Messiahs

The last time Jean Charest stood on the stage in a federal Conservative leadership contest, he looked across at me. I don’t think he quivered. The guy was fixated instead on a woman between us named Kim who would ultimately win the prize, become PM and head into an election disaster.

That was 1992. Charest had been a cabinet minister for a few years. He was 35. Pierre Poilievre was 16 and busy selling Reform Party memberships in Calgary for his idol, Jason Kenney. Eight years later, at 24, Pierre (now known to his friends as Skippy) was elected to the House of Commons. He’s been a politician ever since, partially as a Harper insider and particularly as one of the most pugilistic, partisan diggers in Parliament.

It was Poilievre, for example, who ripped me a new one when Harper expelled me from caucus for blogging and my dangerous democratic tendencies. But that’s okay. It was his job to be the PM’s pitbull. He did it well. I still bear the teeth marks.

Well, Jean Charest is now in his sixties, and Pierre took a meaty chomp out of him last week in the first debate for the new Con mantle. The young contender accused JC of being a Liberal in drag trying to seize the leadership from ‘true blue’ guys like him. Said he, “The average trucker has more integrity in his pinky finger,” than Charest and his entire team did when he was premier of Quebec. He also nicely smeared Charest by suggesting that, as a lawyer working for McCarthy Tetrault, he personally took money from client Chinese tech giant Huawei.

So the first official party-sanctioned debate kicks off Wednesday night in Edmonton. The centrist, Mulroney-era, Progressive Conservative Charest may already be dead in the water. We’re clearly in an era of political polarization, where character assassination is perfectly okay to achieve victory. Unlike almost everything else in life, here the end always justifies the means. And the meaner the better.

Now, Pierre is a smart guy. Astute, well-spoken, aggressive and confident. He has a lot to offer. But people want leaders who are not extremists and especially not opportunists. When Poilievre embraced the truckers illegally occupying Ottawa streets with the F*uck Trudeau banners everywhere, he wandered onto the dark side of Canadian politics. Most people in Canada live in a mushy middle, happy to have increased government benefits but also willing to comply with public health measures in a pandemic because it’s, well, the right thing to do for society.

In his embrace of the truckers, anti-vaxers and occupiers who (like Trumpers in the US) appropriated the national flag and the term ‘patriots’, Pierre single-handedly moved the Cons back towards his own Reform Party roots. Of course it was Preston Manning and his Reformers who split the Conservative vote in 1993, resulting in a majority Mulroney government being decimated into a two-seat Campbell cataclysm. Libs ascended.

So, here we are again. Thirty years on, and Charest’s back on the stage. Now he’s mushy in the middle, too, and assuming enough party members will want the same in order to win office. Pierre, in contrast, represents the angular hard-right, believing a sharp tongue and simple answers will defeat a PM who’s added more debt to the national balance sheet than all leaders who went before.

Pierre has made bashing the CB a central theme of his campaign. He’s called the Bank of Canada “financially illiterate,” blamed it entirely for real estate inflation and vowed (if in power) to audit and control the bank’s ability to expand its balance sheet in times of economic trouble (he calls it ‘printing money’). A former bank boss, David Dodge, said days ago this was “bullshit” and Pierre has no idea what he’s talking about.

While it may have kept rates too low for too long, Dodge says the CB was absolutely right to make money cheap and available when Covid hit, unemployment went to 14% and the economy fell into recession. “Faced with the uncertain impact of COVID-19 in 2020, the Bank of Canada did exactly the right thing to mitigate the collapse of the Canadian economy,” he added. “The actions of the Bank of Canada played a critical role in the achievement of a quick recovery of output and employment by 2021.”

By the way, the CB is supposed to act independently of politicians. Pierre says it erred in financing Trudeau’s spending excess. Ironically he’d end that by making the bank more political. It’s worth asking if we’d still be in a Covid-induced funk if interest rates had never been lowered or CERB cheques bounced.

But hindsight is a powerful weapon in a campaign. Second only to the time-honoured battle cry of “us vs them.” This is where the trucker’s pinky finger comes in. Hanging off the side of a Peterbilt, surrounded by freedom-fighters draped in Canadian flags is a visual for the ages. Us against them. It would take a principled man to resist that solecism.

Pierre could not.

217 comments ↓

#1 Hans on 05.10.22 at 1:36 pm

Just so things are represented fairly… the illegality of the truckers protest was after Pollivre’s foray into supporting them. Likewise with most donors that had their accounts frozen. Their actions were determined to be illegal even though they were legal at the time…

Moral people know morality, even when laws have not caught up. – Garth

#2 Pierre Poo Lever on 05.10.22 at 1:37 pm

Don’t dis me Garth, or I’ll come after you again too!

#3 crowdedelevatorfartz on 05.10.22 at 1:42 pm

Unfortunately.
If the two choices for PM comes down to a vote for ( ironically) Justin or Pierre.

Pierre will get my vote.

You do not get to vote for the leader in Canada. Your vote is for a local representative, and he/she deserves that respect from you, and every other voter. It’s a maligned system. – Garth

#4 Sail Away on 05.10.22 at 1:42 pm

When I watch Candice Bergen, I think she’s somebody I could support. Well-spoken, thoughtful, considered, and reasonable conservative. I feel she would accept responsibility maturely, although have no way of knowing if that would be the case.

The rest of the rabble? Bah. Yapping hyenas.

#5 Devil Anse on 05.10.22 at 1:44 pm

I’ve voted Liberal all my life, but bought PC membership in order to support Jean Charest because I think Canada needs him right now. I might even make my first political donation ever, and it will be to his campaign. His time as Premier of Quebec wasn’t perfect, but he certainly doesn’t deserve to be maligned the way he is by certain members of the Quebec nationalist media.

#6 baloney Sandwitch on 05.10.22 at 1:53 pm

Good change of topic from the market & RE meltdown. I learned a novel word today – solecism. I guess Pierre is betting that solecism will be preferred over the lib-dip socialism. In the US Trump has proven that Solecism rules.

#7 My Body My Choice on 05.10.22 at 1:53 pm

As Conservative leadership candidate Roman Baber said in the first debate:

“Any one on this stage would make a better Prime Minister than Justin Trudeau”. Which got applause.

Yes, Pierre Poilievre makes a great attack dog, and I believe millions of Canadians actually want a leader with an attack dog-mentality to get power and clean house of all the pretenders, grifters, radical-left Ryerson/York U – trained neo-Marxists, who use identity politics to divide and conquer, wreck the country’s finances and sit by and do NOTHING while over 50 churches get vandalized or burned to the ground based on a false narrative.

Mr. Poilievre was instrumental in holding the caucus vote that fired O’Toole (who was worse than useless). So Poilievre can play hard-ball and can get results. Hopefully he can do it in the next election.

However, Mr. Poilievre needs to pivot from his effective role as pit-bull attack-dog in opposition and remake his image into Prime Minister material. Can he do it in the next few months? I hope so.

Here is my rating of the potential Conservative leadership candidates:
Patrick Brown 1/10, Leslyn Lewis 7/10, Roman Baber 6/10, Jean Charest 6/10, Pierre Poilievre 8/10, that other guy 6/10.

#8 crowdedelevatorfartz on 05.10.22 at 1:54 pm

@ Garth
“Your vote is for a local representative, and he/she deserves that respect from you, and every other voter. It’s a maligned system. – Garth”

+++
Fair enough but my Burnaby North Riding has been NDP or Liberal for decades.

My Conservative vote is nothing more than a protest vote against the spendthrift, politically correct, pronoun challenged MP that votes as he/she/they is told in Parliament.

#9 Bill on 05.10.22 at 1:54 pm

I think people said that about Trump. And hardly anything about Biden, and that’s turning out gooder – for sure. Going far left with Truden + NDP requires balance by going further Right with Pierre – even though Pierre’s principles are wholly centric. I wouldn’t get too hung up on his tongue and ignore his policy – but here we are with Garth – and entire blog trying to dis a man who hasn’t yet been elected. Just more reason to vote for Pierre. All of the media has lost it’s mind – and it’s all unraveling.

#10 David on 05.10.22 at 1:55 pm

#5 Devil Anse I did the same Thing. Jean Charest all the way!!!! Skippy has been a gatekeeper his whole career!!!

#11 Scott in Gibsons on 05.10.22 at 2:00 pm

Why is it that the leaders of all three major Federal parties are World Economic Forum stooges? Don’t vote for any of them, it only encourages the b*stards. If voting made any difference they wouldn’t let you do it.

#12 earthboundmisfit on 05.10.22 at 2:06 pm

Skippy P’s toxic brand of hyper partisan biovating to a base of malcontents has no appeal for me. He couldn’t carry Mr. Dodge’s briefcase to the office. I have been driven from the ranks of a party that I have supported since 1972. They missed their best chance when they failed to select Michael Chong as leader. My visceral dislike of PP has been occupying waaaay too much head space. I am out.

#13 Faron on 05.10.22 at 2:11 pm

#127 Sail Away on 05.10.22 at 1:18 pm

OMG, wow. You are embarrassing yourself love.

Hilarious given that this past year was a break of a publication drought for me. Most importantly, those reviewers (not to mention many tens of media appearances some to an international audience) seem to think the work I and my colleagues do; the hundreds of hours of discussion; the consultations with other experts etc. etc. The extremely careful calculations all add up to extremely solid science that put one of those publications in the top most accessed in the past year.

And to think that you believe that my branch of science — that of climate and climate change — is “flexible”, and is a branch that you have disparaged with some truly idiotic comments. As an engineer and community “big shot” in a field that demands climate responsiveness in both regulation and design competency and a community — Nanaimo — that stands to need to adapt to climate change. You should be careful C. I’m not going to doxx you beyond that, but folks in your community or elsewhere in Canada will be more and more hesitant to hire a Neanderthalic engineer who cherry picks science according to his personal and political whims. Your job is to be a professional and adhere to what other professionals in and adjacent to your field tell you. That is what a professionaly is. Your job is most definitely not to cast off a fully vetted, fully competent, and extremely difficult branch of fluid mechanics as “flexible” aside from the obvious deformability of the fluids themselves.

It’s always the engineers who don’t know how to keep their lane. Whose egos are so inflated that they presume to know any branch of science not to mention stock trading (which you suck at given the information that I have) ecology, medicine etc. etc. This and your lack of humility and occasional lies or very misleading statements are all why your are a clown in a suit. It’s really quite simple.

#14 The West on 05.10.22 at 2:13 pm

Jean Charest is one more Laurentian stooge who will be offered up because the WEF gang is naked in the open for who they really are. Like it, or not, Poilievre is correct – Charest and Trudeau are the same politician wearing different jerseys.

Poilievre won’t ascend like Trump did though – Eastern Canada enjoys the taste of aristocratic boots. The split now between East and West can never be mended.

Vote for your favorite jersey; “Canada” is not going to survive anyways.

On that note, if I am voting to put the “C” on a jersey – Candice Bergen would have been an excellent candidate. But even she understands how murky Ottawa has become and has the self respect to stay out of the swamp (and that’s why she should be the spokesperson for the commoners).

#15 Slim on 05.10.22 at 2:14 pm

If you wanted someone to run your company; would it be someone like a Jean Charest, or a loud mouth, trash talking person like a PP? Think about that.

#16 Madcat on 05.10.22 at 2:19 pm

“but also willing to comply with public health measures in a pandemic because it’s, well, the right thing to do for society.”

Personally, I’m triple vaxxed. I still believe people should have the choice when it comes to vaccines. It is one thing to enforce masks and restrict gatherings and a whole other thing to start forcing people to take vaccines. Pierre will win because even the vaxxed agree the government overreached with forced vaccinations. People want to be free to make life decisions for their own bodies.

Pierre is correct about the CB. We have astronomical housing prices because of their irresponsible policies. Maybe they should have kept houses in the basket of goods. People are mad that their lives have become so unaffordable. Time for accountability at the BOC.

#17 Damifino on 05.10.22 at 2:20 pm

#8 crowdedelevatorfartz

My Conservative vote is nothing more than a protest vote against the spendthrift, politically correct, pronoun challenged MP that votes as he/she/they is told in Parliament.

I live in the riding of “Hedy Fry Center”. My conservative vote is an excuse to get out of the house for a while. Also, I like to see the results to find out how many other hapless conservatives are still banging their heads against the wall after three decades.

#18 What Could Go Worse? on 05.10.22 at 2:24 pm

When even Doug Ford knows he had to swing to the centre to have any chances of winning Ontario, you have to wonder what Pee Pees plans are. He knew the majority of Ontario were ticked with the Anti Vaxers/Trucker’s blockade yet publicly supported them.

His extremist views do not align with the vast majority on people in Ont. never mind the seat rich GTA.

So what is his end game? When he loses the Federal Election is he going to call out Ontario, for lack of support, and tell fellow Albertans it is time to seperate?

#19 Millennial 1%er on 05.10.22 at 2:24 pm

Cry some more, garth. Pierre is right, he makes cspan fun to watch, and I’m going to vote for him (and so is everyone else)

pierre is dare I say, based and redpilled

#20 Millennial Realist on 05.10.22 at 2:26 pm

Garth has done well here outlining the fracturing of Boomer Conservatism.

But wait, there’s more on the way. Big time.

People in the GTA are getting door flyers this week from a brand new, anti-Boomer/Con party. The messaging is polished and smart looking. Centrist.

“New Blue Ontario”

Not Max and the PPC, by a longshot.

https://www.newblueontario.com/

With COVID, war, economic restructuring and environmental calamities to be avoided, this could be the death knell to smash apart the Boomer/Con complacency that has cost us so much in recent decades.

