Agree. The Canadian economy is primary-industry, and...

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    Agree. The Canadian economy is primary-industry, and service-industry-based.
    Apart from mining exports, Education and tourism are big earners.
    They also have had an overheated housing market.
    People are denying that the housing situation is turning, but all I need to see are the listings in my local real estate offices, and they're falling.
    Real estate agents are losing their jobs. I talk to people who work there and they're very pessimistic indeed and they're not trying to hide it.
    This is just the start.
 
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