Oh good, it's not just me either. 😕Yep my tfsa and rrsp are certainly experiencing setbacks at the moment.
Remember: Justin Trudeau was quoting Laurier when he proclaimed "Sunny ways" in his victory speech.A reminder that we were at one point looking at the NDP forming government in 2015. Ignoring the fact that the two polls that have the CPC with a lead are outliers, a lot can happen between now and the election.
This makes me soooooo happy. Still wish it was Pierre Elliott but I digress.
Also, that sunny ways line was...unexpected.
This makes me soooooo happy. Still wish it was Pierre Elliott but I digress.
Also, that sunny ways line was...unexpected.
Yep my tfsa and rrsp are certainly experiencing setbacks at the moment.
Lol yeah I agree. If we are headed to a market crash fingers crossed everyone in this thread is unaffected at work and can buy up some equity on discount.
I'll be boned.Lol yeah I agree. If we are headed to a market crash fingers crossed everyone in this thread is unaffected at work and can buy up some equity on discount.
Remember: Justin Trudeau was quoting Laurier when he proclaimed "Sunny ways" in his victory speech.
My bad.Laurier was the originator of the "sunny ways" thing. https://www.thecanadianencyclopedia.ca/en/article/wilfrid-laurier-the-sunny-way-speech-1895
[The government of Premier Doug Ford has pulled out of binding arbitration with the association representing the province's physicians, according to documents obtained by CBC Toronto, citing a "lack of confidence" in the Ontario Medical Association (OMA).
The government informed the OMA of its decision on Monday.
Lawyers representing the OMA say the move is "unprecedented [and] an affront to the rule of law," in a letter obtained by CBC Toronto...
Labour lawyer Muneeza Sheikh with Levitt LLP says the argument by the province is "completely absurd" and "and an abuse of provisional power.
"Under the Arbitration Act, there's a legal obligation to continue within this process and one party, cannot simply even if you're the provincial government pull the plug unilaterally," she told CBC Toronto.
The government's argument that internal labour politics within the OMA disqualifies the entire arbitration process "makes no sense," Sheikh said.
"It is truly setting a dangerous precedent," she added.
Should the province not return to arbitration meetings scheduled for Dec.15, Sheikh says the OMA has multiple legal options, including launching a legal challenge claiming the government is violating the Arbitration Act, or suing for breach of contract over the 2017 deal with the province that set the framework for bargaining.
Hopefully this is just a small correction then. Oil's prospects have a definite effect on my near term future but my emergency fund is fairly well funded. Debating liquidating my TFSA for additional reserve funds though.
Because what we need now are Doctors doing work to rule. lolMy bad.
Speaking of terrible, the Ford government continues to be so: https://www.cbc.ca/news/canada/toronto/ontario-leaves-oma-arbitration-1.4942105
Mattamy builds fucking garbage. Trash tier McMansions in Ontario and they've moved their piece of shit operation out here as well. Doesn't surprise me they're trying to build Ontario into a flimsy piece of shit to quickly profit off of.
Also; fuck Merit.
True story! McCookie Cutter Shanty more like it. I've heard so many Mattamy horror stories from Calgary/Airdrie and I live in Edmonton lol.Calling Mattamy's sorry excuse of a house "Mcmansion" is a compliment to Mattamy TBH.
I wouldn't wish a Mattamy home on my worst enemy.
"Look at these Elites trying to take the hard earned money from regular folks."
Man, I thought he'd go for the nurses first. Ford of course said hold my buck a beer and went straight for the jugular. God is he inept. He really thinks his small time Toronto council crap is going to work/fly at this level and then he actually goes up against of these groups/unions/etc and he's not able to pull the wool over every ones eyes fast enough and we end up with nonsense like this.
Oof. That's another Constitutional Challenge in the works right there.My bad.
