Mike’s Midweek Comment

The Feds Poised To Smash Vancouvers Real Estate Boom

Posted by Michael Campbell

on Thursday, 9 June 2016 2:19

The BIG question: Will the Federal Finance Minister yield to pressure and do something to stifle Vancouver’s real estate market? Damage Canada’s most dynamic economic sector by an extremely large margin. In 2015 Canada created 144,000 jobs of which 110,000 were in BC, mostly in construction related to real estate…much more to in Michael’s Mid-Week Update

vanchousMore from Michael: Time To Demand The Facts

Borrowing to expand the economy is going to occur according to Canada’s Prime Minister. Taxpayers though, just can’t absorb the waste in Government infrastructure programs that has been the hallmark in the past. From organized crime controlling road buildng in Quebec to the multi-billion dollars wasted in Ontario on green energy….

related: Michael on The Entitlement Craze

Apart from two unusually attractive properties Ozzie has searched out he tells us about new mortgage rules Canada’s Big Banks are contemplating that will affect all property buyers

Be sure to check out Mike’s Big Fat Idea, a 5% preferred share dividend with several unique features

In this weeks Big Fat Idea a preferred share dividend with some unique, very, very attractive features. “It’s a real opportunity” say’s Neil McIver of Capital Management. Paying between 4 1/2 – 5%, equivalent to 6- 6 1/2 percent interest because of the dividend preferential tax treatment. There’s more too…. 

 

Be sure to check out featured guest Danielle Park’s advise on how to handle this Dangerous Investment Climate

This weeks Shocking Stat demonstrates the European Union’s response to the Sovereign Debt crisis was to hire Hundreds of thousands of highly paid employees to advise on vitally important legislation covering mineral water, flavorings…..it goes on to the degree that there are so many bureaucrats they outnumber a European army.

Don’t forget to catch Mike’s Favorite Story of the Week HERE 

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