US Researchers Turn to Canada for Quality Cannabis Extracts $TLRY, $GWPH The US government has approved the importation of marijuana extracts from Canada for a clinical trial, highlighting a new path for American researchers who have trouble obtaining the drug for medical studies. The University of California San Diego’s Center for Medicinal Cannabis Research announced […]
Forex: USD Fell on Canada’s Alignment with President Trump on Trade $USD/CAD The US fell Wednesday in Asia as sources said Canada was ready to make a concession to the United States to resolve their talks over reworking the North American Free Trade Agreement (NAFTA). US Dollar (.DXY) Index finished littl changed at 95.19, looking to […]
Huge Tariffs on Chinese Goods Ready Now US President Donald Trump has raised the stakes on the proposition that the world will line up behind the US to take on China over trade. President Trump said Friday that he is willing to slap tariffs on an additional $267-B in Chinese goods, on top of duties […]
Big-Name Investors Dabble in Marijuana Stocks $MJ, $DEO, $STZ Shares of marijuana companies are beginning to attract a few big-name investors. Billionaire Leon Cooperman, 75 anni, chimed in on a recent earnings call for Green Thumb Industries, a Chicago-based grower and seller of medicinal cannabis that recently went public in Canada. The iconic hedge fund […]
President Trump Enjoying a Working Holiday this Labor Day US President Donald Trump spent Monday in the Oval Office working on trade issues, the White House said. According to the WH pool report, President Trump emerged from the executive mansion at 10:40a EDT wearing dark-colored pants, a red polo shirt, and a white cap. There […]
President Trump’s Mexico Trade Deal a Look at the Future President Donald Trump has sidestepped conventional processes, protocols and procedures in trade negociations Last Monday, the US reached a preliminary trade agreement with Mexico that addresses several American grievances. A similar deal with Canada may also to be on track. These breakthroughs, combined with an easing […]
President Trump, “Canada Will be Out’ of Trade Deal Unless It’s ‘Fair’” Saturday, US President Donald Trump warned Canada that it “will be out” of a revised North American trade agreement unless it’s “fair” to the United States, and he threatened to scrap the current deal should Congress “interfere” with the negotiations. “There is no […]
S&P 500 and NAS Comp Notch Record Highs Again $DIA, $SPY, $QQQ, $RUTX, $VXX There is room to run in the equity markets with more records being hit, especially with the momentum on trade. S&P 500 and the NAS Comp hit all-time highs for the 4th session running Wednesday, boosted by a rise in Amazon.com […]
US Investors Buying an ETF that Tracks the Canadian Marijuana Industry $MJ, $DEO, $STZ US investors are buying into an ETF (exchange-traded fund) that tracks the Canadian marijuana industry as the country moves toward legalization and liquor producers show growing interest in selling marijuana. The US-listed $436-M ETFMG Alternative Harvest ETF, (ticker MJ), has taken […]
Canada Must Align with the US on the NAFTA Redo Or ‘it is Over’ Canada and United States are set to tackle contentious issues in bi-lateral talks Wednesday, as the 2 nations work to salvage the North American Free Trade Agreement (NADTA) on signs Ottawa was open to taking a more conciliatory approach. After more […]
US Wants to Reach Canada Trade Deal ‘Quickly’ The United States want strike a quick trade with Canada after reaching an agreement with Mexico this week on continent-wide trade, US Treasury Secretary Steven Mnuchin said Tuesday. Canada’s Foreign Minister Chrystia Freeland traveled to Washington to begin talks later Tuesday, 1 day after US President Donald […]
Broad Based Wall Street Rally Continues to Post Record Closes $DIA, $SPY, $QQQ,$RUTX, $VXX US and Mexico reached bi-lateral trade agreement; Canada will now join the discussions Buying momentum following new records for the S&P 500, NAS Comp, and Russell 2000 Cyclical sectors outperform; heavily-weighted financial group particularly strong Wall Street’s broad-based rally drove the […]
President Trump Announces the United States-Mexico Trade Agreement The Trump Administration and Mexico have reached a preliminary accord to end the North American Free Trade Agreement (NAFTA) and replace it with a deal that the administration says is more favorable to the United States. US President Donald Trump, in announcing the tentative agreement Monday at […]
