Canadian Economy Shows Resilience, Returns To Trade Surplus

[CdnFox]

50 minutes ago, BeaverFever said:

LMAO MORE FAKE NEWS

No Harper didn’t do anything to reduce emissions . GHG emissions are largely considered to have been flat during Harper’s terms. Technically they decreased by an insignificant amount 3% or less) because there was a recession

Nope, sorry but you are the fake news here. Harper did a great deal to reduce emissions including is stimulus idea of allowing people to remove the GST from any improvements they made to their home such as new efficiency heaters and furnaces as well as the adding of insulation  and roofing

All of which makes a huge difference in output and tons of which happened because of that GST rebate

He did a bunch of other things as well

But it hurts your feelings that conservatives are actually better at reducing emissions the liberals are. Meanwhile emissions have gone through the roof under Trudeau. And on top of it he broke our economy with his taxes that were supposed to tax climate change out of existence

Sorry to break it to you kid  

 

[CdnFox]

[BeaverFever]

Canada adds 87,800 jobs, jobless rate down to 6.6%, beating May estimates

OTTAWA, June 5 (Reuters) - Canada's economy added 87,800 jobs and the unemployment rate fell back to 6.6% ‌in May, data showed on Friday, defying widespread expectations and showing signs of some resilience despite signs of softer economic growth.

This is the first month this year of job gains and helped wipe off almost 80% of all job losses posted since the year began. The last time the economy added a significant number of jobs was October last year, Statistics Canada said.

The Reuters Inside Track newsletter is your essential guide during the World Cup.Sign up here.

Analysts polled by Reuters had forecast the unemployment rate ⁠to hold at the six-month high level reached in April at 6.9% and had predicted net additions of 10,000 jobs in May.

Canada's economy has weathered an onslaught of U.S. tariffs and trade uncertainty for more than 12 months, hitting some crucial sectors very hard and leading to job losses. It has also sucked hiring momentum and investments out from the broader economy.

Its economy hit a technical recession - two consecutive quarters of economic contraction - at the end of the first quarter on an annualized basis. But economists have been divided on whether Canada was actually in recession as there have been no widespread job losses and some sectors have shown healthy growth.

Statistics Canada said employment increased ‌in several ⁠industries such as construction which added a net of 26,800 jobs, information, culture and recreation which saw an addition of 19,300 jobs, transportation and warehousing which saw gains of 18,700 jobs and accommodation and food services which grew by 17,000 jobs.

The wholesale and retail trade sector, which accounts for almost 14% of the total employed work force, posted job decline of 35,000 positions ⁠in May.

Economists have said that the upcoming football World Cup, partly hosted by Canada, will also likely boost jobs in the months of June and July across some sectors.

The job additions was fully concentrated in full-time jobs which saw a net addition of ⁠154,000 in May, reversing almost all of the first four months of net job losses in full-time work, StatsCan said, and added part-time employment fell by 66,200 in the month.

 

Average hourly wages of permanent employees, a metric ⁠closely tracked by the Bank of Canada to gauge the rise in inflation expectations, grew 3.2% in May, a sharp decline from the 4.8% posted in April.

The unemployment rate for youth declined 0.9 percentage points to 13.4%, StatsCan said, adding this was the first decline since January.

 

 

https://www.reuters.com/business/world-at-work/canada-adds-87800-jobs-jobless-rate-down-66-beating-may-estimates-2026-06-05/

 

 

Edited June 5 by BeaverFever

[BeaverFever]

On 6/1/2026 at 10:16 PM, CdnFox said:

Nope, sorry but you are the fake news here. Harper did a great deal to reduce emissions including is stimulus idea of allowing people to remove the GST from any improvements they made to their home such as new efficiency heaters and furnaces as well as the adding of insulation  and roofing

All of which makes a huge difference in output and tons of which happened because of that GST rebate

He did a bunch of other things as well

But it hurts your feelings that conservatives are actually better at reducing emissions the liberals are. Meanwhile emissions have gone through the roof under Trudeau. And on top of it he broke our economy with his taxes that were supposed to tax climate change out of existence

Sorry to break it to you kid  

 

What a joke. Little tax credits did not incentivize home owners to suddenly spend thousands of dollars on unneeded home renovations and home renovations didn’t reduce GHG. THE NUMBERS DON’T LIE BUT YOU DO  

 

CHAT GPT:

Here’s a clear Harper vs Trudeau (emissions) comparison using Canada’s actual national greenhouse gas trend.

