Oh.....Canada

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Psychotropic Wanderlust

Psychotropic Wanderlust

TMMAC Addict
Apr 3, 2015
6,761
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Sad days up here in Canada. the Dollar is sinking like crazy (currently at 68 cents to the USD, the lowest its been in 13 years, the lowest ever was 62 cents) and is predicted to get to around 55 cents by this time next year.

Canada's dollar is tied to oil 100%, its our biggest commodity by far, and unfortunately we are not a big player in that game. With oil so low Canada is projected to see no "recovery" until 2019 AT LEAST. thats 3 fucking years of people losing their jobs and livelihood.

what is there to do to save us from being completely fucked?




I honestly believe that if we werent neighbors with the USA we would be english-speaking-Russia. Canada's problems are huge. we are small in populace and huge in area, so its not easy or cost defective to do many things pertaining to industry or resources and our weather sucks shit.

this isnt a liberal or conservative problem, its a Canada problem.

discuss.
 
WEWEREONABREAK

WEWEREONABREAK

First 100
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Jan 16, 2015
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Bro, there's much more to our economy than oil. We export many other resources and a low dollar helps that.

Hell, there's more to our economy than resources in general anyway.



If this country sucks until 2019, it will be because we elected a 43 year old boy as PM.
 
Psychotropic Wanderlust

Psychotropic Wanderlust

TMMAC Addict
Apr 3, 2015
6,761
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WEWEREONABREAK said:
Bro, there's much more to our economy than oil. We export many other resources and a low dollar helps that.

please, show me where it has helped. because all of our industries have been going down for over a decade. oil has held up our economy for that time.

Hell, there's more to our economy than resources in general anyway.

yes, but nothing to replace the gigantic gap that oil has left. how can you even say otherwise?


If this country sucks until 2019, it will be because we elected a 43 year old boy as PM.

this statement shows your intelligence level is very low.
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GSPTrainingInAPool

GSPTrainingInAPool

Man on the silver mountain
Dec 1, 2015
2,994
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Pretty much agree with WEWEREONABREAK @WEWEREONABREAK the exports decline has pretty much match the oil incline. Companies which previously purchased Canadian made goods started looking elsewhere because of the increased costs. Lots of jobs left the country due to increased costs of labour.

I don't think Justin has a sweet fucking clue what to do about running a country. Which is fine because hopefully he has lots of staff to make his speeches for him and advise of policy. I don't see how anyone can argue that he's more than a head of hair and a great last name. I just hope he hasn't inspired a "anyone can be PM" mentality. I heard that Kevin O'Leary wants to run for the conservative leadership...please god no...

Canada has a lot of really great university and colleges so I as long as we can keep the skilled work force at home I'm not overly worried about the price of the dollar.
 
M

member 3289

Guest
It's gonna affect us, too. For example my state (Florida) relies on Quebecois and other Canadian tourist dollars in the winter months.
 
WEWEREONABREAK

WEWEREONABREAK

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Jan 16, 2015
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Rjpartner said:
Pretty much agree with WEWEREONABREAK @WEWEREONABREAK the exports decline has pretty much match the oil incline. Companies which previously purchased Canadian made goods started looking elsewhere because of the increased costs. Lots of jobs left the country due to increased costs of labour.
Click to expand...
Yep. Lots of people used that margin. Knew a guy whose entire company went under because of the CAD-USD parity.

I don't think anything is really all good or all bad. Devalued currency will actually help us in other ways.

And tbh dude, back when the dollar was low, was our country shit or something? No. It was first world then with a great quality of life and it will be now.
 
GSPTrainingInAPool

GSPTrainingInAPool

Man on the silver mountain
Dec 1, 2015
2,994
3,823
WEWEREONABREAK said:
Yep. Lots of people used that margin. Knew a guy whose entire company went under because of the CAD-USD parity.

I don't think anything is really all good or all bad. Devalued currency will actually help us in other ways.

And tbh dude, back when the dollar was low, was our country shit or something? No. It was first world then with a great quality of life and it will be now.
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Yeah we weren't Russia then and we won't be now
 
HEATH VON DOOM

HEATH VON DOOM

Remember the 5th of November
Oct 21, 2015
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Well at least you have healthcare free. Untill the tax dollars quit coming in and they can no longer pay for it.
 
M

member 1013

Guest
The low dollar is already negatively impacting consumers and our economy is indeed energy dependent. For Canada to be functioning smoothly economically it needs a strong energy economy in the West, solid banking and financials in the largest markets (Toronto) and a healthy manufacturing industry in Central Canada. Right now we have decent banking and financials, at least.

All of our other industries are ancillary to those three.
 
HEATH VON DOOM

HEATH VON DOOM

Remember the 5th of November
Oct 21, 2015
17,277
24,677
Cruzing For Bang Butter said:
No you don't you have bunch of don't ask don't tell pussies who shoot giant fireworks at shepherds.
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Thats why every other country sends their soldiers and sailors to train with us. Remember your queen has to ask us for permission before taking military action against anyone.
 
M

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BAN GUNS FOREVER said:
Thats why every other country sends their soldiers and sailors to train with us. Remember your queen has to ask us for permission before taking military action against anyone.
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He doesn't have a queen.

He has a king. King Neeson
 
Sweets

Sweets

All Around Dumbass
Feb 9, 2015
8,794
10,053
BAN GUNS FOREVER said:
Thats why every other country sends their soldiers and sailors to train with us. Remember your queen has to ask us for permission before taking military action against anyone.
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Ye cause your good at butchering shepherds and loading villages with uranium. Oh ye and you make all the guns and tech. So you're best arms factory in all the land. yay for yankees go team slaughter. fucking dweebs.
 
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