth has been generated the same way for over 200 years. Manufacturing goods, selling them to the world. If we aren’t concerned about manufacturing jobs then who is going to pay for the ridiculous standard of living we all enjoy in the future? The magic jobs that we’ve been waiting to spring up while our manufacturing whittles away?

#252 Bytor the Snow Dog on 11.14.15 at 4:03 pm

@Paul

What exactly would your solution be? I bet you would love to bomb the Muslims into the Stone Age huh Paul? Because Muslims bad right buddy?

Jaggoff.

#253 Bytor the Snow Dog on 11.14.15 at 4:05 pm

Right on MF! Why don’t you and Paul get a room.

#254 Harbour on 11.14.15 at 4:28 pm

The speech never made…

On February 4th, 2013, Vladimir Putin, the Russian president, addressed the Duma,
(Russian Parliament), and gave a speech about the tensions with minorities in Russia:

“In Russia live Russians. Any minority, from anywhere, if it wants to live in Russia, to work and eat in Russia, should speak Russian, and should respect the Russian laws. If they prefer Shari ‘a Law, then we advise them to go to those places where that’s the state law. Russia does not need minorities. Minorities need Russia, and we will not grant them special privileges, or try to change our laws to fit their desires, no matter how loud they yell ‘discrimination’.

#255 Broke Dick on 11.14.15 at 4:30 pm

#233 For those about to flop… on 11.14.15 at 2:05 pm
Freedom First ,for the last couple of months I have been trying to remember who or what you remind me of and last night I realized what it was.
It’s that annoying bit of lint that gets stuck in my belly button ,you know it’s crusty and stale and just needs to go!

And it smells bad.

#256 Jeff on 11.14.15 at 4:30 pm

If bombardier needs the 12-15 airplanes that Porter would have bought – the company will fail anyway.

They need hundreds of orders, something Porter can never do.

Plus the debate is a pro/con of changing the water front and with Pearson growing at 10% /year wouldn’t new aircraft and demand just be reached out of airlines that serve out of there?

The Porter order was worth $1 billion with a second batch coming afterwards for another billion. Cancellation may not down Bombardier, but it sure doesn’t help. YTZ is already there, serving 2.5 million passengers a year. No substantial waterfront change would occur. This is all about left-wing urban politics, not jobs or investment. Not a great time to be shutting the door on economic opportunity. — Garth

#257 bdy sktrn on 11.14.15 at 4:32 pm

Heard of any Koreans bombing people lately? Me neither.

This is a problem with people from the mid east. To me that’s the ugly root cause that you are hinting at and everyone is ignoring.
———————————-
they do seem to love there strap on bombs – islam vs islam is where the real action is

iraq 2014
January[edit]
January 2: A truck bomb killed 19 people in Baghdad.[1]
January 5: 20 people were killed in a series of bombings targeting a Shite suburb.[2]
January 15: 75 people were killed in a series of bombings in Baghdad and Baquba.[3]
January 18: A series of car bombings killed 30 people in Anbar province.[4]
January 30: Six suicide bombers entered an Iraqi ministry building and killed 24 people before security forces regained control.[5]
February[edit]
February 10: 22 people were killed when a terrorist accidentally blew himself up while demonstrating how to use an explosive belt.[6]
February 13: Two bombs killed 6 people and wounded 18 in Baghdad.[7]
February 18: 33 people were killed in a wave of car bombs in Baghdad.[8]
March[edit]
March 5: A series of terrorist incidents including car bombs killed 8 people and wounded 30 others.[9]
March 9: At least 32 people were killed when a minibus packed with explosives exploded at a checkpoint in the city of Hilla.[10]
March 27: Bombings killed 33 people in Baghdad.[11]
April[edit]
April 9: Car bombs killed 24 people across Iraq.[12]
April 20: Car bombs and a suicide bomber killed 9 people and injured 39 others.[13]
April 28: A suicide bomber killed 25 people in Khanaqi.[14]
May[edit]
May 13: A wave of car bombs targeting Shiites killed at least 34 people.[15]
May 22: At least 24 Shia pilgrims were killed in three bombings in Baghdad.[14]
May 27: A suicide bomber killed 17 people in Baghdad.[16]
June[edit]
June 8: At least 18 people were killed in a bombing attacking the office of Jalal Talabani’s Kurdish political party.[17]
June 9: At least 30 people were killed in a double bombing targeting the offices of a Kurdish political party.[18]
June 15: 9 people were killed and 20 wounded after an attack near Tahrir Square. Further bombs went off after nightfall killing 3 people.[19]
June 25: A suicide bomber blew himself up outside a market in Baghdad killing 13 people and wounding 25[20]
July[edit]
July 4: A suicide bomber detonated a vehicle at a security forces position north of Baghdad killing 15.[19]
July 9: Three car bombs exploded in front of a court in Hilia killing five and wounding 17.[21]
July 11: 28 people died following a suicide bombing in Kirkut.[22]
July 23: A suicide bombing killed 33 people in Baghdad.[23]
July 24: A car bomb killed 21 people in Baghdad.[24]
August[edit]
August 23: A series of bombings killed 35 people across Iraq.[25]
August 26: A car bomb killed 10 people in Baghdad.[26]
August 30: A suicide bomber killed 11 people in a town south of Baghdad.[27]
August 31: Two suicide bombers killed 10 people in Ramadi.[28]
September[edit]
September 1: A suicide bombing killed 37 people in western Iraq.[29]
September 4: A car bomb and a suicide bomber killed at least 20 people and injured dozens in Baghdad.[30]
September 8: A double suicide attack killed 9 people and injured 70 others in a town north of Baghdad.[31]
September 10: A wave of terrorist bombings killed at least 30 people in Baghdad.[32]
September 11: A wave of terrorist incidents killed at least 17 people and wounded 50.[33]
September 17: A suicide car bomb killed 7 people and destroyed a bridge in Ramadi.[34]
September 18: Two suicide bombings killed 13 people and injured 36 in Baghdad.[35]
September 19: A wave of bombings killed 28 people and injured dozens.[36]
September 27: A car bomb killed 10 people and wounded 24 others.[37]
October[edit]
October 4: ISIL attacked the town of Tarmiyah, located north of Baghdad, where[38] a roadside bomb targeted an Iraqi military convoy, killing at least five people.
October 7: A suicide bomber rammed a vehicle into houses used by Shiite militiamen north of the city of Samarra, killing at least 17 people.[39]
October 9: A suicide attack killed 10 people in Baquba.[40]
October 12: A series of terrorist bombings in Baghdad including a suicide attack killed more than 50 people.[41] A wave of bombings in Baquba killed 31 people and wounded 70 others. [42]
October 14: A suicide attack in Baghdad killed 19 people and wounded 35 others.[43]
October 16: Three car bombs in Baghdad killed 16 people and wounded 48 others. [44]
October 18: A series of car bombs in Baghdad killed 24 people.[45]
October 19: A suicide bombing targeting Shiites in Baghdad killed 19 people and injured more than 2 dozens.[46]
October 20: A wave of bombings targeting Shiites killed more than 43 people.[47]
October 22: Two car bombs in Baghdad killed 16 people and wounded 65 others.[48]
October 25: A suicide bomber killed 8 Shiite fighters and wounded 17 others near Baghdad.[49]
October 27: A similar attack killed 27 fighters and wounded 60 others.[50] Another bombing in Baghdad killed 14 people and wounded 23 others.[51]
October 31: A series of bombings killed 15 people near Baghdad.[52]
November[edit]
November 1: A series of terrorist bombings killed 24 people and wounded dozens in Baghdad.[53]
November 2: A series of bombings killed 34 Shiites in Baghdad.[54]
November 7: A suicide bomber killed a police general and wounded 9 policemen in Baiji.[55]
November 8: A series of car bombings killed 40 people and wounded dozens across Iraq.[56]
November 16: A series of bombings in Baghdad killed 5 people and wounded 20 others.[57]
November 19: A suicide attack in Erbil killed 6 people and wounded more than 20 others.[58]
November 23: A car bomb killed 7 people and wounded 16 others in a town south of Baghdad.[59]
December[edit]
December 4: A series of bombs killed 35 people in Baghdad and Kirkuk.[60]
December 7: A car bomb killed 7 police officers in northern Baghdad.[61]
December 24: A suicide bomber killed 26 people and wounded 56 others south of Baghdad.[62]
See also[edit]

#258 Smoking Man on 11.14.15 at 4:35 pm

#236 Bottoms_Up on 11.14.15 at 2:17 pm
It is unfortunate that some people discuss carbon tax as ‘paying more’. What they fail to see is that we are already paying more–we are paying with our environment, we are paying with the future habitability of our planet, we are paying in the form of lives lost, we are paying in the form of agriculture loss and droughts, we are paying in the form of repairing and replacing infrastructure (did you know due to shore line erosion that Florida trucks in tonnes of sand to replace it?).

So the next time someone says we are “paying more” due to a carbon tax or cap and trade system, please think again.
….

It amazes me how easy it is the fk with someones mind, your side won for now…

Tinkerbell and Wynne are coming for all our money..

Al gore was worth 500 k going into white house..now he’s almost a billionaire and this bull shit hasent even started yet…

I so want to be around when you finally wake up and look in the mirror and say, how could I be so stupid.

#259 Apocalypse2015 on 11.14.15 at 4:36 pm

The astounding success of the Paris attacks, even though the stadium plan was thwarted, means that the worm has now turned and similar disruptions will be upon us on a much more regular basis.

