New Vehicle Sales Collapse in Canada’s Oil Patch by Wolf Richter • Aug 26, 2015 • 4 Comments Oil spills into the broader economy.
Canada “Getting Clocked” by Something Far Bigger than Oil by Wolf Richter • Aug 18, 2015 • 38 Comments The oil price collapse is bad, but this is worse.
World’s Most Hated Major Currency Hits 11-Year Low by Wolf Richter • Aug 14, 2015 • 23 Comments Traders are uniformly betting against it, a great contrarian sign. But wait….
It Gets Ugly in Canada by Wolf Richter • Aug 3, 2015 • 12 Comments At first, there was hope that only the oil patch would get hit.
Liar Loans Pop up in Canada’s Magnificent Housing Bubble by Contributor • Jul 30, 2015 • 22 Comments Just the tip of the iceberg?
Epic Glut of Office Space Crushes Hope in Canadian Oil Patch by Wolf Richter • Jul 19, 2015 • 2 Comments China, Greece, “Global instability” get blamed.
Bank of Canada Sees Global Economy, Freaks Out, Cuts Rate, Warns of Financial Stability Risks, Loonie Plunges by Wolf Richter • Jul 15, 2015 • 16 Comments A lot of gloom in just one statement.
Largest “Alternative” Mortgage Lender in Canada Plunges, Denies “Systemic Problem” in Housing Market by Wolf Richter • Jul 15, 2015 • 14 Comments “Not an early signal of rising losses or broader housing stress.”
Is Canada Next? Recession Is “Quite Contained” by Wolf Richter • Jul 14, 2015 • 10 Comments Not just a “massive contraction” in the energy sector.
Canada’s Oil Patch Goes Into Convulsions, Business Confidence Plunges to Financial Crisis Lows by Wolf Richter • Jun 26, 2015 • 5 Comments Worry of “full-fledged contagion to the rest of the country.”
