Karma

After two months of being a Big Smoke urban dude, ripping up downtown Toronto on my e-scooter, I flew back to NS, where everyone’s a Lib.

Well, not any more. “Had enough of that guy,” my taxi driver said on the highway to Lunenburg. “Trudeau called a useless election after spending all that money. How can the other guy be any worse?” Heard that a lot this long weekend.

My theory proved again. Canadians do not vote for people. They vote against people. Thus, the ballot call of 2021 could go down as one of the biggest political misjudgments in Canadian history. Second only, maybe, to the Kim Campbell episode of 1993 (from a majority to smoky hole after merely 132 days of power).

Mr. Socks needs another Atlantic sweep and big numbers in Ontario to stay alive. But the winds are against him. In six years Canada has doubled its debt, houses cost 70% more, renters are squished, inflation is romping, Covid is divisive, Canada Day was canceled, Kabul was a disgrace and people are tired of hearing we should be ashamed of our country, our past, our heritage, our tribe and ourselves.

That probably explains this…

Source: 338Canada

It’s a pivotal week. Leaders’ debates. Vaxports being rolled out. Schools reopening. Delta spreading. Voters digesting party plans for the economy, housing and health. Character matters, too. In NS voters tossed out the Lib premier and installed Tories largely because he tried to cover up an old DUI charge. Federally, T2 is about to face the fallout from Jody W-R’s book, while voters are reminded his wife and mom were paid huge sums of money by the creepy WE brothers who were then given a taxpayer-funded billion-dollar pandemic contract. One rule for us. Another for them.

Well, two weeks is a long time in politics. Everything could change. Polls could be utterly wrong (happened with Trump). O’Toole could blow up. Jag could surge as the alt choice. Or this could be Mr. Trudeau’s ‘Kim’ moment, wherein arrogance fades to nothingness.

Meanwhile, let’s acknowledge that the country has some serious ills. Millions of people have embraced risk during the Trudeau years and indebted their families in an epic way in order to achieve home ownership. Covid accentuated that as mortgage rates fell again and WFH led to a level of house lust never before seen. Much of this was not the federal government’s fault. But someone has to answer for it.

Did you see the latest Equifax numbers?

Over 410,000 new mortgages were arranged in the last three months. The most ever, and up 60% year/year. Those home loans were bigger, too. The average borrowing is up 20% since last year. We owe $2.15 trillion, most of it to buy real estate, and this giant influx of debt has helped push prices higher. Everywhere.

In Guelph, 100 km from downtown Toronto, a high-end house that sold for $1.5 million two years ago is now listed for $2.5 million. In sleepy, bucolic Lunenburg (pop. 2100) prices are 48% higher in a year. Most buyers are Ontario refugees and most sales are online. In Squamish (non-commutable to YVR) the average list price of a detached is now $1.7 million. The entire country is messed up.

As mentioned here last week, listings in places like the GTA or the LM have plunged, largely because high prices have frozen the market. Houses cost too much for newbie buyers to get in. The same valuations make owners fear selling since they can’t afford to repurchase. Even out in Bunnypatch or Armpit. And even after collecting their windfall, non-taxed real estate profits.

Jenna wrote me this weekend, seeking guidance. Her 80-something parents rent and want to move in with her and hubs in Toronto. The wrinklies are willing to hand over $500,000 to do so. “My close friend thinks we are insane to turn down such a generous offer from my parents,” she says. “This “sandwich generation” is no joke. Not sure what to do here.”

She owns a small home now with $1 million in equity, a mortgage, and scant personal savings. To move up will require buying a $2.5+ million place – that’s what they cost – so even with a half million-dollar gift the increase in debt would be massive. “When I crunched the numbers and factor in Toronto’s double land transfer tax, realtor fees, lawyers, etc… That feels like a lot of equity out the door for us. Also, our mortgage would be higher, property taxes, hydro, everything higher. Our current house would likely fetch 1.5 or even a bit more but to find a suitable multi-generational home in the area I’m seeing costs of $2.5M+. Factor in an inevitable interest rate increase and that puts a big dent in our own family’s financial planning.”

Jenna and her spouse (two kids, one disabled) earn $270,000. They can be gifted $500,000. And they worry about money. How is any of this normal, or acceptable?

No party or leader has a good answer about how to fix things. But the guy currently in charge will wear it. Uneasy lies the head that wears the crown.

About the picture: “Allow me to introduce you to one of my best friends. Maui, world traveler,” writes Rob. “He absolutely loves jumping into the surf after a tennis ball. Here he is enjoying yet another Mexican sunset. He can do that ’cause his buddy reads your blog and has prospered because of it. Keep up the good work. You help more than you will ever know…”

174 comments ↓

#1 Bartman on 09.06.21 at 11:42 am

Why is it governments are so corrupt. BTW – is it time to buy Bitcoin yet? LOL

#2 Prince Polo on 09.06.21 at 11:45 am

Bring on Peppy & Prepared PM O’Toole
-OR-
Bring on $5M mortgages for all adult Canadians (dead or alive)

Only one of these will make me ecstatic…

#3 canuck on 09.06.21 at 11:51 am

Good points yet I’m not interested in voting to replace one loser for another loser. The spineless leader of the CPC wets his finger daily, checking the winds of opinion in a desperate attempt to win the election, even abandoning most of his platform to do so.

I’m voting for a party with a platform that closely resonates to my values and thats PPC. Those who complain of vote splitting can bite me. Some of us stick with our values. Replacing a loser with another loser will keep Canada swirling in the toilet bowl.

Voting for a person who probably won’t win his own seat means you keep the loser you despise. What about math do you not understand? – Garth

#4 crowdedelevatorfartz on 09.06.21 at 11:59 am

Aaaaaaand Trudeau drags out “gun Control” as a major platform initiative again.
It’s getting tiresome.

Canada already has some of the strictest gun control rules on the planet.
What we don’t have is incarceration.
Canada’s “touchy feely” catch and release “justice system arrests gang bangers that have illegal guns and no gun permits and slaps them on the wrist before cutting them loose.

Illegal guns wont stop pouring into Canada with more rules against legal gun owners.

Criminals ignore all gun rules.
But the Liberals need a Hail Mary bug bear to get the sheeple to vote for them.

#5 Russ on 09.06.21 at 12:00 pm

Nice AFS pic Rob.

I will be looking at somethng simialr this week, heading to the west coast on the Colony of Vancouver Island for some R&R.

I am still on the fence whether to vote for the local candidate or try something strategic but it won’t be Green this time.

Anyone check Worlometer’s covid graphs & stats? The death rate continues to fall (@ 2.3%) even with Brazil, USA & India trying to prop it up.

And best to celebrate Labour Day too.

Cheers, R

#6 Devil Anse on 09.06.21 at 12:01 pm

“When I crunched the numbers and factor in Toronto’s double land transfer tax, realtor fees, lawyers, etc… That feels like a lot of equity out the door for us.”

____________________________

Real estate transaction fees are the reason I won’t move. It boggles the mind how house prices have doubled in ten years, but realtor commissions are still at 5%. Are Realtors doing twice as much work?

Like Jane, I own a $1.5M house (mortgage free), but the $125K or so I would be paying in transaction costs for trading up is obscene. The system is truly broken – and I want nothing to do with it.

#7 Mr. X on 09.06.21 at 12:14 pm

People are lying. To the pollsters and each other. Too much free money. It’s gonna be a JT sweep.

#8 earthboundmisfit on 09.06.21 at 12:15 pm

Joe “Couldn’t Count” Clark not worth a mention? I believe you’re of an age to remember.

#9 Ponzius Pilatus on 09.06.21 at 12:17 pm

I’m warming up to the Soldier Boy (in a Plutotonic sense, of course).
Let him deal with the mess.
Another election most likely in a year or so.
Hope Hulk Horgan runs for the NDP then.
Could be another Jack Layton.

#10 canuck on 09.06.21 at 12:18 pm

Voting for a person who probably won’t win his own seat means you keep the loser you despise. What about math do you not understand? – Garth
_____________________________________________

I despise both. That’s my point. It has nothing to do with math. I’m not voting for the person, I’m voting for the platform and values that resonate with mine. You never comment on their platform, even when asked.
People using math ensures we get the same regurgitated crap. Regardless if Bernier wins or loses, would you like some ketchup to help eat your words if the PPC wins a few seats on the 20th?
You seem to think that Bernier is the party. He isn’t, just like Douglas wasn’t the NDP… but someone has to start it.

#11 tbone on 09.06.21 at 12:19 pm

Jenna is wise to decline the offer. Caring for older people is no easy task. They should consider a retirement home where they can get the services they require as they age.
I got my nasty MIL into a long term care home and she is much happier but still nasty.

#12 QuebAnglo on 09.06.21 at 12:21 pm

Voting for a person who probably won’t win his own seat means you keep the loser you despise. What about math do you not understand? – Garth

————————————

Erin O’Toole and Justin are cut from the same cloth – pandering for whatever seats they think are in play. At least Max Bernier has been principled enough to challenge sacred cows like supply management and equalization. Not that I’ll be voting for him, he lost me on his anti-vaccine stance – but at least he’s true to his beliefs.

This officially classified Historical Quebec Anglo will not be voting for the first time in his life – because all the major parties have pandered to Quebec nationalists to win a few seats in the 450/418/819. For shame!

#13 Km on 09.06.21 at 12:23 pm

The saddest part is that these are supposed to be people who have risen in politics because they are the best and at the top of their game. If this is the best we have that says a lot about the state of our government in general.

#14 Quintilian on 09.06.21 at 12:25 pm

“No party or leader has a good answer about how to fix things. But the guy currently in charge will wear it.”

So true, so logically sound, so honest.

A few weeks ago, the Liberals were riding high. So, the cratering of their support has nothing to do with their policies, or their corruption.

It has much to do with the early election call, and not a preference for the competition.

The new government could be voted in based on an irrational, emotional need for retribution.

Not good.

Anger, jealousy, ignorance – the molecule of Conservatives.

#15 lettuze on 09.06.21 at 12:26 pm

The worst thing about JT was that he got rid of his dog. After the cute Instagram photo shoots…

#16 Bloff Witzer You're in the sitatation cloakroom on 09.06.21 at 12:34 pm

The housing market is in the state it’s in, in large part due to government intervention (blue& red).

Trudeau keeps beating on this gun nonsense despite the fact that they commissioned a white paper that concluded that what they are doing will have no effect on stopping gun crime (I don’t own any guns & don’t have any interest in hunting) but know what the Libs have done is idiotic and serves no purpose. The incidents they yap about with “assault rifles” whatever the hell that is (they don’t know just all that are scary to them) were illegal guns. Blair bold face lies about this issue all the time. They often talk about shootings in the U.S. as justification, insane.Also there was a white paper about ending first past the pole, remember three elections ago was the last first past the post one according to Justin. Then they told him the white paper said the Libs would never hold majority power again without first past the pole so never mind forget that changing the way we vote to make for better representation.

Meanwhile speaking of the U.S. Jag apparently wants to tax U.S. citizens that he thinks are rich (he can’t but he will never be in power anyway). Justin ain’t much better in this regard.

Paul, well she’s well on her way to losing the same race for the same riding for the third time and most of what I’ve heard her yap about is recalling parliament (where she doesn’t have a seat) to debate things we can’t do anything about and are occurring in other parts of the world.

They are all unqualified delusional liars who stepped on people (or worse) to be where they are.
Conservative is the only way to go here and that’s only because it’s the least bad choice.

#17 Grandv!ew on 09.06.21 at 12:40 pm

“No party or leader has a good answer about how to fix things.” – Garth

I feel that they are all afraid to admit the simple truth :

Only way to improve affordability is to shed equity.

Everything else is just posturing and sucking and blowing in the same time. They purposely avoid to make hard decisions and as a result problem with real estate is becoming bigger and bigger. Currently there is a cabal of real estate agents advising clients that government can not and will not do anything to bring normalcy to the situation (for example stopping QE or starting to tax equity on principal residencies….). Its a game of the chicken between government and real estate cartel and so far real estate cartel and real estate owners are winning to the detriment of the rest of the country.

But that is almost OK. We are at the point in time where the “real estate problem” is getting out of the control and because we did not address it accordingly and in time it will address us.

Something tells me we are NOT going to like it !

#18 Marc Roger on 09.06.21 at 12:43 pm

Keep blogging, Garth.
You guys are priceless.

#19 Yukon Elvis on 09.06.21 at 12:45 pm

T1 went on a spending spree in the 70’s and 80’s. We ended up with a huge debt, high inflation, wage and price controls, 20% mortgage rates, a .64 cent dollar, a big recession, a stock market crash, 12% unemployment rate, and a housing crash that lasted about a dozen years. We turfed T1, elected the Conservatives who gave us the GST in order to remedy things, and then turfed the Cons and reelected the Chretien libs who promised to scrap the GST but they lied and never did scrap it. We even reelected the Chretien libs who then raised taxes and cut back on transfer/health care payments to the provinces.
And here we go again. Huge debt and politicians promising more spending and free stuff. And voters wanting a free lunch. Seems like the whole cycle will start again and we will endure another decade of pain. Maybe sooner than later.

#20 DC on 09.06.21 at 12:56 pm

Arrogance combined with ineptitude is a terribly poor combination. Surely Canadians deserve better than Justin Trudeau.

#21 Linda on 09.06.21 at 12:56 pm

Those who don’t have RE are jealous of those who have. Though in most cases the ‘haves’ don’t actually ‘own’ the RE in question – they just pay the mortgage.

Meanwhile, I’m jealous of Maui:) Sitting on a beach, enjoying the sunset, playing in the surf. Bliss! I like where I live but there are no beaches like that here. Dream a little dream for me, Maui.

#22 WhereToNow on 09.06.21 at 1:00 pm

The immature liberal guy is not a leader and is incapable at the role he is in. Glad to hear your Taxi driver is smart enough to get it ! Come on folks SMARTEN UP, ELECT A MATURE LEADER THIS ELECTION !! This Totally Un-Necessary Election costing us all millions of $$ by a liberal government elected by eastern Canadians. “Wake Up” people, and do not let this happen again, vote for a change and a chance for a better party to try and fix this mess Trudeau et al … got us into. This is serious business and your children and grand children are depending on YOU to vote for a better federal party.

#23 the Jaguar on 09.06.21 at 1:03 pm

What a beautiful and inspiring photo of Maui. His pure enjoyment of the surf and sunset confirmation that dogs exist on a higher spiritual level than humans.

