Long term repercussions from Covid-19 what will they be?

[Dr Awesomesauce]

If those big, beautiful Japanese toilets are out of reach, you might consider going the 'bum gun' route. Same idea. Not so sexy. But very effective.

https://www.thebumgun.com/8-simple-b...bidet-sprayer/

[Loco101]

Originally Posted by misher

Provinces that used to pay the bills now need help. Provinces that historically have needed help are now doing the best and have to pay the bills.

Quebec independence is now going to get a lot more traction as Quebec is only ok when things go the other way.

It's hard to predict but I'm thinking that Quebec's economy will take less of a hit than most of the other provinces. The industries and resources there tend to be more stable ones in today's world. As for sovereignty, I can't see support for it rising immediately. There are currently two parties that support it but don't have official party status. Québec Solidaire could gain support as they are very anti-poverty and pro-socialist but it really depends on what happens over the next few years. I have a hard time seeing that party winning.

[lio45]

Originally Posted by Loco101

It's hard to predict but I'm thinking that Quebec's economy will take less of a hit than most of the other provinces. The industries and resources there tend to be more stable ones in today's world. As for sovereignty, I can't see support for it rising immediately. There are currently two parties that support it but don't have official party status. Québec Solidaire could gain support as they are very anti-poverty and pro-socialist but it really depends on what happens over the next few years. I have a hard time seeing that party winning.

Only one party (current in opposition after their worst result ever) officially opposes it. Two parties formally want it, and the last one (in power and enjoying a honeymoon) is, officially, only "nationalist", but isn't an enemy of the idea. Not to mention, it's led by someone who was a sovereigntist cabinet minister for a long time.

[Loco101]

The gold mining in my region had been going strong because of the high price of gold. But the mines are also hurting a bit because of social distancing and having many miners starting at staggered times. Many members of the public have been complaining on social media about them possibly causing virus spreading and the mines actually took action.

Most of the mines for the next month or so are either working on reduced production with minimal crews or just have maintenance crews with no production. Hopefully it won't last very long because it's somethings that keeps Northern Ontario afloat and is good for Bay Street in Toronto.

Timmins was one of the few places that boomed during the Great Depression of the 1930s so hopefully we can do well again during this big downturn.

[Loco101]

Originally Posted by lio45

Only one party (current in opposition after their worst result ever) officially opposes it. Two parties formally want it, and the last one (in power and enjoying a honeymoon) is, officially, only "nationalist", but isn't an enemy of the idea. Not to mention, it's led by someone who was a sovereigntist cabinet minister for a long time.

Yes, you are right about the Legault and the CAQ being quite nationalist. And I do know that the Premier is a former PQ cabinet minister. I guess he and his government could go the way of sovereignty if it keeps them in power.

[casper]

Originally Posted by wave46

Well, if Newfoundland is the canary in the coal mine, we'll likely see serious belt-tightening by the provinces soon enough.

Or national governments - Italy may feel the brunt of a second debt crisis once this is all said and done.

Debt markets are getting twitchy about loaning money, which means that interest rates will climb on shaky debt issues.

The binge of cheap debt may be coming to an end for some places.

I don't think we are going to see a debt crisis in either Italy or here. The crisis is generated by the relative debt of one country to the global norms. Every western country is going through this in a very similar way.

Where is the debt market going to go looking for safety? The US market?

I am not certain what is going to happen. Hopefully some PhD economist types start to push some predication based on computer models.

Trump is certain to be re-elected (despite the leadership he has). The american population in general is going to be scared of the rest of the world for a number of years. I don't think the US will be open for immigration over the next 5-10 years. Canada may very well end up assuming the role as a gateway into/out of the US.

[esquire]

Originally Posted by WarrenC12

Possibly, but I doubt it. Some of the major lines may have troubles, but cruisers seem to be a really dedicated group.

I think the appeal of the traditional multi thousand person ocean cruises will wane heavily. A lot of people will think twice after all of this.

I'm sure the cruise lines will draw some people back with steep discounts, improved amenities and such, but I doubt it'll be enough to offset the downward trendline. That said, I could see smaller, more sustainable forms of cruising remaining a viable business... sort of along the lines of river cruises which involve much smaller ships.

[Acajack]

I think we will likely see a noticeable decline in the popularity of group seniors' residences. So more seniors continuing to live on their own later in life, and also perhaps even more multi-generational households with grandparents living with their kids and grandkids.

[esquire]

Originally Posted by Acajack

I think we will likely see a noticeable decline in the popularity of group seniors' residences. So more seniors continuing to live on their own later in life, and also perhaps even more multi-generational households with grandparents living with their kids and grandkids.

This one I'm not so sure about. Seniors residences (real seniors homes, not the 55+ apartments type places) tend to be a last resort. Maybe people will hold out a little longer but at a certain point some people do reach a point in their lives where they require assistance with basic tasks.

Multi-gen households are fine when the grandparents are still self-sufficient, but once they need help with eating, toileting, bathing, etc., which member of their family quits their job to look after them?

[kwoldtimer]

Originally Posted by Acajack

I think we will likely see a noticeable decline in the popularity of group seniors' residences. So more seniors continuing to live on their own later in life, and also perhaps even more multi-generational households with grandparents living with their kids and grandkids.

