More economic warnings signs.
Yet more signs of Canada’s weakening economy could be seen on Monday, as the TSX fell 232.43 points to finish up at 14,362.65.
It’s the lowest level for the TSX in two years. In 2018 alone, the TSX is down 11.4%.
Stocks in the U.S. also fell, with the Dow down 500 points.
The crisis in the energy industry has hit the TSX hard, and rising concerns about investment fleeing Canada, the damaging impact of the carbon tax, failed federal government economic policies, and massive household debt levels are adding up to a weakening economy and falling confidence.