Canada’s no good, very bad fourth quarter might be even worse than we expected
Canadian manufacturing sales unexpectedly sank in December, a disappointing end to an already weak year for the sector.
Factory shipments were down 0.7 per cent from November, the fourth straight monthly decline for the indicator, driven by a sharp drop in motor vehicle sales, Statistics Canada reported Tuesday in Ottawa. Economists had predicted sales would rebound by 0.7 per cent.
Economists had thought December would be a stronger month for factories, particularly after trade data showed a jump in exports in the month following the end to the CN Rail strike in November. The data, which also showed falling new orders, will reinforce expectations the Canadian economy stalled in the final quarter of 2019.
The weak December reading was driven by a 6.8 per cent drop in motor vehicle shipments, along with a 16 per cent decline in aerospace products. Sales were down in 11 of 21 industries, representing 43 per cent of the Canadian manufacturing sector.
In volume terms, sales were down 0.4 per cent.
For all of 2019, sales increased 0.5 per cent, down from 5.4 per cent in 2018 and 6 per cent in 2017.
business.financialpost.com/news/economy/factory-sales-unexpectedly-drop-in-canada-to-cap-poor-year
Canadians can count on the economy looking even bleaker in light of all the illegal blockades holding up the transportation of goods and services. Our economy is losing millions daily due the the ineffective politics of our so-called government.
For anybody who cares to look ............................
our economic problems ALL STEM from UNCERTAINTY ABOUT BORROWED GRAVY!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Through out 2019 we witnessed Conservative minded provincial govt strike back and struggle to REGAIN CONTROL
of our economy after WAY TO MUCH LIE-beral DEBT and fiscal debuchery!!!!!!!!!!!!!!!!!!
We are CRIPPLED BY THAT DEBT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
And LIE-berals and their bought and paid for civil service union HOG ALLIES..........................
EXPECT OTHERS TO BAIL THE COUNTRY OUT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
While at the same time HOGS DEMAND MORE GRAVY from the poorer people among us!!!!!!!!!!!!!!!!!!!!!!!!!!!
LIE-berals would VERY MUCH LIKE TO GIVE HOGS THAT GRAVY!!!!!!!!!!!!!!!!!!!!!!!!!!!!
In order to retain the VERY COSTLY HOG SUPPORT!!!!!!!!!!!!!!!!!!!!!!!!
But TOO BAD - WE ARE BROKE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The Cdn economy was put on PAUSE b6y the 2019 election as TENS OF THOUSANDS OF HOGS....................
HELD THEIR BREATHS AND WAITED TO SEE IF LIE-beral bribery and shameless vote buying would win the day!!!!!!!!!!!!!!!!
And IT DID NOT - the Cdn public IS PISSED!!!!!!!!!!!!!!!!!!!!!!!!!
AND now we are facing huge new demands by radical natives!!!!!!!!!!!!!!!!!!!!!!!!!
I certainly notice that BIZ SLOWS DRAMATICALLY whenever there is an election in the offing...................
or whenever there is a civil service union HOG STRIKE being organized!!!!!!!!!!!!!!!!!!!!!!!!!
We now have Unifor striking out west.................................
and teachers striking in Ontari-owe............................
and Toronto Outside Workers - meaning garbage men and snow plow operators and etc.....................
moving rapidly into strike position!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
And ALL OF THEM WANT MORE GRAVY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
From a deeply indebted govt...............................
that is also wrestling with the Wuhan Virus and its costs!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
And Our idiot Boy and his loser LIE-berals HAVE YET to do anything about the tens of thousands of illegals...................
that they plan to turn into LIE-beral supporters in a SHAMELESS POWER GRAB!!!!!!!!!!!!!!!!!!!!!!!
At the expense of ordinary Cdns!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
And now Our idiot Boy is FUMBLING TO DEAL WITH THE RADICAL NATIVES....................
THAT DECADES OF LIE-beral policy have ENCOURAGED!!!!!!!!!!!!!!!!!!!!!!!!
And Our idiot Boy and doorknob Jagmeet Singh have nothing to say ...........................
except that we "should talk till we reach consensus and agreement"!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
And never mind that the country is PARALYZED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
And never mind how MUCH BLACKMAIL CASH WILL BE REQUIRED.......................
TO REACH THAT EXTORTED AGREEMENT WITH THUGS HOLDING THE COUNTRY HOSTAGE!!!!!!!!!!!!!!!!!!!!
Our idiot Boy told us back in 2015 that "Canada is back"!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
And SO IT IS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
RIGHT BACK TO THE COSTLY CRAP THAT GOT PIERRE THROWN OUT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
