Guaranteed Income And Living Wage Schemes Cannot Possibly Work https://t.co/JGGVBiFhIZ— zerohedge (@zerohedge) 19 September 2017
The kulaks will pay. Duh!
The NHS has apologized to a man left crippled after doctors failed to spot a broken neck for three years – and even told him to take up tai chi.
After a catalog of lost scans and delayed appointments, doctors finally spotted the crushed bones in his neck three years later. He then had to wait another two years before an operation on his neck but he says his life has been ruined.
If you're stuck in such a system, then you have to save up some money for private health care.
If your mandate is to address gender justice, start by hiring, nourishing and supporting women in leadership.— Farrah Khan (@farrah_khan) 15 September 2017
What the hell is "gender justice"?
Anyway: Less than 2%. That's the proportion of women in the following professions in Canada:
- Heavy-Duty Equipment Mechanics
- Truck and Bus Mechanics
- Steamfitters and Pipefitters
- Electrical Power Line Workers
- Refrigeration and A.C. Mechanics
- Plumbers, Pipefitters and Gas Fitters
- Automotive Service Technicians
Oddly enough, I've never seen feminists clamor for "gender justice" when it comes to those mentioned jobs. Hmm...maybe, women just aren't interested in those positions. Maybe, they freely choose jobs that aren't harsh, stressful, dirty or dangerous. Maybe, that's why they don't make as much money as men.
The president urged crisis-hit Venezuelans to breed rabbits and eat them as a source of animal protein.
Venezuela is facing record levels of child malnutrition amid persistent food shortages.
The Rabbit Plan is perfect in theory. Unfortunately, the horrible people in Venezuela are sabotaging the reality:
President Maduro said rabbit kittens had been handed to 15 communities as part of a pilot project by Mr Bernal.
"When he came back, to his surprise he found people had put little bows on their rabbits and were keeping them as pets, it was an early setback to Plan Rabbit."
"A lot of people gave names to the rabbits, they took them to bed," Mr Bernal said.
Next Year: Kittens and puppies are also rich in protein! Just add a little salt and pepper.
Women earn a sad 72 cents for every dollar gifted to a man.
This. Is. Utterly. Reprehensible. [Shaking muh jowls.]
Terry died of a heart attack inside her central Hamilton apartment on July 10, waiting for paramedics to save her.
No one in her family knew it then, but Terry had called for help while the city was in the midst of a "code zero" event. That's when there is only one — or even zero — ambulances across the service's entire fleet available for a call.
Now, the Terry family wants accountability, and is trying to figure out why it took almost half an hour for an ambulance to reach the 71-year-old mother and grandmother as she lay dying on her apartment floor.
Canada has different priorities today: we have to pay taxes to bring in tens of thousands of refugees! The overwhelming majority are Muslims. This means that many are inbred, illiterate, and unemployable. Millions of dollars of jizya tax money goes to them.
[Channeling the mayor or London:] A few dead 71-year-old grandmothers is a small price to pay for a future war die-versity.
Nearly half of workers are living paycheque to paycheque due to soaring spending and debt levels, a new survey by the Canadian Payroll Association suggests.
The poll found 47 per cent of respondents said it would be difficult to meet their financial obligations if their paycheque were delayed by even one week.
Canadians have been borrowing like crazy over the past decade. I know many who've bought new cars and houses on credit. These people are in their 30s and 40s with families. They make an above average income but they have almost zero savings. Yet, that doesn't stop them from burying themselves in the quagmire of debt. The amusing thing is that they don't work the whole year. They take time off and go on vacation to alleviate the stress of their crappy jobs. Then, they come back and put long miserable hours at work to pay off their vacation ...
Anyway, the Bank of Canada just increased the main interest rate today. The next few years will be painful for many debt slaves in Canada.
A prime example of advanced stupid:
bigoted capitalism = no cake for gays— uberfeminist (@uberfeminist) 31 August 2017
woke communism = gays get fair ration of 1 free slice of carrot cake per confirmed wedding guest 👍 pic.twitter.com/VbDC68vNTP
The average family pays more to the taxman than it does on food, clothing and housing, the 2017 Fraser Institute's Canadian Consumer Tax Index finds.
[...] a family earning the equivalent brings in $83,105 annually but 42.5%, or $35,283, is vacuumed up by the government taxman. And 37.4% goes to food, clothing and housing, according to the Canadian Consumer Tax Index.
With the upcoming 32% increase in minimum wage in Ontario which will push many Canadians into higher tax brackets, the government will collect a greater share of average income. I wouldn't be surprised if we hit 50% by 2030.
