The WFH chill

Some months ago Alexandria Gentile-Patti was working in her home office, dealing with people booking flights on Air Canada, her employer. She finished her shift at 1 pm and headed downstairs to grab some food in the kitchen.

She slipped on the stairs. Fell. Hurt her side.

Then Alexandria filed for worker’s compensation (which would pay 90% of her wages for two years), claiming that tripping on her way to lunch inside her own home was a workplace injury. The employer said that was absurd. She was not working. She had left her home office. She was hungry and missed a step. In her personal space. Why should the company be at fault?

Well, Alexandria just won her case. A Quebec judge ruled it was, in fact, a work-related injury and she needs to be compensated.

Here’s the legal logic: if the woman had not happened to be working from home, or on that day, or that afternoon, then she might not have taken the stairs, or have been hungry at that moment. Because she finished the shift at 1 pm and wanted food, and had to travel the stairs to get it, the injury occurred during work hours at the workplace. The company has an obligation to provide a safe workplace, and erred in this instance. She wins.

“Ms. Gentile-Patti’s fall, which occurred moments after disconnecting from her workstation to go to dinner, is an unforeseen and sudden event that occurs during work. She therefore suffered an occupational injury.”

Now, kids, do you understand why WFH is doomed? At least for many. And certainly for those who will not be agreeing to waivers of corporate responsibility for workplace safety. Is it feasible for, say, RBC to be responsible for maintaining a safe environment in the personal residences of eight thousand employees who were asked to work remotely and might trip over the cat?

Of course not. Either the laws change (unlikely) or this legal precedent sends a huge chill down the spine of corporate Canada.

What comes next? Two classes of workers, maybe. Those in the physical place of employment will have workplace protection and full incomes. Those who choose WFH may well be stripped of such legal protections and can look forward to income and benefit reductions and the threat of outsourcing, After all, if an Air Canada customer service rep living in Mumbai stumbled on his way to lunch, there’d be no worker’s comp challenge. No judge. No award. No pension, either. And less pay.

Be very careful what you wish for.

           

Well, Santa came back to Bay & Wall Streets on Tuesday, after a handful of losing sessions. In a year in which markets have surged, lots of traders were happy to take money off the table when the triple threats arrived: hot inflation, hawkish central bankers and the oh-so scary omicron. Monday was a rout. It now looks like the end of another massively-short correction.

Yes, interest rates are going up and bond-buying is being halted. Central bankers will launch a tightening schedule soon and, yup, there will be six or eight increases over the next 20 or 24 months. The focus will shift from job creation and economic recovery to taming inflation which has swollen assets (like houses) and is destroying the purchasing power of consumers and whacking anyone on a fixed income.

The markets get that. Before the variant hit, investors accepted that rates will rise and the economy can handle it.

But omicron then emerged in a blaze of headlines and with a rate of contagion that stunned us all.

In true equity cowboy fashion, Mr. Market has decided that omicron is an omiflop. Even after Joe Biden’s talk today. Yes, hoards of people will get sick but, no, lockdowns will not reoccur and the economy will power through it. That sentiment was expressed well by veteran analyst Ed Pennock, who sent along the following note this morning:

Many believe that it will have detrimental consequences to the re-opening of the economy. We disagree. The numbers so far are suggesting that although transmissibility is higher, hospitalizations are dramatically lower. As such, we believe that Omicron induced sell-offs are an overblown reaction to uncertainty. Some of the high-flying tech names have sold-off from their highs to levels that look attractive. Particularly the Semis. Pick the leaders and buy the dips. Too many times one has the proclivity to buy something because its cheaper. Buy the expensive stocks that are leaders in their fields. In this environment they are doing better. There’s a reason why they’re more expensive.

He’s right. The markets are not rolling over. We haven’t had a decent correction since Covid crashed everything in March of 2020. And it’s not happening now, either. In the past 12 months the S&P 500 is up about 26% and Bay Street has clocked just under 20%. REITs are ahead about 20%. Preferred have gained the same. Bonds are worth less as yields rise, but they’re held for insurance. In short, a balanced, diversified, boring, pedantic, Restopedic, come-to-mama portfolio has delivered double-digit returns with less vol. And now, some Santa sauce.

Okay, so you can afford some pants. You may need them next month.

About the picture: “This handsome fellow is Diesel,” writes Daryl. “He’s a four year old Old English Bulldog and absolute best buds with my 5 year old great nephew. Thanks for all you do and have a great Christmas!”

154 comments ↓

#1 Dolce Vita on 12.21.21 at 3:08 pm

Mr. Market Santa still in a giving mood today.

Mr. Market forgets that if many, many are self-isolating, fewer available to contribute to GDP.

Glad Mr. Market 2 bricks short of a full load…well, until the GDP numbers start rolling in.

———————–

Expect the Unexpected, including you Mr. Market.

Omicron bombshell dropped by the CDC on unsuspecting Americans *:

https://i.imgur.com/GnxIbJC.png
https://i.imgur.com/2SQYAaO.png

In 1 week Omicron went from 10% to 70% of American new Covid-19 cases. ONE WEEK.

How is that even POSSIBLE? Put into perspective by America’s Dr. Tom Frieden:

https://twitter.com/DrTomFrieden/status/1473127267392016386 [gobsmacked]

Canary in the Coal Mine UK Omicron report data as of Dec. 21, ASSESS on your own – GRIST for Mr. Market’s Mill?

https://i.imgur.com/Cc5ngL1.png

As for me, it will be over much sooner than later. Then the Roaring 20’s.

I can dream can’t I?

There WILL BE light at the end of the tunnel.

—————-

PS:

Commies homing in on Canada. I keep giving them a rough time ala Twitter Hive. My bad. Sorry Canada.

https://twitter.com/XHNews/status/1473369728538189824

Reply:

“At least they can count.”

#2 Not Fooled on 12.21.21 at 3:11 pm

Not sure that the legal principle of stare decisis applies outside of PQ, and federally regulated workplaces like airlines, telecoms, rail, etc. Will be interesting to see.

#3 mitzerboyakaQueencitykidd on 12.21.21 at 3:12 pm

Dogs are great
beer is good

most reptilian brained monkey hormones individuals will abuse the system if given a chance
and will play stupid once caught.

#4 RandomName on 12.21.21 at 3:13 pm

Not only insurance liability, but corporate security is at risk. If a corp has 5000 home workers, then that’s 5000 lightly protected attack vectors for hackers, thieves and social engineers.

#5 Chris on 12.21.21 at 3:16 pm

I only have about 5 more years of work left at my vertical prison. It might be the new building with the “Red” logo, but if I got an option to take less pay so I could continue to work from home I probably would.

Our jobs are already being automated and offshored and it will continue regardless of whether we are in the office or not.

Could this ruling be used if I slip on the steps coming out of the subway one morning heading to the office.

Also, as some people mentioned yesterday we are team members, not employee’s.

#6 Dolce Vita on 12.21.21 at 3:17 pm

As for me, off to Venezia for the XMas holidays as Italian restrictions (we never got rid of them) prevent large family gatherings in my FVG Region (1 side of my family is 17-21 at the XMas table, the other side of my family is a modest 15, no more than 4 w/restrictions).

According to watchful Austria I will have La Serenissima to myself + Veneziani + 1 Österreich Journalist:

https://freizeit.at/reise/auf-nach-venedig-jetzt-da-es-den-venezianern-gehoert/401848459

Bought time for me before Omicron hits Italia. So far and touch wood, this many Omicron cases in Italia:

84

Will let you know soon enough if that Austrian Journalist was telling the truth along with a photo from the Guggenheim Museum terrazzo of Canal Grande, booked it for the 26th. Peggy’s digs until she died.

Her burial plot there too along with her dogs. My kind of gal.

https://www.atlasobscura.com/places/peggy-guggenheims-grave
https://www.guggenheim-venice.it/en/visit/

#7 TurnerNation on 12.21.21 at 3:19 pm

How can there not be a severe Consumer Recession in 2023-24? Record high debt levels vs. incomes.
Almost out of control price inflation on key goods. A point or two of juiced interest rates will tip the balance.


— The science behind the War on Small Business?

“Schools: 1400+ CASES. Bars: 87 cases. Ontario outbreaks by category, as of Dec 18th, 2021. Assuming both are underreported (which I know for a fact they both are), it’s clear decisions aren’t being made based on science of pandemics, but of political and economic expediency.”
https://www.instagram.com/p/CXwO9pKulXU/


— Control over travel/movement. As with the Sept 11th measures this too is permanent. Christmas must be cancelled. All the old culture must go Comrade. The science shows that in NFLD Tuesday is the day to do this!
https://vocm.com/2021/12/20/travel-covid-dec-20-2021/

—-Bonus:

Guess who owns the Covid tests? Yep our elite global rulers. They must be roaring with laughter now. You see how the game is played Lads? Mainstream news:

“Jul 19, 2021,09:42am EDT|218,969 views
George Soros And Bill Gates’ Backed Consortium To Buy U.K. Maker Of Covid Tests For $41 Million”
https://www.forbes.com/sites/daviddawkins/2021/07/19/george-soros-and-bill-gates-backed-consortium-to-buy-uk-maker-of-covid-lateral-flow-tests-for-41-million/?sh=58fc78992687

#8 Faron on 12.21.21 at 3:21 pm

Love the dogs that headlined the past couple of blogs. Cats are cool and all, but dogs win hands down on diversity of shape and spirit. Yesterday’s and today’s pups couldn’t look more different, nor have more difference in character (I would suspect) yet completely loveable through and through.

Randall is hanging in there although the vet warned us Saturday that he has a heart murmur and his time could come any day. Still, he joyfully bucked like a bronc after his bath today and took me for his walk with his usual pep and jiggly jog. Glad to have him for another Christmas.

Equity markets: yeah, pretty good today. Certainly not surprising. Low liquidity heading into the holidays conspiring with options expiry this week and things get a bit loosey goosey. I’m curious about Chinese names and Chinese tech. Very beaten down with all of the real estate doom/gloom.

#9 Faron on 12.21.21 at 3:29 pm

#1 Dolce Vita on 12.21.21 at 3:08 pm

Pretty sure Mr. Market sees right through Omicron at this point. Compare travel stocks (i.e. AC +6.5% today) against WFH stocks like ZM or PTON. And oil bounced hard off of support yesterday. See if it continues, but I think the speed and relative mildness of this wave are providing and going to provide a lot of relief.

#10 RichardTO on 12.21.21 at 3:29 pm

Omicron is great because it signals the end of the pandemic.

Everyone will get infected (it blows right past the feeble, fleeting, engineered immunity provided by the vaccines) but because it is so mild, most people will fight it off the same way they do a cold and develop permanent immunity.

YES, once you’ve had the wild SARS-2 virus, you have immune recognition and response for LIFE, as per a growing body of science literature.

So we’ll get to herd immunity, not by way of the crappy vaccines, but by way of natural immunity. Always has been that way. Humanity have never injected themselves out of a raging pandemic.

Sweden was right all along.

#11 crowdedelevatorfartz on 12.21.21 at 3:37 pm

Every day in the News

OMICRON INFECTIONS ARE EXPLODING!
Hospitalizations are down……

Omi-yawn.

#12 millmech on 12.21.21 at 3:39 pm

I guess when you hear that possible outsourcing coming down the pipe you can get a long term soft tissue injury.
At the plant I am at when a layoff comes the boss waits outside the gate and gives notice to all affected people as they leave company property. Reduced soft tissue injury occurrence by 100% on the last day before layoffs take effect.

#13 Leichendiener on 12.21.21 at 3:39 pm

OMICRON is the end with a whimper. Politicians may flog the fear for all it’s worth but it’s over.

#14 TurnerNation on 12.21.21 at 3:40 pm

BC making an announcement later today; QC tomorrow. (Remember that crazy email/leaked plan thingy?)

The government will order small business closed. This time they will not be allowed to re-open.
It will go straight to a UBI. Yep in 2022 even with 3 doses of a product — undergoing clinical trials until 2023* — you are not allowed to sit inside a pub with your friend and family. Life in Kanada.

