Canadian Personal Finance Blog

So we can all guess where the most economic growth was in 2006 (hint: Starts with AL ends with BERTA), no surprise there, if the Americans don’t annex it, Alberta could be a member of OPEC by itself.

Who is #2? For those of you who said Ontario, please sit down, and for the rest of you, give up, because it was Nunavut (so it was a trick question, since Nunavut is a Territory). I guess having diamond mines and natural resources doesn’t hurt your economy, now does it?

British Columbia is the #2 province, construction, Olympics and trees are the three key words there.

Again, Canada is doing well, take a bow Canadian Worker!

Leading indicators for March are up 0.4% and if you view that with the 0.7% increase from the month before, I’d say we are seeing a trend?

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.