A $16 glass or orange juice claimed as an expense is just a symbol of the kind of abuse being perpetrated by a legion of Government hacks. The really big cash being stuffed into pockets lately is called “moving expenses”. Huge numbers. Expense account abuse going on Right Now is staggering and its time to roll out the guillotine.

OECD: Canada’s Growth Engine Still Needs a Rebuild

Why do you think the BC Fed is so determined to raise the minimum wage when  several recent Canadian studies show an increase does not reduce poverty rates?

….also: Hot Properties: 4 Reasons BC Real Estate is Not in a Bubble

Politicians love to talk about, and implement policies to help the poor. Sadly, its smoke and mirrors. Lower interest rates to help the poor and what happens, the rich get richer, the middle class declines and the poor are in worse shape than before. It’s time to cut the crap….

…related: A Key Trend: The Bear Market In Unskilled Labour

Against this dominant trend Alberta’s recent hike of the minimum wage further inspires businesses to automate with the latest in technology to maintain their competitiveness. There many variables, so instead of worrying about low wages we should be concentrating on why people are payed poorly.

Money TalksFeatured guest: Dennis Gartman: Major Markets Are Heading Down