Canada adds a surprise 58,200 jobs in April
- Thread starter petros
- Start date
What does that matter? Have you any idea of what Canada looked like in the late 1950s? Alberta had a population of little more than a million. Cowtown was about one fifth of its present.
And Ontario had quite a substantial outlet to the seas. And the international trade to go with it.
And Ontario had quite a substantial outlet to the seas. And the international trade to go with it.
Alberta wasn't 3rd largest. What was Canada's biggest export by volume when the seaway as built and where were markets for that product?
That's only part of the reason. While I'm not denying the Dutch disease, there are ways around it too. The strong dollar also means more purcasing power, so a simple solution would be eliminating minimum wage and deflating wages in Ontario, which would not be a wage reduction in real purchasing power though since the dollar is strong anyway. This would be one remedy.
Again, I agree we need to cut back on resource exploitation, but there are still things the Ontario government can do to combat it somewhat.
You're nuts. Resource exploitation is Canada's best hope for continued prosperity for the next 1000 or more years.
You got that part right, wages should be determined by the market place and what the performance of the worker warrants, and once that is established, then prices would start to fall in line.
How come none of the usual suspects have blamed Harper for the stats not meeting what the experts predicted?
Funny you mention this; according to a 'study' (posted by one of the usual suspects), the CUPE economist declared that Harper was leading us down the path to destruction and mayhem.
I wonder what that economist's analysis would have looked like if the 58,200 jobs were union?
Thats right and the tough pioneers came west and opened up the resources and now not one of us cares about Ontario anymore as they struggle to figure out why they have no jobs.Karma can be a real bitch sometimes.
Why? Because we're too incompetent to actually produce anything?
What does frustrate me about the Ontario government is that instead of finding a workaround for the high dollar it just blames the resource sector.
Same with Mulcair. I agree with him when he talks about the Dutch disease, but instead of just complaining about it, why not propose solutions such as removing minimum wage legislation, training programmes for the unemployed, etc.
Producing takes resources,we have them and are experts at exploiting them and creating jobs,I have worked in many exploration camps with 40 guys drilling where ya had to **** in a pail and now they are full blown mines providing hundreds of local jobs and thousands of spin off jobs.We dont exploit them someone else will.