Category: Gradually Then Suddenly

Best Healthcare System In The World

Gradually Then Suddenly Tommy Douglas: Not Dead Enough 14 Comments

We need more administrators with higher salaries that should be paid for by higher taxes on primary health care providers. Easy peasy.

Canadian Press- Nova Scotia emergency department deaths hit six-year high, doctors point to ‘bed-blocking’

Retired doctor Robert Martel, who worked in Nova Scotia ERs for decades, says many beds in emergency departments are blocked because they are occupied by patients who can’t get a spot in long-term care or who need community services. He says patients are also showing up at emergency rooms far sicker than they should be, because they don’t have a regular doctor who could have detected their illness earlier.

I Need More Stimulus!!

Gradually Then Suddenly It's Probably Nothing nannystate 5 Comments

Economic growth predictions are notoriously hard to make accurately, but at some point saddling the economy with destructive mandates and borrowing to fund politically motivated boondoggles has to be reckoned with. It’s not a matter of if, but when.

Berezin expects that recession to begin either later this year or in early 2025.

He rattled off a number of indicators suggesting that the torrid pace of pandemic-era hiring has given way to something far less appealing to workers. As official job-openings data show, the number of open positions have fallen substantially, as has the quit rate. And private surveys of job openings reflect an even more dramatic decline.

But The Rainbow Crosswalks Look Great

Gradually Then Suddenly It's Probably Nothing 24 Comments

National Post- Millions down the drain: Water tech company says Calgary’s problems go beyond recent break

According to the city’s website, the average water use in Calgary was approximately 350 litres per person per day in 2023. However, Water Online estimates that 20 to 30 per cent of this water is regularly lost due to leaks and aging infrastructure, as per the national average.

A 2019 National Research Council report found that 30 per cent of Canada’s water and wastewater infrastructure is at or beyond its service life, The Globe and Mail reports.

Blind To The Obvious

Canada’s Bolsheviks Gradually Then Suddenly It's Probably Nothing 25 Comments

Is there anything more frustrating than some court economist declaring that we face serious economic problems but the causes are just a bewildering puzzle that largely defy explanation? Just for starters, Tiff need look no further than the current federal government’s open hostility towards investors.

At the conference, Macklem said the central bank expected productivity growth to pick up coming out of the pandemic as companies found the workers they wanted to hire and the supply chain started to normalize.

“It hasn’t happened,” he said. “That’s why we made such a stark statement.”

The solutions are apparent — more investment in machinery, equipment, information technology, etc. — but Macklem said the tougher question is why that isn’t happening.

“There are some puzzles there,” he said. “We have all the ingredients; we have got to cut through obstacles.”

 

It Was Covid-Induced Climate Change

Gradually Then Suddenly Great Moments In Socialism 25 Comments

And it’s racist of you to ask.

Calgary Herald- City of Calgary says nothing of busted crisis-causing water pipe

On the sixth day of water restrictions and with another week before we find out when we’re back to normal, it’s the moment for the simple question. When was the last time the City of Calgary inspected this segment of pipe, this particular pipe that is no more? And when the City of Calgary inspected this pipe what did they find?

The question is handed off to Francois Bouchard, a big shot at the city. “I don’t actually have any specific data to share with you.”

Canadian Exceptionalism

Gradually Then Suddenly It's Probably Nothing Shiny Pony There Goes The Narrative 10 Comments

Maybe the last one left can turn off the lights.

The ACS, which is conducted by the U.S. Census Bureau, says the number of people moving from Canada to the U.S. hit 126,340 in 2022. That’s an increase of nearly 70 per cent over the 75,752 people who made the move in 2012.

Terminesi said his phone has been ringing off the hook for the last 18 months with calls from Canadians wanting to move to sunny Florida.

“‘With Trudeau, I have to get out of here,’ that’s what people tell me. They say to me, ‘Marco, who do I have to talk to to get out of here?'” Terminesi told CBC News.

It’s Probably Nothing

Gradually Then Suddenly It's Probably Nothing 9 Comments

Blacklocks- Loan Defaults Low But Rising

“For the first time since the beginning of the pandemic mortgage delinquency rates began to rise at the end of 2023, up to 0.2 percent in the fourth quarter of 2023,” said Mortgage Industry. “Our main findings are the risk in the mortgage market has likely more than doubled,” it added. “Increasing the amortization schedule from 30 to 40 years would likely have little effect on reducing that risk.”

The report estimated four percent of low-cost mortgage owners could not meet payments and still afford groceries when it comes to renew loans at higher interest charges. Any return to pre-pandemic jobless rates would see “more than eight percent of homeowners with mortgages would not be able to keep making their mortgage payments and afford their life essentials,” wrote analysts.

Burn The Capitalists!

Gradually Then Suddenly It's Probably Nothing We Are All Treaty People 33 Comments

At this rate, will any businesses be left in the Winnipeg core within 5 years?

