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    IMF Sees Canada’s Fiscal Position as Strongest in Group of Seven
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    IMF Sees Canada’s Fiscal Position as Strongest in Group of Seven


    IMF Sees Canada’s Fiscal Position as Strongest in Group of Seven

    https://www.bloomberg.com/news/articles/2026-04-17/imf-sees-canada-s-fiscal-position-as-strongest-in-group-of-seven?taid=69e255ddd30a260001823747&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter&embedded-checkout=true

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    31 Comments

    2. itachi_uchia3 on

      Obsession of comparing only with the G7 is pathetic. Over 150 countries but no, we can only compare ourselves to G7. Picture wouldnt be so pretty if we widened the competition

    3. konathegreat on

      Interesting.

      Deloitte Canada downgrades our forecast.

      CREA lowered our housing forcast.

      Fitch has concers.

      Moody’s downgraded BC again.

      Only positive I can think of is that OIL prices have made a massive gain since the Iran war and that’s going to drive up our overall position.

    4. Spanky3703 on

      Well, these kinds of stories do not fit into the narratives of certain segments of Canada’s political spectrum.

      So they will change the goalposts … because that is easier than celebrating Canada’s successes.

      Just watch.

    5. ukrokit2 on

      Conservatives are gonna be absolutely livid. There’s nothing they want more than for Canada to fail under the Liberals.

    6. Intentioned-Help-607 on

      Now if only that translated to the average Canadian rather than the top say 20%.

    7. ProudVancouverLL on

      I wish someone could post the full article because the only thing I got was

      > “Across the Group of Seven, Canada’s probably in the strongest position fiscally,” Nigel Chalk, director of the IMF’s Western Hemisphere Department, said in an interview in Washington.

      Which implies this article is based on a single comment of an individual. Also the “probably” sure is convincing lol

      I was expecting to see a full report from the IMF but I’ll reserve my judgement until I get the full article.

    8. izomo on

      Good thing about articles no one can read easily, its harder to criticize them. OP did not post the article in comments, or a paywall bypass. All paywall bypasses I’ve tried failed.

    9. LiteratureOk2428 on

      Damn GLOBALIST imf the WOKEST organization in the world! Of course they’ll LIE for Carney!!
      /s

    11. canteixo on

      I hope that’s reflected in the CAD soon. Going to Europe with the current exchange rate of 1.6 CAD per EUR is brutal.

    12. the_crumb_dumpster on

      Impossible Mission Force?

      Edit: I guess we can only have complete seriousness here

    14. adamast0r on

      Funny seeing people on here thinking this post proves anything. Great critical thinking skills, guys. Only shows Liberals just read headlines

    20. SomeDumRedditor on

      It’s an absolute indictment that nearly every comment under this post (now within 15min of it going up) is some variation on smugly attacking a perceived “side.”

      Treating politics like a team sport is evidence of mental illness.

      GDP remains a poor measure of national prosperity, whether the number is good or bad.

      >“Across the Group of Seven, Canada’s probably in the strongest position fiscally,” Nigel Chalk, director of the IMF’s Western Hemisphere Department, said in an interview in Washington.

      …and the “fact” you’re all crowing over is a comment made in a larger interview by an IMF director. It is not the “official position” of the IMF etc.

      Also, the archive.is copy didn’t capture the whole text and I know most of you don’t have a Bloomberg subscription. So you’re out here feeling smug based on the headline of an article you didn’t read.

      Think about that next time you wonder “how is all this fascist propaganda so effective?!?” You’re doing it too.

    22. ATR2400 on

      I mean, that’s great, but what the fuck are the others doing if we’re the strongest?

      Are they… are they okay?

    28. wet_suit_one on

      Lol.

      I can hear the heads exploding already and I haven’t read a single comment yet.

      Let the good times roll!

    29. Wind_Best_1440 on

      You could increase Canada’s standard of living pretty easily. First you need to get those large country important resource sectors pumping and up and running. Next he needs to make good on his plan to start up manufacturing in Canada to start re-arming Canada’s military.

      The 51 billion project to update roads and infrastructure is also good, when or if that starts.

      But the key thing to really rev up the economy. Is to have more jobs then there are workers. Canada’s GDP coming out of the pandemic was higher then any other, and that’s because companies actually had to compete with each other to get workers.

      Canada’s GDP fell off a cliff with the massive migration of cheap labour from International students and TFW and other LMIA based scams. (It’s literally 1:1, its nuts. As immigration shot up, GDP shot down at the same time. Meanwhile the cost of living crisis exploded.)

      When Companies need to compete for workers, then the product (Workers) is worth more, which means companies need to pay more to get them. More pay in the pocket of workers means more spending power in the economy.

      Having more workers then jobs = Wage suppresses and devalues wages and buying power, which stalls or shrinks an economy.

      Having less workers then jobs = Wage increases and increases value in wages and buying power, which revs up the economic engine as people have more disposable money to buy things. (Goods, services, homes, food.)

      It’s basic economics 101, Supply and demand.

      Workers are like any other resources = Too many, means less value. Too few means more value.

      This is why the government should NEVER listen to business’s and Corporations and the billionaire class when they cry and moan about worker shortage. Because they want to suppress wages for their own balance sheet at the cost of the entire Canadian economy.

    30. JohnAMcdonald on

      I have been saying for awhile our federal government has strong books, but if we have the strongest books in the g7 with the state of our provincial finances IDK how screwed up everybody else is.