(make no mistake, I would not support these folks and they have some unworthy positions, but the further fracturing of the Pierre and Max lovers groups like this offer will be fatal to conservatism in Canada soon enough)

#21 enthalpy on 05.10.22 at 2:30 pm

Anyone other than JT * .

Who interestingly, is the most divisive and biggest hater going.

#22 Madcat on 05.10.22 at 2:30 pm

#7 My Body My Choice

leslyn lewis 7/10… Interesting rating considering your username…

#23 Joe Schmoe on 05.10.22 at 2:33 pm

I still try to vote on policy (well in the olden days) and local representative.

No matter how good my MP choices are, I will have to hold my nose when I vote next time.

#24 Drewfor on 05.10.22 at 2:33 pm

Pierre is a clown. I’d likely vote for Charest but if PP rises to the top then its a hard no from this voter.

#25 wk on 05.10.22 at 2:38 pm

I cannot relate myself to any political parties. NDP and Liberal are too far to the left and PC is too far to the right. I just want a party to be fiscally conservative and socially liberal. I don’t think I am alone here.

#26 JSS on 05.10.22 at 2:39 pm

Two many Pierre’s in Canadian politics

#27 Klaus Schwab on 05.10.22 at 2:41 pm

Poilievre is a WEF ‘young leader’ Same as Trudeau, Freeland, Jagmeet. They do not work for Canada or Canadians.

#28 Mattl on 05.10.22 at 2:45 pm

The BOC isn’t exclusively responsible for runaway RE prices. But they control rates, and rates have been kept unreasonably low for the past 15 years. If at any point the BOC wanted to tame RE prices all they had to do was normalize rates. Good times? Low rates. Bad times? Lower rates.

Not sure why they deserve a pass. Inflation, no matter what the CPI says, has been increasing for years, pre-pandemic. 2% inflation while homes are increasing at 15% YOY, ya ok.

As the leader of the BOC at some point do you wake up from buying bonds and suppressing rates and say, hmm, maybe there is another way? PP is right to call these guys out, Bank policy has been a disaster and we are paying the price now.

The CB doesn’t care about house prices. You and PP need to learn that. – Garth

#29 Sam on 05.10.22 at 2:45 pm

‘Vote’??? “2000mules”

#30 IHCTD9 on 05.10.22 at 2:46 pm

#120 Dharma Bum on 05.10.22 at 10:14 am
#114 Ponzi

Thanks.
I was looking for an authentic Jewish Montreal Reuben sandwich.
————————————————————————————————-

I’ve been to that place, a long, long time ago, as in, back in the day, eh.

It was established on December 31, 1928, by Reuben Schwartz, a Jewish immigrant from Romania. (Wikipedia)

1928. WOW. Almost 100 years ago.

I was amazed at how good the food was – but like I said – that was back in the 70s and 80s.
______

Last time I went there was in the late 80’s. I got the MSM sandwich (of course). All I can recall was that the place was packed, mostly with old silent Gen’s wearing Fedora’s, the sandwich was literally slapped together in seconds, and the pile of meat on there was absolutely towering.

#31 Soviet Capitalist on 05.10.22 at 2:48 pm

Perhaps the vaccine is good and Trudeau’s response was professional and correct. I am not sure.

In any case, I found it reasonable that many citizens had doubts about that. Those were being reinforced by things like Trudeau dodging questions about natural immunity and evidence that CERB was too generous and people were using it to buy non-essential items.

It seems that the authorities preferred to call people nazzis, strip them of rights, censor and persecute them instead of addressing their concerns. Surprisingly to me, Garth believes this is the correct way to proceed in a civilised society. I respect Garth, but I fail to understand how that makes sense.

What charter rights did anyone lose during the pandemic? The unvaxed are selfish cowards. Nothing noble about that. – Garth

#32 Dave on 05.10.22 at 2:49 pm

“But hindsight is a powerful weapon in a campaign. Second only to the time-honoured battle cry of “us vs them.” This is where the trucker’s pinky finger comes in. Hanging off the side of a Peterbilt, surrounded by freedom-fighters draped in Canadian flags is a visual for the ages. Us against them. It would take a principled man to resist that solecism.”

You have to remember, the people who supported the mornon convoy were not very swift. They were duped by social media and stupid enough to conflate vaccines with freedom, even though all of those simpletons were vaccinated against polio. Fortunately this group is a small minority, with no critical thinking skills.

#33 The Totally Unbiased, Highly Intelligent, Rational Observer on 05.10.22 at 2:54 pm

Derek Sloan is fighting for freedom, family, and faith. His True North Party of Canada has finally been approved by Elections Canada. Keep it in mind if you want a True Blue Conservative alternative to the current Liberal/NDP/BLOC/Green UNIPARTY or the Liberal-lite Con party if/when there is another federal election.

In the meantime, Derek Sloan has become the leader of the Ontario Party in order to do what he can to fight for the people of the province of Ontario. The legendary American conservative political strategist Roger Stone, who helped Richard Nixon, Ronald Reagan, and Donald Trump, has now become the party’s Senior Strategic Advisor.

#34 Laurentian "elites" like Dodge on 05.10.22 at 2:55 pm

DELETED

#35 Tim on 05.10.22 at 2:55 pm

You can thank Harper for radicalizing the Conservative party. I’d vote for the Cons just to get this clown Trudeau out of office, if they could produce an intelligent, non-populist candidate who wasn’t backed by big oil.

#36 greyswan on 05.10.22 at 2:55 pm

It is time for the Conservative Party to concentrate on being a good opposition to the government, stand up, represent the many Canadians views, to be the voice of MAGA or make Canada great again!! MCGA.

#37 crowdedelevatorfartz on 05.10.22 at 2:59 pm

@#17 Damfino
“I live in the riding of “Hedy Fry Center”. ”
+++
My condolences.
I have several friends in that riding that vote as you do.
Dr. Hedy (“the crosses are burning in Prince George as I speak”) Fry.

She’s way past her relevant due date but another Liberal seat Trudeau can count on from the sheeple..

#38 Brett in Calgary on 05.10.22 at 3:02 pm

I like some of PP’s public comments like “printing money” benefits those who hold assets and hurts those that don’t. You don’t exactly see other politicians advertising that disparity. But, I don’t care for name calling and defamation and PP does lots of that. Charest gives me the creeps.

#39 alexinvestor on 05.10.22 at 3:03 pm

So what happens the next time “unemployment hits 14% and the economy goes into recession” perhaps because of a housing crash caused by high rates ? Rates back down to 0% again because that’s would be demanded by the politicians and they did it once already and it “worked” … that’s moral hazard at it’s best.

Perhaps the better answer would be to not let debt run so rampant by setting better capital requirements … but alas, that seems to be somehow lost on the CB.

Not the bank’s job to tell people how much to borrow. – Garth

#40 greyswan on 05.10.22 at 3:04 pm

Charest is not the only so called Liberal…Garth!!

#41 Mattl on 05.10.22 at 3:06 pm

#28 Mattl on 05.10.22 at 2:45 pm
The BOC isn’t exclusively responsible for runaway RE prices. But they control rates, and rates have been kept unreasonably low for the past 15 years. If at any point the BOC wanted to tame RE prices all they had to do was normalize rates. Good times? Low rates. Bad times? Lower rates.

Not sure why they deserve a pass. Inflation, no matter what the CPI says, has been increasing for years, pre-pandemic. 2% inflation while homes are increasing at 15% YOY, ya ok.

As the leader of the BOC at some point do you wake up from buying bonds and suppressing rates and say, hmm, maybe there is another way? PP is right to call these guys out, Bank policy has been a disaster and we are paying the price now.

The CB doesn’t care about house prices. You and PP need to learn that. – Garth

——————————————————

Clearly they don’t “care” about house prices, I think that is pretty obvious. I’d suggest they should; considering the correlation between rates and housing prices, and the outsized share RE has of GDP.

#42 TurnerNation on 05.10.22 at 3:09 pm

The life of a Tax Farm Slave is nasty, short and brutish.
Every dollar I earn at least 50% goes to taxes. Add the consumption taxes, and this approaches 65%.
Really why should I be allowed keeping even that? So selfish.

When I become a burden to the State’s pension and health care systems the State doctor will let me know that my ‘treatment options’ include the State’s Assisted Dying program.
Colourful brochures placed in the waiting room will normalize and pre-sell this procedure.


— It a small club. Getting ready pounce. Pennies on the dollar. Learn how the game is played lads.
A newish townhome nearby me listed at 1.2m. Crickets. A month later listed anew this time at 1.1m.

https://www.blogto.com/real-estate-toronto/2022/05/blackstone-office-toronto/
“Blackstone today announced that it is establishing a Blackstone Real Estate office in Toronto and the appointment of Janice Lin as head of its Real Estate business in Canada,” reads a release issued by the company on Monday, referencing the senior housing operator Revera’s former Chief Investment Officer.

#43 Sail Away on 05.10.22 at 3:10 pm

#13 Faron on 05.10.22 at 2:11 pm

[rant]

——–

Wow.

My comment was that your method of analyzing my stock returns wouldn’t meet any standard of scientific rigour. Which it wouldn’t.

Nice to hear the rant-y, though. You may as well stop the light doxxing and go full doxx. Why only partially compromise your integrity? Go full lefty.

#44 Alex on 05.10.22 at 3:15 pm

Don’t care.

Voting Pierre.

#45 IHCTD9 on 05.10.22 at 3:16 pm

PP was a parliamentary rock-star over the past couple years. Grilling Trudeau into series of shrugging err’s, and ahhhs. Chopping down Tiff with an exhausting list of Government funding indiscretions. A pit-bull straining at the leash. I’d be remiss if I said I didn’t love every minute of it.

BUT, I agree with Mr. T and those who think he can’t win. I can’t see it either. If you want to keep Trudeau awake at night blinking into the abyss, the CPC needs to put Mr. C in charge. He’s miles better than Trudeau. An old school Liberal, not this pathetic apology factory we have now. Maybe PP can be second in command or something.

The Federal CPC’s could learn something from Doug Ford too IMHO. He’s done something right. My neighbour across the road is a card carrying Liberal – never misses an opportunity to crack a joke at the expense of the CPC. Right now, there is a big blue sign on his lawn for the Ontario election. Same with my boss – a straight up partisan Liberal. He’s voting for DF (again). Even Ms. IH (NDP 4evr) has taken a shine to Dougie. “He did a good job during the Pandemic, and seems like a nice guy”.

Anyway, as a burgeoning crustomudgeon, it really doesn’t matter much to me. More Trudeau means more $$, and if the Cons get in, well hopefully they can walk back the utter insanity that was the last 6.5 years. I look forward to living in a normal country again, but I fear the hope as long as Trudeau remains at the helm.

#46 Adam Smith on 05.10.22 at 3:17 pm

You do not get to vote for the leader in Canada. Your vote is for a local representative, and he/she deserves that respect from you, and every other voter. It’s a maligned system. – Garth

That’s the way it was supposed to work. Unfortunately, we’ve allowed our leaders to neuter our local representatives. Even strong members of Cabinet have been effectively disallowed via power concentration in the PMO. Your statement is technically true, but I don’t blame anyone else for behaving like it’s not true in practice.

#47 Sarah on 05.10.22 at 3:19 pm

Do you ever think Putin got more than he bargained for when polarizing the US through social media? I doubt he aimed at Canada at all, but Trump populism has proven to be a good tactic for weakening a country.

#48 Sail Away on 05.10.22 at 3:24 pm

#13 Faron on 05.10.22 at 2:11 pm
#127 Sail Away on 05.10.22 at 1:18 pm

And to think that you believe that my branch of science — that of climate and climate change — is “flexible”, and is a branch that you have disparaged with some truly idiotic comments.

———

???

Never, ever would I do such a thing.

Please provide examples for, you know, legitimacy. Thx.

#49 Joe Lalonde on 05.10.22 at 3:26 pm

China is closed.
Restructuring issues which really effects global supply markets.
One Bank actually has a trade warning which it accidentally sent out.

https://www.zerohedge.com/markets/jpmorgans-published-its-notorious-uninvestable-call-chinese-tech-stocks-error

With the record prices of fossil fuels.
It just makes sense to adapt to the supply shortages situation.

#50 Flop… on 05.10.22 at 3:34 pm

I’m not sure how much my recent Nasdaq Index purchase is down, that I recommended for Mrs Flop’s TFSA.

Maybe somewhere between 5 and 10 %, after I pulled the trigger a little too early.

It was rough for a couple of days, but now I have been upgraded to eating bachelor meals for dinner and sleeping on the couch, so overall I would do the trade again…

M47BC

#51 Dee on 05.10.22 at 3:34 pm

Charest was premier of Quebec for 10 years so he is technically a Liberal.

#52 Dave on 05.10.22 at 3:37 pm

Poillevre is a wing nut and Trudeau is beholden to China. What choice do we have?

#53 Sam on 05.10.22 at 3:40 pm

Vive Le Pierre! He’s got my vote.

#54 Richard L on 05.10.22 at 3:41 pm

Stay in your lane Garth. Leave politics to the nuts.

#55 Stone on 05.10.22 at 3:41 pm

Pierre Poilievre was 16 and busy selling Reform Party memberships in Calgary for his idol, Jason Kenney. Eight years later, at 24, Pierre (now known to his friends as Skippy) was elected to the House of Commons. He’s been a politician ever since, partially as a Harper insider and particularly as one of the most pugilistic, partisan diggers in Parliament.

