Soaring economy trumps U.S.. — Canada’s economy blasted through the second quarter at a rate four times faster than its U.S. counterpart, as Canadian companies and consumers both contributed to increased spending.The country’s gross domestic product, the measurement of all goods and services produced, powered ahead at a 4.3-per-cent annual rate in April, May and June, continuing Canada’s surprisingly strong showing against the United States.
The headline is misleading. Later in the story it tells the truth, which was that April was great, but May and June slowed to a crawl.
The National Post has a slightly different take — it’s all about consumer confidence, in their opinon. Americans lack Canadians’ confidence.
Alec Saunders is the Vice President of Developer Relations for BlackBerry make Research in Motion. This is his personal blog, with his personal viewpoints. Prior to this Alec was the CEO and co-founder of Calliflower — the easiest way to hold a meeting, online, on a conference call, or on the go. A double-decade veteran of product management and marketing, he spent nine years at Microsoft where he helped launch Windows 95, the first two versions of Internet Explorer, the Universal Plug and Play initiative, the push into home markets, opt-in email marketing and what might well go down in history as the very first direct email list ever.
