There's an interesting new research report from Statistics Canada profiling workers who were displaced in the recent recession and comparing the outcomes to previous recessions in earlier decades.
Manufacturing jobs have been declining as a percentage of total jobs in most OECD countries for several decades, with Ontario being especially hard-hit as a jurisdiction.
Canadian workers have seen their wages and conditions deteriorate for the last seven years. Perhaps the French and the Greeks show a way forward with a generalized protest against the incompetency.
The recently announced sale of New Brunswick Power to Hydro Quebec is another alarm bell for the Canadian economy.
Here in Canada, the sudden demand to end local procurement is coming from the usual suspects at the Canadian Council of Chief Executives and Canadian Manufacturers and Exporters.
I smell a rat. Steven Rattner, Barack Obama's 'Car Czar,' essentially ordered GM into bankruptcy yesterday morning.
Whether we have hit bottom or not, the employment numbers suggest that resilient Canadians, despite the odds, are somehow managing to grow a new economy from the bottom up.
Right now, there's far more reason to panic about the economy than over a new flu. This recession emerged from a recent strain that's mutating, contagious and has no known cure.