Mike's Daily Comment
The markets are beginning to react to the hints coming from Central Banks around the world that interest rates are going to rise. Right now 90% of analysts think that Stephen Poloz, the current Governor of the Bank of Canada will raise rates this fall. Rate increases that will change the investment landscape across the board. Possibly the only factor that will hold back a rise in Canadian rates would be another significant fall in oil prices.
In their own words, Greenpeace acknowledges their attempts to put an award winning Canadian timber company out of business were “…without question non-verifiable..”. But will that stop their efforts to put folks out of work?
The 1/2 a billion dollar celebration ends up being Mike’s Goofy Award Winner as some genius chose an Irish Rock-band as the headline music act!
….also Michael’s Shocking Stat: The World’s Ball & Chain
Whether in France where the two main politial parties were obliterated, the US where Trump is under constant assault, or Britain where voters threw the establishment overboard with Brexit….Canada’s Politicians just cruise along beside scathing examples of corruption and cronyism
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When Symbolism Consistently Trumps Reality….
Posted by Michael Campbell
on Thursday, 6 July 2017 14:47
…..Money gets squandered. No Government expenditures should ever be above scrutiny but when it comes to Climate Change that is exactly what has been happening. Federal Bureaucrats even admit that the 4 billion spent between 1998 and 2003 to meet the Kyoto Accord committment was wasted. Stories of billions being lost are everywhere you look when it comes to climate change. Look no further than Ontario’s green energy program for one of the worst examples of waste.
…also Michael’s Mid-Week Update: Buckle Up: Here Comes Higher Rates