Trader

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Trader last won the day on April 17 2020

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  1. So the Feds will shut down travel utilizing an Emergencies Act. Yet they have know, since the spring, that long term care homes are incredibly vulnerable and yet have done NOTHING. Thousands have dies in those homes, the most significant number of any group, yet the feds and provincial governments havn't stepped in. Why not initiate the Emergencies Act, take over the homes, provide the needed procedures, care (pay the staff what is required) etc. Smoke and mirrors to deflect their pathetic handling of the pandemic.
  2. In the same way that collaboration is enhanced by the 'water cooler' conversations, lunches etc. It is also far easier to walk through an office, have quick conversations etc. that Zoom/Teams etc. do lend themselves to. The concept that huge numbers will soon be working from home, is in my opinion, not something that is going to happen.
  3. While we argue about restrictions our governments continue dropping the ball. We have known since March that the LTC homes are at incredibly high risk and yet NOTHING was done in the last 6-8 months to deal with that. If we can restrict movement then why can we not restrict and set requirements for the owners of the LTC homes? If required take them over! In Ontario the largest were paid $130 million in CERB and yet still paid out dividends all while doing almost nothing to mitigate risk. We KNOW that over 90% of deaths occur in these homes and this age group. But did nothing. Seems conven
  4. They also bought the 400's pre-pandemic. At that time an NG was $250,000/month, though not so now.
  5. While I certainly agree that refunds are in order I would love to see how many of these people wanting refunds cry foul when on the other side. How many are upset when they miss a doctor/dentist appointment and are expected to still pay? How may make a restaurant reservation and perhaps don't show? If it's fair in one case it is fair in all cases.
  6. Take a look at the GTAA's annual report especially executive wages. They justify them by comparing themselves to some utilities, a few international airports and oil companies. Tell you what - compare yourself to other NON-profits and then come up with a justification. AIF is for capital expenditures and airports are now pulling that in for general operations. They have 'rebated' in one form or another the landing fees for AC, WJ etc. and now cannot fund their operations.
  7. Interesting that the airports are raising fees and cutting staff yet their Senior management and BoD's have not taken pay cuts! Same at NavCan - CEO still making $650,000/year and they want to increase fees by 30%. There is STILL a disconnect in this country.
  8. Swoop attempting to find airports willing to subsidize their flights in some manner.
  9. Face Masks Application 9 (1) Subject to subsection (2), sections 10 to 17 apply beginning on April 20, 2020, at 12:00 p.m. Eastern Daylight Time. Exception (2) Sections 10 to 17 do not apply to the following passengers: (a) an infant; (b) a person who has breathing difficulties unrelated to COVID-19; (c) a person who is unconscious; or (d) a person who is unable to remove a face mask without assistance. Notification 10 An operator must notify every passenger that intends to board an aircraft for a flight that the operator operates that (a) the passenger must be in possess
  10. The program pays 75% of an employees wage to a max of approx. $48,000/year (equivalent based on the time period of the program). This is for ALL employees. The result is that when an employer looks at their overall payroll, depending on the wage profile, the top up may be reasonable. An employer receives 75% of the wage of ALL their employees so essentially their wage costs are the amounts above and beyond the 75%/capped amount. An employer has 100 employees all earning $68,000/year. Payroll is $566,666/month. Employer lays off 50% staff, payroll is $283,000. An employer has 100 empl
  11. The program is not for airlines but for all businesses affected by the crisis and it certainly appears to be one means of keeping people solvent and money moving. It ends in June so is an immediate, short term program. Air Canada may not have 'stuff to do' for those workers but other companies will find opportunities. At Flair the staff are being trained in other areas of the operation, being placed into teams to push projects forward, completing more advanced training etc. There are numerous opportunities for a creative company to use the program to pay staff and provide meaningful
  12. And no discussion yet in the media or political arena about the death toll that results from a devastated economy. There were 10,000 suicides in the US attributable to the meltdown in 2008, as people lose jobs the death toll from stress rises, as more people are pushed into poverty the deaths from poorer nutrition etc. That is not to say that we toss out the measures that are being taken, but a clear discourse on the real effects and the 'other' deaths that will occur should be had and understood. I get a feeling that people believe the governments will step in and make it all bett
  13. Some random thoughts: 1. The best estimates are that 50-75% of all people will come down with the virus. The concept of flattening the curve is to spread that out, over time, so that the health care system is not over run. So how are we 'being' safe by not having aircrew (or others) work etc? 2. The worlds infectious disease experts are saying that while they cannot confirm, at the moment, that a person cannot get the virus a second time all of their experience and knowledge suggest that will be the case and once you recover you will not be susceptible to re-infection. So it is
  14. If the recovery doesn't start until September there won't be much of an economy to support airlines in general.