Casualties of the Collapse: More workers tossed into turmoil by economic downturn Jamie Parsons appeared to have it all a year ago. A job in the Alberta oilsands earning $140,000 and a strong sense of pride and self-respect. The crash in oil prices has ripped it all away. His job. His income. His dignity. He finds it hard… Continue reading Going bankrupt a bitter pill for N.L. worker in wake of oil price collapse
Tag: economy
Three days, a trip and the economy
Just a few days ago I was about to venture out. Out to Calgary and Saskatoon, with the elbow of the trip being Kindersley. First I headed to Calgary for a meeting. Then back to Kindersley. The next day to Saskatoon and back to Kindersley. I realize some sales people and world travellers move across… Continue reading Three days, a trip and the economy
Canada lost 5,700 jobs in January
Alberta had 10,000 fewer jobs, country’s unemployment rate inches up to 7.2% The Canadian economy lost 5,700 jobs in January and the unemployment rate inched up to 7.2 per cent. That’s worse than what economists were expecting — for the economy to add about 6,000 jobs during the month. Statistics Canada reported Friday that fewer people were… Continue reading Canada lost 5,700 jobs in January
Canadian dollar rises again as U.S. greenback slumps
Loonie had its best day in more than a year on Wednesday and was up again on Thursday The Canadian dollar gained more traction against its U.S. counterpart Thursday, trading for a time today above 73 cents US for the first time since December. The loonie closed at 72.75 cents US, up 0.14 cents. Earlier in the… Continue reading Canadian dollar rises again as U.S. greenback slumps
Billion-Dollar Bill’s Collection
When Bill Boyd speaks of “glitches” in government, he does so with considerable authority. “Glitches” — and we’re talking about glitches of the billion-dollar variety — have pretty much defined the eight-year career of the Saskatchewan Party government’s economy minister. Admittedly, sometimes a politician’s good name becomes attached to a problem over which he or… Continue reading Billion-Dollar Bill’s Collection
Canada's GDP ticks up 0.1% in August
Economy rebounding from mild recession earlier in the year Canada’s economy grew by 0.1 per cent in August — the third consecutive monthly gain following five straight months of shrinking — as the economy continued to pull out of the mild recession that began at the start of the year. Manufacturing, mining, quarrying, and oil and gas extraction and retail trade… Continue reading Canada's GDP ticks up 0.1% in August