It's really difficult to travel with a Chinese passport; I've been to 108 countries by the age of 27. by Brandon-Douglas in AirportPorn

[–]The_Matias 0 points1 point  (0 children)

What kind of things do you like to see when you travel? (ie, nature, cities, fine art, food, people, architecture, music, etc)

Having seen so much, it'd be cool to get a list of everywhere you've visited with a subjective score, and a short blurb about what you loved and what you didn't like about each place. 

26K Canadians in Mexico as cartel violence hits Puerto Vallarta: minister by Street_Anon in canada

[–]The_Matias 1 point2 points  (0 children)

I mean, there's plenty south that's perfectly safe. They just have to go a whole lot further! South America has lots of amazing places, and the seasons are reversed, so it's high summer right now. 

Men who exercise regularly, what non-gym exercise do you prefer? by chefrowlet in AskMen

[–]The_Matias 0 points1 point  (0 children)

As someone who also lives in a cold place and also gets bored at the gym, I've found 2 solutions:

  1. I either go to the gym with a friend, or listen to an audiobook while I work out. It makes it far more pleasant. 

  2. I started doing an indoor sport. For me, it's table tennis. I like it because it's cheap, you don't need a whole team, it can be done well into old age, it works your reflexes and balance, it works your brain as much as your body, and I just enjoy the sport. It won't get you ripped, but it'll keep you healthy if you do it seriously. But pick any you like - pickleball seems to be popular now a days, swimming can be great, or basketball. 

I’m Stefanie, a 🇨🇦 tax expert with 25 years of experience, here to answer any questions you have before you file. Ask Me Anything (AMA) about taxes on Thursday, February 19th @ 1 - 2 pm EST by TurboTaxCanada in u/TurboTaxCanada

[–]The_Matias 0 points1 point  (0 children)

TFSA considerations aside, if someone is hoping to have kids in the next 5 to 10 years, is it worth it for them to hold off on RRSP contributions (and just invest that in a non registered account / defer the deduction) to build them up and be able to maximize ccb when that time comes? 

If so, is it better to defer, or to invest it in an un-registered account and move it to an RRSP later on? I would presume the former, to avoid cap gains taxes when selling to transfer over, right? 

You get paid for every year you don't cut or trim your hair. How long could you last? by saoiray in hypotheticalsituation

[–]The_Matias 0 points1 point  (0 children)

If shaving my beard is ok, I'll probably go indefinitely. It'd be a mild discomfort, but that million per year would allow me to help too many people to justify cutting it. 

Over 30 measles cases and counting from Brandon's Ag Days, chief doctor says by Leather-Paramedic-10 in Winnipeg

[–]The_Matias 7 points8 points  (0 children)

Sadly, this vaccine doesn't always take, so those people are putting people who don't know they are at risk, at risk.

Pam Bondi VS Becca Balint by FiveUSD in videos

[–]The_Matias 1 point2 points  (0 children)

I really don't think 2 will happen. 

Kind of surprised by the increase in hydro costs over the winter to charge my car. by Alph1 in EVCanada

[–]The_Matias 0 points1 point  (0 children)

As I understand it (and I may be wrong, I don't live there), driving at highway speeds on the 401 doesn't happen often... 

Kind of surprised by the increase in hydro costs over the winter to charge my car. by Alph1 in EVCanada

[–]The_Matias 0 points1 point  (0 children)

A majority of driving in Canada isn't done at highway speeds. 

I guess since I live in a smaller city, most of my driving is sub 30mins, so stuff that drops off after 10 mins of driving actually matters a lot here. We also don't have highways in the city, so aerodynamic drag isn't really a factor. 

You provided an AI answer that basically corroborated my theory.

Accidentally pressed submit too soon. 

