Sentences with phrase «past oil price crashes»

Not exact matches

The most precipitous real estate crashes in Canada in the past 30 years — Calgary during the 1980s oil bust and Toronto in the early 1990s recession — resulted in losses of 25 % to 28 % in the average price of a house.

The Governor, who was represented as the Special Guest at the forum by the Commissioner for Economic Planning & Budget, Mr. Akinyemi Ashade, expressed confidence in the regime of President Buhari to combat the fiscal failures of the past administration, which, he said, was responsible for the economy downturn we are experiencing following the crash in the price of crude oil — our major source of revenue.