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-   -   the economy (https://britishexpats.com/forum/canada-56/economy-631182/)

Stephen Jones Sep 16th 2009 12:10 pm

the economy
 
One reads the online news etc. to get a general idea but how do you folks feel about how the Canadian economy is going?

Are jobs (especially in I.T.) on the increase? How are young people (18-25) doing? Are some regions coping better than others?

These things would be good to know.


Steve

bsmith Sep 16th 2009 12:36 pm

Re: the economy
 
Although folks don't like to admit it, Canada pretty much operates as a subsidiary of the USA. So the old saying of "when America sneezes we catch a cold", really holds water here.

I read this in a local rag, and it pretty much hits the nail on the head. (at least for my part of Canada)

"The recession will end, oil and gas prices will go back up, and than, what do you know - boom time again! Then you can all stop worrying your pretty little heads about big-old nasty politics and get back down to the serious business of watching how much your condo has risen in value".

;)

Alan2005 Sep 16th 2009 12:39 pm

Re: the economy
 

Originally Posted by Stephen Jones (Post 7937603)
One reads the online news etc. to get a general idea but how do you folks feel about how the Canadian economy is going?

Are jobs (especially in I.T.) on the increase? How are young people (18-25) doing? Are some regions coping better than others?

These things would be good to know.


Steve

Read the papers. It's not as bad as it was - but it's still bad. The stimulus money is keeping Canada afloat at the moment - whether it is enough to get the economy going when it is removed remains to be seen. I don't think so - but others do. dyor.


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