Mike's Daily Comment

Carney’s Response Indicative of Problems with Climate Debate

The modus operandi is – demonize those who question the dogma despite the fact that a UN study finds that all climate actions in the last decade made no difference compared to taking no action at all.

Lots of Talk About Taxing Your Home

We should say taxing any gain on the sale of your primary residence because we’re already paying property taxes, GST on building materials, property purchase taxes in some provinces and a raft of government levies.

Everyone in Finance is Talking About One Thing

Inflation – the prospect of rising inflation pushes interest rates higher – bad news for stocks, variable rate mortgages, bond holders and pensions. No wonder everyone’s paying attention.

Goofy Award – June 19th

Victoria city council has cancelled Canada Day celebrations because of the horrific unmarked burial site of students at the Kamloops Residential School – but is that the most effective way forward for reconciliation?

Shocking Stat – June 19th

The move up in commodity prices was shocking but so is the move down – i.e. lumber’s down 41% in a matter of weeks.

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