Sep. 11, 2020
6 MONTHS AGO COVID-19 WAS DECLARED A GLOBAL PANDEMIC…WHERE ARE WE NOW? March 11, 2020 the World Health Organization declared COVID-19 as a global pandemic. 28,449,884 cases as of September 11th 915,535 deaths (led… Read More
Sep. 4, 2020
CANADIAN AUGUST EMPLOYMENT Canada 246,000 jobs in August vs 240,000 expected. Canadian employment is now within 1.1 million of pre-COVID February level Full time jobs were up 206,000 Women added 150,000 new jobs; men… Read More
Aug. 28, 2020
ALBERTA FISCAL UPDATE – AUGUST 2020 Budget deficit forecast at $24.7 billion vs $7.3 billion in February. 70% of the deficit is due to a weaker revenue picture, revenue is down 23% vs February.… Read More
Aug. 21, 2020
IMPACT OF A BIDEN VICTORY – ANGELO KATSORAS, GEOPOLITICAL ANALYST, NATIONAL BANK FINANCIAL If the Democrats win the Presidency and the Senate they would be able to pass legislation more quickly. For example: taxation,… Read More
Aug. 7, 2020
SPECIAL COMPARISON OF CA AND US LABOUR STATS FOR JULY,2020 Canada has regained 55% of jobs lost, peak jobs lost 3,005,000, recovered 1,661,000 US has regained 42% of jobs lost, peak jobs lost 22,160,000,… Read More
Jul. 31, 2020
ENERGY AND THE ENVIRONMENT Canada’s May crude-by-rail shipments fell to 58,048 barrels per day (vs peak of 412,000 bpd in February), the lowest in 4 years. Shell Oil CEO says that “demand will take… Read More
Jul. 24, 2020
ANGUS WATT ADVISORY GROUP SUMMER UPDATE 2020 Market momentum is due to continued support from the Federal Reserve and other central banks. Wearing masks can allow the economy grow at 90% of capacity. COVID-19… Read More
Jul. 17, 2020
CONTINUING SUPPORT FOR THE CANADIAN ECONOMY Canadian Federal Government is providing provinces and territories with $19 billion in direct transfers for a ‘safe restart’ of the economy. Funding focuses on 7 priority areas: $4.2… Read More
Jul. 10, 2020
CANADIAN JUNE EMPLOYMENT DATA Canada added 953,000 jobs in June vs 700,000 expected (488,000 full-time & 465,000 part-time). Unemployment rate 12.3% vs 13.7% in May 400,000 fewer people were working from home in June… Read More
Jul. 3, 2020
ALBERTA REBOOTING ECONOMY – SUMMARY COURTESY OF CATHERINE KEILL, KEILL & CO At the height of the pandemic, 85% of businesses representing 96% of Alberta’s economy continued operating. Current unemployment rate is 15%. Lowering… Read More