expanded 0.1 per cent in November, Statistics Canada reported Friday in Ottawa. That followed a 0.1 per cent gain in October, matching the median estimate in a Bloomberg survey of economists, and an upwardly revised increase of 0.2 per cent in September.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.
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For the top 10% it was a very good year. For the rest of us, not so much. They tell us that we are wealthier than the generations before us. I disagree, we have more debt, two family incomes, and most people are working harder.
How’s Canada’s economy holding up ? With absolutely everything way outta reach of more than half the population ?
Npisfakenews liberalsareliars
We'll take the respite, but the storm is on the horizon. Raising rates will further strangle a consumer driven economy which main street people are struggling as it is. Shutting down the economy may be their plan to get back to 2% inflation, then what? Depression?
Government bond yields have surged. A near perfect indicator of an impending massive crash…
If you can’t trust your government and know your money will be worth less in a year, you may as well spend it now.
Congrats Justin: A good rebounding economy/inflation down/lots of new investments/new businesses opening/more jobs than people to fill them/Oil outputs up/Exports are up/Deficits down/A surplus this year/Voted 1 Country of 2021/22/One of the Freest Country's etc. Copy/Share this
The oil and gas sector contracted 2 per cent, manufacturing dropped 0.7 per cent, the fourth decline in six months ... but public sector grew! Really, this is good?
I see it as a positive. Canadians are resilient.
They are not going to stop till more Canadians lose the homes and jobs. Thanks liberals!!!
These guys wont stop until were all lined up at the food bank.
Bullcrap
Whaaattttt
I would say, to hold steady. But perhaps another 25-50 basage points wouldn’t hurt.
That's probably because the 1% are buying more cottages, yachts, planes, and shelters to get out of the governance that we're in. Apparently some capitalist people think that bailing out their tax system is the best way to avoid financial depression.
A drown swimmer holding on to a life jacket is holding up better than expected.
Is PierrePoilievre the answer to our problems?