in my post, on recession = no recession

Yup, me too. Rates even edged down and I was 4.49 in April for insurable mortgage. Originally wanted variable but glad I went fixed. A bit annoyed I paid down a big chunk too when I could have but it now into a gic in my wife’s name as she doesn’t have income and gotten more outta the gic than the mortgage.

Seems interesting to revisit now. 36 more months from here, what do you guys think for a high watermark?

6% would seem backbreaking given debt loads, but if we stall at 5.25% and hold for 2 years, it's not out of the question to resume a slow climb. It's not a scenario so crazy that it can't happen.

It’s just impossible to answer in such uncertain economic worldwide situation .
Anything can really happen .
Fwiw a gun put to my head I would choose inflation meaning lower interest rates .
Canada and mostly the rest of the world will never be able to repay the amount of debt it got just by rising productivity .
Financial with maths it’s impossible at those level of rates and imho we already have a physical wall ahead of us in commodities availability ( we already consume 2 planet per year in commodities ).

So how to lower debt to increase gdp and keep interest rates high ( well at historical level such we have today).

- Default or restructuring of debt is the worst outcome (1930 depression with wars)
- 1970s inflation style
- Energy miracle

I’m betting lower interest rates .

So Quebec pays less carbon tax than the rest of the country ???

Probably half true half lies but if it’s true just raise it to the same level of Canada .
It’s cents on the dollar
Who cares shrug .

Just the conclusion is stupid so …

I'm sure Uke can explain why but doesn't seem fair when Nova Scotia was forced to pay a full share .

fwiw im not following at all the carbon tax and all its intricacies because to me its a nothingburger .

But maybe this has something to do with it on why quebec a bit lower ?

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

Seem they paid far longer carbon tax then other canadian.
But like i said im not sure and maybe its because quebec (no idea if they still do ) manage their own carbon tax, which cost money ?

i really dont know but to me its just an whole no story at all from this guy to campaign to abolish carbon tax in its entirety like its conclusion says so.

https://www.cbc.ca/news/canada/toron...rges-1.6710644

This story is pretty wild. A couple of hospital security staff murder a patient in cold blood, the guy holding the camera actually turns it away because he knows it looks so bad, everyone there blatantly lies about what happens, and then a Canadian judge gives 2 middle fingers to the victims family and drops the case. In fact, it doesn't appear anyone even lost their job over this.

Says a lot about how all the talk about human rights is all just talk, and just a front for political ends. And when no political ends are to be made (in this case because the patient is white), the powers that be couldn't give 2 ****s about of its citizens.

I would say this wouldn't happen in America, but of course it would. And like Canada, no one would care unless the patient was part of an "oppressed" identity group and there was a racial grievance angle to be milked.

So the conservatives have a nearly 10 point lead over the liberals.


Lozen, when can we expect a football spike from you and an eulogy for the Trudeau's liberals?

Poilievre's misinformation is getting increasingly ridiculous. Of course there is nothing about a "censureship law" that has anything at all to do with the specifics of any story. One can debate the merits of the facebook vs government over link fees, but trying to suggest there is some sort of censorship of this story is dangerous misinformation

Really curious if coalitions will make that eventual election very spicy. I'm just amazed they're gonna run Trudeau again. That's intense. Guess they really have nobody else, Freeland is arguably more hated now.

Watching Doug Ford's corruption unfold here at the same time is kind of great.

Keep trying to deflect from all the Trudeau lies .
Quebec gets a sweetheart deal on a political carbon tax

Lol. Stop projecting. I saw something on twitter and posted it here. YOU are the one who is deflecting from a Poilievre lie with some whataboutism. Just because you do this fundamentally dishonest style of posting over and over again doesn't mean anyone else is doing it.

But sure, I'll engage in your whataboutism. One of the STRENGTHS of the carbon tax is that it allows for flexibility so each province can do its own thing, but if it does nothing then it gets the federal backstop. So some provinces like BC and Quebec were environmental leaders and deserve praise for putting in place systems prior to the federal government. Quebec's one isn't directly comparable to the federal one, it isn't a carbon tax, it is a cap-and-trade system and that scores quite differently and has quite different effects. I actually like cap-and-trade systems but the Liberals largely moved away from it due to previous failed elections running on such systems which made the (almost as good) carbon tax become the backstop which is fine by me.

Anyways, the point is that if Alberta wants to come up with its own system that is a cap-and-trade system like Quebec's then undoubtably they could do that and not rely on the federal backstop. The fact that they did nothing and the backstop was forced on them points to the broken politics of that province, just like how they incrediably froze all wind and solar development in that province. Sickening.

So was Nova Scotia cutting emissions twice as much as Quebec . Its all politics . The tax should be equally applied but we all know it targets the places worst that do not vote for the idiot

How you can defend a man that had an affair with a cabinet minister. We know how she got that job on her hands and knees

Sure we can continue to engage your whataboutism while you continue to refuse to engage with that disgusting Poilievre lie. Anything to avoid recognizing your buddy is a prolific and egregious liar. Deflect deflect deflect whataboutwhataboutwhatabout.

Anyways, Nova Scotia is paying the exact same minimum by 2030 number that Alberta is. It IS "equally applied" and it doesn't "target" any province. As explained every province is allowed to implement their own system with a federal backstop, and Quebec has quite a differently structured and difficult to directly compare system which Nova Scotia or Alberta could choose to do.

Ill take the lies of Pierre over Justin

The carbon tax is doing nothing at all other than increase the cost of everything . Reality is Quebec should be paying the exact same thing . They will not because as usual they get preferential treatment from Justin

Still waiting for an answer how BC is doing better with building houses??

Nice deflection/whataboutism as you refuse to engage with Poilievre's lies. And then you add a new whataboutism at the end, good one! I think I've corrected enough of your misinformation in your whataboutism to simply note you are not engaging with my post that you quoted. Utterly shameless.

Lets see Trudeau put in a law that requires Social Media I do believe to pay news networks. Social Media refused and instead blocked the news

So Trudeau is the cause and effect of there being no news on Facebook and IG.... Is he twisting the truth of course he is

You lists Pierre's lies and Ill list Justin's I guarantee you Justin's is longer. Problem is Justin's hurt Canadian's in their daily lives .

That sounds like pretty ****ing standard stock opposition rhetoric.

Of course it is . It actually benefits Justin as many folks do not get to here the truth about their fearless leader .

Are facebook sites like CBC and Global not allowed to post news? CBC should be called the TBC

You lads are really locking into that losing approach that has been seen now in the US for about 8 years. Hope you are as successful here with it, so keep at it and let's see how it plays out! Be sure to keep tabs on that son of his Xavier in case any laptops show up somewhere... Xavier! Xavier!

U are agaisnt what jt pass for laws ?
U don’t think trillions value companies , killing our new network and retail should on top of that have the liberty to get every , content those media creates , freely and get the publicity revenues from it , instead of the original creator which are all Canadian employees ????

How many law those giants support their content but it when it comes to others it shouldn’t apply ?

Come on man ….

And for a guy that support ( I guess) diversity in the « reliable » media’s , being against this law just promote more concentration of news in fewer entities…..

Cute. But no, this isn’t generic rosier-than-reality election platform claims, it is full on trump style disinformation. And of course you bring out the apologetics for it.