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安安安安安安安安安安安安安安安
(05-01-2012, 05:10 PM)
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#701
Last edited by Ether_Snake; 05-01-2012 at 05:13 PM.
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Member
(05-01-2012, 05:44 PM)
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#702
Even assuming the prices continue to appreciate, you will likely lose money with a 5 year time frame. Plug your assumed numbers into this calculator to see the break even point. Keep in mind that interest rates will likely be hiked soon. http://michaelbluejay.com/house/rentvsbuy.html Rent for those 5 years and reinvest the money. Buy when you're ready to treat a house as a place to live and not as an investment, especially when most signs point to this being the top of the market in the major Canadian cities. After 5 years the amount of money you'd owe on a mortgage would be scarily similar to the amount of money you initially owed. That's not to say that there's a chance this entire post is wrong. There might still be money to be made, especially if you have 25% down and extend your horizon to 8 years. Lots of people have made a lot money in Canadian real estate these last couple of years. If I was in a position to buy 5 years ago I would have jumped at the opportunity. We're in a position to buy now but don't plan on doing so for a while. Prices are one concern, but flexibility is another. |
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Member
(05-01-2012, 06:42 PM)
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#703
It edges towards buying or renting basically entirely upon what % return on investments or real estate appreciation I set it to. Neither of us are skilled with investments so I wouldn't expect to be able to get more than 3%-ish return on those overall. Setting it to that, and a level of rent in line with living downtown/close to it, makes the calculator say buying is better. But again, that's dependent on the property having a value that appreciates by an average of at least 3%. If the market is so supposedly close to popping I'd want to wait until after it does, but I don't know when that will be. My girlfriend and I still want the place we've found too, so that's another consideration...though maybe we'd be able to buy one at the same building shortly after it finishes for cheaper than now if the market pops by then. |
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Member
(05-01-2012, 07:22 PM)
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#704
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Member
(05-02-2012, 01:40 AM)
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#705
In the meantime, it is broadly perceived that union contracts have wage increases set in stone and defined benefit pension plans indexed to inflation that guarantee a standard of living for public sector workers that the remaining 65-70% of the population feels as though they can only dream of. So...that's a long-winded way of saying that it's not just the Conservatives who have been turning public opinion against unions - the coverage of union/government contract negotiations, and the general public opinion environment have been doing that for at least a generation. |
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Member
(05-02-2012, 02:40 AM)
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#706
People shouldn't be trying to lower standards all around, that's my issue. Blaa blaa you don't have X days off with Y pension benefits, fight for it, don't get vitriolic because your mailman has them. |
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Member
(05-02-2012, 03:11 AM)
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#707
Private sector: greater risk in terms of job security and retirement benefits, greater rewards in terms of wages. Public sector: lower risk with enhanced job security and retirement benefits, lower short-term rewards in terms of wages. And this no longer applies. Governments cannot afford to hire unionized workers in permanent positions because it means that they pay as much in benefits as they would in salary. The mailman, for example, may "earn" 50K a year, but he costs the government nearly $100,000 annually, because of the additional benefits, overtime pay, and pension contributions that the government pays as a function of what a permanent employee will earn. So they hire contract workers, to whom they don't have to offer benefits or job security, in order that a $50,000 employee only costs $50,000, for the duration of their contract. Temporary workers are offered some benefits, but can be released and re-hired, and accordingly not paid or paid, based on "seasonal" need. That said, among the entrenched, public-sector wages have crept up to the point where, in some parts, they match and may exceed what equivalent posts would earn in the private-sector; private-sector wages have not increased to match cost of living. So, private sector workers are assuming more risk without the rewards that used to apply. In fairness, targeting frontline public-sector and unionized workers alone for job cuts is unfair; in some cases, chopping thousands of jobs at a time puts pension benefits at immediate risk, which poses greater problems for government then having people employed in the first place. Back on track - Many also raise the point that the pensions of public sector pensions are partially subsidized - in some cases, upwards of 50-60% - by government revenues, aka tax dollars. It's an unsustainable model as long as we have such other services as public health care, and as we saw with such private organizations like Nortel, when things go bad, they go *really* bad, and billions of dollars that would otherwise have paid for cardiac bypasses are going to back up workers' retirement plans. Workers who, some argue, collect pension benefits at the same time as they collect further government paycheques as they go back to work as consultants. Should people who work get paid for it? Certainly. Once they earn their wages, do we have any right to criticize how they spend it? Likely not. The question that most people struggle with is whether they should be paid for work at the same time as they are paid to be retired. The typical response is "bitch, bitch, bitch, go get a job in the public sector if you don't like it", but there is so much competition for any job - let alone PS jobs that are usually filled before they're posted - that said attitude is no longer a valid response. And, for private sector workers to attempt to bargain for the benefits they want? Most of us would be fired. No income? No tax revenues. No tax revenues? Further strain on an already burdened budget. The solution isn't for private-sector workers to bind together and collectively bargain, as we've seen, this might well exacerbate the problem. Ultimately, if we promise (private or public-sector) workers something, we as a society should be willing to deliver; that said, if the model under which we're currently operating is unsustainable, everyone, private and public, has to be willing to make concessions so we all avoid bankruptcy. Wage freezes are only part of the solution; long term pension reform (conversion to defined-contribution plans, for starters, and broader public reforms to such nets as CPP) is another part. Attitudes on all sides, though, are perhaps the biggest part. But changing attitudes is a long-term, thankless project. Chretien's Liberals learned that lesson in the early 90s, changing the focus from their (broken) promise to eliminate the GST to heightening consciousness and concern over the public debt. So in the meantime, it's the public sector unions' fault that the government can't afford to govern. |
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Member
(05-02-2012, 08:46 AM)
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#708
Oh good... another Omnibus bill... :\
http://fullcomment.nationalpost.com/...nt-has-fallen/
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**edit to add more of what's in the bill via the CBC: http://www.cbc.ca/news/politics/stor...niversary.html
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Last edited by lacinius; 05-02-2012 at 12:20 PM.
