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Mike’s Midweek Comment

Money On The Run

Posted by Michael Campbell

on Thursday, 28 July 2016 2:58

This weeks Mid-Week update sees money scrambling to find safety from the spreading European Banking crises, the currency markets including a substantially weaker CDN Dollar that is being driven lower due to over-supplies of Oil driving driving prices down, plus new laws intended to squelch real estate prices in the face of some remarkable immigration figures.

Catch Michael’s Daily Comment: The Government Magic Wand Sweeps Again

If history is any guide, Governments have just messed things up royally by passing a brace of laws to lower housing prices. With Governments record for success, and by acting near the end of a huge bull market run, a lot of innocent bystanders are going to have their equity shredded.

When Prime Minister Trudeau signed the Paris agreement on greenhouse emissions he was committing our children to lose $600 to $1800 a year for emissions they didn’t create. Whether its the new carbon tax,the enhanced CPP or the mountains of debt its our children who are on the hook for the bills

related: Michael on The Root Cause Of Our Debt Problems

Vancouver City is going to use 6 million tax dollars to advance their dislike of business by crushing all of the small bicycle rental companies in the City. Brace yourself for the huge executive compensation packages….

Michael on The Biggest Change in Canada’s Culture…. It’s Not Good News

The cry goes up in France from Leo and 500 celebrity pals – “to hell with global warming – we want to party”. The only question in the aftermath of Leonardo DiCaprio’s celebrity bash in St Tropez is – does this week’s celebrity bash have a greater carbon footprint than you’ll have in your entire life?

This weeks Shocking Stat: Horrible News Out of Afghanistan Is Part Of A Much Bigger Story

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