Aug. 24, 2018
Canada In Q2 2018 over 11% of Canada retail spending was on gasoline vs 8% in the US, the widest variance on record. Depreciation of the Canadian dollar has had the effect of increasing… Read More
Aug. 17, 2018
Canada Canada’s July CPI rose 3% Y/Y vs 2.5% June Y/Y; led by energy prices up 14.2% Y/Y. Alberta’s July inflation 3.5% Y/Y. Moody’s stress tested Canadian banks assuming an 11% default rate on… Read More
Aug. 10, 2018
Alberta Public Sector: Fraser Institute August 2018 Public sector employees in Alberta earned 9.6% more than their private sector counterparts in 2017. Public sector employees retire an average of 1.7 years earlier, are less… Read More
August 3, 2018
Oil Benchmark NY oil prices averaged $67.97/barrel in Q2 2018 vs $48.33/barrel Q2 2017. The Petroleum Services Association of Canada (PSAC) says Canadian companies are not able to gain from higher world prices because… Read More
July 27, 2018
Canada 18% of home buyers cannot pass new mortgage stress test at 5.50% interest. Toronto was the fastest-growing tech-job market in North America during 2017, adding 28,900 tech jobs for a total of more… Read More
July 20, 2018
Canadian inflation and retail sales Canadian CPI rose to 2.5% Y/Y (highest since 2012) vs 2.3% expected. 2.8% in AB, 2.7% BC, 2.4% ON, and 2.0% in QC. Overall, uptick in prices is consistent… Read More
July, 6, 2018
Employment data Canada added 31,800 jobs in June (22,700 part-time) vs 20,000 expected; unemployment rate 6% vs 5.9% in May. Alberta added 2,000 jobs in June; added 2,900 part-time and lost 900 full-time; unemployment… Read More
June 29, 2018
Enbridge Line 3 Minnesota Public Utilities Commission (MPUC) approved Enbridge’s Line 3 Replacement project, including their preferred route. Enbridge reaffirmed expected in-service date of H2 2019 for the 1,600km project. Line 3 will restore… Read More
June 22, 2018
Marijuana Justin Trudeau set Wednesday, October 17 as the date recreational marijuana will become legally available after a 95-year prohibition. The House of Commons accepted some earlier Senate amendments while rejecting a contentious one… Read More
June 15, 2018
David Dodge: Bennett Jones – Spring 2018, Economic Outlook Global expansion will continue well into 2019, supported in the US by consumer and business confidence. Ten year US bonds will peak at 3.5%. The… Read More