Search found 2972 matches
- 14 Mar 2024 17:10
- Forum: Community Centre
- Topic: Electric Cars
- Replies: 601
- Views: 38974
Re: Electric Cars
The future of our planet depends on innovative solutions like this new tech. Let's invest in a sustainable future for our heirs. They need a planet to spend their inheritance. Consider being an early adopter and making a real difference. Spend a little of their inheritance today. I think this is the kind of "magical" "feel good" thinking that also does the debate a disservice. Are they demonstrably a magnitude better for the environment over their life cycle ? You increasingly see stories in the media that they are not. In fact, because of the cost inherent in fixing damaged battery packs (and the liability involved for insurance companies) battery packs and whole cars are being scrapped well before their end of life, u...
- 14 Mar 2024 10:04
- Forum: Community Centre
- Topic: Electric Cars
- Replies: 601
- Views: 38974
Re: Electric Cars
Yes, it is a problem if you want to force people other than urban/suburban commuters to adopt EN MASSE in the short term (the point of my argument you avoided). And the creation of more infrastructure in urban, dense areas would help the other 80% of the country adopt EVs how exactly ?
More chargers for the technorati of KW doesn't help someone in Timmins or Truro.
As to electrical infrastructure, you once again conveniently avoid the MASSE ADOPTION that we are being told is necessary. There will then be no off peak hours as millions upon millions of EVs attempt to also charge overnight.
More chargers for the technorati of KW doesn't help someone in Timmins or Truro.
As to electrical infrastructure, you once again conveniently avoid the MASSE ADOPTION that we are being told is necessary. There will then be no off peak hours as millions upon millions of EVs attempt to also charge overnight.
- 14 Mar 2024 08:53
- Forum: Community Centre
- Topic: Electric Cars
- Replies: 601
- Views: 38974
Re: Electric Cars
"2023 sees ZEVs capture 10% of Canada's new-car market" https://driving.ca/auto-news/industry/zev-new-car-sales-canada-record-electric The precise figure is 10.8 per cent, and with a strong fourth-quarter share of 12 per cent or the market, following a Q3 market share of 12.3 per cent, there does appear to be some momentum behind ZEV sales. As always, British Columbia and Quebec led the way in terms of provincial figures, with a tie at 21.4 per cent of new-car sales over the course of 2023. From the article: """But new ZEV sales have struggled outside of these three provinces (ON,BC,QC), which accounted for 91.8 per cent of new ZEVs registrations in 2023.""" Lends credence to the argument that EVs ar...
- 13 Mar 2024 19:43
- Forum: Retirement, Pensions and Peace of Mind
- Topic: The government is considering changing investment objectives for CPP
- Replies: 34
- Views: 1081
- 10 Mar 2024 17:36
- Forum: Retirement, Pensions and Peace of Mind
- Topic: How are you actually using your TFSA?
- Replies: 105
- Views: 7396
Re: How are you actually using your TFSA?
I think SQRT is right.. this is very much an FWF type problem, not a general population type problem. TFSAs will form a MUCH larger proportion of most average peoples retirement accounts. Especially if they are my age or of a similar youthful, vigorous, handsome disposition..
These people will definitely be spending income out of a TFSA in their retirements. And therein lies part of the argument some of the "tax me more" crowd has against increasing TFSA limits to the same level as similar schemes in the US or UK. Once people are getting significant amounts of tax free income out of TFSAs, gubbermint theft taxation will decrease and they won't be able to waste bribe spend as much.
These people will definitely be spending income out of a TFSA in their retirements. And therein lies part of the argument some of the "tax me more" crowd has against increasing TFSA limits to the same level as similar schemes in the US or UK. Once people are getting significant amounts of tax free income out of TFSAs, gubbermint theft taxation will decrease and they won't be able to waste bribe spend as much.
- 10 Mar 2024 15:13
- Forum: Retirement, Pensions and Peace of Mind
- Topic: Any questions about CPP?
- Replies: 516
- Views: 86765
Re: Any questions about CPP?
I have a lowish income acquaintance that took her CPP at 60 but said she is ""waiting until 65 to take OAS and the "third one"""
Third one ?! She assumed she would automatically be getting the GIS because everyone else in her extended family does..
Really makes you realize the average financial (il)literacy out there. Not that gubbermint does much to make it simpler for people.
Third one ?! She assumed she would automatically be getting the GIS because everyone else in her extended family does..
Really makes you realize the average financial (il)literacy out there. Not that gubbermint does much to make it simpler for people.
- 07 Mar 2024 22:08
- Forum: Financial News, Policy and Economics
- Topic: Clippings 2024
- Replies: 110
- Views: 8730
Re: Clippings 2024
Not in my experience but perhaps that is just my pessimism shining through.This strategy fails because positive momentum is stronger than negative momentum.
Momentum being not the same thing as long term market direction.
