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Mike’s Midweek Comment

Another Dow Record - A NAFTA Cold Shoulder - New Mortgage Rules Bite


on Thursday, 19 October 2017 11:43

 

Michael explains the implications of the extension of the Nafta renegotiations, The Dow Jones Industrials hitting 117 year highs and Canadian Politicians have chosen a club to beat down skyrocketing real estate prices. Gain Michael Campbell's insight in this quick 8 minute mid-week update interview.  

2017 10 13 03d84cfd-fa91-4f82-885f-f64778491f75 JPG 844x475



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Mike's Daily Comment

This is a Really Bad Idea


on Thursday, 19 October 2017 09:13

 

Purposely reducing the value  of the vast majority of people's most valuable asset while trying to slow the most dynamic industry in 7 out of 10 provinces all in the name of creating affordability will not have a happy ending. Yet all three levels of government are doing precisely that. News flash: historically rising asset prices have never been the problem - falling ones are. 

....also from Michael: If You Don't Agree With The Canada Revenue Agency - Tough Luck!

real-estate-meme-hot-market

 



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Mike's Daily Comment

Climate Change, Uber & The Status Quo


on Wednesday, 18 October 2017 08:40

 

Politicians who claim their concern for carbon emissions causing climate change must be confused when they line up to ban Uber. Of course its understandable when you realize they are merely protecting the status quo.

UberProtest 



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Mike’s Big Fat Idea

Mortgage Qualification To Get a Lot Tougher


on Wednesday, 18 October 2017 08:06

Kyle Green of the Green Mortgage team with answers to the effect Mortgage rule changes & the stress test will have on mortgage seekers, including those who are renewing existing mortgages. Kyle also points out a loophole in the Governments strategy. 

....also from Mike: Climate Change, Uber & The Status Quo

mortgage-loan-sign



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Mike's Daily Comment

If You Don't Agree With The Canada Revenue Agency - Tough Luck!


on Tuesday, 17 October 2017 08:14

 

It's a joke to say, as the Prime Minister has, that someone earning $150,000, or even $200,000 running a small business with the inherent risks, is rich. Indeed, anyone making over $150,000 is already paying at least 50% of their income to the 3 levels of Government. Now the CRA is going to decide how much family members can make in your business. 

....also from Michael: The Battle In Seattle

shakedown



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Mike's Daily Comment

The Battle In Seattle


on Monday, 16 October 2017 08:10

 

There was a time when the BC Teachers Federation joined in the Battle of Seattle protest claiming all kinds of cataclysmic events would flow to Canada from a Free Trade Agreement with the US. Well, here we are 30 years later and.....

....also from Michael: Trudeau Punctuates 25 Years Of Zero Progress

1280px-WTO protests in Seattle November 30 1999



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Shocking Stat

The Prime Minister's Endless Campaign


on Sunday, 15 October 2017 09:31

Prime Minister Trudeau has broken new ground in politics, continuing his election campaign for 2 years beyond his election. Take a look at Trudeau's shocking number of spending announcements.

....also from Michael: And The Oscar For Moral Hypocrisy Goes To.....

Screen Shot 2017-10-15 at 8.41.41 AM



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