Add this to the economic weakness already being experienced in Europe, and where on earth can they find cash to pay for even more security, more migrant resettlement?

Around the world, all the wannabe terrorists are taking notes and making plans so they can be famous too.

Canada’s economy ripe to fully tip over, now we’re talking just some months away, tops.

War in the middle east already expanding. Hatred being fomented around the globe.

Dark times are here. Will Trump’s finger be on the nuclear trigger in 14 months?

Will we even make it that far?

#260 BS on 11.14.15 at 4:40 pm

Reported one of the Paris suicide bombers came into France as a Syrian refugee in October. So what is the plan for our boy scout PM?

a senior official in Trudeau’s office said Saturday that the attacks have not changed the prime minister’s mind when it comes to ending Canada’s participation in the U.S.-led bombing mission against ISIL. The official, speaking on background, said the government also still intends to resettle 25,000 Syrian refugees.

http://news.nationalpost.com/news/canada/trudeau-plans-to-follow-through-with-plan-to-withdraw-warplanes-and-resettle-25000-syrian-refugees

Anyone want their vote back?

#261 TurnerNation on 11.14.15 at 4:42 pm

No barking dog, 4…the band escapes…wouldn’t they be a big “Western” target first?

A new kando on King West st. is nearing completion.

52 units for rent on Kijiji alone! I’m sure others on MLS and C.L.

http://www.kijiji.ca/b-apartments-condos/city-of-toronto/thompson-residences/k0c37l1700273

#262 Washed Up Lawyer on 11.14.15 at 4:50 pm

#49 Retired WI Boomer on 11.13.15 at 8:12 pm

I tend to get cranky when investment strategies are all running amok. Seems this week has been a mess.
*************************

Your neighbours in the cold apartment above you are here to reduce your crankiness. Sorry.

This nice article about Lambeau Field in the Globe and Mail will put a smile on your face.

http://www.theglobeandmail.com/sports/football/lambeau-field-home-of-the-packers-and-many-of-americas-most-loyal-fans/article27263439/

#263 saskatoon on 11.14.15 at 4:52 pm

#236 Bottoms_Up

notice how the psychologically unhinged is unable to identify with “I”?

who is “we” exactly?

we = I
I = we

pity the clueless hollowed-out psyche; it does not exist in reality.

#264 AB Boxster on 11.14.15 at 4:55 pm

#228 Bytor the Snow Dog

——————————
Yeah cuz there was no fear in Paris last night.
Just death and mutilation of innocents.

Ignorant comment.

#265 maxx on 11.14.15 at 4:58 pm

If this retardation continues, it will result in a classic case of upstairs-downstairs – Canada will be cemented as purveyor of what the rest of the world needs to create its magic, at bargain basement prices.

Pauvre Canada………….

#266 Bill on 11.14.15 at 5:02 pm

I posted some time back about the state of the markets and the risk. Garth poked fun at my bearish calls.
Well Id post a charts of the TSX but it won’t show unless you subscribe to Stockcharts..
Well nothing new. Its still sick and heading lower…maybe new lows coming as its looks to break to NEW 2 year lows… Many solid companies look like crap. By time and girth Garth it could be considered a bear market. Its never did break the downtrend to the up and that is telling us something.
The US markets flew back to the upside and broke all down trends and was looking positive…until this last week selling off nicely and back into the down trends..
I did some nibbling but only on strong looking charts that pay big DIVs…Agellen Com REIT is one and has been resistant paying 8-9 % while other got pounded…BTW much of their properties are way south and I for one like that….
I for one am sill holding ALOT of cash..We have economies that are questionable…at best.

I have been underweight maple for almost three years. Now you know why. — Garth

#267 Chris in Nanaimo on 11.14.15 at 5:17 pm

And as i suspected my Facebook feed is full of semi opaque french flag profile pics today.

Why not any Lebanon flags in profile pics? Do folks not care about the carnage ISIS caused in Beruit on Thursday? Don’t those people count?

We seem to have very selective sympathy/outrage/etc….or is this just another example of groupthink….the sheeple react to whatever the Mass media/western politicians decide to make an issue…

#268 Ralph Cramdown on 11.14.15 at 5:21 pm

#249 MF — “Heard of any Koreans bombing people lately? Me neither. This is a problem with people from the mid east. To me that’s the ugly root cause that you are hinting at and everyone is ignoring.”

It’s always so easy to tell how young (and ignorant of history) some people are here. Remember the IRA blowing things up in London and Manchester? Oh, of course not. That was 20 long years ago.

#269 Drill Baby Drill on 11.14.15 at 5:21 pm

Prime Minister Wynne made this TO island airport decision. Get ready for many PM Wynne decisions coming up. Son of Trudeau owes PM Wynne many favors.

#270 Drill Baby Drill on 11.14.15 at 5:25 pm

The people of France have been regretting their immigration decisions for a few decades now. Their are entire neighbourhoods were the Paris police will not even enter due large populations of activist/radical muslims.

Link? Or did you make that up? — Garth

#271 Bby604 on 11.14.15 at 5:26 pm

#180 liquidincalgary on 11.14.15 at 4:10 am
well, i wonder if Trudy Jr will re-think bringing home the bombers?

turn the place into a glass parking lot, then, anything left that glows in the dark…shoot it.
—————
Yep level it all. 20 years, trillions of dollars ,thousands and thousands killed or maimed , Hostages beheaded on video and more innocent bystanders killed going about their daily lives , what a mess coaltion governments have created and there is no way out now. Like Isis says itll never end and with millions of refugees swarming trough Europe don’t tell me Isis is not going to take advantage of canada rolling out the red carpet , justin would rather look cool and trendy to cbc then put Canadians lives and families first. This will not end well

#272 Nagraj on 11.14.15 at 5:38 pm

One of the reasons I click on The National Post is to see if Postmedia is still in business. Well whaddayaknow, they is still in business, and I loved this: “Lenders tighten screws on Canadian energy companies as vicious cycle of cost-cutting . . . ”

c-r-r-r-i-ck
“Ow ow ow ow ow! Stop! Please stop! Please!”

c-r-r-r-i-ck
“Aaaaaauuuuugh!”

c-r-r-r-i-ck
“MAMA!”

The thumbscrewer lenders are of course demonic agents let loose by the Almighty upon those who willfully ignored His purpose in creating what we know as The Prairie Provinces.
You can read all about it in the Genesis chapter of the Old Upanishads: “Thou shalt grow wheat and cows. Period.”

And there’s a lesson here for Porter Airwhatever, eh?
“Blessed be the rum runners for I shall have builded them an island close to Muddy York.” ANYTHING on Tronna Island (other than caches of hard Yankee lickor) is guaranteed trouble. If yas materially obsessed Commonsensers knew jest a bit more about why Canada was invented, you’d all be less confused.

Verily.

#273 the easter bunny on 11.14.15 at 5:42 pm

257 bdy sktrn

You have been brainwashed to believe in suicide bombers.
Turn off your television

#274 Retired WI Boomer on 11.14.15 at 5:45 pm

#262 Washed Up Lawyer

Good article, good therapy. Got my mind off of the lousy numbers….. Bloody week on the markets, unfortunately even bloodier in Paris last night. Tragic news.

We still don’t have all the facts on this one yet.

#275 bdy sktrn on 11.14.15 at 6:01 pm

#268 Ralph Cramdown on 11.14.15 at 5:21 pm

It’s always so easy to tell how young (and ignorant of history) some people are here. Remember the IRA blowing things up in London and Manchester? Oh, of course not. That was 20 long years ago.
————————
ira? total slackers.

islamist fundies get more action in 2 months than 40 years of ira bombings combined.

#276 bdy sktrn on 11.14.15 at 6:04 pm

#273 the easter bunny on 11.14.15 at 5:42 pm
257 bdy sktrn

You have been brainwashed to believe in suicide bombers.
Turn off your television
———————————-
dont have cable
only watch the national.
they are trudy fans, you know ‘hug a bomber’

#277 maxx on 11.14.15 at 6:09 pm

#10 Johnny on 11.13.15 at 7:01 pm

“But in a free society why should the citizens pay to float a company with poor management practices. no win for anyone but the executives.

24,000 employees. — Garth”

….and pensioners.

#278 Robert on 11.14.15 at 6:20 pm

Hmmm, I wonder where we’ve heard this before? http://www.haaretz.com/blogs/david-s-harp/.premium-1.610325

#279 Mf on 11.14.15 at 6:21 pm

268 Ralph Cramdown on 11.14.15 at 5:21 pm

Ira = geopolitical terrorism with clear definable objective.

Paris bombings = religious extremism with no clear objectives.

You tell me which one is more dangerous and harder to stop.

By the way I’m pretty sure World War II ended more than 20 years ago.

Mf

#280 AB Boxster on 11.14.15 at 6:25 pm

#270 Drill Baby Drill

Link? Or did you make that up? — Garth
————————–
No idea if this is a radical nutjob site or not, but here the first link I could find:

http://www.gatestoneinstitute.org/5128/france-no-go-zones

Some info about this group in wikipedia:
https://en.wikipedia.org/wiki/Gatestone_Institute

If the details on this site are accurate then France is not great example of a successful immigration strategy.

#281 paul on 11.14.15 at 6:34 pm

#270 Link
http://news.investors.com/ibd-editorials/010815-733901-america-ushers-in-islamic-immigrants-while-france-pulls-up-welcome-mat.htm

#282 Smoking Man on 11.14.15 at 6:43 pm

So amped Meatloaf in one hour 39 minutes.

Bat out of hell…

Wife’s favorite…paradise by the dash board light.
Brings back real memories…..

