Canadian economy heading for recession

[mentalfloss]

Financial Post is clueless on the economy confirmed.

 

[petros]

When are we going to be killing each other over half a rotten potato? No time soon?

 

[mentalfloss]

When are we going to be killing each other over half a rotten potato? No time soon?

Who said we are?

 

[petros]

So it won't be like the last depression? What will be different?

 

[mentalfloss]

Ask Harper.

 

[petros]

Why? I'm asking you.

 

[CDNBear]

Ask Harper.

There it is, lol.

 

[Goober]

Thanks Obama.


Recession Threat Looms As Canada's Economy Shrinks For 4th Month In A Row
m.huffpost.com

The odds that Canada will see a recession this year just rose considerably.

And if the 2 pipelines were approved we would not be headed that way.

 

[CDNBear]

Why? I'm asking you.

He doesn't answer questions, unless they meet his strict requirements.

Cuz he's here for honest, open discussion and sharing of opinions, lol.

 

[mentalfloss]

And if the 2 pipelines were approved we would not be headed that way.

We would be even worse because we would be exporting even more at a lower price.

 

[petros]

If sh-t is going to hit the fan you'd best take advantage of the lobster in fast food joints before it's gone.

 

[mentalfloss]

If sh-t is going to hit the fan you'd best take advantage of the lobster in fast food joints before it's gone.

That kind of mentality is exactly what Harper was thinking when he subsidized oil instead of having a balanced portfolio.

 

[petros]

We would be even worse because we would be exporting even more at a lower price.

I've asked before. What made you believe the Saudis weren't going to ditch the $100bbl after completing the mega projects oil was overinflated to pay for? Did we not do the same? Did we build any mega projects during the same time?

 

[SLM]

If sh-t is going to hit the fan you'd best take advantage of the lobster in fast food joints before it's gone.

McLobster?8O

Quickly followed by McRegret......I'm guessing. Not looking to find out.

 

[petros]

That kind of mentality is exactly what Harper was thinking when he subsidized oil instead of having a balanced portfolio.

How much in cash was spent on subsidies?

McLobster?8O

Quickly followed by McRegret......I'm guessing. Not looking to find out.

Subway too.

 

[mentalfloss]

How much in cash was spent on subsidies?

I worked it out with captain morgan a while ago and we agreed that it was in the ballpark of $3 billion per year.

That was after I took out all the things he personally didn't like.

 

[petros]

$3billion in cash? Prove it.

 

[mentalfloss]

I'm not going through this again, but you can start here:

IMF Pegs Canada's Fossil Fuel Subsidies at $34 Billion - TheTyee.ca - Mobile

 

[petros]

That's not cash. How much in cash?

 

[mentalfloss]

Why does it have to be cash?