———

I guess the only thing I’d like to know is the following:

What concrete thing has he accomplished for the citizens of Canada. I can’t think of one. Lots of talk (he does sound smart) but not much else. Can anyone highlight anything Pierre’s actually done.

#56 Sam on 05.10.22 at 3:41 pm

BlackRock just opened up shop in TO. Good luck waiting for real estate prices to come down.

#57 Steven on 05.10.22 at 3:42 pm

Pierre is like Donnie…an outsider, brash, confident. Someone that the hurting masses love when things are shaky.

Like Garth always says, People don’t vote for who they want, they vote against who they don’t want and perhaps Justy has had his time.

Be careful what you wish for, we were tired of Harper too.

As for Dodge and Powell, 15 years of no real rate hikes is absolutely laughable….Transitory my butt.

As for TNLB lending you as much as you want as she is on commission, well let’s just say I wonder how people sleep at night having zero care about over lending in a hyper bubble and encouraging moar and moar…all for the mighty buck.

Remember in this day and age all Dodge, Powell and the banks care for is making a LOAD of $$$$$ right up to the point people are 9 meals away from trouble.

Wonder how much they are leaving earth with when they go? They must know the answer as they will never stop.

#58 Philco on 05.10.22 at 3:46 pm

Thanks Garth
Alway like to hear views from all sides.
Me and everyone I know is going for the PP crew.
My retired neighbor (Chemist) hates T2 worse than me. He’s hilarious to listen too.

#131 Bdwy on 05.10.22 at 2:12 pm
No money is ‘lost’ if paper declines are not realized. – Garth

Unless it’s a house ;)

Only if you’re a specker. – Garth
=====
Good lord peeps got some weird ideas. No wonder so much hand holding required.

On The markets batten down the hatches??
And Peeps Bitcon is not an asset class lol.
Lot of those high flying techs I mention could get wacked 4 months ago did and deserved it.

https://www.mcoscillator.com/learning_center/weekly_chart/the_bad_things_that_qt3_will_bring/

#59 Astonished on 05.10.22 at 3:49 pm

When watching the candidates in the Conservative leadership debate fighting about who most supported the truckers that descended on the nations capital, I wondered if it was a skit from SNL. Did we even get the Americans laughing or sickened?
What kind of people would fight to secure the vote from a bunch of reckless cowards.

The good news is that most Canadians are not as stupid as the lot vying for the leadership of the Conservatives.
So very likely we won’t have them elected.

#60 Stone on 05.10.22 at 3:51 pm

#130 Shawn on 05.10.22 at 1:33 pm
How a 7% loss feels

#121 Stone on 05.10.22 at 10:28 am
The index gained 22% last year. Keep things in context. – Garth

———

All the more reason to have a balanced & globally diversified portfolio. Currently sitting at -7.10% ytd. 2021 returned 21.70%. As at May 6, 2022, the dividend yield for my B&D is 3.22%.

No stress. No fuss. No worries.

****************************
No argument. But I can tell you that losing say 7% of $100k or $500k is one thing. It feels a little different when it’s 7% of $ 2 million. And that’s the case no matter if you just gained 22%.

At some point the quantum of money lost also matters. Like when it’s equivalent to serval years employment income it just starts to feel different.

Anyhow, this Spring is a cake walk compared to Spring 2020 and we lived through that…

No money is ‘lost’ if paper declines are not realized. It’s interesting how the human brain always turns ceilings into floors. – Garth

———

Shawn, I will say that it doesn’t matter whether a 7% loss is based on $100k, $500k or even $2 million. It’s actually less dramatic at the $2 million range. All based on actual experience. Can’t say why it feels that way, it just is. I suppose it’s because I actually focus more on the dividend yield and it continues to sustain and grow. It’s all about cashflow.

#61 Drewfor on 05.10.22 at 3:52 pm

“The legendary American conservative political strategist Roger Stone, who helped Richard Nixon, Ronald Reagan, and Donald Trump, has now become the party’s Senior Strategic Advisor.”

Nuke it from orbit. It’s the only way to be sure.

#62 Stoph on 05.10.22 at 3:55 pm

Here’s an interesting poll:

Ask who people would vote for if an election were held tomorrow between Trudeau, Singh, Charest, and other.

Repeat the question except the vote is between Trudeau, Singh, Pierre and other.

The results may be unsettling.

(Yes I know that people technically vote for their local representative, but with the system the way it is, many people vote based on party leader.)

#63 Leichendiener on 05.10.22 at 3:56 pm

“Harper expelled me from caucus for blogging and my dangerous democratic tendencies.”

Sometimes humour writes itself.

#64 WTF on 05.10.22 at 4:09 pm

Want to vote for the new Con leader ? Get a conservative party membership, and NO Skippy wont be getting my Vote. His idiotic pandering to mouth breathers is pathetic.

Simplistic answers to complex problems are tiresome. Someone who has never had a real job get on my nerves. Like a kid who lives in moms basement and has an opinion on everything, but doesn’t really know jack. Kinda want to slap him. The Con circular firing squad will ensure we have PM Chrystia. Think about that.
CPC Need to cast off the religious, far right ,libertarians’ to the pointless Mad Max oblivion party

I also live in the well past her DD Hedy Fry’s riding. Now her spawn is a Vision nutter City Councilor. No doubt he will take over for Mom soon. Dog help us

#65 wondering wanderer on 05.10.22 at 4:12 pm

Yikes… I like Pollivre and his many characteristics and i like that he’s young and a “pittbull”.
but his ignorance about central banking is something very hard for me to swallow… does he know the difference between between fiscal and monetary policy? does he understand why there was a run on cash by bond holders during March 2020 while new bonds could not really be issued because no one was buying? All during tax season where usually government coffers get a bump in cash…
It was an emergency.

#66 Philco on 05.10.22 at 4:15 pm

#59 Astonished on 05.10.22 at 3:49 pm
The good news is that most Canadians are not as stupid as the lot vying for the leadership of the Conservatives.
So very likely we won’t have them elected.
——————————
LOL T2 supporter? No
Give me a break….just roll out the youtubes on the speak of are fine leader, conflicts of interest and canning anyone that doesn’t get on his demolition team.
Good god their all mud flingers.

#67 Summertime on 05.10.22 at 4:30 pm

We have heard a lot about the cheroism of central bankers and how they saved the economy from the little bug.

Now what is wrong with the following picture?

Instead of leaving the interest rates at zero for 12 years that incentivized borrowing and overleveraging and instead of injecting unlimited ‘liquidity’ through MBS purchases that puts money directly into the hands of the banks and converts future M2 into current M1 + the multiplier causing severe asset inflation on the stock and housing + significant but underreported other inflation aka ‘cost of living’ what if:

Central banks had incentivized savings instead of borrowing resulting in:
1. Normal rates of 5-6 % instead of 0
2. Normal asset inflation – a house in GTA and Vancouver at 25 % from current valuations.
3. Normal other inflation
4. Less Debt
5. Significant savings
6. Central banks having actual reserves instead of magic ‘money’

What would be the problem then with borrowing the extra money needed to support the economy in extraordinary circumstances at normal market rates:
1. From private lenders who have savings
2. From bank reserves
3. From real central bank reserves?

This is how banking has worked in the whole world history.

Ah, I forgot, then the commercial banks profits would have been much lower and this is who central bankers care about.

#68 Linda on 05.10.22 at 4:31 pm

Love the expression on todays blog dog photo of the day. Could stand for just about any ‘the sky is falling’ panic du jour.

For all those standing in cash on the sidelines waiting to jump back into the market, past time to make a move. The TSX is down below 20,000. What are you waiting for?

#69 Billy on 05.10.22 at 4:35 pm

Adding another voice to the ‘don’t like the Libs/NDP’ and will support Ford and Charest – but not Poilievre.

#70 barnz0rz on 05.10.22 at 4:41 pm

However, Mr. Poilievre needs to pivot from his effective role as pit-bull attack-dog in opposition and remake his image into Prime Minister material. Can he do it in the next few months? I hope so.

THIS. All day long. Great opposition guy. PM? Err… Don’t know.

#71 TMac on 05.10.22 at 4:42 pm

Unfortunately as the pendulum swings more extreme to either side this is what we are going to get.
The answer to Trudeau’s “do we tolerate these people?” and other blatant attacks on 10% of the population, regardless if you support their choice or not, is Pierre saying he supports the truckers.
Canada’s division has been split far and wide and the politicians know it.

#72 Ed on 05.10.22 at 4:42 pm

Thanks for explaining your stance on future Conservative leaders.

I just want to remind everyone that is critical of those running in the Conservative leader election to buy a membership & have your say in the matter.

Otherwise be happy with who you get.

#73 Treeman on 05.10.22 at 4:43 pm

Recently, my wife and I, both non-conservative voters purchased Conservative memberships (first ever for any party) for the express purpose of supporting Charest and doing our small part to signal how odious Poilievre is to the mushy middle.

#74 Søren Angst on 05.10.22 at 4:44 pm

Ah.

Cdns get all bent of shape about politics but at the end of the day not much happens. Woke, un-woke, whatever…

BUT there is one maxim about Cdns and politics I have taken note of every election and can rely on:

—————

Talk with hand on heart, vote with hand on pocketbook.

—————

That will get a 3 headed dog elected in 🍁

🐶 🐶 🐶

#75 Adam on 05.10.22 at 4:58 pm

The only people who want Jean Charest to win the leadership of the Conservative Party are people who would vote Liberal anyways.

#76 Shawn on 05.10.22 at 4:58 pm

Pierre P. and Central Banks

I have to agree totally with Garth here. I have no respect for simple-minded attacks suggesting for example that the Bank of Canada is financially literate.

What I observe is that a huge percentage of people commenting online appear to be bitter under achievers who are mad at the system and those who run it. I guess they do form a formidable block of voters.

And the internet gives them an echo chamber to foment in. Scary.

#77 Keith on 05.10.22 at 4:59 pm

@ Linda 52 05/09

https://www.cnbc.com/2022/05/10/andy-warhols-marilyn-sells-for-195-million-sets-american-record-.html?msclkid=12967d81d0a311ec819fccfddba0522e

The elite art market is not immune to market cycles, but it is well insulated from them. You’ll not see a Rothko or a Newman at 50% of their all time highs anytime soon.

#78 Summertime on 05.10.22 at 5:06 pm

If anything in my previous post makes sense, then central bankers are fully or partially responsible for:

1. Roaring and becoming really scary Inflation
2. Very high and becoming astronomical debt – public and private
3. Lack of savings
4. Astronomical asset prices – stocks and housing
5. Astronomical cost of living and diminished living standards.
6. Destroyed pensions and savings
through underreported inflation.

It takes a lot of guts for a central ‘banker’ to come out and state that ‘inflation’ is 2.7 % so pensions would be indexed by that when it is clear even to the blind that the real inflation is north of 15 % (conservatively) and rising.

Energy has increased by 137 %, food by 28 %, metals by 28 % in a single year.

So the attitude to hold central bankers accountable seems pretty noble to me.
I on my part have not zero, but negative trust and confidence in these charlatans.

They can always prove me wrong by increasing the rates to 18-20 %.

The very thought that they are in charge of my money is frankly frightening.

#79 Keith on 05.10.22 at 5:07 pm

Mainstream Canadians don’t want a libertarian for a Prime Minister, economically nor do they want a social conservative. This is why the Liberals have natural attack points and a strong base of moderate voters, who will put up with far too much in exchange for keeping out radicals.

PP is a very effective communicator, who is working his Tump lite message to the delight of a lot of right of center voters. It won’t play better than Erin O’toole’s 2009 Liberal platform from the last election. Canadians hew to the real center, somewhat right wing to somewhat left wing – if you go too far outside, you are not electable.

The Liberals know how to govern by opinion poll, shrinking government in the Chretien years to 12.8% of GDP, expanding under Trudeau to 16% of GDP. The young voters understand that what the private sector has taken in living standards, can be claimed from governments they elect. Roll on, child benefits.

The Liberals are ready for PP, and they probably fear Charest more. PP is all over social media, with comments that can be manipulated into fear based critique that will bury him. Opposition commentary is much easier than making policy. Another career politician? I’ve had enough of the one we have. Who will be the real savior of Canada.

#80 Quintilian on 05.10.22 at 5:15 pm

Getting old is inevitable, maturing is optional.

Do you conservatives ever stop to think why it is unlikely your vote will ever count?

Young people are so cute. – Garth

#81 Summertime on 05.10.22 at 5:17 pm

If anything in my previous post makes sense, then central bankers are also fully or partially responsible for:

7. The outright insult to watch charlatan ‘investors’ and brokers being ‘right’ about the housing ‘market’ and bragging about it.

8. The formation of class society of having houses and have-nots/3rd tier citizens

9. The stress of blind bidding wars and damage to the mental health of millions

10. The loss of trust in authorities

11. The severe misallocation of capital into non productive assets and markets that severely damages the viability of the economy.

You forgot herpes. And Drake. – Garth

#82 DON on 05.10.22 at 5:21 pm

#39 alexinvestor on 05.10.22 at 3:03 pm
So what happens the next time “unemployment hits 14% and the economy goes into recession” perhaps because of a housing crash caused by high rates ? Rates back down to 0% again because that’s would be demanded by the politicians and they did it once already and it “worked” … that’s moral hazard at it’s best.

Perhaps the better answer would be to not let debt run so rampant by setting better capital requirements … but alas, that seems to be somehow lost on the CB.

Not the bank’s job to tell people how much to borrow. – Garth
……….

