Way down. Might as well stick a fork in us. Since GDP is just a measure of all the borrowing and spending in an economy no matter who undertakes it, it’s disturbing that our economy is contracting despite record deficits for all levels of government. The real problem is shrinking private sector manufacturing.
The Canadian economy shrank by a greater-than-expected 0.3% in October, the largest drop in almost three years, on weakness in both the goods and services sectors, official data showed on Tuesday.
The manufacturing sector dropped by 1.5%, partly reflecting a 6.9% plunge in machinery output. Wood product manufacturing dropped by 7.3%…
Unexpectedly! Meanwhile, US GDP unexpectedly(!) increased by 4.3% annualized in Q3. (Yeah, maybe that doesn’t stand but good news nonetheless.)
FILTHY LIBERALS
They turned Canada Brown, and we are sitting on top of an Indian Turd, not circling the bowl, they shit in the street.
Canada is the turd hanging from Jeet’s illegal ahole……waiting to be caught by a Tim Hortons cup.
FILTHY LIBERALS
Tiff Macklem is one of the stupidest c*nts in the country.
He and Marx the Undertaker probably get along fabulously.
Tiff and Mark will have a nice finish together.
Love you long time, little stud boys.
He he he he!
Dey like Dominic and lillo potatoe and all dem eby guys!
Te he he he.
I suspect that ‘airing’ Alfonsi’s half-assed 60 minutes hit piece won’t win them any love from the one person on the planet that can offer them any form of relief.. That fat slob Ford must be just beaming with pride about now..
” The Canadian economy shrank by a greater-than-expected …”
Gee. They’ve been saying that every month for at least the last 5 years. Do you think these arseholes will ever get to “as expected”?
Brookfield stock is at or near an all time high. That’s the only economics that Mark Carnage cares about.
Trumps’s tariffs are gonna DESTROY the American economy [sic]. The FED refuses to lower rates … because Trump’s tariffs will surely be a “tax on the American people” … and inflation will runaway again!! … the “experts” … the Nobel-Prize winning economists … predicted.
https://www.msn.com/en-us/money/markets/us-economy-unexpectedly-surges-43-in-third-quarter-its-strongest-growth-in-two-years/ar-AA1SUoa7
Buying the blatantly obvious TDS fueled stock market DIP … was the EASIEST market analysis I’ve ever been handed on a silver platter. Thank you! Irrational Trump-haters!
“The Bank of Canada held its key policy rate steady at 2.25% on December 10. Macklem, noting the economy was proving resilient overall to U.S. tariffs, said the rate was at the right level to keep inflation close to the bank’s 2% target.”
This was expected. New trade deals take some time to make an impact. Yes it hurts today, but the world is not going to end and things are going to get better.
What new trade deals do you speak of? We still have provincial trade barriers.
Is that sarcasm or whiskey?
My next band, Whiskey & Sarcasm.
OK Baghdad Bob, or maybe “Librano Larry” is more appropriate? Canada is a failed shithole, on it’s last lap or two around the drain.
At the rate things are currently going, in about 5 years, the Canadian Provences will be begging to become USA states or territories.
Of course, the trend cannot continue indefinitely, but there is clearly a lot of pain that our Northern neighbors will be forced to endure as a result of their elected officials’ policies.
And Carnage is quite happy to put us all through it
You really would be better off, and that has always been the case. This current situation was always a distinct possibility.
I wanted Alberta to separate when the Pierre Elliot Trudeau government passed the National Energy Program and then the equalization payments system.
At the time joining the US didn’t seem to be a consideration among Albertans, but it would have been a great move, even more so now.
Carnage and his WEF handlers are just continuing the experiment that T2 started. And, continuing along the path that Starmer, Albo, Benz and Macron are also taking their countries down.
Managed decline.
It’s all on purpose.
Notice how none of them are saving anything. Not saving any industry. Just platitudes when each factory, plant and mill goes down.
All by design.
The plan is financial destruction, Digital ID, UBI and Social Credits to control us. And you. And you, and YOU!
And, let’s not forget, Carnage has a boogieman that he can dodge all blame for and put it on.
One Bad OrAnGeMaN.
” . . .it’s disturbing that our economy is contracting despite record deficits for all levels of government.”
” . . . it’s disturbing that our economy is contracting because of the record deficits for all levels of government.” and the electorate in some parts of the country is happy to see it continue.
There, fixed it.
Yep, thanks for correction.
Good news everybody.
Canada is manufacturing plastic straws again.
But only for export.
https://www.rebelnews.com/toxic_at_home_profitable_abroad_ottawa_revives_plastic_straw_exports
Are we in a simulation programmed to test the limits of Canadian liberal stupidity and malleability?