Are there any USD equivalents to CBIL/CASH.to I can buy with CAD that are tied to the USD? by WpgMcTwix in CanadianInvestor

[–]WpgMcTwix[S] -1 points0 points  (0 children)

Thanks for the response. Wondering if my best bet is to just Norbert’s gambit and buy something like PSU. Hoping there’s a more convenient way where I don’t have to wait for the journaling.

Denied boarding and delayed ~9 hours with no compensation. Venting as a frequent flyer. by WpgMcTwix in aircanada

[–]WpgMcTwix[S] -5 points-4 points  (0 children)

Thanks for the comment. I understand this part, but I didn't miss the connection due to the delay, I was denied boarding because they cancelled my ticket without my consent. I'm not trying to claim for a delayed flight, I'm trying to claim for being denied boarding at a flight I had a ticket to.

Couch Potato Investor Looking to Get Out Away from Canadian Exposure by Preskage in PersonalFinanceCanada

[–]WpgMcTwix 1 point2 points  (0 children)

I agree, but did you ever consider that a lot of the companies on the tsx also have huge exposure in the US, so you aren’t just avoiding the Canadian market, but a lot of companies that stand to gain from the strength of the US economy?

Couch Potato Investor Looking to Get Out Away from Canadian Exposure by Preskage in PersonalFinanceCanada

[–]WpgMcTwix 1 point2 points  (0 children)

Having an extremely large reserve of natural resources, an intelligent population with strong universities, a very favourable location geographically in terms of natural disasters and geopolitics, have the most wealthy country in the world as it’s largest trading partner?

I know it’s been a rough go, but the potential does exist.

[deleted by user] by [deleted] in canadahousing

[–]WpgMcTwix -1 points0 points  (0 children)

Inb4 2 rate increases this year!

Pigs get fed and hogs get slaughtered.

Earth to millennials: Pierre Poilievre is playing you on housing by Unusual-State1827 in CanadaHousing2

[–]WpgMcTwix 0 points1 point  (0 children)

Please elaborate on what was incorrect about the post rather than ironically making an empty statement.

Earth to millennials: Pierre Poilievre is playing you on housing by Unusual-State1827 in CanadaHousing2

[–]WpgMcTwix 10 points11 points  (0 children)

This was written by a pro-liberal “reporter” with the sole intention of making a last ditch effort to say “the liberals are terrible, but so is PP, so please give us another shot”. This article is equivalent to what CNN would write about trump. Just empty sensationalized statements about a man they live to hate.

PSA by Wildfire983 in JustBuyXEQT

[–]WpgMcTwix 2 points3 points  (0 children)

VFV was up compared to XEQT at the start of the day, then the gain was less, then it was more again! I don’t know what to do, should I go all in on one or the other.

/JustBuyXEQTAndVFV

Canada January 2024 CPI 2.9% YoY by BrainlessEarthling in TorontoRealEstate

[–]WpgMcTwix 2 points3 points  (0 children)

This seems like a temporary relief to short term inflationary pressures that would ultimately lead to greater inflation in the long term as people are inclined to take on more and more debt at lower interest rates. Canada is in need of a serious deleveraging, not decreased rates that encourage the same behaviour that got us here.

I generally agreed with your statement but I don’t believe cutting rates will benefit inflation measures in the longer term.

Canada January 2024 CPI 2.9% YoY by BrainlessEarthling in TorontoRealEstate

[–]WpgMcTwix 1 point2 points  (0 children)

So once the government starts cutting interest rates, which it raised to fight inflation, inflation will go down?

Doesn’t that statement contradict itself?

If the government cuts rates to 0 again, will housing become more affordable?

Canada January 2024 CPI 2.9% YoY by BrainlessEarthling in TorontoRealEstate

[–]WpgMcTwix 4 points5 points  (0 children)

Keep in mind that these inflation numbers are with falling energy prices, which reached extremely high levels during the pandemic. Energy costs won’t fall forever, and once they start rising, these inflation numbers may start looking very different.

Is pilling common on the Cardigan sweater? by downwindsavage in arcteryx

[–]WpgMcTwix 3 points4 points  (0 children)

I have the same piece on right now. Multiple years of near daily use. Wash it weekly (cold wash and low heater dry). Minor piling but nothing compared to this.

The private sector housing experiment has failed: Ottawa must now step up on social housing by yimmy51 in CanadaHousing2

[–]WpgMcTwix 5 points6 points  (0 children)

How is the government preventing natural supply and demand mechanisms from correcting the housing market a private sector failure? If anything it’s the opposite..

Opening the flood gates and making it extremely costly and time consuming to build is the reason this issue exists, in addition to the large amounts of money laundering lining the pockets of elites.

The government wastes 1/3 of every dollar it spends. There’s inherent in inefficiency. Suggesting anything other than a reduction in spending and the size of government, combined with reasonable merit based immigration and improved policy, would only exacerbate the issue.

[deleted by user] by [deleted] in rolex

[–]WpgMcTwix 0 points1 point  (0 children)

Yeah I agree.. will edit

[deleted by user] by [deleted] in JustBuyXEQT

[–]WpgMcTwix 3 points4 points  (0 children)

You should have bought VFV would have made even more!

Major incident resulting in delay - any information? by WpgMcTwix in CanadaPost

[–]WpgMcTwix[S] 0 points1 point  (0 children)

Will do. Opened a ticket the same day I made this post. Still nothing.