Tag: Economic Impact

The True Cost of Gas: A Deep Dive into Energy Pricing with Dan McTeague (Ep. 34)

The True Cost of Gas: A Deep Dive into Energy Pricing with Dan McTeague (Ep. 34)

Are energy prices leaving you bewildered? Dive into this enlightening episode, in which John and Alex Soutsos sit down with the renowned “Gas Man,” Dan McTeague, to unravel the complex dynamics of gas pricing and energy policies.

In this episode, John and Alex Soutsos discuss the complexities behind fuel costs and the hidden forces at play with Dan McTeague, President of Canadians for Affordable Energy. Known for his expertise in predicting gas prices, Dan shares his journey, insights on energy policies, and the economic forces at play. Discover how large oil corporations influence market prices, the impact of taxation and policies like the carbon tax, and why Canada’s gas prices are higher than in the U.S. Dan’s vast knowledge offers a unique perspective on the past and future of energy in Canada and beyond.

Dan discusses: 

  • (01:48) The origins of his nickname “Gas Man” and his methodology for predicting gas prices
  • (02:04) The challenges faced by independent gas stations and the influence of large oil corporations
  • (09:38) The factors influencing global fuel costs
  • (14:17) The impact of Canadian tax and regulation on energy prices 
  • (20:08) The complexities behind carbon taxes and emissions
  • (24:06) The role of oil pipelines and the impact on the Canadian economy
  • (37:54) Why a country shouldn’t turn its back on fossil fuels and nuclear energy and entirely rely on electric vehicles and future energy sources
  • And more

Tune in to gain a broader understanding of the power dynamics behind energy costs as John, Alex, and Dan unpack the implications of energy policies.

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About Our Guest: 

An 18-year veteran of the House of Commons, Dan is widely known in both official languages for his tireless work on energy pricing and saving Canadians money through accurate price forecasts. His Parliamentary initiatives, aimed at helping Canadians cope with affordable energy costs, led to providing Canadians heating fuel rebates on at least two occasions.

Widely sought for his extensive work and knowledge in energy pricing, Dan continues to provide valuable insights to North American media and policy makers. He brings three decades of experience and proven efforts on behalf of consumers in both the private and public spheres. Dan is committed to improving energy affordability for Canadians and promoting the benefits we all share in having a strong and robust energy sector.

Navigating the Complexities of the Canadian Economy with Kim Moody (Ep 21)

Navigating the Complexities of the Canadian Economy with Kim Moody (Ep 21)

Part one left off the conversation on taxation and policies with new questions to be answered. Discover even more answers to some of those new questions. 

John and Alex Soutsos sit down once more with celebrated CPA and Amazon bestselling author, Kim GC Moody. They delve into the recent unveiling of the Canadian budget, its implications on the economy, and particularly its impact on the healthcare sector and business owners across Canada.

John, Alex, and Kim discuss: 

  • The profound implications of the recent Canadian budget on professionals and business owners.
  • A deep dive into the capital gains inclusion rate debate and its potential repercussions.
  • The controversial aspects of governmental subsidies in sectors such as electric vehicle production.
  • Strategies and insights for financial planning amidst shifting economic policies.
  • And more

Connect with Med-Wealth Financial Services: 

Connect with Kim Moody:

About Our Guest: 

The antithesis of the status quo, Kim is driven to innovate new and better ways to do things for the clients he serves, the advancement of the firm, and other professionals in tax. His relentless obsession with getting to know everything in the Tax Act makes him a highly sought-out resource for peers and clients. In March 2020, Kim published his first book, Making Life Less Taxing: Pay Attention To Your Taxes So You Can Pay Less Tax and Build a Strong, Smarter Canada – an Amazon bestseller in a number of categories.

The Truth Behind Taxation Myths with Kim Moody (Ep. #20)

The Truth Behind Taxation Myths with Kim Moody (Ep. #20)

Did you know that a pinch of tax wisdom and strategic investment could potentially transform your financial landscape?

In this episode, John and Alex Soutsos speak with Kim Moody, founder of Moody’s Private Client, to dissect the layers of Canada’s tax system and its competitiveness on the global stage. From the tales of individual taxpayers to the boardrooms of big corporations, gain unparalleled insights into how tax policies affect not only the wealthy but every Canadian citizen.

John, Alex, and Kim discuss: 

  • What are Canada’s corporate and personal tax rates, and how do they compare globally
  • What is the true narrative surrounding capital gains taxes and to what extent do they affect the average citizen 
  • How do tax policies influence consumer spending, corporate expansion, and international investment
  • What are the psychological and economic consequences of high taxation on Canadians and how does it influence their decisions
  • And more

Connect with Med-Wealth Financial Services: 

Connect with Kim Moody:

About Our Guest: 

The antithesis of the status quo, Kim is driven to innovate new and better ways to do things for the clients he serves, the advancement of the firm, and other professionals in tax. His relentless obsession with knowing everything in the Tax Act makes him a highly sought-out resource for peers and clients. In March 2020, Kim published his first book, Making Life Less Taxing: Pay Attention To Your Taxes So You Can Pay Less Tax and Build a Strong, Smarter Canada – an Amazon bestseller in a number of categories.