Canada lost 70,000 jobs last month

[Oliver88]

Maybe Errol can explain why Canadians are going to Texas this winter to work if it's as bad as he says. Why in ND it's booming and yet north in Saskatchewan it's not.

Chuck your a socialist from day one. You loved the CWB in all its corruption. That says a lot about you.

lost 70000 jobs

Gained 266000 jobs.

Yea Trudeau is a genius.

It’s still amazing how all the negative numbers are pouring out now that the election is over.

[chuckChuck]

Why would the Canadian Election have a negative impact on oil jobs in texas?

[SASKFARMER]

Ok, chuck your so smart.

Explain Trudeau is now the gov for the last 4 plus years.

If Canada is doing so good why the loss of 70000 jobs in one month.

And explain why the USA if like the CBC and you say is doing so poor gained 266000 new jobs again.

I'm really interested in your take.

Please show us.

[dmlfarmer]

Ok, chuck your so smart.

Explain Trudeau is now the gov for the last 4 plus years.

If Canada is doing so good why the loss of 70000 jobs in one month.

And explain why the USA if like the CBC and you say is doing so poor gained 266000 new jobs again.

I'm really interested in your take.

Please show us.

How come everyone here is ignoring the fact that Trump has basically bought those jobs with massive increases in debt. By the end of this first term, if he continues to spend at the rate he has for the first three years he will have increased US debt by 5.088 TRILLION dollars. And his budget for the second term, if he wins, would result in adding over 9 TRILLION in debt over his 8 years. That is a 30% increase in the US debt over all other presidents combined.

You scream bloody murder with the debt in Canada and Trudeau spending, yet it is much less on a per capitia basis than what Trump is spending in buying jobs and inflating the economy.

[Hamloc]

Thanks Errol. Its good to have the global and North American perspective on what is happening.

I believe Errol must have read Chris Varcoe's latest article in the Calgary Herald talking about Houston. A couple of interesting points, Houston's unemployment rate is 3.5% compared to 7.2% in Calgary. Their closer proximity to the coast means they don't have the delivery bottlenecks that we have in Canada. Houston has 5 times the population of Calgary and oil workers are a much smaller piece of the overall pie.

Also read an interesting article on CNBC about U.S. Job numbers, a very interesting read. Also Chuck much to my amusement there is a chart in this article that plots job numbers since 2008. Hmmm, looks almost identical to Canada's that you posted above.

[SASKFARMER]

Ok, ill bite.

Nut case your hero who destroyed Alberta ran what a 100 billion debt. How well is Alberta doing with the job?

Trudeau with his plan to destroy an industry where the country has the third-largest oil reserve in the world. He runs massive debt and loses jobs.

Please explain, im baffled at how you cant see whats going on.

Americans are happy are Canadians.

[chuckChuck]

Ok, chuck your so smart.

Explain Trudeau is now the gov for the last 4 plus years.

If Canada is doing so good why the loss of 70000 jobs in one month.

And explain why the USA if like the CBC and you say is doing so poor gained 266000 new jobs again.

I'm really interested in your take.

Please show us.

Month to month volatility. There were also several months of strong job creation. Who do you "blame" or give credit for those good months? Long term trends are what matter.

[bucket]

I think the reporting is flawed....there will be a correction....

[chuckChuck]

Take note of who was in power during the time periods in the graph.

Was Harper responsible for the financial meltdown in 2008? Nope. Was Trudeau responsible for the meltdown in oil prices in 2014? Nope!

[jazz]

How come everyone here is ignoring the fact that Trump has basically bought those jobs with massive increases in debt. By the end of this first term, if he continues to spend at the rate he has for the first three years he will have increased US debt by 5.088 TRILLION dollars. And his budget for the second term, if he wins, would result in adding over 9 TRILLION in debt over his 8 years. That is a 30% increase in the US debt over all other presidents combined.

You scream bloody murder with the debt in Canada and Trudeau spending, yet it is much less on a per capitia basis than what Trump is spending in buying jobs and inflating the economy.

Did you check Obamas 8 years? Added almost a trillion per year in his terms and nowhere the return on investment. Trump has created more wealth, market returns and jobs in a couple years than Obama did in 8 on the same investment. Trumps ROI is twice as high as Obamas. Trump created a backlog of 7 million jobs. I don't ever remember a President doing anything like that. He is going to report 200k+ jobs per month for the next 4 yrs. That's incredible.

Meanwhile Trudeau will be wondering which bathroom to use as jobs and capital get sucked out of here like a vacuum to the proud USA. Someday soon our socialist geniuses will be standing around wondering what happened while Canada slips off the economic ladder into something akin with Venezuala. But you wont even be able to shoot your dog or cow for food because the govt will have your guns.