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Casual observation at work would bear this out. Further, in these neighbourhoods, there is little stranger on stranger violence. The victim and perp typically have a common nexus.
All things Novel Coronavirus (2019-nCoV)
- Thread starter Colin Parkinson
- Start date
winds_13
Member
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A long, but interesting opinion piece with plenty of links to source documentation.
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www.theglobeandmail.com
Opinion: Vaccines are a tool, not a silver bullet. If we’d allowed more scientific debate, we would have realized this earlier
More than two years since COVID-19 emerged, our kit of solutions – and the mindset needed to use them – is too small. It’s time to listen to the science in a broader way
www.theglobeandmail.com
daftandbarmy
Army.ca Relic
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Brace for impact, stay on your toes:
Several forces are converging to deny B.C. and the rest of the world a smooth COVID recovery. “The economy is improving because the pandemic is ebbing and the economy is reopening,” says David Williams of the Business Council of B.C. “But we are running into some headwinds and difficulties with supply chains and global supply.” So the outlook for global and Canadian economic growth has been downgraded for 2022, with some of that expansion pushed back to 2023. “At the same time, inflation has ended up being far higher, broader and more sustained than many central banks had projected.”
As of December, the BCBC forecast the province’s real GDP growth at 5 percent for 2021 and 4 percent this year, versus 4.3 percent for Canada as a whole. Still, the economic fundamentals are much softer than those relatively strong numbers suggest, Ken Peacock stresses. “If you look across different industry sectors, for nine of the 16 broad industry categories, employment levels are still below pre-pandemic levels,” he says of B.C. “So more than half the industries have not seen jobs recover to where they were, and we’re almost two years out now.”
Anyone convinced that the current wave of inflation is a passing phase could be disappointed. After the Bank of Canada upgraded its year-average inflation forecast by a full percentage point, Williams says, the Consumer Price Index (CPI) rose 4.7 percent year-over-year in October. “So these are very difficult times for Team Transitory.”
With inflation not expected to return to 2-percent levels until 2024, Peacock holds out hope that higher prices will ease somewhat. “But if we see 5-, 5.5-, 6-percent inflation stick around for two or three or four years, purchasing power is going to be severely eroded,” he says. “Households will fall behind. And this, I think, is a potential problem for this provincial government, which, from the day it was elected, has been very interested in raising well-being and prosperity for households, personal incomes.”
Sources: Statistics Canada, BC Stats, Business Council of B.C.
Uncomfortably high inflation means that businesses should plan for rising interest rates, says Central 1’s Bryan Yu. He thinks the market’s call for three rate increases this year and two in 2023 is aggressive, though, given that the economy isn’t fully healed. “It’s heading in the right direction, but whether that warrants three hikes is debatable.”
In real terms after inflation, Williams notes, Canada’s policy interest rate is –4.5 percent. “Interest rates affect the economy with a lag of about two quarters to six quarters,” he says. “So you’ve got to ask whether a real policy rate of –4.5 percent is what the economy really needs in six to 18 months. It doesn’t look like it needs that kind of stimulus.”
With real interest rates at an all-time low, the Bank of Canada has promised not to change the policy rate until the second half of 2022. “With inflation now at 4.7 percent, it’s very difficult to believe that the central bank will leave interest rates on hold for that period of time,” says Williams, who points out that the BoC recently hinted at a second- or third-quarter hike. “But that still seems an awfully long time to leave interest rates, in real terms, being very significantly negative.” If real rates quickly move closer to zero, “that would be a very contractionary effect on the economy, and I don’t think the economy is all that strong and robust.”
www.bcbusiness.ca
22 things you need to know about B.C. business and the economy in 2022
1. The big picture is mixed
Several forces are converging to deny B.C. and the rest of the world a smooth COVID recovery. “The economy is improving because the pandemic is ebbing and the economy is reopening,” says David Williams of the Business Council of B.C. “But we are running into some headwinds and difficulties with supply chains and global supply.” So the outlook for global and Canadian economic growth has been downgraded for 2022, with some of that expansion pushed back to 2023. “At the same time, inflation has ended up being far higher, broader and more sustained than many central banks had projected.”
2. An economic rebound hides fundamental flaws
As of December, the BCBC forecast the province’s real GDP growth at 5 percent for 2021 and 4 percent this year, versus 4.3 percent for Canada as a whole. Still, the economic fundamentals are much softer than those relatively strong numbers suggest, Ken Peacock stresses. “If you look across different industry sectors, for nine of the 16 broad industry categories, employment levels are still below pre-pandemic levels,” he says of B.C. “So more than half the industries have not seen jobs recover to where they were, and we’re almost two years out now.”
3. Inflation looks like it’s here to stay
Anyone convinced that the current wave of inflation is a passing phase could be disappointed. After the Bank of Canada upgraded its year-average inflation forecast by a full percentage point, Williams says, the Consumer Price Index (CPI) rose 4.7 percent year-over-year in October. “So these are very difficult times for Team Transitory.”
With inflation not expected to return to 2-percent levels until 2024, Peacock holds out hope that higher prices will ease somewhat. “But if we see 5-, 5.5-, 6-percent inflation stick around for two or three or four years, purchasing power is going to be severely eroded,” he says. “Households will fall behind. And this, I think, is a potential problem for this provincial government, which, from the day it was elected, has been very interested in raising well-being and prosperity for households, personal incomes.”
