Canada wins if the globe warms but we must be ready

If the Earth warmed as much as models say, the increase in Canada's arable land would be an area two times the size of Quebec

Canada wins if the globe warms but we must be ready“Why can’t Al Gore be right?” asked my friend as we suffered another bitter Canadian winter. Intolerable Januaries aside, global warming alarmists suggest we should be happy if global warming doesn’t occur. But that may not be the case, especially for Canadians. A recent scientific analysis says that if climate models are correct, Canada could…

We don’t want to go where trade wars have taken us before

Trump is obviously not deterred by the warnings from economists of a global trade war that could usher in a new depression

We don’t want to go where trade wars have taken us beforePresident Donald Trump has unveiled a long list of punishing tariffs that will affect everyone. Is this the beginning of a worldwide trade war or simply a clever negotiating tactic by a man who sees himself as an expert on “the art of the deal” – an opening salvo in his campaign to get a…

Here’s the carbon tax bill for the average Canadian

The government should admit that its carbon tax will significantly burden families for a climate benefit too small to measure

Here’s the carbon tax bill for the average CanadianIt took some poking and prodding and committee testimony, but now we know what the bill will be for a $50-per-tonne federal carbon tax. In a report to the Senate Standing Committee on Energy, the Environment and Natural Resources, University of Calgary assistant economics professor Jennifer Winter revealed the bottom line. Using energy consumption data…

Greyhound shuts down services across Western Canada

Alberta, Saskatchewan, Manitoba and most of B.C. to lose passenger and freight services starting Oct. 31

Greyhound shuts down services across Western CanadaGreyhound Canada is shutting down its passenger and freight services in Alberta, Saskatchewan and Manitoba as of Oct. 31 as a result of declining ridership. The company announced it was downsizing its operations due to a 41 per cent plunge in ridership since 2010. In British Columbia, it said, all routes will cease except for…

Trade war a serious threat to Canadian economy: report

Conference Board of Canada says potential breakup of NAFTA and daily threats of new tariffs weigh heavily

Trade war a serious threat to Canadian economy: reportThe Canadian economy is expected to grow by 1.8 per cent this year, down from three per cent growth last year, and the threat of a trade war with the U.S. could add a further shock to the economy, says the Conference Board of Canada. “An easing pace of consumer spending, potential breakup of NAFTA…

The trouble with edible marijuana products

Edibles scare Health Canada and the food industry, since they’re discrete, convenient and potentially dangerous

The trouble with edible marijuana productsOn Oct. 17, smoking cannabis will become legal in Canada. Cannabis edibles, on the other hand, will be legal in a little less than a year. Once cannabis-infused food products are available, things will get complicated in Canada’s food industry. But with the right regulations, this is a profit opportunity that doesn’t come by every…

Canadian trade deficit widens in May

Imports of aircraft and other transportation equipment, as well as energy products, contributed the most to the increase

Canadian trade deficit widens in MayStatistics Canada reported Friday that Canada's merchandise trade deficit with the world totalled $2.8 billion in May, widening from a $1.9 billion deficit in April. “Imports rose 1.7 per cent in May to $51.1 billion, with eight of 11 product sections increasing. Imports of aircraft and other transportation equipment as well as energy products contributed…

Unlimited cheap natural gas is a win for everyone

Even climate extremists should embrace natural gas, since it’s slowly replacing coal and oil, and cutting carbon emissions

Unlimited cheap natural gas is a win for everyoneThe shale revolution, technology unleashing vast new oil and natural gas production, is delivering lower energy costs to countries, industries and consumers. Without revolutionary hydraulic fracturing (fracking) and horizontal drilling, Canadians’ heating bills would be twice what they are now. Gasoline prices – soaring now due it is half as deleterious as oil. And if…

Oil prices expected to decline in the coming months

The latest forecast from Deloitte cites increased OPEC output and slipping international demand for oil

Oil prices expected to decline in the coming monthsGlobal oil prices are expected to recede in the coming months after reaching their highest values since 2014. The latest forecast from Deloitte’s Resource Evaluation and Advisory group says that as Organization of Petroleum Exporting Countries (OPEC) increase output and international demand for oil declines in the second half of the year, prices will fall. The…

Alberta, B.C. will drive Canadian economy over next two years

Across the country, manufacturing orders are climbing, infrastructure spending continues and investment is recovering, report says

Alberta, B.C. will drive Canadian economy over next two yearsAlberta will be a leader in national economic growth this year and next, according to a report by Scotiabank Economics. The report said Alberta’s economy will grow by 2.4 per cent this year, followed by 2.5 per cent growth in 2019. That follows a 4.9 per cent increase for the province in 2017. Alberta’s level…
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