Since June, the price of oil has dropped by over 50 per cent, and is set to become Canada’s biggest problem of 2015. The drop in oil prices has helped to trigger a recession throughout the country, as although the production of crude oil only represents 3 per cent of Canada’s GDP, the drop in oil prices has had a detrimental effect on the economy at large. On 15 July 2015, the central bank slashed its forecast for the Canadian economy, predicting growth for the full year to be just 1.1 per cent. In response to the news, the Canadian dollar fell by more than a cent, to end at 77.40 cents, its lowest level since the depth of the recession in 2009.
Who’s Who Legal brings together Bettina Knoetzl of Wolf Theiss, Edward Davis Jr of Astigarraga Davis and Martin Bernet of Schellenberg Wittmer to discuss issues facing litigators and their clients in the industry today.
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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.