Friday, March 31, 2017

The Differences of Living Between Toronto and Vancouver

Having made the move to Vancouver and back again, six years later, I thought it would be appropriate to post the following as I'm asked constantly the comparison between Toronto and Vancouver. Here are a list of the most common, starting with...

Weather: if you love four seasons, stay in Toronto. Although Vancouver and most of the west coast for that matter is in a very temperate zone that renders the surroundings Green and lush, that comes at the expense of an above average amount of rain versus the rest of the country. I sometimes wonders how could anyone in Vancouver or Victoria deserve having a Canadian passport where winter tires are a rarity. 

The Landscape: hands down Mother Nature has blessed the west coast with mountains resulting from plate tectonics on the Pacific side of the country. Despite that, skiing does exist in Ontario and Quebec although not to the same degree of elevation as in BC. 

Health care: if anyone has reviewed the financial statements of your province (like I have), Canada's provinces and territories are essentially health care providers as that is the number one expenditure (with education a distant second).  However, in BC, an extra charge of ~$75 is billed on top of one of the cheapest provincial tax rates in the country )unlike here in Ontario). This is covered by most employers. 

Marijuana: the laws may be the same but the attitudes are not. Just saying away from encouragement but beyond acceptance is where the marijuana issue lies. Some thing changes West of the Rockies and as such interpretation of rules are...misinterpreted or even flat out ignored.

Physical Activity: it is contagious when your co-workers are cycling to work in the morning or running during the lunch hour or come in Monday morning full of skiing or hiking stories.  However, there is a certain smugness too about it on top of British Columbians' luck of living in God's country.

Music: with the exception of the Commodore, the smaller venues and live music events tend to come and go in Vancouver. Due to the sheer size of Toronto, the choices between an open mic event and the top grossing concert at ACC are endless and it is likely you will find something for any eclectic interest in between.

Restaurants: Yaletown is concentrated between two short streets where you will find most of the restaurant scene in Vancouver with exception of establishments in Coal Harbour, Stanley Park or Queen Elizabeth Park.  Toronto is much more spread out making it difficult to answer the questions "what do you feel like?" Or "where do you want to go?" .   Lots of amazing seafood and sushi restaurants in Vancouver, of course. 

Electricity/Power: most of the power needs to heat your home, run the laundry machine etc comes from BC Hydro only (yes, no additional gas bill at the end of the month).  In other words, logic has prevailed in BC whereby a 1,000 sq ft uses approximately $26 to $28 per month and is bulled $26 to $28 per month. Not so in Toronto. With some Liberal math and the "greening" (in others words, past Liberal mistakes of cancelling contracts, shutting down coal plants,  wind turbines at all costs and selling power away to neighbouring States), that same electricity bill will run you three to four times higher. 

Taxes: BC has the lowest provincial tax rate in the country.  While in Ontario, the provincial government is copying the Federal Liberal government in spending like drunken sailors and taxing us to oblivion.

Property Taxes: from my limited experience there was not much difference, I think lower in BC; however, in BC you can receive a credit in the amount of approximately $400. 

Cycling: I will need a season to reply objectively; however, a very under rated waterfront trail system exists in Toronto connecting you to as  far as Niagara in the south west and Prince Edward county in the east.

So take your pick on the aforementioned items and make your own scorecard based on your priorities. 

More about BC and the recent election forthcoming....

Another Day, Another Broken Liberal Promise and Another Example of Liberal Math

http://www.financialpost.com/m/wp/news/blog.html?b=business.financialpost.com/fp-comment/the-federal-government-is-ditching-its-fiscal-pledge-adding-another-thing-to-the-list-of-broken-promises&pubdate=2017-03-31

Thursday, March 30, 2017

"The Kathleen" Should Look Over the Fences and Take Note of What is Happening in Other Provinces

Fellow Ontarians and Ontario Liberals, 

Some headlines you would not expect but is is proof of elected governments DO NOT HAVE TO BE BOUND TO CARBON TAXES, EVER INCREASING PERSONAL AND CORPORATE TAXES AND AN ENVIRONMENT OF LAWS AND FEES THAT STIFLE GROWTH, while the only ones that "get ahead" (yes Justin, your phrase) are the politicians passing these outrageous laws and building these sets of head-shaking, stifling circumstances. In Ontario, it's time to stop the insanity (that is, Kathleen, you and your party should have been thrown out of office several political gaffes ago, and it is time to elect a group of trained monkeys that would have a better performance record governing the province). 

