Are you ready for the weekend?
We are!
It’s Friday and that means it’s time for another Friday Free-for-all open topic discussion thread for the weekend.
What are you seeing out there? Post your news links, thoughts and anecdotes in the comments below and have an amazing weekend!
add a couple more to the body count…
http://bc.ctvnews.ca/police-investigating-2-suspicious-deaths-at-vancouver-home-1.3609137
You mean this article: Gone in 7,200 seconds: the inside story of Vancouver’s wildest property deal
https://www.biv.com/article/2016/4/gone-7200-seconds-inside-story-vancouvers-wildest-/
So that article was written in April 2016.
Where are we now on that? Did anything change there?
Since we might get lots of dead bears soon, here are recipes on how to cook various bear meat dishes. Bon Appetite!
http://www.bearhunting.com/pages/bear-hunting/info/cooking-bear-meat
Bombardier expected to double down on CSeries sales drive in China:
https://app.tmxmoney.com/news/cpnews/article?locale=EN&newsid=SUF2701
You know Bombardier is in trouble when they have to chase after business in china.
Tech investors in US, Canada scammed out of millions as Ponzi operator flees back to China
Again, when will we learn to never do business with them?
Better stop doing business with Albertans whilst you’re at it:
That’s right! Those fuckers caused the Internet Bubble 1.0, swindles all the wealth, and now they are back at it again almost 20 years later to swindle a new generation of investors.
lol…you can’t make this $hit up can you? and not surprisingly real estate is at the center of it all once again…
Just in case, this is somewhat RE-related news. A few details from the same source:
“Vancouver Lawyer Joe G. Carangi, who invested $138,000 in Istuary Investment Fund, is alleging that CEO Yi An “Ethan” Sun and his wife Yulan “Amy” Hu spent investor money to buy homes for themselves in the lower mainland, fund their personal lifestyle, and to acquire companies and shares in China.”
“Carangi alleges that he was introduced to Sun and Hu by ChiYuen “Julia” Lau, the Vancouver realtor behind the infamous 68-million-dollar Nelson Street property flip uncovered by South China Morning Post.”
Circus.
….demand over the past three months has dropped year-over-year for purchase mortgages, “reaching the lowest third-quarter reading in the past two years”:
Lenders also reported declining demand in refinance mortgages: “Overall, the refinance market remains a stark contrast from a year ago, when the net share reporting rising demand over the prior three months hit a survey high.”
https://wolfstreet.com/2017/09/25/lenders-loosen-mortgage-standards-as-demand-falls/
Employees at Vancouver tech startup say they haven’t been paid in months
This same link was posted earlier today by bullwhip29. I know it’s hard for you but try to keep up.
Says the guy who’ll post a duplicate link for the third time…
Why do you post using multiple IDs? Are you schizophrenic? Do you talk to yourself too?
What multiple ids? Good grief, you’re even more of a moron than I imagined.
The head of the Bank of Canada says that after two interest-rate hikes this summer there is “no predetermined path” for the benchmark going forward
http://business.financialpost.com/news/economy/after-hiking-twice-theres-no-predetermined-path-for-rates-from-here-poloz
It is hard to have any confidence in this guy that he really knows what he’s doing.
Well, one thing for sure, he knows much more than you.
I was thinking when I posted that earlier that you would chime in just like you did. What a predictably sad person you are.
Just talking the loonie lower before he hikes again… surprise!
“Don’t bank on your house for retirement fund, watchdog warns. But 45% of Ontarians do”, Financial Post
“The OSC warns that if there is a housing price correction a lot of people will fall short on their retirement goals”
Canada’s financial watchdog to ‘review’ B.C. casino money laundering
http://www.cbc.ca/news/canada/british-columbia/canada-s-financial-watchdog-to-review-b-c-casino-money-laundering-1.4308877
>>> so i wonder what rock krusty is hiding under right at this moment?
