Oil: A High-Stakes Game of Chance

 Popular wisdom has it that the only certainty in life is death and taxes. Until a few short months ago, most economists, politicians, political pundits and journalists would have added to that short list a perpetual increase in the price of oil. But, in today’s interconnected world, much can happen

Deception, Virulence and a Bomb: Iran Obstinately Moves Closer to the Nuclear Tipping Point

 The Canadian government’s sudden decision to sever all diplomatic ties with Iran earlier this month can be seen as a clear indication that, in the eyes of the Government of Canada, the Islamic Republic of Iran’s saber-rattling is fast-approaching the point of no return. Yet, in an attempt to avoid

The Soaring Loonie

 The rise and fall and rise again of the Canadian loonie can be confusing in its implications. When the loonie achieved parity with the American dollar early in 2008 there was a sense of euphoria among some commentators, as though Canada had finally matured as a country. Since then the