*Sources:
https://clinicaltrials.gov/ct2/show/NCT04470427?term=NCT04470427&draw=2&rank=1
Pfizer – Estimated Study Completion Date : May 15, 2023

https://clinicaltrials.gov/ct2/show/NCT04470427?term=NCT04470427&draw=2&rank=1
ModernaTX, Inc -Estimated Study Completion Date : October 27, 2022



.Moderna Canada head: Annual COVID-19 booster may be needed (ctvnews.ca)

.Aug 10, 2021 Moderna will build an mRNA vaccine manufacturing plant in Canada (cbc.ca)

As noted a while ago.
“#24 TurnerNation on 08.28.21 at 1:06 pm
Things which have the permanency in Kanada:
1. Fictional ‘State of Emergency’.
2. Flags at half mast
3. CV Rules. Always the rules Comrade.”

#15 ElGatoNerodeYVR on 12.21.21 at 3:41 pm

I think this is a great and reasonable decision. If the corporate world decides that they can save money but not providing a properly ergonomic and safe work place and send people to WFH wihout responsibility this is a good warning for them that they can’t just profit on the back of workers.
And we should definitely not be comparing ourselves to India ,Philippines or China where workers protection is a joke and people are being taken advantage off.
We should review all offshoring of work by companies making money in Canada selling to Canadians and bring back those jobs. I for once would gladly pay more to buy Made in Canada and get proper support from someone located in Canada getting paid Canadian wages and paying taxes here.

#16 crowdedelevatorfartz on 12.21.21 at 3:43 pm

Gee.
The NHL has grown a spine.
Why wont our PM?

https://nationalpost.com/news/nhl-and-nhlpa-are-pulling-out-of-beijing-olympics-due-to-covid-surge-report

#17 Love_The_Cottage on 12.21.21 at 3:49 pm

#146 Love_The_Cottage on 12.21.21 at 8:25 am
What evidence would it take for you to change your mind that WFH can increase productivity in some / many situations, is real and has been a trend going back 20 years that is unlikely to reverse? Any or is your mind made up and no evidence will change it?
_____

Planck’s principle

https://en.wikipedia.org/wiki/Planck%27s_principle

#18 Dolce Vita on 12.21.21 at 3:50 pm

Another drag on the economy will be the number of unfilled jobs in Canada.

This was mind blowing to read:

“Across all sectors, the total number of job vacancies reached an all-time high of 912,600 in the third quarter of 2021, more than 349,700 (+62.1%) higher than in the corresponding period in 2019.”

https://www150.statcan.gc.ca/n1/daily-quotidien/211220/dq211220a-eng.htm?HPA=1

Why mind blowing…

Labour Force size Nov. 2021:

20.56 million.

Unemployed:

1.244 million. [How is this possible?]

#19 health and safety on 12.21.21 at 3:53 pm

the health and safety case was obvious to anyone that studied the law. pretty much a slam dunk.

as for Ed Pennock… why would you listen to someone who is telling you to buy individual stocks. besides, i wouldn’t trust anything that happens in the next few days. the volume will completely dry up. though, in general, i agree …

#20 the Jaguar on 12.21.21 at 3:55 pm

‘Mr. Market has decided that omicron is an omiflop. ‘-GT

OMG. You didn’t need to consult Mr. Market about that, Garth.

Jaguar slipped over to her pharmacy today to get the Pfizer booster and on the way back noticed a sale on her favourite carry-on luggage at the Bay. Replaced a small carry-on piece. Outta my way Omnicron. Got places to go and people to see….

Some things are better than a ticker tape……

#21 ElGatoNerodeYVR on 12.21.21 at 3:56 pm

87 Balmuto on 12.20.21 at 6:36 pm
《》When meetings do happen in person, it’s going to be a bunch of people sitting in a room with their laptops while the meeting essentially takes place on-line. Sure, there’s the spontaneous chatting that takes place afterward, but how much of that do you really need? 《》
====
See,here is where you are wrong. All real decisions are being made in the hallways ,cafeteria and cubicle drive-by’s pre and post meetings.
In my decades of working for multinationals have yet to see maybe 1% of decisions being made in the actual meetings.
Maybe the new generation can figure it out how to do it over Teams,Zoom or Slack though my experience so far ( WFH for 4 years now) has been that until you pick up a phone to talk to someone and every so often have lunch together so you can build relationships nothing gets done as fast or reliable as in a traditional office setting.
And monitoring people’s work based on reports and milestones or task completion gives you a number without the real understanding of how or why .
It actually takes more time to performance manage,train and develop people in a WFH environment if you want to do a good job at it and you care.
Ofcourse those employees who already know everything can’t be taught anything so we can exclude those.

#22 millmech on 12.21.21 at 3:57 pm

I guess that if things are tense at home(martial break up) one could collect for being forced to work in a toxic work environment(PTSD) also.

#23 AntMan on 12.21.21 at 4:00 pm

I doubt this ruling would have happened outside of Quebec and their civil code. Common law practiced in the rest of Canada allows for interpretation in light of precedent and often leads to different conclusions.
No doubt employers are scrambling to assess their potential liability but I’m guessing WFH will endure for some time in other provinces. Quebec, I’m less sure about. Let’s call Howard Levitt and see if he can comment after he stops salivating at the prospects.

#24 Verbal Contract on 12.21.21 at 4:09 pm

Garth,

I make a video of a car salesman promising me a free winter wheels to rope me into the car deal, and he doesn’t deliver on those wheels – he’d lose in a court as he made a verbal contract/commitment.

I make a video of you promising me future returns on investments, that’s braking the rules. You’ll be in (little?) trouble.

How come politicians can rope us in with verbal contracts (promises) and are not held liable for breach of contract when they don’t deliver on those contracts? They swindle us out of our votes – that’s straight up fraud!

How is this allowed?

Why do politicians have same immunity to fraud and breach of contract like Realtors with their future investment returns promise flyers?

#25 Stone on 12.21.21 at 4:11 pm

After all, if an Air Canada customer service rep living in Mumbai stumbled on his way to lunch, there’d be no worker’s comp challenge. No judge. No award. No pension, either. And less pay.

Be very careful what you wish for.

———

Doubtful Garth. Already been discussed and thrown put as an option by the execs for one large FI. I talk from direct firsthand experience. Customers don’t want to deal with call centre employees from elsewhere with accents they can’t decipher. Ultimately, the customer is always right and the company must fall in line to accommodate that.

As for workers comp, when/if the claims get too big and the cost of having employees in the office is less costly, you are absolutely correct. Employees will be ordered back in. Until then though, not really.

So, maybe in 2070. 2075. By then, the planet will be a desert dustbowl so who cares.

As for the lady who hurt herself, good for her to stand up for her rights. Shame on Air Canada. Oh yeah, Air Canada execs have no shame.

#26 mike from mtl on 12.21.21 at 4:14 pm

Not sure I share your enthusiasm, here the goons are in full-on FUD mode. Expect tomorrow the stores ordered close and possibly total lockdown by new years.

Had the sniffles first time in a while, didn’t stand in line like lemmings though.

Om is already 80% of ‘cases’ as of 3 days ago so basically by now has completely replaced Delta, which in theory is a positive. Won’t be without issue for sure but that completely shatters the last 2 years’ narrative.

#27 Ronaldo on 12.21.21 at 4:15 pm

After all, if an Air Canada customer service rep living in Mumbai stumbled on his way to lunch, there’d be no worker’s comp challenge. No judge. No award. No pension, either. And less pay.

Be very careful what you wish for.
——————————————————————
That was exactly the point I made in yesterdays post. In the early 80’s recession the Gov’t of BC was looking at a downsizing of 33% of employees. Many of these employees came back as independent contractors doing the same work they did previously. The employer had to pay a bit more but in the long term it was much more economical. No sick time, no LTD benefits, no vacation pay, no pension. When the contract was complete theyd were gone. Be very careful what you wish for. You are not indispensible.

#28 Dolce Vita on 12.21.21 at 4:20 pm

#10 RichardTO

Sweden was right all along.

————-

No they weren’t.

They’re just good liars that the US Ultraright glorified not knowing (on purpose to maintain their BS narrative) that last year they euthanized their elderly at Care Homes for lack of oxygen given to City Hospitals instead and LOCKED DOWN their free range elderly in their homes for SEVEN MONTHS.

Today, you can’t go to Sweden unless you have a Vax Passport. They’re about to limit gathering sizes and times, as of yesterday.

For their latest bullsh!t, read “Economic Consequences”:

https://www.aftonbladet.se/nyheter/kolumnister/a/dnbjrz/annu-en-coronajul-och-en-obehaglig-kansla-av-att-allt-gar-igen

Where they even have the GALL to compare themselves, for example, to Italy.

BEHOLD, the low case count SWEDISH MIRACLE:

Case Count
https://i.imgur.com/nysSnAq.png

Testing Prowess (a.k.a., Don’t test, Don’t count, save face)
https://i.imgur.com/8TH0mU9.png

If Sweden was anymore full of it, their eyes would be brown.

You are like your typical no knowing Right Wing N. American, like Turner Nation, that doesn’t know the difference between Sh!t and Clay, yet can type.

The rest of Europe thinks Sweden is a joke, save people like you and the N. America Ultraright.

Because you know, Swedes really are the Norse Gods of Valhalla violating ALL LAWS OF MOTHER NATURE that seem to afflict the rest of humankind.

Dream on.

#29 jimmy zhao on 12.21.21 at 4:28 pm

Lots of Greek letters still left in the Alphabet.
Canada’s so-called ‘Top Doctors’ won’t give up their newfound powers so easily.

Soon the biggest industry in Canada will be PCR & Rapid testing. $$$

#30 Oakville Rocks! on 12.21.21 at 4:28 pm

Interesting, workers comp for tripping in your own home.

I am wondering if anyone has sued their employer for emotional distress because they saw things they cannot un-see. I am thinking about Will Amos zoom moments.

The other thing that has risen exponentially with WFH – cyber crime, ransomware attacks and phishing attempts. There is no question – WFH is a cyber security nightmare for most organizations, especially smaller to medium sized ones.

In happy news, chocolates arrived @ the office from a supplier in Alberta – people in different provinces working together – awesome! Hard to imagine such a thing would be possible reading some of the comments here.

Faron – glad to hear you have another Christmas with your dog.

#31 Sour vita on 12.21.21 at 4:30 pm

1 week Omicron went from 10% to 70% of American new Covid-19 cases. ONE WEEK.

And all this at the end of a HOSTILE VACCINATION CAMPAIGN…LMAO

Vaccines don’t stop people from getting infected. They stop them from dying. Seems worthwhile. – Garth

#32 cramar on 12.21.21 at 4:31 pm

Let’s see. Alexandra slips on her own stairs in her own house! And someone else is responsible? This court ruling just begs to be appealed. It’s not over until it’s over!

#33 CJohnC on 12.21.21 at 4:34 pm

#1 Dolce: “and then the roaring twenties “….

Don’t be so sure. The US a fed is going into bailout mode for the 1%..
https://wallstreetonparade.com/2021/12/the-fed-gets-its-ducks-in-a-row-for-the-next-wall-street-bailout-quietly-adds-goldman-sachs-bank-citibank-to-its-new-500-billion-standing-repo-facility/

In the article take note of the various banks exposures to derivatives. Not good

#34 @Richard TO the anti waxer.. on 12.21.21 at 4:35 pm

DELETED (Anti-vax)

#35 Triplenet on 12.21.21 at 4:35 pm

In BC an employee injured in a car accident on the way to work or during or on the way home from work – may elect to be covered by WorkSafeBC instead of the Provincial auto insurance.
Employer has no say in that determination.

#36 Dolce Vita on 12.21.21 at 4:36 pm

#9 Faron

Thanks for telling me what I already knew this AM CET before you woke up.

BTW, I own USOI and NXF. To have really impressed you would have pointed this out to me:

Oil Future Spot Contango.

——————–

There will be a crushing number of people in self-isolation.

They will not be contributing to GDP for 10 days at a time.

Mr. Market Drag until early next year provided there will be no Son/Daughter/Bill C-16 Pronoun of Omicron.

#37 Tom Jones on 12.21.21 at 4:40 pm

Cathie Wood had an interesting take at the SALT Conference on the length of the bull-market; her view is that this bull-market could continue for the next 20 years due to increased market access (Robinhood, etc.) and participation by the millennials.

