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I figured I would start a thread dedicated to Place Alexis-Nihon, since it's undergoing significant renovations. You may think this is all cosmetic but they will be introducing significant measures to improve accessibility. Target is to open Fall 2013 fall and I was told the 8 million dollars IGA expansion is scheduled for January 2014. The food court will be completely remodeled in Summer 2014.

http://www.aircanada.com/en/news/150723.html The following routes being switched from mainline. Looks like we know where Rouge's A321s will be flying. Montreal to: Fort Lauderdale starting December 16, 2016 (mixed with mainline) Tampa starting January 15, 2016 West Palm Beach starting January 15, 2016 Nassau starting January 17, 2016

As beginning January first 2016. B.C. government will charge industries 2.25$ for each millions of liters of water there are using. That's ridiculous. http://news.nationalpost.com/2015/03/06/outrage-boils-over-as-b-c-government-plans-to-sell-groundwater-for-2-25-per-million-litres/

http://montrealgazette.com/news/local-news/montreals-economic-stagnation?__lsa=c702-331f Stagnation city: Exploring Montreal's economic decline Peter Hadekel PETER HADEKEL, SPECIAL TO MONTREAL GAZETTE More from Peter Hadekel, Special to Montreal Gazette Published on: January 31, 2015Last Updated: January 31, 2015 7:28 AM EST Prime St-Catherine St. real estate stands vacant in Montreal on Tuesday January 27, 2015. Prime St-Catherine St. real estate stands vacant in Montreal on Tuesday January 27, 2015. John Mahoney / Montreal Gazette The Montreal skyline is dotted with construction cranes as an unprecedented building boom continues to unfold in condo and office construction. On the surface, at least, signs of prosperity abound. But look a little deeper and you’ll see a city that’s slipping behind the rest of the country. Over the last decade, Montreal’s economy grew by an average of just 1.5 per cent — the lowest rate among Canada’s major cities. Personal disposable income is also the lowest among the country’s eight biggest cities, and unemployment is among the highest. The bad news doesn’t stop there. Montreal is living through a period of crumbling infrastructure, widespread corruption, failed governance, inadequate fiscal power, low private investment, an exodus of head offices and an outflow of people. Even the real estate activity that’s dominating private investment in Montreal these days is of some concern to economists. They point out that it’s largely speculative and does little to improve productivity, innovation or the knowledge base of the local economy. We’re starting to see the long-term cost of the city’s economic decline. What if Montreal had simply kept pace with the Canadian average over the last 25 years? A November report from the Institut du Québec, a research group started jointly by the Conference Board of Canada and the HEC Montreal business school, found that if the metropolitan area had grown at the Canadian average since 1987, per capita income would be $2,780 higher today and income for the province as a whole would be up even more. “Despite its strengths and obvious attractions, Montreal suffers from major economic shortcomings compared with Canada’s other large urban areas,” said the report. “It fails to adequately fill its role as driver for the provincial economy.” That role becomes more important in a global economy that relies on cities as engines of growth. We are witnessing intense competition between cities for capital, talent and ideas — a race that risks leaving Montreal behind. Montreal’s economic heyday At the dawn of the 1960s, the case could still be made that Montreal was Canada’s business capital, even though Toronto was gaining fast. A black-and-white snapshot of the city’s economy looked like this: Perched at the top was a thriving financial industry, driven by banks, insurance companies, stock exchanges and investment brokers. The city was home to the head offices of the Bank of Montreal and the Royal Bank of Canada, as well as insurance giant Sun Life. Both the Montreal Stock Exchange and the Canadian Stock Exchange served a large community of brokerage and investment firms. A big part of the picture was a broad network of head offices in Quebec’s natural resource industry. Ste-Catherine St. W. in 1963. Montreal was once the economic capital of Canada. Ste-Catherine St. W. in 1963. Montreal was once the economic capital of Canada. Photo courtesy City of Montreal Archives Farther down the chain were the factories that made Montreal hum: metal and machinery plants, appliance manufacturers and rail-equipment makers, food processors and cigarette plants. The so-called soft sectors of the manufacturing industry were thriving in the days just before Asian imports began. Montreal was Canada’s leader in clothing, textiles, leather and shoes, with the industry providing well over 100,000 jobs. The St-Lawrence Seaway opened up the shipping industry through the Port of Montreal while the city served as headquarters for both Canadian National and Canadian Pacific Railways. In 1962, when world-renowned architect