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Justin Trudeau is Doing a Great Job


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5 minutes ago, irv said:

boring

 

Corporate Profits in Canada increased to 85116 CAD Million in the first quarter of 2019 from 84400 CAD Million in the fourth quarter of 2018. Corporate Profits in Canada averaged 34748.46 CAD Million from 1988 until 2019, reaching an all time high of 97553 CAD Million in the second quarter of 2017 and a record low of -758 CAD Million in the fourth quarter of 1992.

 
go look at the chart in the link and see profits when Trudeau took over
 
 
why so negative ONEWAY? 
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This is why RBC has so much money for ads and golf squads 

 

RBC also reported a record $12.4-billion profit on Wednesday for the year ended Oct. 31, an eight-per-cent increase over the prior year.

Even with the record earnings, the Toronto-based bank noted that it still may have extra capital it could use to try to generate more growth.

 

 

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TORONTO -- Manulife Financial Corp. posted record earnings last year as it swung to a $593-million profit in the fourth quarter.

The Toronto-based insurer says it earned $4.8 billion in net income attributable to shareholders in 2018, up from $2.7 billion in 2017 when it took a $2.8-billion charge related to U.S. tax reform and faced hurricane-relate charges.

Adjusted profits grew 23 per cent to $5.6 billion from $4.6 billion a year earlier.

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Canadian Pacific Railway Ltd. says it earned the highest adjusted per-share profits and revenues of its 137-year history last quarter, helping the country's second largest railroad to overcome the impact earlier this year from service interruptions tied to labour action.

The Calgary-based railway earned $622 million or $4.35 per diluted share for the quarter ended Sept. 30, compared with $510 million or 3.50 per share for the same period a year earlier. Its operating income hit $790 million, a 27 per cent year-over-year increase.

Adjusted earnings rose to $589 million or a record $4.12 per diluted share, two cents better than it forecast earlier this month. The earnings marked a 42 per cent leap from $2.90 per share or $422 million a year earlier, beating the expectations of analysts polled by Thomson Reuters Eikon.

 

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Canadian parts giant Magna International Inc. on Friday said fourth-quarter sales gained 4.6 percent to a record $10.1 billion on the strength of contract car assembly, but pre-tax income fell 21 percent to $607 million as the company continued to ramp up investments in electric and autonomous vehicles.

Magna reports its earnings in U.S. currency.

Magna’s net income for the quarter was $456 million, down 18 per cent over the same quarter last year.
The supplier in the fourth quarter benefited from new launches by automakers Jaguar Land Rover and Daimler AG.

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2 minutes ago, 1trailmaker said:

boring

 

Corporate Profits in Canada increased to 85116 CAD Million in the first quarter of 2019 from 84400 CAD Million in the fourth quarter of 2018. Corporate Profits in Canada averaged 34748.46 CAD Million from 1988 until 2019, reaching an all time high of 97553 CAD Million in the second quarter of 2017 and a record low of -758 CAD Million in the fourth quarter of 1992.

 
go look at the chart in the link and see profits when Trudeau took over
 
 
why so negative ONEWAY? 

So you are personally doing better because of that? :dunno:

https://www.bnnbloomberg.ca/economics/video/canada-s-economy-will-see-next-to-no-growth-economist~1642433

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Economy bad I hope it picks up

“We pass them on to locally owned and operated co-ops across Western Canada, which in turn pass much of their profit on to their own members and reinvest the rest in their local operations and communities,” said FCL CEO Scott Banda in a statement.

FCL said $789 million is being returned to 170 co-operatives – $630 million in cash and the remainder in additional share capital.

Banda said 2018 was an exceptional year, but is not expected to be repeated in 2019.

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Wage growth is on the horizon as Canada’s economy rebounds from weak oil prices and a decelerating housing market in the second quarter of 2019, predicts a senior Bank of Canada official.

In a speech on Thursday, deputy governor Carolyn Wilkins referred to a “puzzling” absence of wage gains in light of tightness in a labour market where worker shortages are at the highest level since the Great Recession.

Job vacancies are on the rise, she said, currently topping 550,000. Last year, the economy added a net 163,000 full-time positions. Unemployment fell to 5.6 per cent, a historic low. And the participation rate for prime-age workers (aged 25 to 54) was around 87 per cent, near its all-time high.

“If that sounds positive, it’s because it is,” Wilkins told a lunch audience at the Toronto Board of Trade. “Wage growth has picked up considerably to average about 2.5 per cent in 2018, compared with two per cent over the past five years. But we are still shy of what one would expect in a tight labour market.”

 

 

OTTAWA — Wage growth hit its highest level in nearly six years last month as the economy posted a net loss of 1,100 jobs and an unemployment rate that held steady at 5.8 per cent.

Statistics Canada's latest jobs report shows wages in April were up 3.6 per cent compared with a year ago, the largest increase since October 2012.

The indicator, which is closely monitored by the Bank of Canada ahead of its interest-rate decisions, posted an annual increase of 3.3 per cent in March.

