Category Archives: Economics

Canadian Finances in 2013

An online study by Ipsos Reid for Sun Life Financial interviewed 1,239 Canadians last month about their financial situation this year. The survey found that overall 57% of Canadians felt they were not any better off than they were a year ago. A disproportionate amount of women and those aged 55 and older (61%) felt this way. Only… Read More »

Foreign Interests

StatsCan says 18.7% of Canada’s assets were controlled by foreign enterprises in 2011. Not surprisingly about half of these entities are based in the US 🙂 The UK and Dutch-controlled enterprises held the second and third highest spots respectively. No other country had more than 5% of foreign-controlled assets. The shares of foreign-controlled assets and revenues declined from 2010, while the… Read More »

Oil Power

In 2003 oil was $30/barrel but today in 2013, it’s about $95/barrel. There are many factors that determine the price of oil like inflation, supply bottle necks, conflicts in the middle east, global economic growth, etc. Some people complain about the high price of oil today because it has tripled over the last decade. I guess it all… Read More »