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TransCanada announces major contract for Energy East pipeline
TransCanada announces major contract for Energy East pipeline Project is controversial, with Montreal and nearby mayors opposed on environmental grounds TransCanada’s proposed pipeline project would carry 1.1 million barrels a day from Alberta through Quebec to an export terminal in Saint John. (Canadian Press) (Note: CBC does not endorse and is not responsible for the […]
Vancouver Real Estate Goes Full-Retard; Average Home Price Now $1.8 Million
Vancouver Real Estate Goes Full-Retard; Average Home Price Now $1.8 Million Last week we identified a “bargain” in Canadian real estate. As you might recall, the Canadian economy is in a bit of a tailspin, and that goes double for the country’s dying oil patch. Indeed, we’ve documented Alberta’s painful experience with slumping crude exhaustively, noting that […]
Meridian credit union offers 1-year mortgage at 1.69%
Meridian credit union offers 1-year mortgage at 1.69% Spring mortgage wars start early, as member-owned lender makes new low offer to homebuyers Meridian credit union just offered a one-year mortgage at 1.69 per cent. (Daniel Munoz/Reuters) Alternative lender Meridian has launched the first shot in the spring mortgage wars with a one-year fixed mortgage rate […]
Psst, Trudeau: IMF Now Pegs Our Fossil Fuel Subsidies at $46 Billion
Psst, Trudeau: IMF Now Pegs Our Fossil Fuel Subsidies at $46 Billion Fastest way to transition Canada to a green economy? Quit the giveaways. According to IMF economists, Canadian carbon-based fuels should be taxed an additional $17.2 billion annually to compensate for climate change. Oil photo via Shutterstock. Justin Trudeau has a problem. How can Canada meet […]
Once Unstoppable, Tar Sands Now Battered from All Sides
Once Unstoppable, Tar Sands Now Battered from All Sides Canada’s tar sands industry is in crisis as oil prices plummet, pipeline projects are killed, and new governments in Alberta and Ottawa vow less reliance on this highly polluting energy source. Is this the beginning of the end for the tar sands juggernaut? In the summer of […]
Do Canadians Want To Stay In The Oil Business?
Do Canadians Want To Stay In The Oil Business? The Canadian oilpatch is facing unprecedented challenges from uncontrollable forces outside our borders where oil prices and the vast majority of supply and demand are determined. There are a variety of variables. A light tight oil boom in the U.S. adding production in volumes not so […]
CBC adopts SecureDrop to allow for anonymous leaks
CBC adopts SecureDrop to allow for anonymous leaks Encrypted technology allows users to anonymously share files, messages online without being tracked CBC’s SecureDrop is a web-based system that allows whistleblowers to confidentially reach our journalists, including those who work in investigative units across Canada and on our leading programs. (Getty images) Dave Seglins is a […]
Pipeline Reforms ‘Great Step’ but Don’t Account for Most Emissions, Say Climate Critics
Pipeline Reforms ‘Great Step’ but Don’t Account for Most Emissions, Say Climate Critics Does ignoring downstream impacts export Canada’s responsibilities? Canada’s minister of the environment and climate change Catherine McKenna at the COP21 climate summit in Paris, France in December. Photo by Mychaylo Prystupa. The Trudeau government’s newly announced reforms to pipeline environmental assessments still fail […]
Mainstream Media, Economists Mock “Cash Hoarding” Canadian ‘Savers’
Mainstream Media, Economists Mock “Cash Hoarding” Canadian ‘Savers’ With grocery prices surging, amid the collapsing currency, the powers that be appear to have turned to their mainstream media puppets to initiate the ‘mocking’ propaganda of the banks against an increasingly fearful Canadian citizenry (especialy those under 35) who are hoarding cash. With the Canadian people losing faith […]
Alberta Loses Most Jobs In 34 Years As Oil Crunch Cripples Labor Market
Alberta Loses Most Jobs In 34 Years As Oil Crunch Cripples Labor Market Times are tough in Alberta and to be sure, we’ve piled it on heavy when it comes to cataloguing the long list of pitiable outcomes that have accompanied crude’s steep slide. The province is at the center of Canada’s dying oil patch […]
Telecoms Must Defend Our Privacy, Court Confirms
Telecoms Must Defend Our Privacy, Court Confirms Ontario decision orders companies to represent subscribers’ interests. Court ruled law enforcement’s request for thousands of subscribers’ cell phone records breached Canadian Charter rights. Anonymous photo via Shutterstock. In today’s communications driven world, no one collects as much information about its customers as telecom companies. As subscribers increasingly rely on […]
‘Footprint Rationalization’: Sears adds to Woes of Canada’s Malls
‘Footprint Rationalization’: Sears adds to Woes of Canada’s Malls The industry spirals into turmoil. After bouts of store closings that started in 2013, Sears Canada has about 95 department stores, 10 outlet stores, and 40 home stores left. Now, according to the Globe and Mail, it will close even more stores. It’s been tough for brick-and-mortar […]
Militarizing Police Does Not Serve Or Protect Canadian Citizens
Militarizing Police Does Not Serve Or Protect Canadian Citizens This week, we learned that the Toronto Police Service will be ordering C8 carbine semi-automatic assault rifles for front-line police officers. The assault rifles, produced by arms manufacturer Colt Canada for the Canadian Forces, will cost $2,500 each, and will be in patrol cars on the streets […]
Inflation in Canada ticks up to 1.6% in December on higher food prices
Inflation in Canada ticks up to 1.6% in December on higher food prices Food prices are increasing at more than twice the overall inflation rate, Statistics Canada says. (Shutterstock ) The cost of living in Canada went up by 1.6 per cent in December due to higher prices for food, shelter and transportation. Statistics Canada reported […]
