Crushed Currency, Oil, Domestic Demand Broadside Small Businesses in Canada, Worst since March 2009 by Wolf Richter • Jan 29, 2016 • 15 Comments Alberta Falls off the Chart.
“There’s Just No Cash”: Oil Bust in Canada Hits Creditors by Oilprice.com • Sep 14, 2015 • 6 Comments What happens when an entire industry, even at higher oil prices, can no longer service its debt?
It Gets Even Uglier In Canada by Wolf Richter • Aug 30, 2015 • 25 Comments Businesses get “crunched” in the Oil Patch, consumers lose it, indexes hit Financial Crisis levels.