Confucius news Canadian division news, Canada by the European debt crisis and the slowdown of the global economy and global commodity prices affect, review 2011 Canadian stocks failed to rise year by year 2010, 2011 or 11%, worse than the market expected.
The European debt crisis and global economic slowdown led to commodity demand is fatigued and weak, become the 2011 Canadian stock market falls main reason, among them, the Toronto Stock Exchange main weight plates -- metal, mining stocks and energy plate or close to 10%.
The TSX senior vice president Robert Ford, he suggested that, due to the global economic slowdown drags on, the 2011 Canadian stock market was in decline, but from the Canadian economic stability, the stock market downturn." He just short of Ford on the Canadian economy long-term development of confidence.
In 2011, the Canadian government has taken a series of measures to actively respond to the external environment pressure. Data display, the Canadian GDP in the third quarter by an annualised 3.5%, better than expected, exports rose to its highest level since 2004, Canadian Finance Minister James Flaherty and governor Mark Carney has on multiple occasions expressed, will actively with the group of twenty countries Europe and the United States, jointly cope with the economic crisis brought about by the challenge.
In addition, due to the strict capital requirements, the 2011 Canadian bank system performance is steady, it also weakened the European debt crisis on Canadian economic impact.
In 2012 Canada stock market, Ford, he thinks, the European debt crisis and the global economy will affect the uncertainty of the Canadian economy, the stock market will also be affected. In the long run, energy stocks to ensure that Canada stock market's long-term stability and development.