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Member
(05-02-2012, 03:04 PM)
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#709
Apparently Hitler got the memo about Harper invoking his name, rofl
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Member
(05-02-2012, 06:49 PM)
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#710
So I went to a PC fundraiser hosted by Tim Hudak last night and was just stunned to hear an auditorium full of clapping for his nonsensical double talk. The province is in massive debt so you want to lower taxes?? Ok, I get that this is the way the rightwing goes but does the entire room have blinders on? Or are they in on it and just want to get in, get off and get out?
A close friend of mine is a business owner who's struggling so I get that he votes Conservative but some of these people last night had $3,000 suits and $300,000 cars. They aren't struggling so I don't see their need to turn this country more into the United States and less like the social democracies that have a much higher quality of life. |
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(05-02-2012, 07:20 PM)
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#711
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Member
(05-02-2012, 07:32 PM)
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#712
I find it a bit awkward that this governement is cutting left and right in spendings and yet funded a flashy video to unveil a 20$ bill. |
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iddqd
(05-02-2012, 07:41 PM)
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#713
The video probably cost in the thousands of dollars to produce, and informing people on how to use security features in bank notes is kind of essential. Also it was probably the BoC that decided to allocate resources to it.
Were you expecting the Queen not to be on it? She is our head of state. Would be rather odd to not have her there. :P |
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I would bang a hot farmer!
(05-02-2012, 09:03 PM)
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#714
I can't remember if it was in this thread or the Toronto thread but I'll say it again, I hate the new $50 bills. For people like me who use a money fold without a clip they're a pain in the ass. I'll probably have to start using a clip once I start getting the new $20 bills.
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holds a masters in liberal arts
(05-02-2012, 09:33 PM)
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#715
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Member
(05-02-2012, 09:41 PM)
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#716
As for the Queen she only has a symbolic role anyway. It's not like there isn't any great Canadians that contributed to our country. |
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Member
(05-02-2012, 09:49 PM)
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#717
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holds a masters in liberal arts
(05-02-2012, 09:56 PM)
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#718
I can not understand this mentality either. It is freaking our country people should have issue about this. I mean we still sing god save our queen. Some time I feel like I am the only one around who actually cares about this issue even a bit. |
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iddqd
(05-02-2012, 09:59 PM)
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#719
Seriously, I frankly don't get why people get such a bug up their ass about the role of the monarchy in our system. We have an *advantage* in having an arms length, non-partisan, head of state with a largely ceremonial role. And because the brits foot the bill for her we probably have one of the cheapest heads of state in the world. I'm not against patriating the head of state, but I'd much rather it be maintained as a non-partisan role. And politically I just don't see that happening. There's too much potential power in a partisan head of state to give up. So I'm perfectly happy the way it is. |
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Member
(05-02-2012, 10:01 PM)
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#720
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(05-02-2012, 10:02 PM)
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#721
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iddqd
(05-02-2012, 10:06 PM)
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#722
Why? What would you have our head of state do that they do not currently do or is not currently well served by either the head of government (the PM) or our justice system? In countries where the head of state and the head of government are one role (the US), they have immense powers allocated to them. In countries where they are separate but both hold active powers, there tend to be massive power struggles between the two as they focus on completely different arenas and can't always both get what they want. We have a head of state, who represents Canada as a nation ceremonially and who's responsibility is to maintain tradition, and we have a head of government who's responsibility is to maintain the day to day aspects of governance. I like it this way.
Last edited by maharg; 05-02-2012 at 10:09 PM.
