April 06, 2019

Working class Americans get jobs — Canadians get a carbon tax

Ezra LevantRebel Commander

On last night's episode of The Ezra Levant Show, I looked at a U.S. jobs numbers report that just came out, and then compared that to what has happened in Canada on the economic front.

Over 195,000 new jobs were created in America, the unemployment rate is 3.8 per cent and even better, average hourly earnings in March were 3.2 per cent 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, and according to the CBC, “Canada lost 7,200 jobs in March, ending 6-month string of gains.”

But hey, there were 9,600 new jobs last month in “public administration”! Government workers are just fine.

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?

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commented 2019-04-08 22:38:49 -0400
Trump’s polices ARE borrowing. The two are one and the same. The tax cuts were financed by increased government debt.

I’ve pointed out, already, that these were pre-existing trends that have not accelerated since Trump’s policies took affect, beyond the aforementioned debt-fueled spike in GDP. If you take a raging flooded river that’s already at record levels, and spit in it, you’ll set a new record yet. It doesn’t’ mean you’re a huge contributor. Your Trump-friendly blog of the random capslock misleads you.

Our own job creation is not trivial.
commented 2019-04-08 17:59:23 -0400
Yes Andy, the US is at higher risk of inflation and required higher interest rates because of the risk that the economy was strengthening too quickly due to Trump’s policies not because of borrowing. You are right though, we don’t have the US “problem” of a quickly growing economy but it is because we don’t have Trump and his policies of which tax cuts are just one. You take the whole package together and you have strong job creation, much higher GDP growth and fewer people on food stamps, EI and other government benefits. You would be able to get this information from Canadian news sources, but then you rely on sources that do in fact pretend to be impartial.
commented 2019-04-08 17:21:43 -0400
Robert McClelland commented 3 hours ago
Actually Andy, the Fed is far less accommodating than the BOC. The BOC rate is 1.75% as compared to the Fed rate of 2.5%. Further, your comment fails to do justice to the impact of Trump’s tax cuts and his efforts to curb government regulations. Yes, Canada will mirror the US success to some extent as they are our largest trading partner, if they do well we will derive some benefit, despite the Liberals. "

The Fed rates acknowledge that the US is at higher risk of inflation, partly due to its borrowing. We don’t have the same problem at this time.

Has there actually been an impact of the tax cuts?

Unemployment, for example, has only dropped 0.3% in the 17 months since the cuts were legislated in, versus the 0.8% in the corresponding period preceding, (or the 1.5% drop exactly four years prior.) Job creation rates haven’t changed either, both periods being about 3.5-6 million created (3.8 in corresponding Obama period). The GDP grew by 5.6% in the first two years of Trump’s era, versus 5.3 in the first two years of Obama’s second term. That 0.3% represents about a 60 billion difference, quite a bit less than what Trump’s stimulus spending has put in It’s sped up a it, but not by as much as it should have given how much money is being printed.

The economists promise that eventually the benefits will happen. It’s unclear whether this is just optimistic speculation.

Your choice of sources is interesting. it would be a lot more meaningful if it came from a site that at least pretended to be impartial. Does Trump get all the credit for filling the basket to the brim when Obama already filled it most of the way?
commented 2019-04-08 14:13:00 -0400
Actually Andy, the Fed is far less accommodating than the BOC. The BOC rate is 1.75% as compared to the Fed rate of 2.5%. Further, your comment fails to do justice to the impact of Trump’s tax cuts and his efforts to curb government regulations. Yes, Canada will mirror the US success to some extent as they are our largest trading partner, if they do well we will derive some benefit, despite the Liberals.
commented 2019-04-08 13:45:04 -0400
Two interesting little articles:

https://www.thepostmillennial.com/canada-lost-more-than-7000-jobs-in-march/
“Canada lost more than 7,000 jobs in March
According to an article by Nelson Bennet, citing a report by the C.D Howe Institute, “in just two years, under the Justin Trudeau government’s watch, $100 billion worth of energy projects were killed, cancelled or stalled”
“That is equivalent to 4.5% of Canada’s gross domestic product.”
While that investment loss is notable, the problem goes far deeper than just the energy sector.”
https://www.thepostmillennial.com/feds-spend-4-2-billion-in-borrowed-money-since-snc-lavalin-scandal-broke/
Trudeau Liberals spend $4.2 billion in ‘borrowed money’ since SNC-Lavalin scandal broke

Facts can hit a leftard square in the face yet it will still lie through their teeth like there is no tomorrow.
commented 2019-04-08 12:56:02 -0400
“Robert McClelland commented 9 hours ago
The reason why the CBC and the rest of the left stream media spend so much time giving Trump negative coverage is that they are terrified Canadians will find out about his economic achievements. The comparison between Canadian and US job growth and GDP is stark.”

It’s not actually that stark once you factor out their much higher federal deficit – in essence every dollar extra GDP they are “creating” is being printed by the Fed. Jobwise, we’re essentially pacing them, though the baseline unemployment was much higher and we seem to have a lot more variability in the participation rate.

