Ukraine will soon announce NFTs to support its defense against Putin’s forces as crypto donations to the country surge past $50 million
03/03/2022 12:46 PMUkraine said it will soon announce NFTs as part of its crypto fundraising efforts. The country has already raised more than $50 million in crypto to help its armed forces against Russia. In announcing the NFTs, Ukraine canceled a planned crypto airdrop. Ukraine's vice...
read moreMost Canadians say Canada should back Ukraine against Russia: poll
03/03/2022 12:29 PMThe past couple of weeks have given Canadians an opportunity to follow an international story that is not related to the COVID-19 pandemic or to political theatre in the United States. Russia’s invasion of Ukraine, which began on February 24, has compelled Canadians...
read moreSchachter’s Eye on Energy for March 2
03/02/2022 2:36 PMEach week Josef Schachter gives you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy, energy service and pipeline &...
read moreBoC hikes key rate, revises inflation forecast
03/02/2022 1:03 PMOTTAWA - The Bank of Canada has raised its key interest rate for the first time since slashing the benchmark rate to near-zero at the start of the COVID-19 pandemic, in a bid to tackle inflation rates that are likely to keep rising from their current three-decade...
read moreFIFA suspends Russia from World Cup, UEFA throws teams out of European competition
03/01/2022 12:28 PMRussia have been kicked out of the 2022 World Cup in Qatar by FIFA after the world governing body and the European association, UEFA, issued a joint statement to confirm that all Russian national teams and clubs have been suspended until further notice following the...
read moreThis futuristic $22 million Vancouver house for sale looks like something out of Star Trek
03/01/2022 12:05 PMIf this hasn't been used as the home of some Admiral in a Star Trek film, then a location scout ought to be looking into it now. While the home at 2606 Marine Drive looks like it could be located in San Francisco in 2365, it's actually in present-day Vancouver in the...
read moreWar disrupts forestry markets
03/01/2022 11:41 AMA sudden increased global demand and higher prices for Canadian logs, lumber, pulp and wood pellets could result from a dramatic disruption in wood markets, due to Russia’s invasion of Ukraine. The Western world has moved with swift and dramatic sanctions against...
read moreCanada Bans Russian Oil Imports In Symbolic Gesture
03/01/2022 11:26 AMCanada, which has not imported any Russian oil in three years, has made a symbolic gesture in banning these same imports this week, Prime Minister Justin Trudeau said. “While Canada has imported very little amounts [of crude oil] in recent years, this measure sends a...
read moreTD Bank just made its biggest acquisition ever
02/28/2022 2:27 PMTD Bank just made its biggest acquisition ever, despite the volatility rocking U.S. markets. The bank is paying $13.4 billion for Memphis-based First Horizon, in an all-cash deal valuing the shares at $25.00, to establish a presence in the Southeast. First Horizon has...
read moreTrading Desk Notes For February 26, 2022
02/28/2022 2:01 PMThe Russian Blitzkrieg invasion of Ukraine initiated DRAMATIC surges and reversals across markets The S+P plunged to a 9-month low early Thursday morning (down ~15% from January All-Time Highs) but then rallied hard into Friday’s close. The DJI tumbled and bounced...
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