The Butcher posted:

Femtosecond posted:

Horgan kinda looks like a wrestler. How on earth have the NDP not played up the Horgan/Hogan thing and there hasn't been been a photo op with him ripping his shirt off.

Hulk Horgan posted:

And for you, Christy the Giant, it’s time to face the truth sister. Because when I think about what you and I have to do man. What I have to do is nothing. All I have to do is merely beat a five foot seven 150 pound woman. But Christy, you’ve gotta face the truth sister. In its purest form man. The purest truth there is man. The lobbying, paying your donors, triple deleting the emails. And to beat me man, You’ve got to beat every little Dippermaniac, every little Socialist in the province. Everyone that plays it straight. All the ones that don’t take any shortcuts brother. And they usually say “If the dirty air don’t get you in Victoria, the politicians will.” But in this case it’s going to be Dippermania. And the reason it’s going to get you man, it’s the purest form of the truth there is. And I can’t wait to see you go down at the feet of Dippermania in front of 4 million plus in the election. What you gonna do Christy the Giant when the real truth, the 24 inch pythons and Dippermania runs wild on you?

The Ultimate Weaver posted:

Voters stage left! Voters stage right! There is no place to run, Christy Clark! The batteries in your election bus have been burnt out and there is only one straight and narrow path to election day, and it deals with HOUSING AFFORDABILITY and KICKBACKS and CLIMATE CHANGE and taking back this province from the BC LIBERAL PARTY! You, Christy Clark, will feel the pain of losing, feel the power of the people on ELECTION DAY as the WEAVERS CLAW ALL OVER THE BACK OF THE ULTIMATE WEAVER AND TELL ME WHAT TO DO IS RIGHTFULLY RIGHT FOR BRITISH COLUMBIA, BUT NOT WRONGFULLY WRONG, BECAUSE THAT IS WHAT YOU DO CHRISTY CLARK! Take the governing of this province back - take it back to PARTS UNKNOWN, OR MAYBE VICTORIA, BUT NOT TO CHINA! LOAD THE SPACESHIP WITH THE BIOFUEL! LOAD IT WITH THE WEAVERS! BECAUSE AFTER ELECTION DAY, THE PROVINCE WILL BE MIIINNNNNEEEE!

Hulk Horgan posted:

It's tough because a lot of my friends in normal life, a lot of my friends in the entertainment business, and a lot of my friends in the wrestling business are gay. Just to say something spiteful and hurtful, I don't get it... if it was true and I was gay, I'd embrace it, and I'd tell you guys about it and I'd celebrate it.

quote:

[Horgan makes his way down with Eby and the Dix.]

[Eby holds a 'Eby for Premier' sign.]

David Eby: Hey hey hey hey hey. And to my brother down here, I ALREADY AM THE PREMIER! I love me!

MLA Horgan:
Well, I guess everybody realizes by now, Juan de Fuca Horgan don't play no more stinkin' games. You know, as far as JJ McCullogh comin' out here, tryin' to put a wrinkle on our plans in the legislature, well brother, it would be an honor to get in the election, take care of the orange and white NDP, the legislature all at one time, all of yesterday's garbage like Kevin Falcon, and Christy the Giant. But let me tell you somethin', boys. Horgan's gonna be your champion whether you like it or not. I'm gonna be the man that takes politics into the new millennium, with the orange around my waist because it's mine. And Christy the Giant -- you beat-up, ugly-lookin' creep -- well, I guess I'm gonna have to etch the lesson on your forehead, sister, because you don't make no stinkin' rules around here. You don't bring no opponents to the table, sister. Mr. Eby is the boss, he's the master, he signs all the documents, and Christy the Giant - you couldn't get it done, you couldn't bring anybody even if you had to, sister. And by the way, who is out there that Horgan can't handle, sister? [Kwan chant starts] Who is out there that Horgan can't put under his thumb, the God of MLAs or something? Well, sorry you didn't recognize me without my suit on, Clarke, but I'm the man, I always will be. There's not a MLA I can't beat to get my seat back. There's not a war that I can't win to get my seat back. And there's not an ecowarrior in the world that I can't beat to get my seat back. [Lights begin to flicker] Because I've beat....

