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A Roaring 20s economic rebound for Canada depends on these things – Global News

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Brianna Davies and her family were on a “bucket list” vacation to South Africa during March break in 2020 when it was cut short by the COVID-19 pandemic.

“Trudeau told Canadians to come home and the South African government declared a state of national disaster. There was so much speculation and uncertainty at that time so we packed up and came home,” she told Global News.

It’s been more than a year since then, and Davies says she’s going to adopt a new outlook when things return to some semblance of normal.

“I’m going to say yes more to quality time with my good friends, family, travel and eating out at restaurants,” she said.


Toronto resident Brianna Davies and family on vacation in South Africa in March 2020.


Photo supplied

Davies is like the majority of Canadians who have continued to earn money during the pandemic but have been saving like never before. COVID-19 restrictions have left approximately 40 per cent of workers worse off financially, according to a survey from  FP Canada, a national organization of financial planners, published earlier this month. That means the majority of Canadians are in better shape finance-wise. TD Bank estimates collective savings reached a record $200 billion in 2020.

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Pandemic leaves Canadians either seeking help or with extra cash


Pandemic leaves Canadians either seeking help or with extra cash – Mar 9, 2021

Restrictions on travel and leisure activities leave fewer things to spend money on. Much of that money has instead flowed into the stock market, been used to pay down debt or to renovate or purchase a home. TD Bank Senior Economist Sri Thanabalasingam estimates that “closer to $100 billion” is waiting to be spent. When and if deployed, that would be an enormous boost to the Canadian economy.

Read more:
Here’s where Canadians spent the most money during COVID-19 pandemic

Many economists have surmised that pent-up demand for social interaction, combined with a historic amount of savings, could fuel an economic bump reminiscent of the Roaring 20s. That era of social and financial cutting loose came after the deadly 1918 flu pandemic. The similarities between then and now are striking: the stock market was soaring and people felt the urge to live life to the fullest and spend money.

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Female flappers dance while musicians perform in 1926.


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In the Conference Board of Canada’s March report “Hope At Last,” the forecast for 2021 includes an economic surge the likes of which we haven’t seen since 2007, during the financial crisis.

Thanabalasingam predicts a big pick-up when restrictions lift across the country, likely starting in the second half of this year and continuing until early next year. That economic rebound could translate to GDP growth of six-to-seven per cent in the last two quarters of this year, he says. But his forecast is dependent on the pace of the vaccine rollout as well as the impact of the more contagious COVID-19 variants.


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Science director of Ontario COVID-19 Advisory table issues stern warnings about third wave variants

He says that in late 2020 and early 2021, the easing of restrictions resulted in “very strong” consumer spending, based on debit and credit card data from TD. After weakening in December and January when Ontario and Quebec entered lockdown there was a “solid rebound” in February when restrictions began to lift.

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A sudden increase in demand for goods and services after months of low or non-existent demand is bound to create headaches for certain supply chains, as evidenced by what’s already happening in the U.S. Thanabalasingam warns Canadian shoppers to brace for potential shortages. Bike parts and semiconductor chips are already in short supply. A frenzy of shoppers could squeeze other items too.

Read more:
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And after months of tame inflation and a roller-coaster ride for the Canadian economy, which began with an unprecedented plunge a year ago at the onset of the pandemic, there are signs that inflation could flare-up. Historically, as countries emerge from recessions and gross domestic product (GDP) climbs, inflation eventually kicks in although it lags economic gains.

Thanabalasingam says that an initial spurt of inflation could alarm shoppers and make them change their buying habits, thus stoking further inflation.

Read more:
From furniture to toilet paper, Canadians warned of shortages, price hikes amid trade logjams

“If you think that prices are going to be higher tomorrow for a specific product compared to today, you may react by buying that product today,” he says. “If everyone kind of does the same thing, there’s an increase in demand and supply necessarily may not be there. This leads to inflationary pressures.” He describes the phenomenon as a “self-fulfilling prophecy.”

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There are a lot of moving parts that could feed into the timing, size and longevity of the recovery, including further aid from the federal government. As well as the ripple effect from the nearly US$2 trillion in stimulus approved south of the Canadian border.


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Coronavirus: Biden tells Americans they must beat the virus to get economy running – Mar 11, 2021

Regardless of when the end of the pandemic — and the green light to resume regular social interactions — arrives, Davies says she’s already planning for it.


Davies on a family trip to Paris in 2019.


Photo supplied

“I really rely on travel as an escape. Not just the actual trip, but planning the trip and looking forward to it gets me through a lot of stressful long days,” Davies says. “I’m super aware of the things I missed during this time and the things that are most important to my family.”

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Factbox-Details of funeral service planned for Britain’s Prince Philip

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LONDON (Reuters) -Following are details of the funeral this Saturday of Britain’s Prince Philip, Queen Elizabeth’s husband, who died on April 9 aged 99.

THE FUNERAL

The funeral, which will be broadcast live, will take place at St George’s Chapel at Windsor Castle at 3 p.m. (1400 GMT).

As planned, it will be a ceremonial royal funeral, rather than a state funeral, with most of the details in keeping with Prince Philip’s personal wishes.

