https://www.ctvnews.ca/business/real...rise-1.7127807
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OTTAWA - The Canadian economy shrank on a per-person basis for a sixth consecutive quarter as higher interest rates continued to weigh on business investment.
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Nothing much to see here, just more Conservative “pablum”, why would anyone care about the continued erosion of Canada’s economy? You couldn’t possibly put any blame on the current administration since the economy is just too complicated for us plebs to understand.
Quote:
Friday's report said higher household and government spending was partly offset by slower inventory accumulation, lower business capital investment and lower exports.
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How could you possibly expect that when you put in place policies that hurt businesses and export industries, that it would hurt businesses and export industries? But it’s ok, if you cancel that out with increased taxes and government spending, the economy is fine. Especially since this government has proven to be very fiscally prudent with taxpayer dollars. Canadians get a lot of value when the government spends more money.