Wednesday, April 6, 2011

Canada Leading OECD in Growth.. and don't forget to vote for Charlie Sheen!

Well.

I'm on my way to do battle with the big bad Alberta Government - going into a wrongful dismissal discovery.. so not much time to post.


I will offer this article for your consideration, however, respecting the current state of Canadian affairs under the Harper government, from today's Ottawa Citizen:
Canada to lead growth, says OECD


Canada is set to lead all Group of Seven countries in real GDP growth in the first half of 2011, said the Organization for Economic Co-operation and Development Tuesday in an interim economic outlook.

The OECD said it is now more confident that the global recovery is becoming entrenched, as data has exceeded its previous expectations from just a few months ago. Business investment and exports are driving this recovery, the Paris-based group added.

“The outlook for growth today looks significantly better than it looked a few months back,” said Pier Carlo Padoan, OECD chief economist.

In an analysis of G7 countries, Canada leads the pack – as it expects annualized first-quarter GDP growth of 5.2% and 3.8% in the April-to-June period, besting projections from its peers. In its last full economic forecast in November, the OECD had forecast that Canada would record annualized growth of 2.4% in the first quarter and 2.6% in the second.

Economists say Canada is on track for first-quarter growth in the 4%-plus range after a strong January report.

P.S. - dont' forget to vote for your favorite to add to the Leaders' Debate.

2 comments:

CanadianSense said...

Not to worry our media have the back of the opposition parties. Those mean Conservatives handling of the economy does not measure up to the hope for a kinder coalition.

Michael Ignatieff is really a nice guy and he won't flip flop to become the PM. Our media had him pinky swear.

R. G. Harvie said...

Yes.

In the face of a stable ship in stormy seas, very clearly on track - we might as well replace the captain and "see how it goes"..