Category: Uncategorized
-
Trust Me Bro
What would a new year be if we didn’t receive some updated tax rules? Well, it wouldn’t feel normal. Although Canada already has some of the most complex reporting on the planet Earth, the CRA is at it again, and has decided to make life just a little more miserable for the average person. Most of what…
-
Working Off the Bezzle
To most of you, the term ‘ bezzle’ is a word you have probably not heard of. If you have heard of it, you may think I am referring to a part of a watch called the bezzle, but I assure you I have little interest in keeping time. Bezzle is a very interesting concept, and…
-
Count to 100!!
Well, the Canadian December employment report is out, and it has to make a person laugh. Canada added 100 jobs in December. Yep, just 100. Not 100,000, but 100, although we LOST 23.500 full time jobs, and added basically 23,600 part time jobs, so really it is safe to say that earnings power dropped drastically in December. Based…
-
Potpourri
What a better way to start off 2024 than some random fire points that truly complement my ADD? While the world celebrated the turning of the calendar, a lot has been going on. Ahoy Mate!! As I mentioned in a post a little over a week ago, pirates are back at it. 4 Houthi rebel boats attempted…
-
History
As we wrap up the last day of 2023, and a year most of us would like to forget, it seems fitting that we take a look back. Something about this time of year always makes us look over the year that was, and vow that next year will be our year. Of course, for most of…
-
Inflation Could Ship the Bed
Over the last few months, we had witnessed a steady decline in inflation. There are many different ways to gauge inflation, whether you look at the CPI, CPI trim, or CPI core. It doesn’t really matter for my outlook today which inflation metric we use. Dropping inflation readings have been cheered by the government, central banks, consumers, borrowers…
-
It Was The Best Of Times, It Was The Worst Of Times
Charles Dickens wrote that line in the book A Tale of Two Cities. I am sure at the time, he had no intention of the saying being used to describe the Canadian economy, but here we are. As we head into 2024, a lot of people have been reaching out and asking me what I think…
-
We Need to Stop
It isn’t often I got wound up about something, but when I do, I am sure as hell gonna let you know. If I have to hear one more person say ” Well, if we exclude housing increases of 30% from the inflation number, it is back under 2% ” I am gonna lose my…
-
All That Glitters….
The age old saying is actually ” all that glitters is not gold”, but that was too long for a blog title. The aphorism is a warning that dates back to Shakespearian time, when originally it was reported as ” all that glisters is not gold”. So, who cares? Well, no one really cares about the origin…
-
Christmas Come Early!
As long as I have been alive, Christmas has fallen on December 25, and was always symbolized by a fat man in a red suit. This year however, it appears that it arrived on December 13, and was brought by a man in a banker’s suit. Yesterday Jerome Powell of the US Federal Reserve gave a…
Ryan Sims insights, thoughts, and analysis 