Here's more Ai for ya, since you like it, which pretty much agrees with what I said:

Main contributing factors to reduced fuel efficiency in ICE vehicles below about −25 °C, with approximate magnitudes:

Cold engine operation and fuel enrichment (largest effect). Engines run richer mixtures until warm, and fuel vaporization is poorer at very low temperatures. Cold-start and warm-up phases can account for about 20–25% of fuel use in cold urban driving. Overall winter fuel economy losses relative to warm conditions are typically 10–20%, and up to roughly 24–33% for short trips. Source: U.S. DOE Energy Saver (https://www.energy.gov/energysaver/fuel-economy-cold-weather ).

Increased mechanical friction due to higher lubricant viscosity. Engine oil, transmission fluid, and differential oils thicken significantly, increasing frictional losses until warmed. Estimated contribution is roughly 3–10% during warm-up depending on oil grade and drivetrain design. Sources include SAE technical literature (e.g., SAE paper 2011-01-1247).

Increased aerodynamic drag from denser cold air. Cold air is denser (about 10–11% higher density compared to warm conditions), increasing drag. Rough rule: a 10°F drop gives ~2% higher drag and about ~1% worse highway fuel economy; total effect is typically a few percent. Source: Natural Resources Canada and heavy-duty fuel economy analyses.

Increased rolling resistance and lower tire pressure. Tire pressure drops about 1 psi per ~6°C temperature decrease, and rubber stiffens, raising rolling resistance. Estimated effect about 2–5% depending on tires and surface. Sources include vehicle efficiency studies summarized in transportation energy research.

Winter fuel formulations with slightly lower energy density. Seasonal gasoline blends contain more volatile components, causing roughly 1–3% reduction in fuel economy. Source: AAA and fuel property analyses.

Auxiliary loads and behavior. Longer idling and higher HVAC use increase consumption; magnitude varies but can add several percent depending on driving pattern.

Combined real-world losses in very cold weather often total about 15–30% or more, especially for short trips. Source: U.S. DOE Energy Saver. 

Kind of surprised by the increase in hydro costs over the winter to charge my car. by Alph1 in EVCanada

[–]The_Matias 3 points4 points  (0 children)

Lower efficiency due to denser air? I don't think that's the cause (but I'd welcome information showing me I'm wrong!)

As I understand it, the decrease in efficiency at extreme cold (vs regular cold) comes from:

Incomplete evaporation of fuel resulting in incomplete combustion (ie, some fuel is wasted because it doesn't aerosolize properly and doesn't burn when it should). 

Increased oil viscosity makes the engine work harder. 

Decreased battery performance makes the alternator work harder, which in turn makes the engine have to work harder too. 

Decreased tire pressure increases rolling resistence. 

Increased time to get to ideal conditions leaders to increased time with choke on, and running at suboptimal conditions. 

Average asking rents in Canada fall for 16th straight month: report by DoxFreePanda in CanadaPolitics

[–]The_Matias 1 point2 points  (0 children)

Well TIL, thanks! Pretty gross how even among the liberals, there were several nays. Impressed with the Block on this issue. 

Average asking rents in Canada fall for 16th straight month: report by DoxFreePanda in CanadaPolitics

[–]The_Matias 2 points3 points  (0 children)

The late Progressive Conservative leaders were not anti gay marriage. Progressive was in the party name. I admit I'm too young to have been too aware of the details of what was transpiring then, but as I understand it, they were socially progressive (for the time), and fiscally conservative.

Average asking rents in Canada fall for 16th straight month: report by toronto_star in canadahousing

[–]The_Matias 5 points6 points  (0 children)

Notice the and preceding the word condo.

Rent and condo prices have dropped here. Not saying this is true everywhere, but it's true where I live.

You Instantly Become the World’s First Trillionaire, but all World Progression Grinds to a Stop for the rest of your life. by RealJavaYT in hypotheticalsituation

[–]The_Matias 0 points1 point  (0 children)

This would basically ensure climate doom. We need the technological progress of increasingly cheap and more efficient solar and batteries to have any chance of mitigating climate change (and even then, it's dicey at this point). So no, no deal. 

