Tesla 3Q production numbers up but can they be sustained?

Tesla 3Q production numbers up but can they be sustained?
Tesla Motors successfully ramped up production of its pivotal Model 3 sedan during the summer, fulfilling CEO Elon Musk’s pledge to work out the manufacturing problems that had raised questions about the electric car maker’s prospects. The company announced Tuesday that it produced 80,142 vehicles in the third quarter, marking a 50 per cent increase over the previous quarter. Tesla... Read More

Jack Ma says US-China trade war could last 20 years

Jack Ma says US-China trade war could last 20 years
GENEVA — Alibaba founder Jack Ma said Tuesday that the trade dispute between the U.S. and China could last 20 years. But he expressed hope that a solution could be reached as a trade war would “hurt everybody.” The Chinese e-commerce billionaire also questioned the focus among some on trade deficits, calling it a relic of the 20th century. U.S.... Read More

Calgary-based author Chris Turner’s look at pipelines wins business book award

Calgary-based author Chris Turner’s look at pipelines wins business book award
TORONTO — A comprehensive look at Canada’s pipeline debate by Calgary-based author Chris Turner has won the $30,000 National Business Book Award. “The Patch: The People, Pipelines, and Politics of the Oil Sands” (Simon & Schuster) was awarded the top prize at an awards ceremony in Toronto on Tuesday. The award for the most outstanding Canadian business-related book in 2018... Read More

Tesla without Musk at the wheel? That’s what the SEC wants

Tesla without Musk at the wheel? That’s what the SEC wants
DETROIT — Tesla without Elon Musk at the wheel? To many of the electric car maker’s customers and investors that would be unthinkable. But that’s what government securities regulators now want to see. The Securities and Exchange Commission has asked a federal court to oust Musk as Tesla’s chairman and CEO, alleging he committed securities fraud with false statements about... Read More

Uranium Energy Corp Chairman Spencer Abraham on U.S. Uranium and National Security

Uranium Energy Corp Chairman Spencer Abraham on U.S. Uranium and National Security
TEXAS – Uranium Energy Corp is pleased to announce USA TODAY  published an Op-Ed on September 20, by UEC Chairman Spencer Abraham titled “Domestic uranium necessary for national security, healthy nuclear energy programs.”  Mr. Abraham is a former U.S. Secretary of Energy and U.S. Senator. In the USA TODAY piece, Secretary Abraham expresses the need for a healthy U.S. uranium industry, its importance for national security, and the risks the... Read More

Know your tolerance for a market downturn and stay calm when it hits: experts

Know your tolerance for a market downturn and stay calm when it hits: experts
TORONTO — Nobody can predict with accuracy when stock markets will end their record-setting bull run, but the best way for investors to deal with the next downturn is to remain calm and stick to a well-crafted plan. The current U.S. bull market became the longest on record as of Aug. 22, 2018, prompting many market observers to wonder when the party will come to an end. “The... Read More

Local governments should get 40 per cent of B.C.’s pot revenue: advocacy group

Local governments should get 40 per cent of B.C.’s pot revenue: advocacy group
VANCOUVER — The advocacy group for local governments in British Columbia wants the provincial government to fork over a 40 per cent share of its marijuana tax revenue when the drug becomes legal. The Union of B.C. Municipalities has tabled a resolution asking the provincial government to provide local governments with $50 million of the projected provincial cannabis excise tax revenue of... Read More

What now for the Trans Mountain Pipeline?

What now for the Trans Mountain Pipeline?
The Canadian government is two options after the Federal Court of Appeal on Thursday quashed the approval of the $7.4 billion Trans Mountain Pipeline expansion on the basis that Canada’s efforts to meaningfully consult with indigenous people fell short. Soon after the Appeal Court’s ruling was announced on Thursday, shareholders of Kinder Morgan Canada  voted overwhelmingly to approve the sale of... Read More

Average workers will ultimately pay B.C.’s new payroll tax

Average workers will ultimately pay B.C.’s new payroll tax
Health tax will reduce wages and job opportunities, and further erode the province’s investment climate B.C. Finance Minister Carole James called Medical Services Plan (MSP) premiums “unfair” and argued in a news release that her government’s replacement Employer Health Tax (EHT) is a “much fairer and progressive approach.” More broadly, Premier John Horgan government’s rhetoric about the new tax suggests... Read More