Financial Survival Network, Released on 6/4/20

Small business is tanking in Canada. 45% of the population is on some form of government aid. Too many people have no chance of going back to work. The government appears powerless to do anything about it. Of course our neighbor to the North is dependent upon the US economy, or what’s left of it. The civil unrest will also have an effect upon the Canadian economy. Perhaps there are countervailing forces in effect, for example the coming brain drain from Hong Kong and China. Lot’s of things at work. We can only hope the system will cleansed and we can eventually get back to work.

Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an international securities firm. A Chartered Financial Analyst (CFA), she now helps to manage millions for some of North America’s wealthiest families as a Portfolio Manager and analyst at the independent investment counsel firm she co-founded Venable Park Investment Counsel Inc. www.venablepark.com. Over the last decade, Danielle has been writing, speaking and educating industry professionals and investors on the risks and realities of financial behaviors. A member of the internationally recognized CFA Institute, Toronto Society of Financial Analysts, and the Law Society of Upper Canada. Danielle is also an avid health and fitness buff.

  Canadian economy, china, coronavirus, covid 19, danielle park, depression, economy, recession, stocks