Here's a bit of good news, especially for the Ottawa area which I'm sure will be seeing some Fed Govt layoffs coming soon.
https://obj.ca/sea-canada-to-go-on-hiring-binge/
SEA Canada to go on hiring binge as defence contractor opens new plant in Stittsville
There is also non-monetary benefits provided. The free healthcare benefits during this time should not be forgotten. Those are ‘costs’ and they do have an impact of reducing services/availability to Canadians/PR’s.
This article is telling - as it’s implying that the US Government is going to try and directly take a 5% in the ownership of CDN domiciled company trading on the TSX.
They have already taken a 5% ownership in a mine that the company owns in Nevada.
Lithium Americas stock pops as government...
I found this as well -
Finland, for example, finalized a $9.4 billion deal in 2022 for 64 F-35As, with deliveries slated to begin in 2026—
Lot 20 is going to be geared heavily towards ‘foreign’ sales and should be around 182 planes in total.
If lot 19 is set to be completed by August 2028...
According to the Lot 18 contract notice, the 145 jets include 48 F-35A aircraft for the Air Force, 16 F-35B aircraft and five F-35C aircraft for the Marine Corps, 14 F-35C aircraft for the Navy, 15 F-35A aircraft and one F-35B aircraft for F-35 non-U.S. DoD program partners, and 39 F-35A...
I found this section below (from the article), of interest and thought that this was where the use of AI could allow for more calculations to occur in a shorter timeframe using less transistors to do so.
AI chips also have other, AI-optimized design features. These features dramatically...
Those risks are NOT easily closed off because if they could be, some other country (ahem, US) would have already done so. Again, financial institutions want NOTHING to do with these individual contribution plans, the juice is NOT worth the squeeze to them. For example, minimum wage earner...
Being in your early 20's and going full tilt on the TFSA, ETF's geared to NASDAQ, S&P500, TSX60, AI Tech, Chips, Pharm and forgot the RSP or only do minimal RSP. Its a solid overall approach.
7k/yr into a TFSA for 40yrs at 8%/yr average compounded gives you 1.2 million - tax free money that...
I don't want any OAS.
I'm open to discuss revamping/expanding the GIS to include support for individuals who were lifetime lower income earners. If someone worked 25, 30, 35, 40yrs as a low income earner, 100% agree that their income needs supplementing to give them a dignified standard of...
I know that in France having 1 child increases your French pension by 5% and having 3 or more by 10%. I assume that having 2 kids increases it by 7%. This can be spread across both sets of parents but typically its fully allocated to the Mother.
The average French pension is 1,650 Euro NET a...
AI used to expand/improve the ability to create faster sensors, chips, computer power.
https://cset.georgetown.edu/publication/ai-chips-what-they-are-and-why-they-matter/
Spoken like a true Libertarian. :)
Long term gains to the CPP are used to ensure the viability of CPP well into the future. With a continuing aging population and ever larger number of individuals pulling from CPP for ever longer periods of time, these gains are used to offset these costs.
A...
Which, if any, G20 countries have anything similar to OAS?
Why should we continue down this path?
It should be run down. Draw a line in the sand of anyone of the age of X at this date going forward is eligible to receive it until death but those under X are no longer eligible to receive it...
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