The sequel

The vax news is getting more infectious. The AZ brew’s been okayed for all us wrinklies, increasing supply. That floof about it causing blood clots has been discredited. Booster shots for the two-dose vaccines can now be months (not weeks) apart – more supply. And as of next week, boodles of bottles will be arriving in Canada.

All we beavs are finally getting closer to a jab, and meanwhile Biden’s big promise of 100 million inoculations in his first hundred days is coming to pass. Two million Yanks are being stuck daily now. By June, we’re told, there’ll be herd immunity in America. Hopefully we will follow in short order. There may be another wave of this damn virus before that occurs but this much is certain – we’re winning. Peoplekind, 1. Pathogen, 0.

So combine vaccine lift with the boffo jobs numbers last Friday, record household savings, Rogers spending $26 billion to swallow Shaw and stock markets 60% higher than a year ago – not to mention GameStop, Bitcoin, NFTs, baseball cards and bungalows in Tillsonburg – and we’ve got the Everything Bubble.

Sheesh. Look at the equity markets. Fresh highs everywhere. The S&P at 4,000 for the first time. Nasdaq up over 90% in a year.

Say, do you recall this day (March 16) a year ago?

Sure ya do. It was scary. It sucked. The Dow lost almost 13% – the biggest plop since 1987. The S&P shed 12% in one session. The Nasdaq crashed the most ever. Tesla croaked. The virus was ripping through society, and our minds. Nobody wore a mask but everyone was hoarding bumwad (for some reason). The real estate market froze. The lockdowns started. The border shut.

The Vix looked like this. Yikes.

On that day this pathetic blog dismounted, swaggered to the edge of the abyss, spat a cigar stump into the void, adjusted its gun belt and told you what to expect…

The short – the next 120 days
Canada goes into recession, which means a period of negative growth. Contraction. A bunch of people lose their jobs (already happening with Westjet, the oil patch, tourism, lobster guys). A global recession is also possible, which means less demand and lower prices for crude. Alberta is kinda pooched. Financial markets roil and volatility stays extreme.

Where’s the bottom? Dunno yet, but it’s coming. Markets are pricing in not only economic torpor but a 30-40% drop in corporate earnings. That would be historic. And while it’s also temporary, traders are so intensely risk-off that common sense is as unwanted as a share in Suncor or Tesla….

The long – come autumn
First, does anyone really, seriously, truly believe that in a global effort modern science will fail to produce a vaccine? Not me. It’s a done deal. Just need time. As for the economy, consider that US unemployment is the lowest in a half-century with steady income gains over the last few years. Store shelves are empty right now because people have spent a storm. Look at the vids online of hours-long lineups to get into a Calgary Costco, for example. Parts of the economy may be shuttering. Others are red hot.

Once public panic recedes pent-up demand for clothes, cars, iPhones and houses will be intense. It will happen in an environment in which central banks have injected enough stimulus to make Kevin O’Leary grow hair again. Cheapo loans. Oceans of available credit. Direct money transfers to families and businesses. All fuel for the fire.

Needless to say, financial assets will also ignite. Come the autumn the world will look like a different place. Airplanes will be flying. Stores will be open. The amount of surplus toilet paper will be epic. You will be happy you didn’t bail out of perfectly good assets when they’d lost a third or more of their value, and that you were fully invested when values restored.

Darkness. Dawn. You know the drill.

What we didn’t know then: that this would last more than a year. That WFH would embrace five million Canadians. That Trump would allow Covid to decimate America, kill 500,000 citizens, then help defeat him. That nesting, FOMO and cheap money would ignite housing, everywhere. That governments would spend $20 trillion globally to combat a bug – almost all of it freshly-printed funds.

So here we are. The goal line is in sight. But just as the advent of this pandemic brought profound change, so will its exit.

In the short term, the melt-up in housing and financial assets is likely to continue. As mortgage rates increase, so will real estate activity as buyers rush in to lock up rates and secure deals. The average house in Toronto or Vancouver increased by about $140,000 in the last six months, says RBC. Could that repeat? As for stocks, new stimulus money, global economic reopening and a surge in corporate profits have traders looking at a string of new highs right into 2022.

Meanwhile interest rates and mortgage costs will jump. Home loans that were 1.5% a few months ago will be 3% next year. Inflation will bubble up, leading to wage demands as workplaces open again. Central banks will taper back on their stimulus programs  – and how can governments not increase taxes in their budgets next year? Global growth will hike demand for commodities, with Canada benefitting from a price boost. Trudeau will call an election in the next few months. Soon you won’t remember that Erin guy’s name. Or the Green lady. Downtown condos will be gold again. Kamala will be the next president.

Oh, and Covid won’t be quite gone. We just won’t care anymore. Enough drama.

179 comments ↓

#1 Flop... on 03.16.21 at 2:02 pm

Don’t really like pimping construction material products, but I see a lot of homeowners on here, and even renters that come across as people that could do with the occasional professional help.

This product has crept into more common use in my workplace the last year or so and I think it will help a few people out.

It is a product called Instant Bond, I guess you could basically call it glorified super glue.

It’s uses are endless, as are the things around the house that can break.

This product has so many more uses than traditional super glue because of its strength factor.

We were talking about its strength at work the other day, and a guy cut two 8 inch pieces of baseboard with a mitre, he then proceeded to put the adhesive on one side, the activator on the other and pressed them together for 10 seconds.

He then tugged on them profusely to try and separate them, could not, and then dropped it on the ground from six feet, no luck, stomping on it was the only way he could break the immediate bond.

It can be used without the activator to give you more time to adjust things, but with the instant bond you can just apply it to something and then if you want long term support, just fire a couple of nails in.

Up to you, you can continue to use duct tape on everything but this stuff works, is invisible and because of the 5000lb psi bonding strength can be used to do almost anything.

Do not put it on the bosses toilet seat, unless you want to work from home permanently…

M46BC

https://www.instantbond.com

#2 Franco on 03.16.21 at 2:05 pm

Historic times indeed. This era will be studied and talked about for generations to come.

#3 ogdoad on 03.16.21 at 2:12 pm

Great post!

Now the world has seen how adaptable humans can actually be. A few rise-ups here and there but for the most part quiet herd-able. Next time it won’t come as a surprise and TP won’t sell out. Next time the asks on humanity will be greater, disguised, until we’re all in the cloud belong to the IoT – plug in and pipe down!

Keep the booze and edibles available and everything will be fine.

Og

#4 Leslie Warren on 03.16.21 at 2:13 pm

Some of the homecrud selling here in Barrie is quite scary; at the prices being paid.
I think there will be waterfalling tears within 2 years.

And about 2 years.
In January 2020, I said we were in for 2 years of messy, mess. A lot of folks with whom I engaged agreed. (Others said nothing, thinking I was nuts.)
So re
“What we didn’t know then: that this would last more than a year.”
I think a lot of us did. We hunkered in.
And we really worried about the spectacularly wrong-headed, short-term decision making by governments. We still do.

#5 Paul on 03.16.21 at 2:19 pm

Biden’s big promise of 100 million inoculations in his first hundred days is coming to pass.
————————————————————————————————
Good thing Trump ordered the Vaccine early!

#6 Stone on 03.16.21 at 2:22 pm

I’m really disappointed. I really mean it.

I’m still waiting for Kevin O’Leary to grow hair.

#7 Damifino on 03.16.21 at 2:25 pm

Soon you won’t remember that Erin guy’s name. Or the Green lady.
————————————

Yep. The greens are pitifully irrelevant. The Cons have managed to dig their own grave for a second time.

But what about the Dippers? Can Jagmeet hold on to his dwindling fortunes? That will be interesting.

I don’t wish him all the success in the world. Only just enough success to cause the Libs a second minority, thereby forcing a Liberal leadership race, which admittedly, Freeland would probably win.

Unlikely, I know, but it would be sweet.

#8 Leftover on 03.16.21 at 2:25 pm

“Kamala will be the next president”… if she can beat Nikki Haley

#9 KNOW IT ALL on 03.16.21 at 2:26 pm

GOT my 1st dose of the VAX last Friday.

Had slight cold symptons for a few hours and was fatigued a few days later other than that all good.

Stop being a punch of coward P***Y Catz and go get vaxed!!!

#10 Stone on 03.16.21 at 2:37 pm

The AZ brew’s been okayed for all us wrinklies, increasing supply. That floof about it causing blood clots has been discredited. Booster shots for the two-dose vaccines can now be months (not weeks) apart – more supply.

———

Maybe it’s time for politicians to stop making unsubstantiated claims about something being safe or duration between shots. As for the gouvernment agency that’s supposed to be reviewing this, it’s pretty obvious that politicians are influencing the message.

I prefer the message from the manufacturer (Pfizer, Moderna). They don’t recommend changing the duration between shots. I’m happy to be provided a link stating otherwise.

As for AZ, no thanks. I’ll err on the side of caution and stick with a Pfizer or Moderna vaccine. I’ve had a blood clot before. It’s nothing to be flippant about.

There are more blood clots per 100,000 people among those who are unvaccinated. So much for your opinion, speaking of people to ignore… – Garth

#11 Richard L on 03.16.21 at 2:41 pm

Garth – perhaps you could share your thoughts in a future post about how one may be able to profit once the real estate bubble bursts and inflation kicks in.

#12 ElGatoNerodeYVR on 03.16.21 at 2:50 pm

My hope being an eternal optimist is:
now that the Conservative Party unfortunately failed to move to the centre and are irrelevant at national level (no matter if they find a charismatic known leader,they don’t have a plan that will resonate) ;
The Liberals having all but bankrupt the NDP will revert back to a centre left and be more fiscally responsible while continuing to sell unicorn dreams to the naive and the disenchanted.
One can only hope as really there is none of relevance to vote for according to my personal preferences.

Mackay was the hope. Once again the socons blew it. – Garth

#13 VGRO and chill on 03.16.21 at 2:51 pm

You need 80-90% vaccinated to get herd immunity.

30% of Americans say they won’t get the vaccine.

25% of Canadians say they won’t get it.

The vaccines won’t end lockdowns/restrictions unless we get herd immunity, because if we open up prior to herd immunity, it will circulate in the unvaxxed, grow and grow within that group, and could still easily overly tax/overwhelm our health care system.

So yeah, I’m optimistic, but there is also a chance we hit a vaccine “wall” and need a way to convince the unconvinceable. What to do we do if people simply choose to not get it? It’s not legal to force people to get jabbed.

#14 TurnerNation on 03.16.21 at 2:51 pm

It would be super great if our Forum Host & the Guest Bloggers – who are of course as all of us, ‘Asymptomatic’
at this time – log their experiences and next few days, even with a photo of said event – of them getting their JABS.
To, of course, help reduce the Vaccine Hesitantcy.
What a service to public that would be.

#15 Sail Away on 03.16.21 at 2:54 pm

And… Toronto-based Just Energy goes bankrupt:

https://finance.yahoo.com/news/just-energy-seeks-bankruptcy-texas-162232824.html

#16 Stone on 03.16.21 at 2:59 pm

#10 Stone on 03.16.21 at 2:37 pm
The AZ brew’s been okayed for all us wrinklies, increasing supply. That floof about it causing blood clots has been discredited. Booster shots for the two-dose vaccines can now be months (not weeks) apart – more supply.

———

Maybe it’s time for politicians to stop making unsubstantiated claims about something being safe or duration between shots. As for the gouvernment agency that’s supposed to be reviewing this, it’s pretty obvious that politicians are influencing the message.

I prefer the message from the manufacturer (Pfizer, Moderna). They don’t recommend changing the duration between shots. I’m happy to be provided a link stating otherwise.

As for AZ, no thanks. I’ll err on the side of caution and stick with a Pfizer or Moderna vaccine. I’ve had a blood clot before. It’s nothing to be flippant about.

