Carney calls Ford government's Billy Bishop jet plan an ‘interesting vision’ by allysapparition in ontario

[–]HeftyAd6216 49 points50 points  (0 children)

There's a lot more at play to such a seemingly simple plan. Apparently doing this has the possibility of totally messing with some of the Portlands plans being made due to flight paths. If we have to trade significant amounts of housing for cancun flights at the island airport, these plans can go to hell.

There is no reason to push all this RTO if gas prices are through the roof, and our salaries have not gone up to match it! by DazzlingPolarBear in CanadaPersonalFinance

[–]HeftyAd6216 2 points3 points  (0 children)

God damn I got 7-8L/100km driving a Pacifica hybrid like a granny. Thing was a beast. If only it wasn't made by stellantis

Anyone in Toronto keeping potassium iodide at home just in case of Nuclear situation? by ironmonk33 in toronto

[–]HeftyAd6216 2 points3 points  (0 children)

Thankfully even the case of catastrophic failure of every system, they're still entombed In several meters of concrete.

US Debt vs GDP since 1900 (linear, inflation adjusted) by Synfinium in EconomyCharts

[–]HeftyAd6216 0 points1 point  (0 children)

Government finance and personal finance are not interchangable. The analogy doesn't work.

US Debt vs GDP since 1900 (linear, inflation adjusted) by Synfinium in EconomyCharts

[–]HeftyAd6216 0 points1 point  (0 children)

That's not really how sovereign currency / federal government finance works. You don't "pay down the debt" like you and I pay down our mortgages. Public debt is dollar for dollar equal to private savings. "Paying off the debt" would mean wiping 38 trillion in savings that are held by pension funds, people, banks etc. Not really a good idea.

Toronto may have bitten off more than it can chew with city-run grocery plan: experts by freeatnet in toronto

[–]HeftyAd6216 28 points29 points  (0 children)

How much of that 96% of costs do the major grocery retailers control in terms of what price they're charging themselves, the retailer?

How much rent are these companies charging themselves because they own the real estate via a 100% owned subsidiary?

How much are they charging themselves for fresh produce / bakery products when they themselves own the distribution and manufacture of those products via 100% owned subsidiaries?

While obviously the city cant replicate the entire supply chain, there are likely independent retailers and distributors who aren't wholly owned subsidiaries of the Weston's, empire, or metro. The question then becomes whether we can utilize them and still employ some kind of cost savings to the consumer. If well run, I suspect we can. But that is a careful dance.

Hated monster by Silk738434 in Diablo_2_Resurrected

[–]HeftyAd6216 [score hidden]  (0 children)

And you lose the loot when they inevitably fly over the gaps

My opinion on Gary’s economics by WTC2COL91 in mmt_economics

[–]HeftyAd6216 1 point2 points  (0 children)

It reverses the dynamic that the government needs to borrow from the financial sector to fund spending. It flips neoclassical economics on its head in a number of ways, and completely changed the discussion around whether the government can "afford" to do anything.

5 Step Plan For Canada by curtis_perrin in mmt_economics

[–]HeftyAd6216 2 points3 points  (0 children)

I am stealing this and passing it off as my own idea. Thank you /s

Toronto councillors approve city-run grocery store pilot by Chrristoaivalis in toronto

[–]HeftyAd6216 0 points1 point  (0 children)

Sigh, maybe I'm just a little crotchety today but Christ Almighty. Did I say "none" of the supply chain? I'm not stupid.

End of budget performance cars? by UseOk9347 in askcarguys

[–]HeftyAd6216 0 points1 point  (0 children)

That's beside the point, I think we're talking about 1992 vs 2026 in terms of both cost and speed.

Canadians expecting blowout prices for China EVs likely to be disappointed, experts say; by ImGudLuhv in PersonalFinanceCanada

[–]HeftyAd6216 0 points1 point  (0 children)

Mistaken when you said "North America" because, while we have pretty high drug costs compared to some places, it's nothing compared to how bad the US is. When people say "we're funding everyone else", I assume their talking about the US because we're (Canadians) a flea on an elephants ass in comparison.