 

🇨🇦 Canada GHG Emissions: Harper vs Trudeau

🟦 Under Stephen Harper (2006–2015)

Stephen Harper

📊 Overall result

• Emissions: roughly flat to slightly down
• Change (approx): small decrease (~0–3%) over full period
• Pattern: plateau with ups and downs

🔍 Key drivers

• ⛽ Oil sands expansion (major upward pressure)
• 📉 2008–09 recession (temporary drop)
• 🏭 Efficiency gains partially offset growth elsewhere

🧠 Bottom line

Emissions were stable, not structurally declining

 

🟩 Under Justin Trudeau (2015–present, to ~2024/25 trend)

Justin Trudeau

📊 Overall result

• Emissions: modest decline overall, but not linear
• Change (2015 → latest available years): ~7–10% decrease from 2005 baseline range; smaller from 2015 baseline (~5–8% depending on year)

🔍 Key drivers

• ⚡ Coal phase-out in electricity (major structural reduction)
• 💡 Increased renewables (wind/solar/hydro stability)
• 🚗 Transport emissions still high (hard to reduce sector)
• ⛽ Oil & gas emissions still a major upward pressure

📉 Notable disruption

• 2020 COVID drop (temporary sharp reduction)
• Partial rebound after economic recovery

🧠 Bottom line

Emissions show a real downward trend, but slower than climate targets require
 

 

🧠 The simplest interpretation

• Harper era: emissions = “plateau with oil sands growth offsetting gains”
• Trudeau era: emissions = “slow downward slope, driven mostly by electricity sector changes”

 

⚖️ Key reality most people miss

Even under Trudeau:

• Canada is still above 2005 levels in many recent years depending on accounting method
• Most reductions come from power generation, not oil & gas

So:

The difference is not “down vs up” — it’s flat (Harper) vs slowly declining (Trudeau)

[CdnFox]

2 hours ago, BeaverFever said:

 

This is the first month this year of job gains and helped wipe off almost 80% of all job losses posted since the year began.

So in other words we've still lost jobs this year.  We had one good month but we've still got fewer jobs now than we started the year with. 

😁😁😁😁

It's hilarious that you think that's a victory  LOLOLOL

Your font may get bigger, but the economy isn't.    

And yeah it still looks like harper did better than justin for emissions, and justin is the one who claimed he was going to fix it all with his carbon tax   

You're so pathetic  

[CdnFox]

2 hours ago, BeaverFever said:

 

This is the first month this year of job gains and helped wipe off almost 80% of all job losses posted since the year began.

So in other words we've still lost jobs this year.  We had one good month but we've still got fewer jobs now than we started the year with. 

😁😁😁😁

It's hilarious that you think that's a victory  LOLOLOL

Your font may get bigger, but the economy isn't.    

And yeah it still looks like harper did better than justin for emissions, and justin is the one who claimed he was going to fix it all with his carbon tax   

You're so pathetic  

[CdnFox]

2 hours ago, BeaverFever said:

What a joke. Little tax credits did not incentivize home owners to suddenly spend thousands of dollars on unneeded home renovations and home renovations didn’t reduce GHG.

They absolutely did, in huge numbers. And i do mean huge.  Tonnes of stratas also took the opportunity to upgrade their systems as the owners were allowed to share the tax benefits. 

This had two effects. Reduction in GHG, and also it put tonnes and tonnes of local small contractors to work during a recessionary period.  Major projects , which the CPC also did,  help keep the big employers going but leave out a lot of the smaller guys, this guaranteed them work as well. 

Helped the environment, got us through the recession with minimal pain and borrowing... that's leadership kiddo. 

 

[CdnFox]

Oh, and @BeaverFever.....

Updated outlook projects weaker growth and higher deficits, says Parliamentary Budget Officer

Canada’s deficit doubled in last fiscal year: PBO report

Federal deficits higher next five years than Carney Liberals predicted | Toronto Sun

 

Oopsie.  Carney is overspending at a higher rate than even he said. 

The PBO's latest Economic and Fiscal Outlook highlights several primary concerns regarding the government's fiscal trajectory:

Missed Fiscal Anchors: The government aims to maintain a declining deficit-to-GDP ratio and balance operational spending in three years. However, the PBO's stress tests indicate less than a 1% chance of consistently reducing the deficit-to-GDP ratio every year through 2030-31.