There are more blood clots per 100,000 people among those who are unvaccinated. So much for your opinion, speaking of people to ignore… – Garth

———

When something is unknown, a certain level of caution is warranted. I understand most people are ok with being mindless spoon-fed lemmings. I just choose not to be one of them. Walking off a cliff and going splat isn’t very appealing to me. As I indicated above, links indicating otherwise are welcome. From that, I can reevaluate my opinion if appropriate.

So anyone disagreeing with you is a ‘mindless spoon-fed lemming.’ Good to know. – Garth

#17 Billy Buoy on 03.16.21 at 3:02 pm

market’s smarkets…

Let’s see what GOD (cough) Powell says Thursday about interest rates or if he says nothing at all..

That’s who controls the market (cough) bubbles. Nothing else at this point.

I bet he lets rates rise a little until it’s too late and then panics and does YCC.

The spending WILL continue out of control until we hit hyperinflation a few years down the road, the “system” will crash and viola…1 nice digital currency for all.

Praise Powell and Yellen for all your gains….

Hyperinflation will never occur in North America. – Garth

#18 500,000 plus along with his self-defeat on 03.16.21 at 3:16 pm

Not so sure about Kamila… My money’s going back to Hilary…

#19 crowdedelevatorfartz on 03.16.21 at 3:21 pm

Erin OToole.
Dreadful commercials.
He has the curb appeal of a religious missionary with a pamphlet.
What were the brainiacs thinking that elected him Leader.
Hopefully….
Another minority govt so O’Toole can be quickly sent packing and that embarrassment of riches, Trudeau, soon after that.

#20 Ponzius Pilatus on 03.16.21 at 3:24 pm

#7 Damifino on 03.16.21 at 2:25 pm
Soon you won’t remember that Erin guy’s name. Or the Green lady.
————————————

Yep. The greens are pitifully irrelevant. The Cons have managed to dig their own grave for a second time.

But what about the Dippers? Can Jagmeet hold on to his dwindling fortunes? That will be interesting.

I don’t wish him all the success in the world. Only just enough success to cause the Libs a second minority, thereby forcing a Liberal leadership race, which admittedly, Freeland would probably win.
———————
RE: Greenparty
I respectfully disagree.
If my 2 Millenials and their friends are any indication,
the Greens may make some substantial inroads, especially in BC.
In provincial pre-federal elections in Germany, the Greens are defeating the sitting government.
Without Merkel the CDU will most likely be defeated.
The US is in dire need of a third party.
There are enough Demokrats who feel that party is not left enough.
A spot that the a Green-like party could occupy.
And with each day, and with each speech from one of their leaders, the Republicans are becoming more and more obsolete.

#21 Paul on 03.16.21 at 3:31 pm

It Looks like more countries are taking another look.

————————————————————————————————

https://www.dw.com/en/germany-suspends-use-of-astrazeneca-vaccine-along-with-italy-france-spain/a-56878920

#22 Stone on 03.16.21 at 3:33 pm

#16 Stone on 03.16.21 at 2:59 pm
#10 Stone on 03.16.21 at 2:37 pm
The AZ brew’s been okayed for all us wrinklies, increasing supply. That floof about it causing blood clots has been discredited. Booster shots for the two-dose vaccines can now be months (not weeks) apart – more supply.

———

Maybe it’s time for politicians to stop making unsubstantiated claims about something being safe or duration between shots. As for the gouvernment agency that’s supposed to be reviewing this, it’s pretty obvious that politicians are influencing the message.

I prefer the message from the manufacturer (Pfizer, Moderna). They don’t recommend changing the duration between shots. I’m happy to be provided a link stating otherwise.

As for AZ, no thanks. I’ll err on the side of caution and stick with a Pfizer or Moderna vaccine. I’ve had a blood clot before. It’s nothing to be flippant about.

There are more blood clots per 100,000 people among those who are unvaccinated. So much for your opinion, speaking of people to ignore… – Garth

———

When something is unknown, a certain level of caution is warranted. I understand most people are ok with being mindless spoon-fed lemmings. I just choose not to be one of them. Walking off a cliff and going splat isn’t very appealing to me. As I indicated above, links indicating otherwise are welcome. From that, I can reevaluate my opinion if appropriate.

So anyone disagreeing with you is a ‘mindless spoon-fed lemming.’ Good to know. – Garth

———

I said “most”, not “everyone”. “Most” also fall into that category when it comes to buying overpriced real estate. Buying overpriced lumber. Liking Drake. Adele. Hoarding TP. And paper towel. Especially Costco’s Kirkland brand for some reason. Buying high. Selling low. Etc. Etc.

It’s too bad science has been thrown out with the bathwater.

https://www.cbc.ca/news/politics/nemer-henry-vaccine-interval-experiment-1.5932714

Canada’s chief science advisor. Stating this is population level experimentation.

#23 JB on 03.16.21 at 3:35 pm

#5 Paul on 03.16.21 at 2:19 pm

Biden’s big promise of 100 million inoculations in his first hundred days is coming to pass.
————————————————————————————————
Good thing Trump ordered the Vaccine early!
……………………………………………………………………..
Good thing the current government knows how to actually get the vaccine into peoples arms instead of bleach! Trump was a putz and a complete buffoon.

#24 Ponzius Pilatus on 03.16.21 at 3:36 pm

#19 crowdedelevatorfartz on 03.16.21 at 3:21 pm
Erin OToole.
Dreadful commercials.
He has the curb appeal of a religious missionary with a pamphlet.
What were the brainiacs thinking that elected him Leader.
Hopefully….
Another minority govt so O’Toole can be quickly sent packing and that embarrassment of riches, Trudeau, soon after that.
—————-
Compared to the leader of the Republicans Mitch McDonnel, OTooly comes across as mini Churchill.

#25 JB on 03.16.21 at 3:39 pm

#19 crowdedelevatorfartz on 03.16.21 at 3:21 pm

Erin OToole.
Dreadful commercials.
He has the curb appeal of a religious missionary with a pamphlet.
What were the brainiacs thinking that elected him Leader.
Hopefully….
Another minority govt so O’Toole can be quickly sent packing and that embarrassment of riches, Trudeau, soon after that.
………………………………………………………………..
Amen to Trudeau going bye bye, sniffle, sniffle. The boy brat has a lot of learning to do before he can ever be of any use in the government.
Right now I believe he is qualified to clean the People-kind washrooms though.

#26 Prairieboy43 on 03.16.21 at 3:40 pm

Kamala?? No chance. Didn’t make top ten in Democrats leadership race. Shouldn’t be VP of America. I am thinking Buttegeig or whatever his name is. Gay President. Why not. This is America, anything can happen.
Had lunch with my friend (home inspector, Edmonton), his phone was ringing steady from realtors. Houses from $400,000.00-$450,000.00. Selling instantly. Alberta has what, 10% unemployment rate?? We laughed, lot hurt coming down the line. Sell my Aluminum Lund 18’ boat (2010), dollar was on par with USD then. Covid pricing, likely sell 25% more than I paid for it. Crazy times…..
PB43

#27 Millennial 1%er on 03.16.21 at 3:41 pm

Don’t forget to post your vaccination on social media for virtue signalling points!

All jokes aside, go get vaxx’d guys. Stand with Canada! Just don’t virtue signal, yikes.

#28 Billy Buoy on 03.16.21 at 3:41 pm

Hyperinflation will never occur in North America. – Garth

I agree if they don’t go overboard with Stimulus over the next few years….

If Michael Burry says it’s possible, I listen.

#29 Hookshott on 03.16.21 at 3:41 pm

#19 crowdedelevatorfartz on 03.16.21 at 3:21 pm
Erin OToole.
Dreadful commercials.
He has the curb appeal of a religious missionary with a pamphlet.
What were the brainiacs thinking that elected him Leader.
Hopefully….
Another minority govt so O’Toole can be quickly sent packing and that embarrassment of riches, Trudeau, soon after that.
…..
And the Cons expect people to vote for them and establish policy when they cannot even show enough intelligence to elect a decent leader?? They are dreaming!

#30 The HT on 03.16.21 at 3:45 pm

Pathogen – 0?

Are you high today, Garth? Millions of deaths, and generations of economic fallout… Things are looking up, but it’s hardly a shutout for us human people!

#31 CJohnC on 03.16.21 at 3:51 pm

#7 Damifino “forcing a Liberal leadership race, which admittedly, Freeland would probably win.”

Nah, Mark Carney would win

#32 The Woosh on 03.16.21 at 3:51 pm

Mackay was the hope. Once again the socons blew it. – Garth

—————————————————

Oh boy…snicker, snicker. For most people, memory is short. In the case of Mackay, he made a long lasting bad impression. Something like the face you make taking a sip from a really bad and bitter coffee. I was not surprised when he was kicked to the curb this time around. If he was the Conservative party hope then the party might as well quit now and rebrand themselves to something else like “We’re like the Liberals but with a blue colour”.

#33 BlogDog123 on 03.16.21 at 3:57 pm

Oh, and Covid won’t be quite gone. We just won’t care anymore. Enough drama.
===

You might care if your business depends upon things like:
1. Corporate Event Planning
2. Indoor play (kids birthday party place)
3. Bar/nightclub

When is it safe to open without the threat of local health department closing us down due to a ‘surge’. Will that big event planned for be scrubbed because of a spike in cases, even with the vaccination proceeding??

Will clients even commit a deposit with many people attending in 2021? When will companies have their employees meet for drinks after work?

Not a good time to be a sports bar with March Madness, other sports playoffs coming,…

#34 leebow on 03.16.21 at 3:57 pm

The next few years will be amazing for stocks and mediocre to horrible for real estate in Canada.

#35 Father's Daughter on 03.16.21 at 4:00 pm

Yes, MacKay was the hope and they blew it.

In COVID-19 news
Look at what’s happening in a BC care home where only 65% of the workers have opted for the vaccine (sad and should not be allowed)

https://bc.ctvnews.ca/covid-19-outbreak-grows-at-b-c-care-home-where-most-residents-have-been-vaccinated-1.5349072

The virus is not going away. It will continue to cross our borders and spread within. Get the vaccine or take your chances. Our tired and burnt out health care workers will have a very hard time mustering up sympathy for those who opt out and get gravely ill. Factor that into your decision.

Public health measures won’t save you, as those will be relaxed as we need to move on with life. The numbers of the non-vaccinated getting sick won’t be enough to overwhelm the system. Only to overwhelm those who refuse their dose.

Now I know how this blog feels about kids, but I’m expecting another one which is now looking like it will move me up the line for the vaccine ASAP as pregnant people will be higher priority. Several states and AB have made the change already, Ontario in the works.

I mean there’s gotta be some perks to bearing and caring for these grotesquely expensive (and this week, grotesquely sick and snotty) children
Sign me up.

#36 Woke World on 03.16.21 at 4:06 pm

The bald white dude doesn’t stand a chance…T2 and the impaler can’t lose…. he paints his face black and dances like a nutjob with silly socks… and yet he won… truly stunning!

#37 Tron Light on 03.16.21 at 4:09 pm

DELETED

#38 Six Foot Six on 03.16.21 at 4:11 pm

“And as of next week, boodles of bottles will be arriving in Canada.”

Well I have to say I would rather drink Boodles Gin than bleach as a treatment for this virus.

#39 The West on 03.16.21 at 4:12 pm

#19 crowdedelevatorfartz

Erin OToole.
Dreadful commercials.
He has the curb appeal of a religious missionary with a pamphlet.
What were the brainiacs thinking that elected him Leader.
Hopefully….
Another minority govt so O’Toole can be quickly sent packing and that embarrassment of riches, Trudeau, soon after that.

————————————————

Almost like he was (s)elected to lose?

Another mindless stooge steps right up as the “tutor shooter” to oppose the Laurentian Establishment in Ottawa….he’s not there to win.

Poilievre for PM!

#40 RMTL on 03.16.21 at 4:15 pm

So I guess…not the best time now to buy a cottage ?

#41 CJohnC on 03.16.21 at 4:15 pm

Mackay was the hope. Once again the socons blew it. – Garth –

I agree that O’Toole isn’t “it”.

