Thread regarding Thomson Reuters layoffs

Canadian Housing Bubble WAS The Economy, and it has Popped.

Housing/Construction and related industries make up about 20% of Canadian GDP, which is off the chart too high, making for a very unstable economy. Economies should be driven by real industries, not housing bubbles.

Canada has already entered a recession, declared by the media or not, and it will grow much, much worse by the end of 2019. It doesn't matter what industry you're in, so anyone thinking they can go find a secure job somewhere else is sadly mistaken. Even federal employees will lose their jobs as tax revenues plummet.

Harper laid off 40k federal employees when the economy was good, so what happens when Canada is in a full blown deep recession? Lower your overhead like your life depends on it, because it just may. That's your best plan.

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