The U.S. jobs numbers are out for March. And they’re amazing.
Over 195,000 new jobs created in America. The unemployment rate is 3.8 per cent.
But here’s my favourite part — I’m reading from the New York Times here, and so you know they hated saying this:
"Average hourly earnings in March were 3.2 percent higher than a year earlier.”
So not only is there a record number of Americans working, but they’re all getting raises — that are double the rate of inflation.
Meanwhile, several Canadian car factories have shut down in recent months. In Oshawa, the GM plant. And now the Fiat Chrysler plant in Windsor. Trump wants to scoop up that work for Americans.
And as I told you earlier this year, Trump signed a new "Buy American" executive order, shutting out all foreign companies from U.S. projects, including huge infrastructure projects.
That barely got a peep in the Canadian media, and I haven’t seen Trudeau or Chrystia Freeland push back against it.
When I wrote my book Ethical Oil almost a decade ago, America was the world’s largest oil importer. Now they’re exporting record amounts — including, perversely, to Canada. Seriously: American exports oil to eastern Canada, by rail, because they won’t let pipelines through from Alberta.
That could have been us. That could have been Canada. But Trudeau and Notley and Horgan and McKenna killed it, because they hate pipelines.
Here's the CBC:
Canada lost 7,200 jobs in March, ending 6-month string of gains
The CBC state broadcaster is trying to put the best spin on it. But we lost jobs. How? America is booming; we’re right next to America.
Oil prices are solid — high enough for a rebirth of that industry, but not so high as to punish oil consuming parts of the economy. But instead of a 3.8 per cent unemployment, Calgary has the highest unemployment in Canada. The oil patch is still out of business.
But hey, there were 9,600 new jobs last month in “public administration”! That means government workers. So they’re just fine.
We have a new carbon tax that came in this week. we have new anti-pipeline and anti-tanker legislation going through Parliament.
Hey, last question:
If you were going to build a factory somewhere, or invest in a company somewhere, which side of the Canada-U.S. border would you choose?
You don’t need to answer. The jobs numbers already did...
NEXT: Our old friend Bernard "The Roughneck" Hancock has thrown his (hard) hat into the ring and entered the Alberta election as a candidate.
He joins me tonight to talk about why he decided to enter politics, and the policies he's most focused on.
FINALLY: Your messages to me!