Canada's Former Finance Minister: A Voice of Reason

From a BNN interview today...

How competition is being killed in Canada through proposed carbon taxes, lack of pipelines as it relates to the very significant oil and gas industry and the depreciation practices in the USA that are attracting more foreign investment and capital expenditures.

Link to interview to be posted later...

Canada's Oil Indusry: US$100 Million Lost Daily According to Estimates or About US$30 Billion per year, or in Three Years an Apple/Amazon In Lost Revenues for the Canadian Economy

http://nationalpost.com/commodities/oilpatch-scrambles-to-ship-distressed-barrels-as-industry-loses-100m-in-revenues-daily/wcm/54796462-91b2-41e5-ad93-e7d28ec4d4d1

The Travel Industry's Shot in the Arm - Supersonic Air Travel...Again

Memories of the Concorde? This will be a smaller, private jet format.

www.bloomberg.com/news/articles/2018-10-15/ge-says-new-private-jet-engine-answers-need-for-supersonic-speed

ETFs: Not Yet RRSP Time, But Never Too Early To Start Thinking

ETFs have emerged as a popular method of personal investing at a substantially lower cost.  Basically, rather than invest in a mutual fund and pay a nameless fund manager in a tall office tower (approximately 2.0% of your valuein the mutual fund) every year - whether a good or a bad year - an investor could buy a static group of stocks (based around a theme, an industry, size of companies, geography, etc) and pay around ~0.5% simply for the administration of the fund. 

Here are some things to think about when reviewing the THOUSANDS of ETFs available.

https://business.financialpost.com/investing/investing-pro/not-all-etfs-are-created-equal-heres-what-investors-need-to-know

This Liberal Government Says It Is For Veterans, Yet Also Does Not Have Enough to Pay What They Are Asking For - Here is What the "Progress" on Bill C-12 Says...

https://www.parl.ca/LegisInfo/BillDetails.aspx?Language=E&billId=8166461&View=8

Editd excerpt: "Bill C-12 amends the Canadian Forces Members and Veterans Re-establishment and Compensation Act to, among other things...
• increase the percentage in the formula used to calculate the earnings loss benefit;
• specify when a disability award becomes payable and clarify the formula used to calculate the amount of a disability award; 
• increase the amounts of a disability award; and
• increase the amount of a death benefit."

In addition, it contains transitional provisions that provide, among other things, that the Minister of Veterans Affairs must pay, to a person who received a disability award or a death benefit under that Act before April 1, 2017, an amount that represents the increase in the amount of the disability award or the death benefit, as the case may be."

Thanks to Our Liberal Government's Handling of Trans Mountain, Canada Now Sells Oil at US$20/barrel - Yes US$20!

http://business.financialpost.com/commodities/energy/20-oil-welcome-to-canada-where-crude-prices-havent-recovered

One View of Climate Change

According to former MIT professor Richard Lindzen, one of the world’s leading climate-science skeptics,

“...a complex multifactor system,” can be summed up by one variable — changes in global average temperature — which is primarily influenced by just one variable, carbon dioxide emissions, is “an extraordinary pair of claims based on reasoning that borders on magical thinking.” He added: “An implausible conjecture backed by false evidence and repeated incessantly has become politically correct ‘knowledge,’ and is used to promote the overturn of industrial civilization.”

http://business.financialpost.com/opinion/terence-corcoran-carbon-tax-lovers-and-liberals-celebrate-a-trade-warmonger