UFOs over Vancouver, December 8 - Video Analysis

Very beautiful UFO lights captured by video over Vancouver, Canada. Is this an authentic video? according to my analysis that's probably right, but it doesn't mean it is of alien origins.

The video was taken on December 8 by a local BMX freestyle enthusiast, who described the lights as red,  silent and flickering as if on fire.
Judging by the video poster's description and the way one of the lights falls down as if extinguished immediately in the beginning of the video it is more than logical to assume that these were indeed Chinese lanterns and not anything of alien origins.
Not trying to disparage any one's opinion, I'm just offering mine - So don't worry, next time we will get them!