Mike's Daily Comment

…than the current discussion suggests. Finance Minister Bill Morneau promises ‘deep dive’ into housing markets that are squeezing out families, yet to pretend that Federal interference in the markets will come without consequence is nonsense.

Vancouver Mayor Gregor Robertson flys around the world telling important people like the Pope that he’s against pipelines. Fine for him, but what about you, the economy, jobs…

…with infrastructure spending on things like bocci ball courts its: Time To Demand The Facts

The Feds Poised To Smash Vancouvers Real Estate Boom

Posted by Michael Campbell

on Thursday, 9 June 2016 2:19

The BIG question: Will the Federal Finance Minister yield to pressure and do something to stifle Vancouver’s real estate market? Damage Canada’s most dynamic economic sector by an extremely large margin. In 2015 Canada created 144,000 jobs of which 110,000 were in BC, mostly in construction related to real estate…much more to in Michael’s Mid-Week Update

vanchousMore from Michael: Time To Demand The Facts

Borrowing to expand the economy is going to occur according to Canada’s Prime Minister. Taxpayers though, just can’t absorb the waste in Government infrastructure programs that has been the hallmark in the past. From organized crime controlling road buildng in Quebec to the multi-billion dollars wasted in Ontario on green energy….

related: Michael on The Entitlement Craze

Apart from two unusually attractive properties Ozzie has searched out he tells us about new mortgage rules Canada’s Big Banks are contemplating that will affect all property buyers

Be sure to check out Mike’s Big Fat Idea, a 5% preferred share dividend with several unique features

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