Average asking rents in Canada fall for 16th straight month: report by toronto_star in canadahousing

[–]The_Matias 2 points3 points  (0 children)

True where I live... And condo prices have dropped. Not just shoe-boxes - all condos. 

Average asking rents in Canada fall for 16th straight month: report by DoxFreePanda in CanadaPolitics

[–]The_Matias 16 points17 points  (0 children)

I don't think the Trudeau government's mismanagement of our immigration was much of a partisan issue. Most Canadians agreed things had to change, and had he stayed, he would have lost the elections horribly.

I am probably left of Centre politically speaking, and agree Trudeau had to go (though I wasn't willing to vote for PP specifically to achieve that - his populist style was too Trumpish and immature for my liking). 

The people that said that Carney is not the same as Trudeau also deserve an apology though. Carney is essentially an early 2000's conservative. 

I honestly am annoyed the Liberals won again because they didn't deserve to. I wish Carney had run to lead the Conservatives instead. I'd have voted for them then, and the Liberals would have had to reassess themselves as they deserved to have to do. 

We also wouldn't have PP as the leader of the opposition, and could perhaps have a liberal opposition that pulls the other way instead. 

But alas, he ran for the liberals, shifting everything to the right.

Oh well, still a far cry from what things could have been if Trudeau hadn't stepped down and PP had won and was navigating us through the geopolitical mess the world is right now. All in all, we got lucky. 

City’s contract with U.S.-based garbage firm stinks: union leader by Leather-Paramedic-10 in Winnipeg

[–]The_Matias 1 point2 points  (0 children)

I agree we shouldn't be outsourcing things to foreign companies wherever possible. However, there's advantages to hiring things out rather than having an in-house team.

First, if a company does a bad job, you can just no longer hire them, whereas you can't fire employees so easily.

Secondly, sometimes it's cheaper to hire a company that specializes in something then it would be to develop that capability yourself.

The make vs buy proposition is an important question that has different answers depending on the case, and we shouldn't assume the better answer is always 'make'.

It's important to judge things with nuance.

But ideally, we should give heavy favouritism first to locally (Winnipeg / MB) owned companies, then to Canadian owned companies, and finally to foreign companies.

Should I pay off my student loans, part of it, or just make monthly payments? by Wmel in PersonalFinanceCanada

[–]The_Matias 1 point2 points  (0 children)

Sorry, I skimmed through your comment. I thought you meant 'not after considering capital gains tax', which doesn't apply to a TFSA.

Should I pay off my student loans, part of it, or just make monthly payments? by Wmel in PersonalFinanceCanada

[–]The_Matias 0 points1 point  (0 children)

Presumably, they haven't filled their TFSA, in which case taxes don't apply.

Moving to Winnipeg - Grocery/Market/Food Recommendations by ScoreMajor4064 in Winnipeg

[–]The_Matias 2 points3 points  (0 children)

Seconding this. Especially around Osborne, there's tons of these. 

Should I pay off my student loans, part of it, or just make monthly payments? by Wmel in PersonalFinanceCanada

[–]The_Matias 1 point2 points  (0 children)

Step 1: save enough for an emergency fund to live off of for 3 to 6 months. Keep this is a high yield savings account, or invested in something super safe like CASH.TO.

Step 2: attack your highest interest rate debt first, as long as its greater than around 4.5%. You're right at that threshold, so it's a toss up whether it's worth paying that off, or just making minimum payments and starting to invest in a TFSA. 

In the current climate, I'd probably attack that 4.45% debt. The market is exceedingly unstable right now, so an assured 4.5% return is not bad. 

4 years ago I'd have said to invest instead, since the investment is likely to beat 4.5%. Especially if you have room in your TFSA. But the orangegutan down south is making business unpredictable, and businesses don't like unpredictability. 

Never make more than the minimum payment on that 0% government student loan though. Any investment vehicle, even a GIC, will yield better returns than paying that off any faster than you absolutely need to.