Comics & Cartoons

Canada’s Dairy Cartel

I drew this cartoon after reading a chapter from Maxime Bernier’s book (which has not been published yet). He posted online here. No wonder cheese is so expensive in Canada. I wonder why DAIRY cartel is OK’d by Canadian Government but not allowed for other industries (like bread, there was a major fiasco for Loblaws…)

 

Comics & Cartoons

Trump vs Trudeau TradeWar Cartoon

Free Trade Agreement with United States doesn’t sound like a bad deal…better than the other way, that will decimate the Canadian economy :(

Inspired again from Manny’s tweet:

Comics & Cartoons

Why Interest Rates are Lowered

Usually it’s lowered to boost the economy so people are encouraged to borrow money (interest rate is low) and use it.

Who is happy when interest rate gets lowered?

  • debt holders (but credit card interest doesn’t get lowered usually…)
  • bond holders (because bond price has an inverse relationship with interest rate)
  • People getting or renewing a mortgage (because mortgage rates follow the benchmark rate)
  • People getting a loan

This cartoon is on sale at My Store.

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