Alex…you’re a big kid now! The Bank of Canada is not there to provide personal financial advice. Everyone assumes you’re a BIG KID Now!

Blaming the Bank of Canada for individual ADULT decisions is telling to a degree.

#83 Summertime on 05.10.22 at 5:24 pm

Shawn, you are direct proof of the statement that you can not eliminate the con man/snake oil salesmen without eliminating the ‘educated’ sheeple who believe them.

#84 Summertime on 05.10.22 at 5:26 pm

You forgot herpes. And Drake. – Garth

These are actually value added features of the place, not shortcomings.

#85 jess on 05.10.22 at 5:28 pm

Pierre says it erred in financing Trudeau’s spending excess.
======

negotiated the liberals were in minority

Scheer said the Conservatives had no issue with the relief package promised by Trudeau last week.

At least three parts of the bill were removed or amended — notably, the sections that granted the government unlimited tax-and-spend powers until the end of 2021. As written, the bill now grants the government unlimited spending power until June 2020. The legislation also includes “sunset clauses,” so that parts of the bill come to an end if they’re not reauthorized by Parliament through legislation.

“Few of us could have imagined being where we are today, but here we are. We are in this together, and together – with God’s help – we will get through it,” Conservative Senate Leader Don Plett said in a speech to the chamber.

https://www.cbc.ca/news/politics/covid19-coronavirus-ottawa-hill-economic-legislation-1.5509178

#86 Philco on 05.10.22 at 5:31 pm

#68 Linda on 05.10.22 at 4:31 pm
——————————
Read my link @#58..McClellans been around for eons.
There’s a lot variables…..and their trapped. They will likely slow the int rate hikes. Dr copper coughing up a lung too. Check out the carts.
People lots their minds with all the markets not just RE.
My cash is making good money now.

#87 yorkville renter on 05.10.22 at 5:40 pm

PP… is poopoo.

never had a real job in his life.
always sucked on the government’s teat
he has been in government for HOW LONG and what legislation has he written or sponsored that helps Canada?

You know, legislation – the thing that MPs are supposed to be worried about? The funny thing is – if PP were to become PM (perish the thought), I think he would be a dear in headlights.

All he knows is how to complain…

#88 PaminCyprus on 05.10.22 at 5:40 pm

What charter rights did anyone lose during the pandemic? Garth
Let me enumerate them:
1. autonomy of the person to: a)make decisions about what if any medical intervention they agree to b) have money in the bank without the state interfering with it in an extra judicious manner
2. right of freedom of association
3. right of freedom of movement
4. right of freedom of religion – related to 2. above
5. right of freedom of expression

Just get vaxed and stop being free riders. You people are so 2020. – Garth

#89 yorkville renter on 05.10.22 at 5:42 pm

#69 – Billy – Adding another voice to the ‘don’t like the Libs/NDP’ and will support Ford and Charest – but not Poilievre.

Same here. Add me to the list.

PP is not the solution – he’s part of the problem.

Actually most Cons are part of the problem… the insulated-from-reality Cons who think their bubble represents the majority of Canada.

#90 Bill on 05.10.22 at 5:51 pm

DELETED

#91 Voting for Pierre on 05.10.22 at 5:59 pm

Pierre Poilievre gets my vote.
If he gets elected as conservative leader, he has many qualities to get elected as Prime Minister.

He is smart, articulate , speaks French fluently.
His wife is a Latino immigrant , so this speaks loudly in his support of immigrants. She and her family came as poor immigrants, and worked heir way up in the immigrant story. Good for immigrant vote
He was adopted and raised by a Franco Canadian couple.
Good for French vote.
He was born in Alberta.Good for Western vote.
He knows what it is like to poor.
He is experienced in parliament, yet not too old.
He is everything Trudeau is not.
His views are contrarian to that of Trudeau.
I have never been so disgusted with a leader like Trudeau. I have never been involved in Politics either.
So I have joined the Conservative party to put in my vote for Pierre.
We need to change the system so that thatCanadians can vote for a member in riding as well as the leader.
Until that happens, any vote against Mr.Socks is good.
So, I vote for Pierre P!
$15 to join the Conservative party and put in your vote whoever you chose. Small price to have a vote!

#92 The Great Gazoo on 05.10.22 at 6:01 pm

Bought my membership and will be voting for Jean Charest. I believe he can make a positive difference in this country and has a chance of getting elected Prime Minister.

Pierre Poilievre on the other hand is a bombastic loud mouth – only value is as an attack dog. If he becomes leader of the conservative party Trudeau will think he has a shot at a majority in the next election and decide to stick around rather than pass the torch to Chrystia – and the Liberals will glide to another 4 years in power.

#93 Caroline on 05.10.22 at 6:06 pm

I was living in Montreal during the Charest years, and although I’m a not a traditional conservative voter (small c), Charest was excellent in a difficult province (speaking as an Anglophone Quebecor). That said, I’d vote for Charest as the Conservative leader in a New York minute, but I’ll NEVER vote for that whack job Poilievre because he’s whacked. That’d be like voting for some nut job American Republican. Nothankyouverymuch.

#94 under ther radar on 05.10.22 at 6:14 pm

56 – Blackstone is not interested in your house or mine. They will focus on specific asset classes and most likely swallow a REIT in that specific asset class.

#95 some guy on 05.10.22 at 6:17 pm

Pierre Poilievre is the guy in your high-school political science class that sucked the fun out of it. He seems to like the “gotchya” style politics which just comes off as cheap and toxic.

#96 Canada is done, on 05.10.22 at 6:19 pm

92, 93, 89 because of people like you who elect a charlatan like Charest – pun intended

Are there more like you out there, that is why Canada is doomed

#97 Ponnaps on 05.10.22 at 6:25 pm

Sounds like a disrupter.. don’t mind having him for a term to work things up and present a different perspective away from the somnambulism plaguing Canada in the past decade..

trust Canadian democratic systems are still strong and will impose the necessary checks and balances to preempt any extremist shenanigans..though it did fail miserably under Trudeau

#98 Sri Lanka of the North on 05.10.22 at 6:26 pm

DELETED

#99 Faron on 05.10.22 at 6:37 pm

#48 Sail Away on 05.10.22 at 3:24 pm

Would you like me to highlight the idiotic comments you’ve made about climate and climate change or the disparaging comments about same? There are numerous to choose from.

Meanwhile, there is no error in inferring your underperformance when you say what and when you bought then tracking the relative price since. Unless you are lying about what you buy and when or about your claimed multi-decade holding period. You’ve lied about that before (BlackBerry) so seems possible to likely.

#100 Dwilly on 05.10.22 at 6:50 pm

I really wanted to like PP. He’s smart and can actually talk about substance, not just an empty vessel, and after Trudeau, gosh that would be nice. After watching him though, and at the first debate, I am sad to say I agree with Garth. This guy is just ‘different problems’ than the current problems.

Too bad there literally is no one of principle to choose from. I will prob vote Aitchison in the PC contest.

#101 crowdedelevatorfartz on 05.10.22 at 6:52 pm

@#93 Caroline

Speaking of Conservative.

Where the hell is Caroline Mulroney?
A Mulroney against a Trudeau…
Classic.
Or is the Mulroney name still so toxic 30 years later she doesnt have a hope in Hell?

#102 Graphics Girl on 05.10.22 at 6:57 pm

Pierre is getting my vote. He’s been laying out the problems and walking people through the solutions in a very authentic and practical way.

He’s not coming off as your average politician which will get him the votes.

#103 Andrew on 05.10.22 at 6:59 pm

What PP and his supporters don’t seem to realize is that Canada and the US would likely have fallen into another Great Depression if money hadn’t been “printed” to support people’s basic needs. It’s easy to complain when you can’t see the alternative timelines we avoided. A return to the gold standard or putting knee-jerk restrictions on the central banks would put us back on that path, proving once again that we hardly seem to learn from history.

#104 The joy of steerage on 05.10.22 at 7:05 pm

If ya want to geld someone…PP is yer guy….otherwise he’s a reformer nutjob who ironically spent his whole life in politics…..complaining about politics…..ergo a nutjob

#105 Philco on 05.10.22 at 7:13 pm

#95 some guy on 05.10.22 at 6:17 pm
Pierre Poilievre is the guy in your high-school political science class that sucked the fun out of it. He seems to like the “gotchya” style politics which just comes off as cheap and toxic.
==========================
Politics are suppose to be fun??!
Politics a huge waist of time in and out fighting, elections called, waist of more time and money.
Politics is a shit show period.
If I ran my businesses with their type of efficiency Id be fricken flat broke like this country. Just cranked tax check for $140k to the man where a pile of it gets pissed against the wall.
Glow up people its NOT WORKING. More divide EVER!

#106 mj on 05.10.22 at 7:13 pm

Pierre destroyed Jean in the debate. Imagine what he would do to Justin in a debate.

Elicit sympathy. People do not elect bullies. – Garth

#107 Steven on 05.10.22 at 7:21 pm

I am reading these comments for an election 3 years away. Let’s wait before casting our vote. 3 years ago we had not even heard of Covid at this time. A lot can happen. People who have already made up their mind 3 years before an election are what’s wrong with this country.

#108 Don on 05.10.22 at 7:21 pm

Pierre is the only one even mentioning monetary policy. For that reason he gets my vote. What we need to make him prime minister is a massive and powerful recession between now and the next election. Looking forward to it

#109 IHCTD9 on 05.10.22 at 7:22 pm

#75 Adam on 05.10.22 at 4:58 pm
The only people who want Jean Charest to win the leadership of the Conservative Party are people who would vote Liberal anyways.
——-

Who would you choose between Chrétien or Martin, and Trudeau?

Trudeau is an extremist left-wing nut-bar nose honker. He’s right off the scale. He’s no Liberal. He’s left of the NDP. He’s just good at collecting votes from the low IQ/income slice of Canucks who fall for tactics of division, and folks for whom fear rules their lives. That’s the reason he’s PM (barely). There are a ton of historical Liberal PM’s who are leagues better than Trudeau, and never had to pander to the bottom feeders. They got votes from all kinds of Canadians.

Right now, we would be in better shape if we had elected a chimpanzee in 2015 instead of Trudeau. I’m not even joking, it’s the damn unfortunate truth of the matter.

Seriously though, if PP and Paul Martin were facing off next election, I’d have put a lot more effort into my vote than normal.

#110 Nonplused on 05.10.22 at 7:24 pm

“Pierre Poilievre was 16 and busy selling Reform Party memberships in Calgary for his idol, Jason Kenney.”

Is that a fact? Poilievre was selling Reform Party memberships at 16? And Kenney was involved?

Only facts are published on this blog. – Garth

#111 Don on 05.10.22 at 7:25 pm

#103 andrew. I respectfully disagree. We are in this mess because we refused to have recessions when they wanted to occur. If central bankers and governments had let the business cycles run their course over the past few decades, these horrific imbalances might not have occurred

#112 TurnerNation on 05.10.22 at 7:30 pm

Oh Dolce…got some fresh US data for you. Let’s call this draw:

Slide #3: https://imgur.com/0gkTJYz

https://www.walgreens.com/businesssolutions/covid-19-index.jsp

—-

https://www.wsj.com/articles/covid-19-cases-hospitalizations-rise-in-new-england-and-puerto-rico-11652094004
“Covid-19 Cases Rise in Parts of U.S. With High Vaccination Rates
New England, Puerto Rico also have rising hospitalization after faring better than much of the country previously”


Oh boy .

https://multifamilyconference.ca/
Our Expert Speakers Cover Every Single Aspect Of Multifamily Investing
I’ve hand-picked a first-class lineup of speakers to share their secrets with you…
KEVIN O’LEARY
KEYNOTE SPEAKER

#113 Work and Tumble on 05.10.22 at 7:31 pm

I have not made up my mind. Will I vote for Pierre? Need more time.
I’m from Quebec (live in Ontario) I will never vote for Charest or anyone from Quebec to be PM of Canada. The last 7 years have solidified my feelings.

#114 david on 05.10.22 at 7:31 pm

” truckers illegally occupying Ottawa streets”

For that same comment Charest will get crushed by Poilievre.
When elitist conservatives don’t believe in the right to protest (no crime was committed in Ottawa) in front of the parliament for people who lost their job, they deserve to be ignored by their base and defeated.

#115 Nick on 05.10.22 at 7:33 pm

“democratic tendencies,” that’s a laugh from the guy who is fine with martial law to squash peaceful protest by working people against draconian inane mandates, still enforced by the last remaining Covid Hermit Kingdom on Earth apart from the Middle Kingdom, because they prevented them from working at the same job they did for two years.

#116 IHCTD9 on 05.10.22 at 7:40 pm

#101 crowdedelevatorfartz on 05.10.22 at 6:52 pm
@#93 Caroline

Speaking of Conservative.

Where the hell is Caroline Mulroney?
——-

Caroline GST Mulroney?

Ahh, those were the days, when Conservatives pushed for a huge new tax because it had to be done (because of Trudeau), and the Liberals shed tears of blood over it.

Now we get rainbow sidewalks, half-masts, and apologies instead of tough love.

#117 Ponzius Pilatus on 05.10.22 at 7:40 pm

119 crowdedelevatorfartz on 05.10.22 at 10:06 am
@#114 Ponzies Perfect Platter.

I’ve been to Swartz’s Deli.
Overrated.
But you get to say you ate a Corned beef on Rye at Swartz’s….
——————
Agree,
I usually stay away from Tourist Traps.
But the family insisted.
The same one who paid too much for a vacation home.

