Our Canadian Economy: Some Encouraging News ...

... or are we being lulled into false reassurance?Two bits of news reports. First one (emphasis added) ... have been battering the Canadian economy, including: The strains on financial markets caused by the growing credit ... its Monetary Policy Report, the Bank of Canada said growth is expected to pick up over the remainder of 2009 [more...]

Date: 2008-10-23 23:30:00

Blog posts (160) | Videos (35)
 

Eco ‘credit crunch’ warning

The World Wide Fund for Nature has released the latest of its Living Planet reports, ... change. The report also found Canada has the 12th largest water footprint, with the average Canadian ... s report is being compared to the financial crisis. “The recent downturn in the global economy [more...]

Date: 2008-10-29 16:24:27

7 Ways to Protect Your Privacy

... and credit card statements and report and discrepancies immediately. Never give your credit card number over ... Image via Wikipedia Posted in Money Matters Here in Canada, there are Federal and Provincial [more...]

Date: 2008-11-08 17:32:46

Real Estate Market News: Morning Edition

Housing sales fall sharply in Canada: MLS ... markets on shaky ground. Report on Business...Canadian Market News: Credit Crunch & Stock Market ... in November — the lowest level recorded since January 2001, the Canadian Real Estate Association said Monday.” [more...]

Date: 2008-12-17 15:54:30

Following the Market Dive

Following the Market Dive By Mike Nizza The Closing Bell, 4:05 p.m. To end the day, an A.P ... on the economic situation up north. Updated: A government report on Friday morning showing that Canada ... whose Conservative Party faces the voters on Tuesday. As the credit crisis expanded in the United [more...]

Date: 2008-10-10 14:16:38

Ringing the R-Word Alarm

There are two distinct paths a state can go down in dealing with the credit crisis ... intervention in the banking sector, insisting Canada could weather the storm. Now, a report by Eoin [more...]

Date: 2008-10-24 15:22:38

The Teflon Maple Leaf: TD Securities

Eric Lascelles, TD Securities’ Chief Economics Strategist, points out that the Canada has the highest sovereign debt ratings in the world, ... Canada over the U.S. in bonds. Third, throughout the credit crunch, Canadian bonds have been less ... in his latest report, “The Teflon Maple Leaf.” Lascelles points to several key areas: A peek [more...]

Date: 2008-10-31 22:03:35

Junior Mining Stocks: Canada’s Subprime

Source: The Gold Report - Trey Wasser, Pilot Point Partners 12/12/2008 Prior to the recent market meltdown, ... bear market. Then the credit markets collapsed in September 2008. This caused another leg down which ... of easy credit, wild speculation and an “it’s different this time” attitude, many investors [more...]

Date: 2008-12-14 14:30:10

Latest News in Goverment Grants and Debt Relief - Jan 06, 2009

Obama supports $300-billion tax-cut plan - Globe and Mail 6 Jan 2009 at 4:29am Fake Name from Canada writes: ... As the global financial crisis deepens, Report on Business writers examine and explain the turmoil in credit and stock markets. Here, we answer your questions daily, with the most recent at the top [more...]

Date: 2009-01-06 12:26:07

Another Environmental “Solution” Starts To Fall Apart: EU Infatuation With Ethanol Grows Cold - Canada, Too [Reader Post]

Give some credit to environmentalists: they don’t just tell us that we are killing the Earth they do frequently have “environmentally sound” ... of biofuels. At the same time, a new report for the British government cast fresh doubt on using ... down, citing a newly released report warning that current targets for biofuel production could cause [more...]

Date: 2008-07-08 17:21:35

TD Rate Down 0.15%

That is the epilogue to the Bank of Canada rates dropping by 0.25% yesterday, so TD again shaves 0 ... back that 0.1% is if they find they are losing income from people with loans or lines of Credit taking ... , I will investigate and report on them). It’s interesting that TD announced their “prime” to be 4.00 [more...]

Date: 2008-10-22 10:40:15

Canada is in recession

WASHINGTON - THE World Bank offered a grim 2009 outlook on Tuesday of just 0 ... for US automakers hung in the balance. In its 'Global Economic Prospects' report, the World Bank ... credit crisis hits rich and poor nations alike. Developing countries' economies would likely expand [more...]

