10 Second Headlines

Mar. 16, 2012

ECONOMIC DATA Canada’s national net worth increased by 0.8% to $6.6 trillion, $182,100 per person. Canada’s Q4 household debt-to-income ratio declined to 150.6% from 151.9%. US February CPI increased 0.4%, as expected. Energy prices… Read More

Mar. 9, 2012

NORTH AMERICAN UNEMPLOYMENT Canada Because 38,000 fewer people were looking for work, the unemployment rate fell to 7.4% in February vs 7.6% in January. Youths aged 15 – 24 have an unemployment rate of… Read More

Feb. 24, 2012

Oil and Gas International Atomic Energy Agency offices failed to defuse tensions in Iran over their alleged nuclear weapons program, the talks “couldn’t finalize a way forward”. By Britain, Netherlands and France abstaining, there… Read More

Feb. 17, 2012

Ontario faces funding challenges Ontario’s budget deficit is $16 billion and could climb to $30.2 billion in 2017-2018 without tough changes. Don Drummond, former federal finance officer, released a report with more than 360… Read More

Feb. 10, 2012

Why Canadian Crude Oil sells for less (Currently $21 below WTI) The combined challenges of unplanned refinery shutdowns and pipeline capacity and increased US oil production have reduced the demand for Canadian oil. Prime… Read More

Feb. 3, 2012

US Ambassador David Jacobson, Luncheon February 2, 2012 Together we have built prosperity and freedom with over $1 trillion of trade annually between Canada and the US. Keystone Pipeline: President Obama could not approve… Read More

Jan. 27, 2012

Harper’s Grand Plan “Western nations, in particular, face a choice of whether to create the conditions for growth and prosperity, or to risk long-term economic decline. In every decision, or failure to decide, we… Read More

Jan. 20, 2012

Netherlands 5th largest economy in Europe and the 2nd largest foreign investor in Canada. Europe accounts for 80% of exports and 70% of imports. Have maintained a current-account surplus since 1981. Primary exports are… Read More

Jan. 13, 2012

Canadian Energy Production – New Trends? Natural Gas closed December 30th at $2.99 down 36% YoY. Chevron Canada and Norway’s Statoil announced a 3D seismic program in the Beaufort Sea. Chevron Canada, Statoil and… Read More

Jan. 6, 2012

Euro Zone Populist backlash against European Union supporters is growing. Ousting of 7 incumbent governments is a direct result of crisis. European banks need to raise approximately $150 billion US by June 2012, especially… Read More