Canada: land of new jobs?

Deke · **Joined:** Fri Jul 09, 2010 7:23 am **Posts:** 115

Canada: land of new jobs?

Analysis: Canada has regained almost all the jobs it lost since the 2008 downturn.

TORONTO, Canada — For Canadians, the economic news this summer has been good.

In June, an impressive 93,000 jobs were created, according to the government agency, Statistics Canada. The job growth amazed economists — they had predicted no more than 20,000 more jobs for the month. The unemployment rate dropped to 7.9 percent, the first time the rate has been below the 8 percent mark since January 2009.

“I’m flabbergasted,” economist Derek Burleton, with the TD bank, told the CBC. “It really does speak to the strength of the domestic economy.”

Since July 2009, 403,000 jobs were added to the Canadian economy.(SNIP)
The Full Story Here

grolaw · **Posted:** Fri Jul 30, 2010 7:38 pm

Yeah, this is not news. The Financial Times reported this story about two months ago. Canadian banks had been over extended just like the US were, only Canada dealt with the problem back in the '90's.

At the moment Canadian banks want to be able to loan to US businesses - but our regs prevent it.

As far as immigration to Canada - the nation's birthrate is too low to keep its infrastructure intact and immigration is a part of that nation's plan - but you have to bring a skill-set and/or funds that make you a worthwhile emigre. If you're a skilled neuro-surgeon, you're in. If you are a HS grad and can frame a house - sorry.

RoyPDX · **Posted:** Fri Jul 30, 2010 8:10 pm

As long as Canada's population growth rate is positive, though small, why would the infrastructure be in danger?

If a nation's pop. growth must be kept high to prevent...what?...then the infrastructure is an ass.

Growth is no longer a good thing, and any failing of infrastructure due to a low (but positive or zero) growth, is evidence of a poor infrastructure model--because if growth continues as it is, it won't be that long before the ENTIRE infrastructure fails...simply because there will be neither resources nor freaking SPACE to house the humans on this planet.

We've become a planetary virus; and global climate change is ultimately a result of our excess population than to just carbon emissions.

Motor City · **Joined:** Wed Jul 07, 2010 4:25 pm **Posts:** 190

GM's last plant in Windsor to close

Quote:

WINDSOR, Ontario — Workers at General Motors Canada in Windsor, Ontario, rolled their final transmission off the line today as the automaker’s last plant in the former capital of Canada’s automotive industry prepared to shut down operations.
The closure of the plant — which built transmissions for the Pontiac G5 and Chevy Cobalt — ends 90 years in Windsor for GM.

Windsor Mayor Eddie Francis said this kind of closure is always a sobering time, and city officials are concerned about the 500 workers whose jobs are disappearing........

well what is considered a job? a job with inadequate benefits and pay being created in place of one with healthy pay and benefits is not the same thing like replacing a lost $100 bill for a $1 bill and just saying we succeeded in replacing the bill.

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Canada: land of new jobs?

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