BeaverFever Posted May 16 Report Posted May 16 Some bright spots in the economy to cut through the doomsayers hype And yes we still have a trade surplus with the US Canada Factory Sales Climb 3% in March to Highest Level in More Than a Year Manufacturing shipments increased 3% from the month before to a seasonally adjusted C$73.57 billion, the highest level since the start of 2025 “OTTAWA—Canadian manufacturing activity continued to rebound in March, with a spike in energy prices driving factory sales to their highest level in more than a year. Manufacturing shipments increased 3% from the month before to a seasonally adjusted 73.57 billion Canadian dollars, the equivalent of about US$53.67 billion, Statistics Canada said Friday. That marked the highest level since the start of 2025, before manufacturers were hit with uncertainty and softer demand in the wake of the Trump administration’s tariffs.” … “There are signs Canada’s economy has again found its footing, albeit with growth expected to remain constrained by concerns over U.S. trade policy and tariffs and as businesses and households contend with the jump in energy costs due to the war in Iran. The Bank of Canada projects the economy expanded about 1.5% in annualized terms in the first quarter, and estimates it will match that pace in the second quarter, following a modest contraction in the final three months of 2025.” … “Sales of transportation equipment rose 6% to about C$11.4 billion in March. That was buoyed by a second month of strong motor-vehicle activity as auto production increased following the completion of retooling at a major auto manufacturer and the addition of a new production shift in another motor-vehicle assembly plant. Exports of motor vehicles and parts increased 5.4% in March, though even with that gain, sales of motor vehicles on a quarterly basis were down 13.6%. Canadian production of aerospace products and parts hit its highest level on record, rising 5.2% from a month earlier, as the industry continues to benefit from strong global demand for commercial and business aircraft, aircraft parts and maintenance services. Inventory levels held by factories increased 1.3% in March and were up 3.2% on the same month last year, the agency said. New orders jumped 4.7% for the month, and unfilled orders—the stock of orders that will contribute to future sales if they aren’t canceled—increased 2.4%.” Excerpt From “Canada Factory Sales Climb 3% in March to Highest Level in More Than a Year” Robb M. Stewart The Wall Street Journal https://apple.news/A7NLGmRpXSweXkhXeAJL_qg This material may be protected by copyright. Canada posts merchandise trade surplus for March, first since September 2025 “Canada posted its first merchandise trade surplus since September as increased shipments of gold and higher oil prices drove exports to their highest level in more than a year. Statistics Canada said Tuesday the country posted a merchandise trade surplus of $1.8 billion in March compared with a deficit of $5.1 billion in February. … “Excluding metal and non-metallic mineral products and of energy products, exports rose 1.1 per cent in March. Meanwhile, total imports fell 1.6 per cent to $71.0 billion in March as imports of consumer goods fell 3.9 per cent to $13.3 billion. Imports of aircraft and other transportation equipment and parts also dropped 12.8 per cent in March after rising 13 per cent in February. In volume terms, total exports edged down 0.3 per cent, while import volumes fell 2.0 per cent. Regionally, Canada's trade surplus with the United States increased to $7.1 billion March compared with $2.9 billion in February as exports of oil and passenger cars and light trucks rose. Excerpt From “Canada posts merchandise trade surplus for March, first since September 2025” The Canadian Press https://apple.news/AU90EoeU6SOOb4XWMDqarCw This material may be protected by copyright. Airbus wins $19bn order in Canada’s biggest ever aircraft deal AirAsia orders 150 A220-300 airliners in big boost for Canadian manufacturing Airbus has won an order for 150 new A220-300 aircraft in a “$19bn deal” with budget carrier Air Asia, that is a major boost for the planemaker’s Canadian manufacturing base. “This is a $19bn deal which can grow to $38bn,” said Tony Fernandes, the founder and CEO of AirAsia, a Malaysian low-cost airline based near Kuala Lumpur. Under the terms of the deal AirAsia will buy 150 A220-300 jets, which seat up to 160 passengers. Fernandes added that if Airbus were to decide to launch a larger or stretch version of the A220, the A220-500, which has 185 seats, he would buy another 150 jets. … Under the terms of the deal AirAsia will buy 150 A220-300 jets, which seat up to 160 passengers. Fernandes added that if Airbus were to decide to launch a larger or stretch version of the A220, the A220-500, which has 185 seats, he would buy another 150 jets. “That’s the aircraft we really want,” he said at the announcement at Airbus’s facility in Mirabel, Quebec, where the A220-300 planes are assembled. “If they build that aircraft, AirAsia will buy another 150 of these aircraft as well.” Canadian Prime Minister Mark Carney said the deal, which is Canada’s biggest ever commercial aircraft order, shows Ottawa’s efforts to generate new global trade deals in an attempt to reduce its reliance on the US are paying off. “You are choosing the best at exactly the right time,” Carney told Fernandes. “I generally don’t like bankers but (Carney) he’s the first banker I like, especially from Goldman Sachs,” Fernandes