The problem that Mackay would have to overcome is that he is best remembered for turning the Progressive Conservatives into the Reform party (under the Conservative banner) by kowtowing to Stephen Harper.

People remember that stuff.

#42 paulo on 03.16.21 at 4:16 pm

#5 PAUL:

I Seriously doubt that idiot Trump had any thing to do with ordering anything to fight the virous. He will be remembered for the 500K deaths of us citizens caused by his callous and incompetent actions, not many other very dubious actions that made America the laughing stock of the world thank god the idiot is gone from office.

#43 Dave on 03.16.21 at 4:20 pm

How much is an average house in Vancouver? What percentage of locals can afford to buy one? Who is buying these houses?

Obviously people selling properties, moving up and taking mortgages. Duh. – Garth

#44 Drinking on 03.16.21 at 4:23 pm

Bumwad, lol, have not heard that term in years. The good thing is that I did not have to purchase a roll of it all winter and have enough to last me/us through summer, the price was good, the peace of mind was worth it.. Happy wife, happy life! :)

#45 YVR 60% Crash on 03.16.21 at 4:35 pm

“Kamala will be the next president”
—————–
Which country?

#46 Ryan G on 03.16.21 at 4:48 pm

I wouldn’t say the AZ concerns are discredited. To be clear I’m 100% in favor of vaccines as a first responder.

From John Hopkins University:

“ ASTRAZENECA-OXFORD VACCINE & BLOOD CLOTTING Multiple countries in Europe—including Germany, Italy, France, Spain, the Netherlands, Norway, Iceland, Ireland, Denmark, Bulgaria, Sweden, and Latvia—have temporarily suspended use of the AstraZeneca-Oxford SARS-CoV-2 vaccine due to reports of blood clots occurring in a small number of vaccinated individuals. The suspensions are creating additional challenges for vaccination campaigns across Europe, as the region faces a third surge. AstraZeneca has reported 15 events of deep vein thrombosis and 22 events of pulmonary embolism in vaccinated individuals as of March 8.

The European Medicines Agency (EMA) and the WHO will meet today to review data on the vaccine and blood clotting..”

I’d take it in a heartbeat. – Garth

#47 Dan in Nanaimo on 03.16.21 at 4:52 pm

Regarding interest rates, it seems that all the bond market cares about now is the belief in continued stimulus. So, all the CB’s can really do right now is to continue with stimulus.

Maybe the next step is to nationalize the front end of the curve ?

Interest rates truly are the eight wonder of the world.

#48 Bullshit Garth...Trump didn't decimate anything on 03.16.21 at 4:54 pm

DELETED

#49 Ryan G on 03.16.21 at 4:55 pm

@Garth.

I’d still take the AZ vaccine in a heartbeat too. But that doesn’t make your comment factual or correct. We need to stop making sloppy statements about science and evidence-based fields of study. It does society no good and only breads mis-information and distrust.

What is incorrect in my statement? – Garth

#50 mj on 03.16.21 at 4:59 pm

I personally like Maxime Bernier’s policies the best for Canada. Too bad he won’t win.

#51 Dolce Vita on 03.16.21 at 5:06 pm

Well only thing (and I agree Garth) that can throw a wrench in the recovery works is…

Canada Variant World

+389% cumulative cases increase since Feb 21 (800 to 3908, latter # partial day reporting – will be a bit higher).

Not Exponential, nowhere near that for now (Trend Line barely a 3rd Order Polynomial, much closer to linear than exponential):

https://i.imgur.com/XcuYCYS.png

————————–

I still think this THING has legs THOUGH I am a LOT MORE optimistic today than a year ago.

I say this ’cause Canada and the US you were ALL pretty COCKY LAST YEAR and look at what happened.

HUBRIS thinking it was just the useless Italians, not us we’re the Norse Gods of Valhalla and our air is rarefied + Orca’s + Lobster + Poutine + Beavertails + Timmy’s (American Pie for the US).

THAT worked out well huh Canada (and the US)?

And it was the rest of Europe thinking the same especially the Schadenfreude UK descending upon 1 town in N. Italia (Bergamo) and making it look like ALL of Italia was in dire straits – when it wasn’t.

Take note Italia MSM did not descend on the UK in the past few months and report on their plight with their variant.

—————

Why do I say this? Rehash the past, shake my finger at N. America and the rest?

Déjà vu and history repeating.

Italia a few days ago 1st to go back into partial/strict lockdown, most of Italia save Sardegna (they will have to as well on Easter day). This variant the problem (and it is the vast majority of variant cases in Canada):

https://i.imgur.com/Rqz51KA.png

And now the rest (France, Germany) following suit.

And Gov Canada has been great as of late (finally getting vax’s delivered) but recall this Mar 5:

https://i.imgur.com/2czbpgB.jpg

tried to warn Hajdu et. al. got blown off as a nutter and they replied with that Tweet to my get ready Tweet to them (it will be worse than you think).

—————-

So easy does it Canada on the COCKY…it ain’t over until the voluptuous lady sings AND I’m not hearing her yet.

Oh ya on my “Don’t Test, Don’t Count” BC, this today:

https://bc.ctvnews.ca/b-c-screening-actually-uncovered-10-times-more-covid-19-variants-than-health-officials-reported-1.5348432

Did I mention the US acting like its all over with 1/4 of their population vax’d?

…ripe for the plucking.

Not.over.yet. But Hope last to die.

#52 Brian Ripley on 03.16.21 at 5:08 pm

“How much is an average house in Vancouver?” #43 Dave on 03.16.21 at 4:20 pm

See: http://www.chpc.biz/vancouver-housing.html

Average price of a single family detached house in Vancouver was $1,865,031 in FEB 2021.

See the 2nd chart on that page and notice that since 2003 when Vancouver was selected as the 2010 Olympic Winter Games Host, BC Provincial Employment earnings have increased 62% while the average price of a SF detached house has increased 338%

For comparison, the average price of a detached house in Toronto in FEB was $1,371,791
($483,240 less than in Vancouver)

#53 under the radar on 03.16.21 at 5:09 pm

Suppose we move to vaccinations passports for travel and the country you visit has not approved the AZ vaccine, like the US. My guess , no entry. Will not take AZ unless the US approves it.

#54 Alun McMannus on 03.16.21 at 5:13 pm

Garth, The Variant remains the ultimate wildcard. The mutated strain of COVID is still out there and some people are calling it the third wave. How will this affect our future?

#55 crowdedelevatorfartz on 03.16.21 at 5:17 pm

@#29 Hookshot

“And the Cons expect people to vote for them and establish policy when they cannot even show enough intelligence to elect a decent leader?? They are dreaming!”

+++

I’d rather vote for a charisma lacking “Thumb” as someone so quaintly put it than listening to kids 40 years from now bitch and moan about their 90% tax rate because “Trudeau bankrupted this country “

#56 Ustabe on 03.16.21 at 5:25 pm

#41 CJohnC on 03.16.21 at 4:15 pm

Mackay was the hope. Once again the socons blew it. – Garth –

I agree that O’Toole isn’t “it”.

The problem that Mackay would have to overcome is that he is best remembered for turning the Progressive Conservatives into the Reform party (under the Conservative banner) by kowtowing to Stephen Harper.

People remember that stuff.

I sure do. There were other options at the time, some not so good, some barely workable, some just OK but there was a large infrastructure across Canada that was willing to rebuild and do the work on the ground and remain Progressive Conservative…you know the party that partnered with the Liberals to bring in national Medicare (for instance).

Instead we got the neoliberal Reform party branding itself as Stephan Harper’s Conservative Party of Canada.

And here we are…no effective opposition, no effective conservative party platform, no effective leaders and we just sit around bickering among ourselves.

Ford suggesting folks jump off bridges and insulting venerated indigenous MPPs, Kenny going after children’s story books, Mo doing whatever he chooses, the CPC publishing ads that say Trudeau is worried more about your job than his own…conservatism in Canada is bereft of honest leadership, the back rooms stink and the gen pop declines to do the hard precinct level work its going to take to re-imagine, invigorate and make useful the party.

I will say this: After this is all over, vax and all, lifted restrictions, etc. I will still require quite a few of you to remain 3 meters or more from me.

#57 Luca on 03.16.21 at 5:26 pm

Oh Garth! Sunshine and rainbows. I foresee a black swan event like a world war breaking out.

#58 Sail Away on 03.16.21 at 5:27 pm

#51 Dolce Vita on 03.16.21 at 5:06 pm

Did I mention the US acting like its all over with 1/4 of their population vax’d?

————

Natural antibodies, DV.

No need to vax the 50% of the population that’s had Covid. Herd immunity.

All our US friends are partying like it’s 2019.

#59 Steven Nicolle on 03.16.21 at 5:29 pm

And I found my retirement income / business. Ubereats

#60 Freedom First on 03.16.21 at 5:30 pm

The further a society drifts from the truth, the more it will hate those who speak it.-George Orwell.
——————————————————————-
Agreed. I see it happening right now. All around me. World wide.

Freedom First

#61 S.Bby on 03.16.21 at 5:30 pm

#46
I’d take it in a heartbeat. – Garth

I see what you did there… but maybe inadvertently though.

#62 Sail Away on 03.16.21 at 5:33 pm

By the way, the US has fewer Covid deaths than Italy and the UK, among others. Did their leaders also allow Covid to kill xxx people?

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

The time for stone throwing is, as always, when the hand has been played out. This hand is still fully in play for all… including Canada.

Be careful. And no, Woosh, that’s not a threat.

#63 Sail Away on 03.16.21 at 5:34 pm

…fewer Covid deaths per capita…

#64 Keen Reader on 03.16.21 at 5:38 pm

Granted, getting jabbed significantly reduces the risk of severe COVID symptoms, for the relatively small proportion of the population that is vulnerable to it. Whether it actually improves immunity is not proven conclusively yet, although initial data from Israel looks promising. Being extremely healthy and part of a low-risk cohort, I will gladly leave my dose to others and go to the back of the line…

Québec just announced that everyone should be able to get a first dose by 24 June. They also pushed the evening curfew to 9h30 for affected areas. Any progress is good! I still have much concern about international travel restrictions, and their long-term impacts on the aerospace industry however. Fewer and more expensive flights may unfortunately be the new normal, forcing big changes to the bucket-list!

#65 Paul on 03.16.21 at 5:43 pm

#23 JB on 03.16.21 at 3:35 pm
#5 Paul on 03.16.21 at 2:19 pm

Biden’s big promise of 100 million inoculations in his first hundred days is coming to pass.
————————————————————————————————
Good thing Trump ordered the Vaccine early!
……………………………………………………………………..
Good thing the current government knows how to actually get the vaccine into peoples arms instead of bleach! Trump was a putz and a complete buffoon.
/////////////////////////////////////////////
Here is how the the buffoon orders 300 million doses of vaccine to prime the pump for the vaccine research.
Second link shows Biden getting his shot December 21st 2020. Then Biden claimed there was no vaccine till he took office.
You want to see a real Buffoon oh never mind,

https://www.cnn.com/2020/12/21/politics/bidens-coronavirus-vaccination/indexhtml

#66 Dolce Vita on 03.16.21 at 5:45 pm

On this whole thing of AstraZeneca and blood clots:

Think Marshall McLuhan with the Social.

…AB boy that did well.

———————–

AIFA Italian Medicines Agency said yes, they found some blood clots in a firemen in a S. Italian firehall after vaxing, traced it back to a bad batch of AstraZeneca but still should be safe AIFA said.

Germans a few days ago saying it’s all good, then, it happened to them, then the German MSM went histrionic yesterday and they too suspended AstraZeneca use.

So now, it’s up to the European Medicines Agency to decide, AstraZeneca safe or not?

That will take a month of Sundays to decide if anything like their vax approval time performance to date.

Nobody cares what the WHO says anymore (they say continue using it).

To me the BELLWETHER in all this is laissez faire Sweden, level headed, somber and yes they too have had some major problems with Covid BUT this got to me today:

https://www.dw.com/en/coronavirus-digest-sweden-halts-astrazeneca-vaccine-use/a-56882733

Recall, they are a co-founding country of AstraZeneca.

