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Author Archives: privatefinancetips

Could oil’s long, dark winter finally be over? Why there’s reason to be pessimistic

Since the Saudis lopped from the head of oil price support in December 2014, energy investors – as well as energy companies and also the thousands of Canadians who work with them, or at best used to – have lived via a long dark winter of Game of Thrones proportions. IEA for the first time sees light at the end ...

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More pain for Canada’s natural gas producers: U.S. drillers ready to pounce and reverse flow northward

U.S. gas drillers battered through the lowest prices in 17 years have found another release valve for their output: Canada. Over the past 5 years, the shale boom that unlocked vast supplies of gas across The united states has tripled pipeline shipments from the U.S. to Mexico, and spurred the very first seaborne exports from the lower 48 states. Now, ...

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Purveyors of pot work to shake off the ‘Reefer Madness’ stigma, rebrand cannabis

TORONTO – You won’t find brightly coloured bongs or bubble gum-flavoured rolling papers displayed from the backdrop of exposed brick and modern, industrial-style furnishings at Tokyo Smoke. Canada’s licensed pot producers face uncertainty after court says patients can grow their own In a choice Wednesday, federal court judge Michael Phelan gave patients the right to grow their own marijuana, arguing ...

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Quebec union seeks injunction to force Air Canada to conduct all heavy maintenance in province

MONTREAL — The Quebec Federation of Labour needs a lasting injunction to force Air Canada to conduct all of its heavy maintenance of its fleet in the united states. The union filed a request Friday with the Quebec Superior Court calling on the airline to respect its obligations under the 1988 Air Canada Public Participation Act to keep heavy maintenance ...

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Veresen still working to sign up buyers for Jordan Cove LNG project in Oregon

CALGARY

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Imperial Oil Ltd seeks approval for new $2-billion oilsands project near Cold Lake

CALGARY C Imperial Oil Ltd. has revealed plans for a new $2-billion oilsands plant at a time its competitors have cancelled or deferred new projects to outlive the oil price collapse. Imperial, among the largest oil and gas companies in Canada, announced Friday it had filed a credit card applicatoin using the Alberta Energy Regulator to construct a 50,000 barrel ...

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The U.S. bull market staggers to its seventh birthday

The bull market celebrates seven years this month, but economists say that increased volatility and the decreasing effectiveness of economic “bazookas” to rally risk assets suggest the bull is running out of steam. Nonetheless, the S&P 500 has managed to rally because the post-financial crisis lows of March 2009, even while a European debt crisis, a fiscal deadlock in Washington ...

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Lawrence Solomon: Why Fox News is still clobbering the media competition

On just about any day’s the entire year, year in year out, Fox News draws more viewers than CNN. More than MSNBC. Often, Fox News draws a lot more than each of them combined. Even though many major media are in decline, losing audience due to competition from social networking and new media, Fox News keeps setting records. We are ...

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