Mike's Daily Comment

You Can Ignore Economics But Economics Won't Ignore You

on Friday, 18 August 2017 08:00


Michael can't think of a single special interest group leader, big Government advocate or politician whose stood up in in the last 10 years and said "the World has really changed, so I've changed my view on economics and finance."  

...also from Mike: It's Never Been Easier or Cheaper To Substitute Technology For Jobs



Mike's Daily Comment

It's Never Been Easier or Cheaper To Substitute Technology For Jobs

on Thursday, 17 August 2017 10:56


We are starting to see some research on the impact of a hike in minimum wage on jobs that can be replaced by technology. The conclusions aren't pretty but its not too likely minimum wage advocates are going to change their tune.

....also Michael's Mid-Week Update: "NAFTA Fatally Flawed

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Mike’s Midweek Comment

"NAFTA Fatally Flawed

on Thursday, 17 August 2017 01:10


The Americans come right out of the gate talking tough on NAFTA, not a good sign for what Canadians have come to understand is a critically important agreement for Canada. That said the numbers look better for Canada than for Mexico. Apple announces they are going to spend a Billion on streaming video, meaning the 76 Billion being spent on TV ads is going to get split even further as these transformative technologies continue coming down the pike. 

...also from Michael: The Iron Clad Stupidity of a Soft Drink Tax



Mike's Daily Comment

The Iron Clad Stupidity of a Soft Drink Tax

on Wednesday, 16 August 2017 08:03

A 1 1/2 cent per ounce tax on soft drinks promising to fund pre-kindergarten programs with the proceeds led to some very predictable outcomes. First, sales of soft drinks plunged, the revenue projected from the tax is down, big layoffs in soft drink producers and deliverers occurred, beer consumption rose and less than half the money raised went to pre-kindergarten programs!

....also from Michael: Trudeau Government Makes Hollow Demands





Mike's Daily Comment

Trudeau Government Makes Hollow Demands

on Tuesday, 15 August 2017 07:51


The Foreign Affairs Minister is demanding that the US Government and Donald Trump incorporate into the NAFTA agreement "efforts to address climate change". They are also demanding a chapter on "gender rights" as well as another chapter on "indigenous rights".

...related from Michael: It's Time To Unmask Politicians

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Hot Properties

Hot Properties: Chinese Money Changes Direction

on Monday, 14 August 2017 08:33

Ozzie Jurock on the massive change in investment money coming from China. Also Ozzie on the most interesting real estate story you will ever hear! The latest on the big story - what is happening with shopping malls in North America.

....also from Mike: It's Time To Unmask Politicians



Mike's Daily Comment

It's Time To Unmask Politicians

on Monday, 14 August 2017 08:03

One of the great fabrications of Canadian politics is how deeply we care about the poor. In reality, all the political parties support policies that hurt the poor. One policy alone pushes 133,000 families into poverty and it is time to call them on it.

...also Michael's Weekend Editorial: "If The Right People Say The Right Things, It Matters Little What They Do"



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