Interview with David Wolf, Chief Economist, Merrill Lynch Canada on the Global Financial Economic Crisis and Where's the Bottom? From the Canadian Business Outlook 2009 conference in Toronto.
How refreshing to get a realistic status of the current economic situation in Canada. External forces have an immense effect on the Cdn economy and with the US being our largest trading partner at above 80%, the future doesn't look promising. The Fed will continue its policy of bailing out banks and creditors will put the squeeze on consumers and businesses. The state of California is running out of money and may need money from Washington....that can't be good!
Canada got of recession 2 months ago... -.-' so uhh.. things are good in Canada and hopefully China accepts us for hteir Shopping Spree.
SniperViper1000 2 years ago
be prepared. your lucky. the worst has yet to come. live in ireland and were in depression right now.
no jobs. everyone has emigreted to australia and canada....
babyddori 2 years ago
Where will real estate end up
flagship21 3 years ago
How refreshing to get a realistic status of the current economic situation in Canada. External forces have an immense effect on the Cdn economy and with the US being our largest trading partner at above 80%, the future doesn't look promising. The Fed will continue its policy of bailing out banks and creditors will put the squeeze on consumers and businesses. The state of California is running out of money and may need money from Washington....that can't be good!
macadily 3 years ago 2