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Welcome To Hell: The Giant Fort McMurray Fire Is The Worst Blaze In Canadian History

Welcome To Hell: The Giant Fort McMurray Fire Is The Worst Blaze In Canadian History The gigantic wildfire that has forced the evacuation of the entire city of Fort McMurray in northern Alberta has been nicknamed “the Beast“, and mainstream news reports are telling us that it is now approximately 25 percent larger than New […]

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Auto loan delinquency spikes in Alberta, Saskatchewan

Auto loan delinquency spikes in Alberta, Saskatchewan Credit agency TransUnion points to non-mortgage debt defaults in oil-producing provinces Pickup truck sales have grown rapidly in the past five years, but with job losses in Alberta and Saskatchewan, the debt from auto loans is hanging over some consumers. There has been enormous sales growth of pickup trucks […]

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EI claims rose 9.2% in the year to November with Alberta hardest hit

EI claims rose 9.2% in the year to November with Alberta hardest hit More than 31,000 new jobless in Alberta as EI rolls climb to 544,200 There have been several rounds of layoffs in the oilpatch since 2014, with trades, transport, technical support, finance and management affected. (Todd Korol/Reuters) The number of Canadians receiving employment […]

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5 signs of trouble for Saskatchewan’s economy in oil slump

5 signs of trouble for Saskatchewan’s economy in oil slump Many said province could withstand economic blows from oil and gas, but there are troubling signs When crude oil prices began to plummet, economists comforted Saskatchewan residents that their diversified economy would safeguard them during the oil and gas slump. In fact, Saskatchewan’s economy isn’t […]

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TransUnion expects spike in debt delinquencies in Alberta, Saskatchewan

TransUnion expects spike in debt delinquencies in Alberta, Saskatchewan Alberta and Saskatchewan will soon see a ‘sharp’ increase in the number of people falling behind on their debts for the rest of this year, credit agency TransUnion says. The debt monitor said in a study released Wednesday that it is expecting the number of consumer credit […]

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Beef prices could rise further with cruel Alberta drought

Beef prices could rise further with cruel Alberta drought Herd size expected to shrink as ranchers sell off cattle The price of steaks, roasts and other cuts of beef are expected to increase further because of drought conditions in Alberta, although it may take about a year before consumers feel the full bite on store shelves. Retail […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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