{"id":41388,"date":"2018-12-07T08:47:32","date_gmt":"2018-12-07T13:47:32","guid":{"rendered":"https:\/\/olduvai.ca\/?p=41388"},"modified":"2018-12-07T08:48:18","modified_gmt":"2018-12-07T13:48:18","slug":"dear-canada-wtf","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=41388","title":{"rendered":"Dear Canada, WTF?"},"content":{"rendered":"<h3><a href=\"https:\/\/www.zerohedge.com\/news\/2018-12-07\/dear-canada-wtf\">Dear Canada, WTF?<\/a><\/h3>\n<p>Just hours ago, The Bank of Canada held rates steady and complained about various internal and external factors that were negatively impacting the Canadian economy&#8230;<\/p>\n<p>Holding rates unchanged at 1.75%, the BOC cited almost everything that has gone wrong:<\/p>\n<p>moderating global growth,<br \/>\na \u201cmaterially weaker\u201d outlook for the oil sector,<br \/>\na faster-than-expected deceleration of inflation,<br \/>\na drop in business investment and downward historical revisions to output<\/p>\n<p>And today we get this&#8230;<\/p>\n<p>Canada added 94,100 jobs in November &#8211; the most ever! Sending the Canadian unemployment rate to a record low 5.6%&#8230;<\/p>\n<p>So WTF!?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear Canada, WTF? Just hours ago, The Bank of Canada held rates steady and complained about various internal and external factors that were negatively impacting the Canadian economy&#8230; Holding rates unchanged at 1.75%, the BOC cited almost everything that has gone wrong: moderating global growth, a \u201cmaterially weaker\u201d outlook for the oil sector, a faster-than-expected [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[942,103,260,431,534,4318],"class_list":["post-41388","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bank-of-canada","tag-canada","tag-employment","tag-interest-rates","tag-monetary-policy","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41388"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41388\/revisions"}],"predecessor-version":[{"id":41389,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41388\/revisions\/41389"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}