RE:RE:Recession and Bombardier Chips and IRA. You mean fish and chips? IRA, you mean the Irish Republican Army? This response is a very American. I had to look up what you are saying. IRA is inflation reduction act? First, printing and spending more money will not reduce inflation. (I actually think the American economy is stronger than the Canadian).
Anyway, I was talking from a Canadian point of view. Canada is different. This is where I live. OK, so why do I think we are in recession here in Canada? I’ll tell you why. Retail sales are down, real estate is a mess, business confidence is down. (Canadian Tire down, lulu down, doo down). Unemployment is at 6.6%. Credit card holders - 60% are financially unhealthy and getting worse. Five hundred people showing up for one grocery store job. Personally, I am findings things are tight. Groceries up, gas up. Higher taxes and introducing new taxes. (Thanks a lot to the powers that be for this).
There will be some effects on Bombardier. But not as bad as some companies. Hold tight. We will be rewarded.
I found bring up this subject interesting. Thanks to those who responded. I feel a bit better now.
GLTA
Snowey