Tale of two

It’s been an economic crisis like no other. For the first time in a century we locked down whole cities. Provinces, even. Travel restrictions. Bars, eateries, hair salons, gyms, arenas, shops, theatres all shut. Never in our lifetimes have the streets been full of people in masks or has transit ridership plunged 90%. Entertainment, tourism and travel have been crushed. You can drive on the Gardiner Expressway without melting down.

So, there are 1.7 million people unemployed. The number working from home is currently just under 5 million. But here’s the weird thing – almost 350,000 new jobs were created in the last 12 months, and they were all high-paying positions. So as the hairdressers, shoe store clerks, baristas and fitness instructors got whacked, society gained more government employees, health care professionals, realtors, IT dudes and managers.

CIBC released a report this week saying, “it’s a tale of two economies.” And this: “The lower the pay grade, the worse the job market performance is,” as three-quarters of a million lower-wage people were idled.

Well, here’s the bottom line: net worth for the WFH crowd has increased if (a) they had investment portfolios, which ended up delivering solid gains in 2020, or (b) they own real estate, which was bloated by FOMO and crazy-cheap mortgage rates. Meanwhile these folks in general retained their salaries while seeing their overheads plummet. Cash flow improved. Savings grew. Covid was good for their bottom line. And now the wealth gap has yawned even more than back in 2019, when you never thought about bats or vaccines.

What’s next?

It gets worse, but only for the folks at the bottom of the income scale. The lockdowns in Ontario and Quebec, especially, has decimated the service sector where most of them work. Unemployment is expected to increase to 9% or beyond before things get better in the summer. (We lost 63,000 jobs last month.) Meanwhile everyone is anticipating an inflationary spring housing market and equity markets have been inching to new record highs on the expectation of economic reopening.

The rich get richer. Assets grow in adversity. The rest fall behind. Hard times hurt.

Can the wealth gap grow indefinitely? Not if Chrystia gets her way.

More on what our politicians have in store in the coming weeks. In the meantime, let’s count your blessings.

Has the virus changed your financial life?

Survey has now closed –
See the results on tomorrow’s blog.

212 comments ↓

#1 Ken on 01.20.21 at 12:18 pm

Let’s break out the champagne and celebrate Joe Bidens win!

A masterful culmination of hard campaigning, and the unbridled support from the media and big tech who weaponized their platforms. After the first day of tenure following his inauguration, it should be mandatory to begin the impeachment process immediately on Biden and to launch a formal investigation into his Russian collusion, (which in this case would include his son Hunter) I am sure dad has bought him a new computer to get him up to speed for future meetings with Ukrainian and Chinese deals that were sadly interrupted under the ‘horrible’ Trump administration spotlight.

It is entirely possible the lead actors like Comey, Brannon, McCabe and other’s might even be re-introduced into political posts again to help save American democracy and integrity. After all, trustworthy, respectable establishment icons like them should not be shadowed in retirement when they still have so much more to offer.

In Canada, we loudly rejoice in the American Green New Deal agenda; Joe Biden wasted no time in the speedy cancellation announcement of the Keystone pipeline which is fabulous news indeed! Trudeau is probably dancing with joy as the Biden administration expeditiously hammers the lid shut on fossil fuel production/distribution and speaks to Trudeau’s manifesto vision for Canada. Transfer payments from Newfoundland and the Maritimes can now shift west into Alberta to help all the impoverished souls who have it rough out there.

One more thought to consider as it floats down the pristine CNN, MSNBC, ABC media pipeline;

All the 75 million citizens who were Trump supporters might get a knock on their front door from government reformers who demand that you to be “Reprogrammed” out of the Trump cult mindset. Dozens of highly respected personalities that include Ocasio Cortez and Katie Couric say it should be so. If you reject this notion because you live in Canada, and it can’t happen to you think again, cancel culture is headed your way soon.

The Progressive agenda is about to begin and hopefully everybody has a good memory of what the good old days really felt like.

#2 I ... on 01.20.21 at 12:23 pm

count my blessings every day. I think the world had a great sigh of relief today. Semper sursum …

#3 Roial1 on 01.20.21 at 12:28 pm

So easy to fill out questionnaires like this one when you are retired

LOL

#4 Vancouver - A different world on 01.20.21 at 12:30 pm

The virus has affected BC much less.
– Virus spokesperson is Dr. Bonnie Henry, Provincial Health Officer (not the Premier)
– No lockdowns
– Traffic is still crazy
– Malls full of people, and can’t find a parking space
– Masked people everywhere
It’s like another world

#5 Roial1 on 01.20.21 at 12:31 pm

Garth, did you really let that first poster out without his meds????

#6 JR on 01.20.21 at 12:34 pm

Trump went to economic war with china that lead to them devaluing their currency and lessening their power in the world, he crushed isis, he pulled out of the awful Iran deal, he pulled out of the sham that was the paris climate accord, he lowered taxes, saw great economic growth, saw low unemployment, saw a great stock market, kept north korea from nuking the south, brokered peace deals between the jews and the middle east, fought back against cancelled culture, redid trade deals that lead to real wage growth in the manufacturing sector, but loses it all because he couldnt be a statesman.

Oh, and 400,000 dead citizens. In case you forgot. – Garth

#7 Andrewski on 01.20.21 at 12:35 pm

Watching Biden’s inauguration brings hope to a return to civility & diplomacy.

Fraser Institute has released an interesting article about taxing capital gains.

Full report: https://www.fraserinstitute.org/sites/default/files/correcting-common-misunderstandings-about-capital-gains-taxes.pdf

Infographic: https://www.fraserinstitute.org/file/common-misunderstandings-of-capital-gain-taxes-infographicjpg

#8 CJ on 01.20.21 at 12:37 pm

There is nothing better in life than a Garth survey. Thanks Mr. Turner. You are the king!

#9 TurnerNation on 01.20.21 at 12:37 pm

The biggest conspiracy these days is that I still have an Immune System. Never once in the daily CV Prop,. updates it is mentioned nor how to bolster its output.


New System stuff. By mid last year I was posting that children are the target of this new system. (It became clear.) Not us the Gen X and old fogies.
You, you can take your Jetski to Lake Pole (funny stuff Dharma Bum)

https://mustreadalaska.com/class-warfare-students-in-anchorage-will-be-forced-to-kneel-for-hours-no-recess/

…….

Boats? Why buy new
13 year old speedboat. Be king of the lake. It will pass anything but a gas pump.
$40,000

https://www.kijiji.ca/v-powerboat-motorboat/city-of-toronto/2007-baja-245-performance-cuddy-with-matching-custom-trailer/1546519416
2007 BAJA 245 PERFORMANCE , POWERED BY A 6.2 MPI MERCRUISER WITH A BRAVO X DRIVE, SST PROP,

Or a 20-year old boat, 27ft tons of new parts. $20,000. Do-able.

https://www.kijiji.ca/v-powerboat-motorboat/city-of-toronto/bayliner-2655-year-200-mercruiser-v8-and-bravo-3-lower-unit/1546638302

#10 Blobby on 01.20.21 at 12:40 pm

I work from home, but virus isn’t reason.. been doing it for 10 years

#11 Felix on 01.20.21 at 12:43 pm

As he condoned all kinds of appalling criminals and degenerates, even the deplorable Donald Trump could not lower himself to pardon any dogawful canines in his final days in office.

Conrad Black? Sure.

Roger Stone? No problem.

Steve Bannon? Absolutely.

Rover? Max? Lucy? Buddy?

Fuggedaboutit!

Kind of tells you everything you need to know about that species.

#12 Jen on 01.20.21 at 12:49 pm

We are one of the households that have come out on top of this pandemic. With commute and extracurricular and respite expenses for the kids slashed, we’ve been able to clear off our HELOC to 0. Locked in our mortgage from variable to a sweet 5-yr fixed rate, and got our finances in order (RDSP, RESP, RRSPs, TFSAs).

It’s been taxing mentally but not nearly as taxing as someone who can’t afford to pay rent to keep a roof over their head.

I feel tremendous guilt over our privilege yet am squirrelling our funds away as you never know what’s going to happen and we have 2 school-age kiddos, one with a disability. The gap between the haves and the have-nots is growing by the day.

#13 FriedEggs on 01.20.21 at 12:51 pm

Congrats to Biden winning and hiring Tom Vilsack, of Monsanto fame, for USDA. Great stuff with GMO.

Also for hiring Rachel Levine, first transgender, to be assistant of Health!

The tide is already turning into something amazing!

#14 No left turn on 01.20.21 at 12:52 pm

For the first time in almost a year both CBC and CTV news websites don’t have a giant red box reminding us of the ‘you know who’ virus. Wow, that Joe Biden is a magician. I’m guessing DJT’s note left in the Resolute desk to JB will read something like ‘ Joe. Get a food taster.’ The MSM have no shame.

Balanced and diversified. The virus left me and mine, homeless and on the run with career firmly destroyed. We found freedom in the last true democracy on planet Earth. Net worth higher than this time last year thanks to Garth’s kind advice heeded over the past 7 years of reading.
Freedom is the only thing that matters… the only thing.

#15 thebarold on 01.20.21 at 12:52 pm

A couple of notes. Our labour stats are still done (to my knowledge) using the labour force survey which calls a bunch of people over 6 months or so and asks them about their employment status. I was part of one a while back.
Recent incidents have lead me to believe the science (and math) behind surveying – especially a particular type – are prone to higher errors than predicted by said math when trying to reflect a population of people.

#16 Millennial Realist on 01.20.21 at 12:55 pm

Boomer-Cons, are those tire marks I see today on some of your foreheads?

Be part of the change.

Or be run over by it.

#17 TalkingPie on 01.20.21 at 12:56 pm

If you count real estate, yes, technically my net worth is probably up a bit, but you can’t eat real estate. Can’t have the roof replaced with that value, either.

A low cost of living and CERB/EI have allowed me to almost tread water, and my meager investment portfolio did increase, mostly offsetting the losses in my employee airline stock, but 7 months of unemployment has left me in a worse cash flow situation than a year ago.

Job prospects haven’t been good, either. The only offer came from Canada Post in the form of an on-call letter carrier job. Surprisingly they didn’t call much in the last 3 months – not even once a week. Tomorrow I start a new job as a service manager in a bike shop. I’m expecting it to be a good experience, but the money is barely more than EI was paying.

#18 Matt on 01.20.21 at 1:01 pm

Wife and I managed to increase our net worth by about $18k (no real estate) while she’s been on maternity leave since April with our COVID baby. Our household income for this year will be about half of what it was last year because of this yet we still managed to survive while paying $2900/month in rent.

#19 Apocalypse NOW on 01.20.21 at 1:03 pm

Remember: BHC06 561 XLV 0

PREPARE

#20 Seanith on 01.20.21 at 1:04 pm

Beautiful Nova Scotia Duck Tolling Retriever in the image! If content does not always bring a smile, at least the dogs can bring some levity to even the worst situations.

#21 Crusty Crustacean on 01.20.21 at 1:13 pm

NS Duck Tolling retriever. Nice pupper!

#22 Stone on 01.20.21 at 1:23 pm

#12 Jen on 01.20.21 at 12:49 pm
We are one of the households that have come out on top of this pandemic. With commute and extracurricular and respite expenses for the kids slashed, we’ve been able to clear off our HELOC to 0. Locked in our mortgage from variable to a sweet 5-yr fixed rate, and got our finances in order (RDSP, RESP, RRSPs, TFSAs).

It’s been taxing mentally but not nearly as taxing as someone who can’t afford to pay rent to keep a roof over their head.

I feel tremendous guilt over our privilege yet am squirrelling our funds away as you never know what’s going to happen and we have 2 school-age kiddos, one with a disability. The gap between the haves and the have-nots is growing by the day.

———

I don’t understand why you feel guilt. Did you do something criminal or hurt others in the process of acquiring your wealth?

If the answer is no (even if it’s yes), by all means, you can transfer all of it to account number 5555-5-5555-555. I can guarantee you’ll feel 100% better for it. I’ll even text you a ❤️ for your efforts. Please hurry. I really want your wealth.

#23 The West on 01.20.21 at 1:24 pm

I am interested in seeing the results of the dogs who are drawn to this blog.

Anyone else watching the end of the mightiest Republic that humanity has ever built? I know, I know “Biden is better than Trump” “Trump was dangerous” “Orange man bad”…

Only time will tell. The Germans were very, very enthusiastic in 1933 – yet all the writing was on the wall.

Interesting times ahead.

#24 A Brighter Future on 01.20.21 at 1:27 pm

Hi Garth. Thanks again for your continued efforts.

After delving into the comments section of yesterday’s post, I came away thinking as I often do now; “How do we improve the discourse. Surely one-upmanship flame war narratives can’t be the future. We need to find common ground to spread good ideas.”

With the bell curve of ideologies, I worry that the bell is getting flattened and squeezed out to the extremes. I’m not from the US, but do have some concerns around the likes of QAnon and extremism on the right cult, battling the radical ‘wokeness’ on the left cult. How do we operate within the confirmation bias echo chambers of social media to deprogramme the extremes? To be clear, I am a proponent of free speech and am not suggesting censorship as the solution.

However, beyond the trolls and bots, how do we reach people like those suggesting the end of the world is today? I fear that they won’t wake up tomorrow and think, “Wow, I was wrong about that. Maybe the content I have been following is nonsense.”

I’ll leave 3 great quotes:
* We don’t see things as they are, we see things as we are.
* Control the thoughts you do not understand.
* Saying it louder and relentlessly will not make it true.

#25 Ustabe on 01.20.21 at 1:41 pm

#4 Vancouver – A different world on 01.20.21 at 12:30 pm

The virus has affected BC much less.
– Virus spokesperson is Dr. Bonnie Henry, Provincial Health Officer (not the Premier)
– No lockdowns
– Traffic is still crazy
– Malls full of people, and can’t find a parking space
– Masked people everywhere
It’s like another world

My thoughts too. My community is large enough to have most big city things like Costco, multiple restaurants, variety of retail but remains small enough that I would know if stores were closing, restaurants going out of business, rents not being paid, folks losing jobs etc.

To my knowledge none of that is happening. Other than social distancing, masks and lots of hand sanitizer life here is not as described by the more easterly reporting on this blog.

“An old man sleeps with his conscience at night. Young kids sleep with their dreams. While the mentally ill sit perfectly still. And live through life’s in-betweens”

#26 Arcticfox on 01.20.21 at 1:44 pm

Trying to spot any trend?

