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About Canadian Enonomy

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The financial history of Canada starts with the farming, hunting and trading societies of the Native individuals. After the arrival of Europeans in the sixteenth century, Canadian economics has experienced a series of seismic changes, such as the ancient Atlantic fishery, the transcontinental fur trade, accelerated urbanization, industrialization, and technological change. Despite the fact that different businesses have been only temporary, Canada relies on natural sources such as fur, lumber, minerals, and petroleum. In global export markets, the US has underpinned much of the economic trade and Canada has become a big player in global trade.

Dory Fishing – Dories in the schooner and Albert J. Lutz are shown before being dropped off, in 1913, being towed astern. This entrance is the first in a set exploring the financial history of Canada. Though the subsequent entries describe Canadian financial history by area, the nation is a single economic unit. The fur trade created a unified transcontinental trading economy. Since the Confederation in 1867, finance and labor have moved freely among the areas. The provinces became significant markets and providers for another so that an investment boom within a single area like the Prairie West can cause a national boom in the overall economy, while a slump in Ontario production could become a national slump.

By the eighties, the majority of Canadian employees were in white-collar occupations, usually in the service-producing industries. Disparities within earnings, living standards and ways of life had been much reduced, particularly after 1945. Nonetheless, the various regional economies were still very different. Manufacturing remained largely a question for Ontario and Quebec, whilst the four western states still generated huge surpluses of natural products. Due to this, interregional subsidies became deeply entrenched in Canada’s way of life.

Canada has distinctive geography between the Canadian Shield and the Great Lakes. The St. Lawrence system they traced interactions between resources, geography, international markets and the inflow of individuals and funds from abroad. They treated the regional growth in relation to the staple products. More latest approaches have integrated the old with contemporary economics and statistics. Work has been done in areas such as history, urban growth, business history, and industrial development of central Canada.

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Investing / Trading

Whats up with the buffet buyback?

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First what’s a stock buyback?

A stock buyback is simply when a public traded company buys shares back from the open market.

It is common for businesses to buy back shares for several reasons

  • Help boost the value of their shares. This works because when there is less shares available it influences the price of that asset.
  • Boost earnings before and upcoming report.
  • Cause speculation on the value of their asset

In the past year it has been very common for companies to buy back shares. this is often helpful in rewarding investors.

Buffet knows something you dont!

Berkshire Hathaway is a company owned by Warren Buffett who is know for buying stake in companies he believes will grow in value with time. This time they arent buying shares of other companies but are investing in itself with approximately $1 billion worth of stock buybacks.

You may be wondering why Berkshire Hathaway is buying back shares? Well, after a decade long bull market in the USA coupled with increasing stock prices(potentially in bubble teritory now), Buffett thinks a buyback make sense because there is little percieved value anywhere else. The strategy must be working berkshire reported profits increased 351% to $18.5 billion this past year. Buffets style of value investing is known as one of the best in the industry and making Buffett one of the richest men in the world with a worth of about $90 billion.

Be like Warren buffet and start making valuebuys over on the Stash App, here is $5 for free to get started

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Investing / Trading

Euro to replace the dollar?

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there is a probability

The euro is currently 1/3 of global transaction volume, and some think its potentially possible that the Euro coud be placed to surpass the dollar in importance. The euro like the dollar is a fiat currency that is used for trade between european nations and their allies when convenient. With sanctions tarifs and general economic bullying becoming the norm for america and its dollar, some nations are choosing to look for ways to escape dollar hegemony.

It’s not likely to really happen

The euro is a strong currency but it has little chance of becoming the worlds reserve currency. It is more likely that folks will choose to move away from any financial institution that can basically starve your population with financial and trade sanctions. In my opinion cryptocurrency will find it’s way into the worlds economy so that users can escape the easily restricted fiat currencies. Value based in valuless debt notes is on its way out and this will probably be the segway into the next financial crises.

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ICO / Crypto

Can cryptocurrency survive a gobal financial crisis?

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Is cryptocurrency a hedge against economic downturns?

The answer to this question is quite controversial, some would say yes because this is what crypto was made for; while others would chime that crypto is unproven in a downturn and will need to survive its first one before we can feel at ease about its survivability. Much of your perception on whether bitcoin and cryptocurrency in general will survive aneconomic crisis, is based on where you stand about cryptocurrency in general. Today we will talk about the possible survivability of cryptocurency in a crisis.

Is Venezuela a test case

Right now in Aouth America there are several financial crises transpiring that may create possible examples of how crypto will fare in a financial storm. In venezuela reports are coing out that many people are choosing to use cryptocurrency to pay for life expenses. The national government under President Maduro have begun to implement their own state backed cryptocurrency called the petro. The Petro is an asset pegged to the price of a barrel of oil and the Venezuelan government hopes it will help them escape dollar tyrany. Hyperinflation has taken its toll on Venezuelans but many of them were informed enough to seek financial refuge with cryptocurrencies. This is a great example of how when value leaves fiat the holders will seek to run to other assets to store value; that exodus now has cryptocurrency as an outlet for the fleeing fiat users.

We may see a big example soon enough

Much of the world is currently on the precipice of a financial downturn and if america keeps behaving the way it has been then we will likely see a major crises emerge in the next 5 years or so. some analysts see a move away from the dollar as a potential catalyst whilst others proclaim that the trade war and student debt will push us into the downturn of this decade. Unlike those times prior, now cryptocurrency has created and outlet for those funds that “dissappear” from markets as the major stakeholders cash out. The financial bigwigs are likely going to enter the cryptospace as they will soon see it as a way to maintain some value in the crises they create.

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