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Because the USD is still the best thing going spite how bad our markets get.
Canada's oil cnts. 25% +/- GDP while the US is the target of the worlds money flow of the 1% considering US has the largest, most diverse and liquid markets by far of any.
Lower prices for commodities, particularly oil.
This. Also, Canada has already taken in more Muslim migrants than they can monitor, and the costs are already starting to add up. Adding insult to injury, the "Liberal" party is moving the government against blasphemy (which they call "Islamophobia"), possibly in coordination with the official "Muslim world plan" against blasphemy.
Looking ahead, as more "Canadians" try to wage jihad against the USA, which is Canada's largest trading partner, trade that Canada depends on will inevitably become more difficult. As Canada becomes known more for jihadis rather than hockey, tourism will fall as it has already fallen in France. For these reasons, fewer people will need CAD, and Canada will need to print more CAD to pay the surveillance bills.
The most direct answer is Canada, is basically. Gold, silver, potash, timber, tim hortons, copper and tim Hortons.
When commodity prices crashed, so did the economy. All the while the us, lead by technology and strong job growth and Amazon forced the Fed to raise rates.
The most direct answer is Canada, is basically. Gold, silver, potash, timber, tim hortons, copper and tim Hortons.
And they have a huge housing bubble. They are screwed unless oil can get back to 100 which is unlikely.
I don't understand, what am I missing here?