Canada's Q3 annualized GDP surprises with growth of 2.6%, avoiding a technical recession. OK, but here's the twist.

[DesRicardo]

https://www.cbc.ca/news/business/canada-gdp-q3-2025-9.6995959

https://www.reuters.com/world/americas/canadas-third-quarter-annualized-gdp-surprises-with-growth-26-2025-11-28/

 

[DesRicardo]

Ok but here's the twist.

 

[Frankfooter]

Yet Ontario is failing, manufacturing is down to levels last seen in 1976 and there are 800,000 unemployed in the province.
Youth unemployment is around 19%

https://twitter.com/i/web/status/1993800452757238131

 

[DesRicardo]

We are going into scary times. Government spending is not growth.

Carney is worse than Trudeau.

 

[Frankfooter]

We are going into scary times. Government spending is not growth.

Carney is worse than Trudeau.

But we've had cuts in Ontario, cuts to education, health care, social services and DoFo has killed rent control and let businesses do what they want if they donate directly to him. His dentist got $2 million in retraining money for a $20k donation.

Now we've got 800,000 unemployed and 1 million people reliant on food banks while Ontario's debt gets massively bigger.
Cuts just make things worse.

https://www.cbc.ca/news/canada/kitchener-waterloo/2025-hunger-report-feed-ontario-food-bank-use-1-million-users-rise-9.6997356