Category: Economics
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Vancouver Teetering On Edge of Bankruptcy
Is Vancouver teetering on the edge of bankruptcy? Are you old enough to remember the federal immigration policy instituted by Brian Mulroney which encouraged capital investment from abroad via the immigration system? Come to Canada and invest a sum while guaranteeing to employee a few. This was the start of the of the real estate…
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Monetary System and Bankers Code
Canada is facing a large increase to the money supply in the context of new social programs associated with COVID-19. Your government in conjunction with financial news outlets do not want to use language like “increase the money supply” because it may be deemed alarming or inflationary. Instead, it refers to the monetary system in…
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Canadian Practical Measures COVID-19 & Economic Crisis
Recommendations for the federal government of Canada in lieu of corona virus pandemic and economic crisis. Will they listen? I don’t know. Permit the purchase and sale of unused RRSP contribution room. Permit the direct tax deductibility of net capital losses up to a maximum of $25,000 per year. Rewrite usery laws prohibiting lenders from…
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Banking Credit Specifics Amidst COVID-19
You’ll notice that your governments are speaking in code much of the time when it comes to addressing the financial impact, consequences to your household, and detail pertaining to your access to credit facilities in the context of COVID-19. Your Prime Minister is once again scheduled to address the nation at 11:30am EST. We’ll see…
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Newsy Week Eh
From the stand point of the stock market, this is a lesson that so many folks needed to learn. Your investment advisors are simply people with vulnerabilities like the rest of us. The buy and hold mantra has cost you money. You must put attention on your own investments and you must actively manage your…