While some Wall Street analysts now think the probability of the U.S. economy going into recession are nearly 50 percent , Canada is already there. That bad news comes as Canada gears up for a general election in October and at a time when the slide in global oil prices could spell continuing trouble for Canada’s energy-dependent economy. And that extends to the controversial Keystone pipeline to the U.S. America’s neighbor to the north is the planet’s 11th-largest economy and the U.S.’s biggest trading partner. Last year the U.S. did $634 billion dollars in trade with Canada, booking a $31 billion dollar trade deficit in the process. Canada is a natural resources and commodities exporter, which makes it particularly vulnerable to China’s slowdown. Canada sells China nickel, copper, wood, paper and fish products while importing appliances and consumer goods. In 2014, Canada shipped out close to $20 billion in […]