How Low Can Oil Go?

Dec. 9, 2014 – The Canadian Chamber of Commerce released a brief explaining the decline in oil prices and what it will mean for the Canadian economy. Oil prices are dropping due to an increase in production and weaker demand. Lower oil prices will reduce Canada’s GDP growth, but this should be partly offset by an increase in consumer spending.

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Isabelle Foley

As Executive Director of the Greater Oshawa Chamber of Commerce, I strive to help members connect and get the most out of their chamber membership. I am an advocate for local businesses and passionate about spotlighting our community's success. Join the growth!

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