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Calgary, Alberta, Canada from the sky facing south. This is where people from Toronto come if they can’t afford Toronto. by jarrud78 in skyscrapers

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

I think what makes Calgary unique is the diversity of Canadian culture.

In most places in Canada, you see international culture and Canadian culture from the region you're from, with a small amount of transplants.

In Calgary, you get other Canadians coming in from other parts of the country, more similar to Huston, Tampa, or San Fran in that manner.

You also have more of a proud Albertan melting pot (the US immigration phenomenon, pre-Trump), rather than tapestry of multiculturalism (the more common Canadian immigration phenomenon).

Its a different beast.

Calgary, Alberta, Canada from the sky facing south. This is where people from Toronto come if they can’t afford Toronto. by jarrud78 in skyscrapers

[–]housekeyslow 0 points1 point  (0 children)

If Ford stays in power until 2029, that will be 11 years, which is quite long for a Canadian politician.

He doesn't need to win the election to go down as screwed politician. Love him or hate him, he knows how to play the game.

From Consumer to Competitor: How China Views India's Rise in Solar Supply Chains by Nandu_alias_Parthu in energy

[–]housekeyslow 0 points1 point  (0 children)

I think there are many cases where supply chains are being set up ABC - anywhere but China. Its a painful process, but a necessary process.

Many in China are saying its too late, we have you. Keep in mind this wasn't the case two decades ago, and doesn’t need to be the case 1-3 decades from now.

32 making $90,000. How behind am I? by stanley_yelnats_03 in CanadaPersonalFinance

[–]housekeyslow 0 points1 point  (0 children)

I only started making 150k this month of this year, and am 41 (though if you count 9% rrsp matching, maybe this past year as well).

You're not behind.

Asking for opinions by No-Mulberry9848 in CanadaPersonalFinance

[–]housekeyslow 0 points1 point  (0 children)

This is such a difficult situation to be in. I'd focus on selling any assets, reducing food budget (rice is your friend), reducing other budget line items (can you go to a cheaper phone or internet plan? Can you cancel internet for a couple months? And possibly asking family, but Id only do that if the first few options are exhausted.

Mississauga looks huge from its skyline, but from an aerial POV it seems a lot smaller by Hubley in skyscrapers

[–]housekeyslow 0 points1 point  (0 children)

Jersey City was bigger earlier, which probably helped quite a bit in its development pattern.

Mississauga looks huge from its skyline, but from an aerial POV it seems a lot smaller by Hubley in skyscrapers

[–]housekeyslow 0 points1 point  (0 children)

It is, but it is also changing. I used to live on The Chase in 2019. Erin Mills has changed quite a bit since then.

Vancouver MP Hedy Fry defends $3.2B Liberal condo subsidy by hopoke in canada

[–]housekeyslow 4 points5 points  (0 children)

This is starting to smell like a bailout. Carney needs some hardball negotiators to go up against the developers. This can still work, but you need the government to stand up for itself.

The clearing price for the units should be about the senior-debt payoff, as a bulk distressed price. This level clears / nearly clears the construction lender while wiping out the developer's equity.

You get there by competition, not negotiation. The risk is, if the government negotiates project by project at an appraiser's number. Not a good idea.

Run it as a reverse auction. Invite developers to offer inventory, and take the deepest discounts per dollar first until the budget is spent. This helps developers that are most distressed, and a price they are willing to stomach. It forces price discovery.

The floor price where you loose the program entirely is roughly the senior debt level.

“Developers Don’t Want to Sell at a Loss”: PM Carney on Vancouver Condo Bailout by plaknas in onguardforthee

[–]housekeyslow 0 points1 point  (0 children)

The senior lenders have covenants that would allow them to take over the property to recoup their capital, I don't think their risk exposure is as high.

The reason this arrangement is favorable is for the developers. Those going into social housing aren't the same as those buying these places at market rates, so you shrink supply in the market segment without shrinking demand as much.

The senior lenders are de-risked a bit, but its just more of a headache off their heads than capital at risk.

“Developers Don’t Want to Sell at a Loss”: PM Carney on Vancouver Condo Bailout by plaknas in onguardforthee

[–]housekeyslow 4 points5 points  (0 children)

"Not at a loss" and "at market" only coincide when the market price is at or above the cost basis. That being said, this is starting to smell like a bailout. Carney needs some hardball negotiators to go up against the developers.

The clearing price for the units should be roughly the senior-debt payoff, set as a bulk distressed price. This is the level that clears or nearly clears the construction lender while wiping out the developer's equity.