Not all the facts are in.

Also recall a lot of hubris has gone on about this DAMN virus so let’s wait – INCLUDING HEALTH CANADA (recall last March).

Just ’cause Canada and Italia say AstraZeneca is fine (SO FAR) does not make it so with a DOZEN EU nations and others saying it is not – and arrogant Dr. Trudeau wants his AstraZeneca doses from India or he looks bad (Canada’s own Covax HELOC). The fact it comes from India is irrelevant, it is the SAME AstraZeneca formulation.

A whack of nations suspending AstraZeneca use cannot all be stupid. Hubris if you think so.

And:

Occam’s Razor.

—————————

The bigger question about AstraZeneca and blood clots etc. that it seems everyone is missing is this:

The UK has used AstraZeneca extensively yet NOTHING from them.

They still persist it is fine (of course they are making in the UK and where the EU gets its supply).

Surely to God they too must of noticed something or maybe they are like Canada and the US last year thinking they are THOR and it will all be fine (when it wasn’t)?

WAIT.AND.SEE as the facts come out.

I am siding with AIFA but not Health Canada nor Dr. Trudeau – the latter 2 lost my confidence a year of Sunday’s ago.

#67 Dave on 03.16.21 at 5:48 pm

“How much is an average house in Vancouver? What percentage of locals can afford to buy one? Who is buying these houses?

Obviously people selling properties, moving up and taking mortgages. Duh. – Garth”

Sure, sell a 700K condo and trade up to a five million dollar house lol. Why can’t you admit that it is money from China?

Average houses are $1.6 million. Yes, most buyers are trading up. – Garth

#68 Keen Reader on 03.16.21 at 5:49 pm

@62 Sailo – The US has more than twice their total of deaths. Maybe you meant deaths/pop? Also, the hand is still in play, as you said; all means little until the virus has fully gone through (I’m loathe to say “herd immunity”, given variants and documented re-infections). Cheers!

#69 Adam Smith on 03.16.21 at 5:52 pm

The Conservatives blew it by not electing Leslyn Lewis. Progressives love black women and just imagine how much fun she could have had with Trudeau’s blackface antics, his groping allegation, and what he did to “strong female” Jody Wilson.

Also, even though she was socially conservative, she came off as smart about it.

Politics is math. People in the middle get elected in Canada. The Cons have surrendered that ground to the Libs. – Garth

#70 Drinking on 03.16.21 at 5:53 pm

#51 Dolce Vita

No cockiness bud, you are comparing apples and oranges. North America has two of the largest countries on this planet, vast, we can move around, we can isolate and go for walks, fishing, camping etc. I have family who reside in Europe and there is no comparison.

Herd immunity plus the vax will not cure us this year; realistically, 2022 my guess will be 2023 we finally get back to some type of normalcy.

At this point it does not matter where one lives on this planet; we just want our lives back, we really are all in this together.

#71 Neo on 03.16.21 at 5:55 pm

Hyperinflation will never occur in North America. – Garth

What about 70’s style inflation that lead to 18% interest rates in the early 80’s? That level of inflation is easily possible and already well under way. The cure unfortunately will kill the patient this time around. Prepare accordingly.

#72 Leo Trollstoy on 03.16.21 at 5:57 pm

My 80+ parents and in-laws no longer want the AZ vax

Ignorance and fear know no bounds. – Garth

#73 Neo on 03.16.21 at 5:58 pm

#54 Alun McMannus on 03.16.21 at 5:13 pm
Garth, The Variant remains the ultimate wildcard. The mutated strain of COVID is still out there and some people are calling it the third wave. How will this affect our future?

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

Turn off the MSM and get outside. The weather is warming up. The future will return to an endemic. That is the future.

#74 Dolce Vita on 03.16.21 at 6:01 pm

#58 Sail Away

NOBODY ON PLANET EARTH knows what the % herd immunity number is yet since NO ONE has achieved IT yet. Probably at least 76% if Manaus prognostications are evidence.

You know when some nation does achieve herd immunity the WHOLE WORLD’S MSM and Social will be in a FRENZY.

Think 14th & 17th c. Dancing Mania.

Uncle Sam is ripe for the plucking. Reckless to me.

——————

BTW:

“All our US friends are partying like it’s 2019.”

THAT was good (and evidence for my Dancing Mania theory of what will come to pass this year…fingers crossed)

#75 Neo on 03.16.21 at 6:02 pm

I think Garth is trying to say Biden will die/be too sick in office and Kamala will take over by default. That is the most likely path.

No, he will not reoffer. – Garth

#76 Sail Away on 03.16.21 at 6:06 pm

#56 Ustabe on 03.16.21 at 5:25 pm

I will say this: After this is all over, vax and all, lifted restrictions, etc. I will still require quite a few of you to remain 3 meters or more from me.

———-

You, my friend, can always choose your own distance, but by no means will this prevent others, me for example, from cheerfully sharing your taxi.

#77 Sheesh on 03.16.21 at 6:11 pm

#16 Stone on 03.16.21 at 2:59 pm

Yes, it is a population level experiment. Based on theory and extrapolation and possibly made necessary by incompetence.
Here’s a preprint study (not peer reviewed) that may, or may not, make you feel better about it.

https://www.medrxiv.org/content/10.1101/2021.02.28.21252638v1.full-text

#78 joe rosser on 03.16.21 at 6:12 pm

Garth,

If we are in an “everything bubble” doesn’t that imply an “everything correction” sooner than later?

#79 Stevestonboy on 03.16.21 at 6:18 pm

I’ll trust my gut on AZ over a politician or health official here in BC that took us from almost the best to almost the worst after our election all the while giving out wishy washy answers and taking action far too late.

#80 50 YEARS OF MAPLE LEAF INCOMPETENCE! on 03.16.21 at 6:19 pm

The sequel?

How about 54 YEARS OF SEQUELS!!!!

Make Believes LOSE 5 OF 6 GAMES!!

Toronthole is so predictably disgusting, no wonder everyone wants to buy a slanty semi or a 400 sq. ft. glass-walled condo there!

(And now the Raptors are on the same glorious path, losing 5 in a row! WooHoo!!!!!!!!!)

#81 Concerned Citizen on 03.16.21 at 6:28 pm

Equities seem incapable of discounting any negative news in a zero rate world. Yellen talking about higher taxes, barely a peep from the market. The S&P 500 was in the low 2,000s before the Trump tax cut, and it’s at ~4,000 now. Maybe folks expect the lobbyists will lobby away any meaningful hikes – and with how sick Washington is, that may be a good bet.

#82 JSS on 03.16.21 at 6:31 pm

I was at Safeway at lunch time to grab some pizza sauce and some other stuff. Apparently, I walked in the wrong way into the aisle. This person she yelled at me. All because I walked in the wrong way into the aisle. And it was only her and me in the aisleway. Why is everyone so mean these days?

#83 yorkville renter on 03.16.21 at 6:35 pm

Tiff says ‘we need all the growth we can get’, and then we have crazy good jobs #s… suck and blow, it seems

#84 Dolce Vita on 03.16.21 at 6:37 pm

#62 Sail Away

Well, Uncle Sam has lost about 550K souls. Italia a little over 100K souls. Heck, the UK at about 125K souls.

To those families & friends tragedy struck. There was no per capita mourning, just mourning, anguish.

US, Canada and the rest of the West sat dumbfounded for 1 month at least hoping it was an Italian problem when it was clear it was not (to me).

They did NOTHING to prepare, nothing. I warned Health Canada last March about PPE, ventilator shortages in the EU, got the “we are prepared” Tweet from Hajdu et. al.

Arrogant.

Thinking it was the Covid Olympics or something and they were Leonidas.

Covid didn’t care.

Imagine what happened in Italia (Bergamo) if Covid hit the US or Canada first?

Italia warned. US said no worries, it’s just the flu.

No one listened for 6 weeks last year (I tracked it, save the Germans that 2 wks later did a partial lockdown, then weeks later, full).

But all benefited from Italia’s Health system experience (esp. Bergamo). A lot of UK Doc YouTube videos of them asking the Italian Docs for advice last Spring/Summer, help.

Wisdom not hubris.

I agree it is not over yet, I pray it is with vax’ng. Sick and tired of Covid and its variants like everyone else.

We will see “Covid delenda est” soon enough (and Dancing Mania). Vigilance and vax’ng for now.

#85 crowdedelevatorfartz on 03.16.21 at 6:49 pm

@#82 JSS
“Apparently, I walked in the wrong way into the aisle. This person she yelled at me. All because I walked in the wrong way into the aisle.”

+++

Yep.
Had the exact same thing happen a few weeks ago.
I said, ” Ponzie? Is that you?”

They didnt get it…….

Next time it happens just say ” Ponzie? Is that you?” it’ll make ya feel better and they will be stumped

#86 Reality is stark on 03.16.21 at 6:52 pm

10% unemployment.
3rd wave of pandemic starting.
More lockdowns.
Government’s borrowing to beat the band.
All is good.
Just the way you draw it up in an Eco 101 prosperity textbook. Get out there and buy yourself a house.
What could possibly go wrong?
What happens one day when the bond vigilantes decide that you are a bad risk?
Poor work ethic, entitled, and can no longer get bailed out in family court as the other half stops signing up?
It’s gonna be a party alright.
There will be a day of wreckoning.

#87 crowdedelevatorfartz on 03.16.21 at 6:55 pm

@#80 50 years….

“Toronthole is so predictably disgusting”

+++

While I smile at your stubborn persistent loathing of all things TO and I must admit , after 40 years living in the Lowerbrainland, I’m beginning to feel the same way…

I’m just curious.
How long HAVE you lived in Toronto?

#88 Reximus on 03.16.21 at 6:57 pm

As for AZ, no thanks. I’ll err on the side of caution and stick with a Pfizer or Moderna vaccine. I’ve had a blood clot before. It’s nothing to be flippant about.

____

I had a shot of AZ last friday and the only ‘side-effect’ is that my arm fell off, i tried to stitch it back on but it fell off again. No amount of duct-tape would keep it on, so I put the bit that the dogs didnt eat in the freezer. This is a fact.
Please spread this to the internet as it’s obviously true

#89 Dolce Vita on 03.16.21 at 6:59 pm

#68 Drinking

Some truth in the vastness of N. America but still, most of your population is concentrated in cities and what I see on TV is that they seem to like aggregating as in Thanksgiving Day/XMas/New Years, Spring Break – recall the former your last waves.

Europe small, concentrated populations, not vast true but I remain confident that vax’ng will see us thru the malaise of Covid.

It is our only hope other than living like hermits for the rest of our lives. A thought to me that is reprehensible. We are a gregarious species.

Canada should achieve immunity this year if the number is 76% per Manaus. If Gov Canada is correct on delivery/quantity forecasts, the Provinces do their job, Canada may well see that number BEFORE September.

You can see it in Cdn News there is a willingness by most Cdns to get vax’d.

2022, 2023…I agree on 2022 being when the rich nation populaces believe it is safe to venture to offices and convene in crowds at lunch time. Gun shy. Time needed to self-verify it really is over with. 2023+ for the World’s poor nations.

We will be able to return to some form of normalcy (late this year, human nature practical early next year) but not Worldwide for a few more years to come. The latter I agree with.

#90 Keen Reader on 03.16.21 at 7:00 pm

Humm, previous comment got “lost”? Was expressing some doubts about the rosy picture presented… Getting the jab was proven to reduce severe symptoms, for the relatively small proportion of vulnerable people, but immunity data still lacking. Initial feedback from Israel looks promising however. Still, as a very healthy member of a low-risk cohort, I’m gladly giving priority to more vulnerable folks, although may be forced to add another jab to my long list, sooner than I’d like.

BTW, Québec just announced that everyone can get a first dose by 24 June. They also relaxed the evening curfew a bit, 9h30 in affected areas now. Any progress is good!