joked, after praising the Canadian leader’s speech at Davos calling for an alliance of middle powers. “This deal brings two great middle powers together, ASEAN (Asia’s regional trade bloc) and Canada,” he added. https://www.ft.com/content/19c4dab7-0141-4c40-9d2f-180ff33cdd63?syn-25a6b1a6=1 Canadian manufacturing just saw largest monthly growth in 3 years: StatCan Canada’s economy managed slight growth after it shrunk in the last quarter of 2025, with February seeing a 0.2 per cent increase in GDP and a modest increase of 0.1 per cent in January, Statistics Canada said. Based on current estimates, Statistics Canada is projecting that Canada’s annualized GDP growth for the first quarter of 2026 will be 1.7 per cent. The Bank of Canada projects the economy will expand 1.2 per cent in 2026, 1.6 per cent in 2027, and 1.7 per cent in 2028, “as growth in exports and business investment gradually resumes.” The official final estimate for quarterly GDP growth will be released next month. Canada’s tariff-hit manufacturing sector led the growth in February, rising by 1.8 per cent. This was the largest growth for the sector since January 2023 and was driven by a 3.6 per cent increase in durable-goods manufacturing. https://globalnews.ca/news/11823847/canada-economy-manufacturing-data-statistics-canada/ IMF sees Canada's fiscal position as strongest in G7 'Sometimes I find Canadians don’t actually realize how good they have it,' said IMF’s Western Hemisphere Department head The International Monetary Fund lauded Canada’s fiscal position relative to its peers as Prime Minister Mark Carneyprepares to give an update on his government’s finances. “Across the Group of Seven, Canada’s probably in the strongest position fiscally,” Nigel Chalk, director of the IMF’s Western Hemisphere Department, said in an interview in Washington. https://financialpost.com/news/economy/imf-sees-canadas-finances-strongest-in-g7 Market Outlook: Canada foreign direct investment hits highest since 2007 Key Takeaways Foreign direct investment into Canada reached $96.8 billion in 2025, the highest annual inflow since 2007. Mergers and acquisitions were the main driver of inflows, with activity concentrated in trade, transportation and financial management sectors. U.S. investment remained the largest contributor, while the United Kingdom emerged as the largest non-U.S. investor. Many U.K. transactions involved acquisitions of Canadian software firms, highlighting growing foreign interest in the country’s tech sector. Canadian direct investment abroad slowed sharply in 2025, particularly into the United States, as trade uncertainty weighed on long-term capital decisions. https://www.bnnbloomberg.ca/investing/market-outlook/2026/03/12/market-outlook-canada-foreign-direct-investment-hits-highest-since-2007/ 1 Quote
BeaverFever Posted May 16 Author Report Posted May 16 Canada has become most attractive market for infrastructure investors, global survey finds Canada tops the list of the most attractive countries for investing in infrastructure for the first time in a survey of major global investors, suggesting Ottawa’s push to boost the country’s profile is attracting attention. Canada ranks ahead of the United States, Mexico, Germany and several European and Nordic countries in the latest semi-annual survey by the Global Infrastructure Investor Association (GIIA). The country’s outlook “improved materially,” according to the survey results, signalling that investors are responding well to the federal government’s plan to launch major projects that can improve Canada’s economic growth and productivity over time. The U.S. slipped to third place in the ranking, behind second-place Germany, thanks to rising concerns over its war in Iran, an uptick in inflation in March and uncertainty over the outcome of midterm elections later this year. …https://www.theglobeandmail.com/business/article-canada-top-market-global-infrastructure-investment/ 3 1 Quote
paxamericana Posted May 16 Report Posted May 16 (edited) You lack the working age demographic to realize Canada’s potential. You all past the age of useful productivity mmkay. You need an infusion of capital and workers from America to make meaningful use of Canada’s resources. And the most important part, market access to the largest market. America. Edited May 16 by paxamericana Quote
I am Groot Posted May 16 Report Posted May 16 What is this propaganda bullshit? GDP growth of 1.2% this year and we're supposed to cheer this? The US predicted rate is 2.4% And please explain this statement to me. How exactly does an increase in energy prices raise factory sales, given that energy is one of the major input costs at factories? with a spike in energy prices driving factory sales 1 Quote "A civilization is not destroyed by wicked men; it is destroyed by weak men who cannot defend what is good.” — G. K. Chesterton
herbie Posted May 16 Report Posted May 16 So do inform us how a spike in energy prices makes factory sales increase. Account for the first 3 months when the energy prices actually dropped. Same logic used by blaming Carney for rising gas prices? That the 27c/L in tax he cut made it skyrocket? More likely you latent negativity maes you deny anything positive/ 2 Quote