Garth, does this take make sense to you?

#38 I'mshort_corpdebt on 12.21.21 at 4:40 pm

This is a shout out to anyone who would like to do something about the idiocy coming from our fed gov and also that Trudeau and the lib apparatchiks are now Put ON NOTICE by the hard working candian public being affected by this Cov19 mess.

Write to your MPs of all parties in your area but also copy or send out the same letter to other MPs of different regions to get the ball rolling.

The Canadian forces should be better utilized in helping our health care workers. Not only will it make them build moral instead of always having to go fight other people’s wars in regions where they are not welcomed, it will re-allocate all the money in those wasteful causes. Wasteful to the Canadian tax payers but obviously not to the armament lobbyists!

This means they either setup temporary or permanent facilities in all provinces around major urban areas and designate those ‘mash’ units to assist the hospitals if truly there is a fear of overwhelming the health sector.
Retrain those soldiers who signed up to protect our country, make them believe in something if we are truly at war with this Covid. Find them real purpose in life and the meaning of doing their patriotic duty.

Share these ideas within other social groups and then go invest wisely.

#39 twofatcats on 12.21.21 at 4:44 pm

Dec 21 Today’s flipped ‘Principal Residences’

https://housesigma.com/web/en/house/gAaOyL8ROdKyGxMb/3-DESHANE-Street-Guelph-40194437-40194437-X5457740

https://www.zolo.ca/welland-real-estate/550-julia-drive#sold-history

https://housesigma.com/web/en/house/GMnKYqpQMbe3w1Qr/7291-FERN-Avenue-Niagara-Falls-40194762-X5457113

#40 Dolce Vita on 12.21.21 at 4:47 pm

#33 CJohnC

Point well taken.

Then again I said:

I can dream can’t I?

—————

You killjoy, with actual verifiable facts. How dare you rain on my parade of 1 (well, 2 with Garth today).

A lot of unknowns that will create Mr. Market drag. Your point one of them. Good catch.

#41 Armpit on 12.21.21 at 4:48 pm

THE PANDEMIC DEATHS ARE OFFICIALLY OVER!!!!

As a triple vaxed cautious person now holidaying in the deep south, I unofficially declare this pandemic to be over.

Back in the days of the Spanish Flu, they declared it to be over during the fourth wave. Reason??? Very low death counts. They weren’t counting the infections. Instead, it was the deaths that mattered.

So why are we making so much ado about the infection rate with Omicron when the death counts are near it’s year lows? (not counting the active Delta in USA). FOLLOW THE MONEY!!!

Instead of publishing the infected rates, the death rates should only be published.

Instead, lets panic everyone!!! and drink the kool aid.

#42 Classical Liberal Millennial on 12.21.21 at 4:52 pm

Oh lockdowns will happen in Canada. We are a nation of no ideas, cowardly leaders, and public health failure. You would think a 90% vaccination rate means we succeeded. But with provinces reverting back to “lockdown”, it’s apparent we have not.

#43 Dolce Vita on 12.21.21 at 4:57 pm

Vaccines don’t stop people from getting infected. They stop them from dying. Seems worthwhile. – Garth

No truer words, even for Omicron.

—————-

Omicron UK data for those that did not look as of today:

21-Dec vs. 13-Dec New Cases, Increase = 1184%
Latest Hospital vs. New Cases = 0.22%
Latest Deaths vs. New Cases = 0.023%

No truer words indeed.

#44 SunShowers on 12.21.21 at 4:57 pm

“Either the laws change (unlikely) or this legal precedent sends a huge chill down the spine of corporate Canada.”

I don’t see how this is any different than workers being injured offsite, which already happens all the time with traditional employment.

One of my coworkers slipped on an icy sidewalk doing a service call at a customer’s home and needed time off for a concussion. My workplace is unable to regulate the safety of our customers’ homes, and we can’t go after customers for our increased WCB premiums.

“After all, if an Air Canada customer service rep living in Mumbai stumbled on his way to lunch, there’d be no worker’s comp challenge. No judge. No award. No pension, either. And less pay.”

I refer you to my comment about offshoring yesterday.

Offshoring is like the classic prisoner’s dilemma.
It’s in every firm’s best interest to not offshore at all. Everybody wins.

However, one firm offshoring will have an advantage over the firms who do not, so that leads many firms to do it.

But, when multiple firms offshore, they all lose quite precipitously because they end up laying off each other’s customers in favor of hiring people overseas who will never themselves be customers of these firms.

#45 Dogman01 on 12.21.21 at 4:59 pm

2024 and the possible comeback of Trump?
Biden can’t run again, Kamela = useless.
Unfortunately pragmatic moderates do not do well in a system that is being radicalized. Like the Balkans in the 1980’s when thing fall apart and become radical you will have to pick a team in order to survive.
The crazy left in the USA know that the pros with the guns are more conservative….
https://www.washingtonpost.com/opinions/2021/12/17/eaton-taguba-anderson-generals-military/

https://www.newsweek.com/2021/12/31/millions-angry-armed-americans-stand-ready-seize-power-if-trump-loses-2024-1660953.html

Hopefully most on the left and the right will realize that the rules, traditions, norms of the game are much more important than trying to win the game by any means …. However it is well known that progressives don’t see much value in tradition and populists from the right may also be inclined to tear things down.

“political polarization and the rise of leaders who are happy to undermine democratic norms and institutions are a consequence of “public distrust” and “the failure of governments to deliver equitable and sustainable economic and political progress” throughout the world’s democracies.” – Terry Glavin

One of the things causing Rome to go down was when the Pretorians’ realized they held the power and did not need to respect the system.

#46 Sheesh on 12.21.21 at 5:07 pm

#10 RichardTO on 12.21.21 at 3:29 pm
Omicron is great because it signals the end of the pandemic.

Everyone will get infected (it blows right past the feeble, fleeting, engineered immunity provided by the vaccines) but because it is so mild, most people will fight it off the same way they do a cold and develop permanent immunity.

YES, once you’ve had the wild SARS-2 virus, you have immune recognition and response for LIFE, as per a growing body of science literature.

So we’ll get to herd immunity, not by way of the crappy vaccines, but by way of natural immunity. Always has been that way. Humanity have never injected themselves out of a raging pandemic.

Sweden was right all along.

……

Hold up there, champ. There are a few glitches with your assessment.
1) omicron also blows through the immunity that was hard won through a previous infection.
2) many studies have shown that the antibodies created from an infection also wane with time.
3) omicron is possibly as infectious as measles. Herd immunity to measles was not achieved until the vaccine.
4) if we’re lucky, it becomes another cold virus. If we’re not lucky, it combines with influenza A to create a monster. There is no mandate that a virus MUST mutate to become less pathogenic.

#47 Devil Taco on 12.21.21 at 5:14 pm

#28 Dolce Vita

Dolce,

Remember Arsenio Hall? The little bit he had “Things that make you go hmmmm…”

Here is one for you.

Who’s getting all these tests done?

I keep hearing and reading that people come into hospitals for another completely unrelated issue, are given a Covid test, which let us remember has sensitivity in the 60-70% range, and to their surprise they are told they have Covid and wheeled off to the Covid ward.

Need I point you to the articles?

#48 Agree 100 percent on 12.21.21 at 5:21 pm

Classical Liberal Millennial on 12.21.21 at 4:52 pm
Oh lockdowns will happen in Canada. We are a nation of no ideas, cowardly leaders, and public health failure. You would think a 90% vaccination rate means we succeeded. But with provinces reverting back to “lockdown”, it’s apparent we have not.

Canada is a country governed by CORRUPT IDI
.OTS

#49 Linda on 12.21.21 at 5:28 pm

I didn’t know you could purchase pajamas for dogs. Diesel looks very comfy:)

About that WCB case: remote working & WFH is nothing new. So what I’m wondering is how the whole employee safety issue has been handled all these years for all those remote workers? I’m just presuming that their employment contract spells out any limitations to employer responsibility if the employee gets injured ‘on the job’. As for the case in question, if the woman’s home is now considered her workplace, what are the implications regarding taxation etc. if the residence is sold? Quebec always being different, would the possible taxation of any capital gains apply?

#50 XGRO and chill on 12.21.21 at 5:35 pm

“Lockdowns will not reoccur”

Yeah, that’s not gonna age well.

#51 Dolce Vita on 12.21.21 at 5:35 pm

#47 Devil Taco

I get that.

But so far, per UK Omicron data, not so many in Hospital or Morgue vs. Cases.

There is hope on that front.

Where I see problems arising is the crushing number of people that will be self-isolating for 10 days at a time.

That will create economic drag.

Hopefully the Americans will get their dung together at reporting US Omicron cases vs. hospital and morgue.

The picture will be clearer then. For now, best rely on what the UK is saying.

The UK have awesome testing and sequencing prowess. Trust in their data for now.

And hopefully, will be corroborated by the American soon enough.

BTW, Danes showing similar data to the UK. Lots of Omicron cases, few hospitalizations and deaths. Peruse or here you go:

13K new cases almost all Omicron, hospital 557 down 27, ICU 67 up 1 of which 35 are on a respirator up 2. +8 died on Dec. 21 (RIP)

https://politiken.dk/forbrugogliv/sundhedogmotion/art7722019/Her-er-de-nyeste-tal-for-coronavirus-i-Danmark

#52 Bezengy on 12.21.21 at 5:35 pm

While I don’t believe WFH is a realistic approach to most jobs in society, I also am a big believer in increasing efficiencies. This ideal of hopping in your car and driving over 100 clicks into the city on a clogged up freeway 5 days a week to work burning precious fossil fuels isn’t sustainable. We’re going to need a little vision to solve these problems. Maybe entire new cities will need to be built. Not that long ago when a mine would open up here in Northern Ontario they would build a new community to house the workers. Pamour Mines comes to mind. It was the closest thing to a Utopian society (from a kid’s viewpoint anyway) that I’ve ever seen. They had their own beach, curling, hockey, tennis, playgrounds etc. Rent was $50 per month. Wages reflected that of course but everyone seemed happy enough with the arrangement. Nobody had to drive to work, that’s for sure.

#53 Yukon Elvis on 12.21.21 at 5:38 pm

A Quebec judge ruled it was, in fact, a work-related injury and she needs to be compensated.
+++++++++++++

Even judges can be crazy. There is no vaccine for crazy.

#54 No R/C IMO on 12.21.21 at 5:45 pm

#46 Sheesh on 12.21.21 at 5:07 pm

Hold up there, champ. There are a few glitches with your assessment.
1) omicron also blows through the immunity that was hard won through a previous infection.
2) many studies have shown that the antibodies created from an infection also wane with time.
3) omicron is possibly as infectious as measles. Herd immunity to measles was not achieved until the vaccine.
4) if we’re lucky, it becomes another cold virus. If we’re not lucky, it combines with influenza A to create a monster. There is no mandate that a virus MUST mutate to become less pathogenic.

Sheesh,

Where is the previous immunity being broken proof? Everything I’ve seen is that anyone with natural immunity is not getting reinfected, and FDA when challenged has not been able to produce proof of a single tested case where previously Covid infected individual is getting Covid again.

Studies actually show the natural infection antibodies go dormant, but natural immunity does not fade. As noted, FDA was asked to show 1 case of re-infection and they have no such case.

Indeed, the vaccinated immunity is fading. 3453 cases in Ontario today, 2500 fully vaxed – representing 3/4 of the positives.

Data suggest that Omicron is 4, Delta is 6. Still fluid data in terms of infectiousness apparently.

I heard it said before, this Omicron seemed like a fade out, but why do I have this sinking feeling that Pi is coming in a few weeks and it won’t be a fade out at all?

#55 Seen it before on 12.21.21 at 5:48 pm

I don’t think Ms. Gentile-Patti’s fall is a reason to return to the cubicle. It is a real good reason to visit India. Was there proof it happened at 1:00 and not 6:30 that night?
I’d bet it takes the whole2 years to recover.

#56 Chris L. on 12.21.21 at 5:50 pm

Vaccines don’t stop people from getting infected. They stop them from dying. Seems worthwhile. – Garth

Vaccine apologist. “Do you part, get vaccinated” Garth Turner…

to protect yourself? Ok, dude.