Rising Debt-to-GDP: Due to persistent budgetary deficits, the federal debt-to-GDP ratio is projected to rise over the coming years, putting the long-term sustainability of current fiscal policy in question.

Creative Accounting Debates: The PBO has raised concerns over the government's classification of certain "day-to-day" operating expenses, suggesting Ottawa is over-reporting capital investments to obscure the true size of operating deficits.

Sluggish Economic Growth: With U.S. tariffs being treated as permanent, the PBO projects subdued real GDP growth of 1.1% for the year, restricting Ottawa's capacity to grow its way out of the deficit.

 

So turns out we're doing badly, and we're borrowing more than we should, and this is projected to continue for years to come. 

Yay carney, our financial savoir!!

[BeaverFever]

58 minutes ago, CdnFox said:

So in other words we've still lost jobs this year.  We had one good month but we've still got fewer jobs now than we started the year with. 

😁😁😁😁

It's hilarious that you think that's a victory  LOLOLOL

Your font may get bigger, but the economy isn't.    

And yeah it still looks like harper did better than justin for emissions, and justin is the one who claimed he was going to fix it all with his carbon tax   

You're so pathetic  

LOL you are so predictable.

 

Let’s be clear that when we were in “technical recession” it was only because of one bad month in each quarter. 
 

Let’s also be clear that you said things were getting worse they’re actually getting better  

 

Lets also be clear that ONE MONTH wiping out 80% of YTD loses is good especially during the peaknof the Trumpflation economic crisis that the incompetent us president created with his unnecessary and reckless war of choice   (Or what we hope is the peak it could always get worse l) 

LETS also be clear that the cause of the economic troubles dor Canada amd the entire world is that world’s most powerful economy is attacking our economy and the global economy so no matter how much you want to believe PP has magic powers that could have protected us it’s just not the case  

 

55 minutes ago, CdnFox said:

They absolutely did, in huge numbers. And i do mean huge.  Tonnes of stratas also took the opportunity to upgrade their systems as the owners were allowed to share the tax benefits. 

This had two effects. Reduction in GHG, and also it put tonnes and tonnes of local small contractors to work during a recessionary period.  Major projects , which the CPC also did,  help keep the big employers going but leave out a lot of the smaller guys, this guaranteed them work as well. 

Helped the environment, got us through the recession with minimal pain and borrowing... that's leadership kiddo. 

 

More of your bullshitting with NO EVIDENCE to support any of it as usual. I posted ACTUAL PROOF you just posted more of your made up and exaggerated BS. As usual. 

Edited June 5 by BeaverFever

[BeaverFever]

29 minutes ago, CdnFox said:

Oh, and @BeaverFever.....

Updated outlook projects weaker growth and higher deficits, says Parliamentary Budget Officer

Canada’s deficit doubled in last fiscal year: PBO report

Federal deficits higher next five years than Carney Liberals predicted | Toronto Sun

 

Oopsie.  Carney is overspending at a higher rate than even he said. 

The PBO's latest Economic and Fiscal Outlook highlights several primary concerns regarding the government's fiscal trajectory:

Missed Fiscal Anchors: The government aims to maintain a declining deficit-to-GDP ratio and balance operational spending in three years. However, the PBO's stress tests indicate less than a 1% chance of consistently reducing the deficit-to-GDP ratio every year through 2030-31.

Rising Debt-to-GDP: Due to persistent budgetary deficits, the federal debt-to-GDP ratio is projected to rise over the coming years, putting the long-term sustainability of current fiscal policy in question.

Creative Accounting Debates: The PBO has raised concerns over the government's classification of certain "day-to-day" operating expenses, suggesting Ottawa is over-reporting capital investments to obscure the true size of operating deficits.

Sluggish Economic Growth: With U.S. tariffs being treated as permanent, the PBO projects subdued real GDP growth of 1.1% for the year, restricting Ottawa's capacity to grow its way out of the deficit.

 

So turns out we're doing badly, and we're borrowing more than we should, and this is projected to continue for years to come. 

Yay carney, our financial savoir!!

1) Deficit: so what. Spending during tough time is what deficits are for. And our economy and infrastructure and military all need major transformation 

2) Growth:  it says specifically due to Trump tariffs not Carney and also says their worst case scenario model assumes they are permanent which  not a given at all given how unpopular they are even with republicans and they are not politically sustainable in USA.  
 

