scott_rose (@scott_rose) profile picture
Joined November 2008
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This Canadian oils equities price action is way outta whack. Crazy.
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scott_rose retweeted
Jimmy Kimmel was literally speechless after this..😍😍
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scott_rose retweeted
Who would have thought that all you need to do to create an oil glut was to shut down ~10% of global supply...
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BREAKING: Qatar officially rejects the Israel Hayom report claiming Iran has dropped its demand to control the Strait of Hormuz and collect transit fees, along with claims of 3.7% uranium enrichment, 60% dilution and the release of $8 billion in frozen assets, calling the reports categorically false, per Al Jazeera. A senior Qatari official told Al Jazeera the circulating details are completely inaccurate. Both sides are still talking with mediators on the core terms of any deal. The official specifically denied the claims on enrichment and frozen assets. Oil prices crashed on the unverified leak. Brent fell more than 3% to around $94.8 a barrel, extending its steepest weekly drop since 2020. The market was moved by a report that never existed. Iran has not conceded control of Hormuz.
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scott_rose retweeted
China aims to win.
Pretty much all the growth in global coal use since the late 1980s has come from China.
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The journalism tax credit now extends to Bell, Rogers, Corus and Quebecor: $501M over five years, $85M a year permanently. Nearly every major news organization now depends on federal support. Companies reliant on government are less likely to criticize it. michaelgeist.ca/2026/11/from…
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Media bias. 2006 !??
Here's another clip from Mike Le Couteur's tense interview with Michelle Rempel Garner from last night.
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Reminder that in Pierre Trudeau's last term in office (1980-1984) he almost cut immigration levels IN HALF, from 143,000 PR admissions to 88,000. That's because Canada was going through a recession, and it made no sense to add large numbers of new people into the Canadian labour market when people were struggling to find work. Now that young people are struggling to find work, wages are lagging behind inflation, there is huge excess demand over supply in our health care system, and public support for immigration is waning, what does the Liberal government do? Massively increase immigration levels. This is one of the worst public policy decisions in modern Canadian history. And unlike most bad policies, it is effectively irreversible.
To give you an idea of just how insane it is to bring 600,000 permanent residents to Canada in a single year, that's more than the *last five* years of immigration under Pierre Trudeau. From 1980 to 1984, total permanent immigration came to 570,400.
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I’ve reviewed Cardinal Energy’s latest investor deck. My key takeaway: significant growth potential beyond Reford 1 & 2. Kelfield could add 4–6K bbl/d and Handel another 8K+ bbl/d. A compelling long-term growth story. $CJ.TO cardinalenergy.ca/wp-content…
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Carney promised Canadians a stronger economy. Instead, another 4,700 jobs disappeared in October, and unemployment climbed to 6.7%. That follows 110,000 jobs lost in August and September. After 11 years of Liberal failures, Canadians face another month of lost jobs and greater uncertainty. Promises do not pay the mortgage, put food on the table, or help a young Canadian land their first job. Canada needs a government that cuts taxes, reins in wasteful spending, removes barriers to investment, and gets major resource and infrastructure projects built. That means unleashing private-sector growth, creating good-paying Canadian jobs, and letting Canadians keep more of what they earn.
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scott_rose retweeted
Young Canadians learning they will be "Masters of their Destiny" after 3 straight months of job losses, youth unemployment nearing 14%, and being told affordability is the best it's been in a decade while the gov plans to bring in more cheap foreign labour to replace them.
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Speaking in Brampton with reporters, Conservative leader @PierrePoilievre says we are watching Canada's economy collapse in real time. Poilievre says it's a disaster on the ground and people aren't making it.
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scott_rose retweeted
Poilievre: "Our youth are desperate. They can't find homes. They can't find jobs. And now Mark Carney wants to bring in more temporary foreign workers to make it even harder"
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StatsCan this morning. Private sector: down 53,000 jobs. Public sector: up 50,000. Unemployment rose to 6.7%. Ontario: 7.3%. Youth unemployment: 13.7%. First private-sector drop since February. That dropped the morning after the budget, Nice eh? 🇨🇦
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BREAKING: Canada's unemployment rate hits a 6-month high after losing 114,700 jobs in just 3 months. Yet Mark Carney just snuck record-smashing immigration levels into yesterday's budget. Canadians need jobs, not more mass immigration: conservative.ca/cpc/no-retur…
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Cardinal Energy ($CJ.TO) executed in Q3 despite 7 days of unplanned downtime in August. ✅ Production: 25,127 boe/d, beating RBC estimates ✅ AFF/share: $0.66 vs $0.63 expected ✅ Capex 10% below estimates ✅ Net debt 10% below expectations Strong execution. Reford 2 on deck
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BREAKING: Iraq has just issued a NOTAM imposing temporary airspace restrictions due to expected combat operations from November 7 to 11, daily between 0500 and 1100 UTC. It is the same early morning window in which the war began on February 28. Aircraft overflying or landing at Baghdad, Erbil, Sulaimaniyah and Kirkuk must follow mandatory corridors and air traffic control vectors. US officials said Trump's strike window closes after early November, when one of the three aircraft carriers must return to its home port.
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