FFFA! The house is leaking (money)

It’s the end of another workweek and that means it’s Friday Free-for-all time!

This is our regular end of the week news roundup and open topic discussion thread for the weekend.

Let’s get to it!

Here are a few recent links to kick off the chat:

Biggest new home price drop in Canada
Average house price takes record fall
Inflation adjusted HPI lower than 2008?
New house prices lower than 2007?
Condo owners ignore depreciation reports
Cashback mortgages, great way to cash in on suckers
Removed all 4’s from floors, Vegas tower still doomed

So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!

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Reta
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Reta

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patriotz
Member
Active Member

Jason Kenney rounds up another of the usual suspects:

Temporary Foreign Worker Program sanctions Nova Scotia trucking company

While Eassons Transport has three other offices — in Ontario, New Brunswick, as well as Newfoundland and Labrador — only the office in Nova Scotia was put on the government’s so-called blacklist

Want to have a burger served by a slave? Visit a sweatshop near you:

Map of temporary foreign workers in B.C., Alberta goes viral

Runawayscreaming
Guest
Runawayscreaming

Paul Easson is on the Executive Committee of the Canadian Trucking Alliance, the trucking company owners group that lobbies Parliament on behalf of trucking companies. The sole purpose of Temporary Foreign Workers in trucking is to lower wages for truck drivers. Trucking is very similar to fast food. Very low pay and turnover approaching 100%. There are about 200,000 Canadian citizens currently holding unused truck driver licenses.

Oracle
Guest
Oracle

Canada loses tens of thousands if jobs last month.

Participation Raye at a low.

Yet the TFW program remains in place. These Con’s need to be tried for treason.This is no laughing matter anymore.

List these guys email addresses and let them have it. Tell them your going to do your part next year to get them out.

WTF
Guest
WTF

“The sole purpose of Temporary Foreign Workers in trucking is to lower wages for truck drivers. Trucking is very similar to fast food. Very low pay and turnover approaching 100%. There are about 200,000 Canadian citizens currently holding unused truck driver licenses.”

No, the sole purpose is to get a good reliable workforce who want to do the job. Long haul truck driving pays OK but is a crappy job. You spend most of your life on the road sleeping in the back of a truck. Canadians don’t want to do it for any pay level. The idea of truck driving sounds adventurous and fun but in reality is sucks. That is why there is 100% turnover and lots of unused licenses.

WTF
Guest
WTF

Lets face it Canadians are ‘fat and lazy’ just like Americans and much of the developed western world. There is a reason nations do not remain at the top forever. Once there is some level of wealth people don’t want to work hard anymore. China and India will take over in the next 50 years. May as well bring in some of the people who want to work now and prolong our economy for a while. It is better than creating debt and bubbles to mask the laziness.

MarKoz
Member
Active Member

Applying BC CPI to $569K (June 2008) you get $594K in May 2014, not $630K.
http://www.aec-econ.com/cpi.htm

sea side
Guest
sea side

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southseacompany
Member
southseacompany
The Economist on Canada this week: “Canada’s economy. Maple, resting on laurels. Canada has not learned every crisis lesson” http://www.economist.com/news/americas/21601521-canada-has-not-learned-every-crisis-lesson-maple-resting-laurels “With interest rates still near a record low, Canadians have continued to pile on debt since the crisis: Canadian household debt rose to 93% of GDP in the third quarter of 2013 from 76% in the third quarter of 2007. Most of the borrowing has been in the form of mortgages, driving house prices higher. The IMF and others fret that Canada is vulnerable to a sudden shock” “The latest calculations from The Economist suggest that house prices in Canada are overvalued by 76% and 31% when measured against long-term average rents and incomes respectively.” “Canada’s problems are still of the first-world variety. Energy exports and a sound banking system are big advantages. There is a limit to what it… Read more »
Brian Ripley
Guest
Brian Ripley

April data: Average Vancouver strata prices are still bound in their narrow range since 2007 (townhouse prices ticked up and condos ticked down in April) and SFD prices continue to drift up but below 10% below their peak from 2 years ago.

http://www.chpc.biz/vancouver-housing.html

Total residential sales and listings are rising into their seasonal highs which may hit resistance +/- July

mac
Member
mac
mac
Member
mac

Why in the heck is WTF getting voted down? His points are valid.

space889
Member
space889

@cris – Churchill is on the West Side of Vancouver, not East?!?! Same with Hamber. I think the boundary for both schools go to Columbia Street only, not even to Main St. However, they do have programs that accepts kids from all over Vancouver – Churchill with their IP program, and Hamber with their Challenge program (at least when I was still in highschool).

cris
Guest
cris

space,

All French immersion kids in E Van goes to Churchill. Also, one can also apply mini school.

chilled
Member
chilled

mac Says:
May 9th, 2014 at 10:28 am 13

Why in the heck is WTF getting voted down? His points are valid.

++++++++++++++++++++

It amazes this 5th generation Canadian when a ‘New Canadian’ such as WTF calls down the work ethic of Canadians. The same Canadians that made this country a desirable place for pieces of shit like WTF to live. Desirable enough to move away from whatever cesspool it fled from.

Canadians aren’t lazy, they are stupid. Stupid for allowing an immigration system to evolve into something that would allow a piece of excrement like WTF to immigrate here.

LOL
Guest
LOL

@chilled you need to get out of your basement suite more and see the real world. Canadians are the laziest people around. My guess is you are one of them. Immigrants and TFW are the only people left doing the hard lifting.

WTF
Guest
WTF

@chilled It was your grandaddy that worked hard. Not you. You need to get out of your basement suite more and see the real world. Canadians are the laziest people around. My guess is you are one of them. Immigrants and TFW are the only people left doing the hard lifting.

Im 4th gen Canadian and white.

tedeastside
Member
tedeastside

America is the greatest country in History, nobody can argue with that..
ask anyone around the world, if given the chance everybody would move to America
nobody wants to move to India or China or Cambodia.

America will always be the most influential, innovative and powerful nation in the world.

if Americans are lazy why do they run this world. why do they invent all the innovation we use

Bailing in BC
Member

I’m an immigrant and I’m as lazy as hell.

Candace
Guest
Candace

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Reasonfirst
Guest
Reasonfirst

hah LOL liked WTF. Funny, the comment is almost the same. hmm

LazyCanadian
Member
LazyCanadian

My sample size is only one, but I can confirm that I am lazy and a Canadian.

Can we switch to 20 hour work weeks yet?

Bailing in BC
Member

LazyCanadian if you up my work week to 20 hours I will go on strike!

paulb
Member
Active Member

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