RE:RE:RE:RE:RE:RE:RE:RE:RE:Opec Oil alliance OPEC+ extends collective crude production Go pound sand. There are many socialist countries the likes of you can move to... China, North Korea, Cuba, Venezuala, Lao, Algeria, Bangladesh, Afghanistan, etc... or you can just stay in Canada and keep holding your hand out for more 'free' stuff and wondering why it remains empty.
With Canada lowering rates today, expect prices to rise further. Canada's producers pay international rates for fuel and most materials. Lower valued dollar means we also pay more for supplies. Healthcare relies on an immense amount of supplies manufactured outside Canada. Expect less care options when you see your doctor as Canadian dolllars are futher stretched to fund healthcare budgets that are already well into the red.
Until the US lowers their rates, there's more pain on the way for Canadians. All that today's rate cut does is throw a bone to the manufacturing base back east by prolonging the demise of their inefficient uncompetitive manufacturing processes.
Sclarda2 wrote: Anschutz wrote: Canada is completely F'd. Say good bye to social services and start learning how to diagnose and heal your own ailments. Canadians have no idea what's about to hit them and their personal finances.
baranja wrote: Citizen13 wrote: Ugh. High speed elevator down again today . Hopefully Im wrong . Then slow broken down escalator up. What we need to get to $ 15 is a " Roaring Kitty" for the oil stocks . Maybe call him " Screaming Puzzy.....cat " The CDN dollar should plummet if they cut rates tomorrow . Good for WCP.
The CDN dollar should plummet if they cut rates tomorrow . Good for WCP.
Making a toilette paper out of Canadian dollar is good for NOBODY. you will only see prices at the stores go up even more then they are now, while Washington constantly attacking and crashing Canadian energy sector and we lose in any way.
Expensive life and destroyed savings/RRSPs are very bad news.
I dont' know if people are aware that Nvdia's market cap alone is bigger then the whole Canadian stock markets combined. So basically, that video procesor design company is "worth" more then all of Canadian Oil and Gas and energy, Banking and financial sector, mining sector, Uilities sector, IT, Utilities, retail stores, health sector, Argro and food sector, Avio industry and transport............ combined
Gut wrenching.
Ohh the world is coming to an end any day now.
If you dont like it in Canada they have planes flying to Eritrea, Somalia, North Korea and many other paradises.
Thats where people like you belong.