Source: Erica Alini , Jon Azpiri , Rebecca Lau , Melissa Gilligan , Kalina Laframboise & Ryan Rocca , globalnews.ca, March 20, 2021 No matter where you live in Canada be prepared for spring bidding wars. Comparisons of what kinds of residential properties Canadians could buy with the same amount of many in different parts… Continue reading In Canada’s Hot Housing Market, What Can You Buy for $500K, $1M and $1.5M?
Tag: market
Canada’s Housing Market Faces Uncertainty
Source: The Canadian Press Staff, globalnews.ca, August 29, 2020 COVID-19 could still pose a risk to prices, sales and new building projects. Canada Mortgage and Housing Corp. is bracing for further impacts on the housing market from the COVID-19 pandemic. The housing market will have to reckon with significant short-term uncertainty, as well as falling… Continue reading Canada’s Housing Market Faces Uncertainty
Sask. Raises $2.4 Million in Revenue From August Oil and Gas Public Offering
The province’s August public offering of Crown petroleum and natural gas rights held on August 11th generated $2,390,943.09 in revenue. The Estevan and Lloydminster areas were the focus of the bid activity. The Estevan area brought in $1,378,336.78 for 36 parcels encompassing 2,120.463 hectares, while the Lloydminster area brought in $1,010,663.16 for nine leases encompassing… Continue reading Sask. Raises $2.4 Million in Revenue From August Oil and Gas Public Offering
Some Harvest Operations Begin to Advance in Parts of Saskatchewan
Source: David Giles, globalnews.ca, August 14, 2020 However, there have also been reports of premature ripening and damage from the high heat. Warm weather in the past week has helped crops mature Saskatchewan Agriculture reported Thursday, as harvest operations advance in some parts of the province. Fifty-two per cent of fall rye, 19 per cent… Continue reading Some Harvest Operations Begin to Advance in Parts of Saskatchewan
Canola Prices lower on Wednesday morning
Source: Marlo Glass, MarketsFarm, producer.com, August 12, 2020 WINNIPEG, Aug. 12 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were weaker on Wednesday morning, ahead of August’s World Agriculture Supply Demand Estimates (WASDE) from the United States Department of Agriculture (USDA). The WASDE is expected to have a generally bearish influence on the market. Gains… Continue reading Canola Prices lower on Wednesday morning
Oil Production Is Down 28.2 per cent
Source: Brian Zinchuk, pipelinenews.ca, July 17, 2020 Saskatchewan’s oil production went from 502,700 barrels per day (bpd) in March 2020, to 361,000 bpd in May, a decline of 28.2 per cent. In recent years, by mid-July there would be 30 to 50 drilling rigs working throughout Saskatchewan. Nearly all would be drilling for oil, but… Continue reading Oil Production Is Down 28.2 per cent
Sask.-Based Companies to Receive Federal Funding for Inactive Well Cleanup
Source: Mickey Djuric, globalnews.com, July 16 2020 The work will be spread throughout the Lloydminster, Kindersley, Swift Current and Estevan areas. More workers in Saskatchewan’s oil and gas industry will head back to work after the province approved $12 million in federal funding to clean up inactive wells. “This first parcel of work projects incorporates… Continue reading Sask.-Based Companies to Receive Federal Funding for Inactive Well Cleanup
Supreme Court Dismisses Indigenous Challenge Against Trans Mountain Pipeline
Source: Staff The Canadian Press,globalnews.ca, July 02, 2020 The expanded pipeline will almost triple the amount of diluted bitumen flowing between a marine port in Burnaby, B.C. and Alberta’s oilsands. The Supreme Court of Canada will not hear a new appeal from British Columbia First Nations over the Trans Mountain pipeline expansion. The court dismissed… Continue reading Supreme Court Dismisses Indigenous Challenge Against Trans Mountain Pipeline
Higher Crude Oil Prices Means Baytex Can Restart Most of Its Suspended Wells
Source: The Canadian Press, jwenergy.com, June 26 2020 The company will only restore half it’s 2020 capital spending plan. Baytex Energy Corp. says it is responding to higher oil prices by bringing back on line some of the wells it had shut down in April and May to avoid selling into an oversupplied market. The… Continue reading Higher Crude Oil Prices Means Baytex Can Restart Most of Its Suspended Wells
800 Enbridge Staff Have Take Voluntary Buyouts to Avoid Layoffs
Source: The Canadian Press, pipelinenews.ca, June 18 2020 Some of the options employees have taken include early retirement, severance, educational or personal leaves of absence or part-time work. CALGARY — Enbridge Inc. says 800 employees have voluntarily left the company, allowing it to avoid layoffs as it cuts costs to counter impacts from COVID-19 and… Continue reading 800 Enbridge Staff Have Take Voluntary Buyouts to Avoid Layoffs