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triplexpac posted:You mean they're not making any more oxygen??? HMmm maybe I should buy some now and get in on the ground floor before I'm priced out of the market. Nah don't bother - it's a common good so some other sucker will pay for it! Gotta burn that poo poo to the ground while you can 
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Jan 30, 2015 20:24
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Cultural Imperial posted:A rate cut increases the money supply which does bring down the loonie, amongst other things, but it also encourages banks to lend more to businesses in the hope that it will staunch the impending flood of lost jobs. It also make it cheaper for Americans to buy goods and services so southern Ontario's car manufacturing sector can survive, as well as Vancouver's movie industry and thriving innovative tech sector. It's basically a fiscal policy band aid solution that doesn't address the piles of problems in the canadian economy including -Dutch disease, 3 sectors now comprise 60% of all Canadian market cap -Excessive debt loading combined with rampant real estate speculation -wage stagnation and not enough jobs for recent grads -not enough growth or investment in knowledge type companies like IT or medical companies -Can you remember any premier made in Canada products similar to BMW, Iphone or Google?
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Jan 31, 2015 00:16
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I remember a very popular brand of phones canada made, but it's only a memory.
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Jan 31, 2015 00:23
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If I see something stamped with Made in Canada, I generally assume that it's older than I am by at least a decade.
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Jan 31, 2015 00:30
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etalian posted:-Can you remember any premier made in Canada products similar to BMW, Iphone or Google? The Bombardier Global 5000/6000 series business jets. Until recently they were the best in their class. Then the company decided to overinvest in multiple capital intensive projects and subsequently gently caress all of them up and layoff about 2500+ people. Now Gulfstream has them soundly beat. Seriously this was the one company and product that was the crown jewel of this country and it's been going down the shitter for the last 3 years. Canada can't have nice things. Kraftwerk fucked around with this message at 00:36 on Jan 31, 2015 |
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Jan 31, 2015 00:30
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Kraftwerk posted:The Bombardier Global 5000/6000 series business jets. Until recently they were the best in their class. Then the company decided to overinvest in multiple capital intensive projects and subsequently gently caress all of them up and layoff about 2500+ people. Now Gulfstream has them soundly beat. They should have invested in housing and condos, now that's a solid investment! 
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Jan 31, 2015 01:00
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Kraftwerk posted:The Bombardier Global 5000/6000 series business jets. Until recently they were the best in their class. Then the company decided to overinvest in multiple capital intensive projects and subsequently gently caress all of them up and layoff about 2500+ people. Now Gulfstream has them soundly beat. As someone about to go back to grad school for aero stuff, are local companies trying to pick up the slack? Or is it a "don't go, no jobs, die alone" kind of deal? I ask in this thread because aerospace is, as far as I know, one of the few things that other countries will pay us to make/do (as opposed to being some crazy DEVCO/SYSCO autarkic deal). I know that several major companies (R&R, Pratt, CAE, etc.) do research and development (!!) and build stuff in Montreal. Isentropy fucked around with this message at 01:17 on Jan 31, 2015 |
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Jan 31, 2015 01:14
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Another story that CI is going to love: http://www.bloomberg.com/news/articles/2015-01-30/hootsuite-media-sees-possible-ipo-in-18-to-24-months-ceo-says
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Jan 31, 2015 01:24
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Baronjutter posted:I remember a very popular brand of phones canada made, but it's only a memory. 
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Jan 31, 2015 01:32
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Lexicon posted:Another story that CI is going to love: http://www.bloomberg.com/news/articles/2015-01-30/hootsuite-media-sees-possible-ipo-in-18-to-24-months-ceo-says There, we found hootsuites revenue
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Jan 31, 2015 01:35
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Jumpingmanjim posted:There, we found hootsuites revenue The ice burn on hootsuite as just being a cron job to do tweeting was top tier.
