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Investment Opportunities in CyberSecurity

Plurilock Security CEO Ian Paterson joined Michael Campbell to explain how and why investors should consider participating in the booming sector of CyberSecurity. Also a must see for anyone considering adding FinTech or Crypto exposure to their portfolio.

FX traders fall out of love with loonie as Canada goes to polls

Foreign-exchange traders are feeling a bit on edge about Canada.

While voters prepare to render their verdict on Prime Minister Justin Trudeau’s government at the polls on Monday, the market is taking a distinctly downbeat view of the local currency, despite recent buoyancy in resource prices. Indeed the rise in global commodity costs could even become a headwind for the country’s economy rather than a tailwind as concerns about domestic inflation take center stage for citizens, politicians and central bankers alike.

The loonie, as it is affectionately dubbed because of the bird that graces Canada’s coinage, has been one of the worst-performing developed-market currencies in the second half of this year. After outstripping all its Group-of-10 counterparts in the first six months of 2021, it’s fallen 3.6 per cent since June 30. And activity within derivative markets suggests there could be more pain to come for the currency even as the Bank of Canada starts to pave the way for monetary policy tightening…read more.

Mike’s Comment – Sept 18

What does a 36 day election campaign get us? Answer: another $600 million in debt, politicization of the pandemic, a nation further divided and not much else.

Next Tuesday, September 21st at 11am, Plurilock Security CEO Ian Paterson will expand on his conversation with Michael Campbell on this week’s MoneyTalks show with a presentation showing investors how and why they should consider participating in the booming sector of CyberSecurity.

A must see for anyone considering adding FinTech or Crypto exposure to their portfolio. Ian will also update investors on Plurilock’s huge revenue surge and successful expansion into the US. CLICK HERE to register – access is limited so sign up early.

Jim Pattison warns wealth tax will lead to Canadian capital exodus

Canadian billionaire Jim Pattison warns that recent policy proposals to tax the wealthy may lead to investment fleeing Canada, and make it harder to tackle current labour shortages.

“The people that are in business, they invest money which creates jobs,” Pattison said in a wide-ranging interview on Thursday. “They should pay their fair share, but there’s other alternatives. The government is taxing people that have money [and who] will go someplace else, like the United States or somewhere.”

Pattison’s message to the government is simple: encouraging investment will create jobs needed to help ensure Canada’s economy will see a strong recovery from the COVID-19 pandemic.

“Capital goes to where it’s friendly to capital,” he added. “The more you hit capital, they’ll find a place that’s more favourable in most cases, but capital creates jobs handled in a proper way.”…read more.