Date: 2008-12-10 10:35:00

Wildfires Cause Cooling in Arctic

wildfire image credit: Getty Images/NASA Wildfires in Alaska and Canada Had Net Cooling Effect Proving that climate science can be anything but intuitive, researchers report that large wildfires could have a net cooling effect. Led by Robert ... and Canadian wilderness in 2004. The work is credited with creating a better understanding [more...]

Date: 2008-07-23 14:23:49

Could it be that the Banks and Flaherty are both right?

The worst global financial crisis since 1932 was born out of loose lending practices in the subprime market, ... doing what they can to do business with “credit worthy” clients. For our own part, I can report ... but that’s not going to stop Canadian politicians from demanding that Canada’s banking fraternity [more...]

Date: 2009-01-06 15:00:39

Bell Canada Debating KPMG, Unwilling to Re-Price LBO

Two days after BCE (BCE), owner of Canadian encumbant telco Bell Canada, ... equity firms, a report today in Canadian paper The Financial Post says that the company’s board ... is telling BCE that times have changed, credit markets are in a state of unprecedented upheaval [more...]

Date: 2008-11-28 21:24:36

Bank of Canada - Another 0.75% Cut (Prime Now at 3.25%)

Prime rate has been cut by 0.75% by Bank of Canada.Current Prime Rate: 3 ... strained. Measures taken by major governments are beginning to encourage credit flows, although ... of the last Monetary Policy Report in October. Several factors are helping to counterbalance [more...]

Date: 2008-12-09 18:22:00

CREDIT CRUNCH NEWS - Text of the ANC's 2009 election manifesto - Politicsweb

Text of the ANC's 2009 election manifestoPoliticsweb, ... plan rulesPulse 24, Canada - 10 minutes ago(THE CANADIAN PRESS/Paul Chiasson) TOROTNO — The federal ... report said. NATO and the European Union have warships patrolling the Gulf of ...in DWP NewsIndian [more...]

Date: 2009-01-10 15:55:00

Canada and the US decline in economic freedom

Each year the Vancouver-based Fraser Institute, Washington D.C's Cato Institute and over 70 other think-tanks from around the world put out a report called ... to sound money; 4) freedom to trade internationally; and 5) regulation of credit, labor and business [more...]

Date: 2008-09-19 00:42:28

Bank of Canada lowers bank rate by three quarters of a percent!

The bank of Canada just announced a huge reduction in the prime interest rate ... governments are beginning to encourage credit flows, although it will take some time before conditions ... profile for core inflation than had been projected at the time of the last Monetary Policy Report [more...]

Date: 2008-12-09 15:14:28

Eric Margolis: Send America to Rehab

For the complete report from The Huffington Post click on this link Send America to Rehab The US economy must be weaned off credit addiction ... . The economy needs a period of austerity in which remaining credit bubbles, bad debt, and financial ... is a sign of utter desperation and an act of folly. Once investors realize that Europe, Canada [more...]

Date: 2008-12-26 20:28:55

Bank of Canada overnight rate statement

From the BoC Web site: OTTAWA – The Bank of Canada today announced that it is lowering its target for the overnight rate by three-quarters of a ... to encourage credit flows, although it will take some time before conditions in financial markets ... inflation than had been projected at the time of the last Monetary Policy Report in October. Several [more...]

Date: 2008-12-09 14:04:00

Bank of Canada drops Interest Rate by .75%

Bank of Canada Cuts Interest Rate The Bank of Canada today announced that it is lowering its target for the overnight rate by three-quarters of a ... to encourage credit flows, although it will take some time before conditions in financial markets ... inflation than had been projected at the time of the last Monetary Policy Report in October. Several [more...]

Date: 2008-12-09 17:19:05

The Areas Of My Expertise

So it's not quite a Daily Show-esque "senior energy analyst" credit - not yet - but keen-eyed readers of the Edmonton Journal ( ... at the bottom of an article about a new Pembina Institute report recommending my home province ... from the spokesman for Alberta energy giant Epcor, which holds the No. 7 spot on the list of Canada's biggest [more...]

Date: 2009-01-14 17:52:51

Is the 6-month Stock Market Rally About to End?.

by Bob Chapman Global Research October 1, 2009 The G-20 Pittsburg Summit ended last Friday. Their official statements made for some novel and interesting reading. We were informed that the group could by working together could manage a transition to a more balanced pattern of global growth. Tending to domestic demand as private savings increase. It is obvious to us this cannot work. We are seeing increased savings and decreased consumption. The IMF as well agrees with these policies. [more...]

