Canada's economy beats forecast with 2.1% rise in Q2
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- Опубликовано: 15 сен 2024
- Charles St-Arnaud, chief economist with Alberta Central, and former economist at Bank of Canada.
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The growth is from the government spending money it doesn't have. How can anyone take these numbers seriously?
Its a per capita recession like he mentioned and consumers are actually not doing well at all. It's just being driven by the public sector and population growth.
The Canadian government deficit is too low and increased gov spending would crows in private consumption. Why do you want to be poorer in Canada.
The net debt/GDP ratio is 14% and falling. This isn't the US we are talking about.
Regardless whatever these people saying we’re not in recession and trying not to scare everyone but in reality most people are feeling it. Let’s be real, Canada is in a recession
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Such a good news, everyone is doing so well, inflation is down, economy grows, foreign workers will not work here anymore, no crime reported, easily accessible healthcare, no pending LTB cases, no housing shortage and Canada ranks number one as most desirable destination😂😂
Lies of the government and economists go and ask the people for one grocery job 600 to 700 people line up so how come the economy is doing good.
But this Q2 data (old data) we are now on Q3 it’s a recession !!!!
our economy is in such a mess, It's really sad to witness the many struggles our economy is going through right now, with uncertainties, housing problems, bad weather, foreclosures, global changes, and the aftermath of the pandemic all adding to the instability. The increasing inflation, sluggish growth, and trade disruptions urgently need attention from all sectors to restore stability and encourage growth. How do you think we can effectively tackle these issues?
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there is nothing to celebrate about Canadas economy, it's a mess and people are struggling
Canadians have never had it so good!
Quantitative easing isn't growth you noobs.
We're screwed with Trudeau at the helm, country will just keep getting poorer
BS
When they say the economy is good, they are not talking about the average Canadian.
We need deflation
What was the population growth over the same 1 year period. I can’t confirm but I thinks it’s over 3%. The gdp per capita is being crushed. Good for campbells soups and dollar stores I guess
Are you serious, .3 percent is a pathetic growth.
Except its half government spending growth, a disaster to come.
RealEstate, Manufacturing and Mining. Three largest sectors in Canada. Shouldn’t Canada’s economy be at least 10% of USA economy. USA = 28T, Canada= 2.2T, should be at least 2.8T, but bad policies and things can’t get built in this country.
Yeah, no. LOLZ.
Trudeau has derailed the country entirely, wake up
unemployment is siting at 13 percent garantee
Oh no. God forbid if we see deflation and prices fall 😂
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😂 Man those numbers are eithrr fake or they are framing it in the best looking way possible.
o yeah I can feel the prosperity 😂😂😂
Ya sure.. sitting in front of a big box store with 10 cars at it...
Lmao yeah growth from people selling their capital gains and locking in a lower rate before the increase
Due to nothing other than quantitative peopling 😂
Let’s hope
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Bollocks😂
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Thàts funny cause many electricians , plumbers etc.. have been laid off for months...
yeah thats why he said messecion. In techinal terms it is a sort of recession, because our GDP per capita is declining but our overall GDP is only rising as a result of our unstable population growth. So basically our money is being spread even thinner.
2.1% all from international student tuition.