“…..Beauty without Vanity,
Strength without Insolence,
Courage without Ferosity,
and all the virtues of Man without his Vices.” -Byron

#24 Nick on 09.06.21 at 1:04 pm

No politician will allow RE in Canada to go down.

Historic returns (with 90% leverage from bank) is better than stock exchange.

Up and up and up…

#25 cramar on 09.06.21 at 1:06 pm

It comes down to the English debate on Thursday. If everyone attacks JT instead of each other, he will be constantly trying to justify his abysmal record. He will be burnt toast in the election!

Get the popcorn ready!

#26 Jib Halyard on 09.06.21 at 1:09 pm

Any party that promises to end the capital gains tax holiday for homeowners and offset it with a cut in income tax would instantly get my vote.

#27 TurnerNation on 09.06.21 at 1:10 pm

—– The soft sell on the Economic and Social lockdowns begins. Hint hint Ontario never had a full re-opening plan. This was planned. Maybe, by 2022, we will be begging for the UBI??

The Consp. Theorists tell us this will run until 2025. We’ll see.

https://www.blogto.com/city/2021/09/health-official-warns-ontario-lockdown-again/


— The A.I. which is running the New System is being deployed. Singapore:

https://mothership.sg/2021/09/xavier-robot-patrol-toa-payoh/
“A media release stated that a HTX robot will be deployed for a three-week period from Sep. 5 to patrol Toa Payoh Central.

The robot(s), called Xavier, will weave its way autonomously through the crowds to detect “undesirable social behaviours”. This includes:
Smoking in prohibited areas
Illegal hawking
Improperly parked bicycles within HDB Hub
Congregation of more than five people (in line with prevailing Safe Management Measures)
Motorised active mobility devices and motorcycles on footpath

Upon detecting any of these activities, it will trigger real-time alerts to the command and control centre, and display the appropriate message (depending on the scenario) to educate the public and deter such behaviours.”

#28 Faron on 09.06.21 at 1:14 pm

#91 VicPaul on 09.06.21 at 11:12 am

If you are suggesting that pointing out a family member’s alcoholism is disparagement you need to clamber out of the stone age my man. Alcaholism is a biasless fact like saying the sky is cloudy or that COVID is a virus. Understanding the history of one’s life and that of one’s parents is not judgement or disparagement. Treating it as if it is, shoving or keeping that stuff shoved in a closet out of shame is where the damage comes in.

Marxist professors. Ha. I majored in several sciences. Maybe I was uber brainwashed, but it didn’t seem like there was any marxism being slipped into my classes in geochemistry or numerical analysis. At the very least I’m not the only one making an ass of myself around here.

#29 ImGonnaBeSick on 09.06.21 at 1:22 pm

#22 Faron on 09.06.21 at 1:14 pm
#91 VicPaul on 09.06.21 at 11:12 am

If you are suggesting that pointing out a family member’s alcoholism is disparagement you need to clamber out of the stone age my man. Alcaholism is a biasless fact like saying the sky is cloudy or that COVID is a virus. Understanding the history of one’s life and that of one’s parents is not judgement or disparagement. Treating it as if it is, shoving or keeping that stuff shoved in a closet out of shame is where the damage comes in.

Marxist professors. Ha. I majored in several sciences. Maybe I was uber brainwashed, but it didn’t seem like there was any marxism being slipped into my classes in geochemistry or numerical analysis. At the very least I’m not the only one making an ass of myself around here.

—-

Just the most often?

#30 Faron on 09.06.21 at 1:27 pm

#85 Sara on 09.06.21 at 10:24 am
#74 Faron

Some people sure could use an injection of empathy along with their vaccinations.

The following article gives an eye opening look at what it is like to end up sick in hospital due to COVID and how much expertise, resources and round the clock care are required to treat the patient: https://www.vox.com/2021/2/20/22280817/covid-19-deaths-us-nursing-home-icu-ventilator

Yep, it’s a brutal mess. Keep safe out there Sara and everyone here, really. I’m hopeful that Delta is peaking and we’ll be in the relative clear in a few month.

#31 crowdedelevatorfartz on 09.06.21 at 1:28 pm

@#28 Faron
“At the very least I’m not the only one making an ass of myself around here.”

+++

Tossing Sara under the bus?

#32 Unrepresented on 09.06.21 at 1:33 pm

What do I do if my riding doesn’t have a conservative candidate?

I get to chill on the 20th, right?

#33 SunShowers on 09.06.21 at 1:38 pm

Here’s a new rule for Labor Day:

If you don’t agree with the labor movement and don’t approve of unions, you must volunteer to work 60 hours per week (Monday-Saturday, 10 hours a day) with no overtime, and take only one day off per year (Christmas).

#34 Faron on 09.06.21 at 1:41 pm

#80 Sail Away on 09.06.21 at 9:33 am

Good job. Can you make sure you vacuum the corners this time before you back yourself into your charging dock? Having robots work for you is great…

#29 ImGonnaBeSick on 09.06.21 at 1:22 pm

A bunch of right to far righters taking issue with my comments is a goal well met however. Complaining about my frequency of commenting is like whining when a fleet of sanitary workers show up to clean a major black water spill. Anyhow, thank you for the recognition.

#31 crowdedelevatorfartz on 09.06.21 at 1:28 pm

C’mon, you are better than that.

Off to install a dishwasher. Happy Labour day!

#35 Covidiot on 09.06.21 at 1:48 pm

Probably not politically correct to say this, but this Covid sure has addressed a few of problems for the Government.

Elderly are afraid to go to the ER, thus reducing demand on ERs.
Eldertly are unable to get procedures, thus reducing health care costs.
Long Term Care home capacity issues have been addressed for the eldertly.
Those older voters aren’t so concerned with deficits anymore.

Every coin has two sides, right?

#36 Wrk.dover on 09.06.21 at 1:52 pm

One million equity plus 1/2 million gift minus 1/3 million bunny patch ark = no problems living retiring now with dividends from $1,167,000 invested.

Might have to take on some modest pay local work though, till CPP and OAS show up.

80 something parents means scant-saving-Jenn is 50ish, so apparently $270,000 wasn’t cutting it where they are anyhow, therefore change plans.

#37 BillyBob on 09.06.21 at 1:53 pm

What I find most bemusing is how belated this recognition of Trudeau’s lack of substance is.

He’s been the same smirky arrogant individual since “Because it’s 2015” yet people are only waking up to this now? Wow. Guess it just took some time to look up from the TikTok/Insta feeds or something.

Better late than never, but the trillion and a half debt won’t be gone as easily as he will be. The karmic payback will be spread over a long, long time.

Maybe he and Teresa May could start a club, see if Kim Campbell wants to join for nostalgia’s sake.

#38 Labels on 09.06.21 at 1:54 pm

From a 100 year old technology Harley that makes more noise than acceleration to instant-torque e-scooter.

Is Garth now…

Green?
Hipster?
Woke?

#39 Faron on 09.06.21 at 1:57 pm

#95 Sail Away on 09.06.21 at 12:45 pm
#85 Sara on 09.06.21 at 10:24 am

What the heck kind of whattaboutist nonsense are you yammering on about Sail Away? That’s a strong accusation that does nothing in your defense other than obscure the issue (whattaboutism 101) and demands evidence lest it be seen as an outright lie. Burden of proof is on the accuser bud.

#40 My Body My Choice on 09.06.21 at 2:00 pm

Many right-leaning, libertarian Ontario voters are wary about voting Conservative because they got burned by Doug Ford who turned out to be a fake Conservative. Some will vote PPC, some NDP and some will take a chance on O’Toole.

Liberals will take ZERO seats west of Winnipeg right up to Lake Okanagan.

Quebecors will split among the Bloc and Conservatives, with a handful of NDP and Liberals.

The GTA is the real battleground. Does the Golden Horseshoe want the Reign of Error to continue? Do they want their teen idol to impose more tyrannical, authoritarian punishment for the next 4 years?

On Sept. 20, make Mr. Sock-Boy a part-time drama teacher again.

#41 Nonplused on 09.06.21 at 2:04 pm

Jenna has a tough dilemma. Would $500,000 be enough to see her parents through in an assisted living facility? If she takes the money and blows it on a big house so her parents can move in, what happens if they have to go to a facility anyway at some point down the road? Where will the money come from for that, once said house is purchased?

————————————

I’m too much of a pessimist to believe it will be anybody but Trudeau as PM once the dust settles. Much as I’d like to see O’Toole and the Conservatives take a majority, I don’t think it will happen. (I’m more concerned with the party than the current leader but O’Toole doesn’t seem as bad as they make him out to be.)

A Conservative minority government would be a short lived adventure, because unfortunately they don’t have a ready dance partner like the Liberal-NDP marriage. Who would the Conservatives partner with? The Block? It’s majority or bust. I don’t see that happening because Ontario can always be trusted to do the wrong thing. Without a good showing in Ontario, no one can form a government in Canada.

———————————–

“No party or leader has a good answer about how to fix things. But the guy currently in charge will wear it. Uneasy lies the head that wears the crown.”

Unfortunately this is certainly true. I’m pretty good at fixing the world, but the mess we are in is epic, so even I don’t have any ideas. Deficits go up and down, but the trend is always up. Even if O’Toole and the Conservatives won a majority, how are they going to fix this mess? If the Liberal platform shows anything, it is that even the most tax happy leader the country has ever had can’t figure out how to meaningfully raise tax revenues. So spending cuts have to be the answer, but the difference between where we’re at and where we need to be is extreme. Any leader that tries it will end their party for at least a generation.

———————————

And the voters have only themselves to blame. We live in a society where a noisy minority with extreme influence wants a pay check without working, energy without generation, food without farming, services without paying for them, houses without building them, debt without payments, and expect some other magical group like unicorns or “the rich” will pay for it all. It is going to end badly. This election is just one more stop to take on passengers on the way to hell.

#42 Flop… on 09.06.21 at 2:07 pm

Real Estate and Politics on Canada’s Number One Coffee Blog?

Don’t do me like that…

M47BC

Visualizing the Largest Coffee Exporters Across the Globe.

Drinking coffee means that you will live longer. So says a host of recent research. Even if the exact cause of increased longevity isn’t caffeine, about 2 out of 3 American adults drink a cup of coffee every day. That means the market for getting a cup o’ joe is absolutely enormous, and we decided to figure out which countries are responsible for supplying most of us with our daily morning ritual.

Top 10 Countries Exporting the Most Coffee.

1. Brazil: $4.6B
2. Vietnam: $3.5B
3. Germany: $2.64B
4. Colombia: $2.58B
5. Switzerland: $2.2B
6. Italy: $1.6B
7. Indonesia: $1.19B
8. Honduras: $1.16B
9. France: $1.07B
10. Belgium: $.94B

https://howmuch.net/articles/world-map-of-coffee-exports

#43 Krusty the Clown on 09.06.21 at 2:08 pm

Divorces and real estate disputes are gonna be YUGE in the next decade.

#44 Quintilian on 09.06.21 at 2:11 pm

#24 Nick on 09.06.21 at 1:04 pm
“No politician will allow RE in Canada to go down.”

100% true, not willingly, but it won’t be within control for much longer.

It is 100% certainty that a major blow up is in the house of cards.

With the abuse and intentional suppression of the market mechanisms for so long, the build up of pressure is unlikely to easy off with a gentle hiss.

Tick Tock, Tick Tock

#45 Sail Away on 09.06.21 at 2:11 pm

#39 Faron on 09.06.21 at 1:57 pm
#95 Sail Away on 09.06.21 at 12:45 pm
#85 Sara on 09.06.21 at 10:24 am

What the heck kind of whattaboutist nonsense are you yammering on about Sail Away? That’s a strong accusation that does nothing in your defense other than obscure the issue (whattaboutism 101) and demands evidence lest it be seen as an outright lie. Burden of proof is on the accuser bud.

———

Oh, it was just an example of my deep empathy for those I don’t know. Part of the historical record, in any case. Let’s let BlackDog weigh in before lighting your hair on fire, shall we?

#46 Dolce Vita on 09.06.21 at 2:13 pm

If O’Toole didn’t mess up in the French language debate, he won’t in the English language debates.

Seems he got a small bounce from the French language debate and look which 2 leaders didn’t (arrows by less than subtle me):

Federal Polling:

CPC: 35% (+1)
LPC: 28% (-5)
NDP: 21% (+5)
PPC: 7% (+5)
BQ: 5% (-3)
GPC: 4% (-3)

EKOS / September 4, 2021 / n=1158 / MOE 2.9% / IVR

(% Change With 2019 Federal Election)

https://twitter.com/CanadianPolling/status/1434658899089633280

—————–

The NDP resurgence will cannibalize Lib (lefty) votes; thus, Cons likely up the middle thanks to TikTok.

We’re past the tipping point Garth.

It will be a Con majority.

#47 binky barnes on 09.06.21 at 2:29 pm

Having a leader with integrity still means something to ol’ binky barnes. And I also prefer he/she to be among the smartest people in the room. Therefore, I will not be voting for the PM PM ever again.

I will consider the other candidates.

BB

#48 krm on 09.06.21 at 2:30 pm

These articles don’t get it… They don’t want to fix things. The could easily do that, but that would go against the AGENDA…
It’s all things Order Out Of Chaos…

#49 Faron on 09.06.21 at 2:32 pm

#45 Sail Away on 09.06.21 at 2:11 pm
#39 Faron on 09.06.21 at 1:57 pm
#85 Sara on 09.06.21 at 10:24 am

Well, I wasted a good hour of a beautiful day on this googling the archives looking for a “blackdog” boasting about stepping out on hubby.

All I could find of note (aside from the BlackDog vs. Sail Away dog eating debacle and all of the commenters warning about Sail Away’s trolling) was an instance where Sail Away accused crowdedelevatorfartz of being Blackdog. So, there’s a pattern of Sail Away accusing people of duplicity that didn’t seem to exist.

https://www.greaterfool.ca/2020/03/24/social-distance/#comment-697390

Sara 2, Sail Away 0 (Sara started out with a point as the accused). Seems Sail Away is lying which is… interesting. Sail Away, if it happened, your burden is to show the evidence which shouldn’t be hard because you remember the interaction. BlackDog, as far as I can tell, hasn’t been here in ages.

