Canada Losing its Competitiveness

[sumdumguy]

I can sign anything, 82 years out. Even 50 years out, it will be forgotten in ten, when the green turds wake up and realize the “green” comes from no other but CARBON!

[errolanderson]

Released this morning, May 11 . . . Canada lost 1,100 jobs in April with expectations of a 20,000 job increase . . . a major miss.

Canada's unemployment continues to be posted at a 5.8%, the 3rd-month going. But Cdn labour force participation rate is declining . . . down to 65.4% as fewer people are looking for work. Youth unemployment increased in April to 11.1% as only 63.4% are actively in the workforce.

Bankers with 'rose-colored goggles' say; Cdn jobs report not so bad, unemployment is the lowest since 1976 . . . and Bank of Canada may be forced to raise rates as there is some evidence of wage growth.

[bucket]

Errol

Wage growth is eaten up by the Westons and the local gas station. ...


Only place on earth we have discounted oil and highest gas prices.....

Great margins for refiners but wouldn't say it's all rosy putting a crop in when I can keep my liters used the same but my fuel bill is 30 percent higher on price.....


I must be saving the planet environmentally and feeding the world to boot....

****ing stupid hey?

[MBgrower]

why look for work, when the govt will take care of you?

[errolanderson]

Alberta unemployment is rising. Now quoted at 6.7 percent, but much higher than that in reality.

Rising manipulated fuel prices are now a double-whammy.

Watch for fallout in the auto industry ahead. Not a great time to be a car salesman. Suspect big discounts on new vehicles into the fall market when this impact will really hit.

The hammer is about to fall (IMO) . . . .

[SASKFARMER]

100 oil will make this a worthless crop. Doing it for every one else except me.

Trudeau had a plan and it was a bad plan a real bad plan.

But let’s blame Harper why not the idiot knows nothing else.

Oil stocks are going up so 👍

Throw in high interest rates and a piss poor crop and it’s lights out