The metrics of envy

By the end of the first three working days of the year, the U.K.’s top bosses will each have earned on average as much as a typical worker will take home in all of 2018, according to a report.

While the difference in compensation appears stark, it narrowed slightly compared with the previous year, the High Pay Centre and the Chartered Institute of Personnel and Development said on Thursday. The so-called “Fat Cat” study by the groups comes amid growing investor and political unease in the U.K. about high CEO pay.

Most people really don't comprehend how much wealth the top CEOs have. Their salary is only a small part of the picture. An extreme example: Bill Gates made $500 a second in 1999 because of the explosive stock market.

The latest calculations were based on an earlier finding by the groups that earnings for CEOs in the U.K.’s benchmark FTSE 100 dropped by a fifth in 2016 to 4.5 million pounds ($5.4 million) annually and another showing a CEO-to-worker pay ratio of 120 to 1.

The average number of employees was 44,000 in the FTSE 100 firms at the turn of the century. I doubt that number is lower today. Let's say that a benevolent CEO in the UK decided to donate his entire yearly salary of $5.4 million to his employees. As a result, the average worker would get a grand total of ... $122. Assuming that employees take one month off, then that amounts to a temporary one-year raise of $0.06 per hour.

This is what the media cries about and people lap it up.


Elusive minimum wage nirvana

Employees at an Ontario Tim Hortons owned by the children of the chain's founders say they have been told to sign a document acknowledging they are losing paid breaks, paid benefits, and other incentives as a result of the province's minimum wage hike.

They should be happy that their employer rejigged the finances to keep them employed. Look around and you'll see a business that has given up and all its workers making the true minimum: $0 per hour.

Besides losing paid breaks, the document states workers with more than five years of service will have to pay 50 per cent of the cost of benefits, and employees with between six months and five years service will have to pay 75 per cent.

Here, a worker showcases his utter ignorance of economics:

"The benefits are what kept me there. Now you are going to make me pay that."

"I don't understand why you can take it away. Sounds like you are penalizing your staff because the government is trying to help your staff," they said.

The government is benevolent and the employer is the monster. The government is forcing employers to increase their wages by 32% in 15 months. Pray tell, where is this mythical forest where money falls from the trees?

Another employee said that with unpaid breaks and having to pay 50 per cent of the cost of benefits, their biweekly paycheque will actually be $51 dollars lower than it was before the minimum wage hike.

"I've worked for the company for a very long time, and I was very upset. I wasn't marching down the street asking for this pay raise. Now I'm worse off," they said.

True.

"People are talking about boycotting their stores, and saying 'I'll go to another [Tim Hortons], but I won't go to that one,'" said Pickersgill.

(Laughs.) That's how you get higher wages! Refuse to buy the products!


Time is money

CBC has picked up the story:

The Royal Bank of Canada says it is working to resolve an ongoing issue that has seen its customers unable to access online banking and self-directed investing brokerage accounts on Wednesday.

"Some clients are experiencing delays when attempting to log on to our Online Banking and RBC Direct Investing platforms due to heavy trading volumes," RBC spokesperson A.J. Goodman told CBC News in response to an emailed inquiry.

RBC makes nearly $1 billion in profit every month.


TD trouble

I couldn't log in to my bank account last Friday. There's always a huge surge in account activity and trading on the first business day of the year. Many Canadians are filling up their TFSAs and buying securities. So, I decided to check my account after the market closed yesterday. Nope. Didn't work.

Apparently, many people had issues:

Some Toronto-Dominion Bank customers are having problems using its WebBroker internet brokerage service and taking to social media with their complaints.

Several Twitter and Facebook users are complaining about problems logging into or using TD's WebBroker website since Friday, and complaints about the bank logged on canadianoutages.com on Tuesday began to climb at around 9:30 a.m.

More:

TD WebBroker user Adam Kauppi said he started having problems using the service on Friday and called the bank for assistance, but hung up after waiting for two hours on hold.

