Nearly 2 in 3 homeowners won't sell because of how much it costs to buy again: CIBC

CBC News

And we begin entering the end game when it comes to the housing market bubble.

"Fifty-four per cent said they don't think prices will drop and will keep rising forever." Er, that's an alarming statistic. Nothing is infinite in a market. At some point in the future, a million dollar home will become worthless. And then rebound to its natural price. And a great many people are going to lose a whole lot of (fictional) net worth.

At this point, it's any year now. Perhaps it's any month now.

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The human 'superpredator' is unique -- and unsustainable, study says

Los Angeles Times I can't imagine the world in ten years time. Twenty years. It'll be different. As different as the world was even in my own childhood. As different as the world was from my parents' childhoods. My elders speak of our role on this Earth as caretakers. However, we've abandoned this role in favor of materialistic pursuits. Of finite beliefs that will quickly degrade into ash when stressed, as heated glass touching cold water. All cultures historically warn us away from over-indulgence, and yet our own modern society celebrates this behavior as exemplary. This self-interest is our fatal flaw. We take what we want, and we give nothing. This cannot last. There are limits on this Earth we cannot comprehend in full. It is simply too vast. However, what little we do know should terrify us into acting more responsibly, even if only marginally. However we do not even do that. Our leaders urge us on to continue on as we have done. This cannot last. Eventuall...

Highway of Tears gets $3M for transportation safety plan

CBC News Realistically, there's only so much can be done The long term goal should be to be helping these remote communities become more and more self-sufficient so there's less need for a community member to have to travel to and fro their home to a neighbouring town for particular needs, or to strengthen the presence of civilization along side those roads and highways. However, three million dollars? Honestly, it seems quite a bit low. This is over 700 kms, altogether, with many communities, in-between. And the winter conditions alone are harsh and demanding. Three million dollars will be used up, very quickly. The most helpful part of this would probably be the $1.6 million allocated toward BC Transit. An extra bus per community with an extra diver should help, although it's a question if the funding will stretch to cover all the communities, in-between. Considering this is the provincial government, they can only do so much, and only indirectly. Now it's up to ...

Justin Trudeau A 'Stunning Hypocrite,' Top Environmentalist Says

The Huffington Post Canada Some pretty harsh words. And accurate, too. What is the point of more pipelines? Their effect on the Canadian economy seems negligible, at best. At worst, they're sinkholes, employing some, but draining time, money, and manpower from other industries that'd be of more benefit to the Canadian economy as a whole. At some point, the Canadian government's simply going to have to give up on the tar sands. They're a money pit. Canada's days as an oil-producing nation are long over. There's more money being spent on the tar sands then Canada's recouping, now. And the days when barrels of oil were selling at or over $100 per barrel are never coming back.

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