Wednesday, December 19, 2018

A Pittance! Liberals Have the Gall to Offer a Measly $1.6 Billion to Alberta's Oil Producing Industry....In the Form of Loans!?!?

Just when you think this government could not act any more childish, mean spirited (in a political sense) or just plain idiotic, Justin and his band of reality challenged cohorts never cease to amaze.

As if this $1.6B is going to plug any holes in the already bursting dam (of capital fleeing from an important industry in Canada).  Just a sign of the times...and "sunny ways".

As an aside, and adding insult to injury, MP Sohi is the one appointed to look after this file, one of the most important files currently for Canada (Immigration being the other).  It appears he is so over his head with incompetence in this role, that Jim ("Dude where's my...") Carr had to show up to stand next to Sohi as that was Carr's previous role - to help Sohi with the buzz words of the industry he has not learned yet?.

What is  more ironic, Carr is the Minister of Trade Diversification! The Liberals are doing everything possible to REDUCE diversity of trade especially as it pertains to Alberta's oil sands!

https://business.financialpost.com/commodities/energy/what-is-ottawas-energy-loan-program-and-will-it-actually-help-canadas-battered-oilpatch?video_autoplay=true

Wednesday, December 5, 2018

Bank of Canada Rates Unchanged: Thank The Liberals For Bungling Canada's Energy Industry and its Contribution to Economic Growth That May be “Materially Weaker”

In the USA, the unemployment rate is closer to 4%, and is not complacent about it.  Here in Canada we are supposed to jump for joy at 6%.  The impacts of pipelines lacking is finally resulting in the rose colour coming off economists' and BoC's glasses.

What's that I hear? I think I hear a sigh of relief from real estate agents and mortgage brokers.

https://business.financialpost.com/news/economy/bank-of-canada-holds-interest-rate-at-1-75-per-cent

https://www.bloomberg.com/news/articles/2018-12-04/falling-car-sales-are-latest-sign-of-rate-hikes-hitting-canada?srnd=premium-canada

Aphria: Does White Collar Crime Pay in Canada? Full Quintessential Capital Report

There is a reason why these early stage companies are not listed in the USA. The SEC would be chasing cats with stories like these that are allowed to exist in Canada.

Also the media has chosen to ignore the details of insiders ownerships of target companies when Aphria acquired them and only refer to a negative report as Quintessential is a short seller.


Tuesday, December 4, 2018

$50 Million: If Trump's Tweets are Erratic (and Ego Driven), Then Trudeau's Tweets are Reckless, Infuriating (And Ego Driven)

Foreign aid and foreign policy through a phone ? Meanwhile an auto industry in Oshawa looks on...

"...The timing was inopportune from Trudeau’s point of view. In lieu of economic stress in Oshawa and Alberta, where the government offered little more than thoughts and prayers, the Prime Minister had apparently opened the government’s cheque-book to send money abroad..."

http://nationalpost.com/opinion/john-ivison-trudeaus-tweeting-with-the-stars-a-reminder-of-the-risky-side-of-political-theatre