David Rosenberg: What US$50 Oil Really Means For Canada’s Economy

David Rosenberg: What US$50 oil really means for Canada’s economy

We have spent the past several weeks getting our hands dirty in the data to find out what Canada is going to look like if oil is US$50 per barrel, assuming it stays near that level, and at the US$100 price that seemed to be the new equilibrium just seven short months ago. Nearly one in…