Speaking of terrible, the Ford government continues to be so: https://www.cbc.ca/news/canada/toronto/ontario-leaves-oma-arbitration-1.4942105
Fiscal outlook
When put on a comparable basis, projected budgetary deficits in PBO's October Economic and Fiscal Outlook are $8.0 billion (0.4 per cent of GDP) larger, on average, over 2018-19 to 2023-24 compared to the Fall Economic Statement. Incorporating the Government's annual $3 billion risk adjustment narrows this difference to $5 billion. Key discrepancies are attributable to lower income tax revenues ($3.0 billion per year) and GST revenues ($1.0 billion per year), as well as higher operating expenses ($2.4 billion per year).
Unfortunately, Finance Canada does not quantify the underlying components of its operating expense forecast, making it difficult to reconcile between the two outlooks for this category. Parliamentarians may wish to seek a more detailed and quantifiable breakdown of the major cost components within operating expenses in the Fall Economic Statement.
Risks from lower oil prices
Given their recent sharp decline, lower oil prices, in our view, pose a downside risk to the economic and fiscal outlook. Based on recent oil price futures, the price of West Texas Intermediate (WTI) is approximately US$15 per barrel lower, on average, over 2019 to 2023 compared to the forecast in the Fall Economic Statement. We estimate that a reduction in oil prices of this magnitude would lower nominal GDP by $37 billion annually, on average, over 2019 to 2023 and reduce the budgetary balance by $3.5 billion per year, on average, over 2019-20 to 2023-24.
I'm getting a bit sick of this deficit talk. I'm aware this will come off a bit selfish but there's so much deficit spending and I don't feel particularly benefited by it. Hopefully others in this thread can chime in about how it's benefiting them otherwise it just worries me that when we see the inevitable recession we are going to be in for a fucking bad time.
I also assume the deficit spending plays a lot into the crazy amount of advertising I hear everyday on the radio from the feds to make sure everyone is reupping on their Canada savings bonds.
Lol yes, bitching about oil prices is second nature out here. I should have applied some critical thinking to my venting earlier; there's a hospital going up in two years or so about 5 minutes from my house and obviously the federal government is chipping in big bucks for that. Without deficit spending maybe that project would be one that wouldn't happen. I believe they're also chipping in money for the LRT extension in Edmonton that will pop down that way as well, and both of those things should bring a bump in my property value.
I definitely take your point there Vamphuntr if memory serves Calgary was pissed they're only getting one hospital instead of two, and they aren't wrong to be upset. Upkeep never seems to be a priority for government because there are no ribbon cutting and breaking ground ceremonies I guess.
I feel like there really should be a Provincial Agency whose sole job is to determine need and get projects built, outside of political interference. Something like the Federal Infrastructure Bank, but with a more dedicated source of funding that doesn't just rely on courting Private Sector investment.I don't understand why replacing the Mis would be such an endeavor. The old hospital is only a few stories with reasonable facilities. The replacement doesn't have to be cutting edge.
That goes back to the point of government projects needing ceremony and ribbon cutting. A hospital is supposed to provide services and space, not glamour.
And people wonder why there's a bed shortage in Alberta.
B.C. Premier John Horgan is not opposed to the idea of the province covering dental care as part of the provincial health care system. Horgan was asked about the issue as part of a year-end interview with Global News.
"We have been looking at it and hopefully we will be able to do something about it in the next budget," Horgan said.
...
** Some stuff about the Ontario NDP Plan **
...
British Columbia's Medical Service Plan (MSP) premiums currently cover medically necessary services provided by physicians and midwives, dental and oral surgery performed in a hospital, eye examinations that are medically required and some orthodontic services. Horgan said that his own experience has made it clear to him how important dental services are.
"I got my two front teeth knocked out playing basketball when I was a kid and it meant that I was always tentative about smiling. Dental care, dental health is critically important to physical well-being as well as mental well-being," Horgan said. "I believe it's an area we need to move into with kids and get good habits with good oral hygiene and make sure that is funded."