Despite working six days a week, Marion, 37, a single mother of two, can’t make ends meet on the $9.50 an hour she gets at Popeyes (no apostrophe – founder Al Copeland joked he was too poor to afford one). A fast food worker for 22 years, Marion has almost always had a second job. Until recently, she had been working 9am-4pm at Popeyes, without a break, then crossing town to a janitorial job at Bartle Hall, the convention center, where she would work from 5pm- to 1.30am for $11 an hour. She didn’t take breaks there either, although they were allowed.
This woman works for 7 hours a day, 6 days a week at Popeyes. Then, she worked as a janitor for, let's say, 8 hours a day, 5 days a week.
(7 * 6 * $9.5) + (8 * 5 * $11) = $839 per week
Assuming that she takes one month off in the year, she is still making $40,000 annually!
Even with those two jobs, Marion was unable to save – and when disaster struck she found it impossible to cope financially. Last month, the city condemned the house she rented – the landlord had refused to fix faulty wiring and the leaking roof – and she was made homeless.
She couldn't save for emergencies when her income was over $3,000 a month!? She is not poor because of circumstances. She is poor because of bad choices. Her income puts her in the top 1% on the global scale. She ought to be able to cover the bare necessities for herself and her two kids.
“My family is not benefiting. I’m working so hard to come home, and still I have to decide whether I am going to put food on the table or am I going to pay the light bill, or pay rent.
“It makes me feel like a peasant. In a way it’s slavery. It’s economic slavery.”
Relevant monthly numbers for my area in Canada:
- $1,100 for two-bedroom apartment (water cost included)
- $900 for food for three people
- $100 for electricity
- $50 for 50mbps DSL internet
That's $2,150 per month. That's Canadian dollars. It'll be roughly $1,800 in the US.
Again, I'm not saying that she'll be living like royalty but she should be covering basic needs. If she thinks that her situation is "slavery", then she ought to learn about countries where tens of millions of people can't crack $1,000 in a year.
The minimum wage in Ontario, Canada will be increasing by 32% in just 15 months.
A coalition of business groups opposed to the changes released a report on Monday that warned the wage hike will cost the average household $1,300 a year and put 185,000 jobs at risk. Industry association Restaurants Canada recently released a survey of its members that found 95 per cent of owners believe the wage hike will hurt them. It found 98 per cent will raise menu prices and 81 per cent will lay off staff, while more than one-quarter would close one or more locations.
Dave Bryans, CEO of the Ontario Convenience Stores Association, also notes the increase will “undoubtedly mean fewer retail jobs, particularly for students and other part-time workers,” and that owners are already burdened with high hydro prices.
Note that these are actual businesses who are telling us what they'll do. In opposition to this reality, we get bogus theory:
However, an open letter from about 40 economists, mostly from Canadian universities, says such talk is “fear-mongering” that is out of line with the latest economic research.
Really? Where exactly have we seen the consequences of a 32% hike in minimum wage?
Anyway, Ontario will soon be a case study. Let's see how many low-skill workers lose their jobs. Their wage will go to $0/hr.
Up to 185,000 jobs could be put at risk if Ontario’s Liberal government keeps its pledge to increase the minimum wage to $15.
Those are the findings of an “independent assessment” of Bill 148, the Liberal’s Fair Workplaces Better Jobs Act. The bill will hike the minimum wage — currently set to rise with inflation from $11.40 an hour to $11.60 in October, up to $14 on Jan. 1, 2018, and $15 the following year.
Progressive Conservative labour critic John Yakabuski said the Liberal government needs to conduct its own economic impact study of the new bill.
“It’ll be a tragedy if all of these 185,000 people are put out of work,” Yakabuski said in a statement. “A higher minimum wage doesn’t help if Ontarians don’t have a job to wake up to in the morning.”
It won't be surprising when these compassionate liberals dole out higher payments for employment insurance to help the poor souls who were "wronged" by their heartless employers. It's a Wynne-Wynne!
I clicked through the links to get this story:
Farmers say they're having trouble hiring enough people to work during harvest season, causing some crops to rot before they can be picked. Already, the situation has triggered losses of more than $13 million in two California counties alone, according to NBC News.
The ongoing battle about U.S. immigration policies is blamed for the shortage. The vast majority of California's farm workers are foreign born, with many coming from Mexico. However, the PEW Research Center reports more Mexicans are leaving the U.S. than coming here.
The story didn't sound right. So, I dug a bit more. That PEW Research Center report is from November 2015!