US and Mexico’s Trade Negotiators Just “hours” Away From a Deal US and Mexican trade negotiators are “hours” away from squaring away bi-lateral differences on the North American Free Trade Agreement (NAFTA) a Top Mexican official said Sunday. Canada on hold for a bit. Mexican Economy Minister Ildefonso Guajardo told reporters that work with Canada, […]
On the Resolution of China and NAFTA Trade Talks US Stock See Next Leg North $DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, Wharton School finance professor Jeremy Siegel advised savvy investors that the current Bull market could extend as much as 10% higher if the US were to settle its trade dust-up with China and reach a […]
GOP Buys NY Gov. Cuomo a 1-Way Bus Ticket to Canada Thursday, New York Gov. Andrew Cuomo’s political opponents on the right and left seized on his comment that America “was never that great,” with Republicans buying him a bus ticket to Canada and intra-party rival Cynthia Nixon accusing him of trying and failing to […]
Mexico the Focus of the WH NAFTA Redux, Canada on Hold US President Donald Trump said negotiations with Mexico on a new Nafta are “coming along nicely,” while telling Canada it will have to wait to re-enter the talks to modernize the three-nation trade pact, signaling his preference for bi-lateral negotiations. “Deal with Mexico is […]
Canada Quietly ‘Begging’ for Help in its Dispute with Saudi Canada is quietly ‘begging’ allies including Germany and Sweden for help with resolving its dust-up with Saudi Arabia, a government source confirmed Thursday. The senior official said Foreign Minister Chrystia Freeland had spoken with her counterparts in the 2 European nations. Germany and Sweden previously […]
Saudi Arabia ‘Freezes Out’ Canada on Trade, Recalls Ambassador Saudi Arabia suspends new trade and investment with Canada after that country’s foreign ministry urged Riyadh to release arrested civil rights activists, it said in a statement released to the official Saudi Press Agency Sunday. It also gave Canada’s Ambassador 24 hours to leave the country […]
American Voters Have Little Support for NAFTA Fewer American voters support the continuation of the NAFTA agreement than those who think it would be better to see it fold, according to a new study. In a YouGov poll commissioned by the Bertelsmann Foundation, 36% of Americans said it would be beneficial for the US if NAFTA […]
US, Mexico Said Near a Deal in NAFTA Talks, Canada Left Out The US and Mexico are in the final stages of negotiating a deal on rules for cars sold under NAFTA The 2 sides have exchanged new proposals for the auto industry. Mexican Economy Minister Ildefonso Guajardo is scheduled to travel to Washington Thursday […]
President Trump’s Policies Restore Economic Prosperity After about 19 months in the Oval Office, US President Donald Trump’s economic policies have begun to return the US to real economic prosperity. The U.S. Bureau of Economic Analysis (BEA) announced that in Q-2 of this year GDP grew at a 4.1% annual rate. It has been 13 years since […]
The Canadian Shooter was a Terrorist Police in Ontario, Canada, have identified the perpetrator of Sunday’s shooting attack in Toronto, in which two people were killed, as Faisal Hussain, 29. His family said Hussain was struggling with “mental illness” as Canada is far to liberal to admit to having a Muslim Terrorist. The Special Investigation […]
President Trump, “China, EU ‘Manipulating Currencies’” President Donald Trump doubled down Friday morning on his plan to impose massive tariffs on China and the European Union, Tweeting that the United States should be on a “level playing field’’ with countries that have been “manipulating their currencies.” Trump also zeroed in on Canada in a 3rd […]
17 October 2018, Canadian Marijuana Legalization Day Marijuana will be legal nationwide in Canada starting on 17 October in a move that should take market share away from organized crime and protect the country’s youth, Prime Minister Justin Trudeau said in a very optimistic and hopeful statement Wednesday. The Senate gave final passage to the […]
Canada’s Senate Approves the General Use of Recreational Marijuana Tuesday, Canada’s upper House of Parliament approved a revised bill to legalize recreational marijuana, setting the stage for the country to become the 1st G7 nation to legalize cannabis. The Senate voted 52-29 in favor of the revised bill from the elected House of Commons, paving […]
