Canada's Top 1000

If you don't truly believe that Canada has been caught up in the current economic melt down again. In their annual report, The Globe and Mail reports that:

Canada's 1,000 largest publicly listed companies managed to pile up only $74.1 billion in total earnings in 2008, a dramatic decline of 30.3% from the year before. Subtract energy gains from the mix, and total profit would have been down a stunning 54.5%.

While most of the focus recently has been on the auto sector, the results have been altered across the board.

Read the full article here.