Mike's Daily Comment

What do you think would happen if the Bank of Canada stopped financing the government’s borrowing by buying bonds?

The federal government announced yesterday that the yet to be approved Novavax vaccine will be manufactured in Canada. By promised a vaccine would be available to all Canadians by September do they mean this year or next?

One of the secondary reactions to the COVID-19 pandemic is how a group of bored and at home day traders took on Wall St Hedge Fund managers resulting in a frenzied market that produced spectacular gains. But are they prepared to see the other side which will most certainly result in huge losses?

And just about everything else. Nothing will have a bigger impact financially, economically and geopolitically…it’s going to be a wild rise.

It’s Going To Cost You More
Posted by Michael Campbell
on Friday, 5 February 2021 7:16
What is going to cost more? Just about everything. A commodity supply shortage pushed by increased demand means higher prices – with food leading the way.