Wednesday, January 28, 2009

Canada ---> What have you got to sell?


Though much of the emphasis of concern over the recession is pinned on the US, it is Canada that will be in a deep hole after this economic disaster. 

Remember a few months ago when the Canadian dollar was at par with US? Well, we had it going for us. Alberta's oil production was fueling our country, and Canada depended on itself to produce. Now there is a recession in the US. No one wants the oil in alberta. Gas prices are as much as a pack of trident. The cost to extract the oil from the sand in alberta is above the roof, and in no way are they profiting with the prices so low. It is amazing that in a few months we can go from a major oil exporter to a country that lacks major exports.

GO GREEN: What happens when the dependance for oil is gone? it's happening as we speak. Hybrid and electric will take over very soon. 

Let's throw away the oil sector of our economy. What does Canada have to export? Maple Syrup. Honestly though, it is very troublesome. Yes, there is Hydro Electricity, but that isn't enough.

We don't hear about how bad the economy is in Canada, frankly, it is not as bad as in the US right now. But with our government being a mess, and there being a lack of a major exported good, it's going to get shaky. 

Load the Maple Syrup onto the trains!

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