William Zeckendorf completed the stylish Place Ville Marie office tower, it seemed to symbolize a new optimism for Montreal. What followed instead were decades of underperformance in which the city never fulfilled its promise. The head office operations of the Bank of Montreal and the Royal Bank gradually shifted to Toronto to take advantage of that city’s impressive growth as a financial centre. Political tensions over language and the issue of Quebec sovereignty hurt private investment and drove some of the wealthiest and best educated people out of the province. Sun Life left in a huff in 1978 after the Parti Québécois took power for the first time. The Canadian Stock Exchange closed its doors in 1974, while the Montreal Exchange lost increasing trading volumes to its Toronto rival before switching its vocation to financial derivatives. The fancy new airport built in Mirabel didn’t take off as promised, with Toronto becoming the hub for Canadian air travel. At the same time, the city’s aging industrial base felt the first effects of globalization as imports from Asia began to hurt the textile and clothing industry. The Montreal economy tried to reinvent itself and got a boost from free trade in the 1990s. Industries such as aerospace gained in importance thanks to the success of aircraft maker Bomabardier Inc. while investment also picked up in pharmaceuticals and information technology. But as the new millennium began, more negative trends had crept in: offshoring, outsourcing, contracting out. Companies had found new ways to cut costs by sending work to places like China, India and Mexico at a fraction of local wage rates. More industrial plants began to shut their doors. Gazette front page from January 7, 1978. Insurance giant Sun Life left the city for Toronto shortly after the Parti Québécois took power for the first time. Gazette front page from Jan. 7, 1978. Insurance giant Sun Life left the city for Toronto shortly after the Parti Québécois took power for the first time. Gazette file photo Failures along the way Economist Mario Lefebvre, president of the Institut de Développement Urbain du Québec, points to a number of failures along the way. Perhaps the biggest, he says, is Montreal’s inability to adapt its transportation network to the new realities of the global economy. The airport, the port, the rail network and the highway system need to work seamlessly together. “Goods and services are not produced in one place anymore, those days are gone,” he says. “Step one might be in Brazil, step two in Chicago, step three in Montreal and step four in China. To be a player in this kind of environment, goods and services must be able to come in and out of your city quickly. “We have all the means of transportation but the fluidity between them is still very complicated. There are too many decision-makers involved and we end up with projects that are not completed as rapidly as they should be.” The city’s aging industrial base remains vulnerable because it hasn’t closed the productivity gap with other jurisdictions. “We have educated people,” says Lefebvre, “but we haven’t surrounded them with state-of-the-art technology.” The private sector hasn’t done its part to renew the city’s industrial base with new machinery and equipment. And with a low rate of investment in research and development, innovation in Montreal has lagged behind the rest of the country according to measures such as the number of patents per capita. One of the biggest obstacles facing Montreal is its low rate of population growth. Among the country’s eight biggest cities, only Halifax had a lower rate of growth over the last 10 years. Montreal’s population grew at an annual average of one per cent, vs. 1.6 per cent for Toronto and nearly three per cent for Edmonton and Calgary. The low birthrate and the low rate of immigrant attraction explain part of the trend. But perhaps most serious, according to the Conference Board, is that on average more than 16,000 people a year leave the metro area for other parts of Quebec or other provinces and countries. Just holding on to that number of people each year would have added more than 450,000 to the population over the last 30 years. That would have meant more people working, paying taxes and spending money on housing, goods and services. It would have given a real boost to economic growth. So would have a stronger commitment from the provincial government to help Montreal. Lefebvre points out that the Quebec government has been pushing a Plan Nord strategy to develop natural resources in the northern regions, but what Quebec really needs is a Plan Sud that helps Montreal develop its knowledge-based economy. Closed stores on Ste-Catherine St. in Montreal Tuesday January 27, 2015. Closed stores on Ste-Catherine St. in Montreal this month. John Mahoney / Montreal Gazette The payoff would be so much bigger, he argues, not only for the city but also for the province. A dollar of additional economic activity in Montreal generates at least another dollar for the province in spinoffs and benefits. Montreal funds more than half the government’s spending, 53 per cent of provincial GDP and more