Canada loses 31,200 jobs in July; biggest drop in full-time positions since 2011

[Machjo]

Great logic.... Do ya think that the employers will be anxious to take out big bank loans to pay for this fantasy or will they just dump money down this program until they go t*tters?

Free trade means importers pay no tariffs. Open borders means employers can hire the most qualified and Canadians whose skills are in greater demand abroad can seek work abroad.

Are you against free markets?

As for the rest, they're ideas I was throwing out there. A guaranteed minimum income has pros and cons. Less overhead costs than many other social programmes, but do they open the door to abuse? I don't know. On a negative side, higher taxes. On a positive side, no more minimum wage and employers can get away with paying lower wages. I'm not a big fan of a guaranteed minimum income, but it's worth exploring as a way to circumvent the minimum wage as a barrier to employment, bearing in mind that then high taxes can also be a barrier to employment too. Catch-22.

As for education, that's a no-brainer. Raise the qualifications of the unemployed, though again I acknowledge it could mean higher taxes too which could also discourage hiring. But with more qualified workers, supply and demand means that more qualified workers would also be cheaper to hire.

But free trade and open borders would cost nothing and expand market access for all.

 

[Locutus]

The secret is in the special conditioner he uses.

.... he's so dreamy

gerry butts' special creme.

 

[captain morgan]

Free trade means importers pay no tariffs. Open borders means employers can hire the most qualified and Canadians whose skills are in greater demand abroad can seek work abroad.

Are you against free markets?

As for the rest, they're ideas I was throwing out there. A guaranteed minimum income has pros and cons. Less overhead costs than many other social programmes, but do they open the door to abuse? I don't know. On a negative side, higher taxes. On a positive side, no more minimum wage and employers can get away with paying lower wages. I'm not a big fan of a guaranteed minimum income, but it's worth exploring as a way to circumvent the minimum wage as a barrier to employment, bearing in mind that then high taxes can also be a barrier to employment too. Catch-22.

As for education, that's a no-brainer. Raise the qualifications of the unemployed, though again I acknowledge it could mean higher taxes too which could also discourage hiring. But with more qualified workers, supply and demand means that more qualified workers would also be cheaper to hire.

But free trade and open borders would cost nothing and expand market access for all.

All of what you have stated means absolutely nothing in a recessionary economic environment coupled with increasing taxes.

If few groups are generating a profit these days, does it really make sense to expect that employment will magically buck the recessionary trend just because you open the borders to even more people and raise the minimums?

 

[Ludlow]

gerry butts' special creme.

Gerry thinks innuendo is Italian for Prep H. ,,,,HEEEEEEEHAAAAAWWWWW,,,,,,HEEEEEEHAAAAAWWWWW!!!

 

[Murphy]

I believe that this thread is overdue for a posting about it all being Harper's fault.

And this is a picture of an old unemployment line. What's old is news again.

 

[JLM]

It probably created jobs through increased demand for shelter, food, clothing, etc.

Probably, but where is the money coming from to pay those jobs?

 

[Ludlow]

I believe that this thread is overdue for a posting about it all being Harper's fault.

And this is a picture of an old unemployment line. What's old is news again.

Wellllll,,,this land is your land, this land is my land. From Californy to the New Your Islands.

 

[Machjo]

All of what you have stated means absolutely nothing in a recessionary economic environment coupled with increasing taxes.

If few groups are generating a profit these days, does it really make sense to expect that employment will magically buck the recessionary trend just because you open the borders to even more people and raise the minimums?

Still, opening borders could help Canadians whose skills are demanded abroad and vice versa, like Bewfoundlanders going to Alberta in the day.

History tells us that every recession is followed by a boom. Neither is healthy for the economy. Retraining the unemployed creates jobs for trainers and prepares the unemployed for the coming jobs. That way we suffer fewer qualified lavour shortages when the boom comes.

 

[petros]

This is the lag effect from Alberta getting hit earlier.

We need to stop relying on the fossil fuel industry.

Is that why 23,000 jobs disappeared in ON? 1/3 of the losses.

 

[darkbeaver]

It's completely different now.

 

[gopher]

mebbe you Canadians should hire Obama as your new leader so that he can create the millions of jobs there like he has here

 

[Murphy]

But we have Justin!

My money is on Justin to bury us in debt (proportionally) quicker than Obama could. I'm told that anyone can write Ottawa and get a free rainbow and unicorn desk organizer, regardless of citizenship.

 

[Locutus]

This is the lag effect from Alberta getting hit earlier.

No it isn't, not this time cuck. get with the program.

We need to stop relying on the fossil fuel industry.

yeah because selling a commodity that everyone is buying from the saudis is just stupid. go back to your pipe.


anyway kids, here's more actual results from progs pretending to know what they're on about:



Ontario lost 36,000 positions in July, marking the first significant decline in the country’s largest province since September 2015

But here are the Canadian numbers out today that economists are really worried about


Related

• Trudeau’s stimulus buys Poloz time on rates as gaping trade gap expected
• Canada’s economy is growing at the slowest pace in 60 years and the only thing holding us up is housing
• Canada’s economy shrinks 0.6 per cent in worst month since 2009 recession

Canada trade deficit widens to record $3.6 billion, far worse than economists expected

Canada trade deficit widens to record $3.6 billion, far worse than economists expected | Financial Post



and of course...


Wynne to charge HST on carbon tax to “squeeze more revenue out of Ontario families� - The Rebel



because...


"The budget will balance itself"
"from the heart outwards"

 

[JLM]

mebbe you Canadians should hire Obama as your new leader so that he can create the millions of jobs there like he has here

Yep, I never could figure out why so many of your kinfolk hate Obama so much. I've always found him to be an upbeat, positive guy. Of course there are scads of people around who HAVE to blame someone for every little thing that goes wrong- quite often things they cause themselves through laziness, neglect etc.

 

[captain morgan]

Yep, I never could figure out why so many of your kinfolk hate Obama so much. I've always found him to be an upbeat, positive guy. Of course there are scads of people around who HAVE to blame someone for every little thing that goes wrong- quite often things they cause themselves through laziness, neglect etc.

You don't elect the leader of a nation based on his or her rating on the niceness scale.

 

[JLM]

You don't elect the leader of a nation based on his or her rating on the niceness scale.

I guess that is Hillary's and Trump's philosophy!

 

[captain morgan]

So, what exactly did Mr Nice to to help his citizens and economy?

 

[Locutus]

dem part time jobs eh. cool. :lol:

 

[Retired_Can_Soldier]

mebbe you Canadians should hire Obama as your new leader so that he can create the millions of jobs there like he has here

And bring about racial unity and close Gitmo and...

Hope and change baby.

 

[JLM]

So, what exactly did Mr Nice to to help his citizens and economy?

I don't know exactly what he did other than create an enabling environment resulting in the economy described on the news yesterday!

And bring about racial unity and close Gitmo and...

Hope and change baby.

How urgent is the closure of Gitmo? It might be the perfect place for these rogue cops who insist on murdering Blacks! (Are the water boarding facilities still in place?)