Canada’s GDP Is Stalling: Why 1% Growth, High Taxes, and Rate Hesitation Are Affecting Productivity скачать в хорошем качестве

Canada’s GDP Is Stalling: Why 1% Growth, High Taxes, and Rate Hesitation Are Affecting Productivity

Canada’s economic growth is barely moving, and mediocrity is becoming the norm. In this episode of The Allan Small Financial Show, Allan breaks down Canada’s weak GDP numbers, the Bank of Canada’s reluctance to cut interest rates, and why high taxes are making Canada less competitive than the United States. With manufacturing and housing under pressure, Allan asks a tough question: why are we settling for just “okay” when other countries are pushing for growth? Thank you for watching. Please check out the full show on my YouTube channel. Don't forget to click the subscribe button and notification bell to get notified on my latest YouTube videos. Do you have a question about investing? Feel free to call me at 416-332-3863 or email me at allan@allansmall.com 0:00 – Bank of Canada holds rates: what’s really changed? 0:56 – The next U.S. Fed Chair and why rate cuts matter 1:23 – GDP chart breakdown: too many red months 2:01 – Is Canada’s economy actually doing well? 2:24 – Why “mediocre” growth shouldn’t be acceptable 3:27 – David Rosenberg’s recession warning 4:02 – Canada vs. the U.S.: growth, inflation, and competitiveness 5:02 – U.S. tax cuts vs. Canada’s approach 5:50 – Interest rate history and missed opportunities 6:31 – Why tax cuts matter more than token reductions 7:09 – Canada vs. U.S. marginal tax rates explained 7:53 – Can Canada stay competitive at current tax levels? 8:25 – Final thoughts: GDP stagnation and the need for action