Canada Revises GDP Statistics upwards by 2.6%

Statistics Canada revised Canada’s historical GDP statistics from 1981 to 2012 Revisions to the growth in GDP over the revision period were not substantial. Over the entire 1982 to 2011 period, the mean absolute revision to the annual nominal growth rate in GDP was 0.15 percentage points, while the mean absolute revision to the annual …

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Extra cost for Hybrid cars is down to $2500

Technology Review – an accumulation of improvements have lowered the cost premium on hybridcars from $6000 to $2500. The extra cost is about 40% of what it was a few years ago. The drop in cost is due to an accumulation of incremental technology improvements, along with economies of scale. And advances going forward—better batteries, …

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PSYngularity

Psy is the Korean rapper who has exploded onto the internet with his “Gangnam style” video. It is not yet the most viewed video on Youtube. However, it will likely crack the top ten this week. The tenth most popular video is Enimem – “Not Afraid” at about 360 million views. Gangnam Style is at …

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