Canada added 1 MILLION jobs, most from Ontario

[mentalfloss]

Alberta is a complete disaster.


Canada added almost 1 million jobs in June but still almost 2 million down from pre-COVID level

The job gains were better than the 700,000 jobs that economists polled by Bloomberg were forecasting.

More than half of the new jobs came from Ontario and Quebec, which added 378,000 and 248,000 jobs, respectively.

https://www.cbc.ca/amp/1.5644672

 

[captain morgan]

Flipping burgers and landscaping..... You getting the hang of asking folks if they want fries with that?

 

[Twin_Moose]

Funny thing with this is the Unemployment rate keeps going up

My bad 1/3 post pandemic job gain only raised the unemployment meter .09%, figures don't match someone is fudging numbers IMO.

 

[Jinentonix]

Alberta is a complete disaster.


Canada added almost 1 million jobs in June but still almost 2 million down from pre-COVID level

The job gains were better than the 700,000 jobs that economists polled by Bloomberg were forecasting.

More than half of the new jobs came from Ontario and Quebec, which added 378,000 and 248,000 jobs, respectively.

https://www.cbc.ca/amp/1.5644672

You forgot to mention that half of the job "gains" were part-time.

 

[captain morgan]

Funny thing with this is the Unemployment rate keeps going up

Minimum wage, p/t jobs at best.

Flossy is almost as bad as Joshy with his ridiculous and endless propaganda

 

[Hoid]

Jobless rate down - more than half the new jobs full time.

The news could not be any worse for the Trudeau Deranged

 

[captain morgan]

Does your mom tell you that you look handsome in your work uniform?

 

[B00Mer]

Alberta is a complete disaster.
Canada added almost 1 million jobs in June but still almost 2 million down from pre-COVID level
The job gains were better than the 700,000 jobs that economists polled by Bloomberg were forecasting.
More than half of the new jobs came from Ontario and Quebec, which added 378,000 and 248,000 jobs, respectively.
https://www.cbc.ca/amp/1.5644672

Trump added 4.5 million jobs..

 

[Decapoda]

I don't see this as a surprise. There was bound to be a massive rebound once people came to the realization that the world wasn't coming to an end and the wu-flu wasn't some zombie apocalypse.

Unfortunately, any gains from here on in are going to be much tougher to achieve, and further losses are inevitable. Also, I think that the unemployment numbers are skewed, as many people who have been given "temporarily lay offs" may never return to their jobs, and are not included in the unemployment numbers. This has been nothing short of devastating to small businesses, particularly in the service, airline, and hospitality sectors.

 

[Decapoda]

It is also worth noting that the economy is still relatively stable. As far as I can tell, people are spending pretty much as they have before the March pandemic shutdowns. I honestly hope that as 3 and 6 month mortgage deferrals run out, and the CERB is eventually cancelled, people have planned for what's around the corner. The economy will almost certainly slow down as all these hundreds of billions of dollars of temporary relief dry up, and taxes and interest rates inevitably rise once the bill comes due.

 

[Hoid]

A million new jobs in June.

Already half way back

 

[captain morgan]

Shouldn't you be getting ready for the afternoon shift?

 

[Jinentonix]

A million new jobs in June.

Already half way back

Um, 1 million isn't half of 3 million.

 

[mentalfloss]

Alberta is ****ed

Oil producers on hook for millions in contingency payments to TC Energy if Keystone XL cancelled

The risk of a Keystone XL cancellation has increased significantly in recent months as polls have indicated former U.S. vice-president Joe Biden holding a lead over U.S. President Donald Trump ahead of November’s U.S. presidential election. Biden has promised to kill the pipeline project.

Analysts say that TC Energy had to foot the full cost of Keystone XL’s rejection in November 2016 and is taking a more cautious approach to managing risk since the project has been revived under Trump. As pipelines have become more difficult to build given frequent court and regulatory challenges, these types of contingency payments are becoming more common, generally, the analysts said.

https://financialpost.com/commoditi...wcm/b7aa3c1b-a0c3-4315-af27-1bb050658f8c/amp/

 

[taxslave]

Alberta is a complete disaster.
Canada added almost 1 million jobs in June but still almost 2 million down from pre-COVID level
The job gains were better than the 700,000 jobs that economists polled by Bloomberg were forecasting.
More than half of the new jobs came from Ontario and Quebec, which added 378,000 and 248,000 jobs, respectively.
https://www.cbc.ca/amp/1.5644672

Canada didn't add any jobs. This was just a few people finally being allowed to go back to work.

 

[taxslave]

A million new jobs in June.
Already half way back

Zero new jobs. A few people being allowed to finally go back to work.

 

[taxslave]

Um, 1 million isn't half of 3 million.

DIpper math.

 

[Jinentonix]

Alberta is ****ed

Oil producers on hook for millions in contingency payments to TC Energy if Keystone XL cancelled

The risk of a Keystone XL cancellation has increased significantly in recent months as polls have indicated former U.S. vice-president Joe Biden holding a lead over U.S. President Donald Trump ahead of November’s U.S. presidential election. Biden has promised to kill the pipeline project.

Analysts say that TC Energy had to foot the full cost of Keystone XL’s rejection in November 2016 and is taking a more cautious approach to managing risk since the project has been revived under Trump. As pipelines have become more difficult to build given frequent court and regulatory challenges, these types of contingency payments are becoming more common, generally, the analysts said.

https://financialpost.com/commoditi...wcm/b7aa3c1b-a0c3-4315-af27-1bb050658f8c/amp/

Analfloss cheers American protectionism by the Democrats at Canada's expense. You sure you're Canadian, boy?

 

[taxslave]

It is also worth noting that the economy is still relatively stable. As far as I can tell, people are spending pretty much as they have before the March pandemic shutdowns. I honestly hope that as 3 and 6 month mortgage deferrals run out, and the CERB is eventually cancelled, people have planned for what's around the corner. The economy will almost certainly slow down as all these hundreds of billions of dollars of temporary relief dry up, and taxes and interest rates inevitably rise once the bill comes due.

I don't think so when you look at sales figures for RVs and boats. Look at the financing plans offered on a new boat, 8 year loan at about $180/mo on a $25000 loan about half pays for it. Same thing with RVs. Then too most city folk don't have the space to park these things at home so the storage yard is going to be an additional expense. Last year we used one of these plans to buy our new boat because it was convenient at the time to not pull out any savings. Paid the whole thing off over 1 year out of cash flow so total interest was minimal. I doubt most people have that kind of resources of fiscal determination. Paying the loan out and making extra payments was enough of a problem to almost make you want to just let the bank collect their interest.

 

[Hoid]

DIpper math.

iter
37,633 since Jun 2010
Mississauga, ON
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Alberta is a complete disaster.


Canada added almost 1 million jobs in June but still almost 2 million down from pre-COVID level

The job gains were better than the 700,000 jobs that economists polled by Bloomberg were forecasting.

More than half of the new jobs came from Ontario and Quebec, which added 378,000 and 248,000 jobs, respectively.

https://www.cbc.ca/amp/1.5644672