As for the electricity sector, more than 80 per cent of Canada’s power generation comes from non-emitting sources such as hydro and renewables. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user […]
“I’ve been doing this 30 years and I’ve never seen markets like this,” Currie said in a Bloomberg TV interview. The Bloomberg Commodity Spot Index, which tracks 23 energy, metals and crop futures, has touched a record this year. Diesel futures are in their strongest backwardation since 2008, excluding expiry days, according to data compiled […]
Some 64 per cent of Canadians expect the value of real estate in their neighbourhoods to increase over the next six months, according to the latest weekly survey by Nanos Research Group for Bloomberg News. It’s a surprising result, coming a week after the Bank of Canada warned it plans to start raising lending rates […]
Vancouver, its coveted property stuck between the mountains and the sea, has been Canada’s most expensive housing market for so long that you kinda assumed it always would be. And while Vancouver is short on homes for sale, Toronto is worse. Single-family homes saw the biggest increases with prices up 36% year over year, reaching […]
The fund, with about $8 billion under management and best-known for its bullish position on oil and gas, filed a final prospectus on Monday that outlines the details of its carbon credit ETF, tentatively set to launch Feb. The carbon credit ETF adds further clarity to how Ninepoint views the energy transition: Its fund managers […]
In the third quarter in 2021, 22,013 migrants came to Alberta from other parts of Canada and only 17,524 left, for a net gain of 4,489 people, according to StatsCan data. “Even December was an extremely busy month. A report from RE/MAX released late last year showed that through the end of October 2021, Calgary […]
The new product line is an extension of Infinitum Electric’s IEs Series motors and will be available in the 575V, 5-15 horsepower range in 2H 2022. To date, Canadian HVAC applications requiring 575V power have largely relied on suboptimal motor configurations due to a lack of focus on the specific needs of the Canadian market. […]
RBC forecasts 579,600 existing homes will be sold this year. A report by Bank of Nova Scotia chief economist Jean-François Perrault says that Canada has the lowest average housing supply per capita among the G7. RBC estimates that the Canadian market was short 180,000 to 250,000 listings at the end of 2021. RBC says there […]
Employers had 874,000 unfilled positions, a decline of 9.3 per cent from October and the second consecutive monthly drop from a peak of about 988,000 vacancies in September, Statistics Canada reported on Jan. The report is positive, because a rebalancing of the labour market will be necessary to calm worries about rampant inflation, which spiked […]
Carbon capture, where the carbon dioxide from oil and gas production facilities is sequestered and injected back into the ground, is economically unsound and has a “terrible track record” of delivering emissions reductions, more than 400 Canadian academics and climate scientists said in their letter to Chrystia Freeland. The federal government will probably include the […]
Spharos, the company’s retail technology brand, has expanded solution lineup with Spharos Smart Store, Spharos Cloud Point of Sale , Spharos Smart Shelf and Spharos Vending Machine. ‘Spharos Smart Store’ utilizes key technologies of Spharos, such as artificial intelligence, sensor fusion, computer vision, and Cloud-based POS. With flexibility of SaaS offering, it supports a wide […]
In ‘GalaxyTornado’, a casual game, players can explore and develop new planets for the future of a resource-deprived Earth. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. This […]
Low inventory of homes for sale proved a major driver of prices in 2021. With one trading day left, the S&P 500 was set to end the year more than 27% higher, with the Nasdaq up about 23% and the Dow’s annual rise just shy of 20%. Insurance site Hellosafe worked out a scenario based […]
Legible and Red Cloud act at arm’s length, but Red Cloud may provide investment banking services to Legible and/or its clients may have an interest, directly or indirectly, in securities of Legible. The agreement is principally for the purposes of maintaining market stability and liquidity for Legible’s common shares and is not a formal market […]
For example, the housing price index in Greater Vancouver increased 16 per cent year over year, while prices in Fraser Valley were up 30.3 per cent. At the onset of the pandemic in 2020, many housing market forecasts painted doom and gloom by projecting sales and prices to decline. To forecast the future, one must […]
Disney’s stock got hammered in the pandemic’s early days, shedding about 38 per cent of its value in the month ending March 20, 2020. Its theme parks are still operating at reduced capacity, so Q4’s results could have been much worse. Streaming platform Disney+ is up to 118.1 million subscribers, and the company projects that […]
Canada’s successive governments have relied on immigration to drive economic growth in the face of a declining fertility rate, which hit a record low last year. Housing prices have helped stoked inflation to its highest in 18 years . The benchmark home price is up 77.2 per cent since November 2015, when Trudeau took power. […]
Trading volumes in Apple have been impressive as mentions of the company have climbed up the ranks on Reddit message boards. Investors have purchased an extraordinary number of Apple call options, derivatives contracts that pay off if its shares rise in value. The purchases have been concentrated on soon-to-expire options contracts, which are often favoured […]
Activated on Sunday, the Taproot Upgrade is designed to promote Bitcoin’s privacy, security and scalability while giving developers a larger toolbox to bring new projects to light. Between the locked-in date and the activation day over the weekend, miners and node operators were able to upgrade to Bitcoin Core version 0.21.1, the latest version of […]
I won’t write the term here, because it contains a common profanity, but you can probably guess what it is. Featuring the Japanese dog breed that is its name, shiba inu was branded as a “killer” of doge coin, an earlier cryptocurrency based on a meme of that same canine type. I do not consider […]