- 05 Mar 2024 11:29
- Forum: Under the Mattress: Protecting Your Money
- Topic: 5-year laddered GICs
- Replies: 29
- Views: 1230
Re: 5-year laddered GICs
The Finiki link on Fixed Income ladders . There is nothing wrong with building 1-2-3yr or 3-6-9-12 month maturities if they meet a person's investing needs. But they aren't a fixed income ladder as typically defined. Respectfully disagree. From the Finiki you linked: "A fixed income ladder is created by dividing a sum of money into several portions (usually equal) and investing them in bonds or guaranteed investment certificates (GICs) of varying maturities (usually equally-spaced)." The only reason most ladders are "typically" 5 year ladders in Canada is because historically 5 year term deposits have been the longest duration to receive CDIC protection. And therefore they have been the longest duration rungs that banks...
- 04 Mar 2024 12:50
- Forum: Financial Planning and Building Portfolios
- Topic: Registered Disability Savings Plan (RDSP)
- Replies: 12
- Views: 508
Re: Registered Disability Savings Plan (RDSP)
As with anything gubbermint, it's complicated. RDSPs seem even more so...
Short answer, it seems you keep it. And can regain status. Or not.
Maybe.
https://www.rdsp.com/tutorial/losing-di ... iry%20date.
Short answer, it seems you keep it. And can regain status. Or not.
Maybe.
https://www.rdsp.com/tutorial/losing-di ... iry%20date.
- 04 Mar 2024 12:17
- Forum: Under the Mattress: Protecting Your Money
- Topic: EasyWeb Online Banking
- Replies: 162
- Views: 14394
Re: EasyWeb Online Banking
Me too but TDDI is working...
What's the saying ? One out of two ain't bad ?
- 04 Mar 2024 11:38
- Forum: Financial Planning and Building Portfolios
- Topic: Registered Disability Savings Plan (RDSP)
- Replies: 12
- Views: 508
Re: Registered Disability Savings Plan (RDSP)
DTC also focuses on the longevity of the condition for which periodic updates are required. If their condition is "curable" or likely to improve the qualification for the DTC can be denied upon renewal.
- 04 Mar 2024 08:47
- Forum: Taxing Situations
- Topic: How are you keeping corporate minute books?
- Replies: 18
- Views: 569
Re: How are you keeping corporate minute books?
Don't forget your annual Industry Canada filing.
https://ised-isde.canada.ca/site/corpor ... ations-act
https://ised-isde.canada.ca/site/corpor ... ations-act
- 03 Mar 2024 09:38
- Forum: Under the Mattress: Protecting Your Money
- Topic: 5-year laddered GICs
- Replies: 29
- Views: 1230
Re: 5-year laddered GICs
Many of us do. Some of us have more than one ladder, in fact.
It feels more palatable during the current (nominal) interest rate environment of course.
It feels more palatable during the current (nominal) interest rate environment of course.
- 01 Mar 2024 17:02
- Forum: Community Centre
- Topic: Electric Cars
- Replies: 601
- Views: 38974
Re: Electric Cars
Fisker warns it’s running out of cash and may not make it through 2024
The EV company said it would lay off 15 percent of employees in a bid to reduce costs.
https://www.theverge.com/2024/3/1/24087 ... rn-warning
The EV company said it would lay off 15 percent of employees in a bid to reduce costs.
https://www.theverge.com/2024/3/1/24087 ... rn-warning
- 28 Feb 2024 20:36
- Forum: Community Centre
- Topic: Lee Valley sale on gift cards
- Replies: 13
- Views: 1785
Re: Lee Valley sale on gift cards
Happy Leap Day!
Visit any of our store locations on February 28 and 29 and receive a $29 gift card when you spend $150 or more.*
Visit any of our store locations on February 28 and 29 and receive a $29 gift card when you spend $150 or more.*
- 28 Feb 2024 20:29
- Forum: Community Centre
- Topic: Electric Cars
- Replies: 601
- Views: 38974
Re: Electric Cars
Wait until middle class plebes like me can buy a $20k Chinesium import EV.
And we all decide to plug them in at home. On a hot August night at 10 pm. Or the coldest January night at -20C.
When the wind turbines aren't spinning. And the sun hasn't been out in days and the solar farms aren't "solaring". And unfortunately we no longer use power plants powered by coal or horrible (for some reason) natural gas. And Greta says no to NUCLEAR !!!!!!!
A giant f*cking pipe dream. Imagined by idiots. Empowered by imbeciles who vote for handouts and are bribed with their own money.
"The most powerful argument against democracy is a 5 minute conversation with the average (low information/MSM consuming) voter...."
And we all decide to plug them in at home. On a hot August night at 10 pm. Or the coldest January night at -20C.
When the wind turbines aren't spinning. And the sun hasn't been out in days and the solar farms aren't "solaring". And unfortunately we no longer use power plants powered by coal or horrible (for some reason) natural gas. And Greta says no to NUCLEAR !!!!!!!