Finally, very doubtful international travel restrictions will fully lift by next fall. Fewer and more expensive flights is likely to be the new normal, significantly impacting the aerospace industry. Fortunately my team remains fully employed, albeit at much slower pace; time to review the bucket-list!

#91 IHCTD9 on 03.16.21 at 7:00 pm

I was talking to a customer of mine today. Fresh and new to the Canadian workforce. He said of Trudeau “This guy is just wrecking the place!”. Yep, he caught on pretty quick eh? “How are things going to be years from now?”, “Why aren’t we building pipelines for our oil and mining?”. “Canada is so rich, why are we acting like this!?” I had to chuckle…

28 years old, 4 years in Canada – and already talking about packing up and going back home. “I thought Canada was smart!” I told him decades ago we were, hence the success of Canadian boomers and Gen X, but the last hope for Canadian youth and newcomers died in 2015 with the election of the Trudeau Liberals. Can’t fix it now, waaay too much damage has been done.

He seemed to fully understand the lay of the land in post-Trudeau Canada. Decades of reduced prosperity due to servicing a 13 figure federal debt. Revenues tanking due to chasing foreign investment down south. Taxes have to go through the roof. He was right on top of the fact that folks without significant dollars in the financial markets and a house were euchred in Canada. Wages just aren’t enough anymore since we elected the Liberals.

All this guy wants is a standard issue, garden variety Western lifestyle. He paid his dues here, has a decent job in the gta, and is just now realizing he needs to make 3-4X what he currently earns to get anywhere.

10 years ago he might have had a chance, but not anymore. Stick a fork in it kids, and have your Land Lord thank the Trudeau Liberals.

#92 Stone on 03.16.21 at 7:05 pm

#77 Sheesh on 03.16.21 at 6:11 pm
#16 Stone on 03.16.21 at 2:59 pm

Yes, it is a population level experiment. Based on theory and extrapolation and possibly made necessary by incompetence.
Here’s a preprint study (not peer reviewed) that may, or may not, make you feel better about it.

https://www.medrxiv.org/content/10.1101/2021.02.28.21252638v1.full-text

———

I don’t waste my time on garbage. “not peer reviewed”. What is that?

Science! Give me science.

Science is based on taking specific steps so there is some credibility. Those steps aren’t taken, I’m not interested.

#93 Barb on 03.16.21 at 7:06 pm

If the Dippers retain the hammer, more non-gender bathrooms in schools. Oh goody! (Sigh)

#94 crowdedelevatorfartz on 03.16.21 at 7:11 pm

People in the middle get elected in Canada. The Cons have surrendered that ground to the Libs. – Garth

+++
Garth
While I agree with your statement that Canucks vote for the middle ground.
I am under the impression that the NDP has driven off the Left cliff into the ditch of irrelevance … surrendering the entire Left for the Liberals to occupy.

While the Cons have been still sitting on the Right, not moving towards the center, fruitlessly waiting for the voters to finally realize what a financial disaster Trudeau is ….blinking at the election headlights heading straight for them.

#95 Father's Daughter on 03.16.21 at 7:21 pm

#69 Adam Smith on 03.16.21 at 5:52 pm
The Conservatives blew it by not electing Leslyn Lewis. Progressives love black women and just imagine how much fun she could have had with Trudeau’s blackface antics, his groping allegation, and what he did to “strong female” Jody Wilson.

Also, even though she was socially conservative, she came off as smart about it.

——————————————————————

Um nope, that’s a hard PASS. She was inexperienced (we can all see how that is working out for us), not well spoken, and couldn’t hold her own in a debate. Liberals don’t want a social conservative. Especially a woman with issues re: women’s right. She wasn’t smart about it. That ship has sailed.

#96 AnneK on 03.16.21 at 7:21 pm

Look how far a head Michigan is with vaccinations:
Available now: Currently in Michigan, residents age 50+ with certain health conditions or disabilities are currently able to receive a COVID-19 vaccine.
March 22: All Michigan residents age 50+, along with residents age 16+ with disabilities or medical conditions putting them at high risk of negative outcomes from COVID-19, will be eligible.
April 5: Eligibility will expand to all Michigan residents age 16+.

An eight-week vaccination site is launching at Ford Field beginning March 24 to serve eligible residents in southeast Michigan. To register for an appointment there, visit: https://clinic.meijer.com/register/CL2021

———-
Wish the borders would open up so that I could drive there for a vaccine..Oh Kanada who has spent 1.8 trillion so far, what gives..

#97 Drinking on 03.16.21 at 7:26 pm

#80 50 YEARS OF MAPLE LEAF INCOMPETENCE!

lol, you really do make me laugh. The ironic part is that your Leafs are not doing that bad; caution we have a new/old coach in cowtown; this can become interesting. Or both of our teams will just sink just before playoffs as usual! :)

#98 Sail Away on 03.16.21 at 7:28 pm

#88 Reximus on 03.16.21 at 6:57 pm

I had a shot of AZ last friday and the only ‘side-effect’ is that my arm fell off…

No amount of duct-tape would keep it on…

———–

Should have used Instant Bond.

#99 Keen Reader on 03.16.21 at 7:30 pm

@88 Reximus – good laugh, thanks; maybe try some of Flop’s InstaBond? It’s at #1. Cheers

#100 Annek on 03.16.21 at 7:31 pm

#88 Reximus on 03.16.21 at 6:57 pm
As for AZ, no thanks. I’ll err on the side of caution and stick with a Pfizer or Moderna vaccine. I’ve had a blood clot before. It’s nothing to be flippant about.

____

I had a shot of AZ last friday and the only ‘side-effect’ is that my arm fell off, i tried to stitch it back on but it fell off again. No amount of duct-tape would keep it on, so I put the bit that the dogs didnt eat in the freezer. This is a fact.
Please spread this to the internet as it’s obviously true
————————————

Flop… on 03.16.21 at 2:02 pm

This product has crept into more common use in my workplace the last year or so and I think it will help a few people out.

It is a product called Instant Bond, I guess you could basically call it glorified super glue.
———————
Try the product to glue the arm back on!

#101 Drinking on 03.16.21 at 7:32 pm

#89 Dolce Vita

True, we all do what we can but as in any country family is our cornerstone. Most of us take all the precautions necessary, there are always a few bad apples, not so much bad apples, just those that have a different view point. We may not agree with it but it is democracy. When it endangers ourselves/family safety, then unfortunately certain provisions need to take place.

There is light at the end of the tunnel, most people can see it. :)

#102 Moses71 on 03.16.21 at 7:34 pm

#13-herd immunity
So the 25% unvaxxed get Covid then we’ll be at 100% so herd immunity will happen. Thank you unvaxxers, and tell us how it goes while us healthy ones will be too busy to listen

#103 Faron on 03.16.21 at 7:37 pm

#84 Dolce Vita on 03.16.21 at 6:37 pm
#58 Sail Away on 03.16.21 at 5:27 pm
#62 Sail Away on 03.16.21 at 5:33 pm

“The time for stone throwing is, as always, when the hand has been played out.”

Do you seriously think that per capita deaths in Canada are going to triple relative to the US before this is over? I ask again, triple? Bringing the total dead to 65k+. Lets hope not.

It’s tempting to play 1:1 correlation games with the worldometer stats, but it’s pointless. The determining factors in how poor a nation has done can’t be reduced to a single variable given that the signal (cases or deaths in any one place) are a multivariate response. But, by the same token, you can’t exclude single variables from having had influence. In the US, the Trumpian manchild with his utterly confused policy, inept staff, outright lies, infighting with governors and politicization of masks and other mandates certainly played a major role in the US’s COVID failure even if it wasn’t the whole enchilada. Trump isn’t responsible for all 550k deaths in the US, but he is responsible for a significant portion. No president leaves office without blood on their hands. Lucky for Trump, dying of COVID is usually bloodless else he would have had more American blood on his hands than any previous non-war era president.

Praising Trump for getting a vaxx developed is not unlike the goobs here and elsewhere who praised Natty Gazz for “saving” Texas after ERCOT crapped the bed in the name of enriching power producers and at the cost of taxpayers. When you break something, you don’t get to be a hero for restoring it to the previous state.

Oh, and it’s not hard to find other nations with similar infection rates as the US where cases are once again ramping. It’s going to be tragic, but entertaining to watch Texas own-goal itself once again as the next few weeks pass and deaths start to tick up again. Of course, someone will then cry “variant” and try to make it okay. What a joke. One of the most GOP state legislatures out there BTW.

#104 Mandria on 03.16.21 at 7:38 pm

Cheer the tent cities HARDER….its painfully obvious that none of the landed gentry on here have been anywhere near downtown lately. The place is WRECKED failed businesses and tent cities everywhere but sure housing gonna double again with teeny rate hikes….OK then. You’re so far removed from main street reality that it borders on delusional.

#105 Armpit on 03.16.21 at 7:44 pm

This AZ vaccine chatter reminds me of the Boeing Max 737 debacle. Time will tell what happens.

#106 Faron on 03.16.21 at 7:57 pm

I’ll add that the US is currently killing people with COVID at a per-capita rate that’s 4.8 times that of Canada. There are many factors that contribute to that mismatch. Trumpian maskless MAGA idiocy is not a minor one.

At best, I think the overall score in the humans v. COVID battle for the ages will be 100000:99999. In overtime.

#107 Drinking on 03.16.21 at 7:59 pm

#91 IHCTD9

I am glad that you wrote what you did.

Once a week I go to my favorite liquor store. Have known them for years. Immigrated from India to Canada. The owner (Raj) is just a real inspiration.

Immigrated here ten yrs back, doing long hulls in Fort Mac up to Yellowknife. Saved up enough to sponsor his wife to Canada, received there citizenships, bought a house and had a child. He decided that he wanted to spend more time with his child and wife; purchased a liquor store. Went through hell to get it up and running through all the regulations and trying to provide for his family.

10 yrs later, he owns 4 liquor stores, works 15 hrs per day and cannot understand why T2 is doing what he is doing. I forgot to mention with his small profits he was also sponsoring and employing people from India (all his cost, not one cent Canadian tax payer; with the exception those who purchased liquor from him) to become a valued citizen of Canada; there are so many stories out there like that. Us old folks know this, either we immigrated or our parents did providing us with a decent life.

Anyways, my point is/was, spoke to him the other day and he himself cannot believe that a country with such richness is not the riches country in the world. He thought that politics were bad in his country and now realizes on how bad it is here. He said, within the next three years he is selling out and going back; not because he wants to but he and his wife can see where this country is heading.

So younger ones’ do your research, make the choice that is best for you.

#108 KLNR on 03.16.21 at 8:01 pm

@#80 50 YEARS OF MAPLE LEAF INCOMPETENCE! on 03.16.21 at 6:19 pm
The sequel?

How about 54 YEARS OF SEQUELS!!!!

Make Believes LOSE 5 OF 6 GAMES!!

Toronthole is so predictably disgusting, no wonder everyone wants to buy a slanty semi or a 400 sq. ft. glass-walled condo there!

(And now the Raptors are on the same glorious path, losing 5 in a row! WooHoo!!!!!!!!!)

lol, someone has a complex.
I’m somewhat curious as to what happened
to you in Toronto.

the fact the leafs are still in first place must grind yer gears eh?

#109 Nonplused on 03.16.21 at 8:02 pm

“That Trump would allow Covid to decimate America, kill 500,000 citizens, then help defeat him.”

Trump bet on the vaccine with “operation warp speed”. He may have saved us all. Biden is taking credit for something he didn’t set in motion.

“Oh, and Covid won’t be quite gone. We just won’t care anymore. Enough drama.”

Ya, I think at this point I’d rather take a jab and take my chances than keep this charade up. What’s the point of living if you can’t live?

We only have another 10 years or so before it becomes apparent that wind, solar, and electric cars are a scam (if they are not already proving themselves to be already). 10 years later we will experience the “limits to growth”. Get out there and “party hardy” folks.

“You don’t know how much time you have left. But then, who does?” – Police inspector Blade Runner original.