Date: 2009-10-01 17:54:55

New Czech move to block ratification of EU constitution

Flashback: Icelandic parliament rolls over, votes for EU membership | Ireland to hold second referendum on Lisbon Treaty | EU leaders reassure Irish in latest attempt to revive Lisbon treaty | Leaked 1955 Bilderberg Docs Outline Plan For Single European Currency | Iceland to be fast-tracked into the EU | Irish to vote on EU treaty again as experts warn Britain could be signed up within a year | You’re not doing it right: New Irish vote on EU integration ‘legal’ | Harper, Sarkozy [more...]

Date: 2009-09-29 20:25:00

Honduras suspends civil liberties as ousted President calls for resistance

StatismWatch can’t cover a lot of South American issues in-depth (sorry), but it’s worth noting here that Manuel Zelaya, the democratically elected Honduran leader, was arrested in his bed by the new military junta and deported some months ago. (Exhaustive detail may be found at Democracy Now! ) As Greg Grandin, professor of Latin American history at NYU puts it, “The Honduran military is effectively a subsidiary of the United States government. [more...]

Date: 2009-09-28 19:48:04

15 Easy Steps To Starting Your Small Business

Yeah, sure it’s easy, and of course, that title is a little tongue in cheek. It takes a lot of hard work to get a business off the ground. But, it’s worth every hour I’ve spent getting to where I am now. When I decided to start my communication and image consulting business, I tried hard to find a good startup guide. I couldn’t find any that had all the steps. So, I decided to write one. So far, it’s mostly just the bare-bones outline (which is long enough as it is) you see in this article. [more...]

Date: 2009-09-29 20:23:49

US dollar set to be eclipsed, World Bank president predicts

Flashback: Bilderberg Wants Global Currency Now | Dollar to fall under scrutiny at G20 summit | IMF approves $13bn gold sale to boost lending fund | UN wants new global currency to replace dollar | G20 agrees to continue economic stimulus measures; Geithner shops international reserve accord | China Set to Buy $50 Billion in IMF Notes | Medvedev Unveils “World Currency” Coin At G8 | China calls anew for super-sovereign currency | No one talking about dumping dollar: China minister [more...]

Date: 2009-09-28 23:29:59

UK: Council hires hoodie spies to rummage through bins and see what is being thrown away

Hey, Toronto: guess what those RFID scannable and barcoded garbage bins you just got this year are for? Note the standardized appearance of the bin in the photo below. And garbage seizure? We’ve our own set of ridiculous rulings in place now authorizing the same: Flashback: Toronto: New bin regime spawns new rules, confusion for avid recyclers | Trash search doesn’t violate privacy rights, says top court | London Police Encourage Citizens To Inform on Neighbour’s Garbage | UK Slips New [more...]

Date: 2009-09-28 15:05:14

U.S. To Break Up Soon?

Chuck Baldwin September 29, 2009 According to Macedonian Radio and Television On-line (MRT), a Russian professor predicts the United States will fall apart in July 2010. MRT reports, “‘Mr. Obama is similar to the last Soviet leader Mikhail Gorbachev. Gorbachev was also making great promises for the Soviet Union, but the situation was only getting worse,’ he said. By next summer, according to Professor Panarin, the US will disintegrate into six blocs–and everyone will get their piece. [more...]

Date: 2009-10-01 15:33:40

FBI wants records from travel data aggregators

Ryan Singel of Wired News has reported that documents (see the links to some of them at the end of the Wired story) provided in response to requests under the Freedom of Information Act show that the FBI’s National Security Branch “National Security Analysis Center” (NSAC) has obtained a variety of commercial travel records from hotel chains and franchisers, car rental companies, and the operator of the financial clearinghouse for most airline tickets (and some other travel services) issued or [more...]

Date: 2009-09-28 16:42:58

Marijuana activist Emery surrenders to court, awaits extradition

That’s a good man being sent down there, for ridiculous prohibitionist laws. And mostly to appease the US at that. You can watch a documentary on Marc and his anti-prohibition activism here . You can learn who ships in the actual hard drugs here. Flashback: Vancouver pot activist Marc Emery to plead guilty to U.S. drug charge | The Post editorial board: Emery should be a free man | Canada “Prince of Pot” reaches deal on U.S. [more...]

