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Alarm Bells Go Off As 11 Critical Indicators Scream The Global Economic Crisis Is Getting Deeper
Alarm Bells Go Off As 11 Critical Indicators Scream The Global Economic Crisis Is Getting Deeper Economic activity is slowing down all over the planet, and a whole host of signs are indicating that we are essentially exactly where we were just prior to the great stock market crash of 2008. Yesterday, I explained that the […]
Looney Plunges As Canadian GDP Collapses Most Since 2009
Looney Plunges As Canadian GDP Collapses Most Since 2009 Who could have seen that coming? It appears, for America’s northern brethren, low oil proces are unequivocally terrible. Against expectations of a flat 0.0% unchanged September, Canadian GDP plunged 0.5% – its largest MoM drop since March 2009 and the biggest miss since Dec 2008. With Canada’s housing […]
US, Canada, Ukraine reject UN resolution condemning glorification of Nazism; Moscow ‘bewildered’
US, Canada, Ukraine reject UN resolution condemning glorification of Nazism; Moscow ‘bewildered’ A woman covers her face as she and others perform a Fascist salute after attending a mass service outside the basilica in the Valle de los Caidos (Valley of the Fallen) near Madrid November 20, 2011. © Susana Vera / Reuters A UN […]
Poor Quarter for Canada’s Oilfield Services
Poor Quarter for Canada’s Oilfield Services It was a jungle out there for the Canadian oilfield services (OFS) industry in the third quarter of the current fiscal year ended September 30, 2015. For a group of 25 diversified, publicly traded Canadian OFS companies, combined revenue declined 38.5 percent from $6.6 billion in 2014 to only […]
After Paris, there will be no stopping the surveillance state now
After Paris, there will be no stopping the surveillance state now Public surveillance increasing at an ‘accelerating rate,’ researchers say, with Europe leading the way CCTV footage of three British girls catching a flight to Turkey in February to join ISIS dominated the news media for days and likely contributed to the public thirst for […]
Don’t Tell These Ranchers Climate Change Isn’t Real
Don’t Tell These Ranchers Climate Change Isn’t Real The push to make Alberta’s cattle ranges drought resistant. Mac Blades (middle) fellow ranchers Frances Gardner and Gordon Cartwright recently won a long battle to have their drought-resistant heritage rangelands protected from coal bed methane and other energy developments. Photo by Ed Struzik. Among the many pictures […]
Foreign Investors Bail out of Canada’s Money Machine
Foreign Investors Bail out of Canada’s Money Machine First net outflow from Canadian securities since 2008. On first sight, it wasn’t that bad. Statistics Canada reported today that in September, foreign (non-resident) investors purchased C$3.3 billion of Canadian securities – adding C$3.2 billion in equities and C$0.9 billion in bonds to their holdings while getting rid of C$0.8 […]
Fracking Regulation on Trial in Andrew Nikiforuk’s ‘Slick Water’
Fracking Regulation on Trial in Andrew Nikiforuk’s ‘Slick Water’ Ahead of Vancouver Island book tour, author surveys Canada’s latest energy battleground. Andrew Nikiforuk’s new book, Slick Water: Fracking and One Insider’s Stand Against the World’s Most Powerful Industry, is in stores now. Tyee readers are likely well acquainted with Jessica Ernst, the oil patch scientist and […]
‘Northern Gateway Will Never Happen’: Oil Spill Consultant
‘Northern Gateway Will Never Happen’: Oil Spill Consultant Activists cheered Trudeau’s tanker ban Friday for ‘effectively stopping the Enbridge Northern Gateway pipeline.’ Photo by Jackie Dives. Trudeau-ordered ban on north coast oil tankers expected to kill Enbridge pipeline. Conservationists are heralding the federal government’s decision to ban crude oil tanker traffic along British Columbia’s north […]
Seven Ways Climate Change Is Getting Personal in Ontario
Seven Ways Climate Change Is Getting Personal in Ontario From hiking to swimming, sipping to shipping, how shifting weather patterns are changing lives in the province. Ontario storm chaser Mark Robinson says swings in weather have become wilder in recent years. Photo by Mark Robinson. Climate change is hitting home across Ontario, whether you love […]
G20 countries spend $450B a year on fossil fuel subsidies, study says
G20 countries spend $450B a year on fossil fuel subsidies, study says Countries promised in 2009 to phase out ‘inefficient’ fossil fuel subsidies — but progress has been slow The processing facility at the Suncor oilsands operations near Fort McMurray, Alta. A new report from Oil Change International finds that G20 countries are spending $452 […]
“It’s A Bloodbath” – Here Is The Biggest Casualty Of Canada’s Recession
“It’s A Bloodbath” – Here Is The Biggest Casualty Of Canada’s Recession In the past year, we have extensively profiled the collapse of ground zero of Canada’s oil industry, Calgary, as a result of the plunge in the price of oil, in posts such as the following: “Canada Crude Contagion: Calgary Home Prices Drop Most […]
Former BlackBerry Chief on TPP: ‘We’ve Been Outfoxed’
Former BlackBerry Chief on TPP: ‘We’ve Been Outfoxed’ Jim Balsillie says treaty could cost Canada billions and become our worst-ever policy move. Canada’s innovation sector could suffer billions in losses if the Trans-Pacific Partnership is ratified, warns Jim Balsillie, former co-chief executive of BlackBerry-maker Research in Motion Ltd. Jim Balsillie warns that provisions tucked into […]
Keystone XL may be dead. The oilsands probably aren’t
Keystone XL may be dead. The oilsands probably aren’t Low petroleum prices mean new projects are on pause, but existing production won’t disappear The oilsands are producing more than two million barrels per day from long-term projects that are very difficult to shut in. The transport network is like a game of whack-a-mole: One access […]
Militarizing the Arctic: Is Canada Ready for a Literal Cold War with Russia?
Militarizing the Arctic: Is Canada Ready for a Literal Cold War with Russia? Over the past decade, Moscow has been projecting its power, and boldly testing the cohesion and determination of the North Atlantic Treaty Organization (NATO), the European Union (EU), and their closest allies in many different regions either considered unstable or […]