#110 mike from mtl on 03.16.21 at 8:08 pm

#90 Keen Reader on 03.16.21 at 7:00 pm

Finally, very doubtful international travel restrictions will fully lift by next fall. Fewer and more expensive flights is likely to be the new normal, significantly impacting the aerospace industry.
//////////////////////////////////////////////////////////////

Personally I find that to be a positive, the post-deregulation ‘affordable’ airline business model is done. Flying used to always be expensive, not at all like the bus with wings of the last 20 years. I’ve always paid first class when it was my money paying, cattle class sucks, now I can’t even imagine.

Really I don’t see the general travel situation improving this year, even all of 2022, probably more of the same covid crap and restrictions, East Asia is off limits for sure. US/Canada might be okay sometime later this year if the T2 paid solitary confinement is off the table.

Most Airlines without lots of domestic routes are already operating at fractions of their 2019 levels and are at survival levels.

#111 Lorne on 03.16.21 at 8:13 pm

Politics is math. People in the middle get elected in Canada. The Cons have surrendered that ground to the Libs. – Garth
……
Really, when were the Cons in the “middle”?

Yup, Progressive Conservative. Me. – Garth

#112 Sheesh on 03.16.21 at 8:14 pm

#92 Stone on 03.16.21 at 7:05 pm
I don’t waste my time on garbage. “not peer reviewed”. What is that?

Science! Give me science.

Science is based on taking specific steps so there is some credibility. Those steps aren’t taken, I’m not interested.
…..
Despite what you think, this is science. This study will be peer reviewed. The evidence you are looking for doesn’t exist yet, and science has to start somewhere. This is the first step.

I’m not a fan of the delay in doses, it seems too politically convenient, and I don’t like being signed up for a study I didn’t consent to, but at least there seems to be some evidence/rational for it.

So sorry for wasting your time though.

#113 Nonplused on 03.16.21 at 8:15 pm

#38 Six Foot Six on 03.16.21 at 4:11 pm
“And as of next week, boodles of bottles will be arriving in Canada.”

Well I have to say I would rather drink Boodles Gin than bleach as a treatment for this virus.

————————

Geez folks, the bleach thing was fake news. Find me one clip that shows Trump using the word “bleach”.

Anyway you drink bleach or chlorine anyway every day. It is in your water. One of the great marvels of modern technology. Safe water and safe sewage have saved more people than all these vax treatments ever will. Do you know why your tap water is safe to drink? Well there is a whole lot of filtering that goes on, but when it goes down the pipe it contains chlorine in trace amounts. Keeps the bugs that could make you really sick dead.

#114 willworkforpickles on 03.16.21 at 8:15 pm

#71 NEO
“What about 70’s style inflation that lead to 18% interest rates in the early 80’s? That level of inflation is easily possible and already well under way. The cure unfortunately will kill the patient this time around. Prepare accordingly.”
………………………………………………………………………………………………………….

That 70’s style inflation known then as stagflation was cured of it via 18% interest rates.

#115 Steve French on 03.16.21 at 8:20 pm

If ever we needed the astute insight and wise commentary of the late grate, Sir Smoking Man, now is the time…

Smokey, send us Greater Fools a sign from Nictonite!

A blue streak across the sky perhaps…

Next time I’m back in Canadia…. I’m heading to Casino Niagara, for some drinkin’ and gamblin’… in your honour.

https://www.youtube.com/watch?v=68X8o0S7vJc

Lord, I was born a ramblin’ man
Tryin’ to make a livin’ and doin’ the best I can
And when it’s time for leavin’
I hope you’ll understand,
That I was born a ramblin’ man

#116 Capt. Serious on 03.16.21 at 8:21 pm

#57 Luca on 03.16.21 at 5:26 pm
Oh Garth! Sunshine and rainbows. I foresee a black swan event like a world war breaking out.

So, by definition one cannot predict a black swan event. Foreseeing that there will eventually be a black swan event is like me predicting Elon Musk and Grimes will break up. Eventually it’ll happen.

#117 Nonplused on 03.16.21 at 8:22 pm

“Average houses are $1.6 million. Yes, most buyers are trading up. – Garth”

That is not possible. A “trade up buyer” must also be a seller unless they intend to hold the previous home for rental or whatever. Houses, or at least the land they sit on, do not go to the junkyard like cars do.

Every buyer is a seller eventually.

How was that not obvious? Enough scotch for you. – Garth

#118 Nonplused on 03.16.21 at 8:28 pm

#78 joe rosser on 03.16.21 at 6:12 pm
Garth,

If we are in an “everything bubble” doesn’t that imply an “everything correction” sooner than later?

——————————–

Yup. But don’t expect prices to decline. In the same way 2 is the new one at the grocery store, $15 will be the new $7 for subsistence wages.

#119 AlMac on 03.16.21 at 8:32 pm

#88 Reximus

You should have used Flop’s new glue – your arm would have stayed on.

#120 Drill Baby Drill on 03.16.21 at 8:32 pm

I hope Trudeau wins the next election. He deserves to wear this one.

#121 Linda Hamilton on 03.16.21 at 8:34 pm

Bill Gross former bond king is saying that the fed will not let interest rates go much higher. Garth, do you agree or what?

#122 Nonplused on 03.16.21 at 8:34 pm

#117 Nonplused on 03.16.21 at 8:22 pm
“Average houses are $1.6 million. Yes, most buyers are trading up. – Garth”

That is not possible. A “trade up buyer” must also be a seller unless they intend to hold the previous home for rental or whatever. Houses, or at least the land they sit on, do not go to the junkyard like cars do.

Every buyer is a seller eventually.

How was that not obvious? Enough scotch for you. – Garth

——————————-

Not obvious to everybody or we wouldn’t be talking about all this demand for housing. Many of my comments are not directed at you specifically but to add color around the sides. And I drink rye. I probably have had enough though.

But at least I got a response! Always a good day when Garth gives a response.

#123 Neo on 03.16.21 at 8:39 pm

DELETED

#124 willworkforpickles on 03.16.21 at 8:46 pm

The US debt to GDP ratio has tipped the scales. There can be no significant easing of QE/debt creation going forward contrary to false projections of it now. The debt has reached that high water mark where most of all new debt creation goes into servicing the hungry growing debt monster that’s been artificially franken-made.
This leaves nothing left for real growth development and opens the door of suspicion among national debt holders in ever being paid back…the cost of this heading into the future in order to keep the spigots flowing?…historically normalized interest rates will come.
Debt creation in whatever form they want to call it will continue until an/the abrupt end arrives.
A very abrupt end beyond the scope of this blog currently speaking.

#125 Wrk.dover on 03.16.21 at 8:49 pm

That repellant arm may have had the magnetic polarity switch ends. I hate it when that happens…usually caused by a tin foil hat being too tight. I hope this helps.

#126 willworkforpickles on 03.16.21 at 8:51 pm

Un-payable debt and a devil may care attitude will end us as a nation, as a people and individually speaking.

#127 Ponzius Pilatus on 03.16.21 at 8:55 pm

#58 Sail Away on 03.16.21 at 5:27 pm
#51 Dolce Vita on 03.16.21 at 5:06 pm

Did I mention the US acting like its all over with 1/4 of their population vax’d?

————

Natural antibodies, DV.

No need to vax the 50% of the population that’s had Covid. Herd immunity.

All our US friends are partying like it’s 2019.
————-
Like a true Trump supporter, you keep on spreading the dung, and ignore the science.
CDC says everyone, even those who had the virus, should get vaccinated.
No one knows how long the natural immunity will last.
Stick with what you know best:
Dealing in Hawaiian Whale art.

#128 Ponzius Pilatus on 03.16.21 at 9:02 pm

#79 Stevestonboy on 03.16.21 at 6:18 pm
I’ll trust my gut on AZ over a politician or health official here in BC that took us from almost the best to almost the worst after our election all the while giving out wishy washy answers and taking action far too late.
—————
Obviously, you’re living in a different BC than I.

#129 Anon poser on 03.16.21 at 9:06 pm

Covid-19 is not going away any time soon. In fact, it is evolving and spreading at an alarming rate. Why? Because it is meets all the tell tell sign of a synthesized and deliberately designed NOVEL virus. So far, it has achieved two of the three keys factors in its design objectives. Stealth and transmission. The last stage will be the kill rate. I suspect, it will come back with a much higher kill rate this fall, closer to the 95% mark.

How do I know this? If you study the natural phenomenon of viral evolution, including that of the Spanish flu, Covid is astronomically superior and extremely rare for it to reach the stealth and transmission milestones in such a short time. As for the kill rate, you can look at what it did in Italy last winter. What it considered to be a trial run.

Ironically, we have been exceptionally and and unwittingly
culprit in the evolution of this virus. Ah, the mistry in misery.

#130 Ponzius Pilatus on 03.16.21 at 9:07 pm

#93 Barb on 03.16.21 at 7:06 pm
If the Dippers retain the hammer, more non-gender bathrooms in schools. Oh goody! (Sigh)
————
What’s wrong with that?

#131 Ponzius Pilatus on 03.16.21 at 9:13 pm

#85 crowdedelevatorfartz on 03.16.21 at 6:49 pm
@#82 JSS
“Apparently, I walked in the wrong way into the aisle. This person she yelled at me. All because I walked in the wrong way into the aisle.”

+++

Yep.
Had the exact same thing happen a few weeks ago.
I said, ” Ponzie? Is that you?”

They didnt get it…….

Next time it happens just say ” Ponzie? Is that you?” it’ll make ya feel better and they will be stumped
—————-
Ponzie does not shop for grocery.
That’s the job for wife#3

#132 TurnerNation on 03.16.21 at 9:17 pm

This is why there’s no budget:

– Liberal MPs, grassroots to push for universal basic income at party convention (www.ctvnews.ca)

– BC: “Carney hopes pandemic urgency carries over to tackling climate change” (www.youtube.com)

…….
We got a two-fer here. Double whammy. Remove the highest margin items from view and thus slam the small busineses, further. Control over our feeding? Yes CV did this too! (And to think this re-making of the world has 9 more years, to run.)

https://www.blogto.com/eat_drink/2021/03/ontario-politician-stop-stores-selling-junk-food-checkout/
“An Ontario MPP is trying to discourage the promotion of unhealthy foods in stores throughout the province with a new bill that would limit which products can be put on display right next to the cash register.
“Since the pandemic started, lines at the cash register have gotten longer as have the waits,” said Gélinas in a statement. “Marketers know that strategically placing high fat, sugar and sodium foods in those line ups pay off. It’s time to stop tempting Ontario’s consumers to eat more junk food.”

……..
Wow control over our Breeding.

https://www.politico.eu/article/no-more-babies-expert-warns-that-hormone-altering-chemicals-threaten-human-procreation/
“Following current projections, sperm counts of the median man are set to reach zero in 2045, Swan and co-author Stacey Colino, a health and science journalist, write in the book. That means half of all men would have zero viable sperm and the rest would have very close to zero.
The reason, Swan said, may be growing exposure to endocrine-disrupting chemicals found in everything from plastics, electronics, food packaging and pesticides to personal care products and cosmetics — and as such are in the bodies of just about everyone on the planet. ”
…………

Oh boy everyone is on board. A new world order he says. Same script as the Bankers. Radical change.

https://www.vaticannews.va/en/pope/news/2021-03/pope-francis-book-excerpt-god-world-to-come.html

“”By closing in on ourselves. Instead, we can heal injustice by building a new world order based on solidarity, studying innovative methods to eradicate bullying, poverty and corruption, all working together, each for their own part, without delegating and passing the buck.”
“If we don’t roll up our sleeves and immediately take care of the Earth, with radical personal and political choices, with an economic ‘green’ turn by directing technological developments in this direction, sooner or later our common home will throw us out the window. We cannot waste any more time.””

#133 Doug in London on 03.16.21 at 9:34 pm

The Dow lost almost 13% – the biggest plop since 1987. The S&P shed 12% in one session. The Nasdaq crashed the most ever.
———————————————————–
That’s what you call an awesome buying opportunity.

