One of the main themes on Money Talks since 2010 has been the breakup of the EU and the demise of the European Welfare State Model. That process has already pushed trillions of Euro’s into the US and to a lesser extent Canada. Two more significant signs occurred this week….

….also from Michael: Some Climate Change Advocates Working Against Taking Action

 For Trudeau, Alberta’s oil emissions deserve scrutiny and restriction, but Ottawa isn’t worried about emissions from Ford, Honda and Bombardier who got their pockets stuffed with government cash. 

….also from Michael: Our Person Of The Year

At the currrent rate that Canada gets per barrel for its oil, we will earn 26 Billion less than than World prices for our oil this year because of the rail bottleneck. Pipelines will solve that problem for Alberta & other Canadian Governments who are desperate for revenue. 

Energy sure has worked out well for the US at Canada’s expense. US Oil production is at a 47 year high, with US oil selling for over $56 US vs Canada selling at $30 US. How did we get to the point that price discrepancy costs Canadians so dearly?

….also from Michael: When Did Success Become a Bad Thing?

Until you go through it personally, its probably hard to understand how unproductive, how lengthy, time consuming and expensive a CRA Audit of a small business is. 

…related: Trudeau’s Idea of Growing The Economy From The Heart