Hopeless

My, my. He’s at it again.

Donald Trump has suggested new tariffs of 10% will apply to $200 billion of Chinese goods. The Chinese have replied saying (essentially), suck on this. Former Conservative leader Rona Ambrose says she’s sure the White House will impose stiff tariffs on Canadian-made cars, shattering the spirit of the decades-old Auto Pact. NAFTA appears to be toast. And TD bank said this week the Trump assault on maple-made vehicles will permanently scar our economy, putting at risk one of every five factory jobs in Ontario. National economic growth in 2019 will be stunted, and the effect in Ford Nation will be four times more acute.

The Canadian dollar, at 82 cents US not so long ago, is plowing towards the 75-cent level. That currency devaluation stokes inflation and helps push the central bank towards another rate increase to shore the buck and mitigate the damage.

Meanwhile equity markets are not happy. Trump said weeks ago “Trade wars are good, and easy to win.” Investors think that’s naïve and strange. There’s never been a trade war anyone won. They increase costs for businesses and consumers, limit choice, reduce economic activity and make everyone poorer. These days a global trade war also tears away at treaties and arrangements – like NAFTA – which took years (sometimes decades) to negotiate and tweak. Observers, like those at TD, estimate the damage about to be done could linger for a generation.

And this is all because of one man.

Trump, some say, is using the same technique on the globe as he used on Kim. Threaten devastation and damage (‘fire and fury like the world has never seen’) in order to force the other side into a deal Trump wants. But the worry is that China – population 1.38 billion and on its way to being the biggest economy – won’t buckle. The American president is also alienating key allies, causing the USA to stand alone. He expertly dissed and destroyed the recent G7 summit.

(The intimidation tactic, critics say, extends to taking migrant children away from their parents at the border and housing them in large cages within detention centres. He’s using the kids as a bargaining chip to get a border wall, a new immigration bill, and send a message to immigrants. Opponents call it child abuse.)

Trump stands for nationalism, protectionism and America-first. His supporters wildly endorse this, and his popularity has risen from recent lows. Others despair that trade barriers, inhumane immigration laws and jingoism – while praising tough-guy leaders like Kim, Vlad Putin and that weird Erdogan dude – are leading us merrily back to the 1930s.

Well, where’s this going?

Short answer: not to a good place. Canada stands an excellent chance of being Trump roadkill since it’s evident he doesn’t care about the country, our bilateral trade or especially Mr. Socks. The forex market is saying this, as well as the equity and bond traders. TD says the chances are high of a recession in Canada as a result of trade damage, and that a broad swath of our manufacturing sector could be wiped out – forever. Then we can truly be a place where people just take out mortgages and sell each other condos.

As far as investing goes, stay the course. In times of volatility and uncertainty it’s rash to try and anticipate unknown events, time various markets or diddle with currency trades. The best defence is to be balanced, diversified and liquid. Have both growth assets and safe ones. Do not buy individual securities, but rather ones holding a whole market. Maintain a global exposure, and don’t give up on maple. It appears a new round of weirdness lies ahead, now that the world is being jerked by one person who defines unpredictability.

For some strange reason, this pathetic blog attracts Trump supporters. My words are hopeless. These zealots defend every quixotic action, inaccurate statement and bully Tweet. They pine for having a similar alt-right champion in Canada and yearn for a world gone by.

They must all be independently wealthy, or retired with fat DB pensions. Because everyone else is in for some hurt.

271 comments ↓

#1 Yorkville Renter on 06.19.18 at 4:49 pm

yes, America needs work.
no, Trump isnt the guy to fix it.

#2 Calgary Anonymous on 06.19.18 at 4:53 pm

After listening to Garth, I have moved my trading currency to USD last year. Thank you for the advice.

#3 Dave on 06.19.18 at 4:56 pm

Trump will tax Canada and we will be in a world of hurt. Economy decline and high inflation.
Its Canada’s turn to take a financial beat down…years of pain before things get better.
Got Scotch?

#4 I’m stupid on 06.19.18 at 4:57 pm

I get that the US is the largest economy but what if the entire world traded with each other and slapped heavy tariffs on anything American. Then hit them where it really hurts; trade mark and patents and reserve currency. Look at how well isolation worked for countries like Cuba, North Korea and Venezuela.

#5 Adiran on 06.19.18 at 5:01 pm

Weed legal soon. All in on $HMMJ

#6 TRUMP on 06.19.18 at 5:01 pm

NO NEED TO WORRY!!!

The Hawaii Volcano on the big island will not stop and cannot stop spewing lava onto the surface of the earth.
It will keep going and eventually fill every ocean, lake, and river and then cover every square inch of land on the planet.
And your WORRYING about Trump (me), Trade wars, interest rates, real estate values, and stock markets for what??

THE DOLLAR BILL CAN’T SAVE YOU FROM MOTHER NATURE’S PLAN.

Enjoy your week!!

#7 HoweStreet.com on 06.19.18 at 5:02 pm

Ross Kay on HoweStreet.com Radio:
BC and Ontario Real Estate Update.
Choices, Whining, and Propaganda.

https://www.howestreet.com/2018/06/18/bc-and-ontario-real-estate-update/

#8 Eating quinoa in vancouver on 06.19.18 at 5:03 pm

I think it’s not that your blog attracts so many pro Trumpeters but that the few it does attract are more vocal. So many people I know of who follow you rarely if ever comment. Maybe it’s time to speak up.

#9 The Latest on 06.19.18 at 5:08 pm

India has started a tariff war against USA. Its time to have a well balanced diversified portfolio to weather this storm.

#10 Cheesetoast on 06.19.18 at 5:12 pm

Correction “They must all (be) independently wealthy”. Agree – I’m having trouble understanding the blind “Trump-love” displayed here. I was willing to give him the benefit of the doubt initially, but his behaviour is so erratic, he strikes me as someone in the early stages of dementia – not a good characteristic in a president! Also, don’t believe rates will be raised next time round – the dollar has been much lower in times past and we survived; though not ideal, a low dollar makes us more competitive trade wise.

#11 Hawk on 06.19.18 at 5:16 pm

Regardless of whether Trump is right or wrong in his demands the fact is that Canada and selfie boy have been against Trump from the very beginning, well before the man ever took office.

Why do we always have a carrot up our butts about Americans, I have never know them to be constantly fixated with our affairs, most of them couldn’t care less. And if we believe that Trumps actions are going to have such an adverse effect in our economy than why didn’t we give in to his demands. Isn’t it time we ate some humble pie and recognized that the cards they’re holding are stronger than the hand we have to play?

#12 Congress on 06.19.18 at 5:19 pm

They need to act, and execute Article 12 forcing the President to step down. This President clearly displays symptoms of a psychological disorder that places the entire world in a state of economic chaos.

#13 FOUR FINGERS WATSON on 06.19.18 at 5:20 pm

Don’t panic, just dig in and hold the fort. Trump may get pounded in the mid terms this November and lose the house and senate. He could become a lame duck or even get impeached. Eventually the Dems or maybe even the GOP will come up with a sane leader and a platform that the average “ downtrodden “ American can vote for. Sanity will return eventually.

#14 Lee on 06.19.18 at 5:20 pm

Two seemingly really good dividend etfs – CDZ for Canada, and HDV for USA (in US Dollars) seem to do quite well when markets tumble. Today with the Dow down 287 both of these ETF were basically flat and they both pay out about 3.5% mostly in actual dividends (not return of capital or capital gain). They are made up of mostly tier 1 large companies that have a history of paying dividends and a history of raising dividends (e.g. BCE, Proctor & Gamble, etc). So the question is, what’s wrong with just investing in these two etfs (and maybe just a touch of bond and pref etfs). CDZ gets you about 5.5% overall yearly while HDV has a history of about 10% overall yearly though it has only been around since 2011. Eventually these two could all one needs in their portfolio if they keep spitting out 3.5% in dividends. Of course you’ll need about $1,500,000 invested for that to be even close to enough to retire on. Just a thought. But the etfs look quite dandy.

#15 Lee on 06.19.18 at 5:23 pm

#2,

Don’t get so excited, it’s only a one time bump. Also, I don’t think Garth ever said put all your investments in US currency.

#16 Guy in Calgary on 06.19.18 at 5:23 pm

Let’s just stop selling them lumber.
Build TMX.

#17 dakkie on 06.19.18 at 5:27 pm

If You’re A Millennial & Just Bought A Home, Take A Look At This Chart

http://www.investmentwatchblog.com/if-youre-a-millennial-just-bought-a-home-take-a-look-at-this-chart/

#18 BobC on 06.19.18 at 5:34 pm

The day is coming that you’ll understand what we have survived and lived through.
The decline of the states is very real.

https://youtu.be/Rkgx1C_S6ls

#19 Doug t on 06.19.18 at 5:36 pm

Well for those millenials that have never been through a recession they are gonna get a dose of pain

RATM

#20 bdwy sktrn on 06.19.18 at 5:39 pm

#127 Shawn Allen on 06.18.18 at 10:59 am
STOP with the multiple names

#117 New Car…
Maybe use “As” as your name since you annoyingly over use “as” instead of since or because. Also are you a reincarnation of “Old Man” who also over used “as”?
——————————
of course it’s ‘old man’ .
he’s been back for a while now posting 10 times/day.
different name each time.

starting to get a bit creepy again as is his nature.
old fart, tell us more about your dates in the 40’s and 50’s.

#21 Not Dementia on 06.19.18 at 5:40 pm

#11 Cheesetoast – It is another disorder with no known cause or treatment. This is not the case of just a few symptoms because nobody is perfect. He has all of them on the list of this particular disorder with no known treatment.

#22 Willy H on 06.19.18 at 5:41 pm

How do we Trump-Proof our investment portfolios?

#23 Heloguy on 06.19.18 at 5:42 pm

“And this is all because of one man.”

————————————————–

I would have bet the farm that the last POTUS would be taken out by some right wing nut job just due to his race.

The new POTUS probably has the secret service running like chicken with their heads cut off with threats.

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

#24 A J on 06.19.18 at 5:43 pm

Those “give Trump a chance” people are looking pretty stupid right now. Some people won’t admit they made a mistake supporting him from the beginning. They’d rather keep their pride and go down with the ship. They’d defend him to the bitter end, and follow him off a bridge if he told them too. Not everyone here supports him, including me. Never have, never will. The Access Hollywood tape should have done him in. We’d all be better off if he was a footnote in history, rather than the bringer of destruction to Western democracy. And no, I’m not being dramatic. The writing is on the wall.

#25 Dolce Vita on 06.19.18 at 5:43 pm

Dio mio.

Poor Canada.

It’s hard working, pluralistic, laid back and caring people do not deserve this.

From anyone.

#26 Mongohouse on 06.19.18 at 5:45 pm

Too bad we cant export ” Location location location, amazing schools near by, fully renovated, sought after neighborhood” Working in Detroit and living in Windsor has been great. Its only going to get better. I loved Trump since day one, but yea this is getting ridiculous. I guess its hard for a lot of Canadian to realize no one cares about you and your economy that wouldn’t even make Texas look at you serious. Cant wait to multiply my paycheck by 1.4 soon.

#27 FOUR FINGERS WATSON on 06.19.18 at 5:47 pm

Now here is a hammer, if someone had the nuts to use it. We could call it an export tax.

In 2016, Canada was the largest foreign supplier of crude oil to the U.S., accounting for 41% of total U.S. crude oil imports and for 20% of U.S. refinery crude oil intake. Canada exported 3.08 million barrels per day to the U.S. in 2016, 99% of all Canadian crude oil and equivalent exports.Jan 26, 2018

#28 Willy H on 06.19.18 at 5:48 pm

Nothing good was ever going to come of this “president”.

He is not worthy of the office he holds.

He is not fit to lead the free world.

Pray that the mid-terms (November) politically neuter this twittering laughingstock rendering POTUS a lame-duck.

#29 Larry B on 06.19.18 at 5:50 pm

I am NO Trump supporter but I am retired with a fat DB pension. Guess that makes me the outlier. I also pulled my investments out of the market, why the hell would I even bother given the “state of the union”? It is a simple risk vs reward decision. The reward (higher returns) against the risk (significant losses). Yes, I am losing money this way but frankly, I really don’t care. I am sure that cash will rule very shortly.

#30 saskatoon on 06.19.18 at 5:57 pm

trump is not an alt-right champion, garth.

you let rhetoric get the better of you today.

#31 the ryguy on 06.19.18 at 6:00 pm

“For some strange reason, this pathetic blog attracts Trump supporters.”

In my most humble opinion Garth, you glorious dog lovin 6packed adonis, you have two blind spots. One is the RIVERS of laundered money into Canadian residential real estate, the second is the sheer numbers of Trump supporters. Its not that this blog attracts them, they are everywhere and in great numbers.

For the record I don’t support everything he does.. I hated the bombings in Syria and the signing of the omnibus budget, its not blind support.

#13 Congress on 06.19.18 at 5:19 pm
Its idiotic comments like this that make us “trump supporters” so vocal.

“oh hes clearly showing signs”..shut up. Have you seen Nancy Pelosi speak? Wheres Jon McCain been? Hilary cant talk for more than a minute without coughing up a lung or fainting..yet you just diagnose Trump? This is type of the hypocrisy that anyone with an IQ over 80 can’t stand anymore. Comments like this PUSH people towards Trump.

If you morons on the left put 1/10th of your “I hate trump energy” into looking into the INSANE policies your leaders have implemented you would need a shower.

Garth at least makes a point when he gives Trump sh*t. The rest of you mouth breathers just mimic what you saw on the news.

#32 Herpes on 06.19.18 at 6:05 pm

19 BobC
Yup, if we had the 24 hour news cycle and social media in the declining years of the Roman Empire it would look pretty much like this.

#33 bdwy sktrn on 06.19.18 at 6:06 pm

#14 FOUR FINGERS WATSON on 06.19.18 at 5:20 pm
. Trump may get pounded in the mid terms
/// “there is NO WAY he can win the GOP nomination!”//

this November and lose the house and senate. He could become a lame duck or even get impeached
/// 99 % certain hildabeast will win the presidency///

I spend a lot of time down there and they are loving having someone fight for THEIR country .

wanna bet 50k that he is impeached , smart guy?

#34 Madcat on 06.19.18 at 6:06 pm

Most of my money is in USD!! Phew!

… Most of my product sold to USA… Not so good…

#35 Shieky on 06.19.18 at 6:07 pm

Re #12

Humble Pie ? I’d rather die on my feet than live on my knees ! Justin Trudeau #1, Enrique Peña Nieto #1, Donald Trump hacktui !!

#36 MF on 06.19.18 at 6:07 pm

Not all Trump supporters are blind. I am still a fan because I believe that a strong US is good for Canada and the world.

I don’t support any of the anti Canadian measures and even though I am not a fan, I am not blaming our PM.

I also didn’t support his tax cuts because of deficit worries.

Anyways, we should use these circumstances to increase our trade with everyone else.

MF

#37 Pat on 06.19.18 at 6:15 pm

Garth , Canada screwing its own Citizens with a 300% Duty that prevents Imports into Canada for Dairy , Poultry is Wrong and Bad yet you remain Silent . As well Mr. Socks has spent the past two Years destroying his own Economy in attacking Oil and Natural Gas . Garth Time to Wake Up –maybe you have been smoking (Pot ) too much

#38 AM in MN on 06.19.18 at 6:18 pm

I would argue that it’s usually people with TDS that can’t see the bigger picture and why he has support.

Tomorrow he visits Duluth for a rally (It’s a port city on Lake Superior) I don’t think a President has ever visited there.

There is still a lot of inertia in the system, the sky isn’t falling yet on global trade.

A more important tidbit I picked up on the other day was Scarramouchi telling an investor conference that rates are going higher, significantly so, and Jerrome Powell is on board. This comes from a line of thinking not unlike Reagan, tight money and low taxes, rather than the other way around.

It’s from a belief that central bank money printing helps the financial class but hurts the working class due to asset price inflation (houses!). It also allows for corrupt elites who run the system to supply cheap money to insiders, to allow them to leverage gains, while denying things like mortgages to working folks and small businesses due to the higher asset prices.

The Canadian political establishment needs to wake up to this reality and make some hard decisions. Building pipelines to the coasts so that the customer base can be diversified, and LNG terminals, is a good start. Look at the price spread on Western Canada Select because of the shipping bottlenecks. Imagine the leverage a PM would have if there were a surplus of shipping capacity and the taps could be turned off going south! BTW, that was a key point in the original FTA.

Also, why not look at going back to a bi-lateral FTA, and put all the protected industries on notice that times have changed.

All of this would be good for Canada, and should have been done a long time ago.

Another big advantage Canada has, and should exploit harder, is the movement of tech jobs up north with skilled immigration. Bring them all, branch plant or not.

Nothing is gained for Canada by a bunch of virtue signaling leftist like Junior and the useless Foreign Minister lecturing Trump about gender equity and global warming. Perhaps Rob Ford can make a trip south and speak Trumps language, with the authority of a recent vote win!

Lastly, the bizarre effects of the rate increases by the fed is that the USD will become even more of a gold standard than it is, causing the world to want to stay more invested in the US. Remember, the fed leads, it isn’t just about following them as the BoC does. There is a significant component of US based political thinkers who believe in the biblical commands to conduct one’s business using honest weights and measures, and a devalued fiat paper doesn’t make the standard.

