kairos Posted February 25, 2013 Report Share Posted February 25, 2013 (edited) Well now that we've sold much our resources off to the rest of the world. Canada is now ready to join Mexico in terms of economic might and prospects for its citizens. http://www.theglobeandmail.com/report-on-business/economy/economy-lab/gdp-numbers-expected-to-paint-gloomy-picture-of-a-slowing-economy/article9010846/ Edited February 25, 2013 by kairos Quote Link to comment Share on other sites More sharing options...
Peanutbutter Posted February 25, 2013 Report Share Posted February 25, 2013 Canada is looking strong as ever as this article shows. Quote Link to comment Share on other sites More sharing options...
shortlived Posted February 25, 2013 Report Share Posted February 25, 2013 (edited) I like mexico except being robbed there. It would be nice to compare the growth figures with inflation and see if the infaltionary rate for the period was 1% or higher. If inflation was about 1.5% relative growth was only like 0.5% on the year. If the US dollar value goes up higher than the canadian dollar canadian assets will also depreciate in terms of GDP, meaning it will go down further, this assuming a us dollar gain on the canadian dollar.......... that 0.5% gdp growth will float away on exchange rate alone. Edited February 25, 2013 by shortlived Quote Link to comment Share on other sites More sharing options...
Newfoundlander Posted February 25, 2013 Report Share Posted February 25, 2013 Well now that we've sold much our resources off to the rest of the world. Canada is now ready to join Mexico in terms of economic might and prospects for its citizens. http://www.theglobeandmail.com/report-on-business/economy/economy-lab/gdp-numbers-expected-to-paint-gloomy-picture-of-a-slowing-economy/article9010846/ Are you going to explain your point because you don't give any evidence of how the economy is going downhill? Quote Link to comment Share on other sites More sharing options...
Fletch 27 Posted February 25, 2013 Report Share Posted February 25, 2013 Seems that Canada is in a even better position.... I dont understand this posters position... Quote Link to comment Share on other sites More sharing options...
Michael Hardner Posted February 25, 2013 Report Share Posted February 25, 2013 It will likely mean slower employment growth, a weaker Canadian dollar and a relative shift in economic momentum from Western Canada to Quebec and Ontario. Canada and the U.S. are also swapping roles. After outperforming the U.S. for most of the past five years, Canada is now growing slower From the article - it discusses a slowing economy for Canada. Quote Link to comment Share on other sites More sharing options...
Fletch 27 Posted February 25, 2013 Report Share Posted February 25, 2013 Its rather expected when a country the Size of the US has goon through the wringer withsuch a population that they will again outpace Canada in growth... From the severe dumper they were in,, only one place to gow.... UP.. And a weak Canadian dollar is what we NEED! I HOPE that we will see a realistic Canadian dollar in the high 70 or low 80 cent range.. Will assit everyone and ESPECIALLY Ontario.... Quote Link to comment Share on other sites More sharing options...
Canuckistani Posted February 25, 2013 Report Share Posted February 25, 2013 Its rather expected when a country the Size of the US has goon through the wringer withsuch a population that they will again outpace Canada in growth... From the severe dumper they were in,, only one place to gow.... UP.. What does size have to do with growth? Growth is a relative term, as used here. But you're right, the US really has nowhere to go but up - we hope. Still, Harper got the credit, he's got to take the blame. Somebody started a post here recently crowing about employment numbers and how Harper made it happen. As I predicted, they did not crowt about the recent employment numbers that were much worse than expected. Quote Link to comment Share on other sites More sharing options...
Peanutbutter Posted February 25, 2013 Report Share Posted February 25, 2013 Pm Harper is a smart man, he's an economist!, and I'm sure he will figure out a way to further Canada's interests and bolster our economy even further. He's done incredibly well so far and I can only see him continuing his course of steady growth. Quote Link to comment Share on other sites More sharing options...
Canuckistani Posted February 25, 2013 Report Share Posted February 25, 2013 Pm Harper is an economist!, Quote Link to comment Share on other sites More sharing options...
Topaz Posted February 25, 2013 Report Share Posted February 25, 2013 Do you know what is happening in Alberta because of the growth out there? I was listening to a talk radio show this AM, and this woman said her and hubby lived in Alberta until it was time to retire and they decide to come to SW Ontario because the cost of living is cheaper. I thought, this is different, with most of the jobs out West. The Cons, have helped more with the economy and the jobs out west then anywhere, but I wonder what would the Tories do, if they didn't have the natural resources? Quote Link to comment Share on other sites More sharing options...
cybercoma Posted February 25, 2013 Report Share Posted February 25, 2013 Pm Harper is a smart man, he's an economist!, and I'm sure he will figure out a way to further Canada's interests and bolster our economy even further. He's done incredibly well so far and I can only see him continuing his course of steady growth.Would you say he's almost a "father-like"? Quote Link to comment Share on other sites More sharing options...
Peanutbutter Posted February 25, 2013 Report Share Posted February 25, 2013 Would you say he's almost a "father-like"? No I wouldn't. Would u? Quote Link to comment Share on other sites More sharing options...