than 80 per cent of all research and development. Along with a Plan Sud, the government should at last recognize that Montreal needs new tools to manage its economy, Lefebvre says, including new fiscal resources and powers to promote investment, integrate immigrants and train workers. The property tax base has reached the limit of its ability to fund those new services. While such legislation has been promised, it’s not yet clear how much real power will be conferred on Montreal. The federal government has a role to play, too, Lefebvre argues. “I think we wasted an incredible opportunity when the GST was reduced by two percentage points (in 2006). A GST point is worth about $7 billion. If we had given just one point to the cities for infrastructure, that would have meant an extra $50 billion to $60 billion for infrastructure over the last eight years.” Fighting the exodus The city has suffered other blows. One is the decline in the number of head offices that call Montreal home. Between 1999 and 2012 Montreal lost nearly 30 per cent of its head offices, according to an estimate by the Institut du Québec. Toronto suffered a five-per-cent loss as economic weight shifted to Western Canada, but the impact on Montreal was far more painful. “Head office jobs are important for the indirect impact they have,” said Jacques Ménard, president of BMO Financial Group in Quebec. Head offices support a range of activities like legal, financial, accounting and advertising services. They maintain high-quality, high-income jobs and provide the city with a measure of economic influence. Part of the solution is to create more such companies in Montreal in the first place, Ménard says. Quebec is suffering from a deficit in entrepreneurship and can’t expect to replace these corporate losses without growing new success stories. “If you look at a company like Stingray Digital, it didn’t even exist seven years ago. It’s now in 110 countries,” Ménard says about the Montreal-based provider of digital music services. “I’m on the board of directors and I have seen the company grow to where it now has 200 high-paying jobs in its headquarters.” Along with the head-office challenge, Montreal is looking to become a more international place to do business, taking advantage of its multilingual and multicultural assets and its potential position as a gateway to the Americas for European and Asian trade and investment. Construction continues around the Bell Centre in Montreal Tuesday January 27, 2015. Construction continues around the Bell Centre in Montreal Tuesday January 27, 2015. John Mahoney / Montreal Gazette European firms already have a significant presence here and now “there is a ton of money looking to leave Asia for investment diversification,” says Dominique Anglade, who heads the economic development agency Montreal International. Asian money represents a big potential opportunity for the city as it tries to sell itself internationally and attract both investors and professionals from abroad. People are eager to come here, she insists. “We had 300 openings on the last recruiting mission we did in Europe and for those openings there were 13,000 applicants. There’s a phenomenal attraction power, especially for workers who are educated.” Still, it’s not easy for companies and professionals to move here. Companies are often deterred by the weight of regulation and red tape in Quebec while professionals face barriers such as the recognition of their credentials or concerns about French-language requirements and schooling. When 50 top executives were interviewed last year by the Boston Consulting Group on the challenges facing Montreal, several said that the emphasis on French in the immigrant selection process restricts the pool of talent on which Montreal can draw. They argued it would be better to cast the net wider and invest more in French language promotion rather than in defensive measures. Digging ourselves out At Ménard’s request, the Boston Consulting Group looked at the experience of other cities that suffered economic difficulties and how they managed to turn around. The report focused on cities such as Pittsburgh and Philadelphia in the U.S., Manchester in Britain and Melbourne in Australia. All have made impressive comebacks, owing largely to two common factors: a high degree of citizen engagement and a focus on infrastructure projects that have made those cites better places in which to live and work. RELATED Two Montrealers helping breathe new life into city's economy It’s one reason Ménard launched his Je vois Montreal initiative last fall in an effort to get citizens rather than governments engaged in the process of building a better Montreal. “We’ve had so much of the top-down approach — ‘We know what’s good for you,’ ” he says. “Yes there is a role for governments, but communities really thrive when citizens take ownership of their future.” Je vois Montreal has launched more than 100 projects to get the city moving again. While they are not heavy on investment or job creation, they do herald a significant change in the mindset of many Montrealers who are simply fed up with the status quo sent via Tapatalk

