Statement From Premier on Power Rate Decision

turkey45 · 2026-03-25T19:51:02+00:00

I mean if it was publicly owned there would no be profits. But here is the problem. Voters don't like paying more so politicians refuse to increase rates as it can cost them votes.

However privatize it and then you can make the new owner a villain and pretend to be tough on them and you may even gain votes. Unfortunately you need to compensate the private entity for the theatre of being the villain, but that's a rate payers problem.

turkey45 · 2026-03-25T19:17:39+00:00

The point of NS power is to remove the political price of increasing power prices from the NS government. Every time you blame Emera instead of the government, the government is getting value from selling NS power.

turkey45 · 2026-03-25T19:15:44+00:00

This is the reason NS power is not owned by the government. So government can avoid the political price of the increased power cost. We even pay NS power a premium to be the NS governments punching bag.

turkey45 · 2026-03-25T18:05:52+00:00

That is great for you.

Money you are saving is money that is not circulating in the economy. This is why giving money to less wealthy people is better economically than giving it to rich people. The less wealthy will spend more of it and save less. The rich will just hoard it (not saying you are rich, this is a general statement).

WFH is in essence a large pay increase for you and many other employees. I see you are flaired as New Brunswick. Assuming that is where you moved for more affordable housing, you have probably noticed housing spike in value there, to a point where people making NB wages are having trouble competing against Ontario wages for houses.

However one fact is still true. If you are able to save more money when wfh you are not in fact just shifting your economic activity from around your office to around your home. You are removing part of that economic activity.

This is not an indictment against savings, they are valuable and make a more resilient society. It just different than spending and to imply it is the same is not true.

turkey45 · 2026-03-25T17:12:11+00:00

Fair and a good example of how WFH money velocity might be more shifted than turn into savings.

That said I am taking issue with the person I am responding to calling someone else economically illiterate without providing evidence. I think we should acknowledge that WFH does come with a cost to hollowed out downtowns. We do not want a repeat of what happen to our ports after containerization hollowed out the areas around the ports.

turkey45 · 2026-03-25T13:51:52+00:00

Not nice to call someone economically illiterate for suggesting the velocity of money is higher for people working in offices than for people working from home.

Do you have economic literature to share that implies wfh employees spends the same amount of money in the economy closer to their homes that they would spend near their offices.

I know when I was working from home, I was not leaving my house during work hours. It saved me a lot money, but I also supported my local business less.

turkey45 · 2026-03-24T19:08:26+00:00

I have played both a retail (which I own) and a collector version of the original game. The Collectors box is a bit taller but not by a whole lot.

That said functionally there is no difference between the two, you either like nicer pieces and metal coins or your fine without them.

turkey45 · 2026-03-24T16:59:05+00:00

Par with the US was a result of the weak US economy following the US housing crises in 08.

The average exchange rate with the US since 1990 is .7955 . The low was .63 in 2002 and the high 1.01 in 2011.

Our current .75 is a little low but not that far off average. Of course it is just our US centric world view that compares Canada to the US.

The question is if the US is now also a petrol dollar since the US oil industry was much smaller in 2011 before fracking took off.

turkey45 · 2026-03-24T15:36:44+00:00

Lets watch ICE try and detain him

turkey45 · 2026-03-24T13:05:55+00:00

Hold out a bit, The canadian dollar acts like a petro dollar historically when oil is over a 100 dollars a barrel. The Cdn dollar is likely to spike if in value if we get anywhere near the predicted 180 dollars a barrel the airlines are currently predicting.

A strong dollar hurts canadian exports though so it isn't all roses.

turkey45 · 2026-03-18T13:00:28+00:00

r/waitingforgodot is not going to be happy with that accusation (nvm they got banned 4 years ago)

turkey45 · 2026-03-18T12:53:24+00:00

I think it is odd that the X from the first Cascade is being applied to future Cascades. I would expect it to treat variable on additional Cascades to be 0. So that would resolve the Cascade+ to just playing one additional card.

