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Joined 1 year ago
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Cake day: June 15th, 2023

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  • Then why is it not applicable to nurses, or teachers or any jobs that have the government as an employer? Everyone was/is getting fucked by the inflation and we’re losing critical personnel by the spade while CAQ is voting themselves cushy raises way above anything reasonable. That’s the problem with the 30% raise.

    They spit in our faces and people still find a way to justify it. Stop licking their boot and demand better from our elected officials




  • Interac is a private company acting as a payment processor just like MasterCard or Visa.

    Each bank have an interface with Interac, and each terminal/cards that supports Interac as well.

    This simplifies a transaction. The banks, terminal manufacturer and card manufacturers just need to make sure that their products are certified by Interac (or MasterCard or Visa) and they can make a transaction between them without interfacing with each banks, terminal and card manufacturers directly.

    In exchange, the payment processor takes a cut. Usually it’s a base fee + a percentage of the transaction. But each bank and merchants are free to negotiate these fees.

    I think that all payment processors are private, but I could be wrong.

    From memory, MasterCard and Visa are heavily based on EMV while Interac did their own thing first and then tried to somewhat converge towards EMV. So they have a funky specification. I think that Discover are based on EMV as well, but they do their own thing as well with a legacy payment processing (Diner’s club or something like that)

    Banks are risk averse, so trying to get into the payment processor market today would be extremely hard as all the major players already have an interface with the banks, and the terminal/card manufacturers want to ship as many unit as possible, so they pick popular payment processors.

    Development and certification is expensive, so they try to do as less payment processor they can get away with.




  • Your point is that blaming corporations is a cop out. My point is that blaming the corporations is not a cop out, and one of the reasons, not the only reason. NIMBY and zoning regulations are definitely also affecting the crisis.

    If it really was just investors buying up everything, rents would be cheap.

    That is such a naive point of view. Landlords would rather leave a unit empty instead of lowering rent because otherwise it would lower the value of their investment.

    The housing market isn’t a free market like you seem to imply. People need to have housing, so landlords will definitely gouge their tenants because they can and we see an article pretty much daily of renovictions and rent ballooning up once the lease is at term. Having more supply would definitely alleviate this problem, but it is only part of the solution. REIT buying swath of houses with lower interests than individuals is definitely inflating the prices because they can buy housing at a higher price, causing the other houses in the area to raise as well.



  • Alors les chauffeurs de bus devraient se fermer la gueule et prendre leur trou? Une grève, c’est fait pour déranger.

    Clairement que les politiciens prennent pas le transport collectif, alors la pression doit venir de la base électorale.

    C’est plutôt terrible de promouvoir de classifier le personnel du transport collectif en personnel essentiel pour pouvoir les faire taire à coup de loi spéciale et les empêcher de faire la grève plutot que de s’insurger contre les têtes dirigentes du RTC.