Well, it turns out that in the last jobs report the U.S created 266,000 jobs, while Canada lost 71,000 jobs, with 10% of the population. Worst job losses since 2008, following on a series of other poor job reports. Canada’s unemployment rate is now 2.4% higher than the U.S.'s.
Alberta lost another 18,000 jobs last month, So did BC. Calgary and Edmonton now have the highest unemployment of any cities in Canada outside of the Maritimes with their seasonal fishing industries.
And Alberta just got a new federal carbon tax, so expect the numbers to get worse.
This is what people complained about in the throne speech. He spent his time talking a out climate change and other social issues, and didn’t once acknowledge the economic free-fall that’s going on.
And the truth is that Trudeau needs the Bloc and the NDP to keep him in power, and he is ideologically aligned with both of them. So expect the interests of the west and of conservatives in general to be completely ignored, in favor of keeping a socialist party and a Quebec-only party happy.
This is one of the big problems with parliamentary politics. A left-wing government loses its majority due to the strong showing of Conservatives, and the result is a coalition that pushes the government even further to the left.
Hard times are coming for Canada. Our debt is exploding at every level, taxes are going up, social costs are rising rapidly due to unemployment and mass immigration, energy insanity prevails (massive buildup of solar power in a northern country is insane), and we are an oil-exporting nation whose leadership is deeply hostile to oil.
Our economy is failing even while the global economy is roaring along. When the inevitable global slowdown hits, we are going to be in a world of trouble.
