This analyst thinks Canada's economy will recover in 2024 | RATE CUTS BY 2025?

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  • Опубліковано 26 вер 2024
  • Deloitte's chief economist Dawn Desjardins explains why the company is predicting that the Canadian economy will recover in 2024.
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КОМЕНТАРІ • 59

  • @Elizabeth-vw1vb
    @Elizabeth-vw1vb Рік тому +21

    Only if we get rid of the clowns in Ottawa.

    • @jordancarlin9687
      @jordancarlin9687 11 місяців тому

      Oh sure . That will solve everything

    • @Elizabeth-vw1vb
      @Elizabeth-vw1vb 11 місяців тому

      @@jordancarlin9687 what's your solution then???? You like being oppressed by a narcissistic fool? Are you for real?? Perhaps you should remove those blinders.🤯

  • @TheIntuitiveBodyFoodieNetwork
    @TheIntuitiveBodyFoodieNetwork Рік тому +12

    What an absolutely absurd conversation. While it might help price pushers to ease off pushing higher prices, the damage of a much higher cost of living has already been established and set in stone. And yet I don't see a huge jump in wages, do you? So how exactly does a cut in interest rates in 2025 help Canadians who can no longer afford the higher cost of living NOW? 😵‍💫

  • @UndividedNetwork34
    @UndividedNetwork34 Рік тому +16

    My "Canada now third-world country" clip says not gonna happen.

    • @donduggan798
      @donduggan798 Рік тому

      Someone is mixing the koolaid with alcohol. We haven't tanked yet

    • @UndividedNetwork34
      @UndividedNetwork34 Рік тому +2

      @@donduggan798 lol, seven financial analysts; and world's largest economic organizations have given Canada the downturn... and what is your expertise again?

    • @UndividedNetwork34
      @UndividedNetwork34 Рік тому

      @@donduggan798 ... you should fir$4 learn what real per-capita GDP growth is before making "kool...id" XD

    • @liangyuaq-qoyunlu407
      @liangyuaq-qoyunlu407 11 місяців тому +1

      @@UndividedNetwork34 per capita GDP has not grown since 2018

    • @UndividedNetwork34
      @UndividedNetwork34 11 місяців тому

      @@liangyuaq-qoyunlu407 Not only that, but 2023 reports NEGACTIVE real per-capita GDP growth.

  • @ryanoliver9475
    @ryanoliver9475 Рік тому +13

    Lol the economy hasn't even bottomed out yet and she is predicting a rebound, I thoroughly doubt it for the middle class.

    • @Hyperpandas
      @Hyperpandas 9 місяців тому +1

      Economies don't have to "bottom out". The entire goal is to moderate the peaks and valleys.

  • @syntaxer1984
    @syntaxer1984 Рік тому +16

    Uh oh, when they forecast and tell you one thing, you run in the opposite direction

  • @alexvictor802
    @alexvictor802 Рік тому +3

    😂lol we have no economic growth for the past two years, technically you should be in a recession with only two quarters back-to-back of poor economic productivity. This is just the beginning of the storm

  • @patrykdrozd2637
    @patrykdrozd2637 Рік тому +5

    We need to claw back the money supply

    • @jordancarlin9687
      @jordancarlin9687 11 місяців тому

      That’s why you’re seeing these wars . Without an excuse to pull money from the future into the now, the system will break

  • @wanderingfido
    @wanderingfido 5 місяців тому +1

    "Robust" growth. Didn't Paula Vennels use that word to describe the Horizon accounting software by Fujitsu? Robust indeed. 😂

  • @Liberalllbty
    @Liberalllbty Рік тому +1

    War, terrorism, corruption have led the world to destruction from within, the need for peace, honest policies and stable, successful new initiatives is great.

  • @NitzVision
    @NitzVision Рік тому +2

    Only khalistani activists can revive canada economy 😎

  • @Jackie-lg5se
    @Jackie-lg5se Рік тому +2

    I wonder if she would like to bet a few bars of gold on Canada’s future economic outlook.

  • @marcelmed4574
    @marcelmed4574 10 місяців тому +1

    Funny how Deloitte forecasts the economy. Well their guess is either right or wrong. Not bad 50% error rate. At some point their predictions will be right. Frankly they like most have no idea, they’ve been completely wrong so many times.

  • @Tinyweiner2.0
    @Tinyweiner2.0 Рік тому +7

    Lol highly unlikely rates will have to go much higher to curb inflation

    • @cassinitakano5736
      @cassinitakano5736 Рік тому

      no they don't. They just need to stay elevated for a while.

