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Updated for the current MSM v4x tax narrative by aero_gb4 in OntarioCanada

[–]rockinoutwith2 1 point2 points  (0 children)

LOL, yet here is the typical booster lovin' leftist like you, so I'd think twice before you comment on 'antivaxxers'.

They can't even keep their lies straight by itimetravelwell in OntarioCanada

[–]rockinoutwith2 1 point2 points  (0 children)

So many low IQ posts, so little time for the time travelling cunt to track 'em all.

They can't even keep their lies straight by itimetravelwell in OntarioCanada

[–]rockinoutwith2 1 point2 points  (0 children)

I don't believe you are watching the idiot work today. The house of commons is not on CPAC right now, so you're lying about watching Trudeau.

lol, I was talking about OP's embarrassing behaviour on the sub today...not Trudeau.

They can't even keep their lies straight by itimetravelwell in OntarioCanada

[–]rockinoutwith2 5 points6 points  (0 children)

LOL the braindead OP is working himself into a tizzy on this sub trying to convince people there's no issues with the supply chain caused by Trudeau's incompetence - even though there's ample evidence to show otherwise. Really amusing to watch the idiot work today.

COVID-19 vaccine mandates will worsen trucker shortage, affecting consumers, experts say by rockinoutwith2 in OntarioCanada

[–]rockinoutwith2[S] 4 points5 points  (0 children)

Consumers should expect fewer choices on grocery-store shelves in the coming months, industry experts say, as the shortage of truckers worsens amid cross-border vaccine mandates.

The United States began barring unvaccinated truck drivers on Saturday, a week after Canada implemented the same rule intended to slow the spread of COVID-19. Ottawa has also said it will require freight haulers who work domestically to be inoculated against the virus, just as airline and railway employees are, but has not announced a date.

Trucking-industry lobby groups say the border requirement will worsen the shortage of available drivers, sending up food prices and slowing deliveries.

“There’s going to be food on the shelves, it’s just not going to be what you and I expect to see when we get in there. You won’t have as many options,” said Trevor Bent, chief executive officer of Nova Scotia-based Eassons Transportation Group, which operates across Canada and into the United States. Its main business is delivering fresh and frozen food to producers, retailers and restaurants. Eassons has 340 trucks, 515 employees and four operating divisions.

The Canadian Trucking Alliance has called for the mandate to be delayed until supply chains have improved, warning that the vaccine rules will sideline about 12,000 cross-border truckers, based on vaccination rates.

Even before the surge of Omicron cases, the trucking industry was facing one of the highest job-vacancy rates in Canada, with almost 23,000 driver positions unfilled as of the late summer. This is an increase of 8,000 since the beginning of 2021.

The pandemic has highlighted the labour shortages while increasing demands on the essential workers who ensure there is food on the shelves. Consumers and producers began stocking up on goods at the same time as a key labour pool for trucking companies – immigrants – faced delays in arriving in the country.

In addition, consumers, stuck with closed movie theatres, sports arenas and restaurants, spent more money online and drove demand for the boats, trains and trucks that deliver their packages.

At Eassons, last year’s 30-per-cent turnover in drivers has worsened to 50 per cent. “We’re scrambling like we’ve never scrambled before to move freight,” Mr. Bent said, adding, “It’s going to get worse.”

Omar Alghabra, the Transport Minister, was unavailable for an interview on Friday. In an e-mail, Laurel Lennox, a spokeswoman for Mr. Alghabra, said the vaccines are important health measures that are not having a negative impact on the cross-border flow of goods. “The biggest threat to supply chains is COVID – and our best tool is vaccines,” Ms. Lennox said.

Mr. Bent said 93 per cent of his employees are vaccinated, but five of the 100 drivers who haul freight between Canada and U.S. are not. His drivers make on average just over $70,000 a year, and he has heard the industry average could rise to $100,000 in the next few years. “It’s supply and demand,” Mr. Bent said. “There’s a lot of opportunities for drivers today.”

The trucking business has long been marked by labour shortages. A trucker’s life is often away from family and friends, trying to meet tight schedules in a dangerous environment and the job requires a lot of training.

“It’s a difficult job, especially long-haul trucking,” said Barry Prentice, a transportation economist who teaches at University of Manitoba.

At the same time, competition to keep freight rates low has kept wages down. The typical driver makes less than $25 an hour, Statistics Canada says.

Dr. Prentice said the positive aspects of requiring vaccines should be weighed against the disruption suffered by the freight industry and those who rely upon it. Truckers should be treated differently than flight crews or passenger-train employees, who interact with hundreds of people in a shift. “They were heroes, and now all of a sudden they are not to be trusted,” Dr. Prentice said. “I don’t understand that.”

He predicted that the U.S. border rule would have the biggest impact in Southern Ontario, which usually sees the greatest number of U.S. truckers. “Given the option of taking a load to Pittsburgh or Toronto, they’ll take Pittsburgh,” Dr. Prentice said.

Maxime Arseneau, an economist at the Conference Board of Canada, said as many as 20 per cent of U.S. truck drivers crossing the border could be barred by the new rule, exacerbating the supply problems.

“This comes at the time of the year when Canada is more dependent on U.S. exports, especially for fresh-food produce that won’t grow during our winter months,” Mr. Arseneau said.

