As regulators continue to examine whether sales fees should be unbundled from investment products, a new report suggests the move could have serious ramifications for Canadians’ access to financial advice and raise issues of investment choice, industry concentration and price transparency for clients seeking financial advice. The report, released Thursday by the School of Public […]
Source: Globe and Mail
Cost overruns at the North West Redwater Partnership’s Sturgeon refinery are back in the news. The Government of Alberta has confirmed that capital costs are now estimated at $9.3 billion, about a billion more than the last estimate in 2014. And that estimate was $2 billion higher than the 2011 estimate of $6.5 billion. It […]
Source: Calgary Herald
Why has Canadian productivity lagged so much compared to the United States? Is it risk-averse management in Canada? Too much taxation and regulation? Too little infrastructure and innovation? These are perennial questions that are highly important to our standard of living, which continues to take at least a 20-per-cent haircut relative to the U.S., with […]
Source: Financial Post
Desjardins has announced the temporary suspension of lending for pipeline projects, including Kinder Morgan’s Trans Mountain pipeline. If the decision becomes permanent, Desjardins might not fund other Canadian pipeline projects such as Enbridge’s Line 3 and TransCanada’s Keystone XL and Energy East. Canadian lender Desjardins may stop pipeline loans Michal Moore, senior research fellow with the University of Calgary’s School of Public Policy, spoke […]
Source: CBC
Calgary is the least-affordable city in Canada — if you’re poor. That’s according to a new analysis that looked at decades’ worth of data on rental costs and social-assistance rates. Average housing costs may be higher in Vancouver and Toronto, but it’s actually harder for single parents living on a low income to afford a low-end […]
Source: CBC
If Prime Minister Justin Trudeau wants to leave a lasting positive legacy that will be remembered by Canadians for all time he’ll need to do more than legalize marijuana, hike taxes and run record deficits. That’s why Trudeau would be wise to heed the recommendations of a Senate committee report born from research originating at […]
Source: Calgary Herald