Us, 1. Them, 0.

Friday of a long weekend. Yahoo! In the middle of a pandemic. Yuck!

These are weird days, as this pathetic blog chronicles. In the last 24 hours, for example, more evidence some industries are in deep poop (technically speaking) while others are feeding off Covid. Air Canada’s revenues have collapsed 89% and its stock is seventy per cent lower than it was in January. These guys are going down without a bailout. It will, of course, materialize. Maybe the Kielburgers can finance it.

“I hope they keep the US border closed a long., long time,” Brenda said to Bandit and I while on our morning walk. Most people are repeating that. And the airline is being crushed as a result.

But here’s Apple. Stock up 80% in a year, earning over $59 billion in the last three months with revenues smashing analysts’ predictions. It’s all that CERB cash flying around (and the US equivalent, which ends today) allowing people to snap up new iPhones and iPads as the stay-at-home economy blossoms.

The revolution is in full swing. Physical retailers are being squished, while online sellers blossom. The stay-at-home stocks, companies and enterprises – from Zoom to Apple, Netflix, Etsy, Shopify and Amazon – are exploding higher. Government fiscal stimulus (all those cheques flying around) and central bank monetary stimulus (2% mortgages and bond purchases) have helped propel markets higher. And it’s not stopping

Said Fed boss Jerome Powell this week: “The path forward for the economy is extraordinarily uncertain, and will depend in large part on our success in keeping the virus in check. We’re not even thinking about thinking about raising rates and it will take continued support for both monetary and fiscal policy.”

On balance things are w-a-y better than most people believe. There are solid reasons the S&P 500 is up 48% since March and has a year/year gain of 11%. The Nasdaq, with all those SAH companies in it, has climbed 60% since the virus hit, and has given investors a 31% one-year gain. Bonds prices are higher. Preferreds have revived recently and kick out a solid 5% return. Balanced portfolios have pretty much erased the Covid collapse of 2020, which means investors get to keep all of the 15% (or more) they made last year. And 2021 will probably blow the doors off.

Did you see the latest stats for Canada?

The economy gained about 4.5% in May and it looks like a 5% advance in June. In two months we gained back half the ground lost during the virus disaster in March and April. In short it means the country’s total output is running at about 90% of what it was back in February, when everybody was commuting to work instead of wearing sweatpants all day and drinking gin at breakfast.

The swoon Covid caused here was about the same as the damage inflicted in the US. No big surprise. But now it’s our turn to shine, and there are many who think the Canadian market could outperform in the rest of 2020. First, we may have an ethically-challenged PM but there won’t be a general election in Canada this year causing deep polarization and social unrest. Not so in the States. The November 3rd contest, whether it happens through physical or mail-in balloting, will be a disaster. Whoever wins. Mr. Market may recoil somewhat as that unseemly spectacle unfolds.

Second, the virus. In parts of Canada there is none. Zero. Nada. Nary a single active case. Deaths have diminished. Long-term care homes have been largely restored to safety. No ICU anywhere is overwhelmed. Nobody talks about ventilators. The kids are going back to school. The percentage of the population that was infected, required medical attention, or perished was tiny. The projections made in March by scaremongering politicians (like our health minister – heard from her lately?) that 40% of the country would get Covid now look extreme.

Meanwhile the US has seen 4.5 million cases with 152,000 deaths (about 17 times the number here, with 9 times the population). The virus is still ripping through many areas and it seems reopening the economy was done in haste (politics over science). Says a Bay Street bank economist, correctly: “The good news is that the cautiousness has kept virus cases under control north of the border, suggesting Canada’s economy is in a position to outperform that of the US in Q3.”

You bet.

Third, as a result of bad choices about the virus, the US economic recovery seems to have stalled. Initial jobless claims this week were 1.43 million, over seven figures for the 19th week running . Not good. Congress adjourned yesterday with the Dems and Republicans reaching a deal on extending supplementary benefits to the unemployed. So those cheques end today. Also not good.

Fourth, Trump. The man used to be a firecracker for markets, with tax cuts, infrastructure spending, regulation expunging and job-fueling protectionism. No more. Covid has hobbled and discredited him in the eyes of many who believe the pandemic was waved off instead of seriously addressed (as here). Now he’s a president with 25 million unemployed, a bottomless deficit, a recession, widespread civil unrest and a tone-deaf wife who just announced she’s revamping the Rose Garden while the president attacks TikTok. This week Trump Instagrammed a picture of himself golfing, smiling, and was savaged for it. Then he suggested delaying the election (the polls say he’s losing) and even his own party bosses laughed. Once again, this presidency will not end well.

So, yes, we have problems. Doesn’t everyone? But the facts remain. Markets have plumped. Investors are unscathed. The economy’s rebounding. The panic’s fading. There’s no solid evidence of a second wave or that assets will tumble again.

We should also have learned to ignore politicians. Leaders used to lead. Now they manipulate. So odd what a wee virus can teach.

153 comments ↓

#1 Chad on 07.31.20 at 3:06 pm

“ In the middle of a pandemic.”

Yawn.

#2 Jimmy Zhao on 07.31.20 at 3:19 pm

Part of this awakening we’re having as a society, a long awaited realization, is that it’s not just one side of the story that matters.
That ethics can be experienced very differently from one person to the next.

#3 Dolce Vita on 07.31.20 at 3:24 pm

OPTIMIST:
“The economy gained about 4.5% in May and it looks like a 5% advance in June.”

PESSIMIST:
May 2019 to May 2020 GDP % change = -13.8%.

OPTIMIST:
“In short it means the country’s total output is running *at about 90% of what it was back in *February”

PESSIMIST:
*at 100% of March 2012 GDP = $1.7 Trillion.

Garth, getting that extra 10% took 8 years 2 months, you might be jumpin the gun there. I’m just sayin’.

——————————-

Far right top corner:
https://www150.statcan.gc.ca/n1/daily-quotidien/200731/t001a-eng.htm

Change From: reference period to January 2012, click Apply, scroll horiz. like crazy:
https://www150.statcan.gc.ca/t1/tbl1/en/cv.action?pid=3610043401

#4 Chester in summer on 07.31.20 at 3:33 pm

My neice got the CERB, most money she ever made (received). What did she do with it? Bought an Apple watch….crazy times.

#5 Cottagers STAY THE HELL AWAY! on 07.31.20 at 3:33 pm

‘So odd what a wee virus can teach’

Too bad it can’t seem to teach inbred southern hillbillies to stay home and not strain the resources in cottage country, all across Canada.

https://www.660citynews.com/video/2020/05/22/vehicles-with-alberta-plates-become-targets-for-anger-in-b-c-border-towns/

What is wrong with those selfish, stupid people?

It’s gonna rain almost all weekend in Muskoka and the Kawarthas anyway.

Just.

Stay.

Home.

#6 dogman01 on 07.31.20 at 3:39 pm

“Leaders used to lead. Now they manipulate.”

I used to feel like a citizen, now it feels like I am seen only as a Consumer and Tax-Payer. Then spoken to like an Infant.

Garth – interested in your take on Conservative Leader race and whom would you vote for.

#7 MF on 07.31.20 at 3:40 pm

Epic post. I Remember when I said in April that most Canadians were trying to do their best to help out each other by donning masks, and trying to follow the social distancing rules as best they could. A poster responded with virtriol, suggesting I was wrong. How misguided that poster was. How completely out of touch.

Regardless of what trash is online, or whatever politics is going on, we Canadians have shown to be pretty unified. As I’ve mentioned a few times, I go some American forums and the attacks on each other are viscious. Can be because of where someone is from, their name, race, gender, doesn’t matter. It’s intense.

Great job Canada. A time to shine indeed. And we will.

MF

#8 dr talc on 07.31.20 at 3:42 pm

Polls are just an extension of MSM / The goal is to create a consensus that isn’t there. I got a call from one in late March, to ask about covid. They have my name and phone # and presumably my address. I declined to participate, the girl sounded disappointed and asked if there was anyone else she could ask, I said no. And, I’m in the well educated, affluent demographic. So who is talking to pollsters?
Well educated, affluent people are also more likely to be ‘anti vaxers’ which is supposed to an insult, it isn’t.

#9 Drunken Uncle Bob on 07.31.20 at 3:43 pm

Who drinks gin at breakfast?

Amateurs, that’s who!

#10 islander on 07.31.20 at 3:45 pm

https://www.investors.com/news/technology/palantir-ipo-multi-billion-dollar-deal-wrapped-in-an-enigma/

add another one to your list – if you can stomach it

#11 Brad on 07.31.20 at 3:47 pm

I do think Canada is in a position to outperform, but the PMs henchmen are hell bent on sticking it to savers and investors with the idea of a wealth tax. Home ownership in Canada is 70% and now there’s talk in Ottawa on an all out war on homeowners with the idea of a capital gains tax on primary residences floated by CMHC’s Evan Siddall!

#12 Dave on 07.31.20 at 3:50 pm

What does it take to reduce real estate by another 25%…or 18% stated by CHMC?

#13 Sail Away on 07.31.20 at 3:52 pm

#3 Dolce Vita on 07.31.20 at 3:24 pm

Pessimist: It can’t get any worse.

Optimist: Yes it can!

#14 Linda on 07.31.20 at 3:54 pm

Coronavirus will be an issue for some time to come. In the USA, where emotion (greed; denial) triumphed over reason (scientific facts) resulting in the current #1 position the USA holds regarding reported number of infections & deaths. Though Brazil is doing its best to catch up.

Eventually we expect to have a safe, effective vaccine. For this viral strain, anyway. Early days yet but I’m wondering how many of those who have recovered from the infection will discover that it was a gift that just kept on giving? Stroke, inflammation, blood clots, heart damage – none of that sounds like a real good time to me.

#15 AGuyInVancouver on 07.31.20 at 4:01 pm

Infrastructure spending? When did Trump do anything about infrastructure spending, other than just talking about it?

#16 Dolce Vita on 07.31.20 at 4:03 pm

Look it, Canada did well because:

1. Nobody in their right mind would travel there in January and its kinda ‘outta the way, right up there with Greenland or down there with New Zealand, Antarctica. For example, 1/4 of all Chinese tourists then came to Italia per the NYT.

