10 Second Headlines

Oct. 14, 2011

Awakening of a Giant? – Stefane Marion, National Bank Financial China currently has more than $3 trillion in foreign reserves. If they are serious about letting their currency float in the next 5 years,… Read More

Oct. 7, 2011

Oil from Canadian Oil Sands is ‘dirtier’ than Conventional Oil – Guardian News and Media Limited Europe has all but banned oil from the oil sands and has cast doubt on the importation of… Read More

30-Sept-2011

National Bank Financial Chief Economist, Stefane Marion Stefane Marion was in Alberta this week. The following are the highlights of his speech. If you would like a copy of the full speech, please email… Read More

23-Sept-2011

Europe Finance chiefs from the G20 pledged a “strong and co-ordinated international response” to the challenges facing the global economy. European Central Bank could cut rates at their next meeting on October 6th. EU… Read More

16-Sept-2011

Banks & Interest Rates The US Federal Reserve, Bank of England, Bank of Japan, European Central Bank and Swiss National Bank have agreed to a three month, fixed rate, US dollar liquidity injection in… Read More

9-Sept-2011

President Obama Address to Congress September 8, 2011 $447 billion jobs plan. 60% from tax cuts and 40% spending – all to be ‘paid for’ and not added to deficit. Tax cuts are for… Read More

2-Sept-2011

White House Downgrades Economic Outlook in Mid-Year Review GDP growth for 2011 expected at 1.7%, revised down from 2.7%, and 2012 at 2.6% vs 3.6%. Budget deficit is expected to decline to 6.1% of… Read More

26-Aug-2011

Bernanke sends a wake-up call to Congress + Fed Chair stated clearly that he will remain sensitive to further deterioration in the economic outlook and that the Fed is prepared to employ more measures… Read More

19-Aug-2011

Canadian Banks – Foreign Exposure + As of December 31, 2010 only about 6% of the system total assets are related to Europe. + Any losses accruing to Canada’s banks from the debt work-outs… Read More

12-Aug-2011

NBF Report on Global Water Crisis – China & India For a copy of this report, please contact us at james_angus.watt@nbf.ca + “Unlike poverty, this is not a problem China and India can simply… Read More