Comment 81330

By Shempatolla (registered) - website | Posted September 30, 2012 at 18:46:57 in reply to Comment 81329

You must think we live in a bubble. Canada is a tiny part of the global economy and as such has little control over the factors you cite. More telling is our dollar in comparison to the U.S. which is now at par or better. You'll note the Americans seem to be adopting the policy you espouse and are simply printing more money they don't really have.
Ontario is now the largest auto producing jurisdiction in North America. Again more telling than your raw unit production figures. (We export most of the cars we make. Hence if the rest of the world is in the tank economically we are going to make less). Again in oil production you seem to want to pick statistics that fit your argument. Production growth has had to overcome issues with transportation capacity and refining limitations both here in Canada and in the US. Hear of Keystone XL and Northern Gateway?

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