The Latest Polling Predicted Even Less of a Liberal Minority

Until Canadians get off the couch and tick a box, it will always be hard to accurately predict these outcomes.  Regardless, the net result was correct.

Popular Vote to the Conservatives, But a Liberal Win: Will Albertans come East?

After two ethics breaches, SNC-Lavalin legal pressure scandals, RCMP knocking at the door, shocking past behaviours from a high profile son of a previous PM, patronizing apologies, forced marijuan legalization upon the provinces, financial recklessness from ballooning deficits, bungled pipeline throwing thousands out of work, lost control of our borders, thumbing his nose at Veterans, open admiration of dictatorships and communists, deteriorating relationships with key countries, non-answer after non-answer, a groping allegation, numerous hypocritic examples, Canadians forgave everything and elected the Liberals and Justin Trudeau?...Again?

If labour is mobile, we will see how many Albertans come east.

Liberals to Crack Down On Foreign Interference During an Election - What Foreign Interference?

http://nationalpost.com/news/politics/election-2019/kelly-mcparland-now-whos-interfering-in-an-election-and-the-liberals-dont-seem-at-all-concerned

Who Says Buying Bank Stocks Is Boring? See: Canadian Imperial Bank of Commerce

With a 6.4% capital appreciation in a month and a near 6% dividend yield (for a total 12% return) what is not to like ? Hello mutual fund managers, that would be a 9% at best.

Thomas Cook "Co#ks" it Up

"Thomas Cook collapse leaves hundreds of thousands stranded, sparking Britain’s largest repatriation effort since World War II"

http://business.financialpost.com/transportation/airlines/hundreds-of-thousands-stranded-as-british-travel-firm-thomas-cook-collapses

Canada's Cannabis Industry: The Industry's Bre-X Moment, Valuations, Biological Assets Accounting and Missed Financial Results

In biting my tongue during the last weeks of Canadian election campaigning (the leaders' gaffes, debates, "accredited" and unaccredited media coverage and exponentially more social media coverage speak for themselves) I have refrained from adding to the internet's traffic and storage space.  My mind has been made up and as of Friday October, 11th I voted with that.

In the meantime, I have been watching the cannabis industry.  As predicted on this blog previously, the bubble has not burst but is deflating.  We have had our Bre-X moment in the cannabis industry of "the gold is there"; however, was fraudulently grown versus fraudulently portrayed.  Valuations have come down from the stratosphere (see: FSD Pharma, HUGE:CSE - yes, you read that ticker symbol correctly).  The financial results have been a shock of reality for investors with the hope of edibles later this year becoming the industry's saviour.

Perhaps the only cure for the industry, like many other ailments, may be itself - CBD and THC.

https://business.financialpost.com/cannabis/cannabis-news/cannabis-legalization/a-year-in-the-weeds-why-the-cannabis-industry-didnt-take-off-the-way-everyone-planned?video_autoplay=true

Have We Reached a Technological Plateau or Limit? Ask a Recent Canadian CPA Candidate

In a world where we blindly expect and demand from every place we visit whether it be work, a coffee shop, a public transit station or a shopping mall, that we have access to Wifi and have the ability to be "on line" at the tip of our fingers or a moment's  notice.

Now an exam that depends on the authenticity and the auditing capabilities to graduate its candidates to do just that in the  business world has failed. How ironic.

http://business.financialpost.com/news/fp-street/major-law-firm-leading-psychometrician-brought-in-to-review-accounting-exam-problems