10 Second Headlines

Feb. 20, 2015

CANADA Canadian December retail sales fell 2% M/M vs 0.4% decline expected, partially due to lower gasoline prices and a shift of Christmas shopping to November for ‘Black Friday’ sales. Alberta’s December retail sales… Read More

Feb. 13, 2015

OIL – ALBERTA In November, Alberta’s oil extraction fell 166,667 boe/d to nearly 3,000,000 boe/d but is still 7% higher than 2013. Alberta exported 2,300,00 boe/d in November unchanged from October. Alberta’s next 3… Read More

Feb. 6, 2015

CANADA Canadian January employment increased 35,000 vs 5,000 expected. The unemployment rate declined to 6.6% vs 6.7%. Part-time employment increased 47,000 and full time was unchanged. Alberta added 14,000 in January. For the past… Read More

Jan. 30, 2015

CANADA Statistics Canada revised the employment data for the past 14 years. In 2014, Canada created 121,000 new jobs vs 186,000 previously reported. Employment creation in Ontario and BC were reduced 50%. 84% of… Read More

Jan. 23, 2015

BEWARE OF NEW CRA SCAM Canadians believe they are receiving calls from CRA looking for information on their 2013 T1 tax filing. Once on the line, the caller starts being aggressive saying that you… Read More

Jan. 16, 2015

IMPACT OF SWISS FRANC ‘DEPEGGING’ Historically, the Switzerland has been a safe haven, both in their currency and financial institutions. This week, in a surprise move, the Swiss National Bank (SNB) abandoned its 3… Read More

Jan. 9, 2015

ALBERTA Premier Jim Prentice said Alberta will have a $500 million deficit in 2014-15 due to lower oil prices. Each $1 drop in the price of oil, over the course of 1 year, costs… Read More

Jan. 2, 2015

  RECAP OF 2014 RETURNS December 31, 2013 December 31, 2014 % Return TSX 13,621.55 14,632.44 7.42% Dow Jones Industrial Avg 16,576.66 17,823.07 7.52% NASDAQ 4176.59 4,736.05 13.40% S&P 500 1848.36 2,058.90 11.39% Canadian… Read More

Dec. 19, 2014

HAPPY HOLIDAYS! 10 SECOND HEADLINES WILL RETURN ON JANUARY 2, 2015 EU POLITICAL FAULT LINES THREATEN RETURN TO GROWTH – NBF Report – full report available on request Euro zone has yet to regain… Read More

Dec. 12, 2014

OIL PRICES AROUND THE WORLD RUSSIA – Is the bear being pushed into a corner? Russia’s currency has been devalued nearly 40% in the past month. Russian central bank increased interest rates at the… Read More