Thursday, January 24, 2019

Ambassador to China: Hiw Has John MacCallum Managed to Earn a Living in Public Life For So Long?

What deal did Ambassador McCallum cut for himself with the Chinese government (or what does the Chinese  government have on him?) in order to do and say these things at a press conference where the national media was not invited?

http://nationalpost.com/opinion/andrew-coyne-mccallum-has-put-canada-in-an-impossible-situation-with-china

Tuesday, January 22, 2019

RRSP and TFSA Time: Boston Pizza

https://ca.finance.yahoo.com/news/dividend-investors-lock-succulent-8-130054386.html

Boston Pizza Revenue Royalties Income Fund (TSX:BPF.UN) yields 8.1% and hasn't missed a payout since 2002. Dividend investors, take notice.

Tuesday, January 15, 2019

Where's the Peanut? Justin Shuffling the Minster Roles Post Brison's "Retirement"; The Worst Offenders Needed Replacing Are Still There

We will find out soon enough through the Davie shipbuilding scandal that will take place in the courts why MP Scott Brison had suddenly retired. 

And what of some glaring incompetence in the Minister ranks - Minister of Natural Resources, Amarjeet Sohi?

"...Finally, it’s worth noting who did not move or change: Minister of Natural Resources Amarjeet Sohi and Environment Minister Catherine McKenna.

The Liberal government has met with the scorn of many Albertans for failing to do more as the oil industry continues to struggle and gasp. Trudeau appointed Sohi in the hopes a minister from Alberta might help send a signal that Albertans were being listened to, but Sohi’s home province has had little effect on the frustration of Alberta voters. At the end of the day, the Liberals have very few seats at the table in Alberta, and moving a minister would pull their only Alberta presence in cabinet — it seems wasn’t worth it..."

https://globalnews.ca/news/4846876/trudeau-mini-cabinet-shuffle-2019-election/

Travelling Abroad to Some Sketchy Regimes of the World? You may want to Think Twice While Liberals are in Power

While Huawei executive Meng who is currently out on bail (under house arrest) as her extradition case is being considered in Canada, China responds with two Canadians detained and a third sentenced to death ( for drug trafficking) after a coincidental reversal of his original fine. Is this tit-for-tat ?

Held for ransom in say Mexico? Charged with nefarious crimes in say Saudi Arabia? Missing in say Cuba? You may want to think again if you want this Liberal Government to use "political diplomacy" to look after you.

A reminder that this Liberal government will fight harder for the likes of even a British Canadian ISIS fighter that has committed numerous atrocities to come back to Canada.

http://nationalpost.com/opinion/andrew-coyne-life-of-a-canadian-now-depends-on-creative-diplomacy-finding-china-a-way-out

Travelling Abroad to Some Sketchy Regimes of the World? You may want to Think Twice While Liberals are in Power

While Huawei executive Meng who is currently out on bail (under house arrest) as her extradition case is being considered in Canada, China responds with two Canadians detained and a third sentenced to death ( for drug trafficking) after a coincidental reversal of his original fine. Is this tit-for-tat ?

Held for ransom in say Mexico? Charged with nefarious crimes in say Saudi Arabia? Missing in say Cuba? You may want to think again if you want this Liberal Government to use "political diplomacy" to look after you.

http://nationalpost.com/opinion/andrew-coyne-life-of-a-canadian-now-depends-on-creative-diplomacy-finding-china-a-way-out

Wednesday, January 9, 2019

Gold: China Adds to Gold Reserves, Remains a Distant Second Behind the USA's ~8,000 t

http://www.mining.com/web/china-adds-gold-reserves-first-time-since-october-2016/?utm_source=digest-en-mining-190107&utm_medium=email&utm_campaign=digest

Still another month away from its own New Year, the gold party has already started and in light of recent trade and tariff tensions with the USA.  For context, China's 59.6 million oz (1,861 t) compares to the USA's ~256 million oz  (~8,000 t) and the SPDR Gold Trust's, world's largest gold ETF, at 25.6 million oz (796 t).

Significant, why? "The Asian nation has previously spent long periods without revealing increases in gold holdings. When the central bank announced a 57 percent jump in reserves to 53.3 million ounces in July 2015, it was the first update in six years."

Tuesday, January 8, 2019

CPP Ads During NFL Playoffs? Your National Pension Plan (That Is, Legally Forced Contributions), Is Acting Like a Mutual Fund?!?!?

https://nationalpost.com/opinion/andrew-coyne-cpp-ads-on-nfl-playoffs-your-pension-dollars-at-work-for-the-liberals

"...True, the timing of the ad is suggestive, appearing as it is in the very week when workers are likely to notice the CPP taking a bigger bite out of their paycheques than ever before. Employer and employee contributions are rising from 4.95 per cent of pensionable earnings to 5.1 per cent, the first of several annual increases between now and 2023.

But the CPP isn’t a mutual fund: it doesn’t have to persuade Canadians to park their money with it. They have to, by law. No matter how irritated they may be at seeing more and more of their wages going to the CPP, there is no way they can withdraw from the plan, and no prospect of the increases being reversed. So why is the CPPIB paying — or rather, why are we paying — for expensive ads designed to make us feel good about all this “saving” and “investment”?.."


Friday, January 4, 2019

Minister of Imagination: MP Navdeep Bains

Can anyone tell me what MP Bains does everyday or what a Minister of Innovation is supposed to be doing? Bains is less visible than Polkaroo ("Imagine, imagine, you can imagine..."). 

This "innovation" file has resulted in nothing for Canada except hundreds of millions of tax dollars being spent on the Liberal pipe dream of Canada moving away from resources and becoming a global tech giant? In a world where Silicon Valley and Asia have light years of a head start with etsablished tech cultures and industries, tax focused regimes, risk taking private capital groups, entrepreneurs, etc?