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

Not a good time to be negotiating with the Chinese Gov. on behalf of the Canadian Gov. or Canadian company
Not a good time to be the CFO of a Chinese company that is doing business with Iran through the back door either.
Quote: Originally Posted by Hoid View Post

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????????????????????
Quote: Originally Posted by pgs View Post

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!!!!!!!!!!!!!!!!!!!!!!!!!
Quote: Originally Posted by Hoid View Post

Not a good time to be the CFO of a Chinese company that is doing business with Iran through the back door either.

Agreed but Canada will face the wrath of China though We're already seeing it with a false arrest in China
Quote: Originally Posted by Twin_Moose View Post

Agreed but Canada will face the wrath of China though We're already seeing it with a false arrest in China

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


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. 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!)
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?
Quote: Originally Posted by Twin_Moose View Post

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!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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
Quote: Originally Posted by Twin_Moose View Post

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!!!!!!!!!!!
20 of the fastest-crashing industries in Canada
Curious Cdn
No Party Affiliation
Quote: Originally Posted by Twin_Moose View Post

20 of the fastest-crashing industries in Canada

Not many left.

"Would you like fries with that?"
Quote: Originally Posted by Curious Cdn View Post

Not many left.

"Would you like fries with that?"

Is it not fascinating how EASY is it is to sell stuff if you are so desperate that you offer it up at FIRE SALE PRICES!!!!!!!!!!!!!!!!!!!!

LIE-berals boast of record job creation in summer 2018......and yet struggle to find words for RECORD JOB LOSSES earlier in the year!!!!!

LIE-berals boast of record job creation while IGNORING the ugly reality that we are shifting over from decent full time jobs over to part time, temporary or contract CRAP McJobs!!!!!!!!!!!!!!!!!!!!

LIE-berals boast of soaring exports- but neglect to mention falling company profits and the frozen wages Cdns deal with even as LIE-berals drive up the cost of EVERYTHING with their carbon crap and trade scam!!!!!!!!!!!!!!!!!!!!!!!!

And LIE-berals are apparently pleased that Cdn companies have managed to continue exports even though they are burdened by

tariffs that are the DIRECT RESULT of LIE-beral refusal to take national security issues seriously enough to suit our Yankee


LIE-berals DO NOT CARE that too many of our employers are on a slow road to fiscal STARVATION thanks to LIE-beral arrogance!!!

LIE-berals boast of our "booming economy" that is only booming for civil service union Hogs and pals of LIE-beral govt!!!!!!!!!!

Even as the value of our dollar drops and makes imported food and clothing COST MORE!!!!!!!!!!!!!!!!!!!!!!!!!

LIE-berals tell us the land is "strong" even as they bury us in an avalanche of new debt!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

LIE-berals boast of their money management skills even as they run headlong towards the debt wall that will see their govt crashing to the ground in disgrace!!!!!!!!!!!!!!!!

Our idiot Boy and his loser LIE-berals TAKE PRIDE in running the most costly govt in Cdn history!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

LIE-berals talk of unity and then hand over $11 billion dollars in BRIBERY to Quebec while at the same time LIE-berals IGNORE Ontari-owe because it dared to elect Doug Ford!!!!!!!!!!!!!!!!!!!!!!!!!

And LIE-berals ABUSE Alberta for daring to dislike LIE-berals in the first place and for daring to question the validity of the LIE-beral

carbon crap and trade scam that is nothing but a disgraceful gravy grab by GREEDY LIE-berals in the second place!!!!!!!!!!!!!!!!!!

It is now quite clear to the Cdn public that the LIE-beral carbon crap and trade scam ONLY cleans cash from wallets and leaves the

dirt in the air!!!!!!!!!!!!!!!!!!!!!!

And the ONLY RESPONSE LIE-berals offer to arguments like this is to whine about RACISTS and climate deniers!!!!!!!!!!!!!!!!!!!

IN other words- LIE-berals HAVE NO coherent rebuttal to those who accuse them of destroying Canada with insane debts and

shameless vote buying so LIE-berals can cling to power at ANY PRICE!!!!!!!!!!!!!!!
New year brings federal tax changes


OTTAWA - The new year brings with it tax changes at the federal level that will affect just about every Canadian, as well as small businesses.
One of the first changes workers will see is an increase in Canada Pension Plan premiums coming off their paycheques — the first of five years of hikes to pay for enhancements to the pension plan.

