Mike's Daily Comment

Even When We Spent More Money We Call It a Cut

Despite unequivocal evidence from successive auditor generals that billions of tax dollars are wasted there are no shortage of people who call any savings in how we administer and deliver government programs a catastrophic cut.

Bombardier, Auto Manufacturers Emissions Good – Oil Sands Bad

Go figure. Or maybe you can’t. The feds say that they want to phase out the oil sands but don’t seem to have any trouble subsidizing Bombardier’s jet and the big automakers cars.

Complete Show – Sept. 7th

Guest host Michael Levy talks pipelines and the future of renewables, Rob Levy explains how global interest rates are affecting precious metals, Josef Schachter comments on seasonality in the oil sector and we find out why Ross Clark is bullish on Delta Airlines.

Alberta’s Financial State Bring Predictable Response

How does a $40 billion deficit in 2040 – just 20 years away sound?  Not bad to the defenders of the status quo who believe nothing justifies considering changes to how government delivers and manages services.

https://www.policyschool.ca/wp-content/uploads/2019/09/Tax-Mix-Alberta-McKenzie-final-version.pdf

The Massive Drop in Capital Investment in the Oil Industry

Costs thousands of jobs and billions in government revenue. No Western country works harder to discourage its principal resource than Canada. It’s not even close.

test-php-789