Date: 2009-09-28 20:48:55

Senate Climate Battle Is On

Progressive Breakfast: Senate Climate Battle Is OnProgressive Breakfast10/1/09 7:11 AM Isaiah J. Poole Health Care for All An Economy for All 501c(3) Progressive BreakfastThe legislative battle to lower greenhouse gas emissions is finally getting into full gear in the Senate with Wednesday’s introduction of a comprehensive climate change bill.McClatchy News Service reports:The landmark legislation — called the Clean Energy Jobs and American Power Act — would force the U.S. [more...]

Date: 2009-10-02 00:03:18

Commodity Currencies Rebound Versus the Dollar

Well… Instead of a “turn around Tuesday”, we’re seeing a whiplash Wednesday! And for once the Big Dog (euro) ( EUR ) didn’t lead the other little dogs (currencies) off the porch to chase the dollar down the street! No… This time it was the currencies of Australia ( AUD ) and New Zealand ( NZD ) that led the charge versus the dollar. The euro has taken up the charge since opening the doors to a new day of trading in Europe, so… It looks like it’s a “take the dollar to the woodshed” day. [more...]

Date: 2009-09-30 14:55:33

Commodity Currencies Rebound Versus the Dollar

Well… Instead of a “turn around Tuesday”, we’re seeing a whiplash Wednesday! And for once the Big Dog (euro) ( EUR ) didn’t lead the other little dogs (currencies) off the porch to chase the dollar down the street! No… This time it was the currencies of Australia ( AUD ) and New Zealand ( NZD ) that led the charge versus the dollar. The euro has taken up the charge since opening the doors to a new day of trading in Europe, so… It looks like it’s a “take the dollar to the woodshed” day. [more...]

Date: 2009-09-30 18:55:42

A New Carry Trade Currency?

A bias to buy dollars remains…The Fed was warned as far back as 1999! Fujii gets “the memo”! A ton o’ data all around the globe this week! And Now… Today’s Pfennig! Good day… And a Marvelous Monday to you! My weekend turned out to be quite grand, as all the things I said that would make it special came to pass! My Cardinals clinched their division. [more...]

Date: 2009-09-28 19:07:49

William Blum: Anti-Empire Report, Number 74 Ridding the world of the sickness of pacifism

29 September, 2009 — Anti-Empire Report, Number 74Picture the scene: Afghanistan, two hijacked tankers filled with highly inflammable fuel, surrounded by a crowd of Afghans eager to syphon off some for free … What’s the last thing you want to do? Right — drop bombs on the tankers. That’s what a German military commander signaled an American drone airplane to do September 4. Kaboom!! At least 100 human beings incinerated. [more...]

Date: 2009-09-30 09:52:55

Automakers Say They Need Funding Now

Currencies trade in a tight range…  China…  Commodity prices to blame…  “Safe” Treasuries? And Now… Today’s Pfennig! Good day… And a Wonderful Wednesday to you! Well… I went “shopping” yesterday evening… At least I can say I did my bit to keep the economy afloat! HA! Thanks to all who sent along notes to me yesterday with kind words [more...]

Date: 2008-12-03 13:23:18

Your opinions requested! Plus Year 2, Week 30 Results: 1.9 oz of plastic waste.

Here's the weekly tally. But please read down to the bottom of the page. I have an Announcement, a Survey, and a Discount Coupon for you ... Direct, Safeco Insurance, credit card company, and Financial West Group. I think I've been doing ... of us outside Canada cannot even view it via the web site. Any Canadian Fake Plastic Fish readers care to watch [more...]

Date: 2009-01-12 19:44:00

National Post editorial board: Securities reform deserves time for debate

It’s odd to hear federal Finance Minister Jim Flaherty arguing that the monumental task of centralizing securities regulation should be bolted onto ... too much on his plate with the global credit crisis and could probably afford to take a few more weeks to make sure that federal stimulus measures are intelligently designed. We are broadly in favour [more...]

Date: 2009-01-14 13:17:38

ScamBuste 286

NOTIFICATION OF PAYMENT VIA ATM CARD This is to officially inform you that we have verified your contract/inheritance file presently on my desk, and I found out that you have not fulfilling the obligations giving to you in respect to your contract payment. Secondly, you are hereby advised to stop dealing with some non-officials in the bank as this is an illegal act and will have to stop if you so wish to receive your payment immediately. [more...]