Total stock market capitalization vs GDP on inauguration day of a new president:

Ford: 40%
Carter: 47%
Reagan: 43%
Bush I: 53%
Clinton: 64%
Bush II: 117%
Obama: 60%
Trump: 125%
Biden: 190%

#27 Northshore guy on 01.20.21 at 1:45 pm

I voted but here are bit more details

– I have kept my job so far
– My wife lost her job but didn’t apply for CERB, we are not rich but dont need government handouts
– My salary didn’t go up or down but my company stock quadrupled which has significantly increased out net worth, but it doesn’t really mean much as I can only sell a portion of it each year.
– Our balanced portfolio did very well and have some modest gains. I did not sell anything in the storm and I am proud of myself. Last year was full of lessons.

Other than that I would like to add, due to wfh our expenses have gone up significantly and not down. We had to rent apartment with extra bedroom for my office which is costing us several hundred dollars extra per month. Hydro is higher and had to buy stuff like desk, chair, 4 monitor setup, printer etc..
What am I saving by wfh? 127 dollars in translink so no comparison.

#28 Jimmy Zhao on 01.20.21 at 2:02 pm

Can we talk about Pfizer extorting Canada?
Company wants tax breaks and in the meantime is withholding vaccine shipments.

Evidence it is quid pro quo? – Garth

#29 KNOW IT ALL on 01.20.21 at 2:06 pm

AND all this FUSS.

For What?

#30 Cheese on 01.20.21 at 2:17 pm

Working as a subcontractor janitor at a hospital construction site making just above minimum this entire time. It hasn’t been great.

#31 cramar on 01.20.21 at 2:18 pm

HE’S GONE!

“This American carnage stops right here and stops right now.”
– Pres. Trump, Jan. 20, 2017

“New Beginnings are often disguised as painful endings.”
― Lao Tzu, c. 500 BCE

Goodbye, Mr. Carnage. And good riddance!

#32 Figus Makum on 01.20.21 at 2:26 pm

This servant of the people blatantly defies Garth’s “rule of 90” with his 190,000 square foot getaway.

https://youtu.be/n8J2dW-QYQY

#33 WTF on 01.20.21 at 2:28 pm

The worst outcome to todays inauguration?

President J.R. Biden’s gravitas will show what a vacuous dilettante Canada has as PM.

#34 Squire on 01.20.21 at 2:32 pm

#1 Ken on 01.20.21 at 12:18 pm
————————————–
Well done. Cancel culture police coming to a theatre near you. Look up the history of Germany pre-world ward II. Nazi’s created cancel culture. How ignorant we are of history.

#35 the jaguar on 01.20.21 at 2:43 pm

A Nova Scotia Duck Toller, or what some call a Yarmouth Toller. Smart and they like the water. If Sail Away will indulge me I would be interested to know what he thinks about raw food diets for dogs. It can be a touchy subject, but I respect his opinion. He seems to know and love dogs.

#36 Squire on 01.20.21 at 2:48 pm

#30 WTF on 01.20.21 at 2:28 pm
The worst outcome to todays inauguration?

President J.R. Biden’s gravitas will show what a vacuous dilettante Canada has as PM.

———————————-
Maybe J.R. is going to learn sock boy something sometime soon.

#37 Faron on 01.20.21 at 2:49 pm

#31 cramar on 01.20.21 at 2:18 pm

HE’S GONE!

Huge sigh of relief. Looking forward to seeing Donald Trump in handcuffs and then maybe pardoned on his death bed when we Americans are in a better place. Good riddance.

#38 Niagara Region on 01.20.21 at 2:54 pm

Regarding question 6 on the survey, there needed to be the option of “neither.” My income/net worth has neither increased nor decreased during the pandemic.

#39 Chris in Edm on 01.20.21 at 2:56 pm

I find it very sad that our politicians (on all levels, all sides) don’t even dare rock the boat. Remember when China built a new covid hospital in 5 days? What’s been done in Canada in 10 months to ramp up or fix our healthcare system or prepare ourselves for the massive amounts of vaccinations ready? Absolutely nothing. Imagine what could have been achieved if govt’s spent a tenth of what the Libs are spending (so $40billion) on new hospitals, hiring/training sprees, etc. All those out of work CRB collectors could have been trained to assist with the ramp up for vaccinations in 1 way or another. It’s disgusting, sad, and pathetic.

Everyone kept talking about how things were never going to be the same, how there’s going to be a new normal, great reset, etc…. NOTHING will be different in 12months time from now. Nothing. Not saying that’s a bad thing in some aspects (sorry, but I quite like owning things, unlike the mantra for the ‘great reset’), but what an utter waste and disappointment. Human beings are lazy failures… or maybe just the politicians are? (Garth, you’re no longer one!)

#40 Buy? Curious? on 01.20.21 at 2:58 pm

Garth, I participated in your poll, and let me tell you, was I ever excited! Would you like to know how I’m doing? Better than Smoking Man.

#41 IHCTD9 on 01.20.21 at 3:06 pm

In 2020, I was laid off for 2 months, and did 2 more months again via WFH. Job still intact, same with Ms. IH. Both of us even got small raises. Things are shaky on my end though. Net worth went bonkers due to owning an SFD in BF nowhere and also a portfolio that well exploited the zingers starting late last year.

2021 could be interesting. Depending on how things go, Jan 2022 for us could see stupid new gains in both again, plus another of life’s now dwindling big bills sailing off into the sunset. Or it could go totally the opposite with unemployment, portfolio decimation and new big bills to pay.

#42 jess on 01.20.21 at 3:16 pm

Can the wealth gap grow indefinitely? no zero sum game
more fair with regulation -will improve market transparency disclosures accounting rules
trump predatory protection
whistleblower – allows the agency to “minimize the harm to investors, better preserve the integrity of the United States’ capital markets, and more swiftly hold accountable those responsible for unlawful conduct.
https://bettermarkets.com/blog/lawsuit-challenging-sec-whistleblower-rule-target

=================================
CFPB Poised For Get-Tough Approach Under Chopra
Biden taps Warren ally Chopra to lead Consumer Bureau

The selection of Chopra signals the Biden administration plans to return the CFPB to the more-muscular posture of its early days.
Chopra is a vocal critic of the mounting levels of student loan debt in the United States.[7] In 2012, he released analysis revealing that outstanding student debt exceeded $1 trillion.[8] He co-authored a report with Holly Petraeus that uncovered a student loan overcharging scheme impacting members of the military.[9] During his tenure, the agency sued Corinthian Colleges[10] and ITT Educational Services,[11] both of which dissolved.

In 2017, Chopra released a report showing that over 1 million Americans defaulted on a student loan in 2016.[12][13]

On April 26, 2018, the full United States Senate unanimously confirmed Chopra’s nomination. He took office on May 2, 2018.[15]

FTC commissioner Rohit Chopra dissension

among his many points

…”The grant of immunity for Facebook’s officers and directors is a giveaway. Facebook’s officers and directors were legally bound to ensure compliance with the 2012 order, yet the proposed settlement grants a gift of immunity for their failure to do so. The Commissioners supporting this settlement do not point to any documents or sworn testimony to justify this immunity.”

https://www.ftc.gov/system/files/documents/public_statements/1536911/chopra_dissenting_statement_on_facebook_7-24-19.pdf

#43 Dolce Vita on 01.20.21 at 3:18 pm

#28 Jimmy Zhao

Don’t know about extortion but deliveries SHAFT, yes Canada getting shafted by Pfizer BioNTech.

For example, next week Italia’s shipment expected 562,770 doses, 397,800 doses will be delivered or

-29%

Canada instead:

-50%.

Here is Cdn schedule by Gov Canada for vaccine deliveries, Moderna table shown (note delivery blackout dates), Pfizer table to be updated:

https://www.canada.ca/en/public-health/services/diseases/2019-novel-coronavirus-infection/prevention-risks/covid-19-vaccine-treatment/vaccine-rollout.html

5 days ago EU “pissed” at the cuts so they were made lower. My guess is that BioNTech beholding to its master Germany that injected 445M USD into it to speed up production and the EU put its foot down.

https://www.dw.com/en/pfizer-biontech-cut-back-vaccine-deliveries-to-eu-at-short-notice/a-56237275

Then partially restored per the above Italia example:

https://www.adnkronos.com/vaccino-pfizer-dosi-allitalia-ridotte-di-quasi-165mila-unita_KjRWIjECvuLLvcj8YwRGG?refresh_ce

—————————

Expect more disappointment, e.g., Pfizer got 1.95B USD last year from the US for 100M doses and 2 more plants not just the 1 Doug Ford was railing about today:

https://www.fiercepharma.com/manufacturing/pfizer-to-incorporate-3-u-s-sites-for-possible-covid-19-vaccine-launch

To be expected. Canada at the mercy of vaccine makers it made no investment in. Which means those with the cash outlays get serviced first. These investments made last year by US & Germany, no secret.

Not to say Gov Canada hasn’t they just BACKED THE WRONG HORSES:

Medicago – nothing in 2021 – Cdn effort, received $173 million from Gov Canada
Precision NanoSystems Incorporated (PNI) – nothing in 2021 – Cdn effort, $18.2 million
6 other unnamed candidates – nothing in 2021 – $23.2 million

https://www.newswire.ca/news-releases/prime-minister-announces-funding-to-advance-the-development-of-canadian-covid-19-vaccine-technologies-852977593.html

[the above link in a pinch, there are others like it, quickest I could find]

—————

If you have the money in VAX Makers you get immune faster…nice World we live in.

#44 SoggyShorts on 01.20.21 at 3:20 pm

#16 Millennial Realist on 01.20.21 at 12:55 pm
Boomer-Cons, are those tire marks I see today on some of your foreheads?
Be part of the change.
Or be run over by it.

***********************
Oh? What happened to them? Did they lose their 6&7 digit gains on their houses?
How about their fat portfolios?
S&P to hit record highs? Ouch indeed…

Try not to die from envy.

#45 bdwy on 01.20.21 at 3:22 pm

i’ve done both. raw, frozen is way more hassle.

some dogs aren’t too fussy, most labs, for example are happy to eat cardboard or sawdust if the presentation is right.

i just use costco lamb kibble and tons of meat/cheese/lasagna!/veg(if hidden well enough)/ice cream/etc that ‘falls’ off the counter. maybe too much, the neighbours are calling her fat lately.

happy dogs, no vet visits, don’t need to complicate things .
————-

gm still rocking hard, this blog has the best tips.
it’s the new ev darling.

#46 Howard on 01.20.21 at 3:24 pm

A glorified barn in Clarington just sold for nearly 3/4 of a million dollars.

https://twitter.com/rewoman/status/1351912159626862592?s=21

#47 Sail Away on 01.20.21 at 3:30 pm

#35 the jaguar on 01.20.21 at 2:43 pm

If Sail Away will indulge me I would be interested to know what he thinks about raw food diets for dogs. It can be a touchy subject, but I respect his opinion. He seems to know and love dogs.

————-

Oh, interesting. Short answer is that I view strict raw food dog diets the same as I view strict organic, gluten-free, vegetarian or any other faddish diet for normal healthy people: unhelpful and driven by emotion, not logic.

That said, our dogs eat a lot of raw food- usually 3-4 butchered deer carcasses each year, sometimes moose and elk, salmon heads and backbones, fat and skin from the kitchen.

Physiologically, dogs have a short intestinal tract and operate best on a high fat diet that’s quickly digested. The commercial kibbles give this, and kitchen scraps supplement. Never in our house is a piece of scrap trimming thrown away! Raw meat is not actually digested that easily. When given free rein on an intact deer, the dogs first eat the fat on the internal organs, then the organs themselves, including stomach contents. After that the fat on body and the head… and only after all of that is gone do they even think about the meat. Evolution dictates that what tastes good is good – for them and us.

There’s nothing wrong with raw food diets. Similarly, there’s nothing wrong with any brand name bulk kibble that’s 1/20th the price and 1/100th the hassle.

#48 Howard on 01.20.21 at 3:34 pm

Oh, and 400,000 dead citizens. In case you forgot. – Garth

——————————————-

Terrible death toll.

But, it’s about the same per capita as the UK, Italy, Spain, Belgium, Sweden, Switzerland, Mexico, and Brazil.

Canada’s lower per capita toll was sheer luck in my opinion, since both federal and provincial governments have botched this (with possible exception of BC).

#49 Faron on 01.20.21 at 3:36 pm

I’d judge Lady Gaga’s performance very solid if a bit over the top (no surprise from Gaga) although I liked it. For those saying she doesn’t have talent, who does if not her? Really dug the yuge dove broach she was wearing.

J. Lo. played it straight as one should with that song.

Amanda Gorman absolutely killed it. I wish I could have seen the looks of chagrin on Trump’s white nationalist supporters. Back into the basement with ye.

#50 Dolce Vita on 01.20.21 at 3:38 pm

Can the wealth gap grow indefinitely? Not if Chrystia gets her way. -Garth

She’ll change the Capital Gains tax. I mean when you read articles like this that in essence says

OK, capital gain tax those rich children born out of wedlock:

https://www.macleans.ca/economy/how-to-tax-the-wealthy-without-a-wealth-tax/

…you know it’s coming.

Taxing RE Appreciation, that will take some finessing. Expect articles on that sooner than later. None so far.

So your (a) probably coming next budget and (b) doubtful.

Probably why Cdns going all FOMO expecting (b) impunity.

#51 cuke and tomato picker on 01.20.21 at 3:41 pm

Tom Friedman said the other night Trump now only has
humiluation, lititgation and incarsuration to look forward to.

#52 Steve French on 01.20.21 at 3:42 pm

My only regret is that Smoking Man did not make it to see the end of Trump…. !

#53 Ponzius Pilatus on 01.20.21 at 3:43 pm

The only thing that Trump can brag about:
His inauguration crowd was bigger than Biden’s.

#54 BlogDog123 on 01.20.21 at 3:43 pm

I asked for a GT poll yesterday, and Garth delivers today! Thanks!

Now let’s let the blog dogs chew on the red meat tomorrow when the results come in…


Politicians: Borrowing for today’s spending largesse, incurring no wrath, making no tough choices, while getting future taxpayers to pay for it with higher taxes…

#55 Faron on 01.20.21 at 3:45 pm

#45 bdwy on 01.20.21 at 3:22 pm

gm still rocking hard, this blog has the best tips.
it’s the new ev darling.

TSLA flat, GM up. GM flatish, TSLA up.

Lots of buzz around Magna International MGA, maker of EV parts. Some say they will be a big player with the Hyndai/Apple electric car effort. Say what you want about Apple (I’m not a fan, don’t own, but envy their hardware) with Tesla having serious QC problems, Apple will eat their lunch with their hyper stringent build specs. Of course, years away. VW and GM might eat TSLA’s lunch before then.

TSLA $400 strike put option continuing to suffer from theta bleed with each passing hour. Down to $0.90. One month to go, not looking like it’s going to expire worth a darn. Maybe that’s why using puts as an alternative to a short is frowned upon?

