Mike's Daily Comment

Just Say the Spending is About the Pandemic Hides All Sins

Canada’s federal debt this year alone will double but few seem to care how the money’s spent- or wasted – as long as the government says it’s about the pandemic.

Complete Show – Dec 5th

Mike still waiting for someone in Ottawa to take the massive debt build up seriously. Kent Chauvin has written a book about his 48 years as a stockbroker. He’ll share the big lessons he’s learned that can make us and save us money. Plus an all star shocking stat and goofy award.

Dangerous Assumptions About The Debt Build-Up

Same people who didn’t predict the 2008 credit crisis, the collapse of the overnight lending markets in Sept, 2019 and the financial fall-out from the pandemic are pretending that’s the last of the disruptions.

The Bank of Canada Said Consumers Are The Key To Economic Recovery

Increasing taxes shouldn’t even be a consideration but politicians can’t help themselves and it makes recovery that much harder.

Do You Think The $382 Billion Budget Will Balance Itself?

If not, then the choice we’ll be given is between increasing revenues through higher taxes or increased revenues through economic growth.

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