Whistler Craigslist ad offers housing solution
http://vancouversun.com/news/local-news/free-rent-for-a-girlfriend-whistler-craigslist-ad-offers-housing-solution
Old news….this has been around since 2008 with DABA phenomena
“Sale of luxury detached homes drops in Vancouver: RE/MAX”, News 1130
http://www.news1130.com/2017/09/27/sales-luxury-detached-homes-drops-vancouver-remax/
“RE/MAX figures now show that between January and July of this year sales of luxury properties with a price tag of $3 million or more slipped 40 per cent in Vancouver and just 14 per cent in the GTA, compared to a year ago.”
most action shifted to condo mkt because…
no FBT on presales
changes to FBT exemptions
first time buyer loans introduced
number of 10 year visa applications going parabolic
CMHC restrictions $1M+
smart money positioning themselves for watered down NDP housing measures
buyers priced out of detached (and soon to be t/h) market entirely
buyers also subject to FOMO as both prices and now interest rates on the move
“Canadian Real Estate Buyers Are About To Lose 25% Of Their Buying Power”, Better Dwelling
https://betterdwelling.com/canadian-real-estate-buyers-lose-25-buying-power/
” The median family makes $69,522, giving them the ability to borrow $452,468. Under a stress tested rate, this drops the amount to $335,626. That’s a big drop for what the median household can borrow… at least from traditional vendors.”
“The benchmark home is currently $602,400 across Canada. To buy one, the median household would need a 24.89% downpayment to fill the current credit gap. Under a stress tested load, that jumps to a 44.29% downpayment”
A frustrating situation for hundreds of employees at a China-based tech company who have been working for months without being paid
https://globalnews.ca/news/3771076/employees-at-vancouver-tech-startup-say-they-havent-been-paid-in-months/
Companies arent stupid. Hire only RE owners and milk their Line of Credit.
“I feel cheated,” Gajendran, a former Istuary Employee, said.
Welcome to the club. Great experience learning the famous traditional culture…
Of course, no Canadian startup has ever failed to pay employees on time.
Back to your cave.
missed point yet again. problems are almost certainly due to sketchy dealings overseas, has nothing to do with the freshii’s of the world going down the tubes because business is bad
You know that because you have insider info / sources like Oracle? Maybe you should present your evidence to the RCMP.
Freshii still plans to have nearly 400 locations by the end of the year. Is that your idea of going down the tubes? Or do you know that staff are going unpaid?
You are hilarious with your regular bullshit justifying and glorifying every Chinese misdeed. The same shtick as that PR secretary Spicer but in Melissa McCarthy presentation.
.
This happens All The Time. You’re just fixated, as usual, because of the mention of China. Pathetic.
Disgusting behaviour from these chineeze but what can you expect from their get-rich-quick mentality. The owners just want to keep all the money for themselves and employ slave labour. Never work for a chineeze. Disgusting.
and listen to all the lies and bullshit the company is telling their employees. They are buying another company in china so their funds are frozen… which makes no sense and is obviously a lie. They should live up to their current obligations and pay what they owe. Then they say ““And then on August 1st, they put out the suggestion for the employees to go on EI,” she says.” Right so now let the Canadian taxpayer pick up the bill. Typical chineeze communist mentality of get something for nothing.
whether principals of company are feeling the heat or are doing this deliberately, it must be comforting knowing that co could close up shop, vanish for no apparent reason and leave everyone high and dry without anyone here ever finding out what really happened. current and former employees should get those mortgage applications approved pronto…
I used to look through Istuary reviews on glassdoor in the past, just for fun. Got an impression it was a Ponzi scheme for unsophisticated investors. Now it has collapsed. Those unpaid employees are just a collateral damage. Judging by the “I haven’t been paid for 4 months” comments, this company did not hire the brightest people.
Ok, here we go:
Ministerial Instructions Respecting the Start-up Business Class, 2017
http://www.gazette.gc.ca/rp-pr/p1/2017/2017-08-19/html/notice-avis-eng.php
As far as I understand, our new Minister of Citizenship and Immigration just opened a new express lane for “business immigrants”, who will be able to get Canadian PR via designated “incubators” (total 27), angel investor clubs and VC companies. The article has the full list of all those entities. Istuary is in the list. Now watch for other “innovation leaders”.
Well, at least, now I know who those unsophisticated investors were.