Why did I make that deal?

#283 Ralph Cramdown on 11.14.15 at 6:45 pm

#275 bdy sktrn — “ira? total slackers. islamist fundies get more action in 2 months than 40 years of ira bombings combined.”

But they don’t yet understand terrorism. It isn’t sawing somebody’s head off or co-ordinating a combined, grand gesture attack. It’s a bunch of little stuff. When somebody ahead of you tosses an empty drink cup into a trash can, and you don’t like the look of it, so you retreat and call the police, and they close off the street and spend 2 hours to discover that it was innocent, and that happens a few hundred times a year, and tourists stop coming… That’s a successful campaign. When somebody can call the police, mention a codeword, and get a building evacuated or a transit line shut down for a bomb sweep, they’ve got something. These grand gesture pikers aren’t weakening average citizens’ resolve as a successful campaign ought to: They’re strengthening it.

#284 Tony on 11.14.15 at 6:55 pm

Re: #262 Washed Up Lawyer on 11.14.15 at 4:50 pm

The same bias that has been in the markets for years is still there. Even if the bias is small it’s still there. Monday to Wednesday tends to trade in tandem. Thursday and Friday tend to trade in tandem. If the market flip-flops it will usually be from the close Friday to the open Monday or from the close Wednesday to the open Thursday.

#285 For those about to flop... on 11.14.15 at 6:57 pm

http://images.remax.ca/remaxphotos/WP/ID1290192890.jpg

This place is a five minute walk from my place.It is on a busy street and was only on the market for a couple of days before being snapped up.
Fraser St,Vancouver .

#286 For those about to flop... on 11.14.15 at 7:02 pm

Sorry for those interested ,they were asking 1.2 million and I guess in this market it went for more.

#287 45north on 11.14.15 at 7:10 pm

God bless Trudeau for stopping air strikes against Syria.This act alone may stop a terrorist attack against Canada like what happened in Paris. Its very disturbing and freightening that Canada will allow thousand of refugees into our country. How much money will cost taxpayers money,billions of dollars.France needs our prayers and needs to allow no more refugees.

1930 called and wants its telegraph stations back

#288 Rotten Lies from Small Minded Liberals on 11.14.15 at 7:15 pm

DELETED

#289 family beagle on 11.14.15 at 7:29 pm

#188 David McDonald on 11.14.15 at 8:53 am
I wonder how the terrorists in France got hold of such an arsenal of lethal weapons? The terrorist in the train who was stopped by American soldiers on holiday was similarly well equipped. What is the source of these weapons-Belgium?

In Canada the question would have an easy answer. Just drive south and pick up whatever you need. Crossing the border would be the only risk. I hope Canada customs raises its threat level.

….

That’s an incredibly naive statement and I wouldn’t know where to start. I recommend you read the firearms act, the wildlife act, and the municipal bylaw of your community. Then lookup the management unit you live in and confirm the seasonality of all of the above. Lastly, anything can be made into an automatic, including cars, however automatic firearms are prohibited in US and Canada. The 7.62mm x 39 ammunition used in the AK is not, and the projectile is slightly larger than a .22 caliber with more velocity. A semi-automatic AK a non-restricted firearm and available in Canada as long as the owner has valid PAL certification. However, grandad’s 12 gauge is pound for pound, the most dangerous weapon after alcohol, automobiles and knives. Are you digging it?

#290 TRT on 11.14.15 at 7:30 pm

Trump rocketing up in Polls after 1 day.

Wall at Canadian Border is now a possibility.

#291 TRT on 11.14.15 at 7:34 pm

Why you spreading False info? There are no such areas. Ethnic ghettos yes, but not no go zones.

http://www.bloomberg.com/news/articles/2015-01-14/debunking-the-muslim-nogo-zone-myth

——————————————————————–
Drill baby Drill said:

The people of France have been regretting their immigration decisions for a few decades now. Their are entire neighbourhoods were the Paris police will not even enter due large populations of activist/radical muslims.

Link? Or did you make that up? — Garth

#292 Smoking Man on 11.14.15 at 7:38 pm

Time to buy weapons, don’t think the state is capable of protecting us…

#293 NoName on 11.14.15 at 7:43 pm

#257 bdy sktrn on 11.14.15 at 4:32 pm

right on the money, problem comes from SA everione knows that, but “everyone” keeps turning a blind eye.

https://freedomhouse.org/report/special-reports/saudi-arabias-curriculum-intolerance#.VWGehE-8PGc

and this who goes around, eventually will come around.

http://original.antiwar.com/hallinan/2015/11/13/the-saudis-are-stumbling-they-may-take-the-middle-east-with-them/

#294 For those about to flop... on 11.14.15 at 7:45 pm

#58 Ontario’s Left Coast on 11.13.15 at 8:19 pm
Another day, another drop on the TSX and even worse on the Dow. Here’s hoping for some kind of Santa Rally next month, although the fundamentals would suggest we are undeserving.

I had to laugh at the BOC commentary today saying there will only be a soft landing with Canadian real estate values. Sounds kind of warm and fluffy, doesn’t it? It’s hard to sell carnage to the masses. Happy weekend to all, even Freedom First!
////////////////////////////////////////
Hey OLC are you leaving the Rat Pack?
That only leaves me with Broke Dick and Common Sense as men among thieves .Maybe I’ll have to recruit Tundra Pete or one of the fifteen Chris’s on this blog.

#295 espressobob on 11.14.15 at 7:50 pm

When it comes to individual stocks, look out below!

https://ca.finance.yahoo.com/q/bc?s=BTE&t=5y

https://ca.finance.yahoo.com/q/bc?s=TCK-B.TO&t=5y

Somehow the performance of the major indices don’t seem so bad, compared to these former sweethearts. Garth did warn most.

http://www.bloomberg.com/markets/world

On a different note, I’m sure our hearts go out to the victims of the Paris attacks. Man is that SICK!

#296 Drill Baby Drill on 11.14.15 at 8:07 pm

http://www.breitbart.com/national-security/2015/01/22/inside-frances-sharia-no-go-zones/

#297 Drill Baby Drill on 11.14.15 at 8:32 pm

#291 TRT
Please wake up and get informed also I can’t wait for your description on how they will physically build a wall between the US and Canada.

#298 Smoking Man on 11.14.15 at 8:33 pm

We all have a paradise by the dash board light in our history..

http://dyslexicsmokingman.blogspot.ca/2015/11/meatloaf.html

After 34 years still holding hands with the hag at the show, actually she quite attractive..it’s her sole that has issues..

I made a deal with the devel way back when…show
Meatloaf still has attitude….

Ya

#299 TurnerNation on 11.14.15 at 8:34 pm

Someone asked where are the shaky cell phone videos of what happened? From anyone? We’ll never know..but it seems they’ve solved it by the next day. It’s not passing the smell test.
I fear for my freedom, from the new laws which will come. I will however live my life unchanged as I don’t watch TV and avoid international “news” as believe 80% of it is nonsense fed by those with interests contrary to mine.
They want war they always get it – as we are its targets. :(

But the world is being engineered right now, nothing but nothing is being left to chance.

#300 crossbordershopper on 11.14.15 at 8:38 pm

when is Trudea scheduled to give the little people of Hamilton more in child tax benefit, this is the important stuff. Yes terrrorists are bad, stay there, but when your poor in Hamilton, you have to wait for your next cheque.
poverty in Canada really sucks, its because you are blasted with consumerism every day and cant buy, if i was in romania or somewhere i would be ok, no temptation to buy stuff i cant buy.

#301 the tooth fairy on 11.14.15 at 8:59 pm

I’ve heard of sleep walking but sleep typing? people
wake up, we need you, Paris is false flag

I give Jr. one week to throw millions of dollars at the fight against fake terrorism

Fake? You disgust me. — Garth

#302 TurnerNation on 11.14.15 at 9:06 pm

Smoking man no that will not be needed. Canada will be fine, we are offering no resistance. Business as usual.

#303 espressobob on 11.14.15 at 9:12 pm

“Poverty in Canada really sucks”

It’s unfortunate for some to realize that ones situation is the direct result of their own decisions.

The idea is to educate oneself to a level that supports their lifestyle. Sympathy? Who said anything comes easy?

Cry me a river.

#304 45north on 11.14.15 at 9:34 pm

TurnerNation: I will however live my life unchanged as I don’t watch TV and avoid international “news” as believe 80% of it is nonsense fed by those with interests contrary to mine.

we’ll call you TurnerYourBack

#305 conan on 11.14.15 at 9:36 pm

Crowds noticeably lighter tonight in my local shopping malls.

France prides themselves on their homeland security. They also have a language advantage over NA since Algeria has been in their fold for centuries.

The French had no idea this attack against Paris was being planned. Intercepting emails and web posting habits mean nothing if everyone is talking in code.

This is an attack against everyone who believes in Western civilization.

Prayers for France.

#306 family beagle on 11.14.15 at 9:39 pm

#290 TRT on 11.14.15 at 7:30 pm
Trump rocketing up in Polls after 1 day.

Wall at Canadian Border is now a possibility.

…..

Awesome, the wall, there will be employment for years to come. I volunteer to help with section over the cathedral lakes, the spine tingling vistas are real eye candy. I was wondering when Canadians would consider building it.

