10 Second Headlines

Aug. 28, 2020

ALBERTA FISCAL UPDATE – AUGUST 2020 Budget deficit forecast at $24.7 billion vs $7.3 billion in February. 70% of the deficit is due to a weaker revenue picture, revenue is down 23% vs February.… Read More

Aug. 21, 2020

IMPACT OF A BIDEN VICTORY – ANGELO KATSORAS, GEOPOLITICAL ANALYST, NATIONAL BANK FINANCIAL If the Democrats win the Presidency and the Senate they would be able to pass legislation more quickly. For example: taxation,… Read More

Aug. 7, 2020

SPECIAL COMPARISON OF CA AND US LABOUR STATS FOR JULY,2020 Canada has regained 55% of jobs lost, peak jobs lost 3,005,000, recovered 1,661,000 US has regained 42% of jobs lost, peak jobs lost 22,160,000,… Read More

Jul. 31, 2020

ENERGY AND THE ENVIRONMENT Canada’s May crude-by-rail shipments fell to 58,048 barrels per day (vs peak of 412,000 bpd in February), the lowest in 4 years. Shell Oil CEO says that “demand will take… Read More

Jul. 24, 2020

ANGUS WATT ADVISORY GROUP SUMMER UPDATE 2020 Market momentum is due to continued support from the Federal Reserve and other central banks. Wearing masks can allow the economy grow at 90% of capacity. COVID-19… Read More

Jul. 17, 2020

CONTINUING SUPPORT FOR THE CANADIAN ECONOMY Canadian Federal Government is providing provinces and territories with $19 billion in direct transfers for a ‘safe restart’ of the economy. Funding focuses on 7 priority areas: $4.2… Read More

Jul. 10, 2020

CANADIAN JUNE EMPLOYMENT DATA Canada added 953,000 jobs in June vs 700,000 expected (488,000 full-time & 465,000 part-time). Unemployment rate 12.3% vs 13.7% in May 400,000 fewer people were working from home in June… Read More

Jul. 3, 2020

ALBERTA REBOOTING ECONOMY – SUMMARY COURTESY OF CATHERINE KEILL, KEILL & CO At the height of the pandemic, 85% of businesses representing 96% of Alberta’s economy continued operating. Current unemployment rate is 15%. Lowering… Read More

Jun. 26, 2020

VACCINE AND TREATMENT UPDATE There are more than 100 projects around the world developing a COVID-19 vaccine, 8 are currently being tested on people. Large scale testing could begin as early as July Vaccine… Read More

Jun. 19, 2020

ECONOMIC UPDATE WITH MARTIN LEFEBVRE, NATIONAL BANK FINANCIAL’S CHIEF INVESTMENT OFFICER AND MARTIN GAGNON, CO-PRESIDENT AND EVP We are at the beginning of a new cycle supported by central banks around the world. We… Read More