#50 Damifino on 09.06.21 at 2:33 pm

Jag could surge as the alt choice.
—————————

A chilling thought. Mister TikTok’s ascendancy to King of Canada. Not gonna happen, but still, a theoretical possibility, thus deeply unsettling to contemplate. I’d prefer T2. For me, that’s really saying something.

Re that graph. Has a plurality of voters slowly realized that behind the PM’s preening, posturing and preaching hangs only an empty suit with festive socks?

Has O’Toole has gone from un-electable nerd to the last chance to install adults in Ottawa? One hopes.

#51 Flop… on 09.06.21 at 2:47 pm

#55 Smartalox on 09.05.21 at 8:13 pm

@Flop #1:
Just stopped into the comments section today, for the first time in months, and was surprised to see my post quoted in #1. I’m glad that I could play a small part in your remembrance of your friendship with Boom.
I hope that you are keeping well, Flop. I must admit that I have not been keeping up with the blog very much lately – I still read the front page with regularity, seeking pearls of Garth’s wisdom and perspective, but I’ve given up on the comments section for the most part – and many of the commenters entirely.
Stopping in like this feels a bit like visiting an old work place and seeing the colleagues that I used to sit around with at lunch. The past is remembered fondly, and maybe personal updates are exchanged, but after a few minutes, you leave feeling satisfied that you’ve moved on.
I’ll see you around,
Alex
M47AB (was BC)

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

Smartie, glad you checked in brother.

Yeah, people come and go each year, a few stalwarts remain but there’s been a different vibe on here the last couple of years for sure, but let’s focus on the positive stuff.

Wanna give us an update about life in Edmonton?

Can’t remember when you moved, have you done a winter there yet?

I could live in Calgary from probably May to October, but being from small city Australia I don’t cope well with the white stuff.

Cocaine and Snow, I don’t know what to do with either…

M47BC

#52 NoName on 09.06.21 at 2:52 pm

#42 Flop… on 09.06.21 at 2:07 pm
Real Estate and Politics on Canada’s Number One Coffee Blog?

Don’t do me like that…

M47BC

Visualizing the Largest Coffee Exporters Across the Globe.

Drinking coffee means that you will live longer. So says a host of recent research. Even if the exact cause of increased longevity isn’t caffeine, about 2 out of 3 American adults drink a cup of coffee every day. That means the market for getting a cup o’ joe is absolutely enormous, and we decided to figure out which countries are responsible for supplying most of us with our daily morning ritual.

Top 10 Countries Exporting the Most Coffee.

1. Brazil: $4.6B
2. Vietnam: $3.5B
3. Germany: $2.64B
4. Colombia: $2.58B
5. Switzerland: $2.2B
6. Italy: $1.6B
7. Indonesia: $1.19B
8. Honduras: $1.16B
9. France: $1.07B
10. Belgium: $.94B

https://howmuch.net/articles/world-map-of-coffee-exports

hey flop interesting article, amount of covfefe i consume maybe after all i might push past 55…

I have 3-5 coffes a day, generaly 1-2 tims and 2-3 nesteli instant at home. so the question am i drinking german coffe or is as family all mutt brasilian/hondurasian/vietnamise, coffee.

here are biggest coffee inporters. Germany Italy, France and Belguim in top 10…

https://www.statista.com/statistics/1096400/main-import-countries-for-coffee-worldwide/

and here is a bonus,
New and improved cofee/espresso maker, better than la vidas loca, saeco that i also had, i remember buying it 780cad at home and rural appliances, corner of barton and kenelworth.

https://twitter.com/chrismanfrank/status/1432748610664349699

#53 Faron on 09.06.21 at 2:53 pm

One more on topic of investing then I will really get off of the interwebz. I wanted to get back to Milmech and Dolce Vita.

Dolce: Thanks for the heads up about that covered call product. My understanding is that covered calls are a good strategy when a sector/asset is flat. I could see, if the dividends are more tax favourable than capital gains, then that kind of income would have its place. I don’t know how collecting premium from options strategies counts toward’s one’s taxable income. For long-term holders of a trending asset like the Nasdaq, the covered call writing winds up hindering the performance (QYLD’s annualized has been about 10.5% while Nasdaq has annualized 20%+ albeit with differing drawdowns in each during market turmoil). I assume the fund has to buy to close those calls lest they expire ITM or allow them to exercise them at a loss. Covered call utilities or the banks or some other sector that sees fairly flat performance seems like a better choice. IMO. But, I would guess that the lower volatility there would mean less collectible options premium and thus smaller yield enhancement…

Milmech: It sounds like you have a great system and congratulations on doing so well! It seems like working with 10% of the port has served you fantastically while keeping a safe B+D core. I think Doug mentioned a while ago about keeping 5% of saving to spend on flyer/moonshots, so you have good company. I need to up my standard when it comes to taking notes like you do. Thank you for the reminder and thanks for the discussion. I don’t think I should be giving you advice, but if I were asked, I would say that this current bull run (Mar, ’20 to present) has been a hard environment to lose in. If you hit a point where it feels like you are throwing good money after bad, that might be the time to rethink the strat or become much more conservative.

#54 Sara on 09.06.21 at 2:53 pm

#30 Faron

You stay safe as well.

BTW, I realize I have caused narcissistic injury to SA and he is merely lashing out. It’s pointless to get dragged into the mud with him.

#55 Dolce Vita on 09.06.21 at 2:56 pm

EU Digital Green Pass working well in Italia.

No lockdowns thanks to the Green Pass. Everyone happy. Near 100% compliance which includes “I ‘Pain in the Buttocks’ Turisti”:
——–
The Interior Ministry
@Viminale
7h
Controls #polizia the # 5settembre on the anti # COVID19 . Checks on:

80,479 people, 98 sanctioned, 3 reported; (99.9%)
6,742 businesses / businesses, 22 sanctioned owners, 9 closures. (99.5%)
https://twitter.com/Viminale/status/1434842542512738309
——–
You can’t leave it up to the Provinces Canada. It will be botch job guaranteed.

Are the Provinces & Territories all going to apply to the EU for approval so you can travel in Italia, France, Greece worry free? Access transportation, museums, services, indoor restaurants/bars, gyms, etc.?

A national Cdn Green Pass needed Canada, just like O’Toole is promising (Justin wants to leave it up to the Provinces).

#56 BillyBob on 09.06.21 at 2:56 pm

#49 Faron on 09.06.21 at 2:32 pm
#45 Sail Away on 09.06.21 at 2:11 pm
#39 Faron on 09.06.21 at 1:57 pm
#85 Sara on 09.06.21 at 10:24 am

Well, I wasted a good hour of a beautiful day on this googling the archives looking for a “blackdog” boasting about stepping out on hubby.

All I could find of note (aside from the BlackDog vs. Sail Away dog eating debacle and all of the commenters warning about Sail Away’s trolling) was an instance where Sail Away accused crowdedelevatorfartz of being Blackdog. So, there’s a pattern of Sail Away accusing people of duplicity that didn’t seem to exist.

https://www.greaterfool.ca/2020/03/24/social-distance/#comment-697390

Sara 2, Sail Away 0 (Sara started out with a point as the accused). Seems Sail Away is lying which is… interesting. Sail Away, if it happened, your burden is to show the evidence which shouldn’t be hard because you remember the interaction. BlackDog, as far as I can tell, hasn’t been here in ages.

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

Wowwww.

The descent into total crazy continues. It’s like a direct-to-video mockbuster remake of A Beautiful Mind, where the lead was never too bright to begin with and didn’t actually contribute much to science. A Dollarama John Nash.

Did you write the posts on your wall and join them with strings?

I try to never trivialize genuine mental illness, and when someone readily admits their only goal is to provoke and confront, and views themselves as the Greater Fool Post Detective, well…it’s actually kinda worrisome.

Have you thought of using therapy as a tool to objectively examine this socially aberrant behaviour?

#57 NewWest on 09.06.21 at 2:57 pm

If I were in power right now, looking down the road at the rough beast slouching toward me, bringing inflation, unemployment, an oilpatch in disarray, ongoing pestilence, rapidly increasing debt, a housing market balanced precariously on faith and low interest rates – I’d call an election early, hoping to get voted out of power. Why not let the other guys try to clean up the mess? And once the other guys fail – and they will fail – sweep back into power in four years, and for the next four years blame every failing, crisis, and black swan on the other guys.

It’s worked before.

#58 Bloff Witzer You're in the sitatation cloakroom on 09.06.21 at 3:09 pm

Today’s picture has turned up on twitter. @nycsouthpaw

#59 Steve on 09.06.21 at 3:09 pm

The liberals lost my vote when Justin family decided to move to summer residence once their kids school closed.
With the Ontario Quebec border being closed to us normal people, Justin decides to have a family weekend and post on social media. The rest us can’t visit our family or our properties, but the rules don’t apply to Justin. It seems that rules don’t apply to the liberals in general

#60 Exodus 2020 on 09.06.21 at 3:14 pm

“ The average borrowing is up 20% since last year.”
Garth, the context is that rates are so low that it is a non-issue, more principal is paid off, maybe even with the same or less payment amount per month as compared to the era of lesser debt.

Now if GTA and YVR borrowing are up 40% that would be a concern.

#61 Thailand on 09.06.21 at 3:14 pm

Going Ghost is the rational response, basically Going Galt to starve the Trudeau beast.

Only use automated checkouts and avoid the opposite gender altogether, especially at work, work remotely if you can, this includes not feeding Tinder specimen egos online with “likes” etc.

Stack your cash and work on having your passive/investment income exceed your working income so you can retire asap.

Relocate to other parts of the world where we are still valued and get off the Canadian SJW tax plantation at home.

#62 Dolce Vita on 09.06.21 at 3:16 pm

Dear Jenna:

Take the $500K and do this for your parents:

Research ETNs and find one like I own…

Buy 76,900 shares.
$0.0855 dividend per share.
= about $6,575 per MONTH, $79K per year.

Use that to finance and pay for an extension to your home. Debt for a short while. After that, it’s all gravy.

#63 Penny Henny on 09.06.21 at 3:27 pm

#49 Faron on 09.06.21 at 2:32 pm
#45 Sail Away on 09.06.21 at 2:11 pm
#39 Faron on 09.06.21 at 1:57 pm
#85 Sara on 09.06.21 at 10:24 am

Well, I wasted a good hour of a beautiful day on this googling the archives looking for a “blackdog” boasting about stepping out on hubby.

BlackDog, as far as I can tell, hasn’t been here in ages.

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

Blackdog also used to post as Whitecat

#64 Damifino on 09.06.21 at 3:30 pm

#57 NewWest

I’d call an election early, hoping to get voted out of power.
—————————

Nice theory, but I think it can be discounted considering the size of the ego involved. Truly his father’s son.

#65 Dolce Vita on 09.06.21 at 3:34 pm

Seems Gov Italia well aware that a 90% fully vaxd rate necessary.

Towards that, they are now debating mandatory vaxing in Italia if 90% not achieved.

Let you know how it turns out.

Open this in an Incognito window…
https://www.lastampa.it/topnews/primo-piano/2021/09/06/news/la-variante-delta-allontana-l-immunita-ora-e-necessaria-una-copertura-del-90-1.40670777?ref=LSHAP-A-S6-T1

Open in a normal browser window…
https://www.ilsole24ore.com/art/vaccino-obbligo-tutti-se-non-si-raggiunge-target-90percento-AEoJtgg

#66 Summertime on 09.06.21 at 3:35 pm

Come again here, 1.5 millions, 2.5 millions for a wooden ‘house’ in GTA?

I had to read this twice and then call my doctor to make sure I am fine with my senses.

175 k Euro, perfect all brick house on a Greek island.
Sea front. With solar panels/independent from the electricity grid. Perfect weather.

Spoke with a friend of mine. He/in GTA/ is ‘fine’ with 2 % total salary increase for 2 years /half of it in taxes while inflation of real stuff is in north of 10 %/double digits.

At east we agreed on that.

Apparently he stays there as there are many people from poor parts of Asia who want to live there so he feels superior to them.
Helsinki syndrome all over.

We will speak again pretty soon as inflation ramps up.
Appliances up over 10-15 % in a single month/iron prices increasing.

Salaries frozen. Taxes to only increase.

#67 Summertime on 09.06.21 at 3:42 pm

https://ca.finance.yahoo.com/news/pay-same-less-shrinkflation-masks-081000924.html

Pay the same, get less: How ‘shrinkflation’ masks price increases

No, there is no inflation. Trust the ‘competent’ central bankers. Of course the incompetent idiots lie.

15-20 % yearly inflation of necessities.
For a decade and a half.
Combined with zero rates.

Enjoy.

#68 Millennial Realist on 09.06.21 at 3:55 pm

It looks like you AR-15 dead wrong about the election outcome, Garth.

Here’s an opinion piece in the Toronto Sun, hours old, on O’Toole.

https://torontosun.com/news/election-2021/kinsella-otooles-misfire-will-cost-him-the-election

(Words from Warren Kinsella, perhaps the most surprisingly hateful anti-JT pundit out there today.)

“Here’s the problem, O’Toole folks: You can’t wiggle your way out of this one, as your leader tried to do at the end of the French debate. You can’t say you misspoke, or say you were misquoted. You can’t spin it.

Here’s why.

It’s right in your damn platform, boys and girls. It’s right there, in black and white:

“We will start by repealing C-71 and the May 2020 Order in Council.” The “May 2020 Order in Council” statement sounds innocuous enough — but that’s the cabinet decision that was passed to ban the Ruger Mini that was used in the mass murders in Montreal in 1989 and Nova Scotia in 2020.”

As Kinsella crafts together for the readers a possible Liberal attack ad on this matter, it looks devastating from a PR perspective. Looks clear that people just can’t trust anything the Cons say now. The party seems prepared to go down the Trump path to Texas politics.

“The gun nuts will tweet their usual ungrammatical, misspelled crap about gangs and farmers and freedom and whatnot. But the gun nuts don’t win national political campaigns, do they? They lose them. They’re really, really good at it.”

This will be an attractive reason for the splinter groups like PPC to get more votes, and other Cons to not vote or go Liberal.

Translated into seat counts, the polls still show Liberals
with the best shot at putting together a coalition.

https://338canada.com/#seats

No one else really wants to climb into bed with Erin.

Kinsella is a life-long Liberal strategist, advisor to Liberal PMs and campaigns, plus he worked as a Liberal appointee in the public service. Unlike you, he wasn’t born yesterday. – Garth

#69 Ustabe on 09.06.21 at 3:56 pm

Loads of gatekeeping and purity testing going on these past few days.