He didn't ... HOLD! It's odd that other banks didn't have any problems with their servers. Has TD Bank been cheap with their IT infrastructure? It appears that they didn't scale well.

Update
Ten minutes later: I read that many people have trouble accessing RBC Direct Investing.

Seriously, RBC and TD are the two biggest banks in Canada. They make billions of dollars in profits every year but their websites can't handle a spike in traffic?

The smaller players -- ScotiaBank, BMO, CIBC -- should be smart enough to use this to increase their customer base.


The hidden misery of the minimum wage

From Dec. 31, 2017:

Ontario's new $14 per hour minimum wage does not take effect until Jan. 1, but Chris Stevens has already taken steps to ensure his restaurant can afford the added expense.

The co-owner of Kaboom Chicken in Toronto's Leslieville neighbourhood has raised menu prices in anticipation of the wage hike. He and his business partner also plan to reduce their staff's hours in the new year and take on more of the work themselves in order to save money.

More:

Dan Rishworth's Toronto bicycle shop, Enduro Sport, employs seven permanent, full-time staff members and hires several young people as seasonal workers each summer when business picks up. The minimum wage increase could result in the store hiring fewer summer workers from now on, Rishworth said.

"I think at this point we're not going to hire six summer people any longer, we're going to hire only three or four," he said.

The government knows about the probable job losses:

The Financial Accountability Office of Ontario -- an independent watchdog agency that reports to the provincial legislature -- has estimated that the minimum wage hikes could result in a loss of 50,000 jobs as employers struggle to keep up with staffing costs.

Yet, over 50 economists in Canada said:

"For years, we have heard that raising the minimum wage will kill jobs, raise prices and cause businesses to flee Ontario. This is fear-mongering that is out of line with the latest economic research."

Of course, raising the minimum wage by $4 won't kill all jobs or cause all businesses to flee. The reality is that many firms will reduce the number of hours for their employees, fire some people or hire fewer workers in the near-future. The stories of those mentioned businesses attest to that.

We should see more of this in the next couple of years with "the latest economic research".


You're fired!

Most people never think through their proposals.

Another way of stating this policy: If you fire every employee who is on public assistance, then you'll get a big, fat, juicy tax cut!

Leftists are the worst enemies of the poor.


Greedy pigs are greedy

The proper response:

1.4%?! It should be at least 50%. I do think at a certain point you've made enough money.


Armageddon

All these filthy, greedy, privileged billionaires are getting to keep more of their ill-earned wealth. This is absolutely [shakes jowls] disgusting and outrageous!

Shame on you, Republicans!


The End of America

What has the God Emperor done.

If this destructive misery continues apace, I'm not sure there will be a single American still alive by the end of the holiday season.  You've heard the terrible newsabout Boeing, Fifth Third Comcast, Wells Fargo, AT&T -- all of which are celebrating passage of the tax reform bill by some combination of paying out bonuses to non-executive employees, expanding their businesses, stepping up charitable investments, and raising their hourly wage.  The Washington Post also chronicles CVS' pledge to hire 3,000 workers into permanent new jobs.  But the devastation doesn't end there.

Literally shaking!


Lefties got nothing

Mark Tapscott:

Shortly after Congress approved the largest tax cut in American history and the most significant reform of the tax code since, 1986, Schumer lamented that “now we know they are popping champagne down Pennsylvania Avenue. There are only two places where America’s popping champagne: The White House and the corporate board rooms, including Trump Tower.”

More:

Then there’s this piquant observation from Lifezette’s Brendan Kirby, who points out that: “Even as prominent Democrats such as Senate Minority Leader Chuck Schumer (D-N.Y.) and Sens. Sheldon Whitehouse (D-R.I.) and Richard Durbin (D-Ill.) trashed the idea, their extremely blue home states have been cutting corporate tax rates.

The corporate tax rate should be 0%. Any positive tax rate on corporations cuts into, among many things, the wages of workers. The average person might feel better with a high corporate tax rate but it just means that fewer money is left over for salary increases in the future.

So, we should see higher wages in the near-future with this specific tax cut.


