Monday, August 13, 2018

CFL: The Rock's Instagram Of His Days in the CFL Is The Biggest Marketing Event Yet...And it was Free!

Let's see if this translates into more clicks for the CFL.ca website and hopefully more interest generated in younger fans.

Amazing how life gives you twists and turns.

https://www.instagram.com/p/BmXUthzhx2n/?utm_source=ig_embed

Friday, August 10, 2018

Latest Jobs Numbers in Canada: Remember That Bank of Canada Interest Rate Hike? Get Ready For a Plateau of Interest Rakes...or a Decrease...That's How Bad Things May Be

At the time of its July 11, 2018 overnight rate hike to 1.5% it almost seemed The Bank of Canada was giving itself a tool in order to decrease rates in the future as NAFTA uncertainty was ongoing, oil was rising.  Now we have unattractive jobs numbers, a 5.8% unemployment rate that reporters and economists would like us to jump and down for (meanwhile in the big bad USA...~4.0%) and a Saudi political spat probably resulting in oil supply impacts to the refineries in Eastern Canada if it lasts beyond three months.

Not only is Trudeau silent on the whole affair, but no support from USA or UK proving how childish and needless this human rights hounding of a contry that will likely not change.  With no economic benefits to score, only possible poll results to gain, Canadians now face the brunt of needlessly poking a holder of Canadian equities (130 points drop on the TSX the Monday after it was announced) that has claimed to be selling everything Canadian and likely will cut off oil supplies (yes Canada - oil from Saudi Arabia and such countries comes to Canada and flows down the St. Lawrence!).

"...Across the provinces, Ontario gained 60,600 jobs — all in part-time work — and the unemployment rate dropped 0.5 percentage points to 5.4 per cent for its lowest reading since July 2000..."

https://business.financialpost.com/news/economy/newsalert-canada-adds-54100-jobs-in-july-unemployment-rate-falls-to-5-8-2

Wednesday, August 8, 2018

Saudi Arabian Consequences: Hello Higher Gas Prices in The East, And Where is Invisible Justin?

All for Justin to gain a few more political points.  Well, the consequences are now happening.   What did the Liberals expect? You poke something long enough, guess what...?

As we do not have a full all-Canadian energy plan and no pipeline to transport to refineries in the east of Canada, guess where that is sourced?

I sense a few more personal days and a surf trip for our Prime Minister to avoid this one. 

https://business.financialpost.com/commodities/why-it-wont-be-easy-for-quebec-and-atlantic-canadian-refineries-to-replace-saudi-oil

Invisible Morneau: Trans Mountain Now Expected to Cost $1.9 Billion More And One More Year...Thanks to SEC Filings

https://nationalpost.com/news/politics/cost-to-twin-trans-mountain-pipeline-now-1-9b-higher-kinder-morgan-says?video_autoplay=true

"Kinder Morgan has long said it would cost $7.4 billion to build a second pipeline parallel to the first in order to triple its capacity, but the financial documents now say the company expects a $9.3-billion price tag.

The documents also suggest construction won’t be done until December 2021 — a full year beyond the last projection of December 2020.

Finance Minister Bill Morneau has been reluctant to discuss how much more it will cost to build the pipeline while the deal is still being finalized, and the closing date for that deal is now being pushed back well into the fall."