I’m surprised, actually, by sturdy conservative men getting all huff, huff, huff over a poster or two. Big Tent and all.

I will mention Sail Away by name tho…no one but me find it odd that when he demands “source” and it is quickly and freely provided he just ghosts? Recall the actual blue water sailor who engaged him, using actual nautical terms, etc. Sail vanished.

Recall he challenged me on the size of the rollers coming into Whiffen Spit off the dogbone between Secretary Island and the Bluffs. I offered video and…vanished.

This list could go on but I’ll stop with this: At least Faron sticks around and defends his positions. He doesn’t make outlandish statements or fling insults and then vanish.

And I will go on record, this comment section took a decided turn for the worse when Sail Away arrived.

What kind of man spits out a “your mamma” joke at the expense of my dead mother and then defends that choice? A prick, is what.

Like Flop, from the other day, I miss Boom, I miss WUL, I miss when we could have a conversation. Hell, even Smoking Man stuck around and defended himself. Mostly.

#70 Doug t on 09.06.21 at 4:02 pm

The masses are LOST – the pandemic has awoken the reality that they are mortal and now they seek shelter and comfort wherever they can find it – FEAR has taken hold of society and the once strong anchor of religion in the west has disappeared and replaced by consumption- fear causes one to act in desperation and it appears society is thriving on it- who cares about tomorrow, SPEND SPEND SPEND like there is no tomorrow because there might not be ……..

#71 Millennial Realist on 09.06.21 at 4:18 pm

Garth,

Re: Kinsella

Always best to read fully, before you speak.

In the same article in the Toronto Sun, Kinsella writes:

” I’m a gun owner who believes, deeply, that Justin Trudeau is the worst prime minister we’ve had in generations. I believe he must, must be defeated.

But thanks to a few short words in the Conservative platform, I’m no longer sure he will be.

Bang bang.”

ICYMI: Cons are toast.

Kinsella is not just a formerly very successful Liberal operative. He’s also incredibly independent in his views, and bows down to no one.

“…big political graves are dug with little shovels. That’s the political reality.”

Keep digging, Erin and all your fans. Keep making noise so your hypocritical idiocy is noticed and broadcast far and wide.

PERFECT.

Kinsella is already engaged in the next Lib leadership. You are so cute. – Garth

#72 UCC on 09.06.21 at 4:20 pm

#47 binky barnes on 09.06.21 at 2:29 pm
Having a leader with integrity still means something to ol’ binky barnes. And I also prefer he/she to be among the smartest people in the room. Therefore, I will not be voting for the PM PM ever again.

I will consider the other candidates.

BB

_________

Oh Binky! You’ve given me some light to help me out of my dark abyss. I have despaired for six long years on how so many Canadian didn’t see the emperor had no clothes. Now you, the keen supporter of PM PM, can change your opinion I’m now hopeful that others will follow.

Thank you BB! My grand children will raise a statue to your virtue.

#73 Bucky on 09.06.21 at 4:23 pm

#4 crowdedelevatorfartz “Trudeau drags out “gun Control” as a major platform initiative again.”

And yet arson goes unpunished. Fascinating platform.

#74 ts on 09.06.21 at 4:26 pm

#6 Devil Anse on 09.06.21 at 12:01 pm

Did you ever consider an alternative service such as Purple Bricks? They charge a flat fee (approx. $2000) and are just as knowledgeable and professional as real estate agents. They sold a home for us for the asking price (which was on the high side) in 2 days.

#75 Smartalox on 09.06.21 at 4:27 pm

@Flop #51:

Edmonton’s been pretty good, all things considered: we moved here in October of ’20, so I did get to experience a proper winter last year – the worst of which consisted of about 10 days with temperatures around -40, but I grew up in Montreal, so I wasn’t worried about the cold and snow.

The locals froze a natural ice rink in the park across the street, so my son and I went skating every night after dinner – he went from only having skated a couple of times in Vancouver to being a confident skater in the space of a few weeks, which was amazing to watch.

As for working remotely from home, my commute was unaffected by the weather, which was nice. My office was nice and bright, with the sun streaming in most days. A marked contrast to gloomy Vancouver.

It hasn’t all been great, though. This June, I lost my remote-work Vancouver job. About 1/3rd of the company got cut. My employer calculated my severance using AB rules instead of BC (due to my new residence) so I ended up with a week less of severance pay (adding insult to injury). Still the Edmonton mortgage is a lot easier to carry while not working than it would be to carry a mortgage in the lower mainland.

My Father died from cancer the same week that I lost my job, so I ended up taking most of the summer off to grieve, help my Mom clear out his belongings, and to build a tree house for my son at our home in Edmonton.

Now I’m starting to look for work, and it’s clear that employers aren’t keen on hiring for remote work. Edmonton is a much smaller market, and despite my skills and experience being in high demand by employers across Canada and the US, the prospect of working remotely has been a sticking point in interviews. I don’t know why I’d have to sit in an office in Markham, just so I can listen in to conference calls with a head office in North Carolina; seems that I could make that call and crunch those numbers just fine from my office in Edmonton, but whatever.

After this last layoff, I’m looking at leveraging my skills and experience and do some consulting. I’m working on booking a couple of gigs in southern California during the cold months, which would make for a nice (and fairly lucrative) getaway.

But yeah, on the whole, the move to Edmonton has been a good one. I miss the friends that we had in the lower mainland, but not the environment, or the culture.

More and more, my wife and I felt that as a working family, we were no longer in Vancouver’s ‘target demographic’.

By the time we left, we found that visits to places like West 4th or Granville island felt like traveling to a different country – some place where we just didn’t fit in with the locals. We don’t feel that way in Edmonton.

Be well, Flop, and I’ll pop in every now and again to see how you’re holding up in the comments section. Next time I’ll be sure to wear my chest waders – and a mask.

A.
M47AB (was BC)

#76 TurnerNation on 09.06.21 at 4:44 pm

Blog entry says: “Covid is divisive”
Let me run that thought the TN New System Translator.
“The New World Order is divisive” ;-) Sure is.

– Almost back to normal! Soon. See ya in 2022-23.

.Brazil-Argentina match suspended as health officials storm field to confront Argentine players over COVID protocols (cbssports.com)

.Parents’ fury as schools reintroduce bubbles, face masks and self-isolation for healthy children (telegraph.co.uk)

—-

Uh Dolce your numbers??
(From tnc.news)

“If someone who has tested positive for COVID-19 commits suicide, the Ontario Ministry of Health will record their cause of death as COVID-19.

As of Sunday, December 13, Public Health Ontario counted 140,181 cumulative cases of COVID-19, and 3,949 deaths.

“As a result of how data is recorded by health units into public health information databases, the ministry is not able to accurately separate how many people died directly because of COVID versus those who died with a COVID infection,” Ontario Ministry of Health Senior Communications Advisor Anna Miller said to True North in an email.

“A death that occurs in an active case of COVID-19 is counted as a COVID-19 death.”

This information confirms what the Toronto Public Health Twitter account tweeted back in June 2020: “Individuals who have died with COVID-19, but not as a result of COVID-19 are included in the case counts for COVID-19 deaths in Toronto.”

(^ that Toronto Health Tweet is here https://twitter.com/topublichealth/status/1275888390060285967?lang=en )

#77 News from sweet Italian life on 09.06.21 at 4:54 pm

DELETED (Anti-vax)

#78 NewWest on 09.06.21 at 5:09 pm

#64 Damifino on 09.06.21 at 3:30 pm

Nice theory, but I think it can be discounted considering the size of the ego involved. Truly his father’s son.

—————————–

Whatever you may think of PET, JT’s father was an able politician, and knew when to leave – in 1984 he announced that he would not lead the Liberals in the next federal election, held on September 4, 1984. The Tories under Brian Mulroney won the election with the largest number of seats in history, 211.

In 1993, after two terms, the Tories suffered a spectacular loss in the election, retaining only two seats in the House. And the Liberals were handily back in power under Jean Chretien.

There are reasons that the Liberals are called the “Natural Governing Party”. Yes, there is ego, but that is true of all politicians. The Liberals, on the whole, know how to plan, and when to leave.

And no, I don’t vote Liberal. I just enjoy the game of Canadian Politics.

#79 Albertaguy in AB on 09.06.21 at 5:15 pm

Baton down the hatches Garth, Larry on his way…

http://www.tropicalstormrisk.com/tracker/dynamic/202112N.html

#80 canuck on 09.06.21 at 5:24 pm

Kinsella is a life-long Liberal strategist, advisor to Liberal PMs and campaigns, plus he worked as a Liberal appointee in the public service. Unlike you, he wasn’t born yesterday. – Garth
___________________________________________

Let’s not forget he was hired by a lawyer who is a member of the CPC to smear Bernier & the PPC and is being sued for defamation by Bernier which is still before the courts. Yet another reason not to vote for a party that is morally bankrupt.

#81 fishman on 09.06.21 at 5:24 pm

Ustabe: Using actual nautical terms? An expert no doubt. Whats he doing on here? The comments section is for those of us with a little bit of knowledge about a lot or a lot of knowledge about very little. Thats why I hardly ever comment about nautical stuff. After closing in on nearly 90 thousand hours of logged seatime ; mostly offshore commercial fishing captain I know a lot about a vast subject. I wouldn’t know where to start. I do remember something about Sail Away crossing the Pacific. Seemed pretty credible. Why don’t we all just continue commenting about stuff we aren’t experts at. Like playing beer league hockey with a no slap shots, no checking rule. Lots more fun.

#82 Flop… on 09.06.21 at 5:56 pm

#75 Smartalox on 09.06.21 at 4:27 pm
@Flop #51:
Edmonton’s been pretty good, all things considered: we moved here in October of ’20, so I did get to experience a proper winter last year – the worst of which consisted of about 10 days with temperatures around -40, but I grew up in Montreal, so I wasn’t worried about the cold and snow.
The locals froze a natural ice rink in the park across the street, so my son and I went skating every night after dinner – he went from only having skated a couple of times in Vancouver to being a confident skater in the space of a few weeks, which was amazing to watch.
As for working remotely from home, my commute was unaffected by the weather, which was nice. My office was nice and bright, with the sun streaming in most days. A marked contrast to gloomy Vancouver.
It hasn’t all been great, though. This June, I lost my remote-work Vancouver job. About 1/3rd of the company got cut. My employer calculated my severance using AB rules instead of BC (due to my new residence) so I ended up with a week less of severance pay (adding insult to injury). Still the Edmonton mortgage is a lot easier to carry while not working than it would be to carry a mortgage in the lower mainland.
My Father died from cancer the same week that I lost my job, so I ended up taking most of the summer off to grieve, help my Mom clear out his belongings, and to build a tree house for my son at our home in Edmonton.
Now I’m starting to look for work, and it’s clear that employers aren’t keen on hiring for remote work. Edmonton is a much smaller market, and despite my skills and experience being in high demand by employers across Canada and the US, the prospect of working remotely has been a sticking point in interviews. I don’t know why I’d have to sit in an office in Markham, just so I can listen in to conference calls with a head office in North Carolina; seems that I could make that call and crunch those numbers just fine from my office in Edmonton, but whatever.
After this last layoff, I’m looking at leveraging my skills and experience and do some consulting. I’m working on booking a couple of gigs in southern California during the cold months, which would make for a nice (and fairly lucrative) getaway.
But yeah, on the whole, the move to Edmonton has been a good one. I miss the friends that we had in the lower mainland, but not the environment, or the culture.
More and more, my wife and I felt that as a working family, we were no longer in Vancouver’s ‘target demographic’.
By the time we left, we found that visits to places like West 4th or Granville island felt like traveling to a different country – some place where we just didn’t fit in with the locals. We don’t feel that way in Edmonton.
Be well, Flop, and I’ll pop in every now and again to see how you’re holding up in the comments section. Next time I’ll be sure to wear my chest waders – and a mask.
A.
M47AB (was BC)

—————————————————————————-

Well Smartie, I said let’s focus on the positive and give an Edmonton update but you kept it real, and for that I’m grateful.

As painful as it was to read your post with the heartache and the rawness of life, this is the type of post I don’t mind sharing with 10,000 lurkers looking in because life can be messy some of the stuff like getting laid off after going remote was one of Garths warnings in some of his posts.

Your post will do someone a service.

Sorry to hear about your Dad, it’s a pity after coming up with a plan and executing it, you and your family didn’t get a bit more of a honeymoon period on the new chapter in life.

Vancouver for me is just a base, there is no romance going on between the city and I.

You probably might know, but if you don’t I’ll tell you what I had to do to try and protect myself, after being self-employeed for decades I applied and got a b-grade government job, my wife already had one.

I haven’t passed probation yet, but people were using Covid-19 as an excuse to pay slow and cancel jobs at the last minute, I felt exposed and vulnerable so I thought I’d try something with a bit more security.

Time will tell if this was a prudent decision.

No camping this summer, haven’t had a holiday since Xmas 2019, just enforced savings, financial consolidation after a injury riddled period for most of my 40’s, I won’t catch back up, but hopefully my dark period abates for a while and I sincerely hope that sooner, rather than later, the clouds in your life clear and you have a sustained period of success.

Either that or just sit in the treehouse with your son and shrug your shoulders and be grateful for the small things in life.

Peace, Flop…

M47BC

#83 KLNR on 09.06.21 at 6:12 pm

@#69 Ustabe on 09.06.21 at 3:56 pm
Loads of gatekeeping and purity testing going on these past few days.

I’m surprised, actually, by sturdy conservative men getting all huff, huff, huff over a poster or two. Big Tent and all.

I will mention Sail Away by name tho…no one but me find it odd that when he demands “source” and it is quickly and freely provided he just ghosts? Recall the actual blue water sailor who engaged him, using actual nautical terms, etc. Sail vanished.

Recall he challenged me on the size of the rollers coming into Whiffen Spit off the dogbone between Secretary Island and the Bluffs. I offered video and…vanished.

This list could go on but I’ll stop with this: At least Faron sticks around and defends his positions. He doesn’t make outlandish statements or fling insults and then vanish.

And I will go on record, this comment section took a decided turn for the worse when Sail Away arrived.

What kind of man spits out a “your mamma” joke at the expense of my dead mother and then defends that choice? A prick, is what.

