The wisdom of Winston Churchill, who once quipped that you should never let a good crisis go to waste, clearly hasn’t been lost on federal Finance minister Joe Oliver, who’s already made considerable hay out of falling oil prices. Mr. Oliver’s finance department won’t table a budget until April, due to the uncertainty created by [...]
Can we still expect to see sustained economic recoveries when oil, the world’s principal source of energy, is trading in triple digit range? As I argued several years ago in my book, “Why Your World Is About To Get A Whole Lot Smaller”, triple digit oil prices will redefine our notion of an economic recovery [...]