Mike's Daily Comment
January marked another dismal month for economic growth. And it was a self inflicted wound led by the uncertainty caused by blockades and higher taxes.
But what it does have is the ability to borrow more. And it’s going to use it – approximately $200 billion more federally and provincially in the next year.
As the pandemic continues new research and new data begs for a far broader discussion and more questions directed at decision makers.
Before COVID-19 hit, businesses were reeling from increases to property tax, CPP, minimum wage and the carbon tax, which robbed them of the capital to survive COVID-19 for even a few weeks.




The Truth Behind The Stock, Currency and Bond Markets’ Move
on Thursday, 2 April 2020 7:10
Forget the politics – there will be plenty of time for the trivial later. We have a major liquidity and credit problem that has been exacerbated by COVID-19 but not caused by it.