NOVEMBER 2017
Proposed tax changes 2017: Where we stand
Since the July 18th announcement from Finance Minister Bill Morneau, tax changes have been front and center in the news. A number of amendments to the legislation have been subsequently announced. Read full article Academic takes on Vancouver’s housing supply ‘myth’ In Vancouver, the detached house owner is often vilified. So too, is the resident who protests density. They are vilified by what one academic is calling "the housing supply myth," which is the belief that we need more housing in order to lower costs. It's an argument commonly used by politicians, industry, and some academics and citizen activists.
Read full article Willing Wisdom presentation, Tom Deans, Ph.D Review by Eddie
Last week we brought Tom Deans, Ph.D, and author of Willing Wisdom, in to speak to a crowd of 150 clients, colleagues, and friends of Richardson GMP. It was a very well received event by all with lots of takeaways to think about.
Read full article No Inflation?
Technology may have left it back in the 20th century
During her speech to the National Association of Business Economics on Tuesday, Federal Reserve Chair Janet Yellen made a rather startling admission: The Fed may have “misspecified” its models for inflation and “misjudged” the strength of wages and the job market. Leaving aside the odd choice of words, Yellen — true to her training and temperament — proved herself more interested in understanding the world as it is rather than being right, a rarity in a policy world that often rewards hubris over wisdom.
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