Mike's Daily Comment
It’s straightforward. Without the central banks spending trillions buying bonds trying to keep the credit markets functioning – what’s your guess as to what interest rates be?
Mike talks about the incredible speed with which capital is moving. Diane Francis on how Canada’s response to COVID-19 compares to other countries, while Vision Capital’s Jeff Olin shares the 5 things to focus on if you want to take advantage of the disruption to the real estate market.
Credit markets problems + deflation are the ingredients of a deep economic contraction yet that’s what oil opponents are celebrating. Clueless doesn’t begin to do it justice.
And one that every Canadian should note. The two Michaels have been held in solitary confinement for 500 days in China. Meanwhile we send tens of millions of our tax dollars in aid to the world’s biggest human rights abuser.
My Big Test As To Whether Government Is Serious about The Economic Challenge Facing Us
Posted by Michael Campbell
on Tuesday, 28 April 2020 6:57
There is one thing our provincial leaders can do to add between $50 and $100 billion in economic growth – and it won’t cost them (or you) a cent.