Friday free-for-all!

Its that time of the week again!

Let’s do this open topic discussion thread for the weekend.

-well add links when we need shelter from the sun 🙂

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

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Oracle
Guest
Oracle

43,000 Job losses last month for youth.

Yet the IMP, TFW, ICT, and International Experience Canada programs remain open.

No net jobs in Canada (excluding Alberta).

Time to vote Harper out. Do not split the vote between Libs, NDP, and Green.

Oracle
Guest
Oracle

The Media powers will make it seem like the NDP are surging just before the next election. Don’t buy it.

It is meant to split the vote.

chilled
Member
chilled

Went on a job interview this week.

I’m in a technical trade repeatedly said to suffer from a lack of workers.

Over 200 people applied for the job and the organization is interviewing about 60.

I’m glad I have a good job and don’t have to ‘sweat it’ regardless of the outcome.

Time to beat down any person, place or thing that says Canada needs more workers. It’s an attack on the working middle class to drive down wages and living conditions in Canada.

Wake up sheeple.

UBC in crisis
Guest
UBC in crisis

Who owns the mass media in Canada (everything except the CBC)? The conservative party and their backers? or the Liberal?

Sad prediction: 2015 Election result: Harper: 38%, Liberal: 36% and NDP:23%, Harper minority government.

Brian Ripley
Guest
Brian Ripley

I mashed up a chart via ZeroHedge showing rents in the petro-finance-power centers and added Vancouver, Calgary, Toronto & Manhattan.

http://www.chpc.biz/history-readings/canadian-rent

The fundamentals don’t support buying in Vancouver, Calgary and Toronto; there is little room for improvement on cash flow unless buying hot market real estate to rent out has some potential for improving the ability to increase the revenue(or lower the expenses at a time when CPI is rising).

space889
Member
space889

Taken to its logical conclusion, all these temporary foreign workers programs and employers who try to drive down wage will eventually find that most of the middle class are squeezed out, lose their jobs, and can no longer afford their products, and they will end up going out of busines as well.

Unfortunately, even if these exploitive employers end up going bankrupt, they will still have lived a nice comfy life. Something the good honest working people they screwed over can only dream about.

Corruption
Guest
Corruption

Didn’t people elect the B.C. Liberals because Clark promised to keep B.C. strong or some nonsense?

I guess she meant, “Keep the 1% of B.C. residents I count as my true friends and allies strong. The rest of you can go f%&k yourselves while my kids get a grade A education and yours are on the streets.”

patriotz
Member

@4: “2015 Election result: Harper: 38%, Liberal: 36% and NDP:23%, Harper minority government.”

I think that’s more likely to produce a Liberal minority. Take a look at the numbers from the recent byelections to understand this.

Also regardless of the percentages I think a Harper minority would likely be ousted by the Liberals and NDP, now that the Bloc is out of the picture and can’t be used to scare people.

ILoveCharts
Guest
ILoveCharts

Homeowners: A new class of fools
http://www.cnbc.com/id/101826458

I feel like the author of that article would sh$! a brick if he knew what was going on up here!

midnite toker
Member
midnite toker

On the ferry tp sunshine coast today. .holy shit $68 one eay for car and driver fuck me!

patriotz
Member

@6: “all these temporary foreign workers programs and employers who try to drive down wage will eventually find that most of the middle class are squeezed out, lose their jobs, and can no longer afford their products, and they will end up going out of busines as well.”

You’re not recognizing that the primary goal of the TFW program is to keep wages down for the resource industries. The Cons really don’t care about the Canadian consumer sector, as they’ve already demonstrated by cutting back the minimum wage TFW’s while leaving the others alone.

Cookie
Guest
Cookie

The reason the ferry fares ate so cheap is because everybody in the Province subsidizes them. But we all subsidize the roads too, so get over it and enjoy the bargain fairs while they last.

patriotz
Member
taylor192
Member

@patroitz “2015 Election result: Harper: 38%, Liberal: 36% and NDP:23%, Harper minority government.”

Quebec will be the deciding factor. The polls that give the Cons a minority assume the NDP will repeat their performance in Quebec… which I doubt. If the Liberals do well in Quebec, they could take a slim minority away from

paulb
Member
Active Member

New Listings 212
Price Changes 83
Sold Listings 136
TI:16895

For weekly sales and/or listing updates on a specific neighbourhood/city email me and I will add you to my Friday list. http://www.paulboenisch.com

Romeo Jordan
Guest
Romeo Jordan

Back to 17,000 listings next week.

Gold stocks looked great today.

You know why Morningstar chose to to publish it’s bearish Cdn real estate outlook now (other than the insane out of whack fundamentals I mean)? My guess is that they think the inflection point is close at hand.

I still think subtle cracks are appearing And that a shitstorm of epic proportions is brewing.

