Wordsmithing 80,000 Jobs

The recent federal throne speech stated, “The Government will soon complete negotiations on a comprehensive economic and trade agreement with the European Union [CETA]. This agreement has the potential to create 80,000 new Canadian jobs.” There has since been a subtle but important shift in the government’s wording around that…
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Canada’s Trade Deficit with the EU Doubles

On Wednesday’s Lang & O’Leary Exchange (video), I debunked the claim that the trade deal between Canada and the European Union (EU) will create 80,000 Canadian jobs. The conservative panelists did not even try to defend this figure. As Jim Stanford has previously explained, the government’s model assumes full employment…
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When a Lower Unemployment Rate is Bad News

Today, Statistics Canada reported an unemployment rate of 6.9% for September. One might have expected Canada’s unemployment rate falling below 7% for the first time since 2008 to be cause for celebration. But as Statistics Canada noted, the decline in official unemployment reflected youth dropping out of the job market…
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Regina’s P3 Columnists

As the referendum on whether to privatize Regina’s wastewater plant nears, the Regina Leader-Post is printing a column a day advocating the P3: John Gormley on Friday, Bruce Johnstone on Saturday, and Murray Mandryk yesterday. Johnstone and Mandryk repeat three of the City’s key claims. Gormley only gets to one…
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EI, Self-Insurance or Three-Card Monte?

Monte Solberg, the former Conservative cabinet minister responsible for Employment Insurance, proposed to eliminate the program in a recent Sun Media column: An alternative would be to self-insure. Employee and employer premiums would accumulate in an account in each worker’s name. Including interest, anyone who managed to stay employed through…
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GDP: Consumers to the Rescue

Following positive GDP numbers in April and May, Statistics Canada reported today that a sharp drop in June dragged Canada’s economic growth to a mediocre pace of 0.4% for the second quarter. June’s declines in manufacturing and resource extraction did further damage to industries that had declined in April and…
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