Canadian economy heading for recession
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That would be just plain stupid.This country runs on oil and will into the foreseeable future. What is needed is more pipelines and ports so Canadian oil and gas can be sent to all parts of the country. That is infrastructure that is good for the economy and doesn't cost the taxpayer a dime.
The welfare cases are popping up in Alberta's, right now. Ontario is still booming. If a recession is coming, it hasn't arrived there, yet.
That would work if the current weather model holds true, if the east starts getting longer winters then the farmland is going to move south ahead of the snow.
Rail is the best way at the moment as the routes can be changed very easily. Combustible loads can be made to be long and slow and the other material items are lighter so they could move on a train that travels much faster.
A dual system is also possible by putting the heavy loads on the lowest track when it passes it can also recharge some capacitors that run the magnets for the mag-lev part of the system that hangs above the heavy rails and by hanging it finds it's own CG so your drinks don't spill your drinks even at 400kph. (being high also takes you out of moose territory)
If the east is cooling off then all the baby-boomers and others that aren't working have to go an sit on a beach in Mexico where keeping you alive costs Canada less money that letting you freeze when the power-lines go down and the snow is too deep until April. That is the direction the oil and people would move then.
http://www.youtube.com/watch?v=9LtHY1LKrJo&index=5&list=PL00u99IRraJtn38lgAequUjcZR_uFnkdY
The first phase would be building meter high dams with old tires and something the will hold then in place during a flash flood. The trapped material slows the water down and the silt is where the first vegetation (trees) will show up. Not long after grass will grow. It is called Permaculture.
In it's most basic form. It would also suggest rivers like the Mississippi are landscaped so they flow in a straight line and the fields would be built to collect the sediment that gets washed down stream. The era when people had to live beside the water to avoid carrying it is long past. Living at the top of the hill with a big man-made pond is how you survive a river flood without taking any damage.
The summer construction season should have 60 more days before they shut down.
The ones that return to school should see a bit of a hiring to take their places until winter sets in. The better bet is everybody is ahead of schedule just because the contracts are smaller rather than fewer in number.
We entered a depression as soon as oil went below $75/bbl. To hide it 1 liter of milk is now 0.9 liter as an example, the produce isle would be easy to hide that change.
Even the sanctions against Russia isn't causing the slowdown in the EU and the EU hurting as much as they claim they are hurting Russia.
Alberta has lost 35,000 oilpatch jobs, petroleum producers say
http://www.cbc.ca/m/news/business/a...lpatch-jobs-petroleum-producers-say-1.3208717
http://www.cbc.ca/m/news/business/a...lpatch-jobs-petroleum-producers-say-1.3208717
Flossie is counting.... Each lost job in the oil patch represents 10 or 20 thousand lost in transfer payments.
It's gonna be a miserable Xmas at the Floster household this year.... Just a long, cold winter
It's gonna be a miserable Xmas at the Floster household this year.... Just a long, cold winter
Counting? He ran out of fingers and toes. The first people to be laid off were people from out of Province. Places like ON, NS, NB, PEI. Which are counted as those Provinces because that is where they pay taxes and collect EI.
You are assuming that he can count at all... In the end, he's just one of those guys that firmly demands that his miserly needs company
Country bracing for 'made in Canada' recession: former chief statistician | CTV News
CTV News | Top Stories - Breaking News - Top News Headlines
As Canada braces for the anticipated confirmation next week that it’s in a recession, a former chief statistician says the country has no one else to blame but itself.
Munir Sheikh told CTV’s Power Play on Thursday that the country is likely headed into a “made in Canada recession,” especially given recent news that the U.S. economy grew 3.7 per cent in the last quarter.
“Obviously we are doing something in this country, given that three quarters of our exports go to the U.S., which will make the economy pretty weak. So to some extent, our recession is a made in Canada recession.”
Statistics Canada will release its gross domestic product figures for June next Tuesday, which will show whether Canada had two consecutive quarters of negative economic growth and, thus, met the technical definition of a recession. Canada has seen five consecutive months of economic decline.
All the money talk comes as the federal leaders spar over how they would handle the country’s economy if elected.
Liberal Leader Justin Trudeau announced Thursday that, if elected, his government would run modest, short-term deficits until 2019 in order to boost the economy. Conservative Leader Stephen Harper slammed the Liberal plan, saying Trudeau’s small deficits would turn into large ones leading to high taxes and program cuts.
