10 Second Headlines

Dec. 13, 2019

CANADA Finance Minister Bill Morneau announced his plan to gradually increase the basic personal income tax deduction by about 20% over the next 4 years. The basic personal income tax deduction will be phased… Read More

Dec. 6, 2019

NORTH AMERICA’S JOBS Canada: After holding steady in Oct. employment fell by 71,200 (forecast +10,000). Unemployment rate increased to 5.9% from 5.5%. Quebec lost 45,000 jobs and Alberta lost 18,000. Unemployment in AB rose… Read More

Nov. 29, 2019

CANADA 6 Opportunities to give Canada an edge in the coming year: Stephen Poloz Governor Bank of Canada: Reduce interprovincial trade barriers, the lack of free trade among Canada’s provinces is “absurd” Arlene Dickenson… Read More

Nov. 22, 2019

CANADIAN DEBT LOAD Manulife Bank of Canada survey: 2 in 5 indebted Canadians don’t expect to escape debt in their lifetimes. 94% of respondents say the average household has too much debt 67% of… Read More

Nov. 15, 2019

ALBERTA GOVERNMENT Premier Jason Kenney is addressing western alienation by looking at ways to increase autonomy including opening offices in other provinces and creating a ‘Fair Deal Panel’. The ‘Fair Deal Panel’ has a… Read More

Nov. 8, 2019

PRAIRIE ECONOMIES In 2018 Alberta exported $118 billion (up 16% Y/Y and down 3% from 2014 peak)) worth of goods to other countries. US 87%; China 4%; Japan 2% To August 31, 2019 exports… Read More

Nov. 1, 2019

CANADA More than 1 million Canadians (5.7% of the workforce) are working more than one job, the highest since 1978. Almost 66% have full-time main positions in addition to their part-time positions 6.3% (146,900)… Read More

Oct. 25, 2019

ALBERTA BUDGET 2019 – HIGHLIGHTS 2019-2020 budget deficit is estimated at $8.5 billion and expected to shrink to $5.9 billion 2020-2021; $2.6 billion 2021-2022; and have a $0.6 billion surplus in 2022-2023 as a… Read More

Oct. 18, 2019

CANADA September CPI was down 0.4% M/M (1.9% Y/Y), slightly below expectations. Above the national average: Quebec (2.2%), Manitoba 2.2%, BC (2.4%) Below the national average: Alberta (1.3%) with Edmonton 1.4% and Calgary 1.1%… Read More

Oct. 11, 2019

CANADIAN POPULATION AND EMPLOYMENT GAINS In 2015 Canada’s population was 36,026,676 vs today 37,503,170; equivalent to 0.49% of global population, now ranked 39 in the world. (Alberta population 2015 was 4,144,491 vs 4,371,316 July… Read More