Care to explain what the potential gains will be for Ontario.
Other than cheaper gas prices which my lead to an increase in the commercial service sector I can't think of anything else.
Care to explain what the potential gains will be for Ontario.
Other than cheaper gas prices which my lead to an increase in the commercial service sector I can't think of anything else.
Strengthening in the manufacturing sector is widely anticipated. Partly due to the lower $Cdn and partly due to the fact that the U.S. economy is growing again. Both factors are good news for exporters, as are lower transportation costs. Service exports should also benefit from the lower dollar.
depends where in canada you are. Its good for Ontario, bad for Alberta.
180 people were laid off at Tenaris Tube Mill in Sault Ste. Marie just before Christmas due to the lack of demand for the pipes which is the result of the falling oil prices.
And it's also bad for those few Ontarians whose entire wealth was invested in oil industry stocks, yes.
Sad for them but there are always winners and losers.
Prices in K-W are dipping below 90cents. I just saw a survey that had over 50% of respondents saying they planned to use their savings to pay down debt. Good for them if they follow through. About 5% (the idiots among us) said they were thinking of buying a larger vehicle.
Those people must drive a lot if they are saving enough in gas money to pay down debt. Unless they mean throwing every last measly amount they save at it. I guess every little bit helps. For me the savings would equal eating a fast food meal once a week.
Those people must drive a lot if they are saving enough in gas money to pay down debt. Unless they mean throwing every last measly amount they save at it. I guess every little bit helps. For me the savings would equal eating a fast food meal once a week.
I've seen estimates of $1200 per year, although that would more than double my personal saving on gas. Perhaps they are also including home heating costs, or maybe there are more people out there than I realized who have to fill the tank(s) every week.
^ I did an absurdly long commute over the summer for a summer job, 57km taking roughly 40 minutes (407 baby). I carpooled in a pickup truck, which went through roughly a 120 litre tank every week.
My dad has a 40km one way commute and even then he only buys a tank every 10 days or so... I can't see that many people buying a tank a week.
It depends on the car. Small cars like a Honda Fit fill up at 35L, giving 600km on the highway. Numerous GTAers easily do that in a week. I know I used to with my old Focus, which gave 500km/tank. For a while I was doing two tanks a week when I had to drive from Hamilton to Markham and back everyday.
Gas prices go down but I still somehow manage to put around $30 in every time I top up. The amount I've been putting in each time has been going up though.
It's down to 87.5 on the reserve and 102.4 at truck stop 40km outside of town. 102.7 at Superstore is the cheapest in-town right now.
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The amount I've been putting in each time has been going up though. 
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