Daily Archives: November 11, 2015

PBO: “global economy much weaker than anticipated”

But, but, sell side analysts are so confident things are getting better by the day… Economic outlook is worse than expected, which may make it tougher for the new Liberal government to meet some campaign promises. Here is a direct … Continue reading

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Sober thoughts on campaign promises

Tom Friedman’s latest NY Times OPED on the US presidential race is worth the time. Nice to see some adult thoughts for a change. See: Voters, You can have everything!: “Not only do the tax-cutting plans offered by the leading … Continue reading

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CMHC CEO: big real estate risk on Canadian taxpayers

As in other countries, the institutions who have originated record levels of high risk loans have collected their rich commissions and fees up front and downloaded the risk of loss on to we the taxpayers. Brilliant business model for them. … Continue reading

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Climate change: admit, reform and solve

The warming effects of burning fossil fuels have been documented by scientists since at least 1824. And yet deniers persist. Another presidential candidate debate last night without a single reference to the most pressing issue for the economy and civilization: … Continue reading

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