Writings from Last Week
- Tax Breaks a Coming? What is a Fiscal Statement? So the Conservatives couldn’t goad the Liberals into forcing an election with their throne speech, so now they will have a “Fiscal Statement” that may do this.
- Retiring a Debt? A classic rant from 2007 about spending too much and going into debt. Retiring a Debt Plan: what do you do when you retire a debt?
- Younger Rural Home Owners? Home Ownership for Young Adults More Likely In the Country An interesting new survey from our friends at Stats Canada.
- Happy Black Monday Anniversary Black Monday was the first big stock market adjustment of my adult life, and it was quite scary at the time, but we will see much worse soon.
- Flash: Inflation in September at 2.5% Canadian Inflation Rate at 2.5% Stats Canada snuck this one out, before I could put it in my original posting, crafty devils.
- Get off the Throne Will Ya? Stephen Harper Speaks From the Throne I just like that headline, because I have a potty mind.
- University Costs Holy Crap! Take control of university costs with these insights from a parent’s perspective.
- Bank of Canada has No Interest (hikes) Whoo Hoo, no interest rate increases from our Amigos at the Bank of Canada
- Leading Indicators Still Good for Canada Canadian Leading Economic Indicators Unphased by Financial Market Stupidities So the leading indicators are up 0.4% over August.
- Sunday a day of rest? I always feel guilty when I have my best financial ideas on a Sunday and I start trying to act on them, because I keep thinking that I shouldn’t be working on the sabbath.
- Lotteries and Friday Random Thoughts 250K! No not my net worth, what the odometer now reads (in Kilometers) on my 13 year old Honda Accord.
Fifty Cents More for Digital TV?
Rogers sent me yet another offer to get me to change my Cable TV package and this time it worked. The claim was it was going to cost me 50 cents more to get a digital TV box and package than what I currently paid. I was skeptical figuring that was the base cost, but at the end of it after taxes and service charges it was going to be a lot more.
I called, and I was surprised to see that this was not the case, but their claim was fraudulent none the less. The final price was actually 76 cents more than what I currently paid, but they gave me “free installation” to compensate for their mistake. Is this too good to be true? We shall see, I haven’t got my first bill yet, and the box is so small it will be very easy to throw it back to the Rogers Video store near my house.
Me getting a deal? Who would have thought it?
Cigarette Production Down
Good for many reasons, people are saving their money and not spending them on smokes, but also, less smokers usually means better health as well.
Cigarette production in September decreased 11.8% from August to 1.4 billion cigarettes, down 25.7% from September 2006.
Keep that money in your pocket, not going up in smoke.
Weekly Pay is Up In August
Only by $1.13 but that is up from the previous month, so that is not bad at all, really.
In August, the average weekly earnings of payroll employees (seasonally adjusted) increased $1.13 from July to $772.59. The year-to-date growth, calculated as the average of the first eight months of 2007 compared with the average of the same eight months in 2006, was 3.1%.
Good to know this one, but remember rising income, is another part of inflation as well.
In Heaven There is No Beer, That’s Why Canadians Drink It Here
OK, I am paraphrasing from one of my favourite Oktoberfest songs, but Stats Canada says that Beer continues to be Canada’s alcohol of choice, with Red Wine coming in a solid second.
In litres of absolute alcohol, the volume of sales of alcoholic beverages edged up 3.8% in 2005/2006 to 211.9 million litres.
Beer was by far the most popular beverage. In terms of dollar value, beer captured 48.6% of sales, wine, 26.6%, and spirits, 24.8%.
Consumers bought more than 2.2 billion litres of beer, up 2.9% from 2004/2005. This volume was worth more than $8.4 billion, a 4.8% increase.
That’s where some of our money is going, I guess. Alcohol purchases is up by 6.1%, but I can’t actually attest to whether that is true for me or not (I usually drink at friends houses, just ask them).
Pingback: Friday Random Thoughts - Canadian Personal Finance Blog
Cigarette production is actually up, not down. Legal cigarette production is down yes, but if you read deeper, the market is now 1/3 contraband cigarettes and 2/3 legal. In Ontario alone, the amount of contraband is 40% of the total market. It isn’t less people smoking, it’s less people smoking legally.
Watch out for a possible access fee outside of the ordinary subcription price.