#56 Ponzius Pilatus on 01.20.21 at 3:48 pm

Biden takes oath on a 127 year old family bible.
Why is this even news?
Nothing against religion, but State and Church should be separated.

#57 Penny Henny on 01.20.21 at 3:51 pm

I would have taken your poll but I am retired and thus I feel my answering will skew the results of the survey.
ex 1,3,4,7

#58 Tua the Redeemer on 01.20.21 at 3:59 pm

#37 Faron on 01.20.21 at 2:49 pm
#31 cramar on 01.20.21 at 2:18 pm

HE’S GONE!

Huge sigh of relief. Looking forward to seeing Donald Trump in handcuffs and then maybe pardoned on his death bed when we Americans are in a better place. Good riddance.
——————————————————

He may be gone, but the conditions that led to his rise are still in place. The middle class is still being hollowed out, and there’s nothing the Biden administration will do to reverse that.

Meanwhile, Trump can go off and build a media empire as the “fraudulently” exiled rightful President. Can start a new party, can run himself or anoint one of the kids.

His brand in real estate is pretty much toast. Only way to make money now is by doubling down on his base.

#59 Billy Buoy on 01.20.21 at 4:03 pm

No Middle class? That’s new?

Who is going to pay for everything? The poor can’t and the wealthy won’t or will try their best to influence politicians through pay offs (cough) contributions.

Good times ahead, good times.

Better keep the have nots fat and occupied wealthy folks. There are far more of them and get a little cranky when not satisfied to the level the media has brainwashed them into thinking is their god given right.

Have fun! :)

#60 Toronto_CA on 01.20.21 at 4:13 pm

My income was lowered along with my hours from June-September, but they’ve now vowed they will pay it back to us.

My net worth is up considerably due to a *lot* of stock buying in March/April and house price appreciation.

Plus my wedding got cancelled and refunded, so that was another $50k back that I had written off…

#61 JR on 01.20.21 at 4:16 pm

Oh, and 400,000 dead citizens. In case you forgot. – Garth

Ha, like any one person in this world can be held responsible for a Virus. That is simply dishonest or atleast a false fallacy of some sort!

Leadership comes from the top. When the president mocked mask-wearing right up until there were hundreds of thousands dead, well, he is culpable. – Garth

#62 James on 01.20.21 at 4:16 pm

Celebrate the virus is gone!
From the White House that is!

#63 JR on 01.20.21 at 4:21 pm

Roughly two-thirds of Ameriacn adults, are overweight or obese. This has likely worsened the affect of COVID in the USA. Is this Trumps fault as well?

Canada has 18,427 COVID deaths to date.. If you multiply by 10x (roughly the population of USA) you’ll see we are half of the USA COVID numbers. This isn’t Trumps fault.

Nobody cares any more. This is Biden’s time, so we shall see how he does. – Garth

#64 Sail Away on 01.20.21 at 4:24 pm

Blackberry is starting to fly. A Canadian bright spark. Pay attention.

#65 Reximus on 01.20.21 at 4:30 pm

Oh, and 400,000 dead citizens. In case you forgot. – Garth

—-

not to mention fomenting the ugliest mob of neo nazis, white supremacists and other lunatic, violent democracy-deniers, that went on a rampage with god knows what vile intentions

#66 Ponzius Pilatus on 01.20.21 at 4:31 pm

#60 Toronto_CA on 01.20.21 at 4:13 pm
My income was lowered along with my hours from June-September, but they’ve now vowed they will pay it back to us.

My net worth is up considerably due to a *lot* of stock buying in March/April and house price appreciation.

Plus my wedding got cancelled and refunded, so that was another $50k back that I had written off…
—————-
Sorry,
But 50 K for a wedding?
Unless you are South Asian. Than that’s peanuts.
One of Ponzie’s laws is:
The length of a marriage is inversely related to the amount spent on the wedding.
See celebrity marriages.

#67 Sail Away on 01.20.21 at 4:33 pm

Breaking news! From SpaceX:

Starlink is now available in your service area.

The hunting tipi just turned into WFH away from home. 6 months in town, 6 months out? We shall see.

#68 HOUSES SUCK on 01.20.21 at 4:36 pm

HOUSES SUCK!

You have RADON gas in the basement, the 2nd biggest cause of lung cancer in humans. (Probably why wives send husbands to the basement man-caves!…man-cave…how lame by the way.)

You have 6 inches thickness of cheap plywood, shingles and insulation total between you and radiation from the depths of the universe.

Your windows give you a AMAZING view of the house across the street, or better yet the solid brick wall 4 feet away for that PRISON experience…or maybe the rear of your neighbour’s house.

AND YOU DON’T EVEN OWN THEM! It’s a LEASEHOLD! The QUEEN OWNS YOUR LAND!

HA HA HA…HAUS…owned by The Queen of England, who’s really German. What a SCAM!

#69 Faron on 01.20.21 at 4:36 pm

#58 Tua the Redeemer on 01.20.21 at 3:59 pm

#37 Faron on 01.20.21 at 2:49 pm
#31 cramar on 01.20.21 at 2:18 pm

He may be gone, but the conditions that led to his rise are still in place.

That is true, but a population that snapped from majority Obama voters to somehow voting Trump can easily snap back if Biden does what he says he will and IFF McConnell allows the senate to be truly bipartisan. Trumpism will also simply fade from memory as attitudes mean revert. People downplay how much of the gov’t stagnation that existed under Obama arose from McConnell flatly refusing to negotiate. That stagnation alienated many into thinking their government doesn’t work for them and caused them to seek an alternative in their president.

The middle class is still being hollowed out, and there’s nothing the Biden administration will do to reverse that

That’s not true, or at least far far too simplistic. Regardless, any rebalancing will take time. Improving healthcare access for Americans directly refutes your claim. Funding for infrastructure and the attending job creation will refute your claim. Strengthening social supports also directly refutes your claim. Tax law will help too. Probably most importantly, a ripping economy with regulations that keep even a small fraction of the profit flowing to workers will bring up the middle class.

Trump inherited a very strong economy that was the product of eight years of excruciatingly intricate policy development from his predecessor and it wasn’t until the end of that strong growth that wages finally started to come up for the below-median wage earner. Trump came along with blunt instruments of deregulation and tax cuts for the rich to get the economy to burn hotter, but unsustainably. Biden can repeat The Obama administration’s performance, but I fear that he lacks the raw organizational abilities, the talent and charisma that Obama had to plan carefully and execute what can be executed and get a modicum of bipartisan support. As W. said, “politics is hard”.

Further, the economy hasn’t seen an endogenous recession in getting on 13 years. There’s a very real chance that the endless bull market will roll over under Biden (may or may not be due to Biden era policies) in which case, there’s not much that can be done to buoy the 99%. It’s not impossible that Biden’s administration will see a market crash or a years long bear arising from a stagflating economy.

#70 Sara on 01.20.21 at 4:36 pm

#35 the jaguar on 01.20.21 at 2:43 pm

If Sail Away will indulge me I would be interested to know what he thinks about raw food diets for dogs. It can be a touchy subject, but I respect his opinion. He seems to know and love dogs.

=================
SA has made comments on this blog about how he has enjoyed eating dog meat, so I guess you could say that he really does “love” dogs.

A trusting dog will eat what you offer. Providing raw food is a crime against any canine. – Garth

#71 dgb on 01.20.21 at 4:40 pm

to JR#6….all the things that you list of Trumps accomplishments are things that HE SAYS he did…go deeper and get the REAL FACTS about what the results have truely been about those things that he states he did…you and many others have been led into his world of untruths by believing without finding out the true details…he is a genious only in the way that he is able to convince people that he is a stable genious…open your eyes people and see the truth of his lies…He once said in an interview “just because you say it’s true, does not make it true”…. this is exactly what he does himself and saying things are true when they are not (over and over again) has many people believing his falsehoods are the truth…open your eyes and find out the real truth….God Bless

#72 joekahn on 01.20.21 at 4:40 pm

Good Luck to the new administration in the USA.

#73 Faron on 01.20.21 at 4:42 pm

#58 Tua the Redeemer on 01.20.21 at 3:59 pm

#37 Faron on 01.20.21 at 2:49 pm
#31 cramar on 01.20.21 at 2:18 pm

Can start a new party

That would be the best possible outcome. It would rip the GOP in half and Democrats would permanently seize control of both political branches of government.

#74 MASK SCIENCE on 01.20.21 at 4:43 pm

DELETED. Anti-mask.

#75 Nik on 01.20.21 at 4:47 pm

hey Garth don’t follow posts everyday so this may have been covered. did you get a puppy after Bandit’s passing?

Also my annual portfolio returns ( 2020) Canaccord (TFSA, RESP) 6%, employer account (Dejardins) 14%

would be interested to see how others’ diversified portfolio performed over the same period

#76 Apocalypse NOW on 01.20.21 at 5:00 pm

BHC06 561 XLV 0

Trump is still in control.

PREPARE

#77 yorkville renter on 01.20.21 at 5:01 pm

Had a great year, financially, in 2020… yes, my business lost a customer and one cut back significantly (they are both in travel), but the rest of our book continues to motor along in the digital world.

also, #40 I assume you don’t know since you made the comment, but Smoking Man passed away

#78 Wrk.dover on 01.20.21 at 5:01 pm

#119 Tron Light on 01.20.21 at 9:52 am
#116 Sail Away on 01.20.21 at 9:30 am

Except very few people – just a guess here but I would say 98% – do not own the same car for 13 years. My other guess is that most people change cars every 5 to 6 years.

———————————————

7 in my fleet. Same bought as junk 4×4, now owned 40 years. Ave. veh. age now 37. Ave. timed owned now 24 years. The one we bought new as a year round driver, now 19.5 years old, cost $98/mo tax in, all divided out. As new, but corroding where the oil gun misses. 257,000km.

The Kid Rock song, “you’ll never meet another…quite like me.” Yeah!

#79 Dave on 01.20.21 at 5:02 pm

Is it likely that the new positions only seem higher because low(er) paying jobs are the ones most likely gutted (tourism, services etc.)?

#80 Linda on 01.20.21 at 5:06 pm

While it is completely correct that those in the service industry – anyone whose work depends on restaurants/bars/coffee shops, tourism, live entertainment or gym/workout related services have had a very tough time of it the trades have been doing very well. I’ve long lost track of the dumpsters on various driveways as yet another home improvement project takes place. As for yard services, was in a Zoom meeting with a gardening group listening to a talk with a landscape designer earlier this week. Even as we were being given tips & tricks said designer was lamenting the fact that before last year’s garden season ended the firm had had extreme difficulty in sourcing any hardscape material. Fencing, retaining wall materials, pavers – all of the above had been completely sold out or had seen the price rise exponentially or both. We were given the heads up to secure supplies now if we could, because as per said designer the phone was ringing off the hook with clients trying to book work to be done in 2021. In January, when the normal state of things is perhaps one or two calls per week. No, we don’t live in B.C. I’d imagine garden centers there are already under attack by rabid gardening types or those who have decided this is the year their yard will receive that makeover. That is my plan, since I will count myself lucky if I can get vaccinated by September & thus am not even trying to make any travel plans. Plus who knows when this virus finally gets corralled. Hoping will be able to resume travel in 2022…..

#81 Ponzius Pilatus on 01.20.21 at 5:09 pm

#69 Sara on 01.20.21 at 4:36 pm
#35 the jaguar on 01.20.21 at 2:43 pm

If Sail Away will indulge me I would be interested to know what he thinks about raw food diets for dogs. It can be a touchy subject, but I respect his opinion. He seems to know and love dogs.

=================
SA has made comments on this blog about how he has enjoyed eating dog meat, so I guess you could say that he really does “love” dogs.

A trusting dog will eat what you offer. Providing raw food is a crime against any canine. – Garth
———————–
Sailo is a narcissistic Trumpian.
He only loves himself.

#82 Ustabe on 01.20.21 at 5:11 pm

Faron: Amanda Gorman absolutely killed it.
She sure did, amazing spoken word performance. Inspiring. 22 years old…

Howard: Canada’s lower per capita toll was sheer luck in my opinion
That is a weird take. Canada’s lower per capita death toll is a product of listening to health authorities and as they became more aware of things needing to be done, continuing to follow the new directions. We didn’t politicize this, we put on masks.

Except for a willfully ignorant few who will be soundly shown to have been on the wrong side of unfolding current events.

#83 Dogman01 on 01.20.21 at 5:17 pm

January 6th Insurrection equivalent to 9/11 warranting the Largest peacetime deployment of the US Military in a US City?

If you are wondering Huh?, here is an excellent article by Glen Greenwald (Snowden release Journalist)

The New Domestic War on Terror is Coming -No speculation is needed. Those who wield power are demanding it. The only question is how much opposition they will encounter.
https://greenwald.substack.com/p/the-new-domestic-war-on-terror-is

Trump, Bernie Sanders, all challengers to the Red-Tie Blue -Tie establishment are vanquished, now how do we keep it that way?

#84 Howard on 01.20.21 at 5:18 pm

#44 SoggyShorts on 01.20.21 at 3:20 pm
#16 Millennial Realist on 01.20.21 at 12:55 pm
Boomer-Cons, are those tire marks I see today on some of your foreheads?
Be part of the change.
Or be run over by it.
***********************
Oh? What happened to them? Did they lose their 6&7 digit gains on their houses?
How about their fat portfolios?
S&P to hit record highs? Ouch indeed…

Try not to die from envy.

———————————————

Soggy you’re clearly very proud of yourself for the fine achievement of winning the birth year lottery.

Not sure if anyone is envious of the garden variety Boomer who followed the herd and bought McMansions 40 years ago, accomplished not much of anything, and let central banks do the work for them. I’m envious of Keith Richards for his guitar mastery or David Attenborough for his extraordinary travels and fascinating documentary-making. But Joe and Jane Boomer in Oakville living off a reverse mortgage? Not really.

That said, Millennials are total idiots for not aggressively voting for their interests (that’s something at which the Boomers definitely excelled), or failing to even recognize which policies would benefit their generation, so I guess they deserve their impoverishment.

#85 Sail Away on 01.20.21 at 5:19 pm

#70 Sara on 01.20.21 at 4:36 pm
#35 the jaguar on 01.20.21 at 2:43 pm

If Sail Away will indulge me I would be interested to know what he thinks about raw food diets for dogs. It can be a touchy subject, but I respect his opinion. He seems to know and love dogs.

———–

SA has made comments on this blog about how he has enjoyed eating dog meat, so I guess you could say that he really does “love” dogs.

———–

Yes, ’tis true. And other things. Beaver, for example.

#86 BillyBob on 01.20.21 at 5:21 pm

157 KLNR on 01.20.21 at 4:14 pm

toured around NA back in my 20’s, on a DUCATI no less.
Don’t want to be doing that as an old fella.
Nothing like seeing the world from a motorcycle
(no matter the make)

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

Already planning the revivification tour. In spite of my love of German engineering, am toying with using the Multistrada 1260. It ain’t your grandpappy’s Duc. Test-rode it and straight fell in love.

