Canada Economy Biggest Drop in 7 Years! Financial Crisis Part 2

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1. This guy hasn't provided enough evidence for me to support anything he has said either haha. The alberta wildfires was a multi billion dollar disaster. This person is preaching fear because he is stupid and if you cant see that then you are too. If you want to be more comprehensive study more than a charismatic video.
2. I think people fail to comprehend the numbers from logistical standpoints. The economy is obviously growing as a whole but there are several factors associated with growth and several factors not accounted for.. On a per capita basis people have less capital and more debt but yet more asset value with their homes. Obviously we're going to see 1-2% growth overall when were importing 1% more migrants whom either bring in massive capital or are eventually able to tap into credit.. Not to mention all the massive deficit spending we see with Trudeau's Liberals... At the same time we should consider the fact that it's not so much the tangible products we actually produce but rather the price value they are set at which also really determines GDP. And with oil being our biggest export.. well it's no wonder the Dollar dropped by over 25%.. At the same time thou we've seen massive oil price recovery since it's lowest fall, so this begs to question then as to why our Dollar hasn't totally followed suit as big oil rebuilt and now after some recovery... I'm guessing speculation accounts for the majority of what our currency is actually worth regardless of real world production. I'd like to know how expected growth rate has dwindled by 0.2% year after year with all this deficit spending brought on by the Liberals.. And if this is the case then why are we taking on so much debt with a clear indication of no success. The Liberals claimed their goal was first to take on only $10 Billion a year while debt was cheap than indicated their goal was to narrow in on the debt to GDP ratio... Seems to me like their doing the exact opposite.
3. Welfare, welfare, welfare for all. Endless welfare.
4. its strange trudeau just went to a meeting with jean chretien and harper last week they nly make you think they are separate they are not conservative and liberals on the same team here were I live in northern Ontario every third house on the streets are for sale its unreal people can not afford to live in their homes anymore everything is going up
5. the economy is brain-dead. hence, the pulse......I like to blame the LIBERALS
6. what software tool do you use to draw on the screen?
7. I am still waiting for the disaster you are talking about
8. Gee, dead economy for a country that doesn't make anything any more?
9. oil  YES...man....   US weakness is amplified in CANADA  always.  Attacks in oil are against Russia are also hurting Canada. Lib feds and NDP Prov are ok with this.
10. Stop 2030 agenda.need real leadership around the world
11. You're close pal but not exactly right. America presently is in the worst recession since the great depression. They're the ones lying about everything because Janet and Obama won't admit anything in an election year. Canada gets the spillover effect from America as we still are the biggest trading partner to America. Wait until early 2017 when America finally admits they're in recession and were in recession for all of 2016 after Obama is gone in January.
12. Lol, what do you expect from a cuck drama teacher?
    Trudeau is going to run us into the ground.
13. Canadian media is like Russian media in the time of Stalin.
14. What is interesting about Canada, especially the housing market and the credit bubble it has caused, is where the investment comes from.   The Chinese are stealing billions from their economy and hiding it in Canada, in other words, Canada is happy to encourage theft in China to get the funds into Canada.   Of course, this puts the Canadians at a disadvantage as there are not so many (a few though) ways to steal billions in Canada and invest in real estate.   Yep, Canada is in for a huge fall, but it is well deserved given their immoral policies of encouraging overseas investment of stolen funds.
15. United States also covers recession by printing dollars.
16. In the most recent job numbers, the country lost 32000 private sector jobs and added 57000 public sector jobs (aka more govt workers to pay from a shrinking tax base) - and that was touted as good news.
17. I was one of the first to point out that post 2008, Canada started playing with its GDP numbers to increase it by including bogus activities in GDP calculations. The result - a bigger GDP number by cooking the books and a smaller debt to GDP ratio. This Greece-ing of the economy is going to bring about the same problems as in Greece. And when it does, I'm sure banker boys will be there to "loan" money (created out of thin air with interest) to the Canadian govt to indenture the nation further into debt and steal its massive resource base as collateral.
18. Gubberment crap.
19. The economy has been failing us for over a decade now. Did this fool suddenly wake up. The only people to blame for this is our apathetic, intellectually lazy and disinterested selves. We let this happen and now it's beyond repair.
20. In sept or oct 2014 they said the same thing at Radio-Canada.