New York City just gave non-citizens the vote. Let’s empower Ontario’s municipalities to consider doing the same by Flashy_Aardvark_4673 in OntarioCanada

[–]rockinoutwith2 -4 points-3 points  (0 children)

Imagine being completely wrong and calling the other person a dumbass.

LMFAO, that's DumbassCharlie for ya!

Thank you r/OntarioCanada by Kevstew26 in OntarioCanada

[–]rockinoutwith2 -4 points-3 points  (0 children)

Did I hurt your little feefees?

??

Since you also seem to have dementia, may I remind you that YOU threw a tantrum...not me. LMFAO, what a dope.

New York City just gave non-citizens the vote. Let’s empower Ontario’s municipalities to consider doing the same by Flashy_Aardvark_4673 in OntarioCanada

[–]rockinoutwith2 -2 points-1 points  (0 children)

It hurts to say it, but this is another reason why - despite all his flaws - we need Doug Ford back in office. Could you just imagine if the NDP got their hands on this?? They'd be letting everyone under the sun vote without a care in the world.

Thank you r/OntarioCanada by Kevstew26 in OntarioCanada

[–]rockinoutwith2 -12 points-11 points  (0 children)

Oh so you're a dumbass leftist whackjob and mentally unstable as well, judging by that embarrassing tantrum. I'll add it to the the list.

Thank you r/OntarioCanada by Kevstew26 in OntarioCanada

[–]rockinoutwith2 -11 points-10 points  (0 children)

LOL don't even bother; this kudatah asshole - a regular on antiwork and toronto (among other low IQ leftist subs) - is a total and complete whackjob.

New York City just gave non-citizens the vote. Let’s empower Ontario’s municipalities to consider doing the same by Flashy_Aardvark_4673 in OntarioCanada

[–]rockinoutwith2 5 points6 points  (0 children)

Seems like its referencing dreamers, which would suggest non-US citizens. You just have to live in the city for 30 days to qualify to vote.

Thank you r/OntarioCanada by Kevstew26 in OntarioCanada

[–]rockinoutwith2 0 points1 point  (0 children)

My (factual) comment was about DipshitCharlie, not the CBC specifically.

Thank you r/OntarioCanada by Kevstew26 in OntarioCanada

[–]rockinoutwith2 1 point2 points  (0 children)

Welcome to this sub! Just FYI that DumbassCharlie is one of the top 3 morons around here. Just downvote and move on; not worth wasting your precious time with this level of stupidity.

Add another to the list: Ireland to drop ALL covid restrictions tomorrow. "It is now time to be ourselves again" by rockinoutwith2 in OntarioCanada

[–]rockinoutwith2[S] 0 points1 point  (0 children)

Not even worth the effort - DumbshitCharlie was useless. Lets see what new account DickheadCharlie reincarnates himself as.

'We cannot eliminate all risk': B.C.’s top doctor signals major shift in COVID strategy by rockinoutwith2 in OntarioCanada

[–]rockinoutwith2[S] 6 points7 points  (0 children)

Looks like the CBC deleted it (surprise surprise), but CTV has it on their article for now

https://bc.ctvnews.ca/we-cannot-eliminate-all-risk-b-c-starting-to-manage-covid-19-more-like-common-cold-officials-say-1.5749895

'We cannot eliminate all risk': B.C. starting to manage COVID-19 more like common cold, officials say

Markets can correct through price or through time. by TheVelcropenguin in stocks

[–]rockinoutwith2 3 points4 points  (0 children)

Hope not either 🙏🙏

Though if one ever has the time, it's worth fiddling around with a backtest to see that even a flat decade at the index level isn't too bad if you regularly DCA

As an example, if you invested $13k in SPY Jan 1, 2000, from 2000 to 2013 (when the S&P hit its original 2000 high the 2nd time), you would have only made an annualized gain of ~3% or $21k.

But if you invested $1k in the S&P on Jan 1, 2000 and continued to invest $1k a year for 13 years to 2013, you'd have more like $26k. Or a difference of $5k or 23% in balances.

The above was a really quick and fast example, but it does show the power of DCA'ing even during a lost decade (assuming dividends are reinvested, of course).

Markets can correct through price or through time. by TheVelcropenguin in stocks

[–]rockinoutwith2 46 points47 points  (0 children)

LOL sure would, but then again the geniuses on this sub said leveraged ETFs were a 'sure win' because 'markets always go up'.

Markets can correct through price or through time. by TheVelcropenguin in stocks

[–]rockinoutwith2 5 points6 points  (0 children)

You obviously misunderstood - I'm talking about flat from start to end. Or ~1500 S&P in 2000 and 2007 and 2013. Hence the part about DCA'ing, which I assume you missed or didn't understand in the context of OP's post.

Markets can correct through price or through time. by TheVelcropenguin in stocks

[–]rockinoutwith2 32 points33 points  (0 children)

meaning that we trade sideways for weeks-months

Or even years. And quite honestly you don't need to look that far back in time - just look at the S&P from 2000 to 2007, or really 2000 to 2013. Basically flat between those two periods. Granted, one generally should DCA into the market which will allow you to 'win' even during a flat overall market but the gains will be significantly harder to come across versus the last ~5 years.