The wages of fear

Some notes from the Virus Diary on this Star Date 14.05.20.

For years he was a GreaterFool Deep Throat undercover correspondent from the delusional, house-lusty, moist metropolis of Vancouver. Then he escaped to Europe, but remains addicted to this pathetic site (aren’t we all?). “I’ve written you now for what seems like close to 10 years,” he admits, in this week’s epistle.

So how are things in Switzerland?

“I was in Canada until March 16, then back to Switzerland, arriving on day one of the full lockdown, lasting 20 days ago. Things started to open up . . . with the Haircut and Tattoo parlour being first. (I have now been to a restaurant each of the past 3 days – the first days of opening). All of these businesses have been open for 2.5 weeks and our infection curve reduction has not in any way changed course – every day – less and less . . . not even an inch of uptick from the opening of businesses.

“Maybe I’m not scared  because I live in a place where I don’t get any media – it’s all in a foreign language, there is little English local news, Thus all I can see are the statistics (here they are very, very positive – we have reduced the infection rate by ~97% in 6 weeks).”

DT may be feeling good about how the Swiss are dealing with Covid, but he seems deeply worried about Canada, especially in light of the poll done here some days ago showing the overwhelming bulk of readers have 0% intention of venturing out to eat, take in a concert, go to a business meeting or fly any time soon.

“I am shocked to see how scared your readers are. They are afraid to go out in any way – even those who appear to be saying, ‘just get on with this. . . ‘ If only 16% of people would go to a restaurant in the coming 2 months – that’s just totally crazy. I don’t even have one ounce of fear ad am not “scared” to get the virus – I just won’t change my life for this.

“I could easily see it being 50/50 – but 16% for restaurants? What, are you all crazy? I also would even fly tomorrow if I could. But the poll shows that people are now totally disconnected from the low level of risk that they are facing. Restaurants are doomed if only 15% would even consider going out in the next 2 months . . . . !!!! Anyhow – greetings from Zurich – and if the delusional realtors in Vancouver think the market will not move – – I think they are all lost . . . !!”

Speaking of real estate, social media is alive with realtors claiming the bottom of the market was hit in Toronto more than a week ago. Listings are growing. The number of showings is up (either virtually or with the help of masks, nitrile gloves, hand sanitizer and Lysol wipes – not the edible kind). The weather’s better. Flowers. Bugs. Audis. Tank tops. The whole thing.

And, yes, prices are off – certainly in the 416 heartland. Here’s a summary from one of the downtown hustlers.

Source: Toronto Luxury Realty Group

GTA prices fell abut 12% in April alone, and are off 9% year/year in the core, despite what the real estate board may be telling you. Condo listings are starting to swell like a horny blowfish as the Airbnbers scramble to unload, amateur landlords get stiffed on rents and sane young owners worry about elevator buttons and garbage room door handles.

So, about the new crop of moisters. The Millennials are now boring, having reached the age of quiet career-driver angst and family-forming desperation. As they get busy turning into their parents and craving minivans, the next gen is getting whacked. The Zers are between 15 and 24 and since they hold a lot of jobs in a service sector which Covid has crashed, they’re getting an early taste of joblessness.

In fact, it’s a crisis. The Z people make up 12% of the workforce in Canada but last month represented 25% of all the unemployment (two million people lost work in April). Look at this…

Source: Bloomberg

TD economists made some good points as those dog-awful jobless stats were being published. In recessions younger workers are always victimized, since the service sector is the first to be impacted. “Past recession cycles have shown that young people often bear long lasting scars on their livelihood,” Beata Caranci and James Marple said in their report.

This will likely mean lower lifetime earnings compared to the previous generation (that’s you, Mills), with a tougher time finding the right job/career and the need to accept work below their level of education. Kids entering the job world during a recession, we’re told, make on average 10% less than others. The income gap can last a decade, rendering student debt harder to pay while delaying marriage, kids and real estate.

Worse, the Zers will likely spend their entire lives paying higher taxes on incomes, savings, purchases and investments in order to finance a 2020 federal virus deficit that will reach towards $400 billion, according to a new Macquarie report. Every day the economy stays shut, the burden grows.

Let’s hope we know what we’re doing.

274 comments ↓

#1 Emile on 05.14.20 at 12:23 pm

Barbershops open? How much is a flight there…

#2 mitzerboyakaQueencitykidd on 05.14.20 at 12:33 pm

I’ve always said to people
factsnotfear
And I say to my dog your a good old boy
Then Ice cold beer in the sunshine after working hard
Having fun

#3 Toronto_CA on 05.14.20 at 12:43 pm

Canadian sheeple (and soccer moms everywhere) so easily take in what the media has been feeding them since March about how “killer” this virus is, and now they cannot imagine going near anyone without a hazmat suit.

Opening the economy doesn’t do anything if the vast majority of people think they’ll die if they get sneezed on. Demand won’t come back if people are this ignorant of the actual risks. Europeans are much more stoic about this and I daresay knowledgeable; I think Americans are just more determined to get on with life. Canada? Sheep. By and large. But they do love to spend money on credit.

So -while people even in Canada SAY they will avoid restaurants and the like, once the economy is open and everyone knows people are going out and eating and somehow staying healthy – with the news reporting the virus deaths keep coming down (as they are everywhere now, even Sweden the place where lockdowns didn’t happen) hopefully we’ll get to a better place.

But every day I get more concerned we’re headed for a depression that will take the better part of the 2020s to recover from…because of the Sheep and the media overplaying the risks for better ratings. Sigh.

#4 Viorelli on 05.14.20 at 12:53 pm

One of my sons good friends was an anastasiologist at the Royal Columbian here in LM. He used to come over lots during his childhood for sleep overs and games. They were even on the same hockey house team together for years. Good kid. His mom is still around, her and us once or twice a year. This year it all different, we don’t expect him over this summer. Anyhow, he had his green card for a few years already and is a resident of Nevada. Almost double the Canadian wages, when you calculate the exchange rate, he works hard: private hospital in Reno, and in maxillofacial care once a week for surgeries. No state income taxes in NV, lower cost of living. My son visited them last year, nice house in a gated community, 12 bedrooms, 4 car garage, swimming pool, all for $ 640.000 usd or two years of after tax income. Daughter is in the best private school, wife opened her own yoga studio and works part time, cooks and cleans at home, there is time left for it believe it or not! Some good, bright kids just leave all together. Can you blame them? Vancouver is a nicer city of course, more things to do, milder weather, lower property taxes, but the other side of the coin is lower wages, high income tax, and ridiculous cost of living and raising kids.

#5 Benjamin Astor on 05.14.20 at 12:55 pm

Swiss Dude. Huh? There is zero reason to not have full streaming anywhere in the world. Wow, never heard of ROKU? Sling TV ? There’s dozens of others, streaming live global news 24/7 in HD , plus local channels. I’m in a Bangkok hi rise and Ive got better TV etc than a full cable service in Canada.

The ROKU stick though, a gem, turns any hotel flat screen With HDMI into a plug and play global entertainment platform. If you’ve ever seen Malay or Indonesian TV you’ll know why this tech is an amazing improvement. I’m pretty sure you can buy these things in Lucern, Zurich or even Horp.

http://www.bnnbloomberg.ca/bank-of-canada-warns-of-excess-business-household-debt-from-covid-19-1.1436354

Now this above bit is funny. The BOC was pushing cheap credit for years on behalf of the Trudeau goon show, and now they cry about debt, too funny.

And c’mon, we all know that Trudeaus jobs number was as phony as a three dollar bill. But besides that, if you thought this quarters numbers were bad, just wait till a July. Disaster.

And all the kids on Reddit are talking about Fire and Blood if Trdeau cuts the CERB. He might have to hire Antifa for protection. The bulletproof vest and his 109 RCMP bodyguard may not be enough.

#6 Bob on 05.14.20 at 12:55 pm

Part of the ‘fear’ is that

a) Governments here didn’t prepare properly… e.g. healthcare workers don’t have appropriate PPE… so I hope the fear is that the public recognizes this and doing their part.

b) Our healthcare system was already near capacity before covid-19. Contrast that with US and Sweden which had more capacity. More capacity == see more covid-19 patients == more care == higher survival rate == lower risk if you get covid-19

c) We as a society also value freedoms, more so than say Chinese citizens who accepted draconian measures. As such, you’ll get people who refuse to wear masks, and in fact, governments refusing to mandate them. Consequently, more people act accordingly…

e.g. imaging driving on the highway without speed limits or lane lines or dividers. And since no rules, no police offers to enforce rules. And then tell people there’s no car insurance either. Are you going on the 401 in those scenarios?

#7 TurnerNation on 05.14.20 at 12:57 pm

—- How do you slow the economy?
1. Kill demand.
OR
2. Kill credit.

2008 GFC was #2, credit (kill off the supply).
2020 they killed demand, globally. “Distancing” is a blunt economic tool being used to thrash us and the economy. So much for a free economy. We have planned Kommunist quotas it sees.
(Still think you have local representation? Say when are the courts, the cornerstone of democracy re-opening? If the answer was never would you show surprise?
Perhaps a global UN court will adjudicate all. I dunno.)

—-Blockchain. This blog wrote about it. It’s 2020 and what is Blockchain used for ? No idea.
We certainly do not use it for our stock trading, or real estate transactions; holding our mortgages, paying our rent, or our taxes. Nothing.
So what did our elites launch it for? DNA storage and immunity tracking (coming soon).
Maybe you already, willingly mailed your swab to them. Swabbing might become mandatory , for CV naturally, in some areas before you are allowed return to work, travel, or transact commerce in person.

CellBlock Chain, to chain you to your house unless you have the correct Mark to buy and sell and work and leave the house? Dunno.

Some blog dogs have mentioned the new word for GroupThink: the Global Hive mind. What was the first and most connected (backers) Blockchain company to list on the TSX? Hive Blockchain. HIVE.TO. Have I said too much…

Speaking of bees, everyone’s favourite chemical giant – whose substances have completely saturated our soil, water, air, food, animal and bodies – Monstanto, bought this company: Beelogics
Yes bees, so critical to our food supply. Watch your food supply folks.

—In the news, Amazon looking to buy AMC theatres. And they are scooping up closed grocery stores in USA.
I posted 3rd week of March when it all hit, this is the largest Global Corporate Takeover ever. The big tech companies already run our lives and have more data than god on us. Now they want our land.

#8 IHCTD9 on 05.14.20 at 1:01 pm

Kids entering the job world during a recession, we’re told, make on average 10% less than others. The income gap can last a decade, rendering student debt harder to pay while delaying marriage, kids and real estate.
——

I’ve been thinking about this angle too. Especially the delay of marriage/kids/RE.

I graduated into the 90’s blowout, and it resulted in bailing out of trying to get a job connected to my education. Mills got the gig economy, Gen X’s version of same was not finding a job relating to their schooling.

Marriage/kids were not delayed for me, but that’s 100% due to marrying a gainfully employed Woman. It did take many years to get what I’d consider good money. I was barely off and running with things getting better all the time when **poof!**, the GFC came and ate my employer.

With the state of marriage and kids being what it is, this virus could pound down our fertility rate even more. I’ll bet the “Tinder Babies” slow down too. I wonder how long till we’re like S Korea/Japan with a fertility rate of just over 1.0?

#9 Faron on 05.14.20 at 1:02 pm

#213 Ronaldo on 05.14.20 at 9:35 am

#195 Do we have all the facts on 05.14.20 at 7:33 am

I apologize for insulting your intelligence. I am still going to argue with you and titter to myself a little bit at the two on one pile on.

Elon is quoting the numbers that are convenient to him and his personal bottom line. And you are buying his egotistical crap because it aligns with your perceptions of government conspiracy. I have bias here because ever since Elon lied about the $420 per share sale of Tesla (on obvious stoner joke, but Elon, the CEO, should know better than to tweet when he’s in his stoner paradise) I have despised him. I wasn’t surprised when he called the Thai cave rescue person a pedophile.

Elon is not some noble character out to do good. His motivation is not for more and more-accurate data (which everyone of every stripe wants except maybe Bolsonaro). His motivation is profit and celebrity and ego.

And its funny when folks claim rationality then get sucked into the vortex of right wing conspiracy because the youtube (and Fox and Friends) talking heads make them feel righteous (emotion) and indignant (emotion) toward the people they hate (emotion) for some reason. The emotions are strong enough that they/you fail to question the speakers actual ability to gather data and speak meaningfully about the topics they go on and on about.

No, actually it’s not funny at all because it has completely undermined any basis for truth in this world and is leading us down a course of speculative authority, massive political rifts and likely worse.

Here’s a fact that you and I can both agree on: I’m sure you are aware that excess deaths through March in Canada came out yesterday and showed declines in death rates everywhere except Alberta. Yes, declines. I look at those numbers and think “Cool, my hypothesis is that the death rates are down because of fewer accidents due to travel restrictions and people seeking and getting care when they have flu-like symptoms. It will be interesting to see what the April numbers look like. I don’t believe that the ~1400 lives saved should come at the cost of the economic melt down, but I do believe that 1400 is a very large underestimate of lives saved owing to these measures.”

What does the right (who crapped all over StatsCan earlier in the course of events when they released some numbers they didn’t like) think of this report? I hypothesize that it aligns with your beliefs, so you like it but it’s messy because of the crapping-on of StatsCan so you are exposed but you will happily bury that truth and chalk it up to rationality.

#10 Sail away on 05.14.20 at 1:07 pm

I have only one question for DT:

If you choose to live in Zurich, why don’t you learn the language?

#11 Sail away on 05.14.20 at 1:10 pm

#4 Viorelli on 05.14.20 at 12:53 pm

One of my sons good friends was an anastasiologist at the Royal Columbian here in LM.

————–

Hadn’t heard of that profession. What does he do? Study people named Anastasia?

#12 Sold Out on 05.14.20 at 1:10 pm

Maybe this online learning experiment becomes the norm for uni students; it would have to be much less expensive to provide a university education via the internet.

Picture it; kids in every city, small town and FN community would have an affordable, accessible education. University would no longer be a 4-year beer pong contest and extended childhood, and no one would give a hoot about where you went to school.

Some programs would still require a face-to-face component, but the savings would be enormous. Universities could sell off lots of pricey real estate to make up for the lack of foreign students.

No more crippling student debt, and an end to delaying adult developmental achievements.

All achieved without increased socialism, communism, liberal brainwashing, or any other irrational reason the poorly informed cite to justify their suspicions about higher education.

It’s not necessarily all doom and gloom out there; coronavirus may be a catalyst for beneficial change.

#13 Oracle of Ottawa on 05.14.20 at 1:12 pm

Almost 2 mil for a detached. That’s nuts. Things would have to fall a lot further for me to bite.

#14 Drew Riedstra on 05.14.20 at 1:14 pm

Dogs, sheep…humph. I prefer to follow the data facts. Which currently tell me that if I go oot and aboot I’m going to spread a virus and probably infect and possibly kill people.
Sometimes the truth just hits you in the face like a slimy old dead trout; it stinks forever and hurts for a while.

#15 BrianT on 05.14.20 at 1:23 pm

The reality is that every billionaire in this country along with all levels of government and almost 100% of the MSM are completely in favour of making Canadian society more like that of Communist China-those three powerful groups all agree that Canadians have way too much freedom. Now these three powerful groups have been joined by the frightened sheep-about 75% of the population. OK-so we have 25% of the population opposed by every billionaire, every level of government and the MSM. So no point worrying about it-it was baked in the cake once we got into bed with a totalitarian dictatorship.

#16 ExCanadian on 05.14.20 at 1:28 pm

So what’s the Canadian public debt again? Apparently the financial minster doesn’t know…or he doesn’t want to scare Canadians with you know… inconvenient https://youtu.be/JHSRv5repZc

#17 IHCTD9 on 05.14.20 at 1:36 pm

#247 Tater on 05.14.20 at 12:41 pm
#228 IHCTD9 on 05.14.20 at 10:41 am
Looking at all these land lord posts has shown me there is a need for certain “services”.

I know a couple dudes. One an ex pro volleyball player, 6’-10” 280lbs solid bone and muscle. The other is a beast-like Scottish dude 6’-2” 290 lbs. He’s about 6’-2” wide also. He likes drinking and fighting (and it shows).

Just trying to think up a name now…
———————————————————–

The Fat Boys. Even have a theme song for you: https://youtu.be/cvqxIDmEw_c
——- –

These dudes aren’t fat though. The volleyball guy actually looks skinny, but he’s shredded and 6-10, hence 280 lbs. The Scottish dude has a little chub from all the beer, but he’s built like a rhino. Think a shorter, broader, bigger boned version of Derek Boogaard.

They’d make a good team. One dude has to duck to get thru a door, the other guy has to turn sideways lol.

#18 Sold Out on 05.14.20 at 1:36 pm

#4 Viorelli on 05.14.20 at 12:53 pm
One of my sons good friends was an anastasiologist at the Royal Columbian here in LM. He used to come over lots during his childhood for sleep overs and games……

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

So, he took his tax-payer subsidized education and de-camped for the land of for-profit care. Despite an average income of $360,000+, and no overhead.

If it was just the cost of living that drove him out, he could’ve moved to Regina, like Garth suggests to all those who complain about COL in GTA/YVR.

Per the NP article:

“Morton said he expects that between the obstetrics contracts and the fee for service for other work, anesthesiologists would earn gross compensation of about $500,000. The average for BC anesthesiologists is $360,000 a year, he said.”

https://nationalpost.com/health/b-c-hospitals-anesthesiologists-under-fire-as-some-women-in-labour-left-in-pain

#19 Faron on 05.14.20 at 1:37 pm

15 BrianT on 05.14.20 at 1:23 pm

“…completely in favour of making Canadian society more like that of Communist China”

I doubt this given that the Chinese government meddles in everything and anything that goes on within the borders and most corps seem to want the exact opposite. Look at the mess Huawei is in. If Huawei’s technical ability were in a freer society, they would be a runaway success. Instead they are hampered by Chinese geopolitical tanglings that eat severely into their bottom line. I dunno, Sail Away owns a business, ask him.

“OK-so we have 25% of the population opposed”

You are a true revolutionary. I salute you.

#20 house selling on 05.14.20 at 1:42 pm

Houses are selling fast that meet a certain criteria – price right, are not attached to anything else, and not currently lived in (cause no people = no germs in the heads of buyers). I just sold a house I love in NL that I use in summers and had planned to move back to, but my hubby being way less emotional and more practical than me, said that the province is a sinking ship and we need to get out before it goes totally under (he also said if I still miss it in two years, we can buy a similar house for half the price in two years). So house was listed and sold within 7 days – its is a stand alone house, price was fair (note – all real estate in NL is significantly cheaper than anywhere else in Canada), and it has been unoccupied since before the covid stuff started.

#21 belly rubs on 05.14.20 at 1:43 pm

#232 IHCTD9 on 05.14.20 at 10:50 am
#192 belly rubs on 05.14.20 at 6:45 am
I have an agreement with my landlord: I pay the rent and he stays out of my face. We are both rational adults…

…where?

Fraser Valley. There are two residences on prop, both rentals, however the other household stays indoors or putters in their yard, leaving the bulk of the property to whoever wants to cultivate. Very chilled, calm, relaxed neighbourhood. Wouldn’t know about the pandemic except for the news.

#22 IHCTD9 on 05.14.20 at 1:43 pm

#12 Sold Out on 05.14.20 at 1:10 pm
Maybe this online learning experiment becomes the norm for uni students; it would have to be much less expensive to provide a university education via the internet.

Picture it; kids in every city, small town and FN community would have an affordable, accessible education. University would no longer be a 4-year beer pong contest and extended childhood, and no one would give a hoot about where you went to school.

Some programs would still require a face-to-face component, but the savings would be enormous. Universities could sell off lots of pricey real estate to make up for the lack of foreign students.

No more crippling student debt, and an end to delaying adult developmental achievements.

All achieved without increased socialism, communism, liberal brainwashing, or any other irrational reason the poorly informed cite to justify their suspicions about higher education.

It’s not necessarily all doom and gloom out there; coronavirus may be a catalyst for beneficial change.
——-

100%, and the sooner the better. Ontario is slowly inching mandatory minimums for online courses into the curriculum, but the teachers Unions are fighting it tooth and nail.

It would be pretty much all good, zero bad.

#23 binky barnes on 05.14.20 at 1:48 pm

Canada will be among the very last nations on the planet to open back up–collectively a nation of ‘softies’ led by a big ‘softie’.

Do the powers that be know what they are doing? Don’t count me among those who think so.

BB

#24 Sold Out on 05.14.20 at 1:53 pm

#17 IHCTD9 on 05.14.20 at 1:36 pm
#247 Tater on 05.14.20 at 12:41 pm
#228 IHCTD9 on 05.14.20 at 10:41 am
Looking at all these land lord posts has shown me there is a need for certain “services”.

I know a couple dudes. One an ex pro volleyball player, 6’-10” 280lbs solid bone and muscle. The other is a beast-like Scottish dude 6’-2” 290 lbs. He’s about 6’-2” wide also. He likes drinking and fighting (and it shows).

Just trying to think up a name now…
———————————————————–

The Fat Boys. Even have a theme song for you: https://youtu.be/cvqxIDmEw_c
——- –

These dudes aren’t fat though. The volleyball guy actually looks skinny, but he’s shredded and 6-10, hence 280 lbs. The Scottish dude has a little chub from all the beer, but he’s built like a rhino. Think a shorter, broader, bigger boned version of Derek Boogaard.

They’d make a good team. One dude has to duck to get thru a door, the other guy has to turn sideways lol.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

No. 10 Beat-Downing

Tall skinny guy + short round guy = #10

#25 Faron on 05.14.20 at 1:56 pm

Nice pic BTW. A dog curled in its bed has to be one of the most calming sights out there. Our Basset is on his bed under my desk as I write…He’s snoring away.

