Author: Dennis

Talkin’ Bout My Generation…

entitlement generation Gradually Then Suddenly It's Probably Nothing 10 Comments

The more pressing question is: can most retirement funds generate sufficient capital to sustain themselves for such a long period? I’ll hazard a guess that most government plans don’t have nearly enough. Speaking from personal experience, I’d go crazy if I stopped working completely.

Not only is retirement coming faster, Canadians are also living longer. Since 2023, life expectancy in Canada has risen two years to 83, and since 2001 the number of people over 100 has doubled, said the study. Globally, the number of centenarians is expected to grow by 800 per cent by 2050.

Instead of the 20 to 30 “golden years” of earlier generations, workers today are potentially looking at retirements that span 40 years or more.

 

Protection Money

Canada’s Bolsheviks Climate Cult We Are All Treaty People 16 Comments

If you pony up enough money to the paleolithic set, maybe your project can go ahead.

Jonathan Wilkinson, a B.C. Liberal MP and a former federal environment minister, said today that “a number of things” would need to happen before the tanker ban could change, including discussions with the B.C. government and coastal First Nations.

Scroll down to see the Financial Post point out the errors in Eby’s arguments.

As the saying goes, you’re entitled to your own opinion but not to your own facts. Premier Eby’s objections to another Alberta pipeline are rooted in fallacies, not fact. The Carney government should recognize that and decide soon whether or not another pipeline to B.C. tidewater is “in the national interest” — which apparently is how you get a permit to build major projects in Canada these days.

The Cheque Is In The Mail

Cronies entitlement generation It's Probably Nothing nannystate 19 Comments

I’m suspicious about the impact of these measures for a few reasons: voluntary departures come with severance; government retirement plans often require funding out of general revenue so early retirement just means more losses to cover; many eliminated jobs are potential positions as opposed to actual ones, and the timeline is an entire decade.

He said the company will use “attrition first” to downsize from the roughly 62,000 people it employed at the end of last year.

The company expects to shed 16,000 employees through retirement or voluntary departures by 2030, with an additional 14,000 leaving by 2035.

Wizardry, Not Wisdom

Climate Cult I, Napoleon We Are All Treaty People 16 Comments

When a cultural movement allegedly based on science starts to bring in mystical “wisdom keepers” in an attempt to remain relevant, this merely confirms that it was never based on science in the first place.

The COP so far “was a testament that unfortunately, for Indigenous peoples to be heard, they actually need to be disruptive,” said Aya Khourshid, an Egyptian-Palestinian member of A Wisdom Keepers Delegation, a group of Indigenous people from around the world.

Indigenous people are putting a lot of energy “to be in this space but to not necessarily be given a platform or voice at the decision table with the ministers and those who are in power,” said Whaia, a Ngāti Kahungunu Wisdom Keeper.

Money For Nothing

DigitalCurrency Gradually Then Suddenly It's Probably Nothing 26 Comments

That’s 600 billion, with a ‘B’. How much of the melt-up was driven by leverage, and who’s left holding the bag for those loans?

After topping $126,000 in October, Bitcoin has fallen sharply, briefly wiping out its 2025 gains before stabilizing on Monday.

With gold and stocks near all-time highs, Bitcoin is the “tip of the risk-assets iceberg and melting,” said Mike McGlone, senior commodity strategist at Bloomberg Intelligence. “I expect Bitcoin and most cryptos to keep falling.”

Echo Chamber

entitlement generation Insufferable Twits 18 Comments

Only customers with obsessive compulsive disorder would be bothered by any strike. The rest will just buy their latte at the myriad of coffee shops that can be found down the street from every Starbucks.

Starbucks Workers United said stores in 45 cities would be impacted, including New York, Philadelphia, Minneapolis, San Diego, St. Louis, Dallas, Columbus, Ohio, and Starbucks’ home city of Seattle. There is no date set for the strike to end, and more stores are prepared to join if Starbucks doesn’t reach a contract agreement with the union, organizers said.

Maybe Some Other Time…

Canada’s Bolsheviks Climate Cult New Governor 4 Comments

I assume that if an Arctic hydro dam was a viable proposition, someone else would have already done it. But cost is apparently no object. In order to expedite that, a bitumen pipeline is going to get dropped from the list. What’s notably missing from the list as well is any mention of funding to complete a four lane highway across the country, which would finally put us on par with most semi-industrialized nations.

The Crawford nickel project in northeastern Ontario is also expected to be on the list, as well as Nouveau Monde Graphite Inc.’s mine and battery-materials plant project in Quebec, an Iqaluit hydro project and a major electricity transmission line in northern B.C., according to reports from CBC News and Bloomberg News.

 

Dissension In The Ranks?

