GM Bankruptcy Uncharted Territory
Funny the Government in 2009 poured billions into GM and the Car Industry, but didn’t do anything about Nortel, wonder why?!?
Stats Canada has a large amount of great reports not just about the Canadian economy but about Canadian consumers and they are well worth reading.
Funny the Government in 2009 poured billions into GM and the Car Industry, but didn’t do anything about Nortel, wonder why?!?
CPI for April 2009 was at 0.4% and at the time Inflation was a very big concern going forward. Didn’t happen, really, or did it?
The great debt crash of 2008 caused unemployment to be quite bad even into April 2009.
EI Claims for March 2009 were up, which was not surprising given we were in the middle of the Debt Implosion starting in 2008.
Food prices up 7.9% in Canada in March 2009, which really did hurt. Inflation hurts.