In 2008, the Union of B.C. Municipalities (UBCM) supported a motion to ask the province to take immediate steps to remove access barriers to dental health care, allocate more funding for basic dental health care insurance for low income individuals and families in the province, and work with the BC Dental Association to resolve the discrepancy between the BC Dental Fee guide and the actual fees charged by dentists. In 2018, UBCM discussed requiring the Ministry of Health to add basic dental care to MSP coverage and to have B.C. mandate a provincial requirement for all public water source treatment to include fluoridation where naturally-occurring levels do not meet the minimum suggested level of 0.07mg/L.
Bond rating agency Moody's has downgraded the province of Ontario's credit rating.
The agency announced the downgrade from Aa3 to Aa2 on Thursday, citing the province's $14.5-billion deficit in 2018-2019 and projections that it will continue to post deficits in the coming years.
Moody's said the combination of increased debt and slow revenue growth will result in a faster than previously anticipated increase of the province's debt burden.
The agency said the province will be subject to greater impact of interest rates increases, which it projects to jump over the next three to five years.
Finance Minister Vic Fedeli blamed the previous Liberal government for creating the circumstances that have led to the credit downgrade.
But Moody's also said that actions taken by the current government to reduce revenue levels will add to the budgetary pressures facing the province.
Article implies Canada will ban Huawei and ZTE within weeks.Interesting read on how the "Five Eyes" have been working to destroy Huawei with a key decision being made at a dinner in Nova Scotia. It puts things into perspective with the recent arrest and the US gloating.
Thanks for that link. That was a very interesting article.Interesting read on how the "Five Eyes" have been working to destroy Huawei with a key decision being made at a dinner in Nova Scotia. It puts things into perspective with the recent arrest and the US gloating.
Wynne forcing the Ford PC's to cut revenue, they knew even while in power theyd force heir PC successors to be economic morons those devils!
Interesting read, but it makes me think they're going to arrest a lot more Canadians for bs reasons in the near futureInteresting read on how the "Five Eyes" have been working to destroy Huawei with a key decision being made at a dinner in Nova Scotia. It puts things into perspective with the recent arrest and the US gloating.
Nah. He actually supports what the ABNDP annouced recently for midwives.
Is there any actual evidence they're as bad as recent press makes them seem?Huwawei should be banned from Canada, they are espionage devices
I can't believe that they are permitted to plaster their adverts all over Hockey Night in Canada and in our Subway/Metro stations
this puts into question big money incoming from despotic dictatorships and how they skew Western Democracies when a dollars get sprinkled to blur our vision.
Hmm. Interesting. I'm looking forward to seeing what he actually supports compared to what he says he supports.Nah. He actually supports what the ABNDP annouced recently for midwives.
Is there any actual evidence they're as bad as recent press makes them seem?
nothing is 100% Private in China without having the Communist Party of China on the hook.Is there any actual evidence they're as bad as recent press makes them seem?
Is there a difference between being a member of the Community Party in China and paying for thousand dollar dinners with Scheer or Trudeau?nothing is 100% Private in China without having the Communist Party of China on the hook.
Ren Zhengfei (Huwawei founder) has ties with China's military and the Communist Party.
Bell and Rogers are not on the hook with the Chinese Military and EspionageIs there a difference between being a member of the Community Party in China and paying for thousand dollar dinners with Scheer or Trudeau?
People keep saying "false equivalency" as a way to deflect against criticism of the corporate-political oligarchies that exist in Western Democracies, but it's all the same shell game.
I still don't understand why Bell, Rogers, and Telus aren't considered in collusion and manipulating the telecom market for example.
Global are hacks. Had no idea there were anti UN protests happening downtown here though. And lmao at global saying "about half the protestors were right leaning. The other half was left leaning!"... both sides!!
Hmm. Interesting. I'm looking forward to seeing what he actually supports compared to what he says he supports.