#118 Tomas on 05.10.22 at 7:42 pm

DELETED (Anti-vaccine)

#119 jess on 05.10.22 at 7:46 pm

UN accuses Blackstone Group of contributing to global housing crisis
This article is more than 3 years old

World’s largest corporate residential landlords called out for their practices of inflating rents and ‘aggressive evictions’

….in a stinging critique of the role of private equity in the housing market UN rapporteur Leilani Farha and co-author Surya Deva, chairperson of the UN Working Group, singled out Blackstone’s business practices – which they claim include massively inflating rents and imposing an array of heavy fees and charges for ordinary repairs – as having “devastating consequences” for many tenants in countries around the world.

In a series of letters to Blackstone and government officials in Czech Republic, Denmark, Ireland, Spain, Sweden and the US, Farha and Deva accused private equity and asset management firms like Blackstone and its subsidiaries of undertaking “aggressive evictions” to protect its rental income streams, shrinking the pool of affordable housing in some areas, and effectively pushing low and middle-income tenants from their homes.”read more @https://www.theguardian.com/us-news/2019/mar/26/blackstone-group-accused-global-housing-crisis-un

see documentary, Push,
or be reminded of this “story teller”
https://twitter.com/TimMeadsUSA/status/1508442214782885890

https://www.blogto.com/real-estate-toronto/2022/03/toronto-rental-company-ceo-internet-villain-tv-show/

#120 Sail Away on 05.10.22 at 7:49 pm

#99 Faron on 05.10.22 at 6:37 pm
#48 Sail Away on 05.10.22 at 3:24 pm

Would you like me to highlight the idiotic comments you’ve made about climate and climate change or the disparaging comments about same? There are numerous to choose from.

Meanwhile, there is no error in inferring your underperformance when you say what and when you bought then tracking the relative price since. Unless you are lying about what you buy and when or about your claimed multi-decade holding period. You’ve lied about that before (BlackBerry) so seems possible to likely.

——–

Lied? If someone originally says they intend to live in their house for 5 years, but then sell it after 3, you’re going to accuse that person of lying?

Also, when buying my chosen companies, I stay with them on dips, increasing purchases throughout the drop, so cost basis usually ends up closer to the bottom. So yes, in most cases your dataset is incomplete; ergo, you are drawing conclusions from incomplete data, yielding… yep, bad science. If you don’t know, just ask, since I’m always happy to share. Or just stay quiet, which is also a fine option.

And yes, providing backup reference, in proper context, when dredging past statements to prove a point is indeed appropriate.

I’m glad we had this little tete-a-tete. Imagine if respectful discussions were possible, eh?

#121 Dazed and CONfused on 05.10.22 at 8:09 pm

Last time I checked there are 38 million reasonably sane people living in this country.

And yet here we are once again come 2025, limiting ourselves to a choice between two polar-opposite ideologues, Pierre T and Pierre P, neither of whom have ever held a real job in their lives or balanced a family budget.

You can’t make this stuff up.

#122 Comrade on 05.10.22 at 8:15 pm

You do not get to vote for the leader in Canada. Your vote is for a local representative, and he/she deserves that respect from you, and every other voter. It’s a maligned system. – Garth

True on paper, but NDP and liberal coalition made that argument baseless. As our local representative have to follow the leader orders.

#123 Kingkouros69 on 05.10.22 at 8:37 pm

Some of you are nuts. PP is the only that speaks with commonsense. If Canada votes in another Liberal government we will get what we deserve.

The point is that electing Poilievre as Con leader will give you a Liberal government. Most Canadians are moderates. He is not. – Garth

#124 Joseph R. on 05.10.22 at 8:46 pm

#116 IHCTD9 on 05.10.22 at 7:40 pm
#101 crowdedelevatorfartz on 05.10.22 at 6:52 pm
@#93 Caroline

Speaking of Conservative.

Where the hell is Caroline Mulroney?
——-

Caroline GST Mulroney?

Ahh, those were the days, when Conservatives pushed for a huge new tax because it had to be done (because of Trudeau), and the Liberals shed tears of blood over it.

Now we get rainbow sidewalks, half-masts, and apologies instead of tough love.

——————————————————

The GST (7%) in 1992 was a tax reduction. It replaced the Manufactured Good Tax (12%). The latter had to be replaced by a value-added tax in accordance with the new Canada-US Free Trade Agreement of 1988.

#125 I'm Alright Jack on 05.10.22 at 8:48 pm

If the Cons have any brains at all, they should get Charest in there. PP, while sometimes an amusing inflamer (with some valid points on finance and debt), is too far right for most Canadians these days.

Charest is directly in the centre – the centre that the Trudeau Libs abandoned in their drift far to the left. Pretty obvious who’s the correct political fit to take advantage of this void. PP can be a party whip, or finance minister, but he’s not PM material.

However, knowing the current Cons/Reformers, they’ll go for PP, and blow it again. Sad.

#126 Mark on 05.10.22 at 8:52 pm

#121 Dazed and CONfused on 05.10.22 at 8:09 pm

Last time I checked there are 38 million reasonably sane people living in this country.
————————

lol

#127 april on 05.10.22 at 8:55 pm

#88 – With rights comes responsibility.

#128 Tom from Mississauga on 05.10.22 at 8:55 pm

Shrinking work force as Boomers retire will bring Japanification of economy, multi year small declines in GDP. We have neither the economic or political system to deal with that. Our progressive tax system is based entirely on the pie getting a little bigger every year.

#129 G on 05.10.22 at 9:05 pm

David Dodge said last year that by insisting inflation is temporary, Bank of Canada was undermining its credibility. Worth nothing that Dodge was also criticizing the BoC.

Here’s the quote form Bloomberg (July 27, 2021)
“Bank of Canada officials need to “temper their enthusiasm” that strong inflation readings will be short-lived, according to one former governor.
There’s a chance underlying price pressures in the economy remain above the central bank’s 1% to 3% control range into 2023, David Dodge said in an interview, adding that policy makers led by Governor Tiff Macklem should acknowledge that possibility.
“By insisting it’s all temporary they tend to undermine their own credibility, which is unfortunate,” Dodge said by phone Tuesday. “It’s better to be humble and say that’s what we think, but of course there is a chance things could be different.”

#130 G on 05.10.22 at 9:16 pm

Garth, can you speak more to how political donations work in Canada besides the generous tax breaks you get as a result of donating? How that money is usually spent and if it makes a difference? I know we do not allow corporate donations (thank God). I recently donated 200 bucks to PP and wondering if I should give more. Got the 5 year membership too.

#131 Dogman01 on 05.10.22 at 9:17 pm

The last few years under Trudeau there has been a lot of division.

As an Albertan I have seen an establishment central Canadian government cynically devastate the O & G Sector under the guides of “Climate Change”. My suspicions that this devastation has much more to do with maintaining status quo power in Canada (Quebec\Ontario, Laurentian Elite. ) than anything to do with “Climate Change”.

I believe Canada could have been an ethical energy super power and a more prosperous nation if the establishment were prepared to tolerate a power\wealth shift in the direction of the West.
Unfortunately I perceive that the power dynamics of the Country are cynical and much more important to the establishment than the prosperity of Canadians.

So I am highly suspicious of another establishment (Blue Tie\red Tie) Quebec elite.

Status Quo power is much more important to our ruling class than prosperity of Canadians.

“War is when your Government tells you who the enemy is. Revolution is when you figure it out for yourself”

#132 Concerned Citizen on 05.10.22 at 9:22 pm

No one disputes – except perhaps PP and his most devout followers – that the BoC shouldn’t have stepped in at the outset of the pandemic. A deflationary spiral was a major fear at the time.

Yet the BoC is supposed to be data dependent, and for the last year plus they have stood idly by while inflation rages and the real estate bubble continues to grow to new heights. Not even a single token 25 basis point rate hike to signal the market to simmer down. This ran contrary to what just about the entire economic establishment was calling for. Whenever a supposedly independent body does not act on the data, it’s fair to questions its motives. And the Tiff BoC deserves a tremendous amount of scrutiny over its serious policy failures.

PP is tapping into the legitimate outrage among young people about home prices increasing literally 100% over the last 6 years – what ought to be a national outrage and emergency. On the other hand, you have Minister Hussein – himself a landlord – boasting at length in the House about how much the Liberals are doing, while the Finance Minister virtue signals about the intergenerational injustice. Meanwhile, they actually do next to noting to address the real causes. Whether through neglect or on purpose, the problem just keeps getting worse and worse.

So what the heck is a middle of the road voter supposed to do? Vote for a populist who probably won’t make much of a difference either, or a government that in 6 short years has allowed a serious housing affordability crisis to mushroom into what ought to be seen as a full-on national emergency? Just a brutal situation all around for voters.

The federal government is not responsible for house prices. Maybe someone should tell them that. – Garth

#133 Flop… on 05.10.22 at 9:31 pm

It’s probably pretty safe for me to go back home now…

M47BC

“Victoria has become the first state to ban the Nazi swastika, with people caught displaying the symbol in public set to face huge fines or even jail time.”

#134 crowdedelevatorfartz on 05.10.22 at 9:40 pm

I’m thinking we should name todays “dog photo”
Sailio and Faron …..

#135 Lisa on 05.10.22 at 9:43 pm

Ah, Skippy. My clearest memory of what an idiot he is goes back to when he had the poor judgement to disparage Indigenous people on an Ottawa radio show on the very same morning that the PM was apologizing in Parliament for residential schools.

I thoroughly enjoyed David Dodge’s blunt but highly accurate assessment of PP’s comments on our central bank. Thank you for highlighting them here.

The Cons are upset about the Liberal-NDP deal keeping the Libs in power, but they are doing that all on their own with this foray into Trump style populism. And this bothers me as much as anyone given that I cannot stand T2. Cheers.

#136 The Regulator on 05.10.22 at 9:43 pm

The bank of Canada used to work for Canadians. Until Justins’ dad Pierre sold us out. The bank became a tool of international banking interests, and suddenly we were making interest payments to them and carrying 700 billion in debt. From money they loaned us. Our money. Good job, guys.

Did you know that you can say anything on the Internet without reference or basis in fact? – Garth

#137 Philco on 05.10.22 at 9:48 pm

A thought.
Rather than then the powers that be PRETEND they the give a rats ass on your cost of living.
Lets just take fossil fuels. Your dead without them.
Put a ceiling on all the ever expanding fuel tax. 2 bux a litre
Home heating, Nat gas for fertilizer = food, Diesel for transport of 18 million things.
The bazillion extra things that cost average Canuckle heads these you fams ALOT.
Put a ceiling on tax on the energy prices.
Whos the biggest winner on that shit? Doe heads at the helm.
Bunch of clowns here could figure their way out of a wet paper bag.
This is Simple, easy but the pigs pretending they care…..
Major inflation relief.

#138 Flop… on 05.10.22 at 9:49 pm

#131 Bdwy on 05.10.22 at 2:12 pm
No money is ‘lost’ if paper declines are not realized. – Garth

Unless it’s a house ;)
Only if you’re a specker. – Garth

#132 Bdwy on 05.10.22 at 2:21 pm
One to watch. A teardown 1 block from comm dr. Just listed.
Its listed in line with the recent high water mark for the area. 1.25x size and price of std lot. Land value only.
Ask is 2.5
Softer maybe. Higher unlikely. I expect close to ask and quick sale.

#133 Bdwy on 05.10.22 at 2:26 pm
This one.
1765 GRAVELEY STREET
Vancouver, British Columbia V5L3A9
MLS® Number: R2676559

$$$$$$$$$$$$$$$$$$$$$$

They paid 2 million flat April 2021

Probably need to get 2.25 and a free subscription to this blog to break even…

M47BC

#139 JEFF13 on 05.10.22 at 9:55 pm

Moral people know morality, even when laws have not caught up. – Garth

Hope you don’t think Johny Charest is a moral guy. His legacy as Quebec Premier is one after another corruption scandals. Several books such as PLQ inc. have been written on the topic…

#140 Quintilian on 05.10.22 at 10:07 pm

Hey Philco, you do know that governments are not supposed to be a profit center, right?

Just remember that when you need to go to the hospital or when you send your child to school.

#141 Philco on 05.10.22 at 10:08 pm

Apologies on the grammar ect I can do better.
Dont proof or care much but a few things pretty bad.

#142 Conan on 05.10.22 at 10:10 pm

Petulant PP and his Trump wrap take on populism. Such a gift for the Federal Liberals. JC loses and he goes to Plan B. That being the Progressive Conservative Party rebirth. Guarantees the Liberals government for decades, but sets the PCs up for future glory. What the Cons have now can not win.

#143 Doug t on 05.10.22 at 10:11 pm

But people want leaders who are not extremists and especially not opportunists.

I’m not so sure anymore

#144 Concerned Citizen on 05.10.22 at 10:16 pm

The federal government is not responsible for house prices. Maybe someone should tell them that. – Garth

*****

I just don’t buy it, Garth. Since coming to power 6 years ago, the Liberals:

– Have not done anything to combat money laundering in real estate, what many credible organizations have identified as a serious issue in Canada compared to other countries.

– Have dramatically ramped up immigration levels – and therefore housing demand – with no plan whatsoever on where and how to house all these newcomers (not to mention young Canadians).

– Have not done anything to stop and/or meaningfully limit foreign buying of residential real estate. I read another report just yesterday about another student with a $20M+ real estate portfolio yesterday. I’ve seen a lot of stories like that over the last few years, and still nothing gets done.

