In the Province newspaper today, Sun Life financial reported that it has finally returned to making a profit in its most recent quarter. This is huge as you compare this to last years numbers where the majority of insurance companies experienced extreme loses. Many associate this with the recession that began in 2008 and had large repercussions which carried over into 2009.
This means that everything is back to normal right? Wrong! The United States continues to stimulate the economy to our south which in the long run has been driving down interest rates in the following months. This creates no revenues for most financial aid companies. Many speculate that the only way the United States economy survives is if it is at war. This is ironic because just last week there was an attempted terrorist attack on a flight going to Chicago from Yemen. This now gives the US an excuse to attack Yemen creating a potential for war. Hmmmmm……trying to stimulate the economy? Who knows as this is always a theory that the US creates these fake terrorist attacks on themselves to start a war. Only time will tell how the economy to our south will fair in the upcoming months.