http://www.montrealgazette.com/news/montreal/Number+Quebecers+leaving+province+rise/9360879/story.html BY MARIAN SCOTT, THE GAZETTE JANUARY 7, 2014 8:05 PM A total of 28,439 people moved from Quebec to another province from January to September 2013. In most cases, Quebec’s loss was Ontario’s gain, with two out of three ex-Quebecers moving to Ontario. Photograph by: Peter Redman , National Post MONTREAL - The number of Quebecers heading down the 401 is on the rise, partial statistics for 2013 suggest. Departures from Quebec to other provinces rose to their highest level this century in the first nine months of 2013, according to the Canadian Institute for Identities and Migration. Statistics are not available yet for the final three months of the year. A total of 28,439 people moved from Quebec to another province from January to September 2013 — the highest number of departures for that period in any year since 2000. In most cases, Quebec’s loss was Ontario’s gain, with two out of three ex-Quebecers moving to Ontario, one in four to Alberta and just under one in ten to British Columbia, according to quarterly demographic estimates released by Statistics Canada in December. Quebec had a net loss of 11,887 residents due to interprovincial migration (departures minus arrivals) in the 12 months from October 2012 to September 2013, compared to a loss of 7,700 people in the corresponding period of 2011-12 and a loss of 4,394 in 2010-11. The rise in departures corresponds with the election of the Parti Québécois in September 2012 — but there is no evidence the political situation is a contributing factor, said Jack Jedwab, the institute’s executive vice-president.“It’s too early to say,” he said. “I would argue it’s more about our economy,” Jedwab said. “These numbers have a very recessionary look to them, at a time when we’re not in a recession.” Jedwab said the loss of residents sounds a warning signal. “Significant population losses have a negative effect on our economy,” he said. The rise in out-migration is not related to the divisive debate over the PQ government’s proposed charter of values, Jedwab said, since the departures occurred before the charter was unveiled. A National Assembly committee will commence hearings on the charter Jan. 14. But Jedwab said if the trend continues, the hypothesis that political angst is spurring departures would deserve a second look. “If it persists into the next quarter, we’ve got to start thinking non-economic considerations are at work here,” he said. The PQ government’s focus on identity issues has decreased the comfort level of some members of cultural minorities, particularly the values charter, which proposes to bar all public sector workers from wearing religious garb like the Muslim head scarf, Jewish skullcap or Sikh turban. In September, an Ontario hospital published recruitment ads aimed to capitalize on the controversy. A photo of a female health worker wearing a hijab (head scarf) bore the caption: “We don’t care what’s on your head. We care what’s in it.” Aaron Lazarus, director of communications at Lakeridge Health in Bowmanville, Ont., east of Toronto, said the hospital received several job applications from doctors, nurses and other health professionals from Quebec in response to the ads. But Michel Leblanc, president and CEO of the Montreal Board of Trade, warned against jumping to the conclusion that the current political climate could be causing people to leave Quebec. “What is worrisome is that we have a net loss of residents every year,” Leblanc said. “People have a tendency to migrate not only to places with better weather, but also to places where the economy is performing better,” he said. Leblanc said that while the recent increase in departures is cause for concern, it is much smaller than the massive exodus of anglophones from Quebec in the 1970s and ’80s. He called on the government to improve the integration of immigrants into the workforce and to lower taxation to retain residents. Statistics Canada’s quarterly demographic estimates showed Alberta — with a population of 4,060,700 in October 2013 — continues to lead the provinces in population growth, adding 137,703 new residents from October 2012 to September 2013, of whom 49,031 moved there from elsewhere in Canada. Ontario (population 13,585,900) had slower population growth, gaining 128,442 new residents from October 2012 to September 2013. Quebec, numbering 8,174,500 residents, added 67,385 new residents from October 2012 to September 2013, with immigration and the natural increase of the population compensating for out-migration. Previous studies have shown that about two-thirds of Quebec residents who move to other provinces are allophones — people whose first language is neither French nor English. mascot@montrealgazette.com