CdnFox Posted May 16 Report Posted May 16 15 hours ago, BeaverFever said: Some bright spots in the economy to cut through the doomsayers hype And yes we still have a trade surplus with the US Canada Factory Sales Climb 3% in March to Highest Level in More Than a Year Manufacturing shipments increased 3% from the month before to a seasonally adjusted C$73.57 billion, the highest level since the start of 2025 “OTTAWA—Canadian manufacturing activity continued to rebound in March, with a spike in energy prices driving factory sales to their highest level in more than a year. Manufacturing shipments increased 3% from the month before to a seasonally adjusted 73.57 billion Canadian dollars, the equivalent of about US$53.67 billion, Statistics Canada said Friday. That marked the highest level since the start of 2025, before manufacturers were hit with uncertainty and softer demand in the wake of the Trump administration’s tariffs.” … “There are signs Canada’s economy has again found its footing, albeit with growth expected to remain constrained by concerns over U.S. trade policy and tariffs and as businesses and households contend with the jump in energy costs due to the war in Iran. The Bank of Canada projects the economy expanded about 1.5% in annualized terms in the first quarter, and estimates it will match that pace in the second quarter, following a modest contraction in the final three months of 2025.” … “Sales of transportation equipment rose 6% to about C$11.4 billion in March. That was buoyed by a second month of strong motor-vehicle activity as auto production increased following the completion of retooling at a major auto manufacturer and the addition of a new production shift in another motor-vehicle assembly plant. Exports of motor vehicles and parts increased 5.4% in March, though even with that gain, sales of motor vehicles on a quarterly basis were down 13.6%. Canadian production of aerospace products and parts hit its highest level on record, rising 5.2% from a month earlier, as the industry continues to benefit from strong global demand for commercial and business aircraft, aircraft parts and maintenance services. Inventory levels held by factories increased 1.3% in March and were up 3.2% on the same month last year, the agency said. New orders jumped 4.7% for the month, and unfilled orders—the stock of orders that will contribute to future sales if they aren’t canceled—increased 2.4%.” Excerpt From “Canada Factory Sales Climb 3% in March to Highest Level in More Than a Year” Robb M. Stewart The Wall Street Journal https://apple.news/A7NLGmRpXSweXkhXeAJL_qg This material may be protected by copyright. Canada posts merchandise trade surplus for March, first since September 2025 “Canada posted its first merchandise trade surplus since September as increased shipments of gold and higher oil prices drove exports to their highest level in more than a year. Statistics Canada said Tuesday the country posted a merchandise trade surplus of $1.8 billion in March compared with a deficit of $5.1 billion in February. … “Excluding metal and non-metallic mineral products and of energy products, exports rose 1.1 per cent in March. Meanwhile, total imports fell 1.6 per cent to $71.0 billion in March as imports of consumer goods fell 3.9 per cent to $13.3 billion. Imports of aircraft and other transportation equipment and parts also dropped 12.8 per cent in March after rising 13 per cent in February. In volume terms, total exports edged down 0.3 per cent, while import volumes fell 2.0 per cent. Regionally, Canada's trade surplus with the United States increased to $7.1 billion March compared with $2.9 billion in February as exports of oil and passenger cars and light trucks rose. Excerpt From “Canada posts merchandise trade surplus for March, first since September 2025” The Canadian Press https://apple.news/AU90EoeU6SOOb4XWMDqarCw This material may be protected by copyright. Airbus wins $19bn order in Canada’s biggest ever aircraft deal AirAsia orders 150 A220-300 airliners in big boost for Canadian manufacturing Airbus has won an order for 150 new A220-300 aircraft in a “$19bn deal” with budget carrier Air Asia, that is a major boost for the planemaker’s Canadian manufacturing base. “This is a $19bn deal which can grow to $38bn,” said Tony Fernandes, the founder and CEO of AirAsia, a Malaysian low-cost airline based near Kuala Lumpur. Under the terms of the deal AirAsia will buy 150 A220-300 jets, which seat up to 160 passengers. Fernandes added that if Airbus were to decide to launch a larger or stretch version of the A220, the A220-500, which has 185 seats, he would buy another 150 jets. … Under the terms of the deal AirAsia will buy 150 A220-300 jets, which seat up to 160 passengers. Fernandes added that if Airbus were to decide to launch a larger or stretch version of the A220, the A220-500, which has 185 seats, he would buy another 150 jets. “That’s the aircraft we really want,” he said at the announcement at Airbus’s facility in Mirabel, Quebec, where the A220-300 planes are assembled. “If they build that aircraft, AirAsia will buy another 150 of these aircraft as well.” Canadian Prime Minister Mark Carney said the deal, which is Canada’s biggest ever commercial aircraft order, shows Ottawa’s efforts to generate new global trade deals in an attempt to reduce its reliance on the US are paying off. “You are choosing the best at exactly the right time,” Carney told Fernandes. “I generally don’t like bankers but (Carney) he’s the first banker I like, especially from Goldman Sachs,” Fernandes joked, after praising the Canadian leader’s speech at Davos calling for an alliance of middle powers. “This deal brings two great middle powers together, ASEAN (Asia’s regional trade bloc) and Canada,” he added. https://www.ft.com/content/19c4dab7-0141-4c40-9d2f-180ff33cdd63?syn-25a6b1a6=1 