Canada posted a 0.6% growth in GDP in January, the largest such gain since 2013 ( and fourth positive month in a row ). Most Canadian analysts were happy with the breadth of the improvement. This would tend to suggest that the frequent obsessions with recessions coming soon in North America on here are greatly exaggerated at this point. Remember, this includes the stagnant Oil sector in Alberta, which is a drag on the numbers. http://www.cbc.ca/news/business/january-gdp-economy-1.3514012
Analysts can only be happy about these numbers, From a world that fear recessions, depressions. 0.6% is nothing in itself ... That's merely flat. Greatly exaggerated ? ... It's recession. It's called Growth Recession. At least. There's no Growth. And that's a problem. As everywhere else. Right now we face a problem. We need to borrow far more than before, To achieve what ? 0.6% Growth. We're doomed. Knowing that from this number, 80% went to 20% of the population. Peanuts for the majority. Even worse. Less Jobs, Higher Debts ...