Hend Amry, a fake American, posting fake news! What has the world come to!
[...] post implied Trump was largely to blame for the lost crops because he had scared off Mexican migrant workers with his tough policies, causing the labor shortages.
Claire Wineman, the Grower-Shipper Association’s president, told us Santa Barbara County has been experiencing the same lack of workers felt by agricultural areas across California and the United States.
A labor shortage over many years is the fault of the business. Why? They are simply not offering a good enough wage. Increase the wages and the shortage will evaporate.
Oh and about that Make American Crops Rot Again:
One thing the Independent story (and therefore the LeftScoop.com post) did misrepresent was in the headline, Wineman said. The survey didn’t determine whether the crops went unharvested and rotted in the fields.
"We didn’t survey what happened, we only asked how much revenue was not realized because of a lack of workers," Wineman said. "We just don’t know that."
It's also economically nonsensical. Which farmer would refuse to pay his workers a few thousands of dollars extra only to see his $13 million of crop rot in the fields? But, of course, diligence and honesty is irrelevant when one is trying to bash Trump.
I knew a guy who ordered $300 speakers from the US because of the low price. The delivery man told him the duty fee: over $100! If he didn't pay, then he wouldn't get the speakers. So, he ponied up.
A U.S. proposal for Mexico and Canada to vastly raise the value of online purchases that can be imported duty-free from stores like Amazon.com and eBay is emerging as a flashpoint in an upcoming renegotiation of the NAFTA trade deal.
Vulnerable industries like footwear, textiles and bricks and mortar retail in Mexico and Canada are pushing back hard against the proposal by the U.S. trade representative to raise Mexican and Canadian duty-free import limits for e-commerce to the U.S. level of $800 US, from current thresholds of $50 US and $20 Canadian, respectively.
Wait, I thought that Canada and Mexico loved free trade and here it's Trump, of all people, who is pushing for reducing barriers.
When I read "Milo", I thought that Bearing got the most dangerous faggot for his video. Nope, just one smart dog.
Next, they'll be telling us that the Nazis weren't socialist.
Perhaps, Black women can get off their phenomenal asses and report the employers who expect them to work 58% more than White men for the same pay. So, what's stopping them? Are they too dumb or ignorant to realize that this horrible discrimination is illegal?
For people who wish there were more hours in the day, spending a bit of money to get rid of onerous tasks would make them much happier, but researchers say very few actually make the investment.
A study by the University of British Columbia and Harvard Business School, published Monday in the journal Proceedings of the National Academy of Sciences, has found buying time makes people happier than buying material things.
Material things can be shown off to accrue status points but here the amount of money to be spent was just $40. Even then people bought stuff instead of relaxation.
This general behavior has puzzled me. For example, I've seen many people who shop around and then buy a super-cheap laptop which they need for their work. Of course, cheap laptops are old, slow, low quality and come with a warranty that ends a few days before the laptop expires. Then, later these same people blow away thousands of dollars on a vacation that barely lasts a week.
These folks aren't poor but their spending patterns make their life, overall, miserable.
A most fundamental truth: Life is tough.
Interviewed on National Public Radio, a chancellor of the California community college system argued that since it may be too difficult for students, algebra, the single most failed course in community colleges across the country, should be eliminated from their requirements.
Just replace Algebra with Grand Theft Auto. The enrollment and passing rate should go through the roof.
Eloy Ortiz Oakley, chancellor of the California community college system says:
This is a civil rights issue, but this is also something that plagues all Americans — particularly low-income Americans. If you think about all the underemployed or unemployed Americans in this country who cannot connect to a job in this economy — which is unforgiving of those students who don't have a credential — the biggest barrier for them is this algebra requirement. It's what has kept them from achieving a credential.
So, low-IQ people have trouble passing a basic mathematics course to get a credential which is a requirement for many jobs. Solution: get rid of that course!
But, wouldn't that further devalue the worthless credential which will spur employers into looking at other qualifications of an individual to determine if he has a sufficiently high IQ for the advertised job?
A new report from the Fraser Institute reveals Toronto has the highest hydro rates across Canada, and that electricity prices in Ontario have increased twice as fast as the national average over the past decade.
According to the report, which was released on Thursday, the average Toronto residential hydro bill is $60 more per month than the national average.
Residents in Toronto pay on average $201 per month (including taxes) for hydro – that’s an increase of $77.09 over the past six years.
Also, tuition, real estate and food prices have spiked as well. Wages? Barely keeping up with inflation. And then people wonder why Millennials are not getting married and having babies.
