Word: canadians
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...Indications are that job losses will be worse in December and early next year," says Jayson Myers, president of Canadian Manufacturers & Exporters, the country's largest trade and industry association whose membership includes automakers...
...Canadian manufacturers - including northern transplants of the Detroit Three and their suppliers - are suffering under the double burden of super-tight credit and unpaid receivables that is forcing them to burn through cash and capital in a manner not seen in generations. Detroit North is asking for C$6.8 billion in government assistance, including C$800 million that GM Canada needs immediately to keep its lights on over the holiday season...
...Excluding this scenario, the Canadian economy is expected to shrink 1.6% in the fourth quarter, on an annualized basis, followed by two consecutive quarters of decline, according to TD Bank Financial Group. After that conditions are expected to improve, but "it's going to be a shallow recovery," says economist Beata Caranci with TD Bank. She expects a contraction of 1.4% for all of 2009, followed by growth...
Another thing you should understand: thousands of U.S. troops are expected to be deployed to Helmand and Kandahar provinces next spring. They will be fighting under the same limitations as the British, Canadian, Danish and Dutch forces currently holding the fort, which means they will be spinning their wheels. And that raises a long-term question crucial to the success of the Obama Administration: What are we doing in Afghanistan? What is the mission...
...flew by helicopter from Helmand to the enormous NATO base outside Kandahar to learn that three Canadian soldiers had been killed that morning in an ambush. I stood in a small, bare concrete plaza as the Canadian flag was raised, then lowered to half-staff. Next the Danish flag and finally the NATO flag were raised and left to rest at half-staff. A small group of soldiers from assorted countries stood at attention and saluted as the flags rose and fell. There were no American flags this day, but there soon will...