This time, you can’t blame the dollar or oil prices.
Worst Plunge in Retail Sales since 2008 as Inflation Whacks Consumers.
Alberta Falls off the Chart.
The fear of “currency instability.”
“Investment and hiring intentions at lowest since 2009”: Bank of Canada
“Fortunately, there’s little need to fret about households’ ability to carry all that debt.”
Businesses get “crunched” in the Oil Patch, consumers lose it, indexes hit Financial Crisis levels.
Oil spills into the broader economy.
The oil price collapse is bad, but this is worse.