The vaccines were advertised as ninety five percent effective….they did no such thing. The vaccines were designed to make money – only. Now they are useless. You’re not the only one that got taken.

#57 CanadahomesforCanadians on 12.21.21 at 5:50 pm

Bang on Garth: housing should be for Canadian to live in not foreign investors to launder their cash through:

Ahmed Hussen told Reuters in an interview that housing should be for Canadians to live in, not passive foreign investment, and that he backs Canadian cities implementing density measures like those recently rolled out in New Zealand, which allow up to three homes to be built on most single-family lots.

“I support that,” he said. “That’s one of the ways to easily increase housing supply by using the same land for single-family dwelling and creating more units.”

He’s right you’re wrong.

#58 A short essay - two years of failure on 12.21.21 at 5:53 pm

DELETED

#59 crowdedelevatorfartz on 12.21.21 at 6:05 pm

@#38 Short of common sense
“The Canadian forces should be better utilized in helping our health care workers.”

+++

When did our Military Armed Force become the “go to guys” for flood sand bagging, forest fire fighting, Snow storm removal, and pandemic nose wiping?

I thought the whole idea of having a military was to defend our borders and fight for democracy….where ever that may be.

I guess now that a politically correct Liberal Lawyer is in charge of the Forces we’ll see more troops painting Rainbow crosswalks and apologizing while doing it?

Stalin couldn’t have purged our fighting forces better than the Communists currently in charge.

Russia and China are loving it.

#60 William Mattar on 12.21.21 at 6:10 pm

Garth,

Say one is working from home, and is feeling a bit frisky. Goes to next room and starts hitting on the wife during work hours, while she’s in no mood because The Social is on.

Does HR need to be notified of policy violations?

#61 yvr_lurker on 12.21.21 at 6:15 pm

BC made a good decision today to do a partial shutdown until January 18th, and to get a move on opening up the centers to give out boosters QUICKLY. My sense is that if omicron is not causing many hospitalizations by Jan. 18th and is in fact milder, then we can undo the lockdown. If the Gov’t did zilch now, it would be too late to react if things go sideways with the severity of it. Would not be able to put the toothpatse back in the tube. We will have tons of data to make an informed decision on Jan. 18th.

#62 Tarot Card on 12.21.21 at 6:21 pm

Thanks for the blog Garth
I have a hard time using common sense in the case with falling down the stairs after work.

So therefore if I leave my office downtown anywhere and after work trip down the stairs going to a restaurant I get workers compensation?

I understand if the women was working at Home and had to go to the bathroom. But really after working hours?

I see millions falling down the stairs in the New Year, why not collect two years of tax free workers comp, better than CERB

As far as Omicron! here in BC they just panic and cancelled all surgery and closed all the bars.

My only comment is disbelief.

#63 Another Deckchair on 12.21.21 at 6:22 pm

Hey #52 Bezengy

For cities and driving, look for the TVO “livable cities” series.

And, read up on the “15 minute city” being written about.

Having lived and work in Europe, I’m now 100% sold on the idea.

It makes the argument about WFH and WFW moot, pretty much.

It really hit home when in The Hague, cycling to work was faster than driving. Why drive?? Better for your health, mental state, the environment and your bank account.

#64 Ponzius Pilatus on 12.21.21 at 6:26 pm

#16 crowdedelevatorfartz on 12.21.21 at 3:43 pm
Gee.
The NHL has grown a spine.
Why wont our PM?

https://nationalpost.com/news/nhl-and-nhlpa-are-pulling-out-of-beijing-olympics-due-to-covid-surge-report
————
What you talking about?
There are no players left to play.
All other hockey countries probably will pull out, too.
China will win the Goldmedal by default.
Will go into Chinese history as a Great Victory over the borgeous, decadent West.

#65 Rassy on 12.21.21 at 6:34 pm

The word is that omicron would need to be at minimum 10% as virulent as Delta in order to not result in swamping the healthcare system in Canada due to it’s increased transmisibility. Ignore this at your peril, and we still have tens of thousands of people coast to coast who will be infected in the near future.

#66 Faron on 12.21.21 at 6:37 pm

#36 Dolce Vita on 12.21.21 at 4:36 pm
#9 Faron

Although it’s tempting to get into a pissing match with you, I don’t feel like engaging with the Spicy Italian Club at the moment. I’ll save it for Subway.

I can see how covered call ETNs are tempting with that juicy monthly disbursement. Maybe they are tax advantaged (divvie vs capital gains?) But, for people looking for true capital growth in a registered account, they are a serious burden. USOI was $20 pre COVID and is now 75% less while the underlying is up 15% over that time span. That is a MASSIVE differential. No amount of dividends can compensate for that capital erosion.

A covered call strategy can work when an equity is bubbling about a range (i.e. Russel 2000 most of this year) or there is strong reason to believe that growth is capped when selling OTM calls provides “free money”. But, since the COVID crash, oil and energy equities have trended extremely strongly. In my limited understanding, a terrible environment to deploy a covered call strategy because of the very high risk of those contracts being exercised.

Mine is a crude (no pun intended) assessment, but the share prices bear this out. Again, maybe right for you and your tax needs. Not some magical profit generator unless the fund managers are very good at capitalizing on periods of high iVol that goose netted premium while knowing that upside moves aren’t going to run away. Risky.

If you are going to do covered call, you are probably best off learning for yourself i.e. Sailo or Millmech, or finding a fund who will manage your money and who knows how to trade options well (good luck finding that fund and better luck having sufficient capital to interest them). A blind strategy where contracts are continually rolled will raise you cash, but leave you with no capital in the long run for many asset classes.

W/re Omicron and market flop: no. Omicron has been tracked for a month, equities have priced it and moved on. Yes, there are lock downs, but they will be short lived. Equities are set to rally hard because of the extremely fearful positioning of market participants like yourself. See my Fear/Greed comment yesterday (or the day before). People way way way more in tune than I see the set up as much more late March, 2020 than late Feb, 2020.

#67 Rassy on 12.21.21 at 6:38 pm

Correction to above, “tens of thousands of unvaccinated people”

#68 jim on 12.21.21 at 6:39 pm

Turn off Global News and the contrived Omicron fear. Enjoy your Christmas.

#69 Ponzius Pilatus on 12.21.21 at 6:39 pm

#23 AntMan on 12.21.21 at 4:00 pm
I doubt this ruling would have happened outside of Quebec and their civil code. Common law practiced in the rest of Canada allows for interpretation in light of precedent and often leads to different conclusions.
————
I doubt that.
In Civil Law, there is much more focus on how much the plaintiff is responsible for the accident.
The first thing you notice on construction sites in Europe is the sign “Parents are responsible for their children”.
Common law tort is becoming a monster to administer.
The States is a good example.
Everyone is suing everybody.
There is not a day when Trump does not file a law suit.

#70 SoggyShorts on 12.21.21 at 6:45 pm

#56 Chris L. on 12.21.21 at 5:50 pm

The vaccines were advertised as ninety five percent effective….they did no such thing. The vaccines were designed to make money – only. Now they are useless.

******************
Then why are ICU beds taken by mostly unvaxxed?
You’re wrong, that’s why.

#71 westcoast on 12.21.21 at 6:53 pm

hey garth, i have been going back and forth on this with some friends, was wondering if you can shed some light. so, with canada’s drastic debt that keeps rolling, how is it possible that the bank raises interest rates and puts pressure on the government to pay back its debt at higher interest rates? wouldn’t the government have a harder time paying off this debt with higher interest rates?

#72 Ponzius Pilatus on 12.21.21 at 7:00 pm

#57 crowdedelevatorfartz on 12.21.21 at 6:05 pm
@#38 Short of common sense
“The Canadian forces should be better utilized in helping our health care workers.”

+++

When did our Military Armed Force become the “go to guys” for flood sand bagging, forest fire fighting, Snow storm removal, and pandemic nose wiping?

I thought the whole idea of having a military was to defend our borders and fight for democracy….where ever that may be.

I guess now that a politically correct Liberal Lawyer is in charge of the Forces we’ll see more troops painting Rainbow crosswalks and apologizing while doing it?

Stalin couldn’t have purged our fighting forces better than the Communists currently in charge.

Russia and China are loving it.
————————
When I did my mandatory 6 month stint in the Austrian army, we spent most of our time rescuing people who were snowed in and cleared roads.
We were under no illusion that if the Russians decided to invade Austria, that the resistance, if any, would only last a few days.
But I sure was fit after the 6 months.
I’d support a mandatory 6 months in military for every Citizen after High School.
With no cell phones allowed.

#73 Nonplused on 12.21.21 at 7:11 pm

#5 Chris on 12.21.21 at 3:16 pm

“Also, as some people mentioned yesterday we are team members, not employee’s.”

Oh please….

#74 RichardTO on 12.21.21 at 7:18 pm

@46 Sheesh

>omicron also blows through the immunity that was hard won through a previous infection.

Totally wrong. Not a single case of a naturally immune person who has got COVID twice has been recorded so far (one that stands up to the rigours or PCR and genomic testing). There’s over 130 scientific papers evaluating this and they could not conclusively prove a single reinfection. Similarly, the CDC in the US could not prove a single case of a naturally immune person catching COVID twice. And they have documented over +130 million Americans who have had the virus.
I’m betting it’s possible for someone who, for example has deteriorated since first infection to succumb to re-infection, but right now, it’s so rare, the odds are astronomical.

>2) many studies have shown that the antibodies created from an infection also wane with time.

Antibodies play a almost no role in fighting a viral disease. Why don’t you look up the size of a virus particle, and then compare it to the size of an antibody molecule – orders of magnitude difference in size. Furthermore, if you had at least a year or two of undergraduate biology you would know that antibodies operate outside of cells mostly, whereas a tiny virus binds to the receptors of a cell and quickly injects itself INSIDE the cell, hijacking its molecular machinery. Memory T-cells are what permit cells infected with the virus, to be recognized and destroyed along with the virus. These T-cells persist for decades (for example people who fell sick to SARS-1 in 2003 showed immunity to the substantially genetically different SARS-2 nearly TWENTY YEARS LATER). I bet you never heard that mentioned anywhere? There are people born with genetic defects who cannot produce their own antibodies, for example, yet who survived and developed immunity to COVID. So why are we talking about “antibody levels” again?

There is a deliberate emphasis on antibodies to drive the mRNA injection program. Why? No idea. Reptilians?

Good news is that a T-cell immune test has now been approved for commercial use in the US, which is a far more reliable measure of immunity than antibodies which everyone know vanish in weeks. Here’s the company selling them:
https://www.t-detect.com/

>3) omicron is possibly as infectious as measles. Herd immunity to measles was not achieved until the vaccine.

Measles had an effective vaccine made from “real” live, attenuated virus that effectively prevented re-infection by allowing the immune system to have contact with the entire organism. The mRNA injections are a totally different piece of technology that do not prevent infection or even re-infection, and only train the immune system to respond to one small protein on the surface of the virus – one that mutates the most, hence resistant mutants like Omicron springing up now.

>4) if we’re lucky, it becomes another cold virus.

Over a month of clinical data now available from South Africa. Why are we pretending this is some mystery? Why are we taking cues from the CDC instead of speaking to the healthcare experts in South Africa who are treating Omicron cases in person? Does our Ministry of Health not have ANY experts to operate autonomously, or are they all incompetent/cowards, collectively waiting for someone to tell them what to do? I realize the public sector is staffed with people who are deeply, deeply unimpressive, but I would like to see some more value extracted from the highly paid so-called experts in the bureaucracy.

#75 Biden my time on 12.21.21 at 7:19 pm

I’m so happy to see that ole Joe is handling the virus so much better than that nutcase Trump. Just like he promised … look at the progress he’s made in only one year. Just imagine how much he will have accomplished by the end of his term … that is, if he lasts that long.

He even declared COVID done on their Independence Day!

Good on him! He ain’t afraid of nothing.

#76 Mattl on 12.21.21 at 7:28 pm

This sounds like a problem that could very easily be solved via insurance, costs offset by the employee similar to group benefits.

