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Old Posted Jan 21, 2016, 6:18 PM
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JHikka JHikka is offline
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Join Date: Jul 2009
Location: Toronto
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Quote:
Originally Posted by OliverD View Post
So those people lost their jobs because of the Liberals?
Folks in the mill lost their jobs because the purchasing power of Brazilian currency has crashed even more against the USD than the CAD had. Potash's major export destination was Brazil and the money just isn't in Brazil to buy as much of it anymore. That's the Cole's notes, anyway.

People like blaming governments because it's the easiest thing to do. Perhaps if the Liberals weren't planning on raising Corporate or High-end Income taxes more companies would open, expand, or relocate to New Brunswick to make up for these resource sector losses. Perhaps.
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