Heenan: Uh-oh.

Tony: We're having a power surge here, or...

Heenan: Who knows? I don't like this.

[Lights go out completely and green spotlights begin to appear at the entranceway and the ramp.]

Tony: Fans, I...I'm sorry, I don't..

[Ecowarrior speaks in a muddled voiceover that is unintelligible.] [Ecowarrior appears at the entranceway and WALKS down the aisle.]

Tony: What is this?

Heenan: I don't know.

Tony: Just a silhouette of man that we see right now...but would you listen to the fans? [We see Horgan's face staring at Ecowarrior in disbelief, his lower jaw quivering.]

Tony: And look at the face of a...his. . . his bottom lip is quivering!

Heenan: (realizing who it is) OH MY GOODNESS!

Tenay: Oh yeah, the voters recognize him and so does Horgan!

Heenan: OOOH!

Tony: And so do we! In all my years I never believed I would ever see this!

Heenan: I can't believe it!

[Ecowarrior enters the ring.]

Tony: Unmistakable! It's the Ecowarrior!

Heenan: There's only one, and that's him!

Ecowarrior: Talk to me Ecowarriors!

Heenan: Look at Horgan!

Ecowarrior: Feel the real power, Horgan!

Horgan: I...I thought you were dead!

["Ecowarrior" chant begins.]

Ecowarrior: Who holds the absolute power now, Juan de Fuca Horgan? [Pop] Unleash that raising voice, ecowarriors! [Pop]

Tony: This is the last thing in the entire universe that Horgan ever expected. And you can see it. I never saw him shake before, but Horgan was shaking.

Ecowarrior: Seems as if no formal introduction is gonna be necessary! [Pop] Actually, it even seems that there are those who anticipated my arrival! [Pop]

Heenan: Well, they're glad he's here!

Tony: Horgan is. . .Horgan's. . .I think Horgan is s...I think he's scared to death. I think he wants to make amends.

[Horgan removes his MLA seat and offers it to the Ecowarrior.]

Tony: He. . . he's doing everything...look at this. He took off...he wants him to join him! He wants him to join him!

Heenan: There's the act of a coward, right there.

Ecowarrior: What is that smell? [Horgan drops the seat.] You might wanna use that [the seat] to clean up the mess you just made
all over yourself. [Pop] You need to open your eyes and ears, take control of the limited ability you have to understand the words I am about to say. For years, I have watched while this party, with you as it's figurehead, try to recreate what is simply unrecreatable. [Pop] I have heard, listened to all the innuendoes and speculation that something ULTIMATE ECOWARRIOR may soon re-appear. [Pop] Welcome to the reappearance! Those things, Horgan, which are irreplaceable, whether they be people, places, or things, are never forgotten. You are witnessing that RIGHT NOW!

Heenan: Horgan is visibly shaken.

Tony: Hah! I he-d-he-I---speechless. Has no idea where to go, what to say, what to do next. And the voters here are into it!

Heenan: He's at a loss for words.

Tony: Eby looks sick. [David is doubled over at the stomach.]

Ecowarrior: History tells us, Horgan... [LOUD "Horgan Sucks" chant begins. Ecowarrior signals it to end.] Let's talk about something he doesn't know. [Pop]

Heenan: Bingo!

Ecowarrior: History tells us, Horgan, that a man's legacy is built from the premise that within his life, the moments lived, once lived, become a piece of his history. Somehow, you have conveniently, even eloquently misplaced pieces of your history. In the one time, epical battle between us, Horgan, you were the quintessential influence of what was good, great, and heroic. But different than you may remember, and albeit you may have beaten myths, legends, giants, and other great men, you NEVER, NEVER beat an ecowarrior. [Pop]

Heenan: Right up in his face!

Tony: Right in his soul is what he is.