Robert De Niro’s Defining Moment Will Be Remembered as Cursing Our President Aging Hollywood actor, Robert De Niro struggling for relevance, becomes a left wing spectacle Once lauded Hollywood actor, Robert De Niro, after making a huge spectacle of himself on national, is now apologizing to Canadians for the “idiotic behavior of my President” a […]
Trump Vs Trudeau: Strong USD = Pain for All Canadians $USDCAD The Canadian Dollar (CAD) aka ‘Loonie’ slumped Monday on continuing trade issues between Canada and the US, and there is noting to keep the Loonie from extending its fall. USDCAD, +0.0539% was among the worst performers Monday following the G-7 Summit that saw US President Donald […]
Large Top Quality White Diamond Unearthed by Canada’s Mountain Province Diamonds $MPVD Mountain Province Diamonds (NASDAQ:MPVD) said last week it had found a 95-carat gem Diamond at its Gahcho Kué mine located in Canada’s Northwest Territories. It’s the largest gem quality diamond and the 4th biggest recovered from Gahcho Kué since production began just under 2 years ago. The […]
F1: Ferrari’s (NYSE:RACE) Sebastian Takes the Chequered Flag at Canada $RACE Ferrari’s (NYSE:RACE) Sebastian Vettel cruised to victory at Canadian Grand Prix Sunday, taking championship lead from Lewis Hamilton. Ferrari champion driver Sebastian Vettel was dominant from lights out to the Chequered Flag and now is just 1 point ahead of rival Lewis Hamilton in the […]
F1: Ferrari’s (NYSE:RACE) Sebastian Vettel on ‘The Pole’ at Canadian Grand Prix $RACE Saturday afternoon in Montreal, Canada Ferrari’s (NYSE:RACE) Sebastian Vettel drove around the circuit fastest of all the racers to post his 54th F1 Pole position. With that his main rival, MercedesAMG’s Lewis Hamilton learned that his 14-point championship lead could easily vanish, […]
Ferrari (NYSE:RACE) Ferrari Challenge North America Heads to Montreal $RACE Ferrari Challenge North America heads to Circuit Gilles Villeneuve in Montreal, Canada, from 8 to 10 June 8th. Below is a rundown of of the line up after an action-packed weekend of racing at Laguna Seca, where about 70 Ferrari racers raced. Trofeo Pirelli After a […]
President Trump Considering NAFTA ‘Breakup’ US President Donald Trump may seek separate talks with Canada and Mexico in a bid to get individual trade deals with the 2 countries, aka Breaking up NAFTA “He is very seriously contemplating kind of a shift in the NAFTA negotiations. His preference now, and he asked me to convey […]
President Trump, “US can only win after years of bad trade deals” US President Donald Trump kept up the pressure on trade agreements, slamming both China and Canada. His comments came in a pair of Tweets. He noted that after so many bad trade deals, the United States can only win. On Friday, President Trump blasted […]
US Standing Up for its Interest in NAFTA Trade Talks Sunday, top White House economic adviser Larry Kudlow denied negotiations on the North American Free Trade Agreement (NAFTA) have broken down,saying, however, President Donald Trump “is right” to “stand up for U.S. interests.” Mr. Kudlow said in a TV interview, “good faith negotiations are welcome.” […]
F1: Expect Ferrari (NYSE:RACE) to Bring More Power to Canada $RACE Ferrari (NYSE:RACE) has found itself behind MercedesAMG after a strong start to the 2018 F1 season and an engine power boost for the Canadian Grand Prix may be needed to turn around their fortunes. Monaco on 27 May is the least power dependent circuit of […]
Cannabis Coming of Age in the USA Today, the cannabis industry in the US can breathe easier as former Republican House Speaker John Boehner joins the advisory board of US cannabis producer Acreage Holdings. The announcement that Mr. Boehner and former Massachusetts Governor William Weld will advise Acreage, a private company, should act as a […]
Top Trade Officials Working to Update NAFTA Top US, Mexican and Canadian trade officials met Friday to discuss prospects for updating the North American Free Trade Agreement (NAFTA). No time limit has been set for the Washington talks between US Trade Representative Robert Lighthizer, Mexican Economy Minister Ildefonso Guajardo and Canadian Foreign Minister Chrystia Freeland, […]
President Trump Staking US Trade Position Vs China and the World The US trade figures for February that were released this week and showed a widening deficit. President Donald Trump’s policies over the past year have been calculated to increase the size of the US trade and current account deficits. One could easily say that the […]
