Tiny observation on CBC Newsworld’s “Your Business” segment as Canadian stocks are blasting through the roof today (aside from it being hilariously incongruent for a totally socialism-reliant state-owned, state-run broadcaster to presume to inform Canadians with regard to free markets and “business” in any form):
When Canadian stocks go up, it’s “fueled by commodities”. Period. (Actual quote from the state-media’s business expert, Jeannie Lee, just now.)
When stocks go down, it’s a result of “economic uncertainty” and portends a “possible slowdown” and “talk of recession” (or as they like to coyly call it, “the R-word”)…
Or at least this is the case when Conservatives are in power.
Writer and Executive Editor for ProudToBeCanadian.ca.
PTBC was founded by Mr. Johannesen in 2000.
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PTBC was founded by Mr. Johannesen in 2000.
Contact Mr. Johannesen about this article using this form. Please refer to article's title.
FOLLOW @JoelJohannesen ON X!
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