FURTHERMORE we would still be the fastest growing economy in the G7 because everyone would be subjected to the tariffs and if we’re doing better than everyone else it is hard to can’t claim we are somehow failing

[BeaverFever]

“A Canadian leader in nuclear fusion comes home—with big plans to make power

After a career of trying to solve the mysteries of nuclear fusion in the United States and Europe, Spencer Pitcher is coming home to Canada to try to build a commercial reactor that will change the world. And he’s bringing some friends with him.

“I personally cannot bear the thought that the world’s moving, and Canada is going to end up buying its fusion reactors from other countries,” said Pitcher in a video interview from the south of France. He was packing up his life and preparing to move back to Toronto, where he was born and initially educated as an engineer.”

“Talking Points

Canada once had a national research effort pursuing nuclear fusion energy, but ceded to other countries amid budget cuts in the 1990s

Now, its lucky advantage as a source of tritium and extensive ecosystem around more traditional fission energy—plus a dose of patriotic fervour—is helping bring home fusion researchers who made their careers abroad ”

““I’ve been giving lectures at the universities in southern Ontario, and my God, you should see the enthusiasm,” he said.

Pitcher’s fellow founders are former colleagues at Princeton University in New Jersey: Amitava Bhattacharjee and Michael Zarnstorff. As professors with decades of academic work behind them—Bhattacharjee won a major physics award in 2022 for a lifetime of contributions and Zarnstorff was formerly the chief scientist at the Princeton Plasma Physics Laboratory—they are perhaps not typical startup leaders.

But their heft might have opened doors that a brasher, younger crew couldn’t have. Stellarex has agreements with pillars of the Canadian nuclear sector—like Canadian Nuclear Laboratories and Ontario Power Generation—to advance its fusion plans. In mid-May, Pitcher signed one with the U.K.’s Atomic Energy Authority.”

“Tritium, a form of hydrogen with two neutrons in its nucleus instead of the usual zero, occurs in truly minuscule amounts in the upper atmosphere. The best artificial source of tritium happens to be Canadian-developed Candu nuclear fission reactors.

(Fission reactors like Candus break unstable big atoms into smaller ones; fusion reactors combine unstable small atoms into bigger ones. If you start with the right kinds of atoms, either process can give off surplus energy.)

“For most of the history of Candu, [tritium’s] been a damn pain in the rear, because it’s radioactive, it’s very elusive, it escapes, it diffuses through materials,” Pitcher said. Now, as one of the small atoms that’s most readily fused with another, it’s incredibly valuable.

Canada has pursued fusion in fits and starts for decades. It had a national fusion program that built an experimental reactor near Montreal in the 1980s, and an effort called the Canadian Fusion Fuels Technology Project that aimed to turn Canadian tritium into a marketable commodity; both were cancelled in 1997.”

…

Excerpt From

“A Canadian leader in nuclear fusion comes home—with big plans to make power”

David Reevely

The Logic

https://apple.news/AfZMIyDIXSp2-lkhP1dZiDA

This material may be protected by copyright.

Edited June 5 by BeaverFever

[CdnFox]

37 minutes ago, BeaverFever said:

LOL you are so predictable.

Yep, i always tell the truth   It's hilarious you think that's something negative  

 

 

Let’s be clear that when we were in “technical recession” it was only because of one bad month in each quarter. 
 

Quote

Let’s also be clear that you said things were getting worse they’re actually getting better  

No, what's clear is that you'll tell lies like that rather than face the truth. 

We've lost jobs. We've just had our 5th straight quarter of business investment fleeing. The PBO's office says we're going further into deficit than carney said and that we've missed our 'financial anchor' targets. 

And we just went into recession.  

None of that is 'better'. 

Quote

Lets also be clear that ONE MONTH wiping out 80% of YTD loses is good

No, it's not "good".  It's still bad.  what it does is 'mitigate' losses. But it's still losses. 

IF we wind up having similar gains NEXT month then that will be better.  

Quote

LETS also be clear that the cause of the economic troubles dor Canada amd the entire world is that world’s most powerful economy is attacking our economy and the global economy so no matter how much you want to believe PP has magic powers that could have protected us it’s just not the case

Again - the only thing clear is you're lying about it. 

