25 April, 2011

Did Canada's economy stall out in February?

Sure hope not! Times are here dire in Mattawa with a sharp decline in the local population because people are leaving town to find work. Long periods of separation with couples living in different regions of the country is hard to sustain in the long run and the stresses upon families lives is becoming all too clear. We need some enterprise to move into the town to offer at least a chance at long term employment for people living in the area to replace at least some of the jobs lost in the collapse of the forestry industry. That's not likely to happen if economic factors are pointing to another period of stagflation in our immediate and near term future. The folks of the Ottawa Valley are a resilient lot, but it's hard to defy the law of economics that states it takes a rising tide to lift all ships... even for the most tenacious and deeply rooted of people.

CTV News | Did Canada's economy stall out in February?

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