Tag: news
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Liars And Thieves
Happy Sunday everyone. It is a good thing that bullshit isn’t taxable, because there would be a lot of groups with a very large tax bill. There is a misunderstanding in the insurance world. People think that their policy is with State Farm, so State farm is the one who foots the bill. My insurance…
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Let It Snow, Let It Snow, Let It Snow
A few years ago, I made the decision to move away from the North, and relocate to the South. After all, who really likes the snow and cold? But, I may have underestimated the power of snow. Snow it seems, whether walked in or skied on, seems to have a wonderful power to remove shitty…
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Piling On
The Canadian economy hasn’t really had much to cheer about lately, and it has left a lot of people wondering: Can It possibly get any worse? Well, about an hour ago, DJT confirmed that it can indeed get worse. About 60 minutes ago Trump announced that one of his first executive orders will be to…
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Spare A Dollar?
As I give out the Halloween candy this evening, I can’t help that think that Halloween and the Canadian housing market have a lot in common. Giving away extended ams and insured refinances probably won’t get the kiddos too pumped, but the average homeowner loves it. Of course, we are giving away things that we…
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Take A Pill
To quote Charles Dickens “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the…
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Time
There is one thing and one thing only that is truly the great equalizer – TIME. No matter if you are rich or poor, black or white, Christian or Muslim – it makes no difference as we all have 24 hours in a day. Elon Musk runs Tesla, Space X, Starlink and The Boring Company…
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What Are The Odds?
I have never believed in coincidences all my life, but the last couple of weeks are just getting out of hand. The amazing thing about the new changes is that it puts a lot of money into the pockets of mortgage insurers. Between the new insurable cap, and the 30 year am premium, mortgage insurers…
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Crash, Burn and Yield
Last week will probably be remembered as the week in 2024 when changes bloomed. Canada saw the awkward Monday morning announcement by the government about changes to the first time home buyers program. There is still a lot to be written on the official rules that come out on Dec 15th, but it looks like…
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If, When, and How
They say that everything works until one day it doesn’t. Today I believe was that day. This morning we had Canadian retail sales announced, and it was all around ugly. Not just your regular run of the mill ugly – this report started in the ugly tree, fell out of the ugly tree, hit every…
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Here Comes The Repo Man
Contrary to the title of the blog, we aren’t going to repossess anything. Quite the contrary actually. I can usually tell when people get nervous about a certain topic simply based on the number of emails I get to my inbox. This week was no exception after the BOC made an announcement on Friday: As…
Ryan Sims insights, thoughts, and analysis 