The Prime Minister and Canada’s Expenditures

I’m writing this because I can’t stop thinking of what I witnessed on Canada’s business news channel as Mr. Morneau read his third Trudeau, Liberal Government budget while Prime Minister of Canada, Mr. Trudeau; looking like a boy whose parents had insisted that he attend a function he didn’t understand, sat looking distracted in a … More The Prime Minister and Canada’s Expenditures

Times’ve Changed

I recall when Mr Bernanke led the Federal Reserve the official CPI surprised him because it got above 2.1 %. According to Klugman Bernanke’s target was between 2.2 and 2.5 %. Today about 6 years since Klugman,  journalists write of runaway inflation with the CPI at a towering 2.1% higher than last year. Maybe that’s … More Times’ve Changed

1 CAD = 0.802969 USD(6:00 am, October 19,2017)

BNN has stopped providing interest rate numbers, and in the past 3 days the Loonie value in US dollars. To a non- finance person, interest rate and Canada/US dollar amounts are the most important barometers of our Western economies. Gold and oil prices are still given: The fluctuating value of gold usually indicates interest rate … More 1 CAD = 0.802969 USD(6:00 am, October 19,2017)

Housing Capital

Temples fashioned by artful engineers housed gods in architectural splendor And treasure, to keep thieves in awe. Banks, temples to Pluto,  give way to institutions made out of treasure.

Stocks Real Estate and Bonds

Having read Brendan Brown’s book about asset price inflation, I can’t stop thinking about rising stock prices; and in Toronto, Ontario, Canada house price increases that would be impossible for me or any of my acquaintances to afford the over $3000. per month mortgage fee needed  in my neighbourhood to maintain the average-priced $750000. town, … More Stocks Real Estate and Bonds

Fearing President Trump

Opinion Let us hope for a Donald Trump disaster If Trump’s success transfers from politics to governing, his dark and guttural ways will become entrenched By Scott Reid, for CBC News Posted: Jan 23, 2017 5:00 AM ETLast Updated: Jan 23, 2017 8:34 AM ET  Scott Reid Scott Reid is a principal at the communications consultancy … More Fearing President Trump