Roll on vaccines.

Oh um, right, the poll.

Yep, lost my job. As this concept is foreign to public sector workers, I feel I should explain: in the real world apparently losing 90% of your business makes it hard for a company to retain its employees – weird eh? This has resulted in the lowering of my employment income by roughly oh, about, lesse, 100%. Don’t know what the legal beagle squeeze makes, never asked. So household income = ??

Government aid: nyet. Nada. Apparently if you already have more than some randomly chosen amount of money they won’t give you even more. How crazy is that?! I think it’s discrimination and unfair and I am a victim and and ZZZZZzzzzzz….

WFH – yes. I waste time reading and writing on the interwebs doing absolutely nothing of value for large parts of the day so I’m basically a government employee without the paycheque and pension.

Speaking of internets I think CNN.com literally had an orgasm today over the inaug. Didn’t know it was possible for a website to do that. A bit off-putting really. CHILDREN, AVERT YOUR EYES!

Right, right. Focus.

Portfolio. Got one. Way up. Like giggly fun-time up. Seems only fair, since last Feb-Mar wasn’t as much fun. Oddly it’s taken my net worth to a higher place at the end of 2020 than the beginning. We live in strange times, hey-oh?

Home? Got one. Don’t really know what it’s currently worth. Don’t care, it’s paid for and I just live in it with some goddess with poor judgment and low standards.

Vaccine? Still waiting but yes please.

40-59 if you must know. But I photograph much younger. *Flutters eyelashes demurely*

#87 BillyBob on 01.20.21 at 5:23 pm

#62 James on 01.20.21 at 4:16 pm
Celebrate the virus is gone!
From the White House that is!

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

Irony: you’re still here.

#88 kc on 01.20.21 at 5:25 pm

#6 needs a 3rd response …. stayed the same, wont let me answer the questions without that one checked

#89 SoggyShorts on 01.20.21 at 5:27 pm

#60 Toronto_CA on 01.20.21 at 4:13 pm

Plus my wedding got canceled and refunded, so that was another $50k

********************
Wow. I mean 1 day for $50K?
Why not a little backyard BBQ, a trip downtown for some paperwork, and a 2-4 month honeymoon instead?

Unless your NW is in the medium 7 figures this sounds insane to me.

#90 tbone on 01.20.21 at 5:29 pm

I quit working January 2020 and still had one of my best years ever . Only one other time while i was still working that i made slightly more that year.
Hoping 2021 is even better !

#91 Reximus on 01.20.21 at 5:42 pm

#76 Apocalypse NOW on 01.20.21 at 5:00 pm

Trump is still in control.

PREPARE

which is why the senate MUST convict, and even republicans know it

#92 Aged Millennial on 01.20.21 at 5:47 pm

The Shiller PE hit 35 today, the first time since the tech bubble 20 years ago which ended in disaster for many. At what point would it be prudent for investors to cut their US equity exposure?

#93 ew2rd on 01.20.21 at 5:52 pm

Questionnaire should have asked – has your household expenses gone up

#94 Faron on 01.20.21 at 5:57 pm

#70 Sara on 01.20.21 at 4:36 pm

#35 the jaguar on 01.20.21 at 2:43 pm

A trusting dog will eat what you offer. Providing raw food is a crime against any canine. – Garth

What if your dog is woke? Paleo? Does yoga? You have to think this through Garth.

#95 Loonie Doctor on 01.20.21 at 6:01 pm

I think raising the capital gains inclusion rate is almost a given. However, whether to take the risk of harvesting gains now or not is a bit more complicated. Depends on timeframe (favors if you were going to sell soon anyway), changes in income (favors if you expect a pay jump in near future), and expected future return (higher rates make harvesting now riskier since you lose some of the capital to work the magic of compound growth).

I wrote about it here and it links to an online simulator.

https://www.looniedoctor.ca/2021/01/17/capital-gains-tax-planning/

-LD

#96 Don Guillermo on 01.20.21 at 6:15 pm

Speaking of internets I think CNN.com literally had an orgasm today over the inaug. Didn’t know it was possible for a website to do that. A bit off-putting really. CHILDREN, AVERT YOUR EYES!
******************************************
Probably picked that up from Peter Mansbridge during the nauseous Limo ride of fall 2015.

https://nationalpost.com/opinion/christie-blatchford-when-a-cloying-peter-mansbridge-became-too-much-for-even-trudeau-to-take

#97 jess on 01.20.21 at 6:28 pm

China has said it wants to cooperate with Joe Biden’s new US administration, while announcing sanctions against the “lying and cheating” outgoing secretary of state Mike Pompeo and 27 other top officials under Donald Trump.

https://www.theguardian.com/world/2021/jan/20/china-sanctions-trump-officials-mike-pompeo

#98 Pete from St. Cesaire on 01.20.21 at 6:31 pm

#56 Ponzius Pilatus on 01.20.21 at 3:48 pm
Biden takes oath on a 127 year old family bible.
Why is this even news?
Nothing against religion, but State and Church should be separated.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The problem with believing that religion and law aren’t intertwined is that there can be no law other than natural law and natural law is the basis for all religion. That is why the basic tenets of all religions are practically identical (the law against murder for instance).
No man can have dominion over any other man; all men are created equal, therefore no law created by man can have any legitimacy if it is not grounded in natural law.
Natural law does not change with the changing political landscape. Natural law is unchanging, as we see evidenced in the laws of physics.
If one wants to rule out religion (natural law) completely that will open the door to many undesirable outcomes. Ruling out natural law in effect neutralizes all law, therefore the freedom one gains will be met by an equal force of the tyranny of the lawless masses.
So it is foolhardy to believe that one can talk about law without talking about religion (natural law).

#99 bob dog on 01.20.21 at 6:32 pm

Perhaps Klueless Kenny should migrate 10-50 thousand software engineers to Alberta and open Google Plex North. Or Amazon Alberta.

Someone please tell this tool Tesla’s don’t run on oil.

Canadians are such a disappointment.

#100 S.Bby on 01.20.21 at 6:38 pm

#89 SoggyShorts

You’re thinking like a man. A $50K wedding is a woman’s idea.

#101 Pete from St. Cesaire on 01.20.21 at 6:40 pm

A trusting dog will eat what you offer. Providing raw food is a crime against any canine. – Garth
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Indeed.
I remember back in elementary school telling the class about how my mother cooked both hot-dogs and hamburger on the stove every night for our field spaniel. Later I got hell from the teacher for talking about that since apparently there were many in my class that likely went to bed hungry many nights. Hey, it was the teachers fault for having stated that people don’t feed their pets food that costs as much as they themselves eat. Although I usually feel that people who dwell on school to be immature, this little anecdote always stayed with me.

#102 Keen Reader on 01.20.21 at 6:43 pm

Although Q6 left out “No Change”, the real question is whether to consider the devaluation of money. Canadian M2 increased by 18%, and the US saw 25%. YoY B&D portfolio finished up, yet most of us fell behind – just haven’t realized it yet…

#103 Infrared on 01.20.21 at 6:46 pm

#6 – please add “Unchanged” option.

#104 Sail Away on 01.20.21 at 6:54 pm

#81 Ponzius Pilatus on 01.20.21 at 5:09 pm

Sailo is a narcissistic Trumpian.
He only loves himself.

———–

Not fair, PP. I think I’ve also demonstrated a deep and abiding love of money.

#105 Cici on 01.20.21 at 6:54 pm

#17 TalkingPie

Don’t worry Pie, I think you’ll be fine if you just keep on keeping on at what you’ve been doing.

There’s nothing wrong with treading water if it keeps you afloat until the service sector jobs come back and your airline stock rises with re-opening of the economy.

You sound hardworking and astute, so don’t get discouraged. But hey, if you are underemployed at the moment, this might be a great time to diversify your earnings potential by adding to your skillsets.

Good luck to you and happy 2021!

#106 Frank Blood on 01.20.21 at 6:56 pm

“Oh, and 400,000 dead citizens. In case you forgot. – Garth”
The Dems would not have had an any better performance..

Irrelevant to history. It was Trump’s duty to fight the virus, not deny it. He will never be excused for mocking mask-wearing, holding mass rallies during a pandemic with no social distancing or prompting his supporters to chant, ‘Hang Doctor Fauci.’ Stop trying to justify failure. – Garth

#107 Count Your Pennies on 01.20.21 at 6:58 pm

If people are over paying for homes now – they have no idea of what is coming next. Low interest rates will not save anyone’s bacon

#108 Bezengy on 01.20.21 at 7:00 pm

While you’re all updating your net worth calculations, make sure to add in your share of deficit spending. In my case (Ontario) I figure its up about $50 k this year.

#109 LP on 01.20.21 at 7:02 pm

not used enough

Today would be a good day to bring back a word hardly used anymore and that would be “skulk” as in, “He skulked off to Florida”.

#110 Marc Roger on 01.20.21 at 7:03 pm

Do you trust your government to spend wisely?
Not in the slightest.

#111 Nonplused on 01.20.21 at 7:08 pm

#23 The West on 01.20.21 at 1:24 pm
I am interested in seeing the results of the dogs who are drawn to this blog.

Anyone else watching the end of the mightiest Republic that humanity has ever built? I know, I know “Biden is better than Trump” “Trump was dangerous” “Orange man bad”…

Only time will tell. The Germans were very, very enthusiastic in 1933 – yet all the writing was on the wall.

Interesting times ahead.

————————————

The inauguration looked like something you would see in a police state. Or maybe “1984”.

https://www.msn.com/en-us/news/politics/powerful-images-symbolize-an-inauguration-unlike-any-other/ar-BB1cVKyz

Meanwhile a crowd showed up at the airport to see Trump off and an even larger crowd lined the streets on the way to Mar-a-Lago, no national guards in sight. A few police officers though.

https://www.youtube.com/watch?v=6wAj_3AWRHQ

I think if you had just arrived from space and didn’t know the backstory, you might be forgiven for assuming a military coup had just taken place upon seeing the images.

Anyway, I am sad to see Trump go, and not just because he was so darn entertaining. I have a vested interest in Keystone (as do all Canadians whether they know it or not). That alone would have caused me to vote “anybody but Biden”, were I able to vote in the US elections. But now Keystone is no more. Thus I forecast the Alberta depression to last at least 4 more years.

#112 Northshore guy on 01.20.21 at 7:10 pm

For the central bank, that help could come through ramping up its bond-buying to force down interest rates, or a small cut to its key policy rate among options Macklem mentioned Wednesday.

Keeping the door open to such a “micro” rate change is a shift in tone, as Macklem has previously said the current 0.25 rate is as low as it would go.

https://www.ctvnews.ca/mobile/business/vaccination-efforts-key-to-economic-recovery-bank-of-canada-says-as-it-keeps-rate-on-hold-1.5274155

————————–

BoC is gonna ramp up bond buying lol. Why don’t they introduce 30yrs fixed mortgage while they are at it!!

Bond market is a joke

#113 crowdedelevatorfartz on 01.20.21 at 7:13 pm

My God what a difference between Trumps final, rambling, self promoting, inane speech and Biden’s intelligent, self deprecating, uplifting speech.

4 years of the idiot and he’s finally gone.
Thank God

#114 Sara on 01.20.21 at 7:13 pm

A trusting dog will eat what you offer. Providing raw food is a crime against any canine. – Garth

Risky for both canine and human:

The Canadian Veterinary Medical Association (CVMA) accepts the evidence for potential health risks to pets fed raw meat-based diets (RMBDs), and to humans who are in contact with RMBDs, or with pets fed RMBDs. The CVMA holds that the documented scientific evidence of potential animal and public health risks in feeding RMBDs outweighs any perceived benefits of this feeding practice.

https://www.canadianveterinarians.net/documents/raw-meat-based-diets-for-pets

#115 crowdedelevatorfartz on 01.20.21 at 7:16 pm

@#104 Sailing Away

Good one.

#116 BC Renovator on 01.20.21 at 7:18 pm

Question 11 was a tough as I turned 40 last weekend. Garth you couldn’t of had a 40-49 bracket? Way to make a Guy feel old :-)

#117 Drill Baby Drill on 01.20.21 at 7:21 pm

How many of these new jobs are with the government? I personally would not count them.

#118 the Jaguar on 01.20.21 at 7:22 pm

@#47 Sail Away on 01.20.21 at 3:30 pm
Thank you, Sail Away. Like Garth, I don’t like the idea of a raw food diet, but I was curious to know what you thought. Kibble and table scraps makes sense to me. I was reminded of the subject by the Nova Scotia Duck Toller as I had a friend who wanted one but the breeder refused anyone that would not agree to a raw food diet.

#119 SOMETHINGS UP!! on 01.20.21 at 7:23 pm

NO VAX for us beavers for a couple weeks.

SOLD-OUT!

https://amp.cnn.com/cnn/2021/01/20/americas/pfizer-canada-vaccine/index.html

#120 Drill Baby Drill on 01.20.21 at 7:24 pm

How’s Selfie Boy making out with the vaccine role out? Give a Boy an Adult job and what do you get? But hey he did a great job with WE.

#121 mike from mtl on 01.20.21 at 7:38 pm

A trusting dog will eat what you offer. Providing raw food is a crime against any canine. – Garth
////////////////////////////////////////////////////////

Not aware of this drama? Domestic Dogs are omnivores and save some too fatty/salty/poisonous foodstuffs we humans concoct, they can live off pretty much anything we can.

Cats are carnivore serial killers and very picky, so actually there’s this bias against feeding prepared wet or dry food. There are various levels of ‘raw’ cat food.

Personally never seen a Dog owner feed anything other than prepared kibble but there might be some weirdos I’m sure.

I’ve lived with Cats all my life and never had an issue with prepared food. Though when I was a kid the outdoor/indoor Cat would easily find, kill and eat in front of me all manner of small creatures.

#122 Linda on 01.20.21 at 7:38 pm

#100 ‘S’ – depends on circumstances. The presumption the big fancy wedding is a female thing isn’t necessarily correct. Lots of big fancy weddings are guys showing off their wealth/success to their circle of acquaintances. All depends on what one thinks is important I guess.

#123 Frank on 01.20.21 at 7:39 pm

Economy blah blah….can anyone tell me what breed of dog is on the right hand side of the picture

#124 Gpr on 01.20.21 at 7:45 pm

Sweeping immigration reforms in US.

Garth – Do you think this will take some pressure off Canada’s housing market.

