Home › Forums › Financial Markets/Economics › Canada in Recession?
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cashflow.
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May 30, 2008 at 11:39 AM #12898May 30, 2008 at 11:49 AM #214190
Ex-SD
ParticipantI was surprised. I don’t have any contacts in Canada nor do I follow what’s going on up there. The last thing I read about their economy was that the Canadian dollar had achieved parity with the US dollar so I thought things must be doing well………………and much better than what we have been experiencing in the USA.
May 30, 2008 at 11:49 AM #214269ParticipantI was surprised. I don’t have any contacts in Canada nor do I follow what’s going on up there. The last thing I read about their economy was that the Canadian dollar had achieved parity with the US dollar so I thought things must be doing well………………and much better than what we have been experiencing in the USA.
May 30, 2008 at 11:49 AM #214292ParticipantI was surprised. I don’t have any contacts in Canada nor do I follow what’s going on up there. The last thing I read about their economy was that the Canadian dollar had achieved parity with the US dollar so I thought things must be doing well………………and much better than what we have been experiencing in the USA.
May 30, 2008 at 11:49 AM #214318ParticipantI was surprised. I don’t have any contacts in Canada nor do I follow what’s going on up there. The last thing I read about their economy was that the Canadian dollar had achieved parity with the US dollar so I thought things must be doing well………………and much better than what we have been experiencing in the USA.
May 30, 2008 at 11:49 AM #214348ParticipantI was surprised. I don’t have any contacts in Canada nor do I follow what’s going on up there. The last thing I read about their economy was that the Canadian dollar had achieved parity with the US dollar so I thought things must be doing well………………and much better than what we have been experiencing in the USA.
May 30, 2008 at 1:12 PM #214305LarryTheRenter
ParticipantI do not think they are in a recession…Different parts of Canada are more leveraged to natural resources than others, so regions may differ. The east is manufacturing based so their exports are hurt by their strong dollar..But the west has the natural resources, so they tend to do better….Their financials have had some hits with exposure to the US subprime problem.
bloomberg.com has good reports on the canadian economy…EWC is a great ETF by the way…Have owned it for years….
May 30, 2008 at 1:12 PM #214382ParticipantI do not think they are in a recession…Different parts of Canada are more leveraged to natural resources than others, so regions may differ. The east is manufacturing based so their exports are hurt by their strong dollar..But the west has the natural resources, so they tend to do better….Their financials have had some hits with exposure to the US subprime problem.
bloomberg.com has good reports on the canadian economy…EWC is a great ETF by the way…Have owned it for years….
May 30, 2008 at 1:12 PM #214409ParticipantI do not think they are in a recession…Different parts of Canada are more leveraged to natural resources than others, so regions may differ. The east is manufacturing based so their exports are hurt by their strong dollar..But the west has the natural resources, so they tend to do better….Their financials have had some hits with exposure to the US subprime problem.
bloomberg.com has good reports on the canadian economy…EWC is a great ETF by the way…Have owned it for years….
May 30, 2008 at 1:12 PM #214431ParticipantI do not think they are in a recession…Different parts of Canada are more leveraged to natural resources than others, so regions may differ. The east is manufacturing based so their exports are hurt by their strong dollar..But the west has the natural resources, so they tend to do better….Their financials have had some hits with exposure to the US subprime problem.
bloomberg.com has good reports on the canadian economy…EWC is a great ETF by the way…Have owned it for years….
May 30, 2008 at 1:12 PM #214463ParticipantI do not think they are in a recession…Different parts of Canada are more leveraged to natural resources than others, so regions may differ. The east is manufacturing based so their exports are hurt by their strong dollar..But the west has the natural resources, so they tend to do better….Their financials have had some hits with exposure to the US subprime problem.
bloomberg.com has good reports on the canadian economy…EWC is a great ETF by the way…Have owned it for years….
May 30, 2008 at 5:09 PM #214470cashflow
ParticipantIt’s funny you brought this up, my husband has family up there. I guess his uncle just called to chat and said they are seeing gas as high as $8/gallon….again this is just heresay from them, but I was shocked by this…talk about sticker shock at the gas tank…think about the $4/gal. we are complaining about now and double that!!!!
May 30, 2008 at 5:09 PM #214549ParticipantIt’s funny you brought this up, my husband has family up there. I guess his uncle just called to chat and said they are seeing gas as high as $8/gallon….again this is just heresay from them, but I was shocked by this…talk about sticker shock at the gas tank…think about the $4/gal. we are complaining about now and double that!!!!
May 30, 2008 at 5:09 PM #214571ParticipantIt’s funny you brought this up, my husband has family up there. I guess his uncle just called to chat and said they are seeing gas as high as $8/gallon….again this is just heresay from them, but I was shocked by this…talk about sticker shock at the gas tank…think about the $4/gal. we are complaining about now and double that!!!!
May 30, 2008 at 5:09 PM #214598ParticipantIt’s funny you brought this up, my husband has family up there. I guess his uncle just called to chat and said they are seeing gas as high as $8/gallon….again this is just heresay from them, but I was shocked by this…talk about sticker shock at the gas tank…think about the $4/gal. we are complaining about now and double that!!!!
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