Canada's GDP slipped lower in February, suggesting growth is slowing quickly. Read more

Canada’s GDP slipped lower in February, suggesting growth is slowing quickly. Read more

  • nbaileyEnglish
    38·
    2 months ago

    Wow, you mean tying our entire nation’s success to a speculative real estate market was a bad idea?

  • lemmyngEnglish
    22·
    2 months ago

    Remember it’s the Financial Post. Gotta take things they say with a heaping pile of salt.

      • Victor Villas
        8·
        2 months ago

        CBC’s headline (“Canadian economy grew 0.2% in February”) is factual - though I’d prefer if they just said GDP instead of “economy”

        “Canada’s economy is losing momentum” is an unqualified statement so it can’t be factual - it doesn’t mention the measurement, aggregation bucket or the comparison baseline. It’s falsifiable but still quite subjective, because if you measure at a quarter-level analysts called it “decent”. Their opening paragraph is more objective than the headline:

        The Canadian economy lost momentum in February as it grew at a slower pace than both analyst expectations and Statistics Canada’s previous prediction

        And if you yank out the unnecessary subjective addition:

        The Canadian economy grew in February at a slower pace than both analyst expectations and Statistics Canada’s previous prediction

        You can see how that would have made a more factual but less dramatic headline

        Canada’s economy grew in February less than predictions

  • jlow (he/him)@beehaw.org
    111·
    2 months ago

    Yes, and that’s obviously BAD because infinite growth must be sustained at all costs (e.g. the cost of the entire planet).