Like Flop, from the other day, I miss Boom, I miss WUL, I miss when we could have a conversation. Hell, even Smoking Man stuck around and defended himself. Mostly.

the guy is a troll.
just don’t engage.

#84 Nonplused on 09.06.21 at 6:17 pm

#26 Jib Halyard on 09.06.21 at 1:09 pm
Any party that promises to end the capital gains tax holiday for homeowners and offset it with a cut in income tax would instantly get my vote.

————————————-

What “capital gains tax holiday”? Saying it is a “holiday” would imply that the normal state is to tax it, and calling a house “capital” is a stretch seeing as how it it usually an expense not a revenue generating asset.

#85 crossbordershopper on 09.06.21 at 6:18 pm

i think the lady should focus in on her family, you can bring in your elderly parents into your home, sure maybe it might be tight, but they will pass away in a few years, its important with these troubled times that people spend more time with there family.
dont get stressed out, your income is wonderfull, and i dnot understand why people want a big home and all. homes today are much bigger than they were 70 years ago after the war, and families now are generally smaller. people have too much space.
my walk in closet is the same as my dads room when he was a kid, or so he said, without the shelving.
family is the key, you will eventually get the money, your parents want to be comfortable in there old age, you can give them support at your house. just move some stuff around.

#86 Valeri on 09.06.21 at 6:27 pm

I can see a lot of families earning 250k+ in Torono and some have quite some equity (Jane doesn’t have cash but has 1M in her house, how’s that not A LOT of equity???)
Why then you think the situation we’re in is not the new normal? It’s as simple as demand and supply. For my last 8 years in Canada, being very skeptical that the real estate prices are sustainable. Lately though I came to the conclusion that they are since we’re in this situation. I don’t know where the people take the money from, but as my friend told me “I don’t care where real estate goes (up or down) as long as I have a house. And I want to have the biggest house I can afford”… which makes sense, because the biggest house brings you more equity when it goes up.
So let’s finally face the truth we’re trying to ignore on this blog:
1. Houses still bring a lot of equity
2. Nobody cares about the young buyers. You have the money, you buy. You don’t, get a better job or ask for money from Bank of Mom.
3. People are earning more than the statistics are saying. I don’t know a single family that earns less than 180k (except for the helpers of the superintendents in my building).
4. Stop timing the market. Any market. Housing including.

~Val~

#87 Nomad Geezer on 09.06.21 at 6:34 pm

Loooong time reader. First post.
Been homeless since 2017 after selling house in Halifax.
Since then been doing back to back house sits around the world. Then covid attacked politicians brains and they all decided to crash the worlds economy.
Followed Garth advise and stacked ETFs into TFSA.
Following Garth advise again and buying house with cash.
Currently on a sit in Van at Pender and Foundry up on Burnaby Heights. Traveling into Van along Hastings are blocks of peeps on the street shooting up and smoking crack. So sad.
Halloween we return to NS to close on a nice three bed town house in Pictou $64,000 cash no debt.
So far retirement has been a blend of activity and not having to know what day it is.
Happy Labour Day folks.

#88 Nonplused on 09.06.21 at 6:37 pm

#68 Millennial Realist on 09.06.21 at 3:55 pm

“We will start by repealing C-71 and the May 2020 Order in Council.” The “May 2020 Order in Council” statement sounds innocuous enough — but that’s the cabinet decision that was passed to ban the Ruger Mini that was used in the mass murders in Montreal in 1989 and Nova Scotia in 2020.”

Very few people in Canada really care about gun control as a political issue. The dangerous ones that appeal to criminals are already banned, and most of the new laws just keep the honest people honest.

Banning the Ruger mini, which is in essence a hunting rifle very similar to most other deer riffles, is like banning Corollas because one Corolla driver caused an accident.

#89 S.Bby on 09.06.21 at 6:41 pm

#75 Smartalox

There a lot of parallels with me in your post. Wife and I are also seriously considering leaving the LM for the same reasons. It’s too bad because I was born here but it’s just not worth living here any more. Good luck with your jobs and sorry to hear about your dad.

#90 Howard on 09.06.21 at 6:54 pm

Millennial Realist:

Kinsella’s column was written before O’Toole backtracked on guns. Yeah the flip-flop wasn’t a good look, but it seems to have defused the issue. Also, I’ve found that although Kinsella was a good campaign strategist, he’s not a very good prognosticator (I’ve read his blog for a long time). He’s made many wrong calls over the years and tends to overreact to whatever is trending in the current news cycle. If Trudeau comes at O’Toole about guns during the debate, I expect O’Toole will simply bring up the massive rise in gun crime since Trudeau was elected, so I don’t know if Sock Puppet really wants to go there.

#91 Chris in WPG, MB on 09.06.21 at 6:55 pm

Hi, first time poster here and fairly a-political. Voters should put aside their personal choices when voting this time around. Irrespective of whether you like turbans, twinkly socks, international political partys or weathervanes, choose what is best for the Country and all of its’ citizens. I’m going with PPC on this one. Canada is not a Country worth maintaining or remaining in if its’ citizens very hard won Liberties are any further curtailed.

Every single Max votes gets you closer to four more years of twinkly socks. It confounds me how people will waste their ballot in an important election, thinking they’re making a morally superior choice. Bernier is unhinged. I know him. – Garth

#92 Faron on 09.06.21 at 7:05 pm

#83 KLNR on 09.06.21 at 6:12 pm

@#69 Ustabe on 09.06.21 at 3:56 pm

the guy is a troll.
just don’t engage.

Yep. I forget this. But, it’s easy to once you get a taste or two of the button pushing when he takes it a bit too far and reveals who he really is.

#93 Nonplused on 09.06.21 at 7:06 pm

This will be my covid comment for the month.

Here is an interesting mini-lecture from N. Taleb:

https://www.youtube.com/watch?v=FIc5p79CxDk

(Evidence Based Science & Mistakes in Particularizing the General (Simplified))

The long and the short of it is that knowledge flows up from the specific (individual) to the general (average) but does not flow down from the average to the specific.

Put another way, the average salary in Canada tells you next to nothing about a particular individual’s salary.

To paraphrase:

The main takeaway is that the covid death stats cannot be compared to say automobile or drowning deaths, even though the averages over the whole population might be similar or of the same magnitude. This is because covid occurs in pockets. You are much more likely to catch covid if you have been in close contact with someone who has covid, and thus much more likely to die.

This is not true of automobile accidents. Being in close contact with someone who has been in an automobile accident has little to no effect on your chances of being in a car crash.

Similarly, you don’t see outbreaks of drowning accidents even though they happen regularly. If you hear about someone drowning on the long weekend, alcohol related or not, it does not indicate that you should avoid hot tubs or swimming pools.

But covid “super-spreader” events are real and the odds for the specific people who attend one are much different than the odds for the general population at large. In short, the average is not useful information for something like a virus; who you specifically came in contact with is. This is why contact tracing is a thing for covid, but not automobile accidents, even though the death rates are currently of the same order of magnitude. Covid infections tend to cluster. Automobile accidents do not. The general does not provide information about the specific.

Another way to look at it: Your odds of dying from cancer go up considerably once you have been diagnosed, and the average number of people who die of cancer every year as compared to the general population thus becomes a meaningless stat to you. Oh what you’d give to have the average (general) information apply to you, but now you are in the realm of the specific, with a very different set of stats. And even then, your outcome can be different again from the average of that smaller group.

We are all a statistic of sample size n=1.

#94 Planetgoofy on 09.06.21 at 7:15 pm

LOL
NEW Pole says 82% support wealth taxes and lots more of them… I say pure ignorance indeed…
Did Garth not point out these taxation policies will fail?!

I never voted for our idiot. I didn’t need to see him fail to know that he is a failure.
Speaking of failure’s….Mr. Biden in the biggest f-up in the history of the US of A along with Socks actions of nothing. Both responsible for a massive disaster.
I hear crickets on this blog.
To think back of the MASSIVE waste of time Trump bashing right here.
It is really very telling about how many ignorant people are out there…..There ain’t a hope in hell to avoid the pending disaster out front.

There IS no accountability anymore pls wake up fellow Kanckles.
The government is not to be admired or your friend. Their there to do a job or give them the BOOT!

https://twitter.com/dhookstead/status/1431225824099848192?ref_src=twsrc%5Etfw%7Ctwcamp%5Etwee

Reprint
“Trump wanted the US out of the country. The US sat down with representatives of the Taliban in something called the Doha Agreement (see link below) . Trump wanted all Americans out of the country by May 1, 2021 but the CIA and warmongers at the Pentagon dragged their heels.”

https://en.wikipedia.org/wiki/Withdrawal_of_United_States_troops_from_Afghanistan_(2020–2021)

#95 Faron on 09.06.21 at 7:19 pm

#88 Nonplused on 09.06.21 at 6:37 pm

Wow, do you really believe that a semi-auto gun branded as “tactical” with a pistol grip is meant for hunting? AYFKM? It’s marketing meant to spur fantasies in the manchild minds of sturdy conservatives defending their bunker from humans they don’t like. CC: IHCTD9. GROW UP.

https://ruger.com/products/mini14TacticalRifle/specSheets/5888.html

And, dude, gun control isn’t an issue here because Canada doesn’t (yet) have a raging problem with school shootings, concert shootings, university shootings, church shootings, salon shootings etc. get my drift? Nor does Canada have people “standing their ground” and shooting people that they don’t like the looks of (’cause they are brown). If the laws change, there will then be a problem and there will then be an “issue”. Don’t let it become one.

This place boggles the mind.

Dishwasher in, lunch consumed. Time to GTFO.

#96 Smartalox on 09.06.21 at 7:20 pm

Thanks Flop (@82) and S.Bby (@89),

We’ll see if the the local (Edmonton) jobs market picks up a bit after labour day. I’ve seen a couple of local postings that I’ve applied for, come up repeatedly through July and August, makes me think that hiring managers / committees are out of the office for the summer, and the interns just keep hitting ‘refresh’ on the job postings.

The thought of consulting is really beginning to appeal; I have a lot of contacts that could benefit from what I do, but don’t have the resources to hire me full time. To me, the lower mainland is like an orchard, each tree a different company. I used to stand by a specific tree, and wait and wait for the fruit to grow. Isn’t it better to fly in, pick the fruit you want, and leave?

#97 Idiocy on 09.06.21 at 7:21 pm

to comment 62, Dolce Vita

In what ETN would you place the entire amount of $500,000 ?
You mention an ETN, would love to know of that one that you would entrust with that sum.
Please let us know.
Thanks in advance.

#98 DON on 09.06.21 at 7:22 pm

#64 Damifino on 09.06.21 at 3:30 pm
#57 NewWest

I’d call an election early, hoping to get voted out of power.
—————————

Nice theory, but I think it can be discounted considering the size of the ego involved. Truly his father’s son.

*********

Take away the intentional part and it is still a possible outcome. Bizarro world seems to be the norm at the moment.

#99 Drinking on 09.06.21 at 7:23 pm

Who in their right mind would vote for [email protected]??? Seriously it would be a vote against the future generation; count me in as one that cannot wait to vote that little weasel out of office!!!

#100 Nonplused on 09.06.21 at 7:26 pm

And now on to wealth taxes.

According to a reliable source, Norway has a wealth tax of 0.75%, and everybody pays on their “net wealth”. So if you have $1,000,000 saved for retirement, you pay $7,500 a year in “wealth taxes”. Pretty simple, eh?

And now for the unintended consequences. Norwegians actively seek to keep their net worth as low as possible by either spending the money or borrowing. This is fueling their housing bubble. Why pay $7,500 dollars a year in taxes when you could own a cottage? Turn that $1,000,000, which is now a liability, into a nice vacation home. The first $7,500 in mortgage payments every year is on the house. While you are at it, get a boat too. Just don’t have a positive net worth.

Of course that means hardly anyone is saving for retirement. But don’t worry! The government has socialized that too, so you don’t have to.

In the future, you will own nothing and be happy.

#101 Sail Away on 09.06.21 at 7:31 pm

#81 fishman on 09.06.21 at 5:24 pm

Ustabe: Using actual nautical terms? An expert no doubt. Whats he doing on here? The comments section is for those of us with a little bit of knowledge about a lot or a lot of knowledge about very little. Thats why I hardly ever comment about nautical stuff. After closing in on nearly 90 thousand hours of logged seatime ; mostly offshore commercial fishing captain I know a lot about a vast subject. I wouldn’t know where to start. I do remember something about Sail Away crossing the Pacific. Seemed pretty credible.

———-

Yes, I did indeed sail from BC to San Francisco, then on to Hawaii in 2014. Spent a few months cruising the islands with the family, they flew home and I singlehanded to Ucluelet. 11 days to SF, 26 days to Hawaii, 31 days return. 7,000 n.m. or so. Lots more time sailing the west coast. Fantastic.

Not sure about U’s agenda.

The sad truth is that I do indeed need to vanish now for several weeks, since my calling is now, you know, calling. Luckily my sturdy conservative vote has been cast and I venture forth contented.

To eager squire Faron: I wish you courage and fortitude in your quest. Someday you may find peace. Godspeed.

Au revoir and adios!

#102 Damifino on 09.06.21 at 7:39 pm

#78 NewWest

I don’t deny P.E.T. was a capable politician. When I compared son to father I was speaking mostly of the irritating tendency to self aggrandize and preen about. In most other respects, T2 is more like his mom.

But that aside, your theory suggests there might an overall Liberal strategy at play that supersedes that of the Prime Minister himself. That is what I doubt. It may have been true at one time but I can’t see T2 purposely giving it all away just to spend a little down time on the opposite side of the house.

A massive ego prevents that. That coupled with the fact he currently is (or maybe we can soon say, “was”) the Liberal Party. After he achieves his second minority (or worse, outright loses) the party will likely decide he is not the party after all and find a better leader. Perhaps one chosen by merit rather than ascendant by pedigree.

I’ve certainly heard the Liberals referred to as the “natural governing party” of Canada. I’ve never liked the word natural in that context since it implies there’s something correct or even “ordained” about it.

I’ll agree, though, they are the “usual” governing party until they go off the rails and need a good spanking. I think one of those is coming up, one way or another. And I don’t think the boy will take it well.

