Michael Campbell's Money Talks

Mike's Editorial: New taxes on homes, carbon taxes, higher CPP premiums, car insurance, ultility rates and property taxes to name just a few but not a word about the waste and inefficient spending. With lots of examples like the $910 million blown on the Phoenix pay system and $212,000 on the 2017 Budget cover.

....also Michael Levy's Top Stories of the Week & Michael's Big Fat Idea with Tyler Bollhorn of StockScores.com on what are the Principles so that you can be successfull. 

01.00 - 02.14 - When it comes to poverty Laval University Economist, Stephen Gordon is tired of the all talk, no action crowd.

03:55 - 18:27: Featured Guest Lance Roberts - As the Stock Market Bull grinds higher & higher more and more investors are gravitating to "passive" indexes and sector specific ETFs. It's a strategy that works when liquidity is high and values continue to grow. But what happens in a bear market? Or when liquidity becomes an issue? Lance Roberts posits the uncomfortable scenario - "what happens if those passive investors become active panic sellers?". Lance winds up warning investors about the "best way to ruin yourretirement" 

....also Michael's Shocking Stat, Ozzie's 3 Best Countries For a Modest Retirement, Victor's Live From The Trading Desk & Michael's Goofy

Two shocking stats: 1.  47% of Canadians have to renew their mortgage in the next 12 months...at higher rates. 2. Government policies add $186,000 to the cost of a new home in Toronto.

Talk about mixed messages. This is a Goofy Award winner in the truest sense of the word. What the heck is the Federal government up to with the Summer Job Grants program?

~ Starts at 35:03 mark

Mike asks what we get in return for cancelling pipeline projects. Plus the biggest financial story of the year. Ozzie comes by to discuss Friday's mortgage rate increase and the latest moves by the government to kill the real estate market.