Fletch 27 Posted February 25, 2013 Report Share Posted February 25, 2013 He's more of a statesman..... Quote Link to comment Share on other sites More sharing options...
shortlived Posted February 25, 2013 Report Share Posted February 25, 2013 (edited) Would you say he's almost a "father-like"? He elicits the idea that he is on a Xanax prescription in me. Edited February 25, 2013 by shortlived Quote Link to comment Share on other sites More sharing options...
CPCFTW Posted February 25, 2013 Report Share Posted February 25, 2013 Ooooh "expected to paint a gloomy picture". That's scary considering economists expectations are always right... oh wait. Also keep in mind that this is a report for the last month of a quarter in which the "fiscal cliff" was looming. People/companies weren't exactly lining up to invest in growth opportunities at that time. The S&P was at 1420 at the end of December and is now around 1500. That's 5% growth in 2 months. Wait until the end of May for the corresponding "GDP numbers expected to paint rosy picture of an expanding economy" article. Quote Link to comment Share on other sites More sharing options...
shortlived Posted February 25, 2013 Report Share Posted February 25, 2013 (edited) Ooooh "expected to paint a gloomy picture". That's scary considering economists expectations are always right... oh wait. Also keep in mind that this is a report for the last month of a quarter in which the "fiscal cliff" was looming. People/companies weren't exactly lining up to invest in growth opportunities at that time. The S&P was at 1420 at the end of December and is now around 1500. That's 5% growth in 2 months. Wait until the end of May for the corresponding "GDP numbers expected to paint rosy picture of an expanding economy" article. Ooooh "expected to paint a gloomy picture". That's scary considering economists expectations are always right... oh wait. Also keep in mind that this is a report for the last month of a quarter in which the "fiscal cliff" was looming. People/companies weren't exactly lining up to invest in growth opportunities at that time. The S&P was at 1420 at the end of December and is now around 1500. That's 5% growth in 2 months. Wait until the end of May for the corresponding "GDP numbers expected to paint rosy picture of an expanding economy" article. The fiscal crag is looming again... it is pretty clear they have been squeezing away the calamity http://philadelphia.cbslocal.com/2013/02/25/automatic-us-budget-cuts-could-force-some-philly-tourist-spots-to-shut-down/ Its not like its New Years eve.. but we are on another 4 day countdown... This is only 85 billion though... not a trillion... I could do 85 billion no problem, oh wait I did. as if NK would launch... Edited February 26, 2013 by shortlived Quote Link to comment Share on other sites More sharing options...
CPCFTW Posted February 25, 2013 Report Share Posted February 25, 2013 (edited) The fiscal crag is looming again... It is but for most of 1Q 2013 there was fairly unabated exuberance. Furthermore, the economic impact of any "fiscal cliff" decisions/indecisions cannot be blamed on Harper. He has been very vocal about broadening Canada's ties to non-US economies and has worked on various free trade agreements to that effect. Edited February 26, 2013 by CPCFTW Quote Link to comment Share on other sites More sharing options...
shortlived Posted February 26, 2013 Report Share Posted February 26, 2013 (edited) It is but for most of 1Q 2013 there was fairly unabated exuberance. Furthermore, the economic impact of any "fiscal cliff" decisions/indecisions cannot be blamed on Harper. He has been very vocal about broadening Canada's ties to non-US economies and has worked on various free trade agreements to that effect. What changed? Apparently unemployment claims have gone up.. Edited February 26, 2013 by shortlived Quote Link to comment Share on other sites More sharing options...
PIK Posted February 26, 2013 Report Share Posted February 26, 2013 The goverment can only do so much, especially with the failure of obama in the states. Quote Link to comment Share on other sites More sharing options...
bush_cheney2004 Posted February 26, 2013 Report Share Posted February 26, 2013 The goverment can only do so much, especially with the failure of obama in the states. President Obama cannot rescue Canada from itself. He did not invent 'Dutch disease'. Quote Link to comment Share on other sites More sharing options...
eyeball Posted February 26, 2013 Report Share Posted February 26, 2013 No I wouldn't. Would u? You just can't catch a break can you? Is it enough to make you cry? Quote Link to comment Share on other sites More sharing options...
GostHacked Posted February 26, 2013 Report Share Posted February 26, 2013 President Obama cannot rescue Canada from itself. He did not invent 'Dutch disease'.Well it's not like Obama built anything. Quote Link to comment Share on other sites More sharing options...
scribblet Posted February 26, 2013 Report Share Posted February 26, 2013 Would you say he's almost a "father-like"? I wouldn't say that. In fact I agree he is more of a Stateman and has done very well for Canada, better than most other countries have been doing. Quote Link to comment Share on other sites More sharing options...
Newfoundlander Posted February 26, 2013 Report Share Posted February 26, 2013 The goverment can only do so much, especially with the failure of obama in the states. And the lefty socialists in Europe. Quote Link to comment Share on other sites More sharing options...
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