Not long after CBC closed a comment section and erased one of my comments I hear Terry Seguin talking to Sophia Harris about money and shook my head

https://twitter.com/DavidRayAmos/with_replies




David Raymond Amos‏ @DavidRayAmos

Replying to @DavidRayAmos @Kathryn98967631 and 49 others

Methinks the LIEbrano Propaganda Machine erased one too many comments after it was read by others 

https://davidraymondamos3.blogspot.com/2018/10/nobody-should-be-surprised-to-sse.html

#TrudeauMustGo #nbpoli #cdnpoli #TrumpKnew


Trudeau The Younger can't deny that it contained a link to this file N'esy Pas?

 https://www.scribd.com/doc/2718120/integrity-yea-right





David Raymond Amos‏ @DavidRayAmos

Replying to @DavidRayAmos @Kathryn98967631 and 49 others

Not long after CBC closed a comment section and erased one of my comments I hear Terry Seguin talking to Sophia Harris about money and shook my head

https://davidraymondamos3.blogspot.com/2018/10/not-long-after-cbc-closed-comment.html

#TrudeauMustGo #nbpoli #cdnpoli #TrumpKnew



https://www.cbc.ca/news/business/cbc-survey-rising-interest-rates-household-debt-mortgage-1.4864965

Homeowners worried about paying down debt as interest rates go up

Younger homeowners have never experienced a significant rise in interest rates

Sophia Harris · CBC News · Posted: Oct 22, 2018 4:00 AM ET

1405 Comments 
Commenting is now closed for this story.

Alex Forbes

People and governments need to stop spending beyond their incomes

David Amos

@Alex Forbes I agree However

Methinks the "Powers That Be within our government know why I shook my head at the nonsense of it all when I heard Sophia Harris talking on CBC first thing this morning N'esy Pas?

David Amos

@David Amos Methinks the "Powers That Be" know that I am not joking N'esy Pas?

https://www.scribd.com/doc/2718120/integrity-yea-right

---------- Original message ----------
From: "Gallant, Premier Brian (PO/CPM)" <Brian.Gallant@gnb.ca>
Date: Mon, 22 Oct 2018 13:11:27 +0000
Subject: RE: Not long after CBC closed a comment section and erased one of my comments 

I hear Terry Seguin talking to Sophia Harris about money and shook my head
To: David Amos <motomaniac333@gmail.com>

Thank you for writing to the Premier of New Brunswick.  Please be
assured  that your email will be reviewed.

If this is a media request, please forward your email to
media-medias@gnb.camedia-medias@gnb.ca

>.  Thank you!

*************************************

Nous vous remercions d’avoir communiqué avec le premier ministre du
Nouveau-Brunswick.  Soyez assuré(e) que votre  courriel sera examiné.

Si ceci est une demande médiatique, prière de la transmettre à
media-medias@gnb.camedia-medias@gnb.ca>.  Merci!



---------- Original message ----------
From: Kennedy.Stewart@parl.gc.ca
Date: Mon, 22 Oct 2018 13:11:26 +0000
Subject: MP Kennedy Stewart - Thank you for your message
To: motomaniac333@gmail.com

Many thanks for your message. Your concerns are important and help me
in my work as your MP.

Due to the high volume of emails received by our office, we are not
always able to respond immediately to every message. We ask for your
patience.

As our highest priority is to serve constituents in Burnaby South,
please make sure to include your full name, address, postal code, and
phone number. This information allows us to more efficiently
prioritize and respond to your message.

My community office located at 4540 Kingsway is also available to
serve you. Our hours are Tuesday to Thursday, 10am to 4pm and Friday,
10am to 3pm. The phone number is 604-291-8863.

If you are writing regarding a meeting request or invitation, thank
you in advance, and we will get back to you as soon as possible.

Sincerely,

Kennedy Stewart
M.P. for Burnaby South
Official Opposition Critic for Science and Technology

Together we can make Burnaby even better!



