10 Second Headlines

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

Aug. 2, 2013

NBF GLOBAL REPORT HIGHLIGHTS US continue to outpace Europe: European car sales are the lowest since 1996 and Germany’s are the lowest since 1990. US car sales are the highest since 2008. Electricity prices… Read More

Jul. 26, 2013

PROVINCE OF ALBERTA “HAND UP PLAN” The “Hand-up Plan” is a partnership between the province and financial institutions to get loans into the hands of small business or not-for profit organizations. Firms with gross… Read More

Jul. 19, 2013

OIL AND GAS The spread between Brent Crude and West Texas Intermediate (WTI) has essentially been eliminated due to increased pipeline capacity in the US. The spread had been as wide $25 in December… Read More

July 12, 2013

BERNANKE GOES ON THE OFFENSIVE “Highly accommodative monetary policy for the foreseeable future is what’s needed in the US economy” according to Ben Bernanke in his speech this week in Cambridge, Mass. He went… Read More