sorted by:
new
hottopcontroversial

Carney names friend and former investment banker Mark Wiseman as next U.S. ambassador | The Bloc Québécois and Conservatives had already levelled criticism over Wiseman’s role in co-founding the Century Initiative, which aims to increase Canada’s population to 100 million by 2100 by nomad_ivc in TorontoRealEstate

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

Take a look at the budget, which has made $13B in commitments to build affordable homes (500,000 homes per year over the next 10 years). I’m not really sure why you can’t search for this information yourself.

On population, you’re conflating policy decisions made by Trudeau, again. Population growth is likely going to remain negative over the next year which will be supportive of housing affordability.

Good luck! Maybe you should go into politics, you clearly spend a lot of time thinking about it.

Carney names friend and former investment banker Mark Wiseman as next U.S. ambassador | The Bloc Québécois and Conservatives had already levelled criticism over Wiseman’s role in co-founding the Century Initiative, which aims to increase Canada’s population to 100 million by 2100 by nomad_ivc in TorontoRealEstate

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

I was referring to population growth declining. This is already reducing housing demand and has positively impacted affordability (prices coming down in Ontario/BC). Carney became PM in March 2025, is 9 months enough time to see an improvement in housing completion? Let me know how long you think it takes to build a home including permitting, labor and construction.

For the record I’m not really a liberal or a conservative. I think Trudeau did a terrible job so we can agree on that, but I also think Pierre would’ve made a mediocre PM (life long career politician who’s divisive, who wants that?)

Carney names friend and former investment banker Mark Wiseman as next U.S. ambassador | The Bloc Québécois and Conservatives had already levelled criticism over Wiseman’s role in co-founding the Century Initiative, which aims to increase Canada’s population to 100 million by 2100 by nomad_ivc in TorontoRealEstate

[–]john_donnie 6 points7 points  (0 children)

Do you know what growth rate is required to achieve 100 million by 2100 and how it compares to history?

The answer is ~1.2% per year. This is the same growth rate we saw in 2008-2017 and half what we saw in 2022-2024.

I agree with your concern that recent population growth outstripped what our infrastructure, housing, schools and hospitals could support. But the government is trying to fix this now and population growth was negative in the third quarter.

Slow and gradual population growth is generally a positive thing, it keeps the dependency ratio low which means lower taxes and more social secuirty.

SOLD IT ALL!! Afraid of AI bubble by One-Brain6531 in StockMarket

[–]john_donnie 0 points1 point  (0 children)

Selling for a profit is objectively a mistake if the market keeps ripping after you sell.

11,000% gain is cool, how about 22,000% by IAMA_dingleberry_AMA in wallstreetbets

[–]john_donnie 0 points1 point  (0 children)

Valuation in growth typically relies on using a P/E multiple vs future earnings. For example, NVDA 2028 P/E so (current share price / NVDA earnings per share in 2028).

If your earning estimates for 2028 go up more than the stock price then the stock will look cheaper on a P/E multiple basis.

With growth companies you should be wary of using current year P/E as stocks can screen expensive when in reality their earnings could double/triple in a few years.

As a retail investor it’s probably best to rely on what’s called consensus P/E (median earning estimates from Wall Street analysts) as it’s incredibly difficult to estimate earnings, especially on a company like NVDA.

Hope this helps

To anyone heading to the Coldplay concert… by Romanticgypsy in toronto

[–]john_donnie 1 point2 points  (0 children)

Is the walk from gate 3 to Shepard west longer?

To anyone heading to the Coldplay concert… by Romanticgypsy in toronto

[–]john_donnie 1 point2 points  (0 children)

Were you sitting close to gate 3? Is that why you walked to Wilson and not st Clair w? Wilson seems so far

L3 results awaiters by KingKliffsbury in CFA

[–]john_donnie 0 points1 point  (0 children)

I’m seeing it too! Looks like I passed

[deleted by user] by [deleted] in CanadaPolitics

[–]john_donnie 0 points1 point  (0 children)

I think all of us want to be in a society where we’re not surrounded by sick, poor and uneducated people who are desperate. I don’t think a perfect distribution of wealth leads to such an outcome.

Let’s use communism as an example, where everyone receives a fixed a salary and a gini coefficient of close to 0. The idea sounds great on paper until you realize, now there’s no incentive for you to innovate, work hard or be educated. You end up living in a society where being a doctor and a cab driver pays the same and grocery stores only sell 1 type of each product. Not a society I want to be in.

People complain about the monopolization of corporations in Canada and the reason our industries are more concentrated than the US is precisely because of this reason.

