Mike’s Midweek Comment

Congressional Testimony & British Election Drama

 

 With the testimony of FBI Director James Comey tomorrow, Donald Trump’s tax and infrastructure program is on the hotseat putting the Trump rally at risk.  As this drama unfolds the markets are also on high alert for the results of the British Election which has ramifications throughout Europe.

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The Impact of a Minimum Wage Hike

 

The big debate has to include the consequences of a mandatory raising of the minimum wage 31.5% over 21 months as Ontario intends to do.  Some businessses will cope, others won’t. Heck, even Premier Wynn’s own expert panel recommended against it. What’s really galling….

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Affordable & Social Housing Are NOT The Same Thing

For starters, there’s plenty of affordable housing in beautiful BC cities. The affordable housing crisis is centered in Vancouver and surrounding suburbs and politicians want to take rural tax dollars to spend on Vancouver housing! 

 

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The Truth Is Going To Sting

If the Green/NDP alliance is successful stopping the Trans Mountain Pipeline, the Alberta NDP will “kiss its re-election chances goodbye”, and with it their extensive climate change adgenda. 

 

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0:00 – 5:01: Michael Campbell’s Editorial:  Protecting listeners from the fallout from the most dramatic historical change in generations that Michael sees coming. As JP Morgan said ” You can ignore economics and finance, the scary part is they won’t ignore you” 

5:35 – 12:22 – Michael Levy on the Top 3 Stories Smart People Are Talking About. One shocker, how low the Royal Bank sees the CDN Dollar dropping dramtically against the US Dollar by the end of the year!

13:14 – 17:45 – In this Week’s Big Fat Idea has a special interview with Eamon Percy and his book: The book is The 1% Solution – How Small Daily Improvement Produce Massive Long Term Results.