Thursday, January 29, 2009

Britain's recession will be deepest, IMF warns - Telegraph

Poor old blighty. I never thought I'd see the day when the pound was almost at parity with the Euro.

Britain's recession will be deepest, IMF warns - Telegraph

On the home front we are continually being told Canada isn't in that bad shape. I guess time will tell. The tax cuts in this new budget are pathetic...hardly enough for one lunch each. I don't think that's going to stimulate much. I like the home reno break especially since our hot water heater blew yesterday and so we saved over a hundred dollars in tax credit there (if this budget goes through). We need exterior painting and we may just switch to gas if incentives are attractive enough.