Canadian politics thread

[westopher]

You aren't catching what's happening here. It's a 6 year trend of higher Canadian dollar where the global issue affected us for 1 year cause we followed them downward then managed to survive by selling our land to the highest bidding corporations.
You aren't understanding the point of the data I'm posting, because you conveniently found a graph where all the years before where the dollar trends around mid 70s cents is missing.
Our dollar will never climb like that again because we already sold everything. Check the 20 year graph I posted instead.
Even better go look at a 60 year graph.

[unit]

Originally Posted by Hondaracer

Look at this chart, what does it track in Canada?

fed conservatives were in power till the end of 2015...
so what im seeing there is that the dollar absolutely tanked at the end of the harper admin to levels it has not recovered from to this day.
plenty of blame for both parties since the libs didn't actually fix it, but this not the strong point you think you're making.

[sonick]

Lol tbh I'm just as disillusioned by Trudeau as anybody and do not doubt he had some influence leading up to the current state of the CAD to USD but I couldn't help adding the Fuck Trudeau line just to see what Honda would respond with and the subsequent discussion

Did not disappoint

[Hondaracer]

Originally Posted by westopher

You aren't catching what's happening here. It's a 6 year trend of higher Canadian dollar where the global issue affected us for 1 year cause we followed them downward then managed to survive by selling our land to the highest bidding corporations.
You aren't understanding the point of the data I'm posting, because you conveniently found a graph where all the years before where the dollar trends around mid 70s cents is missing.
Our dollar will never climb like that again because we already sold everything. Check the 20 year graph I posted instead.
Even better go look at a 60 year graph.

Yahoo finance month over month CAD/USD chart is a “convenient graph”? Ok.

It’s a decade of close to parody followed by the worst decade in the last 50 years. The bank of Canada charts showing CAD VS USD and Pound point to the only Time it being worse than it is today is WW2.

[westopher]

Canadian dollar was 61 cents US in 2001 dude. You need to go beyond the answer you like for once.

[Badhobz]

i dont like seeing west / honda / 69 style fight. 3 white guys fighting over another white guy.

dis is why western civilization is failing. Ya'll supposed to be united and go fuck over some 3rd world place by exploiting their resources. Thats what made our country great to begin with.

YOURE DOING IT WRONG!!!!!

[Hondaracer]

Originally Posted by westopher

Canadian dollar was 61 cents US in 2001 dude. You need to go beyond the answer you like for once.

https://www.bankofcanada.ca/wp-conte.../appendixc.pdf

That’s the one blip in this chart back to 1860.. I couldn’t zoom in enough on my phone. and surprise surprise, under a liberal PM? Weird.

So besides Paul Martin’s 2001 blip, the last decade has been the worse decade relative to both the pound and USD since 1860. There is no debate on this.

[westopher]

So, did Trudeau tank the dollar and keep it low? Or did previous governments create this problem which couldn't be recovered. I really hope RS still exists so if PP doesn't bring it back up to par you can say how it was the previous liberals fault, when this wasn't the previous conservative fault.
I just wanna see some consistency tbh.

[mikemhg]

This CAD to USD ratio is gonna kill me faster then these god damn rabid stray dogs that chase me on my bike rides in this god forsaken 3rd world city of San Antonio.

Can't wait to get my Canadian Tire dollars back home in Canada

[Hondaracer]

Just looked at the exchange I had in Vegas at t-mobile arena 2 weeks ago for a 750ML white claw. That single can would be $43 now

[westopher]

1993-2003 average value of the CAD to USD was 0.694
2014-2024 average value is .730
You must be thinking of the Persian gulf war. WW2 was before that.
I don't know why the pound matters here TBH. What the fuck are we getting from the UK? Jags and cans of beans?

[Hondaracer]

That’s what that bank of Canada report I posted lists as a baseline

[CivicBlues]

So not only are we getting fucked on the USD, we're also getting raped on the exchange rates on currencies with a US dollar peg (heh).

That includes countries that you might want to visit like:
Cuba
Hong Kong
Macau
Maldives
Belize
Barbados
Bermuda
Bahamas
Panama
UAE (Dubai)

[JDMDreams]

B.C. police officer dies by suicide after being charged with sexual assault

https://www.cbc.ca/news/canada/briti...eath-1.7414475

[JDMDreams]

People worry about rates when we literally lost 5% in a month due to afx. Doesn't matter what returns are if your canaindia rupees loose 5% in a month.