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Jan 31, 2015 01:38
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etalian posted:The ice burn on hootsuite as just being a cron job to do tweeting was top tier. Yup. I still chuckle about it when I see their name, including today with this story.
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Jan 31, 2015 01:42
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etalian posted:The ice burn on hootsuite as just being a cron job to do tweeting was top tier. I know what a cron job is, but is there something else to this joke that makes it super hilarious?
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Jan 31, 2015 01:50
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Jumpingmanjim posted:I know what a cron job is, but is there something else to this joke that makes it super hilarious? That investors have poured $250m into it, regardless of being slammed with employee controversy and generating no appreciable revenue from their services. They raised the largest private placement round in Canadian history. It's also going to be the last time US venture capital bothers with anything north of the border, when they utterly fail to return on that investment.
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Jan 31, 2015 01:58
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Jumpingmanjim posted:I know what a cron job is, but is there something else to this joke that makes it super hilarious? Probably the whole thing about Vancouver pretending it's the center of tech and innovation, when the biggest local IPO is just making easier for companies to spam products over social media.
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Jan 31, 2015 02:05
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At my old job I enjoyed running SQL queries to track daily active users on our Blackberry client. It was always good for a laugh.
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Jan 31, 2015 02:14
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Canadian innovation: I wrote a chrome plug in for twitter and raised 250 million
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Jan 31, 2015 02:19
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blah_blah posted:At my old job I enjoyed running SQL queries to track daily active users on our Blackberry client. It was always good for a laugh. the trend probably resembled the last 20 years of the japanese stock market.
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Jan 31, 2015 02:22
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Baronjutter posted:I remember a very popular brand of phones canada made, but it's only a memory. Nortel? I've still got one of those on my desk at work.
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Jan 31, 2015 02:23
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etalian posted:-Can you remember any premier made in Canada products similar to BMW, Iphone or Google?  I'm pretty sure blackberries weren't called "smartphones" until iphones came out and consumers actually wanted to own smartphones. Juul-Whip fucked around with this message at 02:33 on Jan 31, 2015 |
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Jan 31, 2015 02:31
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I laughed out loud at Nortel.
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Jan 31, 2015 02:37
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Cultural Imperial posted:I laughed out loud at Nortel. So did everyone who hadn't invested in them.
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Jan 31, 2015 03:02
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Cultural Imperial posted:I laughed out loud at Nortel. I too laughed at Nortel. Thread has def taken a turn into the surreal. Must be those ultra low rates on home loans goons must be tripping over themselves to take out to buy that 2-bed in Markham. Can you remember any premier made in Canada products similar to BMW, Iphone or Google Sure - Pulse Seismic - Medtronic DES stimulator - Open Text - ATI - Corelle (and AIM instant messenger) - Lotus 1-2-3 - Blackberry and SSH server systems - Magellan Aerospace and half of the SpaceX parts - Magna automotives, makers of nearly 50% of your mincome second hand Honda and GM poo poo-can compact. - CGI, proud maker of 80% of the world's internet systems for forward facing gov & mainframes - Precision drilling; most advanced oil rigs on the planet, no joke. - Bioware - Miranda - Palantir (the master algos were built at Waterloo) - padd drilling; google it. - ganong - cott beverage - highliner fish products - Ford escape and about 80% of Ford's R&D programs dating back to the Shelby push at Windsor special projects, including AWD and disc brakes - Hatch engineering, the only company who you legitimately call when Bechtel or Haliburton fucks something up - SNC - lululemmon - Canaccord - Scotiabank, largest bank in Latin America by deposits and second largest bank in the entire latinos including mexico - TD bank, second largest bank now in the US behind JP Morgan - Manulife, one of the worlds largest