2. It wisely closed its borders to the “Give me Liberty or Give me Death” Mary Mallon Americani (COVID-19 seeing that wish come true).

3. Canadians got the dung scared out of them and observed lock down, etc. protocols and late to the table I might add.

Blind, dumb luck and/or by design (sort of) #2 and #3 saved its ass since its health care system be it ventilators, PPE, etc. was woefully unprepared, underfunded. Probably still is.

So easy on the National chest thumping, most of it is unwarranted.

————————–

There WILL be a 2nd wave. History a good teacher. Few pupils.

AND DON’T count out the LITTLE PANDEMIC THAT COULD, it still has legs (and lungs). It’s been grossly UNDERCOUNTED thanks to National Hubris and Smugness.

For example a couple of days ago from INDIA:

Serological tests for New Delhi by their version of CDC found about 28% of a randomly selected group had COVID-19 antigens (basically how many were infected) in a sample size of 70,000 people.

New Delhi population about 22 million. No. of infections about 6 million per the serological data.

John Hopkins India reported infections: 1.64 million (I guess it slipped their mind to count the 6 million in New Delhi). Same goes for Russia, Brazil, etc.

————————–

So you see Garth, smoke and mirrors. National hubris, arrogance or just a plain shitty health care reporting system or both lulling people into a false sense of security (and Canadian blind, dumb luck).

So, the LITTLE PANDEMIC THAT COULD isn’t done yet and not receiving ENOUGH CREDIT, well from India thats for sure.

Mother Nature doesn’t care about human machinations or national hubris, she just is. But if she did and could read John Hopkins Word Infection numbers, she’d get pissed off and say:

You just you wait and see humanity, you arrogant little children born out of wedlock, you ain’t seen nothin yet…

#17 Inequity on 07.31.20 at 4:13 pm

#5 Cottagers STAY THE HELL AWAY!

I might have upset you and your wife/cousin when I called y’all hillbillies… but thats no reason to put down the banjo ‘n pick up the shotgun ‘n start holler’n “hillbilly” at all your neighbors to the south. lol

#18 JB on 07.31.20 at 4:17 pm

#5 Cottagers STAY THE HELL AWAY! on 07.31.20 at 3:33 pm

‘So odd what a wee virus can teach’

Too bad it can’t seem to teach inbred southern hillbillies to stay home and not strain the resources in cottage country, all across Canada.

https://www.660citynews.com/video/2020/05/22/vehicles-with-alberta-plates-become-targets-for-anger-in-b-c-border-towns/

What is wrong with those selfish, stupid people?

It’s gonna rain almost all weekend in Muskoka and the Kawarthas anyway.

Just.

Stay.

Home.
………………………………………………….
You need some professional help!
So take your own advice and just stay home.
OBTW Don’t come here for any medical treatments due to the fact that your little hospital in the neither-lands can;t handle your brain hemorrhage.

#19 mike from mtl on 07.31.20 at 4:17 pm

Well it is no surprise AirCanada is in trouble just like many other airlines. With outright international bans on non-citizens & working visas or defacto “go away” measures like mandatory quarantine, no events, air travel is not looking good.

I wouldn’t be so smug about Canada numbers, we had and still do, extremely restrictive personal movement, which in the US state land border closures and or quarantine would be politically impossible.

Plus even in places with allegedly zero cases for months, the bug eventually creep up.

#20 crowdedelevatorfartz on 07.31.20 at 4:26 pm

@#9 Drunken Uncle Bob
“Who drinks gin at breakfast?
Amateurs, that’s who!”

+++

Queen Victoria, when she was in her 70’s loved a large mug of brandy and boiled pork…….for breakfast……

#21 Overheardyou on 07.31.20 at 4:28 pm

Personally, I can’t wait for CERB to end to see what the real damage is.

#22 Hans J Klahm on 07.31.20 at 4:30 pm

Long time reader first comment : Garth please let me know where on earth you got those rose colored glasses !

Feel free to correct any errors. – Garth

#23 Greg Ellis on 07.31.20 at 4:37 pm

Hi: I think one key thing people don’t take into account is population density. Toronto, Vancouver, Montreal. That’s it. The U.S has many large cities, with problematic, densely populated cores. Also there are more temptations in several states which encourage socializing, such as beaches. Lake Ontario does not have the same allure as California or Florida beaches, which are numerous. As for Trump controlling the spread of the virus, the individual governors decide policies such as a mandate to wear masks. Several cities are burned, spray painted and looted regularly and the governors refuse federal help. But they do nothing. I guess the end game is the destruction will stop when there is nothing else left to destroy. Sounds like a plan. Lol.

We are so naive. – Garth

#24 Dolce Vita on 07.31.20 at 4:39 pm

You may have read in my last DIATRIBE the comment:

For example, 1/4 of all Chinese tourists then came to Italia per the NYT.

And yes, well established that in January it took just 3 of them to wreak devastation and misery on poor threadbare Italia lookin for a few tourist Renminbi.

You would assume sour grapes by me and Italia. Opposite. No blame game in the Italian MSM more like resignation, let’s beat the virus down and Italia has. Doing much better than other large population European countries, much better.

Personally I love them to pieces. Having travelled every region and island in Italia the most respectful and well behaved tourists that we get, by far, by a long country mile are the Chinese. Wide eyed, child like awe when they look upon Italia and its landmarks etc.

They sense, like any human being, that you like them. I cannot tell you how many times I have been asked by Chinese tourists to take a snap of them for the family album. It’s gotten so bad that when I would go to Firenze, I would bypass Piazza della Signoria (avoiding the snap shot requests). It’s not that I mind, they just have this habit of bowing to you after the deed is done which is embarrassing. Add grateful to the list of things I like about Chinese tourists.

Only downside, is if a pullman of them shows up at your hotel make sure you get to the restaurant for breakfast at the crack of dawn otherwise they will clean the entire breakfast food (Italian) clean, not a crumb or morsel left. So if in a line behind them, come back in an hour or so.

It thinks its great. They just go crazy over our food. And the do not waste it either. I have seen Chinese Grans pack away leftovers in neatly folded serviettes into their large bags. Waste not, want not.

So China when it as all over (not as in an Armageddon 2nd wave over) welcome back to Italia.

And for you CANADIANS, drop the Tilley Hats you look ridiculous to us, stop swimming in our millennia old fountains, stop hijacking our gondolas and then having to rescue your sorry asses with the Coast Guard and for the Love of God pick up your luggage after 11 PM, some of us actually live in this open air +2000 year old museum as you see it and would appreciate a good nights sleep.

And try to be more like the Chinese instead of your usual smug, know it all from TripAdvisor insufferable selves.

#25 Jake on 07.31.20 at 4:40 pm

Except for Shopify all those other high flyers are American. If the Feds let AC go under then might as well include West Jet and Transat to start as they will fall first. Air Canada was knocking it out of the park before covid. If they go under so too will the entire Canadian aviation industry.

#26 not 1st on 07.31.20 at 4:47 pm

The anti Americanism and TDS is getting tiresome. Canada is not a smaller version of the US so comparisons are useless. That’s an integrated first world economy with massive infrastructure linking all parts of it that Canada could only dream about. So yeah the virus didn’t spread in Canada because we have 5 regions that don’t want to talk to each other.

In about 8 weeks time there will be a vaccine for the risk takers and therapeutics for the rest of us. The US will have an infrastructure bill ready to go and dozens of companies repatriating while the hammer is put to commie china.

The US economy will not lag Trudeaus dumpster fire ever. And Trump will be re-elected.

#27 kingston boy on 07.31.20 at 4:51 pm

@#18 JB on 07.31.20 at 4:17 pm
#5 Cottagers STAY THE HELL AWAY! on 07.31.20 at 3:33 pm

‘So odd what a wee virus can teach’

Too bad it can’t seem to teach inbred southern hillbillies to stay home and not strain the resources in cottage country, all across Canada.

https://www.660citynews.com/video/2020/05/22/vehicles-with-alberta-plates-become-targets-for-anger-in-b-c-border-towns/

What is wrong with those selfish, stupid people?

It’s gonna rain almost all weekend in Muskoka and the Kawarthas anyway.

Just.

Stay.

Home.
………………………………………………….
You need some professional help!
So take your own advice and just stay home.
OBTW Don’t come here for any medical treatments due to the fact that your little hospital in the neither-lands can;t handle your brain hemorrhage.
—————–

don’t feed the troll/s

#28 Bill on 07.31.20 at 4:52 pm

Well done Garth. Many good points.
Poor Trump attacked since day one. He created a huge boost to the US economy but attacked for Russia Ukraine ect ect and all fake….Its a war of politics as the deep state wants control again. Nothing to do with anything but CONTROL.
They leftist are willing to destroy the country to regain power. I never liked Trump before but I believe there no other choice and his intentions are good but it doesn’t show that on the tube. He’s good for the USA and good for CND…IMHO. Watch what happens if Biden gets in :-( and T2 = scary. Cheers

How did so many people get so indoctrinated with this “left wants to destroy society” crap? It is patently untrue that the majority who care about racial and gender equality, the growing wealth gap or the expansion of health coverage are anarchists. They are your neighbors and perfectly entitled to their views which will, by the way, probably triumph. – Garth

#29 Dolce Vita on 07.31.20 at 4:54 pm

#13 Sail Away*

Pessimist: It can’t get any worse.

Optimist: Yes it can!

————————

*13 Sail Away Obama

To be honest Sail Away I’m like Garth, an eternal optimist, but the numbers are the numbers and reality is reality. We still have a big hole to dig out from under BUT I have faith in Canada, the LITTLE ECONOMY THAT COULD AND DOES.

It will see that $1.9 trillion Feb 2020 GDP number soon enough, maybe not as fast as Garth “David Farragut” Turner would like, but IT WILL. And I don’t think it will take 8 years to do it if you look at the May number vs. Feb 2011 vs. Feb 2020.

PS: good one.

