10 Second Headlines

July 13, 2012

NATURAL GAS The Sierra Club is addressing the environmental issues around natural gas fracking. They have had success in lobbying the US government to deny drilling permits offshore and on Federal lands. Currently there… Read More

July 6, 2012

Oil and Gas According to Dahlman Rose & Co. ‘Global oil-patch’ spending will rise 11% to $595 billion in 2012. The US will rise 9.6% and Canada 6%. The Canadian government auctioned off Central… Read More

June 29, 2012

EURO SUMMIT European Union has agreed to consider recapitalizing banks directly instead of funneling the bank rescue funds to the national governments. Countries will be able to tap into the bailout funds to purchase… Read More

June 22, 2012

United States US GDP is approximately $14.5 trillion and their National Debt is $15.7 trillion today. National Debt was $10.7 trillion in 2008. Subsequently, their debt has been increasing by more than $1 trillion… Read More

June 15, 2012

EUROPE Greece will be voting on Sunday, June 17th for a new government. If there is no clear winner, the party with the most seats has 3 days to form a coalition. If no… Read More

June 8, 2012

Meeting with Dr. Georg Witschel, Germany’s Ambassador to Canada Earlier this week I attended a meeting featuring Dr. Georg Witschel, Germany’s Ambassador to Canada. The following are the highlights from his comments: Euro zone… Read More

June 1, 2012

European Banking Bloomberg says financial markets have concerns that Greece will shred the terms of its bailout and that Spain will be swamped by bank failures. ECB president Mario Draghi said “The ECB will… Read More

May 25, 2012

Oil and Gas US Energy Information Association (EIA) estimates that global spare crude production capacity averaged 2.4 million bbl/day in Q1 2012, down about 1.3 million bbl/day YoY. India’s gas demand is estimated to… Read More

May11, 2012

CANADIAN EMPLOYMENT – APRIL 2012 Canada added 58,200 net jobs in April, nearly 6 times expectations. The private sector added 85,800 while government employment declined by 19,200. Full-time employment increased 43,900 and part-time increased… Read More

May 4, 2012

Canadians Dominate World’s Strongest Banks – Bloomberg Markets Magazine June 2012 Rankings according to the second annual ranking of the world’s strongest banks: CIBC #3, TD #4, National Bank #5, Royal Bank #6, Bank… Read More