And so it begins…

The biggest shock is not that Canadian housing prices are falling this quickly, but that most people believed that an economy mired in exponentially rising debt could easily withstand a couple of percentage point rises in the rate of interest.

The problem is the price they agreed to pay for the three-bedroom home in March: C$920,000 ($711,000).

By the time their lender got around to appraising the house in May, it marked the value down to C$800,000. A second appraisal a few weeks later was even grimmer — C$740,000.

Legally bound to the deal but no longer able to obtain a big enough loan to go through with it, the couple pleaded with the seller to nudge down the price. On Thursday, they closed at C$810,000. “We didn’t know that the market would crash,” Habibi says.

Friday On Turtle Island

No Pride Month:  Traumatized woman of gay moms.  Woke colonial Williamsburg.  In Scotland, eunuch rights matter.  CBC explains that Thunder Bay isn’t gay enough.

Trudeau’s Canada:  Defunding the police.  Indians and environmental loons will oppose shale gas revival.  I wonder if Justin will be there. Ceremony for those who identify as black.  And Rex Murphy writes about Fraulein Freeland.

Great moments in socialism:  The socialist plan.  And permanent shortages.  Dear Leader pays private contractors to censor documents.

Pride Month Tip:  How to have safe Monkey Pox sex.

We Don’t Need No Flaming Sparky Cars

What size battery does it take to start a battery?

On Monday, Ford Motor Co. notified dealers that it would be issuing a stop-sale notice for the all-electric “Mustang” Mach-E. The note made mention that the high-voltage contacts on the battery could overheat and cause malfunctions — potentially causing the vehicle to lose power while in operation or even fail to start.

Considering how absolutely wicked battery fires can become, this was likely a prudent move on the part of Ford. Over the last several years, EVs have been getting some negative attention for fires related to charging or battery failures of late and Blue Oval is likely aware that any mishaps with the Mach-E will be amplified as a result. Nipping this in the bud immediately is wise. However, the resulting recall has defaulted to the industry standard solution of issuing a software update on the affected models.

While tweaking the software can help mitigate problems, manufacturers have started leaning on the strategy as a way to buy time until a more comprehensive hardware fix is developed. This may also be the situation with Ford, as it doesn’t even want dealers to demonstrate the Mach-E to potential customers and used capitalized letters to make that point. Transcripts of the dealer notice shared on the relevant Mach-E forums have likewise mentioned that parts pertaining to the subsequent recall were unavailable. However, the phrasing used by the automaker makes the assumed lack of any parts interchangeable with the planned software update a corporate spokesperson said should be available next month.

Blame Canada

New York Times- Russian gas flows to Germany get snarled in Canada.

A machine used in shipping Russian natural gas to Germany has been caught up in Canadian sanctions imposed against Moscow, prompting a steep drop in flows in a key Russian pipeline and contributing to a surge in European natural gas prices on Tuesday.

Gazprom, the Russian gas monopoly, said on Twitter on Tuesday that it was reducing the amount of gas it sends to Germany via the Nord Stream pipeline by about 40 percent because a turbine sent for repairs had not been returned “in due time.” It said it could not provide the amount of gas normally sent to Germany without the machine.

Winter is coming.

Thursday On Turtle Island

No Pride Month:  There goes a transgender narrative.  Natural birth term is judgemental.

He admires their basic dictatorship:  China close to building military base.

Biden’s America:  Old Joe copies everything Justin does. Ban on conversion therapy.  Dementia Joe has a way with words.  Coming soon to Toronto??  Peace circles in Chicago.  And abortion group threatens domestic terrorism.

Hope they stock up the plane with booze. Our Dear Leader will be burning jet fuel all over the planet again. He will be discussing the most important issues facing Canadians, global warming and Ukraine. Funny how he’s in hiding with the China virus until his trip.

Woke Britain:  The English language is racist.  Your morning meme.

James Topp in Sudbury

On a personal note, I lived in Sudbury for 5 years.  I’m overjoyed to see the positive reception he is getting.  Yet I personally know of at least two former colleagues there who would sh#t on Topp’s accomplishments, both on his cross-country march, and his career in the Canadian Armed Forces.  Such is the state of too much of the brainwashed Canadian citizenry these days. 🙁

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