Canada's GDP shrank in April, with hefty decline in manufacturing

[shockedcanadian]

Predictable I suppose. Hopefully the new.government will understand what's at stake and change course? I'm trying to do my part but I don't hold much hope, it's often just a shuffling of the deck.

The growth of the police apparatus in Canada is probably unmatched in the West and even in many nations we wouldnt even want to visit but politicians love low hanging fruit as the country declines. https://www.cbc.ca/news/business/canada-gdp-april-2025-1.7572428.
Canada's economy shrank by 0.1 per cent on a monthly basis in April, Statistics Canada said on Friday, with the data agency's advance estimate for May showing a similar decline in activity.

The manufacturing sector alone dipped 1.9 per cent — the steepest drop since April 2021, per Statistics Canada — driving a decline among goods-producing industries.

Transportation equipment manufacturing was hit hard, which the data agency attributed to uncertainty caused by the trade war in the auto industry as car manufacturers pulled back on production in response to U.S. President Donald Trump's tariff on vehicle exports.

 

[Votto]

Predictable I suppose. Hopefully the new.government will understand what's at stake and change course? I'm trying to do my part but I don't hold much hope, it's often just a shuffling of the deck. The growth of the police apparatus in Canada is probably unmatched in the West and even in many nations we wouldnt even want to visit but politicoans love low hanging fruit as the country declines. https://www.cbc.ca/news/business/canada-gdp-april-2025-1.7572428.
Canada's economy shrank by 0.1 per cent on a monthly basis in April, Statistics Canada said on Friday, with the data agency's advance estimate for May showing a similar decline in activity.

The manufacturing sector alone dipped 1.9 per cent — the steepest drop since April 2021, per Statistics Canada — driving a decline among goods-producing industries.

Transportation equipment manufacturing was hit hard, which the data agency attributed to uncertainty caused by the trade war in the auto industry as car manufacturers pulled back on production in response to U.S. President Donald Trump's tariff on vehicle exports.

A decreasing economy means a decreasing populace which reduces carbon footprints

Canada is saving the planet!!!!

Yay.