Today’s a big day
By Warren McNeil
Today is going to be a big day. I hope that whoever gets voted in will be able to fix the econonomic crisis in the US. From all the news reporting that I have seen, it sounds like both Obama and McCain have the economy #1 on their list.
The Canadian dollar has been going down lately and prices at the pumps are going back to normal. I hope this is a sign of normalization here. At one point, the Canadian dollar was at 1.10. This is definitely not normal and not very good for our exporters. With the normalization of the dollar, we should be able to resume our exports to countries like the US.
For a little negative news. Apparently Ontario is considered a “have-not” province and we require money from the “have” provinces to help us get through. What does this mean? I am not sure. The problems are stemming from the weak automotive sector and poor exports to US. Check out http://news.therecord.com/News/CanadaWorld/article/438918
I said it before, I am optimistic that the housing market will continue to thrive. Negative media only impedes the progress. People will become fearful if they read too much negativity.
Vehicle sales are up though! That is good news for the automotive industry. I hope that sector gets really busy so that it will fuel the manufacturing sector.That’s good news.
http://news.therecord.com/Business/article/438895
Thanks for reading!
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Melanie & Warren McNeil |



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