Bombardier Inc. T.BBD.A

RE:Headwind

[BBDB859]

As I supected. They (Bureaucrats) have no idea, why this is happening to Canada. They are just lining their pockets with cushy Government jobs, and they are as dumb, as a bag of rocks, when they see the Economy faltering. They can't figure it out. Immigration in this MANNER doesn't work. If they want to get skilled Labor? Then skilled labor, then skilled labor Immigrants have to be VET. Not bring them in because they're victims of the US wars, and Canada is their dumkping ground. The Bank of Montreal Economist in the CBC article below, & the Fraser Institute, have it right, when it comes to Immigration. A while ago here, I explained the type of Immigration that we are getting. Out of the 1M Immigrants in 2022, 250K were skilled. The rest were victims of war torn countries, or Religiously persecuted countries. Canada is the dumping ground for welfare. That's enough. Canadians that have worked in this country for 50 years plus, are getting less Govt Pensions, & Hand-outs than the newly arrived Immigrants. When are these idiot Govt's going to wake up, and stop the onslaught on the Canadian Taxpayer & hard working Companies? All of our taxes, are going to support these dumb Immigration policies. The cost of Food, the cost of Transportation, the cost of Housing, the cost Welfare, the cost of Healthcare, are all taking their toll on Canadians. If these Govt's don't stop stealing & Taxing these profitable Companies soon? This Immigration party will be over very quickly. 

Thanks for this article Snowey.



“Whatever label you slap on this economy, it’s basically not growing, despite the artificial sweetener of rapid population growth,” he told CBC News. “The big picture is that the Canadian economy is struggling to grow, yet managing to just keep its head above recession waters.”
The question is: how does a country with so much potential and a massive resource endowment end up lagging behind its peers? The answer is simple: Canada’s federal government is run by economic neophytes.
On Nov. 21, Finance Minister Chrystia Freeland boasted that, “Canada is now a global investment destination of choice … and the IMF projects Canada to likewise see the strongest economic growth in the G7 next year.”
But the most recent IMF projection is that U.S. GDP will increase by 2.1 per cent in 2023, but Canada’s will only grow by 1.3 per cent.
As for being the “investment destination of choice,” the figures show otherwise. Net foreign direct investment (FDI) plummeted throughout much of the Liberals’ first term. According to figures from the World Population Review, last year, the U.S. led the world, with net FDI inflows of $388 billion, followed by China ($180 billion), Singapore ($141 billion), Hong Kong ($121 billion), France ($105 billion), Brazil ($92 billion), Australia ($67 billion) and Canada ($54 billion).
Canada’s economic prospects are not so rosy, either. In its summary of an IMF report released over the summer, the Fraser Institute noted: “Expanding the population and workforce does increase the size of the economy, but the IMF observes that it’s ‘not a recipe for growing per capita income or living standards.’

Snowey wrote: So, majority of stock owners of BBD are Canadian. And how is Canada doing?
Came across this article this morning.

Diane Francis: Canada in deep economic trouble
Mon, December 4, 2023
 
Canada remains a chronic underachiever. Our economy contracted by 1.06 per cent quarter-over-quarter in the third quarter, while the United States economy grew by 5.2 per cent. The European Union and Australia also saw modest economic growth.
We may not technically be in a recession yet, but the picture isn’t looking good, according to Bank of Montreal economist Doug Porter.
“Whatever label you slap on this economy, it’s basically not growing, despite the artificial sweetener of rapid population growth,” he told CBC News. “The big picture is that the Canadian economy is struggling to grow, yet managing to just keep its head above recession waters.”
The question is: how does a country with so much potential and a massive resource endowment end up lagging behind its peers? The answer is simple: Canada’s federal government is run by economic neophytes.
On Nov. 21, Finance Minister Chrystia Freeland boasted that, “Canada is now a global investment destination of choice … and the IMF projects Canada to likewise see the strongest economic growth in the G7 next year.”
But the most recent IMF projection is that U.S. GDP will increase by 2.1 per cent in 2023, but Canada’s will only grow by 1.3 per cent.
As for being the “investment destination of choice,” the figures show otherwise. Net foreign direct investment (FDI) plummeted throughout much of the Liberals’ first term. According to figures from the World Population Review, last year, the U.S. led the world, with net FDI inflows of $388 billion, followed by China ($180 billion), Singapore ($141 billion), Hong Kong ($121 billion), France ($105 billion), Brazil ($92 billion), Australia ($67 billion) and Canada ($54 billion).
Canada’s economic prospects are not so rosy, either. In its summary of an IMF report released over the summer, the Fraser Institute noted: “Expanding the population and workforce does increase the size of the economy, but the IMF observes that it’s ‘not a recipe for growing per capita income or living standards.’