Economists had already been expecting a sharp slowdown in Canada’s economy
TORONTO – The Canadian dollar weakened against its broadly firmer U.S. counterpart on Wednesday as a wildfire threatened oil sands facilities in Alberta, while global oil prices seesawed.
Hot and dry weather and strong winds were expected to push a massive wildfire near Fort McMurray, Alberta eastward on Wednesday, threatening facilities and work camps in the prized oil sands region.
Economists had already been expecting a sharp slowdown in Canada’s economy after a strong start to 2016.
Read the full article at: ca.finance.yahoo.com
