Canada was not fully out of the recession when Trudeau took over the economy. Look at the jobless numbers etc when Harper inherited a healthy economy that was way ahead of the other G7 Nations and see where he took us in comparison to the other G7 nations. he boasted about his performance, but our jobless rates were worse than several other G7 Nations, at 7% in 2015.We had house price issues way before covid. He campaigned on stabilizing housing back in 2015. It never happened and we have the biggest housing issues among the G7.
He has brought in a record amount of immigrants into Canada with nowhere to put them. His phony housing project fund hasn't produced a single unit nor will it ever keep up with the demand. How will you blame this on covid?
Let's address some of you're dishonest claims:
When it comes to inflation and G7 nation, what you are not accounting for is location. 4 out of the 7 G7 nations are in Europe which is experiencing higher inflation due to war happening in their back yard. If you look at Canada/Japan/America they are all relative. It has nothing to do with Trudeau and has everything to do with not being in Europe. So in a sense, yeah Canada is INSULATED from some global occurrences.
Infographic: Which G7 Economies Have the Highest Inflation?
This chart shows the inflation rates in G7 countries.www.statista.com
Second, Trudeau's economy before the pandemic was all hot air. When Trudeau took office 2015, Canada was at the end of a small recession.
So it's easy math: Recovery Cycle + Gov. Spending + Increased Population = Growth (on paper).
But let's put all your BS talk to the side. What does that actually mean? Well lets look at. The first 3 years (and every year) of Trudeau's run in office he ran 3 large deficits to grow the economy. By how much did we grow? GDP annual growth from 2016-2018 was 1%, 3.04% and 2.78% (I'll even add in 2019 at 1.89%). This actually puts every in perspective. This guy Trudeau blew up Canada's budget to max out at 3% annual growth and his economy was in a decline before covid. That's why he needs to go. No, Canada was not on a high.
And that's why the economy is struggling right now. Justin's economic growth policies are not based around corporate investment, it's Gov. Spending + Immigration and stir.
So trust me, you're not ignoring the facts. You don't even know them.
The GDP growth was in the middle of the pack at the end of his reign although it was first in 2008 and 2009, thanks again to the Liberal Paul Martin / Chretien Governments impressive record that they handed Harper.
spin-cycle-does-canada-s-economic-performance-really-top-the-g7-1.3178235
Now looking at your link once again Canada surpasses all the G7 Nations except by just 0.2% more than Japan in terms of inflation. We are seeing the impact of the food prices for all the G7 Nations that caused the inflation to be that high. Now let's look at the GDP growth rate between Canada and the rest of the G7 Nations.
Once again look at the so called Fiscally Responsible Conservative Govt of UK's record and see where it has tanked since the Pandemic kicked in!!
Also an "insulated" nation like Japan does not have a very good recovery numbers!!