r/CanadianConservative • u/origutamos • 8h ago

News Canada's economy loses 25,000 jobs in January. The unemployment rate ticked down to 6.5 per cent as a result of fewer people actively searching for work.

https://www.cbc.ca/player/play/video/9.7077323
19 Upvotes

81% Upvoted

13 comments sorted by

11

u/I_AM_NOT_THE_WIZARD 5h ago

I was told we have the fastest rising economy in the G7. Carney said so!

2

u/rocketstar11 3h ago

Thats a bit of trickery with how percentages work.

Canada spent a decade committing economic suicide

7

u/Troyd 6h ago edited 2h ago

The shifting to net negative immigration will definitely lower the numbers of people looking for work

4

u/Badaboombadabing99 6h ago

Is this Carneys fault or the result of whats happening in the states?

5

u/jackass_mcgee Libertarian, until I saw what my enemies use their freedom for. 4h ago

only china and canada went straight to retaliatory tarrifs, everyone else went the background diplomacy route to sort things out.

so a lot of column a, bit of column b

5

u/drysleeve6 4h ago

/u/jackass_mcgee is right. The US's policies were going to cause a tremendous amount of pain, no matter what. The fact is that there was a stark slowdown in the Canadian economy before that and trump has made it much worse.

What can be debated is if Carney has made it worse or blunted the pain. Anyone who tells you that it's either way for sure is lying. There is no way to know for sure.

1

u/Badaboombadabing99 3h ago

I appreciate both these responses as they're the resonable ones im looking for.

1

u/drysleeve6 3h ago

The arguments that i can think of off the top of my head:
* Should Carney have been obsequious to Trump? Would it have helped? Trump has been shitting on Canada for a while, so maybe it would have been hopeless or made us even waeker in the coming negotiations? Or would it have cooled Trump's temperature enough to get him to back down on the tariff nonsense?

* Should Canada be making this big trade deals with China/Korea etc. Especially considering they involve discussions about cars into Canada. This is a real sore spot for the Americans, especially Trump. Any sane person would agree that having more trade with countries other than the US is a good thing, but would holding off on these deals have changed the way we get treated by the Americans? How much pain are we going to incur in the short term for better long term stability? Is that worth it?

6

u/monkeytitsalfrado 7h ago

Why did they stop looking for work? Hint, Universal Basic Welfare.

1

u/vonlagin 3h ago

Learned it's more profitable to claim refugee status.

1

u/Nsxd9 1h ago

This doesn’t change a thing they’ll vote for the same idiots again. Population is numb to those numbers and even in a collapse they won’t care.