#103 Ponzius Pilatus on 09.06.21 at 7:42 pm

#63 Penny Henny on 09.06.21 at 3:27 pm
#49 Faron on 09.06.21 at 2:32 pm
#45 Sail Away on 09.06.21 at 2:11 pm
#39 Faron on 09.06.21 at 1:57 pm
#85 Sara on 09.06.21 at 10:24 am

Well, I wasted a good hour of a beautiful day on this googling the archives looking for a “blackdog” boasting about stepping out on hubby.

BlackDog, as far as I can tell, hasn’t been here in ages.

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

Blackdog also used to post as Whitecat
—————
That’s why I follow the steerage section:
To glean useful information, without which my life would be empty and meaningless.

#104 North snore on 09.06.21 at 7:50 pm

Squamish, 90% bed. probably 60% commuting to Vancouver

#105 Adrian T on 09.06.21 at 7:58 pm

I’m sorry Garth, but the ineptitude of all these standard candidates, especially OToole this week, has driven me and many friends and family to look seriously at other options.

Half of my extended family and many work colleagues agree that we will vote with integrity, against this whole cowardly parliamentary cabal, and try to make a difference.

We’ll be voting PPC for Max. You can try to make him sound ‘unhinged’, but he’s not even close to the nuttiness of OToole and Trudeau, and don’t even get me started on Singh.

#106 Yukon Elvis on 09.06.21 at 8:08 pm

“Erin O’Toole is a political freight train,” pollster Nik Nanos told BNN Bloomberg Television on Friday morning. “Erin O’Toole is five points up, ahead of Justin Trudeau, going into the long weekend,” Nanos said, adding that conversations at family gatherings will now likely focus on the possibility of a change in government.

https://www.bnnbloomberg.ca/trudeau-tumbles-further-behind-conservative-freight-train-1.1647688

#107 vaxport.1 on 09.06.21 at 8:11 pm

DELETED

#108 Bill on 09.06.21 at 8:24 pm

IMO, Trudeau called an early election because he has been advised of a looming recession/housing collapse and it would be easier for him to deal with both in their early stages than to wait a year or so when it’s staring everyone square in the face and can’t be swept under the rug.

I’ll be glad to see him hit the road.

#109 crowdedelevatorfartz on 09.06.21 at 8:46 pm

@#68 & 71 Millenial realist

Well.
It’s good to know you’ve fallen for the Liberal
“More Gun Control’ is the answer.

A billion dollars already spent on a computer software program that most police agency’s don’t use.

Trude naturally promises another 1.5 billion to solve the problem and then adds he will hand off to the Provinces to create new Laws to “ban handguns from cities”.

Errr sorry.
Cant do that.

And what will be the end result?
Even more illegal guns pouring into this country while legal gun owners ( voters?) are turned into pariahs, or worse, criminals for…..following the current rules.

1.Taking a mandatory 5 day gun safety course.
2. Passing the mandatory RCMP security check ( Criminal record?, ex spouses interviewed, etc etc etc. Then a half hour interview with the police and give the names of two people you have known for more than 10 years who are not immediate relatives for them to be interviewed).
3 Joining a gun club.( mandatory for handgun owners only)
4. Applying to renew your gun license every 5 years and if there are any criminal offences involving violence the license is denied or if you have become recently divorced).

Does anyone really think gun crime will be reduced if even stricter Laws are implemented.
The vast majority of urban gang crimes involving guns are committed with illegal guns by people without gun licenses.

The nutbar from Nova Scotia illegally obtained his guns.

Anyone beginning to see a recurring theme?

But no.
All Trudeau has to do is stand in front of a cardboard cut out of a Military assault rifle (… which are already illegal in Canada….) and declare “he’s against assault style guns” and everyone stands up and claps “hurray!”

News flash folks.
Gun crime is on the rise because Canada doesnt jail criminals.
Over the past few weeks/months/ years police in the Lower mainland have pulled over “known gang members” and searched their cars.

Drugs, cash, loaded handguns……and they are out the same day awaiting a trial that may or may not happen years down the road.
Convictions?
Good luck.

Its a joke and its getting worse.

Lets pass more gun Laws.
That’ll help.
As gun crime gets worse after 5 years of Trudeaus “do nothing but speechify”

Pathetic but you sheeple lap it up.

Yeesh.

#110 Adam on 09.06.21 at 8:46 pm

Two things:

First, NS voters turfed the Liverals because of the whiplash from schools closing and reopening at the end of the 2020-2021 school year. The public completely lost confidence in this guy as a leader who could make reasonable decisions. It had virtually nothing to do with the old DUI the media kept pretending was a massive deal.

Second, you’re right, people are pissed off with the a lot of the current situations and, with the Libs being in charge, they are (rightfully) the ones to blame. I don’t know who’s going to “fix” house prices, but you can be damn well sure the Cs aren’t going to be the ones to implement policies that negatively affect homeowners “equity”. Guess where that leaves us?

#111 Barb on 09.06.21 at 8:54 pm

#105
“We’ll be voting PPC for Max.”
—————————–
Why don’t people “get” this?
You’ll simply bring T2 back.

Idealogy be damned. THIMK!

#112 Planetgoofy on 09.06.21 at 9:01 pm

#105 Adrian T on 09.06.21 at 7:58 pm
—————‘
I totally get ya….but ya might as well vote for TocTok.
I know their platforms (btw when their in, are irrelavent) monitary policy bla bla.
But first order of biz is shut down socks.
Take it from someone that does not need more money. I dont give a rats but my kids and their friends need a future. I cant bail them all out.
Its unfortunately a stratigic vote.
Best to you..

#113 Planetgoofy on 09.06.21 at 9:14 pm

#105 Adrian T on 09.06.21 at 7:58 pm
—————‘
I totally get ya….but ya might as well vote for TocTok.
I know their platforms (btw when their in, are irrelavent) monitary policy bla bla.
But first order of biz is shut down socks.
Take it from someone that does not need more money. He inflated my stuff to the moon and i didnt need it… I dont give a rats about me im good but my kids and their friends need a future. I cant bail them all out.
Its unfortunately a vote that is for the candidate that you hate the least that beats bone head…btw i called T2s office and emailed many times to have a chat….no one home. Hes a hidder because he has to…hes not even a real boy.
Best to you..

#114 Billy Buoy on 09.06.21 at 9:28 pm

There is only one option to fix the current situation and no one will do it.

Whoever gets in better be ready for a world of hurt.

Hope it’s worth it for the short term ego burst and pension.

#115 NewWest on 09.06.21 at 9:32 pm

#102 Damifino on 09.06.21 at 7:39 pm

Damifino, you might find this interesting. Here’s a recent article explaining why that phrase came about to describe the Liberals and their place in the pecking order of Canadian politics:

https://www.theglobeandmail.com/opinion/article-the-conservative-dilemma-the-liberals-are-still-the-natural-governing/

One thing that I think will drive voting in this election is that GenXers and Millennials, who voted for JT in the last election in droves, are very disillusioned with the Liberals around housing (no surprise).

I think many of them will switch their vote to the PCs, seeing this as a one-issue election. They will find that the Tories won’t do much better, as there really isn’t much any government can do to fix real estate at this point. And if the BoC does start to raise rates in 2022 – a big if, and one of the few fixes I can see to start to turn the real estate Titanic around – the government in power will be toast. If it is the PCs, expect them to circle the wagons and start shooting inward, as my Saskatchewan farmer FIL used to say. That’s what they do when under duress.

#116 Ponzius Pilatus on 09.06.21 at 9:33 pm

#105
Half of my extended family and many work colleagues agree that we will vote with integrity, against this whole cowardly parliamentary cabal, and try to make a difference
We will vote for Max.
—————–
I call BS on your story.
How many employees are in “your company”?
Just you?
Good try pulling a Sailo.
Well, the Goofy guy fell for it.
Not suprising.

#117 the Jaguar on 09.06.21 at 9:38 pm

As I read Fishman’s excellent contribution to todays blog, it reminded me that he had attended UBC at the same time as Bill Wilson, Jody Wilson Raybould’s dad. At least I think that recollection is accurate. That reminded me of JWR and her book release which is scheduled for Sept. 15th, after this weeks english debate. Of course there is nothing stopping her from engaging in an interview or two in advance of the release. Usually there is a carefully timed sequence of events, press interviews, etc with a book release. But JWR is no ordinary author. She’s the future first Prime Minister of Canada. And she is playing the long game, which is always the smart play. So, she could step out of’ book protoco’l this week if she felt the urge to do so. Time is on her side. Guess we’ll see…
I can vote in the advance polls this week on friday, September 10th. I’ll be doing that and casting a Conservative Party vote. Amen.

I know nothing of things ‘Nautical’. If I did it might include a Ranger Tug which would be parked somewhere near Riondel in the BC interior. Only daylight sailings for the Jaguar. Being anywhere near a body of water after dark is terrifying.

#118 PastThePeak on 09.06.21 at 9:39 pm

#41 Nonplused on 09.06.21 at 2:04 pm
……

And the voters have only themselves to blame. We live in a society where a noisy minority with extreme influence wants a pay check without working, energy without generation, food without farming, services without paying for them, houses without building them, debt without payments, and expect some other magical group like unicorns or “the rich” will pay for it all. It is going to end badly. This election is just one more stop to take on passengers on the way to hell.
++++++++++++++++++++

Truer words have never been said…

#119 crowdedelevatorfartz on 09.06.21 at 9:42 pm

A wasted vote is a wasted vote.
Vote for Bernier and watch you participation become meaningless.

I’m in a Liberal riding where the Liberal incumbent is behind in the polls with the NDP challenger.

The Conservative doesnt stand a chance.

I donated $250 to the Con and will hold my nose and vote NDP because I want Trudeau gone gone gone.

#120 Planetgoofy on 09.06.21 at 9:48 pm

AND THATs what happens when you in the hot tub drinking wine using you FON.

#48 krm on 09.06.21 at 2:30 pm
———————————
To say that Politicians are opportunistic is a massive understatement.
Its about power now not about the people.
Here’s a clue ….when you F up like I do, admit you did…
These idiots haven’t figured that out. ITS CYA for 6 long years.
Ive said it a million times…. I would not let T2 run my lemonade stand.
Preferable with a hit of vodka if I’m pouring.

#121 Shawn Allen on 09.06.21 at 9:54 pm

Where does that leave WHO/

Adam at 110 said:

I don’t know who’s going to “fix” house prices, but you can be damn well sure the Cs aren’t going to be the ones to implement policies that negatively affect homeowners “equity”. Guess where that leaves us?

***********************************
I’m thinking you don’t mean “us” home owners – who are in the majority and certainly the majority of voters.

Do you mean “you” non-home owners?

What’s this “us”? Look behind you, the voting crowd is not with you. Not yet at least. Maybe by next election young people and/ or non-home owners will be a bigger political force.

Canadians are not some giant unified economic team. Instead it’s more like every man (and woman) for himself (or herself).

#122 Mrs. Fool on 09.06.21 at 10:07 pm

I hope the plot is correct Garth; I’ll keep my fingers crossed the CPC won’t screw it in the coming days. The Liberal party has done enough damage to the country, they must go. In my little polling survey, I still have to come across to someone planning to vote Liberal, even my woke coworker is distancing from this goverment.

@#1 Flop
I can’t believe it has been five years of Boom passing. A kind soul worth remembering and emulating. Thank you for writing about.

@#75 Smartalox
I’m sorry for your loss and the struggles you and your family are going through. Hope all this pass soon and life smiles again for you.

Like Ustabe, I miss the blog dogs who used to post interesting comments and point of views. To the trolls kidnapping the coments section, I wish you could show at least respect to our host. I can scroll your comments, but Garth has to read them.

F37QC

#123 Doug t on 09.06.21 at 10:12 pm

#41 nonplused

BINGO – winner winner chicken dinner

#124 Planetgoofy on 09.06.21 at 10:32 pm

#41 Nonplused on 09.06.21 at 2:04 pm
———————————————
ABSOLUTLEY thanks for that…..
We are so there its sickening.
Everyone has a boohoo and they want others to pay for it.
Signing off I’ve got a pile of wines down the hatch.

#125 vaxport.1 on 09.06.21 at 10:33 pm

If CBC is carrying this story probably alright to post here? Maybe TN already did this but I just happened to come across it.

This issue is sure dividing the country – more so than the elections.

Refreshing to see that reporters did a decent job interviewing attendees and asking reasons for being there.

****************************************
Thousands protest vaccine passports outside hospitals across B.C.

https://youtu.be/O7iVgLzjVdc

#126 When fools rush in on 09.06.21 at 10:43 pm

#6 Devil Anse on 09.06.21 at 12:01 pm
“When I crunched the numbers and factor in Toronto’s double land transfer tax, realtor fees, lawyers, etc… That feels like a lot of equity out the door for us.”

____________________________

Real estate transaction fees are the reason I won’t move. It boggles the mind how house prices have doubled in ten years, but realtor commissions are still at 5%. Are Realtors doing twice as much work?

Like Jane, I own a $1.5M house (mortgage free), but the $125K or so I would be paying in transaction costs for trading up is obscene. The system is truly broken – and I want nothing to do with it.

________________________________________

Forgive me if I refer to you as “fools” but why do you feel you need to pay anything to sell your house. I’ve sold 3 houses in the past decade with no sales commission. When you buy, you can negotiate a deal as well since there are no commissions on your side of the transaction. Costs will literally be a few thousand dollars.

Hey, but it is your money. Give it away as you see fit.

#127 Nonplused on 09.06.21 at 10:59 pm

#95 Faron on 09.06.21 at 7:19 pm
#88 Nonplused on 09.06.21 at 6:37 pm

Wow, do you really believe that a semi-auto gun branded as “tactical” with a pistol grip is meant for hunting? AYFKM? It’s marketing meant to spur fantasies in the manchild minds of sturdy conservatives defending their bunker from humans they don’t like. CC: IHCTD9. GROW UP.

https://ruger.com/products/mini14TacticalRifle/specSheets/5888.html

And, dude, gun control isn’t an issue here because Canada doesn’t (yet) have a raging problem with school shootings, concert shootings, university shootings, church shootings, salon shootings etc. get my drift? Nor does Canada have people “standing their ground” and shooting people that they don’t like the looks of (’cause they are brown). If the laws change, there will then be a problem and there will then be an “issue”. Don’t let it become one.

This place boggles the mind.

Dishwasher in, lunch consumed. Time to GTFO.

