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Economists explode on Twitter over Canada’s “atrocious” new numbers

Statistics Canada data released Friday show our economy is far more "atrocious" than expected -- and the reaction from financial experts on Twitter was explosive.

May 29, 2015

It looks like Peter MacKay may have jumped ship just in time. Statistics Canada data released Friday show our economy is far more “atrocious” than expected — and the reaction from financial experts on Twitter was explosive. 

Canadians are no strangers to hearing the Conservative government tell economic fairy tales, but the report offered a truly grim reality.

You don’t have to take our word for it. Here’s how economic experts — from economists to business reporters — reacted to the news: 

 

With economic news like this, the Conservatives may want to re-think slogans like “We’re better off with Harper.”

Photo: Flickr. Used under a Creative Commons licence.

 

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VIDEO: Watch Conservatives flip-flop on Canada Pension Plan

The Conservatives should really re-watch why they used to oppose this.

May 28, 2015

What a difference an election year makes! How quickly bad ideas can become good ideas!

For years, the Harper government railed against voluntary expansion of the Canada Pension Plan as “expensive,” “misguided” and “ineffective.” Now they’ve flip-flopped and pledged to consult Canadians on the idea!

But before they complete their flop, the Tories may want to consider watching their own arguments against the idea.

This is what they said when the Liberals proposed voluntary CPP expansion a few years back. Watch the Tories’