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The new oil sheik of Quebec SOPHIE COUSINEAU MONTREAL — The Globe and Mail Published Tuesday, Feb. 05 2013, 7:45 PM EST Last updated Tuesday, Feb. 05 2013, 7:53 PM EST 6 comments 25 8 17 0 Print / License AA To say that I am a football fan is an overstatement as big as New Orleans’ Superdome, though I’ve always had a soft spot for the San Francisco 49ers. But I gave up on “my team” and on the Super Bowl when the Baltimore Ravens’ lead reached 22 points, and switched to Tout le monde en parle, the talk show that normally rules Quebec airwaves on Sundays. MORE RELATED
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I have an idea...lets keep the status quo. By Nicolas Van Praet Montreal • Forget Newfoundland, derided for decades as the fish-dependent fiscal laughingstock of Canada. Another province is swiftly climbing the ranks of the penniless: Quebec. Quebecers will displace their fellow countrymen as the poorest Canadians if current income and purchasing power trends continue, according to a new study released Tuesday by Montreal’s HEC business school. The stark outlook underscores the urgency for Canada’s second-largest province to fix its structural problems and lends weight to argu
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Riyadh’s new financial district Empty towers
Malek posted a topic in Projects elsewhere in the world
The Saudi capital is unlikely to become an alternative to Dubai any time soon May 11th 2013 | RIYADH |From the print edition THE glass-clad skyscrapers are reaching ever higher into Riyadh’s dusty sky. The first tenants are due to move to the King Abdullah Financial District in the Saudi capital’s north-west later this year. But they may well find it a lonely place: enthusiasm is clearly lacking for the development, which boasts 42 buildings and 900,000 square metres of office space—similar in scale to London’s Canary Wharf. Granted, new office districts often take time to come to -
Brazil’s economy The devil in the deep-sea oil Unless the government restrains itself, an oil boom risks feeding Brazil’s vices Nov 5th 2011 | from the print edition DEEP in the South Atlantic, a vast industrial operation is under way that Brazil’s leaders say will turn their country into an oil power by the end of this decade. If the ambitious plans of Petrobras, the national oil company, come to fruition, by 2020 Brazil will be producing 5m barrels per day, much of it from new offshore fields. That might make Brazil a top-five source of oil (see article). Managed wisely, thi
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Outside the box in old Montreal By Patricia Harris, Globe Correspondent | May 27, 2007 MONTREAL -- Once the weather warms there's hardly a better picnic spot than the riverside park of the Old Port. And there's hardly a better place to pick up your meal than Europea Espace Boutique , the Old Montreal gourmet shop opened by one of the city's top chefs, Jérôme Ferrer . No sub shop here, as the elegant minimalist decor and racks of museum-quality coffee sets and boutique condiments attest. Although Europea sits in the heart of the tourist district, you're likely to e
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I compiled the list down to a few names... All Canadian companies that excel in each category over other Canadian companies. - Aerospace & Defense: Bombardier - 8th (in that sector) [416th overall] - Banking: RBC - 17th (in that sector) [53rd overall] - Capital Goods: none - Chemicals: Potash of Saskatchewan - 16th (in that sector) [622nd overall] - Conglomerates: none - Construction: SNC-Lavalin - 34th (in that sector) [1063rd overall] - Consumer Durables: Magna International - 30th (in that sector) [922nd overall] - Diversified Financials: Power Corp of Canada - 9th (in that s
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We get our petrol from Alberta, I know its more costly than a Saudi operation, seeing its oil sand and what not. Plus all the taxes, but with the situation in Libya why are people freaking out about oil production, when we have our own shit. For one why should our prices go up, if we produce and refine our own petrol The way I see it, if people in Canada raise their gas prices because of Libya, they are just profiting from people's stupid fear. Plus what we are paying doesn't make sense already, but thats just me. We pay around 0.16 cents per liter. Actually, I might have figured out
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A new era of prosperity RICHARD FOOT, Canwest News Service Published: 8 hours ago Boom times for have-not provinces are redrawing Canada's economic and political map. The remarkable growth is resource-driven: potash and uranium in Saskatchewan, offshore oil in Newfoundland and Labrador To find the front lines of the global commodities boom, drive an hour east from Saskatoon on the Yellowhead Highway to Lanigan, Sask., home of the world's largest potash mine. Two huge, dome-covered warehouses, each about the size of a football field, stand on the mine site, eerily empty except
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Quebec will avoid recession: Desjardins The Gazette Published: 50 minutes ago Quebec will avoid slipping into recession because of tax relief, timely investment in infrastructure and strength in the aerospace industry, Desjardins Group economists said today. The economy will grow at about 1 per cent this year and 1.7 per cent in 2009, they estimated, though Ontario is already in recession due to its heavy reliance on the declining auto industry, they said. "The oil bubble could burst without warning, but a gradual decline to below $100 U.S. a barrel early next year is more lik
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Shell Canada a réussi à obtenir la grande majorité des actions de Duvernay Oil dans la foulée de son offre d'achat de sa concurrente évaluée à 5 G$ lancée le mois dernier. Pour en lire plus...
