Skip to comments.Canadaís job growth biggest in 11 years, crushing economistís expectations
Posted on 06/09/2013 4:49:54 PM PDT by rickmichaels
OTTAWA Canadas unpredictable labour market delivered another huge surprise in May, piling on 95,000 jobs the biggest monthly gain in 11 years and trimming the unemployment rate to its lowest level in four months.
Most of the new jobs representing the largest increase since August 2002 were full-time positions, and nearly all were created by the private sector, Statistics Canada said Friday. The unemployment rate declined to 7.1% matching the level in December 2012 from 7.2% in April.
(Excerpt) Read more at business.financialpost.com ...
Canada: 35 m: job growth in 1 month :95,000
USA: 310 m:job growth in 1 month:175,000
Proportionately it would be 700,000 +.
I guess that’s what exploiting natural resources like the oil sands can do for an economy.
There is more energy in the ground and offshore North America than anywhere else on earth. It is estimated that Canada is #2 in the world in oil and gas reserves. Guess who is #1.
The lowered their business tax rates to well below ours.
Canada Cuts Corporate Tax Rate to 15% Lowets of the G7.
Works every time.
Canada is perhaps the luckiest country on earth...sharing a land border with one,and only one,country...that country being the most prosperous,peaceful and civilized major country on earth.Canada,one of the most sparsely populated nations on earth,is awash with natural resources,needn't spend much on defense (Canada's Ministry of Defense is,in fact,headquartered in Arlington,Virginia),has no history of slavery and doesn't share a border with a Fourth World country (as does her neighbor to the south).
Yes,part of Canada's success is almost certainly due to wise government policies but that's only part of the story.
Yet. Just a few more years of Obamanomics here and Canada will be considering building a double layer fence to keep us out.
Posters over on the "Sewating" thread have requested you stop by.
That’s would go perfect in an obambi speech. David Axelrod, is that you?
ha ha...got me...ya really threw me an anchor...good job...nice bold and font...touche!
Osama Obama & Pals would never use any of that in a speech because they know that a huge percentage of voters would see the Rat Party,in general,and Osama in particular,as being responsible.The only excuse that they'd ever use to explain their breathtakingly abysmal economic legacy is "Bush's fault"..."McConnel's fault"..."Boehner's fault"..."the Teabagger's fault".That exact strategy worked well enough last November.And it's working well enough today to earn Osama a 50% approval rating in spite of 8% unemployment.
Glad you’ve got a sense of humor, Id! Check out that other thread...it’s hilarious.
Thats about all i do have left....
Hahaha. One quibble here. There is no "perhaps" about it. Abundant energy, agricultural and mineral resources and access to the largest consumer market on earth make it hard to fail, economically. Although previous liberal governments have tried.
Geography has been very kind to Canada.