Gotta love Canada!

[Playboy]

even canadians are starting to complain that the harper regime has made a joke out of them
in the diplomatic world.

[h=1]Iran talks deserve Canada’s support[/h]
No matter. The Harper government has so marginalized Canada (in a region where it seldom had much influence to begin with) and distanced itself from traditional Western allies that nobody notices or cares any more what it says.

http://www.theglobeandmail.com/globe-debate/iran-talks-deserve-canadas-support/article17036981/

 

[Bi-honar]

Canada's middle class 'mortgaging its future' with debt...

Canadian dream 'a myth more than a reality,' internal government report says

 

[Bi-honar]

On a positive note...

Ontario to force large chain restaurants to display calorie counts on menus and menu boards

 

[Bi-honar]

I know our construction lien laws are ridiculous compared to the US, but still it bewilders me how things like this happen. If I'm not sure about a customer/contractor and the invoice is past 30 days, on day 40 they'll be receiving a letter saying we're putting a lien on the project. I know people don't like it, but hey you're better off pissing people off than going under...

Tradespeople, suppliers 'stiffed' in Pet Valu store expansion

 

[Bache Tehroon]

still it bewilders me how things like this happen.

Tradespeople, suppliers 'stiffed' in Pet Valu store expansion

It's becoming a way of life here.

Have you seen the immigration ads running these days?

"Canadian permanent residence with only $75,000 without language or education prerequisites".

It's in every Chinese, Pakistani, Indian, Iranian, Afghan, Korean and Sri Lankan community paper.

What it means is, get yourself $75,000 by any means (deal drugs, commit murder, rip people off, rob banks, kidnap rich kids, whatever) and escape to Canada!

This government needs money like crazy. They have to somehow fund their ponzi-scheme and who better than paranoid criminals who would give an arm and a leg for a passport that would allow them to launder money or run away from their crime jurisdictions? Yeah yeah, along with them let's import some "skilled workers" (LOL!) to make the number look good.

 

[Bi-honar]

It's becoming a way of life here.

Have you seen the immigration ads running these days?

"Canadian permanent residence with only $75,000 without language or education prerequisites".

It's in every Chinese, Pakistani, Indian, Iranian, Afghan, Korean and Sri Lankan community paper.

What it means is, get yourself $75,000 by any means (deal drugs, commit murder, rip people off, rob banks, kidnap rich kids, whatever) and escape to Canada!

This government needs money like crazy. They have to somehow fund their ponzi-scheme and who better than paranoid criminals who would give an arm and a leg for a passport that would allow them to launder money or run away from their crime jurisdictions? Yeah yeah, along with them let's import some "skilled workers" (LOL!) to make the number look good.

They stopped that program though bro didn't they? I thought I read that in one of your posts recently or it may have been on CBC. It was a STUPID program and attracted the absolute creme la CRAP from all over the world because it was BY FAR the cheapest one (and I don't mean just inexpensive ) in the whole world. In comparison for example, you need to pay Bulgaria $200k USD to become a resident there - BULGARIA! Spain just came up with a similar program and it's a 500,000 Euro investment in real estate.

The sad thing is that the people who came to Canada under this program have apparently contributed $200,000 less in taxes than average Canadians over the same 10 year period and $100,000 less in taxes than people who came under other programs (skilled workers, etc.). They're just leeching off the system with their fucking cash mentality, getting free healthcare and shit and paying nothing into the system.

 

[Bache Tehroon]

They stopped that program though bro didn't they?

No the program they stopped was "residency via real estate investment" which required outright purchase of a property worth over $250K and no landing in Canada (how fucking noble!)

The sad thing is that the people who came to Canada under this program have apparently contributed $200,000 less in taxes than average Canadians over the same 10 year period and $100,000 less in taxes than people who came under other programs (skilled workers, etc.). They're just leeching off the system with their fucking cash mentality, getting free healthcare and shit and paying nothing into the system.

They can't be blamed. The system wants them to do exactly that because it inflates the bank holdings and drives massive derivatives ($9 derived from every $1 actually deposited) and also helps fund these ponzi schemes like Old Age Security and bloated government pensions.

Canada's strategy for growth (survival) is to sell oil-rich lands to corporations while attracting immigrants' cash (not investment, but cash). In return, they're willing to give you a passport that allows you to go wherever the hell you want (for now). Oh, you're also free to visit a hospital and die on your own terms while waiting for a competent specialist to feel like making a correct diagnosis.

They really fucked this place up. It was such a nice and pleasant concept just couple of decades ago and now...

