Dec. 14, 2018
HOW DEADLY IS FENTANYL Fentanyl is so potent that only takes a few milligrams to kill a person; 118 pounds of fentanyl can kill 25 million people. Fentanyl is 50x more potent than heroin,… Read More
Dec. 7, 2018
NOVEMBER CANADIAN EMPLOYMENT Employment rose by 94,000; unemployment rate dropped 0.2% to 5.6%, the lowest since comparable data became available in 1976. M/M private sector employees increased by 79,000. Y/Y private sector job increase… Read More
Nov. 30, 2018
ALBERTA ECONOMIC UPDATE Finance Minister Joe Ceci provided Alberta’s Q2 economic update today: Alberta’s debt is $41 billion; Calgary Herald is expecting total debt in-excess of $90 billion by 2023-2024 Provincial deficit 2018-2019 is… Read More
Nov. 23, 2018
ENERGY In the past 10 years, US companies have drilled 114,000 wells in the Texas Permian basin many of which are profitable at US$30 per barrel. 3 new pipelines will be online from the… Read More
Nov. 16, 2018
ENERGY Cdn Assoc. of Petroleum Producers estimates that the deep Western Canadian Select discount is costing Canada approx. $50 million/day for a total of $13 billion in the first 10 months of 2018. Premier… Read More
Nov. 9, 2018
IMPERIAL OIL $2.6 BILLION ALBERTA OIL SANDS Imperial Oil to begin construction in Q4 2018 of the $2.6B solvent-assisted SAGD (steam assisted gravity drainage) Aspen project, located northeast of Fort McMurray. 1st phase 75,000… Read More
Nov. 2, 2018
CHARTERED FINANCIAL ANALYST BREAKFAST, CALGARY, NOVEMBER 1, 2018 The distance between WTI and Western Canadian Select (WCS) is as wide as the distance between Alberta and Ottawa. Dan Tsubouchi, Chief Market Strategist, Stream Asset… Read More
Oct. 26, 2018
ONE-ON-ONE WITH RAFI TAHMAZIAN OF CANOE FINANCIAL From a global perspective, investors are treating Canadian energy companies as if ‘they are in jail’. The carbon tax focuses on the supply / industry side and… Read More
Oct. 19, 2018
NATIONAL BANK FINANCIAL – 2018 ECONOMIC LUNCHEON, OCTOBER 17TH Stéfane Marion – Chief Economist and Strategist Canada has dropped to 12th place vs 10th place Y/Y in the World Economic Forum’s Global Competitiveness Index.… Read More
Oct. 12, 2018
WESTERN CANADIAN SELECT (WCS) ‘DISCOUNT’ – TRAVIS WOOD AND DAN PAYNE, NATIONAL BANK FINANCIAL Western Canadian Select discount is nearly $50 US per bbl vs an historical average of $15. With WTI at $71,… Read More