Monthly Archives: October 2020

Electric vehicles are the future, Canada will evolve or die

Posted on October 14, 2020 by Danielle Park

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 →

Posted in Main Page | Comments Off on Electric vehicles are the future, Canada will evolve or die

Oil demand flatlining as EVs accelerate

Posted on October 13, 2020 by Danielle Park

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 →

Posted in Main Page | Comments Off on Oil demand flatlining as EVs accelerate

Rock bottom rates are the disease not the cure

Posted on October 8, 2020 by Danielle Park

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 →

Posted in Main Page | Comments Off on Rock bottom rates are the disease not the cure