 

[Bi-honar]

In return, they're willing to give you a passport that allows you to go wherever the hell you want (for now).

Speaking of which, we were at the Brazilian consulate earlier today to get a visa for the WC! Turns out our passport is becoming more and more useless every day!

 

[Bi-honar]

Back to this $75k thing. So, a family of 5 can immigrate to Canada legally with $75,000 today, whereas in 1985 it would have cost them over $100k in 2014 dollars to go through smugglers and risk going to jail?! That would explain all the "dahatis" and rejects we're getting from China. You should see our neighbors - they are recreating Xinjiang province smack down in the middle of Toronto - I wouldn't be surprised one bit if they get some goats and chickens this summer!

 

[keyvan_pars]

Back to this $75k thing. So, a family of 5 can immigrate to Canada legally with $75,000 today, whereas in 1985 it would have cost them over $100k in 2014 dollars to go through smugglers and risk going to jail?! That would explain all the "dahatis" and rejects we're getting from China. You should see our neighbors - they are recreating Xinjiang province smack down in the middle of Toronto - I wouldn't be surprised one bit if they get some goats and chickens this summer!

LooooooooooooooooL
MUHAHAHA....

goats llloooooooooool

 

[Bache Tehroon]

Back to this $75k thing. So, a family of 5 can immigrate to Canada legally with $75,000 today, whereas in 1985 it would have cost them over $100k in 2014 dollars to go through smugglers and risk going to jail?! That would explain all the "dahatis" and rejects we're getting from China. You should see our neighbors - they are recreating Xinjiang province smack down in the middle of Toronto - I wouldn't be surprised one bit if they get some goats and chickens this summer!

Oh you're so optimistic dude! It doesn't cost anything like that. You're not paying anyone $75K to come here. You're only showing a balance of $75K in a registered Canadian account and are required to show at least one "attempt" to invest a portion of it within 3 years of your arrival! LOOOOLLLL!

In the Persian TV ads these days, they're actually outright promising full return of your principle $75K! ROFLMAO!

It costs literally less than $10K in travel expenses for a family of 5 to make it here as long as the criminal dad gathers $75K in an account and escapes to Canada in-time before the creditors catch him. Imagine how many I.R thieves, Chinese smugglers, Mexican drug dealers, Pakistani landlords, Indian Gavdari operators and Hong-Kongi match-box owners have made it here on absolutely nothing!

Oh! And once they come here, they buy properties at 500% the actual worth because they don't care. Their country of origin is paying at least 10-15% interest on savings while Canadian banks are charging less than 3% on 30 year mortgages! Then the poor fresh graduate who wants to buy a place and start a family here wonders where it all went wrong!

Why do you think Bank of Canada silently killed the prime-increase talks last year? Not because they give a shit about the domestic economy. Because the Canadian immigration/real-estate ponzi-scheme would collapse with a mere 2% interest hike. They're saying even a 1% increase in interest could burst the real estate bubble (I think that's a bit of a stretch, but that's how fragile this whole thing is)

 

[Bi-honar]

I was reading up on it a little bit Soroosh jaan after your post yesterday. The way I understood it is that you don't get the $75k back. That's the non-financed portion of a $600 or $800k loan and the banks keep that as interest on that loan. Yeah, totally agree with the BOC being in a lose/lose situation with interest rates. The funny thing is that 5 year mortgage rates dropped back to below 3%. Remember Flaherty was calling up the banks and telling them to raise the rates last time that happened?

 

[Bi-honar]

BTW, what do you guys think about JT's "gaffe" about Ukraine? I saw it in the news last night. Apparently he made a little joke on a talk show last week about the situation in Ukraine and the Russians being pissed off about losing in Hockey. Don't understand why everyone's making such a big deal about it. It's as if you can't be human or have the slightest sense of humor if you're in Canadian politics these days! Muclair just looked like an angry ape in Parliament yesterday and Stevie, well he's like the tin man on his way to see the Wizard!

Another interesting new bit last night was that CP24 had the main mayoral candidates (or should I say condidates) on the show and grilled them about having previously used drugs! As it turns out, all but one are stoners, but of course they only tried it in their college days and don't do it anymore!

 

[ChaharMahal]

It's becoming a way of life here.

Have you seen the immigration ads running these days?

"Canadian permanent residence with only $75,000 without language or education prerequisites".

It's in every Chinese, Pakistani, Indian, Iranian, Afghan, Korean and Sri Lankan community paper.