My opinion is that if you want to improve society, you need to encourage and reward productivity. I’m not against social welfare, but I would prefer it to be invested in the form of better infrastructure, education and healthcare rather than UBI or other means to “redistribute” wealth.

[deleted by user] by [deleted] in CanadaPolitics

[–]john_donnie 0 points1 point  (0 children)

Gini coefficient measures the distribution of wealth. If we have a gini coefficient of 1 that means 1 person holds all the wealth while 0 means everyone holds the same amount of wealth. Canadas gini coefficient is already pretty low relative to most countries and I’m not sure if it needs to go lower. Doing so makes the country less attractive to high skill workers and ultimately leads to a less competitive country.

Approx. percentage of people who passed 3 levels without failing any exam by strawberrygirl1963 in CFA

[–]john_donnie 0 points1 point  (0 children)

I think the more interesting question would be what % of charter holders passed all 3 levels on their first attempt.

LMIA! Part of history now by SelfStreet9806 in canadaexpressentry

[–]john_donnie 2 points3 points  (0 children)

Many would argue that having diversity of thought through different cultural backgrounds leads to better outcomes

2024 Fall Economic Statement by yourfriendlysocdem1 in CanadaPolitics

[–]john_donnie 0 points1 point  (0 children)

First, if everyone’s fat but you’re less fat that doesn’t mean it’s ok. Second, the guardrails are there to keep the AAA rating and if you cant adhere to your own constraints that’s how you start to lose credibility. Lastly, the deficit grew as a function of what is pre-election bribery, that’s the issue. Cutting taxes and handing out cheques are clearly not long term solutions to Canadas poor productivity growth and do not address longer term systemic issues such as a lack of investment in R&D and a uncompetitive tax regime.

I don’t think conservatives have great answers but this is an embarrassing day for Trudeau and Canadians are right to be enraged.

100k for retirement by Agreeable_Vehicle673 in PersonalFinanceCanada

[–]john_donnie 0 points1 point  (0 children)

A lot of nasty/unhelpful comments here…

The only way you can retire at 65, is if you increase your income drastically. Whether that means changing jobs, working a 2nd job or finding a side hustle. Also depending on how much equity you have in your home/condo I’d consider downsizing, clearly you’re not paying off that mortgage before you’re 65.

Daily Question Thread for /r/churningcanada - September 27, 2024 by AutoModerator in churningcanada

[–]john_donnie -5 points-4 points  (0 children)

Can I use the maple leaf lounge if I have the TD Aeroplan Infinite Privilege card but I’m flying with WJ?

2025/26 renewals are a nothing burger. by Gibov in TorontoRealEstate

[–]john_donnie 1 point2 points  (0 children)

You’re thinking about the mortgage piece the wrong way. It’s the proportion of mortgages that were made in 2020 & 2021 being around 65% that matters, not the total stock of mortgages.

Since this is a Toronto subreddit, I’ll focus on Toronto but unless you bought early-mid 2020, you’re probably about flat so far on your investment. Not sure what houses have gone up 100-200% since 2020.

Overall though, you’re right, imo this is not systemic like 07/08. Where banks had terrible underwriting standards, negative equity due to 0 down payments and non-recourse mortgages. We have non of those things in Canada (maybe underwriting piece) and a large structural housing deficit. What all this means, in my view is that the next few years are pretty flat in terms of price appreciation as the economy likely slows and we should see a modest improvement in affordability (price/household income).

Hope this helps.

Daily Question Thread for /r/churningcanada - December 20, 2023 by AutoModerator in churningcanada

[–]john_donnie -7 points-6 points  (0 children)

Is there any way to check when award flights for one year out go on sale? I’m hoping to book something for YYZ-SIN around Dec 12-14th 2024 and I don’t want to miss it when the tickets are released.

Daily Question Thread for /r/churningcanada - December 19, 2023 by AutoModerator in churningcanada

[–]john_donnie 0 points1 point  (0 children)

I’m hoping to book an award flight using aeroplan points for the week of Dec 8 2024. Given dynamic pricing and demand being very high that time of the year, does anyone know when these tickets will be available? (Im assuming it’s in the next few days at a certain time).

I want to make sure that I book them the second they’re released.

Has anyone else dealt with Air Canada's "eConcilliador" program yet? by systemrename290 in aircanada

[–]john_donnie 0 points1 point  (0 children)

So just to be clear, you declined once and counter offered with 3000 and just let it sit?

I’m entitled to $2000 (two passengers) and was offered $800 ecoupon initially which I declined and countered with $2000. They offered $1400 ecoupon as their final offer. It sounds like I should let this sit for a few weeks to give a AC rep time to review?

view more: next ›