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‘Corrections In Progress’ In Most Canadian Housing Markets: Teranet
‘Corrections In Progress’ In Most Canadian Housing Markets: Teranet House prices fell in February in eight of 11 major housing markets measured by the Teranet/National Bank House Price Index. “In some markets there have clearly been corrections in progress,” National Bank senior economist Marc Pinsonneault said in a statement. “The monthly retreat in Calgary was the […]
Before Canada goes too far into Iraq, remember Libya, Afghanistan
Before Canada goes too far into Iraq, remember Libya, Afghanistan Ottawa was warned, before the Libya mission, that that country would descend into civil war It is sobering to reflect that before our current mission in Iraq, the last two military operations undertaken abroad by Canada have been followed by the violent rise of the […]
Analysis: What Bill C-22 Means For Oil Spill Cleanup in Canada
Analysis: What Bill C-22 Means For Oil Spill Cleanup in Canada After BP’s Deepwater Horizon well blowout in April 2010, responders dumped approximately 1.84 million gallons of chemical dispersants into the Gulf of Mexico in an effort to stop the oil slick from fouling fragile coastal environments. The use of such a massive quantity of dispersants, coupled […]
Tar Sands by Rail Disasters: The Latest Wave in the Bomb Train Assault
Tar Sands by Rail Disasters: The Latest Wave in the Bomb Train Assault With the first crash and explosion of aunit train of tar sands oil in Canada in February, we learned that the conventional wisdom among people covering the oil-by-rail industry regarding the flammability of tar sands oil has been dead wrong. A second derailment and […]
Canadian oil extraction is ‘extraordinarily dirty’ process, Obama says
Canadian oil extraction is ‘extraordinarily dirty’ process, Obama says Keystone XL pipeline vetoed by president in February U.S. President Barack Obama has some less-than-laudatory words for Canada’s oil industry in a new example of his increasingly critical take on the oilsands. He was asked about the Keystone XL pipeline during a town-hall session Friday — […]
Just How Low Will The Loonie Go?
Just How Low Will The Loonie Go? The Canadian dollar fell to below 80 cents on Friday, battered by bad news at home and good news south of the border, leaving economists scrambling to predict just how low it could go. The loonie ended the week at 79.3 cents U.S., sinking after a report showed […]
Edward Snowden Calls Canadian Intelligence Oversight Among ‘Weakest’ In Western World
Edward Snowden Calls Canadian Intelligence Oversight Among ‘Weakest’ In Western World U.S. National Security Agency whistleblower Edward Snowden criticized the inadequate oversight of Canada’s intelligence operations on Wednesday, calling its framework “one of the weakest” in the Western world. In a live chat moderated by CBC Radio host Anna Maria Tremonti, Snowden touched on the […]
Quebec resident Alain Philippon to fight charge for not giving up phone password at airport
Quebec resident Alain Philippon to fight charge for not giving up phone password at airport Whether border officials can force you to provide password hasn’t been tested in Canadian courts A Quebec man charged with obstructing border officials by refusing to give up his smartphone password says he will fight the charge. The case has […]
Rob Nicholson Says Canada’s Commitment To Iraq Will Be Similar To Afghanistan
Rob Nicholson Says Canada’s Commitment To Iraq Will Be Similar To Afghanistan OTTAWA — Canada could be active in Iraq for the next decade as the war against ISIL continues and the region needs rebuilding, Canada’s foreign affairs minister suggested Thursday. “We’re in this for the longer term to make sure that we do what […]
Some Toronto area gas stations run out of fuel
Some Toronto area gas stations run out of fuel Extreme weather blamed, but some analysts say Canada lacks refinery capacity Motorists are pulling up at some Toronto-area gas stations to find that the pumps are dry. The oil companies that supply fuel in the area have said it’s a temporary situation, caused by extreme winter […]
Let’s Not Sacrifice Freedom Out Of Fear
Let’s Not Sacrifice Freedom Out Of Fear A scientist, or any knowledgeable person, will tell you climate change is a serious threat for Canada and the world. But theRCMP has a different take. A secret report by the national police force, obtained by Greenpeace, both minimizes the threat of global warming and conjures a spectre of threats […]
Opponents Of Quebec’s Arnaud Open-Pit Mine Face Threats, Hack Attacks
Opponents Of Quebec’s Arnaud Open-Pit Mine Face Threats, Hack Attacks Tensions are running high in la Belle Province as people wait for the government’s decision on opening a controversial new mine in northeastern Quebec. Opponents of the Arnaud mining project, a proposed open-pit mine inside Sept-Îles’ town limits, say they have been the targets of […]
What is Saudi Arabia not telling us about its oil future?
What is Saudi Arabia not telling us about its oil future? It is popular these days to speculate about why Saudi Arabia cajoled its OPEC allies into maintaining oil production in the face of flagging world demand. As the price the world pays for oil and oil products has plummeted, the price OPEC members are […]
Money Is Bailing Out of Canada
Money Is Bailing Out of Canada The floodgates opened in December. Perhaps it had something to do with oil, Canada’s number one export product, whose price went into free-fall in November and triggered extensive bloodletting in the Canadian oil patch. Or perhaps foreign investors got spooked by something else. Until then, they’d been sanguine: from […]
