Statistics Canada released their weekly Local Business Conditions Index (RTLBCI) covering the week ending April 11, 2022 and it shows that business conditions in Calgary and Edmonton are on the rise. From January 3, 2022 to April 11, 2022, Calgary’s RTLBCI has increased from 164.97 to 239.36, while Edmonton’s has also increased from 214.65 to…… Continue reading Weathervaning Local Business Conditions
The Alberta government stopped collecting the fuel tax at the beginning of April in an effort to provide “real relief” to Albertans impacted by rising fuel and inflationary costs. The tax cut saves motorists up to $0.13/L on gasoline and diesel but reduces the provincial revenues by approximately $1.3B (nearly 3% of provincial revenues). For…… Continue reading Betting on WTI is a Short-term Strings Attached Solution
Consumers usually realize fairly quickly just how important the manufacturing sector is when they stare at empty shelves while shopping. In some cases being confronted with an empty shelf can lead to hysteria and panic leading to irrational behaviour. Generally, most consumers, pre-pandemic, never really had much cause to be concerned about how the Canadian…… Continue reading How Did COVID-19 Impact the Canadian Manufacturing Sector?
The International Transactions in Securities monthly report covers transactions in stocks, bonds, and money market securities between non-residents and residents of Canada. The report covers both Canadian and foreign issues in equity and investment fund shares and debt securities. Equity and investment fund shares include common and preferred shares and shares of investment funds. Debt…… Continue reading How Long Will Investor Confidence Last?
Continued low-interest rates by the Bank of Canada, escalating housing prices in all major metropolitan areas, and continued increasing demand for housing has made perfect conditions to drive investment in building construction. Since the depths of the great shutdown due to COVID-19 (March 2020), investment into building construction has been on a sharp return. Current…… Continue reading Location, Location, Location … Investment In Building Construction
Over half of all employed Canadians (52.7%) are working in occupations that value and require active learning skills. “Active learning” involves having the ability to understand the implications of new information for both current and future problem-solving and decision-making. There is now a notable increase in the proportion of workers employed in a variety of…… Continue reading Are Your Occupational Skills Up to Muster?
On March 11, 2020 The World Health Organization (WHO) declared the COVID-19 outbreak a global pandemic. At that time more than 118,000 people had been infected over 110 countries and the virus was spreading rapidly across the globe. The impact of COVID-19 and its variants have caused and continue to cause unprecedented systemic changes to…… Continue reading Are We There Yet? The Precarious Road to Recovery for Tourism
In November 2021, B.C. suffered the wrath of a Pineapple Express. Extreme rain from an atmospheric river dumped a month’s worth of rain within a few days causing rivers to overflow, farmlands to flood, and mudslides that wiped out nearly all major highways connecting B.C. to the rest of the country, forcing nearly 20,000 people…… Continue reading In Spite of Disaster and Disease Trade is Roaring Back
One happy-place for the professional contractor and weekend DIY’ers is standing in line waiting to pull a building permit for their upcoming (most likely started and almost finished) construction project. NOT! Ok perhaps obtaining a building permit for home renovations or construction projects may not be a favourite task, it is however, a necessary task…… Continue reading For your Safety and Economic Forecast, Pull a Permit
Inflation, simply put, is the overall decline in the value of money. As prices increase the less each dollar is worth. The larger the increase in the price of goods and services, the more individuals are required to spend each year on living expenses — housing, fuel, health care, and most importantly food. Last year…… Continue reading Brace Yourself for Inflation