I guess the play now is take out as much debt as possible in CAD and invest in other currencies/ btc

[AstulzerRZD]

Originally Posted by westopher

So, did Trudeau tank the dollar and keep it low? Or did previous governments create this problem which couldn't be recovered. I really hope RS still exists so if PP doesn't bring it back up to par you can say how it was the previous liberals fault, when this wasn't the previous conservative fault.
I just wanna see some consistency tbh.

It’s a decade+ long issue.

Oil prices tanked the dollar at the end of Harper’s term
That left manufacturing, housing. education, and kinda immigration.

Almost each of these dominos keeping economy afloat fell l:

Immigration/education got enough media attention, so those got cut.
Housing kept things afloat till it got fucked by US rate hikes.
Only lever the gov had left was to drop CAD rates to keep that afloat.

Without smart natural resource and infrastructure investment/policy, I don’t see a way for Canada to dig themselves out of this hole.

Even the US is increasing skilled immigration with new H1B changes announced today; cue more brain drain and less Canadian big tech hiring.

[mikemhg]

We just need another subprime mortgage crisis here in the States and we'll be right back up to par again

[Manic!]

Originally Posted by CivicBlues

So not only are we getting fucked on the USD, we're also getting raped on the exchange rates on currencies with a US dollar peg (heh).

That includes countries that you might want to visit like:
Cuba
Hong Kong
Macau
Maldives
Belize
Barbados
Bermuda
Bahamas
Panama
UAE (Dubai)

More reason to travel within Canada. Keep Canadian dollars in Canada.

[mikemhg]

^Spoken like a true patriot.

Belize is awesome though, albeit a tad pricy, but less than Mexico nowadays.

[Hondaracer]

Everyone can vacation at affordable Airbnb’s… oh wait..

A day trip to chilliwack it is

Most Canadians vacation is just a walk to the food bank anyways hehe

[CivicBlues]

Outside of snowsports, winter in Canada generally sucks though. Where you gonna go Nov-March?

[Hondaracer]

Originally Posted by CivicBlues

Outside of snowsports, winter in Canada generally sucks though. Where you gonna go Nov-March?

Whistler, Sun peaks, etc. is $500+ a night now

Go to the Island to Tofino etc. rooms are still 500+ and it’s nothing but rain and the potential for road closures.

Went to Toronto last year during the family day long weekend and it -20.

In that Nov-March timeline you’re basically stuck inside wherever you go unless you’ve got a snowmobile or skiing etc. fun.

[EvoFire]

If only Canada took over Barbados when it was proposed, then we would have our own hot destination.

[CivicBlues]

Turks and Caicos was it not?

[pastarocket]

Originally Posted by CivicBlues

Turks and Caicos was it not?

Yes. There was some discussion between Canada and the Turks and Caicos about the islands being part of Canada as a province.

-reasons behind Canada saying NO to that idea as per Quora.com

Canada's decision to turn down the Turks and Caicos Islands' request to join as a province in the 1980s was influenced by several factors:

Economic Considerations: The Turks and Caicos Islands faced significant economic challenges, including high unemployment and reliance on tourism. Canada was concerned about the potential financial burden of integrating a territory with economic difficulties.

Political Stability: At the time, there were concerns about the political stability of the islands. Issues such as governance, corruption, and local political dynamics raised doubts about the feasibility of successful integration.


Geographical Factors: While the idea of a tropical province might seem appealing, the geographical distance from mainland Canada posed logistical challenges. The climate and lifestyle differences could complicate governance and the integration of services.

Public Sentiment: There was limited public support in Canada for the idea of adding a new province, especially one that was so geographically and culturally distinct from the rest of the country.


Focus on Domestic Issues: During the 1980s, Canada was focused on addressing its own domestic issues, including economic challenges and national unity. Expanding the country by adding a new province was not a priority.

-seems to me that because of the poor economy and corruption of the local government of Turks and Caicos in 1980s lead to Canada declining to acquire the islands. There was also little public support for adding a new province.