Invest in Canada

Five Reasons to Invest in Canada

The opportunities in Canada are good and maybe in the short term or mid… as for the long term… that takes more time to see. Canada is in the most “comfortable” position compared to the other G8 countries.

1.“Peak Oil” theory. As shown in chart below, NYMEX Feb 09’s crude oil price is $40.8 and Dec [...]

Alberta slips into recession

Falling stock prices and energy revenues have hit Alberta hard, and the debt-free province is now expected to post a $1-billion deficit – its first budget shortfall in 15 years.
It’s a major reversal from even last August, when government officials were projecting Alberta would rake in an $8.5-billion surplus by the end of the 2008-09 [...]

Falling oil prices are hurting the major oil producers

After throwing a wrench into Canada’s oil sands growth and messing up Alberta’s budget surplus, slumping oil prices are beginning to bite into the government budgets of many OPEC members, Tristone Capital Inc. said in a report.
The Calgary-based energy investment dealer said Tuesday cartel outliers Iran and Venezuela are in the toughest spot, requiring oil [...]