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Post COVID Economy

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#81 Mike K.

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Posted 13 May 2021 - 04:27 PM

Yes, pretty much.

And we wonder why housing prices are through the roof, as is demand. There’s literally nowhere else to plunk your money than into real-estate and the markets. Messing with the interest rates at this juncture will just threaten new housing stock as already built inventory will plateau at worst, knowing that to build something new would cost purchasers more.

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#82 LJ

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Posted 13 May 2021 - 07:36 PM

Here is an article from the WSJ discussing inflation...



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#83 Victoria Watcher

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Posted 14 May 2021 - 07:38 AM






According to financial experts, Company Debt, it is estimated that every adult in the UK needs to drink 124 pints this summer to give the pub sector the cash injection it needs to reach pre-pandemic levels and get back on its feet.


The number in question is £25.66 billion, at least: this is how much was lost in pumps not pulled and pints poured away throughout the pandemic. This equates to 6,512,690,355 pints that never made their way into our bellies nor publican pockets.




Last month, we reported that 87 million glasses of the gods' sweet nectar had been wasted during lockdown and, from that day forth, we swore never not a single drop more would go undrank on our watch. Thankfully, now, we have a genuine economic reason—nay, a social responsibility to have as many crisp, cold pints as we like. It's for the good of the nation.

Edited by Victoria Watcher, 14 May 2021 - 07:39 AM.

#84 Ismo07

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Posted 14 May 2021 - 08:02 AM

If staff had no work to do then I would expect that they would be put on Government support programs exactly like what happened in the private sector. If City Hall is closed, then there is no point paying a receptionist to sit at the front desk as an example. Many munis did that. Tough decision but it needed to be made. Saanich and Victoria didn't (although Victoria pretended that not hiring seasonal staff was the same as a cut) because it isn't their money and who cares. 


Saving money could have been used to offset the reduction in revenues that are now driving the budget increases.


Wouldn't affect budgets for the following year.  Budgets are set and approved each year, if you save one year you don't get it back the next.  Council's determine where surplus is used annually.  You are making many assumptions, but staff are typically working.  City Hall was not closed for long.  The savings you are seeking would be minimal and again would not affect the following year.

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#85 VIResident

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Posted 15 May 2021 - 07:07 AM

U.S. clears way for Alaska-bound cruise ships to bypass Canada  

Darron Kloster Times Colonist

MAY 15, 2021 04:46 AM

“I’m not losing a tremendous amount of sleep over it,” said Robertson.


Edited by VIResident, 15 May 2021 - 07:08 AM.

#86 Barrrister

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Posted 15 May 2021 - 07:20 AM

Robertson should be losing sleep or maybe he should just resign. I guess his paycheck is the same regardless so why should he care.

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