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Editor's Edition | Yahoo Finance Canada

Yahoo Finance Canada presents Editor's Edition, featuring finance industry insiders and the Yahoo Finance Canada editorial team discussing the top issues facing Canada's business and political realms.

  • Politics
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    Editor’s Edition: ‘The pandemic is over,’ says Biden

    “The pandemic is over,” U.S. President Joe Biden said in an interview with CBS’ 60 Minutes. While some public health officials have taken issue with Biden’s declaration, the Public Policy Forum’s Sean Speer says the comment is something to be proud of, as it reinforces that society has managed to get through a once-in-a-century pandemic. “Too many people died, too many people faced financial hardship, and I think there's going to be ongoing challenges with respect to educational loss and mental health issues,” Speer said. “But I think in a lot of ways, the President was saying something that I think a lot of people want to hear, which is that we need to ultimately move on. It doesn’t mean we should be reckless or irresponsible, but we were taking extraordinary steps… things that are extraordinary can’t become ordinary. It’s unsustainable.” On this episode of Editor’s Edition, Speer and Yahoo Finance Canada’s Alicja Siekierska discuss Biden’s comments about moving on from the COVID-19 pandemic, as well as why China is continuing to pursue a COVID-zero policy. They also discuss the government’s plan to provide inflation relief for Canadians and what to expect out of the new session of parliament, including the challenges ahead for both Prime Minister Justin Trudeau and new opposition leader Pierre Poilievre. If you have any policy-related questions, or feedback about the show, please email alicja@yahoofinance.com.

  • News
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    U.K. PM’s plan to lift fracking ban is ‘obviously political theatre’

    Britain's new prime minister has promised to lift a ban on fracking “within days” of taking office in a bid to boost U.K. fuel supplies as the country slips into a deepening energy crisis. Liz Truss has also vowed to issue more licenses for North Sea drilling. Kevin Krausert is CEO and co-founder of Avatar Innovations, a Calgary-based venture capital firm and startup accelerator that pairs entrepreneurs with the biggest companies in Canada’s energy patch. He’s optimistic about the U.K’s. off-shore potential, while skeptical that fracking will yield meaningful supply gains. “There’s not a lot of land-producing energy in the U.K., and there hasn’t ever been,” Krausert told Yahoo Finance Canada’s Editor’s Edition. “It’s clearly, obviously political theatre.” Got a question for Kevin Krausert? Email Jeff.Lagerquist@yahoofinance.com and let him know what interests you in the world of clean energy and technology. Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist. Download the Yahoo Finance app, available for Apple and Android.

  • Business
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    Could Alberta follow Texas’ plan to target ESG funds that ‘boycott energy’?

    Lawmakers in Texas are taking aim at green investment with a plan to force the state's multibillion-dollar pensions to divest from financial institutions and funds that “boycott energy.” Could this idea gain traction in Alberta, as the home of Canada’s oil and gas industry heads for a provincial election in the spring? Kevin Krausert is CEO and co-founder of Avatar Innovations, a Calgary-based venture capital firm and startup accelerator that pairs entrepreneurs with the biggest companies in Canada’s energy patch. He’s not a fan of the strategy, but doesn’t rule out a candidate for premier using divestment as a talking point. “I guess we should be prepared for it,” Krausert told Yahoo Finance Canada’s Editor’s Edition. “I’m cautiously optimistic that the majority of Albertans will be able to see through any cheap political points that an election sometimes brings out.” Got a question for Kevin Krausert? Email Jeff.Lagerquist@yahoofinance.com and let him know what interests you in the world of clean energy and technology. Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist. Download the Yahoo Finance app, available for Apple and Android.