Quoth DT:

“Thus all I can see are the statistics (here they are very, very positive – we have reduced the infection rate by ~97% in 6 weeks).”

My question for DT and thus Garth: Don’t you think that one (low infection rate) begets the other (positive outlook re the virus)?

Here in BC, for me and my friends at least, things feel relatively positive. I went INSIDE a cafe yesterday and got a coffee. Nuts. Why is this? Because the infection rate was never that high here, so the sense of viral doom never crashed down on us. We are exposed to the same media. Or maybe it’s all the weed?

Oh, and our leadership is unwavering, calm, cool and collected <3 Bonnie Henry. That makes a huge difference.

#26 BrianT on 05.14.20 at 1:59 pm

#6Bob-great example of the power of the MSM-this virus which poses very little risk to the vast majority of the population has become (in the minds of the sheep)-Mad Max the Road Warrior hurtling down the 401-no lane dividers, no speed limits, no rules. Jeez.

#27 Is Z the last generation ... on 05.14.20 at 2:00 pm

Or is A next?

#28 Dharma Bum on 05.14.20 at 2:06 pm

Just another word about amateur landlords…

I tried my hand at amateur landlording starting back in 2007.

It ended up being ten years of regret.

Other than learning a lot about human nature (hint: I am now very unsympathetic to deadbeat tenants) and the legal system (I hired paralegals to represent me at a few landlord tenant tribunal eviction hearings), the experience was hell.

Not a month went by without some sort of hassle. Mostly tenants defaulting on rent, short paying, or bouncing cheques.

The rest of the problems included fights between tenants, their neighbours, breaks, leaks, drugs, smoking, pets, urine, fires, by-law officers, clogs, cracks, and general low-life mayhem.

Face it, at the low end of the amateur landlord property rental market, the tenants you have to deal with are the underclass of society. Normal people with any options wouldn’t be renting the type of places I owned at the time. That’s life in the amateur landlord world.

It is only by pure luck that I was able to get out from under the rock known as amateur landlording.

I listed and sold a couple of properties immediately after the former scum was cleared out (legally, via the landlord tenant tribunals), and re-rented.

Also, it helped that property values skyrocketed between 2007 and 2017, so the net gains after all my aggravation, legal costs, expenses, capital costs, and taxes ultimately paid off. I emphasize again, however, that it was pure luck that the housing market exploded so irrationally. It was like a Vegas longshot bet.

Had it not been for the capital gains due to the unprecedented appreciation in asset values that occurred during that ten year period, I would have been in the hole.

If I had strictly relied on the cash flow projections from rent revenues, the whole venture would have been a bust.

Amateur landlording is a lousy business model. Tenants are unreliable as a source of income.

The real estate game over the last 60 years was only successful due to irrational capital appreciation and the refinancing games that allowed landlords to siphon cash out of those properties and achieve ridiculous windfalls. (Values going through the roof while mortgage rates plummeting = refinancing extravaganza = free cash.)

I was very, very lucky to have experienced a small scale taste of that side of the coin. It evened out the score.

Tenants will eat you alive, while destroying your physical property.

Just ask the “Keep the Rent” deplorable. He knows.

#29 Tater on 05.14.20 at 2:07 pm

#17 IHCTD9 on 05.14.20 at 1:36 pm
#247 Tater on 05.14.20 at 12:41 pm
#228 IHCTD9 on 05.14.20 at 10:41 am
Looking at all these land lord posts has shown me there is a need for certain “services”.

I know a couple dudes. One an ex pro volleyball player, 6’-10” 280lbs solid bone and muscle. The other is a beast-like Scottish dude 6’-2” 290 lbs. He’s about 6’-2” wide also. He likes drinking and fighting (and it shows).

Just trying to think up a name now…
———————————————————–

The Fat Boys. Even have a theme song for you: https://youtu.be/cvqxIDmEw_c
——- –

These dudes aren’t fat though. The volleyball guy actually looks skinny, but he’s shredded and 6-10, hence 280 lbs. The Scottish dude has a little chub from all the beer, but he’s built like a rhino. Think a shorter, broader, bigger boned version of Derek Boogaard.

They’d make a good team. One dude has to duck to get thru a door, the other guy has to turn sideways lol.
—————————————————————
Sure. One guy the height and weight of Lebron James, but he looks skinny. The other, carrying as much muscle (allegedly) as pro-bodybuilders (who are chemically enhanced).

Do they ride around town on their matching unicorns?

#30 looking up on 05.14.20 at 2:10 pm

REMAX is posting a news blog once a day reassuring everybody that the real estate market can’t possibly fall.

They’re being honest with us aren’t they?

#31 Lambchop on 05.14.20 at 2:13 pm

Trudeau would like us all to “buy Canadian” to help the food industry.
That’s rich, especially after murdering our O&G industry and selling our infrastructure.

Buy Canadian.
Apart from food, is there even still such a thing?

#32 TurnerNation on 05.14.20 at 2:14 pm

For well over a month Porter Airlines web site stated ‘Now accepting bookings for June 29th, July 1st’
Now how would they have known that firm date back then? It’s a lot of risk having irrate customers and issuing refunds if wrong.
People are calling out ON’s premier for stalling on giving exacting dates timelines for re-opening in the past two weeks.
Let me tell you the timeline: it will be July 1st.
This is planned folks.

#33 Sail away on 05.14.20 at 2:15 pm

#18 Sold Out on 05.14.20 at 1:36 pm
#4 Viorelli on 05.14.20 at 12:53 pm

—————-

One of my sons good friends was an anastasiologist at the Royal Columbian here in LM. He used to come over lots during his childhood for sleep overs and games……

—————-

So, he took his tax-payer subsidized education and de-camped for the land of for-profit care. Despite an average income of $360,000+, and no overhead.

If it was just the cost of living that drove him out, he could’ve moved to Regina, like Garth suggests to all those who complain about COL in GTA/YVR.

—————-

What? Taxpayer-subsidized education? You must be kidding, right?

As mentioned by Viorelli, his salary is double in Reno. His taxes for large salary will be much lower, a mansion for $640K and no state income tax.

If he wants to move, he could also move anywhere else in the US instead of Regina.

Let’s see: Hawaii or Regina? Hmmm… tough call…. yep, let’s go with Regina.

He seems to have made a logical decision.

Also, medical care is much better in the US than here. His medical insurance will be mostly covered through work.

#34 Henry on 05.14.20 at 2:17 pm

Its interesting to read DT’s comments… another canadian here, started reading this blog in 2009; escaped GTA and happy in Suisse Romande. Even returned from Canada end of Feb beating the crazee by couple of weeks.
I second every word he is saying. And it is not the language. I am fluent in french and good in German. The news here are well, news. Balanced and factual. Have to say the audience is way more mature than in Canada. Cant compare average voters. On the restaurants in Canada though i would not ho there either. There’s more germs than nutrients and triple overpriced food sucks.

#35 Faron on 05.14.20 at 2:18 pm

One last post for the day. Promise.

CONGRATULATIONS SWEDEN!!!!

By the end of the first wave, if projections are correct, you will be among the highest five countries world wide in terms of death rate. And, your economy is almost as pooched as everyone else’s. I know it wasn’t deliberate, but way to effectively throw your elderly under the bus. I’m sure those beers on your open patios were worth it though! Way to do your own thing and forget that your country is situated in a global economy thereby negating your intended outcome with death the undesirable side effect.

#36 TurnerNation on 05.14.20 at 2:21 pm

The polls? Likely predictive programming. What they want you to think.
Last weekend. Garden centres in the 905 area full parking lots. First day open.
DVP traffic back to normal – it ground to a halt over nothing then began moving. Just volume. (DVP is the Don Valley ParkingLot highway.)
Small hotels/motels along the 401 hwy a fair # of cars in their parking lots.
Downtown Toronto past few days, line ups 30 people deep outside take-away ice cream places, people lounging on available benches in the area.

Don’t believe the polls

#37 Trimtab on 05.14.20 at 2:23 pm

Hate to tell y’all but here in YVR, the sun was shining and with nowhere else to go, everyone and their dog flocked to the parks and beaches. I’d say easily 300 people. Strangers stayed away from eachother, but small groups gathered and picnic’ed and strolled the sea wall. I saw maybe 5 mask wearers tops. People of all ages hanging out – it felt like a very normal July summer day.
And low and behold – deaths did not spike, cases did not jump, nope not a one.
Not to mention we have the largest homeless population on the DTES living on top of eachother, eating from garbage bins, no where to wash their hands and burning their immune systems down with their drug of choice. You would think that population would be the first to be wiped out – if in fact – this thing is so deadly you can’t get a haircut anymore….
Still no spike though…hmmm?

#38 Doug t on 05.14.20 at 2:30 pm

The response to this “virus” is such a SHAM – idiots are in control and the sheeple are zombies. Enjoy the next ten years sheeple – NOT

#39 Howard on 05.14.20 at 2:32 pm

#10 Sail away on 05.14.20 at 1:07 pm
I have only one question for DT:

If you choose to live in Zurich, why don’t you learn the language?

———————————-

I agree. German isn’t even that hard, especially for native English speakers given the high percentage of cognates. Maybe he hasn’t been there very long.

#40 GB on 05.14.20 at 2:34 pm

Speaking of millennials. I have two millennial daughters and essentially they don’t view their future in terms of financials.

“Past generations seem obsessed with money which has made them increasingly miserable…..not happier”

I’ve reflected on this and am convinced this is a product of the past several generations just passing the buck to the next. Eventually there will be a generation that has no ability to outperform the previous.

This seems like it.

This is why we are seeing a rise in the viewpoint that people should be afforded a basic universal income….happiness does not correlate with wealth accumulation (a defence mechanism that millennials have no choice but to adopt).

You can’t just keep pushing fiscal responsibility downstream….it’s a pontine scheme.

This new generation are finally the ones that are taking the hit.

I feel bad for them because they seem to have no hope.

#41 Fear I don’t think so on 05.14.20 at 2:38 pm

Well if BC is any indication with a full weeks warning before they were opening phase two, within hours Of comrade Horgans announcement to please wait, coffee shops were full people on the streets. Look at New Brunswick people could hardly wait to get to the malls.
The following comment not suitable for all readers, but then again it’s a fact of life and why bury your head in the sand.
So here goes, female companions have been hit really hard, however, demand is spiking along with rates. So pent up demand is an understatement for 100 days in isolation.
Don’t shoot the messenger, just what I read.

On another note I think the public is starting to realize that the governments totally screwed up in the beginning, then swung to far the opposite and then lied and backed up the money truck to keep us happy. so bottom line hospitals are empty and there is nothing to fear. And now two year waiting list for surgeries imagine what five billion would have built.

#42 SWL on 05.14.20 at 2:40 pm

How did we become such a nation of thumb sucking little babies?

80 years ago mothers and fathers sent there 20 year old sons off to fight a war in a foreign land knowing full well that they would likely never see them again. Today we have 20 year olds freaked out at the thought of 80 year old people dying in care homes. Like the doctor who choose to speak out here said. All life eventually becomes fatal. Deal with it

Canada is toast with Justin and his 74% approval rating calling the shots. Useful idiots abound. This is no longer a right vs left issue, but simply a moral responsibility

#43 GB on 05.14.20 at 2:43 pm

#19 GB

“Pontine scheme”=“ponzi scheme” (spellchecker).

#44 BillyBob on 05.14.20 at 2:45 pm

#5 Benjamin Astor on 05.14.20 at 12:55 pm
Swiss Dude. Huh? There is zero reason to not have full streaming anywhere in the world. Wow, never heard of ROKU? Sling TV ? There’s dozens of others, streaming live global news 24/7 in HD , plus local channels. I’m in a Bangkok hi rise and Ive got better TV etc than a full cable service in Canada.

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

LOL

I don’t think the issue is not being able to figure out HOW to get trash TV piped in 24/7. If you’d ever been to Switzerland you’d know that the Swiss don’t exactly sit around watching TV like North Americans. Probably why they’re richer, thinner, and smarter.

————————————————————————————

#18 Sold Out on 05.14.20 at 1:36 pm
#4 Viorelli on 05.14.20 at 12:53 pm
One of my sons good friends was an anastasiologist at the Royal Columbian here in LM. He used to come over lots during his childhood for sleep overs and games……

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

So, he took his tax-payer subsidized education and de-camped for the land of for-profit care. Despite an average income of $360,000+, and no overhead.

If it was just the cost of living that drove him out, he could’ve moved to Regina, like Garth suggests to all those who complain about COL in GTA/YVR.

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

Yeah. Regina. Totally comparable to Reno. Sheesh.

Twice the money taxed at a lower rate means a working career less than half as long. Even if you don’t like money, surely you value your time?

Every year I’ve worked as an expat is three – at least – I would have had to work in Canada. I actually enjoy my profession, when the planes are flying. But saving in a decade what I’d need 30+ years to equal in Canada?

No brainer.

#45 FreeBird on 05.14.20 at 2:45 pm

“As usual, however, the true cost will be borne by the poorest and weakest.” Article incl interesting predicted/pre planned waves over now much cited 18 mth time frame. Contact tracing still pushed…and I’m still pushing back.

https://www.technologyreview.com/2020/03/17/905264/coronavirus-pandemic-social-distancing-18-months/

#46 Lobster Man on 05.14.20 at 2:48 pm

Where is the Recovery?

The Baltic Dry Index (BDI) is heading lower. Here is the latest:

https://tradingeconomics.com/commodity/baltic

LM

#47 Ronaldo on 05.14.20 at 2:54 pm

Let’s hope we know what we’re doing.
—————————————————————
They didn’t before we got into this mess so why would we believe they know now? And let’s stop comparing this to Dunkirk, Vimy Ridge or the Battle of Britain. Our leader is still locked down in his bunker afraid to come out. He’s no Churchill.

#48 Forward Thinking on 05.14.20 at 2:56 pm

3 million more Americans out of work last week with 3 million more expected this week. Bankruptcies through the roof.

Stock markets up!

#49 Felix on 05.14.20 at 2:57 pm

Welcome to……

Felix’s Feline Filosophy – Episode 3
*****************************

Today’s deep question topic for you to mull over in these hours of quarantine:

Today’s picture shows a completely useless furry thing on top of an actually useful furry thing.

Q: Is it possible that a dog could have more useful value than any inanimate object on this planet?

Examples:

Rock? No
Paper? No
Scissors? No

Anything?
*****************************

Feel free to develop your treatise in response and email me here, while maintaining social distance.

Enjoy your inner dialectic, and stay safe in your basement.

#50 Stone on 05.14.20 at 3:01 pm

Interesting. Or delusional. Can’t say which.

https://www.scotiabank.com/content/dam/scotiabank/sub-brands/scotiabank-economics/english/documents/housing-note/housing_note_2020-05-13.pdf

#51 Fear Factor on 05.14.20 at 3:01 pm

The popular term is “Zoomers”.

#52 Leichendiener on 05.14.20 at 3:02 pm

Stay stupid.

#53 crowdedelevatorfartz on 05.14.20 at 3:06 pm

@#18 Sold out
“So, he took his tax-payer subsidized education and de-camped for the land of for-profit care. ”

+++
To save FarmerClem ( aka ruralRick) the long , (apparently) painful story of a friends kid who is now a heart surgeon in the US.

Govt spent hundreds of thousands training the kid and when he graduated and was was ready to work….. No job openings in the public sector closed shop system that is Canadian Health care., ……
So he AGAIN retrained on the govt dime…4 more years , graduated , ready to work….no work.
Applied in the uS.
Making shiteloads of money, lower taxes, on and on.

Canadian govt bureaucrats are killing Canada.

#54 baloney Sandwitch on 05.14.20 at 3:07 pm

Warren Buffett has sold all his airlines stocks. Now it appears he selling his banks. https://www.barrons.com/articles/warren-buffetts-berkshire-hathaway-sold-a-big-bank-stock-this-week-51589404932
Not sure what the old man is up to but he is the best investor alive by a long shot, and if he is scared who are we. I hope he got a haircut. He looked terrible last week.
Druckenmiller and David Tepper (big shot hedge fund guys) say they are out and market very expensive. Meanwhile, markets bouncing around like a bloody ping pong ball.

#55 Calgary retiree on 05.14.20 at 3:08 pm

The blog narrative consistently identifies Canadians as being mentally deficient. The are fearful, cowards, greedy, misinformed, immoral, fraudsters and so on.

Clearly a conservative blog.

I looked at some of the numbers and compared Swiss, Dutch and Canadian virus mortality rates per 100,000 to date.

Swiss 18.5
Dutch 32.9
Canadian 14.5

We don’t look bad, but we lag the Europeans who got infected earlier.

#56 NewWest on 05.14.20 at 3:11 pm

#12 Sold Out on 05.14.20 at 1:10 pm

Maybe this online learning experiment becomes the norm for uni students; it would have to be much less expensive to provide a university education via the internet.

——————————-

That is exactly what is happening. Many (eventually all? I know of three so far) Canadian universities are now planning for online classes for the next 18 months or longer. Small classes, labs, and tutorials will gradually be allowed with the proper protective gear and distancing, and measures are being put into place to do contact tracing on campuses. The majority of staff are going to be working remotely for the foreseeable future, as they are now.

This will allow access to international students, who won’t be physically back on campus in the fall. Universities are funded in large part by student tuition, and international students pay considerably more tuition than domestic students.

There are going to be some massive changes in academia, none of which should be surprising. This shutdown is finally providing the impetus to get the academic teaching and research establishment moving into the 21st century. So much is already online, libraries, thesis submissions, coursework. The question is, as Sold Out said, if a student is getting a degree online, what about tuition fees? And what makes any one university more desirable than another, when everyone is teaching remotely? Right now someone has to pay the salaries of tenured faculty, the biggest expense for any university. What happens with that? Does the academic guild system, which has persisted since medieval times, finally get re-evaluated?

#57 JackYVR on 05.14.20 at 3:29 pm

The wages of sin is Death,
But the hours are good!

#58 conan on 05.14.20 at 3:30 pm

RE: #11 Sail away on 05.14.20 at 1:10 pm

I am an Ingrid-ologyst. Lots of Ingrids. It is almost super natural.

RE:#117 Andy on 05.13.20 at 7:11 pm
#79 conan

“So what did the cops tell you to do to get the tenant out?”

It is not what they told me that is important. It is knowing how to rephrase a question, so they give you the information that you want.

#59 Sold Out on 05.14.20 at 3:31 pm

#46 Ronaldo on 05.14.20 at 2:54 pm
Let’s hope we know what we’re doing.
—————————————————————
They didn’t before we got into this mess so why would we believe they know now? And let’s stop comparing this to Dunkirk, Vimy Ridge or the Battle of Britain. Our leader is still locked down in his bunker afraid to come out. He’s no Churchill.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

I agree; we should be comparing the coronavirus response to Ypres, where the survivors wore masks.

Buncha pussies, amiright?

#60 Do we have all the facts on 05.14.20 at 3:32 pm

What are our options when our Prime Minister admits in public that he has little, or no, interest in the current, or future, financial position of Canada. With no Parliament there is no debate and no accountability. No wonder he is prolonging a return to normal operations.

The threats posed by the Covid 19 virus pale in comparison to the threats facing future generations of Canadians if our economy is not addressed in a more professional manner.

Mr. Prime Minister our Country is in real trouble and I must insist that you shift your priorities to the real crisis.

#61 Financial Orchid on 05.14.20 at 3:33 pm

I’m not scared to go to a restaurant. I just found tremendous budgetary efficiencies during forced quarantine.

Instead of waiting in lines and crowding into hysteria or playing dodge covid in stores, I was forced to find and pleasantly adapted to

– Milk alternatives: nut milk with a milk bag instead of lugging a 4L jug home.
– Rationing groceries. Using 1/4 onion instead of 1/2 to make noodles. A little protein, fiber, and carbs add up to a sizeable portion. Overall, portion controlled caused by dread of grocery store
– Forced to cook most meals: improved culinary technique. Less desire to visit restaurant now. At least until I’m tired of doing the dishes.
– Discovering small quiet parks during WFH that replaced my former DT gym membership
– Picked up a side hustle online too during all this “no spend” time.

That said when time comes to squeeze back into the train, I will faithfully do so 4/7 days of the week just coz I’m not actually a hermit.

TLDR: Saved a ton. Cooked better. Increased operational efficiencies in household of 1.

I’m on track to spend $20K for the year.

Miss traveling tho. Hope the boarders reopen even if getting thru will be more labor intensive than post 9/11.

#62 Dolce Vita on 05.14.20 at 3:36 pm

#5 Benjamin Astor

Italia here.

150 Mbps Internet, Max Bandwidth Cell, Unlimited Data up/download, no roaming charges in the EU, etc., all for a flat rate of €25/mo, 3 year plan (eat your heart out Canada).

Stream Cdn National and Local news next morning, have been for years, never an issue. Also, a lot of English language news from EU countries on YouTube like DW, etc.

Have no idea what is going on in CH, but it cannot be good if what he says is true about communications there.

#63 Dolce Vita on 05.14.20 at 3:41 pm

Update:

Italia cases, ICU beds, deaths, etc. plummeting, R0’s as well.

1 month after the Apr. 14 Phase I opening fine and if anything, with 3.5MM having gone back to work then, it should have happened by now (incr. in cases if the Spanish Flu experience any indication).

Much of the economy opening up now. 1 more Monday and it should be all open except for large assembly gatherings, TBD on May 25th (football stadiums, etc.). Well there’s Bundesliga opening this week but that’s with no fans in the stands. Serie A hopefully after the 25th, with fans?

