As oil prices slump and take the Canadian dollar along for the ride the question of how budget projections that predicted a modest surplus can be maintained is the flavour of the month in Ottawa. Despite negative indicators the government is holding firm to its projections, but has also moved the [Read more]
We are often told not to put all our eggs in one basket and not to count our chickens until they hatch. Someone should have reminded the federal government about those poultry related maxims as they set out to spend a surplus based on assumptions which included oil trading at a high price. Now [Read more]
Nearly $2.4 Billion in Orders for the $500 Million Offering Ontario has successfully launched a green bond program with a bond issue of $500 million, making it the first government in Canada to issue green bonds. There was strong demand for Ontario’s first green bond, with orders [Read more]
With the Canadian dollar at four-year lows, attention has turned to the economy and the impact of the loonie’s devaluation on investors. Many economists are forecasting that the Canadian dollar will fall below the 89-cent (U.S.) level in 2014. National Bank analysts believe that the large [Read more]
