As some of the biggest players in Canada’s oil industry fight for proposals to move the product west, south and east, a new plan is emerging to move crude north.
Read more: http://tinyurl.com/qyqdt45
As some of the biggest players in Canada’s oil industry fight for proposals to move the product west, south and east, a new plan is emerging to move crude north.
Read more: http://tinyurl.com/qyqdt45
Almost everyone I talk to thinks the European sovereign debt crisis has passed. All is on the mend in Europe, they say.
But as far as I’m concerned, nothing could be further from the truth.
Read more: http://tinyurl.com/muxo4dj
Manitoba is trying to help fill a skills shortage by recruiting workers from the crippled countries of Europe.
Provincial officials will be interviewing candidates for its “southern Europe recruitment mission” in Greece, Italy, Portugal and Spain this month, looking for temporary and permanent workers.
Read more: http://tinyurl.com/mdvsnud
OTTAWA (Reuters) – A European Union plan to label crude from the Alberta oil sands as dirty is unfair and could damage Canada’s bid to find new export markets, the Canadian resources minister said at the start of a mission to lobby against the idea.
Read more: http://tinyurl.com/bphpyvh
CALGARY — The Comprehensive & Economic Trade Agreement, an ambitious bilateral initiative between Canada and the European Union, is expected to be concluded soon and will have huge benefits for both trading partners.
Maurizio Cellini, First Counsellor, Head of the Economic Trade section, European Union Delegation to Canada, said Wednesday that intense negotiations have taken place for the past three years.
Read more: http://tinyurl.com/d6mtx36
FRANKFURT — The euro zone remains vulnerable to shocks because of weak banks and incomplete regulatory safeguards, the International Monetary Fund said Friday, in a warning to European leaders not to slacken their efforts to build a more resilient financial system.
Read more: http://tinyurl.com/comhueg
As Premier Alison Redford took to the air to lament the widening price differential between Alberta bitumen and world crude, Cal Dallas took a Euro-coaster of a trip to do something about it.
Dallas, Minister of International and Intergovernmental Relations, met with dozens of officials from business and government in five European capitals, pitching Alberta bitumen with a worrisome Fuel Quality Directive (FQD) vote looming. His quest: a fair shake for Alberta bitumen with the province’s third largest trading partner and the nation’s second largest source of foreign investment.
Read more: http://tinyurl.com/avsfnma
The European Union is “very close” to an “ambitious” free-trade deal with Canada, its trade commissioner said Thursday, with negotiations still seemingly needed on agriculture and investor protections, among other issues.
European Trade Commissioner Karel De Gucht couldn’t confirm when the trade talks would conclude toward the Comprehensive Economic and Trade Agreement, but he said the EU is “united in working together with Canada to close the gaps on the final issues.”
Read more: http://tinyurl.com/chq5u3w
You do not have to pay attention to politics and economics to be aware that Europe has been requiring financial assistance for quite some time. First it was Greece which then has led to others requiring funds. Although I believe the worst is still to come in this saga, the next generation of Europeans will benefit from all of this fiscal responsibility which is finally being forced upon nations which have relied on credit far too long to fund their lifestyles.
I have always been one to try and find that which is silent as not making waves in order to determine future trends. In the financial arena, there is one nation which has me greatly concerned and has not really caught the world’s attention. That nation is Japan.
Japan is the world’s third largest economy, has an aging population with a public debt at 200% of GDP. I do not see how this is sustainable long term because one cannot continue to spend more than one makes (even for a nation) indefinitely. The day of reckoning will come for Japan as it is coming for Europe.
Although it will not happen in 2012, I believe the United States will also go down this route and sometime later Canada will have to take responsibility for their financial books. Ontario’s situation is a sneak preview of what is coming for other provinces. Fortunately, in Alberta we have the strongest economy in the country and are much better prepared to weather the coming years.
Christine Lagaard was quite accurate when she saw the world economy as lost for the next 10 years. The only questionAlbertamust ask itself is how to cope and even prosper while the world struggles to find itself.