#307 Smoking Man on 11.14.15 at 9:43 pm

#299 TurnerNation on 11.14.15 at 8:34 pm
Someone asked where are the shaky cell phone videos of what happened? From anyone? We’ll never know..but it seems they’ve solved it by the next day. It’s not passing the smell test.
I fear for my freedom, from the new laws which will come. I will however live my life unchanged as I don’t watch TV and avoid international “news” as believe 80% of it is nonsense fed by those with interests contrary to mine.
They want war they always get it – as we are its targets. :(

But the world is being engineered right now, nothing but nothing is being left to chance.


I never bought the parliamentary shooter. The guy who took him down….NutAndYahoo loves him..

But hey I’m insane, can get away with those wacko comments.

#308 Drill Baby Drill on 11.14.15 at 9:49 pm

If you think the internal gyrations on our upcoming welcoming (?) of the new Syrian/Canadians has the potential to rip a hole in our national fabric please read what is being discussed in Europe today.

#309 Drill Baby Drill on 11.14.15 at 9:52 pm

The US / Canada wall construction will be world famous why with the new techniques required for crossing the rocky mountains at Montana and Washington state and the one thru Lake Superior especially the automatic door openings for the 1000 foot freighters.

#310 45north on 11.14.15 at 10:00 pm

Beagle: I volunteer to help with section over the cathedral lakes

I looked it up. It looks like it would be impossible to walk the border.

#311 TRT on 11.14.15 at 10:04 pm

Drill Baby:

Why you blaming the ethnic group? They are just following rules made by politicians (which aid Multinationals) in western countries. If they know western political/business interests will accept ‘refugees’, then they will come that way to improve their lot in life.

Maybe direct blame at the Political machine. Someone must show accountability in France.

Otherwise, it’s all a farce.

#312 TRT on 11.14.15 at 10:05 pm

The wall will be built with ink.

#313 Smoking Man on 11.14.15 at 10:08 pm

Lots of gilfs here I would do if I had a brain.. meat loaf concert..

But when I was 17 had a thing for 25 year olds

I haven’t changed much…

This love trap I’m imprison with…

Damn… it’s a cage thing.. I want be free ..

https://youtu.be/WUOtCLOXgm8

#314 family beagle on 11.14.15 at 10:12 pm

#310 45north on 11.14.15 at 10:00 pm
Beagle: I volunteer to help with section over the cathedral lakes

I looked it up. It looks like it would be impossible to walk the border.

Yeah. Perhaps we should start along Zero Ave in Abbotsford, where the border security is a plaque, some chickadees, and a cow.

#315 New paradigms on 11.14.15 at 10:15 pm

We are in a new paradigm. The ending of QE is de facto monetary tightening. Therefore, we are coming up to 2 years in the tightening cycle. The poor economy will be augmented by lowering rates into 2017.

Returning to QE in 2017 will be de facto monetary easing.

rates are not going up in dec.

Interest rates are going negative.

#316 BG on 11.14.15 at 10:45 pm

#270 Drill Baby Drill on 11.14.15 at 5:25 pm
The people of France have been regretting their immigration decisions for a few decades now. Their are entire neighbourhoods were the Paris police will not even enter due large populations of activist/radical muslims.

Link? Or did you make that up? — Garth
—————————————————————–
Regretting immigration decisions? Absolutely true even if not politically correct.

No-go zones though are a slight exaggeration.
The truth is that there are zones where Police will be very careful and get stuff thrown at them regularly. Sometimes just rocks, sometimes junk dropped from roofs.

Young people in these areas (often housing projects – “cités”) have a sense of who’s from there and who’s not, and can be quite hostiles to the latter.

Since these areas are poor and filled with immigrants and their children, they tend to have a lot of Muslims. Do they impose Sharia Law? I have never seen that and I would be very surprised. But these are definitely areas that will have some kind of Muslim feel, which can be overwhelming, especially to foreigners.

A lot of people in there, never really integrated to the French society. They rather formed some kind of new subculture, which Islam is part of to a varying degree depending on individuals.
For example, “swearing on the Quran” is very common way of saying “for real” in spoken language, even for non-Muslims.
Women in these area will be easily and openly called out if they dress liberally.
You will find more mosques in these areas, more Halal food stores, etc.

But at the end of the day, poverty, exclusion, crime and youth unemployment are the real causes of problem in these areas. Throwing Islam in the mix only gets thing worse, but I would not say Islam is a root cause.

#317 Drill Baby Drill on 11.14.15 at 10:54 pm

France has very weak leadership. Current President said a lot of tough words last night but they were the same words he stated after the Charlie Hebdo massacre last January as well. Watch for Le Pen rising in the polls very quickly. The reason for Le Pen rising is because the people in France realize that weak leadership will not combat this threat. Years of tough anti muslim extremist pushback is about to take place in France.
I really hope Canada is taking notes.

#318 lee on 11.14.15 at 11:05 pm

To the guy who says Friday was fake terrorism, why don’t you walk down a street in Syria holding an American flag and see what happens.

#319 TurnerNation on 11.14.15 at 11:52 pm

45north I am fully aware the world runs on violence not democracy. Well aware of good and evil and trust both of them to do exactly what they say.

I remember when 19 people allegedly chaged the world while only news helicopters where scrambled to film it. Do you? I also am wary of events which seem made for TV or social media. One tweet of alledged responsibility and we invade?

Now back to home..that Hydro one IPO raised billions. I will bet we’ll not see a cent of it. It’s all earmarked for debt and overseas.

#320 Mocking Sam on 11.14.15 at 11:54 pm

Bombardier can’t even build Toronto street cars in a reasonable amount of time. Why would anyone believe that they can produce new jet airliners for Porter? This seems more like a rational business decision than a government conspiracy.

http://www.cbc.ca/news/canada/toronto/ttc-bombardier-lawsuit-1.3293180

You seriously wrote that? — Garth

#321 TurnerNation on 11.15.15 at 12:03 am

To add I don’t toss around a powerful term like ‘violence’ without throught.
When you violate someone’s space you wish to scare them into giving up something: money/time or freedoms or have them worship you. In other words mind, body, or soul . That’s it that’s all we have to give.

Now, seemingly random armed men can do this on an ad hoc basis. Our leaders can accomplish this permanently. See our #1 trading partner China. A brutal place. I don’t see our leaders meeting to solve this issue? Why, their model works so well.

I cannot change the system only own my own set of beliefs.

#322 Ontario's Left Coast on 11.15.15 at 12:19 am

#294 For Those About to Flop – Hey OLC are you leaving the rat pack?…

No, I’m still a card-carrying member but I do regret some of the tone here over the last week (mine included). I’ll be back in fighting shape in no time. Rock on and keep the great posts coming, I really enjoy the perspective…

#323 Sheik Yerbouti on 11.15.15 at 12:26 am

Condolences to all victims, and loved ones due to this unspeakable tragedy.

Unfortunately this is the new normal and society will evolve accordingly.

The new normal will be the creation of exclusive physical spaces like gated communities consisting of like minded similar people who have been accepted into the club. This is already happening in cyberspace with facebook, etc. Heavily armed security will patrol the perimeter to keep outsiders out. Public spaces will be anarchical areas filled with new immigrants, homeless, or anyone who cannot get access to a club. There will then be purgatory like semi-safe zones for people who are still awaiting admittance to one of the clubs…..where is Orwell when you need him to complete this ….could have been a good sequel to 1984.

#324 Sheik Yerbouti on 11.15.15 at 12:29 am

I should have also added that thought police will patrol from within to ensure that no dangerous thought is taking place…a strange mix of PC, Minority Report, and 1984. The media will go the way of the US with partisan offering will the airwaves, web, like Fox News….globalization will in fact result in the microcosm-ization of likeness of thought….

#325 Sheik Yerbouti on 11.15.15 at 12:49 am

#249 MF on 11.14.15 at 3:50 pm
#243 SWL1976 on 11.14.15 at 3:09 pm

There was heavy western military involvement in Asia as well.

Vietnam, Korea, WW 2.

Heard of any Koreans bombing people lately? Me neither.

This is a problem with people from the mid east. To me that’s the ugly root cause that you are hinting at and everyone is ignoring.

MF”

You picked the wrong example unfortunately. The simple answer is that the ROK and DPRK are still technically and legally at war…..only a ceasefire is in place since the end of the Korean War….little threat of the kind of terrorism a la Paris, just the threat of total nuclear annihilation and WW3……next……

#326 For those about to flop... on 11.15.15 at 1:13 am

#322 Ontario’s Left Coast on 11.15.15 at 12:19 am
#294 For Those About to Flop – Hey OLC are you leaving the rat pack?…

No, I’m still a card-carrying member but I do regret some of the tone here over the last week (mine included). I’ll be back in fighting shape in no time. Rock on and keep the great posts coming, I really enjoy the perspective…

///////////////////////////////////////////
What I was getting at is how friendly you were being with our little buddy FF,I was only messing with you.
With events in Paris it is a time for reflection and I wouldn’t beat myself if I was you.There would hardly be a person on here that hasn’t submitted something that didn’t come out quite as intended.
Enjoy the rest of your weekend.

#327 Kreditanstalt on 11.15.15 at 1:20 am

Do we really want more jobs for engineers, technicians and tradesmen?

All you get with that is: a few ridiculously overpaid logging truck drivers, helicopter mechanics, oil grunt roughnecks, technicians, etc., with all the money and toys.

Along with the rest of us penniless peasants…

Get the damn governments out of the marketplace, slash property taxes, rescind half of local bylaws, abolish “minimum wages” and cut government size and spending ability and you MIGHT start to get some vibrancy back.

#328 OXI in GREECE !! on 11.15.15 at 1:45 am

#164 For those about to flop… on 11.14.15 at 12:57 am
#155 OXI in GREECE !! on 11.13.15 at 11:46 pm
Nope….no censorship here.