Even though immigration might not be the only reason for the sorry state in Canada, there are a sizeable number of people moving to Canada as US policies have’nt been welcoming for a while now. If things change, people might decide to stay back in US. Will this be a factor in taking pressure off Canada home prices esp in GTA and Vancouver where a lot of companies have moved their workforce from US (Amazon and Microsoft to name a couple of companies)

Immigration is down by over 65% and our real estate market is insane. So much for that theory. – Garth

#125 Ponzius Pilatus on 01.20.21 at 7:46 pm

#115 crowdedelevatorfartz on 01.20.21 at 7:16 pm
@#104 Sailing Away

Good one.
—————
You two Turnip Heads.
Got your root vegetables mixed up.
The Austrian official root vegetable is the rutabaga.
Forget Wiener Schnitzel, Rutabaga Gulasch is the Austrian National dish.
Arnie was a skinny wuss, then his parents put him on a rutabaga diet.
And the rest is history.
Do you research before posting stupid comments.

#126 Ustabe on 01.20.21 at 7:47 pm

All of you animal lovers out there, I have a tip for you.

Vaccines are wonderful but there is a very high incidence of tumors and cancers appearing at the usual vaccination sites on a cat or dog (over time).

Titer testing can ameliorate that issue. Instead of injecting a vaccine they simply draw a bit of blood.

Google can tell you more and your vet may or may not be onside. Prior to retirement my wife was a vet…a very successful one too. She is very much pro titer testing.

Raw pet food is great if you are running wolves or coyotes, domesticated dogs not so much. The only raw protein we generally fed our dogs was fish. Lots of vegetables tho.

#127 SoggyShorts on 01.20.21 at 7:47 pm

#84 Howard on 01.20.21 at 5:18 pm
#44 SoggyShorts on 01.20.21 at 3:20 pm
#16 Millennial Realist on 01.20.21 at 12:55 pm

Try not to die from envy.

———————————————

Soggy you’re clearly very proud of yourself for the fine achievement of winning the birth year lottery.

************************
Wrong as usual Howie. I’m not a boomer, I’m a gen X (at the edge of millennialism) who was born to poor immigrant parents.
I just made better choices than Millenial (un)realist

#128 crowdedelevatorfartz on 01.20.21 at 7:48 pm

The best speech of the Inauguration.

https://www.cnn.com/videos/style/2021/01/20/amanda-gorman-youth-poet-laureate-full-poem-biden-capitol-inauguration-vpx.cnn

We haven’t heard the last of this brilliant orator.

#129 The West on 01.20.21 at 7:49 pm

#111 Nonpulse

The Keystone decision by the American establishment is an unfortunate one for Alberta and, all of Canada. They’ve done it to save the price of their oil as the glut of suppluy continues to destroy value. When you sleep next to a giant….

I implore you though, look past the Biden/Trump kabuki theater. Trump was entertaining to be sure – it was good for meaningless chuckles here and there. But don’t forget that Trump is an actor – he’s not an outsider – he is a trained actor. Trump gives the establishment a face to hate and movement to condemn. The election theater, BLM destruction of the twin cities, the agent provocateurs in Washington on the 6th….it’s all winding down and the rulers couldn’t be more happy with how divided and ignorant the masses have become.

Think back now to the occupy movement? Go wayyyy back into the memory hole and remember what that was. COINTELPRO (look it up) had to get rid of that. The occupiers were unified (along all lines of race, gender, creed and political association) on a mission to save their government, and economy, from being devoured by the banking establishment. Can’t have that. So they’ve used every possible division they can think of (gender lines, sexual orientation lines, race lines, religious lines etc etc etc) to divide up the new serfs and ensure another 18th century revolution could never succeed. Then they usher in the plan-demic…a brilliant plan.

Don’t buy into the politics good sir, see past the MSM’s presentations and understand what’s really going on. Those soldiers are there for a reason – they’re all the economically, culturally, and spiritually destitute have left to rule them.

I know Garth disagrees (and he has good arguments as well) but, this is going to get really, really ugly. Neo-Feudalism is here. We’ve allowed it to take hold. As America goes – Canada will be sucked in as well.

#130 Ustabe on 01.20.21 at 7:53 pm

#104 Sail Away on 01.20.21 at 6:54 pm

Not fair, PP. I think I’ve also demonstrated a deep and abiding love of money.

You have demonstrated far, far more than that.

#131 crowdedelevatorfartz on 01.20.21 at 7:57 pm

@#124 Prehistorian Ponzie
“Arnie was a skinny wuss, then his parents put him on a rutabaga diet.
And the rest is history.”

+++++

OMG.

Ponzie sed TWO funnies in one month
AND on “Trump booted” day!

Can this day get any better?

#132 Wait There on 01.20.21 at 8:04 pm

In February 2020, can all those who said that it was just another case of the something like the flu and we’d all forget it in six months, please raise their hands.

Delete this.

#133 heloguy on 01.20.21 at 8:09 pm

Chris in Edm on 01.20.21 at 2:56 pm
I find it very sad that our politicians (on all levels, all sides) don’t even dare rock the boat. Remember when China built a new covid hospital in 5 days?

One of the benefits of a dictatorship.

#134 Nonplused on 01.20.21 at 8:09 pm

#89 SoggyShorts on 01.20.21 at 5:27 pm
#60 Toronto_CA on 01.20.21 at 4:13 pm

Plus my wedding got canceled and refunded, so that was another $50k
********************
Wow. I mean 1 day for $50K?
Why not a little backyard BBQ, a trip downtown for some paperwork, and a 2-4 month honeymoon instead?

Unless your NW is in the medium 7 figures this sounds insane to me.

———————————-

Last time I got married was in the “African Lodge” at the Calgary zoo. $10,000 for 110 people all in. ($91 per person plus bar charges but those were paid for by the attendees and my dad about 50/50. The zoo won’t do an open bar for liability reasons.) We were big supporters of the zoo before, you can find my kid’s names on 2 of their “donor plaques”, but the value was just incredible. They set up a “chapel” in one third of the building and a reception fully catered in the other 2/3rds. We had the ceremony later in the day and opened the bar immediately so nobody had to go anywhere, although they could go check out the animals while we took pictures. Pictures? Flowers everywhere (it was August). During the brief speeches (I find them to be a huge disservice to your attendees) there were giraffes walking behind the windows. The food was excellent and the staff very professional. The zoo staff even used their electric golf carts to get the elderly in and out. We had to hire our own DJ though.

So, no I am not attempting to brag. $50,000 is an insane amount to spend on a wedding. I am sure you could not do it for $10,000 at the zoo anymore, inflation and all and this was 16 years ago, but that price tag included everything but the DJ. Oh and the wedding cake. We didn’t get a wedding cake and nobody noticed. Or a photographer. We encouraged everyone to send us their photos and sure enough a few people showed up with their SLR’s and started coordinating the shots they wanted to prove their skills with their fancy cameras. Oh and no flowers. Why would you bring flowers to the zoo in August?

So my point is you can run a fairly flashy wedding for a lot less than $50,000 if you are willing to think outside the box.

Of course then many years later I went to my good friend’s second wedding and he definitely busted the $50,000 mark. But he could afford it. And most guests had to foot for a room. Not cheap at the Banff Springs, but we made him pay for it through the open bar. Holy heck I could hardly get my wife to walk in one direction. I am not sure the party closed down due to the hotel having a limit on how long it could go on or because he had a $25,000 limit on the open bar. There were many drunk people in the most elegant of surroundings.

I appreciate weddings and funerals for two reasons. Yes, they are both sad occasions, but they bring people together that haven’t seen each other in years.

#135 Diamond Dog on 01.20.21 at 8:11 pm

#47 Sail Away on 01.20.21 at 3:30 pm

Yep. Dogs are still carnivores. Enwiki defines dogs as “a domesticated carnivore of the family Canidae”, so their history and genetics are rooted in eating meat and as you say, fat but there are obvious hazards out there in raw foods to consider such as parasites, worms and bacteria.

Commercial or raw, does it really make that much difference other than how dog food keeps? When it’s raw, it comes down to the health of the “remains” and as long as a raw diet is free of parasites and worms and isn’t coming from a polluted environment, it’s on the menu. That being said, deer hunts in November weather that chases flies and other insects away helps to preserve the remains for a healthy raw meal.

Raw fish however, is a no no. I did a quick look online and found this link that says fish heads are ok, but not the raw flesh (parasites):

https://www.moesmeats.com/2015/08/fish-head-fish-head-feeding-dogs-cats-raw-fish/

#136 Nonplused on 01.20.21 at 8:20 pm

#99 bob dog on 01.20.21 at 6:32 pm

“Someone please tell this tool Tesla’s don’t run on oil.”

That is true they mostly run on coal and natural gas. Some nuclear and hydro where they have it. Wind and solar are still less than 2% of the mix in most places.
Electricity doesn’t just appear out of nowhere. Just go to a campground sometime and listen to the purr of all the generators. What are they doing? Charging batteries.

“Canadians are such a disappointment.”

Yes you are.

#137 Faron on 01.20.21 at 8:33 pm

#126 Ustabe on 01.20.21 at 7:47 pm

The only raw protein we generally fed our dogs was fish

Just not raw salmon I hope. There is a reason that Japanese people didn’t eat salmon sushi until it was foisted upon their market non-Japanese entities. Salmon can be loaded with parasites. Climate change is making it worse.

#138 Nonplused on 01.20.21 at 8:34 pm

#101 Pete from St. Cesaire on 01.20.21 at 6:40 pm
A trusting dog will eat what you offer. Providing raw food is a crime against any canine. – Garth
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Indeed.
I remember back in elementary school telling the class about how my mother cooked both hot-dogs and hamburger on the stove every night for our field spaniel. Later I got hell from the teacher for talking about that since apparently there were many in my class that likely went to bed hungry many nights. Hey, it was the teachers fault for having stated that people don’t feed their pets food that costs as much as they themselves eat. Although I usually feel that people who dwell on school to be immature, this little anecdote always stayed with me.

—————————–

Interesting. Thought provoking. It is probably true that some dogs eat better than many humans.

My cat on the other hand gets dried food and what mice she can catch (which is a lot). The mice are eaten raw. Then she wants cuddles and licks me. Gross.

#139 Wait There on 01.20.21 at 8:35 pm

So I spoke to a friend today in Montreal. Both of his parents passed away in early January this year because of Covid 19. They were in their 80s. Both of them had been living together and their only contact to others outside of their apartment was through their long term assisted care help which visited as required. Their children had stayed away and spoke to them remotely etc.
Of course one has to question the likely source of the infection. However, in the reality of the situation they also needed assistance. So it was a difficult situation.

It is indeed sad to see this situation since when they had contracted the virus it took 6 days and both of them were separated. Cruel situation. Children could not visit.

I think we need to blame the prime minister for their deaths just as we are blaming all 400,000 deaths on the prior president of the USA. From today the tally on the deaths in the USA will be on Biden’s head. Is this not fair?

#140 heloguy on 01.20.21 at 8:35 pm

Chris in Edm on 01.20.21 at 2:56 pm
I find it very sad that our politicians (on all levels, all sides) don’t even dare rock the boat. Remember when China built a new covid hospital in 5 days?

So there are benefits to a communist dictatorship?

#141 Nonplused on 01.20.21 at 8:44 pm

#122 Linda on 01.20.21 at 7:38 pm

“#100 ‘S’ – depends on circumstances. The presumption the big fancy wedding is a female thing isn’t necessarily correct. Lots of big fancy weddings are guys showing off their wealth/success to their circle of acquaintances. All depends on what one thinks is important I guess.”

In my case it was my mother that didn’t think I was spending enough. After all many of her friends and relatives were on the list to attend. When I finally got too frustrated for any more civility, I proposed that she could add whatever additions she would like including flower arrangements on the end of each row and two big ones on stage, so long as she was paying. Guess what? The purse snapped shut and the subject never came up again.

Assuming my previous comment gets posted after Garth is done dinner, you can also read how my mom’s spending plans were totally redundant. We had giraffes!

#142 Don Guillermo on 01.20.21 at 8:49 pm

#132 Nonplused on 01.20.21 at 8:09 p

Last time I got married was in the “African Lodge” at the Calgary zoo. $10,000 for 110 people all in.
***************************************
We went to a friends wedding at the Calgary Zoo 15 years ago. It was one of the best weddings ever. My partner and I have been together for 26 years, live in the same 1952, 1100 sq. ft. inner city bungalow she bought in 1993 and still haven’t been married. Mexican digs are only 900 sq. ft. Works well.

#143 crowdedelevatorfartz on 01.20.21 at 8:49 pm

@#139 Wait There
“I think we need to blame the prime minister for their deaths just as we are blaming all 400,000 deaths on the prior president of the USA. From today the tally on the deaths in the USA will be on Biden’s head. Is this not fair?”

++++

I disagree.

The donkeys’ in charge in Canada have had 10 long months to perfect their strategies, synergies, empowerment, etc etc etc. ad nauseum , to make long term care facilities safer, inoculation sites efficient,…. and yet , the case numbers continue to grow.

As apposed to the Donkey Kong in charge in the US who denied there even was a problem.
Big difference.

No.

Biden will be the answer……not the scapegoat.

#144 SoggyShorts on 01.20.21 at 8:52 pm

#134 Nonplused on 01.20.21 at 8:09 pm
#89 SoggyShorts on 01.20.21 at 5:27 pm
#60 Toronto_CA on 01.20.21 at 4:13 pm

Ok, a $10K zoo wedding for 100 people does sound pretty great.

I mean I don’t know what other people do for gifts, but at the last wedding I went to we put $200 in the box so the couple would have broken even on us if they had your wedding (theirs was probably half the price but 90% less cool)

I just keep thinking about the all-inclusive 7-day packages that could be had for 50K. For an “ok” place in Cabo someone could invite 50 guests, or take just a dozen other couples to a nice place on the Mayan Riviera.

#145 Faron on 01.20.21 at 8:55 pm

#111 Nonplused on 01.20.21 at 7:08 pm

…crowd showed up at the airport to see Trump off and an even larger crowd lined the streets on the way to Mar-a-Lago, no national guards in sight.

Ah, Sky news. Makes me wonder what percentage of your media diet is Murdoch funded.

Anyhow, I don’t call ~50 people a “crowd”. Especially in FL where showing up to root for trump wasn’t restricted. My favourite photo of the day is of the sole Trump goon who showed at the NY capital

https://metro.co.uk/2021/01/20/donald-trump-draws-huge-crowd-for-anti-biden-protest-capitol-building-13939081/

if you had just arrived from space

Luckily, zero people arrived from space today and the majority of earth denizens know that an unhinged farce of a presidency just saw its demise. That it was heavily secured was due to Trump and Trump alone and the spacing and lack of crowd was all COVID which may also be attributable to Trump bungling.

I am sad to see Trump go

Of course you are, he’s your boi. Luckily, another despot will rise up for you to cheer.