– Have not curbed domestic speculation, or suspect real estate sales tactics.

I agree that the prime responsibility for housing supply is with the provinces and municipalities. Yet the levers the Feds can pull – primarily on the demand side – have been left rusting and un-yanked.

The Canadian residential real estate market is a raging inferno, and over the last 6 years the Liberals have been trying to extinguish it with a water pistol filled with gasoline. They aren’t even trying – it’s clear as day. Virtue signaling aside, they are clearly quite pleased with the status quo – otherwise they’d actually start doing something about it.

#145 Doug t on 05.10.22 at 10:20 pm

Confession- I hated Harper so badly that I voted T2 in just to get rid of Harper – AND now in this twisted parallel universe I will vote Con to get rid of Mr. Socks – go figure lol

#146 When Will They Raise Rates? on 05.10.22 at 10:29 pm

If PP doesn’t win, I’m thinking 2000 moose.

#147 Reality sets in on 05.10.22 at 10:34 pm

#87 Yorkie Renter

PP… is poopoo.

never had a real job in his life.
always sucked on the government’s teat
he has been in government for HOW LONG and what legislation has he written or sponsored that helps Canada?

You know, legislation – the thing that MPs are supposed to be worried about? The funny thing is – if PP were to become PM (perish the thought), I think he would be a dear in headlights.

All he knows is how to complain…

^^^^^^^^^^^^^^^^^^^^^^^

Wow, for a minute this sounded like you were describing Joe Biden…LOL

#148 cramar on 05.10.22 at 10:35 pm

So many parallels with Pierre Poilievre and Donald Trump. You’d think more Canadians would have learned from extreme American politics and determine not to follow that route up here. Conservative/Republican politicians and voters seem to want to become sycophants to an extreme leader because moderation is no longer in fashion.

So went Amerca, so goes Canada? I hope we are better than that, but not optimistic.

#149 The Moral Majority on 05.10.22 at 10:38 pm

#1 Hans

Just so things are represented fairly… the illegality of the truckers protest was after Pollivre’s foray into supporting them. Likewise with most donors that had their accounts frozen. Their actions were determined to be illegal even though they were legal at the time…
………….

Moral people know morality, even when laws have not caught up. – Garth

..This concept does not apply to Justin Trudeau…

#150 Observer on 05.10.22 at 10:48 pm

#114 david on 05.10.22 at 7:31 pm
” truckers illegally occupying Ottawa streets”

For that same comment Charest will get crushed by Poilievre.
When elitist conservatives don’t believe in the right to protest (no crime was committed in Ottawa) in front of the parliament for people who lost their job, they deserve to be ignored by their base and defeated.

^^^^^^^^^^^^^^^^
CSIS and RCMP disagree with your assessment of the Ottawa occupation (err I mean protest).

Canada’s spy agency was concerned extremists might commit violence and recruit members when the Freedom Convoy rolled into Ottawa earlier this year, its director told lawmakers on Tuesday night.

“We have seen a number of individuals, who were of concern to CSIS prior to the convoy, being engaged online and also in person in the context of the convoy,” Vigneault[CSIS director] said while testifying before a special joint committee investigating the invocation of the Emergencies Act in February, in response to the protests that occupied blocks of downtown Ottawa for weeks.

“The concern we had with the convoy, at the outset and throughout, was the fact that we have seen in Canada, in other jurisdictions, violent extremists using these protests and demonstrations to engage in acts of violence, to recruit members, to be able to spread their ideology further.

CSIS was also concerned about the risk of lone actors, who would “be engaged in violence spontaneously,” Vigneault said.

CSIS was aware of the “opportunities that large gatherings and protest” offer for violence and recruitment to ideologically motivated violent extremism (IMVE), a broad term used by the agency to cover various grievances including those from far-right, anti-authority and anti-government, and racist groups.

One of the concerns for the agency was a memorandum of understanding issued by Canada Unity, one of the groups organizing the convoy, calling on the Governor General and the Senate of Canada to form a new government with the protesters themselves.

https://www.cbc.ca/news/politics/csis-rcmp-convoy-violence-1.6448734?__vfz=medium%3Dtray_notification#

#151 McSteve on 05.10.22 at 10:55 pm

I’m a centrist who would love to see Trudeau replaced by a centrist Tory. I will never vote for Skippy.

#152 DON on 05.10.22 at 11:05 pm

Pierre P…ah ha ha ha ah ah ah ah.

Geezus. What a choice. Listen to yourselves. The King of Idiots os the most respectful thing I can say.

#153 Pylot Project on 05.10.22 at 11:39 pm

The point is that electing Poilievre as Con leader will give you a Liberal government. Most Canadians are moderates. He is not. – Garth

===

We just had two different moderates as Conservative Leader. How did that work out? I’m not saying PP is the answer, but Charest is a Liberal in sheep’s clothing. Personally I think Leslyn Lewis has the best chance of destroying the Liberal cabal.

An even worse choice. Socons are an anathema to the majority of voters. She’s the current queen. – Garth

#154 IHCTD9 on 05.10.22 at 11:46 pm

#144 Concerned Citizen on 05.10.22 at 10:16 pm

I just don’t buy it, Garth. Since coming to power 6 years ago, the Liberals:
——

Indeed. Hence, the Trudeau Libs have come to be known as explicit financial supporters of asset owning OSC’s. No other logical assertion is possible. I stand and bear witness to it myself, first hand. The proof is in my bank account, my assessment, and my portfolio. Bigly gains since 2015, and that’s putting it mildly.

In fact, the only folks evidently not up to speed on this, are the young non asset owning Canadians who vote Liberal. My empathy cries out to reveal to them this exquisite deception, but my brain says don’t waste your time.

My bank account also says don’t waste your time.

#155 Kevin on 05.10.22 at 11:59 pm

Great post, Garth. Moist centrist millennial here, would vote for Charest but absolutely won’t vote for PP. Not a huge fan of Trudeau either, but would vote for him over PP if I had too.

#156 Summertime on 05.11.22 at 12:02 am


#103 Andrew on 05.10.22 at 6:59 pm
What PP and his supporters don’t seem to realize is that Canada and the US would likely have fallen into another Great Depression if money hadn’t been “printed” to support people’s basic needs. It’s easy to complain when you can’t see the alternative timelines we avoided. A return to the gold standard or putting knee-jerk restrictions on the central banks would put us back on that path, proving once again that we hardly seem to learn from history

That great depression would have been caused by their pre and post GFC of 2008-2009 actions in first place. It would even be based on the root cause of the GFC which was again bad monetary policies and excessive credit.

How did they solve the original problem? By more of the same – excessive credit and money printing combined with zero rates for a very long time. Money does not have zero cost and it is not designed to be managed by central bankers, but by market participants.

Do not defend the arsonists.

After all this mess central bankers should be hold accountable. ‘Sorry, we were wrong’ should not work out this time, as they do not even have the decency to acknowledge their mistakes and still as we speak with inflation skyrocketing, rates ate at 1 %.

As for alternatives, I outlined it in my first post.

#157 Summertime on 05.11.22 at 12:10 am

And to finish on central bankers:

Who in their right mind will grant full control and custody (through digitalization) of their money as measure of labour and capital to the same charlatans who caused the mess that we are in in first place? Rewarding for bad behavior (as is also the case with the credit junkies) is not a good idea.

What if the charlatans decide to enforce negative nominal rates directly on your accounts, claiming that there is deflation, in addition to the strongly negative real rates that we enjoy now?

#158 Moved_from_Ottawa_to_Edmonton on 05.11.22 at 12:32 am

Mostly voted Con in my long life, but have also voted Lib. This time around, Pierre gets my vote. Charest is a has-been, brings too much baggage with him, and was once a Liberal. I really like Lewis, but unfortunately I am pretty sure her French isn’t up to speed, and Canada as a whole isn’t quite ready to vote for her.

#159 Diamond Dog on 05.11.22 at 12:54 am

I was hoping you would bring up the early bird leadership debate Garth. For those who didn’t watch it, here it is:

https://www.youtube.com/watch?v=Ow_snCM9CZ4&t=3552s

My take on it… opening statements, Pierre was all about freedom. I find it borderline offensive when someone tries to sell me freedoms I already enjoy. Seriously. More often than not, the guy pushing “freedom” is the first one to take it away.

First question, “why did Erin O Toole lose, why have the Cons lost the last 3 elections and what will you do to achieve a better strategy?”

Everyone answered with “we” and “teamwork” with a pluralistic response except for Pierre, who talked only about himself in self aggrandizing fashion.

What did Pierre do during the rest of the debate? He attacked Charest and was quite dishonest with some of his attacks. If you’re going to attack someone and get personal, you had best be honest and truthful. Sadly, this was lacking from Pierre. It was classless and over the top what he did, hardly the actions of PM material.

What I saw during the debate from Pierre was narcissism, sadly. It looks as though Pollievre picked up a bad habit during his years in politics.

Pierre’s got the “us vs them” bug too. When I hear anyone use the word “elites”, it’s cringe worthy because of what it invokes. It’s not just “us vs them” mentality, it’s “superior vs inferior” and reeks of self projection through and through.

There are the not so subtle hypocracies of Pierre such as claiming freedom means defunding the CBC for example, How can one straight faced connect those dots. Or being against vaccine mandates from the start, I don’t think the average voter has appreciated what vaccines did over last winter in terms of keeping ICU’s overwhelmed. Not having vaccines mandated would have been a dumb choice.
Like, really dumb. It might be populist to tell people “do what ever you like” when it comes to health or a pandemic, but it’s not responsible. We are likely going to find out the hard way this winter just why that’s so.

I don’t know what’s more alarming, Pollievre forming a federal government, or the numbers of people it would take that would put him there, all too unaware to see Pollievre for what he is, a narcissistic nerd with plenty of attacks and putdowns without merit, but offering few working solutions. The Libs are long in the tooth and beg to be replaced by better. That Pollievre is even being considered for PM… I don’t know whether to laugh or cry.

https://www.youtube.com/watch?v=rn0GTM4aYg8&t=44s

#160 al on 05.11.22 at 1:13 am

Poor Pierre Polievre, it’ll never be enough.

#161 Faron on 05.11.22 at 1:33 am

#120 Sail Away on 05.10.22 at 7:49 pm

cost basis usually ends up closer to the bottom.

Haa ha ha. Sure der bud. About as true as my tale of rolling in the rhodos with you-know-who. LOL.

#162 Lenny on 05.11.22 at 2:02 am

Most Canadians are indeed moderate but due to the hard left turn by the Lib/NDP/media into wokeland, now find themselves portrayed as right wing nut bars. The playing field has shifted left, and lot of average people are very very unhappy. If PP plays gentle right I’d expect a landslide. JC looks to me like a tired lib retread, pointless.

#163 Bart on 05.11.22 at 3:06 am

I just retired last week and after 38 years of working full time,working 86,000 hours of my life, I am done pulling the wagon anymore. My wife and I never understood and really cared about a portfolio or investment and asset mixes and allocation. It is all a bunch of complications to confuse the small person who goes to work and takes care of their family. I stayed up tonight found this place and found it interesting but most of the stuff financially here just goes over my head as I am the sole financial provider and financial steward of our household finances.

The rising cost of living, inflation, taxes are a concern since we started a family and will always be a concern. My family from cousins to brothers, sisters etc. all doubted we could retire in our 50’s, I am 58 my wife is 56. We did pretty well with always maximizing 3 key things in our lives, debt reduction, elimination as fast as possible, take full advantage of RRSPs, spousal RRSPs, RESPs, TFSAs and other tax benefits, compounding etc., living within our means and keeping and saving on average 20% a year of net pay, income to start and more each year if possible. In our last year we are at 35% of net pay, income.

Our RRSPs, spousal RRSPs, TFSAs and other GICs, term deposits, all staggered from 1 to 10 years is generating our current $59,000 a year interest income and still keeping us in a pretty low tax rate of 7% because of our RRSPs, TFSAs tax deferred, tax free interest income being sheltered. We have no debt, $700,000 equity on our primary residence, house, $175,000 life insurance policies for each, $1.92 million in GICs, term deposits with a few financial institutions CDIC, FSRAO deposit insured. I know many former co workers and some of my family, friends that are flushed with real estate equity but have little to no cash but have lines of credit, other mortgages on their properties. They have higher incomes but are vulnerable to debt and interest rate increases, property repairs, maintenance, possible bad tenants, vacancies, and much higher property assessments and big property tax, other possible taxes on real estate, capital gains etc., home insurance hikes. I see the next few years as really putting them in a bind no matter who gets elected in Canada. Alot of Canadians in their mid 50’s to 60’s are going to have to rely on reverse mortgages, mortgages at 7% to 10% interest rates+ fees and be in debt plus live with high inflation, taxes reducing their standard of living to second class.

#164 Lars on 05.11.22 at 3:25 am

I am disabled from a workplace accident, get my $2,950 a month disability plus some medical costs covered every month. I am lucky in the sense I am 57 and have no debt but now I am needing $60,000 for some home repairs and I do have $650,000 in equity as the house is worth that much but shopping around with different mortgage brokers, lenders etc. the best I can do is a 5.66% but I see 3.89% to 4.45% for 5 year fixed rates. They keep telling me it is because I am only have disability income and not a full time job. Is this true? I heard from my sister who is worse off than me with only her CPP disability of $1,365 a month plus she gets a small monthly payout from her workplace pension of $650 a month and she is living on her savings too was quoted even higher mortgage rates of 5.96% to 7.15% for 5 year fixed rate mortgages.