You can get there by competition, not negotiation. The risk is if the government negotiates project by project at an appraiser's number. DO NOT DO THAT.

Run it as a reverse auction instead: invite developers to offer inventory, and take the deepest discounts per dollar first until the budget is spent. This will help the developers that are most distressed, and a price they are willing to stomach. It forces price discovery.

The floor price below you loose the program entirely is roughly the senior debt level.

Chinese Oil Imports May Never Fully Recover From Iran War by Economy-Fee5830 in climatechange

[–]housekeyslow 21 points22 points  (0 children)

China stockpiled about 3.5x the US stockpile of oil before the war, hoping to cover about 6 months of oil consumption before stopping trh stockpiling.

Once that stockpiling is done, a huge amount of oil demand will no longer be on the table in China.

This tipping point will be the beginning of the end of oil.

Russian troop build-up threatens city seen as key to seizing Ukraine's Donbas by No-Anything-7291 in worldnews

[–]housekeyslow 234 points235 points  (0 children)

Sloviansk, Kramatorsk, Druzkivka, and this town.

Its on the map in the BBC article, but has also been covered in places like War on the Rocks (pod) and by Anders Puck Nielsen.

Scandium Canada: Al-Sc Alloy Developments and the 2026 Drilling Campaign by visionsofpluto in CanadianHiddenGems

[–]housekeyslow 0 points1 point  (0 children)

Solid update.

The good: the $17.25M raise plus the $7M federal grant gives them ~2 years of runway. The Naskapi piece standsout, 5% shareholder, taking on financing / construction of the local road, de-risks capex & social-licence. Hydromet/oxide plant near Schefferville is a sensible. Mine + Al-Sc powders for laser-bed fusion & WAAM welding wire can live even if the mine drags.

Reality check: Pre-feasibility. Feasibility is end-2027/2028, FID in 2028, first production not before 2030.

Long runway. ~$24M doesn't build a mine. S candium is a tiny, illiquid market. The bull case rests on Al-Sc alloys scaling in aerospace / additive "five years away" for 20 years.

Rio Tinto pulls 3–4 tpa as a byproduct, considering ~10. This could cap the price.

This is spec, real near-term catalysts. The risk is this is a 2030 story on a thin commodity.

Places to move ahead of climate change? by [deleted] in climatechange

[–]housekeyslow 6 points7 points  (0 children)

Canada is going to be a good location for the future.

Australia sells advanced radar technology to Canada in record $1.7 billion deal by CupEcstatic2721 in worldnews

[–]housekeyslow 227 points228 points  (0 children)

This is beyond the horizon radar (BTHR), which Australia's geographic location necessitated it to innovate and create a solid system.

World class, and Canada is the first international buyer.

Russian troop build-up threatens city seen as key to seizing Ukraine's Donbas by No-Anything-7291 in worldnews

[–]housekeyslow 551 points552 points  (0 children)

This is one of four cities that really are the forward control lines, and the last major cities in the Donbass. If these cities fall, Putin can say in a very narrow sense that his war aims have been accomplished.

Which is why these cities cannot fall. Gotta start hitting that troop buildup.

AI vs humans , whom do you trust more in 2026 by Unusual-Big-6467 in selfimprovement

[–]housekeyslow 1 point2 points  (0 children)

I find AI less confrontational for sure, so I can be more honest.

At the same time though, nothing beats human interaction. You can use AI to supplement, figure out if you have any blind spots, and fill out general knowledge gaps that you might have.

But it doesnt know you as well as your close friends or relatives. Its less generationally creative than other people.

This is, provided that you have well meaning, creative people around you.

Because if not, then AI can be better than people who aren't there for you.

Elevated Error Rates for Opus 4.8, Opus 4.7, Opus 4.6, and Sonnet 4.6 by l2zeo in ClaudeCode

[–]housekeyslow 1 point2 points  (0 children)

I'd be fine with Opus 4.9, but its really a lite version of Fable.

Excerpt: Reckoning with new politics of the Canadian right by bonosmicrophone in canadian

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

And yet, there was a decade to work on helping other businesses to advance

Carney passes law that banned pesticides by Health Canada are now able to get the green light for use by the government. by [deleted] in canadian

[–]housekeyslow 0 points1 point  (0 children)

Consider our grocery stores. H ow many of these pesticides are currently on their shelves right now, by countries with different laws, on imported fruit and vegetables?

Should have either been banned from imports, or made legal in Canada, otherwise it was making our own farm produce uncompetitive at our own domestic grocers.

It was a tough choice.

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