Canada’s GDP growth soars to 2.9% in second quarter – exports hit 4-year record

Twin_Moose

Hall of Fame Member
Apr 17, 2017
21,388
5,785
113
Twin Moose Creek
Our economy is being downgraded all the way back to 2015 isn't that something MF

Oil-Price Collapse Took Bigger Toll on Canada Than First Thought

Canada’s economy suffered even worse than previously reported from the massive decline in oil prices that began in 2014.
The country’s statistics agency revised down its gross domestic product figures for the last three years, largely reflecting an even bigger growth slowdown in 2015 and 2016. The figures, released Thursday in Ottawa, also show a deeper recession in Alberta at that time.
Statistics Canada lowered the national growth figure to 1.1 percent in 2016, compared with 1.4 percent previously, and to 0.7 percent in 2015, from 1 percent. The new information also shows a wider growth slowdown in 2015, with eight of 13 provinces and territories being revised lower.
The revisions further validate the Bank of Canada’s decision to cut interest rates at the time, and to keep borrowing costs at historically low levels. They also suggest the economy may have had more slack than thought last year when the central bank began to raise interest rates again, but it’s unclear what effect the revisions will have on plans for additional rate hikes, given the economy has shed whatever excess capacity existed at the time.
Revisions to historical GDP growth don’t change the fact that businesses are reporting labor shortages as the number one impediment to increasing sales or production,” said Nathan Janzen, senior economist at Royal Bank of Canada in Toronto.

More highlights from Canada’s GDP revisions:
The data reaffirm 2017 was a year of strong and broad-based growth. The economy expanded by 3 percent (versus an earlier 3.1 percent estimate), with every province and territory adding to national growth, the first time that’s happened since 2010
Alberta’s economy rebounded in 2017 with the best growth rate in the country at 4.4 percent.
It shrank 7.7 percent over the prior two years, the second largest two-year decline in a Canadian province in the past four decades
In 2017, British Columbia’s economy grew 3.8 percent, while Ontario and Quebec both expanded 2.8 percent, which for Quebec was the fastest pace since 2002
National spending on durable goods like cars and furniture rose 7.1 percent last year, the fastest since 2002
British Columbia’s 2017 growth included a 30 percent increase in investment in non-residential structures like oil and gas projects. It also included a 0.4 percent decline in residential investment, after seven consecutive years of growth
 

spilledthebeer

Executive Branch Member
Jan 26, 2017
9,296
4
36
unemployment at 40 year low


========================================================================================================


So Hoid- you are telling us that Our idiot Boy Justin has achieved the same sort of employment figures as his vile father achieved with



the wage and price controls that enraged Cdns to the point Pierre got shoved out of office and resulted in Joe Clark taking over??????????????????????????????


Yeah- some time with Pierre Trudope and his LIE-berals and JOE CLARK LOOKED GOOD!!!!!!!!!!!!!!!!!!


Just how MESSED UP IS LIE-beral policy????????????????????



HAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 

Twin_Moose

Hall of Fame Member
Apr 17, 2017
21,388
5,785
113
Twin Moose Creek
How's this going to effect our falling GDP

China's threats over Huawei CFO's arrest rattle Canadian business

As China continues to threaten Canada with unnamed "consequences" if it doesn't release the chief financial officer of Chinese telecommunications giant Huawei, some in Canada's business community are openly worried about what's coming next.

"The options are essentially limitless and that's what's concerning about this," Brian Kingston, vice president of policy for the Business Council of Canada, told CBC News
.

Click the link
 

Hoid

Hall of Fame Member
Oct 15, 2017
20,408
3
36
China is so salty

Go talk to America. They are the ones who had her arrested.
 

Twin_Moose

Hall of Fame Member
Apr 17, 2017
21,388
5,785
113
Twin Moose Creek
Nope Canada detained her for the US, Canada will be punished for this Chinese perceived gross injustice. Canada followed their agreement with the US Canada did nothing wrong and JT is already begging Xi not to punish Canada
 

Hoid

Hall of Fame Member
Oct 15, 2017
20,408
3
36
Not a good time to be the CFO of a Chinese company that is doing business with Iran through the back door either.
 

spilledthebeer

Executive Branch Member
Jan 26, 2017
9,296
4
36
China is so salty

Go talk to America. They are the ones who had her arrested.


=======================================================================================================





Poor stupid Hoid!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Displaying your nonsense yet again!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



Our idiot Boy Justin has so seriously snubbed and sneered at Yankees over so many things related to national security for so that



when RCMP spotted the Huawei CEO in Vancouver- the idiot Boy felt he had no choice but to act and arrest her!!!!!!!!!!!!!!!!!!!!!!!!!!