Today Gov Italia providing Summer Vacation TAX CREDITS up to €500 now that the Beach Culture situation sorted out by Presidential Decree (of all things) e.g., 5m between umbrella rows, 4.5m between umbrellas in a row, etc. AND NO NORDIC NATIONS, AUSTRIANS AND GERMANS, that does <NOT apply to you and your nude sunbathing ways on our 100's of Blue Flag beaches.

They seem to have Union+Business+Health Ministry agreed workplace rules for most if not all GDP Sectors…a good thing…everyone then knows what has to be done to reopen (and strictly enforced).

Unlike the American Wild West of reopenings that I watch on NBC Nightly News…oh well, their country, they can do as they please…glad I do not live in some of their States where "Give Me Liberty or Give Me Death" takes on a whole new meaning.

#64 happygolucky on 05.14.20 at 3:49 pm

Lee on 05.13.20

Do you see now how reckless it was for JT to utilize the strategy of running “small” deficits for a few years, as if nothing could go wrong in the interim to amplify that mistake? I don’t see how we ever pay off the $250B in deficit we ran up in the last 8 weeks, let alone the accumulated debt from before. I’m still waiting for Howard to tell us which country we can take our money to.

The Parliamentary Budget Officer has hinted the debt could actually reach $1 trillion. – Garth
——————————————————

I believe you.
So we are in Big League now, well deserved.

#65 Brett in Calgary on 05.14.20 at 3:51 pm

COVID in Canada is a clown show. Period.

#66 Ace Goodheart on 05.14.20 at 3:55 pm

Big baby boom coming in Dec 2020, Jan 2021 according to info from those in the know.

Seems there was not a lot to do during the last half of March and all of April, what with being locked indoors with your spouse and social distancing and all.

What will we call this massive generation of babies?

The virus-boomers? COVID-babies? The viral generation?

#67 TheDood on 05.14.20 at 3:57 pm

#43 BillyBob on 05.14.20 at 2:45 pm
#5 Benjamin Astor on 05.14.20 at 12:55 pm
Swiss Dude. Huh? There is zero reason to not have full streaming anywhere in the world. Wow, never heard of ROKU? Sling TV ? There’s dozens of others, streaming live global news 24/7 in HD , plus local channels. I’m in a Bangkok hi rise and Ive got better TV etc than a full cable service in Canada.

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

LOL

I don’t think the issue is not being able to figure out HOW to get trash TV piped in 24/7. If you’d ever been to Switzerland you’d know that the Swiss don’t exactly sit around watching TV like North Americans. Probably why they’re richer, thinner, and smarter.

————————————————————————————

#18 Sold Out on 05.14.20 at 1:36 pm
#4 Viorelli on 05.14.20 at 12:53 pm
One of my sons good friends was an anastasiologist at the Royal Columbian here in LM. He used to come over lots during his childhood for sleep overs and games……

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

So, he took his tax-payer subsidized education and de-camped for the land of for-profit care. Despite an average income of $360,000+, and no overhead.

If it was just the cost of living that drove him out, he could’ve moved to Regina, like Garth suggests to all those who complain about COL in GTA/YVR.

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

Yeah. Regina. Totally comparable to Reno. Sheesh.

Twice the money taxed at a lower rate means a working career less than half as long. Even if you don’t like money, surely you value your time?

Every year I’ve worked as an expat is three – at least – I would have had to work in Canada. I actually enjoy my profession, when the planes are flying. But saving in a decade what I’d need 30+ years to equal in Canada?

No brainer.
___________________________________

Our oldest graduates after one more semester and is not even considering staying in Canada. The youngest is 2 years behind her and will follow suit. Both will graduate debt free – thanks in large part to the advice dispensed from this blog (a big TY to MISTER Turner!!) and despite their young age, both realize economic opportunities are much more abundant and higher paying outside of Canadian borders.

No brainer indeed!

#68 no blog for old men on 05.14.20 at 3:57 pm

@#32 Sail away on 05.14.20 at 2:15 pm
#18 Sold Out on 05.14.20 at 1:36 pm
#4 Viorelli on 05.14.20 at 12:53 pm

—————-

One of my sons good friends was an anastasiologist at the Royal Columbian here in LM. He used to come over lots during his childhood for sleep overs and games……

—————-

So, he took his tax-payer subsidized education and de-camped for the land of for-profit care. Despite an average income of $360,000+, and no overhead.

If it was just the cost of living that drove him out, he could’ve moved to Regina, like Garth suggests to all those who complain about COL in GTA/YVR.

—————-

What? Taxpayer-subsidized education? You must be kidding, right?

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

if he got his education in Canada it was heavily subsidized by the gov/taxpayer

#69 Sail away on 05.14.20 at 3:58 pm

#52 crowdedelevatorfartz on 05.14.20 at 3:06 pm
@#18 Sold out

“So, he took his tax-payer subsidized education and de-camped for the land of for-profit care. ”

————

Govt spent hundreds of thousands training the kid and when he graduated and was was ready to work….. No job openings in the public sector closed shop system that is Canadian Health care.,

So he AGAIN retrained on the govt dime…4 more years, graduated , ready to work….no work.

————

Am I missing a trick by paying for my kids to go to university?

Where is this taxpayer-subsidized medical schooling in Canada?

#70 Catalyst on 05.14.20 at 3:59 pm

We cannot return to normal until the CERB is cancelled. It has provided a pay raise to many Canadians and removed the incentive to work.

#71 Sail away on 05.14.20 at 4:00 pm

#62 Dolce Vita on 05.14.20 at 3:41 pm

Unlike the American Wild West of reopenings that I watch on NBC Nightly News…oh well, their country, they can do as they please…

glad I do not live in some of their States where “Give Me Liberty or Give Me Death” takes on a whole new meaning.

————–

Yes, true responsibility scares a lot of people.

#72 SimplyPut7 on 05.14.20 at 4:10 pm

Ontario starts Stage 1 on Tuesday, May 19,2020

No malls, no dining, no movies, no plays, no haircuts and no family visits. Kids stay home and employees continue to work from home if they are able to.

https://files.ontario.ca/mof-detailed-list-stage-1-openings-en-2020-05-14.pdf?fbclid=IwAR3jn73kmqEVoh4gN2mksWsFqrxUWW1A6R0D9RhmiJRaROubTzcOAOkStKM

#73 BillyBob on 05.14.20 at 4:23 pm

#70 Sail away on 05.14.20 at 4:00 pm
#62 Dolce Vita on 05.14.20 at 3:41 pm

Unlike the American Wild West of reopenings that I watch on NBC Nightly News…oh well, their country, they can do as they please…

glad I do not live in some of their States where “Give Me Liberty or Give Me Death” takes on a whole new meaning.

————–

Yes, true responsibility scares a lot of people.

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

Yes, the USA is truly a model of responsible leadership and citizenry during the pandemic. A shining example for the rest of the world.

As the numbers clearly indicate.

WE’RE NO. 1!

USA! USA! USA!

#74 Dolce Vita on 05.14.20 at 4:24 pm

#70 Sail away

It’s not the responsibility issue I shudder at Saliaway, it’s that there are no workplace rules from the top like we have here in Italia where it will be the same throughout the country.

You look at the reopenings and you know for certain they are making up as they go along. Like Georgia per NBC Nightly News a couple of nights ago, cases up 64% after reopening and that was 1 State where interviewing businesses you knew immediately they were winging it.

It’s bad policy. If cases shoot up during reopening they will lockdown like happened during the Spanish Flu, further delaying economic activity.

Notwithstanding, no before reopening agreed to rules by Unions, Business and Health Ministry agreement…they are asking for trouble as in more deaths.

Look what happened in Canada & the US at the Meat Packing Plants as a for instance.

That’s what I shudder about. Here, they can learn from Italia but as usual, what do we know?

#75 SunShowers on 05.14.20 at 4:26 pm

So Millennials got their lifetime earnings whacked by the 2008 meltdown, and now the Zoomers are getting theirs neutered by the coronavirus shutdown.

Anyone who thinks that our society is a meritocracy in any sense of the word is delusional. Financial success is largely a function of the year and circumstances of your birth.

Give it a rest. You were not born in 1895 or 1920 and sent to war. – Garth

#76 bullwinkle on 05.14.20 at 4:28 pm

#35, TurnerNation,

“Small hotels/motels along the 401 hwy a fair # of cars in their parking lots”.

Those adulterers haven’t been out in awhile.

#77 no blog for old men on 05.14.20 at 4:29 pm

@#62 Dolce Vita on 05.14.20 at 3:41 pm
Update:

Unlike the American Wild West of reopenings that I watch on NBC Nightly News…oh well, their country, they can do as they please…glad I do not live in some of their States where “Give Me Liberty or Give Me Death” takes on a whole new meaning.
////////////////////////////////////

so true. there are vast swaths of that country people should stay far far way from.

#78 no blog for old men on 05.14.20 at 4:32 pm

@#69 Catalyst on 05.14.20 at 3:59 pm
We cannot return to normal until the CERB is cancelled. It has provided a pay raise to many Canadians and removed the incentive to work.

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

you’d have to be a pretty big loser at life to be ok living off CERB. Doesn’t take a whole lot of effort to make good to damn good money in this country.

#79 crowdedelevatorfartz on 05.14.20 at 4:33 pm

@#68 Sail Away
“Where is this taxpayer-subsidized medical schooling in Canada?”
+++
His marks were high enough to qualify for scholarships and he signed an agreement with one Province to work in a rural area upon graduation for 5 years if they paid his tuition..
When he graduated they didnt have a job for him due to budget cuts. So they voided his contractual obligation which negated his tuition.

So , debt free and with high marks he looked around Canada and signed on with another Province to specialize in Heart Surgery ….his tuition was paid if he agreed to work in a smaller,undesirable city for 5 years….

When he graduated, once again, no job posting. So they wiped his tuition/work obligations clean….

The US loves Canadian taxpayers……

#80 active on 05.14.20 at 4:33 pm

The Wages of Fear (1953) – great movie…check it out!

#81 happygolucky on 05.14.20 at 4:38 pm

Garth “worrisome”, used during this crisis is picking up again…
Seems like more and more people talk, and are concerned, and some worry about our freedoms, and personal liberties being limited or taken away bit by bit in this trial and experiment called Covid-19, ignore my sarcasm.
Are we drifting to the left, somebody used communism of former Eastern Block as analogy, this might be worst, there was resistance from day one and more or less till the fall of Berlin Wall, and none here. Generally, I don’t like using analogy of this type as they are to far removed from realities of present times, so I would dismiss notion of “socialism”, we have a different syndrome though…
Almost overnight, and effortlessly society and communities were transformed into mask and glove wearing “docilians”, “GMO” in a flash.
Doctors run economy, and politicians engage in quackery.
Covid – 19 undisputed winner and champ, mother of all fake news, political correctness and distortions. Amazing virus!
Shall we confront it, or just bang pots and pans…

#82 Dolce Vita on 05.14.20 at 4:41 pm

#66 TheDood

The plane loads of Swiss I have flown to/from Italia with as I was enroute from/to other EU locals via Zurich are not all that svelte like you say. Nor are they in Geneva or Bern.

Only airport in the EU, Zurich, where Swiss “Mini-Hoagies” cost over €10 with black lettuce leaves, as in well past their prime and when you tell them that, they do not care.

Maybe that’s why some of them are thin…self-preservation. And, why they eat and drink like there is no tomorrow when they come to Italia.

#83 Viorelli on 05.14.20 at 4:48 pm

#68. Sail away

Exactly, the parents paid for most of his medical school with their after tax savings, he also had some loans which he fully paid off prior to leaving the country. He finished his internship in Vancouver and worked full time for 2 and a half years before making his decision to leave. He realized that he is in the highest tax bracket in this country, very high cost of living in Vancouver. Cost to purchase a similar house in Vancouver was well over 3 million dollars in a decent neighborhood even at that time. I think he was spending $2400 per month alone on his daughter’s daycare, student loans, rent, 2 cars, I CBC, gas, the list goes on and on. According to him he is able to save lots more money in NV, cheaper groceries, gas, services, his medical is covered under employment, he has a good lifestyle, which would be much, much harder to achieve in Vancouver. Since then, the properties in Vancouver had drastically increased in price, our dollar is diving as we speak, been to grocery store lately or bought one year auto insurance through ICBC for a Corvette? It’s less than half in NV just for an auto insurance and gas! Yes, the climate can be tough sometimes and you will need an AC in the summer, but nothing in life is without sacrifice!

#84 Ryan on 05.14.20 at 4:48 pm

I kind of chuckled when the Gen Z’ers behind the Millenials such as my self will be looking at us in envy….. I googled the average OSAP debt today $27,929, which is actually, only $2,000 more than when I graduated in 2007. Except, then they paid an engineer about $40k to start, now we pay $70k. They shouldn’t be envious….. Also, hopefully they don’t have the house lust as half my generation did.

#85 AlMac on 05.14.20 at 4:53 pm

#59 Facts

In an interview yesterday, the former PBO, Kevin Page, did not seem too fussed about a $1T debt. On a debt to GDP ratio, yes, you have to go back to year 2000, thus losing progress made since then in that regard. But the low interest rates mean servicing the debt load is relatively low.

What negative impacts this has on the short and medium-term remains to be seen, but perhaps it will not be as bad as some seem to think.

#86 Toronto_CA on 05.14.20 at 4:54 pm

#34 Faron on 05.14.20 at 2:18 pm
One last post for the day. Promise.

CONGRATULATIONS SWEDEN!!!!

______

God you’re exhausting. Please do stay away for once, and stop telling everyone you’re not coming back but then returning every day to make insipid, trollish comments.

1) Sweden didn’t lockdown and preserved their civil liberties. I know you don’t value those at all, but most people do or did at some point. Enough to fight wars to preserve them. It is a big deal to be told you can’t get married, you can’t visit your best friend, you can’t go to your place of worship, and you can’t keep your business open.

2) We are WAY too soon to take comparisons on covid deaths among countries. In the USA, every death the government has given hospitals incentives to label as Corona regardless of cause. Co-morbidities (people dying WITH corona they caught in a hospital while dying of something else) is a real thing. The data is imperfect at best, and not comparable. Lots of people are warning against comparing data. We need to see excess death data over a long period before you can compare one country’s covid response to another. Right now, we know nothing.

3) The story on the economy is far from over. Everyone is going to get screwed economically from the lockdowns, including Sweden of course. We’re a global economy and they introduced social distancing and the population was afraid to go out just like everyone else. However, they maintained commerce while other nations shut down many industries completely. It stands to reason that their recovery will be that much faster, and their recession that less deep. Time will tell. Way too early to call anything yet.

4) The models you refer to have all been wrong at worst, unproven at best. Because the data is not clean.

5) Sweden is one of the least at risk of a “second wave” in the world as they never fully tried to shut down. *I* don’t think a second wave is going to happen anywhere, but if I’m wrong that will destroy economies even more. Sweden is nearly immune to that risk. Time will tell.

Sweden didn’t lock down and didn’t overwhelm their health care. They have 3,500 deaths of people who tested postive for Covid, out of 10,200,00. For that they got to avoid at least some of the massive damage to the economy, civil liberties, mental and physical health caused by the lockdowns. A victory to me.

Particularly if a second wave risk is real. We need a lot more time and better data (mass antibodies testing!) to make any statements definitively.

#87 Stone on 05.14.20 at 5:03 pm

#53 baloney Sandwitch on 05.14.20 at 3:07 pm
Warren Buffett has sold all his airlines stocks. Now it appears he selling his banks. https://www.barrons.com/articles/warren-buffetts-berkshire-hathaway-sold-a-big-bank-stock-this-week-51589404932
Not sure what the old man is up to but he is the best investor alive by a long shot, and if he is scared who are we. I hope he got a haircut. He looked terrible last week.
Druckenmiller and David Tepper (big shot hedge fund guys) say they are out and market very expensive. Meanwhile, markets bouncing around like a bloody ping pong ball.

———

Maybe Buffett’s time has come to crap out.

Sell low, buy high?

#88 Linda on 05.14.20 at 5:07 pm

So some price drop but nothing too severe as yet. Number of sales seem geared to actual affordability, with condos being the least expensive & thus having the greatest number of sales. One wonders how many of those condo sales were driven by speculators dumping properties while the going was good.

#89 Genesis II on 05.14.20 at 5:10 pm

#11 Sail away on 05.14.20 at 1:10 pm

#4 Viorelli on 05.14.20 at 12:53 pm

One of my sons good friends was an anastasiologist at the Royal Columbian here in LM.

————–

Hadn’t heard of that profession. What does he do? Study people named Anastasia?
————–
Should read: Euthanasiologist?

#90 Toronto_CA on 05.14.20 at 5:10 pm

https://www.thesun.co.uk/news/11621995/brits-already-had-coronavirus-no-symptoms/

I loathe to post anything from the Sun, but a study from University of Manchester reported in it today says 1 in 3 may have already had the virus by mid April.

If true, we’ve destroyed the economy here for nothing because the virus is everywhere (that’s 20+ million in the UK alone with it, and hospitals are empty with emergency hospitals closed down for lack of patients to treat).

Just another set of models and data that are just as valid as the data that says we need to lock everyone up until the end of time (sorry when a vaccine is found). I don’t know if it’s right, but no one can prove it’s wrong either. A valid reason to question the authority of the government to fine or jail people for living their life normally.

#91 God on 05.14.20 at 5:15 pm

#74 SunShowers on 05.14.20 at 4:26 pm
So Millennials got their lifetime earnings whacked by the 2008 meltdown, and now the Zoomers are getting theirs neutered by the coronavirus shutdown.

Anyone who thinks that our society is a meritocracy in any sense of the word is delusional. Financial success is largely a function of the year and circumstances of your birth.

———

God helps those who help themselves.

#92 Sold Out on 05.14.20 at 5:15 pm

#68 Sail away on 05.14.20 at 3:58 pm
#52 crowdedelevatorfartz on 05.14.20 at 3:06 pm
@#18 Sold out

“So, he took his tax-payer subsidized education and de-camped for the land of for-profit care. ”

————

Govt spent hundreds of thousands training the kid and when he graduated and was was ready to work….. No job openings in the public sector closed shop system that is Canadian Health care.,

So he AGAIN retrained on the govt dime…4 more years, graduated , ready to work….no work.

————

Am I missing a trick by paying for my kids to go to university?

Where is this taxpayer-subsidized medical schooling in Canada?

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

See the link below for U of T med school tuition paid by international and domestic students.

International students pay 4x as much, which would reflect actual cost of tuition. Undergrad degree would be the same differential.

https://md.utoronto.ca/current-fees

#93 SOMETHINGS UP!! on 05.14.20 at 5:16 pm

And the Zers get to enjoy the fruits of the labor of all generations before them that worked their tale off to build the physical infrastructure of this country.

The debt is just make believe fiat currency. Who cares – cancel it.

So SCREW them Zers!!!!

They’ll all be using BITCOIN anyhow.

#94 CL on 05.14.20 at 5:17 pm

Sorry Garth. You’re a smart guy and what you write in your blogs is good and accurate. However, I don’t see the hardship. Maybe it’s too soon but I just don’t see it. People out spending, driving, workers still giving crap Canadian service at retail stores. Nobody I see or encounter is concerned.

It’s a weird world. It’s like people and businesses don’t need to make money to eat. There’s no urgency to work or generate revenues. Businesses saying they don’t want to open….huh??? Then don’t, but I’ll be at your liquidation auction. People saying they don’t want to work? Ok, don’t. Enjoy eating dirt.

Strange days and days I never even thought I’d see.

#95 CERB on 05.14.20 at 5:19 pm

#77 no blog for old men on 05.14.20 at 4:32 pm

@#69 Catalyst on 05.14.20 at 3:59 pm
We cannot return to normal until the CERB is cancelled. It has provided a pay raise to many Canadians and removed the incentive to work.

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

you’d have to be a pretty big loser at life to be ok living off CERB. Doesn’t take a whole lot of effort to make good to damn good money in this country.

——————————————–

Catalyst has a point. I work in a medical office that reopened this week. I asked one of the front desk workers when the other 2 part time staff were starting work again. She said they weren’t planning to since they made more on CERB sitting at home than working part time. They may get an ultimatum to either come back to work or have their failure to show up for work as a sign they are officially quitting.

#96 Old millennial on 05.14.20 at 5:21 pm

The difference between many Canadians and this expat is proximity to family. I’m not afraid for my own personal safety but I’d rather see my family including older relatives than dine out.

#97 BrianT on 05.14.20 at 5:27 pm

The Wages of Fear was a great movie but the remake-Sorcerer-was even better-not too often that the remake surpasses the original.

#98 Trojan House on 05.14.20 at 5:33 pm

I wonder how you pronounce ‘Zers?’ Is it Zee-ers or Zed-ers?

#99 cramar on 05.14.20 at 5:36 pm

#53 baloney Sandwitch on 05.14.20 at 3:07 pm

Warren Buffett has sold all his airlines stocks. Now it appears he selling his banks. https://www.barrons.com/articles/warren-buffetts-berkshire-hathaway-sold-a-big-bank-stock-this-week-51589404932

Not sure what the old man is up to but he is the best investor alive by a long shot, and if he is scared who are we. I hope he got a haircut. He looked terrible last week.

Druckenmiller and David Tepper (big shot hedge fund guys) say they are out and market very expensive. Meanwhile, markets bouncing around like a bloody ping pong ball.

——————————-

On the surface, it looks like Buffett is dumping bank stocks. Checking your link, it says he dumped a half million shares and now is below owning 10%.

