Canada moves to 2% GDP end of FY25/26 - PMMC

[Good2Golf]

Matt Winkler, Bloomberg’s Editor-in-Chief’s take on Canada’s economic performance relative to other nations:

Jay (@the.dive.feed) on Threads

Bloomberg Editor-in-Chief Matt Winkler says Canada has outperformed the U.S., Eurozone, and global markets since Mark Carney became Prime Minister in March 2025.

www.threads.com

Edit to add alternate link:

116K views · 1.9K reactions | Share this far and wide with your Conservative death cultists or Maple MAGA friends who wish and hope Canada fails . On Bloomberg podcast today, per Matt Winkler, Editor In Chief. This is one of the greatest periods

Share this far and wide with your Conservative death cultists or Maple MAGA friends who wish and hope Canada fails . On Bloomberg podcast today, per Matt Winkler, Editor In Chief. This is one of...

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[Halifax Tar]

Matt Winkler, Bloomberg’s Editor-in-Chief’s take on Canada’s economic performance relative to other nations:

Jay (@the.dive.feed) on Threads

Bloomberg Editor-in-Chief Matt Winkler says Canada has outperformed the U.S., Eurozone, and global markets since Mark Carney became Prime Minister in March 2025.

www.threads.com

I mean gas went down this week... Woo hoo!

 

[Good2Golf]

https://www.reuters.com/world/americas/canada-posts-monster-jobs-gain-july-unemployment-rate-hits-two-year-low-2026-08-07/

Reproduced below under the Canada Fair Dealings Act:

Canada posts monster jobs gain in July, unemployment rate hits two-year low

Canada's economy added far more jobs in July than expected and the unemployment rate dropped to a two-year low, data showed on Friday, in another sign the economy is ‌coping with U.S. tariffs and international tensions.

Statistics Canada said employment had jumped by 75,100 positions on strong gains in both the full-time and part-time sectors. The jobless rate fell for the third consecutive month, dipping from 6.5% to 6.4%, a level last seen in July 2024.

Analysts polled ⁠by Reuters had forecast a net gain of 16,500 positions and estimated the jobless rate would remain at 6.5%.”

July's blowout follows the creation of 87,800 jobs in May.

The Bank of Canada said on July 15 that there were clear signs the economy was dealing better with the challenges posed by U.S. President Donald Trump's tariffs and the uncertainty caused by the Middle East conflict.

It predicted annualized second quarter growth would hit 2.5% after stalling earlier in ‌the ⁠year. Preliminary Statscan data issued later that month showed the second quarter gain was likely to be closer to 3.4%.

In July, full-time employment increased by a net 38,600 jobs while part-time employment rose by 36,600 positions.

Gains were focused on the private ⁠sector, with strength in wholesale and retail trade, finance and insurance, and professional and scientific services. Public sector jobs fell by 14,500 amid an official bid to cut ⁠government spending.

The average hourly wages of permanent employees, a metric closely tracked by the central bank to gauge inflation expectations, grew 3.0% in July, ⁠up from 3.7% in June.

This was the lowest since the 2.8% year-on-year increase recorded in February 2022.”

 

[Czech_pivo]

Matt Winkler, Bloomberg’s Editor-in-Chief’s take on Canada’s economic performance relative to other nations:

Jay (@the.dive.feed) on Threads

Bloomberg Editor-in-Chief Matt Winkler says Canada has outperformed the U.S., Eurozone, and global markets since Mark Carney became Prime Minister in March 2025.

www.threads.com

He’s not lying.
Tough to hear that we are doing better than others. Better that we still better our chests and say ‘oh woe is me.’

 

[daftandbarmy]

Well, that figures...

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[Underway]

Are those metrics directly related to health care results? I don't know.

Either way this is not a Canada discussion this is a provincial discussion. Federal gov't only throws money to the prov's. Complain to your MPP not your MP people!

 

[childs56]

Are those metrics directly related to health care results? I don't know.

Either way this is not a Canada discussion this is a provincial discussion. Federal gov't only throws money to the prov's. Complain to your MPP not your MP people!

MPP is a term that was and or currently used in lower Canada and Quebec.
Elsewhere they are referred to MLAs or MHA in NFL and Labrador and currently MNA in Quebec.

I had to look up the term MPP to male sure I understood the context.

Most of provincial and territorial healtcare are regulated by the federal health act. It would fall on both federal and provincial/territorial to work on fixing the concerns and issues.
If it was one province or area them things might be different. We have major issues across the country that need to be addressed.

 

[Halifax Tar]

Well, that figures...

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View this content on Instagram

And yet we hang on to this model with a death grip. Like its the core of our identity.

Are those metrics directly related to health care results? I don't know.

Either way this is not a Canada discussion this is a provincial discussion. Federal gov't only throws money to the prov's. Complain to your MPP not your MP people!

Ill believe that when federal parties stop campanging on it.

Look, there's the way things are and the way thing should be. They often don't merry up.

 

[ArmyRick]

Are those metrics directly related to health care results? I don't know.

Either way this is not a Canada discussion this is a provincial discussion. Federal gov't only throws money to the prov's. Complain to your MPP not your MP people!

No, the Liberals had several health care campaign promises last election (Expanding the workforce, committing more money to infrastructure, system modernization, targeted funding to certain healthcare aspects, etc), so the federal government is taking partial ownership for it and therefore has a role.

 

[daftandbarmy]

Are those metrics directly related to health care results? I don't know.

Either way this is not a Canada discussion this is a provincial discussion. Federal gov't only throws money to the prov's. Complain to your MPP not your MP people!

The Canada Health Act enters the chat...

About the Canada Health Act​

The Canada Health Act is Canada's federal legislation for publicly funded health care insurance. Under the act, eligible residents of Canada must have reasonable access to required health services. The services are to be provided on the same terms and without patient charges.

The act sets out the criteria and conditions for the coverage of insured health services and extended health care services. The provinces and territories must meet these conditions to receive their full federal cash contribution under the Canada Health Transfer. Failing to meet these conditions could result in deductions to their transfer payments.

Read about Canada Health Transfer deductions and reimbursements.

Insured health services include medically necessary hospital, physician and certain surgical-dental services. Extended health care services include certain long-term care services like nursing home care and adult residential care.

Learn more about publicly funded health insurance coverage.

About the Canada Health Act - Canada.ca

Canada Health Act overview and links to annual reports and other resources related to the Act

www.canada.ca