#30 Joseph R. on 07.31.20 at 5:00 pm

#118 Orange Man….Orange on 07.30.20 at 11:59 pm
#74 Joseph R. on 07.30.20 at 6:45 pm
#59 Orange Man….Orange on 07.30.20 at 5:55 pm
This means that it will be impossible for the Democrats to push through a “Cheat By Mail” proposal

—————————————————————

What is the “Cheat By Mail ” proposal exactly? Any source to the said “plan”?

++++++++++++++++++++++

I’d tell you to Google “Cheat by Mail Voting” but the top 1000 results on Google would be articles by CNN telling you that “Cheat By Mail Voting” is the kindest, gentlest, fairest system in all the land.

————————————————————

My results were from:

latimes.com
nytimes.com
globalnews.ca
macleans.ca
observer.com
brookings.edu
whitehouse.gov
foxnews.com
washingtonpost.com
cnn.com

That’s the first page. Remember, Google uses your past search history to display your “personalized” results. If you are getting 1000’s of CNN hits, then that tells everyone here you seems obsess with CNN.

#31 Drinking on 07.31.20 at 5:01 pm

Garth I hope you are right. This winter will be round 2 and it will not be pretty. Cash out now and buy cheap if one survives in the next fiasco!
In my province cases and deaths are rising!

There is no valid reason to expect a big second wave. Rather infections will likely continue to pop up, be dealt with, and fade. Live with it. – Garth

#32 Bill on 07.31.20 at 5:04 pm

I second that JB
#5 Cottagers STAY THE HELL AWAY! on 07.31.20 at 3:33 pm
Like Garth say zero bugs in many areas. Powell River, Van Isle PERFECT… lots of summer things to do NO Issues. Feel free to enjoy.
If your so concerned grab a Scott air pack and you stay home and hide…..https://dalmatianfire.com/scott-scba/?gclid=EAIaIQobChMIiuechrL46gIVXD2tBh1y3gGfEAAYASAAEgKiE_D_BwE

#33 JSS on 07.31.20 at 5:05 pm

I’m physically back at work. Seems like none of my dress slacks fit me anymore. I spent the last couple of months working at home, wearing sweats and eating Doritos for lunch.

#34 Andrewski on 07.31.20 at 5:06 pm

Great post Garth. Enjoy the long weekend all. Heading to the cottage to find Cottagers stay the hell away & cough on him, Lol. Gin for breakfast is great in a Caesar!

#35 Camille on 07.31.20 at 5:08 pm

Gee I don’t know. I don’t drink gin for breakfast except on Sundays, and only because I listen to God save the Queen on the radio. And that’s not till eleven.

#36 Ponzius Pilatus on 07.31.20 at 5:08 pm

We should also have learned to ignore politicians. Leaders used to lead. Now they manipulate. So odd what a wee virus can teach.
—————–
This is true for the United States and Brazil, where incompetent leadership has been disastrous.
However, many countries, including Canada, had competent leadership that guided them well through the first 6 month of the pandemic.
This is not over yet, but so far the majority of Canadians are satisfied with the job that Trudeau has done by listening to and supporting the experts.

#37 Haters gonna hate on 07.31.20 at 5:09 pm

#14 Linda on 07.31.20 at 3:54 pm

Coronavirus will be an issue for some time to come. In the USA, where emotion (greed; denial) triumphed over reason (scientific facts) resulting in the current #1 position the USA holds regarding reported number of infections & deaths. Though Brazil is doing its best to catch up.

————————————–

Factually correct reporting…. but inexorably misleading at the same time.

USA is NOT in #1 position when the numbers are pro-rated; in fact, they rank #10 on both counts. That’s like me saying that the GDP of USA was $21.5T in 2019 but Canada was only $1.74T. True, but relatively meaningless without proper context. I. E. population

Once again, you have done a wonderful job of distorting facts to fit your narrative….you know the one… Greed and denial.

#38 YouKnowWho on 07.31.20 at 5:12 pm

US: 4590k and 155k deaths
CAN: 115k and 9k deaths

So 40x infection and 17x deaths? Looks like 200k more deaths are in the forecast to make these ratios click.

…but CDC isn’t collecting data anymore, so who knows about those numbers?

#39 DogDayAfternoon on 07.31.20 at 5:15 pm

Make way…. I’m coming through.
Fools to the left, pessimists to the right!
If you are both, stand still and I’ll knock you over!

#40 AM in MN on 07.31.20 at 5:21 pm

When the analysis is done, they will find that air conditioning played a big part in this. People indoors, especially tight spaces with unfiltered air being re-circulated, like a NYC subway car, filthy old hospital or down south now where everyone lives in air conditioning.

Check out what is involved in air ventilation standards for flow and filtering in a new hospital in order to control infections. Then check out what exists in so many old HVAC systems.

Where people spend a lot of time outdoors, the infection rates are low, assuming they’re not jammed into an outdoor nightclub.

The northern climates will get hit again when it gets cold and everyone huddles indoors in sealed buildings that tend to make people sick in a normal year.

Orange man bad will get re-elected because the alternative is a level chaos and corruption that would have serious consequences for the future of the nation, and the suburban women that will decide the election will hold their nose and hit R when it comes to that.

Remember when WAC Bennet won 7 BC Elections for Social Credit in the 50’s and 60’s yet no one ever said they voted him. They coined the term “the 5 second Socred”. Same thing will happen in the US.

The long term changes are also good, making people focus on what is important (family) and what isn’t (pro sports). One you need, one you don’t.

At some point business travel needs to come back if the economy is to grow again. Sales and business formation can hunker down and blow through the backlog for a while, but the borders need to open up again for business travel or else it really will grind down.

#41 akashic record on 07.31.20 at 5:24 pm

The European Commission said Friday that it had given conditional approval to French engineering giant Alstom buying Canadian train-maker Bombardier Transport

#42 Ronaldo on 07.31.20 at 5:25 pm

There is no valid reason to expect a big second wave. Rather infections will likely continue to pop up, be dealt with, and fade. Live with it. – Garth
—————————————————————-
Exactly.

#43 Bill on 07.31.20 at 5:25 pm

“There is no valid reason to expect a big second wave. Rather infections will likely continue to pop up, be dealt with, and fade. Live with it. – Garth”
Yup! Its not the Ebola virus. Lock down and control’s way overdone. I see peeps in their cars with masks and only 1 dude in the vehicle lol.
People got screwed over by a clueless government. Not many peeps can think for themselves…sadly… your gov wants it that way..Fear controls. You know the ozone…climate change fake crap. You know what destroy ancient Egypt? CLIMATE CHANGE…It was mostly tropical…now desert. Maybe camel farts?

#44 akashic record on 07.31.20 at 5:25 pm

No more masks.

#45 Leftover on 07.31.20 at 5:31 pm

An Air Canada bailout would, unfortunately, be the Canadian way. But so unnecessary.

It’s a private company with shareholders who accepted a risk. Countries don’t need a “national” carrier. Whatever emerges from the ruins will hire enough people to meet actual demand for air travel. No zombies.

Some pain, but a rational outcome. But don’t expect to see it.

#46 Russ on 07.31.20 at 5:32 pm

We are working steady on the Island here. Busy enough that I have only had 2 weekends off since the middle of May.

Last Saturday morning I left early and stopped at the Liquor Store to pick up lunch.

I didn’t finish lunch until 8:00 PM.

#47 Bill on 07.31.20 at 5:39 pm

#36 Ponzius Pilatus on 07.31.20 at 5:08 pm
Really??? You know how many time T2 contradicted himself!? My lord. YOU stay home while he takes the fam on a holiday mid crises…He stammers studders when he speaks, closes parliament so he doesn’t have to answer any critical questions. Gave them-self raises, holidays. NO OVERSIGHT on anything. AND a Pi$$ poor liar… My god you must work for Bombardier?!
Listen to Michael Campbell and many others REPEAT over and over that we HAVE NO LEADERSHIP….When you reward failure like Bombarier YOU ARE THE PROBLEM. Weak companies should fail. I would have to say You know squat about business. Run a country LIKE a business. If I ran mine like hes running this country the creditors would have eaten me. Owe ya… I carry no debt so they cant in hard times I smile..

#48 Greg Ellis on 07.31.20 at 5:46 pm

You are naive, Garth, if you think cities like Portland under Democrat leadership, which has been pillaged for 60 days, is experiencing peaceful protesting. Stop using CNN and the CBC to get your news. The smug Canadian attitude is putting cities like Toronto on the same crime path as US cities, with the same inner city problems and rising homelessness. We used to say in the 60’s, ” What if Toronto becomes like Detroit? “. Ha ha. Impossible. The gap is narrowing very quickly.

#49 cramar on 07.31.20 at 5:46 pm

The cratering of the U.S. economy by 33% (as mentioned here yesterday) has erased economic gains for the past 5 years, which includes the entire Trump Presidency. Fat chance he will get elected.

As for the border closure, the Windsor paper had an article on this a few days ago. Two takeaways:

1) Surprisingly, truck traffic for June across the Ambassador bridge was only down 9% from the level a year ago. So commerce is still happening bigly. Non-essential car traffic has been decimated of course.

2) There is little political appetite from both the U.S. and Canada for opening the border, until after the Nov. 3 election. A poll of Canadians showed 90% want the border kept closed. The consensus of experts is that it will be the end of the year, or 2021, before the border is fully open.

Yah! Keep Trump’s “American Virus” in America.

#50 Dolce Vita on 07.31.20 at 5:51 pm

#26 not 1st

Tend to agree on the America comparisons and bashing, the latter at times myself.

To be honest, the Free World needs a healthy and strong America to protect it, simple as that (this from the son of Italian Partisan WWII parents eternally grateful when Uncle Sam rolled thru their neck of the woods and a well behaved army they were, my parents said they were the kindest of all Allied soldiers…and they hid many Allied soldiers, airmen, they ought to know…why the Italian song “Bella Ciao” means much to me especially on our Liberation Day).

Canada needs to be itself, Tilley hats, poutine, Beavertails, hockey pucks, Orcas and all, and stop comparing itself to Americans or others. Obsession with South of the border seems its pass time. Time to be yourself Canada and stop comparing.