The jury members are: - Melvin Charney, architect; - Odile Decq, architect and Director of the École Spéciale d'Architecture, Paris; - Jacques Des Rochers, Curator of Canadian Art, Montréal Museum of Fine Arts; - Michel Dionne, architect, Cooper, Robertson & Partners, New York; - Raphaël Fischler, urban planner and professor at the School of Urban Planning, McGill University; - Mario Masson, landscape architect and Division Manager, Service du développement culturel, de la qualité du milieu de vie et de la diversité ethnoculturelle, Ville de Montréal; - Alessandra Ponte, associate professor, School of Architecture, Université de Montréal; - Philippe Poullaouec-Gonidec, landscape architect and holder of the UNESCO Chair in Landscape and Environmental Design at Université de Montréal. Instructions for prospective entrants (Courtesy of CNW Telbec)

I just got a message from Rogers saying "Starting January 1st, 2011 the GST will be 8.5%" What's even more appalling by 2012 it will be 9.5%

(Courtesy of The Montreal Gazette) Got to love how dumb the law is in this country. You can't even defend your self from an intruder. I guess the politicians and police don't give a rats ass what happens to normal law abiding citizens I bet you break into a cops house or politicians house unknowingly and they stab you, the law will be on their side. I hate this hypocritical system As you can see I am biased. I am for the right the bare arms and self defence, but we just live in a to liberal society that lets people push people around and we have to be submissive / passive. OT: I think I should really go into politics and see how many votes I can get with my views and see if people would vote

Ce fil est pour mettre des nouvelles sur l'industrie automobile au Canada (ventes, etc) Read more: http://www.financialpost.com/story.html?id=2513062#ixzz0eQ4DFfuA It is indeed a little disappointing that the Big 3 aren't really profiting that much from Toyota's woes. Especially considering how good the product is these days (and how reliable American cars are!).