#39 Smoking Man on 06.19.18 at 6:18 pm

Liking or hating trump has more to do with where you get your news.
In my case. CNN SUCKS as does the BBC.
Toronto Sun is 10 times more honest than the Toronto red star

#40 Peter on 06.19.18 at 6:20 pm

For some strange reason, this pathetic blog attracts Trump supporters. My words are hopeless. These zealots defend every quixotic action, inaccurate statement and bully Tweet. They pine for having a similar alt-right champion in Canada and yearn for a world gone by.

———————–

Your blog attracts the Trump/Ford supporters because they promise a change in the status quo, a shake up of the haves/have nots.

People who have been standing on the sidelines of the real estate market for this past decade are the same people who desire this change.

#41 unbalanced on 06.19.18 at 6:20 pm

I remember the night, Walter Cronkite said—–J.F.K. was just shot dead ! I remember!

#42 cmj on 06.19.18 at 6:32 pm

Too much global power is in the hands of Trump. Scary! I can’t believe how a heartless person can have followers after watching immigrant children being separated from their parents!!! This action tipped the scales. There is the political free trade agreement and then there is this inhumane action for the world to see yet another layer of an immoral powerful leader

#43 Lost...but not leased on 06.19.18 at 6:36 pm

China needs the world…not vice – versa.

#44 Reynolds531 on 06.19.18 at 6:41 pm

We need to declare an emergency and build the mother of all pipelines to tidewater

#45 Danny on 06.19.18 at 6:44 pm

“For some strange reason, this pathetic blog attracts Trump supporters”…..Garth you hit the nail on the head today…..Some people are just shallow.

Your right Garth……those supporters of Trump….are just miserable people….just like Trump has been for many years.
Buy wives……..make a child……and spend no time with them.
Trump was even more miserable last weekend because he was having a “withdrawal “…..from golf and missing his miserable old men in Florida.
As to tariffs …..are his and family imports from China being targeted?
Trump is just a “S” disturber……he probably gets off on it….plain and simple…..a hollow being with no empathy.

Destroying old country to country relationships ….because he is a misguided soul………lacking love from his daddy.
Money doesn’t often bring happiness…..it’s just never enough……Trump proves it……PERIOD.

No tears from me.

#46 Angel on 06.19.18 at 6:46 pm

Trump is a bull in an elitist lying corrupt people in power China Shop…

God Love Him…

The status quo must go…

The “Trump Revolution” is not about Trump Himself

Do not confuse the “Trump Revolution” with Trump himself. The people are sick and tired of the same old nonsense.

So are a majority of flyover Canadians…

Read the rest here:

https://www.armstrongeconomics.com/international-news/north_america/2016-u-s-presidential-election/trump-revolution-is-not-about-trump-himself/

#47 The Don on 06.19.18 at 6:51 pm

Get with the program Garth. This is Trump nation now.

Canada came to a fork in the road and drove straight into debt serftom.

You talk about the risk to Canada, this and that.

Let’s look at the facts. You need a 150k income in BC to keep your head above water.

This is frantic survival and not any kind of 1st world standard.

Obama had a chance to shut down BoA. Here my friends. Take this money print and keep your bonuses.

I guess the have nots are out numbering the haves and it is obvoius that The Don is going to crash the system or at least could crash the system as per the hope of the have nots.

#48 Hawk on 06.19.18 at 6:56 pm

@ # 35

==========

The US offer for bi-lateral trade hardy constituted a demand to bring Canada “to its knees”………..but suit yourself.

The reality is that Trump and his supporters aren’t the one’s that are eaten up with hate, they simply couldn’t care less whether we will play ball or not.

I expect Canadians will sadly foster the delusion, that selfie boy’s Euro buddies will make up the difference, good luck with that!!

#49 the ryguy on 06.19.18 at 6:56 pm

#42 cmj on 06.19.18 at 6:32 pm
————————————–

Were these the photos recently paraded around CNN that actually happened under Obamas watch? Where was your outrage then? Why aren’t you outraged now that OBAMA was the one that had these kids in cages?

Did you blaspheme Mr Humidor Bill Clinton during the Elian Gonzalez fiasco?

Do you blame the parents that bring or send their children on an incredibly dangerous route to break another countries laws?

Were you protesting the Alfie Evans decision? Do you even know who that is?

No you just blame Trump. Trump derangement Syndrome at its worst. God grow up and see the UNBELIEVABLE double standards you morons are mired in.

#50 crdt on 06.19.18 at 6:57 pm

“For some strange reason, this pathetic blog attracts Trump supporters. My words are hopeless. These zealots defend every quixotic action, inaccurate statement and bully Tweet. They pine for having a similar alt-right champion in Canada and yearn for a world gone by.”

The majority of the reason I am pro-Trump is the incessant unnecessary nit picking bullsh*t that many use to pander to the vocal far left zelots. Undoubtedly Trump is not a hero to Canadians economically, I just got sick of the Trump bashing, and got on the Trump Train because of the extreme unfairness he is constantly subjected to. The attacks on his family, and kids polarized me beyond reason…..

#51 Camille on 06.19.18 at 6:57 pm

Hi. Tough talk today for our host, but I think I like him and his blog. Other Trump supporters comments here are very smart. Cannot be smarter. I heard today that the US created this trade situation, now others must suffer as they change it. And they have benefited in so many ways. So it does make them a bully. So far we have the wrong government and leader. Freeland goes to Washington and negociates with US senators who oppose Trump. Like that will work. I’m so angry at this government and its leader…

#52 Millmech on 06.19.18 at 6:58 pm

#6
Yup and I heard that Trump is looking at legalizing weed in the States and becoming the net exporter of it.Super easy to grow in the warm south unlike here in Canada where we need to supply the heat and light.In Oregon weed sells for $700 a pound, about a $1.50 a gram, and we are going to sell it for $10 a gram, pretty soon they will be smuggling pot into Canada.

#53 AB Boxster on 06.19.18 at 7:01 pm

Canada may be roadkill as part of Trumps main trade war with China.

With China the Americans have a point.
Canada is just collateral damage.

Sure you can blame Trump for this.
But feel free to blame the idiots running our country just as much.

Killing job creating and revenue producing projects such as pipeline and LPG plants.
Stifling free trade between provinces.
Stifling innovation on competition with our cartels in banking , airlines and telecommunications.

Killing trade deals by pushing gender equity nonsense.
And perhaps the worst, mocking Trump before he became president.

Hate Trump all you want, but Canada’s leaders deserve much of the blame for our own predicament.

How great would it be to have a leader stand up and support Canadian industrys such as energy and natural gas. How nice to have a leader that supported symbols of Canadian history and showed some patriotism in this country rather than the continual apologies for the past and meaningless virtue signalling.

These are the attributes that Trump supporters long for.

And in Canada we have our feminist PM who believes that Canada has no history and culture worth preserving, and who is is trying to kill the Canadian energy industry and gets elected by pitting regions and Canadians against each other.

#54 Tony on 06.19.18 at 7:02 pm

Re: #6 Adiran on 06.19.18 at 5:01 pm

Remember to short all the marijuana stocks the day they legalize week in Canada (I’m throwing out the highest cap and shorting the rest) if it’s before 9:30am or the next business day if they legalize it after 4:00pm. This is like stealing. I’ll be back to tell you when to take profits.

#55 Newcomer on 06.19.18 at 7:04 pm

On the upside, all the Canadians who complain about NFTA and other free trade pacts (mostly because conservatives support them) may get a chance to see what things are like when we wind back the clock a bit. A taste of protectionism may the best advertisement for globalism.

#56 pay your taxes on 06.19.18 at 7:07 pm

They’re not “immigrants” Garth. My parents were ” immigrants”. They applied, followed the rules and were eventually accepted and moved to Canada. Half of the people I work with are also “immigrants” who followed the same rules and now make a great contribution to our country(and a more interesting workplace).

If I broke into your home and raided the fridge, would you refer to me as a “dinner guest”? Not likely. The people you refer to are called “illegal aliens” and were thus named in the MSM not so long ago. The pendulum swung far to the left but the times are a changing.

#57 Tony on 06.19.18 at 7:08 pm

I never liked Trump because he cost me a fortune I would have made had Hillary won the election on election day or one or two business days later. I’ve always been a proponent of tariffs and always thought world trade to be a bad idea. Worldwide trade was the demise of Canada the the downfall of most other countries.

#58 SoggyShorts on 06.19.18 at 7:08 pm

#121 FOUR FINGERS WATSON on 06.18.18 at 9:11 pm

*************************
Our point is that no one is impressed by your 14% mortgage on a cheap house. Loads of people would love 14% rates on houses 65% cheaper.
BTW: I could qualify at any interest rate with a 100% down payment if I wanted to own a crap asset. Punk ass.
………………………….

A 1,000,000 mortgage today at 3.5% would be say $35,000.
A 65% less mortgage today of 350k at 14% would be say $49,000. Cost you more.
Good luck Einstein….BTW, change the Depenz once in a while and your shorts won’t be so soggy.

****************************
Think a little harder.
1. If you are a half-decent saver, and have a larger down payment, or make extra payments, which scenario is better?
2. For a significantly higher earning couple, at 350K they might not even need a loan, and could buy one for cash after a few years of saving– good luck doing that on 1m.
3. If you get a raise sometime during the 25 year mortgage(which you really should) then you can up your payments- Which of the above scenarios will be better when you do that?
4. At 14% there is far more downward rate change possible than at 3.5%, so without a locked in American-style 25 year rate, who is going to be worse off part way through the 25 years?

Think about your own mortgage from 1985. What did you renew at in
1990? 12%
1995? 10%
2000? 8%
2005? 6%
Do you think someone with a 3.5% rate will get better and better rates as they renew?

#59 Heil Caesar on 06.19.18 at 7:09 pm

This President reminds me of Julius Caesar, who was the Emperor of the Roman Empire. Does Trump see himself as the Emperor of the USA Empire out to conquer the rest of our world?

#60 hawk on 06.19.18 at 7:12 pm

#36 MF on 06.19.18 at 6:07 pm

Agreed, the only thing about diversifying the customer base is that, that can be achieved on an elongated timeline.

We have to become more cost competitive, to make exports to far off lands, economically viable.

#61 EP on 06.19.18 at 7:12 pm

S&P gapping down every day for the past 6-7 days but the intra day is almost closing the gap daily showing that although weakness, generally traders are not taking these events at face value, seems a bit constructive on the way down
Dow +/-350 daily does not seem to be making the news like it used too either.
* * *
Would you think that some balance might need to be found between full-on globalization and some sort of randomness and individualism and originality at National level for countries – Nial Ferguson comes to mind when decentralization and city states in old Europe served as the engine of innovation – technological, social, and political?
Also, Nasim Taleb once said centralization and globalization increases fragility, looking for your thoughts, not trying to make a point.

#62 FOUR FINGERS WATSON on 06.19.18 at 7:14 pm

#33 bdwy sktrn on 06.19.18 at 6:06 pm
#14 FOUR FINGERS WATSON on 06.19.18 at 5:20 pm
. Trump may get pounded in the mid terms
/// “there is NO WAY he can win the GOP nomination!”//

this November and lose the house and senate. He could become a lame duck or even get impeached
/// 99 % certain hildabeast will win the presidency///

I spend a lot of time down there and they are loving having someone fight for THEIR country .

wanna bet 50k that he is impeached , smart guy?
……………………………

Good on Trump for representing his country. It is a good thing. I would not bet 5 cents on impeachment, but the Dems are trying and I doubt they are gonna stop. Trump has shit on a lot of people, friend and foe alike. One day it is gonna cost him.

#63 Ray on 06.19.18 at 7:17 pm

This is what one can buy in a nice area of Tucson for $373,000. This would be $2-3 million in Canada
https://www.zillow.com/homedetails/6425-E-Red-Cloud-Dr-Tucson-AZ-85750/8449760_zpid/?utm_source=email&utm_medium=email&utm_campaign=emo-marketreport-recentlysold

#64 Former Texan on 06.19.18 at 7:19 pm

#27 –

As a former Texan, I feel obliged to point out that the economy of Texas (the best and second largest “state” economy in the U.S.) is basically the same size as the economy of Canada. So I’m not sure what point you’re trying to make.

#65 whiplash on 06.19.18 at 7:19 pm

#42 cmj
Trump is enforcing the law under the Flores Settlement Agreement, which dictates that anyone crossing the border illegally their children will be taken into federal custody. This policy existed when Barack Obama was president. Quit watching MSM!

#66 Headhunter on 06.19.18 at 7:20 pm

Dont know why we think we are so important.

I don’t know so I need help with this. What have we Canada offered USA Trump to make a deal and smooth things out. Takes 2 sides to make a deal and surely we have offered SOMETHING to the USA does’t hand grenade our economy.

What card we play and what did we offer? Status quo is done.

#67 Randy on 06.19.18 at 7:25 pm

Wealthy, retired with a fat DB….You say that like it’s a bad thing. I thought that what you were promoting Garth.

#68 pay your taxes on 06.19.18 at 7:26 pm

It appears that those. “Baby jails” and the photos are leftovers from the Obama administration.

https://www.zerohedge.com/news/2018-06-19/shocking-testimony-civil-rights-attorney-asked-obama-close-migrant-baby-jails-2015

Perhaps Trump’s pig headedness will backfire and the rest of the world will find a way around him. CETA will be dead if Italy gets its way, will Freeland have another crying fit?

#69 John on 06.19.18 at 7:28 pm

Heil Caesar..

umm I think you’re a little confused. Try Hail Caesar! Wrong dude…

#70 Howard on 06.19.18 at 7:31 pm

If an adult robs a bank, are we supposed to let the criminal off the hook if he or she has children?

#71 conan on 06.19.18 at 7:32 pm

Had more then one conversation over the last couple of years with people over age 90, all from East Europe, and they have Trump pegged. They know who he is.

#72 The Children on 06.19.18 at 7:33 pm

As regarding the children at the border, the MSM and the outrage north of 49th parallel seems to ignore some inconvenient facts. Seems Obama did the same thing but it wasn’t blared on every screen and device (for some reason).

https://www.nationalreview.com/2018/05/illegal-immigration-enforcement-separating-kids-at-border/

http://brianlilley.com/trump-and-the-truth-about-the-kids-at-the-border/

And, we might want to look a little closer to home:

https://www.ctvnews.ca/politics/feds-warned-of-tipping-point-in-public-support-for-immigration-levels-1.3884271

#73 akashic record on 06.19.18 at 7:34 pm

And this is all because of one man. – Garth.

—-

Garth, your assumption is that the world was living in wonderful harmony, wealth, created by ever increasing economic globalism and borderless, heart-warming liberalism.

Then came along this one man – and everything is out of the window, we are back in the 1930s.

How can you possibly think that one man can reverse the direction of previous decades?

Do you seriously not see, that millions of people (voters) became increasingly unhappy with their financial situation in the globalist economy and with the mainstream liberal ideology moving more and more fringe territories?

Do you really not see that this has been happening not just in the US, but in many Western economies and societies?

I guess, you don’t… that’s why you think the changes are “because of one man”, that’s why you are puzzled that “for some strange reason, this pathetic blog attracts Trump supporters.”

You think they “yearn for a world gone by”.

You don’t even entertain the idea that just questioning the projectory of the globalist future is not necessarily yearning for the past.

Have you ever considered that if globalism would have been as great as you claim, people would not be unhappy with it, they wouldn’t want such a landslide change?

Have you ever spent a moment thinking whether prosperous, democratic Capitalism could exist without strong middle-class – before playing along to eliminate it?

Do you really think that the consequence of destroying middle-class of Western democracies and economies is nothing more significant than “yearning for the past”?

Do you notice, that Trump is not even on the scene yet, before all of these questions emerged?

#74 jess on 06.19.18 at 7:34 pm

one has to ask why conflict occur in the first place trump maybe should look to the exploiters and cut the finance off?

https://www.globalwitness.org/en/
Not For Sale: Congo’s forests must be protected from the fossil fuels industry
The largest protected tropical rainforest in Africa – Salonga National Park in Democratic Republic of Congo – is at risk from oil exploration thanks to a secretive deal with an opaque company.

Press release / May 29, 2018
Opaque UK-owned company obtains controversial oil rights in UNESCO park in Democratic Republic of Congo
https://www.globalwitness.org/en/

Conflict Minerals
Talc: the everyday mineral funding Afghan insurgents
How talc from Afghanistan’s opaque and poorly regulated mining sector is helping fuel the Islamic State and Taliban

==========
https://www.theguardian.com/world/2018/jun/18/sharp-fall-in-number-of-people-seeking-asylum-in-eu
=========================
After U.N. Condemns Israel for Gaza Massacre universal condemnation on protestors voted 120 to 8 — 8 countries out of 120
less conflict when less corruption…abusers use their membership to guarantee their own impunity.
LIVE: Pompeo, Haley deliver statements cuz she is speaking for all the american people?

In his keynote essay, “The Pushback Against the Populist Challenge,” Executive Director Kenneth Roth says that the surge of authoritarian populists appears less inevitable than it did a year ago. Then, there seemed no stopping a series of politicians around the globe who claimed to speak for “the people” but built followings by demonizing unpopular minorities, attacking human rights principles, and fueling distrust of democratic institutions. Today, a popular reaction in a broad range of countries, bolstered by some political leaders with the courage to stand up for human rights, has left the fate of many of these populist agendas more uncertain.

