Mike's Daily Comment

Taxes, Taxes, And Even More Taxes

 

BC’s Government is going to raise taxes on corporations plus and increase in taxes on the “rich”, or those earning $150K +. Thats on top of the Federal Liberals raising the costliest taxes of all on entreprenuers and small business. 

….also from Michael: Don’t Change a Thing!

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Two Over-done Markets

Victor Adair points out that everybody and their dog is negative the US Dollar and the Canadian Dollar jumped a big 5% in a week. In both cases Victor expects those trends to reverse.

 

….also from Michael: Don’t Change Anything!

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Don’t Change Anything!

 

Often in  elections people vote for change, though in BC’s case its likely that most voters are happy that BC leads the country in economic performance. Basically if the new NDP Government makes no changes at all, BC is a growth powehouse. Growth is projected to be between 3 – 3.5% this year and job growth 5.4% this year and next.

…..also Michael’s Editorial: It’s a Tax Battle Royal

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The Surprise Jump in Bank of Canada Rates

Michael asks Ozzie what he thinks the impact of the unexpected interest rate hike will be on mortgage rates and the market in general

…also from Michael: Why are politicians – left and right – increasingly despised by reasonable people?

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Who’s The Best Bargain in the NFL?

You won’t believe how little one of the NFL’s best quarterback is paid. Hint: Detroit Lion’s Mathew Stafford only has to play 10 minutes in his opening game Sunday to equal this quarterbacks pay for the entire season. 

…also from Michael: It’s a Tax Battle Royal

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