Jeff Bezos announces plans to build private space station
10/26/2021 12:03 PMJeff Bezos' Blue Origin on Monday announced it wants to launch a space station that will house up to 10 people in the second half of the decade, as the race to commercialize the cosmos heats up. "Orbital Reef," described in a press statement as a mixed-use business...
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Expensive lumber makes a return amid supply cuts, labour shortages
10/26/2021 11:14 AMHigh lumber prices are back, even as the industry steps into what is normally a seasonal lull. Prices are climbing amid tight supplies and a pickup in homebuilding. Western Canada is seeing reduced output and the U.S. south is grappling with labor shortages. The U.S....
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Metro Vancouver utility fees could spike to almost $1,000 by 2026
10/26/2021 10:17 AMMetro Vancouver’s annual utility fees are projected to climb 65% over the next half-decade to almost $1,000 annually by 2026, a massive spike as the region races to replace costly and aging infrastructure. In 2021, a household paid roughly $574 to the regional body, a...
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BTC price model creator: Bitcoin bull market ‘2nd leg has started’
10/26/2021 9:51 AMBitcoin (BTC) marking a new high of $67,000 last week has opened the possibility of hitting $100,000 by the end of this year. PlanB, creator of the popular Bitcoin Stock-to-Flow (S2F) model, called Bitcoin’s price retracement from the $60,000-level the “2nd leg” of...
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Hamilton Capital Partners: Canadian bank dividends could rise 25% when restrictions lifted
10/25/2021 12:22 PMCanada’s largest banks could raise their dividends as much as 25 per cent once regulators allow them to increase their payouts, according to an investment firm that focuses on financial stocks. The dividend increase of 20 per cent to 25 per cent could happen even if...
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Trading Desk Notes For October 23, 2021
10/25/2021 10:24 AMNew All-Time Highs for the leading stock indices – but “rotation” rules. The S+P and the DJIA came roaring back and hit new All-Time highs after that tiny 6% dip in September (capital flows show that retail and hedge funds Bought-The-Dip), but the tech-heavy Nasdaq...
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BMO: The Bank Of Canada Has No Justification To Continue Extreme Stimulus
10/25/2021 9:58 AMIt’s time to take off the training wheels for Canada’s economy, which is now looking overstimulated. That’s the take from BMO‘s Douglas Porter, who sees stimulus coming to an end as early as this week. The Bank of Canada (BoC) is increasingly looking out of touch with...
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The Goofy Award
10/24/2021 12:07 PMThis won't be popular - but it's on the short list for ugliest secret in Canadian business (and for consumers) that no one wants to talk...
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Quote & Shocking Stat of the Week
10/24/2021 12:00 PMQuote of the Week Two former central bankers warn that history shows that the Fed Reserve and Bank of Canada can't just turn inflation on and off. Shocking Stat of the Week Lots of talk about transitioning to renewables and EVs but not much about the astounding cost....
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Mike’s Comment – Oct 23rd
10/24/2021 11:52 AMI know we shouldn't say it but it's deja vu all over again with COP26 ready to go in Glasgow - lots of agreements but no practical...
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