Mike's Daily Comment

Stock Market Is the 2nd Big Warning

The first was the massive jump in overnight lending rates in September but is anyone paying attention? I doubt it. For months on MoneyTalks we warned that a massive change was coming in late January – now we’ll focus on what’s next. Hint: it’s much more serious.

They’re Celebrating the Lost Government Revenue, Jobs and Opportunities for First Nations

When Teck backed away from the Frontier Mine, David Suzuki celebrated and called the loss of jobs, opportunities for First Nations youth and billions in government revenue a “victory.”

Bullying on Full Display During Protests

Name calling, threats, pushing and shoving have all been featured during the Coastal Gaslink protests – a reminder of how much work they’re still to do on Pink Shirt Day.

It’s Groundhog Day in the Oil Patch

The formula is clear – spend a billion and get nowhere. Teck’s just done it – so did Northern Gateway & Energy East and Kinder Morgan but in the later’s case the plan backfired – and now taxpayers are left holding the bag.

Canadian Complacency Biggest Threat


No shortage of economic and financial worries – COVID19, falling commodity prices, Deutsche Bank derivatives, Bernie Sanders rise – all of which could be the catalyst for a serious market correction.

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