10 Second Headlines


Global View of the Canadian dollar – Higher or Lower? + Canada is a safe-haven currency given our stable monetary and fiscal policy. + Canada’s resource base is ensuring our participation in the global… Read More


Quebec’s Response in our 9th Step of Economic Recovery + The budget announced this week introduced new sources of revenue and tighter control of spending. + A second 1% increase will bring QST to… Read More


Interest Rates + Average Prime Rate in Canada for the past 10 years is 4.87%, currently prime is 2.25%, the lowest rate in the past 10 years. + Average posted 5 Year Mortgage Rate… Read More


China + 1 in 2 Chinese are unhappy over inflation . Premier Wen Jiabao said that inflation, along with income inequality and corruption could upset social stability and undermine the power of the state.… Read More


Ottawa + Federal Government has opened up access to foreign investment in the telco sector. BCE, Rogers, and TELUS have become more attractive to foreigners. United States + Household and business sectors continue to… Read More


US Productivity Productivity of the US worker surged 6.9% in Q4 2009, largest one year gain since 2002. Size of the workforce is no larger today than in September 1999, yet the economy is… Read More


US Consumer February Consumer Confidence down 10.5 to 46 (average 71). New Home Sales hit a record low 309,000 annualized, breaking the March ‘09 low of 332,000. Existing Home Sales down 7.2% in January.… Read More


Up close with Dennis Gartman

My partner, Jane Alm, had a chance to meet with Dennis Gartman this week. The following are the key points from their meeting:

10 Second Headlines for the Week – 12-Feb-2010

Canadian Housing Bubble

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  • Finance Minister Jim Flaherty is being pressured to do any or all of the following: increase minimum down payments, reduce amortization, and tighten lending… Read More

10 Second Headlines for the Week – 05-Feb-2010

US Economy President Obama proposed $3.83 trillion budget ($1.56 trillion deficit), recommended increasing taxes on energy, banks, and families earning more than $250,000. US defense spending is about 75% of the country’s personal income… Read More