Tuesday, December 30, 2008
On the Lookout from The Rock
Saving for a rainy day is always wise, and there may be more days like that with an international economic downturn. The province is already feeling the ripple effect of decreased market demand. What a difference a few months makes. It seemed like the price of oil was going to make 2009 into another $billion surplus year, but on the contrary, it could very well be a major deficit year, not a good time for hefty salary demands from government. There could also be more in-migration, but due to more laid-off workers from out west. It's never a bad time to, you know, ___ away some resources for the future.