Canada's labor market dips sharply in February, unemployment rate up

WyattEarp

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Holy fuck do you even read? I also laid a shit ton of blame at Trudeau's feet. You are cherry picking out of my post. Bad form. I specifically saud carbon policy, immigration policy, trade policy, infrastructure policy. That is about as clear as it gets laying blame at the government 's feet.

And covid was a factor in debt and the economy. To say otherwise is about as dumb a statement as it gets. And to say Trump's fucking around is a non issue is also just plain stupid. You aren't stupid. So stop acting like it.

I VOTED FOR THE CONSERVATIVES. And said so at the time. He had a real chance. And failed to inspire the electorate to think he was good enough. Cripes he didn't even win his own riding he held fir 20 years. Thats a rebuke of his policies, and his person.

I never blame voters for election losses. It is always the leader and the party's fault. No politician DESERVES to win, they have to earn it, every time.

He failed. I get it. Des and Saul thought it was a sure thing, Trudeau at 19%. The nation itching to clobber him. And he walked. And Carney came in. It proves people didn't want to vote FOR PP, just against Trudeau. The polling at the time showed Carney had a ten point lead on preferred leader. That counts.

That's politics. Get over it. I did. Looked with an objective eye, and see the path.
I'm simply saying Trump and COVID did not create your structural problems. If Trump backs off of his trade war with Canada, not much is going to improve in Canada in the intermediate term. Sure, there might be a temporary bump on the TSE.

It's clever rhetoric by several Canadians. It also feeds us into the Carney will save us from Trump mythos. You lean into that pretty heavily.
 

Butler1000

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I'm simply saying Trump and COVID did not create your structural problems. If Trump backs off of his trade war with Canada, not much is going to improve in Canada in the intermediate term. Sure, there might be a temporary bump on the TSE.

It's clever rhetoric by several Canadians. It also feeds us into the Carney will save us from Trump mythos. You lean into that pretty heavily.
I agree. That's why I like all the deals Carney is working on. It was the kick in the pants we needed.

How do you feel about the Gordie Howe Bridge and Trump threatening to shut it? That looks like great infrastructure publicly owned, cheaper than the Ambassador Bridge and eventually mutually owed.

Do you agree with Trump?
 

JohnLarue

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A cynical person would say it's about maintaining power.
it is about maintaining power.

The current liberal party is completely focused on implementing Gerald Butts ideology

Here is a perfect example that illustrates this

1773594373122.png

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The federal government tracks important statistics like investment in industrial equipment
It does not take a noble prize in economics to see the impact of the Trudeau/ Carney policies / excessive regulation on investment in industry into Canada
Trudeau was elected and the investment tap was turned right down
Investment money avoids stupid

This investment disaster will further erode the countries competitiveness productivity and our GDP a direct driver of living standards

This problem was quite evident as early as 2016 yet The Trudeau government ignore factual evidence and maintained its failing Ideological driven agenda

Mark Carney is an economist and any economist worth his salt would have view this data (that's is what economist do) and declared Hold on Whow !!!
we need to reverse the foolish policies and regulations to fix this trend or the country will be screwed

Instead Mark Carney off loaded the evil carbon tax onto our industries
He poured gasoline into a dumpster fire. "There I fixed it"
A politically motivated move to retain power

Think about that: An economist ignoring economic data to ensure an ideological driven agenda remains intact and the liberal party remains in power.
No matter how you slice it he is not acting in Canadians best interest

Carney will likely get his majority , ensuring continued under investment in Canada for another 3+ years
Layer on Trumps open invitation to move production to the USA where one can be profitable and our industrial base will have vanished
Investment money avoids stupid

Economic suicide via the Liberal Party of Canada
 
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WyattEarp

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How so? Do you mean forging trade relationships with countries that don't play fair by using subsidies, regulations and barriers to entry? Read most of Europe and Asia. If you think we have it so bad with the U.S. wait until you see what happens with a France, UK or Japan.
This not to mention Carney's conducting trade junkets to countries where you were told you had trade agreements in place for a couple years.
Trade agreements are like candy to naive supporters. You often can't measure results, but they feel good. Years later, you wake up wondering what happened to all those trade benefits. Even some of Trump's nonsense about this deal and this foreign investment is mostly hyperbole.

I hate to say it, but direct intervention like tariffs and quotas work on some level.

Trump's success will be measured in years not months. He could very well be scaring manufacturers into investing in the U.S. and away from China over the long-run. If you are a multinational American or foreign doing a lot of business in the U.S. you don't want to be caught flat-footed. A Democratic President might also see trade restrictions as beneficial and will know the U.S. media will give them cover.
 

WyattEarp

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I agree. That's why I like all the deals Carney is working on. It was the kick in the pants we needed.

How do you feel about the Gordie Howe Bridge and Trump threatening to shut it? That looks like great infrastructure publicly owned, cheaper than the Ambassador Bridge and eventually mutually owed.

Do you agree with Trump?
I haven't followed the story in depth.
I would just say it's about trade negotiations and limiting access to the U.S. market.

The bridge will eventually be opened.
 

