QUESTION: You always mention how there were defaults and suspension of debt during the Great Depression by states and municipals. Was this also true in Canada? JRT ANSWER: Oh, yes. Whenever commodities have collapsed, Alberta finds itself in trouble. Central banks look to the national market and not to the regional sectors.
While Alberta has been supporting Canada for decades, the rising tide of environmentalists has devastated its economy to the point that people no longer seek engineering degrees in energy or exploration. The separatist movement is rising and the coming commodity boom may push Alberta to separate when they are unable to participate in an economic boom due […]
Here is something that is going viral. It is the reality of our political-economic situation as we head into 2032 and begin to watch this cascade out of control come 2020. If we do not respect what is written here, there will be no choice for society and it will lead to revolution and […]
The 2019 Canadian Outlook Report is particularly interesting this year with the Federal elections coming into play in October 2019. This year, capital flows are intense with political chaos everywhere we look. The impact of Canada within the mix of this global nightmare is going to be critical. This year’s Canadian Outlook 2019 report includes […]
QUESTION: Hi Mr. Armstrong, Quick question for you, as someone who grew up in Quebec in the 90’s, when Quebec was voting to separate. And now living in Alberta, and seeing the sheer anger here towards Canada, is there a legitimate chance Alberta moves towards the path of separation and actually brings it to a vote? […]
The price of Western Canadian Select (WCS) crude dropped more than US$55 per barrel BELOW North American benchmark of West Texas Crude. The widening discount is evidence the commodity is illustrating how the environmentalists are really destroying the Canada economy. They are causing taxes to rise as social programs continue on an unsound footing and in […]
Maxime Bernier PC MP is a Canadian businessman, lawyer, and politician, who is currently serving as Member of Parliament for the Quebec riding of Beauce, having been elected four times. He has pointed out that it is always the ordinary taxpayers who ultimately have to pay for all these benefits promised by the government. He has argued […]
Canada’s last commodity exchange is closing. The Winnipeg Grain Exchange, which was established in 1887, will shut down for good after its owner transfers the bourse’s only remaining futures contract to New York. It is ironic that when a decision like this is made, it is often a sign of a major change in […]
Foreign direct investment into Canada has absolutely plunged during 2017 to the lowest since 2010. There has been an effort to stop the sale of any property to foreign investors mainly from China. On top of that, there has been also a collapse in capital investment into the oil industry. There are fears also rising […]