MAGA by the numbers

Another way to look at it:

Dow Jones Industrial Average close on Nov. 7, 2014: 17,573.93

Dow Jones Industrial Average close on Election Day in 2016: 18,332.74

Dow Jones Industrial Average close today: 24,754.75

In the two-year period before Trump was elected, the Obama Dow Jones went up a niggardly 3.9%. Since the election, the Trump Dow Jones has increased by 35%.


Bashing the rich

There were quite a few teachers in Canada who diligently contributed to their retirement plans during their work years. The compounding over decades made them millionaires. They were rich! Did they start off as virtuous and become eeevil as they aged?

It's easy, lazy, and cathartic to see "the rich" as inherently immoral. Too many people are spectacularly mediocre at their low-level jobs. Instead of admitting this harsh reality, they blame the filthy rich for gaming the system. Who are the wealthy? Doctors, engineers, lawyers, computer architects, genetic freaks turned phenomenal athletes, lucky actors who made it big, etc. Calling this entire group as unethical or wicked merely showcases the envy of the accuser.


Totally Dumb Bank

UPS lost a bank draft containing a Canadian family's $846,000 inheritance, and then initially tried making things right by offering to refund a mere $32 shipping fee.

The drama began in February, when, Louis Paul Herbert told CBC, his family was going over his father’s will and dividing money between family members. Herbert said he went to a UPS store near Cornwall, Ontario, to pick up a package his sister, Lorette Taylor, had sent him containing a bank check with his part of the fortune.

More:

Taylor said she sent the check from TD Bank through UPS so her brother would not have to travel 270 miles to pick it up. Taylor said the bank guaranteed the draft would get to Herbert safely, a vow that helped convince her to use UPS’ services. TD also pledged to Taylor and her husband, John, it would replace the money if the draft got lost.

Never trust a bankster.

But, seriously, who wouldn't happily travel 434 kilometers to get $846,000? This brother could have set a weekend aside, visited his sibling, and then become financially independent. Instead, he had to fight for months to get his money.


Race and intelligence

Highly educated, high-IQ, and extremely motivated members of many races come to America and make significantly more money than the average White person. The free market doesn't care about your race. It rewards the utilization of intelligence.

A majority of Blacks aren't going to confront this harsh reality. It's convenient, easy, and lazy to keep on blaming the KKK, Nazi, evil America for their continued failures.


Equality doesn't exist

Imagine, you had a business. At what level of wealth would you stop working, retire, and enjoy a life of luxury? $1 million? $10 million? $100 million? $1 billion? $10 billion?

I would bet that an overwhelming majority would call it a day at $10 million. Few men would continue beyond that point. Almost zero women would. That's why all these ultra billionaires -- Bezos, Zuckerberg, Musk -- are all men. For this reason alone, you'll never have income or wage parity between the sexes in a market system.


The Weed King

Canopy Growth Corp is a Canadian cannabis producer, the biggest one in fact, which has been on a rampage of acquiring other Canadian licensed producers and cannabis businesses over the course of this year.

Their stock has went crazy this year, and there are solid reasons for that type of behavior.

The stock price was $3 about two years ago. Today, it closed at $18 on the TSX.

Canopy Growth Corporation has talent, money, and hype. The hard part comes in 2018. Can they grow and deliver marijuana to millions of new customers? Will they continue to be the #1 weed company on Earth?

In Q3 of 2017, their revenue was $191,000 per day. Let's see how quickly they can make that into an average of $1 million per day. It would be mighty impressive if they manage it by Q4 of 2018.

Revenue and market share matter right now. Profit can wait a few quarters.


Progressive lies

Any tax cut will allow higher-income folks to keep more of their dollars. This is spun as "taking from the poor and giving to the rich". It's a disgusting appeal to envy.

The fact that the rich will continue to pay more both proportionally and absolutely is simply ignored by the Left.


Expensive enrichment

That 32% increase in minimum wage is going to make this worse in the coming years:

The average monthly rent for a two-bedroom apartment in Canada last month was $989, a rise of 2.7 per cent in the past 12 months.

