10 Second Headlines

May 25, 2018

Canada The government of BC is suing AB over the legislation that allows restriction on gasoline shipments to BC. AB Premier is not surprised, yet calls the action premature, because AB has yet to… Read More

May 18, 2018

Canada Canadian inflation rate at 2.2% vs 2.3% estimated. Alberta passed legislation giving the province the power to cut off gasoline shipments to BC. Federal Government is prepared to reimburse Kinder Morgan Canada for… Read More

May 11, 2018

Canada Canada is ranked second in tax levies for G7, only trailing France. Canada’s highest rate kicks in at a lower income than do rates in most OECD nations. Canadian taxes collected, overall, are… Read More

May 4, 2018

David Dodge: “we are shooting ourselves in the foot” David Dodge, past Governor of the Bank of Canada, says there are currently two issues: “One, we in Canada have been shooting ourselves in the… Read More

Apr. 27, 2018

Central banks Q1, U.S. GDP grew at an annual rate of 2.3% Y/Y vs 2% estimate, increasing probability of a Fed rate increase in June. UK economy grew at its lowest pace in 5… Read More

Apr. 20, 2018

Alberta Investment Management Corporation (AIMCo) AIMCo had a performance return of 10.4% for 2017, finishing the year at $103.7 billion, and generating an additional $1 billion in added value for 32 clients, who include:… Read More

Apr. 13, 2018

Trans Mountain Pipeline Kinder Morgan has suspended all “non-essential” spending on its Trans Mountain pipeline Federal Finance Minister Bill Morneau said: “We know that showing Canada is a place where important projects can get… Read More

Apr. 6, 2018

North-American job data Canada added 32,000 jobs in March, driven by full-time gains; unemployment 5.8% Alberta added 8,300 jobs in March, all being part-time; unemployment rate 6.3% vs 6.8% M/M, lowest since 2015. Alberta… Read More

Mar. 29, 2018

Provincial budgets Quebec plans to balance its budget for the 4th straight year. Program expenditures will increase 4.7%; revenue climbs 2.2%. $3.6 billion of new investment in health care; $1.6 billion in education over… Read More

Mar. 23, 2018

Alberta Budget 2018-19 deficit at $8.8 billion, equivalent to ~18% of total revenue. Net debt-to-GDP ratio will increase to 8.7% fiscal 2019 vs 6% in 2018; 12.4% by 2020-21. Alberta will borrow $15.4 billion… Read More