Archive for August, 2005

Baby Situation

August 14, 2005


I’ve been busy for the past couple of days expanding the size of our family. Hopefully, I should be back to blogging in a few days. I hope everyone is having a great summer.

This and That

August 9, 2005

  1. The Globe and Mail listed five reasons why oil prices are high in today’s lead story. Seems to me that all five reasons are due to transitory factors.
  2. This post on Random Roger’s Big Picture blog points out the importance of making allowances for mistakes in investing. Roger points out that if an investor decided that the oil run is over one year ago and sold their entire energy holdings, it would have been extremely difficult to keep up with the recent strong gains. Fortunately, though I guessed that oil is due for a decline, I only sold half my energy position.
  3. It is ironic that 66% of computer science students pirate movies, music and software, compared to 46% of students in other fields of study.
  4. People considering a switch to VoIP, should carefully consider the technology’s drawbacks pointed out in a newspaper article. I decided against VoIP for much the same reasons.
  5. Canadians who bought a MP3 player between December 2003 and December 2004, could be eligible for a refund of up to $25.

Another Year; Another Surplus

August 8, 2005


The Globe and Mail newspaper’s lead story today refers to the not-so-surprising fact that the federal government is well on its way to post another surplus for the current fiscal year. In April and May 2005 alone, Ottawa posted a surplus of $3.1-billion. A strong economy and high energy prices are likely filling up Ottawa’s coffers faster than the minority government cuts deals with opposition members to stay in power.

An earlier post suggested that the federal government should return some of its surpluses to working Canadians. Finance minister Ralph Goodale talks a great deal about “improving Canada’s productivity”. His government should now follow-through and invest more in education, help companies invest in R&D and make serious efforts to combat our brain drain.

Note: I will be posting sporadically this week as I attend to some personal matters.