Enjoy the gorgeous weather this weekend – bears and wrongs (I mean bulls) alike….

owo
Guest
owo

After 100 years, Vancouver’s Chinatown to implement bilingual signs to attract wider range of customers

http://www.theprovince.com/news/Video+Bilingual+signs+attract+wider+range+customers+Vancouver+Chinatown+grocers/10019341/story.html

not fair
Guest
not fair

@17

not fair. opium dens and heroin dealers were always bilingual to attract wider range of customers.

UBC in Crisis Mode
Guest
UBC in Crisis Mode

A $600,000 (8%) price drop after 7 weeks (the realtor is doing his job):

http://www.realtylink.org/prop_search/Detail.cfm?MLS=V1066490&REBoards=All&From=MLS

1576 NEWTON CR, University, Vancouver West, $6,988,000.00, Assessed: $5,261,000.

Still too expensive for a tear-down lot.

david
Guest
david
Today’s G&M has an article on Granville Island’s near-term future, and whether there will be a change on stewardship from CMHC to (possibly) Port Metro Vancouver. Here are two interesting tidbits from the article: “…Since 1983, Granville Island has been financially self-sustaining, with operating costs and capital improvements covered by revenues from its tenants….” “…The only homes on Granville Island are a few houseboats. But CMHC has not cited that, or any other reason, for wanting to offload the site. Money might be a factor. Granville Island requires some touch-ups. In a letter to federal heritage minister James Moore last year, Mr. Robertson said the estimated cost of “overdue asset maintenance” related to island infrastructure is up to $60-million….” So, it’s quite obvious that the CMHC obviously hasn’t been charging enough to cover the FULL cost of operating this as… Read more »
George
Guest
George
For the next federal election, part of me feels like the Conservatives are going to win another majority. It just seems like any outcome other than that would be too good to be true. The trend for the past 15 years has been life sucks in Canada and it gets worse every year. I expect that trend to continue and an electoral outcome other than a Conservative majority would represent a reversal in that trend–a positive sign of hope for the future–which is something I intuitively do not expect. However, I also feel that the Liberals may have the best shot at winning in a long time. Trudeau is resonating with voters. He seems open to decriminalizing marijuana–which I think a lot of people would like, especially now that we can see what is happening in Washington State. But it’s… Read more »
kabloona
Member
kabloona
“Why most Canadians should be begging for a housing market correction, not fearing one” http://business.financialpost.com/2014/07/11/why-a-real-estate-correction-should-be-welcomed/ “Most Canadians should be keenly aware of the incredible and gravity-defying increase in real-estate values in Canadian metropolitan areas over the past 20 years. Homeowners in Vancouver and Toronto, in particular, have celebrated as their residences have increased in price by more than 100% in many neighbourhoods. This represents an enormous gain on the equity value they have in their houses, since many have taken advantage of low interest rates, high loan-to-value mortgages and seemingly infinite amortization periods. Much of the coverage of urban housing has focused on whether there is a Canadian housing bubble and whether and when it will burst. The experience of the U.S. housing crash in 2007/08 — also the result of dramatically increasing home values coupled with the availability of… Read more »
patriotz
Member

@21: “also losing all those MPs from Quebec”

No way is the NDP going to lose those former Bloc seats. Separatism is down for the count but the soft nationists are not going to vote Lib or Con.

The former Liberal seats that the NDP picked up in the Montreal area may go back to the former though. But there aren’t that many.

The real game changer would be a collapse in the NDP vote in Greater Toronto in favour of the Liberals (which we saw in the by-elections), which would cost the Cons a lot more seats then the NDP.

franko
Member
Active Member
franko

@ #4 and #8

Opinion polls just ain’t what they used to be when cold calls on land lines would reach a true cross section of voters. We learned that in the last provincial elections in BC and Alberta. The biggest impact at the real polls has always been from the older generation, who are not that easy to reach by the latest hi-tech gizmos employed by pollsters, nor to they hang around Starbucks waiting to spout off their opinions. In fact, Angus Reid has recently decided to hang em up.

Our old fart’s may also be more concerned about the economy and our leader’s ability to stand up to the likes of Putin, Merkel, and Obey than about legalised pot.

Either way, Canada’s housing market is f….d.

The Grand Shift
Guest
The Grand Shift

The West and suburban Ontario now decide who will run this country. Quebec and all east of the Ottawa River curtain (the have nots) are irrelevant.

The Cons have been fighting a ground war taking a riding at a time over the years and firmly entrenching themselves in these areas.. The Libs have been fighting an air war bringing in star leaders and holding on to the vision of the Laurentian elite, that Ontario and Quebec are the core of Canada and the rest is the periphery. That Canada is gone.

Any election can be a crap shoot, but the Cons will tend to be the predominant party until the NDP and Libs join or one kills the other to be the party of the left. Either scenario may take a decade.

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