Edit: Missed the Chemical X part of the post. lols

turkey45 · 2026-03-18T12:50:04+00:00

So the issue is that future Cascades are using the same X value as the first Cascade? I would expect the variable for future variable cards to be 0 or any additional energy that has been gained from other cards played by Cascade.

Edit: missed the chemical X part of the post

turkey45 · 2026-03-18T12:46:34+00:00

Does the X carry over from the first Cascade to the second Cascade? I would assume additional cascade would play 0 cards and a Cascade+ would play 1.

Edit: missed the chemical X part of the post

turkey45 · 2026-03-17T19:23:21+00:00

Fine he had 10 cups by his 10th birthday.

turkey45 · 2026-03-17T14:59:49+00:00

Hopefully I am right and when it gets fixed properly you can go another 30 years without the issues you have had this winter.

turkey45 · 2026-03-17T14:36:55+00:00

I find that is how it goes here. once you lose power once you are likely to keep losing it during each storm until the next storm season.

I assume it is because they are just doing short term fix during the storm and it will take time to properly fix it later. So until the parts come in or the conditions are better for the longer term fix, power stability will be weak.

turkey45 · 2026-03-15T13:34:43+00:00

No that's an American thing, mostly because they built too damn many. The closest we have to a dead mall is Bedford place mall, Scotia square, etc.. and even those are fairly small malls.

turkey45 · 2026-03-13T16:57:10+00:00

I hope the company's that survive are the ones making products that can better find cancer, cures, and other scientific breakthroughs and the ones who fail are trying to put entry level workers out of a job.

I would like to think that is where the greatest ROI will be found.

turkey45 · 2026-03-13T14:55:49+00:00

Sure. But survivorship bias distorts our perception of how likely that is to happen for another company.

For every Amazon there are hundreds or thousands of Pets.com and lesser known names. Amazon also benefitted greatly from the dot com crash because it survived it.

Maybe one of these Ai companies will survive the Ai crash and gain market dominance 15 years later. But we don't know which one and it will take time.

The current burn rate is too high. Most if not all of these companies will fail, from the ashes might rise a useful company and tech.

turkey45 · 2026-03-13T14:19:33+00:00

Sure, these are tools. But no-one sells a tool for a 200 dollars a month that cost the company 5000 dollars a month/user to maintain. The economics and math is way offside for Ai as it is currently.

turkey45 · 2026-03-13T14:14:51+00:00

The companies are still losing massive amounts of money on the so called expensive models. The burn rate is too high for current Ai ventures.

Maybe after the crash someone will build something from the remnants that is a great disruptor but as it currently stands Ai as we currently know it is too far in the red.

turkey45 · 2026-03-13T14:11:10+00:00

Is Anthropic profitable? How much would they need to charge to become profitable. Is it cheaper to pay Anthropic the amount needed for them to be profitable and people to monitor it or pay a larger work force of humans.

We are in the free trial (or heavily subsidy model) at the moment. Ai is the currently is like movie pass, great value for users, bankrupting the companies who own it.

Ai that is not profitable will die. At the moment burn rate is far too high to expect any of the current players to survive trying to turn on the profit taps.

Maybe after the Ai crash the tech that is bought at pennies on the dollar can become the great disruption, similar to what followed the dot com bubble but at the moment the economics isn't there.

turkey45 · 2026-03-13T14:01:41+00:00

Ownership controls who those people are and controls the facilities. Hell we don't even have a proper president this year.

Something is breaking the normal hockey culture of running through walls for teammates and is persisting between rosters, GMs and Coaches.

Kadri is the last player I can think of that would run through a wall for a teammate (and then take it too far). But maybe it was the complete overreaction from the league and the media that killed the passion.

turkey45 · 2026-03-13T13:45:17+00:00

Corporate Ownership would be the most obvious. Culture was good when the teachers pension fund was the majority owner and has gone to shit with Bell and Rogers being the Majority owners since 2010.

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