underwriters of global risk next to Lloyds of London - Power corp. If you dont know who the hell these guys are, I cant help you - McCain french fries; legitimate good PEI oligarchs. - Boardwalk. Again, if you dont know a gently caress about the largest commercial property manager in the world, I wonder how qualified you are to even post. - Baurer - Maple Leaf Foods - Rexall - Aliment Couche Tard; the largest kiosk and convenience store owner by footprint next to CVS Healthcare (yes, bigger than 7/11 now you sperglord) - Bombardier: proud maker of useless make work projects for the redneck trash of Quebec, and giving Casse de Depot grey hairs since 1998. Worst trust fund kiddies on the planet, and that's including Oracle's estate fund. - Saputo. Largest dairy maker in the public stock world. You cheese eating neckbeards literally consume 3 of their products every day, and the fact you have no clue they even exist is both the funniest thing I have read all week, and the most pathetic. - Tim Hortons. You laugh, but then again, so did the shareholders who tendered their shares of Burgerking. More indians know what the hell a double double is according to the last trade mission than who barack obama was. Think on that while working your mincome job at Canadian Tire tomorrow. - Globe & Mail. You laugh at this one, but nearly every editor from John at The Economist to half of Gawker got their start in that shithole. In journalism, Canadian free press and the publishing houses that are now Southham (old Hollinger) are tier one training centers & bull pens for aspiring editors and journalists. - CP Rail. Want to know who literally moves 40% of the USA finished goods? from your fleshlight to the mountain dew you purchased at wallmart last week? A fat sperglord named Hunter accepts thank you pizzas. He really does too. - Valiant Pharmaceuticals. I really hope I dont need to explain this one to goons. - Princess Margaret Cancer Center: Your head would explode if you knew which celeb's, dictators and nearly everyone who the world would write an obituary on, if they died elect to get treated at The Princess vs. Hopkins or Harvard Med. U of T has the top program for emergency booking/100% treatment rates in the OECD for both neurology and onco. - Onyx Corp. Gerald W. Schwartz. The joke of 'the Schwartz be with you?' its about this guy and how he and Frank Guistra nearly built Canada a entertainment industry. - Lionsgate. Frank Guistra and Peter Brown. American Psycho is so close to 1980's mining industry reality, your head would again, explode. - Barrack. Peter Munk. - The NHL. You laugh about this one, but there is only 2 profitable sports in the world, hockey and F1. While total attendance is way behind FIFA and NBA viewership, a NHL franchise stake is one of the most coveted and lucrative deals in sports finance, with exception to the recent tech bubble bidding up of NBA stakes for marquee teams like the Clippers. Now lets get to the oft hated energy sector: - Encana. Second largest natural gas producer in North America, 4th largest natural gas entity in the world. Yes, neckbeard thats 1 behind the much feared Gazprom. - Cenovus, also known as the brains behind ConocoPhillips. - Imperial Oil. Straight up known in Exxon Mobil as the training center for Exxon CEO's. - Calfrac, next to Halliburton the largest and most regarded frac sand manager/completions specialist in the world. Yes, the saudi family personally asks them to come fix their wells for them, along with Precision Drilling. On a first name basis after Halliburton botched Gwar in 2005. - Paramount Conglomerate. - CNQ. Because Koch doesn't drill 50% of the US's global crude imports and that crude has to come from somewhere. Ditto all those plastic keyboard parts filled with cheetos dust. - BP Canada. Now known as that piece of a joke called Talisman. Once upon a time, known as the place which discovered about 38% of the worlds hydrocarbons since 1985. Yes this includes most of the North Sea (Buzzard), the Moray Firth, lake Chad, Ethiopia's Rift basin, the Yemeni Grabbens, and pretty much the entire Java/Indochina basin (now known as Petronas when they nationalized it). - Niko Exploration. Before Doc ran it into the ground, it was one of the largest discoveries of natural gas in Indian history, it also bailed out the richest family in India, twice. The current Indian "miracle"? due to cheap energy? Thank a furniture salesman from Estavan and a Croatian-Canadian geologist who owed him on a land deal. - Waterous/Tristone/First Energy. Fun Fact, over 60% of the worlds Asset and Divestiture deals, where oil companies trade their land and production like you trade counterstrike skins? two groups of 28 nerds do that. That may not seem too impressive to your little nerdy worldview, but lets think about that for a moment. Every deal, from Talisman's sale to Repsol to the sale of a natural gas compressor likely went through that office, go get audited and sealed, and valued by every company in the world. Including Citgo. - Sproule / GLJ Associates: Like the world A&D clearing house, Canada is like Zurich for oil reserve auditing. Yes, even