Canada

Canada: Caisse to Reduce High-Carbon Investments, Boost Renewables – Bloomberg – 18/10/2017

Caisse de Depot et Placement du Quebec, one of Canada’s largest pension funds, will scale back its high-carbon investments such as coal while boosting its renewable holdings in a bid to help fight climate change.

Source:  Bloomberg, 2017/10/18

By |October 19th, 2017|Categories: News|Tags: , , |

Canada’s renewable energy growth projections scaled back after Ontario scraps clean energy program: Report – Financial Post – 04/10/2017

A new report expects growth in Canadian renewable energy capacity to slow in the next five years compared to earlier projections, a decrease that comes after Ontario scrapped a contentious clean energy program aimed at boosting wind and solar supplies.

Source:  Financial Post, 04/10/2017

By |October 12th, 2017|Categories: News|Tags: , , |

Canada: Big banks raise consumer lending rates after Bank of Canada rate hike – Financial Post – 06/09/2017

The prime lending rate at the country's five big banks will rise to 3.2 per cent, effective Thursday, following the Bank of Canada's rate hike

Source:  Financial Post, 06/09/2017

By |September 7th, 2017|Categories: News|Tags: , , |

Canada’s climate-change plan threatens business competitiveness, Trudeau warned – The Globe and Mail – 25/07/2017

Canada’s climate-change plan and other government measures are heaping costs on businesses and pushing them to a breaking point, the Chamber of Commerce says in a warning to Prime Minister Justin Trudeau.

Source:  The Globe and Mail, 2017/07/25

By |July 27th, 2017|Categories: News|Tags: , , |

Canada’s growth to moderate after strong showing, but will still remain ‘above potential,’ says central bank governor – CNBC – 28/06/2017

Bank of Canada Governor Stephen Poloz told CNBC that the country's economic growth will moderate after a strong showing in the first quarter. But growth will still be "above potential", in line with a broad economic pick-up globally, he said. Coming NAFTA re-negotiation is a potential headwind, but impact is hard to quantify now, Poloz [...]

By |June 29th, 2017|Categories: News|Tags: , , |

Canadian non-mortgage debt hits $21,696 as Alberta consumers struggle – The Globe and Mail – 08/06/2017

A new report from credit-monitoring agency TransUnion has found that Canadians are taking on consumer debt in a healthy way – except in Alberta and other oil-dependent regions.

Source:  The Globe and Mail, 2017/06/08

By |June 8th, 2017|Categories: News|Tags: , , |

The world wants more Canadian oil and natural gas: survey – JWN energy – 07/06/2017

The world sees Canadian oil and natural gas as part of the energy future and the preferred source of energy imports, according to a new global research survey, 2017 Global Energy Pulse, the first-of-its-kind conducted by Ipsos on behalf of the Canadian Association of Petroleum Producers (CAPP).

Source:  JWN energy, 2017/06/07

By |June 8th, 2017|Categories: News|Tags: , , |

OECD latest international body to call out Canada on housing markets – News1130 – 07/06/2017

The OECD is calling on Canada to do more to address risks associated with high-priced housing markets in cities such as Toronto and Vancouver, the latest international body to draw attention to the country’s real estate sector.

Source:  News1130, 2017/06/07

By |June 8th, 2017|Categories: News|Tags: , , |

Canada’s PM Trudeau claims climate champion role while embracing Big Oil? – NCPR – 23/05/2017

Canada’s Prime Minister Justin Trudeau has offered himself as a global leader on climate change, unveiling an ambitious new environmental plan that includes phasing out coal-fired power plants, a tax on carbon, and big investments in renewable energy.

Source:  NCPR, 2017/05/23

By |May 24th, 2017|Categories: News|Tags: , , |

Canada produces 66% of its electricity from renewables – Independent – 03/05/2017

The country is the second biggest producer of hydro electricity in the world, accounting for 10 per cent of the entire world’s generation.

Source:  Independent, 2017/05/03

By |May 4th, 2017|Categories: News|Tags: , , |