For those NDP Retards here who say “It takes time to enact change” on the housing file. Guess what? The NDP LIED TO YOU. They will not do anything. Here’s how the Liberals do it: When Gordon Campbell was elected he lowered BC’s income tax by 25% ON HIS FIRST DAY IN OFFICE! Think about that. He campaigned on it and the second he got power he did it. (Just like the NDP could if they had any intention) He then ushered in 16 years of boom times for BC after the dark ages of the 1990’s under the NDP. You anti-business, anti business owner might hate the BC Liberals but anyone with a brain knows they were excellent for BC and history agrees. The NDP was in political wilderness for nearly 20 years because they deserved to be! Enjoy… Read more »
Yes. They were great. House prices quadrupled under the BC Libs. No amount of tax cuts will make up for that. Even if they scraped all taxes, we would still be unable to buy anything but a cardboard bid.
I feel really rich now, thanks BC Libs. You guys made my life good. Sorry, I have to go to my second job now. Got to pay the rent to my Chinese landlord.
“House prices quadrupled”
Now under the NDP we still have quadruple house prices (and rising), but with higher taxes and only a bunch of broken elections promises to show for it. That’s awesome isn’t it!
You still pay rent to your Chinese landlord. Enjoy your second job while you have it. Jobs become hard to come by under the NDP.
Low end up 20% under NDP.
Wake up!
The Libs may have been good for business but they were not good for people. That’s why they got turfed. Recent Ipsos Reid poll shows Horgan is the 2nd most popular premier in Canada now. Four years from now who knows?
They got turfed because they had a majority 4 terms in a row. Winning a majority 5 times in a row is near impossible for any party. Note the Liberals actually won the popular vote in 6 consecutive elections including the previous time the NDP were in power in the 90s. Having said that, it probably says more about the NDP than the Liberals. People are learning that quickly.
For those NDP Retards…..NDP LIED TO YOU
No, you’re lying to us.
Retard.
i agree with him. Liberal landslide.
i know many people who were duped by the ndp on housing. they simply aren’t going to vote for them.
liars are worse than the liberals.
Oracle, you and your sock puppets are fake news.
Wow I got schooled. I better just leave now.
Funny how you union hacks are making no mention how the Liberals could make a major campaign promise a reality on DAY 1 and the GNDP haven’t done anything on day 140.
Same old NDP
Whistler: They are different types of policy decisions. Not everything is the same. One was an isolated rule change whereas the other is more a complex policy change which would affect more areas and requires more study to be effective. No need to leave. Just learn from your mistakes.
Hahahahaaaaaa! Good one, Abdul.
With Dianne Watts coming, it will be a majority Liberals.
And Proportional Rep won’t pass. Would not want NDP liars in office. Im gonna spread the word.
Dianne Twat will not win.
The LibCreds won’t pick another self centred, power hungry woman right after the last self centred power hungry woman picked up her ball and went home crying.
Trust me on this.
this will be the guy, mark my words…
What was that, hyper partisan moron?
Why do you hate women so much meth? Is it because they always reject a violent tempered loser like you?
Watts pissed off a lot of BC Liberals during the election by not coming out and supporting them – particularly in her own city of Surrey where the Libs did badly.
If she made it to leader she would likely do OK with the voters but she has to win over the party membership first.
It was a bad time in the mid 90’s in BC because of the Asian financial crisis, which caused a housing crash…it wouldn’t have mattered who was in power. The late 90’s was the best time for Vancouver….lots of jobs and cheap houses….it’s been getting steadily worse ever since the Libs took the reigns…
House prices are in a bubble across the country. BTW the they are still in a bubble in BC and the NDP are in power now. That won’t change until the whole country crashes.
NDP had higher average yearly GDP growth in the 90s than BC Liberals did in the 2000s according to StatsCan, unless you think StatsCan is crooked and can’t be trusted?
Also, BC under the NDP was the only province to not pass along the healthcare transfer payments cut by the Federal Liberals under Chretien and Martin.
Same old NDP
http://vancouversun.com/news/politics/ndp-government-stacks-jobs-with-partisan-insiders
No action on housing but they got rid of tolls and banned the Grizzly Hunt!
“banned the Grizzly Hunt!”
Actually you can still hunt grizzlies. You just have to say it is for meat. The grizzly hunt ban was just another broken NDP promise. There is in fact no ban.
You can’t take the head or skin, so that kind of….I dunno…..deters trophy hunters?
Apparently some people who know way the fuck more than you do about this subject approved.
The Wilderness Committee welcomed the move to stop the trophy hunting of grizzly bears.
