QUESTION: Marty; I am trying to understand your comments that the Canadian real estate has peaked in real terms. Does this mean it will still rise as the currency declines as a hedge against the government in your shift from public to private confidence? HG ANSWER: Canada will benefit from the capital inflows to North […]
In Vancouver, if you have a property that someone else would love to tear down to build a high rise, the government has created a scheme to make you pay taxes as if you were a high-rise. Small businesses pay some amount of tax on the airspace above their businesses, which they have not developed. […]
The environmentalists have really gutted Alberta which was an economy based upon commodities. With that industry under assault, the economy has been decline. According to the quarterly report released April 1st 2019, Calgary’s downtown vacancy rate is currently at 26.5%, the highest in Canada. Although it decreased slightly from its peak at 27.8% in the […]
QUESTION: Martin, Will Canadian equities due to Canada’s economy being integrated with the USA participate in the coming worldwide shift from public to private assets? Thanks R ANSWER: Yes. The details on Canada have been provided in the 2019 report.
Premier John Horgan of BC in Canada was joined by Finance Minister Carole James and Attorney General David Eby at a press conference in Victoria, BC, where they announced plans to move forward with a public inquiry in light of recent findings on money laundering. The real estate bubble in Vancouver was built on a […]
In Canada, the left is urging lawsuits against oil companies to force them to pay for all the damage to the climate. Honestly, the oil companies should announce that they will layoff all Canadians and shut down all operations in Canada. Perhaps then these extremists will get what it means to go without oil: no more […]
Canada has been selling off most of its remaining gold reserves to the general public. They have been selling gold coins and reaping better prices than dumping 400-ounce bars to bankers. The figures from the Bank of Canada and Finance Department show that the country held 77 ounces at the end of February. They sold over […]
QUESTION: You always mention how there were defaults and suspension of debt during the Great Depression by states and municipals. Was this also true in Canada? JRT ANSWER: Oh, yes. Whenever commodities have collapsed, Alberta finds itself in trouble. Central banks look to the national market and not to the regional sectors.
While Alberta has been supporting Canada for decades, the rising tide of environmentalists has devastated its economy to the point that people no longer seek engineering degrees in energy or exploration. The separatist movement is rising and the coming commodity boom may push Alberta to separate when they are unable to participate in an economic boom due […]
Here is something that is going viral. It is the reality of our political-economic situation as we head into 2032 and begin to watch this cascade out of control come 2020. If we do not respect what is written here, there will be no choice for society and it will lead to revolution and […]
