There are some disturbing facts about the so-called “enhanced Canada Pension Plan” about to be brought in. No, its not pretty but it sure is important to understand, especially if you are getting near retirement.

The recent Brexit vote provided an opportunity to shine a big light on finance and economics and the three key trends growing that will effect you.

Don’t miss Mike’s Friday Daily comment:

Bye Bye European Welfare State

Our own political elites, organized labour, business cronies, academics and media commentariat in Canada have not yet woken up or recognize the radical change that is afoot. Social violence, dramatic market volatility, corruption around the world. Coming here too, as soon as Government paychecks stop coming on time….or at all.

The stunning Brexit vote isn’t about politics. It’s a reflection of the economic & financial change that’s bringing down the EU. The first major domino to tumble in the unwinding of globalization /political corruption / protectionism / endless regulation. Bigger dominos are teetering as the phenomenon sweeps the globe….

also:

Mike’s Mid-Week Update – Money is Frightened

Government is going to help you save for your pension by demanding you submit to automatic payroll deductions. Its worse, your employer who will have to pay more too, some will not be able to survive. If you are self-employed get ready to get struck twice…..

Yesterday’s Daily Comment: Howls of Protest