Dazed and Confused When It Comes To Gas Prices
04/19/2019 7:32 AMWe want gas prices higher to discourage driving - that's what the carbon tax is about. At least until prices go up - then some of the same climate crusaders start talking about subsidizing gasoline, which encourages...
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TSX hits all-time high on lift from health care, financials and industrials sectors
04/18/2019 12:42 PMCanada's main stock index hit an all-time high on strength in the health-care sector, which includes many of the country's big cannabis companies, as well as gains in the financial and industrial sectors. The S&P/TSX composite index was up...Click here for full...
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Sila Nano’s battery tech is now worth over $1 billion with Daimler partnership and $170 million investment
04/18/2019 2:24 PMSila Nanotechnologies and its battery materials manufacturing technology are now worth more than $1 billion. The company, which announced a $170 million funding led by Daimler and a partnership with the famed German automaker, started building out its first production...
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Median Age of the Population in Every Country
04/18/2019 1:03 PMWith a few notable exceptions, the world is rapidly aging. Today’s infographic, which was shared by Bill Gates on Reddit, shows this incredible explosion in age and how different countries contrast with one another on this demographic metric. While aging populations...
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Is Alberta Getting Ready to Pull a “Klein” on BC
04/18/2019 6:19 AMIn the late 90's there was an exodus of head offices from BC to Alberta, thanks to lower corporate tax rates, a business friendly government and reduced regulations. With the United Conservatives promising to cut corporate taxes and regulation by a third is it about...
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Stephen Poloz’s dashboard: The latest charts that matter most to the Bank of Canada
04/17/2019 1:32 PMWhen Statistics Canada publishes the Labour Force Survey early each month, the number that makes the headlines is the net change in employment, or maybe the jobless rate. Stephen Poloz, the Bank of Canada governor, probably only glances at those figures. He’s...
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BC NDP Helps Propel Alberta’s United Conservatives to Victory
04/17/2019 7:38 AMFaced with a choice between his NDP cousins in Alberta and grabbing power in BC through a coalition with the Green Party, which meant any cooperation or "social license" on the Trans Mountain Pipeline expansion had no chance. And neither did Rachel Notley and the NDP...
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Mortgage stress test accounts for up to $15B drop in new mortgages in 2018: CIBC
04/16/2019 11:35 AMOttawa's new mortgage stress tests accounted for at least half of the decline in new mortgages started last year, according to a new report by CIBC that calls for the measure to be revisited amid a falling housing market. The total value of new mortgages fell...
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The Three Assets That Outperformed The S&P Over 20 Years
04/16/2019 11:29 AMLast week the world got its first look ever at a black hole, one of those cosmic bodies so supermassive and powerful that not even light can escape its pull. These things literally destroy all matter that comes within their reach, making them the trash compactors of...
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Getting Only Half The Story Right
04/16/2019 6:17 AMProponents of a carbon tax love to point to BC as an example of a carbon tax that didn't hurt the economy. The problem is - they missed the key point. The original carbon tax legislation gave back all the money raised to individuals and business through lower income...
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