Category Archives: Blog

On October 17, 2018, Canada will make history when it becomes the first industrial country to legalize the recreational use of marijuana. Because the untapped recreational pot industry is projected to be worth billions and industry growth is expected to trounce the broader markets, investors have been looking for the best marijuana stocks to invest […]

The Canadian economy is entwined with the U.S. economy, but the two economies are not exactly going in the same direction. Recent economic data shows that the U.S. economy is red hot, while the Canadian economy is slowing down; and the worst is yet to come. U.S. President Donald Trump has said that if Canada […]

Stocks are soaring and the 10-year old bull market is the longest on record. In fact, the party on Wall Street ranks as one of the greatest bonanza’s in U.S. stock market history. While the Nasdaq and S&P 500 are at record highs and the U.S. economy continues to chug along but there are a […]

Inflation and Retail Sales Up…So Are Chances of a Rate Hike Canada’s economy rebounded in the second quarter with inflation and retail sales beating analyst expectations. Stronger data on the Canadian economy will certainly increase the chance the Bank of Canada will raise its key lending rate when it next meets in October. While this […]

The global trade war initiated by U.S. President Donald Trump is ramping up. On July 1, 2018, the U.S. began imposing a 25% tariff on Canadian steel and 10% tariff on aluminum. President Trump has also slapped China, Russia, Mexico, and the European Union with imposing tariffs. So far, each country has retaliated tit-for-tat, but […]

As More Cryptocurrencies Fail, Few Understand the Risks The cryptocurrency market has been one of the fastest growing sectors over the last couple of years, with Bitcoin, Litecoin, and Ethereum hogging most of the spotlight. With any new industry, there are going to be growing pains and it’s important for investors to understand the risks […]

Bank of Canada Hints at Looming Rate Hike The odds that the Bank of Canada will announce a rate hike on July 11 shot up after Governor Stephen Poloz said the economy was strong enough to support higher interest rates. This in spite of mounting tensions with the U.S. and fears of an all-out trade […]

Canadian Prime Minister Justin Trudeau announced that the recreational use of marijuana will be legal starting October 17, 2018. The government originally promised Canadians could legally spark up by July, but the date was pushed back by a few months. This gives both the provinces and producers more time to get ready. It should also […]

Global Economy Heading into a Storm U.S. President Donald Trump may be telling the world it is safer from a nuclear war thanks to his budding friendship with North Korean dictator Kim Jong Un but fears of a Trump-led trade war is putting the global economy at risk. During the two-day meeting of the Group […]

The Canadian dollar took a drubbing after U.S. President Donald Trump ramped up criticism on Prime Minister Justin Trudeau and threatened the county with additional tariffs, following a less than successful Group-of-Seven (G7) meeting in Quebec. Of particular concern is Trump targeting Canada’s automobile sector. Trump continues to rail against Canada’s dairy industry. On the […]