The Canadian Economy

I think I will apply for jobs in Saskatchewan

Interesting stats on home sales being extremely strong, although average price falling in most areas except Winnipeg, which has seen an increase in prices. The last 3 months have seen about a 10% increase in quantity of home sales each month over the prevous month. I guess a 2.45% mortgage rate doesn't hurt.
I am getting a new mortgage and the rate is 2% lower and what a huge difference .

HurtinAlbertan wrote:I think I will apply for jobs in Saskatchewan

Don't try to take an MTS cell phone plan with ya when you go

Jobless rate climbs to 8.4%


Last Updated: Friday, June 5, 2009 | 7:22 AM ET



Canada's unemployment rate rose to an 11-year high of 8.4 per cent in May as employment dropped by 41,800, Statistics Canada said Friday. The jobless rate was up from eight per cent in April, when the country added about 36,000 jobs as a result of rising self-employment. Economists had been looking for about 36,000 jobs to be lost in May.

Full-time employment dropped by 58,700 last month, bringing total full-time losses since October to 406,000. Part-time employment rose by 17,000, continuing a trend since October 2008 that has seen 44,000 part-time workers added. May's job losses were led by falling employment in the manufacturing sector in Ontario.

While there were pronounced losses in Ontario, employment increased in Manitoba, Nova Scotia and Saskatchewan, and was little changed in all other provinces. Statistics Canada said that in addition to the manufacturing sector, there were also job losses in transportation and warehousing. Public administration was the only industry with a notable employment increase.

source: CBC.CA


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Once again Manitoba bucks the trend of unemployment and job losses that have hit other provinces so hard. Hopefully we will continue to weather the storm

Good news, employment in Manitoba increased.

Bad news, it will take 3 generations to pay off the public debt used to create the increase in Manitoba employment.

That is an astute observation....and sadly true.

I would bet 5 generations minimum unless we get a better government soon

Thats what you get from a drunken sailor in town , spend spend .

We are safe in Manitoba and Saskatchebush, and that is all we should be concerned about!

Project JUSTAS will "cost as much as $750 million and...give the Canadian military a capability that only a handful of other countries possess...." [3]

..."The global economic downturn won't prevent the Canadian Forces from spending $60 billion on new equipment."

Although Canada's federal deficit is expected to rise to $50 billion this year from $34 billion in 2008, "MacKay said the government's long-term defence strategy would grow this year's $19-billion annual defence budget to $30 billion by 2027. Over that time, that will mean close to $490 billion in defence spending, including $60 billion on new equipment." [4]


http://www.globalresearch.ca/index.php?context=va&aid=13836

and in 2012 the USA invades and wipes it all out with 200 well placed cruise missiles

bastards

Deank wrote:and in 2012 the USA invades and wipes it all out with 200 well placed cruise missiles

bastards

Wasn't it supposed to be rotten commie meteors that wipe us out in 2012???

yup.. the usa in addition to turning into communists under Obamba is renaming the Marines the meteors.

OTTAWA (Reuters) - Canadian police will investigate why the Royal
Canadian Mint seems to have lost some of its gold and other precious
metals, the government said on Tuesday.

freaky toids

Media
reports say more than C$10 million ($9.1 million) in gold and other
assets are missing. Ottawa acted after it learned that an independent
audit of the mint was not going to be able to solve the mystery.
"I have instructed the mint to call in the Royal Canadian Mounted
Police to (do) a full investigation," junior government minister Rob
Merrifield told reporters, declining to say how much was missing.
Opposition politicians said the incident showed the minority Conservative government was hopelessly incompetent.


http://ca.news.yahoo.com/s/reuters/090609/canada/canada_us_missing

I can't understand why Jerk Layton is complaining. Apparently a lot of it was used to purchase stuff from the Video Professor for government employees.

Freeman wrote:I can't understand why Jerk Layton is complaining. Apparently a lot of it was used to purchase stuff from the Video Professor for government employees.

Hey...that Video Professor isn't all that bad.

Just got a "special edition" version which has about 40 programs on one DVD. Much cheaper than the one on TV too.
But for those who have no clue what they are doing with computers...it's very informative.

"Opposition politicians said the incident showed the minority Conservative government was hopelessly incompetent."

I dont get that... how exactly?

Kettle meet pot eh.