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Mike's Daily Comment

BC Using Carbon Tax To Raise Revenue


on Wednesday, 13 September 2017 08:32

BC Joins Alberta in using the carbon tax to raise general revenues, just like any other tax. And in the process dramatically changes the cost/benefit analysis. 

....related: Taxes, Taxes, And Even More Taxes

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Mike's Daily Comment

Taxes, Taxes, And Even More Taxes


on Tuesday, 12 September 2017 07:41

 

BC's Government is going to raise taxes on corporations plus and increase in taxes on the "rich", or those earning $150K +. Thats on top of the Federal Liberals raising the costliest taxes of all on entreprenuers and small business. 

....also from Michael: Don't Change a Thing!

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Live from the Trading Desk

Two Over-done Markets


on Monday, 11 September 2017 08:24

Victor Adair points out that everybody and their dog is negative the US Dollar and the Canadian Dollar jumped a big 5% in a week. In both cases Victor expects those trends to reverse.

 

....also from Michael: Don't Change Anything!

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Mike's Daily Comment

Don't Change Anything!


on Monday, 11 September 2017 07:54

 

Often in  elections people vote for change, though in BC's case its likely that most voters are happy that BC leads the country in economic performance. Basically if the new NDP Government makes no changes at all, BC is a growth powehouse. Growth is projected to be between 3 - 3.5% this year and job growth 5.4% this year and next.

.....also Michael's Editorial: It's a Tax Battle Royal

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Hot Properties

The Surprise Jump in Bank of Canada Rates


on Sunday, 10 September 2017 11:56

Michael asks Ozzie what he thinks the impact of the unexpected interest rate hike will be on mortgage rates and the market in general

...also from Michael: Why are politicians – left and right – increasingly despised by reasonable people?

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Shocking Stat

Who's The Best Bargain in the NFL?


on Sunday, 10 September 2017 11:35

You won't believe how little one of the NFL's best quarterback is paid. Hint: Detroit Lion's Mathew Stafford only has to play 10 minutes in his opening game Sunday to equal this quarterbacks pay for the entire season. 

...also from Michael: It's a Tax Battle Royal

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Mike’s Big Fat Idea

A Sophisticated Option Strategy for Gold Buyers Here


on Sunday, 10 September 2017 11:26

Patrick Ceresna's Option Collar is for those who either missed the run in gold from $1200 - $1350, or don't feel they bought enough.

....also Featured Guest Jack Crooks: What Next For the Loonie and Interest Rates

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