Mike's Daily Comment
The Parliamentary Budget Office is analyzing the cost of various campaign promises BUT it can’t tell us if a party’s complete platform is affordable but maybe most Canadians don’t care.
Do you know what the people behind the student protests are demanding because it’s not a reduction in emissions? It’s “equity, reparations and climate justice” including saying no to technology, cost benefit and other economic analysis.
For over 30 years successive federal auditor generals from Dennis Desautels, to Sheila Fraser to Michael Ferguson have chronicled massive waste and mismanagement in spending our tax dollars but no party wants to talk about it.
Mike reminds us that while we’re focused on the blackface scandal, other key issues are overlooked. Jeff Olin talks about the unique way Vision Capital invests in real estate that has resulted in compound average yearly profits over of 14% since its inception in 2014. Plus lots of campaign goofies.
Forgive the Interruption to the Campaign Drama But This Is The Biggest Financial Story In the World
Posted by Michael Campbell
on Thursday, 26 September 2019 6:17
Last week banks lending overnight to other banks to meet short term cash shortages charged 10%. The Federal Reserve had to step in and provide over $400 billion to banks needing to borrow overnight because they’re worried about another credit crisis similar to 2008.