---------- Original  message ----------
From: David Amos <motomaniac333@gmail.com>
Date: Mon, 22 Oct 2018 09:11:22 -0400
Subject: Not long after CBC closed a comment section and erased one of my comments

I hear Terry Seguin talking to Sophia Harris about money and shook my head
To: Hon.ralph.goodale@canada.ca, "Pierre.Paul-Hus.a1" <Pierre.Paul-Hus.a1@parl.gc.ca>, "pierre.poilievre.a1" <pierre.poilievre.a1@parl.gc.ca>, pierre.paul-hus@parl.gc.ca,
ps.publicsafetymcu-securitepubliqueucm.sp@canada.ca, 

"ralph.goodale" <ralph.goodale@parl.gc.ca>, mcu <mcu@justice.gc.ca>,
"Jody.Wilson-Raybould" <Jody.Wilson-Raybould@parl.gc.ca>,
"clare.barry" <clare.barry@justice.gc.ca>, "david.hansen" <david.hansen@justice.gc.ca>, 

Newsroom <Newsroom@globeandmail.com>, "Dale.Morgan" <Dale.Morgan@rcmp-grc.gc.ca>, "david.eidt" <david.eidt@gnb.ca>, "serge.rousselle" <serge.rousselle@gnb.ca>,
"brian.gallant" <brian.gallant@gnb.ca>, "David.Coon" <David.Coon@gnb.ca>, 

 "blaine.higgs" <blaine.higgs@gnb.ca>, lorri.warner@justice.gc.ca, 

"jan.jensen" <jan.jensen@justice.gc.ca>, "Nathalie.Drouin" <Nathalie.Drouin@justice.gc.ca>, "bill.pentney" <bill.pentney@justice.gc.ca>, "andrew.baumberg" <andrew.baumberg@fct-cf.gc.ca>, "Norman.Sabourin" <Norman.Sabourin@cjc-ccm.gc.ca>, "Gib.vanErt" <Gib.vanErt@scc-csc.ca>,
"marc.giroux" <marc.giroux@fja-cmf.gc.ca>, 

"Brenda.Lucki" <Brenda.Lucki@rcmp-grc.gc.ca>, 

"Liliana.Longo" <Liliana.Longo@rcmp-grc.gc.ca>, 

 washington field <washington.field@ic.fbi.gov>, "Boston.Mail" <Boston.Mail@ic.fbi.gov>,
english@rcinet.ca, "kennedy.stewart" <kennedy.stewart@parl.gc.ca>,
pvanloan@airdberlis.com, nicola.diiorio@bcf.ca, "Nicola.DiIorio" <Nicola.DiIorio@parl.gc.ca>, "Catherine.Tait" <Catherine.Tait@cbc.ca>, "sylvie.gadoury" <sylvie.gadoury@radio-canada.ca>, "Sophia.Harris" <Sophia.Harris@cbc.ca>, "terry.seguin" <terry.seguin@cbc.ca>
Cc: David Amos <david.raymond.amos333@gmail.com>, 

"macpherson.don" <macpherson.don@dailygleaner.com>, 

"David.Akin" <David.Akin@globalnews.ca>, "steve.murphy" <steve.murphy@ctv.ca>,
news919 <news919@rogers.com>, sfine <sfine@globeandmail.com>, news <news@hilltimes.com>, news <news@kingscorecord.com>, newstips <newstips@cnn.com>

Methinks the all knowing Ms Harris should review page 14 of this file and finally find all the documents I sent her in 2002 N'esy Pas?


https://www.scribd.com/doc/2718120/integrity-yea-right




https://davidraymondamos3.blogspot.com/2018/10/nobody-should-be-surprised-to-sse.html

Sunday, 21 October 2018

Nobody should be surprised to see the LIEbrano Propaganda Machine
claim Trudeau The Younger has the edge on the 2019 election N'esy Pas?


https://twitter.com/DavidRayAmos/with_replies


David Raymond Amos‏ @DavidRayAmos
Replying to @DavidRayAmos @Kathryn98967631 and 49 others
Methinks the LIEbrano Propaganda Machine erased one too many comments
after it was read by others

https://davidraymondamos3.blogspot.com/2018/10/nobody-should-be-surprised-to-sse.html

#TrudeauMustGo #nbpoli #cdnpoli #TrumpKnew


Trudeau The Younger can't deny that it contained a link to this file N'esy Pas?

 https://www.scribd.com/doc/2718120/integrity-yea-right



David Amos
Content disabled.
@Rob Lehtisaari

You should try going back a little further in history

Everybody knows 44 years ago Canada had next to zero for a National
Debt and what we did owe was to ourselves byway of the Bank of Canada.
thanks to R.B Bennent (He also created the CBC and the Wheat Board)
Then Trudeau the Elder decided to borrow money from Banksters and now
look at the fix we are in.

