10 Second Headlines

Mar. 13, 2020

CENTRAL BANK AND GOVERNMENT REPONSE TO CORONAVIRUS (COVID-19) Central Bank’s around the world have pledged to ‘proactively’ support the economy as the world deals with the COVID-19 virus. The last time we saw this… Read More

Mar. 6, 2020

CORONAVIRUS (COVID-19) UPDATE China’s Wuhan city had 126 new cases of CoVid-19 on March 5th while there were 0 cases in the rest of the province for the first time since the outbreak. Medical… Read More

Feb. 28, 2020

ALBERTA BUDGET FEBRUARY 27, 2020 Alberta will cut operational spending by less than 3% in the 2019-2020 fiscal year. Alberta’s deficit in the year ending March 2019 will be $7.5 billion down from the… Read More

Feb. 21, 2020

CANADA Canadian Finance Minister Bill Morneau is relaxing mortgage qualification rules to make it easier for home buyers to secure financing by setting up a new benchmark interest rate based on actual borrowing costs… Read More

Feb. 14, 2020

CANADA’S RAIL STRIKE CN Rail has temporarily shut down parts of its network as anti-pipeline protestors are blocking the railways. Over 400 trains have been cancelled this week. Impact of the stoppage is compounding… Read More

Feb. 7, 2020

NORTH AMERICAN EMPLOYMENT DATA CANADA: added 35,000 jobs (all full time) in January; unemployment rate 5.5% vs 5.4% in December, led by Quebec and Manitoba. Alberta lost 18,900 jobs (mostly part-time); unemployment rate 7.3% vs… Read More

Jan. 31, 2019

2020 FEDERAL BUDGET – What could be in it? Liberals have a minority government and will need the support of another party. Increased basic exemptions from $12,298 to $13,229 in 2020 and gradually increase… Read More

Jan. 24, 2020

BANK OF CANADA DOWNGRADES ECONOMIC OUTLOOK 2019 Q4 GDP growth expectations reduced to 0.3% due to strikes, pipeline shutdowns, weather and inventory adjustments. 2020 Q1 expected at 1.3%. Job creation has slowed Indication of… Read More

Jan. 17, 2020

2020 KEY DATES AND INFORMATION RRSP contributions: last day for contributions is March 2, 2020 2019 Maximum contribution: $26,500 2020 Maximum contribution: $27,230 TFSA contributions: maximum contribution is $6,000 2020 Maximum lifetime contribution: $69,500… Read More

Jan. 10, 2020

CANADIAN EMPLOYMENT – A STRONG 2019 Canada added 35,200 jobs in December vs 25,000 expected. Unemployment rate 5.6% vs 5.9% in November 57,000 employees were added in the private sector and 22,000 jobs lost… Read More