Mike's Daily Comment

Political Moves Seemingly Designed To Drive You Crazy

 

Today Michael reams off a list of political moves that are so inconsistent and frustrating it will be hard for the average voter to hear. Nevertheless here they are as its better to know where we have gone wrong than to ignore.

…also from Michael: Revenue Canada To Get Tougher & Stronger

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Government Spurs High Vancouver Housing Prices

 

Heaps of Governments development fees, green levies then you’ve got taxes, taxes, taxes, regulations and more regulations. The numbers are choking buyers. Mike spells out the reasons prices are so high.

….also from Mike: The Power Behind Stopping Canadian Oil Flowing

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The Power Behind Stopping Canadian Oil Flowing

 

When the Energy East was canceled by Trans Canada Pipelines, the country that benefited most was the US, the biggest oil exporter to the east coast. The biggest victory was gained by the big US Environmental groups, who spend millions and brag about upending Canadian Governments.

….related from Michael: Canada’s Losing as a Place to Do Business

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Sector Rotation Into Energy Stocks

In 2017 the technology sector has been on fire, while the energy sector has dropped 11% setting up the opportunity in week’s Big Fat Idea

….also from Michael: Beef Up Your Portfolio With Small Cap Superior Performance

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Canada’s Losing as a Place to Do Business

 

Was it oil prices or regulatory burdens that made Trans Canada abandon Energy East? Well, changing the approval process after the Company had spent 100’s of millions of dollars certainly changed the risk to reward calculaton, plus introduced more uncertainty to the project. 

 

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