etalian posted:

It wasn't so much a cunning Saudi scheme, as rage quit and also admitting that OPEC is a hilariously ineffective cartel.

The much bigger reason is also how the extraction costs decrease over time due to better technology or how the commodity bubble led to a big oversupply situation.

Lexicon posted:

No wonder it's the primary career ambition of most working-age Canadians to get onto the public sector gravy train.

It doesn't exactly bode well for the future.

ductonius posted:

The smallest "Khrushchyovka" mass-produced pre-fab apartments in the Soviet Union was 323sq/ft in a single room.

Not only are Vancouver microapartments 75sq/ft smaller, but we must pay for the privilege of living in them, and probably won't be standing fifty years after they were built.

We've literally gone past the point where totalitarian communism did it better.

Saltin posted:

For me, the best part about the correction will be the end of these loving dipshit shows.

MickeyFinn posted:

I get the houses bit. What does the holes mean? Porn?

etalian posted:

In addition to private sector cuts, the commodity crash is already causing austerity type measures in Alberta:
http://www.cbc.ca/news/business/low-oil-prices-drowning-alberta-s-finances-1.2969151?cmp=rss&utm_source=twitterfeed&utm_medium=twitter

lmao, it's important to note that clever Albertans setup their budget to assume oil would stay at 95 dollars a barrel over the next few years.

Some mentally challenged individual that doesn't understand that a government's finances arent supposed to look like a households posted:

“We’re going to balance this year’s operating budget and carry on the work that Albertans have told us we need to do — deliver core programs and services, and build and maintain the infrastructure that is so important to the quality of life of our growing population.”

less than three posted:

I was quite dissapointed when they opened shop here. It was crap compared to local shops.

Cultural Imperial posted:

We want services but we demand the right not to have to pay for them because the government should pay for it.

Adventure Pigeon posted:

Holy poo poo, that plank wall is hilarious.

PT6A posted:

Where the hell are you getting your opinion of Albertans, anyway? Yeah, a lot of people here are dumb as gently caress and aggravating at times, but that can also be said about every other place on earth I've been or lived. What do you find so specifically disagreeable about Albertans?

Professor Shark posted:

What is wrong with you?

Cbc, because Herald has a paywall posted:

In an unusual move at this Monday’s council meeting, Magliocca asked administration to come up with something he can present to the company at an upcoming event.

“I like to reward them with a plaque from the City of Calgary. GM Fielding, how do I go about that?” he said.

“Your worship, we'll take that under advisement and get back to council in terms of what can do for that,” city manager Jeff Fielding replied.

“The recognition will on the 27th of March, so I'd like to have something on that before that,” Magliocca said.

Nenshi says it is not the city's practice to reward philanthropy, given that so many companies make major donations to charities.

He says it would be odd to single out one organization.

THC posted:

Does there even exist a city anymore where this does not ring true?

ocrumsprug posted:

"Does Calgary, unlike a number of places in BC, not put the developer of a new sub-division on the hook for all the associated infrastructure like sewer, roads and schools", he asked like a simpleton?

PT6A posted:

To be fair about Ward 7, I'd pretty much rather literally anyone or anything but Druh loving Farrell. She is the most miserable oval office imaginable, and I'd probably support an unrepentant murderer over her at this point.

Lumius posted:

She has a defined benefit plan which is pretty big. Also the situation is pretty easy to fix.

PT6A posted:

Prescriptions will probably be done in person for some time yet, but I think Canada's just behind the curve when it comes to grocery delivery.

It's actually one of the delivery services I want the most. It's trivial now to order prepared food from pretty much anywhere, why can't we have the same thing with ingredients? I hate grocery shopping with a passion.

Cultural Imperial posted:

jet sanchEz posted:

If you own, you are basically renting from the bank

Cultural Imperial posted:

http://www.bloomberg.com/news/articles/2015-04-17/canada-march-core-inflation-is-fastest-in-more-than-six-years

This is really good news. Time for a rate hike right?