Reacting to Trudeau’s plan, Sheikh says it is a good time to run deficits, given the state of the Canadian economy.
“The choice for you (as a leader) is whether that money should be borrowed by governments to do useful things or should that money flow to households,” said Sheikh. “I think a senseful thing to do is for the government to be doing useful things in bad economic times.”
But the Conservatives do not agree with Sheikh. Conservative candidate for Calgary Nose Hill, Michelle Rempel, told Power Play that huge deficit spending is not the way to go – and the Liberals don’t understand that.
“It creates increases in taxes and it creates a downgrading in credit rating,” said Rempel. “The Liberals, once they figured out that budgets don’t balance themselves, they just gave up.”
The NDP also criticized the Liberals, saying that a balanced budget is achievable if a government sets its priorities straight.
“We’re going to have a fully costed platform and the point is we don’t actually need to go to into deficit to honour the commitments we’re making,” said NDP candidate for Halifax, Megan Leslie. “It is really about priorities and making those choices.”
Liberal Rodger Cuzner, who is running for re-election in Cape Breton-Canso, said he stands by his leader’s economic plan.
“It should get us through the hump period here with the downturn in the oil,” said Cuzner.
A recent Nanos Research poll shows that a majority of Canadians -- 54 per cent --support deficit spending, while 36 per cent oppose it and 10 per cent said they were unsure.
Country bracing for 'made in Canada' recession: former chief statistician | CTV News
CTV News | Top Stories - Breaking News - Top News Headlines
As Canada braces for the anticipated confirmation next week that it’s in a recession, a former chief statistician says the country has no one else to blame but itself.
Munir Sheikh told CTV’s Power Play on Thursday that the country is likely headed into a “made in Canada recession,” especially given recent news that the U.S. economy grew 3.7 per cent in the last quarter.
“Obviously we are doing something in this country, given that three quarters of our exports go to the U.S., which will make the economy pretty weak. So to some extent, our recession is a made in Canada recession.”
Statistics Canada will release its gross domestic product figures for June next Tuesday, which will show whether Canada had two consecutive quarters of negative economic growth and, thus, met the technical definition of a recession. Canada has seen five consecutive months of economic decline.
All the money talk comes as the federal leaders spar over how they would handle the country’s economy if elected.
Liberal Leader Justin Trudeau announced Thursday that, if elected, his government would run modest, short-term deficits until 2019 in order to boost the economy. Conservative Leader Stephen Harper slammed the Liberal plan, saying Trudeau’s small deficits would turn into large ones leading to high taxes and program cuts.
Reacting to Trudeau’s plan, Sheikh says it is a good time to run deficits, given the state of the Canadian economy.
“The choice for you (as a leader) is whether that money should be borrowed by governments to do useful things or should that money flow to households,” said Sheikh. “I think a senseful thing to do is for the government to be doing useful things in bad economic times.”
But the Conservatives do not agree with Sheikh. Conservative candidate for Calgary Nose Hill, Michelle Rempel, told Power Play that huge deficit spending is not the way to go – and the Liberals don’t understand that.
“It creates increases in taxes and it creates a downgrading in credit rating,” said Rempel. “The Liberals, once they figured out that budgets don’t balance themselves, they just gave up.”
The NDP also criticized the Liberals, saying that a balanced budget is achievable if a government sets its priorities straight.
“We’re going to have a fully costed platform and the point is we don’t actually need to go to into deficit to honour the commitments we’re making,” said NDP candidate for Halifax, Megan Leslie. “It is really about priorities and making those choices.”
Liberal Rodger Cuzner, who is running for re-election in Cape Breton-Canso, said he stands by his leader’s economic plan.
“It should get us through the hump period here with the downturn in the oil,” said Cuzner.
A recent Nanos Research poll shows that a majority of Canadians -- 54 per cent --support deficit spending, while 36 per cent oppose it and 10 per cent said they were unsure.
Country bracing for 'made in Canada' recession: former chief statistician | CTV News
I'm guessing that there is a very direct reason why this dude is a 'former' stats guy
Jealousy and misery with a hefty dose of brainwashing which goes for all the econauts. If they weren't being brainwashed they'd bitch twice as hard over Hibernia, Terra Nova and Whitehorse as they have 100X potential for horrific disaster.