News   Dec 05, 2025
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News   Dec 05, 2025
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  1. K

    VIA Rail

    This is exactly what I am wondering. How does additional capacity that is evenly distributed mess with their yield management?
  2. K

    VIA Rail

    I would love to know if adding coaches makes money for them or is a net increase in subsidy.
  3. K

    PM Mark Carney's Canada

    Good spot. I did some courses up the street at the NATO School in Oberammergau. Trips like that are what got me interested in urbanism and hence onto this forum. It's always easy to tell who from the military got posted to Europe or Asia. That exposures makes the majority of people urbanists.
  4. K

    VIA Rail

    Any rumours on when VIA will finish retirement for all the legacy trainsets in the Corridor?
  5. K

    2022/25 Russian-Ukrainian War

    Partly the fault of the West. We really haven't been as forceful as we should be with sanctions and arming Ukraine. The EU is a mess with duplicitous members.
  6. K

    2022/25 Russian-Ukrainian War

    Really is interesting to watch the divergence between North America and the rest of the world. Really is depressing for anybody who takes an interest in this stuff to see us be on the side of stupid, this time. Not just Americans either. A lot of Canadians are equally clueless. It's an...
  7. K

    PM Mark Carney's Canada

    The standards are different. US (and synch'd Canadian) standards are heavily focused on crash safety. European standards are focused more on pedestrian safety. There are distinctive design choices there that can be contradictory in each jurisdiction. There's also all kinds of little...
  8. K

    2022/25 Russian-Ukrainian War

    I get the skepticism. But I think it's happening a lot sooner than you think right now. The turnaround from lab to product is insane in China. They went from LFP batteries being a nice cheap fringe idea to half of all car batteries sold globally in five years. The same thing could happen...
  9. K

    2022/25 Russian-Ukrainian War

    To a point. That demand destruction is not enough to put a hard cap yet. It's more behavioural economics. OPEC knows they need to keep prices low enough to slow the transition and not create a recession. When we start getting to the point where 50% of global car sales are EVs (around 2030)...
  10. K

    PM Mark Carney's Canada

    Not just that. The company that is bidding in the Canadian submarine program is Hanhwa Ocean. Literally a competitor to Hyundai Heavy Industries. So not even the same family.
  11. K

    PM Mark Carney's Canada

    It's just exceptionally hard to cut deals like that. You are tying companies that are not related together. How the heck would that work contractually? Especially if there's a failure on one side of the contract. We need a broader strategy. This problem is definitely not going away with...
  12. K

    PM Mark Carney's Canada

    And yet you simply propose doing that by other means here. Your manipulation of tax rates is functionally the exact same thing. Because making all kinds of clauses and holes in the tax code just makes it more difficult and bureaucratically complex for everyone. In any event, let's stick to...
  13. K

    PM Mark Carney's Canada

    That's because it's not really UBI. It's min income masquerading as UBI. That's how they end up with a net cost of only $36B. They also don't pay individuals and families the same amounts. And they get to 75% of LICO. That min income programs are cheaper is not new information. Especially...
  14. K

    PM Mark Carney's Canada

    UBI proponents never want to get into the math. Because 1) The numbers start showing how absurd the idea is. 2) Globalized economies mean that the people who have to pay for this are basically every person who earns more than UBI. Cause companies will flee if taxed to that extent. And...
  15. K

    PM Mark Carney's Canada

    Sure. And which politician will run on raising the GST to 9%? I applaud you for at least suggesting GST. Usually, the conversations here always devolve to the suggestion that somebody else (the billionaires or corporations) pay for it. Which is of course, not how real life works.
  16. K

    PM Mark Carney's Canada

    Yes and no. Corporate tax rates are too low globally. Unfortunately, unilaterally raising corporate tax rates is also a good way to cause capital flight. And really unfortunate for us, we're a branch plant economy of the US, where companies can easily pick up and move to (and are now actively...
  17. K

    PM Mark Carney's Canada

    It's $17k per person. So it's multiples of $17k. And while I'd happily pay more in taxes to get that, I still don't think your math works out. Again, we're talking about more than the federal government takes in with all taxes. You can make every billionaire in Canada a millionaire (if they...
  18. K

    PM Mark Carney's Canada

    A good preview of where all this is heading is France. The cost of pensions is killing them. Any attempt to reform simply bolsters the far left and far right. And of course, now they face far right governments all over Europe who are just blaming immigrants for why they can't afford those...
  19. K

    PM Mark Carney's Canada

    I agree that a lot of UBI proposals aim to be more administratively efficient. The problem, however, is that to provide any level of income that would be marginally useful, the income provided would have to be well beyond the cost of current transfers (as seen in the maths above). And therein...
  20. K

    PM Mark Carney's Canada

    Is it? Rough math says $17k for 41M people is $680B. And the government still has to fund schools, hospitals, emergency services, defence, etc. Even if we assume that the $680B is offset by personal transfers ($136B), we're talking about $544B in new spending. This is greater than all...

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