the world bank, when they need to be 100% sure Russia or Argentina is not cooking their reserve books before they offer a bail out package, they call up Calgary. Want to know why Canada seems to punch above its weight in the G7? Its because when it comes to the worlds arguably most important audit, how much energy do you have in the "tank", Canada literally is the auditors seal. Hope that post gave you a deep drive into Canadian corporate iconic brands. If you want to learn more, I suggest getting educated. Its hard, but way easier on everyone than posting ignorant comments about Nortel. Which was a great example of everything wrong with Ontario and Ontario based liberal corporate governance. John Manley alone is proof of this. Hal_2005 fucked around with this message at 04:06 on Jan 31, 2015 |
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Jan 31, 2015 04:03
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The thing about hootsuite and vancouver is that I have no idea what one does or how one makes money or even sustains itself in any meaningful economic way and the other is hootsuite? Serious chat I don't use twitter and I have no idea what hootsuite is, from the name it sounds like some kind of airbnb knockoff?
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Jan 31, 2015 04:05
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Throatwarbler posted:The thing about hootsuite and vancouver is that I have no idea what one does or how one makes money or even sustains itself in any meaningful economic way and the other is hootsuite? If HootSuite were applied to the forums instead of Twitter, it would basically be a program that allows you to post a specific message at a specific time instead of actually having to be there, pressing the Submit Reply button when you want it posted. It is orders of magnitude less useful or innovative than airbnb.
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Jan 31, 2015 04:08
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Hal_2005 posted:Hope that post gave you a deep drive into Canadian corporate iconic brands. If you want to learn more, I suggest getting educated. Its hard, but way easier on everyone than posting ignorant comments about Nortel. Which was a great example of everything wrong with Ontario and Ontario based liberal corporate governance. John Manley alone is proof of this. the greatest recognized canadian export 
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Jan 31, 2015 04:17
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Molson makes a lot of beers that are not associated with Molson when you look at the label. Maybe some tiny writing somewhere.
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Jan 31, 2015 04:22
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Hal__2005, how many jobs have these companies created since 2008?
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Jan 31, 2015 04:29
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So my brother and his girlfriend just bought a house in Fort Mac for over 800k. He's a firefighter and she's an RN so they both make good money but holy gently caress, why would you do this now? It's insanity.
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Jan 31, 2015 05:18
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Diamato posted:So my brother and his girlfriend just bought a house in Fort Mac for over 800k. He's a firefighter and she's an RN so they both make good money but holy gently caress, why would you do this now? It's insanity. Like, just now? After the oil price collapsed but not after house prices go down? I'd suggest some sort of mental issue for sure.
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Jan 31, 2015 05:20
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Cultural Imperial posted:Hal__2005, how many jobs have these companies created since 2008? I know CN has created a ton.
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Jan 31, 2015 05:22
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Diamato posted:So my brother and his girlfriend just bought a house in Fort Mac for over 800k. He's a firefighter and she's an RN so they both make good money but holy gently caress, why would you do this now? It's insanity. What would you say their combined annual income is? 150k? How much did they have for a downpayment?
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Jan 31, 2015 05:22
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PT6A posted:Like, just now? After the oil price collapsed but not after house prices go down? I'd suggest some sort of mental issue for sure. I should add, they came home for Christmas saying they were thinking of buying and my Dad spent about 4 days convincing them not to and they said "ok, you've convinced us!". Then we recently learned they had already signed papers with the loving bank or owner or someone before they came home, and that if they didn't go through with the purchase someone was going to sue. Regardless, they are now the proud owners of an 800k house in Fort Mac. Family functions are sure going to be fun for the next few years.
