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“We Made Mistakes”: France Changes Tone On Yellow Vests As Movement Hits Canada
“We Made Mistakes”: France Changes Tone On Yellow Vests As Movement Hits Canada The Macron government has changed its tone after five straight weeks of violent “Yellow Vest” demonstrations across the country. On Sunday Prime Minister Édouard Philippe admitted to Les Echoes newspaper that mistakes were made in the handling of the protests, and that a dialogue is […]
Canada to Pay Heavy Price for Trudeau’s Groupie Role in US Banditry Against China
Canada to Pay Heavy Price for Trudeau’s Groupie Role in US Banditry Against China You do have to wonder about the political savvy of Canadian Prime Minister Justin Trudeau and his government. The furious fallout from China over the arrest of a senior telecoms executive is going to do severe damage to Canadian national interests. […]
Slipping Rig Count Can’t Keep Oil Prices From Falling
Slipping Rig Count Can’t Keep Oil Prices From Falling Baker Hughes reported a 4-rig decrease for oil and gas in the United States this week—a loss in rigs for the third week in a row. The four-rig decline was all on the oil-rig side, with gas rigs holding steady. The total number of active oil […]
Vancouver Home Prices Turn Negative, First Time Since 2013
Vancouver Home Prices Turn Negative, First Time Since 2013 The sudden shift in the Vancouver housing market has been well documented. In November, home sales across all property types sank to a ten year low for the month. The drop is rather unprecedented considering the current economic backdrop suggests unemployment across Canada has plunged to […]
Are The YELLOW VEST Protests Coming To CANADA? (With G. Edward Griffin)
Are The YELLOW VEST Protests Coming To CANADA? (With G. Edward Griffin) The Prime Minister of Canada Justin Trudeau is planning to dramatically increase taxes on carbon emissions to combat climate change…he plans to set a national price on carbon emissions of $7.5 a ton rising to $37.50 by 2022! Similar tax hikes have caused […]
Beijing Threatens “Severe” Retaliation Against Canada If Huawei CFO Is Not Released
Beijing Threatens “Severe” Retaliation Against Canada If Huawei CFO Is Not Released Canada’s extraordinary arrest one week ago of Huawei CFO Meng Wanzhou, the daughter of Huawei founder and billionaire executive Ren Zhengfei, and its decision to charge her with “multiple” counts of fraud – a preamble to her likely extradition to the US to […]
Dear Canada, WTF?
Dear Canada, WTF? Just hours ago, The Bank of Canada held rates steady and complained about various internal and external factors that were negatively impacting the Canadian economy… Holding rates unchanged at 1.75%, the BOC cited almost everything that has gone wrong: moderating global growth, a “materially weaker” outlook for the oil sector, a faster-than-expected […]
China Outraged At Arrest Of Huawei CFO, Warns It Will “Take All Measures”
China Outraged At Arrest Of Huawei CFO, Warns It Will “Take All Measures” So much for a trade war truce between China and the US, or a stock market Christmas rally for that matter. Shortly after the news hit that Huawei CFO Wanzhou Meng — also deputy chairwoman and the daughter of Huawei’s founder — […]
Trade Truce? Think Again: Canadian Authorities Arrest CFO of Huawei Technologies
Trade Truce? Think Again: Canadian Authorities Arrest CFO of Huawei Technologies At the request of the US, Canadian Authorities arrest Meng Wanzhou, CFO of Huawei Technologies, over Iran sanctions viol Trade Truce? Deal with China in 90 days? Think again on both counts: Canadian Authorities Arrest CFO of Huawei Technologies at U.S. Request A spokesman […]
Loonie Slumps As Bank Of Canada Folds On Economic Enthusiasm
Loonie Slumps As Bank Of Canada Folds On Economic Enthusiasm Amid near-record-low Canadian crude prices and a housing crisis, The Bank of Canada appears to have finally given up its narrative that ‘everything is awesome’. The BoC walked back much of its enthusiasm about the nation’s outlook in a decision that kept interest rates unchanged, […]
Alberta’s Problem Isn’t Pipelines; It’s Bad Policy Decisions
Alberta’s Problem Isn’t Pipelines; It’s Bad Policy Decisions Bitumen prices are low because the province has ignored at least a decade of warnings. In 2007, an Alberta government warned that bitumen prices could eventually fall so low that the government’s royalty revenues — critical for its budget — would be at risk. Photo via Government […]
Is This The Next Disaster For Canadian Drillers?
Is This The Next Disaster For Canadian Drillers? The government of Alberta this week took an unprecedented decision to enforce a crude oil production cut so excess inventories could be shrunk and the price of western Canadian grades could improve, but the industry’s problems are far from over. They will be among the hardest hit […]
Alberta Intervenes To Halt Canada’s Oil Crisis
Alberta Intervenes To Halt Canada’s Oil Crisis Oil prices rose on Monday, buoyed by coordinated production cuts – cuts that did not come from Vienna (although that too could occur later this week). Instead, the mandatory reductions were handed down by the provincial government of Alberta. “Perhaps OPEC should therefore consider inviting Canada to its […]
Alberta Orders “Unprecedented” Oil Output Cut To Combat Crashing Prices
Alberta Orders “Unprecedented” Oil Output Cut To Combat Crashing Prices While just a few hundred miles south, WTI is flirting with the one year low price of $50/barrel, Canada’s oil-producing hub, Alberta, would be ecstatic to have its oil trade at anything even remotely close to this level. As we reported recently, Canadian oil producers […]
Canada’s Treacherous “Faustian Bargain”
Canada’s Treacherous “Faustian Bargain” Canadian Prime Minister Justin Trudeau, it seems, adheres to the principle of globalism, according to which the world is borderless, and the idea of sovereign nation-states is both reactionary and obsolete. In this borderless world, the governing body is the unelected, untransparent, unaccountable and deeply corrupt United Nations and its agencies, […]
