10 Second Headlines

Aug. 23, 2019

Alberta Oil The Alberta Government has decided to extend oil curtailments to December 2020 while increasing the exemption to apply for companies producing less than 20,000 barrels per day vs a 10,000 previously. This… Read More

Aug. 16, 2019

Economics & Housing US Bond Yields: 2 year 1.50% | 10 year 1.56% | 30 year 2.02% Canadian Bond Yields: 2 year 1.29% | 10 year 1.09% July Canadian home sales increased 3.5% M/M… Read More

Aug. 9, 2019

Canada Canada unexpectedly lost 24,200 jobs in July vs an expected increase of 15,000. Unemployment increased to 5.7% from 5.5% Wages were up 4.5% Y/Y (highest increase in more than a decade) Alberta lost… Read More

Aug. 2, 2019

Canada Canada’s GDP rose 0.2% in May vs 0.1% expected. GDP is now up 3% annualized. Oil & Gas was down 2.5% vs up 6.8% in April The average Canadian household paid nearly $40,000… Read More

Jul. 26, 2019

Canada Average weekly wage for non-farm employees was $1,031 in May up 3.4% Y/Y (vs 2% CPI). 2018 total real estate investment in Edmonton increased 37% Y/Y to $3.94 billion. 22% in industrial and… Read More

Jul. 19, 2019

Canada Canadian Consumer Price Index rose by 2% Y/Y in June vs 2.4% in May. Gasoline prices fell 8.0%, the sharpest drop on record for June Alberta’s Consumer Price Index rate is up 1.4%… Read More

Jul. 12, 2019

Canada The Bank of Canada left its policy rate unchanged at 1.75%. Canadian housing starts increased to 245,700 (24.8% M/M) in June. Alberta starts increased 42.7% to 30,100 Foreign buyers bought 2.5 of every… Read More

Jul. 5, 2019

June Employment Canada lost 2,200 jobs vs expected gains between 4,000 and 10,000. Unemployment was 5.5% vs 5.4% in May Average earnings up 6.5% over the past 6 months Alberta added 10,000 jobs, driven… Read More

Jun. 28, 2019

Canada Canadian GDP grew by 0.3% in April vs 0.5% in May lead by a 11% gain in oilsands extraction. Canadian canola stockpiles have reached their highest level since 1980 in March. China has… Read More

Jun. 21, 2019

ENERGY AND ENVIRONMENT The Federal Cabinet has approved the construction of the Trans Mountain Pipeline expansion. The pipeline will stretch 1,150km from Edmonton to Burnaby; increase shipping capacity by 590,000 bpd (15% increase to… Read More