And it must have come as a TERRIBLE SHOCK to the Chinese since Our idiot Boy - and his ENTIRE FAMILY have been such



DOCILE LAP DOGS of the Chinese for so very long!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


But the arrest has had a BENEFIT for Canada!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


The speedy and angry threats China has issued against Canada illustrate juts where we stand politically and militarily!!!!!!!!!!!!!!!


Our idiot Boy can talk about forging deeper relations with China all he wants!!!!!!!!!!!!!!!!!!


But the UGLY REALITY is that China will ONLY BE FRIENDLY to those IT CAN USE!!!!!!!!!!!!!!!!!!!!!!!!!!


The Yankees are not saints.............but WE ARE SAFER standing with them- and with the key members of British Commonwealth


as well- than with any others!!!!!!!!!!!!!!!!!!!!!!!!!!!!


It is a good thing that China is issuing such vile threats over the Huawei arrest- it will put pressure on our IDIOT LIE-beral govt to



HALT the Huawei 5G technology installation which SHOULD have Cdns worried about Chinese spies and sabotage during times of



economic and military stress!!!!!!!!!!!!!!!!!!


Canada is the only western nation that is allowing Huawei to install its 5G technology- Britain, United States, Australia and New Zealand have ALL REFUSED to allow the latest Huawei gear into their countires because of the threat of spying and sabotage!!!!!!!!



But why should any of the Trudeau family worry about that stuff??????????????


After all- Pierre Trudeau happily wrote - in his book Two Innocents in Red China- of "the genius of Chinese Chairman Mao in rushing 30 million Chinese to the gallows" during the disastrous Great Leap Forward!!!!!!!!!!!!!!!!!!!!!


Anybody who can praise the mass murder of 30 million Chinese must surely be a friend of that Communist Party??????????


So WHAT A SHOCK that the Huawei should actually be arrested in Canada!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


The Chinese must be wondering if Our idiot Boy has forgotten which side he is on????????????????????
 

spilledthebeer

Executive Branch Member
Jan 26, 2017
9,296
4
36
I did , not all sailors are Royal Canadian Navy . Nice name eh . Thanks Steven Harper , sounds much better than Canadian Forces . But I digress , many Canadian sailors have never been members in either of those August institutions. And those guys have more then two nickles to rub together . Unlike you .


========================================================================================================


The usual pigs ignorance!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Royal Canadian Navy is the traditional name- that PIERRE TRUDEAU took away -as he was trying to unilaterally disarm Canada at the height of the Cold War and he wanted to take us out of NATO as well!!!!!!!!!!!!!!!!!!!!!!!!!!


And it was Harper that restored the proud name!!!!!!!!!!!!!!!!!!!!!!



I am sure all the LIE-berals are comforted- knowing that Our idiot Boy Justin has succeeded where his father failed!!!!!!!!!!!!!!!!!!!!!!!!


Canada has NEVER BEFORE spent so little on national defense and security as we are spending under LIE-berals!!!!!!!!!!!!!!!!!!!!!!


And Canada has never before had a govt that was so happy to sneer at major allies- Yankees and Brits as Our idiot Boy is doing!!!!!!!!!!!!!!!!!


And Canada has never before had a govt that was so willing to open the borders with so very few security checks as LIE-berals are doing!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


And Canada has never before had a govt so willing to IGNORE organized crime and money laundering as LIE-berals are doing!!!!!!!!!!!


And Canada has never before had a govt so willing to accept illegals from places where terrorist bombing is seen as a useful instrument of govt policy!!!!!!!!!!!!!!!!!!!!!!!!!!


Canada has never before had a govt that was so wildly and extravagantly WASTEFUL as our LIE-berals are!!!!!!!!!!!!!!!!!!!!!!!!!!


And Canada has never before had a govt that thinks this kind of CRAP is GOOD for Canada- as LIE-berals do!!!!!!!!!!!!!!!!!!!!!!!!!
 

spilledthebeer

Executive Branch Member
Jan 26, 2017
9,296
4
36
Agreed but Canada will face the wrath of China though We're already seeing it with a false arrest in China


========================================================================================================


GOOD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Maybe more Cdns will be alerted to what sort of regime is in charge in Beijing!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!




Here is an article illustrating how utterly simplistic and child like is LIE-beral understanding of the world. With some comments of my own in brackets):

Canada raises 'concerns' over Israel's mass deportation plan for African migrants

1/17. cbc.ca. Kathleen Harris

Foreign Affairs Minister Chrystia Freeland's office says Canada has raised concerns with Israel over its mass deportation plan. Canada is opposed to Israel's plan to deport or imprison thousands of African asylum seekers and has officially registered its concerns.