Read more: http://www.nationalpost.com/news/story.html?id=2501395#ixzz0e4p62T3C Take that.

In September!!! I am suppose to be going to Ben Gurion University for 5 months. In Hotel & Hospitality and taking up Hebrew Studies. The building some what reminds me of a McGill one. It's going to be a long way from home and a total different thing from fashion design thats for sure. With all this. I'll be working in a hotel for 9 hrs a day and 4 hrs a week I need to do some community service. Such as teach kids english and french. On top of school. :goodvibes: On another note: Hopefully when I get back from Thailand in January I will be taking up some hebrew classes and krav maga. On top of still going to school and doing my internship

Dieppe (Moncton,NB) pushes French, bilingual sign bylaw Proposed sign law open for discussion in January Tuesday, November 10, 2009 | 6:13 AM AT CBC News Dieppe is proposing a bylaw that will require all future commercial signs on the exterior of buildings in the southeastern New Brunswick city to be either in French or bilingual. Dieppe city councillors brought forward the sign bylaw on Monday night in an attempt to quell a long-simmering debate in the francophone city over the number of English-only signs. The proposed bylaw is not in force yet and the city will give people opposed to the idea a chance to speak at a public meeting in January. The move was greeted with applause by people in the audience at Monday night's meeting, including Martin Rioux-LeBlanc, who ignited the debate after gathering 4,000 names on a petition in January in an attempt to get bilingual signs in the city. "It's a big step for New Brunswickers, it's a big step for Dieppe and we can be proud of that," Rioux-LeBlanc said. The bylaw states that any new signs that go up in Dieppe will have to be either in French or bilingual, but existing signs would not be affected. Dieppe, a city of roughly 18,000 people, is the province's only francophone city that offers municipal services in both official languages. Natural progression Dieppe Mayor Jean LeBlanc said the proposal is a natural progression from years of trying to convince businesses through education to switch from English-only signs. "Dieppe has been promoting French and promoting French culture — the linguistic landscape of our city — for a long time. This is just a continued progression towards making sure our community is well reflected," the mayor said. Dieppe, along with its neighbouring Moncton, are popular shopping destinations for people in the Maritimes and have attracted a large number of businesses in recent years. However, most business signs are still in English only, which is what instigated the petition to adopt a new sign bylaw. Although New Brunswick is officially bilingual, the province's language law does not cover the private sector. So any regulation over the language on signs in municipalities must come from the local government. Municipalities are covered under the Official Languages Act, if they are designated as a city or have an official language minority that forms 20 per cent of the population. That would require, for instance, local bylaws to be published in both official languages, but it would not extend to commercial signs. Positive regulation Michel Doucet, a prominent constitutional lawyer who specializes in language law at the University of Moncton, has been pushing the city to pass such a bylaw. Doucet said this is a step forward for bilingualism. "It's something that will be very difficult for somebody, who is in good faith, to oppose this," Doucet said. "What the municipality has done is ensure that the linguistic image for this municipality transpires through its sign law. And I believe that the council now needs the support of the people of Dieppe to come forward and to congratulate what the council has done." Along with the public meeting on the bylaw that is planned for January, Dieppe city council is also seeking an opinion from the Greater Moncton Planning Commission on the bylaw.

Jobless claims soar 21% in Canada Financial Post March 24, 2009 1:02 Lukas Stewart, with his resume strapped to his body, uses a megaphone to attract the attention of potential employers on Bay Street in Toronto's financial district.Photograph by: Mark Blinch/Reuters, Mark Blinch/ReutersOTTAWA -- The number of people receiving employment insurance benefits rose to 567,000 in January, a 21.3% jump from the year before. British Columbia saw the biggest percentage increase, rising 47.7% from last year, followed by Alberta, 46%, and Ontario 43%, Statistics Canada said Tuesday. But Ontario, where the manufacturing sector experienced heavy layoffs, suffered the biggest number increase with claims rising by 54,570 from the year before. “In recent months, labour market conditions in Canada have deteriorated significantly,” the agency said in its report. “Through the early part of 2008, employment growth weakened, only to fall sharply later that year and into 2009, causing a spike in the unemployment rate. By February 2009, the unemployment rate hit 7.7%, up almost two percentage points from a record low at the start of 2008.” The number of beneficiaries is a measure of all persons who received employment insurance benefits from Jan. 11. to 17. In Alberta, 23,300 people were receiving regular EI benefits in January, up 10.5% from the month before. British Columbia had 56,100 beneficiaries, up 9%, while Ontario had 181,500 people receiving EI, which was a 6.2% increase over December. The agency noted year-over-year figures shows the increase in the number of men receiving regular was double that of women. © Copyright © National Post