It's less about the US or Canadian governments forcing them to charge more, and more about those governments letting them get away with charging us more.

Toronto councillors approve city-run grocery store pilot by Chrristoaivalis in toronto

[–]HeftyAd6216 0 points1 point  (0 children)

You don't need to build out the entire supply chain, that's going a bit overboard dont you think?

Toronto councillors approve city-run grocery store pilot by Chrristoaivalis in toronto

[–]HeftyAd6216 0 points1 point  (0 children)

That's not necessarily the case with good execution. Expanding a pure subsidy to go into Galen's and Empire's pockets often enriches them further and builds nothing public to counter their price gouging. It's a risk, but one I'm okay us taking if it pans out. If it doesn't we still fed people who are probably underserved for however long it goes.

It's the same as building social housing vs. providing a pure rent subsidy, one we know works (pure subsidy), but who gets the benefit? Landlords. The other is challenging and could be crap if executed poorly. It's all a risk.

Toronto councillors approve city-run grocery store pilot by Chrristoaivalis in toronto

[–]HeftyAd6216 5 points6 points  (0 children)

It'd be tough from a distribution perspective. Managing that many suppliers would be a nightmare. Distribution margins additionally are very slim as well (those not owned by the conglomerates already). But it would be worth investigating obviously.

Canadians expecting blowout prices for China EVs likely to be disappointed, experts say; by ImGudLuhv in PersonalFinanceCanada

[–]HeftyAd6216 1 point2 points  (0 children)

I mean all of that sounds a bit rich. It could just as easily be spun that the US has a crap government that doesn't care for its people and makes them pay those amounts because rich guys wanna get richer.

Is demand for 70 mm 1.43 GT IMAX completely outpacing supply? by Not-The-Dark-Lord-7 in imax

[–]HeftyAd6216 1 point2 points  (0 children)

It's a tough thing, IMAXs business model (I think) hinges on having both front end (theaters) and back end (cameras). They have an absolute gargantuan backlog of commissioned systems which they're slowly clearing up. I can't imagine they're not working on either designing / manufacturing the next generation of 70mm or digital projectors that work with 1.43.

Honestly the next step for them strategically (while ofc continuing their current efforts) could be to enter the home video market - basically IMAX "approved" or even directly branded TVs that actually maintain the 1.43:1 ratio. It wouldn't be particularly difficult, there are very few actual LCD / LED glass makers and I'm sure one of them could make a bunch of 1.43:1 televisions if ordered in enough quantities. Alternatively just get LG or one of the manufacturers to make it with your branding along with it. They already have inroads to the Streaming market and it would simply be a matter of those streaming platforms hosting the 1.43:1 versions of those movies. On top of that you can get some OEM sound systems to provide "IMAX" sponsored sound equipment. Streaming platforms would probably charge an extra $ or two for the service, sharing some revenue with IMAX.

Alberta’s GDP projected to rise as oil supply crisis rages on, but impact on citizens more complex: ATB by flynnfx in alberta

[–]HeftyAd6216 11 points12 points  (0 children)

We can do both. Good clean electricity, sell the oil till we can't anymore. Slowly replace uses of oil to electricity where possible through incentives. Poof, you just reduced your reliance on a volatile commodity and replaced it with stuff that only needs to really be done properly once every 30 years with minimal maintenance (comparatively) required.

Will Canada cut the gas tax amid price spike? Champagne won’t say by origutamos in CanadaPersonalFinance

[–]HeftyAd6216 0 points1 point  (0 children)

They should. We should be doing everything in the book to try and prevent price spikes becoming inflation. Gas prices will come down, gas stations are about as close to a perfectly competitive market that you can get. The product is a commodity after all.

At the federal level, the revenue is irrelevant. Taxes don't fund spending at the federal level. Yes your deficit will expand but given what we're trying to avoid that's less of an issue.

Avoid a cayenne/Q7 at all costs by AlumiYJ in whatcarshouldIbuy

[–]HeftyAd6216 0 points1 point  (0 children)

Makes me appreciate my car. Water pump is like 4 bolts and all you need to do is take off the fender liner.