Stick with Canada in 2022, top-performing energy investor says
01/05/2022 11:25 AMLooking at oil and gas stocks this year? Think small and Canadian, at least according to the world’s leading energy fund manager. “Canada is, I think, the place to be in 2022,” said Eric Nuttall of Toronto’s Ninepoint Partners LP. His $950 million (US$752 million)...
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B.C. property assessments climb to $2.4 trillion
01/05/2022 10:43 AMProperty assessments across the province continue to climb with new data revealing a nearly 22% increase since a year ago. The vast majority of B.C.’s total real estate value of $2.44 trillion is housed in the Lower Mainland, according to information posted Tuesday to...
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Warren Buffett makes over $120 billion on Apple’s rise to $3 trillion, among his best bets ever
01/04/2022 12:25 PMThe 5% Apple stake Berkshire Hathaway acquired in 2018 for $36 billion is now worth $160 billion as the tech giant hit the $3 trillion milestone. Warren Buffett’s conglomerate has also enjoyed regular dividends from Apple, averaging about $775 million annually....
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Indonesia miners seek a solution as coal export ban rattles global sector
01/04/2022 12:17 PMIndonesian coal miners are seeking a quick resolution to a government coal export ban that is already causing fuel prices to rise and could disrupt the energy needs of some of the world’s biggest economies. The world’s biggest exporter of thermal coal on Saturday...
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Trading Desk Notes For January 1, 2022
01/04/2022 11:28 AMHere’s what I really think We’ve had an extraordinary run of bullish enthusiasm since the March 2020 Covid panic lows. The S+P has rallied ~120%. A tidal wave of new money has come into the equity markets, with more than half of that going into passive index-linked...
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Business confidence in B.C. takes big fall in December
01/04/2022 10:58 AMShort-term business confidence tumbled in December as the Omicron spread intensified globally and wage pressures remained elevated. According to the latest CFIB Business Barometer reading, the 3-month outlook for Canadian small business retreated 4.5 points to 45.1...
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Federal Officials Concerned About Bank Of Canada Adopting Cryptocurrency
01/04/2022 10:27 AMInternal government documents show that federal officials are concerned about the economic impact that would result if the Bank of Canada develops its own cryptocurrency. The Bank of Canada has spent years studying the feasibility of developing a digital currency or...
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A Big Thank You to Finish off 2021
01/03/2022 11:22 AMI want to thank the 309 MoneyTalks listeners who supported Special Olympics. I’m talking about the people who donated auction items and participated in the Special O golf tournament. And those who not only took great delight in seeing both Ozzie and me dive in at the...
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Omicron might be milder because it has a less effective way of attacking lung cells, studies say
12/31/2021 11:25 AMThe Omicron coronavirus variant might be less severe in humans because it attacks human lung cells in a different way, according to two laboratory studies published recently. A group of 31 scientists from different universities collaborated on the project for the...
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Year-End Shocking Stat and Goofy Award
12/30/2021 12:38 PMShocking Stat Please pay attention - this new government tax increase impacts every worker in the country and kicks in January 1st. But no one is hit harder than the self employed and small business owners. Last Goofy of the Year Some call Canada timid, soft or worse....
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