How's your economy?

PhotoJim · 14-10-2008, 04:29

Canada is concerned, but we have some real dichotomy here. Ontario is in serious trouble with its manufacturing sector seeing significant contraction. Conversely, Alberta and Saskatchewan are absolutely booming. Real estate prices in Saskatchewan are at record highs (they are retreating slightly in Alberta after a few years of record increases), but jobs are plentiful. Employers have been advertising on billboards and on radio for people to apply for jobs, which I think speaks volumes. (I had never run into that before the boom started.)

The Bank of Canada is, of course, screwed. Lowering interest rates helps things where they're hurting but pours gasoline on the booming provinces' economies.

Luckily, I live in Saskatchewan and not Ontario.

	(#1)
PhotoJim (Offline) Senior Member Prepaid Expert Posts: 389 Join Date: 10 Dec 2006 Location: Regina, SK, CA Country:	14-10-2008, 04:29 Canada is concerned, but we have some real dichotomy here. Ontario is in serious trouble with its manufacturing sector seeing significant contraction. Conversely, Alberta and Saskatchewan are absolutely booming. Real estate prices in Saskatchewan are at record highs (they are retreating slightly in Alberta after a few years of record increases), but jobs are plentiful. Employers have been advertising on billboards and on radio for people to apply for jobs, which I think speaks volumes. (I had never run into that before the boom started.) The Bank of Canada is, of course, screwed. Lowering interest rates helps things where they're hurting but pours gasoline on the booming provinces' economies. Luckily, I live in Saskatchewan and not Ontario. CA: SaskTel, Wind postpaid; Rogers, Bell postpaid iPad flex plans; US: T-Mobile postpaid data, prepaid voice; PureTalk (AT&T MVNO) prepaid voice/data; AT&T prepaid iPad plan Hardware: Too much but notably iPhone 5, iPad Mini Retina LTE, Moto G LTE (N.A. version), iPhone 4. All unlocked.