We have two seasons in this province – winter and construction, especially road construction. That may have caused people to defer the decision to buy a new vehicle. We recently received the monthly sales figures for automotive dealers in …
Sask economy brightening
It’s always darkest before the dawn, a saying that characterizes the view expressed by the economics branch of TD Bank in its latest forecast for Saskatchewan’s economy. In broad terms, the bank says its forecast for Canada is largely unchanged …
Saskatchewan’s hot wheels
With more miles of road than any other province, Saskatchewan understandably also has a strong relationship with motor vehicles. But a new report suggests our love is not shared equally by all forms of transportation. The number of units that were …
Economy slowing but growing
There’s an awful lot of stuff going on in the economy these days, things that are reshaping the outlook for the next year or two. Forecasts from RBC Royal Bank, which is generally the friendliest towards Saskatchewan, is the first out of the gate …
China’s impact on farming
We’re now starting to get some early figures on the impact of China’s ban on canola exports from Canadian farmers. In large measure, that means Saskatchewan producers as we are the biggest players. StatsCan is now in a position to release its …
CEO job security waning
Sometimes what we perceive is not actually reality. A good case in point is the job security of those at the top of big organizations. It’s getting more likely that a CEO of a big company will get tossed out. A study by PwC – formerly Price …
Fougere is sneaky
Saskatoon mayor Charlie Clark should be looking over his shoulder at his Regina counterpart Michael Fougere. You see, Fougere is sneaky. Clark has been wrestling with trying to win support for a plan to expand use of bicycles for commuting in …
Canada close to recession
The Canadian economy is skating on the edge of a recession. We haven’t hit it yet, but it is about as close as you get without being in one. There have been more than a few forecasts suggesting Canada is currently in a recession. Technically, …
Interest rates on hold
When the Bank of Canada issued its decision this week to stand pat on interest rates, it was largely what everyone expected. The Canadian economy is having a poor first half, but no need to lower rates as they feel things will improve in the second …
Read beyond the headline
The headline on the story suggests farm incomes fell by 45 per cent in 2018. Technically, that’s correct if you look at what accountants call total net income. It’s the type of characterization only an accountant and tax department official can …