Signs of Canada’s economic slowdown are no longer ‘just a one-off blip’
Not since 2011 have the country’s exporters strung together that many declines. Some of that drop can be attributed to this year’s extended maintenance period at manufacturing facilities, with shipments of motor vehicles falling by 0.5 per cent, for example.
Unfortunately, this will just give PM LookAtMySocks a reason to dive further into debt.
With a nod to Instapundit
The “usual suspects” like the IMF are contradicting the view in this article, along with all the investment gurus on BNN.
One doesn’t have to go far to view the impact of Sunny Ways, ECO Fascism & general financial skulduggery by our many hued commies, at all levels of .gov in this country, to see that it just ain’t all coming up roses.
If the CRA is going after nickle & dime retail employees for trivial “benefits”, these guys called the LPOC et al are in bigger financial trouble than they are letting on.
I see double-digit interest rates to defend, somewhat a declining dollar vis a vis anyone else in the world, yes even “wage & price controls” ’cause .gov employees will be screaming about their pensions & COLA over the economic carcasses of out of work Canadians, just like when PET The First told us that we’re numbah one with him. Middle index digit raised. The inflation will rival Venezuela, folks. CPP won’t cut it. The folks w/o hydrocarbon reserves will freeze, finally.
We have 10 little Banana Republics all stabbing each other in the backs or groups of them against other parts of the country, to pay their bills. We’ll be wards of the USA before too long as they can’t allow an unprotected northern flank to collapse on them. Them thar Russkies are eeeeevil incarnate, if I believe CNN.
The “usual suspects” like the IMF are contradicting the view in this article, along with all the investment gurus on BNN.
One doesn’t have to go far to view the impact of Sunny Ways, ECO Fascism & general financial skulduggery by our many hued commies, at all levels of .gov in this country, to see that it just ain’t all coming up roses.
If the CRA is going after nickle & dime retail employees for trivial “benefits”, these guys called the LPOC et al are in bigger financial trouble than they are letting on.
I see double-digit interest rates to defend, somewhat a declining dollar vis a vis anyone else in the world, yes even “wage & price controls” ’cause .gov employees will be screaming about their pensions & COLA over the economic carcasses of out of work Canadians, just like when PET The First told us that we’re numbah one with him. Middle index digit raised. The inflation will rival Venezuela, folks. CPP won’t cut it. The folks w/o hydrocarbon reserves will freeze, finally.
We have 10 little Banana Republics all stabbing each other in the backs or groups of them against other parts of the country, to pay their bills. We’ll be wards of the USA before too long as they can’t allow an unprotected northern flank to collapse on them. Them thar Russkies are eeeeevil incarnate, if I believe CNN.
hmmmm, don’t know what happened there. The old one-two I guess.
In a related story … The American stock markets (all of em) hit NEW RECORD HIGHS … for the umpteenth time since Nov. 9, 2016. More than 4,000 points of gain on the DOW since Nov. 9, 2016.
… speaking of stories that are NEVER reported on NBC, or MSNBC … let alone any other MSM “news” broadcasters. Remember … NO news is FAKE news. LIES of omission are just as bad as complete fabrications.
And BTW … a stock market run like this … all sectors … is a BET on our New pro-business President. People and institutions actually putting their $$$ … their lives and survival … on the line with the EXPECTATION of Trumps policies being instituted. And yet … the GOPe and the Democraps twiddle their thumbs. Who do you think THE PEOPLE and the INVESTORS are going to BLAME?! Yes … stonewalling President Trump will NOT turn out well for the GOPe, Dems, and Never-Trumpers. The BLAME will be laid at the feet of the obstructionists … not the optimists.
CAMI being on strike by Unifor is going to hit the export numbers hard. The Equinox is one of the best seller GM has. It accounts for approx 1/7 of Canadian car production. The strike is in its fourth week. Going start hitting the numbers hard soon. Plus thousands on layoff.
BNN? Those bunch of novices only talk about Shopify, Dollar Store and the Marijuana industry.
It is no longer a credible source of information, especially that smiley face blond reporter from Alberta, that always reports how glorious things are in the Have Notley republic!
I only briefly turn it on to see my share prices and the market action, which more often now is obtained from my iPad app. Pathetic.
” We’ll be wards of the USA before too long ”
The USA is really not in a position to take wards. They are going to be broke.
The report is interesting, but has a few canards. There is nothing bad about a ‘trade deficit’. There is not even such thing as a ‘trade deficit’.