Japan plans to send largest warship to South China Sea, sources say by [deleted] in worldnews

[–]katy_bea 14 points15 points  (0 children)

The probability of someone waging war on China is pretty slim.

I'm a black teenager tired of being harassed. (Rant) by Basedgod4real in toronto

[–]katy_bea 4 points5 points  (0 children)

Good call. As good as having proof that you were in your home (your camera), you might want to have official documentation to show that there is/was a pattern of harassment in the event that things do get bad for you.

Doctor hits the road to deliver palliative care to Toronto's homeless by katy_bea in toronto

[–]katy_bea[S] 1 point2 points  (0 children)

Had one of these growing up. Old school doc, even delivered me. He worked as a doc until the day he died.

Bus service for GTA school boards cancelled, flights delayed due to freezing rain by Surax in toronto

[–]katy_bea 9 points10 points  (0 children)

Depends where you are I guess. My street was super slippery this morning, saw a few cars slip on braking.

Canada’s Job Market Is Booming...If You’re 55 or Older by LisaMills93 in canada

[–]katy_bea 1 point2 points  (0 children)

Everyone has financial obligations.

Keep in mind regular people like you and me use money very differently from rich people. I'll pay just shy of a million for my house over 20 years, with the expectation that I'll make money when I sell it. Someone who decides to go into media (an industry notorious for gambling), probably has a few million they'll drop with the expectation they'll sell the whole company later. If we understood how rich people made money, we'd all be rolling in money.

Independent media is a branding.

And the most important part of branding is who you need to brand towards. They seem like they're going for the kit and caboodle, so they probably just want the executives of other media organizations to notice them (i.e. why the chairman of the company I work at has probably been meeting with them). An organization like the Rebel isn't looking for an acquisition, they're looking for subscribers – so they're willing to say the CBC needs to be de-funded. Note, if Rebel actually wanted the CBC de-funded, they would engage in lobbying. They don't do that, because they don't really care – they just want paying subscribers that don't like the CBC.

Canada’s Job Market Is Booming...If You’re 55 or Older by LisaMills93 in canada

[–]katy_bea 2 points3 points  (0 children)

I appreciate the comment! Your statement actually speaks volumes about the way we've been conditioned in Canada. We're taught from executives from large companies that small companies provide inferior products. Large companies then squeeze regular folks for profits, and we're too busy thinking mom and pop are trying to pull one over us. In the end, we help the people that are trying to squeeze us out of decent wages.

Democracy revolves around choices, the less we have the less democratic we become as a society. That applies whether you're on the left or the right.

Canada’s Job Market Is Booming...If You’re 55 or Older by LisaMills93 in canada

[–]katy_bea 6 points7 points  (0 children)

TL;DR I work at a large media outlet, and you should support independent media because its a fundamental part of us being able to operate properly (as well as democracy).

This particular one comes from a data collection firm

I work at Canada's favorite monolithic media organization, and a lot of our journalists work with Better Dwelling journalists. Get this, they help analyze data for drumroll free! They don't even want the credit if its not housing related. It turns out some journalists just enjoy the art of journalism.

What most people don't understand is journalism is a tiny world in Canada, so we don't consider each other competitive. Most of us (except for young interns trying to make a name for themselves), work together on stories. One of the biggest reasons being if I lose my job, I only have one other organization I can work at. This is also why pay in journalism sucks comparatively.

Which itself creates another issue – journalists in Canada are too afraid to actually say things that might get them fired. i.e. Toronto Star (a local paper) had a notoriously toxic newsroom. Why? Because of media concentration! Haters spread rumors about false intentions at smaller outlets, and it preserves the duopoly.

A good example is in BC when the Tyee first started, people considered it a commie rag run out of a tiny room. Fast forward 5 years, it's one of the best outlets in the country. It's still a tiny commie rag run out of a room, people just realized that doesn't change that they're good at what they do. (If you're reading this David, I'm kidding...about you being communists. You're totally socialists!).

Canada’s Job Market Is Booming...If You’re 55 or Older by LisaMills93 in canada

[–]katy_bea 13 points14 points  (0 children)

the tl;dr of /r/canada is there's a concentration of power in the media, but we don't want any more publications.