Employment Insurance premiums, on the other hand, will drop by four cents for every $100 of insurable earnings.
Meanwhile, the small business tax rate is going down from 10 to nine per cent. But changes to how much so-called passive income a small business can hold are also coming into effect, which is expected to push some businesses into paying a much higher corporate tax rate.
Also in 2019, low income workers can qualify for an increase in the Canada Workers Benefit. But they will have to wait until 2020 to receive the extra money.
The federal government's new carbon pricing system will also come into effect in provinces that don't have carbon pricing mechanisms of their own, resulting in higher costs for fossil fuels by April, and direct rebates to partly offset the increased costs.
Conservative Opposition Leader Andrew Scheer is already gearing up to make it an issue leading to the October federal election, calling 2019 the year of the carbon tax.

Falling oil prices drive Canadian trade deficit to six month high


(Bloomberg) -- Canada’s merchandise trade deficit widened to the largest in six months in November as crude oil prices tumbled, adding to evidence the economy is entering into a soft patch.
The nation posted a C$2.1 billion ($1.6 billion) shortfall during the month, more than double the C$851 million trade gap in October, Statistics Canada reported Tuesday in Ottawa. Exports fell 2.9 percent in November, for the biggest one-month decline in over a year, as oil shipments plunged 18 percent.
The sudden slump in oil prices has sidetracked what had been an improving export performance last year, leading to what is expected to be a temporary slowdown for the Canadian economy on falling export receipts and the impact of production shutdowns in Alberta to deal with transport bottlenecks.
The weakness also seems to have spread beyond energy, as shipments outside of that sector also declined in November by 1.4 percent. Exports were down in eight of 11 sectors tracked by Statistics Canada during the month.
Falling prices meanwhile were only partially responsible for the drop in shipments. Exports in volume terms fell 1.8 percent in November, including a 1.6 percent drop in non-energy exports.
Exports have now fallen four straight months, the longest negative streak since 2015. Imports also fell in November, dropping 0.5 percent, their third monthly decline.
The trade deficit was in line with the median economist forecast of C$2.15 billion, from an initially reported October deficit of C$1.17 billion. The country remains on pace to produce its lowest trade deficit in four years in 2018.
Statistics Canada also reiterated its next trade report may be hampered if the partial U.S. government shutdown continues, because it relies on American data to calculate exports.

Libs. just can't shake that dirty oil from the economy
Curious Cdn
No Party Affiliation
Quote: Originally Posted by Twin_Moose View Post

Falling oil prices drive Canadian trade deficit to six month high
Libs. just can't shake that dirty oil from the economy

It's not just the Western oil.

Don't forget Hibernia.
Does the Hibernia get to ship their oil overseas?
Quote: Originally Posted by Twin_Moose View Post

Falling oil prices drive Canadian trade deficit to six month high

Libs. just can't shake that dirty oil from the economy

What a WONDERFUL EXAMPLE of LIE-beral hypocrisy!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!

LIE-berals want to BOAST of a higher gross domestic product!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!

But DO NOT want to talk about the STEADY LOSS of full time jobs!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

And CERTAINLY LIE-berals DO NO NOT want to discuss how those full time jobs are RAPIDLY being replaced by part time CRAP!!!!!!!!!!!!!!!!!!!!!!!

And LIE-berals DEFINITELY DO NOT want to talk about GROWING trade deficits that will result in a devalued Cdn dollar and make it harder for ordinary people to afford imported FOOD!!!!!!!!!!!!!!!!!!!!!!

Yes- a lower Cdn dollar makes it harder to get fruits and vegetables from international sources like California, Guatemala and Chile- at the same time that the new LIE-beral carbon crap and trade scam starts hitting at Cdn farmers and driving THEIR prices up as well!!!!!!!!!

LIE-berals LOVE RAPID INFLATION as it gives them excuses to hand out more gravy to Hogs!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Its just TOO BAD about all the Cdns who are on fixed incomes and who are getting NAILED by LIE-beral created inflation!!!!!!!!!!!!!!

LIE-berals are trying to create a Soviet style govt where ordinary people are regulated by the threat of starvation!!!!!!!!!!!!!!!!!!!!!!!!!!

Cooperate with LIE-berals and they will throw you crusts of bread and allow you to live in a concrete box in an "AFFORDABLE" slum!!!!!!!!!!!!!!!!!!!!

