Budget Work-in-Process- Earnings: VNR, ALA, SPB, CHP, VET, Preferred Shares
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The new group in the White House did not expect to be there a year ago. The piecemeal approach to the US federal budget plan is buying time needed by the Trump administration to develop budget strategies and legislation on shortened notice. Government budgets are usually released in their entirety, for efficiency, convenience and above all, fairness to all parties.
This week's economic commentary reviews both the knowns and unknowns about the US budget and where US deficits, debt and interest rates might be heading.
Earnings updates include Valener Inc. (VNR, VNR.PR.A), Vermilion Energy Corp. (VET), Superior Plus Corp.(SPB, SPB.DB.H), AltaGas Corp(ALA, ALA.PR.A,B,E,G,I,K,U), and Choice Properties REIT (CHP.UN).
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