However, it has had to be scaled back because of COVID-19 restrictions. There will be no public access, no public processions and the funeral will take place entirely within the grounds of Windsor Castle.

The service will begin with a national minute of silence. At the end of the service Philip will be interred in the chapel’s Royal Vault.

WHO WILL ATTEND?

Only 30 mourners are permitted because of COVID-19 rules. These will include the queen, all senior royals including the duke’s grandchildren and their spouses, and members of Prince Philip’s family including Bernhard, the Hereditary Prince of Baden, and Prince Philipp of Hohenlohe-Langenburg.

Members of the Royal Family will be wearing morning coat with medals, or day dress. The congregation will adhere to national coronavirus guidelines and wear masks for the 50-minute service.

A small choir of four will sing pieces of music chosen by the prince before his death and there will be no congregational singing. The queen will be seated alone during the service.

THE DETAILS (note: all times local, GMT is one hour behind British Summer Time)

At 11 a.m., Philip’s coffin, covered by his standard (flag), a wreath, his naval cap and sword, will be moved by a bearer party from the Queen’s Company, 1st Battalion Grenadier Guards from the Private Chapel in Windsor Castle – where it has been lying in rest – to the Inner Hall of the castle.

At 2 p.m. the ceremonial aspect begins, and within 15 minutes military detachments drawn from Philip’s special military relationships such as the Royal Navy, the Royal Marines, the Grenadier Guards, the Royal Gurkha Rifles, the Intelligence Corps and the Highlanders will line up in the castle’s quadrangle.

The Foot Guards and the Household Cavalry will line up around the perimeter of the quadrangle.

Between 2.20 p.m. and 2.27 p.m., the royals and members of Philip’s family not taking part in the procession will leave by car for St George’s Chapel.

At 2.27 p.m., a specially-coverted Land Rover that Philip helped design will enter the quadrangle.

At 2.38 p.m., the coffin will be lifted by the bearer party from the Inner Hall.

Bands in the quadrangle will stop playing at 2.40 p.m. and the coffin will emerge from the State Entrance one minute later.

The royals in the procession including Philip’s four children – Princes Charles, Andrew, Edward and Princess Anne, along with grandsons William and Harry – will leave the State Entrance behind the coffin, which will be placed onto the Land Rover.

At 2.44 p.m., the queen, with a lady-in-waiting, will leave the Sovereign’s Entrance in a car known as the State Bentley. The national anthem will be played and as the car reaches the rear of the procession, it will pause briefly.

At 2.45 p.m., the procession will step off with the band of the Grenadier Guards leading. The Land Rover will be flanked by pall bearers.

As it moves to the chapel, Minute Guns will be fired by The King’s Troop Royal Horse Artillery and a Curfew Tower Bell will sound.

The queen’s Bentley will stop outside the Galilee Porch where she will be met by the dean of Windsor, David Conner, who will escort her to her seat in the quire of the Chapel.

The coffin will arrive at the foot of the west steps of St George’s Chapel at 2:53 p.m. to a guard of honour and band from the Rifles. Positioned in the Horseshoe Cloister will be the Commonwealth defence advisers from Canada, Australia, New Zealand and Trinidad and Tobago.

The west steps will be lined by a dismounted detachment of the Household Cavalry. A Royal Naval Piping Party will pipe the “Still” once the Land Rover is stationery at the foot of the steps. A bearer party from the Royal Marines will lift the coffin from the Land Rover as the Piping Party pipe the “Side”.

The coffin will pause for the national minute of silence at 3 p.m. A gun fired from the East Lawn will signify the start and end.

The coffin will then be taken to the top of the steps where it will be received by the dean of Windsor and the Archbishop of Canterbury, Justin Welby. As the chapel doors close, a piping party will pipe the “Carry On”.

The coffin will move through the nave to the catafalque in the quire, with senior royals processing behind.

Philip’s “insignia” – essentially the medals and decorations conferred on him, his field marshal’s baton and Royal Air Force Wings, together with insignia from Denmark and Greece, will be positioned on cushions on the altar.

The funeral service will then be conducted by the dean of Windsor. After the coffin is lowered into the Royal Vault, Philip’s “Styles and Titles” will be proclaimed from the sanctuary.

A lament will then be played by a pipe major of the Royal Regiment of Scotland and “The Last Post” will be sounded by buglers of the Royal Marines.

After a period of silence, “the Reveille” will be sounded by the state trumpeters of the Household Cavalry and then the buglers of the Royal Marines will sound “Action Stations” at the specific request of the Duke of Edinburgh, as Philip was officially known.

The archbishop of Canterbury will then pronounce the blessing, after which the national anthem will be sung.

The queen and the other mourners will then leave the chapel via the Galilee Porch.

(Reporting by Michael Holden and Guy Faulconbridge; Editing by Frances Kerry and Catherine Evans)

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Canadas Immigration Problems Solved by Invisible Border Walls

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Canadas’s immigration story is seen by the world as too liberal that gives them a good image through out but there seems to be some lesser-known information. It is not only liberal but conservative as well and they hide this fact all too well. This is only made possible by the invisible border walls that Canada has instore.

