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Tag Archives: canada
‘Biggest El Niño of our generation’ may be tempered by The Blob
‘Biggest El Niño of our generation’ may be tempered by The Blob Climatologists unsure of outcome of battle of ‘Godzilla’ El Niño vs. the Pacific Blob For many drought-weary Californians, it has become the ‘Great Wet Hope.’ Bill Patzert, a climatologist with NASA’s Jet Propulsion Laboratory in Pasadena, has given it a less enthusiastic nickname. “This […]
Canada “Getting Clocked” by Something Far Bigger than Oil
Canada “Getting Clocked” by Something Far Bigger than Oil Canada is likely in a technical recession, after the economy shrank for the first five months of the year. It’s heavily dependent on commodities. The oil bust and the broader commodity rout have been blamed liberally. The theory goes that the problem is contained. The oil […]
Where Do I Store My Wealth?
Where Do I Store My Wealth? International diversification of wealth (no matter how large or small) can save your economic freedom. Although most of our readers thoroughly understand this concept, one of the most oft-heard concerns is that, by offshoring assets, one may not be able to get to them as easily as they […]
Students federation says N.L. grant plan should be adopted nationally
Students federation says N.L. grant plan should be adopted nationally The Canadian Federation of Students wants to put growing education debt on the federal election radar and says other governments should follow Newfoundland and Labrador’s shift to student grants instead of loans. Provincial student loans now replaced with grants in N.L. “We have a crisis […]
The Crisis Is Spreading: China, Australia, Brazil, Canada, Sweden…
The Crisis Is Spreading: China, Australia, Brazil, Canada, Sweden… Earlier today, we posted an excerpt from IceCap Asset Management’s latest letter to investors focusing on the farce that is the Greek bailout #3, which can be summarized simply by the following table… … and Keith Dicker’s assessment which was that “for Greece, it’s mathematically impossible to repay […]
Canadian Supreme Court’s top judge dismisses activist label
Canadian Supreme Court’s top judge dismisses activist label CALGARY, Alberta (Reuters) – Supreme Court of Canada Chief Justice Beverley McLachlin brushed off criticism on Thursday that her court, which has clashed with Prime Minister Stephen Harper, has been too activist. McLachlin, the court’s longest-serving chief justice, has presided over numerous decisions that reversed Parliament’s decisions, and […]
Canada Pension Plan Swings To A Loss After Record-Breaking Profits Last Year
Canada Pension Plan Swings To A Loss After Record-Breaking Profits Last Year TORONTO — The CPP Fund had a small investment loss in its most recent quarter but the retirement fund’s assets increased by $4 billion overall because of contributions from the Canada Pension Plan. The Canada Pension Plan Investment Board says the CPP Fund had $268.6 billion of […]
Alberta climate-change panel to consult before taking action
Alberta climate-change panel to consult before taking action Environment Minister Shannon Phillips takes step toward ‘made in Alberta’ plan Alberta’s NDP government took a first step toward a new climate change strategy Friday, but made it clear that new emissions targets and the policies to implement them will have to wait until the end of a […]
Rejecting TPP a Matter of Human Rights
Rejecting TPP a Matter of Human Rights Trade deal would put Canada in consort with nation plagued by trafficking, aggressive corps Forget about the dairy farms and supply management. The real reasons Canada should withdraw from its unseemly flirtation with the Pacific Rim trade deal are that it would formalize a trade relationship with a […]
Oil storage tanks filled to levels not seen in 80 years
Oil storage tanks filled to levels not seen in 80 years U.S. oil inventories at levels not seen in at least 80 years North American oil prices could take a hit this fall as there are renewed concerns about a lack of storage capacity. A recent report by the U.S. Energy Information Agency suggests crude […]
Austrians vs. The World On Canadian Fiscal Austerity
Austrians vs. The World On Canadian Fiscal Austerity I don’t know whether this is something the average Canadian discusses over coffee, but the sharp fiscal turnaround in the mid-1990s is still providing fodder for today’s economists to argue. In September 2014, I summarized the Canadian budget triumph, in which the federal government turned its deficit into […]
Kinder Morgan pipeline review by NEB loses 35 participants over ‘flawed’ process
Kinder Morgan pipeline review by NEB loses 35 participants over ‘flawed’ process ‘We can’t abide by the system any more. It’s too flawed,’ says former participant Dozens of participants have dropped out of the controversial National Energy Board review of Kinder Morgan’s proposed Trans Mountain pipeline expansion, saying they can no longer support a “biased” and “unfair” process. Thirty-five […]
LNG Project Would Affect ‘Grand Central Station’ for Salmon, Researchers Say
LNG Project Would Affect ‘Grand Central Station’ for Salmon, Researchers Say Science letter asks gov, industry to acknowledge ‘full impacts’ of BC project. The proposed Pacific Northwest LNG project and related pipelines located at the mouth of the Skeena River in northern British Columbia would affect more than 40 different salmon populations harvested in at […]
Oilsands companies feel the pain as Canadian oil price falls
Oilsands companies feel the pain as Canadian oil price falls Alberta companies at break-even point or losing money as heavy crude sinks below $24 US a barrel A drop in Canadian oil prices this week means companies in Alberta’s oilsands are breaking even or losing money on their operations. Currently, oilsands companies are receiving about […]
How Leadnow Will Push Strategic Voting to Defeat Tories
How Leadnow Will Push Strategic Voting to Defeat Tories To avoid splits, organization asks supporters: ‘Vote with your head, not just your heart.’ On the opening afternoon of the Vancouver Folk Festival, a young woman wearing a purple Leadnow T-shirt approached folkies at the event’s main gate and asked them to sign The Pledge. As […]