Date: 2009-09-29 08:54:51

Hot Stocks: Canadian Ford Dealer Offers Ford Shares to Buyers of Ford Vehicles

If you like the car, will you love the company? When it comes to Ford Motor Co. (F), a Canadian car dealer bet a month’s sales on that premise ... are pressing both U.S. and Canadian lawmakers for emergency aid. All three are to submit turnaround ... ), according to a report that runs elsewhere in today’s (Wednesday’s) issue of Money Morning. Among other [more...]

Date: 2008-12-03 15:01:09

Gold Looks Bullish as Dust Settles

The late November rally in gold prices wasn’t quite as spectacular as mid-September’s gain, but it was still impressive ... Wall Street insiders who report” that “‘You have a market that is frozen.’ What planet ... wakes up and realizes that these ‘frozen credit market’ tales are pure hooey. Look at the data [more...]

Date: 2008-12-18 16:49:32

Update: MCC increases aid, advocacy for Gaza

by Gladys Terichow In the midst of air strikes, ground battles and a rising death toll, Mennonite Central Committee ( ... , they are purchasing food, water and blankets on credit and distributing them to families whose homes ... to the Canadian government, MCC Canada writes: “MCC believes that peace and security for all people [more...]

Date: 2009-01-15 22:56:33

Circuit City To Liquidate… Over 30,000 Jobs To Be Cut

Bankrupt Circuit City Stores Inc., unable to work out a sale of the company, said Friday it will go out of business _ closing its 567 U.S ... had been seeking a buyer or a deal to refinance its debt, but the hobbled credit market and consumer worries ... stores and dealer outlets in Canada. Galardi told a judge there are still bids for the Canadian [more...]

Date: 2009-01-16 21:58:08

THE UNITED STATES OF NORTH AMERICA - No joke

What is going on here?http://www.youtube.com/user/sharpsteve2003Secretly, North American governance is pursuing a policy to expand NAFTA politically, ... with Mexico and Canada.Abrogation of Canadian/U.S.A./Mexican sovereignty to the North American Union ... blueprint President Bush and Prime Minister Harper is following was laid out in a 2005 report entit [more...]

Date: 2009-01-14 16:49:00

Whiplash Wednesday!

Currencies rebound VS the dollar…Aussie and kiwi lead the currencies higher…Data and Central Bank speeches today…Gold rebounds back to $1,000! And Now… Today’s Pfennig! Good day… And a Wonderful Wednesday to you… Instead of a “turn around Tuesday”, we’re seeing a whiplash Wednesday! And for once in a month of Sundays, the Big Dog, euro didn’t lead the other little dogs (currencies) off the porch to chase the dollar down the street! [more...]

Date: 2009-09-30 19:07:48

Whiplash Wednesday!

Currencies rebound VS the dollar…Aussie and kiwi lead the currencies higher…Data and Central Bank speeches today…Gold rebounds back to $1,000! And Now… Today’s Pfennig! Good day… And a Wonderful Wednesday to you… Instead of a “turn around Tuesday”, we’re seeing a whiplash Wednesday! And for once in a month of Sundays, the Big Dog, euro didn’t lead the other little dogs (currencies) off the porch to chase the dollar down the street! [more...]

Date: 2009-09-30 19:07:48

DDR Offers Senior Unsecured Notes – Analyst Blog

Developers Diversified Realty Corporation ( DDR ), a real estate investment trust (REIT), has recently offered $300 million of senior unsecured notes scheduled to mature in 2016, at a price of 99.42% with a yield to maturity of 9.75%.  Developers Diversified expects to raise net proceeds of approximately $295 million, after deducting underwriting discounts and other expenses related to the offering. [more...]

Date: 2009-09-29 15:50:10

Gates of Vienna News Feed 1/5/2009

Read through the official European reactions to Israel’s ground offensive into Gaza: Zapatero, the Vatican, the Italian government — all are pressuring Israel for a ceasefire. The surprise is Dutch Prime Minister Jan Peter Balkenende, who states that it would be pointless to condemn Israel without addressing what Hamas is doing [more...]

Date: 2009-01-06 04:54:00

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