CALGARY – A bright outlook for Alberta’s economy is being haunted by pipeline risks, says a new report released Thursday by the Conference Board of Canada.
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Tag Archives: risk
Minimizing risk when starting a small business
Q: Do you have a favorite sort of business that you like for the new entrepreneur? My skills are not online but that seems to be where everything is headed. My biggest fear is taking a risk and failing. Is there a type of business that can assure me success? — Kate
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Proposed pipeline would lower risk: ATCO
The Alberta Utilities Commission is accepting submissions relating to a proposed natural gas pipeline project just east of Red Deer.
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Why Risk Management Plays Such a Large Role in our Energy Future
Optimistic, but unwarranted, energy supply forecasts permeate the media (courtesy of the oil and gas industry) even as the occasional dire scenario gets coverage. But, it is well to remember that none of the people making forecasts can know the one thing they all desperately want to know: the future.
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Cutting the Risks
Drive down any street touched by the June floods, and it becomes obvious Calgary’s renovation industry is booming. But some Calgary contractors are warning area homeowners to use caution when hiring someone to do the work.
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Province will ban future development in floodways
In the wake of the largest flood in Alberta history, the provincial government will ban future development in floodways — the areas hardest hit by “100-year floods.”
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FORTUNE BELONGS TO THE BOLD
As anyone knows who has tried in whatever way to opine on the financial markets, sometimes three of the most important words in the English language are the following, “I was wrong.” The second most important three words are “I don’t know.” There are several reasons why I say this, but the most important one is that having lived through the 2008 financial crisis I can absolutely tell you that everyone from investment bank heads, CEOs of major corporations, to popular TV financial prognosticators, on down to private speculators and broker dealers in general did not see the crisis coming and took a bath on investments. Even the brightest minds get things wrong. And don’t get me started on central planners, who often never seem to be able to see asset bubbles coming, or to even know how to safely deflate said bubbles if they could see them coming.
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All Around The US, Risks Of A Water Crisis Are Much Bigger Than People Realize
With about half of the country still suffering from extreme drought, farmers and businesses in the Western United States are looking at another hot, dry summer.
And the country’s water risk is a lot worse than most assessments suggest, according to a recent study from the Columbia University Water Center.
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Canada one of few countries with unblemished debt rating
Canada is one of only six countries in the world that still holds a perfect credit rating by the largest ratings agencies.
And while that’s good for Canada, it’s creating a problem for investors, as the amount of so-called “risk-free” assets have plummeted in the wake of the financial crisis and ensuing debt crisis that is still raging in Europe.
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The Age of Deleveraging
The world’s major economies are struggling and their private-sector is deleveraging (paying off debt). If history is any guide, this deflationary process is likely to continue for several years.
You will recall that heading into the global financial crisis, corporations and households in the developed world were leveraged to the hilt. During the pre-crisis era, debt was considered a birth right and for decades, the private-sector leveraged its balance-sheet. Unfortunately, when the US housing market peaked and Lehman went bust, asset values plummeted but the liabilities remain unchanged. Thus, for the first time in their lives, people in the developed world experienced the wrath of excessive leverage.
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