Gorau posted:

I'm actually semi-optimistic. Calgary might do alright if we keep intensifying existing neighborhoods. Bowness and Montgomery are good examples of this. Because these areas used to be their own towns, the street system/property lines were set up originally with 4 acre lots. They've been sold off over the years, but a large number of the lots were still 50 or 60' by 110' or so lots. That's huge. Right now every time one of these lots goes up for sale (and sometimes two beside each other will) developers a swooping in to add 2 or three units on a lot where there used to be one. Right now last I looked Bowness had ~11,000 residents. I'd be surprised if it wasn't over 20 thousand in the next ten years. Mongomery is headed in the same direction and is probably ahead of Bowness in that regard too.

Jumpingmanjim posted:

If you want to see Vancouver as a post apocalyptic wasteland watch battlestar galactica

Cultural Imperial posted:

Want to make Airbnb less lucrative and thus increase long term rental stock? Increase supply of hotels.

Oh wait there's a cartel of special interest groups who aren't interested in this sort liberalization.

I guess this should put you sjws on the side of hotel chains.

PT6A posted:

To be fair, if I had the sort of money where having a $7 mil house seemed reasonable, I'd have at least 5 cars.

EvilJoven posted:

Holy loving poo poo people if the vent unit for your floor AC don't fit in your windows bring the vent hoses, window mount and a screen from your window to any place that does windows and tell them to rig something up out of polycarbonate.

Within a week you'll have a custom built thing that fits your window perfectly like it was a screen, looks good and you can secure your intake and exhaust hoses to. You'll even be able to close your window without the thing popping out.

At most it'll cost 300 and that's if you enjoy getting yourself fleeced.

EDIT: in case any of you guys actually do this, if it's a dual hose unit have the hoses mounted vertically so you can put the hot hose above the cold, it works better that way. Bringing the window thing that comes with the unit is important because they'll probably take it apart and use the actual hose end connector widgets on your fancy new thing and don't let them gut the screen you bring them, that's just for sizing and to match up the type of screen.

EDIT2: basically this. https://www.youtube.com/watch?v=fu1u1HoBtUs Only difference between it and the one I had was my hose attachments were black and had a grid to keep critters out and the frame was different because my windows were different.

PT6A posted:

It's because most people don't bother to cook any more, hence the proliferation of lovely restaurants to cater to their laziness. I share your frustration with awful kitchens with lovely loving storage space and an absurd layout.

Besides, anyone who's ever had them knows the real luxury countertop is Corian because you can then have sinks with no annoying lip for poo poo to get caught in. My folks have that, and it's the loving best. Makes cleanup a snap, and looks every bit as good as granite in my opinion.

etalian posted:

Alberta also has fairly low royalty rates so in addition to not having a Norway like sovereign fund to isolate slush money from the economy, companies got to create mordor while having to only pay pennies on the dollar in taxes.

Cultural Imperial posted:

Hey remember how all the oil industry experts were saying that oil would be back up to $90 a barrel by the the second half of the year?

http://www.cbc.ca/news/business/oil-price-takes-aim-at-48-us-a-barrel-1.3165367

PT6A posted:

The real problem with pizza prices is our insane dairy protectionism. Crush the dairy cartel and enjoy delicious, cheap pizza once more!

MrChips posted:

That gave me an idea; let's make Soylent Green out of Vancouverites!

Baronjutter posted:

Only bare related to real-estate but this empty storefront just got some amazing ads today.


I don't know what's actually going to go in, if anything, but lol.

triplexpac posted:

Behold, the horrors of renters!!!

http://www.torontolife.com/informer/features/2015/08/20/jesse-gubb-the-tenant-from-hell/

Cultural Imperial posted:

Having a lot of cash in hand right now is kind of a good idea.

Cultural Imperial posted:

And that's why all the loving talk about "adjusting expectations" and "increasing density" and "reducing zoning red tape" is loving bullshit that is completely devoid of any loving sense of finance it economics. Just bury your head in sand.