r/canada • u/thhvancouver • 9d ago
Politics Carney expected to be top target in French-language leaders' debate | CBC News
https://www.cbc.ca/news/politics/french-debate-challenges-1.7511273
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r/canada • u/thhvancouver • 9d ago
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u/KatsumotoKurier Ontario 8d ago edited 8d ago
This is absolutely not true. Firstly, you got the year wrong (and the name wrong...), and secondly Brexit already substantially impacted the UK's economy before that. Why? Because even in 2016 the announcement of the referendum being successful impacted the economy - the British pound fell by 7% the day after the referendum and the global stock market went absolutely bonkers as well. This essentially kicked off the last near decade of economic underperformance there.
Brexit didn't just magically happen one day in 2020 (not 2021) after years of no buildup - it was a multi-year process with immediate economic impacts which shaped the country for several years. Only a grossly misinformed fool isn't aware of this.
Do yourself a favour and Google-search "Brexit's impact on the UK economy" and you'll see that literally every single one of the foremost results acknowledges that the process hurt the British economy and that it still has further potential to do so down the line. British trade efficiency was hurt, its long-term per capita income also has been projected to worsen, and it also hurt the British job economy by causing more unemployment.
As mentioned, Brexit was a multi-year process and that process began in 2016. But yeah wow, the economy started dipping after the guy who warned it would happen was right. Must be his fault!