It’s déjà-vu all over again. With the market updates being so identically close to the ones from November and December, January’s market news are no news at all. Still, let’s give the breakdown, to keep the tradition. Here we go: Compared to January 2008, last month we had an increase of 12% of properties listed in the market. New listings decreased by 14% Overall actual sales decreased by 37% Prices are still increasing: Condos: +4% Single Family Homes and Plexes: +3% If you take a look at the past reports you will see that not much has changed. The prices have not decreased, and sales continues to be slow. Michel Beausejour, FCA, Chief Executive Officer of the GMREB, notes: “It’s obvious that the sales decline is mostly due to a drop in consumer confidence. It’s not surprising to see this decline, even though the real estate market has been quite solid for the last 30 years or so, which is as far back as our statistics go.” http://montrealrealestateblog.com/

Economy Shed 598,000 Jobs in January Article Tools Sponsored By By EDMUND L. ANDREWS Published: February 6, 2009 WASHINGTON — The United States lost almost 600,000 jobs last month and the unemployment rate rose to 7.6 percent, its highest level in more than 16 years, the Labor Department said Friday. It was the biggest monthly job loss since the economy tipped into a recession more than a year ago, and it was even worse than most forecasters had been predicting. In addition, the government revised the estimates for previous months to include another 400,000 job losses. For December, the government revised the job loss to 577,000 compared with an initial reading of 524,000. Over all, it said, the nation has lost 3.6 million jobs since it slipped into a recession in December 2007. “Businesses are panicked and fighting for survival and slashing their payrolls,” said Mark Zandi, chief economist at Moody’s Economy.com. “I think we’re trapped in a very adverse, self-reinforcing cycle. The downturn is intensifying, and likely to intensify further unless policy makers respond aggressively.” Despite the jobless number, Wall Street opened strongly with all three major exchanges up more than 1.5 percent. As in previous months, employers in January slashed their payrolls in almost every industry except health care Manufacturers eliminated 207,000 jobs, more than in any year since 1982. The construction industry eliminated 111,000 jobs. And retailers, who were wrapping up their worst holiday shopping season in years, eliminated 45,000 jobs. One modest exception to the bad news was in workers’ wages, which have thus far not reflected the dramatic plunge in employment. Hour earnings edged up to $18.46, up 5 cents, and average weekly earnings climbed $614.72, up $1.67. But over all, the new data reinforced the impression of an economy that has become increasingly trapped a vicious circle slumping consumer demand, falling business investment, rising unemployment and mounting losses in the banking system. Christina D. Romer, head of the President’s Council of Economic Advisers, said the report reinforced the need for Washington to acted quickly on a economic stimulus package. “If we fail to act,” Ms. Romer said, “we are likely to lose millions more jobs and the unemployment rate could reach double digits.” Although the United States officially slipped into a recession in December 2007, the decline was erratic and temporarily disguised by the impact of the emergency tax-rebate last spring. Since September, analysts say, economic activity suddenly plunged on almost every front. The monthly pace of job losses shot up to about 500,000 a month for the last three months of 2008, and the new report offered no hint that bottom is in sight. Last week, the number of Americans filing first-time jobless claims reached a 26-year high, with 626,000 filling out initial applications. “This is a horror show we’re watching,” said Lawrence Mishel, president of the Economic Policy Institute, a left-of-center economic research organization in Washington. “By every measure available-loss of employment and hours, rise of unemployment, shrinkage of the employment to population rate- this recession is steeper than any recession of the last forty years, including the harsh recession of the early 1980s.” Most forecasters had predicted that the economy would lose about 540,000 in January. Instead, the Labor Department estimated that 598,000 jobs disappeared. To be sure, monthly payroll numbers are subject to big revisions in the months that follow. But most other indicators of the job market had been trending worse as well. Major retailers, rocked by one of the worst holiday shopping seasons in memory, have been shutting stores and laying of armies of workers in recent weeks. On Thursday, the nation’s retailers reported that sales fell 1.6 percent in January, the fourth consecutive month of steep sales declines. And in sign that the country’s slowdown continues to reach beyond its borders, Canada, America’s largest trading partner, reported Friday that its unemployment rate jumped to 7.2 percent in January, from 6.7 percent in December. In Washington, Friday’s gloomy job report put more pressure on Congress to pass an economic stimulus bill. The House passed a bill last week that would provide more than $800 billion in spending and tax cuts. In the Senate, still bogged down by objections from Republicans, lawmakers were hoping to be able to muster enough votes to pass a measure on Friday “Today’s unemployment numbers are even worse than we thought,” said Representative Barney Frank, the Massachusetts Democrat who leads the House Financial Services Committee. “If anything can persuade Congressional Republicans to stop their hyper partisan sniping at the recovery package, these disastrous employment numbers should be it.” For comparison, the unemployment rate was 4.9 percent in January 2008. But some analysts contend that the current unemployment rate of 7.6 percent understates the labor market’s problems because the percentage of adults participating in the labor force has slumped in recent years, and those people are not listed as “unemployed.” Peter Morici, an economist at the University of Maryland, estimated that if the labor force participation rate today was as high as it was when President Bush took office, the unemployment rate would be 9.4 percent. Ian Shepherdson, chief North American economist for High Frequency Economics in Valhalla, N.Y., said the government had become the only source of energy left to break the cycle of slumping demand for goods and falling production. “The public sector needs to act,” Mr. Shepherdson wrote in a note to clients. “It needs to prevent an endless spiral of attempts to increase saving, leading to reduced spending, leading to reduced incomes, leading to further attempts to raise savings, and so on.” “We remain firmly of the view that the package now in Congress is the bare minimum required to slow the shrinkage of the economy over the next year.” Many economists expect that the economy will continue to contract until July at the very least, but at a slowing pace in the second quarter. That would make it the longest recession since the 1930s, outlasting the two record-holders, the mid-1970s and early 1980s downturns. Each of these recessions lasted 16 months. The current recession, which started in December 2007, would reach that milestone in April. The Federal Reserve continues to pump money into the financial system at a furious pace. Since September, the central bank has more than doubled its reserves, from $900 billion to more than $2 trillion, by literally creating new money. The Fed has used some of that money to help bail out financial institutions, from Citigroup and Bank of America to the American International Group. It has been pumping hundreds of billions of dollars into new lending programs, stepping in for banks and other financial institutions to buy up a widening array of corporate debt. Later this month, the Fed will begin a $200 billion program, in conjunction with the Treasury, to finance consumer debt ranging from car loans and credit card debt to student loans. But analysts say that the big problem is not a shortage of money, but a shortage of demand for products by businesses and consumers. As a result, banks are overloaded with excess reserves, made available by the Fed, which they are often simply parking at the Fed. _________________________________________________________________________ Les Américains payent le gros prix pour les banquiers de Walt Street, je n`ai pas de pitié pour eux, ils ont plongé le monde en crise, en ce sens, ils méritent grandement les conséquences...

(Courtesy of Gadling) Read more by clicking the link.

