England Ends All COVID Passports, Mask Mandates, Work Restrictions
01/19/2022 2:13 PMRestrictions including COVID-19 passes, mask mandates, and work-from-home requirements will be removed in England, UK Prime Minister Boris Johnson announced on Wednesday. Johnson also suggested that self-isolation rules may also be thrown out at the end of March as...
read more
Fruit and veggie outages in Canada get worse with trucker shortages
01/19/2022 1:51 PMExtreme weather and supply-chain snarls are among the reasons for shortages in grocery stores. Here’s another: Unvaccinated truck drivers. In Canada, where as much as 90% of the country’s fruits and vegetables come from the US during the winter, a vaccine mandate for...
read more
Bitcoin hodlers ‘under siege’ at $42K as 30% of BTC supply flips from profit to loss
01/18/2022 1:16 PMBitcoin (BTC) hodlers face a crucial week in more ways than one as $42,000 rekindles a familiar battle. As noted by on-chain analytics firm Glassnode on Monday, 30% of the BTC supply is now at a loss — historically, this has been a key number to defend for bulls....
read more
Canadians’ financial confidence plunges to record-low: Report
01/18/2022 11:04 AMThe cost of living is rising, and the added burden is weighing heavily on Canadians’ view of their personal finances. A new report published today (Jan. 17) shows that confidence in meeting everyday expenses and reducing debt has weakened in the first quarter of 2022...
read more
Big Fat Idea – Mortgage Check Time
01/17/2022 3:10 PMKyle Green of the Green Mortgage Team joins Mike to share the latest numbers on variable and fixed options, whether you should try and renew early, blend and extend or something completely different. And a sooner rather than later heads up for folks purchasing rental...
read more
Trading Desk Notes For January 15, 2022
01/17/2022 2:55 PMPeak Fed Hawkish – Or Minsky Moment? Peak Fed hawkish means the markets have WAY over-anticipated the consequences of Fed tightening (the Fed will stand down) – Minsky moment means there has been a sea-change at the Fed, and you ain’t seen nothing yet! Both opinions...
read more
Canadian Cities Have Seen Up To 90% Of New Real Estate Supply Scooped By Investors
01/17/2022 2:42 PMCanadian real estate is being scooped up by investors with excessively cheap credit. Ownership data for residential real estate across four regions show a significant share owned by investors in 2020. What’s most impressive is how fast this trend must have...
read more
Report: Athletes in Beijing Games Urged to Use Burner Phones, Disposable Computers
01/17/2022 2:06 PMAthletes from multiple countries—including Canada—were urged to leave their cell phones and laptops at home due to high risks for cyber spying at the 2022 Beijing Winter Games. The Olympic Committees for the United States, Netherlands, Great Britain, Australia and...
read more
Quote of the Week, Shocking Stat & Goofy Award
01/16/2022 12:15 PMQuote of the Week One of Canada's top economists shares his approach for reducing risk and getting the issues right. Shocking Stat of the Week Covid stats right out of the Centre for Disease Control on who's really at risk. Hint: most will be surprised. Goofy Award...
read more
Mike’s Comment – Jan 15th
01/16/2022 12:03 PMLike Tears for Fears says, "everybody want to rule the world" - or in this case "re-imagine" the economy or capitalism. Only problem is they can't even get the basics...
read more
