War disrupts forestry markets

War disrupts forestry markets

A sudden increased global demand and higher prices for Canadian logs, lumber, pulp and wood pellets could result from a dramatic disruption in wood markets, due to Russia’s invasion of Ukraine. The Western world has moved with swift and dramatic sanctions against...
Canada Bans Russian Oil Imports In Symbolic Gesture

Canada Bans Russian Oil Imports In Symbolic Gesture

Canada, which has not imported any Russian oil in three years, has made a symbolic gesture in banning these same imports this week, Prime Minister Justin Trudeau said. “While Canada has imported very little amounts [of crude oil] in recent years, this measure sends a...
TD Bank just made its biggest acquisition ever

TD Bank just made its biggest acquisition ever

TD Bank just made its biggest acquisition ever, despite the volatility rocking U.S. markets. The bank is paying $13.4 billion for Memphis-based First Horizon, in an all-cash deal valuing the shares at $25.00, to establish a presence in the Southeast. First Horizon has...
Trading Desk Notes For February 26, 2022

Trading Desk Notes For February 26, 2022

The Russian Blitzkrieg invasion of Ukraine initiated DRAMATIC surges and reversals across markets The S+P plunged to a 9-month low early Thursday morning (down ~15% from January All-Time Highs) but then rallied hard into Friday’s close. The DJI tumbled and bounced...
B.C. government adds red tape to Trans Mountain

B.C. government adds red tape to Trans Mountain

The Trans Mountain pipeline expansion, which is on track to cost nearly $9 billion more than it was last estimated to cost, may now face yet more red tape that could add more costs and delays. This week, George Heyman, the B.C. minister of Environment and Climate...
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