The greatest benefit of these videos is that it allows a greater group of people to more clearly understand how the investment world works and allows people to make more informed choices of who to vote for and not be influenced by the absolute drivel that is being propagated by Ottawa and ultimately is of no benefit to the taxpayer and ultimately only wrecks our economy and takes away the future for the next generation
Rich, another solid vid. 🎉 I appreciate how unique and detailed your well presented content is resetting the bar higher for other content creators. Sadly, capital will continue to flow out of the country to where it is treated best.The Canadian government sees successful and productive individuals as its personal piggy bank. I know a lot of younger educated, ambitious hardworking people who have left, more are leaving. They own nothing, and they will be happy,... somewhere else. I would love to see all Canadian governments to be legally required to balance their budgets, stop spending and be accountable for taxpayers resources. Thank you for listening to my Ted talk.
Amazing video Rich! Felt like i was in university again, but this time actually enjoying the lecture since its so objective! Thanks for using data and not what most youtube econ guys use, subjective headlines etc keep killing it!!!!!
Late with a question here, do you know what % of your construction figure is residential housing? Obviously we need housing, however, “productive” construction that leads us away from being a housing economy is key. Especially since we can’t expand natural resource use for the life of us…
I absolutely agree with the observation that domestic investors are skipping investing in Canada. With the current political climate, it basically amounts to handing cash over to governments.
It feels like as more nations begin to emerge as strong developing economies, Canada’s just feels old, stale, and of course completely unloved by its own existing government. Canadians seem content with chasing a constantly reflated real estate bubble for paper gains while neglecting productive investment opportunities. Meanwhile the government seems happy with supplementing that lack of capex with deficit-funded subsidies. We really need a change in public policy and in my opinion a repricing to the downside in real estate to free up future potential capital that will at the current trajectory be simply servicing inflated housing costs via rent or mortgage payments on overpriced dwelling cost.
The greatest benefit of these videos is that it allows a greater group of people to more clearly understand how the investment world works and allows people to make more informed choices of who to vote for and not be influenced by the absolute drivel that is being propagated by Ottawa and ultimately is of no benefit to the taxpayer and ultimately only wrecks our economy and takes away the future for the next generation
Really appreciate the comment, thank you
Rich, another solid vid. 🎉 I appreciate how unique and detailed your well presented content is resetting the bar higher for other content creators.
Sadly, capital will continue to flow out of the country to where it is treated best.The Canadian government sees successful and productive individuals as its personal piggy bank. I know a lot of younger educated, ambitious hardworking people who have left, more are leaving. They own nothing, and they will be happy,... somewhere else.
I would love to see all Canadian governments to be legally required to balance their budgets, stop spending and be accountable for taxpayers resources. Thank you for listening to my Ted talk.
Thank you very much for watching
🥇 another great video, gents!
Thanks for watching!
Amazing video Rich! Felt like i was in university again, but this time actually enjoying the lecture since its so objective! Thanks for using data and not what most youtube econ guys use, subjective headlines etc keep killing it!!!!!
Thank you so much for the kind words! I really appreciate it and it encourages me to keep going!
Really appreciate this content! You are no doubt a huge asset to IceCap.
Glad you think so! Thank you for watching!
Great Job!!! Thank You... :-)
Thanks for watching!
What happened in 2015 that caused a sudden flattening of GDP growth?
Great video, thanks Rich!
Thank you kindly!
I am sure I am not the only one to realize how most of Canada's economic issues suddenly began around 2015. What happened in Canada in 2015?
Trudeau.
Late with a question here, do you know what % of your construction figure is residential housing? Obviously we need housing, however, “productive” construction that leads us away from being a housing economy is key. Especially since we can’t expand natural resource use for the life of us…
Great vid
Thank you kindly
I absolutely agree with the observation that domestic investors are skipping investing in Canada. With the current political climate, it basically amounts to handing cash over to governments.
It's the regulatory uncertainty that really hampers investment.
Governments don’t invest, they spend money
The government steals money from the producers to give to those that produce nothing (themselves).
They do both, I'm afraid.
It feels like as more nations begin to emerge as strong developing economies, Canada’s just feels old, stale, and of course completely unloved by its own existing government. Canadians seem content with chasing a constantly reflated real estate bubble for paper gains while neglecting productive investment opportunities. Meanwhile the government seems happy with supplementing that lack of capex with deficit-funded subsidies. We really need a change in public policy and in my opinion a repricing to the downside in real estate to free up future potential capital that will at the current trajectory be simply servicing inflated housing costs via rent or mortgage payments on overpriced dwelling cost.
Excellent overview and yes, I agree. Thanks for watching.
What happened around 2013 that changed business investment behavior?
Wow. The more I follow Rich, the more I'm convinced Justin and his caucus are incredibly unqualified for their minister positions. Shame on them.
Wish I owned shared in CGI...