Canada’s GDP slipped lower in February, suggesting growth is slowing quickly. Read more
- nbailey ( @nbailey@lemmy.ca ) English26•5 months ago
Wow, you mean tying our entire nation’s success to a speculative real estate market was a bad idea?
- henfredemars ( @henfredemars@infosec.pub ) English18•5 months ago
What do you mean? A few wealthy individuals made a lot of money. Raging success.
- lemmyng ( @lemmyng@lemmy.ca ) English17•5 months ago
Remember it’s the Financial Post. Gotta take things they say with a heaping pile of salt.
- ag_roberston_author ( @ag_roberston_author@beehaw.org ) English4•5 months ago
True, but at least the headline is completely factual and it’s statistics. The numbers comes from Statistics Canada, which is impartial.
Here’s a CBC article reporting the same: https://www.cbc.ca/news/business/canadan-gdp-february-1.7189053
- Victor Villas ( @villasv@lemmy.ca ) 8•5 months ago
CBC’s headline (“Canadian economy grew 0.2% in February”) is factual - though I’d prefer if they just said GDP instead of “economy”
“Canada’s economy is losing momentum” is an unqualified statement so it can’t be factual - it doesn’t mention the measurement, aggregation bucket or the comparison baseline. It’s falsifiable but still quite subjective, because if you measure at a quarter-level analysts called it “decent”. Their opening paragraph is more objective than the headline:
The Canadian economy lost momentum in February as it grew at a slower pace than both analyst expectations and Statistics Canada’s previous prediction
And if you yank out the unnecessary subjective addition:
The Canadian economy grew in February at a slower pace than both analyst expectations and Statistics Canada’s previous prediction
You can see how that would have made a more factual but less dramatic headline
Canada’s economy grew in February less than predictions
- jlow (he/him) ( @jlow@beehaw.org ) 11•5 months ago
Yes, and that’s obviously BAD because infinite growth must be sustained at all costs (e.g. the cost of the entire planet).
- Nik282000 ( @nik282000@lemmy.ca ) 5•5 months ago
LINE MUST GO UP