Interest rates are surging higher American interest rates hit All-Time Lows in August 2020. Short rates stayed close to zero for the next fifteen months while mid-term and especially long-term bond yields rose (prices fell.) In October 2021, forward markets for...
B.C. drivers will get $110 in ICBC rebates in May to help them cope with high gasoline prices. Commercial ICBC insurance holders will get a $165 rebate. Premier John Horgan and Solicitor General Mike Farnworth announced the one-time rebates Friday to help British...
Each 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 &...
Frank Stronach, founder of one of Canada’s largest global companies, says the country is “fairly close” to a public debt crisis and Canadians need to force politicians to rein in spending. The Magna International Inc founder was speaking on BNN Bloomberg Wednesday...
The Singapore-based company bankrolling the $1.6 billion Woodfibre LNG plans to spend US$500 million this year on the Squamish based project. In an update to mayor and council in Squamish Tuesday, Woodfibre LNG’s new CEO, Christine Kennedy, said the company behind the...