Good news for investors as the Dow Jones Industrial Average closed for the first time over 22,000. That’s up 20% since Donald Trumps election as confidence continues moving towards the private sector. TSE lags, minimum wage going through in Ontario while BC is setting is up its own commission on minimum wage.

….also from Michael: The Problem Isn’t Minimum Wage – It’s No Wages At All

As B.C. jacked up demands Petronas has decided to pull out of a great industrial project with good high paying jobs and tax revenue to fund social programs. The construction phase was supposed to create 4,500 jobs alone. Also what does the recent run up in the Loonie mean for interest rates. Higher? Lower?

….related from Michael: Foreign Money Influence In Canadian Elections

…how worried should Canadians be!

Canadians have been gobbling up US Real Estate and are a now 2nd in dollar value to China and number 1 in units. And the gap between the US and Canada on Trade might not be as bad as previously thought and consumers will benefit.

The markets are beginning to react to the hints coming from Central Banks around the world that interest rates are going to rise. Right now 90% of analysts think that Stephen Poloz, the current Governor of the Bank of Canada will raise rates this fall. Rate increases that will change the investment landscape across the board. Possibly the only factor that will hold back a rise in Canadian rates would be another significant fall in oil prices.