BC forestry majors invested $6 billion elsewhere in 2021
12/20/2021 12:00 PMCanfor Corporation (TSX:CFP) is capping 2021 with another investment outside of B.C. – bringing the total investment of B.C.’s forestry majors outside of B.C. to roughly $6 billion this year alone. Canfor on Thursday announced it is buying Millar Western Forest...
read more
Bank of Montreal strikes US$16.3 billion deal for Bank of the West
12/20/2021 10:58 AMThe Bank of Montreal has agreed to buy BNP Paribas’ U.S. banking subsidiary, Bank of the West, for $16.3 billion in cash. The deal, announced Monday, would expand the presence here of one of Canada’s largest banks by combining the $105 billion-asset Bank of the West...
read more
Quote of the Week, Shocking Stat & Goofy Award – Dec 18
12/19/2021 12:26 PMQuote of the Week Well known historian, David Starkey on today's revolution by stealth - and where it leads. Hint: nowhere good. Shocking Stat Senator Elizabeth Warren thinks Elon Musk is “freeloading off a rigged tax code” - to which Elon replied, “Please don’t call...
read more
Mike’s Comment – Dec 18th
12/19/2021 12:20 PMIt's obvious what's led to the OECD's scary forecast about Canada's economy but no one seems to care...until it's too...
read more
December 18th Episode
12/18/2021 8:20 AMMike on the OECD's frightening economic forecast for Canada. Big Picture Trading's Patrick Ceresna on what the heck's happened to gold. Plus what's Elon Musk paying in taxes. And where's all the pandemic money gone? Hint - no one...
read more
Coming Up on Tomorrow’s Show
12/17/2021 11:36 AMAn "unbalanced market" has Mike and his guests looking for opportunities and pitfalls. When a few strong, massive cap stocks out-weigh the vast majority of under-performing stocks there is potential for big volatility. Patrick Ceresna of Big Picture Trading joins Mike...
read more
Bitcoin ‘may not last that much longer,’ academic warns
12/17/2021 11:10 AMEswar Prasad, senior professor of international trade policy at Cornell University, told CNBC’s “Squawk Box Europe” earlier this month: “Bitcoin itself may not last that much longer.” Bitcoin’s price has been highly volatile over the last few years and in the last...
read more
‘Not based on science’: WestJet blasts Canada’s non-essential travel advisory
12/16/2021 11:15 AMIt didn’t take long for WestJet to express its “strong opposition” to Canada’s new non-essential travel advisory that was unveiled this morning. The airline issued a statement this afternoon claiming that the advice outlined today “is not based on science and data.”...
read more
Big wealth investors are likely to put money to work in stocks after amassing record levels of cash
12/16/2021 10:55 AMSponsor content received from Integrated Wealth Management Hundreds of billions of dollars in cash have been amassed by big investors in the last few weeks of 2021, setting the stage for a massive risk-on move into equities in the new year. Investors added more than...
read more
Lithium Prices Rise as Supply Fails to Meet EV Demand
12/16/2021 10:33 AMThe short supply of industrial grade lithium is causing prices to spike, which could snarl a push by governments to ramp up the use of electric vehicles. Lithium is used to power rechargeable car batteries, among other uses, but a recent bear market and supply chain...
read more