No other g7 economy is in recession.  And carney himself has sworn up and down numerous times that we have the BEST deal in the g7.

Our problems predate trump.  As i noted for 5 consecutive quarters we've lost business investment. That takes us to just before trump was elected.  And it's not getting better. 

Your sad devotion to your glorious leader is revolting. 

 

More of your bullshitting with NO EVIDENCE to support any of it as usual. I posted ACTUAL PROOF you just posted more of your made up and exaggerated BS. As usual. 

[CdnFox]

OH and... Canada's business productivity fell for second consecutive quarter: StatsCan

“Overall, productivity decreased in 10 of the 16 main industry sectors in the first quarter,” the agency said in a report released on Wednesday.

more good news for our "Super Mega Resistant Resilient" economy. 

 

[BeaverFever]

Quebec aluminum smelters more resilient than expected despite U.S. tariffs
 

 

“A major aluminum association in Canada says the impact of U.S. tariffs on the industry has been less dire than expected.

Jean Simard, president and CEO of the Aluminum Association of Canada, says the industry is operating at 95 per cent capacity.

“No slowdown, no layoffs," Simard said in an interview with The Canadian Press on Thursday about the effect of 50 per cent U.S. tariffs on aluminum.

“It’s less painful than we anticipated," Simard said. "The problem, fundamentally, is the lack of visibility into the future. We’re in a world of total uncertainty."

Simard, whose association represents Alcoa, Alouette, and Rio Tinto, said there is concern about the outcome of talks to renew the continent's free-trade agreement. 

On June 4, 2025, the Trump administration raised tariffs on aluminum and steel imports from 25 per cent to 50 per cent. The impact was felt most acutely during the first few months after the new rate took effect.  

Canadian producers initially took a hit, as U.S. customers refused to absorb the price increase caused by the tariff. 

“In Canada, we lost a lot of money. We lost nearly US$600 million over the next seven to eight weeks because we ”

 

Excerpt From

“Quebec aluminum smelters more resilient than expected despite U.S. tariffs”

Frédéric Lacroix-Couture

The Canadian Press

https://apple.news/AzkA6AKxlRkW-Ue11SpAmcA

This material may be protected by copyright.

[BeaverFever]

On 6/5/2026 at 10:03 PM, CdnFox said:

OH and... Canada's business productivity fell for second consecutive quarter: StatsCan

“Overall, productivity decreased in 10 of the 16 main industry sectors in the first quarter,” the agency said in a report released on Wednesday.

more good news for our "Super Mega Resistant Resilient" economy. 

 

Wow it declined by a fraction of a percentage point overall and primarily occurring in industries under attack by the mad king of the world’s most powerful economyor dependent upon inputs made more expensive by the mad king’s unnecessary war of choice, while productivity is actually increasing in other sectors 

[BeaverFever]

Posthaste: Recession, what recession? Canada's economy is doing better than it has in years by thismeasure

GDP per person is once again on the rise
 

 

….Luckily, economists say there is more to a recession than just two quarters of negative growth — namely the 3 Ds — depth, duration and dispersion.

This decline is not even close on depth — amounting to just 0.6 per cent annualized over the two quarters, “barely a scratch in GDP terms,” said Robert Kavcic, senior economist at BMO Capital Markets in a note.

In the past three Canadians recessions, outside the pandemic, the average decline at the weakest point was 5.3 per cent.

Nor is weakness widespread across the economy. The trade war has hit manufacturing, trade and real estate hard, but other sectors like finance, resources and health care are growing, said Kavcic.

Though exports are down, domestic demand has been climbing, and consumer spending has continued to rise.

Duration, he concedes, is getting close. The Canadian economy has been soft since the start of the trade war in early 2025, posting three negative quarters out of four.

However, there is one key variable in this equation that should not be overlooked and when viewed through its lens paints a very different picture of Canada’s economy, say economists — population.

Since the federal government cracked down on immigration after the post-pandemic boom, population has actually declined in Canada over the past two quarters.

So while the overall GDP reading is slipping, GDP per person is on the rise, a welcome change from a few years back when the per capita measure was nose-diving.

GDP per capita fell by almost 2.5 per cent in just over a year in 2022 and 2023, and plunged again in 2025, even as headline GDP was growing. The latest data showed GDP per person picked up by an annualized 0.9 per cent in the first quarter of 2026.