Your comment about the mass executions tonight was tasteless. Go away. — Garth
////////////////////////////////////////////

Geez all I did was crack a joke about Justin Trudeau and I get lumped in with this nutbar ,thanks for nothing!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Speak for your self “Whoopsie Daisies”….I mean Floppy….

#329 chapter 9 on 11.15.15 at 2:32 am

The attacks in Paris are an act of war. Radical Islam/Islamic Ideology is a cancer spreading across Europe. Until our politically correct media and gutless politicians call it for what it is this war will not be limited by geography. Justin Trudeau will be bringing this cancer to Canada by the thousands. It will be only a matter of time when the world will be watching barbaric and brutal killings on our streets.

Fear monger and generalize much? — Garth

#330 cynically on 11.15.15 at 4:34 am

To #317 – it wouldn’t matter if Canada had strong leadership because it has a weak electorate and any Isis terrorists’ principal target would be the US.

#331 Herb on 11.15.15 at 8:09 am

#318 Lee,

good point, but don’t stop your questioning there. The Stars&Bars flag design isn’t that bad, so why do you suppose the flag and its bearer would be beaten up, if not burned?

Sorry, that line of questioning leads to “root causes”, and these are much reviled in the practice of politics and its “continuation by other means”. On the other hand, you can’t win a war if you don’t understand what it’s about. (See Korea I, Vietnam, Iraq I and II, Afghanistan – and whatever we are going to call Syria and/or ISIL.)

#332 SWL1976 on 11.15.15 at 8:35 am

#249 MF

#243 SWL1976

There was heavy western military involvement in Asia as well.

Vietnam, Korea, WW 2.

Heard of any Koreans bombing people lately? Me neither.

This is a problem with people from the mid east. To me that’s the ugly root cause that you are hinting at and everyone is ignoring.

MF

——————————-

I case you haven’t noticed the war on terror purposely has no end in sight. This is no mistake. This mess has just gotten started

Your generalization towards people of the middle east is rather disgusting

#257 bdy sktrn – Perhaps with your list of bombing in Iraq you could add a little history for us…

What has been going on there over the last decade???

Why were they invaded???

Petrol-dollar or 9/11???

Either way Iraq was subject to an unjust war and was left a disaster to deal with

You might enjoy a blog post I did that discusses up your beloved news broadcast

http://www.realitynext.ca/new-reality/

Your ignorance shows

#333 crowdedelevatorfartz on 11.15.15 at 9:31 am

@#329 Chapter 9
Once again your sensationalist, paranoid ramblings prove that your name should be changed to “Section 8”

#334 Carly in Cabbagetown on 11.15.15 at 9:36 am

Some early thoughts and possible lessons from Paris:

Muslim’s make up about 8% of France’s population.

But they are 70% of France’s prison population.

Where else have we seen trend lines like that?

Sounds a lot like African-Americans in the USA, doesn’t it?

Or First Nations people in Canada?

(Of course our collective racism, to which most of us Canadians remain blind, has been fairly efficient, keeping Native people geographically isolated from the rest of us, less threatening, for now. Out of sight, out of mind. If Native young males were to become terrorists, the rest of the world would likely say it was inevitable, given our historical treatment of them, especially the recent abominable racism and misogyny of Stephen Harper towards First Nations peoples. Such hatred, such evil. Such wilful ignorance.)

Muslims in France have almost no job prospects and no hopes.

A lot like many Blacks and First Nations people.

Like Harper wanted to do, France has restrictions on head coverings. The Muslim population is isolated socially, segregated physically.

What would you do if you were a hopeless young male in such circumstances? Who would you turn to? For answers, for at least some kind of theory about why this was all happening?

You can see, even on this blog, how many awkward and isolated men, even those who have money, end up turning to specious remedies, conspiracy theories, collective hatred of certain ethnicities and genders, in order to feel some sense of belonging, however strange that may be.

Imagine people feeling those sensations, without the money or full-time internet access, but with access to friends in the real world, weapons, and moral support. While everything else in their world tells them they don’t matter. Religion offers an escape for them, just as it has for other groups throughout history, even if it’s a distorted view of a religion.

It’s too easy to point fingers and say how bad someone else is.

Better to consider, “there but for the grace of……”

The increasing divide between rich and poor, with no justifications but greed and condemnation of those who have ‘failed to adapt’, puts us at increasing risk of these types of events becoming regular things here.

Future historians would say, well of course, it was inevitable, how could we be so stupid?

Wealth inequality threatens everything.

Yes, even including those precious shares.

#335 Dee Programed on 11.15.15 at 9:47 am

DELETED

#336 For those about to flop... on 11.15.15 at 10:02 am

#328 OXI in GREECE !! on 11.15.15 at 1:45 am
#164 For those about to flop… on 11.14.15 at 12:57 am
#155 OXI in GREECE !! on 11.13.15 at 11:46 pm
Nope….no censorship here.

Your comment about the mass executions tonight was tasteless. Go away. — Garth
////////////////////////////////////////////

Geez all I did was crack a joke about Justin Trudeau and I get lumped in with this nutbar ,thanks for nothing!
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Speak for your self “Whoopsie Daisies”….I mean Floppy….
//////////////////////////////////////////
One of us comes here to spew vitriol and the other one is me.

#337 gulnar on 11.15.15 at 10:03 am

30%cheaper tickets. Really.
Since when you started selling the dreams.
Canadian monopolizing system would have never let that happen.
Also bombardier failure has little to do with Porter.
This guy paid 45 million for the rights and now has, 600million line of credit on that facility.
Let us build smaller airports to bring down ticket prices like it happens in USA.

#338 gulnar on 11.15.15 at 10:11 am

Too much being said about
Violence.
USA and Russia are playing their game of thrones.
Syrian refugees are mostly innocent people.
Democratically we should get a vote from refugees and ask them who they want in power before they go back their homeland.
Waiting to see what liberal government says now.
May be admitting only widows and children will complete the 25 k quota

#339 MF on 11.15.15 at 10:44 am

#253 Bytor the Snow Dog on 11.14.15 at 4:05 pm

People of ALL religions and groups are affected by this. PC be damned.

#324 Sheik Yerbouti on 11.15.15 at 12:29 am

Lol the scenario you described reminds me of Children of Men starring Clive Owen.

I clearly watch too many movies.

#332 gulnar on 11.15.15 at 10:11 am

“Syrian refugees are mostly innocent people.”

Mostly? We need to make sure they are all innocent.

MF

#340 For those about to flop... on 11.15.15 at 10:56 am

#331 Herb on 11.15.15 at 8:09 am
#318 Lee,

good point, but don’t stop your questioning there. The Stars&Bars flag design isn’t that bad, so why do you suppose the flag and its bearer would be beaten up, if not burned?

Sorry, that line of questioning leads to “root causes”, and these are much reviled in the practice of politics and its “continuation by other means”. On the other hand, you can’t win a war if you don’t understand what it’s about. (See Korea I, Vietnam, Iraq I and II, Afghanistan – and whatever we are going to call Syria and/or ISIL.)

Hey Herb,what are we going to call Syria and or isil?
I’m going with “The Perpetual War”.
As I said yesterday I hope I am wrong.

#341 salonist on 11.15.15 at 11:12 am

Canadian immigration by religion, 2005-2011
http://news.nationalpost.com/news/canada/survey-shows-muslim-population-is-fastest-growing-religion-in-canada
Canadian prison population by religion..extrapulated
http://terahertzatheist.ca/2012/10/04/whos-in-jail-in-canada/

#342 liquidincalgary on 11.15.15 at 11:41 am

#234 Rexx Rock on 11.14.15 at 2:13 pm

God bless Truedeau for stopping air strikes against Syria.This act alone may stop a terrorist attack against Canada like what happened in Paris

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

so…the terrorists win.

good for you and Trudy Jr

#343 NoName on 11.15.15 at 11:52 am

#338 gulnar on 11.15.15 at 10:11 am

I am not some insensitive a$$, but that is exactly worst out of all choices.
I would like to add that, I do read books occasionally, so I believe that I know what I am talking about.

#344 SWL1976 on 11.15.15 at 12:06 pm

#342 liquidincalgary

#234 Rexx Rock

God bless Truedeau for stopping air strikes against Syria.This act alone may stop a terrorist attack against Canada like what happened in Paris

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

so…the terrorists win.

good for you and Trudy Jr

————————————-

Root cause analysis is definitely not your forte’

What exactly did the they win?

You should check out the link I posted above that shows the Harper government, as well as Canada’s connection to ISIS and tell us what you think???

Terrorists use terror to achieve their ends, one of which is horrified pacifism on the part of their opponents. Is it working? — Garth

#345 Zero Tolerance on 11.15.15 at 12:22 pm

#291 TRT
Have you ever been to France? Many of these Ethnic Ghettos are evolving into mini-states.

Garth.. many MSM links on both sides of this debate.. spin, spin, spin

——————————–
#291 TRT on 11.14.15 at 7:34 pm
Why you spreading False info? There are no such areas. Ethnic ghettos yes, but not no go zones.

http://www.bloomberg.com/news/articles/2015-01-14/debunking-the-muslim-nogo-zone-myth

#346 The Other Chris on 11.15.15 at 12:24 pm

I can’t believe some of the posters above claiming this was some kind of conspiracy because first-person cell phone videos weren’t posted quickly enough.

Give your head a shake. There are dozens of first-person cell phone videos online now, some very, very chilling and horrifying.

If Trudeau continues on with his policy to import first, do security checks later, he’s done for. There’s no way I can ever support that now.

