Mining is one of the important industries that is necessary of the functioning of the global economy. Though establishing a mine and running it takes years and years, Ontario Mining Association notes that mining is a temporary land use activity. Though land can be returned to its natural state after mining it is not that …
Mining is critical to the province of Ontario in Canada. According to Ontario Mining Association, mining contributed over C$8.0 billion to GDP in 2021. The industry employed about 31,000 workers in direct employment. Many other interesting facts about the industry are in the above link. In addition to the economic benefits, the mining of metals …
Equity markets do not always go up forever. Just like bull markets market crashes are also a feature of equity markets. However the good news is that stocks generally tend to recover after bear markets. So the trick for investors is not to sell out in panic when equities decline. Investors who are able to …
Continue reading ‘How Do Canadian Stocks Perform After Market Crashes: Chart’ »
Equity markets in most countries go through periods of bull and bear markets on a regular basis. Bull markets propel valuations to astronomical levels sometimes and that leads to a eventual plunge. Bear markets, though painful, are not a time for investors to thrown in the towel. The recent decline during the Covid-10 pandemic was …
Continue reading ‘Why Staying Invested for the Long Term is Important: Canadian Example’ »
One of the arguments often made by Americans about its allies is their defense spending. It is not secret that most of Europe depends on the US to provide security while they focus their spending on social and other items. The same scenario is true with its neighbor Canada as well. Canadian defense spending is …
Continue reading ‘Overview of Canadian Government Spending by Function: Infographic’ »