Today’s sheep are spared, so that tomorrow’s may be more lavishly fleeced. Finance Minister Joe Ceci’s budget released this past Thursday showed a $10.3 billion deficit for the coming year and that Alberta’s debt would rise to $71.1 billion by…
Ever since Trump’s unexpected victory at the polls, trade has been a hot topic here in Canada. With good reason: President-Elect Trump has spoken of renegotiating NAFTA, the trade deal governing Canada’s relationship with its biggest export market the USA….
A new poll from CIBC finds that paying down debt is once again the top financial priority for Canadians in 2017, the seventh straight year that debt concerns have headlined the annual survey. Coming in at nearly 30 per…
As MacLean’s Jason Kirby points out, the Bank of Canada, in a clear sign of desperation, has taken to YouTube to warn Canadians about the dangers of too much debt and unrealistic house price expectations. He wonders,…
Effective December 2016 we have moved our headquarters in Sherwood Park, AB. to a new location. We’ve finally moved, but its not far, Here’s our address, so you know where we are. Suite 280 – 2181 Premier…
Ultimately, the purpose of any business is to make a profit. The value of any business is largely determined as a multiple of its profit or cash flow. While many, if not most, businesses lose money during their start up…
Despite speculation over the past year that Canada may very well be on the road to joining Japan and Europe in the negative interest rate policy (NIRP) club so far the Bank of Canada (BOC) has stood its ground…
Back in September it was reported that for the first time ever, the level of debt held by Canadians has exceeded the country’s gross domestic product as the red ink spilled over in the second quarter to 100.5 per cent…
In addition to reporting on the dangers facing global banks as a result of declining profits in the current low rate environment, this past month the IMF (International Monetary Fund) also released its latest Fiscal Monitor…
While our provincial and federal government intelligentsia continue to focus their legislative efforts on critically important activities (I say this purely in jest) such as new environmental regulation, carbon taxes and carbon levies in an attempt to reduce Canada’s current…
