Canada lost 63,000 jobs in dec.. and that is during what is normally the best time of dec..
http://livingmydreamlifeonthefarm.wordpress.com/
2000 pink slips are supposed to be going out Friday, This province is taking a beating, cant say its not deserved. When you dont save, or diversify you only have yourself to blame.
I can’t find anything in the news about this.... where is it at?
Here it is, now being announced. There are saying over 1000 being cut, but the reality will be closer to the 2000 I say. They held off the layoff from the date I said, just cause it makes for better optics to play the layoffs as the result of US regulator approval , rather than because they bought out Husky for billions of dollars, and now have to cut staff as you dont need Parallel HR departments, safety departments, payroll and accounting departments shipping / receiving departments, Regulator compliance departments, Field operators, engineers and the myriad of other positions that become superfluous when one large company buys out another.
Too bad there are no longer any real reporters around to ask the hard questions such as: if oil companies are able to pony up billion to buy other companies, why cant they clean up their own abandoned wells? or pay the taxes to the counties that their pipelines run through?
Or here is a silly question they could ask, Has the billions in loan guarantees, tax write - offs, from our provincial government allowed private oil companies to increase their holdings to the detriment of provincial tax payers...no the question wont be asked in Alberta, much easier to just blame the federal government. The rest of Canada must just look at Alberta like it rides in the short bus. Complains and complains all while shooting itself in the foot.
Last I heard our provincial conservatives were trying to get control of the teachers pensions, I imagine they see that as a large pool of cash they can invest (out right gift to ) in more pipelines and oil companies...Or better yet invest it in coal companies, thats where real growth lies. 🙄
Actually TC energy bought out both Husky and TC pipelines. Deals closing through oct-dec of last year.
Give a man a gun, and he can rob a bank. Give a man a bank, and he can rob the world.
I agree! Depression heading this way....but its been coming for a while....think Covid just tipped the cup over.
I too have been shopping and ordering pick up from the local grocery store and food joints. Help how I can for my nearby small town businesses.
Due to my recent divorce I have had to put my farm up for sale. Interestingly enough...rural properties within an hour of Calgary are HOT HOT HOT!
My agent states that everyone wants out of the big city due to Covid. So anyway... hopefully it helps me sell. I have a conditional buy on a smaller, less expensive farm in the Kootenay area in BC. Little farm there on a river. LOL...I will have to start again and set up another preppers paradise there for myself. The agent for the BC property says he has never been as busy in his 30 years as during Covid. Cross your fingers for me guys!!!
I agree! Depression heading this way....but its been coming for a while....think Covid just tipped the cup over.
I too have been shopping and ordering pick up from the local grocery store and food joints. Help how I can for my nearby small town businesses.
Due to my recent divorce I have had to put my farm up for sale. Interestingly enough...rural properties within an hour of Calgary are HOT HOT HOT!
My agent states that everyone wants out of the big city due to Covid. So anyway... hopefully it helps me sell. I have a conditional buy on a smaller, less expensive farm in the Kootenay area in BC. Little farm there on a river. LOL...I will have to start again and set up another preppers paradise there for myself. The agent for the BC property says he has never been as busy in his 30 years as during Covid. Cross your fingers for me guys!!!
Best of luck Dakota. You'll make it work.
Don't Agonize, Organize.
Best of luck, hope you got your new little farm!
http://livingmydreamlifeonthefarm.wordpress.com/
Worth watching on the economic possibilities coming up:
Stephen Harpers Cambridge House Interview:
https://www.youtube.com/watch?v=HAKetLKjCP8
Jeremy Granthams Bloomberg Interview:
https://www.youtube.com/watch?v=RYfmRTyl56w
Cathie Wood Bloomberg Interview:
https://www.youtube.com/watch?v=kfhgbZBWgBE
Rebecca Paterson Bridgewater Interview:
https://www.youtube.com/watch?v=sZSc2dG9A8E
Economic Predictor For a Recession:
https://www.youtube.com/watch?v=DCQwiF0J7hw
https://www.internationalpreppersnetwork.net/viewtopic.php?f=57&t=7738
Enjoyed the videos. Cathie Wood seemed pretty happy with herself when she did that interview back in December. Guessing her tone has changed since ARK funds got a haricut in mid-Feb. Thanks for sharing.
With the price of oil higher I am hearing of more activity in the oil patch, in fact a fellow south of me who is 50 + and had both knees replaced last year, in other words not a labourer that you would think would be a good candidate for stomping around muddy oil leases and pipelines is going back to work, in fact two companies have work for him and one company paid for him to upgrade his safety tickets so he could return to work. I find that interesting, but also a little crazy of him to be going back to that work.
Give a man a gun, and he can rob a bank. Give a man a bank, and he can rob the world.
Well I'm sure he'll be putting those new knees to the test. Glad to hear this, most stories I've heard over the past five years have been about people losing jobs in the province.
A friends fab shop that does oil field fabrication is telling me that orders were coming in like a switch was flicked on all last week.
Give a man a gun, and he can rob a bank. Give a man a bank, and he can rob the world.
Ok, boom times on the way. Despite it seeming contrary to logic and what I thought was going to be happening I cant ignore the evidence around me. I personally have been offered two jobs over the last 3 months (dont want) a friends construction company is now running crews twice as large as last year, and the strongest indicator yet is my cousin who was long ago laid off was just given a job complete with company truck, and given it even after he told them he couldnt pass the company criminal records check due to maybe a dozen impaired charges ( I suspect as many assault charges). The guy just said "we can work around that". Crazy times are here again!
Give a man a gun, and he can rob a bank. Give a man a bank, and he can rob the world.
Some segments of the economy won’t survive the pandemic, others will change the way they operate. Restaurants have closed but will likely reopen in a few months... people will want to eat out once this is over.
But in a world of great interdependencies, I can’t see how the economy could crash for so long after a pandemic like we’ve had.