—————————–

The “tactical” version is already illegal in Canada due to the 20 round capacity clip. Also most “mini-14’s” do not have a pistol grip. Most models are considered deer guns. Certainly the ones available in Canada. Most hunting rifles are semi-automatic. Considered more humane since the hunter has a better chance of getting off a second shot before a wounded animal escapes. But even the semi-automatic guns are limited to 6 rounds in Canada (5 in the clip, one in the chamber).

https://www.ruger.com/products/mini14/overview.html

You can’t declare a 6 round hunting rifle sold in Canada to be the same as a 21 round pistol grip “tactical” gun sold in the US just because they are sold under the same brand name and share many parts.

#128 Bob in Hamilton on 09.06.21 at 11:14 pm

Six years ago when T2 was elected I said on this blog you “get what you vote for”…..

..and here we are in 2021. Do we vote for T2 once again and ensure another abysmal and poor performance by this current government for possibly the next four years?

Or do we hold our nose and vote for the Cons? Not sure about this O’Toole guy…seems squishy with no clear convictions, but do we really have any other choice?

Garth says that Max is a flake(unhinged) as he knows him…so why split the vote with the PPC and ensure continued Liberal dominance with NDP help?

Two weeks out and O’Toole has a chance if we get behind the Cons. I was not going to vote but I will now, even in a riding that the NDP are looking to grab. I was wrong previously to say it did not matter this time around to vote…it does, regardless of what happens nationally I’ll try to help hold this riding for the Cons.

I would like my earlier prediction of a T2 majority win to be proven wrong…

#129 Chris in WPG, MB on 09.06.21 at 11:31 pm

@Garth.

“Every single Max votes gets you closer to four more years of twinkly socks. It confounds me how people will waste their ballot in an important election, thinking they’re making a morally superior choice. Bernier is unhinged. I know him. – Garth”

Bernier unhinged? Perfect! We both know that the real power is never where it appears to be in any case. This is a maxim applicable to any administration or bureaucracy. Politicians are hood ornaments. But, politics is about what is possible, not morals. It is possible that the PPC will win seats, not the election, of course. This entry will likely have significant long term impact. Culture must change before politics does and it won’t overnight.

A few Randy Hilliers scattered across the Country are a reminder, an anchor, as to what Common Rationale is in an arena of unchecked classist elitism at total odds with the everyman. Is Hillier unhinged too? The power structures hate Hillier even though they have a lock on the lawmaking powers (i.e. a monopoly on the threat of force to universally apply their opinions) because they have to let him speak. Hillier was elected by someone who felt their vote wasn’t wasted on him.

#130 Jane24 on 09.07.21 at 1:23 am

Garth you should do a column on the new Digital Nomad programs around the world. These allow someone who works remotely or makes their income digitally to get full residential visas for countries which could be hard to move to and establish yourself in via the traditional way. Some of these immigration programs have min income requirements ( some just 8000 euros a year) and some have strings like buy a house and reno it but others are just walk-in entry. The key is that you don’t take a local job there and you support a failing local economy by spending.

My son works via web based teaching and crypto investing and is currently mulling over Spain, Portugal, Uruguay or Bulgaria for his new life. Although as of last week some regions of Italy also joined the and have sweetened the deal by offering to pay you to move there.

Why work remotely in the Canada winter when you could do the same thing on the stunning Azores islands.

#131 Cdn Expat on 09.07.21 at 1:31 am

Anyone know what happened to Brian Ripley’s house price charts site? chpc.biz seems to be down for at least the past week or so

#132 Leo Trollstoy on 09.07.21 at 1:50 am

”… that puts a big dent in our own family’s financial planning.”

What financial planning?

If you don’t have investment accounts worth more than your primary residence, you did something wrong

#133 When Will They Raise Rates? on 09.07.21 at 2:40 am

#105 Adrian T on 09.06.21 at 7:58 pm

I’m sorry Garth, but the ineptitude of all these standard candidates, especially OToole this week, has driven me and many friends and family to look seriously at other options.

Half of my extended family and many work colleagues agree that we will vote with integrity, against this whole cowardly parliamentary cabal, and try to make a difference.

We’ll be voting PPC for Max. You can try to make him sound ‘unhinged’, but he’s not even close to the nuttiness of OToole and Trudeau, and don’t even get me started on Singh.

—————

I agree, but only do so if you are in an uncompetitive riding… Otherwise vote strategically to finally get rid of this clown!

#134 SoggyShorts on 09.07.21 at 3:53 am

@Jenna and her wrinklies who want to move in:
Sell your place for 500k profit, accept the 500K from the parents, use that 1,000,000 in a portfolio + whatever you were thinking about paying into a 2.5m mortgage to rent a big place and save more.
In 5 years, (maybe a decade?) you can probably downsize

#135 Sail Away on 09.07.21 at 4:00 am

#69 Ustabe on 09.06.21 at 3:56 pm

What kind of man spits out a “your mamma” joke at the expense of my dead mother and then defends that choice? A prick, is what.

———

Oh my. Bitter bitter. And vulgar. That gall will kill you, pal.

And misrepresenty: as I recall, it was a yo momma to Ponzie that you for some strange reason attributed to yourself.

Post it, though, to show what you mean.

#136 Sail Away on 09.07.21 at 4:32 am

#49 Faron on 09.06.21 at 2:32 pm

Well, I wasted a good hour of a beautiful day on this googling the archives looking for a “blackdog” boasting about stepping out on hubby.

Seems Sail Away is lying which is… interesting. Sail Away, if it happened, your burden is to show the evidence which shouldn’t be hard because you remember the interaction.

———

Hmmm… is it possible you may have yet again overestimated your talents? That’s another hour you’ve donated to your obsession with moi.

Here, allow me:

*******

#41 IHCTD9: …it’s gonna be hump city out there over the next few weeks.

#52 Blackdog: Not in my household…gotta go “look for TP” (i.e sneak out to th BF’s place for that). Guys watch your wives.

#101 IHCTD9: That still counts, I guess. I hope hubby gets a “hall pass” too

#115 Blackdog: Absolutely. Unfortunately, he has fewer options…shrug

#137 Jane Finch on 09.07.21 at 5:36 am

Garth. I have the definitive answer. Get government out of the market. Allow rates to adjust naturally. Stop governments from giving away free money. Stop government from rescuing those who can’t afford to buy. Stop every form of QE. Without interference a bottom will quickly replace the swamp gas and a firm Interest rate footing will be established. Some will get washed out, so what. We are witnessing Trudeau putting on a Kabuki play for us, a replay of the Weimar Republic period where everybody couldn’t own a wheelbarrow full of cash and the bakeries eventually closed the doors.

#138 Wrk.dover on 09.07.21 at 6:30 am

#101 Sail Away on 09.06.21 at 7:31 pm
#81 fishman on 09.06.21 at 5:24 pm
vast subject. I wouldn’t know where to start. I do remember something about Sail Away crossing the Pacific. Seemed pretty credible.

———-

Yes, I did indeed sail from BC to San Francisco, then on to Hawaii in 2014. Spent a few months cruising the islands with the family, they flew home and I singlehanded to Ucluelet. 11 days to SF, 26 days to Hawaii, 31 days return. 7,000 n.m. or so. Lots more time sailing the west coast. Fantastic
___________________________

Between the lines it reads: no one would sail home with the rooster!

#139 ImGonnaBeSick on 09.07.21 at 8:18 am

#132 Leo Trollstoy on 09.07.21 at 1:50 am
”… that puts a big dent in our own family’s financial planning.”

What financial planning?

If you don’t have investment accounts worth more than your primary residence, you did something wrong.

—-

Exactly! I’ve said this before, that I find it embarrassing when people include the “value” of their home in their net worth…

#140 Jib Halyard on 09.07.21 at 9:12 am

#84 Nonplused on 09.06.21 at 6:17 pm

What “capital gains tax holiday”? Saying it is a “holiday” would imply that the normal state is to tax it, and calling a house “capital” is a stretch seeing as how it it usually an expense not a revenue generating asset.”

OK, then, it’s not a “holiday”, it’s a free ride. Why should I have to pay capital gains taxes on my stock portfolio? Just because you are using an asset to eliminate an expense rather than generate revenue does not magically make its — massive — appreciation anything other than a capital gain. All of which should be taxed exactly the same. Otherwise, the government is just distorting the market.

#141 Dharma Bum on 09.07.21 at 9:15 am

#23 The Jaguar

“…..Beauty without Vanity,
Strength without Insolence,
Courage without Ferocity,
and all the virtues of Man without his Vices.” -Byron
——————————————————————————

I was beginning to blush…until I realized that you weren’t talking about me.

#142 Dharma Bum on 09.07.21 at 9:28 am

#87 Nomad Geezer

So far retirement has been a blend of activity and not having to know what day it is.
———————————————————————————–

Haha! Congratulations! Ain’t it a great feeling?

That’s what stress relief feels like. Time passes freely amidst a flurry of non-urgent activities, as you realize that the days of the week are merely a construct.

When schedules and deadlines disappear, so does stress.

That is one of the gems and true pleasures of retirement.

#143 crowdedelevatorfartz on 09.07.21 at 9:30 am

Gravel tossed at the PM.

Very angry crowds out there.

2 more weeks to go.

The PPC mob of whackadoodle anti-vaxers may garner sympathy for Trudeau and allow him to posture as courageous. Seems consistent with their unhinged leader. – Garth

#144 Sara on 09.07.21 at 10:01 am

#140 Jib Halyard on 09.07.21 at 9:12 am
#84 Nonplused on 09.06.21 at 6:17 pm

What “capital gains tax holiday”? Saying it is a “holiday” would imply that the normal state is to tax it, and calling a house “capital” is a stretch seeing as how it it usually an expense not a revenue generating asset.”

OK, then, it’s not a “holiday”, it’s a free ride. Why should I have to pay capital gains taxes on my stock portfolio? Just because you are using an asset to eliminate an expense rather than generate revenue does not magically make its — massive — appreciation anything other than a capital gain. All of which should be taxed exactly the same. Otherwise, the government is just distorting the market.
===============

Agreed.

#145 Sara on 09.07.21 at 10:11 am

#136 Sail Away on 09.07.21 at 4:32 am
#49 Faron on 09.06.21 at 2:32 pm

Well, I wasted a good hour of a beautiful day on this googling the archives looking for a “blackdog” boasting about stepping out on hubby.

Seems Sail Away is lying which is… interesting. Sail Away, if it happened, your burden is to show the evidence which shouldn’t be hard because you remember the interaction.

———

Hmmm… is it possible you may have yet again overestimated your talents? That’s another hour you’ve donated to your obsession with moi.

Here, allow me:

*******

#41 IHCTD9: …it’s gonna be hump city out there over the next few weeks.

#52 Blackdog: Not in my household…gotta go “look for TP” (i.e sneak out to th BF’s place for that). Guys watch your wives.

#101 IHCTD9: That still counts, I guess. I hope hubby gets a “hall pass” too

#115 Blackdog: Absolutely. Unfortunately, he has fewer options…shrug

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

Ha Ha!

Still upset with my comments of late I see. How long did it take for you to dig that up?

Sounds like this “Blackdog” character has a somewhat non-traditional marriage.

Whatever floats your boat eh SA?

#146 Sara on 09.07.21 at 10:27 am

#143 crowdedelevatorfartz on 09.07.21 at 9:30 am
Gravel tossed at the PM.

Very angry crowds out there.

2 more weeks to go.

The PPC mob of whackadoodle anti-vaxers may garner sympathy for Trudeau and allow him to posture as courageous. Seems consistent with their unhinged leader. – Garth
==============

I agree with Garth. The anti-vax mobs aren’t making JT look bad.

#147 Ponzius Pilatus on 09.07.21 at 10:56 am

#143 crowdedelevatorfartz on 09.07.21 at 9:30 am
Gravel tossed at the PM.

Very angry crowds out there.

2 more weeks to go.

The PPC mob of whackadoodle anti-vaxers may garner sympathy for Trudeau and allow him to posture as courageous. Seems consistent with their unhinged leader. – Garth
—————————
Gravel? I thought it was rocks.
Garth is right.
All JT has to do is show up carrying a cross at the next rally, and he’s got a landslide.

#148 crowdedelevatorfartz on 09.07.21 at 11:01 am

“The PPC mob of whackadoodle anti-vaxers may garner sympathy for Trudeau and allow him to posture as courageous.”

+++++

Yeah.
O’Toole needs to be more vocal about how unacceptable the rabid “mob mentality” is….

Trudeau seems to be trying to insinuate it’s Conservative voters in the crowd.

I look at them as uneducated , pathetic, loser, trailer trash for the most part.

But if Trudeau can make the “conservative” label stick it may save him a few seats.
Anything for re-election and a seat on the Throne.

#149 mike from mtl on 09.07.21 at 11:05 am

Yeah no media bias here; protest against the narrative – get labelled anti-vaxxer, trash storefronts, loot, physical fights and arrests – ‘peaceful’ protest. Got it.

For sure in a crowd there’s always a group that takes it too far, a sports game can easily end up a full on riot. If it truly was all so called anti-vaxxers they naturally be swarming the Cons since they’re not much different than the Libs on that ‘trigger’.

Pretty sure T2 wants to duck out since cleaning up the debt, helicopter money is going to stop and more generally the public is fed-up with the virus response. Another lockdown would push quite a few over the edge couple that with a housing bust oh man.

#150 Dr V on 09.07.21 at 11:15 am

127 nonplused – thank you for your reasoned explanation to Faron. He hates that.

Disclosure – not a gun owner.

#151 Planetgoofy on 09.07.21 at 11:19 am

It going to be another fine day!!!
Karma
https://www.bnnbloomberg.ca/trudeau-tumbles-further-behind-conservative-freight-train-1.1647688

#152 Jesse on 09.07.21 at 11:30 am

#105 Adrian T on 09.06.21 at 7:58 pm
I’m sorry Garth, but the ineptitude of all these standard candidates, especially OToole this week, has driven me and many friends and family to look seriously at other options.

Half of my extended family and many work colleagues agree that we will vote with integrity, against this whole cowardly parliamentary cabal, and try to make a difference.

We’ll be voting PPC for Max. You can try to make him sound ‘unhinged’, but he’s not even close to the nuttiness of OToole and Trudeau, and don’t even get me started on Singh.
*************************

Congratulations on voting for T2!

#153 Quintilian on 09.07.21 at 11:39 am

RE:
The anti-vax mobs:

It may be true that the mob is on the far right, but as the saying goes:

Birds of a feather tend to flock together.
Conservatives tend to attract these types.

