Wealth Professional forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Notify me of new replies via email
Wealth Professional | 08 Dec 2014, 04:27 PM Agree 0
The energy sector suffered another sizeable loss today driving down the Toronto Stock Exchange once more.
  • Murray Schultz | 08 Dec 2014, 04:54 PM Agree 0
    Thanks to Saudi and Russia for gasoline prices that are beginning to return to normal. Even with almost 50-cents per liter in taxes in BC's lower mainland (and Translink looking for new ways to tax people who happen to drive cars in Canada, of all places), prices should drop below $1.10 before too long. That's $4.40 per gallon for anyone under the age of 40. Compare that to current prices of under $3.00 per gallon south of the border. Something doesn't add up and it isn't transportation. costs. Meantime our own oil companies are getting squeezed and have to sell of assets to raise money - since the banks are demanding triple coverage. Oh Canada, how short sighted are thee...
  • Will Ashworth | 09 Dec 2014, 09:13 AM Agree 0
    Hi Murray,

    Oil prices are indeed a conundrum. As for our banks, we love our dividends so much we're willing to support a banking system that frowns on entrepreneurship and risk-taking.

    That's Canada. Love it or hate it.
Post a reply