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Monthly Archives: October 2020
Electric vehicles are the future, Canada will evolve or die
Canada is a global leader in auto and parts production yet one of the few auto-producing nations with no homegrown auto companies. Twenty years ago, Canada was assembling about three million internal combustion engine (ICE) vehicles a year for foreign … Continue reading
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Oil demand flatlining as EVs accelerate
In its latest annual World Energy Outlook report, the International Energy Association (IEA) reiterates its forecast that global oil demand will plateau over the next decade and at lower levels than they forecast last year. Here is their chart courtesy … Continue reading
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Rock bottom rates are the disease not the cure
A new study from the Business Development Bank of Canada finds that 76% of the small and medium-sized Canadian businesses surveyed saw a decline in revenue and profits in 2020. Nearly half laid off staff, while about 39% of entrepreneurs … Continue reading
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