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Canada's economy reverses months of slow growth with 0.5% boost in April Canada's economy showed signs of rebounding by growing 0.5 per cent in April, reversing months of slow and negative economic growth. Real gross domestic product is up half a percentage point largely because of growth in the mining, quarrying and oil and gas extraction sectors, Statistics Canada said in its latest report, released Tuesday. "The mining, quarrying and oil and gas extraction sector rose 2.9 per cent in April, the largest monthly growth rate since February 2024 (+3.2 per cent), more than offsetting March's 1.4 per cent contraction," the agency said in the report. The report comes amid concerns about the state of Canada's economy, as Statistics Canada previously reported that GDP contracted in the first quarter of 2026 and the last quarter of 2025, prompting fears of a "technical recession."The effect of U.S. tariffs on Canadian goods has also been a source of economic anxiety, particularly as the Canada-U.S.-Mexico Agreement review deadline approaches on Wednesday. Statistics Canada reported that oil and gas extraction rose 3.7 per cent in April — the largest monthly increase since February 2024. Oil sands extraction led the way. … The agency's early estimates have growth moderating but continuing with an increase of 0.1 per cent in May thanks to growth in finance, insurance, real estate and leasing. Manufacturing, public sector also growing Industries outside of natural resources also expanded, including the manufacturing sector (0.6 per cent) and the public sector (0.4 per cent). The report said federal government public administration grew for the first time in four months, while defence services grew for the seventh consecutive month. Fourteen of 20 industrial sectors grew in April, according to the report…. Cautious optimism Analysts say the number marks a break from the economy's previous slow growth. "It’s a significant bounce back after a number of softer months," Nathan Janzen, assistant chief economist at RBC, said in an interview. "We had economic activity stall over the winter… so to see stronger activity in April to start off Q2 is encouraging." … https://www.cbc.ca/news/business/april-gdp-numbers-canada-9.7253694
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That's right in Galileo's case the consensus against him was strictly political and religious - like your's, it was based on the inability to admit it was wrong.
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SCOTUS: Birthright EO struck down
John Johnston replied to gatomontes99's topic in Federal Politics in the United States
Wait until Talarica wins in November. 🥳 -
Carney says MPs are "just useful for votes"
eyeball replied to CdnFox's topic in Federal Politics in Canada
Compared to you? LMAO! -
And you're wrong. And you're right. I have.
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Earth's climate has always been dynamic and changing. And it operates independently of any single variable. We are coming out of The Little Ice Age, we are supposed to warm up. History has always shown that warmth delivers prosperity. Cold spells always bring hardship. The Holocene Era was a rollercoaster, but both the Roman Warming Period and the Medieval Warm Period were marked by booming agriculture and expanding empires. And that is the paradox not addressed by the climate fanatics - Why are ancient warm periods celebrated as golden eras, but today's mild shifts are framed as catastrophic? Instead of destroying our economic engines, isn't there a better way of managing earth's changing temperatures and adapting using our incredible technological capabilities?
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Meme/Cartoon of the Day
Reg Volk replied to WestCanMan's topic in Federal Politics in the United States
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Sure, I can see millions of trees dying of drought in the rain forest I live in where there have never been droughts of this scale since before the last ice age. I can see thousands of whales have disappeared because the whale's food can't adapt to a lack of sea ice due to a warming ocean. I can drive boats thru areas that are now barren of kelp forests due to a more acidic warmer ocean - made worse for the same reason, by the disappearance of sea stars up and down the coast that are vital to the health and structural integrity of kelp forests. I can also hear what local scientists I know are saying about why and the consensus is AGW. Maybe you don't have scientists in the biogeoclimatic zone you live in or your're to young to appreciate the changes to it. Maybe you live in a city and don't get out much. There's probably a scientific reason. Perhaps the field of agnotology can provide it.
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My question would be did the harper government use tax payers money to sell off thesed affordable rental units, was anyone bailed out.... If it is not a bail out what is it....using taxpayers money to purchase condos at inflated prices then turn them into affordable housing....is a bail out for contractors and bankers bad decisions, how is any of this a good idea... Ya right, give us a quote for thoise prices because they don't match anything in NB, where housing has gone up well over 100 % in most areas... Just another example of liberals helping out liberals... https://www.pressreader.com/canada/times-transcript/20250410/281599541329542
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SCOTUS: Birthright EO struck down
Nationalist replied to gatomontes99's topic in Federal Politics in the United States
No they're not. If anyone is unpopular nation-wide, its you California Tweenkies. -
Not sure where your getting your numbers from but they seem really high....and this is not a global crises there are many countries with less resources than we have that have little to none homeless problems... https://worldpopulationreview.com/country-rankings/countries-with-no-homeless And do i blame this on the Liberals, as there numbers have only grown while the liberals have been in charge...yes i do they seem to have brushed it aside in favor of other projects like high speed trains, other social programs that we don't really need....which in my opinion sends the message we don't really care when they become a problem we will swoop down and clear them out.....there are lots of private charities that are doing more than the government building tiny homes and communities with built in support programs and people there to help those struggling... none of them are building high speed trains, or paying out contractors and bankers for bad investments....
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Whats wrong with "landlords"? Who buys real estate to lose money? I feel like you're just whining and you don't have a point to make. The Feds are just giving taxpayer money away to developers right now, they're not merely "allowing capitalism to occur 😱". Still, unaffordability increased by more under Trudeau. That's a far more important metric. Yeah. Sorry, not sorry. OMFG, dummy. Canada was a top 5 place in the world to live and visit under Harper. What are we now, 35th? 2014 was the peak of our civilization here. That's some powerful glue that you're sniffing there. You could attach Jupiter to the Sun with that shiznit.
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'Alberta' doesn't have the desire to separate, it's a small percentage (~27%) of mainly rural idi0ts in that province do. Why.... because Canada keeps electing the liberal party as our federal government where Alberta is made up heavily of conservative supporters, though that's lessening. This will go nowhere....except for seeing the Premier of the province losing her role when the time comes.
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Meme/Cartoon of the Day
Reg Volk replied to WestCanMan's topic in Federal Politics in the United States
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No, I mean he sold affordable rental housing units to landlords and developers so they could profit. Also hard to escape the fact that the average housing cost increased more during Harper's term than it did in Trudeau's. Facts are facts... Harper was by and large a failure, and the little mouthpiece who is party leader today is an utter embarrassment and proven failure.