No this is not something out of sci-fi novel. This is actually true and will be discussed further down the article. But first we need to see what happen in the 1980s.

Since the 1980s, Canada has consistently been a high-immigration country, at least relative to the U.S. As a result, the proportion of Canadians born outside the country hit 21.9 percent in 2016. That same year, America’s foreign-born population was 13.4 percent. That’s a record high for the U.S.—but it’s been 115 years since Canada’s foreign-born population was at such a low level. As Derek Thompson put it in his article analyzing how Canada has escaped the “liberal doom loop,” Canada’s floor is America’s ceiling.

So, the question remain why has Canada managed to sustain popular acceptance and cross-party support for so much legal immigration?

Well firstly, this is because the intake of the Canadian population has been so law abiding and orderly so to be undisruptive and thus not being newsworthy. Canada unlike the neighbor USA is a country where mostly come in from the front door, in the open and during the daylight hours.

Everyone coming to Canada would have to apply from there home countries to come to Canada before they are granted access to the country, they have to go through a huge line of people already waiting after which they are subjected to extensive vetting by the Canadian authorities. Those who make the cut are then let in the country. In short it is not only you that chooses Canada but Canada would also have to choose you. For this to work.

For those who choose to trespass and try to enter Canada by illegal means well that where the invisible border walls come in. that right Canada has a border wall. In a sense of course. In fact, there are 5 of them. Four geographic and 1 bureaucratic. All of which have been effective at sustaining the legitimacy and popularity of Canada’s immigration policy.

Three of the walls are the dumb luck of geography: the Atlantic, Pacific, and Arctic oceans. You can cross the Aegean from Asia to Europe in a dinghy, but unless you can get your hands on a ship and a crew trained in navigating thousands of miles of difficult water, you aren’t sailing to Canada. So far in 2018, Canada has received exactly 10 asylum applications at sea ports.

The fourth wall is Canada’s southern border with the U.S. The world’s leading economy has historically been a magnet for people, not the reverse. In the late 19th and early 20th century, the volume of emigrants from Canada to the U.S. was at times so high that Canadians actually feared for the future of their country. The strength of the American economy long meant that few immigrants would think to use the U.S. as a back door into Canada.

The fifth wall is the bureaucratic barrier that Canadian governments, both Conservative and Liberal, have meticulously maintained to cover any gaps in the other defenses.

This is the underlying reason for Canada having an amazing immigration system, that would present itself as liberal but is actually more a concern of some natural luck.

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How to Immigration System in Canada has Changed Since the Covid-19

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Before we jump into the current situation we need to look into what Canada and its immigration system has been for people all around the world. Canada has been a keeper of refugees; for people that are involved in international controversies, religious persecution etc from there country of origin.

We see this in the 1947-1953 Canada welcomed thousands of Hungarians and Vietnamese “boat people”. In the late 1970s and Syrians in the 2010s.

This still continues to date since the immigration and retention of people from Hong Kong.

But all of this would begin to change since the beginning of the covid 19. The real question is Canada has suffered far worst and still managed to land on its feet. Will this time be different? Only time will tell.

The History of Immigration in Canada:

Canada has a history of coping with situation that limited its ability to accept newcomers to its country. The First World War saw immigration to Canada drop precipitously; in 1915, the intake was only 34,000 people (compared to over 400,000 just two years before).

In the 1920s we began to see an increase in numbers but again dropped sharply with the advent of the Great Depression, dipping still further with World War II. So, the drop in immigration to Canada resulting from the Coronavirus is far from unheralded in Canada’s history.

Canada has also seen great waves of immigration, particularly as part of a response to, and recovery from, challenges. Hundreds of thousands of immigrants poured into the country, many to the west, in the decade or so following the establishment of Saskatchewan and Alberta as provinces. Unlike many countries in Europe, which arguably had too many people and not enough land, Canada had the opposite problem.

After the calamity of the Second World War, Canada, unlike many other nations, had emerged strong and stable. But it was sorely lacking in the labor force and skills necessary for the great post-War economy and recovery taking place. Between 1946 and 1953, over 750,000 souls found a home in Canada.

Plans on Immigration After the Pandemic:

The government has announced a goal of settling over 1,200,000 new permanent residents in Canada from now until 2021-2023. In considerable measure, economic and population needs are the motivation for this ambitious plan. Marco Mendocino, the incumbent Immigration Minister, expressed it well in announcing the targets in the following statement:

“Immigration is essential … to our short-term economic recovery and our long-term economic growth … newcomers create jobs not just by giving our businesses the skills they need to thrive, but also by starting businesses themselves.”

Conclusion:

The pandemic has hit the world hard and well Canada has been no stranger to the virus, we have people lost lives and people that have suffered a lot financially and economically. This would have to turn around in the near future but until that happens Canada would have play there cards right for this to work out in the favor of the country and it’s citizens.

I personally think that Canada can still make a difference in the international world. If it were to continue to follow the plan it has set for itself. I am sure that this is going to be difficult but considering previous Canadian track record this is going to be something that Canada would be coming out of with potentially amazing results.

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