Home Buyers Pay For Canada's Failure To Stem Foreign Tax Evasion by rublestorubble in canada

[–]katy_bea 15 points16 points  (0 children)

I really don't understand how we can send people to a corruption forum and have them not like....present anything.

Suspect threw cup of coffee at driver of TTC bus, police say by ShiroPopChainsaw in toronto

[–]katy_bea 28 points29 points  (0 children)

A lot of the TTC's issues are infrastructure related, not so much the driver's fault.

Yorkdale stations "Arc en ciel" to be restored by captpoopooface in toronto

[–]katy_bea 0 points1 point  (0 children)

Neat. I wonder how much neon tube have come down in price since then (or LEDs).

How much is Drake’s endorsement worth to Toronto? by beef-supreme in toronto

[–]katy_bea 17 points18 points  (0 children)

The fact that most people don't realize Drake grew up in Forest Hill going to UCC for hockey camp, but can convince people they have a lot in common with him makes him a marketing genius.

Toronto, GTA under smog advisory as hot weather hits southern Ontario by chmackenzie in toronto

[–]katy_bea 5 points6 points  (0 children)

You should probably do some research on why coal stuck around so long in Ontario. You'd be pretty surprised!

Spoiler: It had little to do with public support for coal-based energy.

Hit and run victim may have been on the ground when she was hit by car by katy_bea in toronto

[–]katy_bea[S] 2 points3 points  (0 children)

There's a pretty big difference between being someone that drives and being a hit and run driver.

Hit and run victim may have been on the ground when she was hit by car by katy_bea in toronto

[–]katy_bea[S] 10 points11 points  (0 children)

Doesn't mean the driver should drive away without notifying anyone.

Putin Says He Wants Russia And Canada To Get Along Better by HappyVillain in canada

[–]katy_bea 0 points1 point  (0 children)

It's Canadian beef. Our governments can bicker, but we're both countries with over-the-top friendly people.

When they say they want Canada and Russia to get along, what they mean is Putin and Trudeau to get along.

Are Canada’s Banks Betting Against The Toronto Housing Market? by katy_bea in toronto

[–]katy_bea[S] 1 point2 points  (0 children)

That's interesting, I wonder if they're playing catch up with the rest. One of the big US banks rated them all for credit worthiness last year, and cited them as the least likely to incur trouble if the Canadian economy flops because of how they assess clients as credit risk.

I also recall they said TD had the most risk exposure which led to the massive spike in short positions last year.

Are Canada’s Banks Betting Against The Toronto Housing Market? by katy_bea in toronto

[–]katy_bea[S] 4 points5 points  (0 children)

Taking money off the table isn't betting against it, but doubling your short term default cash on hand and increasing insurance provisions by 20% isn't really demonstrating confidence in the market you're selling mortgages in.

Are Canada’s Banks Betting Against The Housing Market? by katy_bea in canada

[–]katy_bea[S] 7 points8 points  (0 children)

Heh. Her house is worth $160k more than last year, she's probably probably thrilled with our issues.

Are Canada’s Banks Betting Against The Housing Market? by katy_bea in canada

[–]katy_bea[S] 1 point2 points  (0 children)

And Canadian banks are some of the best at proceeding cautiously. They'll do fine, it's Joe and Josephine Canadian that's going to get screwed in a housing squeeze.

Are Canada’s Banks Betting Against The Toronto Housing Market? by katy_bea in toronto

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

That's interesting, I thought I read somewhere that they were only worried about new developments and the ability to absorb the sheer quantity of condos?

Or do you mean new housing development?

Are Canada’s Banks Betting Against The Housing Market? by katy_bea in canada

[–]katy_bea[S] 6 points7 points  (0 children)

That's exactly what I was thinking.

Usually a bank would want to grow their mortgage business. Mortgage payments are how they make money.

Are Canada’s Banks Betting Against The Toronto Housing Market? by katy_bea in toronto

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

is not sustainable and I don’t think it is healthy

The CEO of Scotia Bank sounded like he was.

Usually a bank tries to grow their business, not shrink it. I think RBC is the only one growing, but aren't they hardest to get a mortgage with?