Record-Breaking Canadian Job Losses in January

by matttbastard

Happy Job Catastrophe Friday:

The recession hit home where Canadians live last month as a massive 129,000 workers joined the ranks of the unemployed and the country’s jobless rate surged to 7.2 per cent.

It was the worst monthly employment drop in at least three decades, topping figures seen in either of the two previous recessions in the 1980s and 1990s.

Almost all the jobs were full-time and were mostly in a battered manufacturing sector that has been most affected by the severe downturn in the United States.

The carnage was everywhere. Ontario shed 71,000 jobs, half in the manufacturing sector. British Columbia and Quebec workers were also hit hard with losses of 35,000 and 26,000 respectively.

Since October, when most economists say the global recession hit Canada’s shores, the country has lost a whopping 213,000 jobs, wiping out a year’s gains.

Somebody get Guinness on the horn — Statistics Canada calls this “the largest employment decrease since the agency began keeping what it described as comparable figures in 1976.”  Highly “regrettable” hemorrhaging, as hapless Finance Minister Jim Flaherty blandly  put it last night.  Understatement as performance art — I love our (probationary!) Conservative government.

And let’s not be Negative Nancys.  Displaying that keen sense of priorities that sets apart the Queensway elite from the scrum, Chantal Hebert proudly reports that civility has finally returned to the House of Commons, welcome news that should help salve the pain of economic woes.  Try not to rejoice too boisterously (not that y’all can, um, afford to celebrate with anything more extravegant than a bottle of Baby Duck and a box of Kraft Dinner).

Anyway, here’s hoping those 129,000 newly unemployed individuals are all eligible for EI.

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Dear Michael Ignatieff

"We will be watching like HAWKS!" Considering the Iraq support and torture apology, I believe him.

FUCK yo’ couch.

love,

matttbastard

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Federal Budget 2009: No Room For Women at the Table

by matttbastard

Following several days of strategically-timed leaks to the press, the Stephen Harper Party has finally tabled its stimulus budget, which, according to the Canadian Press, “submerges Canada in a sea of red ink after more than a decade of clear fiscal sailing.”  Indeed, it seems that Jim Flaherty has finally embraced his inner Keynesian, after years of hiding it beneath Milton Friedman’s long shadow:

The Tories are doling out nearly $20-billion – or half the stimulus package – to spur immediate spending on infrastructure projects and home construction.

Nearly $12-billion federal dollars will be made available for “shovel-ready” public works projects across Canada that can be commenced quickly, but there’s a catch. Provinces and municipalities will have to contribute nearly $9-billion more in order to get the roads, bridges and sewer upgrade work started.

Cost-shared projects the Tories are eying include: revitalizing Union Station in Toronto, the Evergreen transit line in Vancouver, road upgrades in Quebec City and the Summerside wind energy project on Prince Edward Island.

[…]

Infrastructure spending alone won’t keep all the building trades in Canada busy though and Ottawa has allocated $7.8-billion for other construction activity – to renovate and upgrade housing.

This includes $3-billion it expects to spend giving out tax breaks for the temporary home renovation credit as well as $1-billion in outlays to fund renovations and retrofits of social housing. Ottawa will also spend $400-million on new home construction for low-income seniors, $400-million on first nations reserve housing and $200-million for building northern residences.

Of course, all that spending (and tax cuts) comes at a cost (er…you know what I mean):

Ottawa is forecast to add $85-billion to the debt between now and 2012-13, eroding much of the debt-reduction achievements of the past decade. Current and former governments have shaved $105-billion from the national debt since the late 1990s by using surpluses to retire obligations owing.

Yet out of all the ‘pragmatic’ concessions made by the Harper conservatives that fly in the face of their purported ideological ‘principles’ (a practice the Harpercons have been perfecting recently) there’s still one policy area where old habits die harder than Bruce Willis, as the NDP (which, along with the Bloc, has already vowed to vote down the budget) points out in a press release (h/t The Regina Mom):

The budget…contains no mention of childcare spaces and maintains the attack on women’s ability to pursue pay equity complaints.