Piers Morgan is likely too obtuse to realize it but he got his ass handed to him. It was amusing to see how Morgan repeatedly brought up anecdotal examples to "refute" averages. If you told Morgan that the average annual income in Britain is $36,000, then he'll call you dim and stupid by quoting his yearly take.
The country’s major banks are passing on the full weight of a 0.25 per cent increase from the Bank of Canada, despite the fact that on the way down consumers only received a portion of the central bank’s discounts.
When the Bank of Canada cut its interest rate down by 0.25%, the major banks in Canada cut their prime rates by only 0.15%. Yesterday, the BoC increased its rate by 0.25% and the Canadian banks increased the prime rate by 0.25%.
“It’s quite simply greed,” said Gaetano. “There is always a focus on profits and getting more money out of the pockets of Canadians. The last Bank of Canada decrease of 0.25 per cent only garnered a benefit of 0.15 per cent to Canadian borrowers. This happened the last two rate decreases.”
Wait, banks are obsessed with profits? Those bastards!
Ontario's bid to raise the minimum wage to $15 an hour -- a move that is feared by businesses but has the support of some prominent economists -- is being put to the public this week.
Considering that MPAI, the majority will approve of this measure.
Karl Wirtz, the CEO and founder of a packaging company in Brampton, Ont., said he may have to consider bankruptcy.
It can't be a lot of money out of his pocket.
The minimum wage increase will mean an extra $1 million for WG Pro-Manufacturing's 200 -- soon to be 245 -- employees, Wirtz said.
Just sell one of your Learjets, dude.
The company, which does co-packaging for foods and confectionery products, is focused on growth, Wirtz said, and as such is operating within tight margins. He hasn't budgeted for an extra million dollars a year and is locked into contracts with big customers. The only way he sees out of the pricing structure is bankruptcy.
Lars Osberg, a professional huckster economist, offer his take:
"A whole raft of new studies in the last 20 years have indicated that disemployment effect is very small...On average you could say it's small to negligible."
A dearth of marriageable men has left an “oversupply” of educated women taking desperate steps to preserve their fertility, experts say.
The first global study into egg freezing found that shortages of eligible men were the prime reason why women had attempted to take matters into their own hands.
After decades of feminism, women are screaming for:
It's funny, though, when you ask a woman about what she wants in a man:
- older than me.
- taller than me.
- richer than me.
- stronger than me.
- more educated credentialed than me.
Almost 60% of university graduates are women. How are these feminism-spouting buffoons going to find their older, taller, richer, stronger, credentialed unicorns? The more important question is: why would such majestic men be interested in these older, wrinkled, bitter, "leftover" women?
Sure, they should simply settle for less-educated men. But they won't. Because hypergamy.
This obsession with economically worthless degrees and credentials is self-inflicted misery. It's worse for women because their fertility window for healthy babies is very narrow.
Some time ago, I got an email from my sister. She was applying to some silly program at a European university. She had to answer a few questions on her application. She couldn't do it by herself. So, she wanted me to help on a few statistics problems. I basically asked her, "Don't you remember this stuff?"
"Oh, I took it a couple of years ago. I forgot. LOL."
Looks like in addition to math, economics is also hard:
The government should just print enough money to give every citizen 10 million dollars. Then everyone could be in the 1%. Poverty solved— Justin Domanski (@skibo43) 3 July 2017
The US government should print and distribute this to everyone:
Screw $10 million! Let's go full Zimbabwe, baby!
Politicians in the Netherlands are discussing the possibility of legalizing euthanasia for healthy people. The proposed “Completed Life Bill” would allow any person age 75 or over who decides their life is “complete” to receive euthanasia. It doesn’t matter if they are otherwise perfectly healthy.
Of course. The government financially rapes the hard working citizens by charging sky-high taxes and now that their tax-paying years are over ... they can just die. Let's see how long it takes before this "option" becomes a requirement. I'm sure all those new Muslims will vote for the "compassionate" solution.
An advert for a [Malaysian] beauty chain has sparked furious allegations of racism when it depicts a woman with 'blackface' as being undesirable.
Anyway, the woman in the ad cleans herself up and then says:
'I am not dark, in fact I am flawless,' she says.
If you are a white American, over the course of your lifetime the federal government will, on average and on your behalf, transfer $384,109 of your wealth and income to a single black individual.
As cities across the country pushed their minimum wages to untested heights in recent years, some economists began to ask: How high is too high?
Seattle, with its highest-in-the-country minimum wage, may have hit that limit.
