Hey this seems pretty ridiculous, but also the article only presents one side of the story so maybe it’s not as absurd as it seems.

Headline and article mischaracterize the report’s findings.

The country added nearly 1.3 million people last year — a 3.2 per cent increase — while the economy grew by just 1.1 per cent in the same time period. That means more people taking slices out of an economic pie that hasn’t grown much bigger.

Right, but if we’re talking about GDP per capita growth, we should probably subtract retirees from the population number, and not count new residents that don’t have the right to work. Also, one year data is probably not very valuable because I think the we’re only just now reaching a post-pandemic equilibrium in terms of retirement/ migration flows. Probably a lot better to look at 10 year numbers.

The news isn’t all bad. Data shows real weekly earnings — a person’s take home pay — has actually increased in Canada, even when accounting for inflation. The household savings rate is also up.

So it’s not that we’re getting poorer, it’s that we’re not getting richer as quickly?

This is toxic ‘keeping up with the Joneses’.

We should focus on equity and sustainability, not growth for growth’s sake.

I’ve never heard anyone with first hand experience complain about living in North Korea. They literally can’t complain.

I agree that the government should govern not politick, but isn’t it a bit naive to think you can make lasting change without politicking?

I wonder if it’s useful to look at “governing”, and “politicking” as either end of a spectrum with “leading” as the sweet spot.

Just my two cents though.

It’s because of the rail labour dispute. The NDP can’t/won’t be party to cutting down unions.

Isn’t BYD the world’s #1 or #2 battery company?

They ought to respect consumer protections and warranty laws but I don’t think dismissal of their batteries outright makes sense.

I would worry about it yeah. Also nobody buys a pint of haagen daas with the money they need to survive, and it will be obvious to them that it’s been melted and refrozen.

Ice cream is better imo because you’re less likely to kill somebody

I think you deleted a sentence or something. Your 5% number is to do with the opportunity cost? So you’re saying that the project cost Vancouver 5% of 31.8M ie 1.6M. That makes sense.

I think comparing it to the cost of a single duplex is a good way to provide context.

But the city didn’t buy the units, they only catalyzed their construction. So it’s not a perfect analogy.

Another short coming of your analysis is that the estimated cost of the loan is ignoring the risk of default. What if the contractor spends the money, but fails to complete the project? Or builds it but cuts a bunch of corners and gets sued into bankruptcy?

The risk of that is the real cost of the project. But overall I like your analysis, thanks for bringing it up.

Dead Harambe timeline

MAID accounts 4.1% of deaths and, if current trends continue, will grow by 35% per year! That means that in two years 79.1% of Canadians will be Murdered by Trudeau’s health care!!!

-idiots

Idon’t think that’s a warship (although I do concede it’s gathering intel) and it’s a 1500km boat ride away from Canada’s territorial waters.

1500km is about twice the length of Canada’s pacific coast (Southern tip of Vancouver Island, to Northern tip of Haida Gwaii)

My view is that the condition of the arctic ice cap is of global interest, but China’s claim to be an arctic nation is total garbage.

Canada probably should take steps to further assert sovereignty over its arctic archipelago (and the associated searoute), but I still feel that the comment I was responding to was spreading alarmist junk.

Could you give an example of a Chinese warship entering Canadian waters?

It seems that there is a lot of moving parts to this story and the article reports some eventsand quotes but doesn’t really string them together coherently. The Liberal MP that’s accused of trying to shift the discussion to abortion rights had some procedural complaints about the way the Conservative meeting chair set up the meeting, and argued that they were changing the topic away from abortion. Is there any merit to that complaint? It’s the sort of thing an article needs to address.

Here’s the report that the article is based on.

I’m not an economist but it’s the internet so I’m not going to let that stop me from telling you what I think.

The graph that shows the year over year variation of real capital per capita shows growth every year except for 2022 and 2023 (flat, and negative respectively).

That’s the news. For the first time since 1960 (where the graph begins) Canada has less capital per person at the end of the year than at the beginning.

They talk about population growth and immigration. (Births & immigration minus deaths & emigration) and capital:labor ratios, but they don’t talk about retirements.

These economists are complaining that boomers are retiring but not dying. (Population up productivity down).

Am I too dense to recognize that everyone is intentionally not saying:

Massive squirt from sloppy pussy (furry)