Poutinetown

u/Poutinetown@lemmy.ca
13 posts · 362 comments

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This attack comes less than eight months after another incident where a Ukrainian newcomer was stabbed and killed on his way to work at the corner of Talbot Avenue and Watt Street, several blocks from where Sokolova was attacked.

I'm starting to think those attacks could be ethnically-motivated. Especially asking if they are Ukrainian before attacking. I wonder if the two events are connected.

I don't think it's fair to look at Canada as a monolith. Quebec is generating most of its energy from hydro, whereas Ontario relies on a well established nuclear energy infrastructure. Provinces that need to change are Saskatchewan, Manitoba and Alberta.

Edit: Manitoba actually relies on hydro for 97% of their usage. So correction: only Alberta and Saskatchewan!

on *Permanently Deleted* · c/toronto · 15 pts · 2y

You want people to go downtown more? What about making it easy and safe (from stabbing) to go downtown via public transport? Rather than trams that takes 1h+ when it should be taking 20min?

“The total all-in cost was about $1.7 million," says Victoria fire Chief Dan Atkinson.

Two grants from the provincial and federal governments – totalling $660,000 – bring replacement costs in line with a new diesel truck at around $1.2 million.

“Total cost to ownership is definitely lower so when we look at that total lifecycle of say a 20-year vehicle, we’re saving a lot of money in fuel over that 20 years,” said Simon Upshon, manager of fleet operations with the City of Victoria.

Seems to be a fairly financially sound decision to make. Fuel is a massive cost for a car of this size.

Yeah problematic tenants are an issue, especially when the landlords are elderly folks whose alternative would be to seek professional management or sell it to REITs, both of which exacerbate the issue of rent price.

I think a rent cap could be a good way. It could be raised wrt to inflation. Then, government housing, better loan systems for non profit and maximize density to allow building taller rather than wider (making land cost minimal), but not tall enough that would create increased cost (elevators are expensive to maintain for example). A lot of initiatives need to be put in place, but one that could be effective is to lower costs of construction and find ways to increase productivity by improving resource management

The fundamental issue with housing as an investment is that it is a monolithic and non-fluid vehicle, which makes it worse when leverage comes into play. Whereas stocks can be purchased/sold at any time in an instant and have fractional costs (sometimes as cheap as 10$ per stock), houses are not, and fast fluctuations in prices could heavily impact your ability to realize your gains. So it is, on that aspect, a terrible investment.

For large companies owning thousands of units, this is not an issue since they are spreading the risks across the units (by buying diversely located units of all types). They can also quickly execute purchases and sales since they are in that exact business.

So the argument that houses are ways to pass down wealth is misguided: they are terrible ways to pass down wealth, and parents should leave a trust fund or safe investments rather than a house if their goal is to build generational wealth - housing should be passed down for personal reasons.