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Senators Walloped with ‘Intense’ Amount of Anti-C-51 Email
Senators Walloped with ‘Intense’ Amount of Anti-C-51 Email Words like ‘horrified’ and ‘terrified’ came up frequently, they report. Many senators say they’ve been stunned by the overwhelming flood of email they’ve received over C-51, the highly controversial Harper government security bill that passed a Senate vote earlier in the month. The vast majority of the […]
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 […]
Another 4.4 Magnitude Industry Reported Quake in Alberta
Another 4.4 Magnitude Industry Reported Quake in Alberta Chevron shuts down operations following seismic event near Fox Creek. Chevron Canada has confirmed that “a magnitude 4.4 seismic event was recorded by seismic monitoring arrays operated by Chevron Canada and Natural Resources Canada” in the Duvernay shale near Fox Creek, Alberta on Saturday. It’s the second […]
Manufacturing in Canada Sags, Triggers Chilling References to Financial Crisis
Manufacturing in Canada Sags, Triggers Chilling References to Financial Crisis It’s also happening in the US, but it’s much worse in Canada. In the US, May industrial production dropped “unexpectedly,” as it was roundly called on Monday, by 0.2%, according to the Federal Reserve. The index value has now dropped from month to month since December, […]
As Harper Stalls on Climate, Canada Moves Without Him
As Harper Stalls on Climate, Canada Moves Without Him Students, provinces, investors and unions are taking action. How long can he ignore it? One of the first things Stephen Harper did after winning a majority in 2011 was to build a system of levees around the Prime Minister’s Office. They weren’t physical levees, of course, […]
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 […]
Is Canada Next?
Is Canada Next? “All of that negative news has kind of put a downer on consumer sentiment,” is how Jharonne Martis, director of consumer research at Thomson Reuters, explained the crummy consumer confidence reading on Friday. The Thomson Reuters/Ipsos Canada Primary Consumer Sentiment Index haddropped to 51.6, the lowest so far this year and well below […]
How Harper Put Canada Massively in the Red
How Harper Put Canada Massively in the Red He ate up a huge federal surplus, piled up six deficits. This PM wants to run on fiscal smarts? Last in series In the run up to the 2015 federal election, the Harper government will try to convince Canadians that the prime minister and his crew have […]
Logging Plans Could Rekindle BC’s War in the Woods
Logging Plans Could Rekindle BC’s War in the Woods Teal Jones marked our ‘no-go zone’ for clear-cut. Here’s what happens next. Eight months ago, a hiker and friend of our organization found new surveying tape in the central Walbran Valley. There, centred around the iconic Castle Grove, stands one of the largest intact tracts of […]
Should Stephen Poloz be more worried about the Canadian economy?
Should Stephen Poloz be more worried about the Canadian economy? Blandly reassuring, is Bank of Canada governor really ready if something bad happens? I hope Bank of Canada governor Stephen Poloz was putting on a brave face. Despite a warning that risks had increased, mostly due to the property market, the avuncular Poloz was blandly reassuring when he met with […]
Canadian Economy More Damaged By Oil Prices Than Expected
Canadian Economy More Damaged By Oil Prices Than Expected Canada’s oil industry has had a rough couple of months with production and exports taking a hit. Low oil prices are cutting into the profits of major producers. Producing from Alberta’s oil sands is costly and requires a high oil price to justify the expense. In […]
Toronto’s Epic Condo Bubble Suddenly Turns into Condo Glut
Toronto’s Epic Condo Bubble Suddenly Turns into Condo Glut The high-rise construction boom in Toronto has been evident for a while. It has been motivated by sky-high prices. In May, prices in Toronto rose another 5% from a year ago. For all types of homes, prices are now 42% higher than at the crazy peak […]
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 […]
The G7 and its 85–year carbon pledge
The G7 and its 85–year carbon pledge The G7 gives itself a lifetime to fulfil its climate change promise If you thought it was hard to keep up your New Year’s resolution, try keeping an 85-year pledge. That’s exactly what Canada and the other G7 countries are committing themselves to as they try to get control […]