In January 2016, Seattle’s minimum wage jumped from $11 an hour to $13 for large employers, the second big increase in less than a year. New research released Monday by a team of economists at the University of Washington suggests the wage hike may have come at a significant cost: The increase led to steep declines in employment for low-wage workers, and a drop in hours for those who kept their jobs. Crucially, the negative impact of lost jobs and hours more than offset the benefits of higher wages — on average, low-wage workers earned $125 per month less because of the higher wage, a small but significant decline.
So, thanks to the increase in the minimum wage in Seattle, these low-income folks just got an average $1,500 cut in their annual earnings. Note, that's the average. Some people, predictably, got fired. $11/hr is a lot better than $0.
If you've got an idea of how to make housing more affordable in Vancouver, city officials say they're all ears.
"I think we're almost at the desperation stage," said Randy Pecarski, the City of Vancouver's deputy director of planning. "People are on the verge of leaving the city because they can't find a place to stay."
The city's goal is to create the types of homes in Vancouver needed to keep people like Sabine Bruyere living here.
She was born and raised in Vancouver, lives at home with her mother and works a minimum wage job.
What's funny about this?
Canada has an area of 9.985 million km2. Vancouver? 115 km2.
Hundreds of thousands of people want to live in the 0.001% part of Canada and then they're shocked when real estate prices skyrocket! Now, this doesn't mean that people should live in the middle of nowhere, Yukon. But seriously, are you going to die of some wasting disease if you don't live in or near Vancouver?
I've seen the same madness in Ontario. I know a woman who lives in Toronto and commutes to Hamilton everyday. That's a 90-minute drive one way. This gal burns 15 hours a week just driving back and forth. She says that Toronto is awesome and she doesn't want to live in Hamilton. So, she bought a house in Toronto.
It would have been economical to live near Hamilton (close to work; save time, money and fuel!) and then enjoy the awesomeness of Toronto during the weekend. Besides, why do people want to live like sardines in a can?
Anyway, back to Vancouver fever:
"Essentially I have no real hope for the future here," she said at the housing conference. "It's wrong and I'm totally frustrated."
Such is life for a pampered millennial.
The era of having to pay cellular providers to unlock your cellphone will end this year.
As of Dec. 1, cellphone customers can ask their provider to unlock their phones free of charge, the CRTC announced Thursday. At the same time, it said, all newly purchased mobile devices must be provided to customers unlocked.
I prefer buying my phone upfront and then deciding on the monthly plan. A couple of years ago, I bought a phone from Telus. The saleswoman with resting bitch face told me that my phone is locked and that it will only work with Telus. I told her that I wanted to use a Koodo plan. She explicitly said that it won't work.
An hour later I had paid for, set up and activated my Koodo plan.
Of course, Telus, Koodo and Public Mobile are all one company. So, I knew it would work. Still, it was a amusing to see just how the cell phone service providers blatantly lie to the customers.
On Instagram, fashionista and model Ruba Zai (@hijabhills) revealed the photos from her shoot with Dolce & Gabbana. The 23-year-old vlogger was in Marrakech, Morocco and modeled in the company’s signature abayas, scarves and sunglasses and she looks absolutely stunning!
I looked at her photos and thought, "Eww, she should have been double burqa-ed." Seriously, Dolce and Gabbana, what were you guys thinking?
I guess this "proud to be a Muslim" gal was too expensive:
Aside from being a Friday on the cusp of summer, this Friday, June 9 is special because it is Tax Freedom Day, says the Vancouver-based Fraser Institute.
This is the day average Canadians officially start working to bring home the bacon to their own larders, rather than turning it over to tax collectors, according to the think-tank.
The average Canadian family (of two or more people) will earn $108,674 in income in 2017 and pay a total of $47,135 in taxes, says the Fraser Institute, based on models created from data from Statistics Canada and the Canada Revenue Agency. That translates to 43.4 per cent paid out in taxes of kinds – income, property, fuel, sales, health, carbon, sin and a range of hidden taxes. If all that tax had to be paid up front, it would leave the average Canadian family paying every dollar earned until June 8 to local, provincial and federal taxes.
Thanks to the upcoming artificial boost in income from a massive 32% increase in the minimum wage in the largest province of Canada, lots of people will be pushed into higher tax brackets.
End result? Canadians will pay a higher proportion of their income in taxes in 2019. I wouldn't be surprised if, overall, Canadians start paying 50% in taxes in the next decade. That's what happens when out-of-control spending is spun as compassionate and those who want to pay lower taxes are called heartless and greedy.