“For 16 long years we’ve been demanding this ban,” Wilderness Committee national campaign director Joe Foy said in a media release”
Photo and bragging rights is all they need to make it worth their while. Like anyone eats grizzly meat. The whole thing if a sham. Weaver called this out as bogus and political spin.
https://globalnews.ca/news/3671496/bc-green-party-leader-slams-ndp-grizzly-hunt-ban-as-political-spin/
The NDP left this loophole in place on purpose.
Raincoast Conservation Foundation “virtually no one legitimately hunts grizzlies for food; killing these bears is strictly a trophy hunt.”
Andrew Weaver said foreign hunters will still be able to shoot grizzlies in B.C., “take a picture of themselves standing over the dead beast, and head back home without harvesting any of the animal.”
Bear meat takes pretty good…
Horgan said his party has been in talks with hunting stakeholders to make sure they understand the NDP is not proposing a sweeping hunting ban. “This is not about being opposed to hunting — this is about being opposed to the grizzly bear trophy hunt and only the grizzly bear trophy hunt.” said Horgan ( Nov 24, 2016 )
http://www.cbc.ca/news/canada/british-columbia/bc-ndp-to-end-grizzly-bear-hunt-1.3866223
Next lie?
That statement refers to him stating he was not going to ban other types of hunting like deer and elk. Of course nobody thought of hunting grizzlies for meat because it didn’t. The grizzly bear trophy hunt was banned in name only. There was no such thing as hunting grizzlies for meat until Horgan made it a thing as a loophole for the trophy hunters. The trophy hunt continues. A dead grizzly is a dead grizzly.
Same old NDP haters.
Might as well call yourself “Liberal4Life” being the hyper partisan moron that you are.
Says the twat who can’t even refer to members of his opposition parties by their real names.
Dance, monkey!
Wow some mad NDP’ers here!
Guess they learned from Angry John!
The Liberals are not the ones forcing the NDP to break every important election promise.
New
263
Price Change
66
Sold
170
TI:10232
and yet even more realtors making their pitch for a Vanc based Amazon headquarters…
http://vancouversun.com/business/commercial-real-estate/canada-could-be-right-fit-for-amazon-hq2-says-colliers
Is Amazon going to pay their janitors a $200,000 salary so they can afford to live in Vancouver? Thanks to the BC Liberals Vancouver is a terrible place for any company that needs high quantities of affordable labor.
no, this is just another example of realtors saying and doing anything they please to coax you into buying. i suppose if krusty was still around construction would have already begun…
Sorry to burst your bubble, but owning a home won’t fund your retirement
https://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/sorry-to-burst-your-bubble-but-owning-a-home-wont-fund-your-retirement/article36396255/
I Was Paid $400 to Wait in Line at a Condo Sale
https://www.vice.com/en_ca/article/qvj3w3/i-was-paid-dollar400-to-wait-in-line-at-a-condo-sale
Yet another ridiculous story at the height of housing mania.
Did the person report that on their tax return?
China Conducts First Ever Live Fire Military Drill In Its First Overseas Military Base In Africa
Look guys! We can totally be imperialists just like the Americans! Except the USA has about 800 military bases internationally. I think China has some catching up to do.
By the time China catches up to US current state of domination, I think US will already have 800 bases around the solar system and 10 SSD battlegroups.
The kind of scums bears on this blog protect and even worship. Why can’t we kick all the locust scums out of this great country build by my ancestors and me right now. Fuck you bears for supporting such scums.
http://www.cbc.ca/news/canada/manitoba/child-sexual-abuse-survey-1.4307234
More sexual obsession. Get help!
Fucking sick child molesters! We don’t need your kind in Canada.
I’m sure you are so proud of your cousins doing this and want them in Canada too right? All in the name of religious tolerance?
Rapefugee masturbates to 3 year old boy at Austrian swimming pool’s kiddie pool
https://voat.co/v/Niggers/808660
North Korea will be able to hit U.S. with nuclear weapon ‘soon,’ says American general:
https://globalnews.ca/news/3769532/north-korea-hit-us-nuclear-weapon-soon/
Marine Corps General Joseph Dunford, chairman of the Joint Chiefs of Staff, said he expects China will be the greatest military threat by 2025.
China will be a threat? Well what would that do to our real estate markets?
Meanwhile, we continue to be infiltrated by the enemy.
