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Fed chair Yellen tells Canadian homeowners to watch out: Don Pittis
Fed chair Yellen tells Canadian homeowners to watch out: Don Pittis Your mortgage rates are going up, and U.S. Fed chair is pretty specific on how much The financial analysts think they have it figured out. After listening to U.S. Federal Reserve chair Janet Yellen’s speech and her wily answers to questions from reporters, the consensus seems […]
Janet Yellen’s clout today is especially hefty: Don Pittis
Janet Yellen’s clout today is especially hefty: Don Pittis The sense that change is afoot lends power to the U.S. central banker’s words If you live in a cave and survive on nuts, berries and the odd roasted squirrel, what U.S. Federal Reserve chair Janet Yellen says today won’t make much difference to your life. At least not right […]
Mercury levels still rising near Grassy Narrows First Nation, report says
Mercury levels still rising near Grassy Narrows First Nation, report says 50-year-old contamination that was never cleaned up still polluting water and fish, report says Fifty years after a Dryden pulp mill dumped its effluent into a northern Ontario watershed, mercury continues to rise in some lakes, according to a study commissioned by the provincial government […]
Stop oilsands expansion, Canadian and U.S. researchers say
Stop oilsands expansion, Canadian and U.S. researchers say Group cites concerns about carbon pollution, environmental contamination, aboriginal rights More than 100 Canadian and U.S. researchers are calling on Canada to end expansion of its oilsands, for 10 reasons that they describe as “grounded in science.” “Based on evidence raised across our many disciplines, we offer […]
Climate change will push Canadian business onside
Climate change will push Canadian business onside Companies seem conservative today, but just watch when they reach the profitable tipping point Until he lost his shirt in the Dirty Thirties, a relative of mine was an influential businessman in southern Saskatchewan. Among his interests was a livery stable, with a blacksmith, harnesses, buggy whips and everything you needed to keep […]
Busting The “Canadian Bakken” Myth
Busting The “Canadian Bakken” Myth The financial pages of Canadian newspapers have been full of headlines lately announcing the potential of two large shale oil fields in the Northwest Territories said to contain enough oil to rival the Bakken Formation of North Dakota and Montana. The report by Canada’s National Energy Board (NEB) evaluated, for the […]
Difficult to invest in green energy in Canada without Big Oil
Difficult to invest in green energy in Canada without Big Oil Divestiture movement continues as organizations clean carbon holdings from portfolios If you thought the divestiture movement was losing steam, Norway’s recent announcement shows there still is momentum around the world to stop investing in fossil fuels. The country has confirmed that its hefty $900-billion government pension fund, considered the largest sovereign wealth […]
Biometric data collection evolves and expands in Canada
Biometric data collection evolves and expands in Canada Ottawa wants to collect data from visitors of 150 countries, up from the current 30 The federal government’s plan to increase its collection of biometric data from visitors to Canada has been met with concern, but the practice is already a large part of our day-to-day lives. Biometrics measure a person’s unique physiological characteristics — including face, iris, retinal […]
OPEC oil glut is shattering Harper’s superpower dream
OPEC oil glut is shattering Harper’s superpower dream Producers’ brinksmanship has worked, and Canada is cutting production In the battle to see who blinks first, OPEC hasn’t blinked. And it looks like it isn’t going to, as it meets this week in Vienna. Six months ago the Organization of the Petroleum Exporting Countries, led by Saudi Arabia, […]
Canada needs to confront its oilsands ‘challenge,’ German ambassador says
Canada needs to confront its oilsands ‘challenge,’ German ambassador says Observers say Canada and Japan are attempting to block ‘decarbonization’ pledge from G7 declaration Germany’s ambassador to Canada says Ottawa’s new targets to cut carbon pollution mean it will have to tackle the problem of the oilsands. In an interview with CBC News, Ambassador Werner […]
Why Europe can’t let Greek economy crumble: Don Pittis
Why Europe can’t let Greek economy crumble: Don Pittis EU must find solution that does not propose stripping elderly of pensions There are vultures in the financial community snapping their beaks and waiting for a Graccident. If you haven’t heard the term before, Graccident is the latest rhetorical bastardization of the English language after Grexit, wherein you attach the […]
Latest Privacy Revelations Show It’s Up to Canadians to Protect Themselves
Latest Privacy Revelations Show It’s Up to Canadians to Protect Themselves The most important self-help step? Get into encryption Another week, another revelation originating from the seemingly unlimited trove of Edward Snowden documents. Last week, the CBC reported that Canada was among several countries whose surveillance agencies actively exploited security vulnerabilities in a popular mobile web browser […]
The potential bond crisis most people have never heard of
The potential bond crisis most people have never heard of While 007 goes from strength to strength, his financial namesake may be heading for a fall “The name’s Bond,” goes the famous line. But in this case, it’s not James Bond. While nearly everyone knows every detail about the 007 super spy, his lesser-known financial namesake is many times more important. […]
Free speech on the run, even in the home of the brave
Free speech on the run, even in the home of the brave You can offend, sure, and the courts will protect you, but there are consequences Legally protected speech, no matter how offensive, is a glorious and uniquely American invention, a gift to the marketplace of ideas and an example to the world. Coming from […]