4. Interest rates have nowhere to go but up
Uncomfortably high inflation means that businesses should plan for rising interest rates, says Central 1’s Bryan Yu. He thinks the market’s call for three rate increases this year and two in 2023 is aggressive, though, given that the economy isn’t fully healed. “It’s heading in the right direction, but whether that warrants three hikes is debatable.”
In real terms after inflation, Williams notes, Canada’s policy interest rate is –4.5 percent. “Interest rates affect the economy with a lag of about two quarters to six quarters,” he says. “So you’ve got to ask whether a real policy rate of –4.5 percent is what the economy really needs in six to 18 months. It doesn’t look like it needs that kind of stimulus.”
With real interest rates at an all-time low, the Bank of Canada has promised not to change the policy rate until the second half of 2022. “With inflation now at 4.7 percent, it’s very difficult to believe that the central bank will leave interest rates on hold for that period of time,” says Williams, who points out that the BoC recently hinted at a second- or third-quarter hike. “But that still seems an awfully long time to leave interest rates, in real terms, being very significantly negative.” If real rates quickly move closer to zero, “that would be a very contractionary effect on the economy, and I don’t think the economy is all that strong and robust.”
22 things you need to know about B.C. business and the economy in 2022
From inflation and supply chains to climate change and housing prices, we explore how things could unfold, with help from an expert panel
www.bcbusiness.ca
OceanBonfire
Army.ca Veteran
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Interesting new info about Omicron:
www.reuters.com
Omicron survives longer on plastic, skin than prior variants; nose swabbing found best for rapid tests
The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to be certified by peer review.
www.reuters.com
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So, at the pub, a shot of vodka to sanitize your mouth before sipping on your beer?
Haggis
Army.ca Veteran
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Dram today. Then another dram. Then some single malt. Beer tomorrow.
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There's no exclusive OR between drama, single malt, vodka and beer.
Jarnhamar
Army.ca Myth
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Interesting new info about Omicron:
Omicron survives longer on plastic, skin than prior variants; nose swabbing found best for rapid tests
The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to be certified by peer review.
In the Plague Inc. mobile phone game I'm pretty sure you can buy upgrades for your virus to make it more transmissible and last longer, among other mutations.
reaches for tinfoil
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I'd call it a boogeyman if the guy didn't outright say it. It's a direct quote. It wasn't clipped or made to sound like he was saying something else.
"We'll all go to Parliament and show them what's what" would make Jan 6 look like a boogeyman. This is one step away from the Bond villain telling him what they are (well, someone should be) planning on doing.
I'm not law enforcement, but it sounds an awful lot like a threat.
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Man, I wish the Liberals and NDP were held to account for the people in the causes they support like the Tories are torched everytime some dumbass acts out like that yellow star. Half of the Liberal staffers would be gone for their antisemitic crap about Israel.
I get it, you guys want to hate them. That's fine, live for the rest of your life with a vax pass for a cold, boosters every 6 months and the social credit system that follows from having to prove you're "clean" to partake in public. Or you can be on the right side of history and support countries like the UK who fared exponentially worse than us and are tossing all those things away.
I get it, you guys want to hate them. That's fine, live for the rest of your life with a vax pass for a cold, boosters every 6 months and the social credit system that follows from having to prove you're "clean" to partake in public. Or you can be on the right side of history and support countries like the UK who fared exponentially worse than us and are tossing all those things away.
daftandbarmy
Army.ca Relic
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Just in case Canada's right wing extremists weren't paranoid enough
The Resilience of Online Right-Wing Extremism in Canada
20th July 2021A new report from ISD documents the latest findings of a study that tracks the online ecosystems used by right-wing extremists in Canada. This analysis forms part of a larger study into Canadian right-wing extremism, led by a team of researchers at Ontario Tech University (OTU) in partnership with Michigan State University and the University of New Brunswick.
Drawing on the full analysis provided in the report – which looks at over 3 million messages sent by over 2,400 groups, channels and accounts associated with Canadian right-wing extremism across Facebook, YouTube, Twitter, 4chan, and Telegram – this Dispatch presents the key trends in the online activity of Canadian right-wing extremists in 2020.
The Resilience of Online Right-Wing Extremism in Canada
This Dispatch outlines key takeaways from a new ISD study that tracked the online ecosystems used by right-wing extremists in Canada in 2020.
www.isdglobal.org
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"Right side of history"? ??
Pretty presumptive. ....
Pretty presumptive. ....
Altair
Army.ca Fixture
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Misses muffett
New Member
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As long as you swish it for 15 seconds
Misses muffett
New Member
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Theyre not what? Vaccines are not buying time or majority are not obese?
Ah so Tamara Lich says it’s all good. If the people that donated are satisfied with a reassuring Facebook post then who are we to argue.
But I’m willing to bet in a few months we’ll be reading about “where did all the money go”. Wouldn’t be the first time, won’t be the last.
In other news.
If you want to go to jail, you need two shots. Otherwise access should be denied. 😜
If you want to go to jail, you need two shots. Otherwise access should be denied. 😜
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