Big deal! What is all the fuss over? This U.S. Bancorp stock was a tiny holding in the B-H portfolio anyway. B-H before the pandemic held 925 million shares of Bank of America (13.5% of B-H’s portfolio). Buffett is BOA’s largest shareholder. If he was dumping that I’d be worried. So what’s the fuss?

He also owned 323 million shares of Wells-Fargo. I could never understand why he didn’t sell it long ago, but haven’t heard that he is even now.

I’m not surprise that some fund guys think the market is too expense. I read the other day that based on projected earnings, the market is more expensive than ever. There is a total disconnect between the market and the economy, maybe even with reality. What do investors know about the future that everyone else doesn’t to justify rising prices? I dunno, but it will be interesting to see if investors are right, or smokin’ weed!

#100 Freedom 57 (I was a slow Learner) on 05.14.20 at 5:39 pm

To all the Boomers out there, remember the famous book by author Stephan Pollan titled “Die Broke”.
It is every Boomers duty to die broke. The last cheque you write should be to the undertaker, and that cheque should bounce.
Don’t worry about giving an inheritance. Humans are resilient. Your kids will survive.
Have fun. Enjoy yourself. You’ve earned it.

#101 crowdedelevatorfartz on 05.14.20 at 5:40 pm

@#91 Sold out.
“International students pay 4x as much, which would reflect actual cost of tuition. ”

+++++
Foreign students have always paid exorbitant tuition fees.
I guess a degree from a recognized University is better than a Xeroxed one from the University of Manila.

Hence their willingness to pay.

I just wonder how they’re treated when they get back to Zimbabwe with a degree in “21st century basket weaving.”

Politically Correct Degree Factories spewing out theoretical drivel for a subservient demographic that requires a minimum Bachelors degree in Marketing or (god help us) Psychology to apply as a barista at Starbucks.

……Hopefully, if Covid comes back in the Fall with a vengeance, more closures, more students demanding refunds, ….there may be a lot less of these Diploma mills next Spring.

#102 Bob in Hamilton on 05.14.20 at 5:42 pm

“Let’s hope we know what we’re doing.”

That’s just it….we don’t.

#103 MaggieB on 05.14.20 at 5:42 pm

To #11 Sail Away

If you must keep correcting people’s spelling and grammar, maybe you should stop calling the virus Corvid. It’s Covid.
Then maybe we could all take you more seriously.

#104 Ponzius Pilatus on 05.14.20 at 5:47 pm

#10 Sail away on 05.14.20 at 1:07 pm
I have only one question for DT:

If you choose to live in Zurich, why don’t you learn the language?
————-
Which language ?

#105 Sail away on 05.14.20 at 5:51 pm

#72 BillyBob on 05.14.20 at 4:23 pm
#70 Sail away on 05.14.20 at 4:00 pm
#62 Dolce Vita on 05.14.20 at 3:41 pm

Re: Hair on fire. US opening up. CV 19 rates increase.

Here’s the thing:

1. This is not the Black Death
2. The virus is not particularly dangerous
3. Higher infection rates mean you caught the virus. Big deal. See #2.
4. It’s quite contagious. We may all catch it eventually. Bring it on.

Have some backbone, lots of people catch colds and flus. Quit being such wimps.

#106 NFN_NLN on 05.14.20 at 5:55 pm

Are polls like jury members?

Composed of people too stupid to avoid them?

I thought Canada was composed of spineless gits, but these poll numbers are outrageously sad.

#107 John in Mtl on 05.14.20 at 5:57 pm

Personally, I’m still very fit at beyond 60 and can still ruck 50 pounds up the mountain for a few hours so… when things reopen I’ll be the first in line to celebrate and encourage our local businesses. Cautious logical thinking & doing to avoid the virus is my game, so far it works. I sorely miss breakfasts & reading the papers at the restaurant; dinners with friends, concerts and general people-watching on busy downtown streets. This temporary “new normal” will never be normal to me.

#108 Ponzius Pilatus on 05.14.20 at 5:57 pm

#38 Howard on 05.14.20 at 2:32 pm
#10 Sail away on 05.14.20 at 1:07 pm
I have only one question for DT:

If you choose to live in Zurich, why don’t you learn the language?

———————————-

I agree. German isn’t even that hard, especially for native English speakers given the high percentage of cognates. Maybe he hasn’t been there very long.
——————
As a native German Speaker, I have to disagree.
Give some examples of cognates.
There are not too many.

#109 Reximus on 05.14.20 at 5:59 pm

leader of the free world says something

https://twitter.com/DrRobDavidson/status/1261030108149829638?s=20

#110 Sail away on 05.14.20 at 6:02 pm

#91 Sold Out on 05.14.20 at 5:15 pm
#68 Sail away on 05.14.20 at 3:58 pm
#52 crowdedelevatorfartz on 05.14.20 at 3:06 pm

Taxpayer-subsidized school?

————-

Am I missing a trick by paying for my kids to go to university?

Where is this taxpayer-subsidized medical schooling in Canada?

————-

See the link below for U of T med school tuition paid by international and domestic students.

International students pay 4x as much, which would reflect actual cost of tuition. Undergrad degree would be the same differential.

————-

Faulty logic. Every country in the world incentivizes residents/citizens to keep taxpayers happy.

Universities charge as much as internationals are willing to pay for a Western degree. Doesn’t reflect the actual cost- it’s a capitalistic thing.

And it goes both ways. I did far more expensive (than Canada) US undergrad/grad engineering degrees, subsidized if you will due to residency, and am now working here.

So in my case, Canada has gained vast expertise at the expense of the US.

For international students staying here to work? We nailed their families for tuition and now get their labour as well. Does that mean foreigners are funding our medical system?

#111 Sail away on 05.14.20 at 6:05 pm

#99 Sail away on 05.14.20 at 5:51 pm
#72 BillyBob on 05.14.20 at 4:23 pm
#70 Sail away on 05.14.20 at 4:00 pm
#62 Dolce Vita on 05.14.20 at 3:41 pm

Have some backbone, lots of people catch colds and flus. Quit being such wimps.

————–

A brave man dies but once. A coward dies a thousand times.

#112 Kilt on 05.14.20 at 6:09 pm

Does this guy remember the restaurants in Canada. Most are absolute shite. Lets see, you have fast food, which is crap. Then you have middle range food, which usually focuses on quantity not quality (think all you can eat sushi places). Once you get into fine dining it is hit or miss. Usually the best options Indian, Jamaican, Thai, Vietnamese.
I went out to a local steakhouse. Got a ribeye. It was $40. But then add in a drink. A shared desert. Tax and a tip and you are getting close to $70. Was it a nice environment? Not really. Great service? Not at all. And the food … I could do better at home. So, now I buy steaks for the family, cook em on the barbie, toss a salad and blend a smoothie all for less than one steak would cost me in a restaurant. And by being able to pick out my own steak at the butcher, I have a higher probability of not receiving a chewy one or overly fatty one.
This virus may be a great opportunity to weed out poorly run companies and restaurants. We just need to quit with the cash infusions and let things sort themselves out.

Kilt.

#113 Reximus on 05.14.20 at 6:17 pm

#33 Henry on 05.14.20 at 2:17 pm

On the restaurants in Canada though i would not ho there either. There’s more germs than nutrients and triple overpriced food sucks.

—–

no way this guy lives in Switzerland…I have never had worse quality/price food on earth than there

#114 Lost...but not leased on 05.14.20 at 6:22 pm

Au Contrarian view…

Most investments will tank…they are too interlocked and integrated in domino fashion.

Residential REAL Estate ?…….will take a hit but long term will hold more REAL value in the forthcoming hyperinflation.

#115 Moses on 05.14.20 at 6:24 pm

#98

I’m not surprise that some fund guys think the market is too expense. I read the other day that based on projected earnings, the market is more expensive than ever. There is a total disconnect between the market and the economy, maybe even with reality. What do investors know about the future that everyone else doesn’t to justify rising prices? I dunno, but it will be interesting to see if investors are right, or smokin’ weed!

(((((((((((((())))))))))))))))))))))))

The stock market isn’t expensive, it’s Overpriced. The current investor is Not right and know’s nothing about this market. They are sheep following and not knowing what is infront of them. The cliff is near, but their reality is far from it.

#116 Fused on 05.14.20 at 6:26 pm

#53
/www.msn.com/en-ca/news/world/images-of-fuller-flights-amid-covid-19-pandemic-renew-calls-for-federal-action/ar-BB144LXq?ocid=spartandhp

I think he may be wrong on the airline count, I made some good cash on AAL and still holding once the restrictions are lifted it will bounce even higher.
The same with CCL just look up their bookings, it is amazing the sales that were on because of all the covidiots selling their investments and hiding under the bed in fear and terror.
A great opportunity to buy and I did and will do so again if it happens again.
Just look at all the predictions made on this blog and how wrong they have been, inverse this blog comment section and you will be well off.

#117 Lost...but not leased on 05.14.20 at 6:30 pm

#53 baloney Sandwitch on 05.14.20 at 3:07 pm

Warren Buffett has sold all his airlines stocks. Now it appears he selling his banks. https://www.barrons.com/articles/warren-buffetts-berkshire-hathaway-sold-a-big-bank-stock-this-week-51589404932

Not sure what the old man is up to but he is the best investor alive by a long shot, and if he is scared who are we. I hope he got a haircut. He looked terrible last week.

Druckenmiller and David Tepper (big shot hedge fund guys) say they are out and market very expensive. Meanwhile, markets bouncing around like a bloody ping pong ball.

===============
Easily understood..

Buffet was told by Gates that he had an immortality vaccine…

Ole Warren is starting to cover his bets….just in case.
(That’s how he got rich..right??)

#118 Paul on 05.14.20 at 6:35 pm

Condo. rents shrinking

https://www.thestar.com/business/2020/05/13/luxury-condo-rental-market-feeling-effect-of-covid-19.html

#119 Nonplused on 05.14.20 at 6:46 pm

McDonald’s in the US has announced that they will be closing the soda fountains to public access, so it is back to having the drinks filled for you. I think next to go will be those filthy order screens. So that should open up a few new jobs as we come to realize that having the unwashed masses touching everything communally wasn’t such a good idea.

I mean, could you imagine a self-serve ice-cream shop? No thank you. But somehow we came to believe self serve soda was a good idea? And all we got for pouring it ourselves was a free refill if your eyeballs weren’t already floating.

————————

I’m not too worried about the millennials and “Z people” as you call them (certainly we can come up with a better name, I suggest “Mockingjays”) continuing the trend towards lower birth rates. The fact is the world has too many people and a trend towards lower birth rates is a good thing, unless you are an actuary at a pension fund. Having as many kids as you can may be a Dog given right but that doesn’t mean it is wise. Or fair.

If you really want the responsibility and expense of raising children, go right ahead, but you don’t owe it to the world. The world doesn’t care anymore. Growing populations no longer drive economic growth due to many of the things that be that have been discussed on this blog before like automation and AI. At this point more people simply means more government dependents. It can’t go on. A slow, reasonable decline in populations through a natural market driven decline in birth rates seems the most sensible and humane way forward.

Take my cousin for example, who has something like 17 children for religious reasons. I am not sure what the child benefit is but a quick search results in “$6,639 per child under age 6 and to $5,602 per child age 6 through 17”. I am not sure they all qualified at once but imagining they did and using $5,602/year we are looking at $95,000/year in potential payouts sponsored by you the taxpayer. And since having 17 kids pretty much guarantees they will all be raised in poverty, some of them are going to end up in jail. Is this what we want?

The population must decline and the Mockingjays are simply responding to market signals that indicate that.

#120 Sail away on 05.14.20 at 6:59 pm

#102 MaggieB on 05.14.20 at 5:42 pm

To #11 Sail Away

If you must keep correcting people’s spelling and grammar, maybe you should stop calling the virus Corvid. It’s Covid.

Then maybe we could all take you more seriously.

—————

Maggie, I am unfortunately unable to take the virus seriously, and therefore refer to it with a word that means a bird of the crow family.

#121 belly rubs on 05.14.20 at 7:00 pm

Well, a nanny state produces …. what?
Nobody is going anywhere until the Prime Minister leads the way.

Meanwhile, baby ducks are in the pond. Bees are in the trees. Grass is a foot taller than last week.

#122 Do we have all the facts on 05.14.20 at 7:00 pm

#:84 Almac

It would appear that Kevin Page is stuck in the now. A $1trillion debt might be manageable in the current low interest environment but increased foreign investment in Canada seems unlikely for the balance of 2020. Without foreign investment the Bank of Canada will have to continue the purchase of assets and increase the money supply to cover GOC deficits

A historical review of substantial increases in money supply by the Government of Canada is not a pleasant read. In most cases substantial increases in money supply was followed by inflation and an increase in interest rates in an attempt to curb inflation.

Louis Rasminsky as the Governor of the Bank of Canada was able to run a tight ship until a shift in foreign investment required asset acquisition by the Bank of Canada. These asset acquisitions increased the money supply and inflation took off like a wild fire. Does this start to sound familiar.

By 1980/81 the prime rate had approached 20% and debt servicing costs of the GOC inflated by 39% in 1981/82
Revenue from personal income tax increased from $19.8 billion in 1980/81 to $24.1 billion in 1981/82 (22%) to help cover these increased costs. Without a better handle on our financial future there is a very real possibility that inflation will emerge from the smoke.

The competition for capital to rebuild economies after the Covid 19 crisis could be fierce and our Prime Minister doesn’t seem to give a damn. I know it is different times but expanding a countries money supply without corresponding economic growth never ends well.

Led to

#123 Sail away on 05.14.20 at 7:04 pm

#103 Ponzius Pilatus on 05.14.20 at 5:47 pm
#10 Sail away on 05.14.20 at 1:07 pm

I have only one question for DT:

If you choose to live in Zurich, why don’t you learn the language?

———-

Which language ?

———-

The language of love… obviously

#124 crowdedelevatorfartz on 05.14.20 at 7:08 pm

@#110 Sail away
“A brave man dies but once. A coward dies a thousand times.”
++++

Does killing ourselves 10,000 times to end our reading of your posts count as extremely brave cowardice?

#125 crowdedelevatorfartz on 05.14.20 at 7:15 pm

@#122 Sailing Away
“The language of love… obviously”
++++
Pfffft. Love?
Other than Julie Andrews and the Von Trapp family….I dont think of Love when I think of Switzerland unless it involves chocolate and elevators……..

I knew that Switzerland had at least 3 official languages.
German, Italian and French ….The fourth ,Romansh, threw me for a loop when I googled it…..which begs the question……anyone out there know some vulgar Romansh swear words?
Switzerland also has one important unofficial language that the gold gnomes of Zurich speak….English…..The language of money……… and air traffic controllers.

#126 Uncle Charlie on 05.14.20 at 7:16 pm

#9 Faron

“And its funny when folks claim rationality then get sucked into the vortex of right wing conspiracy because the youtube (and Fox and Friends) talking heads make them feel righteous (emotion) and indignant (emotion) toward the people they hate (emotion) for some reason. The emotions are strong enough that they/you fail to question the speakers actual ability to gather data and speak meaningfully about the topics they go on and on about.”

Or, you could change ‘right wing conspiracy’ with ‘left wing conspiracy’ and replace ‘Fox and Friends’ with ‘CNN’ or ‘CNBC’ etc.

That would sum up to a ‘t’ what left supporters are like. But it doesn’t really matter IMO.

This left vs right thing is BS – just two wings of the same bird. All I see these days are people so embedded in their positions (left or right) that there’s no center anymore.

Whether you lean right (Fox, alternative media) or left (CNN, CNBC, CBC, etc), all these media channels are just echo chambers appealing to their specific target demographics and cheerleaders. The truth almost always lies somewhere in the middle. Or, in many cases (left or right), it’s total and complete propaganda/fake news. But go ahead and convince yourselves you’re right and everyone else is wrong. It’s what everyone is is doing. Might as well go with it if it makes you feel better.

#127 crowdedelevatorfartz on 05.14.20 at 7:20 pm

@#120 Belly Rubs
“Meanwhile, baby ducks are in the pond. Bees are in the trees.’

++++

And goats are on BC Ferries.
I was unloading from the 7pm at Tsawwassen last night and saw a couple frolicking in the grass lawn with a pet….. goat.

Sorry Garth, Couldnt get a pic for the blog…..driving and all that.

#128 John in Mtl on 05.14.20 at 7:21 pm

@ #118 Nonplused on 05.14.20 at 6:46 pm

“The population must decline…”

Totally agree, this is the problem right there. Birthrates should be capped, contraception should be easily available.

#129 Ed McNeil on 05.14.20 at 7:22 pm

Two cars in every garage and a chicken in every pot; life is good.

#130 Oakville Sucks` on 05.14.20 at 7:22 pm

“Let’s hope we know what we’re doing.”

Who the Liberals and Trudeau….LMAO… they’re all about a dog and pony show!

Canada is DOOOMED!

#131 Treasure Island CEO - Financier of Fight Island on 05.14.20 at 7:29 pm

BC has it all figured out. Since Cov rates are low and Cov idiots are high in BC, let’s host the entire NHL season/playoff in towns all over BC – Vancouver, Victoria, Kelowna, Prince George, Penticton, etc.

Gary Betman already negotiated a deal with Hulk Horgan to do so.

We can set up the NHL on fight Island, which is more safe. This Island used to be owned by Epstein.

One note on the supposed RE Crash – Not seeing any price discounts anywhere in BC. Jobs down, prices up. Go figure.

#132 crowdedelevatorfartz on 05.14.20 at 7:33 pm

@#127 John in Mtl
“Birthrates should be capped, contraception should be easily available.”
++++

Tis a shame you didnt live in China during the “one child” policy.
An excellent Netfix documentary on that egregious policy produced by an ex-pat chinese gal.

https://www.youtube.com/watch?v=RdkHA_-xryk

Truly frightening what the Communist govt did from 1980 until 2012 when they realized….. their population is rapidly aging with no one to replace them…..very eye opening.
And entire generation of kids that will never need to use the word “sister” or “brother”……….

#133 War Room Pandemic - EP 1,392,323 on 05.14.20 at 7:34 pm

I am your host Steve Bannon. We are now on 18,732 networks across the globe and as always I am working 23.75 hours per day to bring to you unbiased media coverage.

So, you don’t want to frighten the public, but you need to prepare for and assume that this is going to be a really serious problem.

We have to prepare for the worst. Always. Because if you don’t and the worst happens…

#134 Bill Grable on 05.14.20 at 7:35 pm

More than 13,000 businesses closed, about 90,000 people lost their jobs last month, and it’s taking a toll on Vancouver’s economy with a cost of about $27 billion.

During a press conference Thursday, Mayor Kennedy Stewart outlined the lastest plan on how the city will deal with the impacts of COVID-19 and what needs to be done to help.

Source: Citynews1130.com

#135 WEXIT on 05.14.20 at 7:36 pm

An hour ago, I was Looking for flights to Europe in July.

You have to live your life, and even been 60 plus, I will take my chances.

I am shocked at how meek and mild Canadians are, in letting the government tell them to stay home.

But been a Western Canadian we have more off a independent mindset.

#136 Out Of Work CEO, Will Travel on 05.14.20 at 7:37 pm

Regional bank PNC CEO expressed the opinion that the “window of opportunity to reopen the American economy is closing very soon”. Canada seems to be in a fog of confusion not preparing for any clear business opening as if the economy is able to wait without any insolvencies or job losses.

#137 WUL on 05.14.20 at 7:37 pm

I’ll be at a brew pub on Franklin Avenue in Ft. Mac within the hour. My favourite pretty and engaging servers will keep their distance, sadly [insert frowning emoticon here]. Ahead of the Stampede City by days. I’m grateful. Traffic picked up as though a switch was thrown today.

Cheers and my sincere best wishes Turner and Dawgs,

WUL

M64FloodDrenchedYMM

#138 Drill Baby Drill on 05.14.20 at 7:42 pm

All politicians have been hiding behind the white lab coats basing their decisions on “science”. This covid shutdown is a farce. We will regret this. The media has done a fantastic job of scarring everyone in order to get viewer and readerships.

#139 Faron on 05.14.20 at 7:44 pm

#85 Toronto_CA on 05.14.20 at 4:54 pm

I’m glad I’m tiring you out and that you diligently read my posts. Coming out of one-day retirement because I can’t help but be provoked by seeing lies (see section 2) propagated.

By the way, I state that I’m leaving as a way to ask permission of Garth or whomever reads this stuff to plow through yet another bible-length tirade on my part. I’ll be more direct in the future.

1) RE your civil liberties: The global community is asking us to make some sacrifices for the greater good. Never before have virtually all nations agreed that action is needed, and hopefully this will never have to happen again. In my opinion it takes a blind and selfish person to not be able to handle a request for a very small number of your activities to be constrained temporarily to support the global greater good. And maybe ask yourself why it is that when you perceive your liberties to be trampled you leap to some conspiratorial global cabal? What’s up with that?

2) This whole death coding thing is not based in any fact. Here’s a quote from the guy who originated the claim that hospitals receive more money from medicare for treating COVID patients:

“Jensen said he did not think that hospitals were intentionally misclassifying cases for financial reasons. But that’s how his comments have been widely interpreted and paraded on social media.”

Ask FactCheck’s conclusion: “Recent legislation pays hospitals higher Medicare rates for COVID-19 patients and treatment, but there is no evidence of fraudulent reporting.”

You are propagating a myth that the Trump-aligned want to be true so that Trump’s absolute failure to properly handle the US outbreak will somehow be overlooked. Trump repeatedly fires the smartest people around him in order to plant crony yes-men by his side. When you are leading a large and diverse population, maybe one would want contrary opinion and insight? Nope, not the stable genius.

