10 Second Headlines

CANADA Canadian Q4 GDP grew at 0.4% annualized vs 1% expected. Consumption stalled, government spending, business investment and residential investment all negatively impacted growth. Canadian January CPI up 0.1% M/M (1/4% Y/Y) in line… Read More

ALBERTA Alberta signed $3.7 billion of contracts with CP and CN to lease 4,400 rail cars to ship 120,000 boe/d of crude with the first shipments expected in July 2019. Sales of the Crude… Read More

ENERGY First Nations say that the Province of Alberta “has no jurisdiction over their lands and resources and the decision regarding oil curtailment does not apply to their oil and gas operations”. IEA is… Read More

CANADA Alberta lost 16,000 jobs in January (lost 14,600 full time and 900 part time), second consecutive decline. Unemployment rate 6.8% vs 6.4% M/M Edmonton unemployment rate 6.4% vs 6.3% M/M Calgary unemployment rate… Read More

PRESENTATION TO STRATHCONA COUNTY COUNCIL, JANUARY 30, 2019  – BY ANGUS WATT ADVISORY GROUP $40 billion of capital has already been invested in the Alberta Industrial Heartland (AIH) and potentially, an additional $30 billion… Read More

CANADA’S HOUSING AFFORDABILITY – NATIONAL BANK FINANCIAL JANUARY 2019 Q4 affordability worsened for a 14th consecutive quarter Only 2 cities improved (Calgary and Edmonton) Vancouver affordability deteriorating; house prices dropped but were offset by… Read More

CANADA National Bank Financial Banking Sector Review (January 13, 2019) Mortgage growth slowed sharply in 2018, November was a 20 year low, due to higher interest rates and stricter regulations Higher loan loss reserves… Read More

CANADA National Bank Financial Chief Economist and Strategist, Stéfane Marion, spoke at the Canadian Economic Club on January 9, 2019. Click here for the full report. Over the past decade workers aged 55+ have… Read More

SAVING FOR RETIRMENT IS NOT TOP PRIORITY FOR CANADIANS (Investment Executive) 6% of Canadians have saving for retirement as a priority vs 7% prioritizing saving for a vacation. 12% said growing wealth is a… Read More

Wishing you a very happy Holiday Season! 10 Second Headlines will return on January 4, 2019 CANADA Alberta’s 2018 potato production is now in excess 2.23 billion pounds, virtually the same as PEI. Alberta’s… Read More