According to a new report from Royal Bank of Canada (TSX:RY)(NYSE:RY), Canadian utility, telecom, and real estate stocks will face mounting headwinds under a Trump presidency. Their report, titled “The Corner of Bay and Trump,” highlights how higher U.S. fiscal spending combined with tax cuts is likely to lead to
As recently as a couple of months ago, few in Alberta would have predicted that the biggest blow to their oil-driven prosperity since the global financial downturn would come via a shakedown by Saudi Arabia. The most popular assumptions about the big risks would have been: lack of market access,
Since this is the season for prognostications, I thought I would make a few of my own as this is my last column for 2014. But rather than attempting to predict specific events or pick specific stocks that will be winners in 2015, here are five macro themes that you
Oil prices closed above $109 US a barrel Friday on fresh concerns about Iran’s nuclear program and despite evidence that demand remains weak. Retail gasoline prices in Canada and the U.S. also rose. Crude for April delivery closed at $109.77 a barrel in New York, up $1.94. Iran has rapidly
As Occupy Canada protesters across the country spent a second day in tents set up in urban parks on Sunday, protesters in Toronto launched another march in the city’s downtown core and gathered at a central shopping area. Members of the Toronto group who set up an encampment at St.
I’m sure this isn’t a new topic among financial authors, bloggers and investors but over the weekend I couldn’t help but want to express my…how should I say it…utter disgust with how British Petroleum (BP), in all levels, has handled the Deep Water incident since news broke back on April