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Daily Archives: April 5, 2017
Canadian realty prices: payback period set up to be long and hard
The longer/further price gains go above the long term average (5% a year line below) the longer/further they will spend laboring beneath it. Moonshots like the past year over year move in Toronto prices, is a 4 standard deviation event … Continue reading
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Worker bee wherewithal lacking in labor force
While the US central bank cites official unemployment under 5% and inflation near 2% as mission accomplished on their dual monetary mandate, the reality is that the labor force participation rate is the lowest since 1978, and especially for the … Continue reading
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Ontario on the right track with greenhouse gas cap and trade
Taxing the things we want less of is a necessary prod to dis-incentivize destructive behaviors (think alcohol and tabacco taxes, junk food). Recycling the revenues raised back into paying for clean up and treatment of the destruction caused is also … Continue reading
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