Mike's Daily Comment

For anyone who’s read a federal auditor general’s report chronicling billions wasted, the shrieks of horror over the thought of cutting spending is a bit much. But there is no cut to over spending by any of the parties – just different rates of growth.

You can kiss new housing to help affordability concerns goodbye. No chance for green technology in Canada. And forget finding investors to help small and mid sized businesses grow because that’s the guaranteed result of doubling the tax on capital gains.

If you did then you probably need a hug because you’re all alone. And it’s no comfort to the rest of us that it was all government planned and executed. Let’s hear it for the bureaucrats.

Are you really buying that you can dramatically raise taxes on business and not impact economic growth? Because if you are – next time you’re talking to the Easter Bunny tell him the tooth fairy called.

The Root of Really Bad Economic Campaign Promises
Posted by Michael Campbell
on Wednesday, 16 October 2019 4:39
Some people just can’t get that 2+2 = 4 no matter which party’s in power. They think everything is political, which is why they don’t have a clue about how capital investment decisions are made, how economic growth happens and how jobs are created.