….at least on trade they do. The Canadian supporters of anti-free trade policies are the NDP and organized labour. Meanwhile Hillary Clinton has changed from being for to being against free trade.

…also: New mortgage rule changes and what they mean for you

The Federal Governments attempt to cool real estate markets when the IMF became the latest to downgrade Canada’s growth prospects is typical. Governments just love buying at the top or selling at the bottom!

…don’t miss: Greg Weldon: Trump, The Fed and Gold

The new mortgage rules put in place by the Federal Government have the potential to cripple the real estate industry Canada wide. The timing couldn’t be worse as BC’s new tax has triggered a serious slowdown in Vancouver real estate.

…related: Oh, Oh, The Latest Vancouver Real Estate Numbers

In business and investing mistakes cost money. Not so in the political realm where so often mistakes are buried, denied, laughed at, or repeated. There is no incentive to avoid mistakes in politics, since there is so rarely a cost.

Michael’s weekend editorial: They’re Making a Big Mistake on Climate Policy