10 Second Headlines

CANADIAN EMPLOYMENT – A STRONG 2019 Canada added 35,200 jobs in December vs 25,000 expected. Unemployment rate 5.6% vs 5.9% in November 57,000 employees were added in the private sector and 22,000 jobs lost… Read More

A LOOK AT MARKET RETURNS SINCE 2017, ANNUAL AND 3 YEAR AVERAGE NASDAQ: 2017 = 28.24%; 2018 = -3.88%; 2019 = 35.23%: 3-year average = 22.23% S&P500: 2017 = 19.42%; 2018 = -6.24%; 2019 = 28.88%:… Read More

WISHING YOU A VERY HAPPY HOLIDAY SEASON! 10 SECOND HEADLINES WILL RETURN ON JANUARY 3, 2020 TUNE UP YOUR FINANCIAL PLAN Here are 4 ways to give your financial plan a tune up in… Read More

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

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

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

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

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

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

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