And you know what else? Of course they get paid more! That there’s a provision for this is a good thing. If you ran a for-profit hospital you would be glad you can cover a little bit of the additional costs of treating COVID patients and loss of revenue from elective procedures. And, of course they get coded differently. Welcome to the US healthcare system where the coding tables are byzantinian at best so that the insurance companies can screw over as many patients and families as possible.

Your BS detector is broken. You think you are a bloodhound on the trail here, but you aren’t. Maybe focus on the major corps that are taking small business money. That’s a problem. Maybe go see what you can do to support the less well-off who are suffering in your community. That’s a problem. Global conspiracy? Fun to think about, but not the problem.

3) We mostly agree on the economic suckiness at our hands. I’d wager that stricter and therefore shorter lock down would have been easier on the economy. Japan says I’m wrong (no major lock down and they seem unscathed-ish). China says I’m right (extreme measures and they are getting back to work-ish). Regardless, it’s a global economy and a deeply interconnected world, thus the solution *had* to be radical and global.

4) Yeah, models can be wrong. For instance, at one point models had the US capping at 70,000 deaths. It’s 83,000 now and rising at a 1500 person per day clip. Actual is likely >100,000 with excess deaths analysis. *over two months* of intense infection, five if you are generous. Test results show a 2% infection rate, so multiply by 30 to get to 60% infection (admittedly very crude and a worse case scenario) and you get 3M deaths. Tell me that doesn’t matter.

Excess death numbers are out. Here in Canada they are down. Huzzah. Seriously, that’s awesome. Stockholm, up by 60% if I recall correctly and Sweden’s excess deaths are up overall. Some areas up by 4x normal. Here:

https://euromomo.eu/graphs-and-maps

or for access to many visualizations of these data:

https://ourworldindata.org/excess-mortality-covid

Interesting that last winter was a pretty nasty flu winter on top of all else. Maybe that’s a factor?

5) Agree. Time will tell. I’ve read that minimum infection rates have to reach 60% for herd immunity to occur and therefore help prevent a second wave. It’s doubtful that Sweden is there yet. But, as you say, we need more testing of antibodies and active cases.

#140 Bobby Bittman on 05.14.20 at 7:45 pm

Lately I’ve been using the find on page tool of my ipad to go through the Sail comments. Very entertaining. I think the lockdown is getting to him.

#141 Muttley O'Toole on 05.14.20 at 7:50 pm

O.K. Felix, let me take up your challenge.
I nearly replied to your post of a couple of days- ago, when I came to realise that you are in a cocoon without love.
Proof? Your fixation on cats.
Why? Because love in this situation is but a one way street.
The cat merely tolerates you and loves only itself, whereas with a dog it is a two way street.
In fact, in 95% of cases, (my theory) a dog loves you even more that you love him/her.
For confirmation, ask Garth.

#142 Cottagers STAY THE HELL AWAY! on 05.14.20 at 7:56 pm

The leading health expert in Toronto says it clearly –

https://www.cp24.com/news/de-villa-urges-toronto-residents-to-skip-the-cottage-this-long-weekend-1.4940106

Just.

Stay.

Home.

#143 crowdedelevatorfartz on 05.14.20 at 7:59 pm

@#134 Bill Grable
Mayor Kennedy Stewart
++++

Ahhh yes, Kennedy Stewart.
A political animal if there ever was one.
His resume shows he has his Masters in…what else….. Political Science.
Was the Federal MP in Burnaby North after Svend stole a ring.
Became the MP for Burnaby South when the Harper idiots cut the riding in half and jiggled the Burnaby North (working class, Simon Fraser University NDP stronghold) constituency to include…North Vancouver’s Deep Cove….a bastion of rich , waterfront property acerage…..in the hopes that enough wealthly people would vote Con……..The Liberals took the riding.

But Kennedy had “flown the coop” as it were and parachuted into the “new” Burnaby South riding ( which was actually the lower portion of Burnaby North hacked off by the Harper Cons).
Anywho.
Kennedy rode to victory on an NDP horse and his previous reputation.
Flash forward a few politically correct years and we have Jagmeet Singh as the “leader without a riding”…
No problem Jag.
Kennedy fell on his sword for the good of the party and offered up “his” riding.
Because…..Kennedy saw that Vancouver’s current Mayor Gregor “The Dim” was in the single digits in the polls…
Hmmmm.
A win win for Kennedy.
He hands his seat over to Jag and runs for Mayor.
If he loses the Mayor’s race he’s guaranteed a plum NDP post…..
Today?
Poor Mayor Stewart is riding a penniless mule called Vancouver.
Budget cuts are the order of the day.
And just as crime increases….what do the pc idiots at Vancouver Clowncil do?

https://www.citynews1130.com/2020/05/14/vancouver-council-cuts-police-budget-8-5-million/

Mayor Kennedy Stewart…..living proof that,
If you give the Devil a free horse….he’ll ride it straight to Hell.

#144 WUL on 05.14.20 at 8:03 pm

#12 Sold Out on 05.14.20 at 1:10 pm
Maybe this online learning experiment becomes the norm for uni students; it would have to be much less expensive to provide a university education via the internet.

tuition…tuition…tuition…

I spoke to my daughter about this. She just completed 1st year law. Tuition better be reduced. No buildings requiring heat and light. Reduced maintenance, custodian and security services. Professors can quit buying tweed sports jackets, pipes and tobacco.

I told her to start a movement. She’s a pint sized firebrand and meaner than her Ma. Look out.

WUL

M64FosteringFirebrands

#145 Kaleycat on 05.14.20 at 8:05 pm

#85 Toronto_CA

I worked in Sweden decades ago. When I asked about their high alcoholism rate relative to France, they informed me quite haughtily that Sweden did not have a higher level of alcoholism but rather, a better system of measurement and recording it than France.

I believe them and I think we will find the same thing with COVID-19 when the dust settles.

#146 Anxiety on 05.14.20 at 8:08 pm

Garth sir, when is it too late to consider buying a house to live in. We rent and are in mid 40s, 2 children 18, 14. Also if we don’t have a house how much “money” should we target to have for retirement. Thank you!!

#147 Jay on 05.14.20 at 8:14 pm

Problem is they won’t just open anything. It has to open with pointless restrictions and strict policies that completely defy logic and make the whole experience unpleasant and annoying. It no longer has anything to do protecting the public and instead has turned into a liability issue. The second they mandated a closure they took over full responsibility and now cant get out. Governments are too scared that an outbreak of even a few people might occur and then class action lawsuits starts (already happening at nursing homes and beef plants)
so it has to be a big rediculous game for the next year of government playing big brother taking over every single aspect of our lives. The days of personal responsibility and taking ownership for your own risk are gone.

Who wants to go to a restaurant and be treated like they have leprosy. The service industry is dead in Canada. How much of the GDP did that make up again?

#148 The Mom on 05.14.20 at 8:15 pm

“Kids entering the job world during a recession, we’re told, make on average 10% less than others. The income gap can last a decade, rendering student debt harder to pay while delaying marriage, kids and real estate.”

Oh, look…just like their Gen X parents. I graduated high school in 83, and got stuck in the trap above. I spent more than 10 years after college/university moving from region to region, trying to get ahead. Northern Ontario to southern Ontario to Toronto to BC, and finally back to multiple locations in northern Ontario. All for crap wages, usually multiple jobs just to make ends meet. BRUTAL way to live. Far from family support, broke as hell, no time or money to live. Turned 30 nursing my first child.

I do NOT wish that life of desperation on my 22 year old son, entering a Masters program in September. This is the first time since he was 12 that he does not have a job. Usually has two or three.

#149 Ponzius Pilatus on 05.14.20 at 8:19 pm

# 110 sailer

So in my case, Canada has gained vast expertise at the expense of the US.
——————
You have vast expertise in bragging.
We’re so lucky to have you.
I’m sure you make a great realtor.

#150 Ronaldo on 05.14.20 at 8:19 pm

#126 Uncle Charlie

I could not have said it better. The voice of reason and common sense. You hit it right on the nose.

#151 JohnAB on 05.14.20 at 8:23 pm

Detached house in TO is on avg 1.9 mil? Wow!

#152 Anxiety on 05.14.20 at 8:23 pm

Sir, you have mentioned real estate reset in a recent post. Did you mean it will reset to normal income to price ratio or to some year ?

#153 Phylis on 05.14.20 at 8:24 pm

Pandemic living space for worried people now available.

https://www.aliexpress.com/item/1000007959387.html?spm=a2g0o.productlist.0.0.6d834c68viCQpr&algo_pvid=94811738-5b3f-4793-b9c1-3fe992f9dc42&algo_expid=94811738-5b3f-4793-b9c1-3fe992f9dc42-3&btsid=0ab6f82215895020210015941e1cb1&ws_ab_test=searchweb0_0,searchweb201602_,searchweb201603_

#154 Ponzius Pilatus on 05.14.20 at 8:27 pm

#125 crowdedelevatorfartz on 05.14.20 at 7:15 pm
@#122 Sailing Away
“The language of love… obviously”
++++
Pfffft. Love?
Other than Julie Andrews and the Von Trapp family….I dont think of Love when I think of Switzerland unless it involves chocolate and elevators……..

I knew that Switzerland had at least 3 official languages.
German, Italian and French ….The fourth ,Romansh, threw me for a loop when I googled it…..which begs the question……anyone out there know some vulgar Romansh swear words?
Switzerland also has one important unofficial language that the gold gnomes of Zurich speak….English…..The language of money……… and air traffic controllers.
——————–
The Sound of Music as filmed in Salzburg, Austria.

#155 Millennial Realist on 05.14.20 at 8:27 pm

Hey Boomer Cons – want to help rearrange the deck chairs on the Titanic?

Then tomorrow is for you – it’s the deadline to register so you can vote for the next CPC leader. And your choices are so awesome!

(All you have to do is have a pulse and fail an IQ test, apparently, and then you’re a qualified Conservative voter)

https://www.cbc.ca/news/politics/conservative-leadership-mackay-otoole-lewis-sloan-scheer-1.5569808

#156 Ronaldo on 05.14.20 at 8:32 pm

#137 WUL

Saw the same thing here in Nanaimo today WUL. Young people out in droves (no distancing going on there) except for the older folks. Was so refreshing to see them laughing and enjoying themselves as they stood outside Booster Juice waiting to go in (one at a time). Saw a lot of quite elderly people out and about too, some escorted by younger persons. Maybe things not going to be so bad after all. There was 1 case today, the first since May the 8th which makes a total of 126 active or resolved. Pretty minor considering this virus has been around since beginning of the year.

#157 TurnerNation on 05.14.20 at 8:37 pm

#72 SimplyPut7 quite scary how the government can control the lives of 7 billion healthy people down to the letter. I mean if you get one line wrong you’re going to jail. They won’t be giving up on this level of control, this is wartime and it’s on.
Shopping means waking down narrow lanes, pathways and chutes – like sheep on a farm – herded by employees. Masked and muzzled.

–I saw this elsewhere…a little long but worthwhile:

What “Social Distancing”, and lockdowns ACTUALLY accomplish:

1. It prepares the populace for food shortages, with long lines to enter supermarkets, and other shopping areas.
2. It proves that mass social conditioning, and widespread behavior modification is possible, using fear as a distraction.
3. It divides and isolates the populace, and makes people treat each other with distrust and fear, and not band together.
4. It continues the process of attempting to condition the populace to associate being in public places as being unpleasant.
5. It makes shopping for groceries a pain, encouraging people to shop online, and stay home, and under control.
6. It will turn our schools into something resembling prison camps, with the announced plans for them that will be enacted AFTER the lockdowns.
7. It limits the information you can receive, or verify, thus making you more dependent on official sources, or those in charge of doling out the information, and their narratives.
8. It reveals the hypocrisy of those enacting, or enforcing these policies, as they fail to follow their own guidelines. They are after all, more important than you.
9. It sets a nearly impenetrable barrier in place for those who see through the charade to remove, because they will be seen as “selfish”, “uncaring”, etc.
10. It removes the burden of PROOF that would be required for any other endeavor of its magnitude, as fear, suspicion, and social pressure will substitute for proof.
In short, it’s mankind’s obedience training, for what comes next.

#158 Apocalypse2020 on 05.14.20 at 8:37 pm

Confluence of events is the wild card ahead.

https://www.cnn.com/2020/05/14/politics/us-china-military-pressure/index.html

#159 Fused on 05.14.20 at 8:41 pm

/www.reuters.com/article/us-usa-trade-china-taxes/trump-threatens-new-taxes-on-companies-that-make-goods-outside-united-states-idUSKBN22Q2HS?utm_
Watch how fast USA recovers, Canada meh not so much.
Short term SBUX calls, everyone wants their coffee, long term puts on ADHD manufacturers.
When parents who are now home schooling their children(boys) realize that they are normal and look into the damage the meds do to a developing brain/liver will be pulling their boys off the meds. Anti anxiety meds will drop too since kids are not in school and being constantly bullied by fellow students and staff. Win Win !

#160 Forward Thinking on 05.14.20 at 8:43 pm

Gentlemen, gentlemen… I can some it all up for you in two simple words that defy and rebuke all negative data and undeniable logic.

Forward thinking. You’re welcome.

#161 God on 05.14.20 at 8:46 pm

#135 WEXIT on 05.14.20 at 7:36 pm
An hour ago, I was Looking for flights to Europe in July.

You have to live your life, and even been 60 plus, I will take my chances.

I am shocked at how meek and mild Canadians are, in letting the government tell them to stay home.

But been a Western Canadian we have more off a independent mindset.

———

Blessed are the meek, for they shall inherit the earth.

#162 John in Mtl on 05.14.20 at 8:48 pm

@ #132 crowdedelevatorfartz on 05.14.20 at 7:33 pm

Yes I know about the “one child policy” china implemented in the 80’s. Overdoing it in one direction or another (extremes) is never a good thing.

#163 crowdedelevatorfartz on 05.14.20 at 8:50 pm

Who needs capitalism when you have socialists running the country into a “Utopia”

https://www.reuters.com/article/us-health-coronavirus-venezuela-food/as-lockdown-hurts-desperate-venezuelans-turn-to-cow-blood-soup-idUSKBN22Q2QE

I cant wait to see what PM Trudeau and Mr Butz have in mind to make us pay for all the billions in cash being handed out.

#164 David Pylyp on 05.14.20 at 8:52 pm

We priced it based on recent sales ( ie 60 days ago)

Showings are by Matterport Virtual Tour or IRL ( its Vacant)

https://qpmail.co/p/WjM5ujxH3oHDyPDqq

Where I was haughty in March to multiple offer, we shall see if it achieves asking in this Brave New World.

Buddy, Can you spare a grand?

David Pylyp
Toronto

#165 PetertheSeparatistfromCalgary on 05.14.20 at 8:54 pm

“Let’s hope we know what we’re doing.”

Nobody knows what they are doing!

We have not had anything like this since 1918 – 1919 and our economy, health care and standard of living have changed a lot since then.

FYI: The ongoing opioid epidemic lowered life expectancy in the US by 0.1 years. The 1918 – 1919 flu epidemic lowered it by about 12 years.

#166 Newcomer (orignal) on 05.14.20 at 9:01 pm

YVR-ZRH dude should take into account that only 17% of blog dogs would have gone to a restaurant before covid. They are mostly homebodies.

#167 45north on 05.14.20 at 9:10 pm

The Millennials are now boring, having reached the age of quiet career-driver angst and family-forming desperation. As they get busy turning into their parents and craving minivans, the next gen is getting whacked. The Zers are between 15 and 24 and since they hold a lot of jobs in a service sector which Covid has crashed, they’re getting an early taste of joblessness.

“The Zers are between 15 and 24” – my granddaughter is one of them.

One generation takes on the debt which another generation has to carry – it seems like a breach of trust. People between 15 and 24 are not politically active. They trust their parents to provide a rational safe place in which to grow up. To be fair, if the one generation didn’t take on the debt, the place would be a lot less rational and safe.

I see the stakes have been raised. We must get the economy going. We must order it to minimize medical risk. While managing the planet’s climate.

Let’s hope we know what we’re doing.

I don’t think we do. I especially don’t think Justin Trudeau knows what he’s doing – his latest mistake is to spend $600 million to confiscate guns from law abiding citizens. I don’t own guns. His mistake adds to the debt. Worse, it subtracts from the social capital.

#168 1255 on 05.14.20 at 9:21 pm

So the Swiss dude is not worried about catching the virus?

Well he should be. That thing is nasty – leaving permanent damage to those who recover.

#169 Ustabe on 05.14.20 at 9:26 pm

#126 Uncle Charlie on 05.14.20 at 7:16 pm

You raise some valid observations in your post, allow me to expand:

I’m of an age when anyone being left or right really didn’t matter…we were all Canadians. I recall a Progressive Conservative party in opposition voting with a minority Liberal government on implementing Medicare which had been promoted by the CCF (now NDP) because it was simply good for the country, for the people in it.

Now I find the issues are all politicized. The trouble with that is both the far right and the far left at some point stop being able to absorb any new info once they receive their talking points from the preferred source.

This is a medical issue that has been politicized, the misinformation willingly posted on here becomes true because it simply is repeated so often that it must be. eh?

New information is being ignored because it doesn’t fit the narrative….like young men and women in their 20s, 30s, 40s developing aneurysms and other thrombosis at way too young an age for that stuff. I read a harrowing post by a surgeon as he described suctioning a clot out of an otherwise healthy patient albeit with Covid and the clot re-forming as fast as he could suction.

Children developing lung deficiencies, Google Covid toes, look up the constantly updated Financial Post graphs of five year running death rates vs 2020 death rates around the world…all up by huge factors. Hundreds of percent in all too many cases.

Sweden? Highest per capita death rate of all Nordic countries, ranking very high, per capita, in the world ranking yet it is held out as how we should have done things.?

Texas opened up last week or so…curve immediately rose and they are averaging 1,000 new cases per day now.

But none of that fits the right’s narrative for now…so not discussed. Try and discuss it and FAKE NEWS is the go to retort or, in my case calling me a libtard despite my decades long card carrying paid up PC membership, on the payroll both Federally and Provincially for multiple election campaigns…never mind my version of conservatism resonating with more than 30% of Canadian voters…tell me anything of value MacKay has come up with on this subject…Scheer? Harper? Anyone?

I used to tell any employee who pushed back against method, policy, whatever to either lead, prove it to me or get out of the way. Don’t see anything from the right in Canada or on this blog other than whinging and dissemination of partial or even false information.

Lots of fragile hidden behind bombast and argument, not much leading.

#170 TRON on 05.14.20 at 9:40 pm

Not sure if this has been mentioned and it’s old news but I just had a look at apartment rentals in the Lower Mainland and honestly was surprised because I had heard the market had few accommodations.

Just for the city of Vancouver here’s what I saw available either now or the first of June:

3 bedroom – 258 listings
2 bedroom – 2,216 listings
1 bedroom – 2,576 listings

My guess is that many were Airbnb because they were furnished however still looking for minimum one year leases. The prices are still high IMO but with this much supply I’m guessing they may come down in price over the next few months.

#171 ImGonnaBeSick on 05.14.20 at 9:50 pm

#66 Ace Goodheart on 05.14.20 at 3:55 pm
Big baby boom coming in Dec 2020, Jan 2021 according to info from those in the know.

Seems there was not a lot to do during the last half of March and all of April, what with being locked indoors with your spouse and social distancing and all.

What will we call this massive generation of babies?

The virus-boomers? COVID-babies? The viral generation.
——–

Quaranteens

#172 Barb on 05.14.20 at 9:52 pm

#31 Lambchop on 05.14.20 at 2:13 pm

Trudeau would like us all to “buy Canadian”

—————————————————

Garth said all Canada has are rocks and trees.
Doubt that’s changed.

#173 crowdedelevatorfartz on 05.14.20 at 10:04 pm

@#155 Millenial Realist
“All you have to do is have a pulse and fail an IQ test)

+++

Ahahahaha good one.
I embrace my dubious Conservative IQ.

#174 ImGonnaBeSick on 05.14.20 at 10:05 pm

#155 Millennial Realist on 05.14.20 at 8:27 pm
Hey Boomer Cons – want to help rearrange the deck chairs on the Titanic?

Then tomorrow is for you – it’s the deadline to register so you can vote for the next CPC leader. And your choices are so awesome!

(All you have to do is have a pulse and fail an IQ test, apparently, and then you’re a qualified Conservative voter)

https://www.cbc.ca/news/politics/conservative-leadership-mackay-otoole-lewis-sloan-scheer-1.5569808

—-

So.. a lawyer who is also a pedigree politician, a decorated military officer turned lawyer, a lawyer who is a partner for a firm that specializes in international contracts and commerical litigation, or a business owner who became a lawyer… No you’re right, our drama teacher is much more qualified… You are an absolute idiot…

#175 Drinking on 05.14.20 at 10:08 pm

Hell no; cannot wait for my favorite pub to open so that I can enjoy chicken wings and a beer or my favorite restaurant where we can dine with good wine and an incredible meal. Live life; there will never be a cure for Corona.

#176 Sold Out on 05.14.20 at 10:13 pm

#120 Sail away on 05.14.20 at 6:59 pm
#102 MaggieB on 05.14.20 at 5:42 pm

To #11 Sail Away

If you must keep correcting people’s spelling and grammar, maybe you should stop calling the virus Corvid. It’s Covid.

Then maybe we could all take you more seriously.

