Trudeau/Freeland portraying the .25% interest rate drop as a clear sign Canada’s economy is ‘strong’ (other than unemployment increasing to 6.4% overall and 11%+ in the 20-24yr old bracket, and per capita GDP dropping…)
Unemployment is surging, especially among younger Canadians. Average household consumption is falling. So why are the Liberals bragging?
apple.news
At this point, I think they continue the charade simply because...
a) There is an election coming up in just over a year & they think Canadians still believe the news they hear is true
(sadly, I know a few people - even in my own family - that take the news at face value and are incredibly slow to realize when it's just blatantly wrong...)
b) they are so out of touch with reality, and have surrounded themselves with so many "yes people" that they are only provided with information that confirms the bias that things are going great, while negative information is either withheld or minimized when staff brief the senior beaurucrats
c) they are well aware of the dumpster fire they've created, and just trolling the public when telling us how great everything is - knowing full well that we know full well that it isn't
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When you have an entire economy based on our abundance of natural resources, and one essentially says that they won't be approving many permits at all to industries based on those natural resources...it doesn't take a real genius to figure out that as those thousands of jobs dry up, all of the families that relied on those jobs will be worse off.
And then let's add a massive population growth (several million in just a few years) and THEN let's add all of those temporary foreign workers to come in and work for less than what they'd have to pay Canadians. And then let's add a bunch of taxes so we can basically leave people 'just enough' to kind of survive, but not enough to really thrive...
Regardless of what one reads from almost any media source, it doesn't take much brainpower to recognize that things won't be going that well - the fact that there are people out there who still somehow believe we're doing better than almost anybody else in the G7 is embarrassing/frustrating.
(Captain Picard facepalm type of frustrating)