Canada's economy didn't grow at all last quarter and shrank in December, new GDP numbers show | CBC News

Signs of economic slowdown may come as welcome news to Bank of Canada in fight against inflationCanada's economy didn't expand at all in the last three

months of 2022, and actually shrank in December. But that slowdown could come as welcome news to the Bank of Canada, which has been trying to rein in inflation.

Business Economy down the toilet, I am looking for a job in the only industry that is growing Gov.

Business Every time in history that Canada has raised the central rate to combat inflation has been followed by recession.

Business is that a surprise?

Business Better copy that story. You’ll be pasting it for the next 30 years according to OECD. You know, if you are still around to paste anything.

Business Defund the CBC

If there's zero growth and a 10% inflation, doesn't that imply a decline? Even if sales go up by 10% due to inflation, it doesn't count as growth if there's no increase beyond that.

Homeostasis seems healthy. Is perpetual growth even desirable? Or is stability without growth desirable. If Earth's natural systems are a pie, do corporations and countries constantly need a bigger piece? Are there planetary boundaries that greed exceeds?

Next-level gaslighting. Economic contraction is actually good (“Signs of economic slowdown may come as welcome news”). Out of touch cbcnews

The thing about playing with numbers is eventually you get exposed

what do you expect from trudope and his diversified cabinet crap our once great country has been ruined by them

Freezeland doing a great job!!! Time to resign. join her friends in WEF.

Aww, great

My business in Dec and Jan was definitely not great. Jan is expected, but not Dec.

We’re gonna need a new tax to fix this

for her free up . .please help her just need your help she has two children ..and one children is sick 😷 please i can contact meet you and her if you don't believe me

Hi Joanna sorry for bothering you ..my friend Rebecca she is from Canada . She is nurse . She arrested in Dublin before ten days . Ticket and documents need 800 we collected 600 but we didn't find 200 dolar

They better raise inflation some more just to be sure!

Freeland is great. Justin is great Canada definitely not broken

That’s your fault CBC Fake News for scaring everyone into lockdowns and fucking up the economy.

Well at least CBC/liberal employees got raises and bonuses, and that’s all that matters ..

Hmmm but Trudeau said the Canadian economy was back in the up...

how does that makes sense given the jobs report

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Instant reaction: What the Street is saying after Canada’s surprisingly weak GDP reportThe Canadian economy recorded no growth in the final three months of 2022, massively underperforming expectations Canada is in trouble on many fronts. Healthcare is collapsing, many people cannot afford housing, the population is polarized & toxic, the country can’t defend itself and is behind in its NATO obligations. I won’t even mention the national debt. It is only surprising to anyone who has not been paying attention.
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Canadian economy remained flat in fourth-quarter, contracted in DecemberStatistics Canada says real GDP was unchanged in the last three months of 2022, despite higher household and government spending as well as a stronger trade position for Canada Unfortunately, wasn't this the intention with the very rapid interest rate increases?
Source: globeandmail - 🏆 5. / 92 Read more »