Monday, March 28, 2016

Are Canadians Really this Loonie? Canadian DOLLAR $ COLLAPSING

Canada Inflation Rate at 14-Month High
Consumer prices in Canada increased by 2.0 percent year-on-year in January 2016, following a 1.6 percent growth in the previous month and above market expectations of 1.7 percent. It was the highest reading since November 2014, as food cost rose at a faster pace and gasoline prices went up for the first time since October 2014.
Published on 2016-02-19

Published on Jan 19, 2016
In 2014 Canadian Oil Sands's operating cost per barrel was $49 per barrel.
Will Canadian Oil Sands Ltd. Survive $40 Oil? Aug 14, 2015
Aug 20, 2015 - Syncrude pegs losses at up to $10/barrel as oil prices collapse ..
Aug 12, 2015 - This latest oil price plunge is piling fresh misery on Canadian oil ... the outright price of Canadian heavy crude to around $22.50 a barrel..
TODAY - Some Canadian oil is selling at $8 a barrel...

After oil comes the collapse in natural gas prices.
Dec 21, 2015 - If you think the fall in the oil price is dramatic and disruptive, take a moment to consider the natural gas market.
Nov 11, 2015 - The steady collapse of international natural gas prices has been one of the most important -- but least reported -- commodities stories.

Dec 14, 2015 - Price for natural gas on Monday plunged to its lowest since January 2002

When you see gold at $1,085 an ounce, that's US dollars, it's closer to $1,600 C an ounce.
Job losses continue and the TPP which we hear very little about from our media will cost thousands of jobs...
No light at the end of the tunnel for a Canadian economy in crisis...

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