—————

Maggie, I am unfortunately unable to take the virus seriously, and therefore refer to it with a word that means a bird of the crow family.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Wow, what a coincidence! I can’t take you seriously either, so henceforth will refer to you as a bird – Cuckoo. (Haha, auto-fill suggested “Cuckold”)

#177 Ignorance Is Bliss on 05.14.20 at 10:20 pm

#12 Sold Out
#56 NewWest
#144 WUL

Online learning has been an option already – not at every university and not for every program, though. The pandemic just brings it more into the mainstream. But university has always been about more than just the education…..it’s the whole experience of being away from home, meeting new friends, hoping to get a cool roommate, enjoying frosh week and other student events and parties. Yup, kids don’t exactly get stoked for online learning by comparison.

Why would you choose one school over another with online learning? As always, you’re basically paying for that piece of paper. You want your degree to be from the most respected institution. (By the way, degrees are worded exactly the same whether achieved online or on campus….no differentiation.)

As for a reduction in tuition, it’ll never happen. The schools don’t want to set a precedent for that. Yes, they’ll have some decrease in costs but they’ll also have increased costs as far as student tech support, online instructional designers and support for those tech-challenged profs.

#178 the Jaguar on 05.14.20 at 10:21 pm

For serious people, the link below is a hot off the press and timely interview with Art Berman about the future of oil in the current pandemic, etc. I love this guy, perhaps because he has such arresting eyes. A good listen, but particularly at about 37:00 when the discussion turns to low oil demand and the impact on refineries, diesel fuel, what’s actually involved in shutting in a well. I also find the analysis of price of oil versus price/value to society and price as it relates to GDP very interesting. Also at about 52:00 one can hear why heavy oil such as the type produced in places like Canada and Venezuela is so important to the US and world economy. The prospect of nationalization of the industry is also discussed. What incredible mayhem this pandemic will cause. Note the importance of diesel fuel for industrial farming and in so many other applications.

Elizabeth May and Yves-François Blanchet: This wouldn’t be your ‘cup of tea’. The two of you can just go back to your cheese doodles, Netflix and other internet porn if so desired. Here is the link for those who are interested and open minded:

https://kunstler.com/podcast/kunstlercast-329-chatting-with-art-berman-about-trouble-in-the-oil-patch/#more-12394

#179 PastThePeak on 05.14.20 at 10:22 pm

Really good Joe Rogen podcast video on how an aging senior citizen easily beat CV19, and that the whole thing is overrated.

https://www.youtube.com/watch?v=IgEUsIIhl0A

#180 no blog for old men on 05.14.20 at 10:28 pm

@#155 Millennial Realist on 05.14.20 at 8:27 pm
Hey Boomer Cons – want to help rearrange the deck chairs on the Titanic?

Then tomorrow is for you – it’s the deadline to register so you can vote for the next CPC leader. And your choices are so awesome!

(All you have to do is have a pulse and fail an IQ test, apparently, and then you’re a qualified Conservative voter)

https://www.cbc.ca/news/politics/conservative-leadership-mackay-otoole-lewis-sloan-scheer-1.5569808
//////////////////////////

lol, the vast majority of the posters on here must be card carrying conservatives already

#181 A J on 05.14.20 at 10:42 pm

I don’t care what this random person says. Why should I? I don’t want to risk killing my elderly Mom. Keep your snarky judgements to yourself. You do you. I’ll do me.

#182 Sold Out on 05.14.20 at 10:46 pm

#144 WUL on 05.14.20 at 8:03 pm
#12 Sold Out on 05.14.20 at 1:10 pm
Maybe this online learning experiment becomes the norm for uni students; it would have to be much less expensive to provide a university education via the internet.

tuition…tuition…tuition…

I spoke to my daughter about this. She just completed 1st year law. Tuition better be reduced. No buildings requiring heat and light. Reduced maintenance, custodian and security services. Professors can quit buying tweed sports jackets, pipes and tobacco.

I told her to start a movement. She’s a pint sized firebrand and meaner than her Ma. Look out.

WUL

M64FosteringFirebrands

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

So she’s successfully been scared to death face to face, now she can be worked and bored to death from afar.

#183 FYI on 05.14.20 at 10:50 pm

Wondering what some americans are doing with their covid emergency loans?

ATLANTA – A reality TV star in Atlanta used an emergency loan from the federal government to lease a Rolls Royce, make child support payments and purchase $85,000 worth of jewelry, authorities said Wednesday.

Fayne, 37, is the sole owner of transportation business Flame Trucking and in April he applied for a loan that the federal government was offering to small businesses decimated by the coronavirus pandemic, officials said. In his application, Fayne stated his business employed 107 employees with an an average monthly payroll of $1,490,200, the release said.

Fayne requested a Paycheck Protection Program loan for over $3 million and received a little over $2 million, officials said.

He used more than $1.5 million of the loan to purchase jewelry, including a Rolex Presidential watch and a 5.73 carat diamond ring, the release said. Fayne also leased a 2019 Rolls Royce Wraith and paid $40,000 in child support.

#184 Garth? on 05.14.20 at 11:11 pm

I realize you a hold guy, but things are changing are you not worried? Do you still think we will recover, maybe not next week or next month but maybe In a year? I know hard to forecast with what seems like every day is more bad news. And you’ve been posting lots of bad news about people not paying rent, Restaurants not opening, mortgage deferrals Empty office towers and a prime minister that goes on the air and gives away money, seems like to everyone. But to me it seems we are not coming out of this anytime soon and the structural damage may go on for years. Surely you must be rebalancing Your portfolio into some cash and maybe some gold? Or at least gold stocks?
Or are you still preferred share, bonds REITs and American stocks.
Thanks for posting
Kind regards.

#185 Cici on 05.14.20 at 11:11 pm

Tonight’s post is a joke. The COVID-19 expert is some testosterone-stoked dude with lots of stoic bravado who somehow knows more than world-leading health and medical experts?

No thanks, I think I’ll trust the WHO and the experts at the provincial health institute. And the politicians who are seriously working overtime right now trying to get things back up and running without letting this virus spiral out of control, which would cause even greater and more prolonged economic havoc and devastation.

I’m sure those of you living in provinces with two registered cases of the virus are feeling much more confident than those of us living in the hardest-hit province, which also ranks seventh in the world right now.

As for the «low level of risk » your resident « expert » is espousing, the only advice I have to readers is to be very careful who you trust because community spread is a very real thing, and every day on the ground here more and more people are testing positive that way.

And for those of you who think you’re invincible, that’s fine and I hope you are. But try to respect other people by keeping a safe distance and easing up on the bully tactics.

#186 IHCTD9 on 05.14.20 at 11:24 pm

#29 Tater on 05.14.20 at 2:07 pm

Sure. One guy the height and weight of Lebron James, but he looks skinny. The other, carrying as much muscle (allegedly) as pro-bodybuilders (who are chemically enhanced).

Do they ride around town on their matching unicorns?
— —

Heh, I guess you must be a smaller dude. None of this is hard to believe at all.

James is 6’-9” but weighs only 250 lbs. That’s super skinny. He’s 100% ectomorph.

A 6’-9” ripped like James mesomorph is around 300 lbs. Like Sidney Raymond Eudy.

A 6’-9” ripped like James beast endomorph is 450 lbs or so, like Hafthor Bjornsson.

The volleyball dude is quite a bit bigger than James overall, more muscle too. That’s where most of the extra 30lbs is. The Scot dude is just a natural beast, I never said he was ripped.

There are guys bigger than James all over the freaking place. Just regular dudes between 6’-0” and 6’-5” meso’s and endo’s.

#187 Ronaldo on 05.14.20 at 11:37 pm

The Millennial question: Listen at your own risk Millie.

https://www.youtube.com/watch?reload=9&v=vudaAYx2IcE

#188 Janis Markham on 05.14.20 at 11:47 pm

No Mr Trudeau, you cant just lie because the truth is embarrassing.

Trudeau said today that ‘stopping any checks on CERB fraud “ would have stopped all pmts. His own department only complains of fraud that was staring them in the face, not that they would have to stop all pmts to apply a rigorous examination.

He said masks were racist. He said health checks were racist. He said stopping flights from China were racist. He snuck around his own rules and traveled under quarantine. He diverted China origin flights to secondary airports to hide them.

He has overseen the death of over 5000 Canadians while according to his foreign affairs minister “ We really want a seat on the security council non voting temporary table” , to fight Covid 19. He denied the Virus existed in Canada. He said it was unlikely anyone would get it. Why is it such a priority for the Security Council seat he pursued with billions spent years before the plague hit us?

No Mr Trudeau it’s not OK to lie.

#189 morey on 05.15.20 at 12:09 am

…a 2020 federal virus deficit that will reach towards $400 billion, according to a new Macquarie report. Every day the economy stays shut, the burden grows.

Let’s hope we know what we’re doing.

What wold you have done different? You served in Government. What would have been your solution?

#190 Sheep and Media on 05.15.20 at 12:33 am

But every day I get more concerned we’re headed for a depression that will take the better part of the 2020s to recover from…because of the sheep and the media overplaying the risks for better ratings. Sigh.

Is this the same media that took the 600,000,000.00 Trudeau gave them last Fall only to blitz us, equally, with the same narrative of his vision of boarded up streets and meatless Wendy’s and pharmacies devoid of PPE’s?

Our politicians and corporations hammered us through our controlled media, into quiet frightened little mice who question nothing, and therefore know nothing, and look at each other as we pass on the street, and wonder if the next person is as smart or as chicken shit as they are?

There is a reason that world leaders don’t bother talking to Trudeau at conferences because they know what the Americans have long known, that Canada is the silly name of a nation of people who don’t stand for anything, not worth talking to and are simply easy targets for snake oil and tranquilizers and therefore just ignore them as they are delusional anyway. Just get what money they have before they realize that they really don’t have an economy or a real value set.

#191 Sheep and Media on 05.15.20 at 12:34 am

But every day I get more concerned we’re headed for a depression that will take the better part of the 2020s to recover from…because of the sheep and the media overplaying the risks for better ratings. Sigh.

Is this the same media that took the 600,000,000.00 Trudeau gave them last Fall only to blitz us, equally, with the same narrative of his vision of boarded up streets and meatless Wendy’s and pharmacies devoid of PPE’s?

Our politicians and corporations hammered us through our controlled media, into quiet frightened little mice who question nothing, and therefore know nothing, and look at each other as we pass on the street, and wonder if the next person is as smart or as chicken shit as they are?

There is a reason that world leaders don’t bother talking to Trudeau at conferences because they know what the Americans have long known, that Canada is the silly name of a nation of people who don’t stand for anything, not worth talking to and are simply easy targets for snake oil and tranquilizers and therefore just ignore them as they are delusional anyway. Just get what money they have before they realize that they really don’t have an economy or a real value set.

#192 Nonplused on 05.15.20 at 12:44 am

#128 John in Mtl on 05.14.20 at 7:21 pm
@ #118 Nonplused on 05.14.20 at 6:46 pm

“The population must decline…”

Totally agree, this is the problem right there. Birthrates should be capped, contraception should be easily available.

——————-

I am not in favor of capping birthrates, and contraception is easily available. I think what we are seeing is that the “invisible hand” always provides better solutions than government. People are reacting naturally to the situation. Outside the third world that is, but they aren’t getting the right market signals just yet. It may come.

#193 Calgary on 05.15.20 at 12:56 am

https://www.youtube.com/watch?v=JSbT7JVNEU4#action=share

#194 VicPaul on 05.15.20 at 1:04 am

I knew when you showed up a while ago spewing four or five posts per night “tellin’ people what’s what” that you were a lefty.

#9 Faron

And its funny when folks claim rationality then get sucked into the vortex of right wing conspiracy because the youtube (and Fox and Friends) talking heads make them feel righteous (emotion) and indignant (emotion) toward the people they hate (emotion) for some reason. The emotions are strong enough that they/you fail to question the speakers actual ability to gather data and speak meaningfully about the topics they go on and on about.

*********
And its (sic) funny when folks claim rationality then get sucked into the vortex of left wing virtue-signaling because the youtube (sic)(CNN,MSNBC,HUFFPOST) talking heads make them feel righteous (emotion) and indignant (emotion) toward the people they hate (Trump) because you Lefties are on the right side of history, right?.
The emotions are strong enough that they/you fail to question the speakers(sic) (Anderson Pooper, Rachel Madcow) actual ability to gather data and speak meaningfully about the topics they go on and on about.
(you mean like “Russia Collusion”….flogged for a couple of YEARS…and nothin’). Not even the integrity to admit you/they were wrong…very wrong…just move on to another clown show of denigration of the PotUS.

Surely you/them, in your/their unbounded arrogance, don’t think you need to inform people of Trump’s narcissism, boorishness, tactlessness – that’s obvious. How about getting on point with some cooperative, helpful legislating – three years whining about the bully that took your office. Sheesh!

Need a job…I hear CNN is looking for a line-towing “journalist”….you’d fit right in.

M56BC

#195 VicPaul on 05.15.20 at 2:56 am

Yeah, ok….I reread my little diatribe…a bit harsh.

I don’t know…I hit the ball ok, but the wedge game was NOT on point – no darts, no birdies….flat stick did very little to help save my regular number of pars…

It was just….ah, nevermind.

#196 Bloke in Lincoln (UK) on 05.15.20 at 3:16 am

Garth:

“The Zers are between 15 and 24 and since they hold a lot of jobs in a service sector which Covid has crashed, they’re getting an early taste of joblessness.”

Just on a point of information (and forgive the pedantry), it’s not Covid-19 that crashed anything. It’s Government(s). The UK Government is playing the same semantic game as politicians line themselves up as heroic after this is all over. Don’t let ’em off the hook! Politicians did this; viruses have no agency.

#197 TurnerNation on 05.15.20 at 3:16 am

What the future holds for this country: Economy and Culture <<<<

Given the current trend. Ask yourself has any leader of yours anywhere in the country tried to challenge or change this? No.

– 'Distancing' is the greatest economic and cultural tool ever, to reduce demand in the economy and re-shape culture leading to more and more #stayhome – which is what you were told from day 1.
-You know it's for real when they canceled all Pro sports and cultural events, the last time this happened was during the last world war. Universities have agreed to go online only; campus life and culture was killed. Public assembly is banned.

– In the coming months many businesses and places like theatres, galleries and pubs, eateries – the very fabric of our culture – will close, forever.
– None can afford these months of being closed, the burn rates in cash. Employees prefer to #stayhome and collect CERB anyway. How to staff?
– Due to distancing the few surviving places will operate at reduced capacity. And hiring more staff for constant cleaning and directing of customers. The costs will be high if not un-sustainable on slim margins. They have turned these places into mini hospital wards with protective gear and cleaning.

– Tourism: The reduced capacity will also ensure few tourists come here. Why travel to line up and spend 6 feet apart, especially once the cold weather returns, which is much of the year here.
– Hotels closing, and add to this limited supply and cleaning requirements, a very high cost passe don to consumers.Ditto the airlines. Travel is being crimped, business travellers are leading the way.

– Tourists and locals alike will simply #stayhome.
– This event has always been about taking away our rights to travel, assemble. Only this time we will make that choice, things will become so difficult and expensive – the old life . There will be literally no where inside to go outside your home. The few open places will be with line-ups, no sitting allowed, and appointment-only times.

– An online life has been built for us, most people stared at their phone always anyway. Tic Toc, Zoom, Delivery apps, online commerce; social media; online entertainment. It's all there. just #stayhome. Wait until the sub zero weather returns, all will flow online. Not lining up in the cold.

This is it folks, at the current rate we are looking at virtual house arrest forever. Nowhere to go. Takeout or line-up only. It's here right now; no sitting down allowed anywhere I know of. Move along citizen.

#198 TurnerNation on 05.15.20 at 3:25 am

#110 Sail away “It’s quite contagious. ”

Really? How many people were sick in Jan/Feb/March when they forced into lock down. Nobody.
The so-called cases and #s in North America on the TV screen came only AFTER everything was closed, everyone was forced 6 feet apart, and everyone at home or wearing protective gear. Explain that.
I said from day 1 that the numbers on the TV screen will be used to rule our lives. And this is so.

#199 TurnerNation on 05.15.20 at 3:34 am

Traffic has picked up people are reporting. Noticed an uptick in funeral processions? Where are all the Hearses to match the stories the news is telling us?
I’d expect them to be booked for days. )Funerals are still allowed, small gathering only)
All the breathless blog dogs reporting numbers, waves.
Tell us how many people do you know affected, this is a pandemic after all?
Like I said the numbers on the TV screen will reflect the end goal. Fast approaching

#200 happygolucky on 05.15.20 at 4:03 am

#147 Jay on 05.14.20

Problem is they won’t just open anything. It has to open with pointless restrictions and strict policies that completely defy logic and make the whole experience unpleasant and annoying. It no longer has anything to do protecting the public and instead has turned into a liability issue. The second they mandated a closure they took over full responsibility and now cant get out. Governments are too scared that an outbreak of even a few people might occur and then class action lawsuits starts (already happening at nursing homes and beef plants)
so it has to be a big rediculous game for the next year of government playing big brother taking over every single aspect of our lives. The days of personal responsibility and taking ownership for your own risk are gone.
Who wants to go to a restaurant and be treated like they have leprosy. The service industry is dead in Canada. How much of the GDP did that make up again?
————————————————————

Agree one hundred percent.
Personal responsibility and ownership of our actions or personal freedom slipped away again before being even realized, very core value of human personhood vanished unnoticed.
Governments on all levels in their response to Covid and overreaction to it are shooting themselves in a foot if not two.
And there is not going back, safety of the herd is paramount, and herd demands it now, and with billions invested in this cause it is unthinkable to have any outbrake, even with flue like symptoms and where majority recovers quickly. Risk management is heresy.
When Premier Horgan announced opening up economy he added “it will be guided by science”
So social distancing, masks, gloves, plexi, and other dehumanizing protocols will stay with us for a long time as second wave is anticipated….

#201 Janey Klien on 05.15.20 at 4:09 am

BANNED

#202 Toronto_CA on 05.15.20 at 4:11 am

#139 Faron on 05.14.20 at 7:44 pm
#85 Toronto_CA on 05.14.20 at 4:54 pm

1) RE your civil liberties: The global community is asking us to make some sacrifices for the greater good. Never before have virtually all nations agreed that action is needed, and hopefully this will never have to happen again. In my opinion it takes a blind and selfish person to not be able to handle a request for a very small number of your activities to be constrained temporarily to support the global greater good. And maybe ask yourself why it is that when you perceive your liberties to be trampled you leap to some conspiratorial global cabal? What’s up with that?
___________

Where did I ever say there’s a global cabal or a conspiracy? I don’t think that at all. I just think there’s a lot of government group think going on and doubling down of bad policy decisions that were made early with little knowledge. It happens all the time in governments and corporations.

As for liberty–how do you call this “a very small number of activities”? Good God. I can’t list the number of activities we can’t do that we could do in February because it would break Garth’s website. This is the largest cramp down on liberties outside of wartime in our lives. It is NOT a small sacrifice. It is a very very big sacrifice and it is creating enormous problems and I’m very glad it is being lifted despite people like you who seem to think that anyone who questions it is blind and selfish.

Like I said, maddening. All of my life on earth there has been a trade off between freedoms and risks. We let people drive cars, smoke cigarettes, drink alcohol, go skydiving, work in mines, pollute the air, and countless other activities that shorten the lives because we say the life has more meaning that preventing early deaths.

The reaction to this virus has not struck a balance between risk and freedoms; but I think it did in Sweden. Time will tell, but every day it looks more and more like an overreaction. And anyone who questions the balance made by their government is not selfish and blind. They are simply analytical and perhaps a measure more intelligent than a sheep.

As for your point about comparing Sweden’s death toll to other countries, you’re focusing on one suspected problem with US data and the private medical system incentivizing overcounting covid deaths. Time will tell if that is right or not, I’m just questioning it like many others are. I am not a conspiracy theorist, but it sounds plausible. There’s a lot of scams and money to be made by exploiting this crisis. If you think otherwise, you’re a fool.

All countries are measuring deaths slightly differently – the UK only started to include non-hospital deaths for instance. In Germany, they only list deaths that are CAUSED by the virus rather than a co-morbidity. In the some countries all you need is to have shown covid symptoms when you died (of which there are plenty) and it gets recorded as a covid death. The deaths may have been double counted in parts of Italy in early parts of the virus outbreak because of the chaos.

Everything else you seem to agree with me on. Models are shit and it’s too early to say what the economic carnage will be because it’s only a few months into it and the damage will be felt for years.

We need time and accurate data to analyze everything and its premature to declare winners and losers. Other than I declare you a loser for your childlike 3rd post sarcastically Sweden is a winner. Grow the hell up.

#203 happygolucky on 05.15.20 at 4:14 am

#163 crowdedelevatorfartz on 05.14.20

Who needs capitalism when you have socialists running the country into a “Utopia”
I cant wait to see what PM Trudeau and Mr Butz have in mind to make us pay for all the billions in cash being handed out.
—————————————————————

It is more like “Distopia”, and socialism for one percent and capitalism for the rest.
And I would keep those pitchforks in the shed.

#204 under the radar on 05.15.20 at 5:12 am

I bought a nice detached starter home in Jan and closed April 30 , lovely large lot , south of Eglinton , east of Brimley. Made some improvements and will be listing next week.
799k 41×140 lot -Tons of value compared to a vertical cruise ship.
Interesting to see if it pulls away any would be condo buyers.

#205 Do have all the facts on 05.15.20 at 5:14 am

# 199 Toronto-CA

Solid response to a very narrow view of a very serious issue. Accurate information should never be feared.

#206 BillyBob on 05.15.20 at 6:05 am

#111 Sail away on 05.14.20 at 6:05 pm
#99 Sail away on 05.14.20 at 5:51 pm
#72 BillyBob on 05.14.20 at 4:23 pm
#70 Sail away on 05.14.20 at 4:00 pm
#62 Dolce Vita on 05.14.20 at 3:41 pm

Have some backbone, lots of people catch colds and flus. Quit being such wimps.

