City council will examine a recommendation on plans for the Veiner Centre on Monday evening.
Read more: http://tinyurl.com/z5pqptl
Monthly Archives: January 2016
Oversold Oil Markets Rally On Rumors Of OPEC Cut
Oil prices have seen a sharp rally over the last days and are back in the mid-30’s while the national average gasoline prices in the U.S. have fallen over 15 cents per gallon since the start of the year.
Read more: http://tinyurl.com/jhwjkuc
Alberta NDP spares industry, oil sands royalty rate to remain static
Alberta’s NDP government is making no changes to oil sands royalties under an industry-friendly new system that comes as it grapples with an oil price shock that has forced producers to slash billions of dollars in spending and shelve projects.
Read more: http://tinyurl.com/gowvghd
Edmonton’s inflation down, in line with national average
Prices for consumer goods and services in the Edmonton Census Metropolitan Area (CMA), as measured by the Consumer Price Index (CPI), fell from 2.0% in November 2015 to 1.6% in December 2015, on an annual basis.
Read more: http://tinyurl.com/h2oh3uo
City hall gives thumbs up to Stadium LRT area upgrade project
An open house was held Thursday night by the city to bring community members up to speed and collect ideas from the public regarding a planned revamp of the area surrounding the Stadium Station.
Read more: http://tinyurl.com/juvf9cy
Economy shows first sign of life since summer, inching forward 0.3% in November
OTTAWA – Canadian economic growth crawled back into positive territory in November, showing its first sign of life in the monthly data since the summer.
Read more: http://tinyurl.com/j9c7y32
Legal weed would take government revenues higher, with CIBC estimating a $5 billion boost per year
OTTAWA — Call it Prime Minister Justin Trudeau’s secret stash.
Read more: http://tinyurl.com/zwhgbh6
US Stock Market and The Gold Sector
To review our stance, which is years along now, the gold sector is not going anywhere until it becomes widely accepted that developed stock markets, including and especially those in the US, are in bear cycles. We have also drawn analogies to the Q4 2008 event that took place in what felt like a nanosecond compared to today’s long, drawn out process. For this reason, a better ‘comp’ has been the 1999 to 2001 time frame. That was a process as well.
Read more: http://tinyurl.com/jrktjw3
Interest-ing times
Bank of Canada’s overnight lending rate exposes disparities in Canada’s housing markets
Read more: http://tinyurl.com/zhn6svq
Industry encouraged by Alberta’s push for value-added energy products
Alberta’s petrochemical industry is encouraged the province will soon spark more investment in companies to upgrade and locally develop new products from oil and gas resources, despite few details in the royalties report released Friday.
Read more: http://tinyurl.com/hzk7u6j