Lets Review

Kirk Lubimov- Canada’s week recap:

* the Liberals cancels the Digital Services Tax to continue trade negotiations with the US.
* Foreign nationals applying for student visas will require proof of additional $2k in funds, increasing it to $22,895 on top of first year tuition.
* LNG Canada ships its first cargo as Canada becomes an LNG export nation.
* GTA new home sales hit a record low with just 345 new homes sold in May.
* Canadians leaving Canada are leaving from Ontario, BC and Alberta.
* Trade deficit narrowed to $5.9B.
* Exports to the US were down 0.9% in May and the 4th consecutive month.
* Exports to non-US regions increased by 5.7%.
* Canada’s share of Exports going to Non-US markets have increased to 31.7% which is the highest in decades.
* Natural Resources’ nominal GDP increased to $357.5%, equalling to 12.1% of Canada’s economy.

Oh and Team Canada still hasn’t attracted a single penny into Canada but as we are in a crisis they left on a summer vacation.

7 Replies to “Lets Review”

  1. I’m liking that Prime Minister Trump more ‘n more.
    We may need Poilievre at all!

  2. Nonsense. Canada’s New PM is a highly respected, long experienced, wealthy, European Banker. Carney KNOWS stuff. He’s wealthy cause he KNOWS where the money is … just like Willie Sutton. Relax Canada … this is the future YOU voted for. But just like all the naked BDSM Gay Sex Paraders last weekend … you must like the abuse. Put on your leather harnesses and bend over.

    1. ” … Nonsense. Canada’s New PM is a highly respected, long experienced, wealthy, European Banker. ”

      Bullshit! PM Trump was never a European Banker! 🙂

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