Topic: The Economy
War With Canada: We Cannot Let Them Get Away With This!
See Canada's job growth soars past U.S.
Numbers raise doubts over strength of economic recovery south of the border
Bruce Little, Economics Reporter, The Globe and Mail, Saturday, January 10, 2004 - Page B1
The red-hot Canadian employment market churned out an eye-popping 53,000 new jobs in December, in stark contrast to the United States, which added an anemic 1,000 bodies to the payrolls, raising doubts about the staying power of the economic recovery there.What are we going to DO with these people? It's not nice to get George angry. He doesn't like being shown up.
The jump in December employment in Canada capped a frenzy of job creation through the latter part of 2003 that outpaced anything seen in more than two decades.
The Statistics Canada report yesterday -- which blew away economists' forecasts -- spurred the dollar to new heights, driving it ever closer to the 80 cent (U.S.) mark, a level last seen in March, 1993. The dollar rocketed up 0.58 cents (U.S.) to 78.67 cents yesterday.
And what's this about Canada running a surplus, not a massive deficit? These people do NOT know how to treat their wealthy.
They're downright un-American!
Posted by Alan at 20:32 PST
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Updated: Sunday, 11 January 2004 20:34 PST home