10 Second Headlines

September 17, 2021

GLOBAL DEBT AND INFLATION Global debt grew $4.8 trillion (to $296 trillion) in Q2 according to IIF (Institute of International Finance). Increase was led by households (added $1.5 trillion of debt in H1 2021),… Read More

September 10, 2021

CANADA EMPLOYMENT Canada added 90,200 jobs in August (3rd consecutive increase, 3 month total of 345,000). Full time added 68,500 (private sector added 77,000) Unemployment rate 7.1% (lowest since the onset of the pandemic)… Read More

September 3, 2021

COVID AND THE REOPENING Firms around the world are requiring employees to be fully vaccinated against COVID-19 to return to the office and in-person meetings with clients. Includes banks, law firms, accountants, private companies,… Read More

August 27, 2021

CANADA Canadians paid down a record $20.6 billion in non-mortgage debt from the beginning of the pandemic through January 2021, including $16.6 billion of credit card debt. Recent Leger online survey of 1,519 Canadians… Read More

August 20, 2021

ENERGY AND ENVIRONMENT California is building 5 temporary gas-fueled generators with a total capacity of 150 megawatts to increase the power grid in the evening to avoid blackouts. Swedish venture HYBRIT using fossil-free electricity… Read More

August 13, 2021

WHY IS THE U.S. LABOUR FORCE SHRINKING? (BLOOMBERG) Working age population (15 to 64) declined for the first time in decades in 2019 and then again in 2020. Boomers’ retirement more than doubled in… Read More

August 6, 2021

CANADIAN HOUSING AFFORDABILITY WORSENS BY THE MOST IN 17 YEARS On average, mortgage payments now engulf 45% of household income, above the average since 1980 (43%). The average house price increased 5.9% in Q2;… Read More

July 30, 2021

ENERGY AND ENVIRONMENT Ottawa and Newfoundland have agreed to a $5.2 billion deal to complete construction on the Muskrat Falls hydroelectric project. TC Energy (formerly TransCanada Pipe) is going to spend billions to lower… Read More

July 23, 2021

ENERGY AND ENVIRONMENT Cenovus has signed a contract to buy renewable power from a new solar project, being developed in part, by Cold Lake First Nations. 7 natural gas producers are teaming up with… Read More

July 16, 2021

CANADIAN BUSINESS LEADERS CONTEMPLATE LEAVING ROLES LifeWorks (formerly Morneau Shepell) survey shows an acute crisis among executives and managers because of the COVID pandemic and associated stress. 50% of business and public sector leaders… Read More