Worst Plunge in Canada’s GDP since 2009 by Wolf Richter • Aug 31, 2016 • 44 Comments This time, you can’t blame the dollar or oil prices.
Forget Deflation. Stagflation Arrives in Canada by Wolf Richter • Feb 19, 2016 • 29 Comments Worst Plunge in Retail Sales since 2008 as Inflation Whacks Consumers.
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.
Canada Rebels against the Destruction of the Loonie by Wolf Richter • Jan 19, 2016 • 56 Comments The fear of “currency instability.”
Canadian Stocks in Bear Market, Loonie Swoons, Crude Crashes to $16, Consumer & Business Confidence Dives… by Wolf Richter • Jan 12, 2016 • 32 Comments “Investment and hiring intentions at lowest since 2009”: Bank of Canada
The Time Bomb under Canada’s Economy: Soaring Household Debt, and Suddenly Delinquencies! by Wolf Richter • Sep 16, 2015 • 19 Comments “Fortunately, there’s little need to fret about households’ ability to carry all that 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.
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.