{"id":1567,"date":"2008-10-06T14:45:25","date_gmt":"2008-10-06T21:45:25","guid":{"rendered":"http:\/\/www.ourthoughts.ca\/?p=1567"},"modified":"2008-10-06T14:45:25","modified_gmt":"2008-10-06T21:45:25","slug":"is-canadas-economy-still-safe","status":"publish","type":"post","link":"https:\/\/www.ourthoughts.ca\/2008\/10\/06\/is-canadas-economy-still-safe\/","title":{"rendered":"Is Canada’s economy still safe?"},"content":{"rendered":"

Last week, Stephen Harper claimed<\/a>:<\/p>\n

Today, we see more volatility in the financial markets due to the crisis in the United States. Remember, Canada is not the United States. The fundamentals of the Canadian economy are sound.<\/p><\/blockquote>\n

Granted, this was said at the beginning of the week before the TSX had two of it largest single-day drops in history.<\/p>\n

Today, the TSX started off terrible<\/a>, falling 11 percentage points right out if the gate, and closed lower than where it had ended Friday. To top it off, get this.<\/p>\n

No sector was untouched ?\u00a2\u201a\u00c7\u00a8\u201a\u00c4\u00fa health care was off about 7 per cent, industrials fell 6.35 per cent and materials fell 5.62 per cent. The telecom sector fared the best, losing 3.01 per cent.<\/p><\/blockquote>\n

Are the fundamentals of our economy still sound? Is it still the Conservative stance to continue doing nothing?<\/p>\n","protected":false},"excerpt":{"rendered":"

Last week, Stephen Harper claimed: Today, we see more volatility in the financial markets due to the crisis in the … Continue reading Is Canada’s economy still safe?<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1567","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nIs Canada's economy still safe?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ourthoughts.ca\/2008\/10\/06\/is-canadas-economy-still-safe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is Canada's economy still safe?\" \/>\n<meta property=\"og:description\" content=\"Last week, Stephen Harper claimed: Today, we see more volatility in the financial markets due to the crisis in the …\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ourthoughts.ca\/2008\/10\/06\/is-canadas-economy-still-safe\/\" \/>\n<meta property=\"og:site_name\" content=\"Our Thoughts\" \/>\n<meta property=\"article:published_time\" content=\"2008-10-06T21:45:25+00:00\" \/>\n<meta name=\"author\" content=\"Kim Siever\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kim Siever\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ourthoughts.ca\/2008\/10\/06\/is-canadas-economy-still-safe\/\",\"url\":\"https:\/\/www.ourthoughts.ca\/2008\/10\/06\/is-canadas-economy-still-safe\/\",\"name\":\"Is Canada's economy still safe?\",\"isPartOf\":{\"@id\":\"https:\/\/www.ourthoughts.ca\/#website\"},\"datePublished\":\"2008-10-06T21:45:25+00:00\",\"dateModified\":\"2008-10-06T21:45:25+00:00\",\"author\":{\"@id\":\"https:\/\/www.ourthoughts.ca\/#\/schema\/person\/99e996edc89affe5206808d3f65869d1\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ourthoughts.ca\/2008\/10\/06\/is-canadas-economy-still-safe\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ourthoughts.ca\/#website\",\"url\":\"https:\/\/www.ourthoughts.ca\/\",\"name\":\"Our Thoughts\",\"description\":\"Thought-provoking commentary on life, politics, religion and social issues.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ourthoughts.ca\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ourthoughts.ca\/#\/schema\/person\/99e996edc89affe5206808d3f65869d1\",\"name\":\"Kim Siever\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ourthoughts.ca\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/417c7b5f55d329bdd0f64ef4396831db?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/417c7b5f55d329bdd0f64ef4396831db?s=96&d=mm&r=g\",\"caption\":\"Kim Siever\"},\"description\":\"Queer Mormon poet with radical political views. 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