shockedcanadian
Diamond Member
- Aug 6, 2012
- 43,872
- 42,934
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I never blamed Trump for Canadas economic failures, this has all been on policies in Canada that drive our best talent out of the country and via abuses of civil liberties lead to our demise. In addition to massive and bloated government employment which pays better and is far less efficient.
We've been living on debt and have record homeless. That is what criminal apparatuses akin to the Soviet system in the 1980s leads to.
www.thestar.com
OTTAWA - A new report by the International Monetary Fund says the Canadian economy has held up better than expected under the trade shock from U.S. tariffs.
The report says the impact of the trade dispute was mitigated by exemptions under the free trade agreement between Canada, the United States and Mexico, but employment and investment have still weakened.
It says lower commodity prices, softer external demand, slowing immigration and tariff uncertainty have added to the drag.
Looking ahead, the IMF says a risky outlook has become more balanced than earlier in the year, but uncertainty is expected to remain high.
The report, which is part of the IMF’s regular review of the Canadian economy, says the federal government’s budget rightly pivots toward higher public investment, though it says a clear debt-to-GDP anchor should remain central to Canada’s fiscal framework.
It says fiscal policy should continue to be measured, counter-cyclical, and flexible.
We've been living on debt and have record homeless. That is what criminal apparatuses akin to the Soviet system in the 1980s leads to.
Ottawa should recommit to debt-to-GDP anchor, IMF report says
A new report by the International Monetary Fund says the Canadian economy has held up better than expected under the trade shock from U.S. tariffs.
www.thestar.com
OTTAWA - A new report by the International Monetary Fund says the Canadian economy has held up better than expected under the trade shock from U.S. tariffs.
The report says the impact of the trade dispute was mitigated by exemptions under the free trade agreement between Canada, the United States and Mexico, but employment and investment have still weakened.
It says lower commodity prices, softer external demand, slowing immigration and tariff uncertainty have added to the drag.
Looking ahead, the IMF says a risky outlook has become more balanced than earlier in the year, but uncertainty is expected to remain high.
The report, which is part of the IMF’s regular review of the Canadian economy, says the federal government’s budget rightly pivots toward higher public investment, though it says a clear debt-to-GDP anchor should remain central to Canada’s fiscal framework.
It says fiscal policy should continue to be measured, counter-cyclical, and flexible.