The vaccine will not come out until next year and it will take awhile to vaccinate billions of humanity, well, those that want to be vaccinated (60% of Americans, 70% of Canadians – Italians, probably every last one of us after what we’ve been thru). And I doubt very much it will be 100% effective (Common Cold a coronavirus, Influenza vaccine only 2 main strains and their offshoots, medical people have been at it for awhile and still only 40-60% effective on average).

So America, it’s an election year, try to keep it together if you can and don’t forget that you need to get better fast (the Free World needs you, e.g., South China Sea US Aircraft carrier fleet letting China know it cannot bully smaller neighbor nations trying to enforce its invalid offshore claims in a resource grab).

All the best to you America and ya, I’ll say it:

All the Way USA.

And for the Love of God, get better yesterday.

#51 Sail Away on 07.31.20 at 5:53 pm

I was missing IHCTD9, so it’s good to see him in the blog picture.

With a new… Doodle maybe?

#52 Bill on 07.31.20 at 5:57 pm

Again NO LEADERSHIP rather we are the most indebted country in the G7….We should have stacks of cash and arguably one of the riches nations on earth. T2 buys a pipeline then crushes it and the oil industry along with many fine folk in Alberta. You know how to destroy a country? Rack up unplayable amounts of debt and seek MORE taxes…ie you prince residence could be next. I could go on for hrs but Garth needs a break. Have a great long weekend!

#53 akashic record on 07.31.20 at 5:59 pm

Remix: It is patently untrue that who care about racial and gender equality, the growing wealth gap… has to be a member of militant, vocal organizations, protesting on the streets.

We already have racial and gender equality in the laws – how do you propose to legislate against growing wealth gap, Garth?

#54 Dolce Vita on 07.31.20 at 6:06 pm

#42 Ronaldo

Spanish Flu, 1918–1920, 3 waves.
Plague of Justinian, 541–542, beginning of First plague pandemic.
Black Death, 1346–1353, 2 waves or more?
Third plague pandemic, 1855–1960.
Antonine Plague, 165–180 (possibly up to 190)
Plague of Cyprian 250–266
Third cholera pandemic 1846–1860
1889–1890 flu pandemic 1889–1890
Sixth cholera pandemic 1899–1923
HIV/AIDS pandemic, 1981–present
.
.
.
etc.

Almost forgot:

COVID-19 pandemic 2019–present (1st wave)

—————————-

“There is no valid reason to expect a big second wave.” -Exactly.

-History:

“I have few pupils.”

#55 Toronto_CA on 07.31.20 at 6:10 pm

I *really* think you’ve got to be nuts to think Canada is coming out of this smelling like roses economically. And the worse the USA does, the rest of the world takes it on the chin for that.

Time will tell, but I would not be gloating at all at this stage.

As the Imperial College said, lockdowns don’t save people from the virus unless you keep them going until a cure is found. All they do is delay…flatten the curve if you will. The infections and deaths will come along once borders open and lockdowns are taken away. As the world will find out.

#56 dogman01 on 07.31.20 at 6:11 pm

Left & Right
Most people are moderate on the left right spectrum, it is our MSM that continues to showcase the wackadoodle extremists whom get so much of our attention and further alienate moderates.

The Moral Mind – Jooathan Haidt
https://www.ted.com/talks/jonathan_haidt_the_moral_roots_of_liberals_and_conservatives?language=en

Liberal values:
Harm\Care
Fairness\Reciprocity

Conservative values:
Harm\Care
Fairness\Reciprocity
In Group\Loyalty
Authority\Respect
Purity\Sanctity

The perennial conservative concern about high taxes supporting a non working underclass has entirely legitimate roots in our evolutionary past and shouldn’t be dismissed out of hand. Early hominids lived a precarious existence where freeloaders were a direct threat to survival, and so they developed an exceedingly acute sense of whether they were being taken advantage of by members of their own group.

By the same token, one of the hallmarks of early human society was the emergence of a culture of compassion that cared for the ill, the elderly, the wounded, and the unlucky. In today’s terms, that is a common liberal concern that also has to be taken into account.

These two driving forces have coexisted for hundreds of thousands of years in human society and will never be resolved because each side represents an ancient and absolutely essential component of our evolutionary past

#57 Orange Man....Orange on 07.31.20 at 6:14 pm

DELETED. You are done here. – Garth

#58 Yukon Elvis on 07.31.20 at 6:15 pm

How did so many people get so indoctrinated with this “left wants to destroy society” crap? It is patently untrue that the majority who care about racial and gender equality, the growing wealth gap or the expansion of health coverage are anarchists. They are your neighbors and perfectly entitled to their views which will, by the way, probably triumph. – Garth
…………………………..

It was probably the looting and burning and tearing down ancient statues as shown the nightly news in many American cities. Maybe also Antifa, defund the police, etc. You know…little things like that.

Vocal, irrational, indoctrinated, prejudiced minorities exist on both sides of the debate. My comment was about the majority. – Garth

#59 Billy Buoy on 07.31.20 at 6:18 pm

As the Brits say…”Early days, early days.”

#60 Piano_Man87 on 07.31.20 at 6:21 pm

I still remember when in March, Trump said they had the virus well under control. It would be gone by April.

I wouldn’t want this man to run my dishwasher.

#61 FreeBird on 07.31.20 at 6:25 pm

Interview with livid and impassioned frontline MD on hydroxycloroquine for cov19 and Fauci. Maybe we’ll see more from other MDs or front line staff?

https://youtu.be/QZjzKbl13y0

#62 Brian Ripley on 07.31.20 at 6:25 pm

“The revolution is in full swing.” Garth

Yeah… my July 26th post “Real Estate Repurposing” makes the point that there is a call for repurposing offices especially in older buildings that suffer from inefficiencies.

Link and charts: http://www.chpc.biz/history-readings/real-estate-repurposing

Recent polling from McKinsey & Company: “…some organizations could reduce their real-estate costs by 30% or almost eliminate them if they shifted to a fully virtual model.”

Recent polling from ​Angus Reid: “38% of respondents said they are doubtful that their own jobs will return or are convinced that those positions are gone for good.”

Included in my post is a list with links of recent news items on real estate repurposing:

​ITEM: July 07, 2020 Bloomberg via DailyExpress.com
​Banks are ditching London offices and not just because of virus.

ITEM: June 09, 2020 TheRealDeal.com
City planning through a pandemic: How the response to Covid-19 could redefine NYC neighborhoods and shape land use decisions in the future.

ITEM: June 3, 2020 Thomson Reuters/Bloomberg via JapanTimes.co
Rethinking the world’s largest cities in wake of COVID-19.

ITEM: May 28, 2020 WolfStreet.com
The Office Tower Landscape is About to Be Remade and the accidental discovery that many businesses are 90% efficient with employees working from home.

ITEM: May 3, 2020 TechCrunch.com
Let housing rise from the empty offices and malls.

ITEM: APRIL 23, 2020 NewsRoom.co.nz
Covid-19 an opportunity to tackle our housing crisis.

ITEM: April 23, 2020 pbcToday.co.uk
Reskinning as a solution to London’s housing shortage.

ITEM: April 03, 2020 CoStar Group Inc. via LoopNet.com
5 Ways Coronavirus Will Drive Future Office Development.

ITEM: 27 March 2020 DeZeen.com
American Institute of Architects to offer advice on converting buildings into healthcare facilities.

#63 Farm Boy on 07.31.20 at 6:28 pm

Mark Twain said, “If voting made a difference, they wouldn’t let you do it.”

#64 Dolce Vita on 07.31.20 at 6:30 pm

Canada I’d say doing MUCH better in GDP than the European Union (+4.5% m/m, -13.8% y/y), this out today by Eurostat:

GDP down by 12.1% in the euro area and down by 11.9% in the EU. -12.1% in Q2 2020, -15.0% compared with Q2 2019 (technically, UK still in the Union and counted).

Another reason I think it will take awhile for Cdn. GDP to recover to near $2 trillion of Feb 2020 from May $1.7 trillion as exports are about 1/3 of Cdn GDP. CERB consumer spending will not make up that $0.3 trillion gap any time soon.

To get back to that $2 trillion could take a few years. What with developed nations in such a hole GDP wise (Japan just declared a recession in the last few days).

Chart:

https://i.imgur.com/1ini2Wq.png

Source:

https://ec.europa.eu/eurostat/en/web/products-press-releases/-/2-31072020-BP

#65 Faron on 07.31.20 at 6:30 pm

#30 Joseph R. on 07.31.20 at 5:00 pms

If mail-in voting is seen to be a bad thing. Fine, lets work with that starting point.

How can the voting system be improved to allow for COVID avoidance while not restricting voting access? Better yet, how can we maximize enfranchisement? Or, what can be done to ensure mail-in is safe? We are an advanced society with (waning) technological prowess. There has to be a way to enable safe, easy, fair and legal voting with the tools at hand that also maximizes turn out.

That search will not happen. Trump fears a high turnout because he will lose. He fears mail in because of that and because it would allow early voting that will likely come when econ conditions are the worst. Fraud is a thin and tattered veil over those intentions. And you are buying it.

#66 Born in Hamilton on 07.31.20 at 6:37 pm

““I hope they keep the US border closed a long., long time,” Brenda said to Bandit and I while on our morning walk. Most people are repeating that. And the airline is being crushed as a result.”

That’s not the reason why. In normal times, only a small fraction of Air Canada’s revenue seat miles are from flights going to and from the U.S. The vast majority of AC’s business is from flights within Canada itself and to/from overseas destinations. People ain’t on them planes either.

#67 Dolce Vita on 07.31.20 at 6:46 pm

“Vocal, irrational, indoctrinated, prejudiced minorities exist on both sides of the debate…” -Garth

No truer words were said.

A half hour on Twitter sees that thru. Provided of course, you subscribe to both sides of the story and not only those of a personal narrative.

For each tit for tat epitaph from 1 end of the spectrum there is another to match it from the other end of the spectrum. Back and forth. To and fro. Each as seemingly forthright as the other. Without end.

Fanatic vitriol, nothing more.

#68 ronh on 07.31.20 at 6:51 pm

You’re richer than you think.

https://www.zerohedge.com/markets/scotiabank-sell-us-political-dysfunction-stalled-stimulus-souring-jobs

#69 aW on 07.31.20 at 6:51 pm

#16 Dolce Vita

If what you say is true (and I don’t doubt that it is), then the death-rate of this virus is approximately what? Roughly the same as HPV? What a joke.

