Attendance:

·        Frank Alison, Jim Boyko, Gordon Brown; Basil Dias; Courtney Fisher; Dave hardy , Saifoo Lau , Avrum Liederman; Peter Masson; Mike Mushet; Arthur Retnakaran; Barry Smith; Ger Wengler; Cynthia Lai

·        Mike Conway; Dorothy Evans ( something to do with Basil); Nadia Heys (store Front)  ; . Cheryliane Gomes (Precious Blood Catholic School) Sameer Dhawan, a Petro-Canada retailer and husband of  Madhavi.

 

 

Anthem: Peter

 

Grace: Basil

 

Toast: Barry

 

 

Gerd Wengler   “I have more cheques for the club” 2 x $1000 cheques.

 

 

Barry and Sameer  presented a cheque for $4100 for Precious Blood School  to Cheryliane.

 

 

 

Marbelous draw

Conducted: by Arthur

Drawn by:  Principal Cheryliane

Won by: Peter

Result: $4 … not quite the $70m the guy in Brampton got

 

 

 

 

 

Happy Bucks…

·        Many happy people …maybe something in  the water.

 

 

 

 

 

Introduced By : Gerd Wengler

Thanked by: Mike Mushet

 

Jim our own “Oracle of Scarborough ” with  a recap of predications for 2019 & new ones for 2020

He has been doing this now for over 20 years & it all started to celebrate the Ukrainian Christmas.. who knew.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2019 …

·        Some right, some not so right

·        Sports … Maples leafs passed 1^st round – wrong … its still 1967 and counting ,

·        Raptors in the finals  - yes but thought would lose – wrong – go raptors !!!

·        Superbowl  New Orleans  -- wrong

·        Politics

o   Ontario … Doug Ford uncertainty and conflict – yes… makes you kind of miss seeing Rob Ford  on the Jimmy Kimmel show

o   Canada …Trudeau wins minority – yes

o   USA … Trump not impeached – wrong

o   Rest of the world … China and Russia still seeking world domination – yes 

·        Economy would slow down & markets would be flat – wrong

·        Investments pics

o   Apple a few years ago… Dave Hardy say thanks

o   Right  on almost all his 2019 pics.. 

2020

Sports

·        Leafs make playoffs, but only  cup to be had will be the ones they are wearing

·        Raptors make playoffs ..but no Khawi  so no “Larry OB”

·        Blue jays …who cares… still a few years away 

·        Superbowl… one of the 4 team left will win.. picking Kansas City …

Politics

·        Same Old Doug Ford

·        Will there  be a Canadian federal election, minority could fall at any time, not likely.

·        USA … Trumps stays and gets re-elected… here’s hoping the world get a better deal this time

·        Rest of world … UK – uncertainty; China – government still wants to control everything, good trade deal with USA  to make Trump look good; China / Russia competing to see who is # 1 in the world domination business

Trends

·        Climate change

·        Middle east –continue blowing themselves up

·        Debt – USA now has 24 trillion in debt…lot of zeroes -- trying entering that on your calculator

Picks

·        Slow economic growth / house prices stay flat

·        CDN $ stay the same

·        Unemployment up a bit

·        Interest rates & inflation remain low

·        Oil … stays in the $60 range

·        Stock market ..sees staying  flat or down –advises to be defensive

·        Stock picks

o   Veran Technology

o   Well health Technology

o   A&W Revenue Fund… who doesn’t  like a  frosty rootbeer.

 

Barry thanked Jim and concluded the meeting.