A rash of violent incidents targeting a Winnipeg grocery store came to a head Friday with a brazen daytime arson attack caught on camera.

Security footage from the incident shows the moment two women approached a couple of cars belonging to co-owner Tarik Zeid and his cousin. They smash a window, douse the car with a flammable liquid, and set it on fire.

He believes the suspects are the same women involved in a shoplifting incident inside the store the day before.

Just over two weeks after the first incident, three staff members were assaulted when five masked attackers stormed the store.

Limitless Demand

Gradually Then Suddenly It's Probably Nothing nannystate 31 Comments

I’m sure that the conclusion of most thinkers on the left will be that these programs were obviously underfunded.

Despite $443 million in new annual spending aimed to reduce homelessness the number of people without a roof over their head has grown by 20 per cent in Canada, according to the Parliamentary Budget Officer.

The new $443 million was a 374 per cent increase compared to prior spending, but it doesn’t appear to be having the desired effect.

 

Interest Expenses

Gradually Then Suddenly It's Probably Nothing nannystate 11 Comments

Issuing short term bonds is a sweet deal when interest rates are falling, but not so much when they go the other way.

Canada has just over $1.4 trillion in debt — more than double the $619 billion owed in the Liberal government’s first year — borrowed using bonds ranging between two and 30 years.

This year, $414 billion of the national debt will be refinanced. During the pandemic, the Bank of Canada’s central rate was as low as 0.25 per cent; it’s now five per cent.

They Were Promised There Would Be No Math

Gradually Then Suddenly 43 Comments

Gradually, then suddenly.

Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection.

The 56-year-old chain made the filing late Sunday, days after shuttering dozens of restaurants. […]

Sometimes, Red Lobster would lower its prices to compete, a move that was often disastrous. In 2003, the company lost millions of dollars on an all-you-can-eat “Endless Crab” promotion when crab prices rose, Allen said. Twenty years later, the chain did the same thing with an “Ultimate Endless Shrimp” promotion.

On a personal note, I refuse to eat anything you can’t tie to a fence.

More.

Stranding Capital

Alternative Subsidy Climate Cult Gradually Then Suddenly It's Probably Nothing 5 Comments

The worst aspect of central planning is not just that it misallocates capital, but that it actively destroys it. Centrally planned economies, from the Soviet Union on down, remain littered to this day with stranded assets existing in a largely unrecoverable state. EV subsidies are doing the same thing by wrecking the profitability of companies trying to cash in on such schemes.

The energy unit of Panasonic Holdings missed its operating profit guidance for the past business year due to lower electric vehicle (EV) battery production in Japan and a fall in sales of consumer products, the company said on Thursday.

Operating income for the key segment, which makes batteries for Tesla and other automakers, totaled ¥88.8 billion ($570.18 million) in the year that ended in March, missing its own ¥113 billion forecast, Panasonic said.

 

Gradually, Then Suddenly

Gradually Then Suddenly 9 Comments

@WallStreetSilv

Credit card balances that were 30 days or more past due rose to 8.9% in Q1.

In 2019 the rate was about 7.0%. Before the Great Recession, it was between 8.5% and 12% (red line).

“Other” consumer credit balances – personal loans, payday loans, and Buy-Now-Pay-Later (BNPL) loans, etc. – that were 30 days or more past due inched up to 7.6%, a tad above where it was in 2018 and 2019 (blue).

Slowing Down

Gradually Then Suddenly It's Probably Nothing 9 Comments

Like most sectors of the economy, farm finances are being squeezed between substantially higher interest costs and slumping commodity prices. But I’m sure that higher carbon and capital gains taxes and more EV subsidies will fix that. If not, maybe a currency collapse could right the ship.

Falling crop prices are leaving agriculture equipment sellers with an excess of unsold tractors and combines. To cope with the surplus, dealers are discounting machines, suspending new orders, and even auctioning off equipment at reduced prices.

Josh Gruett, dealer principal at Waupun Equipment in Waupun, Wisconsin, which sells farm, construction and other equipment, said his inventory has risen 30% to 35% since the end of 2023.

National Bankruptcy

Canada’s Bolsheviks Gradually Then Suddenly nannystate 22 Comments

I personally know some people who would choose to be a care-giver to their XBox if the math of Universal Basic Income worked out for them. In all likelihood, it would do so in many cases. At least enough to send us over the cliff into default and an inflationary currency collapse.

Sen. Kim Pate and NDP MP Leah Gazan introduced bills S-233 and C-223, respectively, in a bid to create the first national framework to provide all people over age 17 across Canada, including temporary workers, permanent residents and refugee claimants, a guaranteed livable basic income.

Based on Ontario’s basic income pilot project, the Parliamentary Budget Officer estimated that the basic gross cost of guaranteed basic income(opens in a new tab) nationally would range between $30.5 billion and $71.4 billion from November 2020 to March 2021…

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