Widespread commodity price declines will depress the national economy through this year and probably into 2017 The ongoing decline in commodity prices has hit Canada’s economy hard, depressing incomes, and triggering layoffs and capital spending cuts. The U.S.-dollar prices of most internationally traded commodity products have slipped, hammering hundreds of resource companies (and their suppliers),
Advertisement
Canada’s Economic Backbone is Facing Yet Another Crisis
A looming strike by CN and CP highlights a chronic vulnerability in our national logistics infrastructure In a country as vast and resource-rich as Canada, one would expect logistics – a critical backbone of our economy – to be a priority. Yet, it remains one of the most underappreciated aspects of our economic infrastructure.