Posted: Tuesday, April 6, 2021 15:00
As many as 450,000 oil and gas workers could be displaced by 2050 as Canada transitions to clean energy, according to new research. The TD Economics think tank is urging policy makers to take three steps to support those workers and to help Canada’s energy sector become a competitive leader in the world.
As of the year 2000, the oil and gas industry’s share in the Canadian economy averaged about five per cent of GDP. In the western province of Alberta it’s share was 21 per cent of GDP. The government statistics agency acknowledges the recent decline in oil prices will have a large impact on Canada’s oil and gas industry and that will affect other industries.
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TORONTO, April 5, 2021 /PRNewswire/ - Spin Master Corp. (TSX: TOY) (www.spinmaster.com), a leading global children s entertainment company, today announced the nomination of Ed Clark and Max Rangel to the company s Board of Directors. Clark will join the Board as Deputy Chair while Rangel will serve as a Director. Both will stand for election at Spin Master s Annual General Meeting on May 6, 2021. Ed is a legendary Canadian business leader with demonstrated experience of driving significant growth and stewarding large, successful companies, said Anton Rabie, Spin Master s Co-Founder. We are so privileged to have him join the Board as Deputy Chair, bringing his deep business and governance experience to help guide Spin Master s next phase of growth.
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Average Canadian home prices have surged $100,000 since August â the sharpest surge on record.
A new report by the Royal Bank of Canada notes that average home prices in Vancouver jumped a record $143,000 in six months, while Toronto homes have risen $139,000.
âYet it was markets in the periphery that led the way. Single-family home prices soared $147,000 in Barrie and $145,000 in the Fraser Valley since August. Hamilton-Burlington (up $137,000), Kitchener-Waterloo (up $114,000) and London-St. Thomas (up $104,000) werenât far behindâ RBC economist Robert Hogue wrote in a note Monday.
âSingle-detached homes also got a lot more expensive in other B.C. markets, virtually all of southern Ontario, and parts of Quebec and the Atlantic Provinces.â
Posthaste: Average Canadian home prices have shot up $100,000 in 6 months — but don t expect a market crash anytime soon financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.