Download the Easy to Read version of the World Report 2018 keynote address.
Secretary of State Mike Pompeo and US Ambassador to the United Nations Nikki Haley deliver remarks at the State Department.
======
intense suffering and deprivation …slammed trump policies phillip alston
Special Rapporteur on extreme poverty and human rights
https://www.ohchr.org/EN/Issues/Poverty/Pages/SRExtremePovertyIndex.aspx
A group of top Democrats are demanding the Trump administration present a plan to Congress to address growing poverty in the United States, following an excoriating report by the United Nations special rapporteur on extreme poverty, Philip Alston. Alston slammed the Trump administration’s policies for worsening the state of poverty in the United States. The report details how 40 million Americans live in poverty, and 18.5 million Americans live in extreme poverty. It also details how the United States has the highest rate of income inequality among Western countries and one of the lowest rates of intergenerational social mobility. We speak with Philip Alston, the U.N. special rapporteur on extreme poverty. He will be presenting his report next week in Geneva.
https://www.democracynow.org/2018/6/15/blistering_un_report_trump_administrations_policies

#75 Howard on 06.19.18 at 7:34 pm

Won’t this all give the clown Poloz the excuse he’s seeking not to raise rates next month?

#76 The Secret Code on 06.19.18 at 7:36 pm

BC Realtors freaking out about dual agency finally slammed by NDP via Superintendent of RE with new heavy enforcement launched last Friday Afternoon. Pages upon pages now need to be signed. The dirty commission is being tracked. It was a good tax avoidance/cash grab while it lasted. You heard it here first. Just wondering what took so long since it was announced forever ago to be fixed.

You know what else you heard here first PRIOR to it actually happening?

May Okanagan Home Sales Volumes in Sharp Constrast to Recent Years – down 28% as per whoever that figure head is representing the board.

Go find my comments. I was warning people months in advance of this.

I might need to change my name to crystal ball.

Wait until you here my next round of predictions (call it a bet) on what else is coming.

Just like Trump we are just getting started on what is sure to be a wild ride. History will be made.

#77 Smugglers Now on 06.19.18 at 7:38 pm

The President told an audience that Canadians are buying shoes, and making them dirty to cross the border. They are smugglers he said, and must be stopped. Does this sound like a sane man to you, or something else more darker?

#78 PGer on 06.19.18 at 7:41 pm

To quote Mr Lahey:
“We’re in the eye of a sh*ticane here, Julian, and Ricky’s a low sh*t system!”

Only you can substitute Trump for Ricky.

#79 LS on 06.19.18 at 7:43 pm

I don’t like Trump, but I don’t like Clinton2 even more. I don’t like T2, and I don’t like F2. I didn’t like people F2 was running against even more. But it is great we have democracy. Would be nice to have someone to vote for without hesitation.

#80 FOUR FINGERS WATSON on 06.19.18 at 7:44 pm

#58 SoggyShorts
Think about your own mortgage from 1985. What did you renew at in
1990? 12%
1995? 10%
2000? 8%
2005? 6%
Do you think someone with a 3.5% rate will get better and better rates as they renew?
…………………….
i honestly don’t remember….but i do remember that my brother got caught at 18%. He had a hard time with that one.

#81 For those about to flop... on 06.19.18 at 7:44 pm

This Trumpet is broken…

M43BC

“Visualizing the Global Export Economy in One Map

President Trump has loudly complained for quite some time about U.S. trade deficits with the world, most recently following the latest G7 summit in Canada. Trump’s rhetoric implies that other countries are enjoying massive surpluses at the expense of American workers. This got us thinking about how the U.S. actually compares as an exporter in the world economy, so we create our newest map.

We got our numbers from the World Trade Organization (navigate to the Statistics Database to locate the original data). The WTO tracks the total value of physical goods each country sends across its borders. Remember, these numbers exclude services—we are only focused on physical items. To create our map, we changed the size of the country depending on the value of exports, and we likewise added a shade of blue for easy reference. This approach highlights the outliers and identifies several key trends.

Top Ten Countries with the Most Exports in 2017 ($B)
1. China: $2,263B

2. United States: $1,547B

3. Germany: $1,448B

4. Japan: $698B

5. Netherlands: $652B

6. South Korea: $574B

7. Hong Kong: $550B

8. France: $535B

9. Italy: $506B

10. United Kingdom: $445B

The most obvious insight that our map contains about international trade is how unequal it is. A few countries dominate the very top of the list, and everybody else falls far behind. The top exporter, China, has 32% more exports than the second-place Americans. The top three countries generate more exports than the rest of the top 10 combined ($5,258B vs $3,960B). You can see this inequality on our map in how China, the U.S. and Germany dominate the visual forefront.

The second interesting takeaway is that there are several surprise countries, including most notably the Netherlands in the 5th spot ($652B). What could the Dutch possibly export to the rest of the world that would land them so high on our list (and give their country such a prominent place on our map)? It turns out they manufacture a lot of heavy machinery and oil, both of which spread far and wide on the international market.

There are also more than a few surprises at the other end of the spectrum. Several countries in Southeast Asia are extremely well known for having export-dependent economies, and yet none of them are anywhere near the top of the list. Go check to see where the things in your closet were made—we bet most of the items came from Vietnam, Malaysia or Indonesia. None of these countries crack $250B in total exports. But also look at Africa, where only a handful of countries have enough exports to make it on our map. Our visualization tells a sad story about the development of these economies.

And finally, it’s easy to believe listening to Trump’s rhetoric that the U.S. hardly sells anything to the rest of the world. Our map demonstrates how that’s just not true. With more than $1.5T in annual exports, Americans stand a lot to lose if a trade war continues to escalate and eventually becomes a reality.”

https://howmuch.net/articles/largest-exporting-countries-2017

#82 Baby Castro JT on 06.19.18 at 7:44 pm

Hi Garth:

My finance minister is saying the CMHC books are cooked and that there is now way out? Is this true?

We are low on ideas but have a few tricks. How can we re-inflate the Canadian economy?

That Trump guy has taken my focus away from planning the next house pump phase that will make market bears scratch their heads as to why house prices keep rising.

The program is called Advantage Canada. The advantage is Cayman like for anyone rich – think global. What about Canadians? They are not part of the equation – but shhhhh, don’t tell them. If we keep the debt pressure up they won’t have time to think, only work like a slave. Giddy up.

#83 MSM-Free Zone on 06.19.18 at 7:46 pm

“….And this is all because of one man….”
________________________________

The Divided States of America is now officially a tin-pot dictatorship. Who knew?

Time for a revision of the national anthem. The current one is no longer relevant.

#84 leebow on 06.19.18 at 7:47 pm

#59 Heil Caesar

More like Nero, or Caligula.

The US will reap what they sow. The effects of his actions will come later. Short term benefit for a long term loss. The US were not built by the likes of Trump.

#85 Willy H on 06.19.18 at 7:49 pm

Trump won’t abrogate NAFTA.

Why?

It would be a “national security risk”!

Ironically, by abrogating NAFTA the US market would lose preferential access to our energy (oil and natural gas) as guaranteed in the “proportionality clause”.

“Article 605 says Canadian energy exports to the U.S. as a percentage of total output cannot fall. In particular, it prohibits the Canadian government from imposing restrictions that causes U.S. imports of Canadian energy to fall, as it did under the NEP.”

http://business.financialpost.com/commodities/energy/shooting-themselves-in-the-foot-how-naftas-collapse-could-disrupt-u-s-canada-energy-trade

#86 conan on 06.19.18 at 7:50 pm

Senegal beats Poland, Unexpected…so here we go.

https://www.youtube.com/watch?v=wxumKErHl50

#87 CanMex on 06.19.18 at 7:52 pm

I suspect that a large number of those Trumpeteers that you see in the comments are Americans from the more deprived parts of the USA, who really glory in the feeling that their votes have stuck a finger in the eyes of the Eastern elites that they so despise. Hillary called them “Deplorables”. I think that was unkind, but she did highlight the problem, probably inadvertently, which is that “trickle-down” economics don’t work. The money has notably failed to trickle down to those that struggle from day to day. Underneath the nationalist bluster Trump is just another trickle-downer with his eye on his personal (and family) advantage. Those supporters continue to live in hope, and will do so until it becomes clear that their hopes are in vain.

#88 Trump Like on 06.19.18 at 7:53 pm

Anyone else a billionaire here? Didn’t think so. Glad you have so much wisdom to comment about how bad Trump is.

This guy continues to game the media. 24/7 TV broadcasts of the guy.

Garth can’t stop talking about him and I am pretty sure I saw Garth waving a “make America great again sign”

Any news is good news as long as people are talking and the approval ratings continue to rise for Trump.

I will re-assess closer to the election but I may very place my bets on another Trump win and make another massive amount of money off of it.

I can’t believe how easy people take the bait and sucked in by this guy – shows you that he knows what he is doing with a bunch of suckers who really have no idea what is going on behind the scenes.

Stick the numbers on what is accomplished.

Obama = great guy, poor track record of results.

#89 Pete on 06.19.18 at 7:56 pm

“Former Conservative leader Rona Ambrose says she’s sure the White House will impose stiff tariffs on Canadian-made cars, shattering the spirit of the decades-old Auto Pact. NAFTA appears to be toast.”

Garth you have inside sources? What % chance have you heard of this actually happening? This is no joke and very frightening trying to comprehend the economic damage this will cause. I was a trump supporter but he has lost his mind. This will financially hurt everyone in one way or another. This is almost biblical like as in revelations where kingdom will rise against kingdom. I am not very religious but this very scary.

#90 Angel on 06.19.18 at 8:00 pm

13 Congress

The link below is for you and all other Trump haters as well as Ford Nation haters…

The sad truth of the matter is that we as a people have been too propagandized and naive to admit how corrupt and vicious our government has become, irrespective of who resides in office. Our current problems are deeply systemic and therefore cannot be solved by obsessing over the symptoms and switching out a president. We need to face reality before we can recover as a society, and to do this we must admit certain uncomfortable truths.

https://www.zerohedge.com/news/2018-06-19/myths-we-tell-ourselves

#91 MSM-Free Zone on 06.19.18 at 8:01 pm

“….For some strange reason, this pathetic blog attracts Trump supporters. My words are hopeless. These zealots defend every quixotic action, inaccurate statement and bully Tweet……”
__________________________

For a true glimpse of society’s virtual underbelly, take a glimpse of the online comments posted after any Postmedia (National Compost, Slum News Network, etc.) Trump article.

Truly frightening. Always wondered how a lucifer-like reptile like Hitler could ever capture the hearts and minds of an entire country (and that was before the internet). Now I know.

#92 Angel on 06.19.18 at 8:10 pm

69 CanMex

To all you leftist…

BTW Je suis Canadien…

“Racism is the lowest, most crudely primitive form of collectivism. It is the notion of ascribing moral, social or political significance to a man’s genetic lineage—the notion that a man’s intellectual and characterological traits are produced and transmitted by his internal body chemistry. Which means, in practice, that a man is to be judged, not by his own character and actions, but by the characters and actions of a collective of ancestors.

Racism claims that the content of a man’s mind (not his cognitive apparatus, but its content) is inherited; that a man’s convictions, values and character are determined before he is born, by physical forces beyond his control. This is the caveman’s version of the doctrine of innate ideas—or of inherited knowledge—which has been thoroughly refuted by philosophy and science. Racism is a doctrine of, by and for brutes. It is a barnyard or stock-farm version of collectivism, appropriate to a mentality that differentiates between various breeds of animals, but not between animals and men.” – Ayn Rand, in her essay “Racism,” from The Objectivist Newsletter 2, No. 9. (1963)

#93 Rural Rick on 06.19.18 at 8:12 pm

It’s complicated our relationship with the USA. We should not forget the truly decent and compassionate fine citizens of that country. This trump government is not representative of them.

#94 Canuck on 06.19.18 at 8:12 pm

Wow Garth, you’re right. You were able to go 1 day and then you had to slip back to a whiny rant about Trump.

I can appreciate your concern about how Canadians will feel the fall out of Trump trying to level the playing field but your comments about China being a powerhouse that will hurt America is laughable. Sure, they have 1.38 billion people but over 1 billion live in poverty and afford to buy the crap they even manufacturer.

North Americans are the largest, greediest consumer group in the world. Without America, all those Chinese factories will be shut down. You don’t see near the amount of Chinese junk for sale Europe. Most Africans can’t even get a decent, clean glass of water let alone buy “stuff” and most of South America, other than drug lords and dictators, is broke.

Trump’s Trump card, is that he leads 330 million of the greediest consumers on the planet. He’s driving and that pisses you off to no end. You hate Trump. We get it.

The Trump brigade would have more creds if they could stop with the ad hominem jabs. Makes you look weak. – Garth

#95 Willy H on 06.19.18 at 8:15 pm

#81 Trump Like on 06.19.18 at 7:53 pm
Anyone else a billionaire here? Didn’t think so. Glad you have so much wisdom to comment about how bad Trump is ……
__ __ __ __ __

LOL

Trump made his money the “old fashioned way”.

He inherited most of it!

His own business record (apart from RE built on his Dad’s legacy) consist of serial failures, one after the other and a long trail of jilted investors and suppliers.

He success relate almost solely to branding and marketing association. A modern day snake-oil salesman.

He has been accused of tax evasion, flouting government regulations, and other shady business practices.

His Presidency will shine a bright light on his past indiscretions both personal and business.

He may well end up the first President to end up in jail.

God willing.

#96 Willy H on 06.19.18 at 8:18 pm

#36 MF on 06.19.18 at 6:07 pm
Not all Trump supporters are blind. I am still a fan because I believe that a strong US is good for Canada and the world.
__ __ __ __

Yes, the same way a strong USSR was good for Poland!

#97 jess on 06.19.18 at 8:22 pm

this will make your head spin
another trump appointee failed to prove voter fraud and this guy is running for gov. of kansas

How the Case for Voter Fraud Was Tested — and Utterly Failed

From a new Supreme Court ruling to a census question about citizenship, the campaign against illegal registration is thriving. But when the top proponent was challenged in a Kansas courtroom to prove that such fraud is rampant, the claims went up in smoke.

by Jessica Huseman

June 19, 3:40 p.m. EDT

https://www.propublica.org/article/kris-kobach-voter-fraud-kansas-trial

#98 NDP on 06.19.18 at 8:23 pm

The new leader is very disappointed to see the NDP vote collapsing. He says the people are just not getting our message, and much work has to be done. Or could it be they do get the message loud and clear. LOL, this clown doesn’t even have a seat in parliament yet.

#99 Shieky on 06.19.18 at 8:25 pm

Re #48

Trump got where he is today by being a master BS artist and the majority of Americans now are embarrassed by his behaviour. If he would have taken the money he inherited from his father and just put it in an index fund he would be financially ahead of where he is today. My disgust is not with the United States or its citizens but the outlandish behaviour of this narcissitic buffoon. With all of the brilliant scientists , engineers, doctors, universities etc. in the United States it is shocking to see that this is the best America could do on November 8,2016. Have a good night.

#100 MF on 06.19.18 at 8:27 pm

#95 Willy H on 06.19.18 at 8:1

USA =/ USSR

Not in any conceivable way.

MF

#101 Long-Time Lurker on 06.19.18 at 8:36 pm

Regarding the outlook for Canada:

Strangely, I failed to find the Stan Brooks victory lap. Too busy? Enough time for a happy dance?

Trump is playing hardball. He got tired of the dallying on NAFTA. Unfortunately, T2 blew it. The heat is on.

#102 tccontrarian on 06.19.18 at 8:44 pm

“And this is all because of one man.” – GT
———————————————————-

Surely Garth, you can’t possibly be that naive! {I’m experiencing a severe case of cognitive dissonance reading this from you}
Trump is there to take all the attention (and ‘blame’), as he’s supposed to. The Deep State runs the show now – ever since JFK the USA ship has been highjacked (by the same entities that created/carried out nine-eleven).
In light of this, the Trump phenomenon makes perfect sense; think about it!

TCC

Ah yes, the Deep State. Their fault. You just blew any credibility you built on this blog. – Garth

#103 Balmuto on 06.19.18 at 8:49 pm

Trump blaming the Democrats for the horrible consequences of his immigration policy is a new low. The words “dishonest” and “weak” come to mind.

Sadly, I’m afraid this is just a taste of what’s to come. Wait until the mass deportations begin…

#104 WUL on 06.19.18 at 8:50 pm

That which follows is off topic. I am not here to slag Pres. Trump. The US, forged in the fire of revolution, has survived worse Presidents.

I visit the linked website below on a daily basis for market and energy stats. Holy cow! Natural gas at the AECO hub (AB?) – $.22 per GJ. Differential of Henry Hub (Oklahoma?)/AECO is $3.73.

The US is swamping us with nat gas from the Marcellus shales. Dump your shares in Canuck nat gas producers at the opening bell tomorrow.

Interestingly, in May, my hacienda consumed 4.37 GJ of methane (infused with Mercaptans so I could smell it) for $4.32. Carbon levy was $7.43.

