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Re: Canada in recession?
My neighbor owns a car dealership,,he,s having his best ever year:confused:
His theory is that the MB economy is less volatile as that of ON. and other parts of Canada:huh: |
Re: Canada in recession?
Originally Posted by Gremmie
(Post 7055987)
My neighbor owns a car dealership,,he,s having his best ever year:confused:
His theory is that the MB economy is less volatile as that of ON. and other parts of Canada:huh: |
Re: Canada in recession?
Originally Posted by andrewrb143
(Post 7056026)
I'd agree with that, Manitoba has small booms and subsequent smaller busts, and is probably one of the best positioned provinces to whether the storm. Alberta and Ontario rely heavily on Oil and manufacturing respectively, which have been hit hard.
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Re: Canada in recession?
Originally Posted by deck
(Post 7055853)
Im in england first ive heard canada is in the s... slowed down a bit yes but recession i dont think so.
R. |
Re: Canada in recession?
I am due out in March on TWP to work in construction, would this be a foolish move at moment now this has been announced?
cheers |
Re: Canada in recession?
Originally Posted by stan794
(Post 7056165)
I am due out in March on TWP to work in construction, would this be a foolish move at moment now this has been announced?
cheers The announcement doesn't change anything in day to day terms. |
Re: Canada in recession?
Originally Posted by stan794
(Post 7056165)
I am due out in March on TWP to work in construction, would this be a foolish move at moment now this has been announced?
cheers Some economic effects creep across Canada at the speed of molasses, some more outlying parts could take an extra few months before its felt, along with that it’ll probably take and extra few months to recover If the US pull back some jobs some places will take years to recover Maybe if you have some raw material that stay’s in high demand during the recession then that area may benefit but most commodities and industry will be impacted |
Re: Canada in recession?
Its in Vancouver, I have a job offer with a Plastering company.
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Re: Canada in recession?
Originally Posted by stan794
(Post 7056165)
I am due out in March on TWP to work in construction, would this be a foolish move at moment now this has been announced?
cheers |
Re: Canada in recession?
Originally Posted by dbd33
(Post 7055551)
It'll be interesting to see what happens if Harper clings to power. The rest of the western world is pursuing Keynesian policies of economic stimulation which he rejects in favour of Reaganomics. One might expect that to lead disaster for Canada; surely Stephen Harper can't be right while the rest of the world is wrong? A stimulus package in the US might spill over the border but not if comes with protectionist measures such as repatriating American jobs. We may expect poverty but, at least, it'll be academically interesting poverty.
German ridicule for UK policies..... http://news.bbc.co.uk/1/hi/business/7776462.stm Looks like the Germans don't think much of the British Keynesian solution so Harper may not be out of step that much. (I don't quite follow some of the figures at the end of the BBC article. Surely the German figures are millions not billions?) |
Re: Canada in recession?
Originally Posted by jimf
(Post 7056886)
German ridicule for UK policies.....
http://news.bbc.co.uk/1/hi/business/7776462.stm Looks like the Germans don't think much of the British Keynesian solution so Harper may not be out of step that much. (I don't quite follow some of the figures at the end of the BBC article. Surely the German figures are millions not billions?) (ouch, that doesn't sound at all right in German) |
Re: Canada in recession?
Originally Posted by Novocastrian
(Post 7056896)
Ich denke dass Herr Steinbruck mit einem Gabelzunge spricht.
(ouch, that doesn't sound at all right in German) |
Re: Canada in recession?
Originally Posted by Gremmie
(Post 7055987)
My neighbor owns a car dealership,,he,s having his best ever year:confused:
His theory is that the MB economy is less volatile as that of ON. and other parts of Canada:huh: |
Re: Canada in recession?
Originally Posted by jimf
(Post 7056886)
German ridicule for UK policies.....
http://news.bbc.co.uk/1/hi/business/7776462.stm Looks like the Germans don't think much of the British Keynesian solution so Harper may not be out of step that much. (I don't quite follow some of the figures at the end of the BBC article. Surely the German figures are millions not billions?) I am not saying spending spree stimuli is a bad thing but many of the frenzy spending that the world is embarking on is like "one up man ship" who can brag about the biggest bail out package! Heck everyone seems to trying to out do each other to win the bleakest outlook description award. |
Re: Canada in recession?
Originally Posted by purple80
(Post 7055460)
Yes, it's official here, working in a shop I have noticed that it has gone quiet even with Christmas coming up, people are using debit instead of credit cards.
The general populace appears to be worried and every day more job losses are announced. Roll on 2009..... Charlie I work retail and see the same thing, lots of cash and debit, few credit cards, some days no credit cards. Our sales are down quite a lot vs last year people just don't seem to be buying and you would never guess Christmas was in 2 weeks. I am getting laid off on the 27th so count me in the unemployment in January. |
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