In Quebec, traditionally known by ROC (the "Rest of Canada") for having a chronic hand out, is now on a path to having a balanced budget for the next five years...after three years of balanced budgets.
Quebec government balances budget again, cuts personal and business taxes
And in Saskatchewan, the ever feisty and refreshing Premier Brad Wall has laid down the gauntlet with the absurdity happening in Alberta under the NDP.
Brad Wall heats up spat with Rachel Notley by inviting Calgary energy companies to move to Saskatchewan
http://business.financialpost.com/news/economy/premier-brad-wall-kicks-tiff-with-alberta-up-a-notch-by-inviting-calgary-energy-companies-to-move-to-saskatchewan

Tuesday, March 28, 2017

Andrew Coyne (National Post) Says It All: With Changes to House Rules, What Path are the Liberals On?

From Andrew Coyne at the National Post, an article that is on the verbose side but is a necessary read. The  last paragraph will raise eyebrows (see below).

http://www.nationalpost.com/m/wp/news/blog.html?b=news.nationalpost.com/full-comment/andrew-coyne-renewed-attempt-to-rewrite-house-rules-shows-liberals-are-not-to-be-trusted&pubdate=2017-03-28

"...If all this sounds unduly suspicious, recall that there is a context to this. After the prime minister’s insouciant refusal to admit fault in the matter of the cash-for-access fundraisers, after the charade of “open nominations” in ridings that had clearly been fixed to suit the prime minister’s preferences, after the elaborate fraud that was Senate reform, after all the broken promises on everything from the combat mission against ISIL to the open bidding on the CF-18 replacement to — sigh — electoral reform, the Trudeau government has earned no benefit of the doubt. Whatever short-term advantage these and other ruses may have yielded them, they came with a price, and that price is very simple: as they are not to be trusted, so they are not, in fact, trusted..."

Wednesday, March 15, 2017

Happy March 22nd, 2017: Another Dudget Day

In another of former Minister of Finance Joe Oliver's sobering contributions to the Financial Post, he has outlined the absurdity of even thinking of tinkering with the Capital Gains Tax exemption. This has various repercussion and would impact every Canadian directly in their own portfolios, savings, future pension values and the Canadian dollar...NOT JUST THE RICH (as the Liberals like you to believe in their smoke and mirrors, everything-for-the-middle-class approach).

As Canadians we have only one major tax-free vehicle to attain wealth.  That is, our primary residences. As we scurry under rocks to protect ourselves from further random lightning strikes from the sh!tstorm cloud filled Liberal skies, where will savings and capital go? To the last bastion of tax free relief - the housing market - which will only drive up housing costs even further.

The Liberals have been at the helm now for almost a year and a half with no more clarity on what the final deficit will be (except likely to be higher) nor when will be able to pay off (well, we know the answer is no).

Unfortunately when you mention "Liberals" and "taxation", it has more of a connection like "wine and cheese", not "oil and water"....oh right, the Liberals really don't like oil.

Happy March 22nd...Like Father, Like Son

http://business.financialpost.com/fp-comment/joe-oliver-drunk-on-spending-the-liberal-governments-too-addled-to-see-the-idiocy-of-raising-capital-gains-taxes

Tuesday, March 14, 2017

Maryam Monsef is Still a Member of Parliament?

...And in other news, after her appalling feedback and handling of the findings from the Special Committee on Electoral Reform and new information about her real birth place - which count as fraud for citizenship purposes (that is, revocable) - somehow, the recently demoted Maryam Monsef is still a MP and a Canadian.

The Liberals have changed the rules in allowing those committing acts of treason and terrorists to maintain Canadian citizenship while highlighting (before Maryam's real birth place was even made public) the only way to have citizenship denied or revoked is by fraud.  Obviously the latter is not enforced.

A Legend: Run In Peace Ed Whitlock

I had the opportunity in past Scotiabank Waterfront and other running events where I saw Ed running with his unmistakable stride and his characteristic white hair bouncing.  I would always run the half marathon while he was not only besting my half marathon time but did it again in completing his full marathon event!  In particular, I remember catching glimpses of him as the marathoners start earlier than the half marathoners, and with typically a turnaround point on the route up ahead, myself and all the other runners would hear the cheers and claps as he would be on his way back, running towards us, then off on his extended marathon route.  Run In Peace Ed.

http://news.nationalpost.com/sports/ed-whitlock-dies-at-86-running-legend-smashed-world-marathon-records-deep-into-his-70s-and-80s