Latest Blog Posts
Wind power growth hits a major bump in the road
Author: Hilliard MacBeth
Wind power was predicted to boom in the U.S., partly due to incentives under the Inflation Reduction Act. Plans to build offshore and... Read more
Canadians are drowning in debt
Author: Hilliard MacBeth
Canadians are drowning in debt — of all three types. The total amount owed in government, household and corporate debt has soared since... Read more
The Federal Reserve issues a margin call
Author: Hilliard MacBeth
The Federal Reserve kept rates unchanged this week, at the highest level since 2001. The chair, Jerome Powell, insisted that the Fed... Read more
The Bank of Canada needs to worry about a recession
Author: Hilliard MacBeth
The Bank of Canada kept its official interest rate at 5 percent on Wednesday, October 25, 2023. The Governor, Tiff Macklem, emphasized... Read more
Banks need to revise their house price forecasts down a lot
Author: Hilliard MacBeth
Forecasts of increasing house prices in Canada by the economics departments of the large Canadian banks are wildly optimistic. This... Read more