Coming Up on Tomorrow’s Show
10/29/2021 10:24 AMEric Nuttall, senior portfolio manager of the Ninepoint Energy Fund and National Post columnist, joins Michael to share his thoughts on the "generational" opportunities in the Canadian energy sector - despite the impact of ESG and Canadian green policy decisions. Plus...
read more
Federal deficit hits $57B nearing halfway of fiscal year
10/29/2021 9:30 AMThe federal government ran a deficit of more than $57 billion over the first five months of its fiscal year, about $114 billion less than the treasury pumped out during the same stretch one year earlier. The Finance Department's regular fiscal monitor says the...
read more
U.S. economic growth rate slows to 2% on a sharp slowdown in consumer spending
10/28/2021 12:12 PMU.S. economic growth slowed more than expected in the third quarter to the softest pace of the pandemic recovery period as snarled supply chains and a surge in COVID-19 cases throttled spending and investment. Gross domestic product, a sum of all the goods and...
read more
NYC firefighters union says members should defy vaccine mandate
10/28/2021 11:50 AMThe head of the New York City firefighters union said on Wednesday he had told unvaccinated members to report for duty regardless of an order by Mayor Bill de Blasio to place them on unpaid leave if they fail to get the COVID-19 shot. New York City firefighters who...
read more
Michigan students would be required to pass personal finance class under new bill
10/28/2021 10:51 AMMichigan lawmakers are considering a change to high school curriculum by requiring students to complete a personal finance course before graduation. The House Committee on Education heard testimony about House Bill 5190, which would mandate all students pass a...
read more
Man making $40k/year bought $32m in Vancouver real estate via CCP-linked offshore accounts
10/28/2021 9:54 AMA citizen of the People’s Republic of China reported average annual earnings of $40,615 to Canadian border agents yet went on to buy $32 million worth of Vancouver real estate after moving $114 million from Hong Kong-based depositors with connections to organized...
read more
Nearly 30% Of Canadian First-Time Home Buyers Received “Gifts” For A Down Payment
10/27/2021 11:52 AMA CIBC Capital Markets analysis shows 30% of first-time homebuyers received a down payment “gift.” Not a little help either, but it was the primary source of funds for the majority that received a gift. It’s now occurring at such a scale, it might be driving home...
read more
Schachter’s Eye on Energy – October 27th
10/27/2021 10:49 AMEach 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 (SER) newsletter covering the general energy market and 30 energy, energy service and pipeline &...
read more
Canada’s new environment minister is ex-Greenpeace activist once arrested for scaling CN Tower
10/27/2021 10:34 AMCanada’s new environment minister will be a former Greenpeace activist who was once arrested for scaling Toronto’s CN Tower during a 2001 protest, Prime Minister Justin Trudeau announced on Tuesday. In a news release naming his new cabinet, Mr Trudeau named Steven...
read more
Bank of Canada ends QE; moves up timeline for rate hike
10/27/2021 10:06 AMThe Bank of Canada has ended its bond-buying stimulus program and accelerated the potential timing of future interest rate increases amid worries that supply disruptions are driving up inflation. In a statement on Wednesday, policy makers led by Governor Tiff Macklem...
read more
