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Oil prices: A bear and a bull on the rally
Oil prices: A bear and a bull on the rally The price of oil has been rising for more than a week. What gives? The price of oil has been heading up for eight trading sessions, raising the hopes of energy companies, investors and the whole province of Alberta. But is this rally the real […]
Why wobbly world markets are more worrying than oil: Don Pittis
Why wobbly world markets are more worrying than oil: Don Pittis Central bankers are out of bullets if 1929-level markets go bust again Bank of Canada governor Stephen Poloz says the “wobble” in the Canadian economy caused by the shocking fall in the price of oil is just about over. But according to some analysts, a more […]
Magnificent Housing Bubble Unravels in Much of Canada
Magnificent Housing Bubble Unravels in Much of Canada Canada’s housing bubble, which has been so much more magnificent than anything the US was ever able to conjure up, notched another gain in March, according to the Teranet-National Bank House Price Index, which rose 0.3% for the month. Prices were up in eight of the metropolitan […]
Premiers told to rethink pipelines as they meet on climate
Premiers told to rethink pipelines as they meet on climate Pembina Institute argues projects such as Energy East would boost oilsands production and carbon emissions The Pembina Institute is warning premiers and territorial leaders they need to think about the effects of pipelines on Canada’s carbon emissions before they think about an energy strategy for […]
Resource Dependence Could Prove Fatal For Canadian Economy
Resource Dependence Could Prove Fatal For Canadian Economy Low oil prices are threatening the health of Canada’s oil and gas sector, which in turn, is causing turmoil in Canada’s economy as a whole. The fall in oil prices are forcing billions of dollars in spending reductions for Canada’s oil and gas industry. In February, Royal […]
Quebec City climate-change march draws 25,000 people
Quebec City climate-change march draws 25,000 people March is in advance of premiers’ summit next wee A climate-change march drew about 25,000 people to the streets of Quebec City on Saturday, as protesters try to encourage premiers to take a tougher stance on climate and pipeline regulations. Energy East pipeline project changes encouraging, expert says Dramatic […]
Harper’s Folly: Canada Losing $30+ Billion/Year on Tar-Sands Oil
Harper’s Folly: Canada Losing $30+ Billion/Year on Tar-Sands Oil Oil is our most-precious commodity as fuel for the global economy. It is also becoming a scarce commodity, as global production has flattened, while global demand continues to climb relentlessly, everywhere in the world except for the dying economies of Europe and North America. It is a classic […]
Police asked telcos for client data in over 80% of criminal probes
Police asked telcos for client data in over 80% of criminal probes Ottawa also sought legal advice on telco’s transparency reports Canadian police seek online and phone data from telecommunications companies in almost every criminal investigation, according to a briefing note to the federal minister for public safety, obtained by CBC News. The scale of the practice […]
Fossil Fuels Drive Rapid Glacier Loss across Western Canada, Study Finds
Fossil Fuels Drive Rapid Glacier Loss across Western Canada, Study Finds Melting offers a ‘big signal’ about the climate, expert says. Western Canadian glaciers, an ancient water bank that maintains stream flow for hydroelectric dams and salmon-bearing rivers, could shrink by 70 per cent by 2100. The catastrophic loss of ice for Western Canada has […]
Wolves Scapegoated While Alberta Government Sells Off Endangered Caribou Habitat
Wolves Scapegoated While Alberta Government Sells Off Endangered Caribou Habitat Culling Alberta’s wolves without prioritizing caribou habitat protection and restoration is like “shoveling sand,” according to Mark Hebblewhite, associate professor of ungulate habitat biology at the University of Montana. Hebblewhite says the Alberta government is sponsoring a wolf cull without doing the one thing that could possibly scientifically justify it: […]
Canadian orchestra drops Ukraine-born pianist Valentina Lisitsa over anti-Kiev posts
Canadian orchestra drops Ukraine-born pianist Valentina Lisitsa over anti-Kiev posts A Ukrainian-born pianist was barred from playing at Canada’s Toronto Symphony Orchestra (TSO) for expressing views on the situation in Ukraine via Twitter, according to the soloist herself. The move led to a social media storm tagged #LetValentinaPlay. READ MORE: Ukraine’s neo-Nazi leader becomes top […]
Fukushima radiation measured on B.C. shore for 1st time
Fukushima radiation measured on B.C. shore for 1st time Trace cesium detected, but levels far below limit for safe drinking water Trace amounts of radiation from the 2011 Fukushima nuclear disaster in Japan have been detected on North American shores for the first time, but researchers say the amount of radiation is not a concern. Radioactive forms […]
Canada Housing, Office Market Mauled by Oil, Layoffs – but Vancouver Bubble Still Soars
Canada Housing, Office Market Mauled by Oil, Layoffs – but Vancouver Bubble Still Soars Back in December, the Bank of Canada said home prices were overvalued by as much as 30% and posed an “elevated” risk to the Canadian financial system. In January, Deutsche Bank found that Canada’s housing market was, more realistically, 63% overvalued. In greater […]
MAPLE SPRING: THE RED SQUARE MOVEMENT RETURNS AS ANTI-AUSTERITY PROTESTS HEAT UP IN QUEBEC
MAPLE SPRING: THE RED SQUARE MOVEMENT RETURNS AS ANTI-AUSTERITY PROTESTS HEAT UP IN QUEBEC “They may have the toughest batons. They may have the thickest armor. They may have the largest newspapers. They may have the thickest wallets. But we have the longest breath. We have the courage of the oppressed. We have the strength […]
Water Is Life; We Can’t Afford To Waste It
Water Is Life; We Can’t Afford To Waste It How long can you go without water? You could probably survive a few weeks without water for cooking. If you stopped washing, the threat to your life might only come from people who can’t stand the smell. But most people won’t live for more than three […]
