Canada adds 44,000 jobs in October

Here is the key, haha, talk about deceptive economic data: Most of the jobs were part time, with more than 67,000 new positions, the data agency said. The flip side is that the economy lost more than 23,000 full-time jobs during the month.


Good luck Canada.

But getting rid of the overhead of full time jobs increases value for shareholders.

You add full-time employees if you are expanding and winning market share. Part-time, uncommitted employment means to me that businesses are afraid of the future.

As things in Alberta won't really recover until the mid 2020's they're already talking about another lost generation of workers. The ones in their 20/30/40's that can afford it will go back to school to do something else. The ones in their 50/60/70's hanging on will be taking massive pay cuts just to hold the jobs. The entire industry will be stuck with old farts and rookies with all the people in their prime telling an industry that sheds jobs as fast as it can that they're not interested in working for bosses that treat people this poorly and indifferently.

For every dream that flowers into reality there's probably a thousand that die on the vine. Any of you with kids tell them to stay the hell out of the resource industries if they want to have any kind of a decent future.

Is that your answer? Is that the reason for this?

{positions hand above buzzer}

Just the price of doing business.

Is that your answer? Is that the reason for this?

{positions hand above buzzer}


I can only guess what your answer would be, "government should be more involved in the economy". Let's pick and choose the winners of today and stifle innovation and competition and the grand kids will pay for it. Sounds like a great plan for long term success.

Is that your answer? Is that the reason for this?

{positions hand above buzzer}


I can only guess what your answer would be, "government should be more involved in the economy". Let's pick and choose the winners of today and stifle innovation and competition and the grand kids will pay for it. Sounds like a great plan for long term success.


I think that the people who were in charge when the oil was booming should have been investing the rewards that they were reaping at the time...what was the Harper Gang doing with all of the coin? They certainly weren't reinvesting the profits for the future.

Why should they have when no government in Canada has ever done that? I would have liked to see the reaction from the opposition at the time if Harper tried to bank $100 billion or so from oil & gas taxes. They would have gone ape with the biggest amount of "have you no heart? people are suffering! spend it on the poor!" that this foolish country had ever seen.

Well, at the time, with all the talk of peak oil and the eventual shift to other energy sources, it made sense. And 'the economist' had a majority so it doesn't matter about the reaction from the opposition. He'd look like a genius now instead of a penis.

But true...nobody has has foresight in government in my time.

Keep in mind I don't even care all that much about government debt, at least as long as it's contained under a certain percentage of GDP. I don't ever want to see a repeat of the 1990's, where the governments were acting like they were in some insane competition to reduce debt and didn't care in the slightest who was getting hurt and how much infrastructure ended up suffering due to the cut-backs. The government isn't a business, nor is it a nutty old guy with a hundred jars of pennies buried in the back yard. And it shouldn't ever be expected to behave the same way as an individual would with their own rinky-dink personal savings account at the bank. So, yes, control debt as much as logically possible but, no, the government should never have a unused surplus either. Not with the kinds of responsibilities it has on it.

I think that is an incredibly short sighted opinion on your part. Billions of dollars get wasted on interest payments on that debt every year. Billions that should be going towards increasing our military capacity, building more hospitals and paying for more doctors & nurses, developing our freeway system, developing HSR networks, funding a space program, reducing income taxes, etc. If we can suffer the pain and pay our debt down now, we will reap the rewards later.

I think that is an incredibly short sighted opinion on your part. Billions of dollars get wasted on interest payments on that debt every year. Billions that should be going towards increasing our military capacity, building more hospitals and paying for more doctors & nurses, developing our freeway system, developing HSR networks, funding a space program, reducing income taxes, etc. If we can suffer the pain and pay our debt down now, we will reap the rewards later.

Hey, someone I can have a beer with some day. If only more citizens understood the ramifications. Keep in mind also why some want large debt (not necessarily those on this site); especially the politicians and their friends...crony capitalism. It is the most abusive manner of theft, and it is ruining the West.