VIDEO: Should The Government Set Price Controls & Bail Out Companies During Extended Crisis?

As someone that works in Alberta’s oil and gas exploration industry that was just notified his company is pulling out of Canada before the end of 2020, I can understand how government bailouts and price controls are initially appealing to many.  However, both price controls and bailouts significantly distort markets, causing all of us unnecessary pain. WHAT’S WRONG WITH GOVERNMENT BAILOUTS? Much more importantly bailouts encourage companies to take risks or fail to plan for the future so they can…

VIDEO: The Future of the Energy Industry 2020-2023

David Book, Managing Director of Clearview Energy Partners, does an excellent job of crystallizing the known issues and outcomes for the oil and gas industry over the next few years.  Topics include: COVID-19 Trump Reelection Russia’s Tax Structure Saudi Pools of Cash De-Globalization Innovation   .

VIDEO: Coronavirus COVID19 vs Spanish Flu, MERS, SARS & Swine Flu

Pandemics Teach Us Actions Must Be Swift Because Predictions are Often Wrong The graph is largely intended to explain the growth of the coronavirus COVID19 and put it in perspective against swine flu, MERS and EBOLA but in reality, it’s really not about coronavirus. this graph can be thought of as relating to any pandemic. It easily explains how viruses can grow and spread in the global village that we all live in. Is important to be aware and concerned…

Management Skills – Time For A Change?

With all of the coronavirus COVID-19 mess, rail blockades and ugly politics as usual, we thought we thought we would change it up with a joke just to take the pressure off for 30 seconds: If you’ve ever worked for a boss who reacts before getting the facts and thinking things through, you will love this! Arcelor-Mittal Steel, feeling it was time for a shakeup, hired a new CEO. The new boss was determined to rid the company of all…

What are China’s Golden Shield & Golden Canon?

You have no doubt heard of the Great Firewall of China which keeps those inside China “protected” from the outside world.  In reality the Great Firewall is a way for the Chinese government to control its population by limiting access: by its citizens to dangerous ideas from outside China, and by limiting its citizens ability to tell the rest of the world what is going on inside China But did you know that there is another system called Golden Shield…

VIDEO: How To Setup a Peer to Peer Lending Account in Canada with LendingLoop.ca

In this video we setup a real account with Canada’s only sizable Peer to Peer Lending company, LendingLoop.ca.  We explore all of the settings and options that are available during the setup and immediately after. If you are new to Peer to Peer lending, like almost everyone, you may find our video Introduction to the Risks & Rewards of Peer to Peer Lending to be useful. If you enter our referral code 37f2da we BOTH get $25 from LendingLoop! Here…

Trade Numbers & Opinion: Why US Trade Wars with China, Mexico & Canada Have Not Bought Jobs Back to the United States

If you have been following the President Trumps Trade War with China (and to a lesser extent, Canada, Mexico and Europe) you might think it will be good for US workers in the long run. It turns out that after nearly three years of increasingly aggressive trade sanctions that China has been hurt, but shockingly it has actually resulted in INCREASED imports to the United States on net.  Here are the facts: Manufacturing companies are leaving China, but they are…

VIDEO: $16/Hour Wage Requirement in USMCA / NAFTA2 Explained

The new NAFTA (aka North American Free Trade Agreement or United States Mexico Canada Agreement) has an interesting minimum wage requirement that is not well understood.  Here are the key facts: USD $16/hour wage minimum is required on 40% of the components in cars and 45% of the components on trucks The $16/hour is required to be paid by the manufacturer to its EMPLOYEES and not the contracted suppliers to companies like GM, Chrysler and Ford $1.60 of that $16/hour…

How to Easily Vote TODAY for Canadian Federal Election & Avoid The Lines

You probably already knew you could vote: on election day in by joining thousands of people in line in limited site advance polls with dozens of people in line by mail in ballot but did you know you can vote NOW at ANY of the 500 temporary or permanent Elections Canada offices? Between now and October 15th, 2019 from 9am to 9pm you can just walk in with your ID.  You do NOT need to have your voter card, although…

VIDEO: Funniest Organ Donation Video Ever Makes a Good Point

This topic is a departure from our usual focus on politics, tech and China but we thought it made an excellent point in a funny way you would like. As a… lets go with ‘gruff’ person myself, I sadly see tiny parts of Coleman Sweeney in me (pun intended!) and I have signed up for organ donation too.  Be an asshole and sign up! In most countries you just have to fill our an organ donor card or sign the…

VIDEO: Ontario & Saskatchewan Agreed In Court That Carbon Taxes Are Both Effective & The Lowest Cost Method of Reducing Greenhouse Gases

It is oft said by those who disapprove of carbon taxes that: Carbon taxes are ineffective Carbon taxes target the wrong people The Canadian Federal Government does not have right to impose a carbon tax All three of these statements are demonstrably incorrect. University of Ottawa Professor of Law and Economics, Stewart Elgie, explains that the dissenting judges in the Saskatchewan and Ontario carbon tax cases are not disagreeing with the principle that the Federal Government has the right to…

The Rational Case Against Huawei

There are many that think Huawei is just a puppet of the Chinese government and an equal number that think the Huawei bans and bad talk are nothing more than hype designed to stifle a non-Western competitor. We recently wrote two articles explaining some of Huawei’s background: 10 Short Answers To Why Huawei is so Scary To Western Countries Who Owns Huawei? A Fascinating Story but neither our previous articles nor the political hype have clearly explained why countries should…

VIDEO: What is Short Selling Stocks & How It Can Be A Good Thing For Markets

People typically purchase stocks in a company for two reasons: to make money from an increase in stock price over time to make money from dividends However, there is a third way to make money with stocks… a very risky way called ‘short selling’. What is Short Selling Stocks In Simple Terms? A ‘short’ as it is called in the financial industry is a bet against a companies stock. To short a stock, you ‘borrow’ shares from someone with a…

Trans Mountain Pipeline Expansion Timeline of 2019 Events

UPDATE: November 24, 2019 TMX announces that at the end of September 2019, there were 2200 constructions workers hired and that number was expected to grow to 3000 by the end of the year. UPDATED: July 21 2019 Since the start of the 2019, there have been many important events in the Trans Mountain Pipeline saga and it is easy to get lost.  To clarify the issues we have appended the following entries to our master list “Complete Trans Mountain…

JOKE: The Psychology Student & The Lawyer

A man was looking for a place to sit in a crowded university library.  He asked a girl: “Do you mind if I sit beside you?” The girl, in a loud voice, replied, “NO, I DON’T WANT TO SPEND THE NIGHT WITH YOU!” All the people in the library started staring at the man, who was deeply embarrassed and moved to another table. After a couple of minutes, the girl walked quietly to the man’s table and said with a…