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Jan 31, 2015 05:25
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Diamato posted:So my brother and his girlfriend just bought a house in Fort Mac for over 800k. He's a firefighter and she's an RN so they both make good money but holy gently caress, why would you do this now? It's insanity. Because it has vibrant urban life similar to well known cities like Berlin.
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Jan 31, 2015 05:26
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Cultural Imperial posted:What would you say their combined annual income is? 150k? How much did they have for a downpayment? I don't know any details about down payment. He just got hired as a firefighter so whatever the starting wage is for that and she's been an RN for probably 8 years. I imagine they pull in over 100k a year but I can't confirm since we only see each other over the holidays really and we don't talk money. I believe they plan to have renters or some poo poo in the basement but I'm still at a loss for words they bought right when oil is loving collapsing in a town dependent on that very resource. loving hell. Diamato fucked around with this message at 05:34 on Jan 31, 2015 |
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Jan 31, 2015 05:28
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Diamato posted:I don't know any details about down payment. He just got hired as a firefighter so whatever the starting wage is for that and she's been an RN for probably 8 years. I imagine they pull in over 100k a year but I can't confirm since we only see other over the holidays really and we don't talk money. I believe they plan to have renters or some poo poo in the basement but I'm still at a loss for words they bought right when oil is loving collapsing in a town dependent on that very resource. loving hell. The canadian dream is overpaying for a house and then thinking it will work out since you can always find renters to make the payment. I guess some people just make decisions in a information bubble. Also due the bubble burst it will have lots of nasty ripple effects in the economy: Originally 2015 was to have $54 billion total in energy capex, after the bubble having to 24 billion total http://calgaryherald.com/business/energy/no-end-in-sight-for-oilpatch-spending-cuts-td-analysts Lots of canadian companies like Suncor also announced layoffs etalian fucked around with this message at 05:42 on Jan 31, 2015 |
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Jan 31, 2015 05:33
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http://www.vancouversun.com/business/energy/Chevron+puts+brakes+Kitimat+project/10774777/story.html?__lsa=d885-899cquote:
lol gently caress you christy clark
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Jan 31, 2015 05:54
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Hal_2005 posted:- cott beverage You're really holding these up as shining examples of Canadian ingenuity? OK, I guess Highliner is pretty decent and in my freezer right now, but I prefer the President's Choice competitors. Hal_2005 posted:- CGI, proud maker of 80% of the world's internet systems for forward facing gov & mainframes a/k/a the people who screwed up the Obamacare rollout Hal_2005 posted:- The NHL. And they say Ontario exporting is dead. They forgot about the Cup!
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Jan 31, 2015 06:00
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Cultural Imperial posted:Hal__2005, how many jobs have these companies created since 2008? Seeing as many of them no longer exist...
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Jan 31, 2015 06:12
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Cultural Imperial posted:http://www.vancouversun.com/business/energy/Chevron+puts+brakes+Kitimat+project/10774777/story.html?__lsa=d885-899c Its cool. We badly need a 'NEP' or 'Trudeau' for this generation. A politician who put their own electioneering and populism ahead of jobs, and in doing so, left their economy so hobbled with pork earmarks and no incentives, ensuring all the liberals are laid off and move back to PEI or Washington state. Shell and Petronas also highlighted a FID or any further work will likely not even be considered until 2028. Which means the 38% of BC's gross revenues that are (and were planned to carry the province to solvency post 2020) will be gone in the next 2 years based on capex cuts. And BC gets to enjoy the 'have not' status which made SK and pre-Harris Ontario such great places to grow up & work in during the last Canadian business cycle.
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Jan 31, 2015 06:14
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