10 Second Headlines

Next Tuesday, Feb 22nd look for a feature article in the National Post on the Angus Watt Advisory Group Highlights from the lunch with the High Commissioner from India + Largest democracy in the… Read More

Fear of Drought + China, the largest global wheat consumer at 17%, is enduring a prolonged drought in 42% of its main growing region. + Afghanistan is being threatened by a serious drought and… Read More

Egypt + Roughly 40% of Egyptians survive on less than $2 per day. + The price of unsubsidized bread rose by 10X in 2008 and the cost of rice doubled in 1 week. +… Read More

Potential Global Inflation or Commodity Inflation? + Canada’s annual inflation rate increased to 2.4% in December due to higher gasoline prices. + US Q4 GDP increased 3.2%, led by consumer spending and trade. +… Read More

Bank of Canada Monetary Policy Report Highlights + The Canadian dollar will stay at parity. + Inflation is expected to reach 2% and “remain well anchored”. + Cdn exporters will battle a strong currency.… Read More

Dave Rosenberg – Comments on Canadian dollar + The C$ will gain at least 20% in the next 5 years, and he believes this forecast will prove to be conservative, not bold. Supported by:… Read More

Canadian Unemployment + Economy added a net 22,000 jobs in December (38,000 full time positions were added and 16,000 part-time were lost). + 66,000 jobs were added in manufacturing. + Only 4 provinces added… Read More

10 Second Headlines will return in its regular format on January 7, 2011 Merry Christmas And Wishing you A Happy Holiday Season!… Read More

Bank of Montreal + Bank of Montreal is acquiring Marshall & Ilsley (M&I) for US $4.1 billion in stock at US$7.75. + Q3 book value of US$9.39, 374 branches, US$38 billion of deposits, and… Read More

Around the World + International Energy Agency increased its forecast for 2011 global oil demand by 260,000 barrels, to 88.8 million barrels a day. + The national apartment vacancy rate decreased to 2.6% (near-record… Read More