#165 Phylis on 05.11.22 at 7:21 am

#163 Bart on 05.11.22 at 3:06 am Congrats Bart! More time to post here eh? Stick around long enough and the lessons will make sense. Just don’t stick too much to the comments!

#166 crowdedelevatorfartz on 05.11.22 at 7:22 am

@#151 McSteve
“I’m a centrist who would love to see Trudeau replaced by a centrist Tory. I will never vote for Skippy.”

+++
If voters behave like they have in the majority of previous elections.

It won’t be a vote “for” the Conservative Leader (who ever that may be be).
It will be people voting “against” the incumbent Liberal.

Can we really afford ANOTHER 6 years of Liberal and NDP cash handouts?
A 2 Trillion dollar debt?

#167 crowdedelevatorfartz on 05.11.22 at 7:25 am

@#164 Lars
“shopping around with different mortgage brokers, lenders etc. the best I can do is a 5.66% but I see 3.89% to 4.45% for 5 year fixed rates. ”

+++
Its called inflation .
Get used to it.
It’s going to get much much worse.

#168 Dharma Bum on 05.11.22 at 8:04 am

#13 Faron

It’s always the engineers who don’t know how to keep their lane.
——————————————————————————————————

Exactly.

That’s why they invented rails to keep the engineers from veering their trains off track.

When I was a little kid, I always wanted to be an engineer.

Choo-choo.

I knew you’d like that.

#169 Jay (Not that one) on 05.11.22 at 8:13 am

The problem with “centrism” is that when one of the poles drives so far that “centrism” is actually radicalism.

We’ve got a fascist dictator in power seizing bank accounts of political dissidents. Going half-way with someone like that isn’t acceptable, especially given the facts.

If you ran on Jean Chretien’s platform from 2000, you’d be called a racist sexist homophobic transphobic American Russian (because that’s just der Fuhrer’s go-to insult). I suspect that if you ran on Jack Layton’s platform from the same year you’d be called the same thing. I suspect that if you ran on any party’s platform from 2008 you’d be called the same, or 2012. Hell, if you ran on what der Fuhrer said in 2019, you’d probably be called the same.

So you’ve got a “center” that takes the party of just a few elections ago and makes them super far right to the extent that nobody could possibly espouse those values or risk having their banking taken away.

Sorry, you can’t choose a “center” under that circumstance. The overton window has been moved too far. It’s time to push back. If we’re just choosing between the NDP, the NDP, the NDP, or one of the parties that aren’t going to win, then most people will vote for staying at home and watching youtube videos.

#170 T Rex and the dinosaur clique on 05.11.22 at 8:20 am

Should be able to get some good anecdotes on buyer’s remorse.

Social media is blowing up with stories of people who can’t close.

One guy in the west end bought a 2.1 mil house as an “investment” and appraisal came back 1.7

He says he is walkin away.

Can’t do that in Ontari-owe. Gonna get his butt sued off.

Lots of sob stories.

When the tide goes out you get to see who was skinny dipping.

Looks like a lot of people….

#171 Sail Away on 05.11.22 at 8:21 am

#161 Faron on 05.11.22 at 1:33 am
#120 Sail Away on 05.10.22 at 7:49 pm

cost basis usually ends up closer to the bottom.

——–

Haa ha ha. Sure der bud. About as true as my tale of rolling in the rhodos with you-know-who. LOL.

——–

Sigh. Or you can do it your way, disrespectfully.

Fair warning: this path has always in the past resulted in your flouncing away in a hissy after periodic mental implosion every 3-4 months. But ok. Free will and all.

May as well go for the full doxxing now. Stalking too. Concerted action, bro, since there’s nothing more irritating than a fence-sitter. Release the dogs of weirdo.

Slept in until 5am today. Now working on April’s invoicing. Looking good, yowza!

#172 Sail Away on 05.11.22 at 8:37 am

#159 Diamond Dog on 05.11.22 at 12:54 am

What did Pierre do during the rest of the debate? He attacked Charest and was quite dishonest with some of his attacks. If you’re going to attack someone and get personal, you had best be honest and truthful.

———-

Yes. Despicable behaviour. Anyone who does this should be sentenced to military boot camp immediately, preferably Marine Corps.

#173 Lemmings will be lemmings on 05.11.22 at 8:38 am

155 Kevin on 05.10.22 at 11:59 pm
Great post, Garth. Moist centrist millennial here, would vote for Charest but absolutely won’t vote for PP. Not a huge fan of Trudeau either, but would vote for him over PP if I had too.

That is why Canada the fake country is DOOMED, this is the average IQ and logic of the average voter after 7 years of financial TERROR

No, it’s actually why the Reform-Socon Cons must understand the road to power runs through the middle, not the fringe where people think insults and ridicule make then strong. The opposite. – Garth

#174 Dominoes Lining Up on 05.11.22 at 8:45 am

And so it has begun…..

https://www.thestar.com/business/real_estate/2022/05/11/bought-a-house-when-the-market-was-hot-and-now-regret-it-youre-not-alone.html

“Tired of waiting for a break in Toronto’s hot pandemic market, the real estate broker bought a four-bedroom bungalow in March, near Martin Grove Road and Westhumber Boulevard in Rexdale for $1,285,000.

Now, the realtor of 12 years is looking enviously at the declining market as he approaches his June closing. Other bungalows in the area are now going for $1.1 million.”

“But it could get worse. The seller can relist the home and if they don’t get as high an offer as what they previously accepted, they can sue the first buyer for the difference, said Matthew Gibson, a real estate lawyer in Hamilton.

That happened after the market dip in 2017. In a case that went to the Ontario Superior Court, a buyer backed out of a deal in Richmond Hill just as the market was cooling. The seller relisted and sold for a lower price, then sued the original buyer — and won $810,000 for the difference between the original sale price and what the seller eventually sold for, plus other costs. (That number wasn’t including any legal costs, which the judge still had to review.)”

“Mary Sialtsis, a mortgage broker at Concierge Mortgage Group, says she’s concerned about anyone who bought before the April 13 interest rate hike whose closing is at the end of May or later, because values are dropping.

During the market peak, sellers were receiving so many offers they weren’t even considering conditional ones. That pushed some buyers to make high, firm offers just ahead of the market softening. Now, as they near their closing date, appraisals are coming back tens or hundreds of thousands of dollars short, leaving people scrambling to pay the difference or risk losing their deposit — or worse.

Last month, an investor bought a detached home in Burlington on an unconditional offer of $2.1 million with a short closing, only for the appraisal to come back at $1.7 million, said Ian Minton of Ambassador Mortgage Solutions, which previously worked with the client.”

The moaning is only beginning. This is starting to make 1989-1995 look mild in comparison, only a month into the changeover.

We said so. – Garth

#175 Condos, cheap Condos everywhere on 05.11.22 at 8:45 am

DELETED

#176 Bertie Wooster on 05.11.22 at 8:56 am

cost of 1 border collie puppy -$3500
orthopedic surgeon paid $700 in Ontario to perform total hip replacement
So lets see Gotta do 5 hips to get 1 puppy
no wait- that’s 10 hips because taxes
no wait – that’s 11 hips because HT
So havre to do 11 hip replacements to be able to buy a puppy

#177 Bonobo on 05.11.22 at 9:03 am

Pierre gets my vote from Alberta.

The soft middle of Canada needs to wake up to the diabolical reality of the NDP-Liberal coalition government. They need to realize that Canada is going to break apart if they continue to support them.

You can’t have fiscal conservatism without a decent level of social conservatism.

If the soft middle of Canada continues to support the leftist coalition into the next election then I can’t wait for most of the west to leave Canada.

Many of you will only have yourselves to blame for what will come next.

You sound like Putin. – Garth

#178 Born in 2003 Ottawa on 05.11.22 at 9:10 am

Pierre used to blast Trudeau in Parliament for encouraging “money printing”, yet when the BoC finally raised hikes, he lamented that it will affect working families who have debt.

Hypocrite much?

#179 Senator Bluto on 05.11.22 at 9:13 am

DELETED

#180 Crystal ball futurist on 05.11.22 at 9:27 am

The question to be asked is:

Who can lead Canada towards long term Peace and Prosperity?

Unfortunately, none of the current contenders qualify.

#181 Faron on 05.11.22 at 9:31 am

#171 Sail Away on 05.11.22 at 8:21 am

Shall we keep it simple?

First principle is a Hawaiian surf line-up rule:

Respect gets respect

Second principle: if I observe disrespectful, clownish, humility bereft or bullying behavior I will approach with very little respect. I.e. if I observe a dude rolling coal, my view of them will be deeply negative ~forever. An engineer who comes stumbling into my inbox with some “data” refuting climate change starts off on a pretty bad footing (they do get respect because I treat all work emails and inquiries respectfully; did I mention it’s always engineers?).

That’s it.

Unfortunately, my early days lurking in comments (when I had no skin in this game and could apply objectivity) placed you so deeply in the second category that I couldn’t, with any integrity, apply the first. You’ve shown me (and others) continuation of that frequently abhorrent behaviour, so why should I now be respectful? Despite your occasionally funny dad jokes…

W/re doxxing: be a strong person of personkind (in the before times this was known as being a “man”) and do it yourself.

You never will because you don’t want your name associated with your words or the attention you draw. Or, you are afraid the co-principles (co-owners?) of your business will see you.

#182 Faron on 05.11.22 at 9:39 am

#176 Bertie Wooster on 05.11.22 at 8:56 am

A skilled orthopedic surgeon can do a total hip in well under two hours. Closer to an hour. If that’s $700 after overhead, that’s a decent wage…

#183 Thomas on 05.11.22 at 9:55 am

Pierre gets my vote from Alberta.

The soft middle of Canada needs to wake up to the diabolical reality of the NDP-Liberal coalition government. They need to realize that Canada is going to break apart if they continue to support them.

You can’t have fiscal conservatism without a decent level of social conservatism.

If the soft middle of Canada continues to support the leftist coalition into the next election then I can’t wait for most of the west to leave Canada.

Many of you will only have yourselves to blame for what will come next.

You sound like Putin. – Garth
_______________________

Waaaaat? That something Putin will say. Garth are you off your meds????? Reasonable Canadian assertions are dictatorship words…what the what? How is anything he wrong something Putin would say? You’re just lobbing insults at your blog members again because; aghast – they don’t have the exact same thoughts as you. I’m ashamed to read this blog anymore. Utterly ashamed.

Me, too. – Garth

#184 Nelson from the Simpsons on 05.11.22 at 10:03 am

The host better buy some popcorn and get a cup of whiskey. Lots of Greater Fools regret buying:

https://www.thestar.com/business/real_estate/2022/05/11/bought-a-house-when-the-market-was-hot-and-now-regret-it-youre-not-alone.html

HA-HA!

#185 D Apostrophe on 05.11.22 at 10:16 am

DELETED

#186 jess on 05.11.22 at 10:21 am

even time was mandated

…”Time, in other words, has always been a product of the human imagination—and a source of tremendous political power. Julius Caesar knew this when he reshuffled the Roman calendar in 46 B.C.E. to insulate it from the priesthood. Joseph Stalin thought the weekend was a bourgeois luxury; he abolished it in 1929 in a bid to transform ordinary Russians into good Communists.”

———————————
Atlassian co-CEO Mike Cannon-Brookes
is putting his money behind an effort to make Australia’s
biggest power company stop spewing carbon.
https://www.forbes.com/sites/davidjeans/2022/05/11/mike-cannon-brookes-bets-agl-coal-climate-change/

#187 Oil baby oil oil and gas on 05.11.22 at 10:30 am

DELETED

#188 Diamond Dog on 05.11.22 at 10:44 am

#172 Sail Away on 05.11.22 at 8:37 am

Mature people use criticisms with merit ok? That’s not what I saw during the debate from Pierre. His attacks against Charest taking money on the side from Huawei without a shred of proof, painting Charest as a corrupt politician with hyperbole to the extreme, smearing Charest as a Liberal when there was no other Federalist alternative in Quebec provincial politics, there wasn’t even a Conservative party in existence in Quebec, what were Charest’s choices here, seriously!

https://en.wikipedia.org/wiki/Conservative_Party_of_Quebec

And the level at which Pierre did it… just watch the debate, this is not behavior becoming from someone who is quite literally running for the most powerful office of the land. I was embarrassed for him and his supporters. Had to be, since they didn’t have enough morality to be embarrassed for themselves.

The sick part in all this, Poilievre enjoyed it. If this turns your crank is so called effectively smearing someone with lies, again, watch the debate and note Poilievre’s self satisfaction. I can go at great length to discuss just what is so wrong with that but to cut to the chase, we don’t need another PM with a major blind spot from a personality disorder. If this narcissistic nerd wins the nomination, it ends in tears.

#189 Damifino on 05.11.22 at 11:05 am

#183 Thomas

You can’t have fiscal conservatism without a decent level of social conservatism.
—————————————

Nonsense. They are utterly unrelated.

However, it is true that you can’t have fiscal liberalism without a lot of Conservative’s money involved.

#190 Sail Away on 05.11.22 at 11:13 am

#188 Diamond Dog on 05.11.22 at 10:44 am
#172 Sail Away on 05.11.22 at 8:37 am

Mature people use criticisms with merit ok? That’s not what I saw during the debate from Pierre. His attacks against Charest taking money on the side from Huawei without a shred of proof, painting Charest as a corrupt politician with hyperbole to the extreme, smearing Charest as a Liberal when there was no other Federalist alternative in Quebec provincial politics, there wasn’t even a Conservative party in existence in Quebec, what were Charest’s choices here, seriously!