Canadian manufacturing just saw largest monthly growth in 3 years: StatCan Canada’s economy managed slight growth after it shrunk in the last quarter of 2025, with February seeing a 0.2 per cent increase in GDP and a modest increase of 0.1 per cent in January, Statistics Canada said. Based on current estimates, Statistics Canada is projecting that Canada’s annualized GDP growth for the first quarter of 2026 will be 1.7 per cent. The Bank of Canada projects the economy will expand 1.2 per cent in 2026, 1.6 per cent in 2027, and 1.7 per cent in 2028, “as growth in exports and business investment gradually resumes.” The official final estimate for quarterly GDP growth will be released next month. Canada’s tariff-hit manufacturing sector led the growth in February, rising by 1.8 per cent. This was the largest growth for the sector since January 2023 and was driven by a 3.6 per cent increase in durable-goods manufacturing. https://globalnews.ca/news/11823847/canada-economy-manufacturing-data-statistics-canada/ IMF sees Canada's fiscal position as strongest in G7 'Sometimes I find Canadians don’t actually realize how good they have it,' said IMF’s Western Hemisphere Department head The International Monetary Fund lauded Canada’s fiscal position relative to its peers as Prime Minister Mark Carneyprepares to give an update on his government’s finances. “Across the Group of Seven, Canada’s probably in the strongest position fiscally,” Nigel Chalk, director of the IMF’s Western Hemisphere Department, said in an interview in Washington. https://financialpost.com/news/economy/imf-sees-canadas-finances-strongest-in-g7 Market Outlook: Canada foreign direct investment hits highest since 2007 Key Takeaways Foreign direct investment into Canada reached $96.8 billion in 2025, the highest annual inflow since 2007. Mergers and acquisitions were the main driver of inflows, with activity concentrated in trade, transportation and financial management sectors. U.S. investment remained the largest contributor, while the United Kingdom emerged as the largest non-U.S. investor. Many U.K. transactions involved acquisitions of Canadian software firms, highlighting growing foreign interest in the country’s tech sector. Canadian direct investment abroad slowed sharply in 2025, particularly into the United States, as trade uncertainty weighed on long-term capital decisions. https://www.bnnbloomberg.ca/investing/market-outlook/2026/03/12/market-outlook-canada-foreign-direct-investment-hits-highest-since-2007/ Our surplus was entirely based on gold. That does nothing for our economy. If you take the gold out we are still massively losing ground And here's the bottom line that we just can't get away from The Bank of Canada projects the economy will expand 1.2 per cent in 2026, 1.6 per cent in 2027, and 1.7 per cent in 2028, That's death. That does not keep up with inflation. THat is LOSING ground. We need to be at about 3 percent. That's not even 'great', that's just normal. You're trying to pretend this is good news. If you go from 100 to 1, then climb back up to 2, you can claim 100 percent growth. But you're still doing badly. Our unemployment is at record highs and by your own article's estimates we're going to badly underperform for the next 3 years. 1 1 Quote "That which doesn't kill me... Had better start running."
WestCanMan Posted May 16 Report Posted May 16 (edited) 28 minutes ago, CdnFox said: Our surplus was entirely based on gold. That does nothing for our economy. If you take the gold out we are still massively losing ground And here's the bottom line that we just can't get away from The Bank of Canada projects the economy will expand 1.2 per cent in 2026, 1.6 per cent in 2027, and 1.7 per cent in 2028, That's death. That does not keep up with inflation. THat is LOSING ground. We need to be at about 3 percent. That's not even 'great', that's just normal. You're trying to pretend this is good news. If you go from 100 to 1, then climb back up to 2, you can claim 100 percent growth. But you're still doing badly. Our unemployment is at record highs and by your own article's estimates we're going to badly underperform for the next 3 years. 👍 Our country has been backsliding and downgrading for 11 years straight, we lost a trillion in investment here, but some parts of the suck have shown a slight, temporary reversal lol. Edited May 16 by WestCanMan 1 1 Quote If the Cultist Narrative Network/Cultist Broadcasting Corporation gave an infinite number of monkeys an infinite number of typewriters, leftists would believe everything they typed. "I don't hate American's, I pointed out the literacy rate to Uncle Sam." - LinkSoul "It's just a parable about rocks and trees talking to muslims to help them kill Jews who are trying to hide. It's open to interpretation." - robobigot
paxamericana Posted May 17 Report Posted May 17 5 hours ago, CdnFox said: That's death. That does not keep up with inflation. THat is LOSING ground. We need to be at about 3 percent. That's not even 'great', that's just normal. 5 hours ago, CdnFox said: Our unemployment is at record highs and by your own article's estimates we're going to badly underperform for the next 3 51st is what those stats are telling you. Quote
CdnFox Posted May 17 Report Posted May 17 17 minutes ago, paxamericana said: 51st is what those stats are telling you. hardly, you elected a biden who did the same to your economy once and you will again in time im' sure. 1 Quote "That which doesn't kill me... Had better start running."
