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Canajun FinancesMy personal views and rants on home finances with a Canadian Perspective |
Canadian Economy Chugs Along
Easy to say, but we have been positive leading indicators for the past two years, which reinforces the statement that the Canadian economy is doing quite well thank you very much.
Higher stock prices, continued consumer spending being positive and the manufacturing business recovering (thanks to an increase in US demand), means good things for Canada for now.
Keep up the good work Canadian worker!
Another Stats Canada posting points out that Car prices in Canada continue to rise (for the fifth year in a row). Must mean a strong demand, since you can't raise prices on things nobody wants (I learned that at ECON 101).
Canadians continue to buy North American, but we also continue our trend towards buying cars from overseas manufacturers as well (at about 33% of all passenger cars bought now). Given Toyota is now the leading manufacturer in the world, wonder what that means? Are Toyota's built in Canada counted as a car manufactured overseas? I think so, which is interesting.
Drop by the Big Cajun Reading Room
- Younger Rural Home Owners?
- Happy Black Monday Anniversary
- Flash: Inflation In September At 2.5%
- Get Off The Throne Will Ya?
- University Costs Holy Crap!
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