Here is a look at GDP growth for Canada

1. CANADA – GDP -
ELECTION 2015
PROMISE - INCREASE
GDP GROWTH
BY: PAUL YOUNG CPA, CGA
DATE: SEPTEMBER 18, 2017

2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

3. CANADA GDP GROWTH
• Source – Scotiabank and http://www.indexmundi.com/canada/gdp_real_growth_rate.html

4. GDP ANALYSIS – JUNE 2017
Source - Stats Canada

5. JUSTIN TRUDEAU ELECTION PROMISE
STRONG GROWTH
• http://www.nationalobserver.com/2015/05/21/news/harper-worst-prime-minister-economic-growth-great-depression-trudeau
"Prime Minister Harper has the worst record of any prime
minister on economic growth since R. B. Bennett in the depths
of the Great Depression." — Liberal Leader Justin Trudeau,
Friday, May 15, 2015.
Though Justin Trudeau said it as recently as last week, the
Liberals have been claiming since at least 2013 that Canada's
economic growth under the Harper-led Conservative
government has been the worst since the 1930s.
Among those who use it often is Liberal MP — and former
federal finance minister — Ralph Goodale.
In an April speech, Goodale added some detail, noting that
"since the Harper government came to power, Canada has had
an average annual economic growth rate of only about 1.75 per
cent — that's the worst growth record of any prime minister
since R. B. Bennett in the 1930s."

6. LIBERALS 2008-2009 RECESSION
• https://www.theglobeandmail.com/news/politics/ignatieff-pushes-more-
stimulus/article1229628/
"Mr. Harper has said that the time for more economic
stimulus is over, it's finished. …We believe, on the
contrary, that there are perhaps other things that need to
be done. That's why we're insisting on an improvement of
employment insurance, for example."
The two leaders struck a June deal to set up a working
group on employment insurance, to discuss a Liberal call
for a national, lower standard for eligibility for EI to replace
eligibility requirements that vary widely from region to
region, and a Conservative proposal for extending some
benefits to the self-employed.
Globe and Mail – July 24, 2017

7. LIBERAL ELECTION CAMPAIGN PROMISE
2015
• https://www.liberal.ca/real-change-a-new-plan-for-canadas-environment-and-
economy/
And those two things, the environment
and the economy, they go together like
paddles and canoes. Unless you have
both, you won’t get to where you are
going, because you can’t have a strong
economy without a healthy environment. If
we want to leave both to our children and
grandchildren – if we want them to inherit
clean air to breathe, clean water to drink,
and sail on, and a strong, vibrant, high-
tech economy with good jobs – we’ve got
to do them both together.
The world has changed in the last 10
years. Stephen Harper doesn’t get it. Now
and in the future, the path to economic
growth and good middle class jobs is
through strong environmental policy.

8. MINISTRY OF FINANCE / SLOW GROWTH
• http://www.cbc.ca/news/politics/finance-liberals-economy-budget-morneau-
consultations-jobs-1.3883770
Finance Canada is giving business leaders a
decidedly gloomy picture of the Canadian
economy as part of the department's pre-
budget consultations this fall.
A Dec. 5 slide show, obtained by CBC News,
projects weak annual growth of just 1.8 per
cent on average until 2029, and cites full-time
job losses of 1.9 per cent across Canada so far
this calendar year.
The slide show also notes that productivity is
slowing, energy-sector investment is in sharp
decline, and household indebtedness is at
record levels.
CBC News – December 6, 2016

9. SUMMARY
• Trudeau government did not have the answer for slow growth
• Government role with the economy is to support policies that encourage public sector growth
• Global economy is competitive. Liberals are introducing hikes to CPP as well as a new Carbon Tax
• Governments should neither get all credit for growing economy nor for a slowing economy
• Canada’s GDP growth has been consistent for 15+ years and that is rate of about 2.2%.
• Liberals infrastructure plan has been very slow which has not help construction industry since they
took office in 2015
• Liberals are on path to $100B new debt with growth rates same as the past 15+ years