Greater Montreal Real Estate Board Statistics: Real Estate Market Off to a Strong Start ILE-DES-SOEURS, QUEBEC--(CCNMatthews - Feb. 7, 2007) - The real estate market is off to a strong start with sales increasing by 16%, according to statistics from the Greater Montreal Real Estate Board (GMREB) MLS® System. In January 2007, 3,631 homes changed hands, compared to 3,141 in 2006. "Job creation is strong, consumer confidence in the economy is still positive and despite a slight increase in interest rates in 2006, the market remains good to buy or sell a home", says GMREB Chief Executive Officer, Michel Beausejour, FCA. "The environment for the real estate market will remain favourable in 2007 with the number of listings still increasing, which will help balance the market and slow down price increases. As for the number of transactions, we expect that 2007 will be similar to 2006." Condominiums The highest increase in transactions was observed in condominium sales, which went up by 21% in January 2007, from 628 sales in January 2006 to 763. The increase was even stronger on the Island of Montreal, which recorded 39% more condominium sales. "The condominium resale market has reached a balanced level on most of the Island of Montreal and we are now even talking of a buyers' market in the boroughs of Ahuntsic-Cartierville and Saint-Laurent", adds the GMREB spokesperson. "In such a context, it becomes even more important to hire a real estate agent in order to ensure a quick transaction at the best possible price." In terms of condominiums, the average price went up by 7% in January 2007 to $200,000, compared to $187,000 in 2006. ---------------------------------------------- CONDOMINIUM ---------------------------------------------- January 2007 ---------------------------------------------- Administrative Average Variation Region Price 2005-2006 ---------------------------------------------- Montreal $227,000 +6% ---------------------------------------------- Laval $160,000 -0,5% ---------------------------------------------- Monteregie $162,000 +9% ---------------------------------------------- Laurentides $173,000 -8% ---------------------------------------------- Lanaudiere $129,000 +5% ---------------------------------------------- Single-family homes In January 2007, the single-family home market increased by 14% with 2,341 sales recorded on the GMREB MLS® System, compared to 2,046 sales at the same time in 2006. The average value of a single-family home rose by 2%, from $204,000 in January 2006 to $209,000 in January 2007. ---------------------------------------------- SINGLE-FAMILY HOME ---------------------------------------------- January 2007 ---------------------------------------------- Administrative Average Variation Region Price 2005-2006 ---------------------------------------------- Montreal $315,000 +3% ---------------------------------------------- Laval $214,000 +4% ---------------------------------------------- Monteregie $201,000 +2% ---------------------------------------------- Laurentides $182,000 -4% ---------------------------------------------- Lanaudiere $162,000 +6% ---------------------------------------------- This is not necessarily a true indication of the actual price of single-family homes in all sectors of the Greater Montreal area, but rather an indication of the trend in the average cost of properties located in the areas covered by the GMREB. In January 2007, the total sales dollar volume of units sold reached $761 million, rising 18% from the $643 million recorded in January 2006 in the GMREB MLS® System. In January 2007, 10,146 new listings were entered in the system, up by 8% compared to the 9,424 new listings entered in January 2006. As of January 31, 2007, there were 36,585 residential listings in the GMREB MLS® System, compared to 33,389 at the same time last year. About the Greater Montreal Real Estate Board The Greater Montreal Real Estate Board is a non-profit organization with close to 9,000 members - real estate agents and brokers. Second largest real estate board in Canada, its mission is to actively promote and protect its members' professional and business interests in order for them to successfully meet their business objectives and maintain their predominance in the real estate industry.

Festivals: The Festival International de Jazz de Montréal wins the prestigious 2007 Silver Posted by: eJazzNews Readeron Tuesday, January 29, 2008 - 11:26 AM Montreal, Monday, January 28, 2008 - The Hospitality Sales and Marketing Association International presented the prestigious Silver Adrian Award 2007 to the Festival International de Jazz de Montréal during a ceremony held today in New York. This was the 51st anniversary of the Silver Adrian Award, considered a very high distinction in the travel sector. A jury consisting of experts from the domains of hotel management, travel, tourism and media considered no fewer than 1,300 submissions before choosing the Festival in the category of "Attractions/Theme Park for Feature Placement Print-Consumer Newspaper" after having read an account in the San Francisco Chronicle. "We are very honoured to receive this prestigious award. It is the result of years of work by the Festival to develop and deploy a marketing strategy, which appears to have paid off handsomely, judging by the growing number of tourists who flock to Montreal each year for our annual 'high mass' of jazz. I would also like to highlight the excellent work and commitment of Lou Hammond & Associates, the agency which has represented us for years in the U.S. market," stated André Ménard, co-founder and artistic director of the Festival. Every summer, the Festival International de Jazz de Montréal presents over 650 shows, including over 280 indoor performances and 372 free outdoor concerts on 25 different stages. Close to 3000 musicians from some 30 countries take part in this massive musical party, with over 2.1 million people pouring onto the site to enjoy it all. For its upcoming edition, the Festival is preparing an enticing outdoor program set to groove to the rhythms of the world. The 29th edition of the Festival International de Jazz de Montréal takes place from June 26 to July 6, 2008. www.montrealjazzfest.com http://www.ejazznews.com/modules.php?op=modload&name=News&file=article&sid=9071&mode=thread&order=0&thold=0

January 1st it goes down to 5%. Currently we pay 13.95%. As of January 1st it be 12.875%. I remember if it was just yesterday, when we paid 15.025%. All we have to do is twiddle our thumbs, when we see the price change on the products, because of the high dollar.

these photos were taken in december and january. 1 2 3 4 5 6 7 8 9 10 11 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50