Mike's Daily Comment
With the political uncertainties, sovereign debt crisis and banking problems the next seven months are going to be terrible for Europe but how will it all affect our finances.
They don’t understand a basic premise of increasing condo and townhouse supply. These projects can’t get construction loans without presales. Some in the media, government and public think that a crash in presales is good news on the affordable housing front. Clueless.
Mike asks is it government’s job to put people out of business because that’s what’s happening. Eric Coffin talks about what’s next for gold while Ozzie discusses the fall-out from the crash of pre-sale condo units. Hint: it’s bad news for affordable housing.
It used to be most Canadians were concerned when people lost their jobs through no fault of their own. Workers in the oil sector who have lost their jobs don’t rate a mention by anti-oil politicians and activists. The real estate sector tanks taking thousands of jobs with it and few seem to care.
Pipeline Opponents Can No Longer Ignore First Nations Who Support Trans Mountain
Posted by Michael Campbell
on Wednesday, 10 July 2019 6:28
The fact that the vast majority of First Nations impacted directly by the Trans Mountain expansion was incredibly inconvenient for opponents like the NDP, Green Party and a variety of other self described progressive groups – so they pretended they didn’t exist. But they do – and now they want to buy a majority stake in the project.