Canada

Via Nick Cunningham of OilPrice.com,

Canada’s oil sands could struggle to rebound, with potentially billions of barrels of oil being kept underground permanently.

 The following article by David Haggith was first published on The Great Recession Blog:

As we enter 2017, housing bubbles are showing signs of bursting all over the world. I know I’ve been promising I would lay out the economic headwinds for 2017, but 2017’s headwinds are building so fast and furious that I’m having to break that promised article out into several articles, as I’m accumulating material faster than I have time to cover.

A set of WikiLeaks documents reveal that the CIA enlisted Canada as one of several countries to help them hack the 2012 French presidential election. According to three CIA tasking orders released on Thursday, the Central Intelligence Agency requested that French president Francois Hollande, former president Nicolas Sarkozy and Marine Le Pen all be “closely monitored,” as part of an attempt by the U.S. government to influence the outcome of the election.

A lot has been said about the potential for a US-Canada trade war. And judging from a lot of what’s happened, especially with respect to a strengthen USD, it looks like currencies may be what could light the spark to the barrel of gunpowder.

THE BACKDROP

The first face to face meeting between Prime Minister Justin Trudeau and U.S. President Trump was seen by many as the most important meeting for Canada in decades. While PM Trudeau is teaming up with so-called 'sexist' Trump to urge policy-makers to remove barriers to increasing competitiveness for women entrepreneurs, as well as tackle issues affecting women in the workforce, we are sure reporters will want to focus on the "epidemic" of refugees crossing into Canada (from US), NAFTA trade tensions, and White House personnel decisions.