Wednesday, September 12, 2012

Sharp trade slowdown set to wallop GDP - The Globe and Mail

Sharp trade slowdown set to wallop GDP - The Globe and Mail

The high dollar and the global slowdown are crushing Canada’s trade-dependent economy.
The latest evidence: The country posted the largest trade deficit in July since Statistics Canada began keeping records in 1971.
It wasn’t just the scale of the gap – $2.3-billion – that jolted analysts. It’s how the economy got there.

No comments:

Post a Comment