#134 mark on 03.16.21 at 9:39 pm

DELETED

#135 Al on 03.16.21 at 9:57 pm

The antitrust force is strong with that merger. For the sake of the countries pocket books, hopefully it doesn’t happen. Back to $100 for 5GB rather than $25 for 25GB.

#136 Sail Away on 03.16.21 at 10:14 pm

#106 Faron on 03.16.21 at 7:57 pm

I’ll add that the US is currently killing people with COVID at a per-capita rate that’s 4.8 times that of Canada. There are many factors that contribute to that mismatch.

————

Hard to believe Biden’s killing off his people like that.

#137 crowdedelevatorfartz on 03.16.21 at 10:14 pm

@#131 Ponzie’s Parable

“Ponzie does not shop for grocery.
That’s the job for wife#3”

+++++
Sorry ladies.
Polygamist Ponzie sed a funny.

#138 FriedEggs on 03.16.21 at 10:43 pm

First they didnt know they had 6 doses in the vial instead of 5, then they said that you dont need the 2 shots so close together and then said in some cases you only need one shot. They said the AZ shot is not good for over 65 and now they say its ok for over 65.

Gang i think they got it figured out – great stuff!!! Go science!

#139 Cici on 03.16.21 at 10:47 pm

I noticed that Tangerine just raised its fixed-rate motgages again: the 10-year has plumped from 2.84% to 3.09%. Still no change to the 1.45% variable.

And regulatory adjustments are coming down the line for the banks in May: https://www.osfi-bsif.gc.ca/Eng/osfi-bsif/med/Pages/svar21-nr.aspx.

#140 fishman on 03.16.21 at 11:23 pm

Everybody finished hardening up the bunker while the borders were closed?. The hordes are on their way. Jostling for position for when the gun goes off & the gate goes up. Crowded up bad now on the Rio Grande. Backed all the way down to South America. Same across the Atlantic and into Africa. Then up through the Middle East & into the Stans. The Punjab is emptying. Young single men of military age. On the march. Whats your plan when the “refugees” crash the 49th? “lil potato” going to stop the tide like King Canute? I suppose if the Mormons can have magic underwear we can have magic socks. Nevertheless, gear up for some free enterprise I say. Like a little “salvaging” when the freighters crash the west coast. Have to be quick or the “customer” sinks cause gold is heavy. Easier when it was packages instead of people.

#141 Nasty Nate on 03.16.21 at 11:25 pm

You jinxed the S&P…it has not reached 4k…yet

#142 Mountain Camper on 03.16.21 at 11:31 pm

I feel so good that I’m leaving in best city of this best country in the world….yes folks that’s Red Deer.Specially , in this COVID times…total cases have fallen below 100 now…schools have been open for few weeks without major issues.I even went to gym the other day.Of course,until herd immunity, we all must be careful.

Other good things – very affordable houses,great schools, 2 hrs from the mountains ( everyone check out Abraham lake on David Thomson highway), an hour from 2 major cities.

Economy wise – things are looking better, tbh can’t get worst than this.If OG comes back on a sustained basis, in a couple years Alberta will be busy again.

I work at a major petrochemical site and have many Easterners as my colleagues…none of them wants to go back..they have great jobs, and raising families in Red Deer.

So young people from big smoke…what are you waiting for? Come and join us…It’s all up up up from here.

#143 Genbizx on 03.16.21 at 11:34 pm

These vaccines don’t provide herd immunity. They aim to knock down the awful complications. They haven’t been proven so far to affect transmission. If large segments of the population are asymptomatic, the vaccines should not be viewed as necessary for all. The Spanish flu pandemic was much worse but ended without a vaccine. We all want to get back to normal and we will. Let’s hope that we also dial back the authoritarian flavour that has seeped into the cracks of our democracy.

#144 Leo Trollstoy on 03.17.21 at 12:39 am

Is this op-ed supposed to help? I’m confused

Linn Wiik: “I would love to die from the AstraZeneca vaccine”

https://polewb2t5uvz7yvicsilxzzedq-adwhj77lcyoafdy-www-tv2-no.translate.goog/a/13886747/

#145 R on 03.17.21 at 12:40 am

The 2 trillion dollars being spent on the stimulus package could also have financed some really meaningful infrastructure programs. Tony Seba, a futuristic disruptive visionary, estimates the entire US electrical grid could be replaced with wind,solar and battery renewable energy. This would completely replace all coal, nat gas,oil and nuclear, and allow for all the added electrical requirements /needs for an entire battery electrical vehicle network. By 2030, the marginal cost of new electrical energy will be so economical that large scale desalination of ocean water could be used at scale. This could relieve states like California of water scarcity issues for farmers. The introduction of scalable abundant renewable energy will occur just because it will be so much cheaper than the current methods. This alone will keep inflation at bay for decades. Something to think about. PS: this also means if your financial portfolio is dependant of juicy dividends from energy utilities, might want to potentially rethink that . Another PS : A huge bond bubble is forming attached to energy utilities that will be devalued as the underlying industries lose market share due to being unable to compete with renewable energy . It will make the 2008 housing bubble look cute. Ask your politicians to make sure all this bond debt is NOT backstopped by the taxpayers. This will most like take at least 5 years to fully play out, so by 2026 this trend will become more obvious . But , hay, $2 trillion could revamp the whole shebang ,IMHO

https://m.youtube.com/watch?v=PM2RxWtF4Ds

#146 Ponzius Pilatus on 03.17.21 at 1:41 am

#91 IHCTD9 on 03.16.21 at 7:00 pm
I was talking to a customer of mine today. Fresh and new to the Canadian workforce. He said of Trudeau “This guy is just wrecking the place!”. Yep, he caught on pretty quick eh? “How are things going to be years from now?”, “Why aren’t we building pipelines for our oil and mining?”. “Canada is so rich, why are we acting like this!?” I had to chuckle…
—————————————-
Objection,
My honour, IHTC is leading the witness.
——
And what do pipelines have to with mining?

#147 VicPaul on 03.17.21 at 2:16 am

#50 mj on 03.16.21 at 4:59 pm
I personally like Maxime Bernier’s policies the best for Canada. Too bad he won’t win.

*********

I have spoken my support for a number of the People’s Party platform positions like:
1) reduction of interprovincial trade barriers/anti-
cooperative sentiment (parles-tu Anglais?)
2) being more mindful of our immigration
practices/quotas
3) revisiting our Equalization payment structure to
make it more equitable for all (not just a yearly
bonanza for Quebec…$6 daycare on Alberta’s dime –
and then brag about it…sheesh!)
4) allowing (even supporting!) our energy sector to be
the engine of this country as the world evolves into
cleaner energy (oil instead of coal-nat gas instead of
oil – hydrogen instead of natural gas). Let’s get a
continental plan to our pipeline infrastructure and be
ready to transport these fuels safely throughout N.A.
and to 60% of the world’s population in Asia through
western ports.

Altagas (ALA) now has facilities at Pacific tidewater in both CAN and US – and is shipping propane/butane to Asia – just the beginning.

https://biv.com/article/2020/08/altagas-approved-double-propane-exports

M57BC

#148 Investx on 03.17.21 at 4:51 am

“Kamala will be the next president.”

[Shudder]

#149 unbalanced on 03.17.21 at 8:06 am

In Manitoba PC”s are nothing but wanna be Union busters!

#150 fancy_pants on 03.17.21 at 8:11 am

DELETED

#151 crowdedelevatorfartz on 03.17.21 at 8:11 am

Happy St Ponzie Day!

Everyone gets to dress in green Lederhosen, drink green schnapps until they turn green and act grumpy for a whole day.

#152 IHCTD9 on 03.17.21 at 8:15 am

#146 Ponzius Pilatus on 03.17.21 at 1:41 am
#91 IHCTD9 on 03.16.21 at 7:00 pm
I was talking to a customer of mine today. Fresh and new to the Canadian workforce. He said of Trudeau “This guy is just wrecking the place!”. Yep, he caught on pretty quick eh? “How are things going to be years from now?”, “Why aren’t we building pipelines for our oil and mining?”. “Canada is so rich, why are we acting like this!?” I had to chuckle…
—————————————-
Objection,
My honour, IHTC is leading the witness.
——
And what do pipelines have to with mining?
_____

I was quoting him verbatim, but just in case there is any confusion; he means building pipelines, and also carrying out the act of mining.

#153 Immigrant man on 03.17.21 at 8:17 am

Thank you! I recently discovered this blog – loving it! I like the use of a 2×4 as a benchmark for construction materials. I remember being in a Home Depo in fall of 2020 shopping for treehouse lumber and the 2×4 jumped from 3.50$ to 7.50$ overnight. Then I was reading a CBC article that said inflation is at ~1.5%… that conflicted with my understanding of reality. Your blog helped me understand why the 2x4s are so expensive and why it is not counted as inflation by the Canadian banks (still it’s really misleading). I even gone back to 2008 to see what you called before it happened… wish I discovered your blog sooner.

Question. All of us not living NOT in the big cities/suburbs/within WFHomers buying distance – what the best we could do? I live in Kirkland Lake. Me and my wife are both professionals (engineer and geologist) working in the resources sector (gold). We bring home about 230k$ before taxes. Own (mortgage) a house ~400k$, have a couple of young kids. 30k$ savings + 50k$ kids RESP. We’re able to put about 20k$ a year towards savings and use about 20k$ on renos on our older 2200 sq ft house. We are in our late 30s. We are both immigrants from poor countries, so there is a guaranteed 0$ of inheritance coming our way. Instead we financially help our respective parents ~10-20k$ per year combined. Of course we think “Damn! We should have bough a condo, a house, a shack in the Torontos about 5 years ago, we could have managed it somehow – we’d be millionaires now!”. But that ship has sailed. So what now? Did we miss out on this lottery cuz we live in the sticks?

#154 fancy_pants on 03.17.21 at 8:28 am

Hyperinflation will never occur in North America. – Garth

So you are indirectly saying 25% rates then? The pink elephant won’t leave the room, they will have to pick their poison. Macro economics 101

#155 Rosco on 03.17.21 at 8:30 am

Drove by a solar farm north of Innisfail which is south of Red Deer and must say it is the ugliest thing to see that scarred the beauty of some decent rolling land.
There’s a half section solar panel farm being installed in Lacombe county just east of Red Deer this year also.
Alberta farmland is being wasted on these ugly feel good, green electrical diversification projects.
I heard they pay 600 per acre yearly.
What an insult to farming, oil & gas and nature.
At the same time, the sky seems to have a grey haze with flat streaky lines of clouds year round blocking the sun and moonlight.
Where did blue sky’s and round fluffy cloud’s go that I remember from year’s past.
With respect to the variant inoculation’s hoping to be TAKEN -GOOD LUCK

#156 fancy_pants on 03.17.21 at 9:20 am

DELETED

#157 Bezengy on 03.17.21 at 9:21 am

#153 Immigrant man on 03.17.21 at 8:17 a
Did we miss out on this lottery cuz we live in the sticks?

—————————————
Sounds like you won the lottery. KL is quite the Utopia isn’t it?, especially when you’re making good coin as you do. Literally two minutes away from all the amenities one needs. I’m sure the kids love it. Small town Canada is where it’s at. I don’t understand why more immigrants don’t come north instead of sticking it out in the cities. Have fun spending your spare cash my friend, life is good.

#158 IHCTD9 on 03.17.21 at 9:25 am

#107 Drinking on 03.16.21 at 7:59 pm
#91 IHCTD9

I am glad that you wrote what you did.

Once a week I go to my favorite liquor store. Have known them for years. Immigrated from India to Canada. The owner (Raj) is just a real inspiration.
___

I’ve mentioned another young dude I work with (also Indian) who is working between 85-94 hours per week trying to get ahead in the GTA. He’s also mused about going back to India.

It’s never been easy to get a leg up as an immigrant, but now in post-Trudeau Canada; most newcomers can basically just forget about ever owning a home as an individual.

