sbv

The federal Liberals and Conservatives want to "solve" the housing crisis by making it easier for builders to build new units.

Sadly, with interest rates and construction prices at current levels, it seems unlikely that private companies will be able to provide the 3.5 million houses we need to restore affordability.

We need all levels of government to start building housing, not just wait for white knights from the private sector to ride in and save our middle class dreams.

Residential property developers are facing rising insolvencies as they struggle with higher borrowing and construction costs – and industry experts warn the trend is likely to worsen as interest expenses remain elevated.

...

At this pace, Canada is on track to reach about 240 real estate insolvencies this year, which would be 57-per-cent higher than 2023 and 13-per-cent higher than 2009, when a wide swath of businesses ran into problems owing to the financial crisis and global recession.

...

And that does not include the number of developers and projects that have been forced into receivership for not paying bills. The Office of the Superintendent of Bankruptcy does not include receiverships with its publicly available bankruptcy statistics. However, insolvency experts say they are seeing more projects go into receivership.

So far this year, the real estate sector accounts for 55 per cent of the receiverships recorded by Insolvency Insider Canada, a website that tracks the largest insolvencies in the country. That compares to 30 per cent last year and 33 per cent in 2022.

...

Today, the cost of residential construction is 81-per-cent higher across Canada’s major cities compared to 2017 and more than double – up 107 per cent – in the Toronto region, according to Statscan data.

I try to collect conversation starters so I have things to talk about with people I like.

Some of them are general and work on anyone, like: "I'm moving soon!" or "how was your weekend?" or "did you see that ludicrous display last night?". Others deal with shared interests or common friends, so they're person specific.

What's a word to describe collecting conversation starters? Borrowing from other languages is legit.

... some kid in the daycare has lice.

We went through this a couple of years ago: one kid had a tonne of lice in his hair, my wife got infested and ended up shaving her head. The other kid and I lucked out.

Regardless of what happens, we've got some short summer haircuts in our future.

cross-posted from: https://lemmy.world/post/15835822

Door of Durin by poppel

https://teia.art/objkt/769117/listings

"The evidence establishes that the City knew that its failure to properly enforce the 2012 Bylaw would likely cause harm to the taxi industry.

"A multinational giant was invading Ottawa, and because of the City's unpreparedness and its lack of efforts to develop a plan to enforce the 2012 Bylaw, the City's enforcement efforts against Uber drivers were ineffective."

The octopus is one of nearly 5m Lego pieces that fell into the sea in 1997 when a storm hit a cargo ship 20 miles off Land’s End, Cornwall. While 352,000 pairs of flippers, 97,500 scuba tanks, and 92,400 swords went overboard, the octopuses are considered the most prized finds as only 4,200 were onboard.

The Ottawa Carleton District Schoolboard is winding up to drop early French immersion.

wtf

A woman is in critical condition in hospital following a police-involved shooting in Ottawa's Westboro neighbourhood.

Niyondagara, who is Black, said he was shocked with a stun gun, pinned down, struck in the face and handcuffed before police realized their mistake.

...

After some discussion about the name [of an alleged murderer], the police officer left the cruiser and soon returned to explain "that there was a misunderstanding," Niyondagara said.

The cops then drove Niyondagara home.

2,147,483,365 rounds of ammo
pull the trigger, 
miss the player, get shot in the head,
2,147,483,364 rounds of ammo in the gun

I've really been enjoying Wice recently. I'd call it synthwave, but I'm no expert. There's lots of synth. No vocals. Dramatic. It has a bit of a video game feel to it.