 

 

 

 

NO PREDICTIONS JUST FACTS IRV

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Consumer Confidence in Canada increased to 56.76 Index Points in June from 53.71 Index Points in May of 2019. Consumer Confidence in Canada averaged 53.47 Index Points from 2010 until 2019, reaching an all time high of 57.05 Index Points in November of 2018 and a record low of 46.80 Index Points in February of 2016.

https://tradingeconomics.com/canada/consumer-confidence

 

 

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Consumer Spending in Canada increased to 1177409 CAD Million in the first quarter of 2019 from 1167391 CAD Million in the fourth quarter of 2018. Consumer Spending in Canada averaged 586547.64 CAD Million from 1961 until 2019, reaching an all time high of 1177409 CAD Million in the first quarter of 2019 and a record low of 182407 CAD Million in the first quarter of 1961.

https://tradingeconomics.com/canada/consumer-spending

 

 

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I guess this Prediction is wrong :lol: 

Consumer spending on track for worst year in decade, says National Bank

A slowing Canadian economy will result in consumer spending falling to its lowest level in a decade this year, according to a new report from the National Bank of Canada. 

Economists at the bank expect real consumption growth — which is calculated once the impact of inflation is stripped out — to hit 1.3 per cent in 2019, which would be the lowest since 2009 when it fell to 0.2 per cent amid the global financial crisis.

https://www.cbc.ca/news/business/consumer-spending-consumption-canada-1.5006343

 

but its hit record spending :lol: 

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You should pick current, up to date news bits, Trail. :news:  Again, how is this benefiting you and what exactly does this have to do with the middle class being better off under Trudeau? 

Canada's economy grew at 0.4% pace to start 2019, barely ahead of late 2018 pace May 31, 2019

Canada's economy expanded at an annualized pace of just 0.4 per cent in the first three months of the year, giving the country its weakest back-to-back quarters of growth since 2015.

 

It was the slowest two-quarter stretch of growth since an oil-price plunge caused the economy to shrink over the first half of 2015.

Canada also saw a substantial contraction of 9.5 per cent in its exports of farm and fishing products as well as a 2.8 per cent drop in crude-oil shipments.

And CBC again. Go figure.

https://www.cbc.ca/news/business/canada-economy-gdp-1.5157146

 

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5 minutes ago, irv said:

You should pick current, up to date news bits, Trail. :news:  Again, how is this benefiting you and what exactly does this have to do with the middle class being better off under Trudeau? 

Canada's economy grew at 0.4% pace to start 2019, barely ahead of late 2018 pace May 31, 2019

Canada's economy expanded at an annualized pace of just 0.4 per cent in the first three months of the year, giving the country its weakest back-to-back quarters of growth since 2015.

 

It was the slowest two-quarter stretch of growth since an oil-price plunge caused the economy to shrink over the first half of 2015.

Canada also saw a substantial contraction of 9.5 per cent in its exports of farm and fishing products as well as a 2.8 per cent drop in crude-oil shipments.

And CBC again. Go figure.

https://www.cbc.ca/news/business/canada-economy-gdp-1.5157146

 

It is amazing how well we are doing without the high crude prices, something is working besides everyone

no negatives since Harper's is good IMO :dunno: just over 13 Q's

you want constant growth?  not possible 

 

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1 hour ago, Tinker said:

What a humiliating sight, the laughing stock of the world

Without a doubt! :sad:

 

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Scheer basically says Trudope will say this and say that right in front of Trudope, and low and behold, Trudope says those things!! :lol:

 https://www.thepostmillennial.com/watch-scheer-predicts-exact-talking-points-trudeau-will-use-trudeau-then-uses-them/

 

Edited by irv
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2 hours ago, irv said:

Harper basically says Trudope will say this and say that right in front of Trudope, and low and behold, Trudope says those things!! :lol:

 https://www.thepostmillennial.com/watch-scheer-predicts-exact-talking-points-trudeau-will-use-trudeau-then-uses-them/

 

Just curious why you think if Andrew Scheer is sued for something HE said, why would Trudeau have to testify :dunno:  that isn't how the law works 

 

so dumb but hey you buy it 

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2 hours ago, 1trailmaker said:

Just curious why you think if Andrew Scheer is sued for something HE said, why would Trudeau have to testify :dunno:  that isn't how the law works 

 

so dumb but hey you buy it 

What's the matter with you??? Trudope threatened to sue Scheer 74 days ago yet no lawsuit from Trudope. :snack:

Is that really that hard for you to understand?  :wacko: Oh yeah, I almost forgot. Another Harper dig. :lol:

"Things are getting pretty bad for Trudeau in the rhetorical department when his exact talking points can be predicted ahead of time by his top opponent.

It’s also pathetic that he couldn’t think of anything else to say, couldn’t think on his feet, and just said what was on the page in front of him"

Truv.jpeg

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17 minutes ago, irv said:

What's the matter with you??? Trudope threatened to sue Scheer 74 days ago yet no lawsuit from Trudope. :snack:

Is that really that hard for you to understand?  :wacko: Oh yeah, I almost forgot. Another Harper dig. :lol:

"Things are getting pretty bad for Trudeau in the rhetorical department when his exact talking points can be predicted ahead of time by his top opponent.

It’s also pathetic that he couldn’t think of anything else to say, couldn’t think on his feet, and just said what was on the page in front of him"

Truv.jpeg

I believe Scheer stopped talking his shit :dunno:  pretty sure that is it

 

still don't know why Trudeau would have to testify - just seems dumb for a leader to be so wrong 

 

 

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Just now, 1trailmaker said:

I believe Scheer stopped talking his shit :dunno:  pretty sure that is it

 

still don't know why Trudeau would have to testify - just seems dumb for a leader to be so wrong 

 

 

Who's talking about testifying? Oh, that's right, you, as you like to move the goal posts and take the topic off topic. 

What's your thoughts on Trudope's empty threat to sue him???? 74 days and still nothing. :news:

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