Women are under-represented in the boardrooms of corporate Canada, holding just 12 per cent of board seats at 677 TSX-listed companies analyzed by provincial regulators last year. But the disparity is larger in the medical marijuana business.
Only five per cent of the board seats at publicly traded marijuana producers are currently occupied by women, according to an analysis of data conducted by The Canadian Press.
So what? I've written this before:
Let's look at a few penis-powered professions in Canada:
- Heavy-Duty Equipment Mechanics
- Truck and Bus Mechanics
- Steamfitters and Pipefitters
- Electrical Power Line Workers
- Refrigeration and A.C. Mechanics
- Plumbers, Pipefitters and Gas Fitters
- Automotive Service Technicians
The percentage of men in all the professions listed above is at least 98%! These are catastrophically serious cases of the Insufficient Vaginas Problem. Yet, somehow life goes on. Why don't we see feminists and white knights weeping for more women in the mentioned professions?
Anyway, back to the weed:
Another challenge cited is that the pool of candidates can be limited by the stigma surrounding the industry.
"At the beginning of this, a lot of proper people who had really good resumes, male or female, wanted very little to do with the sector," said Bruce Linton, CEO of Canopy Growth Corp. (TSX:WEED).
Imagine that. Women don't want to work in an industry whose product is still technically illegal for an average person. Plus, the entire industry is young. We don't know if any given business will even exist a few years down the road.
Let's see which company goes full SJW and starts preening about its grrrl power. That'll be a big neon sign for the shorts.
Some Hydro One customers want to know why the utility has applied to raise its distribution rates when electricity prices have become unmanageable for so many Ontario residents.
If the company's recent application to the Ontario Energy Board is approved, customers could see an average increase of $2.35 per month over the next five years starting in January 2018.
"I was actually pretty stunned," said Doug Bateson.
Bateson became a Hydro One customer after moving to Greely from Ottawa four years ago. He said he can't understand why the company is applying to increase rates when the government is handing out subsidies to help manage electricity costs.
It's amazing how businesses react to subsidies and higher minimum wages ... prices go up even more!
Look at universities in the US. They get a lot of cash from the government. Yet, nothing has increased in price like the rise in tuition costs for students in the last three decades.
"Why do we pay what we pay?" he said. "We constantly seem to be having to pay more and more money for it and no one seems to be able to give a real clear, concise — and I would say believable — explanation as to why."
Philippe Couillard says he will be watching closely to see how Ontario's commitment to raise the minimum wage to $15 an hour affects the economy in that province, but steered clear of committing to a similar raise here.
"We are always interested in what our neighbours are doing in a variety of public policies. We want to stay in touch. After all, we share the same economic space," Quebec's premier said Tuesday.
"We will see what impact it will have in Ontario — especially in areas like food services."
Clever Couillard is a Liberal. He's not going to adopt Ontario's dumb minimum wage policy. He's also not going to bad mouth it. He knows Quebec is going to be relatively attractive to small firms after the shock of higher minimum wages and soaring electricity prices in Ontario. He gains by doing nothing!
An election is coming! Let's throw a bone to the young, ignorant millennials:
Ontario Premier Kathleen Wynne has announced a plan to increase the provincial minimum wage to $15 an hour by Jan. 1, 2019.
The increase would be phased in over the next 18 months, rising to $14 an hour on Jan. 1, 2018, and then to $15 the following January.
In just 18 months, the minimum wage in Ontario will jump from $11.40 per hour to $15 per hour. That's a staggering 31.6% increase.
Businesses that employ low-wage workers will try a combination of the following to stay afloat:
- Increase prices of their products.
- Decrease total number of hours for their employees.
- Fire a few workers. Can you spell A-U-T-O-M-A-T-I-O-N?
The insidious thing about such a spike in the minimum wage is that most workers will get more money in their pockets but the few (hundreds?, thousands?) who lose their jobs will be at $0 per hour.
Plus, many firms in Canada and abroad are going to think twice before opening shop in Ontario.
THE British Airways IT crash was caused because inexperienced staff in India didn’t know how to kick-start the airline’s back-up system, sources have claimed.
A second source close to Britain's national carrier told The Sun: "BA have had six major IT failures in 12 months, 12 months since outsourcing their IT.
"That's appalling. No major company should be in a position where 300,000 of its customers were stranded, with little to no information.
"A whole terminal having to be evacuated after most had checked in and then sent home without bags, staff stranded and being bused hours to hotels for the night."
