Mike's Daily Comment

With the political uncertainties, sovereign debt crisis and banking problems the next seven months are going to be terrible for Europe but how will it all affect our finances.

They don’t understand a basic premise of increasing condo and townhouse supply. These projects can’t get construction loans without presales. Some in the media, government and public think that a crash in presales is good news on the affordable housing front. Clueless.

It used to be most Canadians were concerned when people lost their jobs through no fault of their own. Workers in the oil sector who have lost their jobs don’t rate a mention by anti-oil politicians and activists. The real estate sector tanks taking thousands of jobs with it and few seem to care.

In Berlin they had to put up a wall to keep people in while over 77,000 have died trying to flee Cuba – 4 million have fled Socialist Venezuela. Meanwhile this year over a million migrants will face hardship and danger trying to get into capitalist US.

Pipeline Opponents Can No Longer Ignore First Nations Who Support Trans Mountain
Posted by Michael Campbell
on Wednesday, 10 July 2019 6:28
The fact that the vast majority of First Nations impacted directly by the Trans Mountain expansion was incredibly inconvenient for opponents like the NDP, Green Party and a variety of other self described progressive groups – so they pretended they didn’t exist. But they do – and now they want to buy a majority stake in the project.