The investor reliant tech sector is exiting the country.
Canadian resident inventors and innovators file on average 10 percent fewer applications for patents in the 5 years and last year might have filed 40 percent fewer (still waiting for that report).
Canadian technology innovators start more businesses outside of Canada than inside and that’s by a very wide margin.
Food prices are up and food sales per measured item are way down- demand for food per capita is down for the first time since 1982.
Activity in the Canadian financial sector is nose diving especially Fintech.
Real estate is I don’t know what to even call it.
Commercial construction has fallen off line. Equipment sales are tanking.
Equipment repairs are flattening because parts are expensive relative to declining incomes and profit margins.
Canadians start more business outside of the country than in it.
I mean it’s good for me and probably a lot of you but not a good place to be a young man or woman looking to start a career, especially to start a business.
If you take out business that receive no touch point with government subsidies or procurement then it is in serious decline.
A situation that did not exist 12 years ago with another US President who had a Buy American fetish.
Almost all of Canadas economic problems existed prior to Donald Trump. He just lit the match, or keeps threatening to anyway.
People looking to Carney to solve that are few and far between because he can’t until the whole economy crashes. Best he can do is life support it for a while. That’s why he keeps talking about “sacrifices”. Not his sacrifices - those are for other people.