Month: October 2019
-
Elephant In The Room – Interest Rate Variable
In all this hype from the media regarding Bank of Canada interest rate decisions, and with the charade performed in front of cameras by sharp dressed smooth talking regulators…..the fact is that a 0.25 “basis” point move is not going to make one iota of difference when chartered banks have been widening the differential between…
-
Kootenays Economy
Look out Fernie / Sparwood / Blairmore…you’re next. Kootenays take economic hit. Teck laying off 500….and it’s yet to be reported exactly where the blue chip miner is going to apply its cuts. Their steel producing coal isn’t quite as appealing to the markets. Could it be time to start promoting golf courses and casinos…
-
Forty KM/HR Residential Speed Limit Committee
Last night while driving home from work, the main drag was congested so I took a residential route. Naturally, I slowed down to 30km per hour while driving through a playground zone. As is often the case, there was a pick-up truck right on my back bumper. I pulled over and let him pass. Tailgating…
-
Election Night Take Aways
Canadians condone their national leader in obstructing justice by casting votes in his direction. Party leaders oblivious to work schedules (bed times) of Canadians by delaying speeches in spite of certainty of outcome and botching their coordination as possible foreshadowing of a dysfunctional minority government. Failure of pundits to articulate platform of the big…
-
Brian Burke Calls Out NHL’s Entertainment Value
I believe last night was the first time in about five years in which I watched two consecutive periods of NHL hockey. Once again I was reminded why I turned off my cable TV those five years ago. It was the Flames versus Kings and HNIC was all over some personal rivalry between two players…