Ecowarrior: AND, CERTAINLY, NOT THE ULTIMATE ONE! [Pop] As the victor of that one time battle, I defeated what was, until then, undefeatable. I conquered what was then unconquerable. I dominated what was, until then, indomitable. On that day, you were great. I WAS ULTIMATE! [Pop] Let me introduce myself...to those two fools that stand behind you. Let's see, this ...dude [Dix]...must be your barber. [Slow pop] [Tony, Heenan and Tenay chuckle on that one.] And who are you, little man? [David] Who are you?

Tony: Introduce yourself, here.

Eby: You know who I am. My name is David Eby and I run this party and who invited you?

Ecowarrior: [Laughs] Different than you wanna make people believe, I never received an invitation. I showed up on my own accord. And let me tell you, Mr. David Eby, if you stick your nose in my business, you will only very quickly prepare for your own demise. [Pop] Furthermore, when I get done with my business here, I'm gonna be sending you a bill. I suggest you pay it. I have...waited...patiently. The ECOWARRIORS have waited all too patiently. Now...NOW...the virtue of justice unties my hands so that I can continue to fulfill a destiny set in motion on that memorable day years ago. A destiny at the next level. A destiny beckoning the next superhero. [Pop] There really is no sadder sight than when a grown man fears the challenges in his life so much that he rationalizes adolescent behavior to the point where he carries out heinous and self-indulgent actions. Your evilness, an evilness you embodied and portray, is intolerable. I am the one that has the power to destroy you. [Pop] In sorts, Horgan, the truth is inexhaustible. I come here, not to beat you up tonight, Horgan. [boos] Beating you means nothing anymore, everybody already has. [Pop]

Heenan: Now to Horgan, that hurts.

Ecowarrior: No no no no no no no no no, that's too easy. Because you felt guilty for being who you were. Your mind became weak, and Dippermania became boring. I come here, Horgan, to tell you -- NEXT WEEK -- I intend to launch a revolution not even you can control. [Pop] I ask you to find the courage -- check it out. Next week. Same Ecowarrior time. Same Ecowarrior place. Same Ecowarrior channel. {Crowd goes along with the words} *SNORT* [Pop] [The lights dim and the ring quickly fills with smoke. The lights flash 4 or 5 times and then turn back on. The smoke quickly dissipates to reveal the Ecowarrior is gone. Very cool effect as it only takes about 6-8 seconds.]

Tony: He has vanished! Ladies and gentlemen, in one of the most mind-boggling and incredible displays that we've ever witnessed on this program, the Ecowarrior has literally vaporized before our very eyes.

Heenan: Never seen anything like this in my life.

Tony: There's never been anything like this in our politics!

quote:

Economists believe that domestic growth has moved from resource-dependent to real estate dependent and this has numerous implications. Interest rate policy and household debt levels take on added economic importance and, more subtly, politicians seeking re-election become more concerned about the housing market. Bloomberg reports,

"On Friday, Statistics Canada released gross domestic product data that showed February was a banner month for sectors linked to housing. The real estate industry, residential construction, financial and legal services generated a combined 0.5 percent increase in output, the biggest one-month gain since 2014. Without those, the overall economy would have contracted slightly in February.

quote:

Life After Oil Makes Real Estate Canada's New Economic Crutch

Housing fuels everything from lawyer fees to state revenue
Banks pivot their business lending to real-estate operators
Two things happened last week that were a reminder of just how vital real estate has become to Canada’s economy.

On Friday, Statistics Canada released gross domestic product data that showed February was a banner month for sectors linked to housing. The real estate industry, residential construction, financial and legal services generated a combined 0.5 percent increase in output, the biggest one-month gain since 2014. Without those, the overall economy would have contracted slightly in February.

A day earlier, the Ontario government released a budget that projects land transfer taxes will surpass C$3 billion ($2 billion) in the current fiscal year, from C$1.8 billion three years ago. For the province, it’s the difference between a balanced budget and a deficit.

