However you slice it, it’s good news.  I was especially pleased to see an uptick in manufactured goods (car parts) since we can only rely on a resource economy for so long.  Canada needs to exploit its talent and foster innovation.

Some say there is no way the Libs can take credit, since some of the stimulus spending lapsed.  I tend to disagree.  Consumer spending is up also, and I think that this can be at least partially attributed to the new child care benefit.   Strange as it may seem, when you give the poor and middle class more income…….they spend it!  This is in sharp contrast to favouring the rich……who mostly park their gains offshore.

And it is well known that economics is largely based on expectation.  Anticipated infrastructure spending has a real effect.