10 Second Headlines

Nov. 22, 2013

BITCOINS – WHAT ARE THEY? Bitcoins are a peer-to-peer currency that functions outside any banking authority and is not backed by any government. It is called a ‘cryptocurrency’ and exists as software that is… Read More

Nov. 15, 2013

THE HONOURABLE JIM FLAHERTY, CANADA’S MINISTER OF FINANCE – ONE ON ONE, NOVEMBER 12, 2013 Canada has the best job creation in the G8 over the past 10 years. Job prospects for our young… Read More

Nov. 8, 2013

REMEMBERANCE DAY It is the VETERAN, not the preacher, who has given us freedom of religion. Click here to read more NORTH AMERICAN EMPLOYMENT Canada Canada added 13,200 jobs in October. Full time increased… Read More

Nov. 1, 2013

CANADA / PRAIRIE HOUSING Goldman Sachs warned of a sharp fall in Canadian house prices and said “if the elevated level of homebuilding persists in coming years, the risk of overbuilding will increase substantially.”… Read More

Oct. 25, 2013

CENTRAL BANKS Central banks around the world are reinforcing loose monetary policy (low interest rates). This week the Bank of Canada downgraded Canadian growth forecasts to 2013Q3: 1.8% (vs 3.8%), 2013Q4 2.5% (vs 2.5%),… Read More

Oct. 18, 2013

CANADA – EU FREE TRADE AGREEMENT Canada is the first G8 country to have free trade access to the EU (500 million people) and the US (317 million people). The free trade talks were… Read More

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