#347 SWL1976 on 11.15.15 at 12:36 pm

Terrorists use terror to achieve their ends, one of which is horrified pacifism on the part of their opponents. Is it working? — Garth

I disagree.

I would be the first person to stand up and fight for what is right. I am no coward. However, I do not agree with perpetuating unjust war or unjust acts of terror.

The events in Paris were indeed acts of terror, but war is terror, so who has the right to justify acceptable and unacceptable acts of terror?

So, your answer is ‘yes’? — Garth

#348 bdy sktrn on 11.15.15 at 12:42 pm

#257 bdy sktrn – Perhaps with your list of bombing in Iraq you could add a little history for us…


Either way Iraq was subject to an unjust war and was left a disaster to deal with
—————————————
good point, iraq was a bad example.

i should have used any other of the countries in the region that is also populated and governed at least in part by radical, barbaric, backwards, women hating (cutting,shooting,killing, acid throwing) savage, disgusting religious animals.

here’s a bigger list from a country sans war/western invasion but one which follows muslim ways.

you ignorant child.

pakistan – one year.
January – March 2013[edit]
January 1 — Malik Mukhtar Hussain, was a prominent licensed organizer of Shia processions and majalis in Chiniot. He was gunned down in an Imambargah on 31 December 2012 by six armed men. After few days, an injured 16 years old Moazam Ali martyred. He was admitted at local hospital[2][3]
January 1 — A bomb mounted to a motorcycle exploded near Ayesha Manzil in Karachi after the address of MQM by Dr. Tahir-ul-Qadri, killing four people and injured more than 45.[4][5]
January 4 — Haider and Jamal, twin brothers, were going to the university on January 2, 2013 when unknown gunmen attacked them. Haider Lateef Qadri, who along with his twin brother Jamal Jafar Qadri, had suffered gunshot wounds died at a private hospital on Friday. His brother (jamal) had expired on the spot. The 20-year-old BCom student and his brother were attacked by two motorcyclists at the intersection of Mirza Adam Khan Road in Agra Taj Colony. Haider had been under treatment for three days. The motive behind the attack remains unclear.[6][7]
January 9 — A private school owner was shot dead in North Karachi in what police described as a ‘sectarian’ attack on Wednesday morning. Engineer Syed Ali Hyder Jafri, a 48-year-old shia muslim, was shot dead in Sector 11-A, North Karachi, after he dropped his wife to a campus of their school, said an official at the Sir Syed police station. “It was surly a sectarian killing considering the ongoing spate of the killings in the city,” the SP said.[8][9] Another incident took place in Peshawar when Pakistan Peoples Party (PPP) president for Kurram Agency Dr. Riaz Hussain was gunned down in Dabgari Garden near his clinic. He belonged to an influential Sadat family of Parachinar and had much influence over Shia Muslims in the province.[10] Zawar Shah, a Hazara Shia Muslim, was targeted outside his shop on Seerat Chowk, Khuzdar, Balochistan. He is a resident of Quetta and, according to reports, that’s where his body is being taken.[11][12]
January 10 — Four bombings in Quetta and the Swat Valley killed over a hundred people and injured an estimated 270. Many of the casualties were caused by the second blast as police and media rushed to the scene. The bombed area is predominantly Shia Muslim. The banned Sunni group Lashkar-e-Jhangvi (LeJ) claimed responsibility for the attack in a predominantly Shi’ite neighborhood where the residents are ethnic Hazara.[13][14][15][16]
Main article: January 2013 Pakistan bombings
January 23 — Five people were killed and 3 injured in a blast in Orakzai Agency.[17]
January 24 — At least six people including three policemen were killed and seven injured after twin blasts in Karachi.[18]
January 30 — At least 3 people were killed and 4 injured in a blast outside a commercial plaza in Karachi at night.[19]
January 31 — Two polio vaccination doctors died in a roadside bomb blast in Waziristan on their way to Khurram.[20]
February 1 — A suicide blast killed 19 people and wounded 45 in a market targeting Shias outside a mosque in Hangu.[21] The death toll was reported variously above 20 and up to 24.[22][23][24]
February 7 — A policeman was killed and five other were wounded in a bomb attack targeting a police van in Karachi’s Orangi Town.[25]
February 8 — A bomb exploded near a marketplace in Kalaya, Orakzai, killing 16 people, and Baloch militants fired rocket-propelled grenades, killing one soldier and sounding five others in Turbat district, Balochistan.[26]
February 11 — At least six persons including an Assistant Sub Inspector were killed on Monday in various target killings in Karachi.[27]
February 14 — Seven people died in a blast at a police checkpoint in Hangu.[28] Later the toll rose to 11.[29] Then seven militia men were killed in a bomb attack on an anti-Taliban tribe.[30] Two passenger vehicles were struck by landmines killing 9 people near Hassan Khel, Orakzai region.[31] At least six suicide bombers were killed while attacking a police station outside Bannu.[32]
February 16 — Pakistani police have said 83 people killed on Saturday, saying a suicide bomber was behind the attack that pulverized a busy marketplace in Quetta.[33] The death toll rose to 91 after two days.[34]
Main article: February 2013 Quetta bombing
February 17 — Eight people were killed in target killings in Karachi on Sunday, Dawn reported the next day.[35]
February 18 — gunmen in police uniforms attacked the compound of a senior government official killing four security guards were killed in Peshawar. Two explosions occurred.[36] Eight more people died in targeted killings in Karachi.[37] Two blasts in Karachi injured at least two people.[38] In a separate incident, prominent Professor of Vitreoretinal Surgery, Dr. Syed Ali Haider and his 11-year-old son, Murtaza, were shot dead, while on the way to Murtaza’s school. It is suspected that the attacks were carried out by the banned Sunni extremist group, Lashkar-e-Jhangvi (LeJ).[39][40]
February 26 — A police official says a blast at a Sufi shrine in southern Pakistan has killed two people.[41]
March 3 — A powerful explosion ripped through a crowd of Shiites as they left a mosque in Karachi, Pakistan’s largest city, on Sunday, killing at least 45 people.[42]
Main article: March 2013 Karachi bombing
March 9 — A blast happened in the Jamia Chishtia mosque during Zuhr prayer in Peshawar, killed four at board and at least twenty seven injuries. Bomb was detonated in the walls of mosque.[43]
March 11 — A suicide bomber blew himself up near a police van in northwestern Pakistan on Tuesday, killing at least two people and wounding 10, police said.[44]
March 15 — Pakistan officials say a bomb blast in the country’s largest city Karachi has killed three people and wounded five others.[45]
March 18 — A suicide bomber blew himself up in a courtroom in the north-westPakistani city of Peshawar, killing four people and wounding 47 others, officials said.[46]
March 21 — A car bomb exploded amid scores of people lining up at a food distribution center in northwest Pakistan on Thursday, killing at least 17 people and injuring 28 others in what appeared to be a rare attack on Pakistanis displaced by the country’s war against insurgents[47]
March 22 — A bomb planted on a motorbike killed six people and wounded another 15 on Friday in a crowded Pakistani market in troubled southwestern province Baluchistan, police said.[48]
March 24 — At least 17 Pakistani soldiers were killed when a suicide bomber rammed an explosives-laden water tanker into a check post in the restive North Waziristan tribal region of the country.[49]
March 29 — Twelve people were killed and 28 others sustained injuries when a suicide bomber attacked the convoy of the commandant of Frontier Constabulary (FC) near an army checkpost on the Fakhr-e-Alam Road in Peshawar Cantonment here on Friday.[50]
March 30 — A suicide bomber on Saturday struck a police patrol in a town of Peshawar in northwestern Pakistan, killing a policeman and wounding six others, police said.[51]
March 31 — The principal of a private secondary school in Ittehad Town was killed and several children, including his daughter, were injured after an attack and shooting at the school on Saturday morning in Karachi.[52]
March 31 — Two persons were killed and six others, including a former provincial legislator, injured in a bomb blast in Pakistan’s restive northwest on Sunday, police said.[53]
April – June 2013[edit]
April 2 — At least 7 people have been killed in an attack by dozens of militants on an electricity plant in the Pakistani city of Peshawar, officials say.[54]
April 4 — Suspected militants threw a grenade at a vehicle carrying paramilitary security officers in Karachi (southern Pakistan) on Wednesday, killing 3 and wounding 3 others.[55]
April 10 — Gunmen shot to death a policeman protecting a team of female polio workers in northwestern Pakistan on Wednesday, the latest in a series of attacks on people working on the U.N.-backed vaccination campaign, police said.[56]
April 11 — Fakhrul Islam, A Muttahida Qaumi Movement leader, who was a candidate for Pakistan’s upcoming polls, was shot dead by unidentified gunmen in southern Sindh province on Thursday, police said.[57]
April 13 — A bomb planted in a bus killed at least 8 passengers and wounded 7 others in northwestern Pakistan on Saturday, police said.[58]
April 14 — A Pakistani police officer says a bomb blast has killed a local leader in an anti-Taliban political party ANP in the northwestern Swat valley.[59]
April 16 — QUETTA: At least 4 people were killed, including the son of the provincial chief of the Pakistan Muslim League – Nawaz (PML-N) Sanaullah Zehri, when a blast targeted his convoy in restive Balochistan’s Khuzdar district.[60]
April 16 — At least 17 people including policemen and minors were killed and near 60 more wounded in a suicide bomb blast that tore through an Awami National Party (ANP) corner meeting in Peshawar on Tuesday evening.[61]
April 21 — A woman suicide bomber today detonated a bomb outside a hospital in a lawless tribal area of northwest Pakistan, killing at least 4 people and injuring five others.[62]
April 21 — At least 6 people have been killed and four others injured in two separate attacks carried out by unknown gunmen in northwestern and southern parts of Pakistan, Press TV reports.[63]
April 22 — Six soldiers have been killed and two others wounded in a roadside bomb attack in Pakistan’s northwestern tribal region of North Waziristan, officials say.[64]
April 24 — Eight bomb explosions in 24 hours in Pakistan’s three provincial capitals left 11 people dead and around 60 injured, heightening security fears ahead of the May 11 general election in the country, according to police and media reports.[65]
April 25 — A bomb exploded outside an election office of MQM, one of Pakistan’s main political parties Thursday evening, killing five people and wounding 9 in the latest attack ahead of the nation’s May 11 elections in Karachi.[66]
April 27 — A bomb exploded on Friday near the office of a main Pakistan political party that had received threats from the Taliban, killing nine people in the latest attack in the run-up to next month’s parliamentary election.[67]
April 28 — Bomb blasts targeting the election offices of two candidates in northwest Pakistan killed at least 11 people and injured 30 Sunday, the latest in a string of terror attacks that have cast a shadow over parliamentary elections slated for mid-May.[68]
April 29 — Pakistani authorities say a suicide bomber targeting policemen has killed 8 people in the main northwestern city of Peshawar.[69]
May 4 — Three people have been killed by two blasts near the offices of a political party (MQM) in the Pakistani city of Karachi.[70]
May 6 — A suicide bomber targeted an election rally organized by a religious party Jamiat Ulema-e- Islam in Pakistan on Monday, killing 25 people & wounding 65, officials said.[71]
May 7 — A suicide bomber killed at least nine people and wounded a candidate campaigning in northwest Pakistan town of Hangu on Tuesday.[72]
May 8 — Officials in northwestern Pakistan say a suicide car bomber has killed two people and wounded at least 23.[73]
May 11 — Bomb attacks kill 29 on Pakistan Election.[74]
May 12 — At least six people were killed and 45 got injured in a suicide car attack on Balochistan province ‘s police chief house in Pakistan’s southwest city of Quetta on Sunday night.[75]
May 17 — Blasts targeting two mosques in northwestern Pakistan on Friday have left 15 people dead and others injured, a police official said.[76]
June 15 — Quaid-e-Azam Residency attacked and series of bombing in Quetta.
June 18 — a suicide bombing in Shergarh, Mardan killed 28 people.
June 20 — a suicide bombing at a Shiite mosque in Peshawar killed 15 people.
June 23 — an attack on Foreign tourists in Nanga Parbat in which 10 foreign tourists were killed.
June 26 — Bomb attacks in Pakistan killed 10 people and wounded nine others on Wednesday, including a senior judge who was critically injured following a blast in the business capital Karachi, officials said.[77]
June 30 — At least 52 people have been killed in Pakistan, on the same day Prime Minister Nawaz Sharif and British counterpart David Cameron met to discuss security.[78]
July – September 2013[edit]
July 7 — A blast in a food street in the Anarkali area of Lahore killed three people and injured dozens of others.[79]
July 8 — At least nine people, including two bomb disposal officers were killed in two separate blasts in Khyber Pakhtunkhwa province.[80]
July 10 — President Asif Ali Zardari’s chief security officer and two others was killed in a bomb attack in Karachi.[81]
July 11 — A Bomb explodes near minority Shiite mosque in northwest Pakistan killed two people and injured six others.[82]
July 15 — Motorcycle-riding gunmen killed seven people in the restive Pakistani city of Quetta on Monday, with four members of the country’s Hazara religious minority among the victims, police said.[83]
July 20 — Blasts in Karachi kill four people.[84]
July 27 — A twin suicide bomb blast in Parachinar market killed 60 people and 200 .
September 6 — 7 shia people killed with firing in jassoki Punjab .
September 15 — Major General Sanaullah Niazi, in charge of military operations in Swat, was killed along with two subordinates in a bomb attack in Upper Dir district near the Afghan border.[85]
September 22 — A twin suicide bomb blast in Peshawar church killed 78 people and 130
September 27 — A bomb blast on a bus in Peshawar killed at least 19 people.
September 29 — A car bomb in the Qissa Khawani Bazaar of Peshawar killed at least 41 people.[86]
October – December 2013[edit]
October 10 — A blast occurred outside a restaurant in the busy Anarkali district of Lahore, killing one person and injuring 16 others. This was the second blast in Lahore this year, the earlier one also occurring in the Anarkali area on 7 July.[87]
October 10 — A bomb explosion outside a city police station in Quetta killed 5 people and injured 37 others.[88]
References

