Canadian Prime Minister Justin Trudeau speaks about a Saskatchewan school shooting during a news conference in Davos, January 22, 2016. REUTERS/Ruben Sprich
TORONTO (Reuters) - With growth fading, oil prices in freefall and a currency having touched a 12-year low, Canada’s new Prime Minister Justin Trudeau faces an early end to his political honeymoon, confronted by an economic slump with no easy exit.
While voracious demand from China for its commodities helped Canada escape the worst of the 2008 financial crisis, the communist-run country's diminished appetite and a global oil glut have turned into a massive headwind for Canada.
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