———

Correct. I agree completely. PP has no respect for others and engenders no respect for himself. A yapping Pomeranian.

There are ways to disagree respectfully and there are ways to disagree douchefully PP uses the latter.

He needs to try that with Mike Tyson on a plane.

#191 Satori on 05.11.22 at 11:14 am

#99 Faron on 05.10.22 at 6:37 pm
#48 Sail Away on 05.10.22 at 3:24 pm

Would you like me to highlight the idiotic comments you’ve made about climate and climate change or the disparaging comments about same? There are numerous to choose from.

Meanwhile, there is no error in inferring your underperformance when you say what and when you bought then tracking the relative price since. Unless you are lying about what you buy and when or about your claimed multi-decade holding period. You’ve lied about that before (BlackBerry) so seems possible to likely.
—————————————————-
Didn’t you say you were leaving forever???? Ahh over seven times in the short time I have been here, and you keep coming back.
You’re ruminating and keep a score sheet for Sailaway?…PPPPLEASE talk about calling the kettle back, if Anyone is a lie – it’s You.

#192 This blog is the greatest on 05.11.22 at 11:29 am

#182 Faron on 05.11.22 at 9:39 am

#176 Bertie Wooster on 05.11.22 at 8:56 am

A skilled orthopedic surgeon can do a total hip in well under two hours. Closer to an hour. If that’s $700 after overhead, that’s a decent wage…

My neighbor does them in his basement for $500… picked the skills up on the internet.. google is your friend.

#193 IHCTD9 on 05.11.22 at 11:31 am

1.989 out in the boondocks now. No one seems to be growling too much about it yet – even though just about everyone out here drives a honkin’ big 4×4.

#194 Bonobo on 05.11.22 at 11:37 am

@#183 Thomas

You can’t have fiscal conservatism without a decent level of social conservatism.
—————————————

Nonsense. They are utterly unrelated.

—————————————

Social conservatism is a powerful foundation in society for Fiscal conservatism.

Scratch the surface of most western socially conservative families in the world and you will probably find a higher level of them living within their means.

I’m not sure this is the overwhelming setiment for Socialist/Marxist leaning families, many of whom would prefer the state to borrow to cushion them from their indulgences.

Work hard and if you don’t work you won’t eat. Also live within your means and try to contribute instead of being a leech. There are execptions who need help but the vast majority are just lazy.

Be as uppity and morally superior as you want, but the path to power leads through the middle. Socons will never be elected to lead Canada. – Garth

#195 Sail Away on 05.11.22 at 11:37 am

#181 Faron on 05.11.22 at 9:31 am
#171 Sail Away on 05.11.22 at 8:21 am

Shall we keep it simple?

First principle is a Hawaiian surf line-up rule:

Respect gets respect

——–

Finally! Abusers so often do not recognize their own abuse. Please review your following words to me yesterday:

“you have disparaged with some truly idiotic comments”

“a community — Nanaimo — that stands to need to adapt to climate change. You should be careful C. I’m not going to doxx you beyond that”

“a Neanderthalic engineer”

“It’s always the engineers who don’t know how to keep their lane.”

“which you suck at”

“your lack of humility and occasional lies or very misleading statements are all why your [sic] are a clown in a suit.”

“Haa ha ha. Sure der bud. About as true as my tale of rolling in the rhodos with you-know-who. LOL.”

[an amusing little anecdote you related about having sex with my wife, a provincial manager in the same scientific field, BTW, and for the record, less than amused. Very respectful.]

#196 Faron on 05.11.22 at 11:59 am

#192 This blog is the greatest on 05.11.22 at 11:29 am

.. google is your friend.


I didn’t need google, but googling yields:

https://www.hss.edu/condition-list_hip-replacement.asp

#195 Sail Away on 05.11.22 at 11:37 am

same scientific field

Uh, no she’s not, but maybe you get your sciences mixed up befitting your lack of comprehension of climate change science. But, it sounds like you are planning to sic her on me and or have me blacklisted somehow. Fighting proxy wars because you don’t like some heat on the internet is, uh, wacko (to use one of your respectful words).

#197 west coast on 05.11.22 at 12:00 pm

wrong. pp didn’t support anti-vaxxers, he supported and still does the vaccine mandates. there is a huge difference.

Nope. – Garth

#198 Quintilian on 05.11.22 at 12:03 pm

“Be as uppity and morally superior as you want, but the path to power leads through the middle. Socons will never be elected to lead Canada. – Garth”

And is that not a good thing?
It’s just nature’s way of doing away with entities that are not viable.

#199 The Totally Unbiased, Highly Intelligent, Rational Observer on 05.11.22 at 12:14 pm

“Be as uppity and morally superior as you want, but the path to power leads through the middle. Socons will never be elected to lead Canada.” – Garth to #194

So the path to power leads through the middle of the EXTREME LEFT?

So Social Conservatives (that is, people with good morals) will never be elected to lead Canada?

Are you sure about that? Do you really think that Canada is that far gone? Do you really think that there is no more hope for Canada at this point?

I suppose you could be right about that.

#200 The Totally Unbiased, Highly Intelligent, Rational Observer on 05.11.22 at 12:22 pm

“Moral people know morality, even when laws have not caught up.” – Garth to #1

Moral people know morality even when a country’s laws get changed to support immorality by calling evil “good” and by calling good “evil.”

#201 Sail Away on 05.11.22 at 12:31 pm

#196 Faron on 05.11.22 at 11:59 am
#192 This blog is the greatest on 05.11.22 at 11:29 am

.. google is your friend.


I didn’t need google, but googling yields:

https://www.hss.edu/condition-list_hip-replacement.asp

#195 Sail Away on 05.11.22 at 11:37 am

same scientific field

——-

Uh, no she’s not, but maybe you get your sciences mixed up befitting your lack of comprehension of climate change science. But, it sounds like you are planning to sic her on me and or have me blacklisted somehow. Fighting proxy wars because you don’t like some heat on the internet is, uh, wacko (to use one of your respectful words).

——-

Let’s go with pathologically obsessed.

Good God, are you completely out of your mind?

#202 Faron on 05.11.22 at 12:39 pm

#199 The Totally Unbiased, Highly Intelligent, Rational Observer on 05.11.22 at 12:14 pm

So Social Conservatives (that is, people with good morals)

Really now? Care to give examples of social conservative ideals that we can examine? Don’t confuse morality with ethical actions.

#203 Bill on 05.11.22 at 12:39 pm

BANNED

#204 Bonobo on 05.11.22 at 12:39 pm

Be as uppity and morally superior as you want, but the path to power leads through the middle. Socons will never be elected to lead Canada. – Garth

———————————————-

Perhaps not Garth but my family would rather stand on our feet than be on our knees to a government that is against many of it’s owns citizens who don’t share the corrupt values that it manifests like a malignant cancer.

You and I both know that there is a chance that Canada will break apart some day while the soft middle dithers and remains undecisive. Just look at all the people here who don’t know who to vote for. One day they vote liberal and the next they are voting conservative.

The soft middle is double minded and will remain unstable in all it’s ways much to the detriment and future of Canada.

Democracy. Live with it. – Garth

#205 PeterfromCalgary on 05.11.22 at 12:40 pm

Charest was the Liberal Premier of Quebec from April 29, 2003 – September 19, 2012. If he was a real Conservative why did he not run as one provincially?

This is not like a person who says he is Christian but does not go to church. It is more like someone who says he is a Christian but regularly attends Toronto’s “Atheists & Friends Sunday Meetup”.

In Quebec ‘Liberals’ were ‘Conservatives.’ Grow up and do some research. – Garth

#206 This blog is the greatest on 05.11.22 at 12:40 pm

#196 Faron on 05.11.22 at 11:59 am
#192 This blog is the greatest on 05.11.22 at 11:29 am

.. google is your friend.


I didn’t need google, but googling yields:

https://www.hss.edu/condition-list_hip-replacement.asp

#195 Sail Away on 05.11.22 at 11:37 am

same scientific field

Uh, no she’s not, but maybe you get your sciences mixed up befitting your lack of comprehension of climate change science. But, it sounds like you are planning to sic her on me and or have me blacklisted somehow. Fighting proxy wars because you don’t like some heat on the internet is, uh, wacko (to use one of your respectful words).
..

Well it is just carpentry after all…saw, hammer, screw… i say $100 an hour is more than adequate for that skill set.

#207 Observer on 05.11.22 at 12:53 pm

#200 The Totally Unbiased, Highly Intelligent, Rational Observer on 05.11.22 at 12:22 pm
“Moral people know morality, even when laws have not caught up.” – Garth to #1

Moral people know morality even when a country’s laws get changed to support immorality by calling evil “good” and by calling good “evil.”

^^^^^^^^^^^
You mean like how Republicans want to legally take freedom of choice away from women?

#208 T on 05.11.22 at 12:56 pm

#200 The Totally Unbiased, Highly Intelligent, Rational Observer on 05.11.22 at 12:22 pm
“Moral people know morality, even when laws have not caught up.” – Garth to #1

Moral people know morality even when a country’s laws get changed to support immorality by calling evil “good” and by calling good “evil.”

————

It appears you may need to update your moniker. Unless you like irony.

#209 Faron on 05.11.22 at 1:12 pm

#102 Ustabe on 05.10.22 at 2:07 am
#75 Sail Away on 05.09.22 at 8:01 pm

get called out on the veracity

What’s truly amazing is that if it’s not the case, if he truly DCAs into a position, he could just post his cost basis here (which he will do for wins) and end the argument. Or, better, screenshot his per share PnL, strip the EXIF to anonymise, and post it. Simpol.

So, I’m either right or he’s dissembling because he’s bored/addicted to the conflict. He’s also asked “what fun would that be?” When I pressed him to discuss wins and losses.

I’m certainly right about his inviting Ponz’s money into the woodchipper on COST (that, again, will/may change). His mentioning of BX, ISRG and NFLX suggest outsize losses relative to S&P or a total maket ETF on those names AFAICT.

My guiding principle since first noting his picks is that almost no pros beat the market. This makes it highly unlikely that an amateur like Sail Away has. My guess is that his good run with TSLA did give him outperformance for a couple years by sheer luck and hodling.

#210 Squire on 05.11.22 at 1:15 pm

Don’t be fooled by P.P. Last year I had some hope for him but the more I watch and hear what he says, the more suspicious I’m getting. In addition, he’s a tad rude too. I found Charest overall a better leader and definitely more experienced. Yeah, yeah says what you want but don’t be so trusting.

#211 Faron on 05.11.22 at 1:20 pm

#201 Faron on 05.11.22 at 1:12 pm
#102 Ustabe on 05.10.22 at 2:07 am

If this keeps up, he’s now underwater on his recent very clearly announced TSLA buy too.

IMO, high multiple companies should be avoided in this rising rate and high inflation environment. Only things going for TSLA are low debt financing, trendiness and the rabid fan base.

#212 Stoph on 05.11.22 at 1:40 pm

#192 This blog is the greatest on 05.11.22 at 11:29 am
#182 Faron on 05.11.22 at 9:39 am

#176 Bertie Wooster on 05.11.22 at 8:56 am

A skilled orthopedic surgeon can do a total hip in well under two hours. Closer to an hour. If that’s $700 after overhead, that’s a decent wage…

My neighbor does them in his basement for $500… picked the skills up on the internet.. google is your friend.

——————————————

Your neighbor wouldn’t happen to be Ferdinand Waldo Demara Jr. reincarnated would he?

https://en.wikipedia.org/wiki/Ferdinand_Waldo_Demara

#213 Philco on 05.11.22 at 2:00 pm

#145 Doug t on 05.10.22 at 10:20 pm
Confession- I hated Harper so badly that I voted T2 in just to get rid of Harper – AND now in this twisted parallel universe I will vote Con to get rid of Mr. Socks – go figure lol

I did the same haha. Harper looks like a genuis now.

Garth Trump was elected hes a bully acording to you? No??
Trudeaus a fumble butt no? Not a leader but trying.

Maybe he gets his poop together? Keeps his hand outta the cookie jar stops patronizing the ccp…Anything is possible.
Always stay open to possiblity as hitching your wagon to anything permanent is a fools game. So even if you got branded at birth as a Lib get over yourself. Thats destructive behaviour.

#214 Philco on 05.11.22 at 2:11 pm

RUN FOR YOUR LIVES CRYPTO CRAZIES!
i rather own trees they dont grow to fast but they with be worth more in 10 yrs. The day I store my wealth in that crap is the day Im 6 ft under.
https://fortune.com/2022/05/11/coinbase-bankruptcy-crypto-assets-safe-private-key-earnings-stock/

#215 Bill Bob on 05.11.22 at 2:32 pm

This Pierre is an absolute clown and I am voting for him. When the average home cost 15 times the average family income, its time to burn the system to the ground and rebuild.

I am voting for the worse possible future for Canadians. Im voting conservative for the first time in my life not for my love of country but for my vial hatred of Canada and what it has become.

#216 Tim on 05.11.22 at 8:59 pm

Good on you Bart, I love what you did with your wife, discipline and hard work. Good thing interest rates are going up for you both. Soon 5% GIC, bond rates are here and finally savers are getting some payback unlike the 1.25% to 1.5% 5 year GIC rates during the pandemic excuse to crash interest rates.

#217 Love this Blig on 05.13.22 at 7:20 am

Charest says he is “ok” with the Liberal approach of using legal firearms owners as scapegoats and putting more onerous laws on them . That alone dictates he will never get my vote

What do you use your weapon for? – Garth