10 Second Headlines

June Employment Canada lost 2,200 jobs vs expected gains between 4,000 and 10,000. Unemployment was 5.5% vs 5.4% in May Average earnings up 6.5% over the past 6 months Alberta added 10,000 jobs, driven… Read More

Canada Canadian GDP grew by 0.3% in April vs 0.5% in May lead by a 11% gain in oilsands extraction. Canadian canola stockpiles have reached their highest level since 1980 in March. China has… Read More

ENERGY AND ENVIRONMENT The Federal Cabinet has approved the construction of the Trans Mountain Pipeline expansion. The pipeline will stretch 1,150km from Edmonton to Burnaby; increase shipping capacity by 590,000 bpd (15% increase to… Read More

CANADA 90% of Canadians report falling for fake news, many citing Facebook as the source. The average net worth of Albertan households was $787,849 in 2018, behind BC and Ontario. The federal government is… Read More

WORLD ENVIRONMENT DAY – JUNE 5th A University of Victoria study found: Americans ingest an estimated 74,000 to 121,000 microplastic particles annually (≤5mm) based on only 15% of the average diet People who drink… Read More

INCREASING NUMBER OF WORKING CANADIANS ON LONG-TERM DISABILITY:  RBC Insurance, World Health Organization (WHO), SAGE Open Canadians… 68% have some experience with time off work due to disability. 50% have either workplace or personal disability… Read More

Debt in North America Approximately 38% of mortgages held by Canadian seniors (over 65) at the end of 2018 were more than 90 days delinquent. Canadian household debt hit a record 178.5% Q4 2018.… Read More

WELCOME We’re excited to be adding to the Angus Watt Advisory Group! Chris Schoonderwoerd, CFP®, Investment Advisor, has joined us, bringing over 20 years of experience! He and his associate, Kira March, are great… Read More

CANADIAN EMPLOYMENT Canada added 106,500 jobs in April vs 11,600 expected. Unemployment rate 5.7% April vs 5.8% March Alberta added 21,000 jobs; unemployment rate 6.7% vs 6.9% Edmonton added 400 jobs; unemployment rate 6.0%… Read More

CANADIAN AGRICULTURE China is the number one customer for Canadian exports of canola (30%), soybeans (60%), peas (67%). An expanding list of Canadian farm exports are being hit by obstacles at Chinese ports including… Read More