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2 mo. ago

  • Canada actually has a problem with productivity investment, likely because we have too high of taxes, and due to capital shallowing due to our mass immigration.

    https://www.bankofcanada.ca/2024/03/productivity-problem/

    "I want to talk about Canada's longstanding poor record on productivity, and convince you just how big of a problem it is. You know those signs that say 'in case of emergency break glass', well its time to break the glass."

  • Eminent domain exists in most countries. Just as you cant block upstream water from someone else you generally cant block resource development in the national interest.

    Our highways are a good example of this, I'm assuming we all like having the roads that have helped create our current standard of living?

  • Much of Europe definitely stored their gold in the US during and after WWII due to Bretton Woods, which ended in 1971 when Germany and France wanted its gold back due to the overprinted dollars of the Great Society act of the 60s.

  • What everyone doesn't understand is that we are not just fighting for ourselves, its a fight to protect the future of our people and of all Ontario and all Canada as well. Unrestrained and uncontrolled resource development only destroys the land, air and water ... the same land, air and water we all share no matter our race, group or identity.

    Canada has had the worst per capita GDP growth in the 38 countries of the OECD losing to inflation since 2015, and some people think that could hurt people via defunding our social safety net and basic infrastructure, including the tens of billions that go to indigenous people. I dont think its so simple as you make it out, and more of the same would be a death knell for Canada.

  • 80% of the land in our largest cities is zoned for single family homes. Our developer fees and taxes are also 1/3 the cost of a home and are some of the largest taxes in the world. Bureaucracy takes ages in Canada for permitting, some of the slowest in the world.

    Its fully government contricted, basically a form of price controls via single family home exclusivity, and huge taxes to artificially drop property taxes on existing urban sprawl; so of course there would be shortages.

  • These two sides are pumping each other for clicks. Diagalon is against extremist anti-Israelites and these guys are against extremist Convoy supporters.

    In the end they are all neckbearded extremists responding to trolls.

  • Build a Canadian ship yard?

    By burning coal to make steel, burning oil for logistics, and cutting down trees for the factory? Why dont you just fire a nuke at the planet and get it over with you climate denier. Canadians are fine with selling real-estate back and forth to each other.

  • I'm also surprised that the new housing minister wants affordable housing while not having housing prices fall. Its like we were lied to again, which makes no sense, how could this happen?

  • The theory that can explain rising drug potency under prohibition was first described in 1964 by Armen Alchian and William R Allen. It states that when the price of two substitute goods is increased by a fixed per-unit amount (such as transportation or taxation) the consumer will opt for the higher priced, higher quality good because the price of the more expensive product has sunk in proportion to the price of the less expensive product.

    Suppose, for example, that high-grade coffee beans are $3/pound and low-grade beans $1.50/pound; in this example, high-grade beans cost twice as much as low-grade beans. If a per-pound international shipping cost of $1 is added, the effective prices are now $4 and $2.50: High-grade beans now cost only 1.6 times as much as low-grade beans. This reduced ratio of difference will induce distant coffee-buyers to now choose a higher ratio of high-to-low grade beans than local coffee-buyers.

    This is whats happening to drugs, prohibition forces logistics costs upwards and so higher potency becomes more standard.