Economic Action Dud: Canada loses 46,000 jobs, unemployment rate climbs to 7.2%
- Thread starter mentalfloss
- Start date
If you actually want me to respond to your post, you gotta give me something to respond to.
If you think that the BoC manages our exchange rate, please tell me why you think so.
Yes there are jobs in Alberta and Saskatchewan so what. Companies are
If they want people to go to the prairie then give huge tax breaks to the
individuals to go there.
In the meantime the jobs in many cases being created are not jobs people
want long term. Its time to get factories back here working for Canadians.
Give those companies tax breaks to come home or start a plant here.
Companies on the stock exchange that are Canadian.or American that have
their factories overseas should pay a surtax perhaps.
If they want people to go to the prairie then give huge tax breaks to the
individuals to go there.
In the meantime the jobs in many cases being created are not jobs people
want long term. Its time to get factories back here working for Canadians.
Give those companies tax breaks to come home or start a plant here.
Companies on the stock exchange that are Canadian.or American that have
their factories overseas should pay a surtax perhaps.
Bond rate gives currency value. Money is bought and sold like any other commodity. Controlling supply and the bond rate controls exchange rate against competing currencies.
SaskJobs.ca - Real Careers. Real Life. check the quality and quantity of the jobs here. Most are white collar.
Apparently, they do in some kind of magical form that has to do with hedging, management of the economy (via inflation, etc), but BR still believes that it doesn't exist.
Oh, and foreign direct investment is a bad thing unless it is directed at Ont mfg.
Ummmm, what do you say to that kind of comment? How many Canadians do the collective orchards contribute to the economy? Even better, what kind of income taxes originate (in comparison to O&G, mining, forestry, etc) does your industry account for?
I'd greatly appreciate if you can identify for me these huge tax breaks to the industry.. I'm in it and I desperately want to take advantage.
Hell, generate some results and I will gladly fire the accounting firm that has the contract and give it to you
Who the fukk wants to work in a factory for their entire career?
Auto sector?.. Caterpillar?
Where are they today?
Think twice about posting when you're hammered drunk.
... Or, any thoughts about the effects of a punitive tax system?
... Just asking
I wonder how many will become new members, should be easy to spot, maybe even some old ones if they start acting stranger than normal, I mean strange even for them.
As with most statistics, the accuracy varies. There's also the "salt" factor to consider, add about a pound to make it more palatable! -
How many scarecrows does one field need, what we need is for you guys to start stocking the lakes with fingerlings that have an appitite for something we can grow that would go with bread, we have more than enough of that, perhaps some frozen grape wine, you know by the train load, got to feed the unemployed ya know.
How do you feel about textiles, Texas style silk by the spool once the generation that isn't growing hemp already. Since a pair of jeans is good for 5 years you have to have a lot of styles available and an international clientele. The CDN logos would be a sign of quality of goods rather than quality of character. Since it is a new product from seed to disposal the potential for being on the lower floors is available providing we don't mind starting from scratch (almost)
The trick with legal pot is the right to have 6 live plants at any one time and no more than 1/4 lb in storage and 1 oz on you. If a medical person is too busy to grow a weed they are on the wrong meds to begin with.
I wouldn't agree that the bond rate "gives currency value". It simply impacts the demand for the currency. If we have better bond rates, more money will flow into the country, and vica-versa. Value is derived from whatever you can purchase with that currency.
The same tool can also be used to control inflation though, and that is what the government of Canada chooses to do. Because of the limitations of what you can do by buying and selling bonds, you really can't actively manage exchange rates and inflation at the same time.
Hey, we are not all idiots out here, although I do have to admit at times we seem to have more than our share, although very few as bad as some Ottawa denizens!
right because there isn't more. What makes you think extraction is at full pace? Is rail not choked by grain and intermodal without oil?
Just as an 'aside'; "The Canadian economy unexpectedly shed 45,900 jobs last month as employers cut full-time positions."
I'm not surprised, it's cheaper to have 2 part time people than 1 full time person. There's 1 successful business person who has several businesses in Edmonton and owns a sports team. According to 1 staff person in 1 of his stores; "He does not hire full time people. He only hires part time, then he doesn't have to offer benefits".
Don’t know much about pipelines, mines and transport employment losses.
But ANYTHING to do with Oil industry in Alberta seems good.
“Youth unemployment rose.” Not surprising. Too many new graduates are not able to find work in their chosen fields.
And too many youth seem to expect to get the big bucks at their first job. Even of it’s at MacDonald’s.
Retail, hospitality, etc… As I said it is cheaper to have 2 part time people than 1 full time person. Don’t have to offer benefits.
My employer has been advertising for several months for part time workers. Have had very few applicants/resumes.
