Canadian Personal Finance Blog

Archive for July 24th, 2009

… The Recession is Over?

To paraphrase from a John Lennon song (Merry Christmas the War is Over). Mark Carney claimed:

“We are on track for the recovery both in Canada and globally,”

Really? Indications are this might be coming true, but it might be a little preliminary to be making any global statements about how we are through the worst of this, as there are many financial landmines out there that could de-rail a recovery, but again I applaud his optimism, let us hope it is well founded.

Random Thoughts

For this momentous week when the recovery started (he said with a certain amount of sarcasm), let’s see what the Financial Blogging Community has been talking about:

• Preet at WhereDoesAllMyMoneyGo is celebrating his second anniversary with a Massive Giveaway Contest, which I am getting into, by making this link. I like free stuff and I think I deserve it too!
• Michael James points out that the phrase “Close only counts in hand grenades and thermonuclear devices”, can also be extended to Lottery Winnings.
• LawyerAhead makes some very good points talking about What to Know About Working With a Lawyer in Canada, useful advice.
• The Canadian Capitalist posts a review of 397 Ways to Save Money, a good book by the sound of it.
• Larry MacDonald reviews an interesting sounding book in Contrarian Finances and Investing, always interesting if you take a contrary position to the mob.
• Canadian Financial DIY talks about Inflation For Retired Canadians – Some Surprises, and he knows of what he speaks being one (almost).
• The Four Pillars went a little off topic, but did a good Case Study on buying a new Canon Powershot 200SX good research and useful for others too!
• Investorgeeks blisters Microsoft and Ballmer in specific in Ballmer You are Fired!

Have a great weekend, here in Ottawa more rain, but at least my grass is green, or maybe it’s seaweed I can’t tell any more.