10 Second Headlines

Global Business Forum, Banff (September 27-28, 2018) Ambassador David McNaughton, Canadian Ambassador to the United States: The purpose of NAFTA was to make our 3 countries more competitive globally. Trade has increased 9 fold… Read More

Impact of the US mid-term elections on November 6, 2018 Currently the Republican party has a majority in both the US Senate and House of Representatives. There are 435 seats in the House of… Read More

Employment in Alberta (Source: The Owl) 17% of all workers in Alberta are self-employed vs 9% in 2017. Is this indicative of a challenging job market or is this Alberta’s entrepreneurial spirit? Alberta’s youth… Read More

“Canada closed for business with Bill C69” – Alberta Senator Doug Black Federal Government is rewriting the rules for approving national resource projects (bill C-69) creating the ‘Impact Assessment Agency of Canada’. Ontario and… Read More

NAFTA Canada-US NAFTA negotiations have broken off without agreement, talks will resume Wednesday, September 5th. Example of pricing differences for items that fall under the Canadian supply management umbrella compared to US prices. Prices… Read More

Canada In Q2 2018 over 11% of Canada retail spending was on gasoline vs 8% in the US, the widest variance on record. Depreciation of the Canadian dollar has had the effect of increasing… Read More

Canada Canada’s July CPI rose 3% Y/Y vs 2.5% June Y/Y; led by energy prices up 14.2% Y/Y. Alberta’s July inflation 3.5% Y/Y. Moody’s stress tested Canadian banks assuming an 11% default rate on… Read More

Alberta Public Sector: Fraser Institute August 2018 Public sector employees in Alberta earned 9.6% more than their private sector counterparts in 2017. Public sector employees retire an average of 1.7 years earlier, are less… Read More

Oil Benchmark NY oil prices averaged $67.97/barrel in Q2 2018 vs $48.33/barrel Q2 2017. The Petroleum Services Association of Canada (PSAC) says Canadian companies are not able to gain from higher world prices because… Read More

Canada 18% of home buyers cannot pass new mortgage stress test at 5.50% interest. Toronto was the fastest-growing tech-job market in North America during 2017, adding 28,900 tech jobs for a total of more… Read More