The Effects of September 11 on the Canadian Economy.
Date Submitted: 08/01/2004 00:46:22
Category: / Business & Economy / Economics
Length: 4 pages (998 words)
Category: / Business & Economy / Economics
Length: 4 pages (998 words)
The Effects of September 11 on the Canadian Economy
While September 11 did cause a great loss of taxpayers money that went towards security there has also has been a big loss to tourism and as a consequence the hotel business in Canada has suffered.
Loss to Hotel Industry
The front headlines of many major news papers said the news loud and clear. Hotel group says it cut 500 jobs since the U.S. terror attacks, read the …
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…including changes in import and export regulations and other trade concerns increased demands on producers in terms of food safety and security and the effects of the declining economic climate on the agriculture area.
Conclusion
Canada's economy has been hurt by September 11 but it was unstoppable event and totally unpredictable. In this day and age were terrorism is common hopefully a lessen can be learned of how to react in a time of economic crisis.
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