The 0.0 per cent growth reading in fourth-quarter gross domestic product capped five consecutive quarterly increases and missed analysts’ average forecast of a 1.5 per cent rise. It was also well below the Bank of Canada’s forecast for 1.3 per cent annualized GDP growth in the quarter.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.
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Too much government is killing Canada 🇨🇦😡😡
Canadian/US, multiple countries economies are contracting into a collapse. We are being gaslighted a false sense of security. We are a debt based economy when people/businesses stop borrowing then the layoffs, closures and forfeitures accelerate a domino effect no soft landing
Increased BoC interest rates to curb inflation caused by companies increasing costs greater than real imflation. Real inflation was about 3%, but food, gas etc increased much higher. Ie, Loblaws was 10% year over yrar. Who is screwing who? Big business is who.
wait for the upcoming gas prices that should put the nail in the coffin and no liberal or conservative can fix it expect inflation to be 3 to 5 % per year it is not going any where
No surprise. sunnyways
With the chairman putting Canadian industry down while demoralizing it’s citizens and loosening the ties of the judicial system, what did we expect. Canada is about to go into a tailspin unknown to our times. That one narcissistic individual could inflict so much pain ! Justice
We tried to warn you. Now it's to late.
And this after spending 750 billion across Canada in debt from government. Only investments you will see now are where corporations are bribed by our tax money from fordnation and CCCP's very own JustinTrudeau. Exception: Alberta where energy strong, that Liberals want closed.
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