Methinks there was quite a downturn 10 years ago and that was 4 long
years after after I ran for a seat in the 38th Parliament because
politicians were ignoring my warning about financial issues etc These
day the stack markets are soaring on speculation only. However what
goes up must come down N'esy Pas?

https://www.scribd.com/doc/2718120/integrity-yea-right




David Amos
@Rob Lehtisaari "Comprehension, or lack there of is the responsibility
of the reader/consumer."

Methinks I should ask the obvious question can you exercise your
responsibility when legitimate replies to you are blocked?

That said perhaps I should at least point out the fact that there was
quite a downturn in the worldwide economy 10 years ago. That was 4
long years after I ran for a seat in the 38th Parliament because
politicians were ignoring my warnings about financial issues etc These
days the stock markets are soaring on speculation only. However Mother
Nature dictates that what goes up must come down N'esy Pas?

https://twitter.com/DavidRayAmos/with_replies



David Raymond Amos‏ @DavidRayAmos

Replying to @DavidRayAmos @Kathryn98967631 and 49 others

Methinks the LIEbrano Propaganda Machine erased one too many comments after it was read by others 

https://davidraymondamos3.blogspot.com/2018/10/nobody-should-be-surprised-to-sse.html

#TrudeauMustGo #nbpoli #cdnpoli #TrumpKnew


Trudeau The Younger can't deny that it contained a link to this file N'esy Pas?

 https://www.scribd.com/doc/2718120/integrity-yea-right

Content disabled.

David Amos 

@Rob Lehtisaari

You should try going back a little further in history

Everybody knows 44 years ago Canada had next to zero for a National Debt and what we did owe was to ourselves byway of the Bank of Canada. thanks to R.B Bennent (He also created the CBC and the Wheat Board) Then Trudeau the Elder decided to borrow money from Banksters and now look at the fix we are in.

Methinks there was quite a downturn 10 years ago and that was 4 long years after after I ran for a seat in the 38th Parliament because politicians were ignoring my warning about financial issues etc These day the stack markets are soaring on speculation only. However what goes up must come down N'esy Pas?

https://www.scribd.com/doc/2718120/integrity-yea-right

David Amos

@Rob Lehtisaari "Comprehension, or lack there of is the responsibility of the reader/consumer."

Methinks I should ask the obvious question can you exercise your responsibility when legitimate replies to you are blocked?

That said perhaps I should at least point out the fact that there was quite a downturn in the worldwide economy 10 years ago. That was 4 long years after I ran for a seat in the 38th Parliament because politicians were ignoring my warnings about financial issues etc These days the stock markets are soaring on speculation only. However Mother Nature dictates that what goes up must come down N'esy Pas?

Homeowners worried about paying down debt as interest rates go up

Younger homeowners have never experienced a significant rise in interest rates

Sophia Harris · CBC News · Posted: Oct 22, 2018 4:00 AM ET 

Concerned about how rising interest rates will affect your monthly budget? A new CBC survey shows you're not alone. (CBC) 

This story is part of a series we're calling Debt Nation looking at the state of consumer debt in Canada. Look for more coverage in the coming days, including on car loans, mortgages and credit card debt.

Many Canadian homeowners are worried about rising interest rates and how they will impact their budget, a new CBC Research survey finds.

Thanks to years of access to cheap money, household debt has ballooned in Canada. Now that interest rates are rising, there are mounting concerns over how people will continue to pay down mountains of debt.

Out of 1,000 Canadian homeowners surveyed online between Oct. 5 -11, almost three-quarters of those with debt on their home — mainly mortgages — confessed they're worried about rate hikes.

It won't take much for most of them to feel the pinch: 58 per cent of respondents said an increase of more than $100 in their monthly debt payments would force them to change their spending habits to make ends meet.

Certified financial planner Shannon Lee Simmons says many people who come to her for help are in a similar predicament.

"I see that on a daily basis from clients who make relatively normal living wages, but everything is just budgeted to the dollar," she said.

"If you were to ask them, 'Can you save $100 bucks a month?' they might fail at that."
We want to hear your debt confessions. Post a short clip, maximum 15 seconds, to your Instagram Stories and be sure to tag @CBCNews and use the hastag #DebtNation. We're looking to feature the most compelling on CBC News Instagram and CBC News throughout the week. Learn more here.