What it means is, get yourself $75,000 by any means (deal drugs, commit murder, rip people off, rob banks, kidnap rich kids, whatever) and escape to Canada!

This government needs money like crazy. They have to somehow fund their ponzi-scheme and who better than paranoid criminals who would give an arm and a leg for a passport that would allow them to launder money or run away from their crime jurisdictions? Yeah yeah, along with them let's import some "skilled workers" (LOL!) to make the number look good.

I have a few family members who might to take advantage of this.

can you forward me the details of the law perhaps as much info as possible.

perhaps and experience lawyer

 

[Silverton]

It's so frigging cold here

 

[Bache Tehroon]

I have a few family members who might to take advantage of this.

can you forward me the details of the law perhaps as much info as possible.

perhaps and experience lawyer

I have no experience with immigration lawyers but they all claim to have 25+ years of experience (even the 25 year old one LOL!).

This one has ads running all over the place and says it's possible to come to Canada with $75K or $120K (depending on the type of application):
[video=youtube;MOTCfXAm4ps]http://www.youtube.com/watch?v=MOTCfXAm4ps[/video]

Look at the related videos! Everyone and their mom is now an immigration lawyer

 

[Bache Tehroon]

I was reading up on it a little bit Soroosh jaan after your post yesterday. The way I understood it is that you don't get the $75k back. That's the non-financed portion of a $600 or $800k loan and the banks keep that as interest on that loan. Yeah, totally agree with the BOC being in a lose/lose situation with interest rates. The funny thing is that 5 year mortgage rates dropped back to below 3%. Remember Flaherty was calling up the banks and telling them to raise the rates last time that happened?

Banks have shifted the strategy. They don't really care about making money on mortgages as long as CMHC and other insurers back the principle. What banks now count on is the customer's lump-sum cash plus all the side-products and fees that go with a mortgage. Those are almost 100% profit.

Banks have diversified their portfolios (mostly made of derivative money=non existent money) to emerging markets where interest payouts are absolutely gigantic compared to the piss-poor returns in North America. Mortgage business is not their profit-making machine. It's the safer portion of their portfolio.

What the below 3% mortgage gives the bank is a way to attract cold-hard cash of the customer in the name of a "down payment". A customer with a $100,000 down payment gives the bank around $900,000 to play with (in derivatives). The customer gets a $600K cheap mortgage at less than 3% and is happy. The bank is also happy because their money is pretty safe considering the strong insurance policies in Canada. The bank goes and invests the generated $900K somewhere in Brazil, China or wherever and gets 10-15% return on it within the first year which means they've already made their money for the next 5 years. Even if the customer defaults on the mortgage, the bank wins regardless.

 

[Bache Tehroon]

I have no faith in the Canadian consumer, but looks like shit is about to hit the fan in a "soft landing"! That's what they're hoping for instead of a full burst.

Canada housing boom expected to cool, crash fears linger: Reuters poll

(Reuters) - Canada's housing market boom will fade out over the next three years and although analysts say prices won't fall from record highs most are at least somewhat worried about the risk of a crash, a Reuters poll found.

http://ca.finance.yahoo.com/news/ca...ool-crash-fears-linger-182642113--sector.html

 

[ChaharMahal]

I have no experience with immigration lawyers but they all claim to have 25+ years of experience (even the 25 year old one LOL!).

This one has ads running all over the place and says it's possible to come to Canada with $75K or $120K (depending on the type of application):
[video=youtube;MOTCfXAm4ps]http://www.youtube.com/watch?v=MOTCfXAm4ps[/video]

Look at the related videos! Everyone and their mom is now an immigration lawyer

Immigration lawyers in the u.s are not accountable at all. the more experienced they are the worse.

they have their legal aid file the papers with lots of delay and simply sign on the bottom.

they can legally tell you everything is possible even if there is .01% possibility. but they will happily take your money and then take forever to take any action on your behalf.

 

[Bache Tehroon]

Immigration lawyers in the u.s are not accountable at all. the more experienced they are the worse.

they have their legal aid file the papers with lots of delay and simply sign on the bottom.

they can legally tell you everything is possible even if there is .01% possibility. but they will happily take your money and then take forever to take any action on your behalf.

Same story here. For every Iranian that made it here using the services of these lawyers, there's 20 or even 200 who lost a lot of money for nothing. Trusting a lawyer or a law-firm with immigration applications is like peeing in your own food and eating it hoping not to get poisoned.

But to stay on topic, the possibility of getting Canadian permanent residency is very high for those with $100K+ capitals. I know this because that's all we keep seeing here.