Open Topic

Friday Free-for-all! The Jobs Edition

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

This is our regular end of the week news round up and open topic discussion thread, here are a few recent links to kick off the chat:

–Target says goodbye Canada
–Suncor plans cuts
–Sony closing all stores
–Bank of Canada warns on economy
–Oil affects housing?
–RE Commissions to fall?
–Vancouver lags on rentals
–House of cards
–Endless HAM chat can end anytime
–Did we say budget surplus? nevermind.
–Alberta considers sales tax

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

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himwhat
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himwhat
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yo

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5 years 27 days ago
vangrl
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Wow I can’t believe that Charles Bilash article!

what a f’ing creep, and only a 60 day suspension? insane

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5 years 30 days ago
chinoria
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I know it is early days, but where do you guys get foreclosure and court ordered sale listings info?
Thanks

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5 years 30 days ago
condo_day_ftw
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condo_day_ftw
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That Financial Facelift has had a number of updates and corrections made to it since it was originally published on Saturday. The latest version states that he works ~80 hours a week, not the 2 days a week mentioned in the original.

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5 years 30 days ago
trackback
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[…] Many Franks pointed out what has to be the most bizarre ‘financial facelift’ feature yet over at the Globe and Mail. […]

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5 years 30 days ago
VCI Admin
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VCI Admin
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Identicons are experimental, and apparently not working all that great yet. We tried to take an existing plugin and adapt it so it would based on IP address instead of email address, but its not functioning properly at this point.

tedeastside, franko, taylor192, Mortgageslave, southseacompany, ostritch and Many Franks aren’t even on similar IP addresses so there’s clearly some work to be done on that front.

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5 years 30 days ago
RFM
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Iran sees no sign of a shift within OPEC toward action to support oil prices, its oil minister said, adding its oil industry could ride out a further price slump to $25 a barrel.

The comments are a further sign that despite lobbying by Iran and Venezuela, there is little chance of collective action by the 12-member OPEC to prop up prices – entrenching the reluctance of individual members to curb their own supplies.

Source:
http://www.reuters.com/article/2015/01/19/us-iran-oil-idUSKBN0KS1A120150119

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5 years 30 days ago
bobwestsiderealtor
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The problem is, pragmatists are starved for reasonable real estate discussion. There is the dull wit of MSM on the one hand, and the ZeroHedge of Vancouver (CondoInfo) on the other. With nothing rational in between.

The admins could probably turn this board around with a bit of effort but they apparently don’t have any ambition beyond random fly-by traffic. Maybe PaulB is the admin?

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5 years 30 days ago
RFM
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TORONTO, Jan 19 (Reuters) – Canada’s main stock index eased on Monday as a decline in oil prices and concerns about the Chinese economy weighed on energy shares, which resumed their downward trend.

Source:
http://www.reuters.com/article/2015/01/19/markets-canada-stocks-idUSL1N0UY0OS20150119

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5 years 30 days ago
Egg Hunt
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>#111

How is it possible that $300K annual income professional in his early 40’s only has only $180K RRSP?
No RRSP for wife- dentist – neither have pensions.

I understand there is a RSP contribution limit cap, but meaning he is in professional career making more than $100K for 10 years or much less than that.

Grocery $2,000 for 7 members of family, $520 for clothing is surprisingly low,

Is it true story..?

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5 years 30 days ago
bobwestsiderealtor
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Perfect! RT: space889 Says:
January 19th, 2015 at 11:10 am 114
Hidden due to low comment rating. Click here to see.

