Canadian economy continues to expand, GDP rose 1.1 per cent

[mentalfloss]

Everyone likes good economic news! YAY!!!!

Canadian economy continues to expand, GDP rose 1.1 per cent​

Statistics Canada says real gross domestic product rose 1.1 per cent in February, the largest monthly increase in about a year.

The rebound in accommodation and food services is among the reasons for the boost, as COVID-19 restrictions were eased following the surge in the Omicron variant.

“Food services and drinking places jumped 17.6% in February, more than offsetting the declines in December 2021 and January 2022, as activity increased across the country and at all types of establishments,” Statistics Canada said in a release Friday.

Canadian economy continues to expand, GDP rose 1.1 per cent

The Canadian economy showed a rebound in several sectors including entertainment, accommodation and food sector due to the easing of COVID restrictions.

vancouver.citynews.ca

 

[harrylee]

And inflation???

 

[mentalfloss]

Stop investors from buying houses??

 

[pgs]

Stop investors from buying houses??

Why ? If we have a housing shortage how do we expect to house 500,000 extra people per year ?

 

[taxslave]

All this so called growth in the economy is just businesses finally being allowed to reopen. Despite turdOWE's best efforts many of them will survive and their owners will most certainly work hard to have the Prime Moron removed.

 

[pgs]

All this so called growth in the economy is just businesses finally being allowed to reopen. Despite turdOWE's best efforts many of them will survive and their owners will most certainly work hard to have the Prime Moron removed.

Yes even in the GTA many liberal voters lost their businesses , and they are not happy campers .

 

[mentalfloss]

Why ? If we have a housing shortage how do we expect to house 500,000 extra people per year ?

If you stop people from buying multiple houses, no moar housing shortage.

Duhhhhh

 

[pgs]

If you stop people from buying multiple houses, no moar housing shortage.

Duhhhhh

Really , if people did not buy multiple houses , who would supply the rental market ? And why would you be against the best vehicle for immigrants to increase their wealth ? Should we import 500,000 people to keep them in perpetual servitude ?

 

[mentalfloss]

Really , if people did not buy multiple houses , who would supply the rental market ? And why would you be against the best vehicle for immigrants to increase their wealth ? Should we import 500,000 people to keep them in perpetual servitude ?

Do you actually want to reduce house prices or just continue coming up with excuses?

 

[B00Mer]

Do you actually want to reduce house prices or just continue coming up with excuses?

why should you care, rent Free in your mothers basement suits you

 

[pgs]

Do you actually want to reduce house prices or just continue coming up with excuses?

Why would anyone think house prices can be reduced when the prices of building materials , labor , and permitting are all skyrocketing ?

 

[mentalfloss]

Why would anyone think house prices can be reduced when the prices of building materials , labor , and permitting are all skyrocketing ?

Ok, go to sleep now.

 

[mentalfloss]

why should you care, rent Free in your mothers basement suits you

Why should you care that Pierre's renting out houses while complaining about people who rent out houses?

 

[pgs]

Ok, go to sleep now.

No answer Eh ? I thought you knew how to fit a round peg into a square hole .

 

[harrylee]

If you stop people from buying multiple houses, no moar housing shortage.

Duhhhhh

More

 

[Nick Danger]

Something has been bugging me. Lots of people want to hang the blame for high inflation on the government "printing money", like all the pandemic relief that went out to Canadians. I'm wondering why inflation keeps climbing even after all the pandemic support was phased out. Coincidentally, profit margins for large corporations set record highs in 2021. Go figure.

 

[Ron in Regina]

Why should you care that Pierre's renting out houses while complaining about people who rent out houses?

I hear you, and I heard a rumour that he’s doing it from Aga Kahn’s private island while wearing blackface after flying there from Tofino after his 10th vacation of the year so far.

 

[Tecumsehsbones]

Something has been bugging me. Lots of people want to hang the blame for high inflation on the government "printing money", like all the pandemic relief that went out to Canadians. I'm wondering why inflation keeps climbing even after all the pandemic support was phased out. Coincidentally, profit margins for large corporations set record highs in 2021. Go figure.

Let me help. . .

"For every complex problem there is an answer that is clear, simple, and wrong."
--H.L. Mencken

 

[Nick Danger]

You have an odd idea of what constitutes "help".

 

[petros]

Get ready for a recession.