Conference Board Of Canada Says Canada Will Lose More jobs

MOUNTING JOB LOSSES, BANKRUPT COMPANIES ON THE HORIZON

The Conference Board of Canada has made a startling prediction that Canadas’ economy will lose at least another 175,000 jobs in the coming months due to the economic collapse.
 Blaming the faltering US economy and plunging prices for Canadian commodities such as oil and lumber the Conference Board of Canada has predicted that the national unemployement rate in Canada will rise from 6% this past December to more than 8% by the end of the year.
 The Conference Board also predicts that a healthy stimulus package will not do any Canadians any good this year as those infrastructure projects will take at least one year to get off the ground and are being scheduled between 2009 and 2012.
 
 
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