Calgary’s CORE shopping centre honoured

If you haven’t visited the CORE lately, it is well worth your while to see what has happened to the city’s downtown shopping centre in the heart of Calgary.

Over the last few years, the mall has completed substantial multi-million dollar renovations which have included an impressive new Devonian Gardens, new stores and its most spectacular feature, which is a massive skylight that literally takes your breath away.

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The American Oil Boom Has Been Massive For The American Rail Industry

I am impressed by soaring oil production in the US, which rose to a new cyclical high of 7.3mbd in mid-May. This output boosts industrial production. It also has been a windfall for the railroad industry where weekly car loadings of petroleum and chemical products has soared 41% over the past four years to a record high of 43,085 units in mid-May. That activity is helping to stoke the forward earnings of the S&P 500 Railroads into record territory.

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