Odd I’d say.

Thanks for allowing this dialog Turner.

https://www.psac.ca/business/gmpfirstenergy/

#105 Another One on 06.19.18 at 8:52 pm

I have lost count of the number leaving. Joe Hagin the WH Deputy Chief of Staff just resigned suddenly with no notice given. He’s the one that lead the North Korean delegation hoax.

#106 genbizx on 06.19.18 at 8:53 pm

Thank you AB boxster

Not saying Trump is a great guy either but numbers don’t lie
Maybe we could talk less about the guy and dig a little deeper into our own crap…if you think we re headed anywhere in the next 20 yrs but down the crapper you have your head up your a&@$

#107 PBrasseur on 06.19.18 at 8:59 pm

It appears Canada’s strategy of dragging it’s feet renegotiating NAFTA is not working very well…

Maybe it’s time to cut a deal before the whole house of cards collapses.

#108 crowdedelevatorfartz on 06.19.18 at 9:01 pm

@#205 CBJob
“Also what specific pieces of paper are they pushing?”
+++++
Well .
Ironically enough. Todays Vancouver Sun article on the endless increase in Police manpower in the Lower Mainland as……crime stats drop.

The article cited former police chief and former politician Kash Heed.
Who has stated repeatedly that the lower mainland needs a unified police force to combat the gangs that operate in some districts but not others
He accused the police chiefs and politicians of encouraging the status quo hence, more empire building, more staff, more duplication of services all on the taxpayer dime.

Kash Heed quotes
“Never never has the Auditor General come in to see how the province’s policing money is spent…….
In Victoria you have a beaurocracy that is primarily former RCMP officers and the politicians dont have the will or the understanding to change it.
Across the country, provinces and cities we are facing outrageous costs for police while crime falls to rates not seen in generations…
But the Police say “Lets look at guns and Gangs again”

“Jesus Christ, how many reports do we need?”

And the Police in the LM are but one tiny cog in a vast, wasteful duplication of municipal services, fire, sewers, water, hospitals, on and on and on ….
With different uniforms, letterhead, emails, HR Depts,
and the endless, assistants, supervisors, receptionists, dept heads, in the different Cities.
Different Fire Chiefs, Police Chiefs, Engineers of Building, Sewers, Water, Parks, Garbage, Recycling… Mayors, Councillors, Accountants, IT Depts.
All “need” staff, staff and more staff.
They always need more staff. more and more and more.
Because the only way they get a raise is if they become “important”

Civil servants get raises for increasing staffing levels. NOT for saving money.

#109 Freebird on 06.19.18 at 9:01 pm

Breaking TYT video on flight attendant on plane with migrant children leaking information…

https://youtu.be/GXSsH0E0TUA

#110 the ryguy on 06.19.18 at 9:02 pm

#94 Willy H on 06.19.18 at 8:15 pm
——————————————-

Lol, you anti trump losers need some new material.

Yeah he got a loan from Papa…oh imagine the horror.

How many people in the last 40 years won the lottery…and how many of those turned that into billions? Probably none. Another lame insult.

These felonies you believe he’s committed, you don’t think they would have been used against him before/during/after he was running for President against the whole frickin DC infrastructure?

Why don’t you read the IG report that came out last week? Factions of the FBI were planning on taking him down after he was elected but before he was sworn in. Yet you think there’s a smoking gun that wasn’t used?

Honestly at this point Im not even standing up for Trump, just pointing out the idiocy displayed by the anti Trump crowd.

#111 Smoking Man on 06.19.18 at 9:03 pm

T2 bi-election in Quebec. They get crushed.

If T2 wants to stay in power, and he does. Chuck Canada under the bus by backstabbing a serious alpha in the back.

Preying for the retaliation in hopes of mustering nationalist support for Canadians.

Whoa, what happened to post-nationalism.

In any case, Garth is right. Canada is doomed.
Don’t see an easy way out of this one.

Happens every time you elect a girly boy to do an alpha males job.

#112 -=jwk=- on 06.19.18 at 9:07 pm

I spend a lot of time down there and they are loving having someone fight for THEIR country .

I also spend a lot of time down there. Just got back from Phoenix and Miami. They are EMBARRASSED and HUMILIATED that Trump supposedly represents them as him and his cronies help themselves to stealing everything that isn’t nailed down in the THEIR country.

latest: The guy who own Accuweather (paid service) has been appointed by Trump to run the National Weather Service (public service) Guess which one is about to stop providing marine, hurricane, and public weather forecasts? No, really guess!

#113 AM in MN on 06.19.18 at 9:10 pm

The Trump brigade would have more creds if they could stop with the ad hominem jabs. Makes you look weak. – Garth

Well said, and an important lesson the other side should learn if they want to win. Just saw a montage of all the “Nazi” and “slave trader” references on TV about Trump, it falls on deaf ears because it’s 180deg the other way. Protecting yourself from attack or invasion by 200,000 illegals/year is not the same as kidnapping people.

Also, let’s not forget some of the hard feelings from people about putting illegals into Olympic Stadium, and that was trying to deal with just a few thousand.

As was noted by others, Canada would be in a strong negotiating position if it went back to a bi-lateral agreement and had options on shipping oil. Two pipelines to the west coast and it’s a different discussion with the US Govt.

Still I think the big issue will be monetary policy. The Fed will get much tighter…how will Canada follow? It turns out Trump talks to the Fed Chairman regularly. How often does Junior talk to the BoC?

#114 For those about to flop... on 06.19.18 at 9:10 pm

The Orange Octopus will be happy tonight.

Russia already through to the knockout stage of the World Cup, with a game in hand…

M43BC

#115 Investx on 06.19.18 at 9:11 pm

Child abuse is also putting those children in that position do to your immigrating ILLEGALLY.

However, most of the children are being stopped at the border, having been sent without their parents. They are not being separated.

#116 conan on 06.19.18 at 9:12 pm

#89 Pete on 06.19.18 at 7:56 pm

Everyone hoping for the best ,but planning for the worst.

Anyone else feeling sandwiched between the USA and Russia?

Time for Canada to step up to the plate. Hit a global home run, or something.

#117 WUL on 06.19.18 at 9:13 pm

RE: Me at #104

Ooops. mcf (million cubic feet) not gigajoules (GJ) but you get my point. I hope. Or did I miss the Mark (circa 2013)

#118 Wrk.dover on 06.19.18 at 9:19 pm

#259 Ace Goodheart on 06.19.18 at 5:26 pm

Good one. Thanks for the lesson. Clarity.

#119 jess on 06.19.18 at 9:21 pm

fake booze

http://www.abc.net.au/news/2018-06-18/fake-alcohol-brands-being-sold-in-australian-bottle-shops/9845350

#120 WUL on 06.19.18 at 9:25 pm

Jaysus, could a crafty Albertan set me straight? mcf must be 1000 cubic feet not one million. Although, I did bring home a brand new methane Weber, assemble it and grill veggies, chicken and steak but cripes.

As I said, my compatriot Oilfield Trash will tune me up.

Sorry Garth. I’ll shut up now.

#121 PBrasseur on 06.19.18 at 9:32 pm

Not even a hint of a recession in the US, the economy is solid a able to face the head winds of a trade dispute, there couldn’t be a better time to apply pressure on so called partners who keep their markets out of reach.

I hope Trump wins this battle, I truly do and if he does we’ll all be better off.

#122 Linda on 06.19.18 at 9:34 pm

To clarify, Trump doesn’t care about anyone but himself. Not even America, unless doing so does good things for him. It would be extremely interesting to find out just what the Trump portfolio looks like – for instance, do the attack tweets & imposition of tariffs correspond to a swelling of the personal balance sheet? Would not be the least bit surprised should that be found to be a happening thing.

As for China, keep in mind that loss of face is something they won’t forgive or forget. Plus they’ve all those spare male bodies due to generations of one child policy coupled with a bias towards male offspring. Lots of born in China men can’t find a born in China woman to marry. Traditionally governments are more willing to engage in war when there is an excess of male bodies.

#123 Playwright on 06.19.18 at 9:34 pm

There is enough material from USA to craft an award winning stage play in Canada. The plot needs to justify the theme, unless it becomes a combination or an imbroglio of sorts. I wonder what the theme would be or called. We could use a few laughs.

#124 Keith on 06.19.18 at 9:34 pm

#110 the ryguy

“Yeah he got a loan from Papa…oh imagine the horror.

How many people in the last 40 years won the lottery…and how many of those turned that into billions? Probably none. Another lame insult.”

How many people got a loan from a developer father, with business and political contacts from building thousands of units of housing. Do you have any clue how real estate development works in NYC? If you aren’t in with the politicians you will go broke in a hurry. Trump didn’t just get a loan, he got access to his dad’s network – far more valuable than mere money.

Do some homework about “free enterprise” America – the least socially and financially mobile country in the West. The class you are born in, you are more likely to die in than any other western country in the world. Keep drinking the Horatio Alger cool aid, it puts you down and keeps you down.

#125 bdwy sktrn on 06.19.18 at 9:38 pm

#63 Ray on 06.19.18 at 7:17 pm
This is what one can buy in a nice area of Tucson for $373,000. This would be $2-3 million in Canada
————————
Ray is hitting the JD early it seems

tuscon is the 52nd largest metro in the country

the 52 largest metro area in canada is north bay.

a newer similar size house goes for 225k (305k cad)

https://www.realtor.ca/Residential/Single-Family/19209686/473-NORMAN-AVENUE-North-Bay-Ontario-P1B0C6

soooo – for the same city rank and house size, canada is close to half the price of the USA.

got math?

#126 angel on 06.19.18 at 9:39 pm

I am currently in the USA on business as well and this is how I see it.

The powers that control the government are emporers and the tax payers are robbers…

In his book – The City of God – St. Augustine said this: “Justice being taken away, then, what are kingdoms but great robberies? For what are robberies themselves, but little kingdoms? The band itself is made up of men; it is ruled by the authority of a prince, it is knit together by the pact of the confederacy; the booty is divided by the law agreed on. If, by the admittance of abandoned men, this evil increases to such a degree that it holds places, fixes abodes, takes possession of cities, and subdues peoples, it assumes the more plainly the name of a kingdom, because the reality is now manifestly conferred on it, not by the removal of covetousness, but by the addition of impunity. Indeed, that was an apt and true reply which was given to Alexander the Great by a pirate who had been seized. For when that king had asked the man what he meant by keeping hostile possession of the sea, he answered with bold pride, “What thou meanest by seizing the whole earth; but because I do it with a petty ship, I am called a robber, whilst thou who dost it with a great fleet art styled emperor.”

#127 april on 06.19.18 at 9:41 pm

#76 The changes your referring to are considered a “huge win” for BC realtors, according to Ross Kay. It appears you’ve got it wrong unless we’re misunderstanding you.

#128 tccontrarian on 06.19.18 at 9:43 pm

Ah yes, the Deep State. Their fault. You just blew any credibility you built on this blog. – Garth
—————-
Ah yes, ‘credibility’.
I present a (extremely well-researched), point of view that I believe is as close to the truth (I read all credible/non-credible sources). The thing is, truth is not a popularity contest; but I’m OK with not being popular – comes with being contrarian anyway. What calling for a crushing bear market has now made me ‘credible’???

It’s a known fact that very few are willing to go down that ‘rabbit-hole’ – mainly because it’s too uncomfortable.
I chose to so I know!
As I’ve mentioned before (maybe a year ago or so), for instance, I’ve challenged several individuals to come up with proof that a plane hit the Pentagon (offered them $1,000), and none have returned to claim the cash!
Why??
Very likely, upon discovering for themselves that their version of ‘truth’ was purely fiction (ie. no proof anywhere to support the ‘official’ narrative), they felt shattered and even scarred emotionally (and probably too embarrassed to show their faces).

You can (if you want) take this ‘challenge’, as well. But we both know you can’t – too public a position you have to go ‘there’. Your clients would drop you for being a ‘conspiracy theorist’ and there goes the business – even if you’re right! I have no such worries.

But nothing stops you from doing so privately…if you have the same thirst for ‘truth’ as I have.

Either way, keep the blog going where everyone can voice their views. Even unpopular ones!

TCC

#129 AR on 06.19.18 at 9:47 pm

It really just comes down to a single question. Do you think money is more important than humans? (or people’s children)? Our utopia creates someone else’s dystopia. Just because we’re white doesn’t mean you’ve earned a better life. And the reverse.

Never been so discouraged. We are all just greedy.

#130 Slowly Boiling Frogs on 06.19.18 at 9:48 pm

#77 Smugglers Now on 06.19.18 at 7:38 pm

The President told an audience that Canadians are buying shoes, and making them dirty to cross the border. They are smugglers he said, and must be stopped. Does this sound like a sane man to you, or something else more darker?
————————————————-

This is actually very true.

The staff at Buffalo’s Galleria Mall can tell you how they have to go out to the parking lots at night to clean up all the packaging and price tags cut off of purchases by Canadians.

The shoppers from the great white north then put on multiple layers of clothing, throw out old shoes and put on the new ones, wear their new watches and jewellery, etc… in order to smuggle their purchases over the border in order to cheat the Canadian government of its taxes and duties.

Trump is right about this one since it happens every day.

#131 SimplyPut7 on 06.19.18 at 9:48 pm

For some strange reason, this pathetic blog attracts Trump supporters. My words are hopeless. These zealots defend every quixotic action, inaccurate statement and bully Tweet. They pine for having a similar alt-right champion in Canada and yearn for a world gone by.

——————————-

The Liberal government in Ontario spent $377 million to set up the Green Ontario Fund using cap-and-trade proceeds.

http://torontosun.com/news/provincial/ford-pcs-end-green-ontario-fund-rebates

How much do you think it was projected to cost to run the fund/agency every year, or will every person who tries to audit the previous Liberal government books be labelled Alt-right?

#132 Millmech on 06.19.18 at 9:49 pm

I wonder if T2 worked as hard as Trump to repatriate all the mills that moved to Asia( you know the ones that all of our log exports go to feed) would we be calling him out as a lunatic?
Also if Trump tariffs the auto industry I know within two weeks of that the letters will start flying out for HELOCs to be repaid(when my plant closed down my HELOC was called after two weeks of no pay cheque grace period, to be paid in full).The Nice Lady @The Bank will not be so nice if this occurs, be prepared

#133 Leichendiener on 06.19.18 at 9:51 pm

Rona is the sharpest tool in the shed. The Mexican election is July 1st. Ontario it all starts there.

#134 conan on 06.19.18 at 9:53 pm

#111 Smoking Man on 06.19.18 at 9:03 pm

Das Trump flavored Kool Aid spew, and nothing of what you just posted, is actually true.

Trump is wearing the black hat against Canada.

If you like that, then your are part of the problem, not the solution.

#135 Danforth on 06.19.18 at 9:54 pm

Trump stands for nationalism, protectionism and America-first.

That is a mere subtext.

Trump stands for white supremacy.
And without opposition, he will proceed down a path of “ethnic cleansing”. If someone puts a death camp proposal in front of him, he’ll sign it with his big sharpie.

If you read it here first, you’re not paying attention.

#136 jess on 06.19.18 at 9:55 pm

Fears of housing ‘fire sale’ as interest-only loans roll into principal plus interest

“As property prices in Australia have climbed over the past few years, thousands of Australians desperate to get a foothold on the property ladder have used interest-only loans. But the interest-only period on these loans doesn’t last forever. Over the next three years, interest-only loans worth a combined total of about $360 billion will roll over to interest plus principal — and that means borrowers will face higher repayments.”

“For Queensland farm manager Hugh Mackey, 61, the switch to interest-plus-principal repayments may prove too much. He and his wife tried to build a retirement nest egg, buying two investment properties in the coal mining town of Blackwater in 2008, financed by almost half a million dollars in interest-only loans with ANZ. ‘I’m not sure I can retire at 65 the way things are going now,’ he said.”

“The town’s rental market has slumped, the houses have halved in value, and Mr Mackey is struggling to meet his loan repayments.”

“‘At the moment, with interest only, we’re forking out I think approximately $30,000 a year of our own money, separate to the rental income, to not default on the loans.’ Mr Mackey has never missed a payment so far, but this month his loans are switching over to principal-plus-interest. That means he’ll have to find another $12,000 every year to cover the mortgages. He is yet to speak to his bank. ‘If it gets serious and ugly, I presume they can probably bankrupt me,’ he said.”

“Even if he sells both investment properties, he has zero equity and may still owe ANZ about $250,000. He says he regrets ever buying the Blackwater houses. ‘It was probably the worst decision I’ve ever made in my life,’ he says.”

“It has become harder to refinance, with banks applying greater scrutiny to people’s debts and spending habits. By 2015, interest-only loans had grown to almost 40 per cent of outstanding housing credit in Australia. In March 2017, the Australian Prudential Regulation Authority put the brakes on, limiting interest-only lending by the banks to 30 per cent of new home loans. Earlier this month, official data showed new lending to property investors had fallen to its lowest level in two years.”

http://www.abc.net.au/news/2018-06-19/fears-as-interest-only-loans-roll-into-principal-plus-interest/9886430

#137 KLNR on 06.19.18 at 9:55 pm

LOL apparently “the ryguy” is the king of the zealots that Garth is referring to. dude couldn’t make a coherent argument if he tried. just a long list of insults and adhominems with a few red herrings for good measure.
So weak.

