Canadian economy faces a prolonged period of sluggish growth

shockedcanadian

Diamond Member
Aug 6, 2012
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The Canadian covert police apparatus has destroyed our economy. The lack of will of politicians to hold them accountable has contributed.

Most Canadians today are praying that Biden wins so that we can receive a billion of dollars and thousands of jobs from the U.S again. Like the good old days!

We don't need capitalism, innovation or liberty as long as we are well fed by U.S taxpayers, businesses and other global socialists. Just ship the junk from low wage China to Canada, cross it over into the U.S via NAFTA. Voila! Canadian Capitalism!

Canadian economy faces a prolonged period of sluggish growth

Canada’s economy is shifting into a lower gear as some of the country’s growth drivers begin to lose steam.

Statistics Canada will release third-quarter gross domestic product numbers Friday that will probably show a sharp drop in growth. According to the median forecast of economists in a Bloomberg survey, the country’s expansion slowed to a 1.3 per cent annualized pace in the three months through September, down from an unsustainable clip of 3.7 per cent in the prior period.

It’s a return to sluggish growth that may become the new normal for a Canadian economy seeing many of its engines of growth sputter, from investment and exports to weakening consumption as the nation’s households cope with high debt levels.
 
Interesting. You guys sound even more like us than I realized.
 
Fast growth leads to fast crashes ... maybe you're too young to remember way back in 2008 ... slow growth leads to slow crashes, which should give your Queen time to adjust and mitigate the damage ... this was obvious in 1634, I don't know why we just can't seem to learn that lesson ...
 
Fast growth leads to fast crashes ... maybe you're too young to remember way back in 2008 ... slow growth leads to slow crashes, which should give your Queen time to adjust and mitigate the damage ... this was obvious in 1634, I don't know why we just can't seem to learn that lesson ...


Canadas GDP today is lower than 2011.

We are getting crushed and we are reliant on America to subsidize our covert kakistocracy.

When a nation has to send it's oil elsewhere to be refined and can't innovate while losing it's most talented, maybe, just maybe, there is something wrong with the system.
 

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