Measures of housing’s contribution to the economy are imprecise, but estimates largely put the direct contribution in excess of 20 percent.

It’s much more than that once you add all the indirect effects, with benefits spread widely from lawyer fees to government revenue and increased retail purchases through so-called wealth effects as rising home equity values prompt households to ramp up consumption. The big worry is that Canada has moved from a reliance on oil to a reliance on real estate.

The influence of housing on the economy is so pervasive that it won’t take much of a slowdown to act as a major drag on the economy, said Mark Chandler, head of fixed-income research at RBC Capital Markets in Toronto.

“You don’t need a collapse in house prices, you don’t need housing starts to be cut in half for weaker real estate sector to have a significant effect on GDP and incomes,” Chandler said. RBC’s ballpark estimate is that a 10 percent decline in national home prices would knock a full percentage point off growth.

A Toronto Dominion Bank report from 2015 found the housing wealth effect has been responsible for about one-fifth of all growth in consumption since 2001.

“A lot of the strength we have seen in consumption is housing related,” said Brian DePratto, the economist who wrote the 2015 report. If you strip out the direct and indirect impact from housing on the economy, “you are talking about a much lower trend pace of growth.”

Record Loans
It’s hard to believe, but there was a time not long ago when Canada’s banks lent more to businesses than home owners. It was the norm in fact until the early-1990s, when mortgage loans surpassed business lending for the first time. Residential mortgages today make up about 52 percent of all chartered bank loans, versus 21 percent for business lending.

Still, that portion of business lending is up from a record low of 19 percent in 2012, suggesting that as home valuations become stretched and as mortgage and capital regulations tighten, banks are increasingly looking to companies for lending growth.

A closer look, however, reveals that much of the new business lending is in fact real estate related. Bank of Canada figures show 14 percent of all private business loans from chartered banks are now bound for so-called real estate operator industries, the biggest share in the history of data back to 1981.


The C$27.4 billion in private loans to the sector, which represents companies that own and manage real estate assets, exceeds the combined lending to the manufacturing and oil and gas sectors combined. That’s on top of the C$15 billion loaned to developers, more than double levels in 2010.

The chartered banks are also lending to real estate operators at the fastest rate on record -- C$10 billion since the start of 2014.

The pattern makes sense. Profit margins in real estate rental, leasing, and property management industries were around 34 percent in 2015, Statistics Canada data show, and banks want to lend to profitable businesses. Yet, it also means lenders are increasingly exposed to the industry on multiple fronts.

namaste faggots posted:

https://www.bloomberg.com/news/articles/2017-05-01/life-after-oil-makes-real-estate-new-crutch-canada-eco-watch

Lolllll

cowofwar posted:

Land is so expensive now that the costs of the asset can't be covered by income from the land - the only thing that makes it economical is the capital appreciation. Basically the definition of a bubble.

dev286 posted:

Wow we are wayyy more hosed than I thought we were...

I remember the recession of the 90s. This will be much much worse.

BRB, stocking up on dried and canned foods.

namaste faggots posted:

I was born in your loving country idiot

namaste faggots posted:

You guys should have heard the gasps of disgust when a bunch of parents heard my favourite junk food is balongna sandwiches, spam fried rice and eggs.

namaste faggots posted:

I was born in your loving country idiot

namaste faggots posted:

Yeah it's pure 100% organic non GMO fair trade virtue eating for you right

namaste faggots posted:

spam fried rice and eggs.

mashed_penguin posted:

If I remember correctly there is a goon who does the live aboard thing in Victoria. He had a blog at one point.

Baronjutter posted:

Victoria voted no on a foreign buyer tax for some reason. Apparently a bunch of realtors and developers went before council and scared them into voting no.

EvilJoven posted:

Oh my loving god just leave the GTA and Vancouver.

EvilJoven posted:

Oh my loving god just leave the GTA and Vancouver.

Jordan7hm posted:

Move to Ottawa.

Jordan7hm posted:

If you speak french