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priorconfirmed.bsky.social
Canada shill. Economic stuffs
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Fantastic GDP report just dropped! A whole ton of upward revisions, GDP per capita started rising all the way back in Q2 2024! Productivity emergency folks can't stop losing! *Q4 population numbers aren't out yet so I had to infer.

submitted 15 hours ago • 2 comments

New Fiscal Reference Tables dropped in December 2024. Gonna whip up a chart this afternoon! www.canada.ca/en/departmen...

submitted 13 days ago • 1 comment

Post from over on Twitter: OECD revised up Canada's GDP per capita (PPP) by 4.3% in 2023. Ahh feels good... my unyielding defense of the Canadian economy is really starting to payoff! The productivity emergency folks are looking sillier and sillier by the day!

submitted 8 days ago • 0 comments

This was just released. They calculate the % of before tax median household income spent on housing + transportation for metro areas. This data is pretty shocking. Almost seems unreal? People are spending more in Calgary on H+T than in Toronto? Is housing affordability in Cal obscured by T cost?

submitted 8 days ago • 1 comment

Alright there you go, household debt to disposable income going all the way back to 1961 instead of just 1990-Present! I had to link a different data set (which was terminated in 2011) to the current one to do this. These two measures are fully comparable.

submitted 14 days ago • 1 comment

If anyone has seen this chart before it's wrong btw. Already debunked it on Twitter, now you get to see it debunked here ;)

submitted 15 days ago • 1 comment

Here's Canada's refined product sector. We basically produce what we use, with exports and imports on the margin for most products.

submitted 26 days ago • 1 comment

The recent CD Howe study arguing to push people out of big cities and into midsized cities had obvious, serious errors. Now it's been picked up by the most shameless anti-growther in Canadian media. vancouversun.com/opinion/colu...

submitted 29 days ago • 11 comments

Hey @jensvb.bsky.social I thought you'd "enjoy" this piece. This was written by an economist btw and published by CD Howe??? cdhowe.org/publication/...

submitted 37 days ago • 2 comments

'How Bad For The Environment Can Throwing Away One Plastic Bottle Be?' 30 Million People Wonder theonion.com/how-bad-for-...

submitted 54 days ago • 106 comments

Polimeter is an independent initiative developed by political scientists that tracks how well the Justin Trudeau government is living up to its promises. Visit www.polimeter.org/en/trudeau #cdnpoli

submitted 68 days ago • 8 comments

The biggest ticket item in the FES is the extension of the Accelerated Investment Incentive. This is a huge deal. This allows companies to save taxes when they invest, and only when they invest. It will cost $17.9B in foregone revenue over the next 6 fiscal years.

submitted 74 days ago • 1 comment

Looks like the FES is going ahead? Well, here are a few pre-FES charts using data from Budget 2024. Note that there was a *major* GDP revision on Nov 29th for the 2021-2023 years. Added +45B to 2023 GDP, so that's going to change some things for key ratios. www150.statcan.gc.ca/n1/daily-quo...

submitted 74 days ago • 3 comments

This thread has been invaded by insane communist luddite people 😄 bsky.app/profile/afin...

submitted 76 days ago • 0 comments

I would invite everyone who is deflating wages to use the household final consumption expenditure price index (the equivalent of the US PCE price index) rather then the CPI. Unfortunately Canada does not have a chained CPI.

submitted 77 days ago • 1 comment

Setting aside the temp situation, the actual immigration system is doing very VERY well! People used to immigrate and earn much less than the overall median earner but they would converge over time, but now they converge immediately! I'm sure you'll like this graph a lot @denis.trailin.ca

submitted 81 days ago • 1 comment