Submitted by David Yager via OilPrice.com,
Never is a long time. The dictionary definition is, “at no time in the past or future; on no occasion; not ever.” In the volatile oil and gas industry, those who try to look that far into the future and predict anything with certainty are invariably wrong. Here’s hoping.
Canada has never been more divided. With Vancouver being taken over by the rich Chinese, and Calgary nearing depression, roles have been dramatically reversed across Canadian provinces as spending in non-energy-producing regions hits a record high relative spending in those dependent on oil...
Home prices show the divide between Canada's haves and the have-nots... (as wealthy Chinese money floods into certain regions)...
Less than two weeks ago we documented that Toronto based Urbancorp, one of Canada's largest residential developers, was having significant issues. Its attorney's had taken the highly unusual step of terminating their contract, it hadn't released 2015 financials due to the audit committee having "open issues and questions", and most intriguing, a board member quit just two weeks after being appointed specifically to provide expertise in accounting.
Residents in the city of Quebec, Canada, have reported an unusual rise in UFO sightings recently. According to a 2015 survey conducted by Ufology Research, a huge number of Canadians reported weird skyward spheres, blinding lights in the firmament, and bright orbs that rapidly appear and disappear in the sky. According to the Toronto Sun: The Winnipeg group’s annual report calls Canada “a nation rich in storytelling,” but stresses that studying reports of sightings means combining witness accounts with the search for “objective truth.” Is it something man-made?
Two days ago we introduced you to "the rich kids of Vancouver" for whom the most important decision in any given day is whether to spend half a million dollars on a new Lamborghini or on an investment such as "two expensive watches or some diamonds."
From left, Loretta Lai, Chelsea Jiang and Diana Wang attended a receptionat a Lamborghini dealership last month in Vancouver, British Columbia