The ring of fire is mining, which is required for EV, which is the "green" industry of the future they are always talking about. We build lithium batteries for EV and renewable usage; which displaces oil usage, which removes smog, and hopefully should be more efficient in the long term.
Indigenous have their hands out for free cash as they always do, and that kills this industry like it does everything else in Canada. Hence why we are second to last in per capita GDP growth in the entire OECD. How poor do we need to be before some cynicism kicks in and we stop cosplaying, this is peoples livelihoods we're wrecking.
The economic troubles are immigration. What happens is you have QE and 0% interest rates, to deal with Covid, then you have a labor shortage and "quiet quitting"; as per the phillips curve in economics where inflation and employment are inversely coorelated. Then you have mass immigration to fill the temporary QE induced labor shortage. Then you have the BoC raising interest rates, even more so than expected given Trumps tariffs. Then you have a reversion to the mean for employment, and a lot more workers that can no longer be absorbed.
So its all excess immigration. We arent meant to drastically distort the market like this to fill temporary lulls or highs in the economy, to hide falling GDP growth and then losing the election. I'm not a mustached villain, I simply have a single mom sister who can barely get by as an education assistant and think what we did is despicable.
are more likely to fall into the lower income groups and less likely to be among employees making over $100,000 a year.
I'd like actual statistics presented in a sane way. Obviously if white people are predominant then it is more likely they would be one of the people making 100k or more, just as they will be more likely to be depressed with their job or suffer a fatal car accident from exhaustion.
China is stockpiling coal. Because it has an advantage of storability and is non-volatile. They also keep opening coal plants.
If we assume China will be producing our goods for the next 30 years then its safe to say coal will be in demand. If we do ban their imports because we decided to actually do something about climate change, besides importing people from low carbon areas and pushing urban sprawl via regressive zoning laws, then our entire economy will collapse due to rising interest rates.
Meanwhile the housing minister says prices shouldn't fall. Which of course means they dont want supply of multifamily homes to increase enough for prices to fall.
Immigration is also still well above housing completions so why would prices fall?
I do remember an election debate they hosted with an entire hour spent on a fake indigenous grave story, with 2 minutes to discuss the cost of living to ask Singh why he wants to wipe out boomers retirement vehicle we call housing. To say its not biased seems a bit silly from my perspective.
Trump just today literally blamed Trudeau for ousting Russia from the G7, in 2014. Which Russia was ousted for attacking Ukraine. Yet Carney sat there taking it, a trademark elbows up moment.
When the PM and the new housing minister says prices can't fall because it is peoples retirement vehicle then we all know this will be an ineffective waste of tax dollars.
If they were treated humanely it would still be a shortage, you need to build homes FIRST and then increase immigration. Or else you hurt those without assets. Nobody is blaming immigrants themselves except your poor attempt at an ad hominen argument.
Wow the guy shitting on the poor is actually very progressive, and isn't a piece of shit monopoly man trying to protect his investments. You too will be able to rent a one bedroom in the ghetto that would still be overpriced in any other market.
Let's just get rid of government regulation, environmental regulation, and the social safety net. Bring us back to the 1700s when everyone was responsible for themselves. Since that's whats required to build the housing and maintain mass immigration.
One of the things that we've been very mindful of … as the world gets more hostile, we're worried about impacts to critical infrastructure like electrical guide grids, pipelines, these sorts of things. A lot of them are controlled by systems that were never meant to be connected to the Internet. Nowadays, as people are looking to optimize efficiency, and connect to cloud services and connect sensors to networks, they're becoming more exposed to threat actors from around the world. Normally, your electrical grid would only be threatened by people that are actually in the country and nearby, but as soon as you connect it to the internet, you're pretty much opening a lot of this up to people from anywhere.
This is why you need to use a Scada system like Ignition, which can replicate the database to a cloud or IT environment, and any non-administrators should be using that. Remote access for admins should be done via a PAM software running in a web browser, and optimally only accessible from a locked down Chromebook style device that cant run executables.
The ring of fire is mining, which is required for EV, which is the "green" industry of the future they are always talking about. We build lithium batteries for EV and renewable usage; which displaces oil usage, which removes smog, and hopefully should be more efficient in the long term.
Indigenous have their hands out for free cash as they always do, and that kills this industry like it does everything else in Canada. Hence why we are second to last in per capita GDP growth in the entire OECD. How poor do we need to be before some cynicism kicks in and we stop cosplaying, this is peoples livelihoods we're wrecking.