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Why not Canada? A joint Globe and Mail/TSN project studied four Canadian markets...

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grumpy old man

grumpy old man
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A joint Globe and Mail/TSN project studied four Canadian markets with the goal of determining which would be most realistic for an NHL franchise
A decade ago, with the loonie tanking and the NHL expanding to non-traditional hockey markets, Canadian fans fretted about the possible extinction of all the country’s NHL franchises, save for the Toronto Maple Leafs.

The Winnipeg Jets and Quebec Nordiques had already moved to become the Phoenix Coyotes and Colorado Avalanche, respectively, when American George Gillett Jr. was introduced as the Montreal Canadiens’ new owner in January of 2001. He felt compelled to ease the tension by saying: “These are the Montreal Canadiens, not the Oklahoma City Canadiens.”

Fast-forward nine years. Today, fans are talking about the possibility of a seventh franchise in Canada to go with the thriving six, whether by expansion or relocation. The assumption – it’s not if, but when.

“Hockey [in Canada] is at its mecca now,” says Professor Norm O’Reilly, an expert in sponsorship and franchise business models at the University of Ottawa. “The Canadian economy is probably at its best position versus the U.S. than it’s been in a long time. So right now is a great time.”

A joint Globe and Mail/TSN project studied four Canadian markets – Winnipeg, Hamilton, Quebec City and the Greater Toronto Area – with the goal of determining which would be most realistic for an NHL franchise.

Each market will be reported separately in the next four installments of a six-part series, both with a story in The Globe and a segment on TSN’s SportsCentre.

Read whole story here.

David Naylor

From Monday's Globe and Mail
Published on Monday, Jul. 05, 2010 9:29AM EDT
Last updated on Monday, Jul. 05, 2010 9:50AM EDT

grumpy old man

grumpy old man
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Naysayers and boosters aside it'll be interesting reading what the "experts" assembled by the Globe and Mail and TSN have to say.

Deank

Deank
contributor eminence
contributor eminence

bafflegag and bullshoot

"Quebec’s unemployment rate ranks among the lowest in North America."

grumpy old man

grumpy old man
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administrator

Are ya sayin' they are wrong? I think they meant Quebec City versus the chronically high unemployment rate that is the Province of Quebec?

Anywho, Winnipeg has had one of the lowest, and often the lowest, unemployment rates in Canada for at least two years now. Maybe longer.

Deank

Deank
contributor eminence
contributor eminence

The problem with those numbers is that they dont include welfare recipients. True, that is the same for everywhere across North America, HOWEVER, Quebec has significantly more people on social assistance then most other areas.

True, at present Quebec is still possibly better then alot of areas in North America because some areas in the states the unemployment rate is quite high. But saying it ranks among the lowest? not likely.

grumpy old man

grumpy old man
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administrator

I wonder if QC has low unemployment numbers due to it being the provincial capital? Winnipeg too, maybe to a lesser degree?

Deank

Deank
contributor eminence
contributor eminence

not really no. QC has a I think.. 10% welfare rate and 8 or 9% UI rate.

so they do have more capital funding and a lower UI and welfare rate that Montreal, but significantly worse then other Canadian cities.

grumpy old man

grumpy old man
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administrator

The latest stats for QC unemployment is 5.1% I believe.

grumpy old man

grumpy old man
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administrator

Deank

Deank
contributor eminence
contributor eminence

I would lay odds that if they had a more recent Welfare rate it would go up by about 2%

AGEsAces

AGEsAces
moderator
moderator

but remember...unemployment rates are based upon those who are collecting unemployment.

it could be a large majority of those who may be unemployed, have become entrepreneurs of sorts...or are working under the table.

http://www.photage.ca

grumpy old man

grumpy old man
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administrator

Unemployment rate in Canada is based upon the number of people actively looking for work. The actual rate of those collecting employment insurance is not the measure.

Deank

Deank
contributor eminence
contributor eminence

balderdash!

prove it.

grumpy old man

grumpy old man
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administrator

Jane you ignorant slut. Prove me wrong.

Deank

Deank
contributor eminence
contributor eminence

There is no possible way to count the number of people actively looking for work.


done.

grumpy old man

grumpy old man
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administrator

First result when googled... http://en.wikipedia.org/wiki/Unemployment

Unemployment occurs when a person is available and willing to
work but currently without work.[1]
The prevalence of unemployment is usually measured using the
unemployment rate, which is defined as the percentage of those in the labor
force
who are unemployed.

grumpy old man

grumpy old man
administrator
administrator

Deank wrote:There is no possible way to count the number of people actively looking for work.


done.
None-the-less Deank the numbers Canada posts as an unemployment rate are not the unemployment insurance numbers...

AGEsAces

AGEsAces
moderator
moderator

They have to be grumpy...combined (perhaps) with the number of ROEs issued.

But...for example...you CAN'T judge an unemployment rate based upon those who are looking for work.

Many people are actively working AND looking for work at the same time, including submitting applications and resumes.

The ONLY viable number to indicate unemployment rates is how many people are applying for or collecting unemployment benefits.

http://www.photage.ca

grumpy old man

grumpy old man
administrator
administrator

That may well be AA, but that is still not the way it is done...

http://answers.yahoo.com/question/index?qid=20090315171948AA9JRv7

I'll keep looking for the definitive answer.

Deank

Deank
contributor eminence
contributor eminence

grumpy old man wrote:
Deank wrote:There is no possible way to count the number of people actively looking for work.


done.
None-the-less Deank the numbers Canada posts as an unemployment rate are not the unemployment insurance numbers...

but how do you come about thinking that?

grumpy old man

grumpy old man
administrator
administrator

Here is a formula for calculating unemployment rates in the US.

http://festersplace.blogspot.com/2004/04/calculating-unemployment-rates.html

grumpy old man

grumpy old man
administrator
administrator

Deank wrote:
grumpy old man wrote:
Deank wrote:There is no possible way to count the number of people actively looking for work.


done.
None-the-less Deank the numbers Canada posts as an unemployment rate are not the unemployment insurance numbers...

but how do you come about thinking that?
Well I've posted several links that suggest I'm correct. Don't agree? Maybe you have a link that shows something to the contrary?

Deank

Deank
contributor eminence
contributor eminence

uhh.. I read through your links and none of them say anything about "actively looking for work" as the way. .a couple suggest it.. but are not sure

Deank

Deank
contributor eminence
contributor eminence

here is how Canada does it.

apparently its more then a little convoluted

http://www.statcan.gc.ca/cgi-bin/imdb/p2SV.pl?Function=getSurvey&SDDS=3701&lang=en&db=imdb&adm=8&dis=2

grumpy old man

grumpy old man
administrator
administrator

Typical of a government document: gobbly-gook. Simply put: Together, three monthly surveys tell a more complete story of current
labour market events. These surveys are: the Labour Force Survey (LFS),
the Survey of Employment, Payrolls and Hours (SEPH) and the Employment
Insurance Statistics (EIS). The LFS focuses on its strengths:
timeliness and demographic analysis of the labour market. SEPH reports,
which come out later each month, show greater detail on industry and
wages. The EIS provide substantial detail by geography.


I think I know how I was confusing the issue. By saying the unemployment rate was based upon those actively seeking work implied that was the only measure. I merely wanted to point out the rate was not calculated by EI statistics alone. My apologies.

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