Canada's debt to gdp

[farmaholic]

Sort of like there's no bubble in farmland values here in Western Canada. No need to just look what buyer's are paying for homes in the major cities, what are you guys or your neighbor's paying for farm land. When the real estate bubble pops so does the farm land. Interest rate hikes will do it to both!!

The farmland values are worth it to everyone except those that have to borrow the money and pay for it by farming it and make a "living" on it at the same time....

But nope... no bubble.

[bucket]

Of course real estate is a big thing now....50000 new people to Canada. ...in a short time period....

[chuckChuck]

Euro that Germany uses is way hogher than CAF. Poor excuse.


Real reason we lost all those vehicle jobs? Unions. Plain and simple. Demanding too much way to edpe sive to build cars ere so all the cheaper mass production leaves

Here's the problem. A million people making $24 an hour are worth far more to the economy than 50,000 making $60. UAW didn't figure that out



You need to go live in another country chunky.

Klause what about Germany? Higher wages, higher productivity, lots of Unions, good social programs what's your excuse for their success?

I used another site for GDP because alot of people on this site dont like Stats Canada. Did you look at the data you sent. Goods producing industries and manufacturing are far larger than mining and energy extraction. Manufacturing on its own is larger.

You are overly negative because of your political views. There is little difference from when Harper was in power except the price of commodities went down.

How would you manage the economy different? How would you grow the economy any differently considerng that commodity prices are beyond our control? How would you increase manufacturing considering that the CAD is not stabler elative to the US dollar and others?

[Klause]

Canadian auto workers make almost double what their German counterparts do after all the "benefits" are figured in... A driller in the oil patch during the boom made $55 per hour counting perks

Auto workers are around $70 per hour.


And the productivity isn't there.


Have you been in a German car factory? They don't employ very many people on the assembly line... Compare a German factory to one here it's eye opening.


I agree unions have a place to protect workers from unfair conditions... But they are going way too far with all they want from companies... Not to mention just listening to what happens in the potash mines the unions are more corrupt than the companies now a days.

[tweety]

Klaus, Germany got rid of the uneducated worker positions and instead have programmers, designers, engineers, robotics professionals.....