Not sure why WFH has you so bothered. If it works for you and your team great. If you really believe it’s the best work model, then you should have a competitive advantage. Personally I hope my competitors feel the way you do, because I’m having fun picking off talent that has no interest in water cooler talk and commutes. To each their own, may the best work model win.

#77 NOSTRADAMUS on 12.21.21 at 7:30 pm

DIVISIVE!
I keep hearing, and reading reports, that the Delta mutation, Omicron, is no big deal as far as the financial world is concerned. It has all been baked into the cake so to speak. However, the undeniable reality is that this is the most contagious and the most divisive wave of the pandemic so far. DEVISIVE, short dictionary definition being, dividing or being separated. Something which divides a section of a larger group. A lack of harmony or disagreement. Can one honestly believe that a society separated by harmony or disagreement, bodes well for the current financial and asset valuations today? I for one do not believe so. It is early days, and the jury is still out as to seriousness of this unknown pathogen. Sleep tight my beauties.

#78 Mattl on 12.21.21 at 7:32 pm

Regarding AC, these call centre agents should be in the office. 4 hour + hold now to get an agent. The model does not work for them and shame on them for not moving to DIY, self serve, chat, email support, etc. They have far bigger CS issues then barb falling down the stairs.

#79 Triplenet on 12.21.21 at 7:32 pm

So Air Canada legal team sought a legal opinion – and they got one.
Now they can formulate and deliver WFH policy.
Of course we all knew that was the plan.
Didn’t we?

#80 wsib, workrs Comp is another government scam on 12.21.21 at 7:34 pm

I hope she is happy. The WSIB and workers compensation is another government social crap program that only adds to the higher cost of wages, prices and inflation, cost of living. It only really benefits government bureaucrats and government addicted, socialists like Liberals, NDP. If the social program lovers want a protection plan from injury at work, home wherever, they should pay out of their pay cheque or out of their own bank accounts. It is Quebec, so I am not surprised.

#81 Nonplused on 12.21.21 at 7:40 pm

“Well, Alexandria just won her case. A Quebec judge ruled it was, in fact, a work-related injury and she needs to be compensated.”

Seems to me there is something deeply flawed with that ruling. Should not a work-related injury involve some sort of work related hazard? If this ruling becomes precedent there will be people mysteriously falling down all over the place, whether at work or at home.

And why do you need 2 years of worker’s comp for a hip injury when you have a desk job?

I think this differs enormously from someone who has to go door to door and slips on some ice, as the ice does represent a work related hazard. But your own stairs?

What if she falls on the stairs when not working, but then logs in and says she suffered the injury on the way to her work station? Where does it end? Does any injury suffered in the home become work related if there happens to be a company laptop on the property?

Smells like another government approved scam to me.

#82 Garth's Son Drake on 12.21.21 at 7:47 pm

This ruling is a big problem for employers and all of the sudden a massive liability risk.

The laws are going to need to adjust so that employers are only required to provide a safe work place for the buildings the employer owns with the choice for employees to utilize these safe employer owned workplaces and if choosing to work from home instead of on an employer work site than employees assume risk and liability for providing themselves with a safe building.

If this doesn’t change you are going to see claims for employers to start retrofitting homes to get rid of things like mould, high end hepa cleaning systems…where does it end? In fact, this could cover all of my expensive renovations, you know, because of safety in the workplace.

Lastly, give it up for BC as today they just announced that getting a booster for most adults is going to take longer than the rebuilding of the Coquihalla. We should have them by March. While Biden said today “get a booster now” and Ontario and Alberta have opened up boosters for anyone 18+, BC is asleep at the wheel and going on holidays.

Those Interior numbers are a bit low right now. Any coincidence that this is because the highways have been shut down to non-essential covid spreaders? You know, the one’s Big White’s Ballingall want coming in from the Lower Mainland to spend money at his resort.

Well now that they just opened the highways for anyone to travel on from Vancouver to the Interior the tidal wave of new infections hitting Vancouver will be in the Interior in a matter of days. Mark my words.

And then after the Christmas holidays everyone is going to start freaking out with case counts.

BC probably just put the order in now to try and get some vaccine stock for Spring. Merry Xmas.

#83 Is anybody listening? on 12.21.21 at 7:50 pm

6 covid patients in 7 Greater Toronto ICU’s! Must be over whelmed.

https://unityhealth.to/patients-and-visitors/covid-19/#covid-19-cases-at-unity-health-toronto-block_60070e3f12217

https://www.sinaihealth.ca/covid19/

https://www.uhn.ca/Covid19#

#84 Big Bad Employer Who Fires Everybody on 12.21.21 at 7:56 pm

Air Canada falls under federal regulations.

God help us and our massive profits if a ruling like this happens to an employer at the Provincial level.

Always remember, slow to hire, quick to fire.

#85 KaleyCat on 12.21.21 at 8:06 pm

They will make the WFH folks contractors. Then they’ll be responsible for their own WCB. Unwinding my travel plans last year meant a call to British Airways. The “employer” was a contractor in Liverpool. working from home. In most of Canada this type of accident would be seen as a legitimate WCB claim.

#86 Chopstix on 12.21.21 at 8:13 pm

Watched Jim Cramer tonight ( Mad Money on CNBC)…was very interesting …and unsettling esp given he’s normally a very optimistic person…..he was using data from a commodities expert Carley Garner who’s supposedly quite accurate in her predictions…he pulled up a bunch of charts about resistance levels and so forth and what corrections could move down to occur if certain levels were tapped…seems this market can’t last as we all know…..in her opinion early next yr a more major correction might begin to happen.
https://www.cnbc.com/2021/12/21/jim-cramer-charts-suggest-sp-500-may-not-be-as-strong-in-2022.html

#87 crossbordershopper on 12.21.21 at 8:17 pm

work work work, i dont know why people do it, interupts your life totally.
i only do it when i need money, otherwise im against it.
eventually she will be layed off, offshore and automation.

#88 Sydneysider on 12.21.21 at 8:18 pm

Daryl, don’t leave a 5 year old alone with an English bulldog.

#89 Elon Fanboy on 12.21.21 at 8:24 pm

#56 Chris L. “The vaccines were advertised as ninety five percent effective….they did no such thing”.

They were 95% effective against the original Alpha virus.

Which bit of ‘viruses mutate’ don’t you understand?

#90 espressobob on 12.21.21 at 8:27 pm

To all the anti vaxxers, please reconsider. Be a trooper and protect the rest of us.

And don’t forget a booster.

#91 When Will They Raise Rates? on 12.21.21 at 8:31 pm

if the woman had not happened to be working from home, or on that day, or that afternoon, then she might not have taken the stairs, or have been hungry at that moment. 

—————-

Seems to me the judge in this case is playing fast and loose with the “but for” test… A huge stretch IMO… I could apply that logic in a million different equally ridiculous ways.

It reminds me of those cases in the states where the burglar injures himself while breaking into a house, sues the property owner and wins.

#92 Summer Slam on 12.21.21 at 8:46 pm

Great job Garth!

85 comments and not one arrogant reply from you!

Keep up the good work. See when you put your ego aside you can actually be civil and human.

Must be a Holiday miracle.

#93 Drinking on 12.21.21 at 8:56 pm

It happened in Quebec and was a Air Canada employee, lol, I am not saying anymore about that???

The numbers, ah the numbers, from China to Russia the case numbers are ridiculously low, Sweden as much as B.C. are in their own land of illusion which by the way BC is shutting down again. They will probably shut down interprovincial travel soon even though TMX contractors and others managed to get the Coch open in record time, clap, clap, clap to all of you; excellent work!!

Omicron does not seem to be as bad, for one most of us either have had Covid or had our Comrade shots; time will tell but it seems humans are adjusting to it, mind you the deers will tell a difference.

Since that Volci guy thinks that we are all “You are like your typical no knowing Right Wing N. American, like Turner Nation, that doesn’t know the difference between Sh!t and Clay, yet can type”, so what, you have your opinion and we have ours, have another sip of that wine! Last time I checked Garth is a Canadian, North American!

#94 mike from mtl on 12.21.21 at 8:56 pm

#89 Elon Fanboy on 12.21.21 at 8:24 pm

Which bit of ‘viruses mutate’ don’t you understand?
///////////////////////////////////////////////////////////

The part where it is the only official solution and forced upon everyone, despite reality showing otherwise.

#95 the jaguar on 12.21.21 at 9:08 pm

Wooo wee! Murray Edwards & Co just pulled the plug on the new mega entertainment venue in Calgary. Fed up with the new woke mayor’s strident bullsh_t. Just yesterday she was beaking off about Quebec’s internal affairs, not just expressing an opinion but looking to utilize Calgary taxpayer funds. Now the plug being pulled on the new venue due to increased costs, some related to ‘climate change requirements’. MERCY!
Thank you Murray. Well deserved ‘snap out of it slap’ that needed to be delivered. (Moonstruck reference).
This is no coincidence. Can we impeach a Mayor?

#96 crowdedelevatorfartz on 12.21.21 at 9:13 pm

@#72 Ponzies Praetorian Patrols

“I’d support a mandatory 6 months in military for every Citizen after High School.
With no cell phones allowed.”
++++

I agree with one exception.
12 months. Mandatory.

#97 crowdedelevatorfartz on 12.21.21 at 9:18 pm

Hmmm
Tonight’s Global TV “News”

Breathless numbers of how much the Omicron virus is growing in BC.
1200 new cases today! The highest daily increase yet!

Hospitalizations….. down.
1 new death.

The media should be hammered for their sensationalistic horsesh!t.

Oh right.
Viewership and readership plummeting year after year.
karma.

#98 Sheesh on 12.21.21 at 9:18 pm

#74 Richard TO

‘Antibodies play a almost no role in fighting a viral disease. Why don’t you look up the size of a virus particle, and then compare it to the size of an antibody molecule – orders of magnitude difference in size’

WRONG!

Antibodies contribute to immunity in three ways: preventing pathogens from entering or damaging cells by binding to them (neutralization); stimulating removal of pathogens by macrophages and other cells by coating the pathogen (opsonization); and triggering destruction of pathogens by stimulating other immune responses.

They are important in preventing infection in the virus from entering cells in the first place. The fact that you think that size matters tells me how much you actually know about this stuff. Lol.
…….
‘Over a month of clinical data now available from South Africa. Why are we pretending this is some mystery?’

Because we can’t extrapolate from a country with a much younger demographic who would be expected to have milder disease anyway.
……….
‘Totally wrong. Not a single case of a naturally immune person who has got COVID twice has been recorded so far (one that stands up to the rigours or PCR and genomic testing)’

Also wrong. Nuts to you: https://www.thelancet.com/journals/lancet/article/PIIS0140-6736(21)00575-4/fulltext

This study found that a previous infection was about 80% effective at preventing reinfection. (Pre omicron)
There are others.

It’s also kinda funny to hear an antivaxer refer to the ‘rigours of PCR testing’. Don’t you guys also believe that the PCR test can’t differentiate between SARS Cov 2 and influenza?

Anywho, the antixaxer ‘proof’ that you are regurgitating does not stand up to scrutiny.

#99 crowdedelevatorfartz on 12.21.21 at 9:29 pm

@#92 Winter Solstice
“85 comments and not one arrogant reply from you!”

+++++

You sound disappointed.
Perhaps it’s the lack of sunlight.
Or just light.
I have a solution.
Put a lit lightbulb in the toilet so the next time you need to have a “movement” you truly will have light shining out of your ass.

#100 Barb on 12.21.21 at 9:44 pm

#92 Summer Slam

What an unkind thing to say to our host.
Totally unjustified!

#101 Shawn allen on 12.21.21 at 9:48 pm

WCB claim at home?

Well has anyone mentioned that Air Canada was most likely still paying the WCB premiums? It’s WCB that faces the bill here not Air Canada although their accident rate and premiums could go up,

It’s only fair that WCB pay up for work from home injury if they are taking in the premiums.

No issue here. Carry on.

#102 meslippery on 12.21.21 at 9:50 pm

#5 Chris is right”

Our jobs are already being automated and offshored and it will continue regardless of whether we are in the office or not.
—-
https://www.youtube.com/watch?v=W3LvZAZ-HV4

#103 Elon Fanboy on 12.21.21 at 9:51 pm

#94 Mike from Mtrl “ The part where it is the only official solution and forced upon everyone, despite reality showing otherwise.”