A majority of the 37,000 citizens of Sudan and Eritrea living in Israel are being ordered out of the country beginning next month. The Israel government has started distributing notices advising asylum seekers they have 60 days to leave for a "safe" African country with the help of a plane ticket and a few thousand dollars.

If they don't go voluntarily, they face indefinite imprisonment.

(Oh the HORROR! Israelis have asked nicely and are willing to PAY people who lack the education and language skills needed to survive in Israel to go away! Israel happens to be a land under siege by Muslims and maybe our idiot LIE-beral govt should ask how many of the Africans being asked to leave ARE MUSLIMS with NO loyalty to the Jewish state?)

"Canada does not support policies of mass deportations of asylum seekers. The rights of asylum seekers and refugees are laid out in the Geneva Convention on the Status of Refugees, of which Israel is a signatory," said Adam Austen, spokesman for Foreign Affairs Minister Chrystia Freeland.

(Yes- and LIE-berals LIE when they claim to speak for all Canada with regard to illegals- since the majority of Cdns want the illegals who CAME HERE to be deported- with LIE-berals facing Cdn anger for refusing!)

"As the country that resettles the highest number of African asylum-seekers from Israel, we are in direct contact with the Government of Israel to convey Canada's concerns about the situation."

According to Immigration, Refugees and Citizenship Canada (IRCC), 1,880 Eritrean refugees were resettled to Canada from Israel in in 2016 and 2017, almost all of them through private sponsorship.

(That`s nice- many Cdns have scorned the new LIE-beral immigration rules that allow in pretty much ANYBODY! Cdn LIE-berals have no business commenting on Israeli immigration policy that is designed to keep that nation safe during war time! This is something LIE-berals ought to consider as Cdn security tries to deal with Isis infiltrators in Canada- with LIE-berals tying cops hands at every turn! And our LIE-beral nitwits do not want to discuss the economic consequences for Canada if Yankees grow any more disgusted with LIE-beral national security measures that have huge holes in them- and simply shut the border to Cdns!)

The federal government also has a program to resettle Eritrean refugees now in other countries.

(Oh great! Not content with the number of illegals showing up here on their own initiative- LIE-berals are now chasing into other countries seeking MORE Muslim trouble makers!)

While the Israeli government has not publicly named the country or countries to which the migrants would be removed, Rwanda is believed to be a destination country and also possibly, Uganda.

Israeli Prime Minister Benjamin Netanyahu has labelled the asylum-seekers "illegal infiltrators," suggesting they are seeking job opportunities rather than genuine refugee protection.

The wave of Eritrean and Sudanese migrants began in 2006, with people fleeing persecution and violence crossing the border illegally from the Sinai desert to Israel. After Israel built a 242-kilometre electronic fence along the border in 2014, illegal immigration through the Sinai dropped to just 11 cases in 2016 and none in 2017.

(Hey- maybe Trump is right and his Wall WILL WORK? It certainly did for Israel!)

The migrant situation has become a flashpoint in Israel. Some citizens blame migrants for rising crime rates and threatening the country's social fabric and Jewish character, while others condemn the mass deportation plan as unethical and racist.

In a UN peer-review human rights report Jan. 23, 2018, Canada said human rights protections in Israel vary based on ethnic or religious groups.

(It is natural and normal and understandable that Israeli law would focus first and foremost on Jews seeking asylum. It ought to be obvious even to Our idiot Boy Justin that Israel really has NO ROOM for Muslim immigrants since Israel is AT WAR with the Muslim world!)

Among Canada's recommendations to improve human rights in the country was to "take measures to ensure an equal and non-discriminatory institutional approach toward all communities in Israel, particularly Israeli-Arabs and African asylum seekers."

(In other words LIE-berals want Jews to surrender to their enemies! Its mainly why Our idiot Boy has restored Cdn funding to Muslim terror group Hamas!)

Other recommendations included reducing restrictions on freedom of movement to allow better access to health services for Palestinians, and protecting the ability of civil society groups to operate freely in the country.

(Oh fine! Palestinians who get injured while fighting to destroy Israel really do NOT have much of a claim on Israeli health care- they have Our idiot Boy for that aid!)

Irwin Cotler, former Liberal justice minister and internationally renowned human rights leader, is critical of Israel's deportation policy but says there is much misinformation around it. The policy has been amended to exclude women, children, families and disabled persons, which means only single Eritrean men are subject to the deportation order, he said.

(IN other words Israel IS BEING CHARITABLE! Israel is simply disposing of men of military age who may already be secretly aiding Palestinians in the fight to kill Jews! By giving women and children the choice to stay or go it allows room for GENUINE refugees to stay and allows wives and children the chance to follow their militant husbands and fathers- sounds fair to me! But then I am not a SNEAK seeking to undermine Israel with duplicity!)

