The Canadian economy continues to create jobs. More people are returning to the labour force. The dollar continues to rise as the world recognizes Canada is a good place for investment. None of this is good news for the grits and their lefty media brown nosers like dan gardner.
Canada Job Creation Four Times as Much as Forecast; Unemployment Increases
By Greg Quinn - Feb 4, 2011 12:51 PM ET
Jan. 28 (Bloomberg) --
Canada’s job creation in January was more than four times the median forecast, pushing the Canadian dollar to its strongest level since May 2008 and adding to evidence the country’s economic recovery may be accelerating.
Employment rose by 69,200 and the labor force increased by 106,400, Statistics Canada said today in Ottawa. The jobless rate rose to 7.8 percent from December’s 7.6 percent, as more people sought work. Economists forecast 7.6 percent unemployment and job growth of 15,000, according to the median estimates of 25 and 26 economists surveyed by Bloomberg News.
Jan. 28 (Bloomberg) -- Bank of Canada Governor Mark Carney talks about the risk to growth from his country's currency and the impact of rising food prices. Carney also discusses Canadian monetary and fiscal policy. He speaks with Bloomberg Television's Erik Schatzker at the World Economic Forum meeting in Davos, Switzerland. (Source: Bloomberg)