#138 Ray on 06.19.18 at 10:04 pm

#124 bdwy sktrn on 06.19.18 at 9:38 pm
#63 Ray on 06.19.18 at 7:17 pm
This is what one can buy in a nice area of Tucson for $373,000. This would be $2-3 million in Canada
————————
Ray is hitting the JD early it seems

tuscon is the 52nd largest metro in the country

the 52 largest metro area in canada is north bay.

a newer similar size house goes for 225k (305k cad)

https://www.realtor.ca/Residential/Single-Family/19209686/473-NORMAN-AVENUE-North-Bay-Ontario-P1B0C6

soooo – for the same city rank and house size, canada is close to half the price of the USA.

got math?#124 bdwy sktrn on 06.19.18 at 9:38 pm
#63 Ray on 06.19.18 at 7:17 pm
This is what one can buy in a nice area of Tucson for $373,000. This would be $2-3 million in Canada
————————
Ray is hitting the JD early it seems

tuscon is the 52nd largest metro in the country

the 52 largest metro area in canada is north bay.

a newer similar size house goes for 225k (305k cad)

https://www.realtor.ca/Residential/Single-Family/19209686/473-NORMAN-AVENUE-North-Bay-Ontario-P1B0C6

soooo – for the same city rank and house size, canada is close to half the price of the USA.

got math?
——–
You are comparing North Bay to Tucson ? WOW !!
I’ii take Tucson in February (75F) over North Bay ( cryogenic),every time . BTW ,Tucson has a population of over 500,000 compared to North Bay’s 50,000. A better comparison could be Hamilton, but then again Hamilton’s weather still sucks in February.

#139 Pete from St. Cesaire on 06.19.18 at 10:04 pm

I don’t know what tariffs Canada has on US car imports but I suggest that Trudeau eliminate all tariffs on European cars. People here would love to have access to Renault, Peugeot, and a whole host of other well-made classy euro-cars that aren’t in the Mercedes/Bentley price range. And also eliminate tariffs on IKCO’s line such as the new Samand just for good measure.

#140 akashic record on 06.19.18 at 10:10 pm

#240 bill on 06.19.18 at 3:13 pm
#73 akashic record on 06.18.18 at 7:33 pm

http://muller.lbl.gov/pages/IceAgeBook/history_of_climate.html
if you hadnt seen it before…

Thanks for the link Bill.

It is remarkable that climate science ignores the astrological impact that was observed and acknowledged by natives around the world over the history, living in a much closer relationship with nature than we do.

Interestingly, it looks like transportation statistically is one of the largest source of greenhouse gas emission across the globe.

Globalized economy certainly moves huge volume of materials, finished products back and forth between continents, countries. Much more than local economies.

Relying more on local economies might have the side-effect that climate treaties could not have achieved maintaining the enormous volume of transportation, required by globalism.

#141 Truth on 06.19.18 at 10:13 pm

The truth matters not anymore, because only the perception of the truth counts now. Tell the same lie enough, and it becomes the truth. Bruce Lee stated pour water into the teapot, and it becomes the teapot. Let’s say reality doesn’t exist, so just create the reality using technology like a green screen. Its all smoke and mirrors in the world of today, unless you become a critical thinker and begin to red flag items.

#142 Shawn on 06.19.18 at 10:19 pm

USDCAD to 1.4. Nasdaq to 10000.

Emerging markets and Europe will continue to struggle.

We’re in a secular bull market for US equities and USD. History shows it’s best to keep it simple during these periods. VFV in $CAD

#143 bdwy sktrn on 06.19.18 at 10:25 pm

#120 WUL on 06.19.18 at 9:25 pm
Jaysus, could a crafty Albertan set me straight? mcf must be 1000 cubic feet not one million. Although, I did bring home a brand new methane Weber, assemble it and grill veggies, chicken and steak but cripes.

As I said, my compatriot Oilfield Trash will tune me up.
——————————
google is your friend…. just ‘mcf’ into a search bar and presto!
just like us engineers do when we are discussing legal definitions of which we are unsure. ;)

#144 CalgaryCarGuy on 06.19.18 at 10:27 pm

Re #44 Reynolds531
We need to declare an emergency and build the mother of all pipelines to tidewater
——————————————————————–
You’ve got that right bro! If Canadians can’t see that now there is no hope. We need the money and the new markets. Third largest oil deposits in the world and here we sit.

#145 Unkerdown storms a brewin! on 06.19.18 at 10:27 pm

Tariffs imposed by Trump can’t be good for economic growth in the U.S. If commodities grow in price this singnals inflation as prices rise. To combat inflation up goes the interest rates. If rates go up, why put money in stocks. Down goes the market. Oh….BTW…job figures and other controlled nonsense. Don’t believe anupy of it, remember figures lie and liars figure. If I where Trump I’d start thing what might happen when China dumps all the U.S Tresurury Bills they hold. You still think we have problems?

#146 Goverment STrumpets on 06.19.18 at 10:33 pm

Be thankful for Trump, and consider it a warning for when the left goes too far. If this invasive leftist claptrap does not simmer down, it is going to be a hard right turn and Trump will seem a quaint reality show host. Not my wish, but I feel it in everyday anger while the elitists fiddle and preach in high towers. What a world.

#147 Angel on 06.19.18 at 10:37 pm

The Left does not care about family separation

https://m.youtube.com/watch?time_continue=1&v=JQDwEBMgV14

#148 CalgaryCarGuy on 06.19.18 at 10:43 pm

Re AB Boxster #53

WOW. Some awesome posts tonight! I love this blog. —————-A follower since about ’09 or ’10.

#149 Full High And Dry on 06.19.18 at 10:44 pm

In the southern state areas there no basements for the most part with nice recreation rooms for example. The cost for the construction of a basement needs to be factored into the price when comparing properties.

#150 akashic record on 06.19.18 at 10:54 pm

Monidoo Mukwa (Spirit Bear) lend us your strength, please, when we need it.

https://www.youtube.com/watch?v=nRIugK8A-tg

#151 Whinepegger on 06.19.18 at 10:57 pm

Don’t care for the orange guy at all. And I do know how to get his attention. The guy refused to divest himself of his assets as per custom when he took office. IMHO that makes his assets fair game to those daring enough to go after him where it hurts. G6 should get together with China and freeze all Trump associated international assets. You’d hear a different tweet from the twit!

#152 Leo Trollstoy on 06.19.18 at 11:04 pm

US$ all day every day

Inflation healthy

Gold sucks

You’re welcome

#153 fishman on 06.19.18 at 11:09 pm

I’ve been a Trump guy since day one & still am. Its become useless discussing his positives with a Trump hater. The gulf has grown too wide for any dialogue. I picked up on this chasm this fall down in the states. Among families, political discussion was off the table. Each side has stopped listening to the other. Just went places families can’t go & the possibility of no return. Interestingly, it seemed the family matriarch put the glomp on political discussions at the family table.
I kinda lean to the theory that Trumpsters like Trump for the same reason that men go to war. Because they are bored.

#154 Proxy War on 06.19.18 at 11:17 pm

#135 Danforth – Its already been done, because a huge war is taking place called a proxy war which I have been watching for days. There are many countries involved, and you won’t see a thing on the MSM for the most part. I am watching the main port because if things go wrong up to 2 million people might die.

#155 Marcus on 06.19.18 at 11:31 pm

Yes Garth you are correct ….. Canada is in for a real beating over the next few years. All of it well earned and self inflicted. Regarding China it is a house of cards ready for collapse. They have so many demographic and geographic problems that it will be a miracle if they make it to 2020 without major changes. They are pissing off so many of their neighbors and destroying the sea-life in the West Philippine Sea. They treat all non Chinese in this region like mongrel slaves. At some point they will take one step to far and then they will get the shit kicked out of them. As for their artificial Islands and all the military hardware they are installing …… lets just say that GPS is a wonderful thing when it is installed in a Tomahawk cruise missile.

#156 the ryguy on 06.19.18 at 11:39 pm

#124 Keith on 06.19.18 at 9:34 pm
——————————————
Well I guess anyone could have done it then, why aren’t you a billionaire developer turned president Keith?

Oh the irony of “no social or financial mobility”.

So the United states is either the worst most racist place in the world…or its a god given safe haven for every underprivileged person not born there. Which is it?

You lefties are completely insane.

#157 Steve French on 06.19.18 at 11:47 pm

CNBC Commentator Rachel Maddow chokes up and cries on air as she struggles to deliver news that migrant babies and toddlers have been sent to “tender age” shelters in Trump’s America

https://www.youtube.com/watch?v=IKQ2-xZ-21s

#158 the ryguy on 06.19.18 at 11:54 pm

#137 KLNR on 06.19.18 at 9:55 p
—————————————-

So rather than answer any of the questions I posed, you just resort to insults? And Im weak?

No friend, I make excellent points, then I insult you, because frankly you deserve it.

You make no counter argument, you insult me.

So lets remove the insults..and you are left with nothing. At which point you turn to page 43 of your lefties playbook… “call him racist, sexist, white male patriarchy and run off into a safe space or cry room”.

Yawn, you’re a joke.

#159 Balmuto on 06.20.18 at 12:03 am

Gotta love the U.S. shoe industry’s response to Trump’s latest whopper:

“The president is “misinformed” and Canadians have no real reason to smuggle in shoes because their government is already helping lower their costs through trade deals, Matt Priest, president of the Footwear Distributors and Retailers of America, said in an emailed statement.

On behalf of the American footwear industry, we welcome anyone from anywhere to come and purchase shoes in America,” Priest said. “We don’t care where they wear them, and if they get scuffed up all the better so we can sell them more.”

Translation: Our president’s an idiot. We’re so sorry.

https://www.google.ca/amp/s/www.bloomberg.com/amp/news/articles/2018-06-19/footwear-industry-slams-trump-s-claims-canadians-smuggle-shoes

#160 Blutterfy on 06.20.18 at 12:07 am

Re #139 Pete from St Cesaire

Agreed.

#161 Dusty on 06.20.18 at 12:07 am

The damage done will linger for a generation? I thought my baby boy had it made.

#162 Blutterfy on 06.20.18 at 12:10 am

Trump’s actions make complete sense and become quite predictable if you imagine him as Putin’s puppet. Just sayin’.

– alienating all your allies is good when you need o make new ones and for taking down a world power. You’ve got to get them on the inside when they’re all fuzzy and nostalgic.

#163 waiting on the westcoast on 06.20.18 at 12:14 am

Uruguay is going for win #2 against Saudi Arabia. Not being an oil rich state run by an oligarch, we can assume that the score won’t be 5-0!!!

Some more interesting Uruguayan facts:

In December 2013, Uruguay became the first country in the world to legalise the production, sale and use of marijuana. So, we Canadians should get off our high horse about how progressive we are. Not wanting to end up like Amsterdam, foreigners cannot purchase any of the drug (although they will export it).

Uruguay is about the size of Washington State but only house just over 3.3M people. But don’t worry, they won’t be lonely as there are over 12M head of cattle.

#164 Cici on 06.20.18 at 12:16 am

Don’t despair Garth. This blog also attracts legions of Trump detractors, we’re just way less vocal on the topic of our least favourite subject, i.e., that scary and pathetic excuse for a human being.

#165 Gregor Samsa on 06.20.18 at 12:42 am

No one seems to be talking about the real issue that Trump is getting at: as a Canadian, I may only buy a measly $20 worth of goods from the United States online before CRA gets their filthy paws on it to add taxes and handling fees. In other words, a tariff. Americans on the other hand can purchase something like $500 before getting hit with something similar.

#166 Karlhungus on 06.20.18 at 12:55 am

In a trade war someone has to win, everyone cant lose. Higher tariffs mean more money coming in for the government. So I guess the government wins?

#167 Justin Beaver on 06.20.18 at 1:11 am

You know, it’s 24/7 Trump hysteria on every news outlet. They are constantly invoking Godwin’s Law.

The reality is he’s a protectionist president that has successfully raised the US stock market, the US dollar while lowering taxes and unemployment. If you like those things , you should like Trump. If those things haven’t helped you, then you probably don’t like Trump. But forget the hysteria. It’s all bought and paid for by vested interests, namely those whose pocketbooks are hurt by protectionism.

#168 Damifino on 06.20.18 at 1:11 am

#122 Linda

Traditionally governments are more willing to engage in war when there is an excess of male bodies.
—————————

When it come to warfare, male bodies are now almost irrelevent.

#169 Dolce Vita on 06.20.18 at 1:23 am

Smoking Man, 1 of the few times I agree with you completely:

“Happens every time you elect a girly boy to do an alpha males job.”

Liberal Elite capitalized on his surname, got him elected, “handled” him and now he actually believes he is this persona they created.

He is not.

He is nothing more than a Trust Fund Pretty Boi that bounced from 1 job to another, having done nothing to distinguish himself other than having the genetic blind luck of having had a Great Canadian as a Father.

Let’s hope the Liberal Elite “handle” him to lead Canada out of the misery that is to come.

#170 NoName on 06.20.18 at 1:43 am

Hopefully potato drink is on standby…

https://www.cnbc.com/amp/2018/06/19/moscow-runs-low-on-beer-necessities-for-thirsty-world-cup-fans.html?__twitter_impression=true

#171 ramblarou on 06.20.18 at 1:44 am

I understand that your tenure in parliament may have left an indelible political bias to your argumentation style. You are welcome to resort to emotional hyperbole about “child abuse” and “inhumane immigration laws and jingoism” or rhetorically escalate directly to impotent ad hominem insults of Trump and his supporters, but at least try and get your economic arguments correct.

You claim : “There’s never been a trade war anyone won”. Really? Based on one anomalous and misunderstood Smoot–Hawley Tariff data point? Trade wars are fought and won on the same basis as any war, i.e on the relative strength of the opposing sides and their respective will to use their power advantages to force a desired resolution on the weaker opponent. Highly exclusionary tariff policy was one of the main drivers of economic growth and success which made the USA the world’s leading economic power in the late 19th century. The discriminatory British Imperial preference tariff system was key in leveraging and maintaining the UK’s status as a great world power. The use of tariff barriers and asymmetrical tariff policy by countries such as Germany after unification in 1879 to WW1, Japan in the Meiji period and again post WW2, South Korea in the 1980-90’s and China since 1980 were key to those countries rise to world economic power status. Tariffs and trade wars have historically been a key tool and highly effective weapons used to enhance economic power and hence political sovereignty and influence, no less so than actual wars.

China may well be “on its way to being the biggest economy”, but it is neither demographically, technologically or financially capable of seizing that role from the USA or even the EU in the foreseeable future. The G7 summits have historically had no real economic significance and are little more than a photo opportunity for lesser known vassal State leaders to pose with the real power represented by the global agenda setter, the US President.

The reason Trump does what he does is because he can. He can because his “key allies” who now “feel alienated” made their own poor policy choices by abdicating their own sovereignty by handing over their core strategic defence, economic and political policies to the USA and the almighty US Dollar based trade system. By choosing the easy path of pursuing their own welfare state consumerist material agendas rather than expend their scarce power resources to defend their own sovereignty these countries must now bend to the will of the USA. Is it not illustrative that a North Korea can negotiate almost as an equal with Trump whilst Canada can only whine behind his back or grovel before him.

What the benevolent ruler of the free world chooses to grant to Canada in a neighbourly gesture of good will such as the Auto Pact or NAFTA, he can just as easily and cruelly take away, if he feels you disrespected or displease him. Face reality, Ontario car workers will never be as important to Trump as Wisconsin dairy farmer or Pennsylvania steel workers. Suck it up and get with the program or wait for the next Obama or Hillary to bail you out.

#172 Dolce Vita on 06.20.18 at 1:52 am

SoggyShorts, 4 Fingers Watson

I have been reading your great Canadian Mortgage debate for the past few days.

The answer is in the numbers (25 yr. amortization):

$1MM, 3.5% $350K, 14%
Monthly Payment $4,992.70 $4,108.57
Total Interest Paid $497,811.00 $882,570.31
Total Payments $1,497,811.00 $1,232,570.31

4 Fingers correct that his late 70s, very early 1980’s mortgage being more onerous than a current day/rate mortgage of 3X the Principal.

It’s in the Interest Paid.

14% was considered an OK rate for the then FOMO times (esp. in late 70s, very early 80s RE crazed Calgary).

Renewals were in the 20% range [see Chart link below], 4 Fingers is again correct about that.

Besides T1’s Windfall Profits Tax on the oil industry…the 20% or so mortgage rates killed Calgary’s RE crazed FOMO cohort.

https://www.theglobeandmail.com/real-estate/the-market/remember-when-what-have-we-learned-from-80s-interest-rates/article24398735/

______________________________________

I took interest in your debate since I expect rising mortgage rates [fixed & variable], a large $ value increase in very expensive current subprime lending and an impending recession in Canada will effectively CRASH Cdn. RE [if you believe a TD Bank Economist & Trump makes good on his Cdn. tariffs].

I have been posting for long enough that 4th Qtr 2018 is when the largest Cdn. RE asset devaluation in its history will occur [and a deep recession].

Garth’s post today sees that prediction home.