Keystone

Kenney got played/pwned/duped hilariously hard. He revealed that he has no business on a national or global stage if even provincial. Alberta should be disgusted by anyone who would reflexively dole out $1.3 B to big oil at the dawn of a massive pandemic/economic crash for a project that was DOA. As I’ve said, pro pipe here, but definitely not pro subsidies for an industry that hands out massive dividends to shareholders even as it faltered, among other sins. Alberta is a fantastic place filled with fantastic people who, in my view, are the closes in spirit to Americans. It’s unfortunate that your leadership makes the province appear to be inhabited by cave people when viewed from outside. Alberta deserves far better.

#146 Nonplused on 01.20.21 at 8:58 pm

#129 The West on 01.20.21 at 7:49 pm

Things to think about. I agree that Trump was an actor. But I am not sure he didn’t go off script.

#147 Hilroy on 01.20.21 at 8:59 pm

The unemployment rate for Canada in December was 8.6% – which means 91.4 % of the workforce was still working. I don’t get how it can be called a lock down.
Supply chains are too connected between U.S. and us for a true lock down – it would need coordination from both sides.

#148 Nonplused on 01.20.21 at 9:10 pm

#144 SoggyShorts on 01.20.21 at 8:52 pm

We asked for no gifts, but perhaps an anonymous donation to the zoo or the cancer society. Perhaps that is why they were doing it so cheap.

I was 34 and my wife 32. Pretty much everything including a house and a pop-up camper and Harley we could want we already had.

I am a little surprised that this has been one of my most popular comment threads, getting married at the zoo, but I also know the Calgary zoo has pretty much saved the burrowing owl from extinction, at least for now.

Sometimes it matters how you spend your money, even if you don’t have a lot to spend.

#149 binky barnes on 01.20.21 at 9:16 pm

JT will get the job–whatever it is–done. Nothing keeps this person from the task at hand–whatever it is. Nothing.

BB

#150 Mid on 01.20.21 at 9:18 pm

Well I tried to answer the questions the best I can but my life doesn’t fit into boxes.

I had no T4 employment for all of 2020. Did have a small freelance gig < 5k.

Investment portfolio did great in 2019. Increases were higher than my usual T4 income. Generally I am a low-income earner. Nice to have great gains in the portfolio!
Also 2020 has seen very good gains.

I lost my best friend and high school sweetheart at the beginning of the pandemic. He died in a matter of minutes from a blot clot in the lung. We don!t know if it was Covid-19.

My employer finally gave me a 4 month contract to teach a couple of courses remotely. <12k. I am on zoom and the course website about 50 hours a week, WFH.

Will need to update my internet but will have to cover the costs myself.

I have first-year students. They say they have never stepped on campus but are coping fine.

#151 Faron on 01.20.21 at 9:18 pm

#129 The West on 01.20.21 at 7:49 pm

#111 Nonpulse

You can believe what you want to believe “The West”, but I don’t think you have the slightest, foggiest, faintest clue about what actually happens in government (on any scale) or on the global stage. Put simply, it’s too complex and filled with too great a diversity of powers and actors be be outright manipulated as people like you and TurnerNation and the other plandemicers here think it is.

Sure, there are bad actors who are able to sweep in movements that we may detest (or love depending on the side you are on) or have powerful self-interest. But, for the most part, government is constructed with ambitious yet normal people like Garth (no offense intended calling you normal Garth) who actually want the best for the people they serve insofar as they know who the people are they serve, that’s the key point. I know it’s hard to believe, but it’s true. At least here in Canada and the US and other democracies.

Yes, it’s fun to see things as a large, centrally planned conspiracy. I guess it’s thrilling to think that you are an insider who is in the know about it. But, ultimately, conspiracy theories are simple minded and lazy constructions of a reality that people hold because they cannot actually grasp how complex and unplanned and imperfect the world actually is. Never forget how powerful the tug of entropy is on everything we humans do.

#152 Rural Rick on 01.20.21 at 9:19 pm

A trusting dog will eat what you offer. Providing raw food is a crime against any canine. – Garth
—————————-
If you won’t eat it don’t give it to your dog. Raw food is a pathogenic freeway right to your home. Don’t do it the risks outweigh any possible benefit.
Thanks Big Guy for speaking up. Woof

#153 Wrk.dover on 01.20.21 at 9:37 pm

#142 Don Guillermo on 01.20.21 at 8:49 pm

My partner and I have been together for 26 years, live in the same 1952, 1100 sq. ft. inner city bungalow she bought in 1993. Mexican digs are only 900 sq. ft. Works well.

—————————————–

Those numbers are eleven and nine times the square footage of a so called tiny home/trailer thingy. Palatial!

If the bulldozer guy would deliver a couple or three heaped loads of his scrap wood in his bro-dozer pickup, my heating needs would be met for a year in my modest 900′ home here in NS. But I’m two + years ahead on processed supply as it is. Plus I’ll have the upcoming salvage from the ongoing beaver activity outback.

#154 Peter Daubeny on 01.20.21 at 9:38 pm

#6 JR and Garth.
“Oh, and 400,000 dead citizens. In case you forgot.” – Garth

I in no way mean to diminish 400,000 dead but I was shocked to find out that as of yesterday (Jan 19th, 2021) the USA was number 11 in deaths/million population behind Belgium, Slovenia, Italy, Czechia, United Kingdom, Bosnia and Herzegovina, North Macedonia, Moldova and Bulgaria.

• COVID-19 deaths per capita by country | Statista

One conclusion that could be drawn from this statistic is that leadership doesn’t matter. I’m open to other interpretations.
Peter

You mean like diminishing the loss of 400,000 families? Well done. – Garth

#155 CJohnC on 01.20.21 at 10:02 pm

To all the Trumpites.

He’s done now.

No need for his name to ever be mentioned on this site again.

Goodbye, good riddance.

#156 Handsome Ned on 01.20.21 at 10:35 pm

Garth, for a poor pensioner as myself your survey should have had an under 40k income box. I feel like the guy who goes to the Porsche dealership and is told the Kia dealer is across the street. An interesting fact about the Duck Tollers is that they were bred to swim about decoys to make them bob realistically. They would of course retrieve the dead ducks as well.

#157 Ustabe on 01.20.21 at 10:52 pm

Some people say it was quite cold in Washington today. I heard as low as -45.

The music was pretty good too. YouTube has a nice clip of a military band marching past the Whitehouse playing Hit The Road, Jack, and don’t you come back…for real!

Goodbye crowd didn’t contain any GOP power members, they were all in church with Biden.

CNN: “smallest of his presidency” referring to crowd size.

Independant: “disappointing crowd”

WaPo: “modest crowd”

Picture I saw I’d generously, in the spirit of conciliation, say maybe a couple hundred.

Another picture showing Trump flashing the white power fist in air thing on the upper landing of the stairs to AF1. Same one Hawley did at the Capitol riot.

Oh, in other news Ashley Biden (daughter) has announced she will not be working in this administration. Precedent setting, no?

ONN has scrubbed any and all references or stories to Dominion voting systems, no explanation, no editor’s note, just gone. Wonder why?

Parler is now hosted and web services provided by a Russian owned company…patriots all, bless their hearts, eh?

Which reminds me ParlerWatch is a good follow.

#158 Paul on 01.20.21 at 11:02 pm

#143 crowdedelevatorfartz on 01.20.21 at 8:49 pm
No.

Biden will be the answer……not the scapegoat.
————————————————————————————————
Well I guess there won’t be any moaning if and when the wheels start to fall off Biden’s plans. No blaming Trump but people will.

#159 Eco Capitalist on 01.20.21 at 11:22 pm

@ #136 Nonplused

That is true they mostly run on coal and natural gas. Some nuclear and hydro where they have it. Wind and solar are still less than 2% of the mix in most places.

On the assumption that we are talking about Canada, that statement would be inaccurate. 60% of Canadian electricity comes from hydro. Gas/oil/coal accounted for only 18%. These numbers are from 2018, published by the National Research Council.

https://www.nrcan.gc.ca/science-data/data-analysis/energy-data-analysis/energy-facts/electricity-facts/20068

#160 Sail Away on 01.20.21 at 11:33 pm

#153 Wrk.dover on 01.20.21 at 9:37 pm

Plus I’ll have the upcoming salvage from the ongoing beaver activity outback.

————–

Good luck with the beavers. They are cute, soft, and exciting, yes, but never forget… they can also cause extreme turmoil. Everyone needs to find their own methods for dealing with beavers. I personally find the fuzzy little fussbudgets endearing, but not everyone is of the same opinion.

If you decide to tame one, be aware: Taming a wild beaver can be hard! Take your time and be patient- and don’t be afraid to ask a friend for help.

Enjoy the journey.

#161 Trudi Woods on 01.20.21 at 11:37 pm

I’m not really sure how one makes conclusions based on the questions asked but having answer them honestly I’m curious to see where it takes the discssion if nothing else.

#162 Diamond Dog on 01.21.21 at 12:31 am

#63 JR on 01.20.21 at 4:21 pm

Roughly two-thirds of Ameriacn adults, are overweight or obese. This has likely worsened the affect of COVID in the USA. Is this Trumps fault as well? – JR

It is. Trump could have at any time during his presidency, regulated the food manufacturing industry and clamped down on added sugar. 3/4’s of all food products have added sugar. We’re putting it in hamburger and all breads, it’s abhorrent what’s happened for 50 years or more now but during his watch, it’s gotten worse and Trump’s solution was cheaper insulin.

Trump’s deregulation talking point was in reality, a total flop in pretty much every way one can think of. The air is more polluted especially in the cities thanks to Trump’s rolling back gas mileage regs. Oil patch deregulation has paved the way for unprecedented flaring in the Permian basin that isn’t just environmentally reckless, its a total waste of gas, the water is more polluted thanks to his environmental deregulation, financials are at more risk thanks to Trump’s partial repeal of Dodd/Frank, immigration reforms looked like they were written by a Klansman and likely were, his presidency in terms of regulation in terms of protecting Americans and minimizing the waste of natural resources was criminal.

Canada has 18,427 COVID deaths to date.. If you multiply by 10x (roughly the population of USA) you’ll see we are half of the USA COVID numbers. This isn’t Trumps fault. – JR

The U.S. has 330 million people, while Canada has 37.3 million for an 8.85 : 1 ratio, not the 10 : 1 ratio you use. Looking at the numbers:

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

Using total cases per mil/pop:
U.S. has 7.52% total confirmed cases
Canada has 1.91% total confirmed cases.

It’s not half of U.S. numbers, its 25.4% of U.S. cases. By looking at the actual real numbers, of course its Trump’s fault! Look at that per capita column again (total cases per mil pop), what do you see? Only Czechia, Montenegro, Luxembourg, Andorra and Gibraltar have higher per capita infection rates and their populations don’t add up to 12 million people. A U.S. per capita infection rate like that is heinous!

To have such a high infection rate in a nation like the U.S. and to have a leader spread such pandemic misinformation from denial and minimizing the dangers to failed policy… this is what traitors do to their nations. Its sabotage, it’s not a first whether its capitol hill riots or misinformation campaigns and their conspiracy theory propaganda or isolating the U.S. with trade wars, bigotry and divisiveness, Trump was a POX on America. Trump left America sicker, poorer, weaker and more divided than when he found it. The only good thing there is to say about his shit stain presidency is that if he was more competent as a traitor and an autocrat, it could have been much worse.

#163 the Jaguar on 01.21.21 at 12:47 am

This blog is nothing if not flotsam jetsam of everything on peoples minds, despite Garth’s daily attempt to keep it on track.( real estate, finance, investments, etc.).

This is his great gift to us in troubling times. An opportunity to join with the dog pack, blow off a little steam, and seek a sympathetic ear or get scolded for our views. ( we knew we had it coming, didn’t we?). Thank you Garth for you service as an elected official in the Government of Canada, but especially now when we are adrift in the uncertainty of Covid 19.

I’ll be the first to plead guilty for sending things off track with whimsical, irrelevant musings that send some of the herd in otherwise unintended directions, such as dog food diets. Mea Culpa.

Strangely the result is sometimes therapeutic as all manner of confessions, suggestions, and everyday life observations are revealed. I am still laughing at NonPlused’s comments about a wedding at the Calgary Zoo, putting a cork in more elaborate suggestions of wedding expenes by suggesting his mother pay for those suggested expenses, etc. It’s hysterically funny because we have all been there. Thank you NonPlused for your unfailing honesty.

For those who live outside of Calgary, let me offer a little information about the Calgary Zoo, and specifically it’s geography. Some agree with ‘Zoos’, others do not, but if you have one, consider the challenges offered when a 100 year flood arrives. Following are a few small excerpts from an interesting article about what to do in a crisis. If you think Covid 19 is a crisis, imagine getting the news that your Zoo was about to go “underwater”. Article link at the end of these ‘excerpts’. ‘Veasey” was the Zoo’s director of animal care.

++++++++++

“St George’s Island is a 13-hectare island that house’s 215 of the zoo’s 700-plus animals, many of which are celebrities among the children who line up at the gates each day.
With no way to quickly and accurately determine how high the water would reach, Veasey couldn’t assume anywhere was safe.
Their window of time: less than 10 hours, for a collection of more than 200 animals on the island part of the zoo. He knew it bordered on impossible. Getting upset about it, though, was a luxury no one could afford until the job was finished.

If a catastrophic failure at the zoo occurred, Veasey, who has a PhD in animal ecology, knew it would be at the tigers’ enclosure. Over the next few hours, he would take turns standing guard with a high-powered rifle while senior curator Colleen Baird worked with zoo veterinarian Sandie Black to tranquilize its six Amur tigers using a blow dart. As each tiger went down, the others became increasingly distressed, backing up in their dens as they tried to avoid the dart.”

Complete article below.
https://calgaryherald.com/news/local-news/flood-at-the-calgary-zoo-the-inside-story

#164 slick on 01.21.21 at 1:00 am

#6 JR +
Irrelevant to history. It was Trump’s duty to fight the virus, not deny it. He will never be excused for mocking mask-wearing, holding mass rallies during a pandemic with no social distancing or prompting his supporters to chant, ‘Hang Doctor Fauci.’ Stop trying to justify failure. – Garth

I cant defend Trumps actions,,,,but 2 things.
1- He stopped flights coming from China right away.
Canada still hasn’t done that.
and 2 – He cleared the path for a vaccine to be put to use in 4 months. It normally would have taken 40 months. And at no charge to the US citizens.
The vaccine gets announced 2 days after the election
and Biden is lined up to take the credit.

#165 DRo on 01.21.21 at 1:01 am

Garth, Curious, why you made the combined income scale so low? Thought this crowd was high rollers.

