My Debt Engine Is Running Rough

In an economy as utterly dependent on housing as Canada’s this is the kind of news that grabs headlines. Even if the recent interest rate hikes are over and rate cuts continue, servicing the debt burden piled up during the lengthy near-zero era makes a quick recovery impossible.

The number of housing starts in the first half of 2024 has lagged behind the previous year, while June saw a 44-per cent drop year-on-year. At the same time, new home sales — which can predict future home construction — are also falling.

Data from the Canadian Mortgage and Housing Corporation (CMHC) shows that, between January and June, 36,371 new homes were started in areas of Ontario with more than 10,000 residents. Those figures were a 14-per cent decrease from the previous year.

Last month, the CMHC reported particularly dire figures. In June 2023, 10,114 new homes were started in Ontario, while this year that plummeted to 5,681.

The Sound Of Settled Science

Mysterious ‘Dark Oxygen’ Discovered at Bottom of Ocean Stuns Scientists

Chugging quietly away in the dark depths of Earth’s ocean floors, a spontaneous chemical reaction is unobtrusively creating oxygen, all without the involvement of life.

This unexpected discovery upends the long-standing consensus that it takes photosynthesizing organisms to produce the oxygen we need to breathe.

Man Made Global Warming

It’s a simple formula. Don’t look after the forests, wait for them to burn, blame it on “climate change”, crank up everyone’s taxes. Rinse and repeat.

Blacklocks- Guilbeault Had 2022 Warning

Parks Canada managers two years ago acknowledged they failed to take full precautions to save Jasper, Alta. from wildfires, documents show.

Almost half of Jasper’s Whitebark Pine forest, 44 percent, was infected by beetles. However few steps were taken to reduce the risk to the Town of Jasper with controlled burns of surrounding forest, records show.

Parks managers two years ago wrote that “targeted burns with the goal of implementing at least two every five years” would be followed with tree planting to replace dead pine. “It is likely 520,000 seedlings may be required,” said the Implementation Report. Only 18,000 seedlings were planted. There was no explanation.

CO2 is not a pollutant, it’s plant food, says Sask United Party leader

Sask United Party Leader Jon Hromek. Photo by Brian Zinchuk

CO2 is not a pollutant; we’re going to burn coal until we run out of coal: Sask United Leader Jon Hromek.

It’s not often an oil company CEO sells his company to run for provincial politics, becoming the leader of an upstart party in the process. But that’s exactly what Jon Hromek has done. And as someone coming from industry, his thoughts on energy transition, CO2 and coal differ from a lot of the other politicians in Saskatchewan, or for that matter, Canada.

 

Let Us Pay Homage To The Las Vegas Nostradamus

A Don’t Hurt Me Parade in Portland

The most Portland thing of all at this week’s Pride Parade was the guy in the assless denim overalls. It was the epitome of a queer Pacific Northwest mash-up.

Portland’s Pride Parade was in July this year because, while in the entire known universe all of June has been designated Pride Month, Pride Northwest, out of sheer politeness, and to “avoid overlapping with other significant cultural events in the Rose City,” moved their signature parade to July.

In fact, they moved the 10th annual Portland Trans Pride March into July as well. And last year, the Pride Parade was in July, too. Funny that. Is this evidence of Pride Northwest being polite, or greedy—greedy for more attention, more bandwidth from the citizens of Portland, more money from their corporate sponsors?

I’m going with greedy.

He Was Feeling Better

True North- Inmate serving near 8-year sentence escapes from healing centre in Edmonton

“In the current fiscal year, there have been three escapees from Stan Daniels Healing Centre, with one of those offenders having already been apprehended,” a spokesperson for Correctional Service Canada told True North.

The Stan Daniels Healing Centre is a Section 81 facility operated by the Native Counselling Services of Alberta. These facilities are specifically used to house some Indigenous inmates where they can be offered “culturally appropriate services and programs to offenders in a way that incorporates Indigenous values, traditions and beliefs,” the correctional service says.

Honoring Dictators

Given the disastrous outcomes of Covid pandemic policy and the massive backlash that it created, one would think that governments would go out of their way to avoid giving too much notice to those responsible for such fiascos, but apparently the government of Manitoba thinks otherwise.

Manitoba’s chief public health officer, Dr. Brent Roussin is a physician, law school graduate, and familiar face to Manitobans as the province’s top public health authority and spokesperson during daily COVID-19 pandemic news conferences. A specialist in public health and preventive medicine, Dr. Roussin also brings an understanding of administrative law that was particularly helpful during the province’s COVID-19 response.

Functionaries like Roussin basically assumed the role of provincial dictator and divided their fiefdoms between “essential” and “non-essential” businesses, bankrupting many in the process. They also implemented such inanities such as restaurant masking rules and, in Manitoba, the bizarre measure that one could only golf with members of one’s household. Why do some insist on honoring such fools?

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