this post was submitted on 30 Apr 2024
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Remember it's the Financial Post. Gotta take things they say with a heaping pile of salt.
True, but at least the headline is completely factual and it's statistics. The numbers comes from Statistics Canada, which is impartial.
Here's a CBC article reporting the same: https://www.cbc.ca/news/business/canadan-gdp-february-1.7189053
CBC's headline ("Canadian economy grew 0.2% in February") is factual - though I'd prefer if they just said GDP instead of "economy"
"Canada's economy is losing momentum" is an unqualified statement so it can't be factual - it doesn't mention the measurement, aggregation bucket or the comparison baseline. It's falsifiable but still quite subjective, because if you measure at a quarter-level analysts called it "decent". Their opening paragraph is more objective than the headline:
And if you yank out the unnecessary subjective addition:
You can see how that would have made a more factual but less dramatic headline
There's somewhat small blurb at the end stating what sectors actually saw change, but overall the article is to clearly to convey BoC should lower rates soon as it's mentioned three times in a rather short article.
For anyone who actually wants to know what changed the data is on Stat Can - https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610043402