New battery design for BEVs could be a breakthrough Published by Hilliard MacBeth on Jun 30, 2022 Battery technology will be key to rapid adoption of battery electric vehicles (BEVs). The world’s largest EV battery manufacturer — Contemporary Amperex Technology Co Ltd (CATL) — has announced the specifications for a new battery design. Will this improvement... Read more
The Bank of Canada wants 2 percent while inflation nears 8 percent Published by Hilliard MacBeth on Jun 24, 2022 The inflation rate in Canada hit a new high for this cycle as it reached 7.7 percent growth. The Bank of Canada’s goal is to get inflation to 2 percent. Can the Bank of Canada succeed? Carolyn Rogers. Source: Bank of Canada Carolyn Rogers, senior deputy... Read more
The Fed will continue to hike until it hurts Published by Hilliard MacBeth on Jun 17, 2022 The Federal Reserve hiked interest rates by 75 basis points on Wednesday. Only once before has the Fed hiked by such a large amount. Conventional wisdom says that when inflation is out of control the Fed must hike until it hurts, and even beyond. There... Read more
The internal combustion engine vehicle has begun its journey into obsolescence Published by Hilliard MacBeth on Jun 10, 2022 The dominance of the internal combustion engine (ICE) vehicle is coming to an end as battery electric vehicle (BEV) adoption accelerates worldwide. While the demise of the ICE vehicle will take a decade or two, the impact is already being felt. The popularity... Read more
Canadian banks declare premature victory over COVID Published by Hilliard MacBeth on Jun 03, 2022 Canadian banks declared victory, prematurely, over the COVID-19 crisis by reporting increased profits, in most cases, and raising their dividends. The looming interest rate increases powered by the central banks and the markets did not deter the banks... Read more