10 Second Headlines

Feb. 1, 2013

US ECONOMICS US Q4 GDP fell 0.1%. Government spending fell 6.6%, with defense spending down 22.2%, the largest drop since 1972. US Consumer spending rose 0.2% in December as incomes grew the most in… Read More

Jan. 25, 2013

Bank of Canada (BoC) Announcement Timing of an interest rate increases is “less imminent” because of a more muted inflation outlook. BoC expects Canada’s 2012 GDP to fall to 1.9% from 2.2% and 2%… Read More

Jan. 18, 2013

Alberta Investment Management Corp (AIMco) – 2013 Outlook AIMco posted a 10% return in 2012 but is looking for 6% to 6.5% return in 2013. Manages $70 billion of investments around the world. Leo… Read More

Jan. 11, 2013

HEADWINDS FOR ALBERTA OIL AND GAS Bottlenecks in our pipelines, surplus inventories of oil and gas around the world, and the high Canadian dollar are combining to result in substantial discounts on oil shipped… Read More

Jan. 4, 2013

VEHICLE SALES Canadian Federal Government is renewing it’s $250 million car innovation fund for 5 years, the first auto-subsidy program since 2009. Canadians purchased 1.676 million vehicles in 2012 due to low financing costs.… Read More

Dec. 28, 2012

LIQUEFIED NATURAL GAS (LNG) – FUEL OF THE FUTURE? Every investor needs to check out this 2 minute video on LNG, click here to watch. Liquefied Natural Gas takes about 1/600th of the volume… Read More

Dec. 21, 2012

IMPACT OF OIL PRICES ON THE ALBERTA BUDGET Alberta expects to draw down its sustainability fund by about $3 billion to cover this year’s deficit. Finance Minister Doug Horner will present Alberta’s budget in… Read More

Dec. 14, 2012

MANPOWER REPORT – CANADIAN Q1 2013 HIRING More than 1,900 Canadian employers were surveyed, 13% expect to add jobs in Q1 2013. 7% expect to trim jobs and 78% plan to keep staffing levels… Read More

Dec. 7, 2012

EUROPEAN UPDATE Edmonton Consular Corp Luncheon – Werner Wnendt’s comments, New German Ambassador to Canada Germany is committed to making the Euro work and to keep Greece as a member. It will take a… Read More

Nov. 30, 2012

ALBERTA Q2 FISCAL UPDATE Year to date employment is ↑ 2.8% while population is expected to ↑3.7% this year. Retail sales are ↑ 9% in the first 8 months of 2012. Global energy price… Read More