#70 Sail Away on 07.31.20 at 6:59 pm

#58 Yukon Elvis on 07.31.20 at 6:15 pm

How did so many people get so indoctrinated with this “left wants to destroy society” crap? It is patently untrue that the majority who care about racial and gender equality, the growing wealth gap or the expansion of health coverage are anarchists. They are your neighbors and perfectly entitled to their views which will, by the way, probably triumph. – Garth

—————

It was probably the looting and burning and tearing down ancient statues as shown the nightly news in many American cities. Maybe also Antifa, defund the police, etc. You know…little things like that.

—————

Haha, yep. There is no doubt that conservatives are doing everything in their power to conflate recent irrationally crazy extremist tactics with the entire opposition party.

And don’t forget CHAZ/CHOP: lay claim to land, kick out police, act ok for a few days, then start raping, shooting, killing and gangsta-ing.

This is why the election is in doubt. Many don’t agree with Trump but disagree more with violent and erratic tactics the far left outliers are using.

#71 Annek on 07.31.20 at 7:04 pm

Medical fact: vaccines are not as effective in the elderly as in young people due to decreased immune response.
So even if we have a vaccine for SARS Cov2 ( Covid 19) the vulnerable population ( the elderly) will not be as well protected.
An you have anti “ Vaccers” to add to this.
Only a small population has been affected so far in Canada. There will be a second wave and it may happen before a vaccine is available. Even if there is a vaccine , we still have the dilemma of the elderly being vulnerable.
As well, did anyone realize that even though the Covid is rampant in the US now, they may reach herd immunity sooner than Canada. Then the economy in Canada may not be so rosy. Mr. socks cannot keep on giving CERB. The money machine is not bottomless.
That is my opinion.

#72 Nonplused on 07.31.20 at 7:06 pm

One area of the economy that has been booming in the last 2 months: RV sales. It kind of makes sense since nobody wants to stay in a hotel or go on a plane. But I don’t know where everyone thinks they are going to park those things, they build RV’s a lot faster than new sites come on line. In the old days the government built very nice campsites with the hope of developing local tourism, but they haven’t been in that business since the 70’s, so it is largely up to private developers who cram the RV’s in like sardines in a can. The economics of a private RV park are pretty good, I calculate about a ten year payback, but the up front costs are substantial. So many private operators use a long term lease or purchase model. That means one site = one RV, whereas a government campground one site can host anywhere from 12 to 20 RV’s over a season.

We have an RV and getting a decent reservation was hard before covid. This summer it has been near impossible.

Oh and guess what the new “must have” feature is in the RV world? Work stations. If you can work from home you can also work from not at home as long as there is wifi. We modified our RV for remote working some years ago and it works relatively well, sometimes I have to run the generator but often the solar keeps up. Then you knock off work early and get on the boat or go for a hike. Or golfing. Or zipline. Or float down the river.

#73 I like a man with a big wallet on 07.31.20 at 7:17 pm

Yeah long weekend!

Ok, Garth – second serious wave, definitely happening!

Cottage guy – sorry but I’m headed up soon for some serious fun!

Dolce Vita – I don’t think you even actually live there.

JSS – my pants don’t fit either, but I don’t think in my case, anyone is complaining.

Hans – please make that your first and last post.

Sail away – who cares.

xoxox

#74 Stone on 07.31.20 at 7:18 pm

#58 Yukon Elvis on 07.31.20 at 6:15 pm
How did so many people get so indoctrinated with this “left wants to destroy society” crap? It is patently untrue that the majority who care about racial and gender equality, the growing wealth gap or the expansion of health coverage are anarchists. They are your neighbors and perfectly entitled to their views which will, by the way, probably triumph. – Garth
…………………………..

It was probably the looting and burning and tearing down ancient statues as shown the nightly news in many American cities. Maybe also Antifa, defund the police, etc. You know…little things like that.

Vocal, irrational, indoctrinated, prejudiced minorities exist on both sides of the debate. My comment was about the majority. – Garth

———

Don’t worry Garth. Just tough it out until after the US election in November and Trump is voted out. At that point, the crazies will slink back into their cesspools and things will go back to normal. Well, as normal as normal can be.

In the meantime, here’s a hug. Hug!

If you need another hug, just let me know. They’re free.

#75 KAC on 07.31.20 at 7:19 pm

DELETED. (No Breitbart on this site.)

#76 Do we have all the facts on 07.31.20 at 7:20 pm

Optimism is a dish best served in small portions.

Better to wait for all the distressed shoes to drop before ordering champagne.

I am afraid the road to recovery in Canada will have to be paved with more than sanguine forecasts.

#77 Nonplused on 07.31.20 at 7:22 pm

#5 Cottagers STAY THE HELL AWAY! on 07.31.20 at 3:33 pm

Just.

Stay.

Home.

———————-

Maybe we will. Permanently. Your hostility will not soon be forgotten. And stay out of my Costco!

#78 Nonplused on 07.31.20 at 7:32 pm

#15 AGuyInVancouver on 07.31.20 at 4:01 pm
Infrastructure spending? When did Trump do anything about infrastructure spending, other than just talking about it?

——————

Well, there is the wall. But Trump could only do that by diverting military spending since it is a national security issue. Trump can’t enact a budget without congressional support and so far since 2018 he hasn’t had it. So blame the house and the Dems who control it.

#79 Pharmageddon on 07.31.20 at 7:33 pm

They have given themselves enough rope:

https://twitter.com/CTVNews/status/1288907122818854913

#80 Spock on 07.31.20 at 7:40 pm

The funeral of John Lewis with all the hundreds attending while normal folks have to bury their relatives alone. Obama making a mockery of eulogies by bring up politics and Fauci refusing to say that protests should be banned if you do not want folks to come together but church gathers cannot happen.

The bias against Trump is growing each day in the writing. Maybe a copy and paste each post to save the trouble. Obama’s wife loved and praised Weinstein but that is okay but Trump’s wife should be attacked. Amazing.

The planes from China and other countries still coming in. China must have something on Trudeau.

Live long and prosper __/\__

Either way carry on the good work of educating the sheep.

#81 Faron on 07.31.20 at 7:41 pm

Garth, thanks for the blog, the forum and your injections of moderation and sanity where needed.

To everyone in AB, BC, SK, ON, NB, NU: happy long weekend! I’m out of quarantine as of tomorrow and off to spread bugs all over southern BC with my partner and our aging hound.

#82 Nonplused on 07.31.20 at 7:42 pm

“How did so many people get so indoctrinated with this “left wants to destroy society” crap? It is patently untrue that the majority who care about racial and gender equality, the growing wealth gap or the expansion of health coverage are anarchists. They are your neighbors and perfectly entitled to their views which will, by the way, probably triumph. – Garth”

Yes, true dat. But unfortunately socialism doesn’t work. It can’t work. It is against the laws of nature when dealing with any group of people larger than a closely related tribe.

It is not capitalism that failed, and we don’t really have a lot of that anymore anyway. It is socialism that is failing. But it is only going to get worse.

#83 Keyboard Smasher on 07.31.20 at 7:49 pm

Trump will be re-elected.

#84 TurnerNation on 07.31.20 at 7:53 pm

Well folks a smile is the universal currency.
They can’t take that away from us right?
Oh…

#85 Nonplused on 07.31.20 at 8:01 pm

#64 Faron on 07.31.20 at 6:30 pm

The best choice for remote voting would be through the IRS or CRA sites. Tied to your social security number and all the electronic protections. Unfortunately, the CERB and equivalent in the US has proven that they aren’t quite ready to go, and it is also a problem for people that don’t at least have access to a smart phone.

But it will come. Soon banks will be able to use your debit card to allow you to vote. If you use 2 debit cards to vote twice you’ll go to jail and the computers will cancel one vote before the tally is done. It’s coming. That is why “vote by mail” is so important this cycle. It is the last chance that unverified votes can be counted so if the Dems want to steal the election it is their last chance. By 2024 it will be one social security number, one vote. No social security number, no vote. Absentee votes will also be a thing of the past since you can vote through your bank or CRA account from anywhere there is wifi. Trump is correct, mail in voting is an attempt at fraud and the systems exist already to do a secure vote without paper mail in ballots. Strange that nobody is working on that since the infrastructure already exists. Who doesn’t file their taxes on line anymore? Surely the CRA could put the vote buttons up on your account in a week including testing. And no, don’t give me that stuff about how many people don’t have a CRA account. Who? Best if they don’t vote.

#86 AB on 07.31.20 at 8:03 pm

#5 Cottagers stay away
Perhaps you should move to BC, you would feel right at home with the hillbillies there. We have 3 million in the bank, house in Alberta paid for , sold the BC recreational property, found a beautiful friendly place to relax and love all Canadians.
We drive a ten year old Corolla and 12 year old truck. We have laminate countertops and old white appliances. We are not big shots, but will not starve in retirement. If you are a troller, well I guess I fell for it. If not, leave the folks in Toronto alone. People need a break.

#87 Barb on 07.31.20 at 8:09 pm

“….The kids are going back to school. ”

——————————
On CBC radio a few days ago, the host interviewed a teacher and asked whether kids should go back to school full time in September.

The man replied: “We haven’t had enough time to consider it.”

Really.
5 months off isn’t enough to consider going back to school? My gawd…

#88 AB on 07.31.20 at 8:12 pm

Our three million is balanced and diversified as per Garth.
“ in the bank” was just a general term. Enjoy the long weekend all!

#89 Long-Time Lurker on 07.31.20 at 8:14 pm

>Louie Gohmert update. This is his public statement where he said he tested positive for Covid. He said he feels tired. I think he said he doesn’t have other symptoms and that he hasn’t started taking Hydroxychloroquine (HCQ) yet.

>I’m more optimistic than I was at the beginning of the year. Covid-19 (Wuhan-400) was a big unknown before. Now we have five months of experience with it.

https://www.worldometers.info/coronavirus/

says 682,192 worldwide deaths so far. Wuhan-400.

