Mike's Daily Comment
When it comes to business groups and economists, quiet talk amongst themselves making the link between investment to future prosperity isn’t near enough in the face of mainstream political parties pushing anti-investment policies that will crush our competitiveness along with economic growth.
We’ve hit a 61 year low in capital investment and yet we still have some people lobbying to increase taxes and make Canada even less attractive for economic growth and job creation.
Quote of the Week
Famed economist, Thomas Sowell on why facts and research are no match for the self righteous set.
Shocking Stat of the Week
Vancouver Mayor, Kennedy Stewart told Alberta Premier, Jason Kenny to “get over himself” with all the complaining about Alberta’s oversized contribution to the federal treasury. ( Easy for him to say.)
Goofy
Canada sides with North Korea, Zimbabwe and the PLO against Israel. Meanwhile anti-semitism boils over at York University.
One of the key indicators of job creation and economic growth has just hit a 61 year low – and few seem to care. Meanwhile, after a 30% cut in wages due to the falling loonie, record low interest rates and big deficit spending – the economy can manage 1.7% growth. Why?
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A sane voice in a scrambled investment world.
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Governments’ Appetite For Money Hurts Affordability
Posted by Michael Campbell
on Wednesday, 27 November 2019 9:44
At some point the shoe will drop for those concerned about affordable housing that government is the problem, not the solution. A 9.3% increase in property tax and utilities for home owners just might do that.