Mike's Daily Comment
This weeks Mid-Week update sees money scrambling to find safety from the spreading European Banking crises, the currency markets including a substantially weaker CDN Dollar that is being driven lower due to over-supplies of Oil driving driving prices down, plus new laws intended to squelch real estate prices in the face of some remarkable immigration figures.
Catch Michael’s Daily Comment: The Government Magic Wand Sweeps Again

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
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





Turns out that in order to gain the most US election votes both candidates have gone against free trade. Despite that fact that every citizen would benefit from the removal of all tariffs, free trade is still not a vote getter.
Don’t miss Michael’s Mid-Week Update: Money On The Run