What was British Airways thinking when they were outsourcing their IT to another continent? I'm sure they "saved" a lot of money.
Canadian house prices continue to march higher, with the average price of one sold in April hitting $559,317 — an increase of more than 10 per cent in a year.
Outside Toronto and Vancouver, Canada's housing market is much more stable. Stripping those two cities out of the equation, the national average price drops by more than $150,000 to just over $400,000 in April.
An average house price of $400,000 outside Toronto and Vancouver is still insane in a country where the average annual income is $50,000. Recently, I looked at house prices in Ontario and then in New England. Even with the unflattering exchange rate, many houses were 50% cheaper in the US!
Ontario taxpayers got Canada Goosed.
The Ontario Ministry of Children and Youth Services spent $53,948 buying staff at youth correctional facilities luxury brand Canada Goose parkas to keep them warm on the job.
The price for these parkas?
While the ministry is not releasing the cost of each coat, they can easily retail for $1,000 per parka or more.
I bought my winter jacket ten years ago. It's insulation is so fantastic that it makes me sweat even when the temperature drops below -20 deg. C. It cost me $200. I have paid taxes, so that such despicable SOBs could spend a $1,000 on their luxury-brand parkas -- while the government debt is exploding.
This is going to end well.
Lawyers arguing the Ontario Securities Commission’s case against Home Capital Group Inc. pushed to expedite the potentially-lengthy proceedings at an opening hearing Thursday.
Since the OSC allegations were announced, the company, which is Canada’s largest alternative mortgage lender, has seen investor confidence erode and a partial run on its funding, with clients pulling money out of high interest savings accounts with Home Capital’s subsidiary, Home Trust.
The balances of these accounts — which have fallen from $1.4 billion on April 24 to $391 million on May 1 — help Home Capital fund mortgage lending, primarily to those who do not qualify for loans at traditional banks.
Shares of Home Capital were closed at $6.01 in Toronto on Thursday, down more than 72 per cent since April 19.
Ouch! The shares went down to just under $6 last week and then spiked by 35% in one day. There must be a few happy day traders out there. Though, long run appears bleak for HCG. Let's see how this impacts the broader market.
As women, especially White women who agitate most loudly for the feminist dystopia, have abandoned their prime directive — birthing the next generation — they have continued to receive largesse from the State. This is unsustainable on both genetic and economic levels. If women turn away from their natural function but continue to receive the State privileges that come attached to an assumption of fertility and child-raising, what we’ll have is an institutionalized system that privatizes profits (female coddling) and socializes costs (mass immigration to provide an ever-exapanding base of consumers for the technoborg).
Yup. What's truly profound is that immigration only kicks the can down the road. You see, most immigrants soon align their birth rates with the host population. Solution? More immigration!
That's what Canada has been doing for over thirty years. After all that, the overall Canadian birth rate is still woefully below replacement level. Today, how can a sane, average Canadian couple afford to start a family when the average house goes for over half a million dollars!?
The Ponzi-scheme-style system will have to be radically changed or eventually it will collapse.
For the first time, seniors outnumber children in Canada, as the population experienced its greatest increase in the proportion of older people since Confederation, according to the latest census data.
The raw numbers:
There are now 5.9 million Canadian seniors, compared to 5.8 million Canadians 14 and under.
"As people get older, they need more health care, more home care, and that puts increasing demands on government spending," says Dr. Frances Woolley, economics professor at Carleton University in Ottawa. "There are big challenges for the government coming on the fiscal side."
Not to worry Canadians. The imported, super-productive, not-at-all inbred, uber-tolerant Muslims are going to generously let old infidel Canadians die pay for all the high taxes through some quality hard work.
On May 1, the minimum wage in Quebec rises by 50 cents to $11.25 an hour – still less than the minimum wage in Ontario and Alberta, but more than the wage in the Atlantic provinces and B.C.
Representing an extra $20 a week for full-time workers – or $1,040 per year – it might pay for a month's rent or a new fridge by Christmas.
"Working full-time for minimum wage means ... being stuck in poverty and having to count on food banks to make ends meet," said Virginie Larivière, a spokesperson for the 5-10-15 campaign, which calls for workers to know their work schedule at least five days in advance, get 10 days paid leave for sickness or family responsibilities, and a $15 an hour minimum wage.
($11.25 per hour) x (40 hours per week) x (50 weeks) = $22,500 per year. That's right. Making almost $2,000 per month in Canada is called "stuck in poverty".
I've lived here for almost two decades. The average monthly spending for my necessities is approximately $1,000. If I was working full-time at a minimum wage job, then I could save about half my earnings and still be classified as poor by these clowns.
