Mike's Daily Comment
Even the NDP have admitted attractive tax rates attracts businesses, capital and skilled people when they brought in their Film Credit. With the US set to lower corporate taxes, businesses including Hockey in Canada are going to suffer.
With the testimony of FBI Director James Comey tomorrow, Donald Trump’s tax and infrastructure program is on the hotseat putting the Trump rally at risk. As this drama unfolds the markets are also on high alert for the results of the British Election which has ramifications throughout Europe.
The big debate has to include the consequences of a mandatory raising of the minimum wage 31.5% over 21 months as Ontario intends to do. Some businessses will cope, others won’t. Heck, even Premier Wynn’s own expert panel recommended against it. What’s really galling….
For starters, there’s plenty of affordable housing in beautiful BC cities. The affordable housing crisis is centered in Vancouver and surrounding suburbs and politicians want to take rural tax dollars to spend on Vancouver housing!
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Trump’s Effect On Canadian Military Spending
Posted by Michael Campbell
on Friday, 9 June 2017 15:07
Thanks to pressure from Donald Trump and Canada lagging terribly on its committment to maintain its military, the defense minister announces an increase of 14 billion over the next 10 years, and far more in the decade after.