“That’s a better outcome for how individual households experience the economic backdrop compared to, for example, the ostensibly respectable GDP increases in 2023/2024 that actually represented persistent declines on a per-capita basis,” said Janzen.

 

Make no mistake, the Canadian economy remains fragile and faces more uncertainty in coming months as review of the Canada-United-States-Mexico Agreement gets underway.

But as economists at National Bank of Canada said Friday: “We are not ready to bandy about the ‘R’ word, at least not yet.”

 

https://financialpost.com/news/canada-recession-fears-overblown

[CdnFox]

2 hours ago, BeaverFever said:

 

Posthaste: Recession, what recession? Canada's economy is doing better than it has in years by thismeasure

GDP per person is once again on the rise
 

 

….Luckily, economists say there is more to a recession than just two quarters of negative growth — namely the 3 Ds — depth, duration and dispersion.

This decline is not even close on depth — amounting to just 0.6 per cent annualized over the two quarters, “barely a scratch in GDP terms,” said Robert Kavcic, senior economist at BMO Capital Markets in a note.

In the past three Canadians recessions, outside the pandemic, the average decline at the weakest point was 5.3 per cent.

Nor is weakness widespread across the economy. The trade war has hit manufacturing, trade and real estate hard, but other sectors like finance, resources and health care are growing, said Kavcic.

Though exports are down, domestic demand has been climbing, and consumer spending has continued to rise.

Duration, he concedes, is getting close. The Canadian economy has been soft since the start of the trade war in early 2025, posting three negative quarters out of four.

However, there is one key variable in this equation that should not be overlooked and when viewed through its lens paints a very different picture of Canada’s economy, say economists — population.

Since the federal government cracked down on immigration after the post-pandemic boom, population has actually declined in Canada over the past two quarters.

So while the overall GDP reading is slipping, GDP per person is on the rise, a welcome change from a few years back when the per capita measure was nose-diving.

GDP per capita fell by almost 2.5 per cent in just over a year in 2022 and 2023, and plunged again in 2025, even as headline GDP was growing. The latest data showed GDP per person picked up by an annualized 0.9 per cent in the first quarter of 2026.

“That’s a better outcome for how individual households experience the economic backdrop compared to, for example, the ostensibly respectable GDP increases in 2023/2024 that actually represented persistent declines on a per-capita basis,” said Janzen.

 

Make no mistake, the Canadian economy remains fragile and faces more uncertainty in coming months as review of the Canada-United-States-Mexico Agreement gets underway.

But as economists at National Bank of Canada said Friday: “We are not ready to bandy about the ‘R’ word, at least not yet.”

 

https://financialpost.com/news/canada-recession-fears-overblown

It's a recession big guy  

 

Canada’s economy is in a fragile, "wait-and-see" state rather than a full-blown crisis, but it is facing significant headwinds. While the country avoided a deep recession and some metrics remain stable, stagnant business investment, a slide into a "technical" recession, and high living costs are creating major challenges for Canadians. [1, 2, 3, 4, 5, 6]

The Challenges (Why it feels like trouble)

• GDP Contraction: Canada technically slipped into a shallow recession after GDP declined for two consecutive quarters, capping off the weakest period of growth since the pandemic. [1, 2]
• Stagnant Business Investment: A chronic lack of business capital spending remains the economy's Achilles' heel. This holds back long-term productivity and limits wage growth. [1, 2, 3]
• Per Capita GDP Decline: Even when overall output grows slightly, Canada's population surge over the last few years has meant that overall living standards (GDP per capita) have been declining, leaving many Canadians feeling financially squeezed. [1, 2]
• International Trade: Uncertainty regarding U.S. policies and tariffs continues to weigh heavily on business confidence and export dynamics. [1, 2, 3]

 

[BeaverFever]

22 hours ago, CdnFox said:

It's a recession big guy  

 

Canada’s economy is in a fragile, "wait-and-see" state rather than a full-blown crisis, but it is facing significant headwinds. While the country avoided a deep recession and some metrics remain stable, stagnant business investment, a slide into a "technical" recession, and high living costs are creating major challenges for Canadians. [1, 2, 3, 4, 5, 6]

 

The Challenges (Why it feels like trouble)

