‘We’re in an era of higher oil prices for at least the next six years:’ Eric Nuttall

This advertisement has not loaded yet, but your article continues below. Watch Ninepoint’s senior portfolio manager on why he thinks oil prices are going ‘a heck of a lot’ higher Watch Ninepoint portfolio manager Eric Nuttall on why he thinks oil prices are going ‘a heck of a lot’ higher Photo by Getty Images Article… Continue reading ‘We’re in an era of higher oil prices for at least the next six years:’ Eric Nuttall

‘A cool $40 billion’ revenue boost: What economists are saying about the fiscal update

But Ottawa should have directed more of a surprise revenue boost to its ‘bottomline’ Publishing date: Nov 04, 2022  •  1 day ago  •  8 minute read  •  8 Comments Finance Minister Chrystia Freeland unveils Ottawa’s Fiscal Economic Statement on Thursday in the House of Commons. Photo by BLAIR GABLE /Reuters The Liberal government’s fiscal update,… Continue reading ‘A cool $40 billion’ revenue boost: What economists are saying about the fiscal update

‘A dart in the forehead of the energy industry’: Oilpatch reacts to tax on stock buybacks

Tax is expected to generate $2.1 billion in revenues for the federal government over five years Publishing date: Nov 04, 2022  •  1 day ago  •  3 minute read  •  28 Comments Canadian Natural Resources Ltd.’s Primrose Lake oil sands project near Cold Lake, Alta. Photo by Dan Riedlhuber/Reuters files Ottawa’s plan to introduce a two-per-cent… Continue reading ‘A dart in the forehead of the energy industry’: Oilpatch reacts to tax on stock buybacks

Enbridge announces $3.6 billion B.C. pipeline expansion as gas production nears record levels

Future demand from planned liquefied natural gas export projects underpinning move Author of the article: Reuters Nia Williams and Mrinalika Roy Publishing date: Nov 04, 2022  •  2 days ago  •  2 minute read  •  6 Comments A possible expansion of the southern part of Enbridge’s B.C. natural gas pipeline system will add 300 million cubic… Continue reading Enbridge announces $3.6 billion B.C. pipeline expansion as gas production nears record levels

CRA says T4 slips insufficient proof of income for CRB eligibility and judge agrees

Jamie Golombek: Acceptable proof consists of pay slips, employment verification letters, ROE, bank statements and other documentation Publishing date: Nov 03, 2022  •  3 days ago  •  4 minute read  •  7 Comments The government continues to audit taxpayers who received COVID-19-related benefits. Photo by Peter J. Thompson/National Post As the government continues to audit taxpayers… Continue reading CRA says T4 slips insufficient proof of income for CRB eligibility and judge agrees

The Fed is raising interest rates, but there’s another tool that it hopes will help crush inflation and deflate market bubbles

The Fed has ratcheted up interest rates this year, but that’s only half of its approach to fighting inflation and taming frothy markets.  Quantitative tightening is meant to suck excess liquidity from the market, fighting inflation and deflating bubbles.  Experts say there is the potential it goes too far, but the Fed can avoid a… Continue reading The Fed is raising interest rates, but there’s another tool that it hopes will help crush inflation and deflate market bubbles

There’s a great bull market right around the corner in 2023, even as investors hoard cash at the highest rate since the pandemic began, BofA says

There is a great new bull market set to form in stocks next year, just not where most investors expect.Small-cap stocks are poised to go on a big run in 2023, according to a Friday note from Bank of America.”Secular trends of stagflation, reshoring, localization, fiscal stimulus = small cap bull in 2023,” BofA said.… Continue reading There’s a great bull market right around the corner in 2023, even as investors hoard cash at the highest rate since the pandemic began, BofA says

Brace for the Fed to steer the US into recession, Nouriel Roubini has warned. Here’s where ‘Dr Doom’, Sam Zell, and 3 other top experts think the economy will suffer.

Economist Nouriel Roubini has warned the Federal Reserve will have to trigger a recession. The US central bank has hiked interest rates from near zero to 4% to curb soaring inflation. Here’s “Dr Doom”, Sam Zell and other top experts on what damage that could do to the US economy. Loading Something is loading. Thanks… Continue reading Brace for the Fed to steer the US into recession, Nouriel Roubini has warned. Here’s where ‘Dr Doom’, Sam Zell, and 3 other top experts think the economy will suffer.