Preparedness for when

grandma247

I dehydrate, freeze and can foods that are on special offer. I also buy staples when they are a good price. I also grow a little food in my back yard which is a typical northern paved yard. I have a small growing box on my shed roof too.

Frugalsod

grandma247 wrote: »

The price of fresh foods as well as imported foods has indeed rocketed in Canada. Last week someone on a FB group posted photos of shelf prices. A cauliflower was over 15 dollars. Peppercorns were 18 dollars for a small jar. They have a very short growing season that makes it difficult to help themselves too.

The problem for Canada is that the currency has fallen in line with the oil price. So that means lower export prices, good for exporters, but rising import prices. Add in that they get 80% of their food imported and they are in serious trouble. Food banks usage has soared in Alberta and rents have fallen significantly. House prices in the oil producing areas have collapsed as well. Alberta has 11% of the population and produces 20% of the Canadian GDP. So when it suffers so does Canada.

The falling Canadian dollar is also causing significant problems for those who own property in the USA. The currency differential now means trips to the US are now much more expensive and costs of maintaining that home in Arizona are much higher. This could trigger sales of homes in the US.

Then the National Hockey League which has teams in Canada and the USA, pays wages in US dollars but the Canadian teams get their income in Canadian dollars so it could mean bankruptcy for some teams, as players wages have shot up in local currency terms.

Rising food prices are just the start of the problems there.

greenbee

Frugalsod is right - the Canadian economy is going through very difficult times. I've just been in Alberta and BC, and am now in Quebec and will be in Ontario at the end of the week. Alberta is particularly hard hit - jobs are disappearing, and they won't be coming back. If the economy does recover, it'll be different jobs. I can't say much more without either compromising my own anonymity or risking breaching client confidentiality, but I have been incredibly busy out here, and I know there will be a lot of follow-up when I'm back home trying to help my clients through this.

Interestingly house prices in Canada work differently from in the UK. The plot and the house have separate valuations - and house prices work like cars. They are worth most on the day the paint dries, after that they depreciate until they become what's called 'teardowns', with almost no value.

However, for anyone visiting from the UK it's nice and cheap. If you've always wanted to visit Canada, I suggest booking now. You'd be doing them a favour, they need you to come over and spend money

nuatha

Further to my post yesterday.
This morning's news contains the item that Hinkley C may be further delayed as the majority shareholder can't afford the investment.
Originally scheduled for 2017 and currently expected to begin production in 2025, Hinkley C was anticipated to produce 7% of the UK consumption.

The news suggests that EDF may request more money from the French government. Given the state of both the French and Chinese economies, I suspect there will be a funding shortfall.

While I'm not a fan of nuclear generation, I'm even less of a fan of the idea of a nuclear plant being built under very tight budget constraints or with budget cutting in mind.

ivyleaf

nuatha wrote: »

Further to my post yesterday.
This morning's news contains the item that Hinkley C may be further delayed as the majority shareholder can't afford the investment.
Originally scheduled for 2017 and currently expected to begin production in 2025, Hinkley C was anticipated to produce 7% of the UK consumption.

The news suggests that EDF may request more money from the French government. Given the state of both the French and Chinese economies, I suspect there will be a funding shortfall.

While I'm not a fan of nuclear generation, I'm even less of a fan of the idea of a nuclear plant being built under very tight budget constraints or with budget cutting in mind.

That's definitely concerning

Karmacat

I hope the money deal is going to break down all together.

[Deleted User]

Don't we live in interesting times? Euronews has just broken that there is a confirmed case of Zika virus in Denmark, a man just recently returned from Brazil. The ability to flit round this planet at will is giving all sorts of diseases a lift to places that have never even heard of them isn't it?

nuatha

Karmacat wrote: »

I hope the money deal is going to break down all together.

Unfortunately there's a huge amount of political capital already invested along with over £2 billion sterling, I can see this one going ahead, even though I'd rather it didn't.

Incidentally the cost of this single station could replace the entire existing generation infrastructure, with an export margin to boot, with the very latest low carbon gas technology.

I suspect we're being set up for the only way out is fracking and gas generation. (alongside a massive bill payer subsidy for a failed nuclear power station)

MrsLurcherwalker wrote: »

Don't we live in interesting times? Euronews has just broken that there is a confirmed case of Zika virus in Denmark, a man just recently returned from Brazil. The ability to flit round this planet at will is giving all sorts of diseases a lift to places that have never even heard of them isn't it?

Thankfully Zika is spread by mosquitoes*, if it had been airborne transmission it would have been a global pandemic by now.
Until 2013 the virus was confined to a narrow equatorial belt from Asia to Africa. In 2014 it was reported in French Polynesia and Easter Island. In 2015 it became established in Central and Southern America and the Caribbean and in 2016 in made the news in the USA and Europe. In three years its gone from being a disease confined to a narrow slice of the earth that even tropical medicine experts rarely considered to a threat that is making international headlines.

In potentially related news is the fact that we're about to lose the commercially grown banana. I'm saying potentially related in that the virus which previously eradicated the Gros Michel banana has mutated and now attacks the Cavendish (practically the only banana exported worldwide) as well as most indigenous forms seems to be following a very similar path around the world.

* There is some evidence that it has been transmitted by sexual contact, however this is not considered a major threat or even an avenue for research by CDC at the present time.

[Deleted User]

How sad, I like bananas!

[Deleted User]

mumbai airport catering

https://www.youtube.com/watch?v=nrerFOy97yw