My canadian business

On capital markets and global energy

Jeff Sanford has worked as a business journalist since graduating from Ryerson University in 1999. He has held staff positions at National Post Business magazine and Investment Executive, a bi-weekly newspaper for financial advisors.

The preamble to the new regulatory reform bill being introduced by the Obama administration is interesting, summing up as it does the state of the current downturn and summing up how it is that we got here.

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Esteemed New York Times business writer Rogers Lowenstein floats an interesting idea in a recent article: To get ourselves out of this mess of a recession let’s democratize boards of directors.

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A bidding war seems to be forming up over small Canadian-registered oil producer Addax Petroleum (TSX: AXC), a mid-tier independent oil producer headquartered in Geneva that has recently begun exporting oil from the northern Kurdish region of Iraq.

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I’ve been quite doomish on the economy for a while now, both on this blog and in the print version of Canadian Business. But maybe that's just the Canadian winter having its subtle effect. With spring and now summer just about here, time to give the doom-saying a break. It’s ...

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I had a glance at this year’s Fortune 500 the other day…and, wow, what a brutal story the bare numbers tell.

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Yields on the 30-year Treasury bonds hit a 2009 high in May when they touched 4.6% last week, almost double the 2.5% hit just six months ago, while oil has moved up to touch $68. What are we to make of these moments? Choose your interpretation.

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Residents of recession-weary Windsor were dancing in the street Sunday night as the city’s beloved Ontario Hockey League heroes, the  Spitfires, beat out the best from the west and Quebec to take home the Memorial Cup for the first time in the organization’s history.

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What should we make of this odd market of the spring of 2009? Valuations have been moving up smartly, giving battered investors some kind of hope we’re into a new bull market. But what do we really have to get excited about? Let’s look at the pros and cons of ...

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Wow. That didn't take long. After the price of oil crashed with the onset of the Great Recession, the price of crude is already back up to US$60. Gasoline prices are already on the rise, and that’s worrying.

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The big question in markets right now is whether this boom is a genuine presaging of an economic recovery—and therefore real—or whether this mini-boom is more akin to the pseudo recovery that took place in the spring of 1930 after the Great Crash.

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