Rep. Louie Gohmert speaks to Sean Hannity after testing positive for COVID-19

Jul. 30, 2020 – 4:03 – Gohmert was planning on traveling to Texas with President Trump before his coronavirus test came back positive.

#90 Flop... on 07.31.20 at 8:15 pm

Well, it’s the end of the month, let’s get this party started!

Not sure how high on The Blatherers Billboard I will finish this month.

Don’t feel like I posted that much, it was brought to my attention that I posted 65 quality posts last month.

Feels like less this month, but I could go on a late charge until I see the word QUOTA.

All time Blog Billboard, I must be fairly high by now.

The are a few first year apprentices on here making some noise, but they have 15,000 posts and 4 years to go to become a blog tradesman…

M46BC

#91 truefacts on 07.31.20 at 8:23 pm

Forget investing. Start a charity if you want REAL money. According to this story, the WE guys have over $50 in Toronto properties…paying a few hundred grand to various Trudeau family members would be chump change..

Link removed

Garth – I know you don’t like these news guys – but if there is another media outlet showing this, I would post it…I don’t think these guys need to hide behind you to keep the facts from people???

Canadaland published the story first. A more credible version. – Garth

#92 Dina Polliveri on 07.31.20 at 8:26 pm

I have a good friend who works in finance in the Canadian government and he is hearing rumors about a mortgage renewal, mortgage transfer tax.

She told me it will be in the 0.25% range maybe a bit higher on the total mortgage amount as it is like similar to the lawyer fees charges when you close on your house, condo purchase. We will see if this happens.

I know from a real estate agent, colleague in New York state i known for years and they have a mortgage registration tax of 50 cents per $100 and it there are more even higher tax rates but i can’t remember. Just google new york mortgage tax. It explains alot there.

#93 Nonplused on 07.31.20 at 8:38 pm

#85 AB

I’m over quota for today but it is too hot to go outside.

Cottagers stay away is a troll. But that he/she/it/they/zee is a troll is not the question, the real question is why is he/she/it/they/zee commenting on this site, which is mostly financial and glorifying dogs.

He/she/it/they/zee is obviously a socialist and thinks the ice cream store will stay open once the tourists are tired of having their cars keyed. Typical socialist. “No soup for you!” And no ice cream either. He/she/it/they/zee is killing he/she/it/they/zee’s own livelihood and can’t connect the dots.

BC is a nice place to visit if you don’t have to interact with the locals. But Alberta does not need BC. I won’t be back, because I am deeply offended, and we have our own mountains.

Anyway peace out.

#94 AM in MN on 07.31.20 at 8:40 pm

DELETED

#95 Flop... on 07.31.20 at 8:44 pm

Lucked Out.

I never really got that one.

Where I come from, that would mean you ran out of luck, not a positive thing.

Anyway, a while ago after getting bored with my TFSA, my wife gave me free reign with her.

After deciding not to put the same types of funds in, my wife’s fund is crapping all over mine, thanks to precious metal fund, global tech fund and reits being the main difference.

Garth wrote a post the other day that if you had benefited from the gold run up, you know what to do.

I thought it was going to be a hard sell, but 50% of the precious metal fund got sold off today and she pulled out the hedge trimmer on the global tech fund as well.

With my post last night regarding Australia getting Facebook and Google to pay for news content, probably won’t cause too much of a ripple anytime soon, but if a precedent is set, and it goes global, which could easily take 4/5 years, then surely this will affect profit margins and stock price.

I don’t use much of the FANGS as a lot of people I know, so my behaviour was not be to try and rally them.

5 years is a long time in that business, probably be a whole new set of jumbled soup to pronounce by then.

Unless they luck out…

M46BC

#96 Ronaldo on 07.31.20 at 8:56 pm

#46 Russ on 07.31.20 at 5:32 pm
We are working steady on the Island here. Busy enough that I have only had 2 weekends off since the middle of May.

Last Saturday morning I left early and stopped at the Liquor Store to pick up lunch.

I didn’t finish lunch until 8:00 PM.
===================================
Whoa. I could never it that much lunch.

#97 Cici on 07.31.20 at 8:57 pm

Maybe “The projections made in March by scaremongering politicians (like our health minister – heard from her lately?)” are the main reason why the virus was contained and controlled here rather than spiralling out of control as it did down South.

It seems you even made that the same observation:

Says a Bay Street bank economist, correctly: “The
good news is that the cautiousness has kept virus
cases under control north of the border, suggesting
Canada’s economy is in a position to outperform that
of the US in Q3.”

Sometimes, like when you don’t know exactly what you’re dealing with, it pay$ to err on the side of caution. And there’s nothing guaranteeing that a second wave won’t hit, as there are still many cases of community transmission happening in several provinces.

However, if the general populace continues to respect health guidelines (hand washing, social distancing and mask wearing) and governments continue to uphold measures to contain the spread, we’ll probably be fine until the New Year, when hopefully a vaccine will be on the market.

Of course, if cases start going down enough, a really good screening app may make domestic air travel possible again even without a vaccine?

#98 Ejy on 07.31.20 at 9:03 pm

RE #24 Dolce Vita
What they are doing is packing their lunch and supper (unless supper is included in their tour package) from the buffet. Western tourists do this too, depending on the person.

#99 FreeBird on 07.31.20 at 9:14 pm

Sincere apologies for MD video. I obv didn’t vet it enough but will make sure to in future. Happy long weekend everyone.

#100 it cant happen here! on 07.31.20 at 9:18 pm

The future:

https://fakeotube.com/video/327/world-economic-forum-31.7.20?channelName=Fakeologist

#101 IHCTD9's Psychiatrist on 07.31.20 at 9:22 pm

51 Sail Away on 07.31.20 at 5:53 pm
I was missing IHCTD9, so it’s good to see him in the blog picture.

With a new… Doodle maybe?”
—————————————————————–

You do know that IHCTD9 is also Cottagers Stay Away and Toronto Hater/Maple Leafs 52 years of Incompetence?

#102 Felon Musk on 07.31.20 at 9:25 pm

#45 Leftover on 07.31.20 at 5:31 pm
An Air Canada bailout would, unfortunately, be the Canadian way. But so unnecessary.”
——————————————————————

Every advanced country has its zombie companies. Japan leads the way. Air Canada is one of ours…

#103 Flop... on 07.31.20 at 9:25 pm

Not sure how high on The Blatherers Billboard I will finish this month.

Don’t feel like I posted that much, it was brought to my attention that I posted 65 quality posts last month.

Feels like less this month, but I could go on a late charge until I see the word Quota.

All time Blog Billboard, I must be fairly high by now.

The are a few first year apprentices on here making some noise, but they have 15,000 posts and 4 years to go to become a blog tradesman…

M46BC

#104 In Garth, Not God We Trust on 07.31.20 at 9:29 pm

How did so many people get so indoctrinated with this “left wants to destroy society” crap? It is patently untrue that the majority who care about racial and gender equality, the growing wealth gap or the expansion of health coverage are anarchists. They are your neighbors and perfectly entitled to their views which will, by the way, probably triumph. – Garth
——————————————————–

Hear, hear captain Garth!

#105 truefacts on 07.31.20 at 9:31 pm

Thx for the link – here’s the post again with the link…

Forget investing. Start a charity if you want REAL money. According to this story, the WE guys have over $50 in Toronto properties…paying a few hundred grand to various Trudeau family members would be chump change..

https://www.canadalandshow.com/kielburger-family-real-estate-empire-and-recent-deal-with-city-of-toronto/

#106 At My Lovely Cottage for the Long Weekend! on 07.31.20 at 9:33 pm

#5 Cottagers STAY THE HELL AWAY! on 07.31.20 at 3:33 pm
———————————————————

Hey, IHCDT9, we all know Cottage Hater is thou. Give it up loser and get help. You are one sick puppy…

#107 Ponzius Pilatus on 07.31.20 at 9:36 pm

#90 Cici on 07.31.20 at 8:57 pm
Maybe “The projections made in March by scaremongering politicians (like our health minister – heard from her lately?)” are the main reason why the virus was contained and controlled here rather than spiralling out of control as it did down South.

It seems you even made that the same observation:

Says a Bay Street bank economist, correctly: “The
good news is that the cautiousness has kept virus
cases under control north of the border, suggesting
Canada’s economy is in a position to outperform that
of the US in Q3.”

Sometimes, like when you don’t know exactly what you’re dealing with, it pay$ to err on the side of caution. And there’s nothing guaranteeing that a second wave won’t hit, as there are still many cases of community transmission happening in several provinces.

However, if the general populace continues to respect health guidelines (hand washing, social distancing and mask wearing) and governments continue to uphold measures to contain the spread, we’ll probably be fine until the New Year, when hopefully a vaccine will be on the market.
—————-
Excellent post.
Angela Merkel said in late March that there could be 1 million death in Germany from the virus.
Well, nobody really knew.
The issue with The Prez is that he is a salesman and a cheerleader, not a leader.
Prepare for the worst, hope for the best.
That’s my motto.

#108 Patrick on 07.31.20 at 9:53 pm

Garth I’m glad I read this linked article before your post today- which panders to the ‘smug’ Canada psyche quite well.

What this lockdown has done better than anything is to amplify tribalism.

We’re all in this together right? NOT.

https://www.aier.org/article/did-the-us-lockdown-too-late-and-open-too-soon/

You (and all the Trumpers here) miss the main point. Our growth may well exceed that of the US due to virus containment, whatever the reason. Invest accordingly. – Garth

#109 KAC on 07.31.20 at 9:54 pm

Sorry, I didn’t know that Breitbart was banned here.

Can I at least let folks know about the Rasmussen poll or does that need to be censored too?

Here are their numbers:

The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 50% of Likely U.S. Voters approve of President Trump’s job performance. Forty-eight percent (48%) disapprove.

