The Canadian economy squeaked out a tiny 0.4 percent expansion in the first three months of the year, giving the country its weakest back-to-back quarters of growth since 2015. Statistics Canada says downward pressure on growth was driven by weakness in net trade as imports rose and export volumes saw their first quarterly decrease since 2017. Many will find it a grim reminder that it is 2019. Heavy industry has been beaten up by US tariffs and China Friday continued threats about the “consequences” of assisting the US in the extradition of Huawei CFO Meng Wanzhou, the daughter of the company’s founder. Got that clear? A country of 1.4 billion people is threatening a country of 37 million.