Next time use a link, or be deleted. — Garth

#349 BS on 11.15.15 at 12:45 pm

I am glad T2 does not want to spend government money on supporting Canadian jobs. He has other plans with our money.

Trudeau made his diplomatic debut Sunday morning with a bilateral meeting with Indonesian President Joko Widodo. In that meeting, the prime minister pledged $14 million for infrastructure spending in Indonesia.

Then as other world leaders were planning a response to ISIS and T2 was planning to cut and run T2 moved onto his true strength, taking selfies.

The prime minister was “mobbed” for selfies at the event, according to a Canadian Press report.

http://www.thestar.com/news/canada/2015/11/15/justin-trudeau-seeks-to-reassure-canadians-in-wake-of-paris-attacks.html

I feel so proud of our new PM.

#350 liquidincalgary on 11.15.15 at 12:51 pm

#344 SWL1976 on 11.15.15 at 12:06 pm

#342 liquidincalgary

#234 Rexx Rock

God bless Truedeau for stopping air strikes against Syria.This act alone may stop a terrorist attack against Canada like what happened in Paris

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

so…the terrorists win.

good for you and Trudy Jr

————————————-

Root cause analysis is definitely not your forte’

What exactly did the they win?

You should check out the link I posted above that shows the Harper government, as well as Canada’s connection to ISIS and tell us what you think???

Terrorists use terror to achieve their ends, one of which is horrified pacifism on the part of their opponents. Is it working? — Garth

You should check out the link I posted above that shows the Harper government, as well as Canada’s connection to ISIS and tell us what you think???

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

is your link as full of conspiracy theories as your articles, scott?

#351 Victor V on 11.15.15 at 12:59 pm

#258 Smoking Man

Slumber is often eternal.

#352 family beagle on 11.15.15 at 1:12 pm

North of Spuzzum, BC, concerns over terrorism have been muted by the inevitable onset of brrr. We’re still dealing with the Crown and that whole ball of wax, anyway. Likewise, I haven’t heard much angst from Newfoundlanders, Winnipeggers, or Anne of Green Gables. Reports coming in from Lillooet, Edmonchuck, and Yellowknife are also notably void of heebeegeebees. One Tumbler Ridge sentinel asked if ‘reefoogees’ came with a dipping sauce. Fort Simpson residents will have their annual bake and raffle Dec. 15th. That’s all.

#353 pinstripe on 11.15.15 at 1:14 pm

The alberta PC party is DEAD. The WRA Leader is hoping for a miracle, in the meantime the backstabbing is getting better.

http://www.cbc.ca/news/canada/edmonton/bid-to-unite-alberta-conservatives-supported-by-wildrose-brian-jean-says-1.3319620

#354 AB Boxster on 11.15.15 at 1:19 pm

291 TRT – “Why you spreading False info?”

———————————————
The Bloomberg study addressed in the link below.
Far more ‘compelling’ arguments made by “GateStone Institue” than Bloomberg.

http://www.gatestoneinstitute.org/5128/france-no-go-zones

Why do you say this perspective is ‘false’ based on one website alone?

PS- Look for markets to sink on Monday after Paris.

#355 Rainclouds on 11.15.15 at 1:20 pm

#314 Family Beagle
“Perhaps we should start along Zero Ave in Abbotsford, where the border security is a plaque, some chickadees, and a cow.”

You forgot. Drones, infrared motion detectors, helicopters, Border patrols, Satellite. Not to mention the “Border responsibility” extends 100 miles deep, well past Bellingham………..are you sure that’s really a cow?

#356 TurnerNation on 11.15.15 at 1:34 pm

Interesting comment from Garth but…humans fight only over pro-creation or money. From a humble bar fight to a WW that’s it.

We have a secular society where anyone is free to practice a belief system. Check.
First world counties have enough weapons for mutually assured destruction they made sure of this. Check.
We have a technological web which is watching and scraping every single piece of data out there. Check.

So what do “they” want? No demands have been made. Therefore I’m going with the money angle: More of our money – and freedom of thought and movement – must be handed over and a strategy of nihilism is being unleashed upon us. We see country after country falling into a new order.

I could be wrong: that we’ll get to keep more of our money and land…but I doubt it. The flow is in one direction.

Nothing but nothing is left to chance. Every single ad, news release, is tailored for our reaction. Everything in terms of communication and control has lng ago been perfected. Sit back and let the machines do their work.

Scripted: “An anonymous official reports…”. ” A tweet takes responsibility”.
Would not not surprise me if half of events and PR we see is mainly run by automated program…

#357 bdy sktrn on 11.15.15 at 1:39 pm

Next time use a link, or be deleted. — Garth
————————–
yes dad. :)

thx for letting this one slide, i knew it would be a close call!

#358 family beagle on 11.15.15 at 1:45 pm

#355 Rainclouds on 11.15.15 at 1:20 pm
#314 Family Beagle
“Perhaps we should start along Zero Ave in Abbotsford, where the border security is a plaque, some chickadees, and a cow.”