The Canada Mortgage and Housing Corporation said in its annual report Tuesday that rents increased by twice the inflation rate this year, as booming demand for rental units pushed up prices, despite more of them being built.

Only 2.7%. Just wait till one million rapefugees angelic, colored migrants are allowed into Canada in the next three years. Thanks Trudeau!

Anyway, rent increases will be the least of Canada's problems.


The destruction of Canada

James Bissett, the former head of Canada’s immigration service, writes:

Canada’s current immigration policy is based on myths. All of our political parties, most of the news media, big business interests, the banks and land developers favour large-scale immigration and justify this on the grounds that immigration helps our economy, strengthens the labour force and alleviates our aging problem.

They're low IQ voters. Liberals love them. They're cheap workers who lower wages. Businesses love them.

The 1985 MacDonald Royal Commission Report concluded that immigration did not contribute to economic growth and, in fact, caused a decline in per capita income and real wages.

Yup. More labor = lower wages.

I was a part-time math tutor ten years ago. My wage was $15 per hour. I found out that the same institution had hired a new math tutor about four years ago. Her wage? $12 per hour. She had a degree in mathematics from a Canadian university!

A more recent study by Prof. Herbert Grubel of Simon Fraser University and economist Patrick Grady found that in the year 2002 alone, the costs in services and benefits received by the 2.5 million immigrants between 1990 and 2002 exceeded the taxes paid by these immigrants by $23 billion. It is not surprising that this study has received little media coverage in Canada.

Shut up, you xenophobe! Diversity is strength!


Fewer Whites, please

Canadian business leaders need to take "courageous" actions to make sure their companies are more diverse and inclusive in order to remain competitive amid demographic and technological changes in the workplace, according to a new report released Wednesday.

Diversity = Don't hire White people.

After decades of progress, the country has been stuck in neutral, struggling to advance traditionally under-represented groups such as women, visible minorities, those with disabilities and indigenous people, especially to the most senior levels of organizations, it said.

Here's the amusing part:

"We see inclusion as not only something that is critical for the individual... but it's actually the smart thing to do for business," Vettese said.

It's never explained how hiring more vaginas, coloreds, and disabled people is somehow the smart thing to do for businesses.

Deloitte said a 2016 survey of 1,300 business leaders linked superior financial performance with retaining employees of different backgrounds, skillsets and mindsets.

Here comes the funny part:

Only 11 per cent of Canadian companies could be considered courageous and Deloitte is not among them, although it outlined efforts taken to improve its ranking.

(Laughs.) The company that did the survey about the joys of diversity is itself not diverse.


Ravenous Leviathan

In the socialist province of Ontario, the top marginal income tax rate is 54%. Add in sales tax and property tax and soon those evil fat cat engineers and doctors are paying close to two thirds of their income to government. How else can the state pay for all the rapefugees?


Mediocrity and Envy

Vox Day:

White men are more productive on average. This isn't news to anyone who actually works in the labor force or is familiar with national productivity statistics. The good news is that at least it isn't racist. White women are less productive too.

No wonder the less productive women and colored people vote for the WE'LL GIVE YOU FREE SHIT AND WHITES ARE THE WORST! political party. If you don't have the balls or the brains to succeed, then might as well bring down the White man!


The government is not your friend

How the state treats the average person:

A couple of cities in the California desert have found a novel and remarkably cruel way to make money—force citizens to pay for the privilege of being prosecuted by the attorneys contracting with these cities.

One example of the government viciousness:

In Coachella, a man was fined $900 for expanding his living room without getting a permit. He paid his fine. Then more than a year later he got a bill in the mail from Silver & Wright for $26,000. They told him that he had to pay the cost of prosecuting him, and if he didn't, they could put a lien on his house and the city could sell it against his will. When he appealed the bill they charged him even more for the cost of defending against the appeal. The bill went from $26,000 to $31,000.

All this in a country where the media is free to expose this injustice and still these goons go ahead with their open theft.