BeaverFever Posted May 17 Author Report Posted May 17 22 hours ago, paxamericana said: You lack the working age demographic to realize Canada’s potential. You all past the age of useful productivity mmkay. You need an infusion of capital and workers from America to make meaningful use of Canada’s resources. And the most important part, market access to the largest market. America. Bullshit. America has the exact same age problem PLUS a far less educated population generally mmkay? The article shows we are getting that infusion of capital. And we already have market access to USA not to mention the rest of the world 1 Quote
BeaverFever Posted May 17 Author Report Posted May 17 11 hours ago, I am Groot said: What is this propaganda bullshit? GDP growth of 1.2% this year and we're supposed to cheer this? The US predicted rate is 2.4% Who cares what the US rate is, US is in a league of its own and their growth snall being driven by the AI bubble. Yes 1.2% while under the current economic attack by the most powerful nation on earth that is also triggering a global economic crisis is good. It’s the best in the G7. 11 hours ago, I am Groot said: And please explain this statement to me. How exactly does an increase in energy prices raise factory sales, given that energy is one of the major input costs at factories? with a spike in energy prices driving factory sales That line includes manufactured coal and petroleum products in “factory sales” eg motor oil. However note there was still growth without that factor: ” Sales of transportation equipment rose 6 per cent to $11.4-billion, helped by a 15-per-cent gain in the motor vehicle industry group as auto production picked up in the month. Excluding the petroleum and coal product subsector, total manufacturing sales rose 0.7 per cent in March. In real terms, total manufacturing sales gained one per cent in March.” 1 Quote
BeaverFever Posted May 17 Author Report Posted May 17 7 hours ago, CdnFox said: Our surplus was entirely based on gold. That does nothing for our economy. If you take the gold out we are still massively losing ground Uh no not entirely. Go back and re-read the OP. 7 hours ago, CdnFox said: And here's the bottom line that we just can't get away from The Bank of Canada projects the economy will expand 1.2 per cent in 2026, 1.6 per cent in 2027, and 1.7 per cent in 2028, That's death. That does not keep up with inflation. THat is LOSING ground. We need to be at about 3 percent. That's not even 'great', that's just normal. You're trying to pretend this is good news. If you go from 100 to 1, then climb back up to 2, you can claim 100 percent growth. But you're still doing badly. Our unemployment is at record highs and by your own article's estimates we're going to badly underperform for the next 3 years. We are the fastest growing economy in G7 aside from US and unlike the US our economy is growing faster than inflation. Our unemployment is NOT at record highs it is lower than it was when Harper left office (and BTW it was at record LOWS under Trudeau prior to COVID, matching the best rate ever achieved under Harper). What are we “underperforming” exactly? If we are doing better than our peer countries then we are not underperforming. 1 hour ago, CdnFox said: hardly, you elected a biden who did the same to your economy once and you will again in time im' sure. Biden didn’t do that to that US economy. There were a couple of little global events called COVID and the supply chain crisis Meanwhile the current global economic crisis is 100% entirely caused by Trump and is pummelling the US economy and yet you can’t seem to assign blame just like you couldn’t assign blame for the massive economic crisis under Bush. It seems every time Republicans control both branches of government there’s a major economic crisis. Funny how you will blame a Democrat for global events that are largely beyond their control simply because “it happened on their watch” while absolving republicans for crises that happened on their watch and that often they directly caused 1 Quote
BeaverFever Posted May 17 Author Report Posted May 17 The Oil Shock Is Causing a $45 Billion Rupture in the Economy A wartime price surge is slamming consumers while boosting investors “The largest oil disruption in history is widening a divide in the economy. Americans have cumulatively spent about $45 billion more on gasoline and diesel during the war with Iran than they did during the same period a year ago, according to an analysis of OPIS pricing data and federal demand figures. The surging costs are eating an outsize share of low- and middle-income consumers’ paychecks, darkening their outlook relative to the well-off.” “At the same time, investors in oil-and-gas companies are watching their portfolios swell. Big energy returns bolstered a blockbuster corporate-earnings season and added momentum to the artificial-intelligence-led rally that has pushed the stock market to records. While higher inflation and borrowing costs have added stress on less-affluent Americans, many economists believe high earners will continue powering the U.S. ahead. ” President Trump campaigned on cutting Americans’ energy costs in half. Now, as higher prices contribute to sagging poll numbers and some of the lowest consumer-sentiment readings on record, he has argued that the oil shock is benefiting the energy-rich U.S. in the form of record exports. ““The question is, of course, who is the U.S.?” said Isabella Weber, an economics professor at the University of Massachusetts, Amherst. “If we look at the different income groups in the United States, it’s really the richest of the rich who benefit from this. The majority of people hardly have any benefit from it and are in fact carrying a much larger cost burden.” ” Excerpt From “The Oil Shock Is Causing a $45 Billion Rupture in the Economy” David Uberti The Wall Street Journal https://apple.news/AvF_BN9dlRq-dX_2mTnHNVQ This material may be protected by copyright. 1 Quote