#173 Myra Andrews on 06.20.18 at 2:11 am

Greater Vancouver Stats from realtor Paul Boenisch

June 19 New 268 Sold 152 TI: 12,715
June 18 New 285 Sold 149 TI: 12,699

June 15 New 179 Sold 140 TI: 12,637
June 14 New 306 Sold 104 TI: 12,679
June 13 New 278 Sold 134 TI: 12,533
June 12 New 318 Sold 106 TI: 12,477
June 11 New 372 Sold 131 TI: 12,368

June 8 New 202 Sold 108 TI: 12,271
June 7 New 232 Sold 117 TI: 12,226
June 6 New 295 Sold 156 TI: 12,154
June 5 New 359 Sold 101 TI: 12,105
June 4 New 376 Sold 117 TI: 11,942

June 1 New 224 Sold 105 TI: 11,817

Inventory at the end of:
May- 11,975
April- 10,459
March- 9,032
Feb- 8,211

#174 PeterfromCalgary on 06.20.18 at 4:28 am

Looks like Trudeau is going to sacrifice Ontario’s Auto industry just to protect the dairy cartel. If he does this it will be Ontario’s National Energy Program which was brought in by Justin’s dad and ruined the Liberals brand in Alberta. Because of Ontario’s big population this could mean the end of Liberal governments in Canada. I will not miss the Liberals!

#175 Desparately Seeking Serenity on 06.20.18 at 5:03 am

So, you are surprised that your blog dogs are attracted by a quixotic maverick?

And only a couple sessions before, you describe your career which sounds somewhat like a quixotic maverick?

Garth, you represent something real and interesting, not unlike Mr. Trump on the State-side.

Do I agree with everything that he does? Not at all. Does he surprise me? Yes, all the time. Same goes for you with some of your comments, like how you don’t understand why Trump-ites might be drawn by your interesting take on life in Canuckistan.

#176 Michael on 06.20.18 at 5:35 am

“TD bank said this week the Trump assault on maple-made vehicles will permanently scar our economy, putting at risk one of every five factory jobs in Ontario.”

Well then, it is a good thing the socialist governments in Ontario spent the good times taking on the largest sub-national debt in the world. Good work!

#177 Gravy Train on 06.20.18 at 6:02 am

#73 akashic record on 06.19.18 at 7:34 pm
“You don’t even entertain the idea that just questioning the projectory [sic] of the globalist future is not necessarily yearning for the past.”

Sorry, but projectory isn’t a word. Did you mean to write the word trajectory?

You lose credibility when you write almost as badly as Smokey—who, ironically, claims to be a writer! I realize that four-syllable words are difficult for ‘deplorables’, but try to make an effort! (Maybe use a dictionary once in a while.) :)

#178 New Era on 06.20.18 at 6:13 am

DELETED

#179 New Era on 06.20.18 at 6:18 am

to # 71 conan

Yeah, they got Trump pegged – as if.

If they are over 90 years of age they are lucky if they know their own names !

What a truly silly thing to post.

#180 Danforth on 06.20.18 at 6:32 am

@ #154 Proxy War
What course of events do you see a possible outcome here?

#181 New Era on 06.20.18 at 6:33 am

DELETED

#182 Karl on 06.20.18 at 6:41 am

I think we gloss over a paramount problem when we get lost in all of our left vs. right political poop slinging contests; the lack of accurate and unbiased information.

Good journalism is dying. A well informed society is the best kind of society. We are bludgeoned daily with all kinds of biased “news”, both from the left and right.

No one listens to each other anymore. It’s just “this is my side and I’m right!” It has created a deep divide that will only hurt us all. All sides are guilty of this.

#183 New Era on 06.20.18 at 6:56 am

to # 135 Danforth

Are you serious ?
Or just trolling ?

I cannot believe that anyone that thinks this way can actually function in society.
Well, nowadays I guess there are all sorts of freaks that subsist in our “society”, nurturing their own specific types of insanity – like you.

Do you stay at home all day with the curtains drawn ?

Do you check under the bed at night before getting into it ?

Give your head a shake matey – or reality will do it for you.

#184 maxx on 06.20.18 at 7:21 am

How are trade wars, barriers and the erosion of so much good will good for anyone?

This is the last thing Ontario needs, given the behemoth debt it is carrying.

I see short, medium and long-term pain for so many people. The kind of pain that even the Bank of Mom will be largely incapable of fixing. Tons of personal debt accumulated over the past 2 decades will not be serviced well at all by any of this protectionist action.

It’s crystal clear that Mr. Trump does not like Mr. Socks, his kumbaya roadshow nor the arrogance and derision aimed at the US displayed by some Canucks.

Self indulgence always has a price.

#185 NYCer on 06.20.18 at 7:24 am

Sorry if posted already.

Time for Canada to threaten to stop respecting drug patents?

https://www.cbc.ca/news/health/second-opinion-trade-dispute-canada-us-drug-patents-intellectual-property-1.4708630

#186 dharma bum on 06.20.18 at 7:26 am

Because everyone else is in for some hurt. – Garth
——————————————————————–

https://www.youtube.com/watch?v=VopC0g5UViM

#187 Tater on 06.20.18 at 7:46 am

#49 the ryguy on 06.19.18 at 6:56 pm
#42 cmj on 06.19.18 at 6:32 pm
————————————–

Were these the photos recently paraded around CNN that actually happened under Obamas watch? Where was your outrage then? Why aren’t you outraged now that OBAMA was the one that had these kids in cages?

Did you blaspheme Mr Humidor Bill Clinton during the Elian Gonzalez fiasco?

Do you blame the parents that bring or send their children on an incredibly dangerous route to break another countries laws?

Were you protesting the Alfie Evans decision? Do you even know who that is?

No you just blame Trump. Trump derangement Syndrome at its worst. God grow up and see the UNBELIEVABLE double standards you morons are mired in.
—————————————————————-

What laws are being broken when a family shows up at the border and seeks asylum? The US still offers that as an option for immigrants, so why are people who are trying to claim asylum having their kids taken away?

And if this was happening under Obama, it was just as wrong, so GTFOH with your what-about-ism.

#188 Reddy on 06.20.18 at 7:46 am

Congratulations Canadians on a passing the final hurdle and vote to make marijuana legal. . Good times ahead. . .

#189 NoName on 06.20.18 at 8:28 am

188 Reddy on 06.20.18 at 7:46 am
Congratulations Canadians on a passing the final hurdle and vote to make marijuana legal. . Good times ahead. . .

Just don’t forget 40+ new offences that didn’t exist before with some hefty fines and heftier jail time. Enjoy! Won’t last long.

#190 New Era on 06.20.18 at 8:32 am

Pretty obvious that the existing Liberal government in Ottawa and the NDP in both BC and Alberta are actively trying to divide and destroy this nation.

Example:

Yesterday, the BC NDP’s just gave VETO power to Indigenous people over Salmon fishing throughout the BC coast.

Canadians are being disenfranchised wholesale.
The current government policies pander to minority interest groups at the expense of all Canadians’ futures.

Well folks, reality has a way of intruding in all ‘dreams’. The SJWs are about to find that out.

Canadian dollar will be your gauge of how far this total insanity will go.

#191 The real Kip on 06.20.18 at 8:33 am

So it’s seems to be Trump against the world eh? I wonder what will happen if he loses? The US is big but not big enough to take on the world and it looks like China is not interested in being pushed around.

Time for Canada to wake up and figure out another path forward without the US as our main trading partner.

#192 Stoner on 06.20.18 at 8:39 am

#171 ramblarou
Excellent post. My thoughts exactly. High US inflation because of protectionism and resulting higher wages in the US will make US GDP go higher at least in the short term. US has built enough reserves from its dominance to last them a decade or so before the impacts of other guys catching up is felt. If US allows them to catch up without resorting to sabotage.
So it’s time for the freeloaders to pay the price for their negligence.
I think this is a good thing for Canada in the long term. I may be dead and gone by that time but the country and its next generation are more valuable than me and and a bunch of whiny people who want to go back to mommy.

#193 Dubious but still proud American on 06.20.18 at 9:12 am

China each year sell twice as many new cars as north American (three countries) combined? Also the Chinese auto market is bigger than the 27 EU countries combined?

Is that true? Please someone confirm.

#194 Capitalist on 06.20.18 at 9:14 am

“like NAFTA – which took years (sometimes decades) to negotiate and tweak”

It takes years to negotiate FREE trade? 1700 pages? Really? I thought free trade was: no trade barriers, no tariffs, no subsidies, no dumping.

and you falling for the ‘taking children away” propaganda, man…

I was part of the negotiations. And you? – Garth

#195 DM on 06.20.18 at 9:23 am

What ever happened to Justin Bieber?

#196 Smoking Man on 06.20.18 at 9:26 am

Steve French on 06.19.18 at 11:47 pm
CNBC Commentator Rachel Maddow chokes up and cries on air as she struggles to deliver news that migrant babies and toddlers have been sent to “tender age” shelters in Trump’s America

https://www.youtube.com/watch?v=IKQ2-xZ-21s
…….

Hahaha, definition of crocodile tears.

#197 Smoking Man on 06.20.18 at 9:39 am

Trumpism..

https://www.thenation.com/article/this-political-theorist-predicted-the-rise-of-trumpism-his-name-was-hunter-s-thompson/

#198 KLNR on 06.20.18 at 9:46 am

@#158 the ryguy on 06.19.18 at 11:54 pm

LOL, back under your bridge troll.

#199 James on 06.20.18 at 9:51 am

For some strange reason, this pathetic blog attracts Trump supporters. My words are hopeless. These zealots defend every quixotic action, inaccurate statement and bully Tweet. They pine for having a similar alt-right champion in Canada and yearn for a world gone by.

They must all be independently wealthy, or retired with fat DB pensions. Because everyone else is in for some hurt.
………………………………………………………………………
Sorry I’m going to say Trump supporters here are cerebrally challenged via Anencephaly or secretively KKK members. Perhaps both! Here is how and why they are challenged. The limbic system is located centrally and deep within the brain. It consists of several small structures called the hippocampus, amygdala, thalamus and hypothalamus. The limbic system is involved in emotional memory and mood control. While the limbic system is involved with feelings, which are often thought of as being spontaneous, the control of feelings and emotions requires high-level cognitive skills and interaction of the limbic system with the other parts of the brain involved in critical or rational thinking. These people have a deficiency within their Prefrontal Cortex as well. Their neurological imbalances can cause irrational thinking and oh what the hell they don’t have a soul! Well I knew all those years of medical school would finally paid off.

#200 James on 06.20.18 at 9:56 am

#187 Tater on 06.20.18 at 7:46 am

#49 the ryguy on 06.19.18 at 6:56 pm
#42 cmj on 06.19.18 at 6:32 pm
————————————–

Were these the photos recently paraded around CNN that actually happened under Obamas watch? Where was your outrage then? Why aren’t you outraged now that OBAMA was the one that had these kids in cages?

Did you blaspheme Mr Humidor Bill Clinton during the Elian Gonzalez fiasco?

Do you blame the parents that bring or send their children on an incredibly dangerous route to break another countries laws?

Were you protesting the Alfie Evans decision? Do you even know who that is?

No you just blame Trump. Trump derangement Syndrome at its worst. God grow up and see the UNBELIEVABLE double standards you morons are mired in.
—————————————————————-

What laws are being broken when a family shows up at the border and seeks asylum? The US still offers that as an option for immigrants, so why are people who are trying to claim asylum having their kids taken away?
And if this was happening under Obama, it was just as wrong, so GTFOH with your what-about-ism.
__________________________________________
Here is a perfect example of Trump supporter cerebrally challenged via Anencephaly. The problem is here now, not in the past. You can do something about the issue now. You can not change the past, get a soul Tater tot.

#201 Ivadi Nuff on 06.20.18 at 9:59 am

While I read this blog daily, and find it endlessly fascinating, I am looking for some balance. Are there other blogs of equal(ish) quality?

You jest. – Garth

#202 James on 06.20.18 at 10:00 am

Unfortunately for Donald Trump he has poked a very large sleeping dragon with China. This will not bode well for him and the GOP. There is going to be a lot of reciprocal hurt flung from the far east. The problem is Trump is a childish bully and he has brought knives to a gun fight.

#203 For those about to flop... on 06.20.18 at 10:04 am

#163 waiting on the westcoast on 06.20.18 at 12:14 am
Uruguay is going for win #2 against Saudi Arabia. Not being an oil rich state run by an oligarch, we can assume that the score won’t be 5-0!!!

Some more interesting Uruguayan facts:

In December 2013, Uruguay became the first country in the world to legalise the production, sale and use of marijuana. So, we Canadians should get off our high horse about how progressive we are. Not wanting to end up like Amsterdam, foreigners cannot purchase any of the drug (although they will export it).

Uruguay is about the size of Washington State but only house just over 3.3M people. But don’t worry, they won’t be lonely as there are over 12M head of cattle.

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

Thanks, Waiting, and for that matter, Crowdie and WULLY and the other guys that are play along with the Greaterfool soccer pool.

We don’t have to be at each other’s throats all the time.

This is how you build camaraderie…

M43BC

#204 Bytor the Snow Dog on 06.20.18 at 10:12 am

#194 Capitalist on 06.20.18 at 9:14 am sez:

“It takes years to negotiate FREE trade? 1700 pages? Really? I thought free trade was: no trade barriers, no tariffs, no subsidies, no dumping.”

———————————————-

Exactly. This proves that “free trade” is a myth.

It’s a whole lot better than walls, tariffs, barriers, more taxes, government control and protectionism. Stop spouting doctrinaire drivel. – Garth

#205 Shortymac on 06.20.18 at 10:17 am

Most of these Trumpers are either completely blind or internet trolls in the flesh.

They don’t care what happens to them as long as they can “stiggnit” to the “liebrals”. Nothing else matters anymore.

It doesn’t matter than Trump spouts obvious lies about US immigration policy.

It doesn’t matter that separating children from parents seeking asylum legally is remarkably cruel and inhumane.

It doesn’t matter that the parents don’t get their kids back after deportation and/or their asylum application has been approved.

It doesn’t matter that this whole thing is just a gigantic grift of tax dollars to the private prison industry, which runs these centers. (Good article: https://bit.ly/2tmgFmd)

All that matters is stigginit and that it’s happening to someone else.

#206 Tony on 06.20.18 at 10:19 am

Re: #167 Justin Beaver on 06.20.18 at 1:11 am

A rising U.S. dollar pushes down the U.S. stock market (in a perfect un-rigged world).

#207 Danforth on 06.20.18 at 10:19 am

@ #183 New Era

I’m quite serious, and no, I’m not trolling.
You’ve proceeded to make a set of assumptions about me which are all about your biases – your assumptions say a lot about you, and nothing about me.

But just to level-set you – I’m a perfectly normal well-adjusted adult with a university education, earning six figures, employed by a notable international firm in a professional capacity in a customer-facing position.

One must look at Donald Trump’s life history, his campaign rhetoric, and his general state of mind.
He has a lifelong history of expressing his racism publicly. It was baked into his rental policy as a landlord when he was young. In the 80’s he took out full-page advertisements to defame innocent black men.

He demonstrates that he has zero sense of empathy or compassion.
Trump embodies the most dangerous cocktail ever – malignant narcissism, combined with racism, and now the most extreme military power. He MUST be resisted in every which way.

I’ve viewed the United States as being ripe for fascism to take over for decades. Over the top nationalism, militarization of the police, etc. Simple things like children reciting the Pledge of Allegiance daily, or the national anthem being played for domestic sports games are simply small puzzle pieces in what has always been a country prime for fascism.

Everything we can observe from the trail of evidence in front of us is that Trump will have no problem in ordering the deaths of innocents, simply because of who they are.

#208 Dissident on 06.20.18 at 10:48 am

@Garth – Suddenly, your scant few liberal, millennial, feminist, home-owning, cat-owning readers who understand climate change don’t look so bad, eh? :D :D :D :D :D

#209 baloney Sandwitch on 06.20.18 at 10:48 am

Best way to fight the Trumpian Tariffs is to kick them right in the [email protected] Bring back compulsory licenses of pharmaceutical patents (remember those before Health care spending exploded post NAFTA) and taxation of royalties, copyright and franchise fees etc. flowing down to the USA from Canada. The new economy is all about IP, not steel, alum. or bourbon.

#210 Gravy Train on 06.20.18 at 10:53 am

#53 AB Boxster on 06.19.18 at 7:01 pm
“Canada may be roadkill as part of Trump’s main trade war with China. With China the Americans have a point. Canada is just collateral damage.”

No, that’s just revisionist history. Trump could’ve exempted Canada from the trade tariffs, but chose not to do so!

And here I thought you were capable of intellectual honesty! :)

#211 Tater on 06.20.18 at 10:53 am

#199 James on 06.20.18 at 9:56 am
#187 Tater on 06.20.18 at 7:46 am

#49 the ryguy on 06.19.18 at 6:56 pm
#42 cmj on 06.19.18 at 6:32 pm
————————————–

Were these the photos recently paraded around CNN that actually happened under Obamas watch? Where was your outrage then? Why aren’t you outraged now that OBAMA was the one that had these kids in cages?

Did you blaspheme Mr Humidor Bill Clinton during the Elian Gonzalez fiasco?

Do you blame the parents that bring or send their children on an incredibly dangerous route to break another countries laws?