It's astonishing to me that tens of millions of people in America want the same sorts of people in government to a) disarm the populace, and b) be in charge of health care for all. How can any sane individual trust these thugs for their total safety and health?


The monster arrives in 2020

When it comes to making a beast of an automobile nothing touches the acceleration of an all-out electric car.

That would make it the fastest street-legal car on Earth.

I've read that the range should be around 900 km!?! The starting price will be US$200,000. Why!? With those astonishing specs, Musk ought to have the base price at $500,000. He'll still sell out all of them. That Tesla roadster will be king when it's beating every Ferrari, Porsche, and Lamborghini. It should be priced higher.


The terrible I. V. Problem

Machin wants to solve the Insufficient Vaginas Problem on corporate boards in Canada:

Canada’s largest retirement fund manager is pushing to have more women on corporate boards because diversity makes for better business decisions, CPPIB chief executive Mark Machin said Friday.

“This is a high priority for us,” Machin said in an interview after Canada Pension Plan Investment Board released its second-quarter financial report.

The SJW keeps on vomiting:

“We think that diversity leads to better decision-making and I think there’s a growing body of academic and practical evidence that leads to that (conclusion).”

As a result, CPPIB — which manages more than $325 billion for the Canada Pension Plan — voted 34 times this year against specific directors who chaired board’s nomination committees that failed to include women as candidates.

Strangely, this diversity agenda never seems to reach the dangerous jobs in Canada where males are often over 98% of the workforce:

  1. Heavy-Duty Equipment Mechanics
  2. Bricklayers
  3. Truck and Bus Mechanics
  4. Steamfitters and Pipefitters
  5. Electrical Power Line Workers
  6. Refrigeration and A.C. Mechanics
  7. Plumbers, Pipefitters and Gas Fitters
  8. Automotive Service Technicians
  9. Electricians

Surely, the above mentioned jobs could also do with more vaginas! "better decision-making".


Profits through complexity

This CBC article tries very hard to paint Nike in a bad light:

Nike's tax planning over the years exemplifies how adept multinationals can be at staying ahead of the game. By building cross-border structures of interconnected companies that trade with one another, global businesses are often able to find ways of unlocking tax savings that no lawmaker intended them to receive.

The blame lies with government bureaucracies which have churned out millions of pages worth of tax regulations.

Governments have Presented with questions about this tax arrangement, Nike responded only with this statement: "Nike fully complies with tax regulations."

Nike has simply minimized their tax burden in a legal manner. One can say that they're taking advantage of loopholes. Sure. Again, that's a problem that only the tax authorities can fix. Simplify the tax code. Adding more rules means that diligent lawyers will figure out additional ways of legally paying low taxes.


Stay away, thief!

Because money that has been taxed before should not be taxed again just because someone happens to die. The inheritance amount is irrelevant. $1,000 or $1,000 trillion; makes no difference.


Misguided Millennials

Donald Trump Jr. was right: It’s never too early to start teaching your kids about socialism. At least that’s what a survey published Thursday by the Victims of Communism Memorial Foundation appears to suggest.

The problem:

Because for the first time in the study’s history, the VCMF said a majority of millennials prefer socialism to capitalism.

Well, it is easier to steal money than to earn it. The part that most of the Millennials don't comprehend: eventually you run out of other people's money.


Higher wages and more tips

Sonia Neacsu started noticing a trend while dining out in Toronto: The expected tip at restaurants was often 18 per cent, up from the 15 per cent of years past.

"The expectation that that's a minimum is a little bit silly," she said. "Not all service is equal."

She's not the only restaurant-goer who has noticed the uptick. From food bloggers to casual diners, Toronto residents are buzzing about the trend towards bigger tips.

From October 1, 2017 to January 1, 2019, the minimum wage in Ontario will increase by roughly 32%. It's going from $11.4 to $15. Yet, even after this insane jump, restaurants expect customers to pay 18-20% in tips!

So, in just a few years:

  • electricity prices have surged.
  • thanks to the minimum wage hike, restaurants costs will skyrocket which will result in increased prices.
  • in addition to higher menu prices, customers are "told" to pay more in tips.

