May 15, 2017

On Monday, the S&P 500 was up 0.5% and Toronto was up 0.6%.

Canadian Western Bank was up 2.1%.

All in all, it was another day to be glad to be an owner of companies.

Oil was up 2% to about $49 U.S. dollars. While lower than peak prices, $49 is not a low price for oil. Oil at this level is probably high enough to keep Alberta growing.

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