Posthaste: What capital exodus? As many as 4,000 rich folks migrated to Canada — the third highest inflow in the world

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Posthaste: What capital exodus? As many as 4,000 rich folks migrated to Canada — the third highest inflow in the world
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Alberta goes officially blue once again today as Jason Kenney’s UCP party takes over the reins of the province

Good morning!Lack of pipelines cost Canadian oil companies around $20.6 billion in forgone revenues last year alone, according to a new Fraser Institute study.

Canada is home to 41 billionaires, and just over 350,000 high net worth individuals, making it the eight largest market for wealthy residents anywhere in the world — according to a new report by Johannesburg-based New World Wealth. The country also saw 4,000 HNWIs migrating to the country last year, the the third largest inflow in the world after Australia and the United States.

And Apple Inc., which has seen its market value surge US$300 billion since its 21-month low in January, will get a chance to prove its rebound has legs when it reveals its earnings after markets close.Count canola producers among industries set to get relief from Ottawa, after Prime Minister Justin Trudeau said his government “will have an announcement coming out in a few days”.

Our question from yesterday: The federal Liberal government’s popularity sank to a new low this month, according to a new poll, but the Conservatives can’t be smug as there are still six months before voters cast their vote. Identify three key issues the government and the opposition should focus on to win the election. Send your news, comments and stories to yhussain@postmedia.

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