Cotler believes Israel should suspend any deportations until a fair, effective and comprehensive refugee status determination process is established.

(Cdn LIE-berals will STILL be talking AND WHINING when Muslims achieve their goal and drive the Jews into the sea! At that point they can talk about the Israeli Second Holocaust!)

"Without that it becomes arbitrary, even if those carrying it out believe they are well-intentioned in that they are sending them to a safe third country, providing them with support on the way, and are actually acting in a more favourable way than other countries that are just summarily deporting those they deem to be migrants," Cotler told CBC News.

Of the cases that have been heard in Israel, fewer than one per cent been accepted as genuine refugees, compared to a rate of about 97 per cent approval of claims in Canada, he said.

(And as we get closer to the 2019 federal election- LIE-berals may come to regret not being harder on the illegals that so many Cdns want to see GONE!)

Cotler said Canada could help ease the pressure on Israel by taking in more refugees. "That would be a determination for Canada to make, but I do believe it could increase its intake. It's something it could work out in discussion with the UNHCR and Israeli authorities," he said.

(Recently a Toronto Sun reporter mocked Our idiot Boy as “the crazy cat lady of the immigrant world”- mindlessly collecting strays- we can expect Our idiot Boy to keep mindlessly adding to his collection of illegals until his mental health is questioned and he is forbidden to add to his collection! Now we see the “cat lady” syndrome is prevalent among ALL LIE-berals- we already have more illegals than we can afford to deal with! And we are economically threatened with the death of NAFTA because of our open door with No security LIE-beral immigration policy that Yankees find both offensive and threatening! It is time for LIE-berals to decide whose side they Really are on!)

In a recent article for the Times of Israel, Cotler said, by using language such as "infiltrators," Israeli political leaders have engaged in ongoing incitement against asylum seekers that was "designed to stigmatize, criminalize and expel, rather than evaluate and properly determine their status according to law."

(Israeli borders are among the most heavily guarded on the planet- nobody can get across illegally WITHOUT “INFILTRATING”! LIE-berals are playing word games with people who deal with terror on their doorsteps on a daily basis!)
 

spilledthebeer

Executive Branch Member
Jan 26, 2017
9,296
4
36
When is she going to learn to keep her nose out of other people's business? How much is it going to cost Canada on the world stage?


========================================================================================================


The "Wrath of China" will amount to a VERY SMALL storm in the near future!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



China KNOWS that Our idiot Boy Justin is one of those fools that Soviet leader Lenin referred to as a "useful idiot"!!!!!!!!!!!!!!!!!!!!!!


China will quickly release the 2 Cdns once it becomes aware that its thug tactics are backfiring and making Cdns LESS TRUSTFUL of



either Our idiot Boy or China!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!



The TRUE Wrath of China will not appear until after Our idiot Boy is dumped out of office and the new govt does the sensible thing and cancels all contacts with Huawei SPIES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 

Twin_Moose

Hall of Fame Member
Apr 17, 2017
21,388
5,785
113
Twin Moose Creek
IMO Xi is targeting JT because they perceive him as weak and out of favour with Trump, that they may get the desired effect to strong arm him to get the prized CFO out of the US sphere
 

spilledthebeer

Executive Branch Member
Jan 26, 2017
9,296
4
36
IMO Xi is targeting JT because they perceive him as weak and out of favour with Trump, that they may get the desired effect to strong arm him to get the prized CFO out of the US sphere


========================================================================================================


Well of course China is targeting Our idiot Boy Justin!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


And of course they think he is weak!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


But then- HE IS MORALLY WEAK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


So it must have come a a shock to the Chinese that for once -Cdn LIE-berals did something that worked IN FAVOUR of United States and western security!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


And it must be a TERRIBLE SHOCK that so many ordinary Cdns are taking the line that by raging as it has - China has proven IT IS NOT TO BE TRUSTED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Although the China mess IS somewhat benefiting Our idiot Boy as it is somewhat distracting from the Omar Khadr dog and pony show regarding his attempts at getting FULL PAROLE and the freedom to travel to the Middle East and visit his old terror buddies and pass on his bomb making skills to his vile sister Zaynab- WITHOUT having Csis agents watching or listening in!!!!!!!!!!!!!!!!!!


And how sad that LIE-berals cannot demonstrate that Omar has ever displayed ONE SHRED OF REMORSE for the Cdns, Brits and Yankees- and no doubt others as well- that his bombs maimed and killed!!!!!!!!!!!!


The Omar Khadr show has been entirely one sided all the way along- its all about what HE WANTS and feels entitled to!!!!!!!!!!!!!!!!!!


THE ONLY REASON we should ever let him leave Canada is under circumstances WHERE HE CAN NEVER COME BACK!!!!!!!!!!!