Justin Trudeau’s minions many of whom are on government welfare, or reliant on government subsidies, did what anyone in their position would do, they attempted to remind Canadians of all the “free” stuff Trudeau gave to them, via stealing from the people in Canada who actually work.
I had no idea, that the average hourly wage in Canada reached $35.16CAD which makes you think about how DEBASED the domestic value of the Canadian dollar is.
Why is the average wage in Canada, $35.16? It’s likely because of the GOVERNMENT workforce that Justin Trudeau created, in case you forgot the pace of the public sector has been outgrowing the private sector, so you combine that with ABLE-BODIED Canadians who are 100% reliant reliant on the government for their FINANCIAL survival and you get a glimpse of how much economic damage Justin Trudeau caused to Canada.
What often gets ignored by most people in Canada, are the EXISTING pricing control mechanism that don’t allow prices to DEFLATE. Example, when Justin Trudeau created the carbon tax, all the price inflation his carbon tax created, are now BLENDED into the people’s wages.
Wages are a PRICE, and unless you fire people under the next Federal administration, you’re going to have all of these pricing problems, especially if the next Prime Minister simply attempts to put a BANDAID on the pricing problems.
In the United States, some are predicting a Kamala Harris victory, now, this could strengthen the Canadian dollar, if Pierre Poilievre runs a more leaner economy, which would create a lot of pricing distortions, and I would under that scenario imagine that Poilievre would make the same error Stephen Harper made, when Harper was faced with the reality that Canada’s economy at the time, was much better than Socialist Barack Obama’s economy.
Kamala Harris is more radical than Joe Biden and Barack Obama, so if she wins the presidency, the markets will likely punish American consumers, with higher prices because Kamala’s entire campaign revolves around “social justice” Social justice in economics equates to higher prices, as in practice social justice is the heavy hand of government CENSORING you, and making life more difficult as a business owner.
In Canada, that’s the reason why Justin Trudeau is so hated, Justin Trudeau was hell bent on censoring Canadians that disagreed with him, he also raised taxes, increased government regulations and hired a whole lot of public servants.
Now, thankfully for the Republican Party, one way or the other, they’ll get rid of Donald Trump in 2024, as he’s proven to be a disaster as a FEDERAL politician, because Trump, similar to Justin Trudeau, is very divisive, you’re either him or against him.
Now, if I were American, I’d obviously pick Donald Trump over Kamala Harris, but similar to Canada, there are Americans who vote for cradle-to-grave government WELFARE, and these lazy folks, as predicted by people who warned us about the welfare state will DESTROY western civilization.
This is why, if you’re smart, just because these leftists are destroying Western civilization doesn’t mean you should stop working hard. Obviously, you don’t subjugate yourself to be a slave of lazy welfare people, but don’t become a lazy welfare person yourself as you’ll not only screw yourself over, you may also curse your future generations, who won’t know what HARD WORK looks like and will inherently repeat the patterns of their parent(s)
Justin Trudeau’s rising unemployment numbers are due to the fact that he’s slowed PUBLIC SECTOR hiring since it hasn’t helped him in the polls. If you look at the jobs numbers, the PRIVATE sector has been shrinking since Trudeau became Prime Minister; Trudeau was able to goose those numbers by flooding the Canadian economy with UNNEEDED public servants. Now the deficit has exploded and Trudeau has nothing positive to show for it, he’s further down on the polls and it appears not even the public servants he’s hired want to vote for him.
OTTAWA — Canada’s unemployment rate increased to 6.6 per cent in August as students continued to face a difficult summer hiring season.
Statistics Canada’s labour force survey on Friday showed the economy added a modest 22,000 jobs last month, lagging the pace of population growth.
The jobless rate increased from 6.4 per cent in July.
Employment last month rose in educational services, health care and social assistance and finance, insurance, real estate, rental and leasing.
Meanwhile, it fell in the other services category as well as professional, scientific and technical services, utilities and natural resources.
Students returning to school in the fall faced a particularly challenging summer job market this year, with their unemployment rate rising to the highest level since summer 2012 – excluding the pandemic summer of 2020.
Between May and August, the unemployment rate for students was 16.7 per cent on average, up from 12.9 per cent last year.
The summer job market was even more difficult for Black, Chinese and South Asian students, who faced considerably higher unemployment rates.
Black students had the highest unemployment rate of 29.5 per cent, up a whopping 10.1 per cent from summer 2023.
The latest rise in unemployment comes days after the Bank of Canada delivered its third consecutive interest rate cut and signalled more would likely be on the way.
Governor Tiff Macklem has repeatedly said the central bank wants economic growth pick up again, acknowledging the job market has slowed down significantly.
As finding work becomes more challenging, the number of unemployed people grew to 1.5 million in August, a 22.9 per cent jump from the same month last year.
Friday’s report notes that of those who were unemployed in July, 16.7 per cent had transitioned to work in August, a smaller share than in August 2023.Despite the marked slowdown in hiring, workers have continued to enjoy rapid wage growth, with many of them restoring their pre-pandemic purchasing power.
Overall, average hourly wages in August were up five per cent from a year ago, reaching $35.16.
However, recent immigrants’ wage growth has been flat.
Statistics Canada says average hourly wage growth for those who landed in Canada over the last five years decreased by 1.3 per cent on a year-over-year basis.
Meanwhile, more established immigrants saw their average hourly wages increase by 6.3 per cent.
Canadian-born workers’ wages have risen six per cent over that period.
This report by The Canadian Press was first published Sept. 6, 2024.
Nojoud Al Mallees, The Canadian Press