Comments on: Friday Free-for-all!

By: bcubbins

bcubbins — Mon, 10 Nov 2008 13:25:04 +0000

Anonymous, don't expect a lot of votes for a post with nothing but a link. If you don't include at least a one-sentence description, a lot of people won't bother clicking the link. At least it wasn't a tinyurl link.

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By: bcubbins

bcubbins — Mon, 10 Nov 2008 13:20:24 +0000

The tax credit and OAS clawbacks are significant for many retired people. Not many. The OAS clawback starts at $62.124...If you’re flush enough to be close to that figure in retirement it’s certainly worthwhile using the TFSP to keep under it. The old age credit gets clawed backed starting at ~30k and is gone by 65k. So I'd aim to keep taxable retirement income below 30k if possible. I don't know what percent of retirees exceed that, but most of us here seem to be good savers and so are likely to have greater than average retirement income from RRSP/TFSA investments.

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By: NO -LYMPICS

NO -LYMPICS — Mon, 10 Nov 2008 11:31:16 +0000

Land Shortage??? Not to worry..the sweatshops in the Far East are working overtime to create more land as we speak ! Next they will breed more Condo purchasers ! (Y'know, dialed into Muir, Jurock, and Pastrick and able to stand in pre-sale line -ups for hours ) They will build Mountains , trees , treehuggers , protestors, BMW's , Rennie's and other peripheral scenery to mimic Vancouver PS Warning : Watch out for the Melamine in any of the above !!!

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By: Anonymous

Anonymous — Mon, 10 Nov 2008 10:56:51 +0000

But but but… I thought China was RUNNING OUT OF LAND and it was full of RICH PEOPLE and EVERYONE WANTED TO LIVE THERE and and… ...they had the Olympics!!! However our Olympics will be so much better and prosperous under the beautiful and awe inspiring dome of BC Place, the "Best Dome on Earth"!

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By: richard

richard — Mon, 10 Nov 2008 10:47:22 +0000

Something interesting from the vancouver sun. about price drops in BC next year.

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By: richard

richard — Mon, 10 Nov 2008 10:43:42 +0000

Canda housing starts down 3.1%. Prices up 2.1%. On the other hand, Circuit City is bankrupt in the US. That kind of counts, because they own The Source here in canada. So there might have to be some impact on their operations here, i would imagine.

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By: patriotz

patriotz — Mon, 10 Nov 2008 10:28:56 +0000

The tax credit and OAS clawbacks are significant for many retired people. Not many. The OAS clawback starts at $62.124 which is almost twice the median full-time employment income in Canada. It's also adjusted for inflation. If you're flush enough to be close to that figure in retirement it's certainly worthwhile using the TFSP to keep under it.

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By: Anonymous

Anonymous — Mon, 10 Nov 2008 10:28:46 +0000

Betamax, you aren't paraphrasing the article correctly. Vancouver still gained population in the early 90s. All the data shows is that BC residents had a net outflux from Vancouver into other major population centres. Nothing surprising about that.

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By: arit

arit — Mon, 10 Nov 2008 10:14:22 +0000

Richmond Rich Renter, How about Saturday or Sunday night? If you wish, I would like to talk to you by phone first and give you the details. We could exchange phone numbers in my site's chat function - just post here an exact time where you can be at www.bemecollective.com , and I'll meet you there. Regards, arit

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By: betamax

betamax — Mon, 10 Nov 2008 10:12:58 +0000

article from Burnaby NewsLeader stating Vancouver lost 25k people during years 2001 – 2006. So much for real demand:

http://www.bclocalnews.com/greater_vancouver/burn…

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