Economics
The Canadian Economy Might Not Be Able To Ride America's Coat Tails This Time
A historic relationship is breaking down.
The Canadian economy, adrift.
Photographer: Brian CaissieThis article is for subscribers only.
Emanuella Enenajor, Canada and U.S. economist at Bank of America Merrill Lynch, has some bad news for the Canadian economy.
In light of the collapse in oil prices, she says, Canada is relying on a resurgent U.S. economy in order to provide a boost to exports and spur investment in activities that aren't related to commodities.