cwericb

Shoot the messenger, ignore the message?

Yeah the $17 was several years ago. But if it is less I'm certainly not complaining. :)

I may be wrong but my recollection of what Prem said agrees with Xerxes ~ $17.00. However things may have improved somewhat since then.

Ditto on Chou Ass, but retained some. We also share FFH & RY

Just heard a PEI real estate ad on the radio saying that the MAJORITY of their sales last year exceeded the asking price.

"With a minority government the Liberals will not be taxing capital gains on principal residence sale." Not only would it be extremely unpopular, it would be very difficult to implement. However, if the Feds have to start giving out more billions they could reduce the capital gains from the 50% level fairly easily to help replenish the coffers and it wouldn't be that unpopular with some segments of the population. Hopefully that will not be necessary.

I would think if they did something like that they would almost have some sort of value placed on every house as of today and then tax future increase from that point. If I remember correctly in 1994 I believe they did something like that when they dropped the $100,000 deductible on capital gains Isn't it more likely CRA would simply increase the taxable portion of capital gains from 50% to perhaps 75% or something like that? Something to think about though as I am sitting here waiting for email confirmation on the sale of two small properties and a change in the capital gains rate is something to be considered.

For those wondering why housing prices keep rising, consider this: World population 1900 = 1.6 Billion 1963 = 3.2 Billion - doubled in 63 years and (increased by 1.6 mil in 63 years) 2003 = 6.4 Billion - doubled in 40 years and (increased by 3.2 mil in 40 years) 2020 = 7.8 Billion - increased by 1.4 million in 17 years People have to live somewhere. "Billion with a b! Aside from poor covid response, Canada has been desirable to live for sure." Oops, millions corrected to billions.

Merry Christmas and a Happy New Year to all. Hopefully by the end of next year Covid 19 will be under control world wide and being vaccinated will ensure long term protection from the disease.

Trying to figure out if you are an optimist or a pessimist :) I would guess that it will be late spring (?) perhaps before I qualify (advanced age and all that) but am in no rush. Be interesting to see if there are any unexpected reactions in the meantime. Good luck with the tetanus shot.

Before long probably, haha & you?

In our area vaccinations are starting Wednesday morning.

Perhaps another situation of delayed reaction which often accompanies FFH good results?

Yup $17 is the number I remember.

Good Morning Cadboard Once again you are embarrassing yourself with your insults and your sadly ill informed opinions. Still hiding in your basement? Perhaps you know more than the Financial Post, but here is what they say... "Atlantic Canada’s housing market on fire as buyers from across the country swoop in to snap up homes." https://financialpost.com/real-estate/how-the-pandemic-lit-the-fire-of-a-red-hot-real-estate-market-inside-the-atlantic-bubble Here are a few other headlines just to help you out... “How the pandemic 'lit the fire' of a red-hot real estate market inside the Atlantic bubble” “Atlantic bubble fuelling red hot Maritime real estate market” “Booming Halifax housing market shows no signs of slowing ...” Now who is delusional? By the way, how is the real estate market doing in your area these days? Cwericb

The real estate market in Atlantic Canada has been on fire as people from across the country and elsewhere see the area as a relatively safe place from the virus. People are buying houses site unseen just to get authorization to move into the area. Prices are up 20%+ in the past year. The construction industry is booming and many contractors are booked over a year ahead. This has also fed an increased demand for furniture and all the other necessities required by new people moving into the area. Ironically this has gone a long way to offset the losses the tourism industry has suffered. It seems to show that taking steps to control the virus is not necessarily detrimental to the economy.

You gotta wonder about people who think it’s a big joke to have 2,000+ deaths every day and a quarter million dead. I imagine there are thousands of doctors and nurses, who would not appreciate the humour, not to mention a few million members of deceased’s families. As the hospitals fill to capacity and medical staff are on the edge of exhaustion, people with other sicknesses and injuries face reduced care. As the “flu” continues to spread, thousands flock to food banks. Meanwhile as federal public health officials explicitly warn against gathering in groups, Trump issues a proclamation calling for people to “gather” for the holidays. Party on guys, party on.

Around here, violate quarantine first time - $1,000, second time, $2,000, third time $!0,000. I only know of one person caught 3 times and I don't know about the fine but I do know he had an extended stay in the crowbar hotel.

Certainly hope you don't have any lingering effects. Keep us posted.

" And even if the doctors are sucessful in treating them in hospital, there is damage done by virus and we end up with long term symptoms." And that certainly is a major concern many people seem to ignore. Too many seem to be under the impression that Covid really only effects seniors and people with pre-existing problems. There is another concern with the creation of future ongoing health problems and that is the health and social costs should millions of people have recurring issues.

Hopefully that was sarcasm. I will add to this original post. On second thought, I have to agree that while there seems to be a lack of study into the effectiveness of masks in surgeries, there is a certain amount of common sense involved. When breathing we often exhale bodily droplets. If that person were carrying a disease those droplets could spread that disease to others because we know that is one way disease is spread. Wearing a mask might not completely stop the spread, but it would certainly reduce the amount of those droplets going into the air. If masks serve no purpose, we must have a lot of dumb doctors. To go back to my original post, would you prefer that doctors and nurses involved in operating on you wear masks or not?

For those who think wearing a mask is ineffective, next time you go in for a surgery tell the doctors & nurses not to bother wearing masks as they slice you open. Covid is like any other serious risk. You take common sense steps to avoid becoming a victim. But if your number comes up, your number comes up.

"Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q3 2020 Update" from Seeking Alpha https://seekingalpha.com/article/4389192-tracking-prem-watsas-fairfax-financial-holdings-portfolio-q3-2020-update?utm_medium=email&utm_source=seeking_alpha&mail_subject=frfhf-tracking-prem-watsa-s-fairfax-financial-holdings-portfolio-q3-2020-update&utm_campaign=rta-stock-article&utm_content=link-0

Chart as quoted in my previous post

Graph showing infection rates in Canada and US by State and Province. Bottom four are the Atlantic Provinces that have formed their own bubble and anyone traveling into those provinces must isolate for 14 days. https://scontent-lga3-2.xx.fbcdn.net/v/t1.0-9/125537019_1792435374250121_7315521977690977436_n.jpg?_nc_cat=106&ccb=2&_nc_sid=8bfeb9&_nc_ohc=ZscIoHuaImsAX95U4kS&_nc_ht=scontent-lga3-2.xx&oh=9df3a7b9b29dbfefda3ad728424c6be3&oe=5FD79FD6