Simmons says part of the problem is some homeowners have never experienced a significant rise in interest rates.

"If you're 40 right now and you bought your house at 30, you've pretty much had a decade of relatively low [rates] and that's all you've experienced."

Certified financial planner Shannon Lee Simmons says homeowners need to prepare for the true cost of rising interest rates. (Shannon Lee Simmons)

Indeed, a 40-year-old would have been a toddler in 1981 when Canadian banks' prime lending rate shot up above 20 per cent. Conversely, since 2009, it has ranged between 3.70 and 5.75 per cent. Banks use the prime rate as a base to set their lending rates.

Failing to budget for heftier mortgage payments could lead to even more hardships, such as homeowners digging into their savings or turning to credit cards to make ends meet.

"It leaves it rife for credit card debt," said Simmons, founder of The New School of Finance, a financial planning firm in Toronto.

Not concerned — yet

The CBC survey findings come at a time when the Bank of Canada has already hiked the key interest rate four times since July 2017, from .50 to 1.50 per cent. The key rate influences the rate that banks charge for consumer loans and mortgages.

Many homeowners likely haven't yet felt the full effects of the rate hikes because they're still locked into a fixed mortgage, the most common type in Canada.

When their mortgage is up for renewal, 'they might be in for a bit of a shock," Simmons said.
The market expects another rate hike on Oct. 24, and some economists predict three rate hikes in 2019.

Bank of Canada governor Stephen Poloz says he believes Canada's debt risk can be managed successfully. (Justin Tang/Canadian Press)

Meanwhile, the amount of debt Canadian households owe has been on the rise for about three decades, totalling just over $2 trillion in August. Mortgages make up close to three quarters of that debt.

For years, the Bank of Canada has expressed concern over rising household debt levels. In 2011, Federal Finance Minister Jim Flaherty tried to temper borrowing habits with tighter mortgage rules.

They included lowering the maximum amortization period and requiring borrowers to qualify for a five-year, fixed-rate mortgage, even if they chose a variable mortgage with a lower rate.

But interest rates remained low and Canadians continued to pile on debt.

COMING UP IN THE DEBT NATION SERIES:

• TUESDAY | Why long-term loans are the fuel that's powering Canadian car sales
• WEDNESDAY | Full news coverage of Bank of Canada announcement on interest rates
• THURSDAY | CBC business reporter Peter Armstrong takes a look at the current state of household debt in Canada; Don Pittis analyzes what the Bank of Canada news means for Canadians' finances
• FRIDAY | CBC business columnist Don Pittis explains why credit card debt can be a dangerous trap

Wrong answer

According to credit agency TransUnion, Canadians owed an average $260,547 in mortgage debt in the second quarter of 2018 — a 4.76 per cent jump compared to the same period in 2017.

In the CBC survey, 36 per cent of respondents said they had no debt on their home. Forty-two percent said they owed between $50,000 and just under $400,000 when combining both a mortgage and lines of credit.

Most respondents said they are very or somewhat comfortable with their current monthly payments.

However, as the survey shows, for many, that level of comfort diminishes when faced with the prospect of higher rates.

• Poloz says Canadian household debt of $2T demands cautious approach on rate hikes

• How to score the best mortgage and wipe out that debt

And the impact could be more severe than some people think: When presented with a couple mortgage scenarios, less than a quarter of respondents were able to correctly estimate the added cost of a two per cent interest rate hike.

Take, for example, a $400,000 mortgage with a 20-year amortization and a fixed five-year rate of 3.3 per cent. With just a two per cent rate increase, monthly payments would go up by about $400 a month.

Simmons says many people find making the calculations daunting, but that homeowners need to understand the true cost of rising rates.

"Everyone is aware they're going up, I just think that people aren't necessarily prepared for how that impacts their daily life."

It's important to note that even with a projected rise in interest rates in 2019, they'll still be relatively low compared to previous decades.

The Bank of Canada raises the country's key interest rate to keep inflation in check, but governor Stephen Poloz said in May that the bank will make rate decisions cautiously, considering the amount of debt households are still carrying.

About the Author

 

Sophia Harris

Business reporter

Sophia Harris has worked as a CBC video journalist across the country, covering everything from the start of the annual lobster fishery in Yarmouth, N.S., to farming in Saskatchewan. She now has found a good home at the business unit in Toronto. Contact: sophia.harris@cbc.ca

• @sophiaharrisCBC