Were you protesting the Alfie Evans decision? Do you even know who that is?

No you just blame Trump. Trump derangement Syndrome at its worst. God grow up and see the UNBELIEVABLE double standards you morons are mired in.
—————————————————————-

What laws are being broken when a family shows up at the border and seeks asylum? The US still offers that as an option for immigrants, so why are people who are trying to claim asylum having their kids taken away?
And if this was happening under Obama, it was just as wrong, so GTFOH with your what-about-ism.
__________________________________________
Here is a perfect example of Trump supporter cerebrally challenged via Anencephaly. The problem is here now, not in the past. You can do something about the issue now. You can not change the past, get a soul Tater tot.
—————————————————————-

If you’re going to call someone challenged, it helps to be able to read so you can properly attribute comments, muppet.

#212 Dissident on 06.20.18 at 10:54 am

Speaking of climate change, did you blog dodos know that Iceland gets all their power from hydro or geothermal sources? 100% of their energy comes from water and/or volcanic heat, because they’ve bored into the earth to take advantage of this natural energy source. No smog, no asthma, no pollution. Just imagine if the entire planet ran on geothermal. No rising oceans, and you can still visit Florida when you’re an old wrinkly.

#213 Leo Trollstoy on 06.20.18 at 10:58 am

You guys cry a lot

US$ all day every day

#214 Ubul on 06.20.18 at 11:19 am

#203 Bytor the Snow Dog on 06.20.18 at 10:12 am
#194 Capitalist on 06.20.18 at 9:14 am sez:
“It takes years to negotiate FREE trade? 1700 pages? Really? I thought free trade was: no trade barriers, no tariffs, no subsidies, no dumping.”

———————————————-
Exactly. This proves that “free trade” is a myth.

It’s a whole lot better than walls, tariffs, barriers, more taxes, government control and protectionism. Stop spouting doctrinaire drivel. – Garth

+++

They are all doctrines, using different philosophies and tools to influence the market and capture the support of the participants of the economies, domestically and internationally.

The term free trade is marketing catchphrase, just like walls. Free trade is also a form of protectionism, only the target of protection is different. All type of trade agreements are fully under government control.

Which trade system is better is open for arguments and the answer may be very different, depending on to whom.

#215 Doug in London on 06.20.18 at 11:23 am

Yes, as the dollar goes lower the currency devaluation stokes inflation and helps push the central bank towards another rate increase to shore the buck and mitigate the damage. Yes, I get that idea, but if there are steep tariffs on goods exported to the USA would the Bank of Canada deliberately let the dollar go lower to give exporters a fighting chance and live with the inflation?

@CanMex, post #87:
I’m thinking the same thing. So far these most of the money saved from the big tax breaks to companies are going to share buybacks and dividends. Very little is going to investment to create jobs. Thus it actually benefits the elites many Trump voters so despise more than it benefits them. These tax breaks benefit me, who’s not even an American, with some investments listed on the NYSE more than it benefits many Americans. I wonder how many of these Trump voters from the more deprived parts of the USA will wake up to this idea and how they will react?

@Full High And Dry, post #149:
Good point, never thought of that until you mentioned it.

#216 A J on 06.20.18 at 11:24 am

#206 Danforth

100% agree. I don’t understand how people cannot see the threat of this man. Apparently they weren’t paying attention in history class. Fascism doesn’t take hold over night, it’s a slow process of eroding freedoms. Like Mussolini said, that if you pluck a chicken one feather at a time, people don’t notice. So we have people talking since the beginning saying, “Oh, don’t worry. He’s harmless.” And then here he is plucking one feather at a time. It’s not alarmist to heed warning about a man like this. He’s a large threat to the West.

Also, I’d like to know what’s so scary about liberalism? A lot of commenters on here talk about liberalism like it’s the plague. Please enlighten me, what’s so terrible about equal rights and freedoms? Because conservatism to me seems to be edging towards totalitarianism. What’s so great about that? And what about Canadian life is so horrible that you want to destroy our fabric of life? I don’t understand it. I’m willing to listen….

#217 Deplorable Dude on 06.20.18 at 11:30 am

#187 Tatir “What laws are being broken when a family shows up at the border and seeks asylum?”

If they arrived at a border checkpoint and requested refugee status they would be fine. Media doesnt tell you that.

These people arent seeking asylum, they are trying to sneak across undetected. Thats where they break the law.

This isn’t Trumps doing. The separation aspect is law. and was going on during the Obama years. But nobody gave a sh1t then….its just something else to blame on Trump.

It’s a bad law and Trump is trying to get it changed but the Dems are stonewalling.

Btw 12000 children are currently held at the border, 10,000 of those arrived unaccompanied, thats child abuse by their absent parents. Of the remaining 2000 who arrived with adults it was not possible to confirm they were the parents in many cases….

Child trafficing is a huge problem on the border.

Under Obama’s catch and release policy, any adult trying to cross illegally with a child would be let go to vanish into the USA.

Trumps zero tolerance policy is not only an attempt to stop illegal aliens, its also trying to stop the huge child trafficing going on.

But ‘Muh Trump bad’

#218 IHCTD9 on 06.20.18 at 11:49 am

#193 Dubious but still proud American on 06.20.18 at 9:12 am
China each year sell twice as many new cars as north American (three countries) combined? Also the Chinese auto market is bigger than the 27 EU countries combined?

Is that true? Please someone confirm.
_______

You can Google the details, but China does sell more cars than the US last I checked.

But they are rolling trash crapmobiles that would give the EPA a heart attack.

#219 Gravy Train on 06.20.18 at 11:53 am

#167 Justin Beaver on 06.20.18 at 1:11 am
“You know, it’s 24/7 Trump hysteria on every news outlet. They are constantly invoking Godwin’s Law.”

And you see no connection between Nazi concentration camps and ‘tender age’ facilities holding babies and toddlers separated from their families? Should we be grateful that he hasn’t gassed the kids? :(

#220 Victor V on 06.20.18 at 11:56 am

Odds of a July rate hike are dropping — and the Canadian dollar is taking the hit

http://business.financialpost.com/news/economy/rates-traders-flood-dovish-boc-bets-as-nafta-outlook-worsens

The odds of a rate increase at the BOC’s July 11 meeting have dwindled to about 65 per cent, according to overnight index swap pricing, from roughly 80 per cent in the aftermath of the bank’s May 30 meeting.

The Canadian dollar has tumbled more than 5 per cent versus the greenback in 2018, making the loonie the third-worst performing Group-of-10 currency in the span. It weakened to 75.23 US cents Tuesday as Trump singled out dairy, energy and timber as sectors where Canada is taking advantage of the U.S.

#221 Fortune500 on 06.20.18 at 11:58 am

Down with Trump. Long Live Jordan Peterson!

#222 IHCTD9 on 06.20.18 at 11:59 am

#206 Danforth on 06.20.18 at 10:19 am

..Trump will have no problem in ordering the deaths of innocents, simply because of who they are.

______

You’ve lost it. Book an appointment with your shrink immediately.

Stop reading the news, find a hobby instead.

#223 Zapstrap on 06.20.18 at 11:59 am

Meanwhile out here in LaLa Land:
https://globalnews.ca/news/4284779/bc-hydro-crisis-fund-fee/

#224 n1tro on 06.20.18 at 12:04 pm

#215 A J on 06.20.18 at 11:24 am
#206 Danforth

100% agree. I don’t understand how people cannot see the threat of this man. Apparently they weren’t paying attention in history class. Fascism doesn’t take hold over night, it’s a slow process of eroding freedoms. Like Mussolini said, that if you pluck a chicken one feather at a time, people don’t notice. So we have people talking since the beginning saying, “Oh, don’t worry. He’s harmless.” And then here he is plucking one feather at a time. It’s not alarmist to heed warning about a man like this. He’s a large threat to the West.

Also, I’d like to know what’s so scary about liberalism? A lot of commenters on here talk about liberalism like it’s the plague. Please enlighten me, what’s so terrible about equal rights and freedoms? Because conservatism to me seems to be edging towards totalitarianism. What’s so great about that? And what about Canadian life is so horrible that you want to destroy our fabric of life? I don’t understand it. I’m willing to listen….
—————————–
First off, both comments come off as paranoia and uninformed. I guess being paranoid doesn’t pick political sides. At least you are correctly associating fascism with Mussolini instead of the tired old “Trump is Hitler” meme.

As for not understanding history, majority of people do. There is no way Trump or any elected leader after him will be marching (insert ethnic group) to concentration camps. The system (judicial, legislative, and executive) that make up the US has built in checks and balances. One component ie. Executive can not just order the deaths of millions without the other 2 concurring. Why do you think Trump’s more wacky executive orders have been stopped by the US Supreme court?!

As for liberalism. It isn’t scary. What is done/force on us in the name is it is stupid and people are tired of it. Equal rights and freedoms isn’t a liberal only construct.

Do you see how you phrased your sentence that if someone isnt embracing liberalism that they are not for equal rights and freedoms?? That, some would say is being brainwashed.

#225 Ubul on 06.20.18 at 12:04 pm

#212 Leo Trollstoy on 06.20.18 at 10:58 am

You guys cry a lot

US$ all day every day

+++

You are right.
That’s what the focus should be, how to make money, under the given circumstances.

#226 Ubul on 06.20.18 at 12:15 pm

The recent focus on the old practice of separating children from criminally charged parents may trigger the next #metoo, not only in the US, but in Canada.

According to the most recent statistics available from the CBSA, 155 minors have been kept in detention facilities in the 2017-2018 year already — that includes foreign nationals, permanent residents and Canadians citizens. Five of those children were unaccompanied.

That’s already more than the 151 children taken into detention in the previous year, despite the federal government’s directive to reduce the number.

https://globalnews.ca/news/4283134/canada-migrant-families-children-detention/

The issue was ignored by enlarge, which is reflected in the title of a report:

A 2017 report titled “Invisible Citizens: Canadian Children in Immigration Detention” by the University of Toronto’s Faculty of Law outlines the problems these children face.

https://ihrp.law.utoronto.ca/utfl_file/count/PUBLICATIONS/Report-InvisibleCitizens.pdf

#227 Shaker on 06.20.18 at 12:20 pm

Every Canadian I know who has been to the states is a smuggler period.

#228 James on 06.20.18 at 12:23 pm

#195 Smoking Man on 06.20.18 at 9:26 am

Steve French on 06.19.18 at 11:47 pm
CNBC Commentator Rachel Maddow chokes up and cries on air as she struggles to deliver news that migrant babies and toddlers have been sent to “tender age” shelters in Trump’s America

https://www.youtube.com/watch?v=IKQ2-xZ-21s
…….
Hahaha, definition of crocodile tears.
_________________________________________
I dare you to look into your grandchildren’s eyes and say that! You winded insipid old bag of dirt.

#229 Danforth on 06.20.18 at 12:23 pm

@ #223 n1tro
There is no way Trump or any elected leader after him will be marching (insert ethnic group) to concentration camps.

The concentration camps are literally all over the media this week.
They contain exclusively people from below the southern US border… almost entirely hispanic and spanish speaking, arguably all one ‘ethnic group’, as you call it.

Adults in one concentration camp.
Boys in another concentration camp.
Babies and toddlers in another concentration camp.
…and no one seems to know where the girls are.

The concentration camps are not death camps or labour camps, which are two variants of concentration camps which we’ve seen over the course of history.

#230 James on 06.20.18 at 12:26 pm

#191 The real Kip on 06.20.18 at 8:33 am

So it’s seems to be Trump against the world eh? I wonder what will happen if he loses? The US is big but not big enough to take on the world and it looks like China is not interested in being pushed around.

Time for Canada to wake up and figure out another path forward without the US as our main trading partner.
__________________________________________
Build two pipelines to the west coast, the sleeping dragon is waking up and is hungry. No need to ship black gold to Trump land they can use their own Texas tea up while we cozy up with the dragon. Dim Sum anyone?

#231 A J on 06.20.18 at 12:33 pm

#223 n1tro

“Do you see how you phrased your sentence that if someone isnt embracing liberalism that they are not for equal rights and freedoms?? That, some would say is being brainwashed.”

I’m saying that that’s the way things seem to be headed at this point. That Liberals are pushing that agenda, and Conservatives are headed in the other direction. I would never blanket a whole group one way or the other. There are outliers on both sides. Everyone wants something different. But everyone seems to be forced to pick sides. And to stand behind certain ideologies. I’m speaking about what I’ve observed transpiring recently with conservatism in the United States. And I think it’s remiss to not see the threat of Trump to the West and our way of life. I’m not talking about concentration camps. I’m talking about a push towards a totalitarian police state. From the conservative side. And that’s not about rights and freedoms, it’s the opposite. So yes, it seems that (some) Conservatives in the United States want to strip certain rights and freedoms from it’s citizens. That threat is very real. And it’s not coming from Liberals.

#232 Joe Bloggs on 06.20.18 at 12:35 pm

#177 Gravy Train on 06.20.18 at 6:02 am
You lose credibility when you write almost as badly as Smokey—who, ironically, claims to be a writer!

– LOL!!! You are in a better position – you have nothing to lose because you had none of that.

https://definithing.com/projectory/

https://www.urbandictionary.com/define.php?term=projectory

Your major in English is a good start, but there are obvious gaps, it looks you neglect continuing education.

#233 Howard on 06.20.18 at 12:42 pm

#225 Ubul on 06.20.18 at 12:15 pm

Should the legal system just let parents off the hook for any crimes they commit? The tax system heavily favours parents over non-parents. It appears some wish the legal system were the same.

Children suffer, unfortunately, when their parents commit crimes. The children are obviously blameless and perhaps better solutions are needed to care for them. But let’s put the blame where it belongs, and it isn’t on the US government or border police.

#234 House Of Commons on 06.20.18 at 12:43 pm

Breast feeding took place during question period while a MP was openly seated for all to see. What do you think of that?

#235 Shawn Allen on 06.20.18 at 1:01 pm

Thanks Trump, For The Assistance With Canadian Exports

Victor V at 210 said:

The Canadian dollar has tumbled more than 5 per cent versus the greenback in 2018, making the loonie the third-worst performing Group-of-10 currency in the span. It weakened to 75.23 US cents Tuesday as Trump singled out dairy, energy and timber as sectors where Canada is taking advantage of the U.S.

*****************************************
Trump has contributed to the slide in the Canadian dollar.

All Canadian exporters other than those sending steel and aluminum should be having a far easier time exporting to the U.S. And, since the U.S. has little steel and aluminum making capacity that can be ramped up, the steel and aluminum is still flowing across the border. It just costs Americans more now.

Visiting Canada just got cheaper for Americans.

Thanks Trump.

The law of unintended consequences strikes again.

#236 Ezzy on 06.20.18 at 1:02 pm

#206 Danforth
“And what about Canadian life is so horrible that you want to destroy our fabric of life? I don’t understand it. I’m willing to listen….”

Destroy it? No, that would be an outright shame, and I’d argue impossible as we Canadians are too pacifist and complacent to bother with that. Nevertheless, we have our own problems here. Problems we very often either refuse to acknowledge as such, or quickly sweep under a rug as though they never did or aren’t happening.

Add to that the penchant of the Canadian government (Federal and Provincial mostly) to tax the life out of industry and people, dump the money into “general revenue” streams so it’s untraceable, only to turn around and not be held accountable (in any way whatsoever) when huge amounts of money are so very blatantly wasted and/or stolen. Or when costly decisions are made concerning Canadian interests. I’m sorry but are politicians in Canada some sort of privileged class of people to which laws do not apply?

Generally I think Canada is great but for the handful of people (usually running the joint) who think we are morally superior to most, and there can’t be anything wrong with the Canadian Way.

Let’s not forget our consistent neglect of First Nations people and their concerns. And the homeless and mentally ill that exist in significant numbers, being largely ignored. But they don’t matter because they either cannot vote, or their numbers are too few to matter, right? Or is it that they simply do not represent a significant portion of the economy? But witness Weed, yeah that matters. It matters a lot. It’s another tax stream. It’s placating the middle and upper class (the people who can afford to buy it in the huge volumes it’s consumed). The same people who decide elections.

Spare me.

Our poo stinks too, and if we were of the same size and influence as America, and we faced their issues, we’d do the same. But, until governments at all levels in Canada acknowledge that I still say Canadians mostly live in a glass house.

(I am in no way attempting to excuse the recent actions of the current American administration. They’re reprehensible.)

The Americans know it, which is why they rarely take much interest in what we do or say.

#237 James on 06.20.18 at 1:05 pm

#210 Tater on 06.20.18 at 10:53 am

#199 James on 06.20.18 at 9:56 am
#187 Tater on 06.20.18 at 7:46 am

#49 the ryguy on 06.19.18 at 6:56 pm
#42 cmj on 06.19.18 at 6:32 pm
————————————–

Were these the photos recently paraded around CNN that actually happened under Obamas watch? Where was your outrage then? Why aren’t you outraged now that OBAMA was the one that had these kids in cages?

Did you blaspheme Mr Humidor Bill Clinton during the Elian Gonzalez fiasco?

Do you blame the parents that bring or send their children on an incredibly dangerous route to break another countries laws?

Were you protesting the Alfie Evans decision? Do you even know who that is?