A giant f*cking pipe dream. Imagined by idiots. Empowered by imbeciles who vote for handouts and are bribed with their own money.
"The most powerful argument against democracy is a 5 minute conversation with the average (low information/MSM consuming) voter...."
- 28 Feb 2024 12:11
- Forum: Under the Mattress: Protecting Your Money
- Topic: High interest savings, GICs and MMFs (2024)
- Replies: 179
- Views: 14422
Re: High interest savings, GICs and MMFs (2024)
Maybe you could stop enabling them ? They'll continue to do it as long as customers continue to play the game. It takes two....
I gave up on them years ago.. now if only I could convince DW to do so..
- 24 Feb 2024 14:57
- Forum: Community Centre
- Topic: Science is amazing
- Replies: 818
- Views: 55255
- 24 Feb 2024 10:39
- Forum: Under the Mattress: Protecting Your Money
- Topic: Bad Customer Service
- Replies: 407
- Views: 49063
Re: Bad Customer Service
No Frills just gives them out...
- 24 Feb 2024 09:12
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: What and why did you sell? What might you sell? (2024)
- Replies: 26
- Views: 3245
Re: What and why did you sell? What might you sell? (2024)
They are an admirable set of rules but don't forget that even the Oracle himself has had his share of value traps and falling knives.
(Just trying to make myself feel better).
(Just trying to make myself feel better).
- 23 Feb 2024 11:40
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: Going Green - Heavy Duty Electric Vehicles
- Replies: 75
- Views: 45131
Re: Going Green - Heavy Duty Electric Vehicles
I follow it a little for HGVs and semi trucks (especially in Europe) since it is of tangential interest to my business. There I think that Volvo and Daimler will out muscle all the startups. HGVs are used hard and put on massive amounts of miles under tough conditions. They require a lot more maintenance than POV and because of this the existing Volvo and Daimler dealer networks will be of massive importance. Commercial operators simply cannot afford the downtime and I think will want the comfort of buying from an existing maker instead of taking a flyer on someone unknown. Over here, it will be interesting if Rivian ever goes public. Bezos obviously has some faith in them with his 100,000 unit order. Interesting indeed.... ""&qu...
- 19 Feb 2024 11:00
- Forum: Now Hear This!
- Topic: Serving Canadian investors for 18 years and counting ...
- Replies: 44
- Views: 6435
Re: Serving Canadian investors for 18 years and counting ...
This may be an impolite question (feel free to move it or delete it) but with the passing of Shakespeare/Keith this year, is the website alright from a financial standpoint ? I always assumed he was one of the founders that funded its (smallish ?) upkeep costs.
I have donated in the past via the Donate button and would be happy to do so again. I am sure many others feel the same way. There should be no need for the remaining founders and admins to continue to bear all the costs.
I have donated in the past via the Donate button and would be happy to do so again. I am sure many others feel the same way. There should be no need for the remaining founders and admins to continue to bear all the costs.
- 17 Feb 2024 11:42
- Forum: Community Centre
- Topic: Electric Cars
- Replies: 601
- Views: 38974
Re: Electric Cars
I don't know about anyone else here, but I haven't seen any Chinese cars on the road. The closest are Volvo, who are technically still based in Sweden. Wake me up when this bogeyman appears in real life. How China plans to invade Europe — with electric vehicles https://archive.is/DptwM EU and UK governments are not happy, but with cheaper cars and many more of them one Chinese company hopes to crack the markets """As it makes its maiden voyage up the English Channel next week, not much will visibly distinguish the (M/V) BYD Explorer No 1 from any of the other giant cargo ships ploughing through the world’s busiest shipping lane. In fact, it heralds a revolution. When it deposits its contents in the Dutch port of Vlissingen o...
- 17 Feb 2024 01:47
- Forum: Under the Mattress: Protecting Your Money
- Topic: How reliable are prenups in Ontario?
- Replies: 31
- Views: 1580
- 16 Feb 2024 14:44
- Forum: Under the Mattress: Protecting Your Money
- Topic: High interest savings, GICs and MMFs (2024)
- Replies: 179
- Views: 14422
Re: High interest savings, GICs and MMFs (2024)
TORONTO, Feb. 15, 2024 /CNW/ - MCAN Financial Group ("MCAN", the "Company" or "we") (TSX: MKP), a leading Canadian mortgage investment corporation, is thrilled to announce the launch of a new direct-to-client Guaranteed Investment Certificate (GIC) channel under the brand MCAN Wealth . MCAN has been a member of the Canada Deposit Insurance Corporation ( CDIC ) for 30 years and currently has more than 7,000 GIC clients originated through its Deposit Broker network. This strategic expansion marks a significant milestone in MCAN Financial Group's commitment to providing Canadian clients with accessible and secure investment options. "The growth of MCAN Wealth and this new direct-to-client channel represents o...