Economy 53,168 Posted January 16, 2015 Author Share Posted January 16, 2015 Good for the global economy, I guess. Bad for the environment.im loving it. Low oil prices got improve our economy... Ontario is really big on manufacturing, we dont really have natural resources like the rest of Canada, we consume it... So low comodity prices are cheaper for our manufacturers Also this will delay interest rate hikes in Canada... Lastly our currency is dropping because Canadas growth is slowing thanks to low oil prices and weaker currency is better for our manufactured exports My Province Ontario has been weaker than the booming resource Provinces for years... But this year for a change were expected to lead Canada in economic growth :gaga: Link to post Share on other sites More sharing options...
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