President Trump’s Tariffs Announced, Market Jumps $DIA, $SPY, $QQQ, $VXX US stock finished higher Thursday as investors awaited President Trump’s official approval of tariffs on steel and aluminum imports, which he gave just minutes before the close. The S&P 500 finished with a gainer of 0.5%, closing at its best mark of the day, while […]
President Trump Will Not Back Down on Tariffs US Treasury Secretary Steven Mnuchin said The Trump Administration is not trying to provoke a global trade war with the steel and aluminum tariffs announced last week. “We are not looking to get into trade wars,” Secretary Mnuchin said Tuesday during a congressional committee hearing when asked […]
Understanding President Trump’s Tariffs Trade protectionism equals tariffs and import quotas, Is what we do in times of peace and what foreign nations do to us in times of war. Or consider that we impose sanctions on US enemies such as NKorea, Russia and Iran because we want them to feel the economic pain of […]
Big Tobacco Enters the Legal Cannabis Business in Canada $AOI, $SZT While not a household name, a big US tobacco firm, Alliance One International Inc. (NYSE:AOI) has 1-upped its better known and much larger tobacco sellers by acquiring stakes in 2 Canadian firms involved in that country’s medical marijuana market. The acquisitions of the marijuana-related […]
President Trump Will Soon ‘Pull the Plug’ on NAFTA Loonie and Peso fall in response Canada is convinced that US President Donald Trump will announce that the United States intends to pull out of the North American Free Trade Agreement aka NAFTA, government sources said Wednesday. The 2 sources said they expected President Trump would […]
Box Office: Global Expanded, Domestic Contracted in 2017 $DIS, $CMCSA, $TWX Revenue in North America for Y 2017 dipped 2.3%, but growth at the international box office resulted in a 3% uptick worldwide box. The performance of the Y 2017 worldwide box office was a roller-coaster ride. Attendance fell in North America to a likely […]
Marijuana ‘Haze’ Covers Canada, TMX Debating US Policy Canada’s stock market has been focused on the Cannabis industry opening up, but the country’s largest stock exchange is grappling with how to deal with Cannabis related companies that have investments in the US, where marijuana is banned by federal law. There could be more certainty soon, there […]
Trump Shames NATO Members in to Paying Fair Share Free Ride Ends for NATO Members as Trump saves American Taxpayers Billions of dollars. Canada’s overall defense budget will jump by almost three-quarters over the next 10 years, reaching $24.2 billion in 2026/27 – a significant increase from $13.9 billion in 2016/2017. He said the boost […]
‘Destroy Trump’ Cabal Determined to Distract Congress from Tending to Business Thursday, US Secretary of Commerce Wilbur Ross said the ongoing investigation into ties between Russia and President Donald Trump is a distraction from more important items on the White House agenda. “We have to get on with it, get this over with. It’s a […]
Canada Could Lower Age Limit for Legal Marijuana Canada may move to legalize marijuana nationwide may be setting the minimum age for use at 18 anni, that is 3 years lower than in US states that have voted in legalization. This is a very controversial a move that is being closely watched by lawmakers. Advocates […]
Mexico Is Looking for a Quick NAFTA Rewrite Mexico’s #1 trade negotiator said he is heartened by a retreat from more protectionist rhetoric in the US and that talks to redo the North American Free Trade Agreement may conclude as soon as January 2018. Economy Minister Ildefonso Guajardo said the January date would depend on the […]
Gold Miners “Magic” Triggers $24-B Exploration Race $GLD, $EXCFF, $RIO, $BHP $SLW The sector is coming off of the bottom of the Bear Market cycle A rebound in exploration by global miners could see spending hit C$24-B by Y 2025 with China the front runner in the search for a new generation of giant discoveries. […]
Canada to Legalize Marijuana in 2018 Sunday, it was reported that in April Canada’s government will announce that Marijuana will be legalized across the country by July of Y 2018. The move comes on the recommendation of a high level government task force who’s leaders briefed Canadian lawmakers at the weekend on how to handle […]
In Canada: Saying Islamic Terrorism will be Illegal Well you just can’t make this stuff up. A motion to condemn “Islamophobia and all forms of systemic racism and religious discrimination” has sparked fierce debate in Canada’s parliament and online, as rumors spread that the government would soon make criticizing Islam illegal. The motion, proposed by […]
