Battery-based electricity storage is disrupting electricity production Published by Hilliard MacBeth on Mar 29, 2018 There is significant and growing interest in electricity storage, sometimes for a very short period measured in minutes. Battery storage systems are gaining followers. Storage allows electricity that is produced by renewable energy such as solar and wind... Read more
Early warning indicators of a financial crisis in Canada Published by Hilliard MacBeth on Mar 23, 2018 The Bank for International Settlements (BIS) singled out Canada in its latest quarterly (March 2018) report. Canada’s economic and financial data breached four categories of Early Warning Indicators for systemic banking crises, earning two red flags and... Read more
Canadians lose their thirst for more debt Published by Hilliard MacBeth on Mar 16, 2018 The rapid growth of household debt and elevated investment in residential real estate have been key supports to the Canadian economy for almost two decades. Last week the Bank of Canada governors kept interest rates steady at 1.25%, citing the recent... Read more
President Trump wants trade war with Canada Published by Hilliard MacBeth on Mar 09, 2018 President Trump is going to impose a tariff on steel and aluminum imports into the U.S., he says. Trump’s announcement is important because it breaks agreements. These new tariffs are in violation of the NAFTA as well as agreements binding members of... Read more
B.C. risks unintended consequences Published by Hilliard MacBeth on Mar 03, 2018 Over the last few years there have been many rule changes regarding housing finance and foreign ownership in Canada. The most recent changes were implemented by the B.C. government with measures targeted at non-resident buyers, called a “speculation”... Read more