If this blog is a Shomi commerical:

Shomi irrelavent: teaside

Shomi who’s being wrong for years but insist I’m right: pretty much every bear on this site

Shomi nitpicking and I’m have to be right: Patriotz

Shomi renting is so superior that I bought right after my landlord kicked me out: Patriotz

Shomi racism: BPOM

Shomi I’m got nothing to contribute except negative Chinese news: BPOM

Shomi I’m not a racist, I just don’t like Chinese: George

Shomi I post stats here, please hire me as your realtor: paulb

Shomi I contribute good analysis but I just can’t handle the bullshit on site: Jesse

Shomi I have the most accurate predictions, despite the cyber bullying and name calling, and be nice about it: Dave

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5 years 30 days ago
RFM
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The International Monetary Fund (IMF) has lowered its forecast for global economic growth for this year and next. The IMF now expects growth of 3.5% this year, compared with the previous estimate of 3.8% which it made in October. The growth forecast for 2016 has also been cut, to 3.7%. The downgrade to the forecasts comes despite one major boost for the global economy – the sharp fall in oil prices, which is positive for most countries. The IMF expects that to be more than offset by negative factors, notably weaker investment. That in turn reflects diminished expectations about the growth prospects for many developed and emerging economies over the next few years. If business expects weaker growth, there is less opportunity to sell goods and services and so less incentive to invest. Deflation concerns The eurozone is a case… Read more »
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5 years 30 days ago
BWilson
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Indigo / Chapters is in secular decline that’s why it’s closing. Blame Amazon, e-readers and iTumes (Indigo was once called Indigo books and music – there used to be an extensive music section at that store, selling CDs).

Happens all the time in the retail space, you don’t see any Radio Shacks anymore do you?

Coincidentally, Radio Shack is on the verge of bankruptcy.

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5 years 30 days ago
valleyrenter
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In regards to the schmuck in the Globe FF article, we should be encouraging people making that much money to spend it all. Rack ’em, pack ’em and stack ’em. What did it say again? He burns through $30,000 + a month with his lifestyle? Go to town buddy. I like to eat out at a nice restaurant every now and then, without people like him those restaurants wouldn’t be able to keep their doors open so I could enjoy one. I like to golf also, imagine without potatoheads like that, there would be no courses to choose from. Want to take a limo out for a special occasion? Plenty to choose from for me, all thanks to people using them as almost daily transportation, lol. Betcha all the dealerships servicing their Maseratis, Porsches, Mercedes and Range Rovers charge a… Read more »
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5 years 30 days ago
Whistler or bust?
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Whistler or bust?
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Happy 11,164 day!

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5 years 30 days ago
tedeastside
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Vancouverites have never been studious or book reading people, dont see any big companies ever created in vancouver

so its no surprise Chapters is closing on Robson

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5 years 30 days ago
paulb
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New Listings 310
Price Changes 57
Sold Listings 77
TI:11164

http://www.paulboenisch.com

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5 years 30 days ago
BWilson
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Vancouver Realtor steals $11,000 from a client, gets slap on wrist, 60 day suspension.

http://www.theglobeandmail.com/life/home-and-garden/real-estate/regulator-slams-agent-who-hid-high-commission/article22488195/

If this happened in a real profession like a lawyer or financial services professional they’d be kicked out of the industry, career over. Business as usual in Scamcouver.

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5 years 30 days ago
DaMann
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DaMann
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Looks like they need to do work on the identicons!

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5 years 30 days ago
Many Franks
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@DaMann: He’s looking at the identicons. They’re supposed to uniquely identify posters, but for some reason a bunch of us have identical ones.

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5 years 30 days ago
Bull! Bull! Bull!
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Bull! Bull! Bull!
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if i told you how i knew, this wouldn’t be nearly as much fun.

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5 years 30 days ago
DaMann
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Exactly. What list are you talking about? If you’re accusing someone of something then man up and give proof.

I don’t post nearly enough to warrant honorable mention from the esteemed B cubed.

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5 years 30 days ago
vangrl
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vangrl
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“add DaMann and vangrl to that list.”

huh? what list?

I do see something new though, a post of mine is “awaiting moderation”. Is this a new thing?

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5 years 30 days ago
Shut It Down Already
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Shut It Down Already
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The thought that somebody in China would cover their margin call by selling their (illiquid) Vancouver house is laughable.

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5 years 30 days ago
Bull! Bull! Bull!
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Bull! Bull! Bull!
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add DaMann and vangrl to that list.

so tedeastside, franko, taylor192, Mortgageslave, southseacompany, ostritch, Many Franks, and vangrl are all the same person. lol.

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5 years 30 days ago