This trend was also visible five years ago, comparing Obama vs. Harper, the US was winning even then – the US started booming circa 2012 and never felt the oil recession in 2014-present as much as Canada did.
commented 2019-04-08 04:17:15 -0400
Jay why waste your time in Canada, when there is a tropical socialist workers paradise, full of free stuff, just waiting for you, that has really nice Chinese, Cuban and Russian soldiers on had to promote your far left liberties? Just think of it Jay…..heaven!
commented 2019-04-08 04:06:41 -0400
Hey Jay, speaking of moving south, I hear Venezuela is very nice this time of year, maybe you should give it a shot and let us know how it works out for you.
commented 2019-04-08 04:04:24 -0400
The reason why the CBC and the rest of the left stream media spend so much time giving Trump negative coverage is that they are terrified Canadians will find out about his economic achievements. The comparison between Canadian and US job growth and GDP is stark. Trump=Winning
commented 2019-04-08 01:14:14 -0400
A six month string of job creation in Canada was broken last month. Perhaps it is time for some Rebel readers to move south. One out of seven is not bad odds for some of the readers on here. N’est-ce-pas? Seriously, give it some thought. Last month fewer jobs were created in Canada than were lost.
commented 2019-04-07 19:03:15 -0400
trudeau hiring more and more government workers is just him pushing his dictatorship agenda.
have a look at China, North Korea and so on where the people are starving, living in squalor , have no money, no freedom, no jobs but those who serve their dictator live well and enforce the laws of the dictator forcing complete control over the people.
THIS IS EXACTLY THE PLAN OF TRUDEAU and in case you don’t get it, REMEMBER, HE WANTS TO RULE THE WORLD VIA THE U.N. OWG!!
commented 2019-04-07 18:57:32 -0400
Sheldon Eisler,
how long before u.n. troops patrol our streets ,cities and towns to ensure we don’t revolt against mohammad trudeau and nazi butts?
after all they are collecting mega bucks off our carbon tax and in fact stated just a month ago or so they ( the u.n.) wants canada paying $16-$18 per gallon CARBON TAX- meaning of course every time you fill up it will cost you $600 or more!
KEEP DOING NOTHING CANUKS AND SOON YOU WILL ALL WISH YOU WERE DEAD!
commented 2019-04-07 18:53:32 -0400
trudeau and butts are not going to stop until what is left of we canadians are on our knees!
that has been the plan since day one as they both seek full tyrannical control over us, what we hear,see, read, watch, share, do and so on.
sadly no one seems to be getting this and my bet is they will continue
and even up their rage and hate against us while recolonizing us with invaders who hate us as much as they do and soon our lives are going to be literally on the line.
A very, very, EXTREMELY DANGEROUS DUO and a very, very STUPID CITIZENRY!
he is NOT going to allow himself to be REMOVED AT ANY POINT AND SINCE ALL OUR LAW ENFORCEMENT, COURTS, JUDGES AND EVEN RCMP AND PERHAPS MILITARY ARE AFRAID OF BOTH OF THEM, i would suggest what is left of canuks , start packing.,
commented 2019-04-07 16:13:34 -0400
Headline says it all… doesn’t!

Working Class American’s get the gold mine…Working Class Canadian’s get the shaft!!!
commented 2019-04-07 13:10:23 -0400
Making stuff and selling stuff creates pollution in Canada. Support the Trudeau / barbie Carbon Tax by refusing, as much as possible, to buy anything Made in Canada or Product of Canada. My car, TV, computers, phones and most other electronics are from S. Korea, most clothing is and even our new portable AC is Chinese or Asian with a bit from India, furniture is mainly American. Even my car gas comes from Washington. I am doing my little part. Where is my medal of recognition? Am I being sarcastic? Not really.
commented 2019-04-07 09:07:36 -0400
The Trudeau solution’s.
We will save the cost of an email and the very inefficient stamp by driving across this great country to deliver letters by vehicle. We will save even more money by not delivering it to the actual address, instead a few blocks away it will be dripped off at a super hard to get to in a wheel chair mail box.

Large trucks are no longer needed, we will deliver the 30,000 pounds of BS by half ton trucks.
This climate leader shit plan will remove those big diesel sucking trucks from our roads.

Replacing them with half ton trucks will create 60,000 new jobs by using smaller more efficient trucks.
They will use less fuel and save the environment. The new bill ME-BS-U Canadians
will make things less expensive.

Illegal border crossing fakugees will be put up in hotels and paid until the are able to fill the now vacant job positions. A priority will be placed on helping these special non Canadian,s

Liberal efficiency will show the world the way.
commented 2019-04-06 18:17:58 -0400
Canadians are also getting sprayed each day with nano aerosols from jets over most urban areas. This is creating widespread illness throughout the populations of our country. London, Ontario where I live, but am moving from in one short month gets sprayed everyday. I can’t remember the last time London was free from these jets high in the sky spreading aerosols that block the sun and make folks sick. Agenda 2030 is well under way and most citizens hardly even notice. Soon enough ignoring the obvious will become impossible as what is in these sprays is designed to harm us all and will be realized by the bulk of Canadians.
commented 2019-04-06 12:21:53 -0400
It’s hilarious the corrupt CBC was in overdrive mode last night pushing the climate change agenda and the issue that all of a sudden Canada is warming twice as fast-hey CBC it’s all a big sham!! I found it interesting that after the Dink on the hill put in place his federal carbon tax this past Monday all the MSM has been pounding on this warming rate issue,are they preparing Canadians for another take it up the ass moment?I think the UN is now pushing Canada harder than any other country on the climate change BS because they know Canadians aren’t pushing back and rioting.We need to revolt!!!