• GDP Contraction: Canada technically slipped into a shallow recession after GDP declined for two consecutive quarters, capping off the weakest period of growth since the pandemic. [1, 2]
• Stagnant Business Investment: A chronic lack of business capital spending remains the economy's Achilles' heel. This holds back long-term productivity and limits wage growth. [1, 2, 3]
• Per Capita GDP Decline: Even when overall output grows slightly, Canada's population surge over the last few years has meant that overall living standards (GDP per capita) have been declining, leaving many Canadians feeling financially squeezed. [1, 2]
• International Trade: Uncertainty regarding U.S. policies and tariffs continues to weigh heavily on business confidence and export dynamics. [1, 2, 3]

 

Your post just say it’s a technical recession and the snippet you chose mentions “challenges “.  Nobody said there are no challenges or that it’s not precarious. Nothing new.
 

But hey at least you are actually consulting sources now instead of just freelance bullshitting. 
 

 

Edited June 8 by BeaverFever

[BeaverFever]

In other news;

Eldorado Gold says first copper concentrate produced at McIlvenna Bay project
 

 

“Eldorado Gold Corp. says the first copper concentrate was produced at its McIlvenna Bay project in Saskatchewan on Sunday.

McIlvenna Bay was one of the first five major projects on the federal government's fast-track list released last year.

The company say it is now focused on a ramp-up toward the nameplate capacity of 4,900 tonnes per day. It expects to achieve commercial production in the third quarter of this year.

 

Excerpt From

“Eldorado Gold says first copper concentrate produced at McIlvenna Bay project”

The Canadian Press

The Canadian Press

https://apple.news/Aj8mbB3ZTQw-zFtvfbgNpEQ

This material may be protected by copyright.

[CdnFox]

2 hours ago, BeaverFever said:

Your post just say it’s a technical recession and the snippet you chose mentions “challenges “.  Nobody said there are no challenges or that it’s not precarious. Nothing new.
 

It says that we're in a recession and that is slower no growth for the foreseeable future

And I agree that that's nothing new but it's kind of been what you've been denying. You've been saying the economy is going to do great, it's marvelous, it's taking off. Carney's been saying the same thing

But it's not true. It's so bad that we're in a recession, and even if we come out of it it's expected that our growth will be barely above recession and that it's extremely weak and flat with many threats

2 hours ago, BeaverFever said:

In other news;

Eldorado Gold says first copper concentrate produced at McIlvenna Bay project
 

 

“Eldorado Gold Corp. says the first copper concentrate was produced at its McIlvenna Bay project in Saskatchewan on Sunday.

McIlvenna Bay was one of the first five major projects on the federal government's fast-track list released last year.

The company say it is now focused on a ramp-up toward the nameplate capacity of 4,900 tonnes per day. It expects to achieve commercial production in the third quarter of this year.

 

Excerpt From

“Eldorado Gold says first copper concentrate produced at McIlvenna Bay project”

The Canadian Press

The Canadian Press

https://apple.news/Aj8mbB3ZTQw-zFtvfbgNpEQ

This material may be protected by copyright.

But it wasn't Fast tracked. It went forwarded exactly the same paces it was going already. This was already approved before the fast track office even existed

And once again Carney has to take credit for something he didn't even do to try and look good

[Nationalist]

On 5/17/2026 at 9:59 AM, Nationalist said:

@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"...

Hey @ExFlyer...

Do you realize that only @robosmith takes you seriously?

[Moonbox]

53 minutes ago, Nationalist said:

Hey @ExFlyer...

Do you realize that only @robosmith takes you seriously?

...and yet everyone still takes him more seriously than you...🤡👍

[Nationalist]

2 minutes ago, Moonbox said:

...and yet everyone still takes him more seriously than you...🤡👍

Well you do anyway...

[ExFlyer]

1 hour ago, Nationalist said:

Hey @ExFlyer...

Do you realize that only @robosmith takes you seriously?

Hey Nationalist.....do you realize that I do not give a Shit??? But it sure seems that you do to even make a post to me about your personal tastes 

Especially do not give a $hit when LOSERS like you seem to think I do LOL LOL LOL

Edited June 8 by ExFlyer

[Nationalist]

Just now, ExFlyer said:

Hey Nationalist.....do you realize that I do not give a Shit???

Especially do not give a $hit when LOSERS like you seem to think I do LOL LOL LOL

Actually I do realize that you dont give a shit.

Meh...disgracing your family just isnt important to you at all.