jangseohee

Trouble aheads for Canada?

38 0 3
Prolong low price of oil             is detrimental to the economic health of Canada. As can be seen from the TSX Oil             & Gas, TSX Energy capped indices , both plunged together with crude oil             price. Sooner or later, this ripple will start to be felt in various sector.

Up until now, production from oil             sands             has fueled growth in other sectors, including for example transportation and housing in Canada. This is about come to a screeching halt.

With current price of crude oil             , it is not enough to fuel the housing and renovation.

Even in REITs such as Northern Property REIT, price had broken down from the purple bear flag. And if this can happen to Canada, the same thing will sooner or later affect their blood neighbour of all time, USA.

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out