What reality are you referring to? The reality that basically every hospital/ICU on the planet dealing with Covid patients is seeing the minority (unvaxed) being the majority in their wards?

Folks whining about changing vaccine efficacy remind me of 5 year olds complaining they ain’t gonna get a pony for Christmas.

Just be glad we have a vaccine at all.

#104 Chris L. on 12.21.21 at 9:52 pm

DELETED (Anti-vax)

#105 Chris L. on 12.21.21 at 10:14 pm

DELETED (Anti-vax)

#106 IHCTD9 on 12.21.21 at 10:24 pm

Going country was the best thing Darius Rucker ever did.

https://www.youtube.com/watch?v=Im5N-0ZNf14

#107 Cici on 12.21.21 at 10:29 pm

#18 Dolce Vita on 12.21.21 at 3:50 pm
Another drag on the economy will be the number of unfilled jobs in Canada.

This was mind blowing to read:

“Across all sectors, the total number of job vacancies reached an all-time high of 912,600 in the third quarter of 2021, more than 349,700 (+62.1%) higher than in the corresponding period in 2019.”

https://www150.statcan.gc.ca/n1/daily-quotidien/211220/dq211220a-eng.htm?HPA=1

Why mind blowing…

Labour Force size Nov. 2021:

20.56 million.

Unemployed:

1.244 million. [How is this possible?]
_________________________________

How is it possible? For the most part, my bets are on huge housing gains. At lot of peeps in Vancouver and Toronto have cashed out at all-time highs in the past year and a half, buying up again in lower-priced jurisdictions with a ton of spare change left over, and more than enough to call it quits forever. Or they’ve HELOCed the principal residence, bought up a few spare houses (or more) and are playing the amateur landlord game.

And I kid you not, I know of 20-year old kids WITHOUT JOBS, degrees or completed training programs who pocketed the CERB freebie and used it for a down payment on a condo, courtesy of a co-signature from the Bank of Mom.

And then there are all the Bitcoin millionaires…

When they print that much money while keeping the credit spigots wide open, in turn making one select group of asset holders stinking rich without any effort, it should come as no surprise why there are so many job vacancies.

#108 RichardTO on 12.21.21 at 10:43 pm

@98 Sheesh

I’m aware of the Danish study (it’s from 2020) and it’s widely considered unreliable because of the reliance on the troubled PCR testing only, which has a very poor track record of false positives among healthy people.

That’s why a PCR test must be followed with a genomic test, and ideally the T-cell test. No reinfections were recorded that stand up to the rigours of at least a two-pronged assay.

>Antibodies contribute to immunity in three ways.

They play almost no part in viral infections. The principle defence during an active viral infection are the various T-cells.

Once you’ve lost your argument, a quick anti-vaxxer smear, a final gasp.

You’ve done a very poor job of convincing anyone to your cause. What is your cause? If you have a debilitation fear for your life, wear a helmet outside in addition to your N95. Or just stay inside. I rate your performance tonight a 2/10 and that’s generous.

#109 Sniffles on 12.21.21 at 11:06 pm

Omicron…now just a common cold?

>
Coronaviruses are a family-level designation, two steps up from species. One step up from species is genus, and there are four coronavirus genera (alpha, beta, gamma, and delta). SARS-CoV-2 is a member of the beta coronaviruses, a genus that includes subjects of prior pandemic fears like SARS-CoV-1 and MERS. But it also includes two species that are less threatening and more annoying: HCoV-OC43 and HCoV-HKU1, which are collectively the second-most common cause of cold-like symptoms.

#110 Cici on 12.22.21 at 12:08 am

@ #41 Armpit on 12.21.21 at 4:48 pm

The infection rates are more important than death rates because this variant is so highly transmissible that even if it really is milder in the average human host, those with co-morbidities or other underlying health problems could get seriously sick and very fast, placing hospitals under enormous pressure.

It’s all about hospital capacity. And hello, a huge percentage of the North American population has co-morbidities like diabetes and other auto-immune diseases. So letting this thing rip like wildfire could be a very, very bad idea.

#111 Calguy on 12.22.21 at 12:18 am

One of the big reasons the NHL pulled out of the Olympics is the ridiculous quarantine period if a player tests positive. It is nice to see some players speak up on current testing. Even Kevin Bieksa on CBC told viewers it’s a joke that players are better in 24-36 hours. Steve Yzerman, GM of Detroit called to end testing on vaccinated players. Nfl looks genius on their new strategy. Hopefully time will tell.

#112 slick on 12.22.21 at 12:20 am

#16 crowdedevartorfartz
Gee.
The NHL has grown a spine.
Why wont our PM?

https://nationalpost.com/news/nhl-and-nhlpa-are-pulling-out-of-beijing-olympics-due-to-covid-surge-report
—————-
The nhl didn’t grow a spine.
They were lucky enough that the omicron variant spread and did the dirty work for them. They should have bowed out when the virus was first released on us.

#113 Steven Rowlandson on 12.22.21 at 2:42 am

Workers who are not part of the privilegencia are unlikely to be protected by this ruling. At best they will get token assistance on a take it or leave it basis.

#114 Al on 12.22.21 at 2:53 am

Good to see our host hasn’t lost his proclivity for the WFH crowd…will he go for a triple header…lol

#115 Jack Lane on 12.22.21 at 2:58 am

Is Trudeau concerned about our Oil and Gas industry or not? He put an “activist” to work on his promise of ” were going to phase out the tar sands”, his words not mine. We know that media is avoiding the reportings if extreme hardship that Canadian families are experiancing from the mass job loss. There’s so little coverage if the carnage that you’d think it didn’t exist. In fact it does.

Thousands of missed mortgage payments and losses on down the line. At least when another Liberal government killed off the East Coast fishery they had welfare cheques hand delivered, the talk of actually delivering assistance is loud, but the delivery is zero. People are suffering, big time, and nobody cares to talk about it, why?

We have international actors attacking Canadian revenue and jobs. You’d the a PM would step in, but no. Just today Norway, who has been very vocal against Canadian energy vs its own massive industry, buys Lundin, for 14 bullion, to shore up their own reserves into the future.

But Lundin in Canada is attacked by Norway, disinvested by Norway’s trillion dollar investment arm, but the PM says nothing on the blatant foreign interfearance ? Did Norway just drive Lundins price down in order to buy it cheap? Crickets from Trudeaus Minister of Resources or our SEC.

We know that hundreds of millions in foreign lobby crosses the desk to attack Canadian interests. Is the Canadian government only there to feted at COP or are they there to protect Canadian interests? When protesters force insurance companies to disinvest in Canada and our government doesn’t highlight highlight the same industry in Saudi, Venezuela, Senegal, Nigeria etc, why is it OK there, but attacked into shutdown in Canada? Makes no sense.

#116 Joe Lalonde on 12.22.21 at 4:09 am

Criminal liability is being mandated illegally.

https://www.howestreet.com/2021/12/action4canada-notices-of-liability-saving-lives-saving-jobs-tanya-gaw/

#117 Another Boomer on 12.22.21 at 5:53 am

This court ruling is similar to one just concluded in Germany. Similar circumstances.
https://www.cnbc.com/2021/12/13/german-court-rules-the-walk-from-your-bed-to-desk-counts-as-a-commute.html

#118 crowdedelevatorfartz on 12.22.21 at 7:52 am

@#111 Slick
“The nhl didn’t grow a spine.
They were lucky enough that the omicron variant spread and did the dirty work for them. They should have bowed out when the virus was first released on us.”

+++

True.

But being first out of the gate has far better optics than being last in a politically correct stampede.

I expect Trudeau to do the obvious at the 11th hour and 59th minute.
After the rest of the world has shown him the way.

#119 crowdedelevatorfartz on 12.22.21 at 8:17 am

@#109 CiCi

“So letting this thing rip like wildfire could be a very, very bad idea.”

+++
Odd.
I thought the really “bad” versions of the virus over the past two years took out most of the susceptible people already. ( elderly, obese smokers who are diabetics and have other medical issues like cancer, MS, you name it.)
Now all that’s left are the really loud , really stubborn anti vaxx’ers that continue to spread the virus because they believe internet rumors over science.

If a few loud and stupid people are “silenced”.
C’est la mort.
Darwinian Law at it’s most basic.

Omicron is a bad flu. But hardly Death walking the countryside killing everything it touches as our media breathlessly report.
Get a booster or don’t.
I really don’t care.
As for the overflowing hospitals with record Omicron infections…..
Fact.
Hospitalizations….are dropping.
Fact.
Death rates are dropping.

Never underestimate the ability of the media to hype a story to sell….advertising.

Dog bites Man! Boring.
Man bites Dog! Sells.

It’s been two years of the smoke and mirrors inept babbling from our PM to get our minds off the fact that he has destroyed the Canadian economy with hundreds of billions of taxpayer dollars urinated in the wishing well of socially aware promises.

Covid?
Pfft.
Minor in the grand scheme of things.

The massive Debt will haunt Canada for at least two generations if not eventually destroy this confederation.
Quebec doesnt talk Separation when the economy is good. They compalin when times are hard.
And times are going to get very hard.
If Quebec is allowed to leave…. how long before Alberta is down the road?
Then BC, Ontario….. and then the Maritimes (cut loose without equalization payments…the horror).

Yep.
Sox and Butz really showed us how to ruin a country without firing a shot.
Just give everything to everyone and watch the whole house of cards burn.

#120 crowdedelevatorfartz on 12.22.21 at 8:35 am

Reuters
An information agency that sells to the Media.

How the Media relates that news to you is up to the advertising dollars.

https://www.reuters.com/article/us-health-coronavirus/south-african-study-offers-omicron-hope-as-countries-reimpose-curbs-idUSKBN2J1081

“The authors found that the risk of hospital admission was roughly 80% lower for those with Omicron, and that for those in hospital the risk of severe disease was roughly 30% lower. ”

80 percent fewer hospitalizations for those WITH Omicron……

You’re not hearing that on the 6pm “news” …. just the daily infection rates.

I noticed that the 6pm “news” has also downplayed the hospitalization rates and death rates ( because they’re dropping?).

Advertising revenue.

#121 Phylis on 12.22.21 at 8:53 am

Maybe the owner of the property should be required to eliminate the hazard any pay for a stairlift.

#122 Dharma Bum on 12.22.21 at 9:55 am

Doug Ford goes to his cottage to avoid anti vax protest at his house.

https://toronto.ctvnews.ca/ontario-premier-doug-ford-can-t-get-into-his-home-due-to-anti-vaxx-protesters-outside-spokesperson-1.5714974

A gutless move for a guy with an immense gut.

Oh, the irony.

#123 Grim Reaper on 12.22.21 at 10:23 am

I wonder what the pandemic will do for the long term projections of average human life span numbers?

The old in fear.
The young overdosing (BC average OD death age 43)
The increase in smoking cigarettes.
The huge increase in smoking weed.
The alcohol consumption.
The medical diagnosis neglect.
The medical treatment neglect.

What would you estimate?

I’m estimating 25x the deaths of Covid from above alone.

#124 westcdn on 12.22.21 at 10:32 am

I don’t like Fauci. He strikes me as compromised and is the type of bureaucrat that makes me want to retch. To make things worse, he has hoards of disciplines in the health industry. Yes, health care is an industry. When you only have a hammer in the tool box, every problem looks like a nail. What happened to critical thinking among our unelected public health officials that our weak kneed elected leaders are going to use as fall persons (dog, I despise PC).

I think people know there are only 2 outcomes when you get sick, you live or you die. So the best solution is not to get sick in the 1st place hence the pushing of vaccines. Unfortunately, vaccines against viruses have a short shelf life. People have always had to “live” with viruses but that does not give me the right to pass it onto you. Keep your natural immune system topped up folks.

There will be the irresponsible and criminals as long as people can make choices. Chair Mao or Stalin is not for me. C’est la vie. I do not want a vested interest with that group.

The volatility in the equity markets is something to behold, eh? I am hoping Biden’s BBB plans stay in the ditch and then T2 may be motivated to care of business.
If I start buying options again, my bias will be toward puts. I found that trailing stops were ineffective during the GFC when gap downs occurred regularly. FWIW, my advice is loosen up your stops if you use them till the volatility goes away.