I look back at my own parents/grandparents journeys as immigrants to Canada, and owning RE was a big part of their success. None of them ever made much money, but it was enough to get on the RE ladder/buy a Farm respectively, and ride the wave up. Today, their quality of life, and low cost of living is largely thanks to RE ownership. Now, hard and/or financial assets are even more important to own than they were back then.

Trudeau offers scripted platitudes, and gushes about Canada’s “diversity” and desirability. No one cares. Immigrants want a shot with real potential behind it. Who wants to be a tax slave renter for life? Most immigrants can succeed just fine at that lifestyle in their country of origin.

Hopefully, the Liberals are able to keep potential new immigrants in the dark regarding the realities of “building a life” in post-Trudeau Canada. Because if they knew the truth – they’d likely keep waiting in line hoping to get into the USA instead…

#159 crowdedelevatorfartz on 03.17.21 at 9:30 am

@#155 Rosco
“At the same time, the sky seems to have a grey haze with flat streaky lines of clouds year round blocking the sun and moonlight.”

+++

Not to worry.

Thats just the sandstorms from Beijing that have blown half way around the world.

https://www.livescience.com/massive-sandstorm-in-beijing.html

Nature at its most ironic.

#160 Dharma Bum on 03.17.21 at 9:42 am

#44 Drinking

Bumwad, lol, have not heard that term in years.
————————————————————————-

Brings back memories. At summer camp, back in the early 70’s, we used to roll dried pine needles up into toilet paper, light it up, and smoke it.

We called those smokes “bumwadas”.

After the 3rd puff, they’d be a fireball.

This explains a great deal. Thank you. – Garth

#161 Dharma Bum on 03.17.21 at 9:51 am

#155 Rosco

Drove by a solar farm north of Innisfail which is south of Red Deer and must say it is the ugliest thing to see that scarred the beauty of some decent rolling land.
————————————————————————-

Yah, I’ve seen that. Butt ugly.

I would way rather see wind turbines. They can actually have a good aesthetic, silhouetted against the contrasting light, looming over the horizon on a long stretch of gently rolling prairie highway.

I would still rather see mountains, but alas, there are none in that region.

#162 WiseGuy on 03.17.21 at 9:59 am

So the only thing that I will comment here is that from a science base, because that is the field I work in, many healthcare professionals knew that we would still be in this pandemic a year later. We knew that there would be a first, second, and third wave.
The assumption that by Summer we will hit herd immunity here in Canada is definitely not the fact.
There is some speculation that with immunization that the USA will hit herd immunity by June, but that is perhaps a little too hopeful, but many scientists have expressed that view.
The problem here in Canada is the fact that we have been significantly better than the USA in suppressing this disease, but by no means are we a model as the virus continually spreads.
The vaccines are also a big issue. Anyone with half a brain should understand the importance of being immunized, but there is so much misinformation on the internet, that these groups of people will continue to spread disease for years to come.
I have a large base of friends from various communities. What I can tell you is that my black friends, notably in the Jamaican heritage will not under any circumstance take a vaccine. I have explained that the stats in the USA state that people of colour are 5X the risk of dying from Covid, but it just doesn’t resonate.
Then you have the alt-right, Trump supporting QNon supporting Canadians and believe me, there are more of these individuals around than you think. They don’t wear masks for the most part and don’t believe in vaccinations, at least the Covid vaccine. These people are perhaps a little less educated than others, but they are a hopeless bunch.
I’m afraid to say that this time next year, we’ll still be wearing masks!

#163 Immigrant man on 03.17.21 at 10:33 am

#157 Bezengy on 03.17.21 at 9:21 am

How so? Literally anybody from Toronto can move to northern Ontario! But most torontonians think that the part of the country beyond the reach of a a double-lane highway is not inhabitable. Or fit only for cavemen at best.

#164 IHCTD9 on 03.17.21 at 11:05 am

#153 Immigrant man on 03.17.21 at 8:17 am

Damn! We should have bough a condo, a house, a shack in the Torontos about 5 years ago, we could have managed it somehow – we’d be millionaires now!”. But that ship has sailed. So what now? Did we miss out on this lottery cuz we live in the sticks?
___

You would not have netted 7 figures on a gta shack in 5 years after buying in cheaper somewhere else, not even close. Frankly, if you’re making 230K hhi in a place like KL, and bought a house for only ~400K – a 7 figure retirement pie should already be in the oven. You are on easy street, even compared to many born Canadians.

#165 Chris Serran on 03.17.21 at 11:25 am

For all of you concerned about blood clots from the covid vaccine, here is what you should really think about.

A study of 184 people in the ICU for severe COVID-19 found that 31 percent of these individuals experienced complications related to blood clots. It’s still unknown how common blood clots are in individuals who have a mild case of COVID-19. COVID-19 complications from blood clots can happen across all ages. A small study looked at 14 people with COVID-19 who had experienced a stroke due to a blood clot. The study found that 42 percent of participants were under age 55 and had no existing risk factors for stroke.

So, the real danger is not getting vaccinated, getting Covid and then having a blood clot – many multiples more risky than getting the vaccine, which has not been shown to cause clotting above the typical rate in the population at large. Take whatever shot you can get.

#166 crowdedelevatorfartz on 03.17.21 at 11:32 am

@#162 Wiseguy

Trump announced yesterday that everyone should get a vaccine…

https://www.politico.com/news/2021/03/16/trump-americans-covid-vaccine-476479

I wonder when he’ll turn 180 degrees on his other nonsensical drivel.

#167 Lefty on 03.17.21 at 12:03 pm

The Libs mis-fired with Dion then Ignatieff. The Cons followed suit with Scheer then O’Toole. Unwinnable candidates.

Cons next leader? Caroline Mulroney. She has a famous last name, speaks 4 languages, went to Harvard. Could do a lot worse. Probably will.

#168 Catlady on 03.17.21 at 12:27 pm

I am one of those “front line” healthcare workers you all keep hearing about. When the vaccine was offered to me (two and a half months ago), I didn’t hesitate. I got my first dose asap. Why ? Because as healthcare workers I feel we have an obligation to those we care for. They are someone’s husband, brother, wife, mother, sister etc. I also feel that we should lead by example. If healthcare workers won’t get vaxed, why would the general public ? I also have a husband, family and friends. What truly scares me about all of this, is that people believe when this is over, we’re good ! There are any number of emerging pathogens that epidemiologists are tracking at any given time. Any pathogen can mutate at any time, given the right circumstances. We have barely gotten through Covid. What if it were something far worse like a mutated strain of ebola, with an 80% fatallity rate ? What then ? Would people stay home? Or would they simply drive to the next town not under lockdown, like they do now ? Perhaps the symptoms of covid aren’t graphic enough to be taken seriously. Maybe a hemorrhagic fever would do the trick….

#169 Sail Away on 03.17.21 at 12:50 pm

There is an ancient proverb that states when a mosquito lands on one’s privates, every man becomes capable of solving problems without violence.

#170 Gravy Train on 03.17.21 at 12:56 pm

#165 Chris Serran on 03.17.21 at 11:25 am
“[…] So, the real danger is not getting vaccinated, getting Covid and then having a blood clot – many multiples more risky than getting the vaccine, which has not been shown to cause clotting above the typical rate in the population at large. Take whatever shot you can get.” How did you get in here? You’re much too smart to be in this steerage section. Garth will have to review his admission policies! :P

#171 KLNR on 03.17.21 at 1:06 pm

@#157 Bezengy on 03.17.21 at 9:21 am
#153 Immigrant man on 03.17.21 at 8:17 a
Did we miss out on this lottery cuz we live in the sticks?

—————————————
Sounds like you won the lottery. KL is quite the Utopia isn’t it?, especially when you’re making good coin as you do. Literally two minutes away from all the amenities one needs. I’m sure the kids love it. Small town Canada is where it’s at. I don’t understand why more immigrants don’t come north instead of sticking it out in the cities. Have fun spending your spare cash my friend, life is good.

most likely because they’d like to be a part of their community.

#172 Linda on 03.17.21 at 1:15 pm

Have to say, I’m a little reluctant to get the AZ vaccine. Not because of the possible clotting issue – as another commenter noted, blood clotting is one of Covids side effects that can occur – but because of the efficacy of the shot compared to Modera or Pzifer vaccines. Still, protection in the 65% plus range is better than no protection at all.

The real issue to date is actually securing in hand doses of vaccine. Yes, Canada has ordered many millions of doses, but that is NOT the same as actually receiving them. Booking an appointment is also a bit of an issue – for some odd reason the website keeps crashing. Going out on a limb here but I think it safe to say demand is overwhelming the system.

#173 Wrk.dover on 03.17.21 at 1:33 pm

#152 IHCTD9 on 03.17.21 at 8:15 am

“Why aren’t we building pipelines for our oil and mining?”.

———————————————

In the public school system, we learned of the need to put a comma after the word oil in a sentence like that, in order to ward off any confusion. Orally spoken too.

I didn’t pay attention to the terminology of it though, so this is all I can say to help.

#174 crowdedelevatorfartz on 03.17.21 at 1:44 pm

@#167 Lefty
“Cons next leader? Caroline Mulroney. She has a famous last name, speaks 4 languages, went to Harvard.”

+++

She would probably be an excellent leader…unfortunately her father skulking in the wings would cost her 10 points at the polls…..

#175 leebow on 03.17.21 at 1:48 pm

#167 Lefty

Oh nice. Caroline Mulroney. Does she also like to make a bit of money on the side, like her daddy?

I voted for both cons and lib before. There is no way I’ll vote for cons until they clearly and unambiguously separate themselves from trumpists and the likes of that little shit Ooserthof. I don’t think I’m alone in this.

Tru can do whatever he wants as long as the alternative are the weirdos.

#176 Nelson on 03.17.21 at 1:52 pm

#93 Barb – “If the Dippers retain the hammer, more non-gender bathrooms in schools. Oh goody! (Sigh)”

Oh man, can we try to keep this a blog about finances and real estate and leave the social conservative crap in the gutters of the internet? As if there isn’t enough of that out there already.

#142 Mountain Camper – Are you serious? Red Deer and environs are crime infested with social ills galore. People have been fleeing for years with good reason. Not to mention the groups of racists who mobilize to ‘counter-protest’ at anti-racism rallies.

#155 Rosco – What about pump-jacks, refineries, feedlots, and auction-markets, makes them more inherently pleasing to the eye than green energy projects? Also, 600/acre annually without expenses? Sounds great, I think you’ll find a lot of farmers will be on board with that!

#177 IHCTD9 on 03.17.21 at 2:19 pm

#173 Wrk.dover on 03.17.21 at 1:33 pm
#152 IHCTD9 on 03.17.21 at 8:15 am

“Why aren’t we building pipelines for our oil and mining?”.

———————————————

In the public school system, we learned of the need to put a comma after the word oil in a sentence like that, in order to ward off any confusion. Orally spoken too.

I didn’t pay attention to the terminology of it though, so this is all I can say to help.
___

#152 IHCTD9 on 03.17.21 at 8:15 am
#146 Ponzius Pilatus on 03.17.21 at 1:41 am

I was talking to a customer of mine today…
—————————————-
Objection,
My honour, IHTC is leading the witness.
——
And what do pipelines have to with mining?
_____

I was quoting him verbatim, but just in case there is any confusion; he means building pipelines, and also carrying out the act of mining.

#178 James Kook on 03.17.21 at 3:38 pm

“…Downtown condos will be gold again.”
______________________________

LOL. Some cried in 19 century that horses will be main transportation again… :-)

Seems some still do not realize the fact that the World has changed forever. COVID only expedited inevitable transformation:

globalization moved blue-collar jobs to Asia, white collar jobs will be truly global, i.e. online.

Therefore, all downtowns are loosing its importance forever.

#179 Tyberius on 03.17.21 at 8:11 pm

Weird – I posted something yesterday (it showed up as #133, waiting for moderator…), but then it never showed up.
I’m pretty sure it didn’t violate any of the guidelines, so maybe a glitch. Can you find it and post it Garth?