BeaverFever Posted May 17 Author Report Posted May 17 (edited) 3 minutes ago, BeaverFever said: The surging costs are eating an outsize share of low- and middle-income consumers’ paychecks, darkening their outlook relative to the well-off.” “At the same time, investors in oil-and-gas companies are watching their portfolios swell Ain’t it funny how Big Oil always seems to make ridiculous profits at everyone else’s expense when the Republicans run things? 3 minutes ago, BeaverFever said: If we look at the different income groups in the United States, it’s really the richest of the rich who benefit from this. The majority of people hardly have any benefit from it and are in fact carrying a much larger cost burden.” Ain’t it funny how the super-rich always seem to make ridiculous profits at everyone else’s expense when the Republicans run things? Edited May 17 by BeaverFever 1 Quote
Zeitgeist Posted May 17 Report Posted May 17 On 5/15/2026 at 10:36 PM, paxamericana said: You lack the working age demographic to realize Canada’s potential. You all past the age of useful productivity mmkay. You need an infusion of capital and workers from America to make meaningful use of Canada’s resources. And the most important part, market access to the largest market. America. America is a declining export market due to tariffs and lack of trade rule certainty. The US is no longer seen internationally as a reliable trading partner. Quote
CdnFox Posted May 17 Report Posted May 17 1 hour ago, BeaverFever said: Uh no not entirely. Go back and re-read the OP. Without it we're in the negative. No other industry or grouping can say that Gold took a massive jump due to the world uncertainty and we benefitted as far as trade surplus goes but it's not real, and several liberals have admitted as much on the vassey kapeolos show as well canada trade surplus based on gold prices - Google Search Canada's recent $1.78 billion trade surplus in March was largely driven by surging physical gold export volumes and high global energy prices. Unwrought gold and silver shipments surged by over $3 billion (+37.7%), predominantly to the UK, which heavily offset trade deficits caused by U.S. tariffs. Take away the INCREASE in gold and we're in the hole in every other single industry we have combined. 1 hour ago, BeaverFever said: We are the fastest growing economy in G7 aside from US and unlike the US our economy is growing faster than inflation. Again if you go from 100 to 1 then going to 2 means you can claim it's 100 percent growth. But the fact is we're light years behind them and have the weakest economy. 1 hour ago, BeaverFever said: Our unemployment is NOT at record highs it is lower than it was when Harper left office (and BTW it was at record LOWS under Trudeau prior to COVID, matching the best rate ever achieved under Harper). unemployment rate 2015 - Google Search latest canadian unem - Google Search It's actually the same. And that was with harper finishing recovering from the worst economic downturn in 80 years. And the youth rate is 14.3. The worst it's been in modern history outside of severe recessions The Canadian youth (ages 15 to 24) unemployment rate sits at 14.3% as of the latest Spring 2026 data. This reflects an extraordinary spike since 2022 that reversed a multi-decade gradual decline, reaching levels not seen in non-recessionary periods in modern labour history. [1, 2] youth unempoyment rate history - Google Search So yeah ,it's quite fair to say unemployment is reaching historical highs. 1 hour ago, BeaverFever said: What are we “underperforming” exactly? If we are doing better than our peer countries then we are not underperforming. Gdp per capita, total debt to gdp , competativeniess, investment, housing, wage growth, good news tho we're number one for food inflation. 1 hour ago, BeaverFever said: Biden didn’t do that to that US economy. Yeah he did. Covid didn't drive everyone else up to over 9 percent inflation and he totally screwed the recovery. That's why he was so low in the polls even before his debate. 1 hour ago, BeaverFever said: Funny how you will blame a Democrat for global events that are largely beyond their control But i don't. I DO blame them for how they address it and what the results are. Nobody would have blamed biden for infliation going up, but they DO bame him for inflation shooting through the roof. Nobody would blame biden for there being uncertainty in the job market but they DO blame him for underperforming in the recovery. Etc. And most Americans blamed him as well. He falsified a lot of numbers to make it look like he was doing better than he was but the reality is he was doing bad and the people on the ground could feel it As for us, we're in trouble. Our projected growth is under inflation which will mean if the estimates are true that we will have spent half a decade losing ground. And not just a little ground. And worse, most are expecting a bit of a world wide economic slump coming up. We're already weak. Listen man, it's ok if you want to believe at this point for some god unknown reason that Carney is still the man to fix our problems. But it is NOT ok to close your eyes to the mess we are in. IF you do, then you'll just keep making excuses for the libs the way you did for justin until there is nothing left of Canada. At least own the truth - we are in a hell of a mess and the libs put us there, and if Carney can't ACTUALLY turn that around (no bullshit numbers) then we need to admit that and make other choices. 1 1 Quote "That which doesn't kill me... Had better start running."