————–

A brave man dies but once. A coward dies a thousand times.

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

You’re mistakenly equating shooting your mouth off with courage. If sheer volume of posts were a proxy for bravery you would win a medal, I’ll give you that. Unfortunately it doesn’t work that way.

Not sure why you’re lumping me in with the fearful – I’m actually on the side of intelligently re-opening things. I’d go back to work in my “high-risk” job in a heartbeat and I don’t even need the money. But I’m like the FIRE Antichrist – I actually like to work.

If you can give me some examples of intelligent leadership from the White House, starting right from the beginning of the crisis, you might have some credibility. Not a anti-US rant, I’m actually pro-US but their performance has been what it is: indefensible.

https://www.bbc.co.uk/news/av/world-us-canada-52622037/coronavirus-the-lost-six-weeks-when-us-failed-to-contain-outbreak

But an American sitting in Canada taking shots all day long from the sidelines isn’t exactly my idea of anyone to be respected. Maybe dial the smugness back, I dunno, go dig a few graves on Hart Island or something, see if that helps, then try again.

#207 Howard on 05.15.20 at 7:12 am

#108 Ponzius Pilatus on 05.14.20 at 5:57 pm
#38 Howard on 05.14.20 at 2:32 pm
#10 Sail away on 05.14.20 at 1:07 pm
I have only one question for DT:

If you choose to live in Zurich, why don’t you learn the language?

———————————-

I agree. German isn’t even that hard, especially for native English speakers given the high percentage of cognates. Maybe he hasn’t been there very long.
——————
As a native German Speaker, I have to disagree.
Give some examples of cognates.
There are not too many.

————————————–

Off the top of my head…

Mutter, Vater, Bruder, Schwester, rot, blau, grün, weiß, kalt, warm, heiß (close enough), Katze, Hund (hound -> dog), Kuh, Maus, Haus, haben, beginnen, enden, kosten, finden, sitzen, lange, Lampe, Bett, Buch, Arm, Fuß, Finger, Hand, Papier, Shuh, Glas, Freund, alle, allein…

I could go on. Cognates do not mean the word is spelled or pronounced exactly the same in both languages, but they have the same root with only minor deviation and same basic meaning. There are of course false friends – cognates with the same root but different meaning in the two languages. None of the examples above fall into tha category.

#208 maxx on 05.15.20 at 8:13 am

@ #2

Absolutely. And when TSHTF, first principles, without delay.

There’s nothing quite like a good plan of action to eliminate the fear factor.

#209 Craig on 05.15.20 at 8:16 am

If I was a homeowner I would be absolutely livid about this lockdown. But I’m not a homeowner, I’m a renter.

Bring on more death and destruction. I need home prices to go down. I’m 80% cash, ready to put this down payment to use. But not with these prices.

Bring those prices down! Stay inside!

#210 Lee on 05.15.20 at 8:17 am

If our national debt is now greater than Argentina’s, what gives us any moral authority to tell it to get it’s spending under control? I’d say some South American countries may be in better financial shape than Canada. Probably not. But it’s embarrassing that it’s even a consideration.

#211 Phylis on 05.15.20 at 8:26 am

#139 Faron on 05.14.20 at 7:44 pm Do you build or use climate change models in your endeavours?

#212 crowdedelevatorfartz on 05.15.20 at 8:33 am

It will be interesting to see what happens when things get back to “normal” for 3 world countries whose populations suffer under endless air pollution.
Now that people have had a “taste” of clean , blue, air…..

https://www.reuters.com/article/us-china-pollution-smog/chinese-official-hails-incomparable-improvement-in-air-quality-as-virus-hits-industry-idUSKBN22R0S3

Me thinks the dictators in Communist China and the lazy corrupt leaders in India will have to deal with lots of complaining.

#213 ImGonnaBeSick on 05.15.20 at 8:35 am

Faron, maybe it’s time to take another break? We get it, you do everything the government and professionals tell you do, without question. You obviously don’t understand that dissention is a good thing for a democracy, and questioning is the basis of science. You would have made a good little nazi…

#214 BrianT on 05.15.20 at 8:37 am

It looks like lots of pointless regulations loaded on the top of businesses-does anyone actually believe the Toronto or Montreal transit systems will ever be enforcing/practicing “social distancing” permanently? What a farce.

#215 Flywest29 on 05.15.20 at 8:47 am

#200 Toronto_CA

Another solid post.

#216 Sail Away on 05.15.20 at 9:08 am

#204 BillyBob on 05.15.20 at 6:05 am

But an American sitting in Canada taking shots all day long from the sidelines isn’t exactly my idea of anyone to be respected. Maybe dial the smugness back, I dunno, go dig a few graves on Hart Island or something, see if that helps, then try again.

———————

I’m also a Canadian who contributes significantly to the country and economy, so am quite comfortable voicing an opinion that data does not prove the Corvid to be dangerous.

I’m with Elon. This is stupid and illogical. Open up.

Digging graves would make no difference to my mindset. That’s silly. Almost everyone dies eventually.

#217 Q2 DUPLEX DRIVE on 05.15.20 at 9:14 am

So the ‘Zers’ have a grim economic future facing them. These are the same fools who buy into the ‘climate change’ fraud and protest against pipelines. And they love T2. They got no one to blame but themselves.

#218 NoName on 05.15.20 at 9:18 am

#185 IHCTD9 on 05.14.20 at 11:24 pm
#29 Tater on 05.14.20 at 2:07 pm

muscle vs fat weight per volume ratio is 1 -> 5
https://inbodyusa.com/wp-content/uploads/2018/04/COMPARING-BMI-with-shorts.png

#219 Bytor the Snow Dog on 05.15.20 at 9:25 am

#152 Anxiety on 05.14.20 at 8:23 pm sez:

“Sir, you have mentioned real estate reset in a recent post. Did you mean it will reset to normal income to price ratio or to some year ?”
——————————————–
This is not a real estate blog it is a virus blog. I estimate the real estate blog will return around the end of June.

#220 Bytor the Snow Dog on 05.15.20 at 9:30 am

Anyone else noticed how the noose of the Rhetoric of Fear has slowly been tightened…

Flatten the Curve so as to not overwhelm our medical system.

TO

If it saves one life.

TO

If it saves one sickness.

TO

If it saves one infection.

We went from an achievable and laudable goal to unachievable child like idiocy.

#221 Sail Away on 05.15.20 at 9:37 am

#176 Sold Out on 05.14.20 at 10:13 pm

Wow, what a coincidence! I can’t take you seriously either, so henceforth will refer to you as a bird – Cuckoo. (Haha, auto-fill suggested “Cuckold”)

—————–

Too much information, SO.

Autofill is user-specific based on frequently typed words and phrases. Hope that’s not your work computer.

#222 IHCTD9 on 05.15.20 at 9:44 am

#216 NoName on 05.15.20 at 9:18 am
#185 IHCTD9 on 05.14.20 at 11:24 pm
#29 Tater on 05.14.20 at 2:07 pm

muscle vs fat weight per volume ratio is 1 -> 5
https://inbodyusa.com/wp-content/uploads/2018/04/COMPARING-BMI-with-shorts.png
— –

Those BMI calculators are funny. I put Hafthor Bjornsson‘s height and weight in there and it said morbidly obese hah! James’ BMI is overweight too, even at only 250 lbs.

These things are set up for regular sized dudes who don’t lift.

#223 Dharma Bum on 05.15.20 at 9:49 am

Open up.
Resume life as it was.
Take some reasonable safety precautions.
Use your brains and avoid overly close contact.

Let the chips fall where they may.

Fear mongers: your 15 minutes of fame is over. Buh bye.

#224 Ponzius Pilatus on 05.15.20 at 10:04 am

#205 Howard on 05.15.20 at 7:12 am
#108 Ponzius Pilatus on 05.14.20 at 5:57 pm
#38 Howard on 05.14.20 at 2:32 pm
#10 Sail away on 05.14.20 at 1:07 pm
I have only one question for DT:

If you choose to live in Zurich, why don’t you learn the language?

———————————-

I agree. German isn’t even that hard, especially for native English speakers given the high percentage of cognates. Maybe he hasn’t been there very long.
——————
As a native German Speaker, I have to disagree.
Give some examples of cognates.
There are not too many.

————————————–

Off the top of my head…

Mutter, Vater, Bruder, Schwester, rot, blau, grün, weiß, kalt, warm, heiß (close enough), Katze, Hund (hound -> dog), Kuh, Maus, Haus, haben, beginnen, enden, kosten, finden, sitzen, lange, Lampe, Bett, Buch, Arm, Fuß, Finger, Hand, Papier, Shuh, Glas, Freund, alle, allein…

I could go on. Cognates do not mean the word is spelled or pronounced exactly the same in both languages, but they have the same root with only minor deviation and same basic meaning. There are of course false friends – cognates with the same root but different meaning in the two languages. None of the examples above fall into tha category.
————–
That reminds me of an anecdote about the German Chancellor Adenauer who had the Queen over for an official visit.
They attended some fireworks. And just before it started, he proudly said to Her Majesty: now it goes loose. Nun geht es los.

#225 Sold Out on 05.15.20 at 10:23 am

#219 Sail Away on 05.15.20 at 9:37 am
#176 Sold Out on 05.14.20 at 10:13 pm

Wow, what a coincidence! I can’t take you seriously either, so henceforth will refer to you as a bird – Cuckoo. (Haha, auto-fill suggested “Cuckold”)

—————–

Too much information, SO.

Autofill is user-specific based on frequently typed words and phrases. Hope that’s not your work computer.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

I think it has more to do with how closely related the two words are:

https://en.m.wikipedia.org/wiki/Cuckold

I would need to have a job to possess a work computer, so you don’t have to worry about me. I’m happily unemployed, and have been for years.

Actually, I would likely qualify as “unemployable”, as I no longer have a mortgage or any other debt, and lack the requisite degree of desperation to trade my time for money.

I’m about as likely to accept a job as a weed fiend on CERB.

#226 Sail Away on 05.15.20 at 10:34 am

#161 God on 05.14.20 at 8:46 pm

—————-

Blessed are the meek, for they shall inherit the earth.

—————-

Quit stealing material from your ‘son’, God. We all know you’re a mean SOB. Don’t pretend you ever espoused such ideals. Nope, you’re more about smiting, blind obedience and pestilence.

Remember, ‘kill them all. The men and women and children and sheep and goats and cows and all living things’?

Uh huh. Not such an acceptable stance anymore, is it? And the Corvid is the worst pestilence you can do? You’re losing it, bro.

#227 Damifino on 05.15.20 at 10:37 am

#170 TRON

My guess is that many were Airbnb because they were furnished however still looking for minimum one year leases. The prices are still high IMO but with this much supply I’m guessing they may come down in price over the next few months.
——————————

Higher end apartment rents in Vancouver have already come down quite a bit. My wife makes a quite sport of examining listings. No question about it, 2 bed + 2 bath units that until recently went for around $3200 are now looking like more like $2800. There’s many hundreds of them now, and you’re right, they’re headed lower.

A responsible renter with good references and credit rating is now pure gold and able to negotiate. That situation hasn’t existed in Vancouver for as long as I can remember. Still, there’s nothing I’ve seen so far that compares to our current situation.

#228 Toronto_CA on 05.15.20 at 10:37 am

Another point to make about these lockdowns and destruction — we should all be thanking our lucky stars the virus isn’t deadlier to children and young adults (and is quite the opposite).

While the young ultimately will pay the highest price from missing so much school, social interactions and job opportunities that will diminish their earnings and mental health their entire lives – they aren’t dying directly from the virus.

Can you imagine if the deaths were highly concentrated in young children and young adults? Instead of the very old and infirm? Society would collapse even more than it has.

I digress, these recent media stories pushing the link between covid and some rare Kawasaki pox circulating right now scare me not because of the poor unfortunate few children and their families, though every illness is tragic.

What scares me is that even if the risk is extremely small, soccer moms and dads everywhere will push politicians to keep everything locked up “safely” that much longer because the risk to their children is overblown by the media reports that need clickbait revenue more than ever.

Economy be damned, civil liberties be damned, and all the health problems associated with further lockdowns be damned. My kid is at risk then no one should be allowed out until we get a vaccine or cure.

That’s scary to me.

#229 Axehead on 05.15.20 at 10:40 am

14 new cases in all of BC yesterday, hospitals empty, and the economy is devastated. Something is seriously wrong. In the private industry we do risk analysis to determine priority of resources and approach. This was an en masse experimental failure. And all Trudeau does us spend, restrict freedom, and incur debt. Where is the voice of the competition, of the public, the media? Certainly not on the Communist Broadcasting Corporation. We are all lulled to sleep.

#230 Figure it Out on 05.15.20 at 10:51 am

“So.. a lawyer who is also a pedigree politician, a decorated military officer turned lawyer, a lawyer who is a partner for a firm that specializes in international contracts and commerical litigation, or a business owner who became a lawyer… No you’re right, our drama teacher is much more qualified”

This is the first step to losing. The nemesis has been Prime Minister for 4½ years, party leader for seven. His government has renegotiated a trade agreement with the hostile president of the global hegemon, and is now coordinating the response to the bug, where we also look good compared to our southern neighbour.

His government has been forged in a fire hotter than that faced by any other Canadian PM in living memory. Bringing out the ol’ “drama teacher” line that didn’t work the first or the second time is leading with a glass jaw.

Conservatives need to demonstrate the probability of better leadership. “Our guy was the lawyer for Venus Women’s Razors”? Gimme a break! Or maybe the guy whose recent career has been overshadowed by his wife’s… not that there’s anything wrong with that. Canadian conservatism looks like a movement where the best and brightest would rather write the cheques than do the job. Is this really all we’ve got?

#231 IHCTD9 on 05.15.20 at 10:54 am

#222 Ponzius Pilatus on 05.15.20 at 10:04 am
#205 Howard on 05.15.20 at 7:12 am
#108 Ponzius Pilatus on 05.14.20 at 5:57 pm
#38 Howard on 05.14.20 at 2:32 pm
#10 Sail away on 05.14.20 at 1:07 pm
I have only one question for DT:

If you choose to live in Zurich, why don’t you learn the language?

———————————-

I agree. German isn’t even that hard, especially for native English speakers given the high percentage of cognates. Maybe he hasn’t been there very long.
——————
As a native German Speaker, I have to disagree.
Give some examples of cognates.
There are not too many.

————————————–

Off the top of my head…

Mutter, Vater, Bruder, Schwester, rot, blau, grün, weiß, kalt, warm, heiß (close enough), Katze, Hund (hound -> dog), Kuh, Maus, Haus, haben, beginnen, enden, kosten, finden, sitzen, lange, Lampe, Bett, Buch, Arm, Fuß, Finger, Hand, Papier, Shuh, Glas, Freund, alle, allein…

I could go on. Cognates do not mean the word is spelled or pronounced exactly the same in both languages, but they have the same root with only minor deviation and same basic meaning. There are of course false friends – cognates with the same root but different meaning in the two languages. None of the examples above fall into tha category.
————–
That reminds me of an anecdote about the German Chancellor Adenauer who had the Queen over for an official visit.
They attended some fireworks. And just before it started, he proudly said to Her Majesty: now it goes loose. Nun geht es los.
——

Frisian is like that too, my Dad used to say:

“Brea, bûter en griene tsiis is goed Ingelsk en goed Frysk”.

“Bread, butter and green cheese is good English and good Fries”

#232 Sold Out on 05.15.20 at 10:57 am

Hah! US retail down 17%, but XRT is up 1.30% today?

Nothing to see here, go back to your homes and places of business. Perfectly reasonable stock valuations because – “forward looking”.

Maybe more like “looking forward to indefinite stimulus”.

#233 Doug in London on 05.15.20 at 11:07 am

I don’t know what’s going on in Switzerland, but suspect they are doing a lot of testing, and anyone who tests positive for COVID 19 self isolates. Insufficient testing has been our weakness in Canada and The States so far. To date, Ontario in slowly reopening the economy. With a more thorough testing and isolating program, we could probably get away with reopening and still keep cases of COVID 19 under control. It figures the Swiss appear to be doing the reopening right, they have a well deserved reputation for doing things with ruthless efficiently.

#234 Sandra on 05.15.20 at 11:15 am

Hi Garth,

I’ve been a fan of your blog for many years and plan on naming our next dog/cat/fish after you.
My daughter accepted a job in Hamilton so she and her family will be moving back to Ontario in the next few weeks. They’ve been looking for a townhouse in the Oakville/Burlington area. One landlord, just this week, asked if they would pay the first 3 months and last 3 months rent up front…works out to around $15,000. They can afford this but don’t want to. Is this common practice in the area? We live in the Niagara Region so have no idea. Your thoughts would be appreciated.

#235 Cottagers STAY THE HELL AWAY! on 05.15.20 at 11:15 am

Don’t pack the car today. Don’t travel anywhere this weekend.

Just.

Stay.

Home.

#236 Phylis on 05.15.20 at 11:21 am

#224 Sail Away on 05.15.20 at 10:34 am Giggle. Now that’s entertainment!

#237 A J on 05.15.20 at 11:21 am

#184 Cici

I’m with you Cici!!

#238 dosouth on 05.15.20 at 11:22 am

You cannot deal in common sense when all the media drives fear and unconfirmed reports of everything.

Must say the “Covid can now be carried in your lake water, avoid swimming this summer” was the ove the top one for me.

Live your life like you own it!

#239 banks cut dividneds on 05.15.20 at 11:27 am

I know you posted a while back that banks will not stop paying dividends, do you see any banks cutting dividends. I own Scotia Bank and ZEB, ZEW and RBnk
it looks like scotia bank might have problems in south America.

Anyway you cannot give specific advice but your thoughts on banks cutting dividends would be appreciated.
Thanks

#240 Kane Banner on 05.15.20 at 11:28 am

Being an adult in Canada isn’t popular. For example, the easiest and most obvious solution to youth unemployment is to stop the practice of Double Dipping by retired civil servants in all branches from teaching and forestry to law and civil engineering. Let the millions of Mills replace the millions of Double Dippers.

Who gets hurt? The Double Dippers still get the full pension plus benefit. Under union guidelines the New Grad Mills would start at a reasonable junior salary and save taxpayers billions, all while employing millions of under 35’s. What’s wrong with promoting this into law?

The Double Dippers are past the consumer phase, they’re useless to the economy. While the New Hires want and need everything and would provide a tremendous tsilwind to the economy for decades. Why keep overpaying and subsidizing Double Dippers decadence and time share condos in Florida and love triangle vacations in Cuba . Yuchhhh !!

http://www.bnnbloomberg.ca/bill-morneau-feature-1.1436357

Minister Morneau is incompetent as explained in the attached. Globally recognized. I don’t write the international opinion. Trudeau is sacred here and can’t be spoken about. In spite of the Corona deaths more than doubling from 2000 on April 23 to 5000 a month later.

The country needs better leaders. But what we need more is committed citizens who love this country.

#241 IHCTD9 on 05.15.20 at 11:31 am

How this virus spaz attack ends up affecting the long haul is going to be a matter of liability management, and litigation outcome.

The gov may be in a position of liability, it may feel it needs to demonstrate due diligence. It wants to be seen as helping, and doing everything it can. Chances are great the above will result in all kinds of restrictions and directives weighing down every entity in society.

What happens if a restaurant is successfully sued? Grocery store? Theatre? Some activities just can’t be made virus proof. It’s only a matter of time before the liability on this is tested in Court. If liability goes to the owners, look out.

Joseph Tainter points out in his book “The Collapse of Complex Societies” that “sustainability or collapse of societies follow from the success or failure of problem-solving institutions and that societies collapse when their investments in social complexity and their “energy subsidies” reach a point of diminishing marginal returns.”

In other words, government and courts add red tape to solve our society’s problems. These come at a cost to our society. At some point the cost is greater than the society can bear. The society eventually is forced backwards towards a more simpler organization.

#242 Sail away on 05.15.20 at 11:43 am

#223 Sold Out on 05.15.20 at 10:23 am
#219 Sail Away on 05.15.20 at 9:37 am
#176 Sold Out on 05.14.20 at 10:13 pm

Wow, what a coincidence! I can’t take you seriously either, so henceforth will refer to you as a bird – Cuckoo. (Haha, auto-fill suggested “Cuckold”)

————

Too much information, SO.

Autofill is user-specific based on frequently typed words and phrases. Hope that’s not your work computer.

————

I think it has more to do with how closely related the two words are:

https://en.m.wikipedia.org/wiki/Cuckold

————

Good story. My computer autofills… “cuckoo”

There’s definitely some deviance in the air. Probably just your computer.

#243 IHCTD9 on 05.15.20 at 11:51 am

#232 Sandra on 05.15.20 at 11:15 am

…One landlord, just this week, asked if they would pay the first 3 months and last 3 months rent up front…works out to around $15,000. They can afford this but don’t want to. Is this common practice in the area?
— –

It is now…

#244 crowdedelevatorfartz on 05.15.20 at 12:05 pm

@#228 Figure it out
“His government has been forged in a fire hotter than that faced by any other Canadian PM in living memory. ”
+++

Giving billions upon billions of dollars of taxpayers money away in an orgy of unaudited waste is considered “forged in fire”?
Bwahahahaha.
Give me a break.
The covid “crisis” may end but Trudeau’s economic debt tsunami has yet to wash over Canada and he will be the only one standing in the spotlight when the blame for this fiscal nightmare really cranks up in a few more months.

#245 Sandra on 05.15.20 at 12:38 pm

#241 IHCTD9
Thank you for your response. Do you know this from recent experience? Are you a landlord or tenant???