Via Antonia Zerbisias, YWCA Canada has also issued a press release with its response to the latest bird-flip to 51% of the population:

“The government has set up some very inclusive spending with this budget for First Nations, seniors and people with disabilities, but we don’t see an awareness that Canadian women are very vulnerable in hard times,” says YWCA Canada CEO Paulette Senior. “Two-thirds of Canadians working for minimum wage are women, many taking any work they can find to hold family and community together.  Government stimulus spending must take this into account.”

[…]

The hole in this budget is child care services. For Canadian women and their families, child care is missing, and it is vital,” says Senior. “Everything we know about building strong families says child care services are essential. And that goes double for women needing to leave violent situations. They need affordable, quality care for their children so they can go out and work. Childcare not only creates jobs but it supports women and their families. Now is the time.”   The budget announced $200 million for social housing in the north, a much needed investment.

Unlike the November economic update there was no mention of pay equity in the budget.  “We are very sorry to hear a resounding silence from the government on this issue,” says Paulette Senior. “Especially as job stimulus spending is concentrated in employment sectors heavily dominated by men. The government needs to rethink its position on this equality issue and take the advice of its own task force.”

Keep in mind that, according to CUPE National President Paul Moist, “[m]any of these measures have a shelf-life of only two years.”  Anyone who believes that we have witnessed the birth of a new era of post-partisan Conservative governance needs to stop downing so many goddamn Hope and Change cocktails and reset their GPS (hint: we’re still flying north of the US border, kids–even under NAFTA obligations, Obama’s transformative reach unfortunately stops at the customs desk).  Still, it’s all-too-telling that, even in the short term, demonstrative apathy (or, depending how you look at it, antipathy) towards the women of Canada is one principle that the Tories are entirely unwilling to sacrifice at the alter of (temporary) expediency.

And, if anyone really thinks that we’re going to see this budget get killed, as Mark Taylor recommends, or even substantively modified before passage,  Brodie Fenlon of the Globe and Mail puts things into perspective with the following lede:

The fate of the Harper Conservative’s massive stimulus plan and its minority government now rests in the hands of Liberal Leader Michael Ignatieff, as does the future of the fledgling Liberal-NDP coalition.”

In other words, progressives and coalition supporters shouldn’t even bother inhaling, much less holding it in.  Still, if the spirit of futile optimism moves you to act despite the long odds (as, um, it always does to yours truly), contact info for Liberal Leader Michael Ignatieff is as follows:

Ottawa Parliamentary Office

Room 435-S, Centre Block
House of Commons
Ottawa, ON K1A 0A6
Tel: (613) 995 – 9364
Fax: (613) 992 – 5880
Email: Ignatieff.M@parl.gc.ca

Alternatively,  folks who are more new media saavy can send their thoughts via Iggy’s 1337 Web 2.0 hub.

Related: Various reponses from First Nation leader Phil Fontaine, James Laxer, and Marc Lee of the Progressive Economics Forum, who dismisses the “leakiest budget in Canadian history” as “more of a communications strategy than a serious budget for tough times.”

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US Job Losses in 2008 Highest Since 1945

by matttbastard

Weeeeeeeeeeeeeeeeeeeeeee!

My apologies for being so late noting this–congratulations are owed to our southerly neighbours for their latest dubious economic milestone. Our paltry 34,000 jobs lost in December pale in comparison to your staggering 524,000 (524,000!), let alone the 2.5 million (2.5 million!) over the course of 2008. Rest assured that, as per our recently-resigned-to-reality Minister of Finance and Prime Minister, we’ll be doing our goddamndest in 2009 to catch up with the good ol’ US of A.

So don’t get too cocky, Uncle Sam — The Beaver is on the rise! (or the decline, if you will.)

Ok, all snark aside, with the US shedding over one million (one million!) jobs in the final two months of 2008 alone, one really, really hopes that, contra John Judis, Obama does, in fact, fully appreciate the enormity of the global economic crisis he will inherit from the outgoing administration.

Because we’ve yet to even come close to hitting bedrock.

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