#166 VanoMano on 01.21.21 at 1:13 am

hi Garth,
thanks for all you do with the blog. love it when you have polls so we can catch a glimpse into the situation of us deplorables in the comments section.

#167 Longterm on 01.21.21 at 1:43 am

#92 Aged Millennial on 01.20.21 at 5:47 pm

The Shiller PE hit 35 today, the first time since the tech bubble 20 years ago which ended in disaster for many. At what point would it be prudent for investors to cut their US equity exposure?

***********

Probably now and start to roll some into emerging markets and what you do keep in the US, possibly out of growth and into value stock etfs.

Here’s a valuable article from Jeremy Grantham from Jan 5, that is well worth reading as you ponder your question.

https://www.gmo.com/americas/research-library/waiting-for-the-last-dance/

#168 Nonplused on 01.21.21 at 1:47 am

#151 Faron on 01.20.21 at 9:18 pm
#129 The West on 01.20.21 at 7:49 pm

#111 Nonpulse

You can believe what you want to believe “The West”, but I don’t think you have the slightest, foggiest, faintest clue about what actually happens in government (on any scale) or on the global stage.

——————————-

And you do? Could be NPD. You should get checked out.

As my dad used to say whenever I was getting uppity as a young man, “If you are so smart, how come you aren’t rich?” Well I am sort of rich now so maybe I am sort of smart but he won’t admit it.

He doesn’t use the phrase anymore though. How would that go? “If you are so smart how come you aren’t rich?” “Well dad I am richer than most people.” “Oh. Never mind.”

#169 Longterm on 01.21.21 at 2:07 am

#151 Faron on 01.20.21 at 9:18 pm

Very well stated mate.

The fact that nobody is driving the planetary bus is too much for some to handle so they grasp at anything to make simple [non]sense of it.

Complexity, long periods of relative stability punctuated by non-linear effects, fractal patterns, strange attractors, and bifurcation points.

That’s what you get when you have billions of people making trillions of decision every day that affect other people, the biosphere, and the myriad structures – political, economic, and social – that we’ve constructed as humans.

#170 fishman on 01.21.21 at 2:22 am

Lab. #2 in last Amateur U.S. Open Field Trials Championships. Out of 140 dogs . Drills every day. 7 years old. Owner feeds him 1 1/2 cups of best grade dry dogfood with water & 1 can of sardines or 1 can of tuna once a day. Scraps from table include salmon,halibut or black cod skins. Sometimes small chunks of fish & meaty bone leftovers. Big bones. Pretty girls & small kids are allowed to give him doggy treats in front of the coffee shop. Thats it. Fathered 8 puppies last month & a breeding coming this week. U.S.$1800 or pick of the litter.
As far as raw fish & worms? All sushi must be frozen first. Kills worms. I’ve delivered tens of thousands of lbs. of frozen (FAS) tuna & salmon destined for the top restaurants, all over the world. No problemo.
Faron, you won’t have to worry about eating raw unfrozen salmon from B.C. DFO has managed to follow in their noble tradition of Atlantic salmon & Atlantic cod & exterminate the once great B.C. runs of Pacific salmon. You’ll be eating Russian or Alaskan sockeye. Its safe because it has to be frozen before shipping down here.

#171 yvr_lurker on 01.21.21 at 2:33 am

I laugh at the idea of a 50K wedding, that one would spend a few years paying off. My second marriage roughly 20 years ago was alternative. No expensive celebration, just did the paperwork and we went on a 2 month backpack trek to different countries in the Himalayas taking time off work. Had a party for a small group of friends and family when we got back. No flower girl, no band, no expensive dress and tux, no staged wedding photos etc….Some of our relatives were not happy, but it was our decision alone. We both still look back fondly at what we did.

#172 cacahuate on 01.21.21 at 3:20 am

#64 sail away
what is your prediction on Blackberry? I purchased it some time ago and finally broke even. Buy more or sell soon? Thanks

#173 Gotta Get Out of Calgary on 01.21.21 at 3:23 am

Completed the survey but found question 1 options did not fit my situation. Did you lose your job? — Yes AND No.

I retained my full time day job but lost my part-time job. The work had to cease when the shutdown occurred and the employer worked feverishly during the shutdown to find a way to move what I and my counterparts in the other provinces did to an online process. They succeeded. Got notice last month that job is gone permanently. This was a big disappointment as the loss is a significant chunk of income. Plus as fulltime jobs turn over every five years or so with restructuring, automation, outsourcing, etc., this part-time one was stable. Steady every week, no matter what, for the last twenty-three years (and I enjoyed it too — double loss).

Eveyone, EVERYONE (friends, acquaintances, co-workers), I know in Calgary who is single works more than one job — a fulltime day job plus an additional part-time job, contract or casual job, or has a small side business of their own. Costs in this town require it for most single folks.

So the answer to question 1 was No, I didn’t lose my job and Yes, I lost my job. No CERB or other government benefits since I was thankfully still working the full-time job.

Although many state their costs went down and savings went up during the pandemic, my experience is the opposite. Lost a significant chunk of income and incurred increased expenses as the day job moved to a work remotely from home basis. Work from home shut down the employer premises so could not purchase a discounted transit pass. Without a vehicle, I rely heavily on transit and my monthly pass costs increased by $70. Had a small rent increase and a large increase in the purchase of bathroom tissue, facial tissue, and hand soap. (My sister-in-law’s biggest complaint too. With both parents working from home and two male teeangers online schooling from home, bathroom paper and food costs went up noticeably, as did the number of times a bored teenager stood in front of an open fridge looking for something to eat.)

Employer supplied the loaner laptop but all other expenses for internet service, supplies, increased power use, etc. were our own.

Disappointed that with nowhere to go and nothing to do except the occasional grocery run, the pandemic increased my costs. I was hoping it would be an opportunity to boost my savings.

#174 Gotta Get Out of Calgary on 01.21.21 at 4:17 am

#85 Sail Away on 01.20.21 at 5:19 pm

“Yes, ’tis true. And other things. Beaver, for example.”
————————————————————-

Interesting. Shawn James from My Self Reliance (I posted about him previously) also likes beaver, particularly the tail. He prepares it in one of his videos. Says it is a part that often goes to waste so is happy to take any discarded beaver tails from local trappers. He’s also fond of bear.

#175 Gotta Get Out of Calgary on 01.21.21 at 4:25 am

#47 Sail Away on 01.20.21 at 3:30 pm

“That said, our dogs eat a lot of raw food…..salmon heads and backbones…..”
——————————————————-

I never thought dogs would like it but am surprised by how many will eat fish carcasses. I was fortunate to have a trip to the Yukon and spent a day at Frank Turner’s sled dog kennels. Those dogs had the silkiest, shiniest coats I had ever seen.

Frank gets fish carcasses, mostly char, from somewhere each day. Every dog received one carcass with head, backbone and tail. They obviously enjoyed them based on their excitement when the fish arrived and obvious bliss while chewing.

#176 Marvin on 01.21.21 at 4:46 am

Mask wearing has been widespread all over Europe since the spring. The body count continues to pile up. The only abatement to the body counts have been widespread lockdowns, which of course have been crushing the economy. In the country where I live, the body count has been rapidly escalating since the fall, despite rolling lockdowns and masks being worn everywhere.

Perhaps the masks slow the roll of the disease to some extent (it’s likely), but in the grand scheme of things, there certainly doesn’t appear to be much difference in outcomes based on the actual deaths reported.

Garth—————————————————–
Leadership comes from the top. When the president mocked mask-wearing right up until there were hundreds of thousands dead, well, he is culpable. – Garth

#177 baloney Sandwitch on 01.21.21 at 8:28 am

Covid has shown that we need to go much more socialist than before, otherwise, society will disintegrate into haves and have-nots and civil strife. We can see that happening in the US, where the “deplorable” class was hijacked by a fascist demagogue.

#178 Tua the Redeemer on 01.21.21 at 8:32 am

RE Faron-

You can have a strong economy while the middle class is being hollowed out. That’s basically been the story in the US for the last 20 years.

A demographic bubble of working aged people around the world, coupled with advancements in communications and logistics allowed for vast amounts of work to be offshored. That depressed wages for the working and middle class, but kept corporate profitability strong.

An infrastructure program, corporate tax cuts, or really anything the administration is considering will not reverse those trends.

The average hourly wage in 1970 was $3.22 which is equal to $21.22 in 2019. But in 2019, the average hourly wage was $19.33. And that was due to a spurt higher from a tight labour market in 2014 to 2019. Leading up to Trump’s election, the average worker was even further behind.
More here:
https://www.epi.org/publication/swa-wages-2019/

#179 NoName on 01.21.21 at 8:39 am

#174 Gotta Get Out of Calgary on 01.21.21 at 4:17 am
#85 Sail Away on 01.20.21 at 5:19 pm

“Yes, ’tis true. And other things. Beaver, for example.”
————————————————————-

Interesting. Shawn James from My Self Reliance (I posted about him previously) also likes beaver, particularly the tail. He prepares it in one of his videos. Says it is a part that often goes to waste so is happy to take any discarded beaver tails from local trappers. He’s also fond of bear

Never had a bear, but when you think of it, it makes sense considering that majority ot their food is plant material, especially summer through early to mid fall.

#180 IHCTD9 on 01.21.21 at 9:01 am

#153 Wrk.dover on 01.20.21 at 9:37 pm
#142 Don Guillermo on 01.20.21 at 8:49 pm

My partner and I have been together for 26 years, live in the same 1952, 1100 sq. ft. inner city bungalow she bought in 1993. Mexican digs are only 900 sq. ft. Works well.

—————————————–

Those numbers are eleven and nine times the square footage of a so called tiny home/trailer thingy. Palatial!

If the bulldozer guy would deliver a couple or three heaped loads of his scrap wood in his bro-dozer pickup, my heating needs would be met for a year in my modest 900′ home here in NS. But I’m two + years ahead on processed supply as it is. Plus I’ll have the upcoming salvage from the ongoing beaver activity outback.
____

Sorry mang, I think I finally have a good use for all my scrap wood. I had the rocket stove tooting like never before last night as I continued experimenting with the best way to use the thing. I was planning a few mods this weekend, but I’m going to hold off on all but one of them after last nights playing around.

Wood chunks worked much better than stick wood – the combustion chamber (3/8″ plate) was glowing red hot, and over 900 degrees F at the top of the stove. The entire 18″dia x 48″ tall bell was just belting out the heat.

I think those beaver dam sticks would make perfect feedstock for rocket stove chunks…

#181 David Hawke on 01.21.21 at 9:04 am

Who to believe, Ford’s shill or his predecessor?

https://nationalpost.com/news/canada/ontario-lockdown-not-supported-by-strong-science-says-former-chief-medical-officer-of-health?utm_term=Autofeed&utm_medium=Social&utm_source=Twitter#Echobox=1611168513

#182 Albertastrophe on 01.21.21 at 9:05 am

The exodus out of Alberta is the talk everywhere in the province. This has been trickling for a while, but will become a flood before long.

Expect a population drop of close to 50% in just a few years.

Thanks so much for saving and investing for the future, all you Conservative nitwits who totally bungled the Heritage Fund. :(

Maybe Jason will try to put a ‘departure tax’ on everyone leaving, to try to make up for his own stupidity at financial management.

#183 Guelph Guru on 01.21.21 at 9:12 am

The tale of two is indeed visible everywhere.
Me thinks that, if our dear leaders keep the economy locked any longer, everyone would board the Economic Titanic no exceptions and the rich would loose more.
Pray our 4 year king opens up the economy in the near future.

#184 IHCTD9 on 01.21.21 at 9:19 am

#138 Nonplused on 01.20.21 at 8:34 pm

My cat on the other hand gets dried food and what mice she can catch (which is a lot). The mice are eaten raw. Then she wants cuddles and licks me. Gross.
___

Our old Male Cat has a surprising range of foods he will happily eat, beyond the staples like cat food and whatever rodent he can catch. He will happily eat apple pie crust, fried eggs, ice cream, mashed potatoes, carrot cake, Boterkoek, bacon, cheese, and of course, any kind of cooked or raw meat – except roast beef which is no bueno for some reason.

Ever since he decided our house was going to be his new home, I have fed him treats at the supper table, right off my fork. Maybe this bad idea has contributed to his wide range of tastes.

#185 TurnerNation on 01.21.21 at 9:23 am

What does the future hold? It’s all there right now in the media. Predictive Programming only. No news.

– Here in the occupied province of Ontariowe we are of course totally broke and indebted as a province by design. You just know, they will hand out overvalued “Green energy” contracts to all the Party Faithful, taxpayers will foot the bill.
All ski hills – which employed thousands – were ordered shut by the globalist-run governing junta. We need that tax income & jobs.
BUT Skating rinks – run by public sector union municipal employees are A-okay to remain open. And this is not a planned economic re-set?


– More CHAOS is planned. Wait you think this is about a vax and our Health Comrade?
https://toronto.citynews.ca/2021/01/19/calls-to-cut-off-big-box-non-essential-shopping-grow/


– This British MP is talking up the global line. They destroyed the world and now:
https://twitter.com/MattHancock
@MattHancock 21h
Congratulations to President Biden & Vice-President Harris on your historic election victory.
I look forward to working with the new administration to further our shared values, tackle global issues like COVID & climate change & build back better.


– Don’t forget the real scam. SKYDOME ballpark an was built to massive cost overruns borne by taxpayers, natch. Then it was sold for pennies on the to Rogers. Toronto’s current mayor is of course a former Rogers CEO. One of those things.
How the game is played: the Bluejays baseball team was banned from the country due to “health”, in 2020.
No the real reason already announced they wish to tear it down and build the Kandos

Building endless condos is okay and never was halted since this economic shut down began. Not a peep about ‘carbon’ there. But my point is we will crumble into 2nd world status as every action will be subject to ‘climate’ rules. I’m sure this person loves their plastique Tesla with its batteries, brimming with toxic materials, mined around the world:

“Globe says Rogers Centre [Skydome] teardown a “climate crime”
The Globe and Mail reports in its Thursday edition that the proposed teardown of the Rogers Centre in Toronto is, from a climate perspective, “criminal,” says architect Kelly Doran. The Globe’s Alex Bozikovic quotes Mr. Doran saying, “That building has 55,000 tonnes of carbon baked into it.” Creating the building’s 137,000 cubic metres of concrete and 7,000 tonnes of steel generated large volumes of carbon dioxide in the atmosphere.
… The built environment accounts for about 40 per cent of global emissions; the construction of new buildings alone makes up 11 percent of the total.
© 2021 Canjex Publishing Ltd. All rights reserved.

#186 millmech on 01.21.21 at 9:27 am

#162
I have worked in various food plants throughout my career and I grow my own vegetables and source my own meat either wild or organic and process it myself. If one was to work in these plants for themselves you would also source your own food supplies.
People are lazy, just look at any fast food drive thru at any meal time totally packed, it would be quicker, easier and cheaper to make a healthy meal at home. It is always someone else fault for our problems never our own.
If the market demanded less sugary foods the suppliers would adjust to that demand, they give us what we want.