Resist LIE-berals and you will end up unemployed and homeless and hungry as well-and will be wearing a sign on your back saying "White Privilege"!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Canada’s economic growth expected to slow


Growth is expected to ease globally as momentum sputters in countries like the U.S., with Canada showing signs of a sharp step down from its G7-leading 3 per cent in 2017, according to a report from the Organization for Economic Cooperation and Development.
The monthly composite leading indicators report Monday affirmed slowing growth across the 36-nation OECD with more declines on the horizon for Canada, the U.K., the Eurozone (including Germany, France and Italy), and in the United States where some cooling is expected later this year.
“In the United States and Germany, the tentative signs of easing growth momentum that were flagged in last month’s assessment have been confirmed,” the Paris-based research organization said in a statement.
Most forecasters have been anticipating a global slowdown, with the first quarter of 2019 being seen as particularly weak in Canada due to an 8.7 per cent reduction in oilsands output that kicked in at the start of January.
“We do, however, continue to think growth will rebound from that weak showing as oil production ramps up and the rest of the economy continues to grow roughly at potential,” said Scotiabank deputy chief economist Jean-Francois Perrault in an email.
The OECD data, designed to anticipate turning points in economic activity up to nine months ahead, continues to flag stable growth in Japan, with easing momentum seen for Brazil and Russia.
Stable growth remains the assessment for the industrial sector in India and China, even though customs data Monday showed an unexpectedly steep decline in Chinese exports to the United States in December.
The OECD data shows a twelfth consecutive monthly drop in Canadian economic growth — to 99.1 in November from 99.3 the previous month amid signs that growth in the U.S. may be slowing faster than anticipated. The U.S. indicator fell for the third straight month to 99.6 and further below the 100 mark that points to steady growth. By contrast, China’s indicator rose slightly to 98.8.
The leading indicator for the Eurozone was below 100 for a fourth straight month, pointing to a continuation of the slowdown that began last year.
Canada’s economy is expected to expand by 1.9 per cent in 2019 compared with 2.1 per cent last year according to a survey of economists in early January by Bloomberg News that sees a 20 per cent chance or recession within the next 12 months. The survey sees 1.5 per cent growth in the first quarter versus an estimated 1.9 per cent in the final three months of 2018.
U.S.-China trade tensions along with indications that global economic activity is approaching capacity “have taken some of the steam out of exports and put commodity prices on the defensive,” RBC chief economist Craig Wright said in a 2019 outlook, adding that consumers are being squeezed by three rate hikes in 2018 that pressured the housing sector, although RBC expects the central bank to hike rates two more times this year.
Statistics Canada says GDP rose 3 per cent in Canada in 2017 — ahead of all the other Group of Seven countries — as household expenditures jumped by 3.5 per cent.

Quote: Originally Posted by Twin_Moose View Post

Canada’s economic growth expected to slow

Here it is January 16, 2019 and the news IS IN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

The global economy IS SLOWING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

In both Toronto and Vancouver- house sales are well off of previous levels!!!!!!!!!!!!!!!!!!!!!!!!!!!

The loss of full time jobs that are being replaced by part time crap is accelerating!!!!!!!!!!!!!!!!!!!!!!!!!

Low wage, part time, temporary and contract crap is becoming the NORM!!!!!!!!!!!!!!!!!!!!!!!!

And the price of oil has dropped to levels not seen in nearly a decade- with some of that being the result of more sophisticated Yankee extraction methods that essentially rejuvenate and extend the life of old oil fields and some of it is the result of more fuel efficient cars...........but some is the

result of cash strapped consumers simply traveling less and thus using less gas!!!!!!!!!!!!!!!!!!!

Our idiot Boy and his loser LIE-BERALS got elected on a promise to "save the middle class" and ended up hitting them with $2 grand in new taxes!!!!!!!!!!!!!!!!!!!!!!!!!!!

And that $2 grand is money that would have been used to go on weekend jaunts- to restaurants and wine tasting and a day skiing in Collingwood etc!!!!!!!!!!!!!!!!!!!!!!!!!!

And instead that $2 grand per middle class person is being used to pay for the DELUGE OF ILLEGALS!!!!!!!!!!!!!!!!!!!!!!!

And sadly those unskilled, ill-educated illegals with their woefully limited ability to succeed in our LIE-beral debt debauched economy will be a drain on our pocket books for many decades to come!!!!!!!!!!!!!!!!!!!!!!!!

And there is the $4.7 billion dollar bill to buy and mothball the Kinder Morgan pipeline to consider as well!!!!!!!!!!!!!!

At the same time that civil service union Hogs are getting pay raises the rest of us are looking at PAY EROSION thansk to steadily higher taxes and govt fees and by infaltion mandated by the LIE-beral carbon crap and trade tax SCAM!!!!!!!!!!!!!!!!!!

Congratulations LIE-berals on having created a TWO TIER ECONOMY!!!!!!!!!!!!!!!!!!!!!!

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