Looney Plunges As Canadian GDP Collapses Most Since 2009

by Tyler Durden
ZeroHedge.com
12/01/2015

Who could have seen that coming? It appears, for America’s northern brethren, low oil proces are unequivocally terrible. Against expectations of a flat 0.0% unchanged September, Canadian GDP plunged 0.5% – its largest MoM drop since March 2009 and the biggest miss since Dec 2008. With Canada’s housing bubble bursting, it’s time for the central planners to get back to work and re-invigorate the massive mal-invesment boom (and ban pawning of luxury goods).

The Rest…HERE

This entry was posted on Tuesday, December 1st, 2015 at 11:13 am and is filed under Economics, Government Evil, Oil. You can follow any responses to this entry through the RSS 2.0 feed.