With credit to Ottawa-based iPolitics.ca
Friday, December 22, 2017
Unfortunately When It Comes to (Political) Ethics, There are NO CONSEQUENCES
Sadly and curiously, the graphic below did not happen...nor will it ever happen.
With credit to Ottawa-based iPolitics.ca
With credit to Ottawa-based iPolitics.ca
A View of Canada Now as an Investment Jurisdiction: Marijuana and Bitcoin "Investing" Haven...or Lottery Tickets
https://www.bloomberg.com/news/articles/2017-12-22/bitcoin-marijuana-stock-crazes-take-root-in-canada-s-wild-west
Now that Canada is officially home to two of the largest publicly traded bubbles, it's a question of when the bubble bursts(real estate is the third, but more so on a residential basis, yet the REITs sector is not trading at "dot com-like" euphoric multiples and actually have cash flow).
Thanks to the very sub-par listing rules compounded by a relatively new exchange (the Canadian Stock Exchange, the "CSE"...or the C as in "Can't go anywhere else"), speculative and sinister business ideas are receiving funding and having their 15 minutes of fame. More eloquently,
"...Two features make Canada optimal for overnight sensations and crashes: easy listing requirements and hundreds of "zombie" shells that are already on the exchange providing market access via reverse takeovers and other backdoor shortcuts to listings..."
Also, the following reminded me of the scene from Spinal Tap when the band manager, Ian Faith, was asked by the mockumentary film maker Marty Di Bergi (Rob Reiner) why the band was playing smaller venues, was it because their popularity was waning? To which he replied, "Our audiences are becoming more....selective".
“...It’s not that our listing standards are lower, but they’re tailored to those companies that are still in that venture stage and growing," said Brady Fletcher, who heads the Toronto Venture Exchange..."
Now that Canada is officially home to two of the largest publicly traded bubbles, it's a question of when the bubble bursts(real estate is the third, but more so on a residential basis, yet the REITs sector is not trading at "dot com-like" euphoric multiples and actually have cash flow).
Thanks to the very sub-par listing rules compounded by a relatively new exchange (the Canadian Stock Exchange, the "CSE"...or the C as in "Can't go anywhere else"), speculative and sinister business ideas are receiving funding and having their 15 minutes of fame. More eloquently,
"...Two features make Canada optimal for overnight sensations and crashes: easy listing requirements and hundreds of "zombie" shells that are already on the exchange providing market access via reverse takeovers and other backdoor shortcuts to listings..."
Also, the following reminded me of the scene from Spinal Tap when the band manager, Ian Faith, was asked by the mockumentary film maker Marty Di Bergi (Rob Reiner) why the band was playing smaller venues, was it because their popularity was waning? To which he replied, "Our audiences are becoming more....selective".
“...It’s not that our listing standards are lower, but they’re tailored to those companies that are still in that venture stage and growing," said Brady Fletcher, who heads the Toronto Venture Exchange..."
Thursday, December 21, 2017
A Dose of Reality for the Liberals AND the Toronto Star on How Taxes Work
In a great article that managed to give a lesson to both the Liberals and that pseudo-news publication called the Toronto star, here is a reminder of how taxes, economies and reality work.
Yes Virginia, there really are countries out there that cut taxes...just not here.
Yes Virginia, there really are countries out there that cut taxes...just not here.
Wednesday, December 20, 2017
Politics, Elected Leaders, Views of Economic Engines: USA vs Canada
In the USA today - tax cuts, doubling child care tax credits and a speech about "our great farmers" and "our great small business owners" by their elected leader, the President.
Meanwhile in Canada, tax increases, child care reductions, and a vindictive view of farmers, doctors, store keepers because for liability purposes they are structured around a corporation. Oh, and that comes from our Finance Minister because our elected leader, the Prime Minister is too busy apologizing.
Meanwhile in Canada, tax increases, child care reductions, and a vindictive view of farmers, doctors, store keepers because for liability purposes they are structured around a corporation. Oh, and that comes from our Finance Minister because our elected leader, the Prime Minister is too busy apologizing.
Another Day, Another Trudeau Apology...
https://globalnews.ca/video/3927294/trudeau-explains-why-he-didnt-consider-aga-khan-trip-a-conflict-of-interest
When will he apologize for apologizing too much?
When will he apologize for apologizing too much?
Tuesday, December 12, 2017
Monday Funny: Wynne Suing for "Harm" to her Reputation - Just Think About That for a Second...
http://nationalpost.com/news/politics/newsalert-ontario-premier-sues-opposition-leader-for-defamation-2
“The deliberate, malicious conduct of the defendant in publishing the defamatory statements is part of an ongoing campaign engineered by the defendant and others to harm the plaintiff’s reputation,”
"Harm"?!?! This is the Premier of Ontario with the lowest approval rating - ever! Of any Premier! And she is suing due to reasons of the "plaintiff's reputation"?
Wow, I never laughed so hard commuting to work on a Monday morning.
“The deliberate, malicious conduct of the defendant in publishing the defamatory statements is part of an ongoing campaign engineered by the defendant and others to harm the plaintiff’s reputation,”
"Harm"?!?! This is the Premier of Ontario with the lowest approval rating - ever! Of any Premier! And she is suing due to reasons of the "plaintiff's reputation"?
Wow, I never laughed so hard commuting to work on a Monday morning.
And It Has Started - Ontario's Minimum Wage Rules Now Negatively Impacting Businesses
Feel good ideas garner votes, but then reality takes over.
"The owner says, 'It’s the minimum wage, absolutely. That will be an $80,000 hit for me, just in hours'"
When will Kathleen and her merry band of taxing, energy bungling and economy killing band of provincial Liberals wake up to the destruction that over a decade of Liberal rule has caused?
http://nationalpost.com/news/local-news/black-tomato-to-close-after-23-years-owner-blames-minimum-wage-hike/wcm/e005b27f-ab1a-4100-a5a8-7adf1675c52f
"The owner says, 'It’s the minimum wage, absolutely. That will be an $80,000 hit for me, just in hours'"
When will Kathleen and her merry band of taxing, energy bungling and economy killing band of provincial Liberals wake up to the destruction that over a decade of Liberal rule has caused?
http://nationalpost.com/news/local-news/black-tomato-to-close-after-23-years-owner-blames-minimum-wage-hike/wcm/e005b27f-ab1a-4100-a5a8-7adf1675c52f
Tuesday, December 5, 2017
More Liberal Governing "Out of Spite" Rather Than the Best Security for Canadians
The best way to replace Canada's old air force fleet...buy more used ones?
Trudeau, let go of your petty fight with Boeing and disregard your Liberal cronies and Liberal pseudo-family members at Bombardier. Be a man, and do what is right is for Canada!
Monday, December 4, 2017
Our Climate Change Fighting (Taxing) PM and his McKenna Sidekick Highlighting how Global Warming Is Helping Canada's Wine Industry
http://nationalpost.com/news/canada/trade-human-rights-on-the-agenda-for-prime-minister-justin-trudeaus-china-visit
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