No you just blame Trump. Trump derangement Syndrome at its worst. God grow up and see the UNBELIEVABLE double standards you morons are mired in.
—————————————————————-

What laws are being broken when a family shows up at the border and seeks asylum? The US still offers that as an option for immigrants, so why are people who are trying to claim asylum having their kids taken away?
And if this was happening under Obama, it was just as wrong, so GTFOH with your what-about-ism.
__________________________________________
Here is a perfect example of Trump supporter cerebrally challenged via Anencephaly. The problem is here now, not in the past. You can do something about the issue now. You can not change the past, get a soul Tater tot.
—————————————————————-
If you’re going to call someone challenged, it helps to be able to read so you can properly attribute comments, muppet.
____________________________________
Thanks for your perspicacious wisdom. Here you go.
https://www.youtube.com/watch?v=NpYEJx7PkWE

#238 Shawn Allen on 06.20.18 at 1:07 pm

Don’t Leave Home WITH It

With an American dollar now costing about $1.33…

(And you can tack on a minimum of 1% for an exchange fee. Most Canadian credit cards add 2.5% to the exchange rate. TD bank has now started charging a completely outrageous 3.5% adder on Canadian debit card purchases made in U.S. dollars – belch!)

The new slogan when it comes to the Canadian dollar should be: “Don’t Leave Home WITH It”

In other words, Don’t Leave Home.

#239 mike from mtl on 06.20.18 at 1:09 pm

#219 Victor V on 06.20.18 at 11:56 am

Odds of a July rate hike are dropping — and the Canadian dollar is taking the hit

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

July is still on because BoC more or less said they would. Beyond that, no way. There’s a litany of excuses and reasons for them not to and I disagree with Garth. Since when has BoC ever ‘defended’ the CA$.

Last decade has been about knee-jerk trashing the dollar for exports.

#240 bdwy sktrn on 06.20.18 at 1:35 pm

#221 IHCTD9 on 06.20.18 at 11:59 am
#206 Danforth on 06.20.18 at 10:19 am

..Trump will have no problem in ordering the deaths of innocents, simply because of who they are.

______

You’ve lost it. Book an appointment with your shrink immediately.

———————————
him and gravy brain are some of the most acute cases of TDS (trump derangement syndrome) known.

could they be heading down this path of the nyc nutbar lawyer who lit himself on fire ? maybe try the canadian version and freeze yourself in a huge block of ice???

#241 IHCTD9 on 06.20.18 at 1:43 pm

#218 Gravy Train on 06.20.18 at 11:53 am

And you see no connection between Nazi concentration camps and ‘tender age’ facilities holding babies and toddlers separated from their families?
________

Just a few small things I noticed about the child detention centers that were lacking connection to the Nazi Death camps:

1. No gas chambers.
2. No open mass graves.
3. No dead bodies laying around.
4. No organized executions.
5. No emaciated people walking around.
6. No armed guards.
7. No crematoriums.
8. No one arrives via box car.

If an actual Nazi death camp survivor heard you verbalize that comment in front of him – you’d likely be missing a few teeth right now…

I like Trump, BUT I understand he’s bad news for my family and country, and I know why. I’m not looking forward to the near economic future.

But for crying out loud – Trump is now intending to head out and KILL Women and Children? He’s planning on sending kids to Nazi Concentration camps?

FFS folks, here’s a bucket of water for your hair, and a tranquilizer – sit the **** down and chill.

#242 young & foolish on 06.20.18 at 1:47 pm

Looks like we’re not alone …..

https://www.huffingtonpost.ca/entry/housing-crisis-inequality-harvard-report_us_5b27c1f1e4b056b2263c621e

#243 CJBob on 06.20.18 at 2:02 pm

#216 Deplorable Dude on 06.20.18 at 11:30 am
It’s a bad law and Trump is trying to get it changed but the Dems are stonewalling.
________________
Not sure if you saw that on Fox News or just made it up (really the same thing) but Trump has announced he is signing an executive order to keep families together. That’s all that was needed. He’s doing the right thing, something he could have done several days ago and proving that your post is complete BS.

#244 bdwy sktrn on 06.20.18 at 2:04 pm

https://twitter.com/Lundi77/status/1008183514703978496

if you have not seen this yet, it’s quite fun!

it just hit me that the dancing fool is pm socks and the lions player is trump. the game is the g7 meeting.

#245 jess on 06.20.18 at 2:15 pm

who are the lobbyists for the migrant business

141 Truth on 06.19.18 at 10:13 pm
truth decay good book

—————————————
the corporate website isn’t accessable due to high volume ?

Separated migrant children are headed toward shelters with a history of abuse and neglect

Taxpayers have paid more than $1.5 billion to private companies operating shelters accused of serious lapses in care, including neglect and abuse.

by Aura Bogado, Patrick Michels and Vanessa Swales, Reveal and Edgar Walters, The Texas Tribune June 20, 2018 11 hours ago

https://www.texastribune.org/2018/06/20/separated-migrant-children-are-headed-toward-shelters-history-abuse-an/

Southwest Key was relatively unknown, even though for decades it had been running shelters for migrant children, as well as a juvenile justice programs and charter schools

Southwest Key Programs is a non-profit company hired by the U.S. government to house approximately 5,000 immigrant minors in Texas, Arizona and California. This year, the federal government gave the company almost $500 million to operate its shelters, according to the Dallas Morning News.

#246 Victor V on 06.20.18 at 2:21 pm

#142 Shawn on 06.19.18 at 10:19 pm
USDCAD to 1.4. Nasdaq to 10000.

Emerging markets and Europe will continue to struggle.

We’re in a secular bull market for US equities and USD. History shows it’s best to keep it simple during these periods. VFV in $CAD

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

VFV and VGT are in my top holdings. Been a great run these past few years and agreed that more to come.

#247 MSM on 06.20.18 at 2:22 pm

In the world of today they are controlling the message to establish a belief system. They will tell or show you what you need to know, and certain events are off the table for you not to see or read about. To make a statement that USA under the President is not killing with impunity is ludicrous. Its happening now, and the first red flag I saw was on June 4th that something big was about to happen.

#248 n1tro on 06.20.18 at 2:23 pm

#228 Danforth on 06.20.18 at 12:23 pm
@ #223 n1tro

The concentration camps are literally all over the media this week.
They contain exclusively people from below the southern US border… almost entirely hispanic and spanish speaking, arguably all one ‘ethnic group’, as you call it.

Adults in one concentration camp.
Boys in another concentration camp.
Babies and toddlers in another concentration camp.
…and no one seems to know where the girls are.

The concentration camps are not death camps or labour camps, which are two variants of concentration camps which we’ve seen over the course of history.
——————————
Let’s say those detention centers are as you say. Did they pop up just now or have then been around for a bit. I’m banking they have been around but just now being the “flavor of the month” in the media.

How is this 1 person’s fault (ie. Trump) when it is clearly systematic because legislators on both sides would have had to make the rules to detain the people, with the courts enforcing the rule of law? If the detainees aren’t citizens, they don’t get the same rights afforded to them. Do I agree with it? No, but me “resisting” Trump isn’t going to change it.

If you want to blame Trump for something, blame him for not signing an executive order to change the rules for the detainees. If Trump does this, the other 2 branches would have to agree and things can change.

#249 rc99ar on 06.20.18 at 2:35 pm

Garth. Consider putting an upvote/downvote filter on your comments section. Responses people concur with will rise, and the ridiculous drivel will fall away. Will save the moderator time and improve content for readers.

#250 n1tro on 06.20.18 at 2:48 pm

#230 A J on 06.20.18 at 12:33 pm
#223 n1tro

“I’m saying that that’s the way things seem to be headed at this point. That Liberals are pushing that agenda, and Conservatives are headed in the other direction.”
—————–
This is true. Both extreme agendas are annoying in the least. At least with the conservative narrative ie. Patriot Act which strips away rights like due process, people are free to criticize it without being labeled. Try criticizing a liberal narrative and you are “Hitler”, a KKK member, anti-women, anti-immigrant, climate denier, etc, etc

“But everyone seems to be forced to pick sides. And to stand behind certain ideologies.”
————————
People chose the sides or are shamed into accepting a side. I personally am a liberal, conservative or libertarian depending on the topic.

“I’m speaking about what I’ve observed transpiring recently with conservatism in the United States. And I think it’s remiss to not see the threat of Trump to the West and our way of life.”
————————————
By “our way of life” and the “West”, you must be referring to the days when people came to N.America and integrated with society(?) versus what we have today where everyone seems to be a victim?

I’m talking about a push towards a totalitarian police state.
————————
Again, that can’t happen with the way the 3 branches in the US are set up despite how things look. Obama could have started the repeal the Patriot Act but he didn’t. On that note, so can Trump but isn’t likely to. Blame for both sides.

#251 Attorney General on 06.20.18 at 2:56 pm

You will never see what he is doing, because you won’t find it in the MSM. I got lucky on this one, because he made his statements on a local radio show. I still have it all, but don’t want to talk about it because its too dark, and disgusting – worse than Nazi Germany. He is attempting to alter the law to make it all legal now.

#252 Tater on 06.20.18 at 3:20 pm

#240 IHCTD9 on 06.20.18 at 1:43 pm

If an actual Nazi death camp survivor heard you verbalize that comment in front of him – you’d likely be missing a few teeth right now…
—————————————————————–
You should ask some of them. The ones I’ve talked to are deeply unsettled by Trump’s rhetoric and actions.

#253 Tater on 06.20.18 at 3:23 pm

#236 James on 06.20.18 at 1:05 pm
____________________________________
Thanks for your perspicacious wisdom. Here you go.
https://www.youtube.com/watch?v=NpYEJx7PkWE
————————————————————–

Great work dipsh*t. What part of my comment below was unclear?

“What laws are being broken when a family shows up at the border and seeks asylum? The US still offers that as an option for immigrants, so why are people who are trying to claim asylum having their kids taken away?
And if this was happening under Obama, it was just as wrong, so GTFOH with your what-about-ism.”

#254 Reddy on 06.20.18 at 3:30 pm

@189 no name re: legal mj. . I hope it will last long, and I’m sure it will. The states are following behind us as is Europe. . Not irregardlessly, it doesn’t matter that much to me as I don’t do mj. . Just mj stocks.. I’m up 800% in 18 months. . (seriously, I nearly soiled my pants when I checked…..)

#255 GK on 06.20.18 at 3:33 pm

Garth, love this post, but man, the trump brigade is strong. Please put in a proper commenting system some the crap replies get hidden, and the best replies get voted up and get visibility. That might be a bit better than what you got now. Please, for your readers!

#256 Jodie on 06.20.18 at 3:40 pm

New data finds more foreign home ownership in Metro Vancouver

https://globalnews.ca/news/4286029/b-c-government-to-launch-registry-of-who-owns-real-estate-in-province/

#257 Pritzl on 06.20.18 at 3:46 pm

What I don’t get about Trump supporters (above all else because there’s a lot to pick from) is how they admit that he lies but then just as quickly assume that he is not lying to them. If someone lies about everything, big and small, why do you believe them when they say what you want to hear? It’s called pandering and you have all fallen for it, hook, line and sinker.

Trump is unstable, possibly deranged and completely unfit for the job. I would not hire him to walk my dog. And yet, in what appears to be a fit of pique, he was elected President. Yeah, this’ll end well.

#258 Leo Trollstoy on 06.20.18 at 3:57 pm

#248 rc99ar on 06.20.18 at 2:35 pm

A terrible idea

Quora has that system and it devolves into a cesspool of one-sided biased comments

#259 Pipeline on 06.20.18 at 4:11 pm

Anyone interested in a great investment because its for sale? The new one is about to be built following the original Trans Mountain Pipeline most of the way. In Real Estate terms it needs a bit of loving care, because it was completed in 1953. The old bones are cracking and corrosion has set in, thus needs a complete total renovation job to stop the leaks. All offers will be carefully considered.

#260 Deplorable Dude on 06.20.18 at 4:20 pm

#242 CJBob ‘Not sure if you saw that on Fox News or just made it up (really the same thing) but Trump has announced he is signing an executive order to keep families together. That’s all that was needed. He’s doing the right thing, something he could have done several days ago and proving that your post is complete BS.’

Nope, your post is complete BS. Do some research.

Dems refused to pass leglisation…..that would have been the correct method to resolve this, CHANGE THE LAW!

http://thehill.com/homenews/senate/393069-schumer-rejects-gop-proposal-to-address-border-crisis

Trumps EO will likely be deemed against the law because it goes against the 1997 Flores Consent decree (Google it). The EO is a band aid, it will be challenged by some liberal numnuts.

I fully expect the ACLU to sue Trump to reverse the EO.

——

Also love all the comments wanting censorship of pro-Trump supporters opinions. You demonstrate why Liberalism is scary…because what you are actually advocating is Marxism.

#261 James on 06.20.18 at 4:29 pm

#252 Tater on 06.20.18 at 3:23 pm

#236 James on 06.20.18 at 1:05 pm
____________________________________
Thanks for your perspicacious wisdom. Here you go.
https://www.youtube.com/watch?v=NpYEJx7PkWE
————————————————————–

Great work dipsh*t. What part of my comment below was unclear?

“What laws are being broken when a family shows up at the border and seeks asylum? The US still offers that as an option for immigrants, so why are people who are trying to claim asylum having their kids taken away?
And if this was happening under Obama, it was just as wrong, so GTFOH with your what-about-ism.”
_________________________________________
My, my testy are we not?

Well Mr. Tater, BTW your very tasty when immersed in hot oil. Back to the subject at hand. It is not a question of laws, laws are written to be changed. I might add the law was incorporated before Obama and in its current form was never enforced. Now lets call them as they are Trump is a racist. He despises immigrants and instructed the DHS to enforce the law to the max. They don’t want immigrants, refugees or for that matter anyone who isn’t a WASP. So there it is. BTW you must love your Man Trump unconditionally. OK now you two can get a room now.

#262 the ryguy on 06.20.18 at 4:36 pm

#251 Tater on 06.20.18 at 3:20 pm
——————————————

Specifically what action? Please tell me.

#263 n1tro on 06.20.18 at 4:40 pm

#256 Pritzl on 06.20.18 at 3:46 pm
What I don’t get about Trump supporters (above all else because there’s a lot to pick from) is how they admit that he lies but then just as quickly assume that he is not lying to them. If someone lies about everything, big and small, why do you believe them when they say what you want to hear? It’s called pandering and you have all fallen for it, hook, line and sinker.
——————————–
Everyone lies. It is just more excusable if you happen to have a good opinion of the liar.

Past notable lies:

Obama on Jay Leno show after Snowden leaks – “There is no spying on Americans.”

Hillary Clinton on sending classified emails while being secretary of state on her personal server – “Never received nor sent any material that was marked classified.” When confronted with email evidence to the contrary….”I didn’t understand how the coding worked.”

Bill Clinton on having an affair with Monica before she submitted her “money shot” red dress – “I didn’t have sexual relations with that woman.”

I’d find lies by Conservatives but you already have a negative opinion of them already so no point.

#264 Steerage bilge on 06.20.18 at 4:41 pm

A close battle between those suffering from trump derangement syndrome and those with a trumpal lobotomy

#265 waiting on the westcoast on 06.20.18 at 4:43 pm

#215 A J says… “100% agree. I don’t understand how people cannot see the threat of this man. Apparently they weren’t paying attention in history class. Fascism doesn’t take hold over night, it’s a slow process of eroding freedoms. ”

Don’t make it about the man (although he certainly makes it easy). The US started down this path with the excuse 9/11 provided. Many rights were instantly washed away by the Patriot Act “to protect the people”…

#266 april on 06.20.18 at 4:46 pm

#215 – If that’s going on it’s been going on long before Trump came on the scene.

#267 NoName on 06.20.18 at 5:15 pm

My comment was about 40+ new new laws on a book that didn’t existed before legalization, and beeing up 800% up, good for you. But I wonder what compelled you to tell me how much you are up. I personally didn’t buy any mj stocks so I am not up or down.

#268 Trump Man on 06.21.18 at 3:57 am

Small man, Weak man,
Fearful man, Fragile man.
Weak EGO needs to be stroked at all times.

Had toys stolen from him in the sandbox age 3.

Never been the same since.

#269 Trump Man on 06.21.18 at 4:00 am

Doesn’t want to share his toys in the sandbox.

Please get out of my sandbox.

This is MY sandbox!

#270 Trump Man on 06.21.18 at 4:05 am

#35 Shieky on 06.19.18 at 6:07 pm
Re #12

Humble Pie ? I’d rather die on my feet than live on my knees ! Justin Trudeau #1, Enrique Peña Nieto #1, Donald Trump hacktui !!

====================================
Are you kidding?

Have you seen the holes in the knees of #1 Suck hole Vice President Pence?

What a Boot Licker!.

Have you noticed that dreamy look he has when watching his master from behind? It says “I want to lick your earlobes SIR!!!.”

#271 B Wilds on 06.21.18 at 7:21 am

The fact that China has not been fair in trading with America is a major reason to strengthen ties with those closer to home. A very strong strategic dimension exists for NAFTA and when President Reagan fathered and endorsed the concept decades ago he recognized the need to create a powerful regional trade bloc to compete in a changing global economy. More of why working with Canada and Mexico is smarter than letting China eat our lunch.