Saturday, April 10, 2010

A Good News Story Gone Under the Radar

This should have been the top news story the last couple of days instead the Guergis story. It seems to have gotten hardly any press. Gee, I wonder why. Could it be because it's a good news story? That it makes the government look good because of the good work the government has done handling of the recession and the media doesn't want you to hear about it?
Maybe they haven't hardly reported on it because it might make the opposition and some in the media look foolish for all the gloom and doom that was propagandized for months over a year ago, you think? It could be too that sensationalism and negativity sells. Good news doesn't quite so much. Pathetic if you ask me.

Canada's growth outshines rest of G7

Loonie's slip insignificant as rate hike likely to add strength while economy's `firing on all cylinders'

Meanwhile, the Organization for Economic Development and Co-operation, or OECD, said Canada's economy likely grew 6.2 per cent (give or take a percentage point) in the first three months of this year.
That far outpaces growth of 2.4 per cent in the U.S. The average for G7 nations is 1.9 per cent.
"It just reflects the economy's momentum and the fact it seems to be firing on all cylinders now with exports and manufacturing turning up," Guatieri said of the report.
The OECD expects Canada's economy to grow 4.5 per cent through the second quarter – nearly twice the G7 average. - This from the Red Star of all places, even though buried.

"Canada is benefiting from its past good policies, in spite of the fact that Canada was severely hit through trade ... from south of the border," OECD chief economist Pier Carlo Padoan said during a news conference in Paris.
Padoan noted Canada had entered the recession with stronger fundamentals than its peers in terms of growth, the banking sector and the government's fiscal position. Canada's debt relative to its economy is the lowest in the G7. - Isn't this exactly what PM Harper and Minister Flaherty was saying all along?

This is a good news story that has been buried by the majority of the media.We are better off than most countries. Look at our neighbors to the south, they are in big trouble financially. This story should be shouted from the rooftops because it affects every Canadian unlike other stories that the Lame Stream Media's been focused on lately.

Come on Lame Stream Media, what's hindering thee?

Update: Go and enjoy the perspective on the same topic from fellow blogger Iceman.