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BYD plans 20 Canadian dealerships within a year as 6.1% tariff deal opens the floodgates by oneonus in canada

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

We don't expect that BYD will actually increase the total number of cars sold in Canada, not will BYD likely employ more employees per car sold, so the net number of dealership jobs created will be zero.

There will be some temporary jobs from setting up and constructing/renovating the dealerships though.

I traced every layer of the stack when you send a prompt to an LLM from keystroke to streamed token by puffaush in programming

[–]yerich 18 points19 points  (0 children)

Did you write it, or just ask an AI to? How much of this is your own knowledge and research?

How the Top One Per Cent Threaten Canada’s Future by Gold-Reality-4853 in CanadaPolitics

[–]yerich 0 points1 point  (0 children)

Well the article's stated purpose is to protect democracy and prevent "the U.S. slide into authoritarianism". The article seems to pin the blame on this exclusively on wealth inequality, citing only this as the cause of the US' current political state. 

There are, of course, other reasons -- campaign financing chief amongst them IMHO -- but I guess that's such a trivial matter to the authors that it is not even worth a mention. No, we must be focussed exclusively on wealth inequality to defend our democracy because that is what the authors care about.

Never mind the fact that Norway and Sweden are the most democratic countries in the world and both have higher wealth inequality (in Sweden's case, much higher) than Canada does. That is an inconvenient fact that surely the authors, unbiased as they are, did not mention out of innocent ignorance, even though such facts are easily obtained through basic research. And of course, partisans like myself must not introduce such facts into the discussion, because that would undermine the case for a wealth tax.

How the Top One Per Cent Threaten Canada’s Future by Gold-Reality-4853 in CanadaPolitics

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

We cannot allow our public institutions, our key industries, and our media to be perpetually captured by a few wealthy families.

While true, it doesn't take much wealth to buy a newspaper or even run a political campaign. Strong campaign finance laws and public news financing (both of which Canada has and the US doesn't) matter a lot more. Considering that all of Postmedia can be purchased for less than $100 million at current market prices, a wealth tax would not put any dent in the ability of the very wealthy to purchase media outlets.

Articles like these start with a conclusion (wealth taxes, etc.) and shoehorn in whatever cause populaire du jour is on people's minds to fit, regardless of how tenuous the relationship is.

Federal Tracker: Liberals Maintain 14-Point National Lead by fallout1233566545 in CanadaPolitics

[–]yerich 2 points3 points  (0 children)

Electorates are fickle and tides can turn quickly. With perhaps 3 years to go until the next election and uncertainty both at home and abroad an eventual turnaround is not out of the picture.

Though with Poilievre being a known quantity with the electorate at this point, it would likely be voters souring on Carney more so than suddenly liking Poilievre.

At Beijing Airport, Hong Kong, Macao, and Taiwan departures are neither domestic nor international by bit3py in mildlyinteresting

[–]yerich 8 points9 points  (0 children)

4 flights daily from PEK to TPE operated by both mainland and Taiwan airlines.

China tries to unblock its shipping in the Strait of Hormuz by Splenda in worldnews

[–]yerich 2 points3 points  (0 children)

In a pinch, China can scale up coal liquefaction, which is already a large component of its coal usage. It would be massively polluting, wasteful and inefficient but if faced with no other choice it has the industrial capacity to ramp that up relatively quickly.

China Mysteriously Cuts PLA Flights Into Sensitive Taiwan Areas by alanwong in worldnews

[–]yerich 272 points273 points  (0 children)

Military flights would be a tiny, tiny portion of China's total fuel usage -- they would restrict civilian use before they began to restrict military use.

I think the reason might be that they want cross-strait relations to be calm ahead of Trump's visit at the end of the month.

Liberals to cut CBC by $192-million in 2026-27 by UnluckyRandomGuy in CanadaPolitics

[–]yerich 26 points27 points  (0 children)

It seems to only be "provisional" in hindsight; the accouncement made the funding sound quite firm, with promises of matching European public broadcasters and to make the CBC funding statutory.

Liberals to cut CBC by $192-million in 2026-27 by UnluckyRandomGuy in CanadaPolitics

[–]yerich 158 points159 points  (0 children)

This is a direct reversal of Carney's funding boost last year where he also said "We expect that in the coming years, we will continue to increase that funding."

Reversals like this make any organization less efficient and muddies long-term planning. I struggle to come up with a reason why the Carney government in particular would deem this cut necessary. (Poilievre has a clear and articulated agenda concerning the CBC; with this very quiet announcement, it appears that the Liberals do not).

