Mike's Daily Comment

If We’re Serious About Poverty

Until we figure out that poverty is an economic issue with serious social consequences, progress is next to impossible.

President Trump Finally Admits An Economic Biggee

But what about in Canada? After over 30 years of being wrong it might be expecting too much for his protectionist soulmates to admit the obvious.

Ride Sharing Without the Savings

Actually it’s not Uber at all given the BC government is legislating that ride sharing companies can NOT lower fares below the minimum charged by the taxi companies. To borrow from Seinfeld’s Soup Nazi – “no savings for you.”

An Inconvenient Truth on Oil

Pardon the Al Gore like cliche but if big oil manipulates prices like the anti-corporate crowd suggests then why have they let prices dive by over 50% for the last five years.

Another Massively Important Financial Story That’s Being Overlooked

I think most understand that record low interest rates are welcomed by borrowers but what about the devastating impact of negative interest rates on pension funds’ ability to pay benefits to retirees.

Elitism: Political Insiders Edition

Don’t we all wish we could be like SNC Lavalin or Bombardier or the big auto companies and the solutions to all our problems are just a phone call to the Prime Minister away?