The new unemployment numbers came out on Friday, and they’re a disaster for our country.
It was the worst month for jobs in nine years, with the "loss of 137,000 part-time positions in what was the category’s largest one-month collapse on record."
That’s what happens when you jack up the minimum wage by a whopping 21 per cent in Ontario and Alberta, overnight: Either companies will simply replace their staff with equipment, or just lay people off.
The unemployment rate ticked up from 5.8 per cent to 5.9 per cent. Which looks not bad, except the losses were overwhelmingly on those who were marginally employed.
Labour participation is down too, meaning lots of people who simply gave up looking for work.
Tonight I'll compare those numbers to the employment rates in the U.S. Canada and the United States were both doing well until January. Then we collapsed while U.S. numbers held strong.
That's when Trump’s massive national tax cuts kicked in:
Companies weren't just hiring, they're giving out bonuses and raises. And those workers got their own tax cuts too.
Why can’t we have that?
And do you think this is going to get better or worse, as Trudeau jacks up his national carbon tax, and Ontario jacks up their pension plan withholding tax, and next year’s round of minimum wage hikes kick in?
As for Alberta, I'll show you a tweet from Joe Ceci, the NDP finance minister that shows just how out of touch they are. The truth is, that Alberta last month lost 33,400 part time jobs — more than 1,000 a day.
I say none of this with any happiness. But I think it’s my duty to report it. Because if you wanted news about selfies and socks, you’d be watching the CBC instead, right...?
NEXT: Media executive Mark Simon joins me to talk about his latest op-ed in the Wall Street Journal:
He argues that, in letting China's leadership have a say in the appointment of new bishops, "the Vatican is elevating the persecutors over the persecuted."
THEN: We've had a lot of fun thanks to Trudeau's "peoplekind" gaffe, but Sun columnist Candice Malcolm comes on to remind us that the prime minister made other even more problematic comments at that townhall, such as his remarks about ISIS.
FINALLY: I react to Prime Minister Trudeau's denunciation of The Rebel in the House of Commons!