http://www.thesudburystar.com/
Don MacDonald is the editor of the Sudbury Star.
The thing about commodity prices is you can never be sure when they are going to drop and, when they do, how long it will take for them to recover.
Nationally, Canadians are seeing the effect of low oil prices on the Alberta and Canadian economies: thousands of jobs lost, alarming drops in capital spending, a decline in the value of the loonie and the inflation that causes, and billions in government revenues gone.
Sudbury is experiencing something similar as the prices of nickel, copper and other metals fall. This time last year, nickel was selling for close to $7 a pound U.S. Today, it’s selling for less than $3.80. Experts had predicted nickel would recover by the end of 2015, but that never happened.