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Canadas Economy Grew 6.1% in First Quarter, Most in a D... - 6/1/2010 12:29:29 AM   
Brain


Posts: 3792
Joined: 2/14/2007
Status: offline 		It seems America could learn a lot from progressive Canada if not for many Americans arrogant – “We are number 1” - bullshit. Good thing Harpo has a minority government or the Conservative prick would have fucked this up too.


Canada's Economy Grew 6.1% in First Quarter, Most in a Decade - BusinessWeek

May 31 (Bloomberg) -- Canada’s economy expanded at the fastest pace in a decade in the first quarter, led by consumer spending and manufacturing, increasing pressure on the country’s central bank to raise interest rates tomorrow.

The central bank will probably raise its key interest rate...

http://www.businessweek.com/news/2010-05-31/canada-s-economy-grew-6-1-in-first-quarter-most-in-a-decade.html



Statistics Canada says economy grew by 6.1 per cent in first quarter - Yahoo! Canada Finance
http://ca.news.finance.yahoo.com/s/31052010/2/biz-finance-statistics-canada-says-economy-grew-6-1-cent.html


Profile   Post #: 1
RE: Canadas Economy Grew 6.1% in First Quarter, Most in... - 6/1/2010 12:47:36 AM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline 		Brain, what the hell's wrong with you people up there?
Do you WANT Al Gore comming up there SCREAMING at you for "killing the planet?"
"You want to be rich, you NEVER want to be famous!" -Popeye-
Oh sure, put it in the Newspapers why don't you; "CADILLAC SALES UP 6 PERCENT IN CANADA LAST MONTH!"
"HOBOS HANDING OUT TEN DOLLAR BILLS!"

< Message edited by popeye1250 -- 6/1/2010 12:50:55 AM >

_____________________________

"But Your Honor, this is not a Jury of my Peers, these people are all decent, honest, law-abiding citizens!"

(in reply to Brain)
Profile   Post #: 2
RE: Canadas Economy Grew 6.1% in First Quarter, Most in... - 6/1/2010 1:34:41 AM   
Fellow


Posts: 1486
Joined: 9/21/2009
Status: offline 		There is no reason for high optimism. Canada has serious structural problems like the housing bubble and high personal debt levels.
Currently high commodity prices push exporters like Canada, Australia and others.
Read for example about Canada housing situation:
http://business.financialpost.com/2010/05/20/is-canadas-housing-bubble-about-to-burst/
High interest rates may push housing bubble over the edge. I live in North Vancouver. There are home sale signs everywhere.



(in reply to popeye1250)
Profile   Post #: 3
RE: Canadas Economy Grew 6.1% in First Quarter, Most in... - 6/1/2010 8:23:42 AM   
DCWoody


Posts: 1401
Joined: 10/27/2006
Status: offline 		Translation into European (ie accurate) terms: Canadian economy grew 1.52% in first quarter fo 2010.

(in reply to Fellow)
Profile   Post #: 4
RE: Canadas Economy Grew 6.1% in First Quarter, Most in... - 6/1/2010 8:33:30 AM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: popeye1250

Brain, what the hell's wrong with you people up there?
Do you WANT Al Gore comming up there SCREAMING at you for "killing the planet?"
"You want to be rich, you NEVER want to be famous!" -Popeye-
Oh sure, put it in the Newspapers why don't you; "CADILLAC SALES UP 6 PERCENT IN CANADA LAST MONTH!"
"HOBOS HANDING OUT TEN DOLLAR BILLS!"

What ?

(in reply to popeye1250)
Profile   Post #: 5
RE: Canadas Economy Grew 6.1% in First Quarter, Most in... - 6/1/2010 8:48:26 AM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: DCWoody

Translation into European (ie accurate) terms: Canadian economy grew 1.52% in first quarter fo 2010.

Not even a nice try. Just what are...European terms anyway ?

Some of you kinkroids just refuse to believe that US is alone in our country's values and that other countries are more concerned about country and how economy serves society....not just the investor.

HERE

< Message edited by MrRodgers -- 6/1/2010 8:49:00 AM >

(in reply to DCWoody)
Profile   Post #: 6
RE: Canadas Economy Grew 6.1% in First Quarter, Most in... - 6/1/2010 8:59:05 AM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: Fellow

There is no reason for high optimism. Canada has serious structural problems like the housing bubble and high personal debt levels.
Currently high commodity prices push exporters like Canada, Australia and others.
Read for example about Canada housing situation:
http://business.financialpost.com/2010/05/20/is-canadas-housing-bubble-about-to-burst/
High interest rates may push housing bubble over the edge. I live in North Vancouver. There are home sale signs everywhere.

Sounds like the US. Shit, every country has serious structural problems...this is still capitalism, what do you expect ?

(in reply to Fellow)
Profile   Post #: 7
RE: Canadas Economy Grew 6.1% in First Quarter, Most in... - 6/1/2010 2:07:40 PM   
DCWoody


Posts: 1401
Joined: 10/27/2006
Status: offline 		"Just what are...European terms anyway ?"

I figured the "(ie accurate)" part of my post explained it pretty well.

The Canadian economy did not grow 6% in the first quarter, it grew 1.5%.

I was just pointing out how misleading the way a minority of nations report their economic growth is.


I'm can't reply to the rest of your post as I don't even understand it.....

(in reply to MrRodgers)
Profile   Post #: 8
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