#187 Sail Away on 01.21.21 at 9:29 am

#172 cacahuate on 01.21.21 at 3:20 am
#64 sail away

what is your prediction on Blackberry? I purchased it some time ago and finally broke even. Buy more or sell soon? Thanks

————-

I like Blackberry for these reasons:

1. John Chen changed direction when it was clear they had lost the smartphone race
2. The company is supported by government to the tune of $40M incentive before Covid last year.
3. They inked an autonomous driving deal with Amazon
4. They just won the patent infringement suit against Facebook. Settlement details are sealed, but BB was suing for royalties rather than lump sum payment. Could be big ongoing income.
5. QNX vehicle software leads the field.

There aren’t many Canadian businesses of note these days. It feels like the right person is at the helm.

#188 Dharma Bum on 01.21.21 at 9:34 am

#14 No Left Turn

Freedom is the only thing that matters… the only thing.
——————————————————————–

Oh, and:

Motorcycles
Skiing
Smoking Meat (Ribs, Pork Butts, Briskets)
Shotguns
Rifles
Hunting
Fishing
Forests
Hiking
Photography
Traveling
Wine
Bourbon
Family
Cottages
Power Tools
Wildlife
Log Cabins
Lakes
Rivers
Oceans
Beaches
Mountains
Dogs
Friends
Coffee
Joe Rogan
Pizza
Firepits
Rock n’ Roll
Health
B&D 60/40 Portfolios
Greater Fool Blog
Garth Turner

#189 Dharma Bum on 01.21.21 at 9:53 am

#56 Ponzius Pilatus

Biden takes oath on a 127 year old family bible.
Why is this even news?
——————————————————————–

I guess it’s because it’s fairly rare for a minority to be elected president.

He’s only the second catholic to be prez.

#190 willworkforpickles on 01.21.21 at 10:04 am

By 2025 – regardless of an ominous state of depression, normalized rates of 7 or 8 percent will be the lesser of alternative evils.

#191 Dharma Bum on 01.21.21 at 10:05 am

It’s nice to see Canadians sharing their neighbours’ jubilation.

Hopefully we can display the same euphoria when the ignorant, evil, uneducated, pseudo-woke, virtue signalling, fancy socks wearing, hypocritical, lying, incompetent, communist, fake-feminist, business killing, moistly speaking, drama teaching, blackface wearing, pathetic waste-of-a-heart-beat PM is finally ousted.

One can only hope.

#192 highlander101 on 01.21.21 at 10:12 am

Here’s some great tik tok investing advice! This is all you need to know to make money :) https://twitter.com/TikTokInvestors/status/1350854473598558213

#193 fred on 01.21.21 at 10:40 am

when do we see the poll results. If more than 50% want a new vaccine not tested for the long term – this world is finished.

Results later today. The tabulators are recovering now from their trauma. – Garth

#194 IHCTD9 on 01.21.21 at 10:51 am

#193 fred on 01.21.21 at 10:40 am
when do we see the poll results. If more than 50% want a new vaccine not tested for the long term – this world is finished.

Results later today. The tabulators are recovering now from their trauma. – Garth
____

I’m curious on this poll too.

I’m betting it will show the Boomers won’t have to worry much about getting run over by anything, short of a Brinks truck.

#195 Emma Zaun - GreaterFool Unpaid Intern #007 on 01.21.21 at 10:57 am

Results later today. The tabulators are recovering now from their trauma. – Garth
___________________________________

Thanks so much for your compassion for our work, Garth.

Like, NONE.

No decent wages.
No PPE.

Constantly screening all the deplorables coming here with their rampant health issues (including over 90% with erectile dysfunction and psychiatric defects), and then you dump on us Amazons even more extra work curating another stupid survey.

Why on earth would you want to know anything more about the creepy Trump-lovers infesting this blog?

Emma Zaun
Shop Steward
CUPE (Canadian Union of Peelers and Exhibitionists)

#196 Chugab Lug on 01.21.21 at 11:21 am

Yo Yo. I hope you pipe haters crowed long and hard when Biden’s job killing announcement hit TRP. I announced my buy on the dip. I bought big. Oh Boy did I get laughed at, “ How stupid could I be….? Pipe is over. I got comments like that from pros. Hahahaha….I’m up over $4 a share since the knee jerk splat. Thanks for puking up your stocks guys. Biden is a hollow puppet, just like Trudeau….but the market doesn’t take him seriously.

#197 IHCTD9 on 01.21.21 at 11:41 am

#191 Dharma Bum on 01.21.21 at 10:05 am
It’s nice to see Canadians sharing their neighbours’ jubilation.

Hopefully we can display the same euphoria when the ignorant, evil, uneducated, pseudo-woke, virtue signalling, fancy socks wearing, hypocritical, lying, incompetent, communist, fake-feminist, business killing, moistly speaking, drama teaching, blackface wearing, pathetic waste-of-a-heart-beat PM is finally ousted.

One can only hope.
____

Fiscal Conservatism in Canada is dead, cold, and stiff. The more our leadership spends, the more popular they get. Everyone is snorting free money up their nostrils thru a straw that runs to Ottawa.

This will not change until the SHTF in some form or another. Could be inflation causing rates to rise, could be oppressive taxation, could be indefatigable unemployment, and job losses.

It’s pretty easy to like a doorknob who hands out free money like candy when there are seemingly no consequences.

My advice is to back up the truck while you can, and simultaneously pay as little as possible back into the system for as long as activist style SJW policies are the #1 priority in Ottawa. You won’t be spared later no matter what your actions are today.

Frankly I welcome the scenario where we keep voting in Trudeau types. I’ll retire sooner, exit the system in the black, and watch the eventual fireworks from the sidelines.

#198 Faron on 01.21.21 at 12:02 pm

#187 Sail Away on 01.21.21 at 9:29 am

It feels

Emotional investing are we? :-)

#199 Bill on 01.21.21 at 12:08 pm

#197 IHCTD9
My advice is to back up the truck while you can, and simultaneously pay as little as possible back into the system for as long as activist style SJW policies are the #1 priority in Ottawa.
—————————
A leach no pride maybe?
With that attitude I drought how well off one would be. Entrepreneurs like myself contributing millions in taxes are key builders of countries and economies.
Despite T2s lack of oversight and cost benefit analysis I for one will continue to contribute and hope that we, well circling the drain, pop back out on track in time. That forgone attitude will provide the opposite results. Think back to war time measure and debt….we survived.
Sadly T2 is a virtue signaling pandering idiot and that is exactly what destroys systems in place. Most people need to be led and told what they need but that requires experience and logic neither of which he has.
I have more respect for Doug Ford :-(

#200 Russ on 01.21.21 at 12:14 pm

Sail Away on 01.20.21 at 11:33 pm
#153 Wrk.dover on 01.20.21 at 9:37 pm

Plus I’ll have the upcoming salvage from the ongoing beaver activity outback.

————–

Good luck with the beavers. They are cute, soft, and exciting, yes, but never forget… they can also cause extreme turmoil. Everyone needs to find their own methods for dealing with beavers. I personally find the fuzzy little fussbudgets endearing, but not everyone is of the same opinion.

If you decide to tame one, be aware: Taming a wild beaver can be hard! Take your time and be patient- and don’t be afraid to ask a friend for help.

Enjoy the journey.
=========================

Hi Sail Away,

That is good information, with the caveat that if you engage a friend or neighbour to help with the beaver it is a good idea to monitor the activity.

If you are away for periods of taming there can be unintended consequence in the behavior of the beaver when you get back.

cheers, R

#201 Sail Away on 01.21.21 at 12:24 pm

#196 Chugab Lug on 01.21.21 at 11:21 am

I bought [TRP] big. Oh Boy did I get laughed at, “ How stupid could I be….? Pipe is over. I got comments like that from pros. Hahahaha….

————-

???

You should associate with better pros.

TRP is well-positioned with good fundamentals. Any pro worth his/her salt would know that.

#202 SeeB on 01.21.21 at 12:27 pm

#1 Ken on 01.20.21 at 12:18 pm

The Progressive agenda is about to begin and hopefully everybody has a good memory of what the good old days really felt like.

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Which “good old days” do you refer to, and what feeling are you trying to preserve from them?

#203 kc on 01.21.21 at 1:01 pm

164 slick on 01.21.21 at 1:00 am

The vaccine gets announced 2 days after the election
and Biden is lined up to take the credit.

XXXXXXXXXXX

You mean – Same day as inauguration this gets released to decrease the cases? Biden solves the CV-19 pandemic by decreasing positive cases?

“WHO guidance Diagnostic testing for SARS-CoV-2 states that careful interpretation of weak positive results is needed (1). The cycle threshold (Ct) needed to detect virus is inversely proportional to the patient’s viral load. Where test results do not correspond with the clinical presentation, a new specimen should be taken and retested using the same or different NAT technology.”

20 January 2021 Medical product alert
Geneva
Reading time: 1 min (370 words)

https://www.who.int/news/item/20-01-2021-who-information-notice-for-ivd-users-2020-05

#204 IHCTD9 on 01.21.21 at 1:05 pm

#199 Bill on 01.21.21 at 12:08 pm
#197 IHCTD9
My advice is to back up the truck while you can, and simultaneously pay as little as possible back into the system for as long as activist style SJW policies are the #1 priority in Ottawa.
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A leach no pride maybe?
With that attitude I drought how well off one would be. Entrepreneurs like myself contributing millions in taxes are key builders of countries and economies.
Despite T2s lack of oversight and cost benefit analysis I for one will continue to contribute and hope that we, well circling the drain, pop back out on track in time. That forgone attitude will provide the opposite results. Think back to war time measure and debt….we survived.
Sadly T2 is a virtue signaling pandering idiot and that is exactly what destroys systems in place. Most people need to be led and told what they need but that requires experience and logic neither of which he has.
I have more respect for Doug Ford :-(
____

Not really a pride thing, more like doing the math, making a plan, and executing. I vote, but my fellow Canucks see things differently than I. That’s totally cool with me, and my fellow Canucks should be likewise totally cool with me not “paying my fair share” no? I hope they can handle it.

Call it whatever you like. I call it pressure, and I hope many more Canadians are exerting it. I admire your optimism, even though I do not share it. 2 Trillion in total debt is just too much for a measly 19 million workers making an average of 46K/yr, to deal with. At the point where the country is irreparably damaged by government, I cease to feel obliged to support said government.

If we keep electing Trudeau types who like to kill off big revenue streams, spend hundreds of billions we don’t have, and play activist all day, then Canada is only going down.

#205 Jesse on 01.21.21 at 1:05 pm

#16 Millennial Realist on 01.20.21 at 12:55 pm
Boomer-Cons, are those tire marks I see today on some of your foreheads?
Be part of the change.
Or be run over by it.
***********************

Envy is leaking again…

#206 James on 01.21.21 at 2:58 pm

#87 BillyBob on 01.20.21 at 5:23 pm

#62 James on 01.20.21 at 4:16 pm
Celebrate the virus is gone!
From the White House that is!

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

Irony: you’re still here.
___________________________________
Your the disease and I’m the cure!

#207 JT on 01.21.21 at 3:13 pm

Garth,
Have you been following the Cullen Commission in B.C. at all? They are investigating massive money laundering in B.C. via casinos and, of course, real estate.

I think they estimated that organized crime money laundering caused prices in Van to go up by 5% a few years ago (i.e. if it went up by 10% total, half of that was from price pressure from criminals snatching houses to hide their true cash flows). I’m not sure if they have estimated any other years.

Of course, this means that B.C.’s opioid crisis is also fuelling house prices: OC gets rich off of the death and addiction of thousands, they take advantage of our housing mania, buy properties way above asking, launder money, then quickly sell the properties to themselves for even higher prices and more laundering opportunity.

Because Canada’s homeowners see their net worth go up, why ask any questions? I mean, its because there is a fixed amount of land, a growing population, and a sexy PM, right??

Canada’s GDP per capita has been stagnant for a decade, so isn’t this housing mania a lovely little fantasy of wealth and prosperity.

But how many families in this country have wept at a funeral for someone who died from fentanyl, but also drank champagne when their Vancouver/Toronto tear-down sold for an inexplicable $100,000 over asking?

If Mr. Sock’s is now buying into Canadian houses via the first time home buyers program, who is going to fight our laundering and opioid crisis? Most Canadians are, whether they know it or not, building their wealth in-part by riding the coat-tails of the crooks who exploit holes in our policies and regulations to hide their drug money.

If 2/3 of our households are 1-asset investor/speculators, OC quite simply has us hostage as long as they are able to hold this kind of power on major local RE markets. Who would actually want to solve the opioid crisis if they understood why their pile of bricks was so valuable?

There is zero impact on BC’s overall real estate market from drug sales or money laundering. It’s political clickbait. Apparently it’s working. – Garth

#208 SoggyShorts on 01.21.21 at 3:23 pm

#148 Nonplused on 01.20.21 at 9:10 pm
#144 SoggyShorts on 01.20.21 at 8:52 pm
I am a little surprised that this has been one of my most popular comment threads, getting married at the zoo
*********************
The thing is that people generally like the zoo, and getting married there is a pretty neat idea.

What cynics like me take issue with is all of the rip-offs surrounding “traditional” weddings.

https://www.youtube.com/watch?v=O5BeLinyfpg&ab_channel=truTV

https://www.youtube.com/watch?v=N5kWu1ifBGU&ab_channel=CollegeHumor

#209 Faruh on 01.21.21 at 3:52 pm

Chrystia to get her way. Who is Chrystia

#210 Frank B. on 01.21.21 at 8:33 pm

DELETED. Anti-mask.

#211 Chugab Lug on 01.21.21 at 10:32 pm

#201 Sail. LMFAO, yeah sure . That’s why stock was puked up on Biden’s announcement and I got TRP at a huge discount. Anyway, I made $80 grand for the week and you didn’t. Not my best week by far. You? Did you buy or just spill your donuts?

#212 Sail Away on 01.22.21 at 12:04 pm

#211 Chugab Lug on 01.21.21 at 10:32 pm

…I got TRP at a huge discount. Anyway, I made $80 grand for the week and you didn’t. Not my best week by far. You? Did you buy or just spill your donuts?

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Rein in those horses, CL. Below is my Jan 4 post. Today, these purchases sit at -1.6%, +14.5%, +8.3%:

*******

#109 Sail Away on 01.04.21 at 7:20 pm

I bought Choice Properties REIT (CHP.UN), TC Energy (TRP) and Nano One (NNO.V) today: two dividend stocks, one wildly volatile.

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