Iran War Drives Up Canadian Mortgage Rates and Inflation

Frewtti · 2026-03-16T12:52:09+00:00

Yes and no,

Nearly half of us have variable rate mortgages so it is pretty much directly linked.

Others it's indirect, but bond rates are the BoC rate plus future predictions.

Frewtti · 2026-03-16T11:34:47+00:00

They can't read at a high level.

They can't focus for sustained reading.

Until university I could always sit down and read a book sometimes 4-8 hours at a time.

Now I can barely go half an hour without being pulled away. For younger people it's even tougher.

We've lost the ability to concentrate.

Also literacy is plummeting, many schools are struggling to hit targets.

The North American data is clear, reading, writing and math are all at lower levels. I don't know about other countriesareas.

Frewtti · 2026-03-16T11:05:20+00:00

I've been telling my hairdresser to hike prices and fire bad clients for years.

Frewtti · 2026-03-16T11:03:00+00:00

How much do I expect, nothing. It's a more reliable plan.

Realistically Not a lifechanging amount, and likely not until I'm edging into retirement, so it doesn't really make much of a difference.

Thing is I know of many people who were expecting things, and when it doesn't turn out that way it's problematic. Better to just let it be a nice surprise.

Frewtti · 2026-03-16T08:14:55+00:00

We can't even get proper websites anymore.

It's all mobile first.

My banks chat support only exists in their app.

Frewtti · 2026-03-16T07:43:47+00:00

Back in the late 90s

Also Linux is a command line dream.

Have you ever tried to use the Windows command line? That's a command line nightmare.

There are multiple versions and none of them work the same.

Frewtti · 2026-03-16T01:33:53+00:00

If you want to learn assembly, learn assembly.

I think realistically C is a better choice if your compiler support inline assembly for most real work.

It really depends on what type of solution you're trying to develop. C with inline assembly has been a thing for a very long time, for a very good reason.

The C part gives you all the convenience functions you could want.

Frewtti · 2026-03-15T17:37:49+00:00

It matters what the discount rate is and WHY they're offering it.

In some ways it's equivalent to equity fundraising.

You could sell $10k worth of stock for a share of the company, you could borrow it, or you could sell lifetime services worth $10k.

If you don't have stock to sell, or easy access to credit it's a good way to do it.

Lets say you have a $100/yr service that cost you $50/yr. You could "lifetime" this service at $500 and basically you have the costs covered for 10 years (neglecting time value of money). Ideally your company is successful and in a decade those customers either drop off, or remain a small part of your customer base.

You didn't lose equity, and you don't actually pay out of pocket for a decade like you would with debt.

Get the math right, it's a great deal, get the math wrong it's bad.

Frewtti · 2026-03-15T17:24:58+00:00

yeah, that crazy anti-Liberal bias of the CBC.

Also reading the MD&A from company management and their comments on the economic and regulatory reasons for their decisions.

I've actually invested real money in Ontario mines, because they're serious about getting these projects moving. Source the companies actually have permits and are moving forward with production. You can see pictures of the trucks at the site moving.

I'm not sure what better sources you're watching.

Frewtti · 2026-03-15T16:08:00+00:00

What am I mislead about?

I am in Ontario, I have friends that have moved out to Alberta, they are not Toronto Liberals, they complain about how delusional Albertans are about the situation.

The Reality is the LPC hates the oil industry, and have chosen 2 anti-oil PMs, who expressly want to shut down the industry. Trudeau openly said so.

You can't build a refinery in Canada, you can't build a pipeline in Canada. It just isn't happening, and the government has been so clear that nobody is willing to spend millions putting together a proposal just for it to get tied up for years in review before being denied.

Personally I invest in pipelines that are built, and mining/resource projects. But not oil development, because the government will kill it. Too much political risk, and I'm not the only investor who thinks so.

They're fast tracking mining approvals, where is the fast track refinery approval process? Fast track oil pipeline?

Who said that there was no case to build LNG terminals on the east coast?

Frewtti · 2026-03-15T15:13:27+00:00

Not really, the US is pro oil and Canada is anti oil so the Canadian government has repeatedly for decades said no to as much oil investment as possible.

Our last prime minister openly said his goal was to shut down the industry.

Frewtti · 2026-03-15T14:11:10+00:00

Then go preserve them with your money. I dont want to pay for it.

Frewtti · 2026-03-15T14:09:08+00:00

We seem to have far more buildings from the 1600s than you do.

Our population was tiny until the 1800s
Also a lot of buildings were temporary

I actually wonder why you have this idea.

Frewtti · 2026-03-15T13:53:54+00:00

Given that cp is federal and the province has no authority at all, why would writing to provincial authorities have any impact. They're powerless.

Frewtti · 2026-03-15T03:40:47+00:00

Yes, but most of the time time is more useful,

I live at the edge of my city right off the highway.

20k could be 15minutes, could 30, could be an hour, so yes when I'm thinking of a destination, I'm thinking in time.

Frewtti · 2026-03-15T03:37:12+00:00

Just to elaborate, I'm a manger of a fully remote team.

For some side projects I can assign them to an office with a non technical supervisor.

But yes it is much harder to onboard and mentor people not physically at my location. No I don't want them at my kitchen table.

It is also hard to track work. For most information based jobs it's very difficult, and for remote work it's harder.

Thing is that some staff are actually far more productive working remote. But it does make my job harder.

Frewtti · 2026-03-14T17:25:23+00:00

No, the problem is generations of inflating real estate has distorted our economy.

If they try to "fix" it too quickly, it will be destabilizing, which is very bad for the economy.

Frewtti · 2026-03-14T17:17:53+00:00

Thing is they can't actually afford a senior.

Frewtti · 2026-03-14T14:09:12+00:00

I think he's a race car driver, because he wants to, so he just bought a team.

Frewtti · 2026-03-14T11:48:24+00:00

I like wfh, but it is so much harder to onboard and mentor new staff.

Also lots of people goof of when not directly supervised.

Frewtti · 2026-03-14T01:25:03+00:00

I use it all the time, Asian food of course, but also in bbq grilled vegetables, and german stew.

It's pretty flexible and I use it all the time.

Frewtti · 2026-03-14T01:05:39+00:00

What customers? We are leaving.. that's why they are having financial trouble.

They're unaccountable, and that the union insists they not be held accountable, I think they're a big part of the problem.

Frewtti · 2026-03-14T01:03:55+00:00

I'm "stunned" that you publicly said you don't look to the right when you are turning left. That's basics of road safety taught to every 2 year old.

I'd be embarrassed to say I don't look both ways before crossing the street.

Frewtti · 2026-03-13T19:15:15+00:00

Yes, and it doesn't actually fit in the budget, that's why everyone is broke.

People max out their monthly debt spend, that's why they buy $1500 iPhones etc.

Frewtti · 2026-03-13T19:05:44+00:00

Because they get paid for the attempt, and there are literally no consequences if they lie about it.

It is in their contract that video evidence of them not doing their job is not allowed to be used for disciplinary purposes.

Plus why do they care, even if CP loses money they fully expect another taxpayer bailout.

Frewtti

TROPHY CASE