10 Second Headlines

Oct. 11, 2013

ALBERTA’S EMPLOYMENT Alberta added 4,000 new jobs (monthly average 5,000/month over past 2 years). Full time increased by 7,500; part time dropped by 3,500. Unemployment dropped to 4.3% vs 4.8% in August. Grand Prairie… Read More

Oct. 4, 2013

CANADIAN BUSINESS CLIMATE – NEED FOR EXPORTS Exports account for 1/3 of Canada’s income and most go to the U.S. and Europe with only 12% to emerging markets. 1/3 of Canadian exporting firms have… Read More

Sept. 27, 2013

US DEBT CEILING The deadline to increase the ‘US debt ceiling’ is October 1, 2013. As of September 25th the US had federal debt of $16.7 trillion, about $25 billion less than the legal… Read More

Sept. 20, 2013

FEDERAL RESERVE MEETING – SEPT 18, 2013 In a surprise move the Federal Reserve announced that it will continue to invest $40 billion per month into mortgage backed securities and $45 billion per month… Read More

Sept. 13, 2013

PRESIDENT OBAMA’S SPEECH – SEPTEMBER 10, 2013 We know the Assad regime was responsible for the use of sarin gas as they distributed gas masks to their troops August 21st. We know from samples… Read More

Sept. 6, 2013

NORTH AMERICAN UNEMPLOYMENT Canada Canada added 59,200 jobs in August vs the 20,000 expected; 80% were part time. Unemployment rate declined to 7.1% from 7.2% M/M. Average hourly wages were up 1.55% Y/Y. Alberta… Read More

Aug. 30, 2013

ALBERTA BUDGET – QUARTERLY UPDATE Revised deficit will range between $1.2 billion and $2 billion vs previous estimate of $1.975 billion. Expected WTI average price has been increased to $94.81 vs $92.50 and Western… Read More

Aug. 23, 2013

US Central Bank: Tapering? Ten year US Gov’t notes have increased in yield from 1.90% on May 22nd to 2.92% today. In the last 12 months, US Gov’t securities ten years and longer plunged… Read More

Aug. 16, 2013

Why should Canada continue to import oil? (Stefane Marion NBF Economics) In 2012 Canada imported 723,000 barrels a day from foreign producers, about $30 billion, with half coming from OPEC countries. In the US… Read More

Aug. 9, 2013

Canadian Employment Canada lost 39,000 jobs in July and the unemployment rate rose to 7.2% vs 7.1%. 74,000 jobs were lost in the public sector, led by 47,000 jobs lost in health care and… Read More