Soon retailers, suppliers, and manufactures in Canada will start to lay off people because of the hysteria building to shop south of the border. Do not think for one minute that non commodity based jobs will not be impacted if this trend continues.
Even in the resource based industry income inflation is impacting economic evaluations. We pay in CDN dollars for our labour and consumables to sell refined commodities in USD. The margins are getting tighter and the investment capital could go off shore where ROI’s are starting to look attractive.