Five years ago there were plans to building a LNG terminal outside Quebec City. But that essentially changed overnight
Dec 09, 2013
Fracking may be paving the way to energy independence, but that doesn’t mean Big Oil has the infrastructure in place to handle shipments
Nov 14, 2013
Riding the ups and downs of the TSX means a big bet on carbon-based stocks
Oct 31, 2013
European refineries are suffering, while Alberta oil is trading at discount prices
Oct 24, 2013
Intergovernmental Panel on Climate Change findings take direct aim at the long-term value of fossil fuel reserves
Oct 03, 2013
Cheap money, huge amounts of stimulus but is the central bank just engaging in potentially hazardous monetary experiments
Sep 26, 2013
Despite a tough run, the agriculture business is seeing a sharp upswing in land prices
Sep 18, 2013
Instability in the Middle East generally means a tighter supply of oil. The only question is how serious it will be
Sep 03, 2013
If you think boosting the flow of oil will translate into lower pump prices, think again
Aug 19, 2013
The price difference between Canadian and international oil prices has shrunk, reducing the economic reasoning for the conduit
Aug 06, 2013
Economist Jeff Rubin is the author of award-winning and number one best-selling book, “Why Your World Is About To Get A Whole Lot Smaller.” The former CIBC World Markets chief economist is also the author of "The End of Growth."
In his follow-up to his award-winning and number one best-selling first book Why Your World Is About To Get A Whole Lot Smaller, former CIBC World Markets chief economist Jeff Rubin asks a fundamental question: “What will it be like to live in a world without growth?”
The end of cheap oil means the end of the easy answers to renewing prosperity. Neither zero interest rates nor huge budget deficits are a substitute for affordable energy. From the BRICs to the PIIGSs, every economy in the world is downshifting into a much lower gear. And after racking up huge debts fighting the last oil-induced recession, this time around governments have little left to stimulate growth.
But is a world of soaring oil prices as apocalyptic as it might first appear? Or will we find some silver linings as we are forced to downsize our energy usage? Could the implications for global carbon emissions and climate change be as hopeful as those for growth are sobering? He explores the challenges and possible remedies in The End of Growth.