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Mike's Daily Comment

Millennials Are Economically & Financially Illiterate…

Posted by Michael Campbell

on Tuesday, 1 November 2016 13:38

……and that suits the present political elite just fine. It’s allowed them to slip through the new CHMC mortage rules that will effect affordability dramatically. Then there’s the “enhanced” Canada Pension Plan. Very very few understand the financial obligations our Millennials are set to shoulder. Infrastructure spending…again, its the millennials who’ll pay for that. For the political realm its really just fine there’s no rioting in the streets…..yet.

…also from Michael: Do Government’s Really Want Affordable Housing?

Talk of affordable housing is cheap – but paying all the government related costs for new condos and houses is certainly not. New green levies, property purchase tax, development fees and the new mortgage rules are all forcing people looking to enter the market significantly higher.

Kyle Green’s Big Fat Idea

Posted by Michael Campbell & Kyle Green

on Monday, 31 October 2016 13:59

Michael asks Kyle Green, President of the Green mortgage team for his Big Fat Idea in real estate. What is it? This week its buy commercial real estate!

….related, don’t miss Ozzie: Hot Properties: New Numbers Plus Cost of Going Green

Quote of the Week: Great Insight From Isaac Asimov

Posted by Michael Campbell

on Monday, 31 October 2016 13:48

This quote is particularly relevant in today’s Political environment. Especially in the US with the Presidential race.

….don’t miss Ozzie: Hot Properties: New Numbers Plus Cost of Going Green

Two Halloween Goofy’s Plus One Cash For Access

Posted by Michael Campbell

on Monday, 31 October 2016 13:27

Michael starts with a double header, can you believe the University of Florida is offering 24 hr counseling for people “upset” by halloween costumes plus a bias team for those unhappy with any form of racism. Also, big news on Finance Minister Bill Morneau’s pay for play dinner.

….don’t miss the feature interview: Tyler Bolhorn on the Markets Today

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