As it is right now, we do not have hours for any more part time workers. The few applicants/resumes we have had are younger people who expect to get the big bucks.
I am the only full time person of 4 staff.
Seriously makes me wonder about my job.
Even tho I have NOT signed up for any ‘benefits’ this company offers.
I accept resumes dropped off, answer questions re: employment; am honest about the position.
I am a clerk at a Canada Post RETAIL Outlet. We get paid by the people who own this drug store.
The people who apply here think they will work for Canada Post and get Canada Post wages and benefits. UHH… NO…
You want to check out Canada Post jobs; go to Canada Post - Mailing, Shipping, Marketing, Shopping, Sharing
http://m.theglobeandmail.com/report...jobs-december/article16277977/?service=mobile
I'm not surprised, it's cheaper to have 2 part time people than 1 full time person. There's 1 successful business person who has several businesses in Edmonton and owns a sports team. According to 1 staff person in 1 of his stores; "He does not hire full time people. He only hires part time, then he doesn't have to offer benefits".
Don’t know much about pipelines, mines and transport employment losses.
But ANYTHING to do with Oil industry in Alberta seems good.
“Youth unemployment rose.” Not surprising. Too many new graduates are not able to find work in their chosen fields.
And too many youth seem to expect to get the big bucks at their first job. Even of it’s at MacDonald’s.
Retail, hospitality, etc… As I said it is cheaper to have 2 part time people than 1 full time person. Don’t have to offer benefits.
My employer has been advertising for several months for part time workers. Have had very few applicants/resumes.
As it is right now, we do not have hours for any more part time workers. The few applicants/resumes we have had are younger people who expect to get the big bucks.
I am the only full time person of 4 staff.
Seriously makes me wonder about my job.
Even tho I have NOT signed up for any ‘benefits’ this company offers.
I accept resumes dropped off, answer questions re: employment; am honest about the position.
I am a clerk at a Canada Post RETAIL Outlet. We get paid by the people who own this drug store.
The people who apply here think they will work for Canada Post and get Canada Post wages and benefits. UHH… NO…
You want to check out Canada Post jobs; go to Canada Post - Mailing, Shipping, Marketing, Shopping, Sharing
http://m.theglobeandmail.com/report...jobs-december/article16277977/?service=mobile
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BornRuff said:
This is what Norway does with their oil fund and they are making serious gains that we will never see here.
Norway's Oil Fund Heads For $1 Trillion; So Where Is Alberta's Pot Of Gold?
The country’s oil fund — which collects taxes from oil profits and invests the money, mostly in stocks — exceeded 5.11 trillion crowns ($905 billion) in value this week, making it worth a million crowns per person, or about $177,000 per Norwegian.
That’s right. Norway, the “socialist paradise,” is effectively running a surplus of nearly a trillion dollars, thanks to oil revenue.
About the same time this happened, the Canadian Taxpayers Federation released calculations showing that the taxpayers of Alberta are on the hook for $7.7 billion in debt, or about $1,925 per person. It expects the debt to spike to $17 billion by the end of the 2015-2016 fiscal year. The CTF is so alarmed by the province’s descent into deficits that it has launched a debt clock specifically for Alberta.
What's wrong with this picture? Norway, with an economy and population somewhat larger but on the same scale as Alberta's, has managed to guarantee its citizens' prosperity for decades to come. Norway's oil production is declining, down to one-half what it was in 2001. Alberta, where oil production keeps growing and growing, is writing IOUs.
Norway's Oil Fund Heads For $1 Trillion; So Where Is Alberta's Pot Of Gold?
Oh where to begin? For starters Norway started in the oil biz quite a while ago when rules were more laz.
Had a fairly well developed infrastructure.
Had no ecoterrorists demanding an end to civilization.
Had existing Deep sea ports.
Has a workforce willing to work
Gets full world price for products because of said Deep Sea Ports.
Has no equalization payments to make.
Want more?
This concept is pretty simple. If rail was really so much cheaper than pipelines, and people who own railways are the kind of people who like making money, then oil companies have room to offer more money to the rail companies, and the rail companies will happily replace their lower paying customers with the higher paying oil companies.
Make sense?
In actual fact no it does not . The railroad is in the same or worse boat than the pipe line as they are pretty much at maximum capacity
right now . The only way to increase that capacity is to expend a capital outlay on more rail cars entailing a large capital expense that may or may not be sustainable . All the while they have the infrastructure in place to service their existing customers . Not so cut and dried is it . But go ahead and invest in rail car manufacturing and you may see a spike in the next couple of years .
I know that pipelines are cheaper than shipping oil by rail. Petros just doesn't seem to accept that.
The thing I am talking about here is that the railroads don't need to service their existing customers. If moving oil by rail really made sense, oil companies could outbid other customers and take over a much larger portion of the exiting rail capacity.