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Western Canada’s oil price nightmare could have a major impact on provinces with little or no oil wealth, a University of Alberta economics professor says.

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The wild swings in the stock market this week have sent market volatility levels to heights not seen since the financial crisis.
Volatility can sound scary, but it’s a natural part of any market. Here’s a breakdown on how it works:
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WHAT IS VOLATILITY?
In the simplest of terms, volatility is how dramatically a market moves from one day to another.
A trader once described market volatility as like the turbulence that can hit an aircraft. An airplane might be trying to get from 35,000 feet to 30,000 feet, but turbulence will cause the plane to move up or down a few hundred feet, or rock left to right, on its way there. The higher the volatility, the rockier the passengers’ ride is from point A to point B.
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WHY DOES VOLATILITY HAPPEN?
First of all, volatility is not good or bad, it’s just another way to describe how the markets are performing.
But more often than not, heightened volatility happens at times of uncertainty in the financial markets. When traders have reason to be worried, they might sell or buy a stock in larger amounts than usual, causing the company’s stock price to whipsaw around…

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Mergers, acquisitions, private equity and venture capital deals from Canada and around the world

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