It has been rather amazing just how complacent oil markets have become of late. There has been a pervasive view that the collapse in oil prices that began in 2014 is the harbinger of a “peak demand” scenario, which is just around the corner and would bring with it a gradual decline in demand as…
The Canadian Real Estate Association says there will be more housing sales this year than it previously forecast because of population and job growth and a decline in long-term mortgage rates.National home sales are now projected to recover to 482,000 units in 2019, an increase of 19,000 units from the June forecast, the association said…
It’s ironic that the first piece of legislation passed by the Conservatives in 2006 was the Federal Accountability Act to drain the Liberal swamp.And it was Prime Minister Justin Trudeau and his minions’ attempts to abrogate this law’s reforms that have mired him in scandal and declining voter support.Following years of Liberal corruption, the act…
Reverse mortgages are surging in Canada as more older people join the country’s debt bandwagon.If you’re 55 or older, you can borrow as much as 55 per cent of the value of your home. Principal and compound interest don’t have to be paid back until you sell the home or die. To keep the loan…
Oil posted its biggest ever intraday jump, briefly surging above US$71 a barrel after a strike on a Saudi Arabian oil facility removed about 5 per cent of global supplies and raised the specter of more destabilization in the region.In an extraordinary start to trading on Monday, London’s Brent futures leaped almost US$12 in the…
Game of Bones! Scientists name new species of pterodactyl ‘The Frozen Dragon of the North’ in nod to TV series after 75million-year old fossil discovery in CanadaResearchers who found partial skeleton in Dinosaur Provincial Park in Alberta, Canada realised it was uniqueScientists have named the dragon has been named Crydrakon boreas, or Frozen Dragon of…
Comet C/2019 Q4 as imaged by the Canada-France-Hawaii Telescope on Hawaii’s Big Island on Sept. 10, 2019. Credit: Canada-France-Hawaii Telescope A newly discovered comet has excited the astronomical community this week because it appears to have originated from outside the solar system. The object – designated C/2019 Q4 (Borisov) – was discovered on August 30,…
X-ray bursts repeating about every nine hours have been detected originating from the center of a galaxy called GSN 069. X-ray: NASA/CXO/CSIC-INTA/G.Miniutti et al.; Optical: DSSWe all know we should be getting three square meals a day. And now astronomers have found a black hole which seems to share this preference — it consumes material…
About 66 million years ago, an asteroid plummeted through Earth’s atmosphere and crashed into the sea floor, creating an explosion over 6,500 times more powerful than the nuclear bomb the US dropped on Hiroshima. The impact sent clouds of debris and sulfur into Earth’s atmosphere, blocking the sun’s light and warmth for about two years.…
Expedition Antarctica took to the waters for a 50-day journey across the Southern Ocean and beyond the icy continent earlier this year. On board New Zealand’s research vessel RV Tangaroa, an international team used state-of-the-art technology to scan the seabed The Aegis imaging system allowed scientists to capture fascinated images like nothing seen before.While the mission is…