JohnLarue

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My discussion with Butler got to the essence of his thinking. His basic view was increasing productivity is a threat to quality of life
i have him on ignore so I will assume you have accurately conveyed his view
He could not be more wrong
Productivity directly impacts GSP
GDP per capita dictates a countries standards of living

Canada abysmal productivity record will result in a relative decline in Canadian living standards
 
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JohnLarue

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This not to mention Carney's conducting trade junkets to countries where you were told you had trade agreements in place for a couple years.

AI Overview

During his administration (2006–2015), Prime Minister Stephen Harper's government signed or concluded free trade agreements (FTAs) with
39 to 44 countries, bringing the total number of trade partners to 44 by the end of his tenure.

When Harper took office in 2006, Canada had trade agreements with only five countries (NAFTA partners U.S. and Mexico, plus Israel, Chile, and Costa Rica).
The ground work was already laid.
Carney should be asking why we have not expanded trade with our new 39 trade partners ?
Instead he makes globe trotting political theater about finding new trade partners
 
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Butler1000

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I haven't followed the story in depth.
I would just say it's about trade negotiations and limiting access to the U.S. market.

The bridge will eventually be opened.
It's about restricting competition. He wants to be the only game in town.
 

WyattEarp

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The ground work was already laid.
Carney should be asking why we have not expanded trade with our new 39 trade partners ?
Instead he makes globe trotting political theater about finding new trade partners
Don't forget Canada has been a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) since 2018.

Wisely, Trump decided that the U.S. didn't need to be a part of another bureaucratic trade entity.
Biden passed on joining as well.
 

WyattEarp

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It's about restricting competition. He wants to be the only game in town.
The bridge will eventually open.

I would get back to worrying about the U.S. annexing Alberta.
 

Butler1000

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The bridge will eventually open.

I would get back to worrying about the U.S. annexing Alberta.
Lol. That was never on my worry list.
 

JohnLarue

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Don't forget Canada has been a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) since 2018.

Wisely, Trump decided that the U.S. didn't need to be a part of another bureaucratic trade entity.
Biden passed on joining as well.
In trumps case , why sign a new trade deal if you are going to implement a trade war?

Sleepy Joe was ........ sleeping when that option was discussed, who actually decided while Joe took his nap will remain a mystery
 

JohnLarue

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The bridge will eventually open.

I would get back to worrying about the U.S. annexing Alberta.

Yes, Ottawa needs to stop screwing Alberta and offer a better deal than the US will offer
Why assume the crushing liabilities of the irresponsibly spending of Ottawa while the manufacturing base in Ontario disappears and Quebec still demands its extortion Money?
And the same damn fools in Ottawa seek to strangle Alberta's economic engine via regulation

Do not walk away, run away
 
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K Douglas

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Room 112
Fiscal policy absolutely. And his choice for finance as well. Taxes obviously carbon taxes are a mistake. But I don't find myself overly burdened. I would prefer to see better spending habits.
You're probably in a lower tax bracket then. If you make $150K a year in Ontario you're paying 34.4% tax/CPP/EI. And for each additional dollar you earn you're paying 43.4% of it in tax. That is burdensome.
 
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WyattEarp

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In trumps case , why sign a new trade deal if you are going to implement a trade war?

Sleepy Joe was ........ sleeping when that option was discussed, who actually decided while Joe took his nap will remain a mystery
I think many might wonder why now and not the first term.
The U.S. government is infested with opportunists. During Trump's first term, these opportunistic bureaucrats had no interest in representing the United States' trade interests or the Trump agenda. It was business as usual as far as they were concerned.

I assure you it's a different approach with different people in charge.
 

WyattEarp

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Yes, Ottawa needs to stop screwing Alberta and offer a better deal than the US will offer
Why assume the crushing liabilities of the irresponsibly spending of Ottawa while the manufacturing base in Ontario disappears and Quebec still demands its extortion Money?
And the same damn fools in Ottawa seek to strangle Alberta's economic engine via regulation

Do not walk away, run away
Maybe I am wrong, but Alberta isn't going anywhere.
The precedent had been established by Quebec.
Use the threat of secession to get a better and in this case more fair arrangement with Ottawa.
 

JohnLarue

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It's about restricting competition. He wants to be the only game in town.
no
Trumps thing is leverage , not restricting compition
he sees >100% tarfiifs on US Dairy and concludes this is not free trade, it is restricting competition for US Dairy


Canada is the ''food inflation capital of the G7"

Yes, Canada is currently experiencing a significant and deepening food insecurity crisis. As of 2024, approximately 10 million people—about one in four Canadians—live in food-insecure households, representing a 15% increase from the previous year.
Yet Canada maintains supply management insanity to enrich the politically connected Quebec Dairy cartel
we should have needed to be bullied into correcting policy which is hurting ten million Canadians for the benefit of very wealthy special interest groups

time to wake up
 
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WyattEarp

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no
Trumps thing is leverage , not restricting compition
he sees >100% tarfiifs on US Dairy and concludes this is not free trade, it is restricting competition for US Dairy


Canada is the ''food inflation capital of the G7"



Yet Canada maintains supply management insanity to enrich the politically connected Quebec Dairy cartel
we should have needed to be bullied into correcting policy which is hurting ten million Canadians for the benefit of very wealthy special interest groups

time to wake up
I think the issues run deeper than that.
 
Ashley Madison
Toronto Escorts