"Poverty" in such cases isn't a wage issue; it's a spending problem. If you must have the latest iPhone, the newest Kate Spade handbag, the best Canada Goose jacket or the flashiest 4K OLED OMG TV, then you're an idiot. If after buying all those mentioned products, you're getting your nutrition from a food bank, then you're a bigger idiot.
No longer is poverty the lack of necessities but the lack of a personal, near-luxury lifestyle.
Financially stretched house-hunters competing for the Toronto region’s limited supply of housing won’t wake up this weekend to a drop in home prices or bidding wars thanks to Premier Kathleen Wynne’s 16-point Fair Housing Plan.
One of those lovely points is rent control which has never solved the problem of expensive houses and apartments but this time it'll be different!
“We’ve got 80,000 people a year moving into the city. We should have 30,000 new rental units a year coming on stream. Right now, and, over the last few years, the average has been 1,500,” said Jan De Silva of the Board of Trade.
Realtors and business experts say it will likely take months, maybe longer, before it’s clear whether the development charge breaks and other incentives Queen’s Park is dangling before developers of rental buildings will be enough to counteract the discouraging effects of extending rent control.
This is a major supply problem. Still, the top politician of the province just put policy in place which discourages new development of buildings. Why would someone invest millions of dollars in making rental properties today with uncertain future taxes and other costs but perpetually fixed low prices?
Worse such a policy leads to low-quality rentals and blatant discrimination. Landlords are not fond of pouring money into their houses or apartment when their revenue increase doesn't even cover inflation. A simple example of discrimination: I looked at a rental apartment and one of the requirements for applying for a lease was: you must have worked in Ontario for five consecutive years! Bye bye students, recent immigrants and rapefugees refugees. Furthermore, many people will continue to discriminate on the basis of sex (prefer females), race (Chinese) and age (25 minimum). That's the price for cheap rentals.
Air Canada has apologized to a Prince Edward Island family after the airline bumped a 10-year-old boy from a flight.
A day before their March break vacation, Doyle said he tried to check in his family online, but he could not select a seat for his son.
Yup, a family of four paid for their tickets and Air Canada simply "bumped" a 10-year-old kid from the flight in advance without even bothering to notify the family!
A legion in North Bay, Ontario has had to sell its building because the hydro bill has gotten too high. With a bill coming in at $48,000 per year, North Bay Legion Branch 23 simply can’t make ends meet.
The average person doesn't know that, often, electricity bills aren't mostly based on mere electricity usage.
The bulk of most Ontarians’ hydro bills is in delivery charge, global adjustment fee, and other levies not directly connected to usage. All have contributed to hydro costs doubling in less than a decade, even while Ontario sells off excess hydro—at a loss, no less—to other jurisdictions.
A few weeks ago, there was a story of a woman who runs a business in Ontario. Her electricity usage cost was $5,000 but her total bill was $42,000!
“Milman Industries is a prime example of how the Wynne government’s failed energy policies are hurting Ontario businesses. Their recent hydro bill was nearly $42,000, yet only $1,200 was for actual electricity. The bulk was for the Global Adjustment fee, which is simply to pay for pricey energy contracts signed by this incompetent Liberal government,” said Fedeli.
The Ontario Liberals will get a severe beating in the next election.
“The fears policymakers had in 1917 when the personal income tax was introduced — that governments would become dependent on it and that it would hurt our competitiveness — have all come true 100 years later,” said William Watson, Fraser Institute senior fellow and co-editor of The History and Development of Canada’s Personal Income Tax: Zero to 50 in 100 Years.Released Thursday – and ahead of Canada’s April 30 tax deadline – the collection of essays also compares Canada and the United States, where 42 of the country’s 50 states have a lower combined federal-state top rate than British Columbia, the province with the lowest combined rate.
That low combined rate is 47.7% in BC. Here in Ontario, the combined top rate is 53.5%.
It's amazing how quickly the financial situation in Ontario has deteriorated in just the past two years. A few examples:
- Income tax rates have increased.
- The electricity rates have skyrocketed -- especially in rural parts.
- The real estate market is out of control. In my area, prices have jumped by 33% in one year!
- The TFSA annual limit of $10,000 was reduced to $5,500. For comparison, in the UK, the annual limit for an ISA account is a staggering $33,500! Imagine the ability to save and invest all that money (every year!) without worrying about the capital gains tax.
Of course, the Liberals are in power at both the provincial and federal level. So, all this isn't a surprise.