10 Second Headlines

May 29, 2015

CANADA Canadian Q1 GDP contracted 0.6% vs expected growth of 0.3%, the worst performance since 2008/09. Business investment declined and consumption grew at the slowest pace since 2009. Bank of Canada left the overnight… Read More

May 22, 2015

CANADA Albertans receiving EI benefits in March rose 8.9%, the largest increase in the country and the 5th consecutive monthly increase. Edmonton up 5.5%, Calgary 7.8%, rest of Alberta 13.3%. Saskatchewan had the 2nd… Read More

May 15, 2015

Top 10 Alberta NDP Policies (source: Dr. Carol Anderson, Navigator) Increase Alberta’s corporate taxes to 12% from 10%. Job creation tax credit that subsidizes 10% of any new employee salary (max $5,000). Support economic… Read More

May 8, 2015

MEET RACHEL NOTLEY, PREMIER-ELECT AND THE ALBERTA NDP Rachel Notley, daughter of Grant Notley who helped found the Alberta NDP, was 4 when her father became leader and 20 when he died in a… Read More

May 1, 2015

CANADA Canadian February GDP was unchanged, slightly better than the expected decline of 0.1%. Employees in Alberta worked an average 30 hours/week in February with an additional 1.8 hours of overtime. Average weekly earnings… Read More

Apr. 24, 2015

PICTON MAHONEY SUMMIT, Toronto (April 22, 2015) Michael Hayden (Former Director of both the CIA and National Security Agency) We have lived through more dangerous times; however, we have never lived through more complicated… Read More

Apr. 17, 2015

GLOBAL INTEREST RATES Bank of Canada lowered growth rate for 2015 in Canada to 1.9% from 2.1% and left overnight interest rates unchanged at 0.75%. National Bank of Canada’s chief economist, Stefane Marion, says… Read More

Apr. 10, 2015

WILL THE BANK OF CANADA LOWER RATES NEXT WEEK? Ed Devlin (PIMCO) and David Wolf (Fidelity and formerly Bank of Canada) expect the Bank of Canada to cut overnight rates to 0.50% vs current… Read More

Apr. 2, 2015

ALBERTA ECONOMIC SUMMARY AND OUTLOOK FROM TODD HIRSCH, ATB FINANCIAL Energy transportation continues to be a concern for Alberta producers. Agriculture will continue to be strong led by cattle prices. Forest industry is impressive… Read More

Mar. 27, 2015

ALBERTA BUDGET Forecast budget deficit of $4.99 billion for the year ending March 31, 2016. WTI forecast at US$54.84 in 2015-16, US$62.80 in 2016-17 and $US$75.14 in 2017-18. Natural gas forecast at $2.94 in… Read More