47 Art Of The Deal There Goes The Narrative Trump 35 Comments

If you take a gander at the conversations on Twitter today, Trump’s apparent endorsement of the H1-B visa program in an interview with Laura Ingraham doesn’t seem to be going over so well. My earlier understanding was that there was going to be a $100,000 fee applied to those visas. Does anyone know what’s happening with that?

More Twitter opinions from Yahoo news.

“This is insane—we are going to lose the mid-terms so badly,” Anthony Sabatini, a vocal pro-Trump county commissioner in Florida with a large online following, wrote on Tuesday on X, where the president’s remarks quickly went viral.

 

The Excuse Factory

Canada’s Bolsheviks The Tolerant Left We Are All Treaty People 13 Comments

It’s hard to imagine that anyone with a shred of moral conscience could face themselves day after day after delivering a judgement which brazenly excuses such psychopathic behavior.

Mr. Garlow is the personification of intergenerational trauma. I cannot imagine more sympathetic circumstances or mitigating factors that cry out for some compassion. Punishing him with a further period of incarceration for the sake of the common good would be unjust,” wrote Justice Brenda Green, who recently handed Garlow a suspended sentence and three years of probation.

The judge saw a “clear, causal nexus between his father’s brutalization in residential schools and the trail of damage and devastation that slammed like a wrecking ball through the next generation. I cannot imagine a case with a more shocking example of the detrimental impact of colonialism, intergenerational trauma and the attempted cultural genocide by seizing children from their communities only to be placed in horribly abusive environments.”

Nothing Burgers

Gradually Then Suddenly It's Probably Nothing 8 Comments

When the marginal consumer can no longer afford Wendy’s, you just know things are going downhill.

There are currently about 6,000 Wendy’s locations in the U.S. Locations that are “consistently underperforming” will close in late 2025 or at some point in 2026. The number of stores affected could be up to around 350. Nation’s Restaurant News noted that Cook indicated they were “acting with urgency” to reverse the negative trend.

As CNN detailed, Wendy’s sales in the last quarter were down nearly 5 percent.

Elbows Down!

It's Probably Nothing Never Before Uttered There Goes The Narrative 9 Comments

Generally speaking, the leadership cadre of large Canadian businesses tend to carry water for the Liberals no matter what. It’s refreshing to see at least one of them speaking out about the Canadian economy’s appalling lack of productivity.

“The business sector (has) grown productivity about 50 per cent since roughly 2000 (but) the non business sector — this is government and not-for-profit businesses and workers — in those areas … productivity has been absolutely flat, zero growth, not one bit of productivity,” she said at the University of Waterloo’s Tech Horizons conference.

“I find it kind of frustrating because those people were telling us in business that we’re not productive when they’re the ones who are flat like pancakes.”

 

Another Zero Percent Interest Miracle!

Gradually Then Suddenly Great Moments In Socialism It's Probably Nothing 1 Comment

The purpose of interest rates is to align the supply of capital with the demand for it. When they fall to zero, that sends a false signal that capital practically self-replicates and that no one really needs to care about where capital gets invested. These “malinvestments” are starting to show up more and more these days.

Among other things, authorities are trying to determine whether Tricolor double-pledged—using the same set of subprime loans as collateral against multiple warehouse loans. This would be akin to a homeowner with a $500K mortgage on a $600K house taking a second mortgage for $500K without notifying—in fact, intentionally withholding relevant information from—the lender about the first mortgage.

Oil’s Well

Drill, Baby, Drill Gradually Then Suddenly It's Probably Nothing 3 Comments

An economy in recession doesn’t need as much oil as one that grows. Who knew? More evidence that the marginal consumer is throwing in the towel.

Investors and analysts have spent much of the year embracing the view that the oil market, which has been in oversupply mode, is heading straight for a glut through 2026 — and that glut could reach as high as 4 million barrels per day (b/d) and depress global prices even further along the way.

Lacking Alternatives

Gradually Then Suddenly Great Reset It's Probably Nothing 18 Comments

Basically, Canada needs US markets a lot more than they need our markets, or anyone else’s for that matter.

Beaudry contrasted Canada’s dependence on global trade — roughly 40 per cent of the economy — with the U.S.’s much lower reliance at about 15 per cent. That difference, he said, helps explain why Washington can afford to use tariffs as a political and fiscal tool without triggering the same level of economic disruption seen elsewhere.

Quantum Shift?

47 nannystate There Goes The Narrative 29 Comments

If Kamala Harris were proposing that the federal government take ownership stakes in private companies, I can hazard a guess that Republicans would loudly oppose it. What’s going on with a party that has traditionally opposed government ownership of the means of production?

The Trump administration is in talks with the likes of Rigetti Computing (RGTI), IonQ (IONQ) and D-Wave Quantum (QBTS) to take equity stakes in them in exchange for federal funding, according to the Wall Street Journal.

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