It's Just An Economy

A trifling thing that manages to right itself ...




I'm sure that this is nothing to be concerned about: 

According to a new forecast from the Parliamentary Budget Office, 5.4 million people will be drawing the new $2,000-a-month Canada Emergency Response Benefit (CERB) in the coming months. That’s more than a quarter of the country’s labour force as of February of this year. 

The jobless rate itself probably won’t rise quite that high, because many people are leaving the workforce. Some 600,000 Canadians gave up looking for work in the past month, disappearing from the unemployment statistics.

Give people little option but a few weeks worth of work or nothing and no governmental incentive to hire foreign slave labour and voila!:

The Department of Agriculture yesterday said it will pay a $1,500 grant for every foreign worker hired by farmers, meatpackers and seafood processors though Canadian jobless number 1,547,000. Cabinet said the subsidy would offset higher costs of quarantining migrants: “Canadians should have the first crack at every single job.”

Not bloody likely:

Conservative Party's Shadow Minister of Finance Pierre Poilievre called for more swift support to small businesses on Monday from the Trudeau government.

Poilievre lambasted the timeline for small business aide, saying the four-week timeline set by Finance Minister Bill Morneau doesn't meet the standards of countries like Germany and the United States, who have already sent financial aide to their businesses.

Because priorities:

Work on the costliest renovation in Canadian history will continue regardless of the pandemic, says the Department of Public Works. MPs have noted they still have no final deadline or budget for the multi-billion dollar refit of Parliament’s Centre Block and iconic Peace Tower: “We don’t know.”