Canadian economy BOOMING as oil takes a nosedive

Danbones

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Sep 23, 2015
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It might take a while for him to change the program...and he won't likely be able to for people already on it. It's contractual.
 

Danbones

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Sep 23, 2015
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Well if the economy was going to strengthen, It might work - training being the result, but if things decline...
:(
Ooooops. Long time lay offs, terminations, bankruptcies, etc...in the face of real rising costs.
 

petros

The Central Scrutinizer
Nov 21, 2008
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Low Earth Orbit
Just like the guaranteed income test program? ;)
The woman who forgot to have kids and filled the emptiness and baby cheque income by babysitting other women's kids lost the opportunity to volunteer at the nonprofit.

The social impact is enormous.
 

petros

The Central Scrutinizer
Nov 21, 2008
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But she was considering going back to school of course Lol

Yeah $60K of Govt backed debt for an Arts degree so she can earn $15 an hour, plus the money for nothing and then tips drawing hummingbirds in latte foam is a huge waste of human capital investment.
 

petros

The Central Scrutinizer
Nov 21, 2008
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Doesn't matter her dreams are smashed now that the program ended 2 years early.

Hey, if she can draw Tippy the Turtle in a latte she can get in a correspondence course and practice while babysitting.

Better yet she could pop out a couple kids and get paid by Govt.
 

Twin_Moose

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Apr 17, 2017
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So MF our economy is booming eh?

Annual inflation rate hits 3.0% in July


OTTAWA - Statistics Canada says higher gasoline prices helped push the country's annual inflation rate in July to its highest reading since September 2011.
The federal agency says the consumer price index for July was up 3.0 per cent on a year-over-year basis compared with a 2.5 per cent increase in June.
Economists had expected a year-over-year inflation rate of 2.5 per cent, according to Thomson Reuters Eikon.
Consumer prices for gasoline were up 25.4 per cent, while the cost of air transportation was up 28.2 per cent compared with a year ago.
The result put inflation at the upper end of the Bank of Canada's target range of one to three per cent. Earlier this summer, the Bank of Canada predicted inflation to move as high as 2.5 per cent — due to temporary factors like higher gas prices — before it settles back down to two per cent late next year.
The average of Canada's three measures of core inflation, which leave out more-volatile data like pump prices and are closely watched by the central bank, rose last month to 2.0 per cent compared with 1.96 per cent in June.

Inflation is passing our GDP can't be good for us
 

spilledthebeer

Executive Branch Member
Jan 26, 2017
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The government is paying him about 5 bucks a head to hire those minimum wage earners...
;)
It's a program they have apparently.


Yes- this program is modelled on one run in United States where owners of McDonald`s franchises get PAID by govt to TRAIN their employees........to ask "do you want fries with that"? And not to stick their fingers in the french fryer to test if it is hot!!!!!!!!!!


Its a GREAT RACKET!!!!!!!!!!!!!!!!!!!!!!!


Easy govt money offered up to make America morbidly obese!!!!!!!!!!!!!!!!!!!!!!!!!!!


I guess the LIE-beral govt decided it would be better to pay Cdns to work at McDonalds than to be bombarded with complaints about foreign workers stealing Cdn jobs!!!!!!!!!!!!!!!!


After all- we have a LARGE supply of illegals that can work at Mickey D`s place now!!!!!!!!!



And of course LIE-berals want to preserve and even expand their guaranteed income crap so illegals will profit nicely and Cdns will be obese and happy- gorged on cheap fries!!!!!!

 

Hoid

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Oct 15, 2017
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Everything they say about the American economy to build up Trump they say the opposite abut the Canadian economy to tear Trudeau down.

The wheels on the little bus go round and round.
 

Hoid

Hall of Fame Member
Oct 15, 2017
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right. It's all about whatever numbers one chooses to talk about.
 

Twin_Moose

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It's setting Canada up for a national recession our economy is stagnating and inflation is rising, hopefully the West can pull us through again. ;)