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Remember when everyone knew that April showers (or snowfall) brought May flowers?
DATE: Monday, April 15, 2024
(Locations listed below description)
An abrupt change to the weather is on the way for southern Alberta later today.
After a stretch of above average spring temperatures, a cold front will move through this afternoon and evening reaching the american border tonight. This front will usher in a cooler airmass along with rain and snow.
Precipitation will start as rain before changing to snow. The transition from rain to snow will begin this evening North of the Calgary area, and overnight near Calgary. Regions closer to the Saskatchewan and american borders will see rain for a longer duration before eventually switching to snow on Tuesday. With temperatures hovering just above zero degrees celsius, precipitation type as well as snowfall accumulations will vary greatly.
There remains uncertainty as to how much snowfall will accumulate, though amounts of 5 to 10 cm are possible by Wednesday morning in some locations.
Calm and cooler conditions are forecast on Wednesday, and for the remainder of the week.
Please continue to monitor alerts and forecasts issued by Environment Canada. To report severe weather, send an email to [email protected] or tweet reports using #ABStorm.
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Well surprise, surprise…NOT. I didn’t know about this and as the author says, probably most Canadians don’t either.
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Many Canadians are probably unaware, but this isn’t the first time Prime Minister Mark Carney has taken a crack at creating a sovereign wealth fund; he already tried it while serving as the Bank of England governor two years ago.
The UK government launched the National Wealth Fund in 2024, which was also presented as a sovereign wealth fund and based on a report compiled by the Green Finance Institute, of which Carney was a drafter.
The fund promised to raise three dollars of private investment for every dollar invested using taxpayers’ money. However, after two years in action, the fund’s performance is far from inspiring.
“Two years before selling this model to Canadians, Mark Carney recommended it to the British, who implemented it,” said Bryan Cheang, research fellow at the London School of Economics and senior fellow at the Montreal Economic Institute. “Given the losses...
