15% of Canada’s economy vulnerable to a housing slump, RBC says Once again, you have Canadians putting a positive spin on something negative happening. This country is amazingly bulletproof when it comes to bad news. You have an economy that is in the toilet, no manufacturing sector and built on careers for hamburger flippers, but it’s not a problem. It wouldn’t be a problem if there was anything else going here, but there isn’t. So […]
Category: Economic matters Canada
Economic matters Canada.
Ross Says TPP Could Form Starting Point for U.S. on Nafta Talks The Government of Canada continues to take the “don’t worry, be happy” approach to governing the country. Canada never has bad new, only good news that maybe is not so great. The US Secretary of Commerce has his sights on Nafta, and it’s unclear what the implications will be for Canada. But the story is the same, it will all work out for the […]
Canada Is the G-7’s Surprise Growth Leader, For Now Exports and business investment remain an important part of the normalization narrative for the central bank, despite their recent poor performance. By 2019, those two segments will contribute 1.3 percentage points to a forecast 1.8 percent growth rate that year, according to the bank’s new forecasts. Without that, there will be nothing to offset an expected slowdown in household spending, residential investment and government stimulus.
‘Not good news’: Bank of Canada warns of economic threat from U.S. trade protectionism