Mike's Daily Comment
When Prime Minister Trudeau signed the Paris agreement on greenhouse emissions he was committing our children to lose $600 to $1800 a year for emissions they didn’t create. Whether its the new carbon tax,the enhanced CPP or the mountains of debt its our children who are on the hook for the bills
related: Michael on The Root Cause Of Our Debt Problems
Vancouver City is going to use 6 million tax dollars to advance their dislike of business by crushing all of the small bicycle rental companies in the City. Brace yourself for the huge executive compensation packages….
related:
Michael on The Biggest Change in Canada’s Culture…. It’s Not Good News
The entire global financial system is in jeopardy because citizens do not hold their political leaders to account. For the longest time, when the facts were uncomfortable societal leaders avoided them and citizens just shrugged and went along. Dangerously, that is a strategy that no longer works.
Michael lays out a good example where Politicians are going to do something to the CPP that will hurt a lot of people: Time For Concern

Right now, most everyone is spending more than they collect – way more. Following the Federal example, Provincial debt is now greater than Federal debt for the first time in history. All fine down the line until payments become onerous. Low interest rates have made that possible, for now…..
Don’t miss Michael’s comment on The Most Important Statement in a Generation





If history is any guide, Governments have just messed things up royally by passing a brace of laws to lower housing prices. With Governments record for success, and by acting near the end of a huge bull market run, a lot of innocent bystanders are going to have their equity shredded.
related on real estate: Ozzie Jurock Gives The Scoop On A Leaked Revenue Canada Memo