Only morons believe it’s always us vs them in a zero sum game. But then given the pathetic state of public education and all the 14th century heathens we are importing, this is not surprising.
Dude, nothing has changed in a 1000 years.
War is always around the corner. The Chinese are trying to take over Africa. The USA are losing because too many leftists and SJW’s inside their country.
Europe will be done in 2-3 generations as birth rates between cultures will overwhelm them.
Hopefully India starts flexing their muscles and taking over places. World in a 100 years from now will look different. Make sure you aren’t on the losing end.
Your true color shows….world domination and invasion. That’s why we need people like BPOM, Roach, Vangrl, Abdul, etc to exterminate pests and warmongers in this country and around the globe.
Of course the Generals know China is a threat. The Chinese would never have allowed Americans to rise up if roles were reversed.
The longer they wait, the greater the chances that China will win the future war.
USA must attack N Korea and set up bases there. Then put in a trade embargo on China and let their economy crash. Only way going forward.
Oh you Indian fantasy wet dreams….you guys hate the heat & humidity so much that you would give everything for a nuclear winter?
True state of Chinese military: https://www.youtube.com/watch?v=CAXTAv8eqzM
Heck, they are still arming their soldiers with crossbows people! Crossbows!
Again with the sexual obsession.
Trump said back in January that it “won’t happen”. Therefore it probably will.
Trump is playing this perfectly. As you lefties freak out over his tweets Trump is exposing N Korea’s hidden nuclear program by taunting little rocket man to test missiles and nukes. This has got China and others on board to take them down. We had 24 years of ignoring N Korea and that clearly didn’t work. Trump is doing exactly what is necessary.
Absolutely agree with you on this. Trump is actually doing a good job on this file.
What part of their nuclear program was hidden, exactly? They’ve been announcing their nuclear intentions and motivations for the longest time now. The fact that the buffoon can’t keep away from a Twitter for even 24 hours doesn’t change any of that.
The only good thing Trump is doing is choosing not to show that they’d fail to shoot down a missile if actually put to the test.
It was not so much hidden but ignored under the coward Obama. Trump exposed it so it could not be ignored anymore by China and the UN hold outs. He taunted the boy dictator to make the case for sanctions himself. Pure genius. Obama also cut the missile defense program which makes everything worse. Obama was one big failed experiment.
An experiment in what, exactly?
Affirmative action never works.
You would know personally, don’t you? Bet that’s probably how you got your job.
The first NK nuclear test was in 2006 while George W Bush was President. Like all their tests, it was publicized both before and after. Certainly the most publicized nuclear program of any country and there was nothing for any US President to “expose”.
https://en.wikipedia.org/wiki/2006_North_Korean_nuclear_test
Perhaps his deletion of tweets endorsing a losing candidate is also part of this genius strategy? Same for getting stuck into the NHL whilst Puerto Ricans spend another night waiting for aid to arrive?
We all know the best presidential strategies are conducted on social media, after all. Just ask Megyn Kelly.
Sources tell me that UBER’s arrival into Vancouver is going to be held back by the NDP.
Another Flip Flop.
They are basically going to require drivers to do a mini-Diploma before they can drive and lick up passengers. All current taxi owners and drivers are grandfathered.
Hahahaha
Pay to play.
At least they didn’t make Uber drivers get commercial insurance and criminal background check.
How long do they have to study before they can start licking up passengers?
local MSM continues to bend over backwards to appease HAM who have been shamed by the onslaught of negative coverage of the fuerdai and their endless shenanigans by crafting this sugary sweet video of a chinese guy who is in fact not a spoiled brat but rather a self made man and model citizen who felt it necessary to set the record straight…
and just to add that this guys so called legit, above board biz appears to be nothing of the sort…another fake import/export business and most definitely mommy and daddys dodgy money involved somehow,.. shame on CTV
https://tailoredcon.com/
That website asks: In the end, is it CRIME?
Uh… ya probably.
LOL just can’t make this stuff up !!!
I thought the fact the guy is a Chinese is crime enough.
It’s one and the same.
CTV is fake news.
Dave is a fake poster.
See how stupid this argument is?
LOL on his website has 7 different bracelets and 3 different cufflinks for sale. That’s it. I bet if you ordered any of them they would never show. Fake business for sure. Either that or a fool.
Yet another company in the chain of money laundering Fucks at work…