paxamericana Posted May 17 Report Posted May 17 (edited) 8 hours ago, Zeitgeist said: America is a declining export market due to tariffs and lack of trade rule certainty. The US is no longer seen internationally as a reliable trading partner. And yet who is the largest consumer market? Edited May 17 by paxamericana Quote
Zeitgeist Posted May 17 Report Posted May 17 (edited) 32 minutes ago, paxamericana said: And yet who is the largest consumer market? Yup, for too long it’s been like living in a one horse town where the one factory owner is the sole employer and can set the terms in his favour for the workers and townsfolk. To some extent it worked having the one big factory and a handful of smaller businesses, but not anymore. Essentially Canada is having to reorganize its trade and economic measures to prevent negative impacts from the big market leader. It’s not easy and the early growth is modest, but over time substitute markets, domestic and foreign, will emerge. What choice do we have? Canadians won’t give up sovereignty and self-determination, nor is it in the world’s interests to see democracies collapse due to the extortionate trade practices of hegemonies. No doubt, having to deal with declines in an export market that is so large and convenient to Canada is costly. The consensus seems to be that the tariff war has been costly to American businesses and consumers. Add the Hormuz oil shock and you see how the US has made some high risk gambles that aren’t paying off, at least in the short term. Interestingly, the consequences will be more buying of EVs, of which Gina is the leading producer, and less purchasing of US goods internationally, because consumers have purchasing choices. Trump doesn’t do well at soft power, but it looks like he may not know how to wield hard power, if the mess in Iran isn’t resolved soon. Edited May 17 by Zeitgeist 1 Quote
paxamericana Posted May 17 Report Posted May 17 (edited) 57 minutes ago, Zeitgeist said: Canadians won’t give up sovereignty and self-determination And what, starve? Is that why food insecurity has become prevalent in Canada? You’re entering third world status. Canada is unsustainable and has already failed, the provinces hate one another. The only reason the confederation has made it this far was because of America’s subsidies. Don’t think we forgotten, Canada was a British ploy to slow down American expansion. Why would we continue to subsidize that project? In a globalized world it may not matter but now that we are re-entering back into history, it’s time Canada get absorbed into North America. And while force is not currently being considered it eventually will by someone else who sees the same bullshit from Canada and has had enough. We are at an inflection point, Canada cannot stop the trend that are set in motion. We much rather you all come willingly. Edited May 17 by paxamericana Quote
I am Groot Posted May 17 Report Posted May 17 11 hours ago, BeaverFever said: Who cares what the US rate is, US is in a league of its own and their growth snall being driven by the AI bubble. Yes 1.2% while under the current economic attack by the most powerful nation on earth that is also triggering a global economic crisis is good. It’s the best in the G7. We're only 'under attack' because the Liberals want us to be under attack, and have continually provoked the US while refusing to even discuss trade deals. 11 hours ago, BeaverFever said: That line includes manufactured coal and petroleum products in “factory sales” eg motor oil. However note there was still growth without that factor So growth being driven by the stuff the Liberals are trying to destroy. How ironic. 1 Quote "A civilization is not destroyed by wicked men; it is destroyed by weak men who cannot defend what is good.” — G. K. Chesterton
Nationalist Posted May 17 Report Posted May 17 @BeaverFever You sure do make long posts. Who are you trying to convince? I think its yourself. Canada only needs 2 things to guarantee prosperity. 1. Close the border and enforce the immigration laws. 2. Deregulation. Everyone knows this but nobody wants to say it outloud. Canada would lose a province before they vote for prosperity. I've come to realize Canadians are saps...for the most part. Hence "Dog Chow" is mayor of Toronto...and a common carney is PM. "ELBOWS UP"... 2 1 Quote Its so lonely in m'saddle since m'horse died.