The latest figures include 39% who Strongly Approve of the job Trump is doing and 43% who Strongly Disapprove. This gives him a Presidential Approval Index rating of -4.

https://www.rasmussenreports.com/public_content/politics/trump_administration/prez_track_jul31

#110 TurnerNation on 07.31.20 at 9:56 pm

From the day the globe was locked down as the New System was being rolled we were being infantised.
To the new global government we are to made dependent. As child.
At once a masterful marketing campaign was rolled all over. First week. Amazing coincidence: “Keep your rent”.
No more adult responsiblities. Woohoo.
The New System provided also for an allowance. No need to do your chores even. CERB is coming your way. Zero responsibilities.

You can no longer be trusted to walk through a grocery store! As in kindergarten they drew lines and arrows onto the floor. Follow them. Compliance. Do not think.

You can no longer be trusted with your own health. You are sick. All 8 billion people are sick. They’re all against you!! Everywhere!
*soothes* now now child have a puff of T2’s soma and it all will be okay when your parental government says that it’s safe.

Might as well let the A.I. take over all things, that’s what is coming. If someone told me it’s also driving those numbers on the telescreens, until the final objective (and this is a war, WW3) is achieved I’d say…

When a person I barely met told me that the US empire will crumble I figure it’s mainstream.

#111 VicPaul on 07.31.20 at 10:56 pm

#24 Dolce Vita on 07.31.20 at 4:39 pm
You may have read in my last DIATRIBE the comment:

So China when it as all over (not as in an Armageddon 2nd wave over) welcome back to Italia.

And for you CANADIANS, drop the Tilley Hats you look ridiculous to us, stop swimming in our millennia old fountains, stop hijacking our gondolas and then having to rescue your sorry asses with the Coast Guard and for the Love of God pick up your luggage after 11 PM, some of us actually live in this open air +2000 year old museum as you see it and would appreciate a good nights sleep.

And try to be more like the Chinese instead of your usual smug, know it all from TripAdvisor insufferable selves.

*********

Personally, I only wear the Tilley when we’re sailing – it stays on the boat – my Uncle’s.

You’re smug arrogance has manifested through your innumerable finger-wagging “Covid numbers!!” and “Italia, How Great Thou Art” posts….and we said nothing.

So, to be clear, now you sit in judgement of, and then spew disdain toward, one group over another…but that’s ok apparently because, why? …because tolerance only seems to apply with you lefties if there are social points to score…weak.

Did you miss the irony there when you wrote it?

M56BC

#112 Warren Buffett on 07.31.20 at 11:11 pm

Never bet against America

#113 Attrition on 07.31.20 at 11:19 pm


#26 not 1st on 07.31.20 at 4:47 pm

The anti Americanism and TDS is getting tiresome. Canada is not a smaller version of the US so comparisons are useless. That’s an integrated first world economy with massive infrastructure linking all parts of it that Canada could only dream about. So yeah the virus didn’t spread in Canada because we have 5 regions that don’t want to talk to each other.

In about 8 weeks time there will be a vaccine for the risk takers and therapeutics for the rest of us. The US will have an infrastructure bill ready to go and dozens of companies repatriating while the hammer is put to commie china.

The US economy will not lag Trudeaus dumpster fire ever. And Trump will be re-elected.

^This.

You can’t gather any Canadians in a room, virtual or otherwise, without TDS and anti-Americanism taking centre stage.

As usual, oh-so-smug Canuckleheads love to take credit when none is due. Riiight…our rates are lower because govt decisions and masks and lockdowns and pious, appointed health officers…

Nope. Sorry.

Low population density. Lack of mobility in the workforce. Hyper-regionalism. Shyte transportation infrastructure. Below average testing.

These factors slowed the ‘spread’. It was nothing the nanny state did for you, or you did for others. Just dumb Canuck luck.

I only hope, when this is all over, the USA remembers how Canada, by and large, laughed at, mocked, and did nothing whatsoever to offer any support or help to our American cousins. Even a gesture woulda been nice.

“Here’s a few barge loads of Van Isle cedar, for making N95 masks. No worries, hit us back when you’re back on your feet.”

Nope. Instead, “Ha, dumb American risk taking rednecks, getting what they deserve! (Gosh, I only hope their crumbling economy doesn’t take us down with it though…)”

Yet another reason to feel embarrassed by and ashamed of a frighteningly large cohort of my countermen and women.

#114 Bottomsup on 07.31.20 at 11:37 pm

Bottom line:
Man Proposes, God (or Dog, depending on your political affiliations) Disposes.

Twitters-Trump said Let’s make America Great Again.

By the time he leaves in November, USA would probably resemble one of those shithole places he used to tweet about. Never be proud. Anything can happen to anyone.

#115 kingston boy on 07.31.20 at 11:43 pm

@#92 Nonplused on 07.31.20 at 8:38 pm
#85 AB

I’m over quota for today but it is too hot to go outside.

Cottagers stay away is a troll. But that he/she/it/they/zee is a troll is not the question, the real question is why is he/she/it/they/zee commenting on this site, which is mostly financial and glorifying dogs.

He/she/it/they/zee is obviously a socialist and thinks the ice cream store will stay open once the tourists are tired of having their cars keyed. Typical socialist. “No soup for you!” And no ice cream either. He/she/it/they/zee is killing he/she/it/they/zee’s own livelihood and can’t connect the dots.

BC is a nice place to visit if you don’t have to interact with the locals. But Alberta does not need BC. I won’t be back, because I am deeply offended, and we have our own mountains.

Anyway peace out.
————————-

sounds like you could use some of that BC weed though.
take the edge off a bit eh.

#116 the Jaguar on 07.31.20 at 11:46 pm

I am beside by myself. I’ve snapped. It’s been a long and tedious lockdown and maybe I’m on my last good nerve.

This constant bickering back and forth on the severity of Covid, the sniping between serial posters on this blog ( yes I am referring to Faron & Sail Away and one or two others) who despite Garth’s investment advice feel free to blather on about single stock purchases on his blog, (completely disrespectful), brag endlessly about their possessions be it hunting dogs, the sycophantic adoration their employees hold for them, the size of their boats or sailings to who cares where, and especially the implied ‘special relationship’ some have with our blog host. ( yes, that’s for you Faron. You are on very thin emotional ice).

Guess I am burning my bridge, but picking up the news tonight confirming my suspicions that Trudeau was going to throw Morneau under the bus while all we seemingly concern ourselves with on this blog is Trump. Why our conduct is so ‘superior’ to our biggest trading partner south of the border is nothing but a Canadian ‘exceptionalism’ claim in its most frequent and ugly form. Canadians have become the new ‘Ugly Americans’.
The earlier post by
#26 not 1st on 07.31.20 at 4:47 pm is ‘bang on’. How dare we compare our world to theirs?

And as is evident in so many pressing issues of the day as reported by our incredibly corrupt and failed media, why don’t we have the courage to fix the problems at home before casting stones at our neighbours?

Don, you made a comment the other day about ‘sitting back’, and it’s good advice. I’m going to join you. It’s becoming demoralizing hanging back with the brutes.
Sayonara.

#117 majik on 07.31.20 at 11:55 pm

Ah yes, the ventilators, remember that. Remember when Israeli spy agency Mossad was running around the world snapping up any ventilators they could lay their hands on. Remember when Musk and Dyson were promising to build tens of thousands of ventilators. Instead of Dr. Strangelove’s “mine shaft gap” we got the “ventilator gap” as countries tried to outsmart each other with their ventilator procurement plans. Grotesque, unbelievable, bizarre and unprecedented. What a joke.

#118 Maybe the fog clears on 08.01.20 at 12:48 am

Rutgers University staff: “Grammar is racist”.

Rutgers Asian student population: “It is racist to assume we can’t do grammar.”

#119 PilotJoe on 08.01.20 at 1:24 am

Garth, I own stock in Air Canada, Chorus Aviation and Onex (Westjet). I bought just after the March low, but I’m still down 20 percent roughly based on the current stock prices.

I feel sorry for the guys who bought right before the Virus hit…

If AC or Chorus Aviation go into bankruptcy protection (unlikely but you never know), does the value of the stock immediately go to 0 and I’ve lost everything permanently?

#120 Km on 08.01.20 at 1:36 am

@5. No one cares. Do you chase kids off your lawn too?

#121 Robert Ash on 08.01.20 at 2:55 am

TINA>FOMO>YOLO….Great and important concepts in Prudent Stock market investing, and analysis. Our Leaders and CB continue to test their theories, and even Telus, can lose money… an Oligopoly. Pretty tough terrain to navigate, even if Policy markers were not still picking winners and losers.

#122 Robert Ash on 08.01.20 at 3:32 am

Read it and weep… Our World today, and good luck to the young folks, starting off their journey…. What next? Maybe Bruce Cockburn knows…

https://www.theglobeandmail.com/canada/article-covid-19-officials-issue-advice-for-lovers-in-a-dangerous-time/#comments

#123 Miserable Boomer on 08.01.20 at 5:04 am

Polls had Clinton trouncing Trump 6-1. Huh ? What happened? Oh yeah, polls deliver the results they’re paid to deliver. Polls are Pills as it goes in the ad biz. Democrat media is running on hot fart gas. Trump is out spending Biden 10-1 . Why isn’t America outraged at Trump for the riots when TV is regurgitating footage 24-7? A majority of people know it’s all a show. Expect a Trump landslide . That’s why markets are holding up. More of the same that’s why. Polls and toilet paper, keep them prioritized.

#124 Investx on 08.01.20 at 5:24 am

“There’s no solid evidence of a second wave.”

Isn’t it too early to tell? We’re barely re-opened.

#125 Eileen on 08.01.20 at 5:55 am

Hm. I’ve been reading your blog for over a decade now Garth. I have to say… this post… is a bit off the mark.

Canada is not immune to America. They are in bed with a large elephant and even if they are a different entity, whenever the elephant shifts in bed, it affects Canada.

Will the American election and potential crisis affect the economy? Likely. Will it affect Canada? How can it not?

Think of NAFTA deal. Who ended it? Trump. Can qualified engineers come to Silicon Valley with easy H1B visas any longer? Think again. Silicon Valley was hiring University of Toronto graduates with PhDs in AI for million dollar yearly salaries. Those careers were due to H1B Visas.

Trump’s “patriotic nationalism” has ensured Canadians can’t easily be hired to earn the large salaries and easily come to America.