You forgot. Drones, infrared motion detectors, helicopters, Border patrols, Satellite. Not to mention the “Border responsibility” extends 100 miles deep, well past Bellingham………..are you sure that’s really a cow?

….

I apologize for my lack of clarity. Me cares not about US safeguards. I was commenting on OUR security, OUR wall, OUR cow. (OUR=.ca)

#359 bdy sktrn on 11.15.15 at 1:46 pm

#355 Rainclouds on 11.15.15 at 1:20 pm
#314 Family Beagle
“Perhaps we should start along Zero Ave in Abbotsford, where the border security is a plaque, some chickadees, and a cow.”

You forgot. Drones, infrared motion detectors, helicopters, Border patrols, Satellite. Not to mention the “Border responsibility” extends 100 miles deep, well past Bellingham………..are you sure that’s really a cow?
————————–
almost bought a chunk of US land right up against the line out in the valley.
yes those patrols exist but i’m about 100% certain i could have walked across the invisible line (northbound) and had plenty of time to disappear before anyone got within 3 miles of the area. Southbound would be a much tougher job, at least until the donald builds a wall.

#360 SWL1976 on 11.15.15 at 1:47 pm

#349 liquidincalgary

is your link as full of conspiracy theories as your articles, scott?

No. And you could always just read it and find out

So, your answer is ‘yes’? — Garth

Looks like we will have to call a draw on this one.

My point is that we often look at acts of terror from one side only, and I guess that would be true of both sides. I just wish we had more time and openess to understanding and were less reactive with hate.

Also true for both sides

The world is full of good people and I am hopefull that the good people vastly out number the bad people.

They do. And it took only a dozen guys to cripple a city of 2.3 million. — Garth

#361 OXI in GREECE !! on 11.15.15 at 1:51 pm

Speak for your self “Whoopsie Daisies”….I mean Floppy….
//////////////////////////////////////////
One of us comes here to spew vitriol and the other one is me.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

If facts vs fantasy or govt statististics makes me vitriol I am guilty and proud of it…..

#362 TurnerNation on 11.15.15 at 1:52 pm

Interesting to note all these downing of airliners and airliners going missing get a one-liner follow up on the TV news.
I guess those attacks are not “an act of war” against our shared values huh.
Funny how this game is played.

#363 john on 11.15.15 at 1:54 pm

Wrong again-
http://www.afr.com/news/economy/monetary-policy/negative-rates-lessen-need-for-inflation-reset-says-bank-of-canada-20151113-gkyv9e

There will be no negative rates in Canada or the US. Obviously. — Garth

#364 OXI in GREECE !! on 11.15.15 at 1:56 pm

#347 SWL1976 on 11.15.15 at 12:36 pm
Terrorists use terror to achieve their ends, one of which is horrified pacifism on the part of their opponents. Is it working? — Garth

I disagree.

I would be the first person to stand up and fight for what is right. I am no coward. However, I do not agree with perpetuating unjust war or unjust acts of terror.

The events in Paris were indeed acts of terror, but war is terror, so who has the right to justify acceptable and unacceptable acts of terror?

So, your answer is ‘yes’? — Garth
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

the West has murdered over a million men women and babies in the last 20 years in the Middle East as well as polluted it with 100 Hiroshima nuclear bombs with all the depleted uranium laying around.

Those kids whose parents were blown up by “American Jobs” in bomb factories like Raytheon are now the terrorists….

WTF did you people expect?

#365 Herb on 11.15.15 at 1:59 pm

#352 family beagle,

priceless, and just what we need in face of the storm of politically-generated fear and trembling that is going to descend on us.

Here’s hoping that Justin Trudeau is a chip off the old man and won’t the horseshit that is going to be served up internationally and domestically.

#366 SWL1976 on 11.15.15 at 2:04 pm

They do. And it took only a dozen guys to cripple a city of 2.3 million. — Garth

It also takes less than a dozen jets to level a country

Thanks for the thoughts

#367 Pure squirrel meat on 11.15.15 at 2:09 pm

#350 liquidincalgary on 11.15.15 at 12:51 pm

#344 SWL1976 on 11.15.15 at 12:06 pm

#342 liquidincalgary

#234 Rexx Rock

God bless Truedeau for stopping air strikes against Syria.This act alone may stop a terrorist attack against Canada like what happened in Paris

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

so…the terrorists win.

good for you and Trudy Jr

————————————-

Root cause analysis is definitely not your forte’

What exactly did the they win?

You should check out the link I posted above that shows the Harper government, as well as Canada’s connection to ISIS and tell us what you think???

Terrorists use terror to achieve their ends, one of which is horrified pacifism on the part of their opponents. Is it working? — Garth

You should check out the link I posted above that shows the Harper government, as well as Canada’s connection to ISIS and tell us what you think???

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

is your link as full of conspiracy theories as your articles, scott?
————————–
Dude thinks his water meter is controlling his brain waves… so that would be yeah.

#368 TurnerNation on 11.15.15 at 2:14 pm

Fishy enough for anyone? Same script – Our Canadian “Via Plotters” were said to be on a watch list…

One day later and everyones’ identities and paths taken are all known…same as on Sept 12.

Really. How can there be so much information out there and then allowed to happen.

Another found of “Harsh terror anti-laws” will be introduced and billions in new taxes. Same as since 2001..over and over again to what end? It’s been 15 years of the same thing . Watchlists. Attacks. New laws.

http://www.dailymail.co.uk/news/article-3318859/Questions-French-security-services-emerges-three-major-intelligence-failures-let-killers-through.html#ixzz3rXogkx8A

1. Vital clues were missed that could have averted the Paris atrocities, it was feared last night as it was revealed that:
A heavily armed suspect was stopped on his way to the French capital more than a week ago but German police who uncovered an arsenal of weapons in his car did not tell anti-terror chiefs.
At least one of the terrorists was a Parisian who had been on a terror watch list for five years, but was not being monitored closely enough to be stopped before he took part in the murderous attack.
Greek authorities believe that two of the gunmen sneaked into Europe posing as a refugee from Syria – heightening fears that not enough security checks are being carried out on migrants.

2.
French intelligence and security services had been reorganised in the wake of the Charlie Hebdo massacres, which left 16 dead in January. It emerged that the brothers behind the killings, Cherif and Said Kouachi, were well known to the authorities and were being watched – but surveillance was called off just six months before they launched their attack.

#369 TurnerNation on 11.15.15 at 2:16 pm

Interesting transposition of words on my part, accidental. But it works…:

“Harsh terror anti-laws”

Anti laws…law that claim to some something but do the opposite. Would explain lots. Bend over at the airport, but someone on a list and being watch somehow is allowed to do their work

#370 bdy sktrn on 11.15.15 at 2:36 pm

Dude thinks his water meter is controlling his brain waves… so that would be yeah.
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he was (is?) a strong proponent of chemtrails.

#371 BG on 11.15.15 at 2:36 pm

#334 Carly in Cabbagetown on 11.15.15 at 9:36 am
[…]

Muslims in France have almost no job prospects and no hopes.

A lot like many Blacks and First Nations people.

Like Harper wanted to do, France has restrictions on head coverings. The Muslim population is isolated socially, segregated physically.
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This is VERY exaggerated.
Head coverings are not banned. Face covering are. There’s a huge different because people wanting to cover their face are a really, really small minority.

And regarding integration, there are many, many Muslims in France that are not segregated, have jobs and are part of society. I would say most of them, but I have no source other than my perception while I was growing up there.

The poor areas in France do have a lot North African Muslims, but they also have a lot of black African populations (sometimes Muslims too), some Eastern Europeans, and some French too.
Don’t picture 100% Muslim ghettos, picture low/no income ghetto with a strong Muslim representation.
Like I said before, Islam is only an ingredient in an explosive context of exclusion, unemployment, etc. And that context does not only impact Muslims.

The real dangers are:
1) Even if it is not a majority, those Muslims that indeed live in poor areas and are excluded are good candidates for terrorism
2) If France was to turn massively against Muslims in any way, how would the integrated ones (the majority) react? We could have a civil war.

The thing is we already have a situation: The Muslims are in France, they are French, and they are second or third generation immigrants. What are you going to do? Deport them based on skin colour or supposed religion? Of course not.
So it is vital for the France to remain tolerant of their Muslim community or it could turn into some form of lesser Israel/Palestine type of ugly conflict.

Still, this situation is the result of bad immigration policies, and head in the sand politics for decades.
Canada being at an earlier stage of that process, I think it is relevant to wonder if the same results could happen here, and how do we make sure they don’t.

There is no doubt Western countries will massively have to live with people of Muslim culture in the future (or we may have a terrible war). Before we do so, we just need to make sure those we accept are indeed in the “live with” state of mind and not “conquer”.

#372 bdy sktrn on 11.15.15 at 2:44 pm

did any of the guys who did this not believe it was a sure pass direct to ‘heaven’, with or without attendants.

we they doing it to please their ‘god’?

what other reason could be so persuasive?

thank dog for atheism. the world needs death to extreme religion of all stripes.

#373 SWL9176 on 11.15.15 at 3:02 pm

#370 bdy sktrn

he was (is?) a strong proponent of chemtrails.

I am not a proponent of chemtrails

It is obvious to me that it is happening is all.

Furthermore it should also be obvious to anyone who is not willfully ignorant of the subject

#374 285 on 11.15.15 at 4:17 pm

Re 285 house on Fraser….that sold for 1241000 ….over asking and there was only 1 bid lol