Maybe you didn’t notice – they disavow the Conservatives. But nice smear. – Garth

#154 Faron on 09.07.21 at 11:41 am

#145 Sara on 09.07.21 at 10:11 am

Well, now we know what Sail Away’s “calling” is. LOL.

But thanks for the google fodder Sail Away! Found it. Still 2 to 0 as there’s no evidence linking this to Sara and even if there is, as she points out, with an “arrangement” there would be no transgression. Probably time to close the case unless you have IPs and proof that blackdog did anything wrong.

Also found this gem:

#259 Sail away on 03.17.20 at 12:49 pm

“It’s not a real pandemic and it’s not a threat.”

Didn’t age well, did it Sail Away? Interesting that you stripped off the time and date stamps from your quotes. I’m guessing to keep others from stumbling onto bad take after bad take from you?

Regardless, thanks for the trip down memory lane and the reminder of the COVID minimizing nonsense that helped define my antagonistic stance against a large portion of the commenters here. NTM our host Garth. At least he has since shown the wisdom to steer his rhetorical ship onto a new course. You seem hell bent on steering yourse toward the edge of the flat earth you dwell on.

Now get back to that “calling” of yours.

#155 Faron on 09.07.21 at 12:01 pm

#150 Dr V on 09.07.21 at 11:15 am
127 nonplused – thank you for your reasoned explanation to Faron. He hates that.

No, I welcome reasoned discussion. Unfortunately nonplused’s is naive, not well reasoned which is common for him.

Here: nonplused states that the gun isn’t sold because of its 20 round clip. It’s actually not sold because mini 14s are banned for their role in previous mass shootings as Millennial Realist notes. Nonplused also failed to recognize that nothing would stop Ruger from selling a banana clip with reduced capacity to get around any 20 round reg. The banana clip’s sole presence is to give the man-boys wet dreams about militaristic triumph. Doesn’t matter that a low capacity banana clip doesn’t make any practical sense. They just want to sell guns to suckers.

I get that a small calibre, semi-auto rifle is a useful rodent gun with a role on a farm. But, it’s also been shown to be a useful human killer. Seems like striking the balance away from human killing is a good idea? Call me crazy. But, sorry, I know wanting to avoid mass shootings is wokeism…

#156 Nonplused on 09.07.21 at 12:09 pm

#144 Sara on 09.07.21 at 10:01 am
#140 Jib Halyard on 09.07.21 at 9:12 am
#84 Nonplused on 09.06.21 at 6:17 pm

What “capital gains tax holiday”? Saying it is a “holiday” would imply that the normal state is to tax it, and calling a house “capital” is a stretch seeing as how it it usually an expense not a revenue generating asset.”

OK, then, it’s not a “holiday”, it’s a free ride. Why should I have to pay capital gains taxes on my stock portfolio? Just because you are using an asset to eliminate an expense rather than generate revenue does not magically make its — massive — appreciation anything other than a capital gain. All of which should be taxed exactly the same. Otherwise, the government is just distorting the market.
===============

Agreed.

—————————————

What “expense” is avoided by owning a house to live in? I contend that outside of YVR and YYZ nobody “makes” money owning a house once mortgage interest, maintenance, taxes, land transfer fees, realtor fees and inflation are included. Or at least rarely. And this is why capital gains on houses will not be taxed; Toronto and Vancouver are too important to anyone trying to get elected because of their outsized populations, and the capital gains elsewhere are hardly worth the effort most of the time.

Other than the “covid blip”, “massive appreciation” is not a feature of the Canadian real estate market outside YVR and YYZ. There have been examples like the oil boom in Calgary, but folks, that was 2006! Nothing much has happened since.

#157 Shawn Allen on 09.07.21 at 12:10 pm

How Banking Works…

It is the banks and their borrower customers that are “printing money”

This is relevant to high house prices.

Here is a simple explanation

First what actual money do you (or any other person or business) have? Not wealth but money? Your money is what you have in bank deposit accounts including inside your investment accounts and that probably moldy $40 in your wallet.

Almost all money (personal and especially corporate) these days is in the form of bank deposits. Relatively little is in paper cash form.

So… imagine young Frank has $50k for a down payment on a house. Joe, a senior has a paid for house worth about a million and little other cash.

Frank gets a mortgage of $950k to buy the house. The bank makes an electronic entry showing an added $950k in Frank’s deposit account (a liability for the bank) and a receivable of $950k from Frank (an asset for the bank). Frank’s net worth is unchanged. The bank’s net worth is unchanged. But voila $950k in new money has been created (shall we say printed?). There are limits on this and it is not nefarious but the point is it is happening many times every day.

Initially from the bank’s perspective Frank’s own deposit is “funding” the loan to Frank. In any case no cash has left the bank.

Next step Joe gets a cheque for $1 million (let’s ignore transaction costs for simplicity). Joe will have to deposit that cheque in some bank or other.

Frank now has no money but owns a house and owes the $950 mortgage. His net worth still unchanged.

Joe has a million in money but no longer owns his $million dollar house. His net worth is unchanged.

Between Frank and Joe, the total of their money has risen by $950k.

Frank’s bank has to “send” a million dollars to the bank where Frank deposited the cheque. This occurs with a reduction to Joe’s bank’s deposit at the clearing bank and an increase in Frank’s bank’s deposit at the clearing bank. Joe’s bank gets a reduction in its deposit liability to Frank and a reduction in its asset deposit at the clearing bank. Its net worth still unchanged.

The house was bought. Frank had only $50k. Joe now has one million in money. $950k in new money has been created (printed if you will).

No matter what Frank does with his $million on deposit it is almost certain to remain as a bank deposit someplace. Be it in the deposit account of some investor that Frank buys stocks from, or the bank deposit of various businesses where frank spends the money. That new money will remain in existence until someone uses it to pay off a loan which interestingly enough reduces the total bank deposits in existence and is the opposite of printing money.

The point of this long story is to show that it is borrowing that “prints money”. The central banks facilitate this with low interest rates. But it is borrowers and their banks that actually “print” the money.

The money supply has been increasing and it’s because of borrowing. This includes government borrowing. But certainly also includes personal and corporate borrowing.

#158 Right said Fred on 09.07.21 at 12:14 pm

#153 Quintilian

RE:
The anti-vax mobs:

It may be true that the mob is on the far right, but as the saying goes:

Birds of a feather tend to flock together.
Conservatives tend to attract these types.

Maybe you didn’t notice – they disavow the Conservatives. But nice smear. – Garth

>>>
Since when is personal freedom and choice a bad thing?

Personal freedom and choice being removed is the only way to achieve goals?

It is this road that is narrow minded.

Boomers, afraid of the inevitable, being reluctant to relinquish control, their wealth and life itself are clinging on way too hard. So hard, little seems to make sense except for one thing:

Screw everything and everyone – as long as there is profit in it for them.

#159 crowdedelevatorfartz on 09.07.21 at 12:34 pm

@#155 Faron

” Seems like striking the balance away from human killing is a good idea? Call me crazy. But, sorry, I know wanting to avoid mass shootings is wokeism…”

++++

Several of the worst mass killing in the US have been gasoline fueled molotov cocktails toss into bars….

As for Canada.
The majority of gun killings (and mass murder events)

Illegal guns , owned illegally .

How do more Gun Laws( or Liberal promises of more gun laws) protect you from that?

Or the glacial judicial process ?

#160 XGRO and chill on 09.07.21 at 12:34 pm

Voting for a person who probably won’t win his own seat means you keep the loser you despise. What about math do you not understand? – Garth

——

So-called strategic voting is a bit of a misnomer. What is strategic about not voting for the party you want in power, who needs your support over a series of elections, to build and grow a movement, to eventually gain power?

A sizeable amount of the population strategically votes in Canada, which means that some parties have distorted support in the polls, which causes a perception that they can never win. It causes a self-fulfilling prophecy in the long run – parties that can’t win will never win because people who want them in power never vote for them.

Besides, one vote is one vote. While it is more likely to tip the scale in a strategic vote, we are still talking about incredibly low odds that it actually does. How many elections come down to a single ballot as the margin of victory?

#161 cto on 09.07.21 at 12:35 pm

#118 PastThePeak on 09.06.21 at 9:39 pm
#41 Nonplused on 09.06.21 at 2:04 pm
……

“And the voters have only themselves to blame. We live in a society where a noisy minority with extreme influence wants a pay check without working, energy without generation, food without farming, services without paying for them, houses without building them, debt without payments, and expect some other magical group like unicorns or “the rich” will pay for it all. It is going to end badly. This election is just one more stop to take on passengers on the way to hell.”
++++++++++++++++++++

“Truer words have never been said…”

I second that!!!!

#162 crowdedelevatorfartz on 09.07.21 at 12:40 pm

@#153 A quintillian gallons of Orange paint.

“Birds of a feather tend to flock together”.

++++
Yes.
I noticed the screaming, mobs that attacked statues with paint, hammers and lasso’s all across Canada a few months back were , rational, well disciplined and orderly.

Especially when they beat the freshly pained faces of the statues to pulp, tied ropes around the necks of the statues and dragged them as they cheered and shouted “woke” slogans….. to the nearest lake, river or bay…

We’re so much more civilized than the mobs that rounded up the ruling elite in France 200 years ago and fed them alive…..to pigs.

#163 Truthiness on 09.07.21 at 12:44 pm

If you vote Liberal you will have immunity from COVID. No need to worry.

#164 Yukon Elvis on 09.07.21 at 12:54 pm

It is not a gun issue. It is a mental health issue. Criminals and crazies will always find ways to get guns. The average recreational gun owner is not the problem.

#165 Sail Away on 09.07.21 at 1:00 pm

My goodness, Faron.

I am accustomed to being the object of infatuation, but this is some next-level stuff. Don’t want anyone to think you’re a nutter, you know?

#166 Sara on 09.07.21 at 1:07 pm

@#154

LMFAO!

#167 Trojan House on 09.07.21 at 1:12 pm

#148 crowdedelevatorfartz on 09.07.21 at 11:01 am

“I look at them as uneducated , pathetic, loser, trailer trash for the most part.”

Funny, that’s exactly what I thought of you as.

#168 crowdedelevatorfartz on 09.07.21 at 1:26 pm

@#164 Yukon Elvis

“It is not a gun issue. It is a mental health issue. Criminals and crazies will always find ways to get guns. The average recreational gun owner is not the problem.

+++

Yep.
Rental vans and trucks seem to be a fave with loons these days.

Timothy McVey killed hundreds with a rental truck packed with explosives.
The idiot who’s name escapes me used a van in Toronto for a sidewalk slaughter.

It aint legal gun owners that are the problem.
A huge “smoke and mirrors” show by the Liberals for votes.

5 years and he’s done nothing but talk and talk and promise and talk…..oh and spend billions upon billions to get re-elected.

Time to turn off the taxpayer taps.
The party is over.

#169 Quintilian on 09.07.21 at 1:52 pm

#162 crowdedelevatorfartz Has been drinking too much to early again:

“We’re so much more civilized than the mobs that rounded up the ruling elite in France 200 years ago and fed them alive…..to pigs.”

Sure thing, “The Reign of Terror” and knocking down a few statues of dead people is the same thing.

Oh what a calamity, oh horror of horror, if there ever was a need for divine intervention this has got to be it.

#170 Jib Halyard on 09.07.21 at 1:55 pm

#156 Nonplused on 09.07.21 at 12:09 pm
What “expense” is avoided by owning a house to live in? I contend that outside of YVR and YYZ nobody “makes” money owning a house once mortgage interest, maintenance, taxes, land transfer fees, realtor fees and inflation are included. Or at least rarely. And this is why capital gains on houses will not be taxed; Toronto and Vancouver are too important to anyone trying to get elected because of their outsized populations, and the capital gains elsewhere are hardly worth the effort most of the time.

Other than the “covid blip”, “massive appreciation” is not a feature of the Canadian real estate market outside YVR and YYZ. There have been examples like the oil boom in Calgary, but folks, that was 2006! Nothing much has happened since.

So I was mistaken in believing that rental markets exist in every region of the country?
And yes, Canadian real estate has been going up and up in all major centres, to varying degrees, for the past 20 years at least. If this blog and all its accompanying charts are to be believed, at least. And it’s distorted our whole damned economy.

#171 Stone on 09.07.21 at 2:04 pm

#122 Mrs. Fool on 09.06.21 at 10:07 pm
I hope the plot is correct Garth; I’ll keep my fingers crossed the CPC won’t screw it in the coming days. The Liberal party has done enough damage to the country, they must go. In my little polling survey, I still have to come across to someone planning to vote Liberal, even my woke coworker is distancing from this goverment.

@#1 Flop
I can’t believe it has been five years of Boom passing. A kind soul worth remembering and emulating. Thank you for writing about.

@#75 Smartalox
I’m sorry for your loss and the struggles you and your family are going through. Hope all this pass soon and life smiles again for you.

Like Ustabe, I miss the blog dogs who used to post interesting comments and point of views. To the trolls kidnapping the coments section, I wish you could show at least respect to our host. I can scroll your comments, but Garth has to read them.

F37QC

———

Garth has to read them but he also has a choice. He can choose to vapourize them sending them to oblivion and therefore discouraging further hijacking. But he doesn’t. Think about that.

#172 Squamish Renter on 09.07.21 at 2:21 pm

Hey Garth, Coming at you from Squamish. It is damn hard to find a room to rent but luckily I got one. 1000 bucks a month in a 3 bedroom, 1 bath basement with 3 other people. The neighborhood has a bunch of older homes most of which I can tell are rented. Last one sold just over 2M.
I wanted to know your thoughts on what you think is actually being reported to the CRA? Is the homeowner just bringing in 6k a month in rent actually declaring any of that income? With prices skyrocketing, rent has increased to pay these stupid debts and I feel like the CRA is a limp dick and missing a ton of revenue. When there is all this talk about a wealth tax why don’t they go after the tax cheats that are out there? Won’t that investment in CRA more than take care or is this the world of the elite that they don’t want to disturb?

#173 Mr Happy on 09.07.21 at 3:19 pm

Voting for a person who probably won’t win his own seat means you keep the loser you despise. What about math do you not understand? – Garth

Will they really understand?

#174 Steven Rowlandson on 09.08.21 at 7:39 am

“The entire country is messed up.”
Absolutely right it is and the worst part is that too many people seem to like it.