#246 Yvrmc on 05.15.20 at 12:39 pm

#218 Bytor, you nailed it .

#247 JB on 05.15.20 at 12:48 pm

#202 under the radar on 05.15.20 at 5:12 am

I bought a nice detached starter home in Jan and closed April 30 , lovely large lot , south of Eglinton , east of Brimley. Made some improvements and will be listing next week.
799k 41×140 lot -Tons of value compared to a vertical cruise ship.
Interesting to see if it pulls away any would be condo buyers.
…………………………………………………………….
Smart move I really can not see anyone wanting to live communally anymore in these high rise concrete incubators for disease. Especially the older crowd. I know they all want to go somewhere where they can get fat watching TV and eating cake all day but I can think of other places I would want go to to die and for sure not by slowly drowning in my own fluids in my lungs. The sad issue is any of these older retirees with heart problems, Hypertensive heart disease issues, respiratory issues and many other maladies are going to face this all again in waves as well as the next pandemic of a new strain. It is truly heartbreaking that it will be like shooting fish in a barrel for these people. I wonder if the government has broken down the deaths and infections by form of housing?

#248 JB on 05.15.20 at 12:49 pm

Where is Smoking Man?
Calling Nectonite……………………….

#249 IHCTD9 on 05.15.20 at 1:01 pm

#243 Sandra on 05.15.20 at 12:38 pm
#241 IHCTD9

Thank you for your response. Do you know this from recent experience? Are you a landlord or tenant???
——-

It was a joke in light of the recent spate of “keep your rent” folks.

I imagine this landlord is thinking of all this stuff when he asks for half a year’s rent up front…

#250 JonBoy on 05.15.20 at 1:01 pm

#22 IHCTD9 on 05.14.20 at 1:43 pm

100%, and the sooner the better. Ontario is slowly inching mandatory minimums for online courses into the curriculum, but the teachers Unions are fighting it tooth and nail.

It would be pretty much all good, zero bad.

—-

Have to disagree with that. Interactions with people (face-to-face) are important for development, learning how to read people, relationship-building, etc.

My two older kids (the only ones in school) are top students and while they like some of the aspects of online schooling, they dislike the lack of interaction, being stuck in the same chair and same room while they are “at school”, lack of physical movement and the banter that happens in a classroom.

Kids need more than just “book learning”. In-person schooling teaches them required social and relational lessons that they won’t learn through a screen.

Kids need to move around, get a change of scenery, switch it up, etc, etc. Physically attending a school does that.

University for the sciences will require in-person classes just to get students familiar with equipment, procedures, labs, etc. For others, you could get the information via online classes but again, the interaction is half the fun. University should be as much about in-person questions and challenges and on-the-spot thinking (with all the pressures that come with it) as it is knowledge absorption and testing…

#251 Lambchop on 05.15.20 at 1:02 pm

#238 Kane Banner on 05.15.20 at 11:28 am

The country needs better leaders. But what we need more is committed citizens who love this country

_________________

Sadly, it is becoming more and more difficult to love this country when our elected leader tells us that we have no cultural identity and are a post-national state.

It’s also difficult to love a country that gives our tax dollars away to other nations to develop their resources while quashing growth at home.

It’s also a little embarrassing that our leader wants nothing more than to be a woman, cries at the drop of a hat, and plays dressup at every opportunity.

Hard to be proud. At least I am born Swiss, so I still have an identity.

#252 Figure it Out on 05.15.20 at 1:06 pm

“The covid “crisis” may end but Trudeau’s economic debt tsunami has yet to wash over Canada and he will be the only one standing in the spotlight when the blame for this fiscal nightmare really cranks up in a few more months.”

Every other first world country is doing the same thing. Joe Canadian voter isn’t going to be saying “I wish he hadn’t sent me the cheque and the bank foreclosed on my home. I deserved it and the country couldn’t afford it.”

Conservatives planning an election platform around austerity are just setting themselves up for failure… again.

#253 Faron on 05.15.20 at 1:15 pm

#192 VicPaul on 05.15.20 at 1:04 am

#9 Faron

*********
“youtube (sic)”

Actually, I spelled that correctly. Real cute of you to tell me to grow up then pick apart a couple missed apostrophes as part of your rhetorical approach. Maybe not grade 5 like me, but def grade 7.

“(CNN,MSNBC,HUFFPOST) talking heads make them feel righteous (emotion) and indignant (emotion) toward the people they hate (Trump) because you Lefties are on the right side of history, right?.”

Nope, I hate all of those media sources and agree with you that commercial televised media has problems. My media sources are: local rags, Reuters, Associated Press, NYT (paid), Economist (paid), WSJ and the New Yorker (paid). Even I get sick of the NYT. The real news they publish is fine but they really like to blend opinion articles with normal headlines and that just adds fuel to the right wing dumpster fire of calling everything fake news. If you don’t think the deliberate undermining of free journalism and outright censoring of reporters who ask “nasty” questions, you need to reexamine your ideals.

Ah, where would you be without your gotcha buzzwords (I’m making the assumption that you’ve called things Fake News. Please excuse me if I’m wrong)? I hear “virtue signalling” bandied around. I’m not in the know so had to google it as a whole phrase. Yeah, turns out it’s right wing pablum that gets tossed out whenever they don’t like what they want to hear and want to sound superior. Bytor uses it too, you guys should be friends. You know what buzzwords are a sign of? GroupThink. That is doubleplusungood if you catch my drift.

“Anderson Pooper, Rachel Madcow”

Again, cute. Grade 3 at best. I also dislike them. Can’t watch TV in fact because the editing and advertisements hash my brain into pulp to I don’t know what to think.

“(you mean like “Russia Collusion”….flogged for a couple of YEARS…and nothin’).”

First, there’s no question that Russia tampered with the elections through targeted social media campaigns and were in support of Trump. Regarding deliberate connections, many were indicted and several went to jail. Details in the report were redacted by the attorney general who was a Trump appointee and superfan. The *republican* investigator did his job despite threats of firing and active firing of those around him. The left may have lost in that he wasn’t impeached. Very wrong? I’m not so sure.

“Surely you/them, in your/their unbounded arrogance, don’t think you need to inform people of Trump’s narcissism, boorishness, tactlessness – that’s obvious.”

I’m glad we agree there. But many seem not to see those traits and that’s a problem.

“How about getting on point with some cooperative, helpful legislating.”

Do you seriously think they’ve done nothing? Furthermore, you know who/what Mitch McConnell is, right? That he’s a stubborn pork barrel politician in the pockets of the Kochs? You also recall that for eight years the repubs blocked anything and everything Obama related often just on principle. Funny too how Trump just throws out every Obama-related thing around him — oh, like the pandemic task force in the CDC. Good thing the US and the world didn’t need that!

#254 Sold Out on 05.15.20 at 1:26 pm

#240 Sail away on 05.15.20 at 11:43 am
#223 Sold Out on 05.15.20 at 10:23 am
#219 Sail Away on 05.15.20 at 9:37 am
#176 Sold Out on 05.14.20 at 10:13 pm

Wow, what a coincidence! I can’t take you seriously either, so henceforth will refer to you as a bird – Cuckoo. (Haha, auto-fill suggested “Cuckold”)

————

Too much information, SO.

Autofill is user-specific based on frequently typed words and phrases. Hope that’s not your work computer.

————

I think it has more to do with how closely related the two words are:

https://en.m.wikipedia.org/wiki/Cuckold

————

Good story. My computer autofills… “cuckoo”

There’s definitely some deviance in the air. Probably just your computer.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Ah, that’s the problem; that must be why my tablet keeps prompting me to upgrade to the new 50 Shades of Chrome OS.

#255 Faron on 05.15.20 at 1:32 pm

211 ImGonnaBeSick on 05.15.20 at 8:35 am

“a good little nazi…”

That’s uncivil.

Nice to see the dog pile again today.

No, I don’t follow every gov’t edict, nor follow all rules. I’ve been regularly breaking COVID rules that I know wont put me in contact with other humans and allow me to do what I want to do for my health. I am capable of seeing when it’s a good time to question and dissent and when it is not based on the information at hand and the professionals who know better. By professionals I don’t mean Trudeau I mean the experts in infectious disease and the science behind what is being asked of us that is informing the Gov’t. We are tasked with accepting the lesser of two evils. Any path we take will cause and is causing great harm, but doing nothing would be the worst outcome and the majority agree (even in Sweden). The devil is there’s no way of knowing how bad it would have gotten had we not acted nor if we could have slipped past this more easy with good leadership and rapid shut downs.

#256 Lost...but not leased on 05.15.20 at 1:39 pm

#241 IHCTD9 on 05.15.20 at 11:51 am
#232 Sandra on 05.15.20 at 11:15 am

…One landlord, just this week, asked if they would pay the first 3 months and last 3 months rent up front…works out to around $15,000. They can afford this but don’t want to. Is this common practice in the area?
— –

It is now…

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

Very predictable…
” Keep Your Rent” movement achieved what ?
……simply long term grief and more gun shy landlords.

Those landlords that haven’t bailed will likely have a higher quality pool of renters that are more solvent and less militant.

I have mused about being a landlord and telling any future tenant/s this will be HANDSHAKE deal… here is the rent amount due on this date. Usual good will should apply ( ie timely repairs, maintenance made etc.)Failure to pay rent effectively results in eviction.

Signing a tenancy agreement will be avoided like the plague, as Gov’t have clearly chosen winners and losers now and for the foreseeable future.

THE END.

#257 Sold Out on 05.15.20 at 1:47 pm

#253 Faron on 05.15.20 at 1:32 pm
211 ImGonnaBeSick on 05.15.20 at 8:35 am

“a good little nazi…”

That’s uncivil.

Nice to see the dog pile again today.

No, I don’t follow every gov’t edict, nor follow all rules. I’ve been regularly breaking COVID rules that I know wont put me in contact with other humans and allow me to do what I want to do for my health. I am capable of seeing when it’s a good time to question and dissent and when it is not based on the information at hand and the professionals who know better. By professionals I don’t mean Trudeau I mean the experts in infectious disease and the science behind what is being asked of us that is informing the Gov’t. We are tasked with accepting the lesser of two evils. Any path we take will cause and is causing great harm, but doing nothing would be the worst outcome and the majority agree (even in Sweden). The devil is there’s no way of knowing how bad it would have gotten had we not acted nor if we could have slipped past this more easy with good leadership and rapid shut downs.

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Come on, man. Get with the program!

#LIBERATE THE VIRUS!

Buncha commie pinko nazi virus haters.

This message brought to you by our sponsor, Trump’s Own word salad.

#258 James on 05.15.20 at 1:48 pm

#10 Sail away on 05.14.20 at 1:07 pm

I have only one question for DT:
If you choose to live in Zurich, why don’t you learn the language?
—————————–
Which Swiss Language should DT learn?

German, French, or Italian?

A worldly intellectual you are not.

Maybe it’s time to raise the hook and actually sail around a bit…untie the lines…see the world…learn what languages are spoken in the world?

I can easily picture you dining in Zurich and demanding that the waiter “Speak American”

#259 Lost...but not leased on 05.15.20 at 1:51 pm

Re: COV Mayor…

Phartzy did a good critique, but the Mayor has acted as a good “canary in the mine” insofar as getting the info out and not sugar coating it.

The studies and surveys by COV lay out where we are at in this economic mess.

Have not found any other BC mayors following suit to the same degree.

I was waiting for the shoe -to- drop re: VPD, given policing is approx 20% of civic budget, and COV is approaching bankruptcy. The Fire Dept. would likely be next. VPD was told to cut 1% which translates to about 80 officers.

Should note last (2) COV mayors have intriguing backgrounds…”made men” evidence suggests groomed by outside forces to play these roles.

#260 Wrk.dover on 05.15.20 at 1:51 pm

A friend works in a salt mine, about to be bought out.

He says every salt operation in NA and SA will be owned by the same corp this year.

Problematic? What could possibly go wrong?

#261 Lost...but not leased on 05.15.20 at 1:55 pm

#233 Cottagers STAY THE HELL AWAY! on 05.15.20 at 11:15 am
Don’t pack the car today. Don’t travel anywhere this weekend.

Just.

Stay.

Home.
=============

FYI:

Your e-mail has been traced to Epstein Island.

#262 Forward Thinking on 05.15.20 at 1:57 pm

https://finance.yahoo.com/news/dreadful-april-retail-sales-means-q-2-growth-may-take-an-even-bigger-hit-165411981.html

———————————–

Screw actual data and fundamentals… Forward thinking!!!

#263 Lost...but not leased on 05.15.20 at 2:08 pm

BC announces school re-opening

Starting June 1:

–K-5 show up 3 days a week
–6-12 show up 1 day a week (why bother ???)

#264 crowdedelevatorfartz on 05.15.20 at 2:09 pm

@#250 Figure it out
“Conservatives planning an election platform around austerity are just setting themselves up for failure… again.”
+++

Well either way with Trudeau’s proliferate spending…..
The taxpayer taps are running dry.
Its moot whether a majority elected Conservative govt is forced to implement , deep, brutal cuts to govt services and increase taxes or the Liberals do it.
Either way ….it will be done.
Everyone will realize Trudeau dumped billion $$$$$ on the bonfire with zero debate in “Parliament”.
Our Covid “emergency” “Hero” will wear this for a decade.

#265 crowdedelevatorfartz on 05.15.20 at 2:16 pm

@#257 Lost but not leased
” Re Van Mayor Stewart.”

+++++

Kennedy may be doing a bang up job with the covid panic but did you notice Vancouver was squealing like a stuck pig a mere two weeks after the shut down started….. “We’re broke!” sez the Mayor….. after only two weeks….jayzus.

While Burnaby quietly announced they had over 1 billion in cash reserves for their “rainy day” fund.

#266 Faron on 05.15.20 at 2:16 pm

200 Toronto_CA on 05.15.20 at 4:11 am

Sorry Garth, this is getting epic… Toronto_CA, last word is yours.

“Where did I ever say there’s a global cabal or a conspiracy? I don’t think that at all.”

Sorry, I mix you up with TurnerNation and BrianT.

“I just think there’s a lot of government group think going on and doubling down of bad policy decisions that were made early with little knowledge. It happens all the time in governments and corporations.”

I agree that can be a problem. I don’t think that’s in play in general. I look at countries that were hard hit, that locked down and got past the worst as examples of what works well. No, it’s not one size fits all, but the general play book is about right. Speaking of which, the general responses among countries have been similar because there is a lot of well-documented study of viral outbreak and this is what you do.

I do think some Canadian provinces should open up ASAP. BC has had very low infections. The job is done for now, lets get back to it albeit with caution and inter-province travel restrictions. I *hate* work from home. It turns me into an internet troll.

“a very small number of activities”?

And

“…the largest cramp down on liberties outside of wartime in our lives. It is NOT a small sacrifice.”

Has my life been less good these two months relative to the rest of my days? For sure and I’m among the least impacted. I hate it. But it’s not that bad and it’s not permanent and will be less so the better job that is done. I also hate taking pills for a bacterial infection (’cause the farts and overprescription of antibiotics). But, I take them because life will be better in the end and I know that bacteria grow exponentially and a minor infection can turn to sepsis in 24 hours.

“We let people drive cars, smoke cigarettes, drink alcohol, go skydiving, work in mines, pollute the air, and countless other activities that shorten the lives because we say the life has more meaning that preventing early deaths.”

If you crash your car, does it trigger an exponential wave of car crashes/deaths? No.

If you drink yourself to liver failure, does it cause an exponential wave of liver failures or drunks? No (although the alcoholism could impact generations, the growth isn’t any threat of exploding across the populace).

These comparisons don’t hold up.

“The reaction to this virus has not struck a balance between risk and freedoms; but I think it did in Sweden. Time will tell, but every day it looks more and more like an overreaction.”

Ask yourself, with precision and honesty, why it looks like an overreaction. Please consider if the effectiveness of the measures taken has any impact the perceived lack of severity.

“And anyone who questions the balance made by their government is not selfish and blind. They are simply analytical and perhaps a measure more intelligent than a sheep.”

I think it would be fun to compare normative behaviour and lifestyle to mine and yours and see who the sheeplest sheep is (hint: almost certainly not me).

Can we agree to not use the Sheeple buzzword? It’s used on the left and the right and, while fun to say, is just tired.

“You’re focusing on one suspected problem with US data and the private medical system incentivizing overcounting covid deaths.”

I focussed on this to take down your erroneous notion that financial motiviations are driving coding and thus virus counts. They aren’t.

“Everything else you seem to agree with me on. Models are shit and it’s too early to say what the economic carnage will be because it’s only a few months into it and the damage will be felt for years.”

Yeah. I wouldn’t call the models shit though. Computer models are a tool to be used with care and appropriately. Trying to hammer in a screw will make a hammer like pretty shitty (or the screw).

“We need time and accurate data to analyze everything”

In the mean time given the explosive viral growth in China, then Italy then Iran then New York should we have just done nothing?

“and its premature to declare winners and losers. Other than I declare you a loser for your childlike 3rd post sarcastically Sweden is a winner. Grow the hell up.”

People of all stripes really like to make strong statements and then hide them when they are proven wrong or become inconvenient. Sometimes you have to call them out and using childlike tactics often gets a response. So, tell me about Brazil….

#267 Toronto_CA on 05.15.20 at 2:37 pm

#264 Faron on 05.15.20 at 2:16 pm
In the mean time given the explosive viral growth in China, then Italy then Iran then New York should we have just done nothing?

_____

Not enough time in the day to go through it all; but stop the straw man. You’re better than that. No one said “do nothing”. That’s stupid.

A rationale balanced approach on tracing, tracking, testing, ramping up for covid-19 cases in hospitals with proper PPE and getting extra ICU beds – yes yes yes.

Telling people to social distance as much as possible, wash their hands, act like a very, very bad flu season is upon us? – yes yes yes.

Protect the heck out of nursing homes / care homes with strict quarantines in place? Testing like crazy here and ensuring as much as possible the virus isn’t getting to these people? Yes! 1000 times yes.

Telling everyone regardless of health they’re under effective house arrest and must shut their businesses down completely unless it is deemed “essential”? Forcing millions of healthy people to stay indoors without access to proper exercise (as was done in Spain and France and other countries)? No one allowed to see people outside their immediate household, not best friends? Not even family?

Here is where I think the government went too long too far, and should stop going down this path ASAP. They have and are backing off.
Now back to the story:

Sweden simply took the decision that the likelihood of vaccine being produced quickly (if at all) was low so they needed a sustainable approach to the virus that balanced the freedom of their people, their economy, healthcare capacity and the number of deaths.

They made a big mistake like many countries in failing to protect care homes and that has skewed their figures badly.

The sustainability of this over a long period is key to them. They are fairly clear that lockdowns and in particular the threat of repeated lockdowns is not sustainable for them. Given that’s their policy if they’re managing to mitigate deaths with the measures they’re taking, not overwhelm their healthcare capacity and keeping their economy afloat the Swedish policy is working for them.

Hope you have a good long weekend.

#268 Sail away on 05.15.20 at 3:58 pm

Faron,

I’m assuming you are a climate guy based on your general stances on other things.

A question:

Do you find it difficult to reconcile going to great lengths to protect all people from virus danger while simultaneously recognizing that climate degradation would be reduced if there were fewer humans?

The two views seem, in my mind, to be diametrically opposed. For vehement climate emergency buffs, the Corvid should be a godsend, and the more people it scythes away, the better. Yes? No?

#269 Phylis on 05.15.20 at 4:46 pm

#266 Sail away on 05.15.20 at 3:58 pm He is consulting the model, please bear with us.

#270 Sail away on 05.15.20 at 5:20 pm

#267 Phylis on 05.15.20 at 4:46 pm

#266 Sail away on 05.15.20 at 3:58 pm He is consulting the model, please bear with us.

———–

haha… bearing with…

#271 J on 05.15.20 at 11:56 pm

I took the 6-month mortgage relief and I have $1M portfolio, $1M home equity and a $350,000 annual income. Why? I invest everything and want the extra cash to build up a cash buffer in caee this gets worse and / or I lose my job. I’ll deal with the added mortgage costs later.

I know many people like me that don’t need the support but will take it for advantage if available.

#272 Gary on 05.16.20 at 12:26 am

REOPEN TO CLOSE: Many small business owners will do just that in smaller towns of 20,000 people, after they get their 40K from the government.
The Vaccum, Computer, Music, Shoe, Clothing, Jewellery, Stores, all Ma & Pa wIll bite the dust, especially with a Walmart & Staples store which were allowed to stay open. Just wait three months for the real damage to emerge from this lockdown financially. Several restaurants included, can’t handle the new guidelines.

#273 GERALD on 05.16.20 at 1:53 am

The WHO agrees. “There is currently no evidence to confirm or disprove that COVID-19 virus can be transmitted through coins or banknotes,” it says.

`BS“““““““““““““““““““““
I also remember months ago telling friends and family when the so called experts were saying “don’t wear a mask, it does more harm than good” to not swallow that BS. And now the same experts are saying EVERYONE should wear a mask.
I also told them that the only reason they are saying that is that masks weren’t available to avoid panic or that they just didn’t have a hot clue.

#274 James on 05.16.20 at 7:26 am

More about UBI theft

Canadians hold more than 1.03 TRILLION dollars in RRSPs.

Once the government implements UBI, rest assured that your RRSP withdrawals (currently mandatory at 71) will result in income tax due PLUS a claw back of UBI.

Yup…the CPPIB at $420 Billion, RRSP holdings of $1.03 TRILLION…do you really think that doesn’t have the attention of those who want to buy your votes with your own money?

You should be outraged.