How easy money creates the boom-bust cycle

By Frank Shostak, Mises Institute11/10/2020 07:00:00According to the popular way of thinking, various economic data can provide an analyst with the necessary information regarding the state of the economy. It is held that by inspecting various economic indicators such as the gross domestic product or industrial production, an analyst could ascertain the state of the […]

AC/DC is back and fighting off the black with new album

Andrew Dalton, The Associated Press11/13/2020LOS ANGELES — Through decades, deaths and disasters, AC/DC keeps thundering on.Forty-seven years along, and with the closest thing possible to their original lineup, the rockers on Friday are releasing “Power Up,” their first album in six years.It’s also the first since the 2017 death of Malcolm Young, who founded the […]

Closed theatres, nervous moviegoers push Cineplex to $121.2M Q3 loss

TORONTO — Canada’s largest theatre chain is trying to quell the “severe” financial impacts of COVID-19 with a more prudent approach to ventures, new private cinema rentals and reductions to expenditures.Cineplex Inc. said Friday that it will decrease the number of new projects it pursues and continue to try to reduce real estate and payroll […]

Supreme Court of Canada sides with Hydro-Québec over plan for new transmission line

OTTAWA — The Supreme Court of Canada says Hydro-Québec has the right to construct a new electric-power transmission line along an existing corridor running from the Quebec City area to Laval. The story began in the early 1970s when the Quebec government authorized Hydro-Québec to build a transmission line and the utility acquired the necessary […]

The latest numbers on COVID 19 in Canada for Friday, Nov. 13, 2020

Canadian Press 11/13/2020The latest numbers of confirmed COVID-19 cases in Canada as of 11:15 a.m. EST on Nov. 13, 2020: There are 285,275 confirmed cases in Canada.  Quebec: 121,195 confirmed (including 6,586 deaths, 102,569 resolved)  Ontario: 91,180 confirmed (including 3,312 deaths, 76,238 resolved)  Alberta: 36,405 confirmed (including 393 deaths, 27,707 resolved)  British Columbia: 20,368 confirmed […]

Change of power in the U.S. an opportunity for Canada’s immigration goals: minister

Stephanie Levitz, The Canadian Press 11/13/2020 11:26:08 OTTAWA — Federal Immigration Minister Marco Mendicino says he sees opportunity for Canada’s immigration system with a new president of the United States. Incoming president Joe Biden has taken a more pro-immigration approach than current U.S. President Donald Trump, including a pledge to do more for refugee resettlement […]