U.S. economy BOOMS as Canada falls behind

The U.S. and Canadian economies are moving in sharply different directions.

New U.S. data shows the American economy grew at a blistering 4.3% in the third quarter, far exceeding expectations. Consumer spending surged and private-sector job growth remained strong, even as government payrolls declined — a combination economists credit for driving the expansion.

Canada, by contrast, is contracting.

Statistics Canada reports the economy shrank 0.3% in October, the largest monthly decline in nearly three years, driven by weakness in manufacturing and rising costs. Grocery prices remain elevated, and Canada’s per-capita economic growth since 2016 now ranks among the worst in the G7.

The widening gap comes as trade tensions with the U.S. remain unresolved. Senator John Kennedy urged Prime Minister Mark Carney to eliminate tariffs on American goods and challenge Washington to do the same — arguing that zero tariffs would immediately end the dispute.

Ottawa has shown no willingness to budge. The Carney government has ruled out changes to supply management, including dairy protections, and signalled it will not repeal Canada’s online-streaming regulations — both key U.S. demands ahead of 2026 trade negotiations.

With the U.S. economy accelerating and Canada sliding toward stagnation, many fear Ottawa is heading into high-stakes trade talks from a position of growing weakness.
———————————————————————————

SUBSCRIBE to Juno News - https://www.junonews.com/subscribe

Share us online and spread the word!

FACEBOOK - https://www.facebook.com/junonewscom
TWITTER - https://x.com/junonewscom
RUMBLE: https://rumble.com/user/JunoNews
———————————————————————————

An original video production by Juno News. Receive SMS online on sms24.me

Watch on YouTube

Subscribe on YouTubeReaderBot

TubeReader video aggregator is a website that collects and organizes online videos from the YouTube source. Video aggregation is done for different purposes, and TubeReader take different approaches to achieve their purpose.

Our try to collect videos of high quality or interest for visitors to view; the collection may be made by editors or may be based on community votes.

Another method is to base the collection on those videos most viewed, either at the aggregator site or at various popular video hosting sites.

TubeReader site exists to allow users to collect their own sets of videos, for personal use as well as for browsing and viewing by others; TubeReader can develop online communities around video sharing.

Our site allow users to create a personalized video playlist, for personal use as well as for browsing and viewing by others.

@YouTubeReaderBot allows you to subscribe to Youtube channels.

By using @YouTubeReaderBot Bot you agree with YouTube Terms of Service.

Use the @YouTubeReaderBot telegram bot to be the first to be notified when new videos are released on your favorite channels.

Look for new videos or channels and share them with your friends.

You can start using our bot from this video, subscribe now to U.S. economy BOOMS as Canada falls behind

What is YouTube?

YouTube is a free video sharing website that makes it easy to watch online videos. You can even create and upload your own videos to share with others. Originally created in 2005, YouTube is now one of the most popular sites on the Web, with visitors watching around 6 billion hours of video every month.