That's how you get fewer customers.


Insufficient Vaginas Problem

The horrible, terrible, no-good problem of "not enough" vaginas:

A new report says just five per cent of Canadian technology companies have a female founder and a similar fraction have a woman as CEO, figures which suggest the industry's gender diversity is lagging other sectors.

The study, co-authored by PwC, the MaRS Discovery district and non-profit MoveTheDial, also showed that women comprise 13 per cent of the average Canadian tech company's executive team while 53 per cent of firms do not have any female executives.

So?

The chair of the Ontario Securities Commission, Maureen Jensen, said last week that it might be time to strengthen its measures to get more women on boards after little progress. The OSC does not have the authority to impose a specific target or quota for gender diversity, but she said the regulator is looking at options such as requiring companies to set a target and disclose progress meeting it.

So, the government vagina can't set a quota for vaginas but she'll require the companies to set such a quota and then monitor the "progress". Surely, this will help the companies and the culture within them as people are hired on the basis of zero testicles.

Also, perhaps, the government can take a look at the following professions in Canada in which vaginas are under 2% of the workforce:

  1. Heavy-Duty Equipment Mechanics
  2. Bricklayers
  3. Truck and Bus Mechanics
  4. Steamfitters and Pipefitters
  5. Electrical Power Line Workers
  6. Refrigeration and A.C. Mechanics
  7. Plumbers, Pipefitters and Gas Fitters
  8. Automotive Service Technicians
  9. Electricians

Oddly enough, I've never seen feminists clamor for "gender diversity" 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 Weed King II

When Canopy Growth Corp. started trading in 2014, its entire market cap was under $100 million. Today, it's over $2 billion. It'll likely never go below that level thanks to Constellation Brands:

Corona beer maker, Constellation Brands, has acquired a 9.9% strategic equity holding in Canopy Growth. This news not only caused WEED’s shares to soar higher by 19% today, it was largely responsible for taking the S&P/TSX Composite over the 16,000 threshold for the first time.

About two years ago, WEED was trading for $2 per share. Now, it goes up by $2.30 in a single day of trading. The longs who persisted had a magnificent day.

Canopy Growth Corp. has over a quarter billion dollars in cash. The company has always had grand rhetoric and global ambitions but now they've got the war chest and the connections to make it all a reality.

It closed at $15.22. I wouldn't be surprised if at some point it goes up by $15 in a day before or during 2020.

TWD --> CGC --> WEED. I've been a very content shareholder.


Filthy kulaks

One of the funniest moments on TV was when Sean Hannity asked Michael Moore about how much he [Sean] should pay in taxes. Moore without missing a beat said, "Double!"

60%. That's the total tax rate paid by Hannity.


How to create poverty

In the Roxbury neighborhood of Boston back in 2015, the people at the nonprofit organization Haley House came up with a novel idea. They would open a pizza shop based on the principles of economic justice and fair wages to support the community.

We know how this will end.

Unfortunately for them, only two years later the place is closing down. It turns out that operating a for-profit business on the principles of a nonprofit social justice operation results in an undesirable side-effect. They were literally not producing a profit.

That's what happens when you ignore reality. From temporary high wages to the progressive hourly wage of $0. Justice! At least, they all feeeeeeel good.


Not worth the trouble

Hackers are going to have fun with this:

Amazon.com Inc. is going to start delivering packages not just to doorsteps, but inside homes as well.

The new service, called Amazon Key, incorporates a smart lock fitted to a customer’s door, as well as a new Amazon security camera to record the movements of the delivery person, the company said Wednesday.

Nope.

If I'm not at home, then a notice is left and the delivery goes to the nearest Canada Post location. I can pick up the order later.


At the heart of Islam

A former Vogue cover model has revealed details of her years as a ‘pleasure wife’ for the world’s richest man, an arms dealer from Saudi Arabia.

Pleasure wife?

Khashoggi was already a married father-of-five when he met Ms Dodd, but pursued a relationship because he was allowed up to 12 women to serve as his ‘pleasure wives’.

