Posthaste: An energy shock much bigger than the oil is brewing out there

Canada’s inflation rate creeps up to 3% after gas prices spike
How to judge Newfoundland’s next Churchill Falls deal with Quebec
Posthaste: Canada’s gas tax holiday ends Sept. 8, but BMO’s chief economist thinks there’s a case to extend it
Higher gas prices expected to nudge Canada’s inflation rate back near 3% in July, economists say

Posthaste: The share of homes being built that Canadians can buy is plummeting

Construction of rental properties has been booming, but this much-needed boost could be setting Canada up for a bigger housing problem down the road, warns an economist. Kari Norman, senior…

Lumber giant Interfor confirms plans to move corporate support to the U.S.

Canadian lumber company Interfor Corp. confirmed plans Friday to move corporate support functions to the United States from its Burnaby,…

Posthaste: China helped save the world from an even worse oil price shock, TD economist says

If not for China , the oil price shock from the Iran war that continues to jolt the world would…

Posthaste: Alberta leads the rest of Canada in creating jobs, just not for the reason you think

Alberta is Canada’s job creation star so far this year, but no thanks to the energy sector, says a new…

Highlights

SpaceX hit by surging AI costs as insiders prepare to sell their shares

For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according…

New York sues Kalshi, says its prediction markets are illegal gambling
CBS’ ‘60 Minutes’ announces new slate of correspondents for upcoming 59th season
A new media ecosystem is taking root on the left, reshaping Democratic politics

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Posthaste: An energy shock much bigger than the oil is brewing out there

Oil prices have ebbed and flowed this summer with each new twist in the Iran war, but products made from crude — the fuels that…

Canada’s inflation rate creeps up to 3% after gas prices spike

Higher gasoline prices pushed Canada’s inflation rate up to three per cent in July, but economists said they’ll be watching whether new 50 per cent…

This TSX stock soared this week on ‘positive surprise’ as one analyst see 52% possible upside for ‘undervalued’ shares

What David Rosenberg is eyeing in Europe, why analysts hiked their price targets for the Big Banks and more from The Week in Stocks. Stock…

How to judge Newfoundland’s next Churchill Falls deal with Quebec

Two prominent critics of the rejected 2024 Churchill Falls power agreement between Newfoundland and Labrador and Quebec say Newfoundlanders should not judge any revised deal…

Posthaste: Canada’s gas tax holiday ends Sept. 8, but BMO’s chief economist thinks there’s a case to extend it

Prime Minister Mark Carney probably didn’t think that after suspending the federal excise tax on gasoline, diesel and jet fuel about a month into the…

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