Mike's Daily Comment

They Are Just So Wrong About Housing

vancouver

So which is the bigger problem – rising or falling housing prices? There is no doubt that with $600 billion added in new mortgage debt since 2010, falling prices with rising mortgage rates are potentially a much bigger problem.  So why are governments actively pushing for lower prices? 

Spending Up, Debt Up, Taxes Up

canada debt

Federal spending has cracked the $3billion mark this fiscal year with tax revenues up 6%. Despite the growth in revenues, the debt is racking up. Can Canada continue on this path?

Federal Carbon Tax Has BC Paying Out

carbon

Lets wait for all the details on the Federal Government’s carbon tax, but from the early indications it looks like BC could end up paying the most.

Is The Postal Service Still Necessary?

post

The Canadian Union of Postal Workers have started rotating strikes after not reaching a deal with their employer.  But do you care?  At the end of the day, postal workers get paid by you, the taxpayer.  With a company that loses money, should taxpayers be on the hook to pay for a dying business?

US Environmental Groups Have Eyes on Kennedy Stewart

kennedy

US environmental groups are going to be thrilled with the election of Kennedy Stewart.  Stewart fought against the Kinder Morgan pipeline and US groups who funnel money into Canada will no doubt be celebrating.  But the bigger prize for US environmentalists is coming up with the referendum on Proportional Represention.

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