Canada’s Economic Growth Drops, Even Before Impact Of Ongoing Illegal Blockades

Botched coronavirus response could also contribute to a further economic downturn.

Even before the full economic impact of the illegal blockades has been known, Canada’s economic growth is weakening.

The numbers for the 4th quarter of 2019 show annualized growth of just 0.3%, the worst it’s been in four years.

And considering that Canada’s population is growing by about 1.5% per year, that 0.3% ‘growth’ rate means Canadians are getting poorer on a per-capita basis.

Q3 annualized growth was also revised downward, from 1.3% to 1.1%.

Keep in mind, these weakening numbers don’t even include Quarter 1 of 2020. So, on top of this weakness, there’s now the devastating illegal blockades and the Coronavirus, meaning the economy will get even worse.

This country, despite all our potential, is falling further and further behind, with the weak, incompetent, and dishonest Trudeau government leading us into disaster.

Spencer Fernando

Photo – YouTube

3
Share Your Thoughts

avatar
3 Comment threads
0 Thread replies
1 Followers
 
Most reacted comment
Hottest comment thread
3 Comment authors
NancyWjames isnorRon Shaw Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
Ron Shaw
Guest

Weak and dishonest barely begin to describe Justin Trudeau . Words like traitorous , elitism , ignorance of facts and just plain stupid more descriptively describe Kokanee black face circus world class clown Justin .

james isnor
Guest
james isnor

Would nt it be ironic and just if the foreign NGOs and their minions that are complicit and in many ways responsible for the protests and by design economic gridlock were hacked by patriotic Canadians or if we reversed blockaded them. Be sure the RCMP would spring into action big time. Surprisingly their standard excessive force arrests are no where to be seen against this rabble

NancyW
Guest
NancyW

Depressing, what is happening and being done to us by these radicals destroying Canada.