sbv

A motion from the Bloc will increase benefits for affluent retirees, to be paid for by younger (and poorer) Canadians. The advocacy group for Canadian seniors has proposed a much fairer alternative;

[Canadian Association of Retired Persons's proposal] would strengthen OAS, help younger Canadians, reduce the deficit and save Parliament. This would enable MPs to make the most significant improvement to generational fairness in the federal budget in my professional lifetime – rather than play political games by proroguing Parliament or launching an early election.

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In my previous column, I costed out some options. The government could start to claw back OAS at an individual income threshold of $70,000 or a household income of $90,000. These alternatives would free up $12-billion and $48-billion, respectively, over the next five years.

Original link: https://www.theglobeandmail.com/investing/personal-finance/young-money/article-a-plan-to-strengthen-oas-help-younger-canadians-and-reduce-the-deficit/

The federal Liberals and Conservatives want to "solve" the housing crisis by making it easier for builders to build new units.

Sadly, with interest rates and construction prices at current levels, it seems unlikely that private companies will be able to provide the 3.5 million houses we need to restore affordability.

We need all levels of government to start building housing, not just wait for white knights from the private sector to ride in and save our middle class dreams.

Residential property developers are facing rising insolvencies as they struggle with higher borrowing and construction costs – and industry experts warn the trend is likely to worsen as interest expenses remain elevated.

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At this pace, Canada is on track to reach about 240 real estate insolvencies this year, which would be 57-per-cent higher than 2023 and 13-per-cent higher than 2009, when a wide swath of businesses ran into problems owing to the financial crisis and global recession.

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And that does not include the number of developers and projects that have been forced into receivership for not paying bills. The Office of the Superintendent of Bankruptcy does not include receiverships with its publicly available bankruptcy statistics. However, insolvency experts say they are seeing more projects go into receivership.

So far this year, the real estate sector accounts for 55 per cent of the receiverships recorded by Insolvency Insider Canada, a website that tracks the largest insolvencies in the country. That compares to 30 per cent last year and 33 per cent in 2022.

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Today, the cost of residential construction is 81-per-cent higher across Canada’s major cities compared to 2017 and more than double – up 107 per cent – in the Toronto region, according to Statscan data.

I try to collect conversation starters so I have things to talk about with people I like.

Some of them are general and work on anyone, like: "I'm moving soon!" or "how was your weekend?" or "did you see that ludicrous display last night?". Others deal with shared interests or common friends, so they're person specific.

What's a word to describe collecting conversation starters? Borrowing from other languages is legit.

... some kid in the daycare has lice.

We went through this a couple of years ago: one kid had a tonne of lice in his hair, my wife got infested and ended up shaving her head. The other kid and I lucked out.

Regardless of what happens, we've got some short summer haircuts in our future.

cross-posted from: https://lemmy.world/post/15835822

Door of Durin by poppel

https://teia.art/objkt/769117/listings

The family is moving to find more financial flexibility. Owning their current home is a financial burden, and the stress would only get worse with a mortgage renewal coming up soon.

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Proceeds from the sale plus a cash top-up will mean they can live mortgage-free in their new three-bedroom townhouse. Current mortgage costs are $3,965 per month.

As well, Ms. Deane has estimated that her family will save on electricity, heating, insurance, property taxes and maintenance. Even with strata/condo fees of $710 per month at the new place, Ms. Deane calculates overall savings of $4,640 per month.

Props to them for making a smart move.

"The evidence establishes that the City knew that its failure to properly enforce the 2012 Bylaw would likely cause harm to the taxi industry.

"A multinational giant was invading Ottawa, and because of the City's unpreparedness and its lack of efforts to develop a plan to enforce the 2012 Bylaw, the City's enforcement efforts against Uber drivers were ineffective."

Nurse practitioners could help fill the void, advocates for the profession say, if more provinces would adopt policies to integrate them into primary care and pay them fairly for their work. Some physicians’ organizations have pushed back against that approach, arguing that NPs don’t have as much training or education as family doctors and therefore should only be funded publicly when they’re embedded in interdisciplinary teams with MDs.

Aren't these the same organizations that have been dragging their feet on recognizing foreign credentials?

I've been seeing a nurse practitioner for the last couple of years. So far, she's provided the same level of care I'm used to from family doctors: prescriptions, forwarding me to specialists when appropriate, providing the usual advice during checkups. It's fine.

https://archive.is/PkAdd

Edit: took out my grumbly summary, since our healthcare spending seems to be middle of the pack, compared to peer countries.

In 2022, Global News said the quiet part out loud: poverty is driving disabled Canadians to consider MAiD. Those “some” who are driven to assisted death because of poverty or an inability to access adequate care deserve to live with dignity and with the resources they need to live as they wish. They should never, ever feel the pressure to choose to die because our social welfare institutions are starved and our health care system has been vandalized through years of austerity and poor management.

Given the way our institutions and economic and political elite create and perpetuate poverty in Canada, particularly among disabled people, we should be particularly sensitive to the implications of the country’s MaiD regime for those who are often ignored when warning about the dangers of the law.

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While MAiD may be defensible as a means for individuals to exercise personal choice in how they live and how they die when facing illness and pain, it is plainly indefensible when state-induced austerity and mismanagement leads to people choosing to end their lives that have been made unnecessarily miserable. In short, we are killing people for being poor and disabled, which is horrifying.

Is anyone else boycotting Loblaws? I don't have many alternatives, but I'm doing my best to take my business elsewhere.

US regulators have found evidence that TD's anti-money laundering fraud detection is insufficient

For months, analysts have predicted a fine in the range of US$500-million to US$1-billion, but that’s now jumped. “We believe cumulative fines could easily hit $2-billion,” Mr. Dechaine wrote.

Meanwhile, in Canada, TD is facing record fines (archive) from Canadian regulators.

https://archive.is/e0SGA

The octopus is one of nearly 5m Lego pieces that fell into the sea in 1997 when a storm hit a cargo ship 20 miles off Land’s End, Cornwall. While 352,000 pairs of flippers, 97,500 scuba tanks, and 92,400 swords went overboard, the octopuses are considered the most prized finds as only 4,200 were onboard.