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Member
(05-02-2012, 10:43 PM)
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u
#723
My concern is that the symbolic figures that hold these power is not really living in our country or actively taking part in it. And we do have to foot the bill for her indirectly. We pay for the GG which is her representative. We also pay millions to welcome her family when they are on a trip in the country. Moreover, I don't really buy the non-partisan argument. It's often the GG that is called to make decisions and the government "recommends" (read chooses) him to the Queen. I totally don't expect him to be non partisan and objective. I really don't think Harper would have selected someone that would abandon him during an another emergency shut down of the Parliament because the oppostion wants to overthrow is government. I don't see how getting rid of the Monarchy precludes us from coming up with an alternate method to keep these power split or find a way to gives the president full power but with a good method to overthrow his decision in case of abuse. |
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iddqd
(05-02-2012, 10:57 PM)
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#724
Also, the GG, like the queen, holds only reserve powers. They can't just go and do things willy nilly to back up the PM that appointed them, because they quite simply don't have the power to do that. Unless in the case of great emergency, to the point that the people as a whole would support an unelected official taking action. A GG who acted without that kind of support would be in dire straights indeed, and would cause a full on collapse in the constitutional order of this country. And actually, Harper has probably done more to make the position of GG non-partisan than any PM before him. He didn't just pick someone, he formed a committee to recommend someone that had people from a fairly broad spectrum of political life. And he chose someone with a really strong background. I should point out, he chose a friend of Pierre Trudeau's, no less. The GG is, by tradition, an apolitical appointee. And while I don't think Harper's traditionalism is entirely pure in motivation, in this appointment I really see no fault to it. |
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安安安安安安安安安安安安安安安
(05-03-2012, 01:48 AM)
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#726
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Member
(05-03-2012, 11:03 PM)
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#727
Quote:
Back to the Timmy Dinner, they only let people in if they think they won't cause trouble, will clap when they're supposed to, yadda yadda yadda. There are organizations who have been invited, have bought a table (for however many thousands of dollars) and then called personally to say that they won't be allowed anywhere near the room. And not refunded their money, btw. |
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安安安安安安安安安安安安安安安
(05-03-2012, 11:51 PM)
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#728
The Conservatives no longer consider Radio-Canada's journalists as journalists, they are now: "government employees".
http://translate.google.com/translat...e-syndicat.php
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Last edited by Ether_Snake; 05-03-2012 at 11:54 PM.
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Member
(05-04-2012, 12:02 AM)
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#729
Opposition fumes as Tories limit debate on sweeping budget bill
http://www.theglobeandmail.com/news/...rticle2421287/
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Member
(05-04-2012, 12:27 AM)
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#731
Canadian-flag-with-Swastika-in-center.jpg |
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安安安安安安安安安安安安安安安
(05-04-2012, 12:41 AM)
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#732
Don't forget the Holy-shit-I-thought-it-was-The-Onion ""Government of Canada" renamed to "Harper Government""
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Member
(05-04-2012, 12:51 AM)
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#733
Sadly too many Canadians don't give a damn. |
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Member
(05-04-2012, 12:56 AM)
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#734
Is there an English source for this somewhere I can link friends to?
Last edited by Firestorm; 05-04-2012 at 01:07 AM.
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I would bang a hot farmer!
(05-04-2012, 01:06 AM)
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#735
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安安安安安安安安安安安安安安安
(05-04-2012, 01:12 AM)
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#736
http://www.torontosun.com/2012/05/01...code-offensive It omits a lot of important info. |
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Member
(05-04-2012, 01:44 AM)
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#737
should tell you more than enough about where the Sun stand on this particular issue. Journalistic integrity is not something they care much about.
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Member
(05-05-2012, 02:03 AM)
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#743
This is the issue that's really got me angry. If the extent of the Globe and Mail story on this is true, basically the entire west coast video game industry needs to close up shop, because if you lose your job (not unusual) you're going to have to start looking for a job at 7-11.
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Member
(05-08-2012, 04:20 PM)
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#745
This should be interesting.
http://www.cbc.ca/news/business/stor...mpetition.html I don't get this however:
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Last edited by krae_man; 05-08-2012 at 05:09 PM.
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listen to the madman
(05-08-2012, 04:30 PM)
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#746
Well the line makes it sound like they currently do have different merchant fees even if they shouldn't, and I guess retailers can't refuse them without giving up other Mastercards/Visas? I use the RICH DUDE Capital One travel card ($120 annual fee, 2% cashback on everything with no cap, price protection, automatic warranty doubling, etc) so I'm guessing I'm really putting the screws to merchants.
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Cool Smoke Luke
(05-08-2012, 04:42 PM)
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#747
I get objecting to a lot of what the Conservatives are doing..but this isn't one of them. A large percentage of Canadians aren't eligible for EI due to existing rules. The loopholes for seasonal workers, and by your comment software developers, need to be closed. I'm fine with people using EI till they get another job..not as publicly funded way to not take jobs you don't like. I'll never shed a tear for anyone that refuses to take an 18$/Hr. job temporarily and earn a living while waiting for a better opportunity to arise. Take the job..hell take two of them and work towards something better. If you don't like the fact you get laid off all the time after projects are finished..change your profession. I know too many people that are Bricklayers and roofers, that pull this shit ever year they make a fuckton of cash till winter then sit on EI till the weather gets better..its bullshit Canadian's shouldn't have to pay for.
Last edited by bloodydrake; 05-08-2012 at 04:46 PM.
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Member
(05-08-2012, 05:09 PM)
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#749
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iddqd
(05-08-2012, 06:31 PM)
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#750
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