Ms Dodd quickly became a member of Khashoggi’s harem, living in lavish suites in Saudi Arabia and taking turns to have sex with the billionaire arms dealer.

So, she was an expensive whore.

“I never thought of myself as a hooker, I still don’t think that,” she said.

But, of course.

“He said ‘I want to take care of you, I want to make a five-year contract with you. I’ll provide everything for you and you will be at my beck and call 24 hours a day’,” she said.

And… she accepted.

(Laughs.) The things women do for five year harlot contracts love.


Pampered Blacks vs. Oppressed Blacks

Blaming the eeevil White Man is more important than the truth. Just goes to show how much these Blacks care about others of the same race.

In addition to the tens of thousands murdered by the Mugabe regime, the currency of the country was annihilated -- guaranteeing misery with sky-high unemployment rates.

1980: US$1 = ZW$0.7

Yup, a Zimbabwe dollar used to be stronger than a US dollar.

2009: US$1 = ZW$10,000,000,000,000,000,000,000,000

Today, the Zimbabwe dollar doesn't even exist. People use other currencies.


Wynne today, lose tomorrow

The Wynne government created a "needlessly complex" scheme to pay for its hydro rate cuts without showing the costs on its own bottom line, Ontario's auditor general said in a critical report released Tuesday.

Lower electricity rates today for more votes next year.

The $26 billion is being borrowed through Ontario Power Generation, so will not appear on the province's books. Electricity customers will pay off that debt through rate increases spread out over the next 30 years.

Oh, who cares. What matters is the election in 2018!

The auditor says the plan could also result in Ontarians paying "up to $4 billion more than necessary" in interest. That's because OPG will be required to pay higher interest rates than the province would if the government took on the debt directly.

Good luck with your bills, Generation Z.


Doh Canada

I've seen more and more Muslim families in my neighborhood in Canada in the last couple of years. It's likely that some of them are from Syria.

The glass at a bus stop booth near my place was shattered last year. Twice. That didn't happen for at least a decade before. Also, there were many instances of theft in the area. I, often, go out for a walk in the evening when the weather is nice and I noticed a police car parked close to my residence for the first time. I heard that many cars had been broken into and the police presence was a deterrence.

Muslim immigration + property damage and increased crimes. Surely, it's a complete and total coincidence. Nothing to see here. Only a horrible, no-good, very-bad, bigot would put two and two together.


Standards are for the little people

Go Jeremy!

JEREMY Corbyn “ethical” T-shirts selling for £19 are made by Indian workers earning 55p an hour.

They would have to graft for a week before they could afford to buy one of the tops hailing the Labour leader who slams cheap labour.

The defining trait of socialists: They see no problem paying horrendously low wages for acquiring services and products but condemn the rest to live to a higher, abstract ideal.


Never go full SJW

Equifax Inc. said on Thursday it has taken one of its customer help web pages offline as its security team looks into reports of another potential cyber breach at the credit reporting company, which recently disclosed a hack that compromised the sensitive information of millions of people.

The move came after an independent security analyst on Wednesday found part of Equifax's website was under the control of attackers trying to trick visitors into installing fraudulent Adobe Flash updates that could infect computers with malware, the technology news website Ars Technica reported.

Security is essential to the profitability and survival of Equifax. Yet, they've been thoroughly screwing it up for months. They should have hired experts instead of trying to "fix" the Insufficient Vaginas Problem.


Backpedal fast!

That was quick:

The federal government appears to be doing away with a controversial tax policy interpretation that would have seen employees taxed for discounts they get at work.

The rich who don't have a lot of votes get shafted with 50% plus tax rates but when the government goes after discounted donuts and burgers; watch out!

The clever government throws the Canada Revenue Agency under the bus:

“This document was not approved by the minister and we are deeply disappointed that the agency posted something that has been misinterpreted like this,” he said in an emailed statement.

Liberal spin: CRA is a rogue organization. We would never ever increase taxes on poor people. Honest!