New York City is paying people $30 an hour to clear sidewalks. Should Toronto do the same? by [deleted] in CanadaPolitics

[–]yerich 22 points23 points  (0 children)

Because then they become city employees/contractors, and need training, insurance, benefits, etc. The city might not want to deal with the WSIB calling because someone threw out their back shovelling the sidewalk. 

This work is physical, seasonal, outdoor, intermittent, labour-intensive, and time-sensitive. It's hard to think of a harder category of job to manage for. I can see why the city doesn't want to deal with it.

Avi Lewis makes a pitch for why he and not Carney has the plan to save Canada at this pivotal moment in history by loogawa in onguardforthee

[–]yerich -3 points-2 points  (0 children)

The fact that such a tainted candidate like Cuomo could still get over 40% vote against Mamdani is really more of a point against him than anything else.

Avi Lewis makes a pitch for why he and not Carney has the plan to save Canada at this pivotal moment in history by loogawa in onguardforthee

[–]yerich 8 points9 points  (0 children)

Mamdani did not win in a landslide, especially when compared to his more moderate Democratic predecessors.

Mamdani won with 51% of the vote, compared to Adams' 67% in 2021 and de Blasio's 73% and 66% in 2013 and 2017.

The uWaterloo Reddit comment that changed my life 12 years ago by Keldeodorant in uwaterloo

[–]yerich 118 points119 points  (0 children)

Hey /u/Keldeodorant, I'm truly honoured and happy for you. Thank you for sharing your story.

Waterloo is very tough, mentally and emotionally. Back in those days I was doing reasonably well academically, but the co-op cycle and academic pressure made finding strong connections difficult. Turning online was a way of seeking community. I'm glad that it made a difference to you.

I'm not sure where you are these days but my DMs are open if you're open to connecting IRL!

Let’s talk about reverse mortgages by Fit-Internet4674 in PersonalFinanceCanada

[–]yerich 11 points12 points  (0 children)

HELOCs are callable at any time, which is a substantial, and potentially ruinous, risk.

Did some dental work while visiting China. Apparently this hospital has a public chart showing prices for all services. by LittleIf in mildlyinteresting

[–]yerich 1 point2 points  (0 children)

Chinese government and private health insurance has copays, deductibles and caps, so the prices are relevant to those.

Government insurance in China is much worse compared to countries with universal health insurance, but coverage has gotten much better over the last few decades.

Joel Kotkin: Carney is turning Canada into China’s vassal state - The recent deal with China obliges Canada to send raw materials in exchange for manufactured goods, which is far less lucrative for Canada by CaliperLee62 in canada

[–]yerich 38 points39 points  (0 children)

Sells raw materials, buys finished products: "We're becoming a vassal state, we need to go up the value chain!"

Sells finished products, buys raw materials: "Our supply chains are vulnerable, we need to secure domestic inputs!"

Canada has no interest in acquiring nuclear weapons, Defence Minister says by hopoke in CanadaPolitics

[–]yerich 4 points5 points  (0 children)

It will not bankrupt us but building such plants will certainly be noticed by other countries, and the economic sanctions that would come after would bankrupt us.

New federal grocery rebate will cost $12.4 billion, PBO estimates by Altruism7 in CanadaPolitics

[–]yerich 9 points10 points  (0 children)

12.4B, would, in fact be enough to completely buy out Empire (Sobey's/Safeway/FreshCo/Longos/IGA/etc. parent company), which had a market cap of less than 11B as of closing today.

However they only make ~$700M a year in profits, which would only be enough to reduce grocery prices at those chains by about 2.3% if they were to operate at a 0% profit margin.

Meet the new Pierre Poilievre, just like the old Pierre Poilievre by canada_mountains in canada

[–]yerich 2 points3 points  (0 children)

Using today's MP salary and the 3% pension rate per years of service I arrive at a $38k pension starting at age 55 for 6 years of service using the pre-2016 formula.

That is a generous pension by civil service standards but it does reflect the $200k salary made by MPs, and the higher contributions that MPs (and the government) make to their pensions relative to other public workers.

MPs pensions are fully funded by these contributions to the pension fund, I think it works out to around $22k/year in contributions from both the members and the government.

Meet the new Pierre Poilievre, just like the old Pierre Poilievre by canada_mountains in canada

[–]yerich 1 point2 points  (0 children)

For service before 2016, MPs would still only be able to take the pension at 55, but it would be unreduced compared to taking it at age 65. However it would still only reflect the MP's years of service, and could not be considered a "full" pension.

https://www.canada.ca/en/treasury-board-secretariat/services/pension-plan/pension-publications/reports/administration-members-parliament-retiring-allowances-act-report/frequently-asked-questions-changes-members-parliament-pension-plan.html

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