Cain Express also has experienced an increase in demand for its shipping services into the U.S.. So, while the high Canadian dollar and the aftermath of the 2008 global credit crisis hit export - oriented Canadian manufacturers hard, Cain Express had plenty of business. (canadianbusiness.com)
NEW YORK, Sept 25 (Reuters)- The U.S. commercial paper market shrank dramatically, marking the biggest weekly contraction in a year, Federal Reserve data showed on Thursday, as the escalating global credit crisis shook investors» confidence in all but the safest instruments issued by the U.S. government. (reuters.com)
Then, the global credit crisis hit in late 2008, leaving the business without access to cash. (inc.com)