ATB Financial

• CALGARY, AB, Aug. 24, 2023 /PRNewswire/ - Nanalysis Scientific Corp. ("the Company", TSXV: NSCI , OTCQX: NSCIF , FRA: 1N1 ), a leader in portable NMR machines and MRI technology for industrial and research applications, releases its second quarter results ending June 30, 2023.
• "Our topline results of $6,956k in sales is encouraging on a sequential and year over year basis," said Sean Krakiwsky Founder and CEO of Nanalysis.
• 3rd Party Equipment: Second quarter sales grew 52% over Q1 2023, though still trailed behind Q2 2022 sales.
• This represents costs related to anticipated headcount reductions that will take place over the rest of 2023, primarily during the third quarter.

• A secured version of the credit card for students, newcomers, and others with limited or no credit history is also available.
• TORONTO, July 24, 2023 /CNW/ - Starting today, Canadians can apply for the new Tims Credit Card from Tims Financial and earn Tims Rewards Points everywhere they shop!2
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• With a fresh and workable majority, Alberta Premier Danielle Smith is facing the choice of conforming to her moderate election stance or pushing the strategies of various quasi-separatist groups like Take Back Alberta and Project Confederation.
• If she opts to move from the centre to the far right again, controversies involving the federal government, government workers and environmentalists will ensue.
• As a political scientist, former Alberta public servant, financial institution executive and university administrator and researcher, I have been watching politics in Alberta for more than 40 years.

Alberta’s economy

• Without Alberta’s energy exports, Canada’s terms of trade would turn dramatically negative and force a drastic downward change in Canada’s standard of living.
• Statistics Canada reports that from 1997 to 2021, Canada ran a $1.05 trillion trade surplus with the rest of the world.
• During that same period, Alberta alone ran a trade surplus of $1.02 trillion with the rest of the world.
• To reiterate, Alberta’s withdrawal from the Canadian federation would cause a huge drop in Canadians’ standard of living.

American control

• Unlike Québec, where provincially built institutions like Caisse de Depot nurtured a francophone business class, Alberta’s key industries are controlled by American institutional investors.
• Uncertainty about how Ottawa will meet its emission reduction commitments in the face of sovereigntist opposition from Alberta is a big concern for those investors.
• This concern has reduced capital investment in the conventional oil and gas and oilsands sectors.

Confrontation with Ottawa

• Three themes will likely be front and centre — confrontation with Ottawa, building economic and institutional fences around the province and the shrinking of the Alberta government through selective privatizations.
• Smith is closely aligned with Rob Anderson, one of the principle authors of the Free Alberta Strategy.

Starving the Alberta government

• Another central election promise was to amend the Alberta Taxation Protection Act that requires a referendum to institute a sales tax.
• This amounts to creating an institutional framework that will starve the Alberta government.
• Efforts to shrink the size of government may include the privatization of Alberta’s land titles office , which has been experiencing horrendous backlogs for years.

Compromise?

• At the same time, the Liberals and the Ontario Progressive Conservatives have offered billions to promote electric vehicles.
• How fiscally responsible governments can undertake these extraordinary measures of fiscal assistance to entities controlled in the U.S. or Europe is extraordinary.
• With Alberta separatists inside the tent of Alberta’s UCP, 2023 will be a pivotal year for Canada’s Confederation.

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