#125 Sheesh on 12.22.21 at 10:36 am

#108 RichardTO on 12.21.21 at 10:43 pm

By using your logic we can assume that any cases in vaccinated people are also not proven, if they were determined by faulty pcr testing and were not followed by a genomic test. Well, that improves the stats greatly.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7550103/

Btw, have you read those 130 studies? I took a look. Here’s a ‘cherrypicked’ quote from one of them.

“In this cohort, symptoms lasted for a median of 12 days (0–44 days) during the acute phase, and 10 (11%) of the participants were hospitalized. Consistent with other reports 2,3, 38 (44%) of the participants reported persistent long-term symptoms attributable to COVID-19”

Sounds like the process of gaining natural immunity is lots of fun!

Several others found no difference in infection rates between vaccinated people and those with prior infection. (You know that the body also produces B and T cells in response to the vaccine, right?).

A very large number of them looked at levels of antibodies following infection, which seems strange given that you claim ‘antibodies are almost useless against viruses’

From several of your statements it is apparent you don’t have the extensive background knowledge needed to properly assess the information you are reading. You are unaware of the gaps in your knowledge.

In closing, since you are firmly entrenched in your position and no amount of evidence will convince you otherwise, the only thing left for me to do is to point out the flaws in your reasoning.

#126 Sheesh on 12.22.21 at 11:03 am

#54 No R/C IMO on 12.21.21 at 5:45 pm

Here is the data from SA: not peer reviewed yet, because we’ve known about omicron for just a month.
https://www.medrxiv.org/content/10.1101/2021.11.11.21266068v2

The anti vax crowd first stated that reinfections do not occur. When evidence emerged that they do occur, they moved the goalposts to demand proof of genomic testing. Here is a case study: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7550103/
Remember that an absence of evidence is not evidence of absence, and since the vaccines have become available this area of study hasn’t been particularly important.

#127 RichardTO on 12.22.21 at 11:15 am

@123 westcdn

>I think people know there are only 2 outcomes when you get sick, you live or you die. So the best solution is not to get sick in the 1st place hence the pushing of vaccines. Unfortunately, vaccines against viruses have a short shelf life. People have always had to “live” with viruses but that does not give me the right to pass it onto you. Keep your natural immune system topped up folks.

The only problem with your reasoning is this is not a conventional vaccine. A “vaccinated” person has been shown to carry as much viral load as an unvaccinated person, and infect the next “vaccinated” person. So you’re not getting the mRNA injection for anyone but yourselves and your own personal, immune system performance. So we can finally cut the crap talk about doing it to protect others. Society has not been accurately, or responsibly informed about the mechanics here.

One thing we know now that we did not know in 2020, is that asymptomatic spread has been thoroughly, thoroughly debunked. The only people walking around, shedding the virus are those that are visibly sick, aka symptomatic. Which makes isolating them a lot easier and more rational than asking all of society to shut down and shelter. Most people are responsible and will stay home for a regular cold, nothing has changed here. So why are they still insisting on widespread lockdowns?

#128 Ontario on 12.22.21 at 11:23 am

4383 cases in Ontario today. I think this means we’re going back to prison soon.

3243 fully vaccinated

3 out of 4 cases are vaccinated, which is interesting because 3 out of 4 people are vaccinated in Canada.

I’d like to praise the passports and the restrictions.

Is it politically incorrect to ask what has happened to the flu and the common cold? Have we killed both off?

Finally, in spirit of reporting big numbers over longer period because we totally need to know on daily basis about those who had Covid two years ago, I’d like to do some personal reporting.

731 – number of bananas I’ve eaten since pandemic started.

1470 – number of coffees I drunk since pandemic started

3658 – number of toilet visits I’ve made since pandemic started.

15,120,000 – number of breaths I’ve taken since pandemic started.

75,600,340 – number of heart beats I had since pandemic started.

1,476,322,101 – number of minutes of misinformation on main stream media that have been broadcast since pandemic started.

33 – number of days we banged our pots for our front line workers before we got tired of it and were in full support firing them because they wouldn’t agree to be vaccinated.

#129 Dr V on 12.22.21 at 11:27 am

91 Rates

“It reminds me of those cases in the states where the
burglar injures himself while breaking into a house, sues the property owner and wins.”

It’s called “duty to trespassers” and the principle is that “traps” are not permitted. Keeping your property in an
orderly manner helps to keep bonafide users (ex
couriers) safe, as well as inocent and lawful trespassers.

Back in the 80s Colorado passed the “Make my day” law that tilted back in favour of the homeowner. I think it let you shoot people.

https://www.shouselaw.com/co/defense/legal-defenses/self-defense/

#130 westcdn on 12.22.21 at 11:38 am

I could have added a couple of my favorite adages to my previous comment about choice.

“If you are unwilling to take care of yourself, someone else will (for a fee)”

“Often, a good defense is a good offense”

I do acts of stupidity. They still are life lessons and point out my limitations. I left my wallet on a counter and someone took it – probably wanted cash. The person must have been disappointed because I seldom carry cash, maybe $10 just in case if I remember.
I figure someone young as none of my cards were exploited – due to a lack of knowledge?

Anyway, I have lots of stuff to do to restore my life and mitigate damage. What a pain.

#131 Don Guillermo on 12.22.21 at 11:41 am

#95 the jaguar on 12.21.21 at 9:08 pm
Wooo wee! Murray Edwards & Co just pulled the plug on the new mega entertainment venue in Calgary. Fed up with the new woke mayor’s strident bullsh_t. Just yesterday she was beaking off about Quebec’s internal affairs, not just expressing an opinion but looking to utilize Calgary taxpayer funds. Now the plug being pulled on the new venue due to increased costs, some related to ‘climate change requirements’. MERCY!
Thank you Murray. Well deserved ‘snap out of it slap’ that needed to be delivered. (Moonstruck reference).
This is no coincidence. Can we impeach a Mayor?
***************************************
She went from Jyoti Gondek to Greta Gondek right after the votes were tallied. Sigh!

#132 NUMB...ERS on 12.22.21 at 11:48 am

“Covid! Health Care Workers, YOU ARE HEROES! Stay on the job and risk your lives for us!”

…fast forward a few months…

“Covid! Health Care Workers, YOU ARE FIRED! …unless you get vaccinated!”

…fast forward a few months…

“Covid! Health Care Workers, YOU CAN STAY! …even if you’re not vaccinated, because the system will fold if we fire even the few of you. We say it’s a few, but no one really knows how many of you we’d have to fire if we kept our threat.”

…fast forward a few months…

“Covid! Health Care Workers, if you have Covid, you can come to work!”

https://www.theglobeandmail.com/canada/article-quebec-hospital-workers-with-covid-19-to-stay-on-the-job/

“The Quebec government is floating the idea of asking asymptomatic health care workers to stay on the job if they test positive for COVID-19, while other provinces are considering test-to-stay strategies as a means of keeping the fast-spreading Omicron variant from putting a critical mass of nurses and doctors into quarantine.”

WHAT (IN) THE (ACTUAL) FORK?

Up is down.
Left is right.
Wrong is right.
No two sexes.
Day is night.
Blue is Red.
Crypto is money.
Nature is wrong.

Here, eat this piece of pulp paper byproduct.

It’s strawberry flavoured with chemicals and artificial colours.

From now on when I say strawberry – this is what it means. Understood?

#133 Penny Henny on 12.22.21 at 12:03 pm

#5 Chris on 12.21.21 at 3:16 pm

“Also, as some people mentioned yesterday we are team members, not employee’s.”

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

I was joking.
Back to work, worker.

#134 KLNR on 12.22.21 at 12:04 pm

@#110 Calguy on 12.22.21 at 12:18 am
One of the big reasons the NHL pulled out of the Olympics is the ridiculous quarantine period if a player tests positive. It is nice to see some players speak up on current testing. Even Kevin Bieksa on CBC told viewers it’s a joke that players are better in 24-36 hours. Steve Yzerman, GM of Detroit called to end testing on vaccinated players. Nfl looks genius on their new strategy. Hopefully time will tell.

lost a lot of respect for yzerman.
being vaxxed doesn’t mean you can’t still spread it.

#135 Faron on 12.22.21 at 12:18 pm

#126 RichardTO on 12.22.21 at 11:15 am

I hope this guy keeps firing his hot COVID takes. Sounds like he’s a “do your own research” kinda guy. What a star.

#136 SunShowers on 12.22.21 at 12:34 pm

#81 Nonplused on 12.21.21 at 7:40 pm
I think this differs enormously from someone who has to go door to door and slips on some ice, as the ice does represent a work related hazard. But your own stairs?

What if he fell down the customer’s stairs then? He’d still be covered by WCB. Since it seems that stairs are indeed a work related hazard, what’s the difference between a customer’s stairs and your own when working from home?

#137 Victor Maitland on 12.22.21 at 12:34 pm

Does natural immunity work for rabies too? My cats are wondering – they hate needles. I’m willing to try it, but I’d only do so after carefully consulting the immunology experts selflessly offering free advice in various comments sections all over the Internet.

#138 Sheesh on 12.22.21 at 12:36 pm

#126 RichardTO on 12.22.21 at 11:15 am
@123 westcdn

>I think people know there are only 2 outcomes when you get sick, you live or you die.

There is actually a third outcome, you live but with long lasting or permanent disability. Long covid is not insignificant, and there are also those who suffer organ damage as a result of their infection – blood clots (causing strokes), myocarditis, pericarditis are all much more common from an infection than from a vaccine. Not to mention lung damage.

While the vaccinated may have the same viral load, what is interesting is that the virions expelled by them are not as ‘fit’ as those expelled by the unvaccinated, because they have been affected by the immune response. I expect that the virions expelled by a person with a reinfection would show the same reduced ability to infect.

Ps. Asymptomatic spread has not been debunked.

#139 SunShowers on 12.22.21 at 12:38 pm

#82 Garth’s Son Drake on 12.21.21 at 7:47 pm
“The laws are going to need to adjust so that employers are only required to provide a safe work place for the buildings the employer owns.”

Good job, you’ve completely eliminated workplace protections for literally every single tradesperson.

#140 No R/C IMO on 12.22.21 at 12:39 pm

#125 Sheesh on 12.22.21 at 11:03 am

Here is the data from SA: not peer reviewed yet, because we’ve known about omicron for just a month.
https://www.medrxiv.org/content/10.1101/2021.11.11.21266068v2

The anti vax crowd first stated that reinfections do not occur. When evidence emerged that they do occur, they moved the goalposts to demand proof of genomic testing. Here is a case study: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7550103/
Remember that an absence of evidence is not evidence of absence, and since the vaccines have become available this area of study hasn’t been particularly important.

——–

Have you ever in your life had the flu and cold in the same 12 month span? Maybe in the same winter season?

Anybody ever sequence your flu and cold back then?

#141 Faron on 12.22.21 at 12:55 pm

@Dolce, how’s that Omicron weighing on markets thing doing?

ZM -3 %
APT -2%
PTON -4%
AC +.75%
CCL +4%
AAL +1.7%

Even profitless garbage is picking up steam. Just wait until Omicron peaks in a week or so… And herd immunity is more or less in… and the economy actually opens up…

Also, weather has been very very warm in the US. Pleasant even. Great shopping weather. No ice, no snow etc. Okay, couple of tornadoes. Not going to hurt consumer spending in most places though.

#142 Sail Away on 12.22.21 at 12:56 pm

#127 Ontario on 12.22.21 at 11:23 am

Re: Covid spinoff statistics

——–

Cool. The Sail Away group will always have a soft spot for Covid. By the numbers, for 2020-2022:

Change to Sail Away clan Canadian dollars: +46%

Change to overall net worth: +24%

Reduction in stress level: -31%

Additional vacation / hunting time: +14%

New financial strategies employed: 3 (Heloc investing, covered calls, arbitrage)

Knowledge gained: priceless

#143 Bob Dog on 12.22.21 at 1:24 pm

What ever happened to that clown always beaking off about Canadians playing with fire when buying up overvalued housing. He must have been under the delusion that Canada was some kind of legitimate country.

We all know Canada is just a commodity traded pro profit on a globalized market. So are Canadians.

