Wednesday, July 20, 2011

Is it possible that Flaherty doesn't have a clue?

Tax Changes Hurt Some REITS [July 20, 2011 2:20 PM]

Dennis Mitchell of Sentry Select Capital on BNN states:

"This is kind of the Department of Finance basically acknowledging that they really don't know what they're doing and they have no clue about how the capital markets work."

"...This is incompetence can't keep changing the rules, I am sure Jim Flaherty will say that he is giving the market clarity. If we keep getting clarity every six months nobody will be able to allocate capital properly."

See video clip here