More co-housing, if the pre-senior Boomers can pull it off (it ain't easy!). Anything that pushes out the day when nursing care is required.

[WarrenC12]

There's a massive waiting list for seniors' residences and care homes. That's what up to 25% of Canadian hospital beds are housing: people who need care homes but there's no space.

I can't see much of a reduction in demand there.

[kwoldtimer]

Originally Posted by WarrenC12

There's a massive waiting list for seniors' residences and care homes. That's what up to 25% of Canadian hospital beds are housing: people who need care homes but there's no space.

I can't see much of a reduction in demand there.

Sadly, there are going to be many more beds available in coming months.

[WarrenC12]

Originally Posted by kwoldtimer

Sadly, there are going to be many more beds available in coming months.

Well, yes, but probably not enough to clear out the current hospital population.

[MonkeyRonin]

Originally Posted by Acajack

I think we will likely see a noticeable decline in the popularity of group seniors' residences. So more seniors continuing to live on their own later in life, and also perhaps even more multi-generational households with grandparents living with their kids and grandkids.

Though as we've seen with Italy and Spain, that carries certain risks too.

[lio45]

Originally Posted by Acajack

I think we will likely see a noticeable decline in the popularity of group seniors' residences. So more seniors continuing to live on their own later in life, and also perhaps even more multi-generational households with grandparents living with their kids and grandkids.

I was also thinking about this. Not sure yet what the net effect will be.

[Acajack]

Originally Posted by esquire

This one I'm not so sure about. Seniors residences (real seniors homes, not the 55+ apartments type places) tend to be a last resort. Maybe people will hold out a little longer but at a certain point some people do reach a point in their lives where they require assistance with basic tasks.

It's mostly half-and-half in terms of the people I know. Of course it depends on the type of seniors' residences we're talking about.

I am encompassing all of them in my assessment.

[esquire]

Originally Posted by Acajack

It's mostly half-and-half in terms of the people I know. Of course it depends on the type of seniors' residences we're talking about.

I am encompassing all of them in my assessment.

Perhaps it is the "optional" seniors residences that will take a hit, i.e. the senior-oriented apartments, condos, life leases... Places that exist to make residents lives a bit easier by arranging for cooking, cleaning, entertainment, providing a social network, that sort of thing.

For true personal care homes that support seniors with basic life functions, I suspect that demand is probably much less elastic. But even if that's how it plays out, the impact would still be huge...

[wave46]

Originally Posted by Acajack

I think we will likely see a noticeable decline in the popularity of group seniors' residences. So more seniors continuing to live on their own later in life, and also perhaps even more multi-generational households with grandparents living with their kids and grandkids.

The nuclear family is an aberration which was dependent on housing being very cheap and a single-income breadwinner. It also was due to the rise of a highly mobile workforce - couldn't take everyone in your extended family with you if you went halfway across the country to chase a job.

That's changing. You now have both parents working, which means the kids need care (daycare = $$$). Housing in our major cities is becoming exceedingly expensive, so a set of a homes for grandma/grandpa, mom/dad and adult children each is becoming out of reach for many. The workforce is concentrating in major cities too if you're chasing a job. Mining sites are now in-and-out locations that shuttle their workforces, so one doesn't need to drag the whole family along (or can't, really)

Culturally, Canada is also changing. The nuclear family is a more Western European-based ideal that stems from the 1950s, whereas Canada is increasingly drawing from cultures where multi-generational households are just how things get done.

I think we'll see a lot more of the 'granny suites' in homes in the near future as our society transitions. Close enough to keep an eye on, but far enough away to have privacy. Or owning two parts of a semi-detached house.

[whatnext]

Originally Posted by wave46

The nuclear family is an aberration which was dependent on housing being very cheap and a single-income breadwinner. It also was due to the rise of a highly mobile workforce - couldn't take everyone in your extended family with you if you went halfway across the country to chase a job.

That's changing. You now have both parents working, which means the kids need care (daycare = $$$). Housing in our major cities is becoming exceedingly expensive, so a set of a homes for grandma/grandpa, mom/dad and adult children each is becoming out of reach for many. The workforce is concentrating in major cities too if you're chasing a job. Mining sites are now in-and-out locations that shuttle their workforces, so one doesn't need to drag the whole family along (or can't, really)

Culturally, Canada is also changing. The nuclear family is a more Western European-based ideal that stems from the 1950s, whereas Canada is increasingly drawing from cultures where multi-generational households are just how things get done.

I think we'll see a lot more of the 'granny suites' in homes in the near future as our society transitions. Close enough to keep an eye on, but far enough away to have privacy. Or owning two parts of a semi-detached house.

Where do you put a granny suite in a condo?

[wave46]

Originally Posted by whatnext

Where do you put a granny suite in a condo?

Then you're living together. Kind of like the show Frasier.

Or you own two small condos in the same building.

I'm just saying, the nuclear family ideal (home in the suburbs, picket white fence, putting seniors in old-folks home, etc.) is quickly falling apart under modern economic pressures and our changing cultural values.