10 Second Headlines

Jan. 8, 2016

EXPECTED NORTH AMERICAN INFRASTRUCTURE SPENDING (NBF Research) Canada 2016: expect approximately $20 billion of infrastructure spending including: Southwest Calgary Ring Road, Calgary Cancer Centre, Scarborough Subway extension and Gordie Howe Bridge. US: The $305… Read More

Dec. 31, 2015

YEAR IN REVIEW (YTD TO DECEMBER 30, 2015) Oil down 31% (down 12% in December alone). US crude inventories increased over 25%. Natural Gas down 22%. Gold down 10.49%. Canadian Dollar down 16.25%. Stock… Read More

Dec. 18, 2015

HAPPY HOLIDAYS – 10 SECOND HEADLINES WILL RETURN DECEMBER 31ST US FEDERAL RESERVE ANNOUNCEMENT The Federal Reserve (Fed) increased interest rates by 0.25% taking it to 0.50%, the first increase in nearly 10 years.… Read More

Dec. 11, 2015

CANADIAN MORTGAGES Today Finance Minister Bill Morneau announced changes to mortgage down payments effective February 15/16. Down payments on mortgages up to $500,000 are unchanged at 5%. Portion of mortgage between $500,000 and $1,000,000… Read More

Dec. 4, 2015

CANADA Canada lost 35.7k jobs in October vs. expected loss of 10k, unemployment rate up 0.1% to 7.1%. Trade deficit widened more than expected to C$2.76BN in October, exports to U.S. down 2.8%. November… Read More

Nov. 27, 2015

UN CLIMATE CHANGE SUMMIT – PARIS, NOVEMBER 30 – DECEMBER 11 130 world leaders are focusing on greenhouse gas emissions to be controlled by 2030. 39 island nations want the temperature to be lower… Read More

Nov. 20, 2015

CANADA First fiscal update from Federal Finance Minister, Bill Morneau: 2015-2016 fiscal deficit now expected to be $3 billion vs $2.4 billion surplus. GDP forecast reduced to 1.2% from 2% for 2015, 2% in… Read More

Nov. 13, 2015

NORTH AMERICAN HOUSING MARKET Canadian housing starts dropped 14.4% to 198,065 in October. October Teranet-National Bank National Composite House price index rose 0.1% in October for 10th increase in a row, led by Toronto,… Read More

Nov. 6, 2015

PREMIER NOTLEY’S STATE OF THE PROVINCE ADDRESS Oil prices should not rule our economy. We are looking for a new direction and need creativity and ingenuity. Environment is our first priority; Energy East needs… Read More

Oct. 30, 2015

ALBERTA: BUDGET SUMMARY AND EMPLOYMENT Projected 2015-16 deficit $6.1 billion (1.8% of GDP). Spending $34 billion in infrastructure projects over the next 5 years. Plans to borrow estimated $49 billion by 2020. Average Oil… Read More