    • @Tinyweiner2.0
      @Tinyweiner2.0 Рік тому +1

      @cassinitakano5736 your right they need to be elevated for a long time but at much higher rates 8 percent probably

    • @jordancarlin9687
      @jordancarlin9687 11 місяців тому

      Rate hikes will do nothing to curb inflation . Your national deficit increases by 100 million per hour . You pay interest on that

    • @Tinyweiner2.0
      @Tinyweiner2.0 11 місяців тому +1

      @jordancarlin9687 sure they won't more hikes are needed our dollar is on par with the peso

  • @raynoldgrey
    @raynoldgrey Рік тому +14

    We're in Uncharted Financial Territory! Every day, we face obstacles that have become the new norm. Although it was initially viewed as a crisis, we now recognize it as the new normal and must adapt accordingly. Given the country's present economic troubles in 2023, how can we increase our revenues during this period of adjustment? I cannot let my $800K savings disappear after putting in so much effort to build them.

    • @mikeharry96
      @mikeharry96 Рік тому +1

      It's one thing to have the essential technique to profit in this market, but having access to exclusive market knowledge that isn't given to the public is quite another, which is why the pros are smashing it this time.

    • @danieljackson87
      @danieljackson87 Рік тому +1

      I stopped following and listening to these UA-camrs' financial advise since I ended up having a lot of complicated stocks and no sense of when to sell them for a profit.

    • @andrewlogan7737
      @andrewlogan7737 Рік тому +1

      @@danieljackson87 That's quite impressive!, I could really benefit from the experience of these advisors, my portfolio has been performing poorly, who is assisting you?

    • @danieljackson87
      @danieljackson87 Рік тому +1

      Funny that you brought that up since I completely understand. Look into Julie Anne Hoover; she received a lot of press in 2020. I'm not sure I can put this into words. My portfolio is also managed by her.

  • @dtgps
    @dtgps 8 місяців тому

    P.P. said we should dump Bank of Canada and put Canada's money into Bitcoin.
    That cant happen soon enough. 3% GDP growth in 2024 is all Justins fault.
    Time for a change.

  • @philipsimmonds1103
    @philipsimmonds1103 Рік тому +3

    Liberals cheerleaders.. following orders from ottawa..I see .

  • @matthewporter4711
    @matthewporter4711 4 місяці тому

    Fantasy world Canadians are in trouble.

  • @magnang
    @magnang Рік тому +1

    Why cut rates if the economy recovers?

    • @Hyperpandas
      @Hyperpandas 9 місяців тому

      To find equilibrium. At current rates, inflation is dropping and employment may start to flag as well. As inflation nears the target rate, then the BoC will likely make modest rate cuts to stick to the target.

  • @mohanv236
    @mohanv236 Рік тому

    This can happen when among other things, Canadian farmers are in a position to export their produce. If the importing countries find a substitute, then it will be tough and delay the recovery by another few years.

  • @JonathanWirth-c3p
    @JonathanWirth-c3p 9 місяців тому

    Have a goodnight from productions and a merry Christmas

  • @ElPalomo
    @ElPalomo 10 місяців тому

    Who’s economy is going to improve? That’s the real question

  • @ryanchapman6162
    @ryanchapman6162 10 місяців тому

    How do i become an Analyst? What exactly is she analyzing ?

  • @georgedesjardins6080
    @georgedesjardins6080 Рік тому +1

    Election in the spring?

  • @amirdm8235
    @amirdm8235 Рік тому

    Where do they get these princesses really? So things are so terrible and so hosed up that no respectable economist wants to come on TV and talk about it so they find someone from Deloitte Lloyd to talk about rates.

  • @matthewporter4711
    @matthewporter4711 4 місяці тому

    We need a election 😊 asap

  • @rainbow-et1vg
    @rainbow-et1vg 9 місяців тому

    Canada are welcoming student that's how they are trying to convincing to be better in future

  • @pd5482
    @pd5482 10 місяців тому

    Quantum realities trying to catch and converge, no thx to hells

    • @pd5482
      @pd5482 10 місяців тому

      Hells seeking heaven and heaven avoiding hells

  • @frankledger4716
    @frankledger4716 Рік тому +3

    🤣🤣🤣🤣

  • @georgesimon6041
    @georgesimon6041 Рік тому +1

    LOL

  • @kennethmelnychuk9737
    @kennethmelnychuk9737 Рік тому

    Marcia, Marcia, Marcia…..I haven’t seen you in a while and you’re still quite easy on the eyes 😊