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The truth about the Alberta Oil Sands <object width="640" height="385"><param name="movie" value="http://www.youtube.com/watch?v=mFr782sTnwA?fs=1&hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/watch?v=mFr782sTnwA?fs=1&hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="640" height="385"></embed></object> <object width="640" height="385"><param name=
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China’s Stock Market Passes US as Leading Indicator Published: Wednesday, 4 Aug 2010 | 12:43 PM ET By: John Melloy Executive Producer, Fast Money China may be the second biggest economy in the world behind the US, but it is No. 1 in terms of influence over global stock markets, analysts said. “The Chinese equity market has shown signs of ‘leading’ global equity markets at turning points over the past three years,” wrote Geoffrey Dennis, Citigroup’s emerging markets strategist. “As a result, the 13 percent rally in the Shanghai Composite since early-July has been a major suppor
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Sinopec International Petroleum Exploration and Production (SIPC) acquiert Tanganyika Oil pour 2 milliards de dollars. Pour en lire plus... -
http://www.economist.com/world/americas/displaystory.cfm?story_id=15726687&source=hptextfeatureCanadian cities Mar 18th 2010 | CALGARY AND TORONTO From The Economist print edition And the gloom in Toronto TIME was when the decision over where to put a new Canadian capital-markets regulator would have been automatic. Toronto, Canada’s most populous city and the capital of Ontario, the most populous province, has long been the country’s business and financial centre. The biggest banks are there, as is the stock exchange. Legions of lawyers, accountants and bankers flock da
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LIST :: http://www.financialpost.com/magazine/fp500/list.html The beat goes on The right numbers are up. But momentum? That’s another thing Cooper Langford, Financial Post Business Published: Tuesday, June 03, 2008 Related Topics Story tools presented by Good stories start in the middle of the action, so let's do that - specifically at the No. 162 spot on the 2008 edition of the Financial Post 500, our annual ranking of Canada's largest companies by revenue. In that position: Martinrea International Inc., a Vaughan, Ont.-based auto-parts maker that's put the pedal to the met -
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(Courtesy of The Star-Telegram)
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Chevron had warned it couldn't clean up Canadian coastal oil spill Read more: http://www.montrealgazette.com/news/Chevron+warned+couldn+clean+Canadian+coastal+spill/3048813/story.html#ixzz0oRKon7wr Someone knock sense into the Newfies and don't let Chevron drill for oil. -
(Courtesy of The Calgary Herald)
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Obama : "The days where we’re just building sprawl forever, those days are over" President Obama was back on the road today to garner support for the economic stimulus package that passed the Senate early Tuesday morning. He was speaking today at a town hall forum in Ft. Myers, Florida, and near the end of his hour-long session, a city councilwoman asked him about transportation and infrastructure in the stimulus. Here’s how he responded: It’s imagining new transportation systems. I’d like to see high speed rail where it can be constructed. I would like for us to invest in mass
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Associated Press: Drivers are paying an average of $4 for a gallon of gasoline for the first time. AAA and the Oil Price Information Service say the national average price for a gallon of regular gas rose to $4.005 overnight from $3.988. But consumers in many parts of the country have already been paying well above that price for some time. Gas is expected to keep climbing, putting greater pressure on consumers and businesses, because the price of oil is soaring in futures markets. Light, sweet crude shot up nearly $11 a barrel Friday and approached $140 for the first time. Along w
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Will Quebec be a gas, gas, gas? Fund managers are making big bets on juniors targeting the Utica shale region SHIRLEY WON From Wednesday's Globe and Mail May 28, 2008 at 7:21 AM EDT Quebec may seem like an unlikely hot spot for natural gas exploration, but some investors are digging deeper into unconventional resource prospects in the province. Shares of junior gas explorers targeting the Utica shale region in the St. Lawrence lowlands have surged recently, with some fund managers making big bets on potential winners. "It could be a very large gas discovery for Canada
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Une société mixte tuniso-libyenne, Joint Oil, a conclu deux accords de prospection, d'exploitation et de services pétroliers avec la compagnie Canadian Superior. Pour en lire plus...
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Has Canada slipped into recession without anyone noticing? July 16, 2008 - 6:35 pm By: Julian Beltrame, THE CANADIAN PRESS OTTAWA - Canada is within a hair's breadth of slipping into a technical recession, economists said Wednesday, a day after the outlook for the North American economy soured sharply. But they add that it won't seem like recessions of the past. In fact, says University of Toronto economist Peter Dungan, Canadians may already have lived through a technical recession - two quarters in a row of a shrinking economy - and not noticed. "Our forecast is there's a reces