Do you honestly think that Canada has an invisible fence around it? West Nile virus came up from Southern borders and now it’s in Canada. Trump has done his best to get rid of scientists in federal roles. There is not real CDC leadership. Do you honestly think that if Sars-CoV2 is not contained in America, that the virus won’t migrate up to Canada? Do you know Americans can enter Canada?

A closed border is not really closed. It’s permeable if there are reasons.

The American economy is huge.. and if it tanks in November with election.. and America goes into recession…do you honestly think Canada won’t follow suit?

The US economy will not tank. 2021 will be a year of significant expansion, whatever happens in November. But, stay on the sidelines and find out for yourself. – Garth

#126 willworkforpickles on 08.01.20 at 5:56 am

The upper 20 percent wealthy will continue to fare well – (and are at their cottages this wknd)
As for the other 80 percent…financial disaster looms for many of them.
Have a nice weekend. Enjoy the rain when it comes…it’s all good while its still warm out.

#127 KNOW IT ALL on 08.01.20 at 7:24 am

YOU MAKE A GOOD POINT!

The RICH GOT RICHER and everyone else got left behind.

Shocker isn’t it.

#128 Another Deckchair on 08.01.20 at 7:43 am

Hey @115 Jaguar;

Bang on!

I used to read comments, but now I search for one or two names. Not worth my time anymore; comments are unrelated to the words of Garth, and if I want to read about other things I can go other places, like sticking my nose a paper book in the garden in the shade of a tree.

As they say, the “signal to noise ratio” here is much worse. And I’m adding to it… :-| over and out!

#129 Bytor the Snow Dog on 08.01.20 at 7:58 am

Trouble with the site stalling when uploading comments again?

Is there something wrong with that link, Garth? It was all about facts.

This is not an anti-masking site. Take it elsewhere. – Garth

#130 Jane24 on 08.01.20 at 8:01 am

My 18 year old student nephew and my 19 year old student niece, neither of who has ever done any paid work in their lives, both got the free Covid money. Neither has ever had this kind of money before. Having great fun now deciding what to waste it on. I still cannot believe that the Cdn govt did this.

#131 Ace Goodheart on 08.01.20 at 8:18 am

Trump….is banning….Tic Tok.

OMG.

Seriously.

It’s in the papers today.

POTUS is banning the teeny bopper app that a bunch of tweens used to punk his Trump rally.

Unbelievable.

#132 Ace Goodheart on 08.01.20 at 8:19 am

Trump….is banning….Tic Tok.

OMG.

Seriously.

It’s in the papers today.

POTUS is banning the teeny bopper app that a bunch of tweens used to punk his Trump rally.

Unbelievable.

#133 Cto on 08.01.20 at 8:58 am

is city of Toronto getting ready to bail out Air b and B hosts?
There is a lot of chatter about this.

#134 maxx on 08.01.20 at 9:30 am

@ #2

Some may believe that, but when an act is wrong, it’s wrong.

Duty of care is unequivocal and the greater the responsibility, the less room for any excuse or “interpretation”.

For example, under-funding the ethics commissioners office is wrong. She/he should also not have to waste their time dealing with huge issues that are perfectly obvious to taxpayers but not those entrusted with duty of care.

Do not wonder why people needlessly wait years for medical treatment or that LTC “facilities” (nothing easy or enabling about those, as we’ve witnessed) are run for profit. These are just two examples of compromised ethics vis-a-vis ethics “interpretation”.

Wrong is wrong.

#135 Chasicakes on 08.01.20 at 9:31 am

I followed your advice and sold my Vancouver condo and moved to a rental in 2011. The owner recently put my rental up for sale for 800k. This would require a mortgage of ~3k a month plus ~1k a month in condo fees, taxes, etc.(=4K per month to carry) My rent was only 2k a month which means an approx. loss of 2k a month going forward. There were also 10’s thousands of $ in special assessments over past few years. Huge insurance increases also coming. Curious to see hw fast it sells.

#136 n1tro on 08.01.20 at 9:37 am

https://abcnews.go.com/US/dr-fauci-wear-goggles-eye-shields-prevent-spread/story?id=72059055

Goggles and eye shields now?! Next month, full hazmat suit up next?

#137 MF on 08.01.20 at 9:38 am

116 majik on 07.31.20 at 11:55 pm

I feel to see how that’s grotesque.

Good for the Mossad for looking out for the Israeli people.

Good for Elon Musk for using his ingenuity to adapt for the betterment of the country.

MF

#138 Patrick on 08.01.20 at 9:39 am

You (and all the Trumpers here) miss the main point. Our growth may well exceed that of the US due to virus containment, whatever the reason. Invest accordingly. – Garth

Fair- except somehow implying I’m a Trumper- don’t really understand that except as a tactic to categorize me into a group that should be ridiculed. You do you.

Moved some cash Out of Canada in December into USD.

Still sitting on a maxed TFSA- mostly because it is weighted heavily in Blackrock. I call it my PoS rebranded mutual.

#139 MF on 08.01.20 at 9:43 am

#122 Robert Ash on 08.01.20 at 3:32 am

Huh? I read that article. It recognizes the need for human contact during this time, and talks about how that can be achieved while making sure no one’s health is at risk.

It basically sounds similar to the normal sexually transmitted disease precautions we all know.

I drove down Yonge street last night. Young people out in droves. They will be fine.

MF

#140 Christine on 08.01.20 at 9:46 am

Let’s all keep referring to T2 as “CRIME MINISTER”

Sure, if he’s charged with a crime. Until then, of course not. – Garth

#141 Bytor the Snow Dog on 08.01.20 at 9:58 am

And a domino falls as Garth succumbs to the paranoia.

Sad to see it.

Your domino just fell. – Garth

#142 Dharma Bum on 08.01.20 at 10:06 am

Time to nationalize Air Canada and declare it an essential service. Like healthcare. Funnel public money into it.

After all, it’s my right to be able to get to Medicine Hat or Prince Rupert if I want to or need to. Or Whitehorse.

Who else is gonna fly there?

Canadians should be able to fly around their own country for real cheap on the government’s dime and at the taxpayers’ expense.

It is, after all, the Canadian way.

#143 Phylis on 08.01.20 at 10:07 am

#128 Another Deckchair on 08.01.20 at 7:43 am
Hey @115 Jaguar;
……….As they say, the “signal to noise ratio” here is much worse. And I’m adding to it… :-| over and out!

————————-
Then I’ll add too… “That noise contains someone else’s signal”.

#144 Dharma Bum on 08.01.20 at 10:16 am

Wearing a mask, whether it helps prevent the spread or not, has made life in the GTHA much easier.

I decided to buy a decent one (one that fits, is reusable, is comfortable, and has a breathable valve attached to it), and wear it wherever it’s “required” or “mandatory”, if only for the optics of cooperating.

If people believe that masks help, well, OK, if that’s what it takes to open up and carry on, I’m in.

Besides, I look 100% better with a mask on. My confidence level is through the roof. Sunglasses, hat, and mask means my face is 100% covered up. Now people say “well, ain’t he a fetchin’ lad”.

Mask up, people.

#145 MF on 08.01.20 at 10:21 am

138 Patrick on 08.01.20 at 9:39 am

Hope you solidified profits in March, because since then the cad has appreciated against the usd none stop.

MF

#146 Don Guillermo on 08.01.20 at 11:41 am

#142 Dharma Bum on 08.01.20 at 10:06 am
Time to nationalize Air Canada and declare it an essential service. Like healthcare. Funnel public money into it.

After all, it’s my right to be able to get to Medicine Hat or Prince Rupert if I want to or need to. Or Whitehorse.

Who else is gonna fly there?

Canadians should be able to fly around their own country for real cheap on the government’s dime and at the taxpayers’ expense.
***********************************
Just imagine, you fly into Rupert from Calgary (for free) and they key the airplane.

>>>

It is, after all, the Canadian way

#147 Bill on 08.01.20 at 12:35 pm

#110 TurnerNation on 07.31.20 at 9:56 pm
Its a communist take over or a form of it. Treduea senior and Juniors long term plan. Fear gets it done.

#148 Liberals are my nation? on 08.01.20 at 12:55 pm

The Canada’s TV channels are full of my Liberal neighbours and they did side with the rioters/paraders and TV did call me a “systemic”, as in “systemic racist”. In this way the Liberal Party has also positioned itself for destruction of the old nation and cannot protect itself by highlighting the old left doctrines as virtues. This is multiculture nation/nation conflict, not left/right conflict.

#149 Idiocy on 08.01.20 at 6:50 pm

to comment # 113 Attrition

Agreed and well observed.

#150 Idiocy on 08.01.20 at 7:05 pm

to comment # 116 the Jaguar

While certainly not “…beside myself…”, I do agree with the substance of your comments including that the poster Faron is “… on very thin emotional ice.”

Indeed “sayonara” seems appropriate under the circumstances.

#151 Idiocy on 08.01.20 at 7:19 pm

to comment # 130 Jane 24

While I believe you still have family in Canada, maybe they are unable to fully communicate all that has changed since you left.

That the ‘over the top’ government largess surprises you could be indicative of that.

I simply cannot recognize the country in which I lived many years and I think you might feel the same way now.

#152 willworkforpickles on 08.02.20 at 5:30 am

With the effect covid-19 has had on Germany, specifically Munich which has been ranked with the most expensive housing market in the world now slipping out of first place – TORONTO… ranked number 2 least affordable in the world is edging toward a giant bubble first place ranking fueled by supremely-gullible greater fools about and by (contradictory) you-know-who 21st century schizoid jizzballs encouraging them.
…but go on – if smooth talk to make you look good – feel good is your thing…go with it. The world turns entirely on fancy lies now.

#153 Andy Glemba on 08.02.20 at 10:09 am

R.I.P. CANADA, (moved here 1983 from a commie countrie) and let’s just say canadians are the frogs in a slow boiling pot of water!

Most on here think it’s going to be fine, this is the new normal! We will get used to it! It’s only a mask, it’s only for a little longer! It’s for our benefit!

So go ahead everybody and follow your instincts but dont forget to check the past and the history on MARXISM!
Before you call me a paranoid etc. Please get off your ass and do some research!