#144 RichardTO on 12.22.21 at 1:55 pm

@137 Terrified for his Life

>Long covid is not insignificant, and there are also those who suffer organ damage as a result of their infection.

Long Covid is not a known or described medical condition. It’s more fear porn. I suspect it’s a mixture of hypochondria along with some physical after-effects of the body clearing residual spike protein (the harmful part of the virus) from various tissues.

Unfortunately for your fear-porn, the mRNA vaccines flood the body with a greater dose of the harmful spike protein than a natural infection which only takes place in on the surfaces of the bronchi and trachea.

So if you’re whipping up FUD (fear, uncertainty and doubt) about long Covid, you’re going to be terrifying THE HELL out of people who accepted as many as 3-4 mRNA injections, which produce spike protein for a poorly understood duration and rate.

If I were a stakeholder in the mRNA vaccine program, I would have you muzzled for sowing the seeds of doubt in mass vaccination.

#145 Reynolds753 on 12.22.21 at 1:57 pm

This is for comment #108 Richard TO

Do you have any particular background in virology or immunology? I am guessing that you do not. The following is taken from the British Society of Immunology.

* Firstly, the antibodies neutralise the virus, meaning that it is no longer capable of infecting the host cell.
* Secondly, many antibodies can work together, causing virus particles to stick together in a process called agglutination. Agglutinated viruses make an easier target for immune cells than single viral particles.
* A third mechanism used by antibodies to eradicate viruses, is the activation of phagocytes. A virus-bound antibody binds to receptors, called Fc receptors, on the surface of phagocytic cells and triggers a mechanism known as phagocytosis, by which the cell engulfs and destroys the virus.
* Finally, antibodies can also activate the complement system, which opsonises and promotes phagocytosis of viruses. Complement can also damage the envelope (phospholipid bilayer) that is present on some types of virus

#146 Ontario on 12.22.21 at 1:58 pm

#141 Sail Away on 12.22.21 at 12:56 pm

Re: Covid spinoff statistics

——–

Cool. The Sail Away group will always have a soft spot for Covid. By the numbers, for 2020-2022:

Change to Sail Away clan Canadian dollars: +46%

Change to overall net worth: +24%

Reduction in stress level: -31%

Additional vacation / hunting time: +14%

New financial strategies employed: 3 (Heloc investing, covered calls, arbitrage)

Knowledge gained: priceless

——–

Freud would say you put these in order of priority and importance in YOUR life.

Strange that you put time benefit at #4 and wealth you can’t take with you beyond this life at top 2 spots.

Also, may I point out that +46% in Canadian Dollars is impressive, but what if Canadian Dollars is -100% in buying power?

The game is rigged S.A. Everyone loses. In the end, they get it all.

I wonder if consequences of a billionaire’s death are any different than consequences of death of an ordinary person? Beside of course all the greedy vultures circling to get a piece of the will scraps – always one of the best displays of human nature I find.

Oh, I know, billionaire can shoot his ashes into space on a penis shaped rocket!

Hey, I’m sure you’ll agree fully with me that this ability makes all the difference in life. Right?

#147 Sheesh on 12.22.21 at 2:03 pm

#139 No R/C IMO on 12.22.21 at 12:39 pm

“Have you ever in your life had the flu and cold in the same 12 month span? Maybe in the same winter season?”

—- no, actually. Apparently my immune system is robust. Still got the vax, though.

“Anybody ever sequence your flu and cold back then?”

———They did/still do test for influenza in people with respiratory symptoms, and can determine if it is influenza A or B. And if it is A, which subtype it was. But only epidemiologists would be particularly interested in that information.

Up until 2019 we weren’t dealing with a novel virus that no one knew anything about. Now everyone with an internet connection can be an armchair epidemiologist, virologist, immunologist or, even better, all three! Who needs years of education and experience? That’s for chumps, amirite?

Funny how things are different in a pandemic.

#148 Faron on 12.22.21 at 2:06 pm

#30 Oakville Rocks! on 12.21.21 at 4:28 pm

Thank you!

#149 IHCTD9 on 12.22.21 at 2:12 pm

#135 SunShowers on 12.22.21 at 12:34 pm
#81 Nonplused on 12.21.21 at 7:40 pm
I think this differs enormously from someone who has to go door to door and slips on some ice, as the ice does represent a work related hazard. But your own stairs?

What if he fell down the customer’s stairs then? He’d still be covered by WCB. Since it seems that stairs are indeed a work related hazard, what’s the difference between a customer’s stairs and your own when working from home?
______________________________

The customer pays WSIB premiums, a homeowner does not. The customer has an incentive to keep things safe on their premises.

Can’t see how an employer can be expected to maintain safe working conditions at a private residence. Maybe the WFH employee should be paying into WSIB as well? How about 5-6 high rez security cameras inside the house so workplace hazards can be identified by corporate officials before our hapless WFH employee gets hurt?

I bet the WSIB is already thinking about this, and the future. Although, if it gets too stupid, there are a few easy solutions to compensation seeking WFH’ers…

#150 All lies and manipulated u decide on 12.22.21 at 2:37 pm

#75 Biden my time on 12.21.21 at 7:19 pm
————————————————
LOL
Its a hellova lot easier to navigate as they had a year to figure it out. Rules, makin the Vax, most vaccinated ect.
Trumped played it down because he didn’t want to panic and that didn’t work out to well.
Biden blew up Afghanistan and created a way bigger problem at the boarder. The guy can barely remember where he is and he’s reading a teleprompter all the time. What planet are you on?

#151 Diamond Dog on 12.22.21 at 2:50 pm

#1 Dolce Vita on 12.21.21 at 3:08 pm
#9 Faron on 12.21.21 at 3:29 pm
#13 Leichendiener on 12.21.21 at 3:39 pm
#28 Dolce Vita on 12.21.21 at 4:20 pm
And many more…

It aint over til’ its over.

Omicron appears to be a milder version of previous variants of the same strain but lets not get ahead of ourselves. The U.S. reported 181,264 new cases yesterday including 1811 deaths. On a Tuesday:

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

I will remind, this death rate lags and I will remind, this number is a surprise to most considering the percentage of vaccinated in the U.S. . The numbers are coming in, in terms of vaccine efficacy and there should be no surprises:

https://6abc.com/covid-cases-breakthrough-omicron-vaccine/11370785/

I’ll walk through why. A year ago, the industry (Pfizer, Moderna) claimed 90%+ efficacy with their vaccines. A year ago I claimed this number was lower than claimed and government (including the markets) went with this higher number to increase the confidence in vaccines. The real number, all things considered (like small trial samples combined with geographical areas of trials specifically, concentrated in mostly fishing coastal areas with seafood on the menu. Seafood has elevated levels of Vit D and Zinc, good for natural immunity), would be in the 70%’s.

To date, these vaccines are proving to be 70% effective (with the majority of vaccines less than 6 months old) with 30% of cases termed “breakthrough infections”. These breakthrough infections have far lower hospitalization rates as one can see in the link above but still, their numbers count. Couple this with the 72.6% first dose administered in the U.S. and we see a picture of why these numbers are approaching +200,000 cases again:

https://www.bing.com/search?form=MOZLBR&pc=MOZD&q=covid19+vaccination+rate

As time goes by, the efficacy of the jabs in our arms will wear off as we should know. In 12 months, efficacy will be in 50%+ and in 24 months, 30%+ and we’ll all be looking for another jab before the herd huddles for warmth indoors before winter. This is the new reality.

A year from now, it’s possible that there will be a new variant to replace Omicron and already fast fading Delta. It will be presumably need to be more contagious to do so and it’s virility is unknown, but likely more mild as this is the general historical trend of virus’s in general. The true danger is not this strain or it’s variants, but the emergence of a new strain because COVID19 has genetic markers known as ADE:

https://www.chop.edu/centers-programs/vaccine-education-center/vaccine-safety/antibody-dependent-enhancement-and-vaccines

https://en.wikipedia.org/wiki/Antibody-dependent_enhancement

ADE to summarize, works like this. A person has antibodies produced from a past infection, vaccine or exposure to the first strain or variant of the first strain of the Covid19 virus. A second strain develops and circulates, infecting the host. The immune system is tricked into thinking it’s the first strain and makes antibodies for the first strain, but not the second. The second strain replicates at will and what would normally be a benign reaction turns severe and potentially deadly.

The Dengue virus has ADE markers and is an excellent example of what ADE does. The Dengue virus has 4 strains. The first time one is infected by a strain, the symptoms are benign. If one is infected by a second strain, the symptoms become severe. This is an example of ADE.

This is the true threat of Covid19, the development of a second strain since the first strain has these ADE markers. What would it take for a second strain to develop? Infected human transfers Covid19 to an animal that reinfects another human. The mixed DNA is the second strain. Take note, this is why we had global mink farm culls. As some may have read, COVID19 is spreading through deer populations. It can spread through cats and other animals. It’s a numbers game and may be a question of time. Or, a second strain may never develop.

Or, a completely new virus unrelated to Covid19 may hit the scene. Point is, we really don’t know what will happen. Anyone who claims they do know is demonstrating a Dunning Kruger effect. We know that past government action has been costly and further actions are unsustainable. We know that the last thing the world should do is politicize our choices but human beings aren’t very smart with that and choose conflict(s) which leads to? Poverty effect(s). We’ve seen this play out.

Having said all that, the best thing we can do as human beings is to learn to keep our immune systems safe and healthy. Virus’s prey on weakness. To strengthen immune systems, we need right diet, right exercise, lose excess weight, get rest, avoid stress and avoid deficiencies to wit, deficiencies are more common than we think and the most common deficiencies that effect our immune systems are?

Vitamin D and Zinc (Vitamin C is less related but worth a mention and I should mention Zinc Ionospores as well, Juniper extract is the best choice for the elderly).

I recently took in a video of a Dr. who touches heavily on immune system deficiencies and it’s highly informative and educational. It would be wise, if you have nothing better to do with your day, to take it in. It has the potential to extend your life or someone else’s some day. Everything we learn (as long as we learn it) is no dry run:

https://www.youtube.com/watch?v=w9h-XQm2qEY

#152 Sail Away on 12.22.21 at 2:58 pm

#145 Ontario on 12.22.21 at 1:58 pm

Freud would say you put these in order of priority and importance in YOUR life.

Strange that you put time benefit at #4 and wealth you can’t take with you beyond this life at top 2 spots.

——–

The priority seemed appropriate for a finance blog.

#153 Cici on 12.22.21 at 5:42 pm

#119 crowdedelevatorfartz on 12.22.21 at 8:35 am
Reuters
An information agency that sells to the Media.

How the Media relates that news to you is up to the advertising dollars.

https://www.reuters.com/article/us-health-coronavirus/south-african-study-offers-omicron-hope-as-countries-reimpose-curbs-idUSKBN2J1081

“The authors found that the risk of hospital admission was roughly 80% lower for those with Omicron, and that for those in hospital the risk of severe disease was roughly 30% lower. ”

80 percent fewer hospitalizations for those WITH Omicron……

You’re not hearing that on the 6pm “news” …. just the daily infection rates.

I noticed that the 6pm “news” has also downplayed the hospitalization rates and death rates ( because they’re dropping?).

Advertising revenue.
___________________________________________

Actually, you are wrong again.

More than 6,300 new cases of Omicron today in Québec, but here’s the biggest news: over 1200 hospital workers now infected with COVID-19, as well as COVID-19 outbreaks in some 32 hospitals.

If the hospitals are grappling with outbreaks and more and more health workers are on leave due to illness, all patients are going to pay the price. And yesterday, a healthy baby under two months of age died from COVID.

So no, not everyone has been exposed to COVID yet, but at the rate that daily cases are climbing, it will be sometime soon and the entire healthcare system is at risk of collapsing under the weight.

#154 Quintilian on 12.23.21 at 12:44 pm

https://www.cdhowe.org/sites/default/files/attachments/research_papers/mixed/Commentary_583.pdf

“It sounded so promising. In 2018, in the wake of several
highly publicised money-laundering scandals and the public
outcry that something be done about laundered money
driving up Vancouver real estate prices”

This from C.D. HOWE Institute, not exactly a left leaning idealist like me.