Lots of economic numbers out there today. The most important for me being from the Chinese, Indian, and of course Canadian spheres. First, Canada. The CBC is reporting the Bank of Canada’s new growth projection of 3.1% for 2006.. this is up from the projection in October. The bank continues to judge that the Canadian …
Continue reading “As Chinese and Indian Economy grows… Canada follows”
This is an update to my previous post on the CIBC’s predictions of oil production past 2005. The National Post/Canada.com has a similar report that actually contains quotes from Mr. Rubin. This was his major point: The six largest multinationals face declining production in the next two years So, since the Canadian oil patch is …
Continue reading “Canadian Oil Sands: Our ticket to Sustainability”
Jeff Rubin, chief economist at CIBC World Markets is reported by the CBC as saying “conventional oil production around the world apparently peaked in 2004.” If anyone can find Jeff Rubins actual words, I’d greatly appreciate it… barring that, here’s what the CBC paraphrased. Rubin does expect a net gain in oil production in coming …
Continue reading “CIBC World Markets: Conventional Oil peaked in 2004”
