Mississauga, ON -- (SBWIRE) -- 12/07/2015 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Cymat Technologies Receives First Serial-Production Military Vehicle Order, Shares Surge On News."
Companies mentioned in this article include Cymat Technologies Ltd. (TSX-Venture:CYM).
In its report on the global economy published earlier in the year, National Bank of Canada (NBC) noted the sharp decline in oil prices has taken it by surprise. The Canadian economy has been negatively impacted by the sharp pullback in prices of oil and other commodities.
NBC said in its report that the slide in oil prices is not in-line with the demand/supply fundamentals in the market. According to NBC, the energy sector accounts for 10% of Canada's economy. So the drop in oil prices and the subsequent drop in investment spending is bad news for the Canadian economy. But NBC is not overly bearish in its assessment of the Canadian economy.
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