I am Groot Posted May 17 Report Posted May 17 1 hour ago, Zeitgeist said: Yup, for too long it’s been like living in a one horse town where the one factory owner is the sole employer and can set the terms in his favour for the workers and townsfolk. To some extent it worked having the one big factory and a handful of smaller businesses, but not anymore. Essentially Canada is having to reorganize its trade and economic measures to prevent negative impacts from the big market leader. It’s not easy and the early growth is modest, but over time substitute markets, domestic and foreign, will emerge. You say that far too confidently. Canadian businesses refuse to invest in new technology or in training for their people. They survive by bringing in huge numbers of foreign workers from the 3rd world who are willing to work long hours and sleep 12 to a house. Meanwhile, the Carney government has done nothing to free the economy from the jungle of regulations or the heavy taxes burdening and restricting it. I see no likelihood our economy is going to improve over the coming ten years. More likely, it will get worse. 1 hour ago, Zeitgeist said: What choice do we have? Canadians won’t give up sovereignty and self-determination What sovereignty are you talking about? The number of foreign citizens in this country will soon outnumber those born here. Most of those new "citizens" are from outside the Western world, and their 3rd world cultures (which we have assured them they should keep) have no respect for the freedoms we hold dear. These cultures and values are what made the countries they fled shitholes. And they will do the same here. Quote "A civilization is not destroyed by wicked men; it is destroyed by weak men who cannot defend what is good.” — G. K. Chesterton
Zeitgeist Posted May 17 Report Posted May 17 41 minutes ago, paxamericana said: And what, starve? Is that why food insecurity has become prevalent in Canada? You’re entering third world status. Canada is unsustainable and has already failed, the provinces hate one another. The only reason the confederation has made it this far was because of America’s subsidies. Don’t think we forgotten, Canada was a British ploy to slow down American expansion. Why would we continue to subsidize that project? In a globalized world it may not matter but now that we are re-entering back into history, it’s time Canada get absorbed into North America. And while force is not currently being considered it eventually will by someone else who sees the same bullshit from Canada and has had enough. We are at an inflection point, Canada cannot stop the trend that are set in motion. We much rather you all come willingly. Canada ranks high in the Human Development Index for a slew of reasons. We haven’t gone into recession, though the headwinds are real. Just remember that bullies peak early and often end up alone. The US can either inspire, protect and promote democracy and prosperity for all or it can seek to serve its own monetary interests at the expense of others. No country is always the former or the latter, but I’d suggest that persisting in the current approach will leave the US more isolated. There are big opportunities for economic union between Canada and the US if the right leaders take the right approach. I’m not holding my breath. Quote
Zeitgeist Posted May 17 Report Posted May 17 22 minutes ago, I am Groot said: You say that far too confidently. Canadian businesses refuse to invest in new technology or in training for their people. They survive by bringing in huge numbers of foreign workers from the 3rd world who are willing to work long hours and sleep 12 to a house. Meanwhile, the Carney government has done nothing to free the economy from the jungle of regulations or the heavy taxes burdening and restricting it. I see no likelihood our economy is going to improve over the coming ten years. More likely, it will get worse. What sovereignty are you talking about? The number of foreign citizens in this country will soon outnumber those born here. Most of those new "citizens" are from outside the Western world, and their 3rd world cultures (which we have assured them they should keep) have no respect for the freedoms we hold dear. These cultures and values are what made the countries they fled shitholes. And they will do the same here. Well to some extent I agree, but no Western countries can sustain their economies without some immigration, so it’s a matter of ensuring it’s the right kind of immigration. I’ve said more than anyone else on this forum to my knowledge that the biggest threat to Canada culturally is our inability to reproduce ourselves. The reasons for it are pretty clear at this point: growing assisted suicide, high cost of housing and living in general, growing LGBTQ+ identifying people, more urbanized population, free birth control and high estrogen levels in our water (also mimicked by plastics), the difficulty raising a family on one income, the constant push for women to have exactly the same percentage of CEO jobs (despite maternity leaves and the fact that more women are in university and buying homes than men), and a vilification of traditional family life as patriarchal, colonial, etc. What’s more, I don’t see the population embracing lifestyles like we had 70 years ago. Unless the West takes a major ideological turn through its media, government, and education messaging, we will remain highly dependent on mass immigration for our growth. We could accept managed de-growth, but that’s generally deflationary and supports less opportunity. All Western countries are in this boat, including the US, with the notable exception being Israel. Ireland is almost maintaining itself. Quote
I am Groot Posted May 17 Report Posted May 17 18 minutes ago, Zeitgeist said: Well to some extent I agree, but no Western countries can sustain their economies without some immigration, so it’s a matter of ensuring it’s the right kind of immigration. We've had the wrong kind of immigration for over fifty years. We've brought in people from cultures that are hostile to ours, with religions that preach violence against us, and encouraged them not to change, not to abandon those cultures and not to integrate. I also disagree about the need for immigrants at all. The idea the population must always expand is a ponzi scheme that is doomed to fail. Let it fail now as we see AI coming on stream and robotics rapidly developing, both of which, separately and together, will eliminate millions of jobs. 18 minutes ago, Zeitgeist said: I’ve said more than anyone else on this forum to my knowledge that the biggest threat to Canada culturally is our inability to reproduce ourselves. Countries have lost citizens in the past, their populations dropping, sometimes by half. And you know what happens? Wages go higher, housing costs go lower. Children become valued, and people have more of them. No one can tell me how Canada is a better place to live now than it was back in the 1960s when our population was 20 million. 18 minutes ago, Zeitgeist said: All Western countries are in this boat, including the US, with the notable exception being Israel. Ireland is almost maintaining itself. Ireland is importing Muslims from North Africa, and now there are riots in the streets as sexual assaults skyrocket. Just like in the rest of Western Europe. Oddly enough, Poland and Hungary seem to be doing just fine without immigration. 1 Quote "A civilization is not destroyed by wicked men; it is destroyed by weak men who cannot defend what is good.” — G. K. Chesterton
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