The Terrific Slopes at Whistler: Skiing in Winter, Hiking in Summer This Canadian mountain town North of Vancouver has a low-Key, international appealing vibe. Christmas time at Whistler is magical, and there is the Summer to have fun hiking, biking, zip-lining, and kayaking. Some say Summer is even better than the Winter. Santa Skate at […]
Chinese Real Estate Investment Moves to Seattle, Washington $AMZN, $MSFT Vancouver, BC’s new property tax triggered a new wave of Chinese real estate investment in Seattle, Washington Vancouver, which has seen detached-home prices 2X’d in the past 10 years, joined areas including Australia and Hong Kong in taking steps to slow housing demand after an […]
Radisson Mining (TSXV: RDS) Reveals Gold Assay Results at O’Brien Project RADISSON INTERSECTS 20.2 G/T GOLD OVER 2.5 METRES IN A NEW ZONE LOCATED 125 METRES WEST OF CURRENT RESOURCE Rouyn-Noranda, Quebec, 5 December 2016: Radisson Mining Resources Inc. (TSXV: RDS) (“Radisson”) is pleased to announce gold assay results from the first two holes of the […]
China, the World’s Economic Driver and Polluter Here is something to get your head around. These figures may be a little high given the slowdown in world economy. But, this moves the Chinese from Stratospheric to Upper Atmosphere. China has 19% of the world’s population, but it consumes: 53% of the world’s Cement 48% of […]
Ft. McMurray Canada Readies for a Complete Community Rebuild Ft. McMurray, Alberta, Canada, the Gateway to the Canadian Oil Sands, saw wildfires ripped across an area more than 7X bigger than New York City last month. The inferno was most expensive natural disaster in Alberta’s history. It is now expected to help boost a local […]
F1: Canadian Grand Prix, Scuderia Ferrari a Strong Competitor $RACE Ferrari Team driver Kimi Raikkonen says The Scuderia has a more competitive package this season compared with last year’s car, despite it failing to win a race Vs MercedesAMG in Y 2016. Having enjoyed a major step forward in Y 2015 with 3 race wins […]
Ft. McMurray Wildfire Evacuees Begin to Return Evacuees who fled the huge wildfire that hit Ft McMurray are slowly returning homes and facing cleaning up and uncertainty over their safety as the devastated Canadian Oil city starts on the rebuilding path. More than 90,000 residents fled the Northern Alberta city as the fire hit 4 […]
Ft McMurray Wildfire, Canada’s Most Expensive Natural Disaster The raging wildfire in Alberta Canada will go down as the most expensive natural disaster in Canada’s history, damaging the environment, homes, businesses and the struggling economy in their path. Recently released data suggests that activity in the Canadian Province was firming near the end of Q-1 […]
Smoke from Massive Ft. McMurray Wildfire Headed to California Cooling temperatures and light rain have officials optimistic they have reached a turning point on getting a handle on a massive wildfire that has devastated parts of Canada’s Oil sands town of Ft McMurray. The huge smoke plume continues to drift into the United States, with […]
The Latest on the Ft. McMurray Wildfire In Alberta, Canada there is a Province wide ban on open fires, including campfires and the use of charcoal briquettes. Prime Minister Justin Trudeau went to Fort McMurray Friday to survey the damage firsthand and meet with emergency responders. He was also meeting Alberta Premier Rachel Notley in Edmonton. As crews […]
Fire as Destructive as Canada’s Ft McMurray Wildfire can happen in Australia As the massive and destructive wildfire continues to burn a path through Central Canada, an Australian fire expert has issued a stark warning: it could easily happen here: “Our cities can burn,” said David Bowman, a Professor of Environmental Change Biology at the […]
Convoys Evacuate Ft. McMurray Wildfire Victims, Oil Sands Operators Cut Production Friday and Saturday, Convoys of evacuees stranded by a wildfire raging in and around Ft. McMurray made their way through the heart of the devastation on the only highway out of the region. Wind-whipped flames roaring through forests and brush parched by a Spring […]
Ft. McMurray Wildfire Consumes Area Larger Than New York City The wildfires raging through the Canadian province of Alberta have grown into a monster blaze that has consumed an area larger than New York City so far. It has burned 328 sqm so far, by comparison, all 5 boroughs of New York City add up […]